This presentation contains forward looking statements which reflect Management's current views and estimates. The forward looking statements involve certain risks and uncertainties, which may cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments.
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023
Reminders
All amounts are in JPY (unless otherwise noted).
"Mass Production'' in the context of factors affecting operating profit, means assembly and transmission parts.
''Non-MassProduction'' in the context of factors affecting operating profit, means equipment, die and new model prototype.
North America Segment excludes G-ONE AUTO PARTS DE MEXICO, S.A. DE C.V. (G-ONE).
Financial statements are available in '' Summary of Consolidated Financial Results for the Year Ended March 31st, 2023 (Based on Japanese GAAP)'' disclosed at G-TEKT official website on
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023
FY2022 Full Year Performance Highlights
Apr. - Mar.
(in JPY billion)
NET SALES
¥ 314.3B
(YOY variance)
32.9%
OPERATING PROFIT
¥ 12.8B
(YOY variance)
17.4%
EPS
¥ 238.87
(YOY variance)
15.6%
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023
The number of the production increased due to the ease of semiconductor shortage.
Also, Increase in the sales of die equipment, reflection of expenses for infrastructure, and the effect of foreign exchange rates led the sales increase.
Due to the positive earning in Q4, upward revision was made in previous FY2022 financial outlook.
Outlook
Change
Rate of
FY2022
Currency
Revised in
Change
Apr. - Mar.
effects
Feb
Net sales
311.0
3.3
1.1%
314.3
3.0
Operating profit
10.3
2.5
24.6%
12.8
0.1
Operating profit margin
3.3%
+0.8pt
-
4.1%
-
Net income attributable to
7.6
2.7
35.1%
10.3
0.1
owners of parent
EPS (¥)
176.76
62.11
35.1%
238.87
-
FY2022 Financial Results
Apr. - Mar.
FY2021
Change
YOY
3M-2022
FY2022
Currency
(in JPY billion)
Apr. - Mar.
variance
Jan. - Mar.
Apr. - Mar.
effects
Net sales
236.5
77.8
32.9%
78.6
314.3
403
Operating profit
10.9
1.9
17.4%
2.6
12.8
14
Operating profit margin
4.6%
-0.5pt
-
3.3%
4.1
-
Net income attributable
8.9
1.4
15.7%
1.9
10.3
1.0
to owners of parent
EPS (¥)
206.68
32.19
15.6%
43.37
238.87
-
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023
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G-Tekt Corporation published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2023 12:42:01 UTC.
G-TEKT CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates in six regional segments, including Japan, North America, Europe, Asia, China and South America. The Company is engaged in the provision of automobile body parts such as dashboards, side structures, parcels, back panels and frames, transportation equipment parts such as automobile body pressed parts and thick precision pressed parts, automotive transmission parts, as well as production equipment such as molds, jigs and tools, and welding equipment.
G-TEKT CORPORATION 
