First Quarter Financial Results （PDF:749.3KB）

Translation

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

		Summary of Consolidated Financial Results
		for the Three Months Ended of June 30, 2022
		(Based on IFRS)
					July 29, 2022
Company name:	Toyota Boshoku Corporation
Stock exchange listing:	Tokyo, Nagoya
Stock code:	3116	URL https://www.toyota-boshoku.com
Representative:	President		Masayoshi Shirayanagi
Inquiries:	General Manager, Accounting & Finance	Takeshi Ogiso	TEL [phone]
Division
Scheduled date to file Quarterly Securities Report:	August 12, 2022
Scheduled date to commence dividend payments:	-
Preparation of supplementary material on quarterly financial results:	Yes
Holding of quarterly financial results meeting:	Yes	(for analysts and institutional investors)

(Amounts less than one million yen are omitted.)

1. Consolidated financial results for the three months ended June 30, 2022 (from April 1, 2022 to June 30, 2022)

(1) Consolidated operating results

(cumulative)

Percentages indicate year-on-year changes

Profit before

Profit

Profit attributable to

Comprehensive

Revenue

Operating profit

owners of

income taxes

for the period

income

the parent

Millions

%

Millions

%

Millions

%

Millions

%

Millions

%

Millions

%

of yen

of yen

of yen

of yen

of yen

of yen

Three months ended

350,346

(1.1)

3,404

(80.9)

7,550

(61.3)

41

(99.7)

(1,378)

－

19,134

14.2

June 30, 2022

Three months ended

354,267

67.0

17,799

－

19,487

－

13,747

－

12,195

－

16,761

－

June 30, 2021

Profit per share

Profit per share

attributable to owners

attributable to owners

of the parent - Basic

of the parent - Diluted

Yen

Yen

Three months ended June 30, 2022

(7.38)

(7.38)

Three months ended June 30, 2021

65.27

－

(2) Consolidated financial position

Total assets

Total equity

Equity attributable to

Ratio of equity attributable

owners of the parent

to owners of the parent

Millions

of yen

Millions of yen

Millions of yen

%

As of June 30, 2022

975,357

432,782

395,810

40.6

As of March 31, 2022

964,740

423,835

386,162

40.0

2. Cash dividends

Annual dividends per share

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Total

Yen

Yen

Yen

Yen

Yen

Year ended March 31, 2022

－

32.00

－

32.00

64.00

Year ending March 31, 2023

－

Year ending March 31, 2023

35.00

－

35.00

70.00

(Forecast)

(Note) Changes in the forecasted cash dividends in this quarter: No

－ 1

－

3. Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)

Percentages indicate year-on-year changes

						Profit before	Profit attributable to	Profit per share
	Revenue		Operating profit	attributable to owners
		income taxes	owners of the parent
						of the parent - Basic
	Millions of		%	Millions of	%	Millions of	%	Millions of	%	Yen
	yen		yen	yen	yen
Full year	1,570,000		10.5	61,000	1.2	64,000	(0.8)	40,000	1.9	214.09

(Note) Changes in the forecast of consolidated financial results in this quarter : Yes

－ 2 －

4. Notes

(1)	Changes in significant subsidiaries during the three months ended June 30, 2022	No
	(changes in specified subsidiaries resulting in the change in scope of consolidation):
(2)	Changes in accounting policies and changes in accounting estimates
		Changes in accounting policies required by IFRS:		No
		Changes in accounting policies due to other reasons:		No
		Changes in accounting estimates:			No
(3)	Number of shares issued (common shares)
		Total number of shares issued at the end of the period (including treasury shares)
		As of June 30, 2022	187,665,738 shares	As of March 31, 2022	187,665,738	shares
		Number of treasury shares at the end of the period
		As of June 30, 2022	800,091 shares	As of March 31, 2022	799,985 shares
		Average number of shares issued during the period (cumulative from the beginning of the fiscal year)
		Three months ended June 30, 2022	186,827,525 shares	Three months ended June 30, 2021	186,847,267	shares

－ 3 －

Consolidated financial statements

Consolidated Statement of Financial Position

				(Millions of yen)
			As of March 31, 2022	As of June 30, 2022
	Assets
	Current assets
	Cash and cash equivalents	237,952	248,615
	Trade and other receivables	261,814	240,061
	Inventories	79,345	93,505
	Other financial assets	19,990	15,067
	Income taxes receivable	3,279	5,853
	Other current assets	11,933	12,238
	Total current assets	614,317	615,342
	Non-current assets
	Property, plant and equipment	270,477	280,622
	Goodwill	4,889	4,895
	Intangible assets	13,060	13,114
	Investments accounted for using the equity method	13,377	12,510
	Other financial assets	27,563	29,030
	Deferred tax assets	19,355	17,914
	Other non-current assets	1,698	1,926
	Total non-current assets	350,422	360,015
	Total assets	964,740	975,357

－ 4 －

			(Millions of yen)
		As of March 31, 2022	As of June 30, 2022
Liabilities and equity
Liabilities
Current liabilities
Trade and other payables	218,979	203,406
Bonds and borrowings	28,381	52,792
Other financial liabilities	4,622	7,317
Income taxes payable	9,359	8,921
Provisions	6,358	6,487
Other current liabilities	92,256	93,077
Total current liabilities	359,958	372,003
Non-current liabilities
Bonds and borrowings	111,358	99,834
Other financial liabilities	7,901	7,870
Retirement benefit liability	56,107	56,734
Provisions	288	296
Deferred tax liabilities	3,352	3,658
Other non-current liabilities	1,937	2,178
Total non-current liabilities	180,946	170,571
Total liabilities	540,904	542,575
Equity
Share capital	8,400	8,400
Capital surplus	3,097	3,097
Retained earnings	345,680	338,317
Treasury shares	(1,583)	(1,583)
Other components of equity	30,567	47,578
Total equity attributable to owners of the parent	386,162	395,810
Non-controlling interests	37,672	36,972
Total equity	423,835	432,782
Total liabilities and equity	964,740	975,357

－ 5 －