FLASH REPORT
May. 10, 2024
Company name
: KYB Corporation
URL https://www.kyb.co.jp/english/
Stock listing: Tokyo Stock Exchange (Prime Market)
Code number: 7242
Address of head office: 4-1, Hamamatsu-cho 2-chome, Minato-ku, Tokyo 105-5128, Japan
Telephone: +81 3- 3435- 3580
For further information, please contact : Norimichi Fukuda, General Manager,
Public Relations & Investor Relations Sect., Executive Office Dept.
The following statements are an English-translation of the original Japanese-language document for your convenience.
In the case that there is any discrepancy between Japanese and English versions, Japanese version is assumed to be correct.

(All amounts are rounded to the nearest million yen, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2024
( from April 1, 2023 to March 31, 2024 )(1) Consolidated financial results(Percentages indicate the year-on-year changes)

Net salesYear ended

Millions of yen%

Segment profit

Operating profit

Profit before taxes

Millions of yen

Millions of yen

Millions of yen

%

%

%

March 31, 2024

442,781

2.7

20,959(17.8)

22,417(31.1)

21,361(32.8)March 31, 2023

431,205

11.0

25,5003.2

32,547

8.5

31,77010.2

Year ended

Profit for the year

Profit attributable toowners of the parent

Millions of yen

Millions of yen%%

Comprehensive income
for the year
Millions of yen%

Basic earnings
per share
Yen

March 31, 2024

17,298(39.6)

15,818(41.9)

45,60728.6

589.59March 31, 2023

28,66019.9

27,21020.7

35,460(0.4)

1,028.40

Diluted earnings
per share

Ratio of profit
attributable to ownersof the parent

Ratio of profit
before income taxes
to total assets

Ratio of operating
profit to sales

Yen

%

%

%

March 31, 2024

589.50

7.9

4.6

5.1

March 31, 2023

1,028.06

16.2

7.2

7.5

Year ended

Reference: Share of profit in investments accounted for using the equity method:

Fiscal year ended March 31, 2024:¥1,538million

Fiscal year ended March 31, 2023: ¥1,145million*Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales.

(2) Consolidated financial position
Total assets

Total equity

Equityattributable toownersof the parent

Millions of yen

Millions of yen

Millions of yen%

Yen

March 31, 2024

476,530

226,408

217,19145.6

8,165.60

March 31, 2023

446,836

191,036

182,83040.9

6,658.30

As of1

Ratio of equity
attributable toowners of the parent
to total assets

Equity attributable toowners of the parent pershare

(3) Consolidated cash flows

Year ended

Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash andcash equivalents
at the end of year

Millions of yen

Millions of yen

Millions of yen

Millions of yen

March 31, 2024

39,861(23,503)(15,033)

46,637

March 31, 2023

23,914(13,517)(20,180)

43,585

2. Cash dividends

Year ended

End offirst quarter
Yen

March 31, 2024
March 31, 2025 (forecast)March 31, 2024

70.00
100.00100.00－－－March 31, 2023

March 31, 2023

Annual cash dividends per share
End of
End ofYear-end
second quarter third quarter
Yen
Yen
Yen

Total cash
dividends(Annual)Payout ratio(Consolidated)

Millions of yen%

March 31, 2025 (forecast)Yen

130.00100.00100.00－－－200.00200.00200.00

Ratio of dividends
to equity attributable toowners of the parent(consolidated)

%

19.4
33.9
39.9

5,110
5,013

Total

3.3
2.7

*The above table shows dividends on common shares. Please refer to "(Reference) Dividends for Class Shares" forinformation regarding dividends on class shares, which are unlisted and have different rights from common shares.

3. Forecasts for the fiscal year ending March 31, 2025 ( April 1, 2024 to March 31, 2025 )(Percentages indicate the year-on-year changes)

Net sales
Millions of yen
Full year

Full year

Segment profit
Millions of yen%

448,000

Operating profit

21,500

1.2

2.6

Profit for the period

Profitattributable toowners of the parent

Millions of yen

Millions of yen

14,500%(16.2)

13,500Millions of yen%

22,500

Profit before taxes
Millions of yen%
0.4

Basic earnings
per share%Yen(14.7)

501.67*Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales.

(Reference) Dividends for Class Shares

Dividends per share related to Class Shares with different rights from those of common shares are as follows.
Class A SharesYear ended

Annual cash dividends per share
End of second
End of third
Year-endquarterquarter

End of firstquarter
Yen

Yen

Yen

Yen

Total
Yen

March 31, 2023－

3,760,274.00－

3,739,726.00

7,500,000.00

March 31, 2024－

3,750,000.00－

3,750,000.00

7,500,000.00

March 31, 2025 (Forecast)－

3,760,274.00－

3,739,726.00

7,500,000.00* Number of Class A Shares issued are 125 shares. The Class A Shares were issued on 28 June 2021.
Dividend whose reference date is attributed during FY2024 is planned to be 937 million yen.

2

20,500%(4.0)

Consolidated Statements of Financial Position
KYB Corporation and its Consolidated Subsidiaries(Unit: Millions of yen)
As of March 31, 2023

As of March 31, 2024

AssetsCurrent assets:
Cash and cash equivalents

43,585

46,637

Trade and other receivables

120,247

123,700

Inventories

70,53570,020

Other current financial assets

4,166

2,230

Other current assets

13,41913,357

Total current assets

251,952

255,944

158,360

156,950268

248

Intangible assets

3,218

3,087

Investments accounted for using the equity method

6,960

10,209Other non-current financial assets

16,20520,963

Other non-current assets

7,117

26,081

Deferred tax assets

2,755

3,048

194,884

220,586

446,836

476,530

Non-current assets:
Property, plant and equipment
Goodwill

Total non-current assets
Total assets3

(Unit: Millions of yen)
As of March 31, 2023

As of March 31, 2024

Liabilities and equity
Current liabilities:
Trade and other payables

84,11485,477

Borrowings

69,05358,631

Income tax payables

2,545

4,516

Other current financial liabilities

30,36031,717

Provisions

8,357

7,048

Other current liabilities

2,774

2,338

Total current liabilities

197,204

189,726

Bonds and borrowings

15,49030,848

Liabilities for retirement benefits

4,653

2,753

Other non-current financial liabilities

24,859

7,741

Provisions

5,490

5,441

522

497

Deferred tax liabilities

7,582

13,116

Total non-current liabilities

58,59660,395

255,800

250,122

Share capital

27,64827,648

Capital surplus

38,371

36,128Retained earnings

98,492

123,076

Treasury shares

(583)

(842)

Other components of equity

18,90331,181

Total equity attributable to owners of the parent

182,830

217,191

8,206

9,217

Total equity

191,036

226,408

Total liabilities and equity

446,836

476,530

Non-current liabilities:

Other non-current liabilities

Total liabilities
EquityEquity attributable to owners of the parent:

Non-controlling interests4Consolidated Statements of Income
KYB Corporation and its Consolidated Subsidiaries(Unit: Millions of yen)
For the fiscal year
ended March 31, 2023
（Apr. 1, 2022 through Mar. 31, 2023)

For the fiscal year
ended March 31, 2024
（Apr. 1, 2023 through Mar. 31, 2024)

Net sales

431,205

442,781

Cost of sales

345,957

361,496

Gross profit

85,24881,285

Selling, general and administrative expenses

59,74860,327

Equity in profit of affiliates

1,145

1,538

Other income

3,435

5,777

Other expenses(2,468)5,856

Operating profit

32,54722,417

Finance income

924

1,187

Finance costs

1,701

2,242

Profit before taxes

31,77021,361

Income tax expenses

3,110

4,063

Profit for the year

28,66017,298

Owners of the parent

27,21015,818Non-controlling interests

1,450

1,479

Profit for the year

28,66017,298

Basic earnings per share (in yen)

1,028.40

589.59Diluted earnings per share (in yen)

1,028.06

589.50

Profit attributable to:Earnings per share5Consolidated Statements of Comprehensive Income
KYB Corporation and its Consolidated Subsidiaries(Unit: Millions of yen)
For the fiscal year
ended March 31, 2023
（Apr. 1, 2022 through Mar. 31, 2023)

For the fiscal year
ended March 31, 2024
（Apr. 1, 2023 through Mar. 31, 2024)

28,66017,298901

4,984

Profit for the year

Other comprehensive income:Items that will not be reclassified to profit or loss:
Net changes in financial assets measured at fair value throughother comprehensive income
Remeasurements of defined benefit plans(369)

14,491

Share of other comprehensive income of investments
accounted for using the equity method

13

(23)

Total

545

19,453

5,878

8,370

377

487

Items that may be reclassified to profit or loss:
Exchange differences on translation of foreign operations
Share of other comprehensive income of investments
accounted for using the equity method

6,255

8,857

Total other comprehensive income

Total

6,800

28,310Comprehensive income for the year

35,46045,607

Owners of the parent

33,636

43,628Non-controlling interests

1,823

1,979

Comprehensive income for the year

35,46045,607

Comprehensive income for the year attributable to:6Consolidated Statements of Changes in Equity
KYB Corporation and its Consolidated Subsidiaries(Unit: Millions of yen)
Share capital
Balance at April 1, 2022

Capital surplus

27,648Retained earnings

Treasury shares

38,351

76,007(605)

Comprehensive income for the year:
Profit for the year--

27,210-

Other comprehensive income

-

-

-

-

Total comprehensive income for the year--

27,210-Acquisition of treasury shares

-

-

-

(2)

Disposal of treasury shares

-

(24)

-

24

Cancellation of treasury shares

-

-

-

-

Share-based payment transactions

-

43

-

-

Dividends of surplus--(4,259)-Transfer to retained earnings

-

-

(467)

-

Total contributions by and distributions to owners
in their capacity as owners-

19(4,725)

22

Dividends of surplus

-

-

-

-

Total changes in equity interest of subsidiaries

-

-

-

-

Total transactions with owners-

19(4,725)22

Balance at March 31, 2023

27,64838,371

98,492(583)

Balance at April 1, 2023

27,64838,371

98,492(583)

Transactions with owners:
Contributions by and distributions to owners
in their capacity as owners:

Changes in equity interest of subsidiaries:

Comprehensive income for the year:
Profit for the year--

15,818-Other comprehensive income

-

-

-

-

Total comprehensive income for the year--

15,818-Acquisition of treasury shares

-

-

-

(2,519)

Disposal of treasury shares

-

(20)

-

20

Cancellation of treasury shares-(2,240)-2,240

Share-based payment transactions

-

18

-

-

Dividends of surplus--(6,766)-

Transfer to retained earnings--

15,532-

Total contributions by and distributions to owners
in their capacity as owners-(2,242)

8,765

(259)

Dividends of surplus

-

-

-

-

Total changes in equity interest of subsidiaries

-

-

-

-

Total transactions with owners-(2,242)

8,765

(259)

27,64836,128123,076(842)

Transactions with owners:
Contributions by and distributions to owners
in their capacity as owners:

Balance at March 31, 2024

7

(Unit: Millions of yen)
Other components of equity

Net changes infinancial assets
Remeasurements
measured at fairof definedvalue throughbenefit plansother comprehensive income

Balance at April 1, 2022

3,108

Exchangedifferenceson translationof foreign
operations-

Comprehensive
income for theyear attributableto ownersof the parent

Total
other
componentsof equity

8,902

Noncontrollinginterests

Total
equity12,010

153,411

7,503

160,914Comprehensive income for the year:
Profit for the year

-

-

-

-

27,2101,450

28,660

Other comprehensive income

901

(377)

5,902

6,426

6,426

374

6,800

Total comprehensive income for the year

901

(377)

5,902

6,426

33,636

1,823

35,460Acquisition of treasury shares

-

-

-

-

(2)

-

(2)

Disposal of treasury shares

-

-

-

-

-

-

-

Cancellation of treasury shares

-

-

-

-

-

-

-

Share-based payment transactions

-

-

-

-

43

-

43
(4,259)Transactions with owners:
Contributions by and distributions to owners
in their capacity as owners:

Dividends of surplus
Transfer to retained earnings
Total contributions by and distributions to owners
in their capacity as owners
Changes in equity interest of subsidiaries:
Dividends of surplus
Total changes in equity interest of subsidiaries

-

-

-

-

(4,259)

-

90

377

-

467

-

-

-

90

377

-

467

(4,217)-(4,217)

-

-

-

-

-

(1,121)(1,121)

-

-

-

-

-

(1,121)(1,121)

90

377

-

467

(4,217)(1,121)(5,338)

Balance at March 31, 2023

4,098

-

14,80418,903

182,830

8,206

191,036

Balance at April 1, 2023

4,098

-

14,80418,903

182,830

8,206

191,036

Total transactions with owners

Comprehensive income for the year:
Profit for the year

-

-

-

-

15,818

1,479

17,298Other comprehensive income

4,984

14,461

8,364

27,81027,810500

28,310Total comprehensive income for the year

4,984

14,461

8,364

27,81043,6281,979

45,607

Acquisition of treasury shares

-

-

-

-

(2,519)-(2,519)

Disposal of treasury shares

-

-

-

-

0

-

0

Cancellation of treasury shares

-

-

-

-

-

-

-

Share-based payment transactions

-

-

-

-

18

-

18

Dividends of surplus

-

-

-

-

(6,766)-(6,766)(1,070)(14,461)-(15,532)---(1,070)(14,461)-(15,532)(9,267)-(9,267)

Dividends of surplus

-

-

-

-

-

(968)

(968)

Total changes in equity interest of subsidiaries

-

-

-

-

-

(968)

(968)

(1,070)(14,461)-(15,532)(9,267)(968)(10,236)

8,012-

23,16831,181

217,191

9,217

226,408

Transactions with owners:
Contributions by and distributions to owners
in their capacity as owners:

Transfer to retained earnings
Total contributions by and distributions to owners
in their capacity as owners
Changes in equity interest of subsidiaries:

Total transactions with owners
Balance at March 31, 20248

Consolidated Statements of Cash FlowsKYB Corporation and its Consolidated Subsidiaries

For the fiscal year
ended March 31, 2023
（Apr. 1, 2022 through Mar. 31, 2023)(Unit: Millions of yen)
For the fiscal year
ended March 31, 2024
（Apr. 1, 2023 through Mar. 31, 2024)

Profit before taxes

31,77021,361

Depreciation and amortization

18,652

18,886

Impairment losses

976

1,030

Reversal gain of impairment losses

(23)

(53)

Gain on sales of fixed asset

(84)

(130)

Increase (decrease) in assets and liabilities for retirement benefits

(412)

(79)

(9,317)(1,845)(924)(1,187)

Cash flows from operating activities:

Increase (decrease) in provisions for product warranties
Finance income
Finance costs

1,701

2,242

Equity in profit of affiliates(1,145)(1,538)(Increase) decrease in trade and other receivables(7,817)

2,776(Increase) decrease in inventories(1,198)

6,017

611

(2,839)

Increase (decrease) in trade and other payables
Other

(900)

(770)

Subtotal

31,89043,872

Interest received

234

506

Dividends received

1,507

1,240

Interest paid

(1,617)(2,317)

Income taxes paid

(7,005)(2,500)

Payments of loss associated with the Anti-Trust law(1,095)(941)

Net cash from operating activities

23,91439,861(1,386)(792)

Cash flows from investing activities:
Payment into time deposits
Proceeds from withdrawal of time deposits
Payment for purchases of property, plant and equipment

-

2,959

(11,624)(24,612)

Proceeds from sales of property, plant and equipment

199

247

Payment for purchases of other financial assets

(688)

(24)

Proceeds from sale of other financial assets

225

1,774

-

(2,214)

(243)

(841)

(13,517)(23,503)

Purchase of investments accounted for using equity method
Other
Net cash flows from investing activities

9For the fiscal year
ended March 31, 2023
（Apr. 1, 2022 through Mar. 31, 2023)(Unit: Millions of yen)
For the fiscal year
ended March 31, 2024
（Apr. 1, 2023 through Mar. 31, 2024)

Net increase (decrease) in short-term borrowings

1,704(6,294)

Repayments of lease liabilities(6,178)(6,007)

Proceeds from long-term borrowings

1,755

18,800

Repayment of long-term borrowings(12,080)(11,279)

Payments for purchase of treasury shares(2)(2,519)Proceeds from sales of treasury shares-

0

Dividends paid

(4,259)(6,766)

Dividends paid to non-controlling interests(1,121)(968)

Net cash flows from financing activities(20,180)(15,033)

Effect of changes in foreign exchange rates

1,250

1,728

Net increase (decrease) in cash and cash equivalents(8,534)

3,052

Cash and cash equivalents at beginning of year

52,11843,585

Cash and cash equivalents at end of year

43,585

46,637

Cash flows from financing activities:

10

Segment InformationKYB Corporation and its Consolidated Subsidiaries

For the fiscal year ended March 31, 2023
(Unit: Millions of yen)
Reportable segment
Automotive
Hydraulic
Aircraftcomponents components Components

Subtotal

Others(Note 1)

Adjustment
Consolidated(Note 2)Total

Net sales:
Outside customers

279,692

137,876

4,416

421,984

9,221

431,205

－

816

763

－

1,579

76

1,655

(1,655)－

280,508

138,638

4,416

423,5639,296

432,859(1,655)431,205

Segment profit (loss)

18,754

7,507(1,426)

24,835603

25,43862

25,500Equity in profit of affiliates

1,145

－

－

1,145

－

1,145

(0)

1,145

743

5,187

(85)

5,846

56

5,902

(0)

5,902

20,642

12,694(1,510)31,826659

32,48562

32,547

Intersegment sales and transfers
Total

Other income and expenses (net)Operating profit (loss)
Finance income and costs (net)431,205(777)

Profit before taxes

31,770Depreciation and amortization
Impairment loss
Increases of non current-assets (Note 4)

11,1136,972

143

18,227435

18,662

(10)

570

338

69

976

－

976

－

18,652
976

8,340

5,776

61

14,177418

14,595－

14,595

Notes: 1. “Others” includes “Special-purpose Vehicles”and "Other” that are not included in the three of reportable segment.
2. ¥62 million of adjustment of segment profit is the elimination of intersegment transactions.
3. Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales.
4. Non current-assets don't include investments accounted for using the equity method , other non-current financial assets and deferred tax assets.

For the fiscal year ended March 31, 2024
(Unit: Millions of yen)
Reportable segment
Automotive
Hydraulic
Aircraftcomponents components Components

Subtotal

Others(Note 1)

Adjustment
Consolidated(Note 2)Total

Net sales:
Outside customers

293,033

134,433

3,908

431,374

11,407442,781

－

622

793

－

1,415

75

1,490

(1,490)－293,654

135,226

3,908

432,789

11,483444,271(1,490)442,781

Segment profit (loss)

16,451

5,431(2,038)

19,844

1,102

20,946

13

20,959Equity in profit of affiliates

1,538

－

－

1,538

－

1,538

(0)

1,538

Other income and expenses (net)

3,006

(617)

(2,194)

194

(274)

(80)

－

(80)

Operating profit (loss)

20,995

4,813(4,233)

21,575828

22,404

13

22,417

Intersegment sales and transfers
Total

Finance income and costs (net)(1,056)

Profit before taxes
Depreciation and amortization
Impairment loss
Increases of non current-assets (Note 4)442,781

21,361
11,323

6,973

162

18,457438

18,896(10)

18,886

209

500

26

735

296

1,030

－

1,030

15,374

15,255907

31,536331

31,866－

31,866

Notes: 1. “Others” includes “Special-purpose Vehicles”and "Other” that are not included in the three of reportable segment.
2. ¥13 million of adjustment of segment profit is the elimination of intersegment transactions.
3. Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales.
4. Non current-assets don't include investments accounted for using the equity method , other non-current financial assets and deferred tax assets.

*With regard to the changes of reportable segment
We have included a part of product of “Others” into the "Automotive Components" from the current first quarter,
as a result of reviewing the segment management classification due to the reorganization of the KAYABA Group.
Financial information for the same period of the previous fiscal year has been revised to reflect this change.

1110-May-24
KYB Corporation

FY2023 Financial Results Supplementary Information
1．Breakdown of sales
FY2022Sales（¥ million）

Automotive Components

composition
ratio

FY2023Sales（¥ million）

composition
ratio

Differences
Sales
composition
ratio（¥ million）

279,69264.9%

293,033

66.2%

Shock absorber for automobiles

202,16146.9%

214,92448.5%

12,763

6.3%

Shock absorber for motorcycles

45,904

10.6%

41,312

9.3%△ 4,592-10.0%

Hydraulic equipment for automobiles

21,045

4.9%

22,709

5.1%

1,664

7.9%

Others

10,583

2.5%

14,088

3.2%

3,506

33.1%

137,876

32.0%

134,433

30.4%△ 3,443-2.5%

Hydraulic Components

13,3404.8%

130,34630.2%

124,549

28.1%△ 5,797-4.4%

System products

4,028

0.9%

6,612

1.5%

2,584

64.2%

Others

3,502

0.8%

3,272

0.7%

△ 230

-6.6%

4,416

1.0%

3,908

0.9%

△ 508

-11.5%

4,416

1.0%

3,908

0.9%

△ 508

-11.5%

9,221

2.1%

11,407

2.6%

2,187

23.7%

Special-purpose Vehicles

9,221

2.1%

11,407

2.6%

2,187

23.7%

Others

－

－

－

－

－

－

11,577

2.7%

Hydraulic equipment for industrial use

Aircraft Components
Aircraft Components

Special-purpose Vehicles and others

Total

431,205 100.0%

442,781 100.0%

2．FOREX Rate（\）
FY2022Average FOREX Rate

Apr-Jun 2022

JPY/USD
JPY/EUR
JPY/CNY

Apr-Sep 2022

129.57138.1019.57

FY2023

Apr-Dec 2022

133.97138.72
19.88

Full year

136.53140.5919.88

Apr-Jun 2023

135.48140.97
19.74

Apr-Sep 2023

137.36149.46
19.55

Apr-Dec 2023

140.99153.37
19.74

Full year

143.29155.2819.97

144.62156.78
20.13（\）

FOREX Rate prevailingat the end of quarter

FY202230 Jun 2022

JPY/USD
JPY/EUR
JPY/CNY

30 Sep 2022

136.69142.6520.39

FY202331 Dec 2022

144.81142.3220.37

31 Mar 2023

132.70141.4419.02

30 Jun 2023

133.54145.72
19.42

30 Sep 2023

144.99157.56
19.95

31 Dec 2023

149.58157.9720.46

31 Mar 2024

141.82157.0919.94

151.40163.2820.84

3．Segment sales (*2)（\ million）
FY2022
1Q
Automotive Components
Hydraulic Components
Aircraft Components
Special-purpose Vehicles and others
Total

2Q
64,65932,3791,476
1,895
100,409

FY20233Q

71,654
34,5981,070
2,156
109,477

4Q
68,16935,715796
2,251
106,931

1Q
75,21035,184
1,074
2,920
114,388

2Q
69,35534,042
1,202
2,669
107,268

3Q
73,46833,828750
2,592
110,638

4Q
73,541
33,466
1,163
2,661
110,830

76,66833,098794
3,486
114,045

4．Segment operating income (*1)(*2)（\ million）
FY2022
1Q
Automotive Components
Hydraulic Components
Aircraft Components
Special-purpose Vehicles and others
Total

2Q
3,937
1,898
△ 146
△ 10
5,679

FY2023
3Q

4,496
1,905
△ 551
164
6,014

4Q
3,598
1,917
△ 398
139
5,256

1Q
6,763
1,807
△ 330
312
8,551

2Q
2,948
1,365
△ 299
189
4,203

3Q
3,049
1,395
△ 906
218
3,755

4Q
3,104
1,235
△ 165
113
4,287

7,359
1,440
△ 668
582
8,713

5．Capital Expenditure, Depreciation（\ million）
FY2022
1Q
Capital Expenditure
Depreciation Expenses

2Q
2,788
4,587

FY2023
3Q

3,764
4,630

4Q
3,114
4,799

1Q
4,375
4,636

2Q
3,792
4,625

3Q
4,457
4,581

4Q
5,527
4,789

17,061
4,890

6． R&D Expenses（\ million）
FY2022
1Q
R&D Expenses

2Q
1,734

FY2023
3Q

1,711

4Q
1,817

1Q
1,877

2Q
1,860

3Q
1,930

4Q
2,016

1,782

7．Foreign Exchange gain or loss (*3)（\ million）
FY2022
1Q
Other Income / Other Expenses
Finance Income / Finance Costs
Total

2Q
1,242
△ 54
1,188

FY2023
3Q

761
△ 63
698

4Q
△ 868
157
△ 711

1Q
433
△ 136
298

2Q
1,697
202
1,899

(*1) “Segment operating income”, which is described above, is different from “Segment profits (losses)” which is described in “Segment Information”
section in the Flash Report. “Segment operating income” amount includes “Adjustment” amount, which is described in the Flash Report”.
(*2) With regard to the changes of reportable segment
Products included in "Others" of "Special Vehicles and Others" are included in "Others" of "Automotive Components" from the current first quarter
As a result of reviewing the segment management classification due to the reorganization of the KYB Group.
(*3) “Foreign Exchange Gain or Loss” ,which is described above, comes from the amount of foreign exchange gain or loss in “Other income” ,“Other expense”, “Finance income” and “Finance costs” in the Consolidated Statements of Income. Foreign exchange gain is written as plus
and foreign exchange loss is written as minus.

3Q
408
△ 13
394

4Q
△ 477
△ 82
△ 559

1,156
143
1,300