Sustained Earnings Growth

「Net sales, operating profit, ordinary profit, and net income attributable to owners of the parent all reached record highs, achieving the consolidated performance targets for the final year of the Third Medium-Term Management Plan.」

「For the six months ended the interim period, consolidated net sales were ¥142,373 million, up 1.8% year on year; operating profit was ¥3,229 million, up 16.3%; ordinary profit was ¥3,520 million, up 15.6%; and net income attributable to owners of the parent was ¥2,930 million, up 3.7%.」

「For the full fiscal year, consolidated net sales were ¥284,552 million, up 3.9% year on year, and operating profit was ¥6,817 million, up 5.2%, with both reaching record highs. Ordinary profit was ¥7,191 million, down 1.4%, while net income attributable to owners of the parent was ¥6,015 million, down 7.1%, despite the recording of extraordinary gains including a ¥478 million gain on the sale of non-current assets and an ¥872 million gain on the sale of cross-shareholdings.」

「For the six months ended the interim period, consolidated net sales were ¥139,794 million, up 3.2% year on year; operating profit was ¥2,775 million, down 2.3%; ordinary profit was ¥3,045 million, down 2.5%; and net income attributable to owners of the parent was ¥2,826 million, up 1.4%, partly due to extraordinary gains including a ¥477 million gain on the sale of non-current assets and a ¥525 million gain on the sale of cross-shareholdings.」

「While continuing to manage progress toward the management targets set out in the Third Medium-Term Management Plan and address each priority issue, our group reported consolidated results for the nine months ended the third quarter of net sales of ¥205,818 million, up 0.2% year on year; operating profit of ¥4,598 million, up 1.8%; ordinary profit of ¥5,334 million, up 4.1%; and net income attributable to owners of the parent of ¥4,523 million, up 29.7%, partly due to the recording of extraordinary gains from the sale of cross-shareholdings and other factors.」

「While continuing to manage progress toward the management targets set out in the Third Medium-Term Management Plan and address each priority issue, our group reported consolidated results for the six months ended the second quarter of net sales of ¥135,511 million, up 0.6% year on year; operating profit of ¥2,839 million, up 2.2%; ordinary profit of ¥3,123 million, down 3.1%; and net income attributable to owners of the parent of ¥2,786 million, up 30.3%.」

「The consolidated results for the three months ended the first quarter were net sales of ¥66,769 million, up 2.7% year on year; operating profit of ¥1,348 million, up 4.8%; ordinary profit of ¥1,628 million, down 2.6%; and net income attributable to owners of the parent of ¥1,167 million, up 0.8%.」

「For the full fiscal year, consolidated net sales were ¥275,006 million, up 16.4% year on year; operating profit was ¥6,136 million, up 7.0%; ordinary profit was ¥6,719 million, up 7.3%; and net income attributable to owners of the parent was ¥6,194 million, up 54.2%, due in part to the recording of gains on sales of non-current assets.」

「The consolidated results for the nine months ended the third quarter were net sales of ¥205,403 million, up 19.8% year on year; operating profit of ¥4,514 million, up 10.9%; ordinary profit of ¥5,122 million, up 13.3%; and net income attributable to owners of the parent of ¥3,486 million, up 26.1%.」

「While continuing to manage progress toward the management targets set out in the Second Medium-Term Management Plan and address each priority issue, our group reported consolidated results for the six months ended the second quarter of net sales of ¥134,713 million, up 23.6% year on year; operating profit of ¥2,777 million, up 15.8%; ordinary profit of ¥3,223 million, up 22.6%; and net income attributable to owners of the parent of ¥2,138 million, up 23.7%.」

「While continuing to manage progress toward the management targets set out in the Second Medium-Term Management Plan and address each priority issue, our group reported consolidated results for the three months ended the first quarter of net sales of ¥65,009 million, up 23.7% year on year; operating profit of ¥1,287 million, down 1.7%; ordinary profit of ¥1,671 million, up 12.6%; and net income attributable to owners of the parent of ¥1,158 million, up 13.4%.」

「The consolidated results for the nine months ended the third quarter were net sales of ¥171,517 million, up ―% year on year; operating profit of ¥4,071 million, up 150.9%; and ordinary profit of ¥4,519 million, up 113.9%. …Net income attributable to owners of the parent was ¥2,764 million, up 46.4%.」

「While continuing to manage progress toward the management targets set out in the Second Medium-Term Management Plan and address each priority issue, our group reported consolidated results for the six months ended the second quarter of net sales of ¥108,974 million, operating profit of ¥2,398 million, up 261.6% year on year, ordinary profit of ¥2,630 million, up 186.8%, and net income attributable to owners of the parent of ¥1,728 million, up 93.3%. The year-on-year change in net sales was not stated.」

「While continuing to manage progress toward the management targets set out in the Second Medium-Term Management Plan and address each priority issue, our group reported consolidated results for the three months ended the first quarter of net sales of ¥52,554 million, operating profit of ¥1,309 million, up 785.2% year on year, ordinary profit of ¥1,484 million, up 501.5%, and net income attributable to owners of the parent of ¥1,020 million, up 197.4%. The year-on-year change in net sales was not stated.」

「Net sales were ¥175,464 million, down 14.9% year on year; operating profit was ¥2,796 million, down 14.7%; ordinary profit was ¥3,348 million, down 13.0%; and net income attributable to owners of the parent was ¥2,785 million, down 2.3%.」

「The consolidated results of our group were net sales of ¥123,973 million, down 18.4% year on year; operating profit of ¥1,622 million, down 31.4%; ordinary profit of ¥2,112 million, down 23.6%; and net income attributable to owners of the parent of ¥1,887 million, down 1.9%.」

「The consolidated results of our group were net sales of ¥76,185 million, down 26.3% year on year; operating profit of ¥663 million, down 59.2%; ordinary profit of ¥916 million, down 50.3%; and net income attributable to owners of the parent of ¥894 million, down 26.3%.」

「The consolidated results of our group were net sales of ¥36,108 million, down 30.4% year on year; operating profit of ¥147 million, down 78.7%; ordinary profit of ¥246 million, down 71.5%; and net income attributable to owners of the parent of ¥343 million, down 39.2%.」

「Net sales were ¥206,197 million, down 4.9% year on year; operating profit was ¥3,276 million, down 13.8%; ordinary profit was ¥3,850 million, down 8.8%; and net income attributable to owners of the parent was ¥2,851 million, down 11.7%.」

「The consolidated results of our group were net sales of ¥151,928 million, down 6.4% year on year; operating profit of ¥2,366 million, down 16.7%; ordinary profit of ¥2,764 million, down 14.3%; and net income attributable to owners of the parent of ¥1,924 million, down 11.2%.」

「The consolidated results of our group were net sales of ¥103,417 million, down 3.0% year on year; operating profit of ¥1,627 million, down 18.5%; ordinary profit of ¥1,844 million, down 15.6%; and net income attributable to owners of the parent of ¥1,213 million, down 17.6%.」

「Net sales were ¥51,888 million, down 3.2% year on year; operating profit was ¥694 million, down 35.8%; ordinary profit was ¥864 million, down 32.2%; and net income attributable to owners of the parent was ¥564 million, down 35.8%.」

「The current consolidated fiscal year was fiscal 2018, the second year of our medium-term management plan. To achieve the plan’s targets for the fiscal year ending March 2020, namely consolidated net sales of ¥200,000 million and consolidated operating profit of ¥3,800 million, we identified “innovation in distribution channels” and “discovering new products” as medium-term challenges」

「Under these circumstances, the consolidated results of our group benefited from strong performance in the core commercial vehicle and construction and industrial machinery industries. Net sales increased 5.8% year on year to ¥162,314 million, but operating profit declined 8.3% to ¥2,841 million, ordinary profit declined 7.2% to ¥3,225 million, and net income attributable to owners of the parent declined 6.9% to ¥2,166 million, mainly due to temporary costs associated with relocating the Kanagawa Branch.」

「Under these circumstances, the consolidated results of our group benefited from strong performance in the core commercial vehicle and construction and industrial machinery industries. Net sales increased 6.6% year on year to ¥106,646 million, but operating profit declined 3.6% to ¥1,995 million, ordinary profit declined 2.9% to ¥2,184 million, and net income attributable to owners of the parent declined 2.5% to ¥1,472 million, mainly due to temporary costs associated with relocating the Kanagawa Branch.」

「The consolidated results of our group benefited from strong performance in the core commercial vehicle and construction and industrial machinery industries. Net sales were ¥53,624 million, up 10.3% year on year; operating profit was ¥1,081 million, up 0.7%; ordinary profit was ¥1,276 million, up 5.7%; and net income attributable to owners of the parent was ¥880 million, up 7.3%.」

「The current consolidated fiscal year was fiscal 2017, the first year of our medium-term management plan. To achieve the plan’s targets for the fiscal year ending March 2020, namely consolidated net sales of ¥200,000 million and consolidated operating profit of ¥3,800 million, we identified “innovation in distribution channels” and “discovering new products” as medium-term challenges and promoted the creation of added value without becoming complacent about existing distribution channels or products, while maintaining a constant sense of urgency. As a result, partly due to the contribution of material prices, net sales increased by ¥28,440 million from the previous consolidated fiscal year to ¥208,387 million, and operating profit increased by ¥550 million to ¥4,148 million, with both exceeding the targets for the final year.」

「Under these circumstances, the consolidated results of our group benefited from solid domestic and overseas sales in the core commercial vehicle industry and a recovery in the construction and industrial machinery industries. Net sales were ¥153,437 million, up 16.4% year on year; operating profit was ¥3,097 million, up 24.1%; ordinary profit was ¥3,474 million, up 24.8%; and net income attributable to owners of the parent was ¥2,328 million, up 28.4%.」

「Under these circumstances, the consolidated results of our group benefited from solid domestic and overseas sales in the core commercial vehicle industry and a recovery in the construction and industrial machinery industries. Net sales were ¥100,035 million, up 15.8% year on year; operating profit was ¥2,069 million, up 33.1%; ordinary profit was ¥2,250 million, up 40.2%; and net income attributable to owners of the parent was ¥1,510 million, up 45.2%.」

「Under these circumstances, the consolidated results of our group benefited from solid domestic sales in the core commercial vehicle industry and a recovery in the construction and industrial machinery industries. Net sales were ¥48,617 million, up 14.2% year on year; operating profit was ¥1,073 million, up 38.2%; ordinary profit was ¥1,208 million, up 41.8%; and net income attributable to owners of the parent was ¥820 million, up 52.1%.」

「Net sales were ¥179,947 million, down 2.1% year on year, while operating profit was ¥3,597 million, up 8.7%, ordinary profit was ¥3,879 million, up 14.8%, and net income attributable to owners of the parent was ¥2,591 million, up 12.5%.」

「To achieve steady growth in profitability, we have adopted the basic policy of “meeting the needs of diverse users by providing better products more quickly and at stable prices,” and have set the following goals: “deepening our domestic business,” “actively expanding into overseas markets,” “strengthening human resources development,” and “prioritizing CSR.”」