(Results for the Fiscal Year Ended March 31, 2023)
May 24, 2023
Iwatani Corporation
(Forward-Looking Statements)
This material contains forward-looking statements based on expectations and are not guarantees or assurances of future performance. Accordingly, please be fully aware that results may differ materially from those expectations.
Net sales increased. Despite a slight decline in operating profit, ordinary profit and profit attributable to owners of parent reached record highs for the consecutive eight years.
Summary of Financial Results for FY2022
Net sales increased in all segments due to increased sales of main products as a result of normalization of socioeconomic activities from Covid-19, in addition to the response to various market rises and high LPG import prices.
Operating profit declined due to the significant negative impact of LPG import price fluctuation year-on-year.
Ordinary profit and profit attributable to owners of parent reached record highs for the consecutive eight years. Achieved the target of 40 billion yen in ordinary profit under the PLAN23 one year ahead of schedule.
Net sales
Operating profit
906.2 billion yen
YoY
+215.8 billion yen (+31.3%)
40.0 billion yen
YoY
-0.04 billion yen (-0.1%)
■ Operating profit quarterly trends（100 million yen）
Iwatani Corporation published this content on 24 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2023 03:05:07 UTC.
IWATANI CORPORATION is a gas company. The Total Energy Division provides household, commercial and industrial liquefied petroleum gas (LPG), LPG supplying equipment, liquefied natural gas(LNG), gas products, and household kitchen appliances. The Industrial Gas and Machinery Division provides gas, helium, gas supplying equipment, welding equipment, industrial machinery and robots, pumps and compressors, as well as semiconductor and electronic parts manufacturing equipment, pharmaceutical and food machinery and environmental equipment. The Materials Division provides steel, nonferrous metals, functional films, display materials, electronic material, ceramic raw materials and biomass fuel. The Natural Industry Division provides frozen foods, health food, livestock systems, agricultural materials and equipment. The Others segment involves in finance, insurance, transportation and information processing businesses.
IWATANI CORPORATION 
