Delay of parts supply from vehicle manufacturers/Lack of semiconductors
Reduction of demand due to stagnation of Chinese economy
Overall sales are at the same level before the spread of covid-19
Soaring raw material prices and logistics costs
Deterioration of profits in North America business
FY2022 Full-year Outlook
Market remains uncertain because of Shanghai Lockdown
Soaring energy costs caused by Russia Ukraine crisis and further deterioration of raw materials market condition
Improving performance of North America business
Emergency profit measures about domestic business, commence drastic reorganization
4
Ⅱ. FY2021 Achievement
5
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TBK Co. Ltd. published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 01:42:06 UTC.
TBK Co., Ltd. is a Japan-based manufacturer of automobile parts. The brakes division manufactures and sells brakes, which are used in small-scale cars, large-scale trucks and buses, among others. The engine component and others division manufactures and sells lube oil pumps and water pumps, which are used for engine cooling purposes in small-scale cars, large-scale trucks and buses, among others.