Company Data

Company Data

Financial Highlights(Millions of yen)

FY2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Accounting standards applied

JGAAP

JGAAP

JGAAP

JGAAP

IFRS

IFRS

IFRS

IFRS

IFRS

IFRS

IFRS

Net sales

320,082

337,158

305,752

352,710370,327355,320355,316

393,743

412,214

381,584

328,037————

15,506

17,58818,62422,94922,01017,575

13,325

Operating profit (loss)

24,152

21,538

10,473

18,17014,461

4,327

19,247

20,885(28,496)(40,298)

18,297

Profit (loss) before tax [Income (loss) beforeincome taxes and minority interests]

24,44021,76012,994

21,032

14,892

2,825

18,852

20,881(29,510)(41,419)

16,340

Profit (loss) attributable to owners of theparent [Net income (loss)]

17,014

13,898

7,789

12,761

8,036(3,161)

14,544

15,202(24,757)(61,879)

17,658

Capital expenditures

8,916

27,17339,21529,90830,087

21,30020,578

20,95625,34523,347

13,322

Depreciation and amortization

13,427

13,50814,554

17,294

15,191

17,075

15,922

16,98817,581

20,615

18,634R&D expenses

3,218

4,035

5,468

6,917

8,910*

7,760

7,621

8,102

6,750

6,312

5,368

Cash flows from operating activities

35,433

17,39918,98428,78822,335

19,95831,15329,252

17,047(4,999)20,826

Cash flows from investing activities(7,233)(20,000)(36,125)(36,078)(30,658)(20,320)(21,337)(16,386)(13,616)(21,505)(6,281)

Cash flows from financing activities(16,968)(3,455)

8,529

5,709

(555)

(3,395)(969)(4,482)

10,41822,576

1,146

Cash and cash equivalents at end of period48,123

42,01035,215

38,13230,51025,29633,98842,70256,09250,42368,700Total assets

285,134

301,349

327,912361,083

387,877

359,002381,326

412,493441,074

410,454426,635

Interest-bearing debt 2

81,64180,51895,33888,81392,44891,68593,563

94,641

108,634

154,608

160,278

Total equity [Total net assets]

89,964

102,762

116,435

153,997

175,256

153,381

169,771

186,651

155,643

79,815

116,726

Basic earnings per share [Net income (loss)
per share]3 (Yen)

77.54

62.87

35.24

55.25

31.45

(12.37)56.93

595.09(969.18)(2,422.53)

668.95

Cash dividends per share applicable tothe year3 (Yen)

8.00

9.00

8.00

9.00

12.00

11.00

12.00

150.00

0.00

0.00

75.00

Return on equity attributable to owners of
the parent [Return on equity] (ROE; %)

21.1

14.8

7.3

9.7

5.1

(2.0)

9.3

8.8(15.0)(55.4)

18.5

Ratio of equity attributable to owners of theparent [Equity ratio] (%)

30.6

33.2

34.5

41.2

43.6

41.3

43.1

43.7

33.9

18.1

25.9

P/E ratio (Times)

8.6

8.013.1

7.9

14.0

—

10.2

8.5

——

4.5

11,44011,97512,306

13,033

13,732

13,796

14,35014,754

15,427

15,43914,718Segment profit1

Number of employees

KYB Corporation and Consolidated Subsidiaries
Notes: 1. Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from net sales.
2.	Interest-bearing debt = Short-term borrowings + Current portion of long-term borrowings + Current lease obligations + Long-term debt + Non-current lease obligations + Guarantee
deposits received3.	The Company carried out a 1-for-10 reverse stock split effective October 1, 2017.
Items in brackets are Japanese Generally Accepted Accounting Principles (JGAAP) line item names applied prior to the year ended March 31, 2015 (FY2014).
* JGAAP53

KYB Group Report 2021

KYB Group Report 2021

54

Company Data

Global Network (As of October 1, 2021)★ Regional Headquarters● Production Base

◆ R&D Base

■ Sales Base/Other Services

AMERICAS★ ● KYB Americas Corporation (Indiana)■ KYB Americas Corporation (Greenwood)		 ■ KYB Americas Corporation (Chicago)● Takako America Co., Inc.
● KYB Mexico S.A. de C.V.
● KYB Manufacturing do Brasil Fabricante deAutopeças S.A.
■ KYB International America, Inc.
■ KYB Latinoamerica, S.A. de C.V.
■ Comercial de Autopeças KYB do Brasil Ltda.

EUROPE★ ◆ KYB Europe GmbH★ KYB Europe GmbH (Navarra Branch)■ KYB Europe GmbH (Düsseldorf Branch)■ KYB France■ KYB Iberia■ KYB Italy■ KYB Poland■ KYB Romania■ KYB Turkey■ KYB UK■ KYB Ukraine● KYB Suspensions Europe, S.A.U.
● KYB Advanced Manufacturing Spain, S.A.U.
● KYB Manufacturing Czech, s.r.o.
● KYB CHITA Manufacturing Europe s.r.o.
■ LLC KYB Eurasia■ KYB Eurasia Vladivostok■ KYB Middle East FZEASIA★ KYB (China) Investment Co., Ltd.
● KYB Industrial Machinery (Zhenjiang) Ltd.
● ■ Wuxi KYB Top Absorber Co., Ltd.
● Changzhou KYB Leadrun Vibration Reduction
Technology Co., Ltd.
● Hubei Henglong & KYB Automobile Electric Steering
System Co., Ltd.
● CHITA KYB Manufacturing (Zhenjiang) Co., Ltd.
● KYB Manufacturing Taiwan Co., Ltd.
● KYB Steering (Thailand) Co., Ltd.
● KYB (Thailand) Co., Ltd.
● KYB Manufacturing Vietnam Co., Ltd.
● Takako Vietnam Co., Ltd.

55

KYB Group Report 2021JAPAN● PT. KYB Hydraulics Manufacturing Indonesia● PT. Kayaba Indonesia● PT. Chita Indonesia● KYB-UMW Malaysia Sdn. Bhd.
● KYB Motorcycle Suspension India Pvt. Ltd.
● KYB-Conmat Pvt. Ltd.
■ KYB Asian Pacific Corp. Ltd.
■ KYB Asian Pacific Corp. Ltd.		 (Amata Nakorn Branch)■ KYB Corporation Chennai Branch

KYB Corporation★ KYB Head Office● Kumagaya Plant● Sagami Plant● Gifu North Plant● Gifu South Plant● Gifu East Plant● Mie Plant◆ Basic Technology R&D Center◆ Production Technology R&D Center◆ Machine Tools Center◆ Developmental Center■ Kita-Kanto■ Minami-Kanto■ Nagoya■ Osaka■ Hiroshima■ Fukuoka● KYB Trondule Co., Ltd.
● KYB-YS Co., Ltd.
● KYB Kanayama Co., Ltd.
● KYB Motorcycle Suspension Co., Ltd.
● KYB Stage Engineering Co., Ltd.
● KYB-CS Co., Ltd.
● Takako Industries, Inc.
■ Kensiyuu Co., Ltd.
■ KYB Engineering and Service Co., Ltd.
■ Japan Analysts Co., Ltd.
■ KYB Logistics Co., Ltd.
■ Chikuyo Seiki Kogyo Co., Ltd.

KYB Group Report 202156

Company Data

Shareholder Information (As of March 31, 2021)

Corporate Information (As of March 31, 2021)

Shareholder Information

Corporate Information

Common Stock
IssuedNumber ofShareholders
Transfer Agent andRegistrar

Major Shareholders

25,748,431

Company Name

14,002Composition of Shareholders
Treasury shares

206

thousand(1%)

Financial
institutions

Other domestic
companies

5,403

thousand

(21%)

9,018
25,748thousand(35%)

thousand shares

Foreigncompanies

4,213

Individuals andothers(16%)

thousandToyota Motor Corporation

1,965

7.7

The Master Trust Bank of Japan, Ltd.
(Trust Account)

1,606

6.3

Meiji Yasuda Life Insurance Company

1,005

3.9

Custody Bank of Japan, Ltd. (Trust Account)

970

3.8

Hitachi Construction Machinery Co., Ltd.

892

3.5

KYB suppliers’ stock ownership

875

3.4

Custody Bank of Japan, Ltd. as trustee forMizuho Bank, Ltd. Retirement Benefit TrustAccount re-entrusted by Mizuho Trust andBanking Co., Ltd.

612

2.4

Ogaki Kyoritsu Bank, Ltd.

591

2.3

Corporate Website

Mizuho Bank, Ltd.

491

1.9

Please visit the following pages for more information.

KYB Employee Shareholding Association

388

1.5Head OfficeWorld Trade Center Bldg.,
South Tower 28F,
4-1, Hamamatsu-cho 2-chome,Minato-ku, Tokyo 105- 5128, Japan
TEL: +81-3-3435-3511
FAX: +81-3-3436-6759

Top Page

Notes: 1.	The shareholding ratio is calculated after the deduction of own shares(205,872 shares).
2.	The number of shares held has been rounded down to the nearest thousand shares.

6,845

thousand

Percent of Total
Shareholdings
Shares Issued(Thousands)
(%)

Name

Mizuho Trust & Banking Co., Ltd.
2-1, Yaesu 1-chome, Chuo-ku, Tokyo
103-8670, JapanKYB Corporation

Date ofEstablishmentMarch 10, 1935

Fiscal Year

April 1 to March 31

Paid-in Capital¥27,647.6 million

Number ofEmployees

14,718 (Consolidated basis)

Securities Traded

Tokyo Stock Exchange (First Section)

Investor Relations
https://www.kyb.co.jp/english/ir/index.html(27%)

Monthly Stock Price Range (Tokyo Stock Exchange)
Stock price (¥)

Stock price (Left scale)■ Trading volume (Right scale)

Trading volume (Shares)

800,000,000

8,000

Products
6,000

600,000,000

4,000

400,000,000

https://www.kyb.co.jp/english/index.html

KYB Technical Review
200,000,000

2,000

Engineers report on research anddevelopment activities in various fields.
We have published this report for thelast 31 years.

https://www.kyb.co.jp/english/products/index.html

KYB Sponsorship
Through sponsorship and support for racing teams, we are refining ourtechnical capabilities and working to improve quality.

00
FY2016FY2017FY2018FY2019FY2020High (¥)

6,460

7,380

5,660

3,695

3,350

Low (¥)

2,980

4,705

2,312

1,712

1,692

At year-end (¥)

5,800

5,050

2,718

2,069

3,020https://www.kyb.co.jp/technical_report/index.html(Japanese only)

https://www.kyb.co.jp/english/special/index.html
https://www.kyb.co.jp/company/sponsorship/index.html(Japanese only)

Note: The Company carried out 1-for-10 reverse stock split on the effective date of October 1, 2017. Numbers for the prior fiscal years are as recorded after the reverse stock split.

57

KYB Group Report 2021

KYB Group Report 2021

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