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Year Ended May 26, 2023 (76th Term)
Financial Results Briefing
May 9, 2023
S.T. Corporation
Takako Suzuki, President & CEO
Report on the Financial Results
Summary for the 76th Term
Copyright © S.T. Corporation. All rights reserved. | 2 |
Summary of the Business Performance in FY3/23
■Net sales grew from the previous year, although the sales of the core business fell below the forecast.
■Operating profit dropped.
The increase in product prices could not cover the rise in ratio of cost of sales due to the skyrocketing of costs and the loss on valuation of inventory.
■Profit increased.
In the previous year, there was an impact of extraordinary losses.
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Copyright © S.T. Corporation. All rights reserved.
N e t s a l e s a n d p r o f i t i n c r e a s e d
Consolidated | Sales | Vs. | YOY | |
ratio | Forecast | |||
Net sales | ¥45.6 bn | - | 95.9% | 100.2% |
Operating profit | ¥2.4 bn | 5.3% | 94.7% | 74.3% |
Ordinary profit | ¥2.7 bn | 6.0% | 95.8% | 78.4% |
Profit attributable | ¥1.8 bn | 4.0% | 96.2% | 164.9% |
to owners of parent | ||||
Comprehensive | ||||
income attributable | ¥2.0 bn | |||
to owners of parent | ||||
Dividend: ¥40 (¥38 in the previous fiscal year) |
Copyright © S.T. Corporation. All rights reserved. | 4 |
FY3/23 | |||||
Actual | Sales ratio | YOY | |||
Net sales | ¥45.6 bn | - | 100.2% | ||
Cost of sales | ¥28.6 bn | 62.8% | 103.5% | ||
Gross profit | ¥17.0 bn | 37.2% | 95.2% | ||
Selling, general | ¥14.5 bn | 31.9% | 99.9% | ||
and administrative | |||||
expenses | |||||
Operating profit | ¥2.4 bn | 5.3% | 74.3% | ||
Copyright © S.T. Corporation. All rights reserved. | 5 |
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S.T.Corporation published this content on 26 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2023 06:33:25 UTC.