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Revisions to earnings forecasts6785SUZUKI CO.,LTD.Electrical and Precision Instruments

Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ended June 2023

The full-year consolidated earnings forecast for the fiscal year ended June 2023 was lowered to revenue of ¥26,505 million, operating income of ¥2,832 million, ordinary income of ¥2,836 million and net income attributable to owners of the parent of ¥1,767 million. Revenue is 10.6% below the previous forecast and net income is 14.8% lower.

Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-14.8
% (rate of decline in net income attributable to owners of the parent)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ended June 2023 · Full yearPrevious forecast published 2022年8月9日
Net Sales29,648→26,505millions
-10.6%
Operating profit3,235→2,832millions
-12.5%
Ordinary income3,236→2,836millions
-12.3%
Profit attributable to owners of the parent2,062→1,767millions
-14.8%
Net income per share143.5→122.96Yen/sen
-14.3%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

主力である部品セグメントのスマートフォン関連部品は低調に推移し、産機向け部品や自動車電装部品の受注は調整基調となった。また、機械器具セグメントの自動機器は仕入部材の逼迫が解消せず生産計画に遅れが生じ、売上・利益とも計画を下回った。第4四半期は改善傾向となるものの回復ペースが緩やかであることを踏まえ、通期予想を修正した。

Previous-period results売上高26,085百万円、営業利益2,958百万円、経常利益3,371百万円、親会社株主に帰属する当期純利益2,087百万円、1株当たり当期純利益145.26円 銭(2022年6月期)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥29,648 millions → ¥26,505 millions(-10.6%)
Operating profit¥3,235 millions → ¥2,832 millions(-12.5%)
Ordinary income¥3,236 millions → ¥2,836 millions(-12.3%)
Profit attributable to owners of the parent¥2,062 millions → ¥1,767 millions(-14.8%)
Net income per share143.5 Yen/sen → 122.96 Yen/sen
Fiscal Period CoveredFiscal year ended June 2023
Period CoveredFull year
Publication date of previous forecast2022年8月9日
Previous-period results売上高26,085百万円、営業利益2,958百万円、経常利益3,371百万円、親会社株主に帰属する当期純利益2,087百万円、1株当たり当期純利益145.26円 銭(2022年6月期)
Reason for the revision主力である部品セグメントのスマートフォン関連部品は低調に推移し、産機向け部品や自動車電装部品の受注は調整基調となった。また、機械器具セグメントの自動機器は仕入部材の逼迫が解消せず生産計画に遅れが生じ、売上・利益とも計画を下回った。第4四半期は改善傾向となるものの回復ペースが緩やかであることを踏まえ、通期予想を修正した。
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

スマートフォン関連部品が低調に推移し、産機向け部品や自動車電装部品の受注も調整基調となった。また、自動機器では仕入部材の逼迫が解消せず、生産計画に遅れが生じて売上・利益が計画を下回った。第4四半期は改善傾向となるものの、回復ペースが緩やかと見込んだため。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ended June 2023 | SUZUKI CO.,LTD. (6785) timely disclosure | Komori