Tokai Rika : Presentation

FY2024 2nd Quarter

Financial Results

(2023/4－2023/9)

Summary

1. FY2024 2nd Quarter Financial Results

●Sales increased compared to the same period last year due to production increase at major customers.

●Operating profit increased due to the effect of increased sales, cost improvements, recovery of rising raw material

and energy costs, and fixed cost decrease.

●Sales and profits reached record highs for the 2nd quarter.

2. FY2024 Financial Forecast

●Annual forecast has been revised upward based on the performance in the 2nd quarter.

2/23

Index

1. FY2024 2nd Quarter Financial Results

（1）Consolidated Financial Results

（2）Consolidated Sales (By Customer/Product)

（3）Operating Profit Change Factors

（4）Financial Results (By Region)

2. FY2024 Financial Results Forecast

（1）Consolidated Financial Results Forecast

（2）Consolidated Sales Forecast (By Customer/Product)

（3）Operating Profit Change Factors Forecast

（4）Financial Results Forecast (By Region)

（5）Operating Profit Change

（vs Previous Forecast）

1. Dividend
2. Trends in performance

3/23

1. FY2024 2nd Quarter

Financial Results

（1）Consolidated Financial Results
		FY2023		FY2024	Change	Change	【Details】
	Unit:100M¥
	2Q			2Q	％	Forex
		Act.Change
	（）:Profit %
	Sales	2,669		☆ 3,074	+405	15.2%	+85	+320
	Operating Profit	39		☆	202	+163	416.6%	+17	+146
	（％）	(1.5%)			(6.6%)
		Forex Gain 66		Forex Gain 57
	Ordinary Profit	119		☆	277	+158	132.5%	+17	+141
	（％）	(4.5%)			(9.0%)
	Profit attributable	79		☆	202
	to owners of parent		+123	154.0%	+15	+108
	（％）	(3.0%)			(6.6%)
	USD Rate	¥131			¥139	+8	-	-	-
	EUR Rate	¥137			¥152	+15
							☆ indicates record high
									5/23

（2）Consolidated Sales (By Customer/Product)

By Customer

（Unit:100M¥）

3,500

3,500

By Product

			3,074
3,000
2,669
			819
2,500			(27%)
713
2,000	(27%)
1,500		1,956	2,255
1,000
	(73%)
	(73%)
500
0

Non-

Toyota

Toyota

&

Toyota Group

3,000

2,500

2,000

1,500

1,000

500

0

2,669

435

(17%)

159 (6%)

295 (11%)

357

(13%)

383

(14%)

1,040

(39%)

3,074

528

(17%)

160 (5%)

356 (12%)

410

(13%)

424

(14%)

1,196

(39%)

Others

Key Lock

Shift Lever

Smart

System

Seat Belt

HMI Products

FY2023 2Q	FY2024 2Q	FY2023 2Q	FY2024 2Q	6/23

（3）Operating Profit Change Factors

FY2024 2nd Quarter：16.3 Billions Yen Increase

（Unit:100M¥）

250

Price up: ▲23	▲2	212
（Electoronics parts, etc）

200				Price recovery: +31		+26		10
			+17	▲26		+36
150			+8
		+98					Expenses： +36	202
100						Labor Cost：▲13
							Depreciation：+3
	55
50	16	Strategic Investment
	39	OperatingProfit
0
	FY2023	Volume	Forex	Selling	Material	Cost	Fixed	others	FY2024
	2Q			Prices	Prices	Reduction	Cost		2Q	7/23

（4）Financial Results (By Region)

Unit:100M¥		FY2023	FY2024	Change	Change	【Details】
（）:Profit %		2Q		2Q		％	Forex	Act.Change
Japan	Sales	1,281		1,559		+ 278	21.7%	+ 15	+ 263
	▲ 50 (▲3.9%)	38		+ 88
Operating Profit(%)	(2.4%)	－	+ 11	+ 77
Americas	Sales	650		776		+ 126	19.2%	+ 41	+ 85
	1		25		+ 24
Operating Profit(%)	(0.2%)	(3.2%)	－	▲ 0	+ 24
Asia	Sales	943		979		+ 36	3.8%	+ 27	+ 9
	87		122		+ 35
Operating Profit(%)	(9.2%)	(12.5%)	39.3%	+ 5	+ 30
Europe	Sales	197		226		+ 29	15.0%	+ 25	+ 4
Brazil	Operating Profit(%)	9	(4.6%)	14	(6.2%)	+ 5	61.0%	+ 1	+ 4
Consolidation	Sales	▲ 403		▲ 467		▲ 64	－	▲ 24	▲ 40
Adjustment	Operating Profit(%)	▲ 9		1		10	－	+ 0	+ 10
Total	Sales	2,669		3,074		+ 405	15.2%	+ 85	+ 320
	Operating Profit(%)	39	(1.5%)	202	(6.6%)	+ 163	416.6%	+ 17	+ 146 8/23

2. FY2024 Financial Results

Forecast

（1）Consolidated Financial Results Forecast

Unit:100M¥ （）:Profit %

FY2023	FY2024		Change 【Details】	FY2024 1Q
Change	announce
Actual	Forecast		％	Forex	Act.	ment
	Change

Sales	5,531	☆	6,100	+569	10.3%	+139	+430	5,800
Operating Profit	166		320	+154	92.1%	+25	+129	200
（％）	(3.0%)		(5.2%)	(3.4%)
Ordinary Profit	240	☆	390	+150	62.1%	+24	+126	210
（％）	(4.4%)		(6.4%)	(3.6%)
Extraordinary loss	▲ 11		※1 ▲ 1	+10	－	－	+10	▲ 1
Profit attributable	109	☆	260					130
to owners of parent	+151	138.5%	+22	+129
（％）	(2.0%)		(4.3%)					(2.2%)
USD rate	¥134		¥140	+6	－	－	－	¥106
EUR rate	¥139		※2	+12	¥126
	¥151

※1.Dismantling cost of Nishibiwajima factory ¥100M	※2.Oct-Mar FX rate: ¥140/$ ¥150/€	☆ indicate records high 10/23