Notice of Differences between Non-Consolidated Financial Results for the
Fiscal Years Ended March 31, 2024 and March 31, 2023
Toyota Boshoku Corporation (the "Company") hereby announces the following differences between its non-consolidated financial results for the fiscal year ended March 31, 2024 (April 1,2023 to March 31, 2024) and March 31, 2023.
1． Differences in Non-Consolidated Financial Results
(Amount Unit: Millions of yen)
Operating
Ordinary
Basic
Net Sales
Net Profit
earnings per
profit
profit
share
Previous year results
(A)
705,346
5,717
48,899
41,534
222.30 yen
Fiscal Year Ended
March 31, 2023
Current period results
(B)
878,337
1,988
36,713
32,403
174.51yen
Fiscal Year Ended
March 31, 2024
Change （B－A）
172,990
(3,728)
(12,185)
(9,131)
Change (%)
24.5
(65.2)
(24.9)
(22.0)
2． Reasons for the Differences
Net sales increased due to an increase in production volume resulting from the resolution of parts supply problems and other factors. Profit decreased from the previous fiscal year, despite the effect of increased production and a change in the car model mix, due to an increase in overhead costs, as well as the impact of the structural reform expenses and the transfer pricing adjustment in the previous fiscal year.
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Toyota Boshoku Corporation published this content on
26 April 2024 and is solely responsible for the information contained therein. Distributed by
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26 April 2024 14:36:26 UTC.
TOYOTA BOSHOKU CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automobile parts and textile products. The Company operates through four geographic segments including Japan, Americas, Asia & Oceania, as well as Europe & Africa. The Company is involved in the manufacture and sale of interior products, automotive filters and power train equipment parts, other automobile related parts, as well as textile related products.
TOYOTA BOSHOKU CORPORATION 
