Market Closed -
Japan Exchange
02:00:00 2024-07-05 am EDT
5-day change
1st Jan Change
2,485
JPY
-1.51%
-0.32%
-2.74%
Topy Industries : Financial Results of the First Quarter for FY2023
Financial Results of the First Quarter for FY2023
(April 1, 2023 - June 30, 2023)
TYO 7231
August 4, 2023
Financial Results of the First Quarter for FY2023
(compared to FY2022)
Increase
Increase
Net sales
Operating profit
in sales
in income
(100 millions of yen)
FY2022
FY2023
YoY
1Q
1Q
Change
Increase/decrease (%)
Net sales
750
815
65
8.7%
Operating profit
(6)
16
21
-
Operating profit margin
(0.8)%
1.9%
Ordinary profit
4
24
20
557.5%
Profit attributable to
4
17
13
346.4%
owners of parent
Compared to same period of the past FY
Quarterly changes
Net sales
Operating profit
(100 millions of yen)
1,000
50
38
40
800
30
21
16
17
18 16
20
600
11 12
6
10
400
0
Copyright©2023 Topy Industries, Limited All Rights Reserved.
(5)(9) (6)
(9)(6)
(10)
(23) (19)
Apl.-Jun.
Jul.-Sep.
Oct.-Dec.
Jan.-Mar.
Apl.-Jun.
Jul.-Sep.
Oct.-Dec.
Jan.-Mar.
Apl.-Jun.
Jul.-Sep.
Oct.-Dec.
Jan.-Mar.
Apl.-Jun.
Jul.-Sep.
Oct.-Dec.
Jan.-Mar.
Apl.-Jun.
FY2019
FY2020
FY2021
FY2022
FY2023
* The Group has applied Accounting Standard for Revenue Recognition since FY2021
Results by segment (compared to FY2022)
(100 millions of yen)
FY2022
FY2023
YoY
1Q
1Q
Change
Increase/decrease (%)
Net sales
Operating
Net sales
Operating
Net sales
Operating
Net sales
Operating
profit
profit
profit
profit
Steel
264
2
277
24
13
22
5.0%
1,195.5%
Segment
Automotive
and Industrial
439
6
494
9
54
3
12.4%
41.5%
Machinery
Components
Segment
Power
31
(6)
27
(8)
(4)
(2)
(13.8)%
Generation
-
Segment
Other
16
4
18
4
2
0
11.9%
10.7%
Business
Head office
-
(12)
-
(14)
-
(2)
-
-
Total
750
(6)
815
16
65
21
8.7%
-
Copyright©2023 Topy Industries, Limited All Rights Reserved.
2
Factors for change in operating profit (compared to FY2022)
Consolidated financial result
Factors for increase in profit
Factors for decrease in profit (100 millions of yen)
+5
+ 31
+ 12
+3
16
(15)
(2)
(12)
(6)
FY2022
Selling price
Direct costs
Energy
Foreign
Quantity &
Indirect costs
Cost
FY2023
1Q
Sub materials
exchange
Variety mix
improvement
1Q
Operating
Operating
profit
profit
Steel Segment
+ 25
(0) + 10
2
FY2022
Direct costs
Foreign exchange
Indirect costs
FY2023
1Q
1Q
Operating profit
Operating profit
Copyright©2023 Topy Industries, Limited All Rights Reserved.
Automotive and Industrial
Machinery Components Segment
+9
+ 13
+2
9
6
(7)
(11)
(1)
(2)
FY2022
Direct costs
Foreign exchange
Indirect costs
FY2023
1Q
1Q
Operating profit
Operating profit
3
Overview of business results by segment (1) Steel
Financial
Business
results
environment
Compared to same period of the past FY
Net sales
Operating profit
300
24
30
25
250
264
277
20
200
10
15
150
7
10
191
151
2
5
100
152
0
50
△ 5
(5)
0
△ 10
FY2019 1Q
FY2020 1Q
FY2021 1Q
FY2022 1Q
FY2023 1Q
Quarterly changes
800
Net sales
Operating profit (100 millions of yen)
40
600
27 31
24
30
20
20
11 14
400
10
7
6
5
10
3
3
2
0
200
0
0
(5)
(3)(3)
△ 10
Apl.-Jun.
Jul.-Sep.Oct.-Dec.
Jan.-Mar.
Apl.-Jun.
Jul.-Sep.
Oct.-Dec.
Jan.-Mar.
Apl.-Jun.
Jul.-Sep.
Oct.-Dec.Jan.-Mar.
Apl.-Jun.
Jul.-Sep.Oct.-Dec.
Jan.-Mar.
Apl.-Jun.
FY2019
FY2020
FY2021
FY2022
FY2023
* The Group has applied Accounting Standard for Revenue Recognition since FY2021
4
Copyright©2023 Topy Industries, Limited All Rights Reserved.
Attachments
Original Link
Original Document
Permalink
Disclaimer
TOPY Industries Ltd. published this content on 04 August 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 23 August 2023 08:53:05 UTC .
Japanese Shares Breaches 39,000 Again as Wall Street Gains on Rate Cut Hopes
May. 20
MT
Topy Industries Pays 73 Yen Per Share as Final Dividend
May. 19
MT
Topy Industries, Limited Announces Year-Ended Dividend for the Fiscal Year 2023, Effective Date is June 4, 2024
May. 17
CI
Topy Industries, Limited Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half Ending October 31, 2024 and Full Year Ending March 31, 2025
May. 16
CI
Topy Industries, Limited Provides Second Quarter-End Dividend Guidance for the Six Months Ending September 30, 2024 and Year-End Dividend Guidance for the Year Ending March 31, 2025
May. 16
CI
Topy Industries, Limited Revises Dividend Guidance for Year Ending March 31, 2024
Mar. 28
CI
Topy Industries, Limited Revises Consolidated Earnings Guidance for the Year Ending March 31, 2024
Mar. 28
CI
Japanese Shares Hit Another 52-Week Peak on Soft Yen, US Rate Cut Hopes
Feb. 16
MT
Topy Industries’ Attributable Profit Down 8% in Fiscal Nine Months Due to Impairment Loss; Shares Up 4%
Feb. 15
MT
Topy Industries, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
Feb. 15
CI
Topy Industries, Limited Provides Dividend Guidance for the Fiscal Year 2023
Feb. 15
CI
Topy Industries, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
Nov. 14
CI
Topy Industries, Limited Announces Second Quarter-End Dividend for the Six Months Ended September 30, 2023, Payable on December 5, 2023; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2024
Nov. 14
CI
Topy Industries, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
23-08-10
CI
Topy Industries, Limited Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
23-05-22
CI
Topy Industries, Limited Announces Dividend for the Year 2022, Effective Date Is June 6, 2023
23-05-19
CI
Topy Industries, Limited Revises Dividend Forecast for Year Ended March 31, 2023
23-05-18
CI
Topy Industries, Limited Provides Dividend Guidance for the Year Ending March 31, 2023
23-02-13
CI
Topy Industries, Limited Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023
23-02-13
CI
Topy Industries Turns to Profit in Fiscal Q2
22-11-18
MT
Topy Industries, Limited Announces Dividend for the Second Quarter of Fiscal 2022; Provides Dividend Guidance for the Year Ending March 31, 2023
22-11-17
CI
Topy Industries, Limited Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023
22-11-17
CI
Topy Industries, Limited Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023
22-08-10
CI
Topy Industries, Limited Provides Dividend Guidance for the Year Ending March 31, 2023
22-08-10
CI
Topy Industries Repurchases Shares for $2 Million
22-06-08
MT
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
TOPY INDUSTRIES, LIMITED is an automobile and industrial machinery parts manufacturing company. The Company operates in three segments. The Steel segment is engaged in the manufacture of steel products by using electrical furnace, and the production and sale of rolled steel products including wide flange beams, standard shaped steel and deformed bars. The Automobile and Industrial Machinery Parts segment is engaged in the provision of automotive steel wheels, aluminum wheels, steel wheels for construction machinery, stamping products for automotive, industrial fasteners and industrial machine parts including undercarriage components of power shovels and bulldozers, and cutting edge of motor graders. The Power Generation segment is engaged in the power generation business and the wholesale of power. The Company is also engaged in the provision of sign systems, synthetic mica and crawler robots, civil engineer and construction business, the leasing of real estates and others.
More about the company
Last Close Price
2,485
JPY
Average target price
3,400
JPY
Spread / Average Target
+36.82%
Consensus
1st Jan change
Capi.
-2.74% 357M +20.40% 47.06B -21.78% 18.99B +100.93% 16.77B +27.68% 16.52B -3.07% 16.32B +2.11% 15.61B +58.34% 12.45B -26.39% 12.3B +33.56% 11.93B
Other Auto, Truck & Motorcycle Parts
+951% of historical performance
More than 20 years at your side
Our Experts are here for you
OUR EXPERTS ARE HERE FOR YOU
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1