Suzuki : Summary of Business Results for the Third Quarter Ended March 31, 2023 (Consolidated) (669KB)

Summary of Business Results for the Third Quarter Ended March 31, 2023

[Japan GAAP] (Consolidated)

Company	Suzuki Co., Ltd.		May 15, 2023
	Listed on the TSE
Stock Code	6785	URL: http://www.suzukinet.co.jp
Representative	Noriyoshi Suzuki, Representative Director and President
Contact	Hiromasa Homma, General Manager, Accounting Dept.	T E L: [phone]
Expected date of filing of quarterly report: May 15, 2023	Expected starting date of dividend payment: -

Preparation of quarterly supplementary financial document: None

Quarterly results briefing: None

（Rounded down to million yen）

１. Consolidated business results for the nine months ended March 2023

(July 1, 2022 through March 31, 2023)

1. Consolidated results of operations

(% change from the previous corresponding period)

	Net sales			Operating income	Ordinary income		Net income attributable to
				owners of parent
Nine months ended Mar. 2023	Million yen	%		Million yen	%	Million yen	-1.0	%	Million yen	%
19,948	2.4		2,483	9.9	2,425		1,504	2.2
Nine months ended Mar. 2022	19,475	-		2,260	-8.9	2,449	-7.7		1,471	-8.5
(Note) Comprehensive income
Nine months ended March 2023: 1,628 million yen (-20.6%)
Nine months ended March 2022: 2,052 million yen (- 0.1%)
	Net income			Diluted net income per
	per share			share
Nine months ended Mar. 2023	104.68	Yen		-	Yen
Nine months ended Mar. 2022	102.41			-

(2) Consolidated financial position

		Total assets	Net assets	Shareholders' equity
		ratio
As of Mar. 2023		Million yen	Million yen	%
	33,949	22,791	65.4
As of Jun. 2022		32,262	21,714	65.7
(Reference) Shareholders' equity
As of March 2023: 22,218 million yen
As of June 2022:	21,183 million yen

2. Dividends

			Annual dividend
	End of 1Q	End of 2Q	End of 3Q	Year-end	Total
	Yen	Yen	Yen	Yen	Yen
Year ended Jun. 2022	-	0.00	-	20.00	20.00
Year ending Jun. 2023	-	0.00	-
Year ending Jun. 2023 (forecast)				30.00	30.00

(Note) Revisions to dividend forecast for the current quarter: Yes

3．Forecast of consolidated business results for the fiscal year ending June 2023

(July 1, 2022 through June 30, 2023)			(% change from the previous corresponding period)
	Net sales		Operating income	Ordinary income	Net income attributable	Net income
		to owners of parent	per share
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Year ending Jun. 2023	26,506	1.6	2,832	-4.3	2,836	-15.9	1,767	-15.3	122.96

(Note) 1. Revisions to business forecast for the current quarter: Yes

2. From the first quarter consolidated accounting period, we have changed the method to display the standard scrap value included in the received goods in the paid receiving transaction, which was deducted from the cost of sales, in the sales amount. "Sales" for the previous fiscal year are compared with figures after reclassification to reflect this change in presentation method.

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*Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): Yes
2. Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:

None

1. Changes in accounting policies, accounting estimates and restatement
   ① Changes in accounting policies associated with revision of accounting standards: ②Changes in accounting policies other than ①
   ③Changes in accounting estimates
   ④Restatement
2. Shares outstanding (common stock)

• Number of shares outstanding at the end of period (treasury stock included)

As of March 2023	14,404,400 shares
As of June 2022	14,404,400 shares

• None
• None
• None
• None

• Treasury stock at the end of period

As of March 2023	69,202 shares
As of June 2022	32,575 shares

• Average number of stock during period (quarterly cumulative period)

Nine months ended March 2023	14,374,109 shares
Nine months ended March 2022	14,372,747 shares

*Quarterly financial summary is not subject to auditing procedures by certified public accountants or auditing

firms.

*Explanation regarding appropriate use of business forecasts and other special instructions

Forecasts regarding future performance in this material are based on information currently available to the Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. The Company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

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