Note: This document is a translated version of the Japanese original. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
May 14, 2024
Notice Regarding Differences between Non-consolidated Financial Results Forecasts
and Actual Results for the Fiscal Year Ended March 31, 2024
Taiheiyo Cement Corporation hereby announces the following differences in the financial results announced today compared to the non-consolidated financial results forecast for the fiscal year ending March 31, 2024 (April 1,2023 to March 31, 2024) announced on November 9, 2023, as follows.
1. Differences from the non-consolidated financial results forecast for the fiscal year ended March 31, 2024 (April 1, 2023 to March 31, 2024)
Ordinary | Basic | |||
Net sales | Profit | earnings | ||
profit | ||||
per share | ||||
Millions of yen | Millions of yen | Millions of yen | Yen | |
Previous forecast (A) | 346,000 | 27,500 | 25,000 | 212.88 |
Actual result (B) | 335,889 | 32,104 | 33,443 | 286.08 |
Difference (B-A) | (10,111) | 4,604 | 8,443 | - |
Difference (%) | (2.9) | 16.7 | 33.8 | - |
(Reference) | 309,486 | (16,733) | (32,882) | (280.12) |
Results for the fiscal year ended | ||||
March 31, 2023 |
2. Reason for the difference from the forecast
Net sales were lower than the previous forecast, mainly due to a decrease in cement sales volume in Japan. On the other hand, profit exceeded the previous forecast mainly because of an increase in dividends from subsidiaries and recording of insurance claim income.
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Taiheiyo Cement Corporation published this content on 14 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2024 07:17:01 UTC.