We introduce topics regarding the latest financial results.
We announced the financial results for FY2024, on May 13, 2025.
FY2024 results (from April 1, 2024 to March 31, 2025)
Regarding the performance for the fiscal year ending March 2025, the group's overall sales increased due to higher sales of automotive products such as wire harnesses in the Electronics & Automotive Systems business, and higher sales of products for data centers in the Functional Products business, as well as the impact of fluctuations in copper prices and exchange rates. In terms of profit, we achieved increased profits through efforts to expand the lineup of high-value-added products, improve productivity, and optimize selling prices. As a result, consolidated net sales were JPY 1,201.8 billion (up 13.7% YoY), consolidated operating profit was JPY 47.1 billion (up JPY 35.9 billion YoY), and consolidated ordinary profit was JPY 48.6 billion (up JPY 38.3 billion YoY). We recorded extraordinary income of JPY 4.8 billion from stock exchange gains and JPY 10.4 billion from the sale of investment securities, while extraordinary losses included JPY 2.6 billion in impairment losses and JPY 6.1 billion in provision for product warranties. As a result, profit attributable to owners of parent was JPY 33.4 billion (up JPY 26.9 billion YoY).
FY2025 forecasts (from April 1, 2025 to March 31, 2026)
Regarding the performance for the fiscal year ending March 2026, despite the financial easing, slowdown in inflation, and improvement in income conditions in the United States and Europe, it is expected that the outlook will remain uncertain due to factors such as U.S. tariff measures, the Russia-Ukraine situation, and geopolitical risks in the Middle East. In this context, we forecast consolidated net sales of JPY 1,200 billion, consolidated operating profit of JPY 53 billion, consolidated ordinary profit of JPY 52 billion, and profit attributable to owners of parent of JPY 36 billion, driven by increased sales of data center-related products in the Communications Solutions business and Functional Products business, as well as the increased production and sales expansion of high-value-added products, and improvements in productivity.
| Net sales | JPY 1,200.0 billion (down 0.1％ yoy） |
|---|---|
| Operating profit | JPY 53.0 billion (up 12.5％ yoy） |
| Ordinary profit | JPY 52.0 billion (up 7.1％ yoy） |
| Profit attributable to owners of parent | JPY 36.0 billion (up 7.9％ yoy） |
Disclaimer
Within the information found on our website, excluding past and present facts, the economic conditions including business forecasts for our group’s businesses, exchange rate fluctuations and other factors that may impact the financial results are based on forecasts and assumptions made by our group using the information available at that time. Also, forward-looking statements contain known and unknown risks and uncertainties, and the actual results may differ significantly from the forward-looking statements. In addition, we are not obligated to update forward-looking statements found on our website.