G Tekt : Financial Review the Result of the First Half & Q2 of FY2022
November 03, 2022
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Financial Review
The Result of the First Half & Q2 of FY2022
November 4, 2022
Disclaimer
This presentation contains forward looking statements which reflect Management's current views and estimates. The forward looking statements involve certain risks and uncertainties, which may cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments.
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November 4, 2022
G-TEKT Financial Review The Result of the First Half & Q2 of FY2022
Reminders
All amounts are in JPY (unless otherwise noted).
"Mass Production'' in the context of factors affecting operating profit, means assembly and transmission parts.
''Non-MassProduction'' in the context of factors affecting operating profit, means equipment, die and new model prototype.
North America Segment excludes G-ONE AUTO PARTS DE MEXICO, S.A. DE C.V. (G-ONE).
Financial statements are available in '' Summary of Consolidated Financial Results for the Six Months Ended September 30, 2022 (Based on Japanese GAAP)'' disclosed at G-TEKT official website on November 7th, 2022. https://ssl4.eir-parts.net/doc/5970/ir_material_for_fiscal_ym11/125601/00.pdf
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November 4, 2022
G-TEKT Financial Review The Result of the First Half & Q2 of FY2022
Half-year 2022 Performance Highlights
NET SALES
¥ 154.8B
(YOY variance)
47.2%
OPERATING PROFIT
¥ 7.2B
(YOY variance)
102.3%
EPS
¥161.46
(YOY variance)
116.5%
Sales increased due to the revision of material unit prices and the effect of foreign exchange rates, despite the impact of production reductions at customers.
The impact of production fluctuations from customers was partially covered by the production effort. The profit increased due to contribution from new orders and improvement in non-mass production margins.
Due to the positive earning in Q1, upward revision was made in previous FY2022 financial outlook.
(in JPY billion)
Renewed
Net sales
Operating profit
Earning Per Share
outlook
Full year
324.0 37.0%
14.1 29.0%
267.46
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November 4, 2022
G-TEKT Financial Review The Result of the First Half & Q2 of FY2022
Half-year 2022 Financial Results
JPY BILLIONS - EXCEPT PER SHARE FIGURES
HY-2021
HY-2022
YOY variance
Currency effects
Apr.-Sep.
Apr.-Sep
Net sales
105.1
154.8
47.2%
22.7
Operating profit
3.6
7.2
102.3%
0.9
Operating profit margin
3.4%
4.7%
+1.3%
-
Net income attributable to
3.2
6.9
116.7%
0.6
owners of parent
EPS
74.59
161.46
116.5%
-
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November 4, 2022
G-TEKT Financial Review The Result of the First Half & Q2 of FY2022
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G-Tekt Corporation published this content on 04 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2022 10:53:14 UTC.
G-TEKT CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates in six regional segments, including Japan, North America, Europe, Asia, China and South America. The Company is engaged in the provision of automobile body parts such as dashboards, side structures, parcels, back panels and frames, transportation equipment parts such as automobile body pressed parts and thick precision pressed parts, automotive transmission parts, as well as production equipment such as molds, jigs and tools, and welding equipment.
G-TEKT CORPORATION 
