Chapter 06

Corporate Data

Financial and Non-Financial Data

FY2020Key Consolidated Financial Data

Overseas

FY2022

FY2023

FY2024402.8 billion yen

446.3 billion yen

508.6 billion yen

547.9 billion yen

544.0 billion yen

353.2 billion yen

388.6 billion yen

425.7 billion yen

458.4 billion yen

459.9 billion yen

Operating income

115.8 billion yen

116.8 billion yen

107.9 billion yen

13 %

14 %

17 %

17 %

16 %

20.9 billion yen

17.3 billion yen

17.8 billion yen

27.6 billion yen

38.6 billion yen

5.2 %3.9 %3.5 %

5.0 %

7.1 %

Capital investments/
R&D expenses

FY2021

FY2022

Ordinary income

23.0 billion yen

18.6 billion yen

21.3 billion yen

Net income attributable to owners of parentcompany

21.3 billion yen

11.1 billion yen

15.2 billion yen

Comprehensive income

48.3 billion yen

19.7 billion yen

27.6 billion yen

Net assets

225.1 billion yen

241.8 billion yen

266.0 billion yen

Total assets

389.7 billion yen

426.5 billion yen

455.8 billion yen

Return on assets (ROA)

5.5 ％

2.7 ％

3.5 ％

Equity ratio

56.9 ％56.2 ％57.9 ％

Return on equity (ROE)

9.6 ％

4.8 ％

6.1 ％

29.6 billion yen

26.9 billion yen

32.3 billion yen

Cash flow from investing activities△3.8 billion yen△19.8 billion yen△22.8 billion yen

Cash flow from financing activities△9.6 billion yen△5.4 billion yen△4.9 billion yen

Ending balance of cash and cash
equivalents

27.2 billion yen

31.7 billion yen

37.6 billion yen

Capital investments

14.8 billion yen

20.6 billion yen

29.6 billion yen

R&D expenses

8.0 billion yen

9.0 billion yen9.3 billion yen*Transactions with parties inside the Group have been offset in net sales (consolidated).
*The overseas ratio is the proportion of overseas sales out of net sales to external customers.
*The FY2024 plan is the mid-term plan developed in FY2021.
*Return on assets (ROA) for FY2020 is calculated based on total assets at the end of the fiscal year, as this was the first year of consolidation.
*Return on equity (ROE) for FY2020 is calculated based on ending equity capital, as this was the first year of consolidation.
*Figures have not been audited by a certified accountant or audit firm.
*The consolidated financial data for profit and loss, financial status, financial indicators, and cash flow have been reviewed by an audit firm since FY2021.

56

4,328

4,158

4,341

Men

43.7 years old

43.8 years old

44.2 years old

Women

41.0 years old

41.4 years old

41.8 years old

Number ofemployees

110113

122

Ratio

5.9 ％

5.8 ％

6.2 ％

Men

64.2 ％

53.2 ％

73.2 ％

Women

93.6 ％

97.5 ％

96.6 ％

Employment rate of persons with disabilities(average for each fiscal year) ◇1

2.35 ％

2.29 ％

2.32 ％

Rate of mid-career hires ◇1

20.0 ％

43.2 ％

43.3 ％

Rate of employees who take paid leave ◇1

60.9 ％

67.1 ％

71.3 ％vs FY2020

100 ％

117 ％

127 ％

Quantity

468 kt CO2

548 kt CO2

594 kt CO2

New construction 75 ％New construction 77 ％New construction 76 ％Remodeling 25 ％Remodeling 23 ％Remodeling 24 ％New construction 76 ％New construction 70 ％New construction 69 ％Remodeling 24 ％Remodeling 30 ％Remodeling 31 ％

29 ％

31 ％

31 ％

200 sites

201 sites

195 sites

11 countries/regions

11 countries/regions

11 countries/regionsJapan

24 sites

24 sites

24 sites

Overseas

11 sites

11 sites

11 sites

Details of Financial Data are presented in our Sustainability Data Book. (in Japanese only)
https://www.ykkap.co.jp/company/jp/sustainability/data/basic-information/

Overseas

Average age ◇1

Number of women in management
positions ◇1

Rate of employees who takechildcare leave ◇1

Contributions to CO2 reductions throughhigh thermal insulation products ◇2

Residential
Ratio of new constructions toremodeling projects ◇2 *1
Commercial

Rate of vinyl window use ◇2 *2

Number of locations ◇3

Manufacturing locations ◇3

Extent of Coverage◇1: YKK AP (non-consolidated)◇2：YKK AP Group (Japan)◇3：YKK AP Group (Japan and overseas)

JapanOverseas

Corporate Data

FY2020Cash flow from operating activities

Cash flow

Men 74 ％ Women 26 ％Initiatives in the Value Chain

Financial indicators

Men 74 ％ Women 26 ％Ratio of men towomen (Japan)

Business Strategies for Growth

Financial status

Men 74 ％ Women 26 ％Number of employees ◇3(Plan)

79.7 billion yen

Operating income margin

Profit and loss(Plan)

66.2 billion yenOverseas ratio

12,802

Foundations Supporting our BusinessJapan

12,630

Value Creation

Net sales (consolidated)

FY2021

FY2022

12,389Japan

FY2020

FY2021

Messages from Management

Key Non-Financial Data

*1 Based on net sales*2 Rate of vinyl window use in sales for single family homes

YKK AP Integrated Report 2023

57

Chapter 06

Corporate Data

Supported Groups and Initiatives◆SBTi/Science Based Targets initiative◆Minister of the◆Japan Climate Initiative/JCI◆Partnership Building Declaration

May 2021

Environment-certified“Eco-First Company”(Ministry of the Environment)
April 2023

Disclosures/TCFD(Financial Stability Board) May 2019

June 2022

February 2021

Corporate Name
Headquarters Address
CapitalFoundation
Accounting Period

YKK AP Inc.
1, Kanda Izumi-cho, Chiyoda-ku, Tokyo, 101-0024, Japan
14.0 billion yen
July 22, 1957
March 31 of every year

Affiliated Companies

Domestic Affiliated Companies

Overseas Affiliated Companies

YKK AP Okinawa Inc.
Pros Inc.
Iwabuchi Inc.
YKK AP Ruxy Inc.
Nitto Inc.

YKK AP AMERICA INC.
ERIE ARCHITECTURAL PRODUCTS INC.
ERIE ARCHITECTURAL PRODUCTS USA, INC.
YKK AP (CHINA) INVESTMENT CO., LTD.
DALIAN YKK AP CO., LTD.
YKK AP CO.,LTD.
YKK AP (SUZHOU) CO., LTD.
YKK AP HONG KONG LIMITEDYKK AP TAIWAN CO., LTD.
PT YKK AP INDONESIAYKK AP MYS SDN. BHD.
YKK AP (THAILAND) CO.,LTD.
Bhoruka Extrusions Private Limited
YKK AP FACADE PTE. LTD.
YKK AP SINGAPORE PTE LTDYKK AP FACADE VIETNAM COMPANY LIMITEDYKK AP Technologies Lab (NA) Inc.

Japan Sash Manufacturers Association
Japan Building Openings Association
Japan Construction Material & Housing
Equipment Industries Federation
Association of Living Amenity
Japan Federation of Housing Organizations

Wooden Home Builders Association of Japan
Japan International Association for the Industry of Buildingand Housing
Japan - China Association for Building and Housing Industry
Japan Aluminium Association, etc.

(Conference for the Promotion of Building Partnershipsfor the Future) June 2022

Major Awards (awards received as a corporation)(Keep Dublin Laurens Beautiful Organization)YKK AP AMERICA INC. Dublin Factory
June 2022◆Maintained certification as a Gold product safetycompanies(Ministry of Economy, Trade and Industry)
January 2023

(Organization for Landscape and Urban GreenInfrastructure)
Manufacturing Department, Tohoku Plant, March 2023

Platinum Award 2018–2022(INFOBRAND)
Received the Digital Popular Brand Award for fiveconsecutive years
PT YKK AP INDONESIA, January 2023

◆Top 10 Aluminium Products

Manufacturers in India 2023(“Industry Outlook” business magazine)
Bhoruka Extrusions Private Limited, February 2023

Memberships◆Good Design Award 2022

(Japan Institute of Design Promotion)“famitto” interior door series
October 2022

◆16th Kids Design Award(NPO Kids Design Association)
August 2022
Designs to contribute to the safety and security
from children●Western-Style Blind “Outer Shade”●“Lucias Fence” and "Simpleo Fence” block-built, high blindfold type●Promotion of natural (Cross-opening) ventilation through the installation of inner
windows for school facilities
Designs to support comfortable raising of children●“famitto” interior door series◆Most Desirable Architectural Products and Equipment

Manufacturers Ranking 2022 (Nikkei Architecture)
Residential Window Sash: 1st Place for the 12th consecutive year
●Residential Entrance Door: 1st Place for the 7th consecutive year
●Commercial Building Aluminum Sash and Curtain Wall: 1stPlace for the 18th consecutive year
November 24, 2022 issue●◆Manufacturer of the most desirable architectural

products and facilities for use in an ideal home
(Taiwan Architectural Aesthetics Culture and Economy
Association; an incorporated association/ National Chengchi
University College of Commerce Public Opinion and MarketResearch Center)
Window Sash Category: 1st Place for the 11th consecutive year YKK AP TAIWAN CO., LTD
November 2022
◆2022 BLT Built Design Awards(3C AWARDS)YKK AP AMERICA INC., “YWW 60 XT”
November 2022
◆Desirable Architectural Products Brand Award(China Real Estate Association)
Window Category: Selected for the 12th consecutive time,YKK AP CO., LTD
March 2023

58

Editorial NoteYKK AP Integrated Report 2023

We produced the YKK AP Integrated Report 2023 to introduce ourExtent of Coverage

YKK AP Inc./YKK AP Domestic Affiliated Companies/YKK AP Overseas Affiliated Companies

Period CoveredFY2022(April 1, 2022 – March 31, 2023)

stakeholders to our initiatives to be a company that makes society abetter place through its business activities, with the YKK AP Purpose,“We Build a Better Society Through Architectural Products, ” at its

core. The report communicates YKK APʼs value creation story in anNote: Some of the information included in this report isfrom outside of the period covered.

easy-to-understand manner and provides a comprehensive
summary of financial and non-financial information, including thevalues we offer to society and the strategies and businessfoundations that enable us to realize these values. Going forward,
we will continue to reflect your opinions and ideas in our efforts tocreate a more comprehensive Integrated Report that will provide
you with a better understanding of our company.

Corporate Data

Major Awards (awards received for products)

Initiatives in the Value Chain◆The 11th Green Social Contribution Award◆Digital Popular Brand

Business Strategies for Growth◆KDLB 2022 Environmental Stewards Award

Foundations Supporting our Business◆Task Force on Climate-related Financial

Value Creation◆United Nations Global Compact/UNGC

Company Outline

Messages from Management

Supported Initiatives and Key External Assessments

Date of Publication

November 2023

Inquiries

YKK AP Inc. Corporate Communications Office
1, Kanda Izumi-cho, Chiyoda-ku, Tokyo,
101-0024, Japan
Phone: +81-3-3864-2321
http://www.ykkap.co.jp/

YKK AP Integrated Report 2023

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