Securities Code:6770

Results Briefing FY2023 1Q

July 28, 2023

FY2023 1Q Consolidated Financial Results

FY2023 Consolidated Financial Results

Forecast

Basic Data

1

FY2023 1Q Consolidated Financial Results

FY2023 Consolidated Financial Results

Forecast

3 Basic Data

2

Financial year ending March 31, 2024

1Q Consolidated cumulative period result

[Unit: ¥ billion]

YonY increase in sales, decrease in operating income

FY2022 1Q

FY2023 1Q

Impact of

Results(Cumulative)

Results(Cumulative)

YoY

exchange rate

Net Sales

204.9

218.5

+13.5

+9.1

100.0%

100.0%

+6.6%

Operating

1.7

-2.5

-4.2

+1.8

Income

0.8%

-1.2%

+0.0%

Ordinary

7.2

2.3

-4.9

Income

3.5%

1.1%

-67.5%

Profit Attributable to

2.6

-2.3

-4.9

Yen0.4bil Fixed asset impairment

Owners of Parent

1.3%

-1.1%

0.0%

includes in this FY

USD / JPY

129.57

137.37

+7.80

EUR / JPY

138.12

149.47

+11.35

CNY / JPY

19.58

19.56

-0.02

*Logistics business: As of the end of the first quarter of FY2022, ALPS LOGISTICS CO., LTD. and its 25 subsidiaries were transitioned to equity affiliates of ALPS ALPINE CO., LTD.

© 2023 ALPS ALPINE CO., LTD. All rights reserved. 3

Year-on-Year Changes in Operating Income

[Unit: ¥ billion]

Effect from

exchange rates

Variable

Net

cost

Depreciation

Sales

expenses

Fixed cost

(Labor costs・

expense・R&D costs)

Inventory increased in last 1Q FY22

due to Shanghai lockdown impact

Major up and downs

(-) ・Product mix changeOther ・Material cost increase

・Extra cost for new product launch

(+)・Price optimization

・Car production recovery

Logistics

Major downs

・New product in module

(-) ・R&D cost increase

& system segment sales increased

・Wedges, Energy cost increase

FY2022

1QYoY -4.2

FY2023

1Q

© 2023 ALPS ALPINE CO., LTD. All rights reserved. 4

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Alps Electric Co. Ltd. published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2023 03:18:09 UTC.