2022 Sales outperformance vs Market* Japan YoY +0.8％
2022 Sales outperformance vs Market
ten thousand units
7,778 7,841
2022 vs 2021
Total Sales
Market
Production
volume increase
Sales out
performance vs
Market production
volume
ASEAN YoY +23.3％
Ichikoh Group
9.7%
4.3%
5.4 pt
Sales Excl.
Market
Sales out
performance vs
2022 vs 2021
tooling and R&D
Production
Market production
Variance
volume increase
volume
3,289
4,055
Japan
4.1%
0.8%
3.3 pt
ASEAN*
39.9%
23.3%
16.6 pt
China
7.1%
3.6%
3.5 pt
China YoY +3.6％
26,082 27,020
*Production volume from Marklines
*ASEAN: Indonesia, Malaysia, Thailand
Sales outperforming the market by
+5.4pts in 2022 and in every region, with strong acceleration of our Asean Growth Engine (+16.6pts vs Market)
ICHIKOH RESERVED
MARCH 2023 | 4
FY2022 FINANCIAL RESULT (YEAR-ON-YEAR) - Growth in a changing world
Significant Growth achieved with +9.7% higher Sales vs 2021
Operating Income impacted by the changes of global economy: adverse effect of inflation on Energy and Raw materials as well as weakening of the JPY deteriorating competitiveness of imported components
Hundreds million yen
FY2022
FY2022
Hundreds million yen
FY 2021
(New accounting
(Old accounting
Increase/Decrease
Increase
standards）
standards）
（Old standards vs.
(Jan.～Dec. 2021）
(Jan.～Dec. 2022）
(Jan.～Dec. 2022）
previous year)
/Decrease %
Sales
1,255
1,355
1,377
①
122
9.7%
Operating Income
56
39
46
②
▲10
▲18.2%
Operating Income (%)
4.4%
2.9%
3.3%
②/①
▲8.3%
▲1.1 pt.
Ordinary Income
65
54
60
▲5
▲7.7%
Net Income belonging to Parent
40
44
51
11
27.5%
company's shareholder
Sales
1,255 1,355 1,377
Operating Income
4.4％ 3.3％
56 2.9％
39 46
ICHIKOH RESERVED
MARCH 2023 | 5
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Ichikoh Industries Ltd. published this content on 15 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2023 06:09:06 UTC.
ICHIKOH INDUSTRIES, LTD. is a Japan-based company mainly engaged in the manufacture and sale of automobile components. The Company operates in two business segments. The Automotive Parts business segment is mainly engaged in manufacture and sales of automotive lighting products and mirror products to automobile manufacturers. The Supplies business segment is engaged in manufacture and sales of automotive valves and wipers mainly for the aftermarket.
ICHIKOH INDUSTRIES, LTD. 
