Feb 03, 2023 / 08:30AM GMT
Katsuhiko Yoshida - MINEBEA MITSUMI Inc. - Senior Managing Exec Officer, Head of Sustainability Management Division & Director
My name is Yoshida. I would like to explain the consolidated financial results for the Q3 of fiscal year ending in March 2023.
Consolidated net sales for the third quarter was up 22% year-on-year and up 12.5% quarter-on-quarter to total JPY 371.424 billion. Operating income was up 2.3% year-on-year and up 0.1% quarter-on-quarter to total JPY 26.432 billion. Profit for the period attributable to the owners of the parent was down 28.5% year-on-year and down 34.5% quarter-on-quarter to total JPY 13.148 billion.
We estimate the foreign currency translations, and we recorded the record high sales in terms of the quarterly results. We estimated -- we estimate that foreign currency translation have a quarter-on-quarter impact of plus JPY 15.3 billion in net sales and plus JPY 3.5 billion in operating income, year-on-year impact of plus JPY 57.2 billion in net sales and plus JPY 7.7 billion in operating income.
Next slide, please. This chart shows quarterly
Q3 2023 Minebea Mitsumi Inc Earnings Call Transcript
Feb 14, 2024
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