SANDEN CORPORATION
May 12, 2023
SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS
AS OF MARCH 31, 2023
Fiscal year ending December 31, 2023
SANDEN CORPORATION
20 Kotobuki-cho,Isesaki-shi, Gunma, Japan 372-8502 | Code No: | 6444 |
(URL: https://www.sanden.co.jp/english/index.html) | Shares listed: | Tokyo Stock Exchange |
Representative Director & President: Dan Zhu For further information, please contact
Junya Takahashi
Division General Manager of
Corporate Financial Management Division Contact Number: +81-3-5828-5582
Scheduled filing date for quarterly report: May 15, 2023
Planned date of dividend payment: -
Supplementary briefing materials created for the quarterly report: Yes
Briefing sessions held on quarterly results: None
(Fractions less than 1 million omitted)
1. Consolidated Financial Results for the first quarter of current fiscal year (January 1, 2023- March 31, 2023)
(1) Results of operations | (%: percentage change from previous fiscal year) | ||||||||||||||
Net sales | Operating | Income before | Net income | ||||||||||||
income | extraordinary items | ||||||||||||||
(Millions of , %) | (Millions of , %) | ||||||||||||||
(Millions of , %) | (Millions of , %) | ||||||||||||||
1Q of Fiscal year ending December 31, 2023 | 42,744 | 4.9 | (1,617) | - | 19 | (96.5) | 492 | 36.1 | |||||||
1Q of Fiscal year ended December 31, 2022 | 40,746 | - | (976) | - | 562 | - | 361 | - | |||||||
Notes: Equity in Comprehensive Income: | 1Q of Fiscal year ending December 31, 2023 | 600million (62.3)% | |||||||||||||
Notes: Equity in Comprehensive Income: | 1Q of Fiscal year ended December 31, 2022 | 1,592million -% | |||||||||||||
Net income per | Net income per | ||||||||||||||
share basic () | share diluted () | ||||||||||||||
1Q of Fiscal year ending December 31, 2023 | 4.42 | - | |||||||||||||
1Q of Fiscal year ended December 31, 2022 | 3.25 | - | |||||||||||||
(2) Financial positions | (Fractions less than 1 million omitted) | ||||||||||||||
Total assets | Net assets | Equity Ratio of | Net assets per share | ||||||||||||
equity over total assets | |||||||||||||||
(Millions of ) | (Millions of ) | () | |||||||||||||
(%) | |||||||||||||||
1Q of Fiscal year ending December 31, 2023 | 161,955 | 23,967 | 14.3 | 207.13 | |||||||||||
Fiscal year ended December 31, 2022 | 157,428 | 23,366 | 14.3 | 201.75 | |||||||||||
Notes: Equity capital 1Q of Fiscal year ending December 31, 2023 | 23,084million | ||||||||||||||
Fiscal year ended December 31, 2022 | 22,485million | ||||||||||||||
2. Dividends | |||||||||||||||
Dividend per share () | |||||||||||||||
1Q | 2Q | 3Q | 4Q | Total | |||||||||||
Fiscal year ended December 31, 2022 | - | 0.00 | - | 0.00 | 0.00 | ||||||||||
Fiscal year ending December 31, 2023 | - | ||||||||||||||
Fiscal year ending December 31, 2023 (Forecast) | 0.00 | - | 0.00 | 0.00 |
Note: Revisions made since the most recently published dividends forecast: None
3. Forecast of business results for the next fiscal year (January 1, 2023-December 31, 2023)
(%: percentage change from the same period of the previous fiscal year)
Operating | Income before | Net income | |||||||
Net sales | Net income | per share | |||||||
income | extraordinary items | ||||||||
(Millions of , %) | (Millions of , %) | basic | |||||||
(Millions of , %) | (Millions of , %) | ||||||||
() | |||||||||
Fiscal year ending December 31, 2023 | 183,000 | 4.2 | (5,700) | - | (3,700) | - | (1,600) | - | (14.36) |
Note:1. Revisions made since the most recently published earnings forecast: None
*Notes | |||||||
(1) | Changes in significant subsidiaries during the first quarter of the current fiscal year (Changes in specific subsidiaries | ||||||
accompanied by changes in the scope of consolidation):None | |||||||
(2) Specific accounting treatment used in the creation of the quarterly consolidated financial statements: Yes. | |||||||
For details, please refer to "2. Quarterly Consolidated Financial Statements and Major Notes (3) Notes to Quarterly | |||||||
Consolidated Financial Statements (Specific accounting treatment used in the creation of the quarterly consolidated financial | |||||||
statements)" on page 7 of the attached document. | |||||||
(3) Changes in accounting principles and estimates, and retrospective restatement | |||||||
(a) | Changes due to revision of accounting standards: Yes | ||||||
(b) | Changes other than in (a): None | ||||||
(c) | Changes in accounting estimates: None | ||||||
(d) | Retrospective restatement: None | ||||||
(4) Number of outstanding shares (common stock, shares) | |||||||
(a) Outstanding shares (including treasury shares) | As of March 31, 2023: | 111,693,313 | As of December 31, 2022: | 111,693,313 | |||
(b) Treasury shares | As of March 31, 2023: | 242,862 | As of December 31, 2022: | 242,686 | |||
(c) Average number of shares outstanding | |||||||
As of March 31, 2023: | 111,450,583 | As of March 31, 2022: | 111,434,634 | ||||
during the first quarter (cumulative) | |||||||
*Summary of quarterly financial results is exempt from quarterly review of audit procedures of Certified Public Accountant or Audit Firm.
*Cautionary statement regarding forecasts of operating results and special notes (Note regarding the forward-looking statements)
The forward-looking statements contained in this report are based on information currently available to the Company and certain assumptions which are regarded as legitimate. These statements are not promised by the Company regarding future performance. Actual results may differ significantly from these forecasts due to various factors. For information about the forecasts, please see "1.Qualitative Information on Quarterly Financial Results-(3) An explanation of future, predictive data, such as consolidated earnings forecasts" on page 2 of Supplementary Information.
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Sanden Holdings Corp. published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2023 07:12:02 UTC.