Progress of the Medium-Term Management Plan (TVE*)
Shareholder Return
Activity report
※Transformative Value Evolution
2/30
Financial Results (Consolidated)
vs. previous year
（Unit: billion yen) (Amount are rounded down)
Change
Change (%)
22/03
23/03
Net Sales
206.4
243.4
36.9
17.9
Operating
-4.2
1.3
5.5
－
income
Ordinary profit
-3.5
1.9
5.5
－
Operating Income
-2.0
5.8
7.8
－
Profit
＞
Although sales volume decreased significantly due to changes in the Chinese market and other reasons, sales increased year on year due to the gradual elimination of the global semiconductor supply shortage and the impact of foreign currency translation due to the depreciation of the yen.
Despite the impact of reduced production by customers and the soaring prices of raw materials, operating income and ordinary profit increased due mainly to the effects of rationalization in Japan and Latin America.
Net income increased due to the sale of real property for rent in addition to the reasons above.
TACHI-S Co. Ltd. published this content on 26 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2023 02:44:07 UTC.
TACHI-S CO., LTD. is a Japan-based company mainly engaged in the manufacturing and sales of automotive seats and related parts. The Company operates through six business segments. It is engaged in the manufacturing and sales of seats for vehicles, including passenger cars, trucks and buses. It is also engages in the manufacturing and sales of other parts, such as steering components and vehicle body mechanism components. It is also engaged in the rental of commerce facilities.
TACHI-S CO., LTD. 
