Consolidated Financial Results
for the Nine Months Ended December 31, 2022
[Japanese GAAP]
February 6, 2023
Company name: Toshiba Tec Corporation
Stock exchange listing: Tokyo
Code number: 6588
URL: https://www.toshibatec.co.jp/
Representative: Hironobu Nishikori
President and CEO
Contact:
Akira Abe
General Manager of Corporate Communications Division
Phone: 03-6830-9151
Scheduled date of filing quarterly securities report: February 8, 2023
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Nine Months Ended December 31, 2022 (April 1, 2022 to December 31, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Nine months ended
Million yen%
Million yen%
Million yen%
Million yen%
December 31, 2022
374,470
14.0
11,804
36.2
9,937
23.0
(2,005)
December 31, 2021
328,525
11.8
8,664
171.0
8,076
220.3
6,193
(2,357)
million[(Note) Comprehensive income:Nine months ended December 31, 2022:¥%]-%]
Nine months ended December 31, 2021:¥ 6,610 million [Basic earnings
per share

Diluted earnings
per share

Nine months ended
Yen
Yen
December 31, 2022
(36.23)
December 31, 2021
112.55112.52(Note) Diluted earnings per share for the nine months ended December 31, 2022 is not presented even though the Company has issued
potential shares, because basic earnings per share was net loss.
(2) Consolidated Financial Position
Total assets
As ofDecember 31, 2022
March 31, 2022
(Reference) Equity:

Net assets

Million yen

Million yen

311,747
310,256

As of December 31, 2022:
As of March 31, 2022:¥¥

Capital adequacy ratio

112,600
117,662
107,862 million
111,946 million

%

34.6
36.1

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2022

-

20.00

-

20.00

40.00

Fiscal year ending March 31, 2023

-

20.00

20.00

40.00

Year-end

Fiscal year ending March 31, 2023 (Forecast)(Note) Revision to the forecast for dividends announced most recently:

Total

No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share
Full year

Million yen

510,000%

14.5

Million yen

14,000%21.0(Note) Revision to the financial results forecast announced most recently:

Million yen

11,500%

12.8

Million yen(2,500)%-Yen(45.17)

Yes* Notes:(1) Changes in significant subsidiaries during the nine months ended December 31, 2022
(changes in specified subsidiaries resulting in changes in scope of consolidation):
No
New(Company name:
Exclusion:(Company name:))(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:
Yes(Note) For details, please refer to “2. Quarterly Consolidated Financial Statements and Notes (3) Notes to the quarterly consolidated
financial statements (Accounting policies adopted specially for the preparation of quarterly consolidated financial statements)” on
page 9 of this report.
(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(Note) For details, please refer to “2. Quarterly Consolidated Financial Statements and Notes (3) Notes to the quarterly consolidated
financial statements (Changes in accounting policies, etc.)” on page 9 of this report.
(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):December 31, 2022:
57,629,140 shares
March 31, 2022:
57,629,140 shares2) Total number of treasury shares at the end of the period:
December 31, 2022:
2,281,191 shares
March 31, 2022:
2,301,938 shares
3) Average number of shares during the period:
Nine months ended December 31, 2022:
Nine months ended December 31, 2021:

55,339,982 shares
55,024,780 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
* Proper use of earnings forecasts, and other special matters(Explanation for the proper use of earnings forecasts)
Financial results forecasts are based on information currently available to the Company and certain assumptions deemed reasonable
and are not intended to be the Company’s guarantee that they will be achieved. Actual results may significantly vary due to a variety
of factors. For the assumptions used as the basis for the earnings forecasts and precautions regarding the use of the earnings forecasts,
please refer to “1. Qualitative information on the financial results for the period under review (3) Consolidated financial results
forecast and other forward-looking information” on page 4 of this report.

Table of Contents of Attachments
1. Qualitative information on the financial results for the period under review

2(1) Operating results

2(2) Financial condition

3(3) Consolidated financial results forecast and other forward-looking information

4

2. Quarterly Consolidated Financial Statements and Notes

5(1) Quarterly Consolidated Balance Sheet

5(2) Quarterly Consolidated Statement of Income and Comprehensive Income

7

Quarterly Consolidated Statement of Income (For the nine months)

7

Quarterly Consolidated Statement of Comprehensive Income (For the nine months)

8(3) Notes to the quarterly consolidated financial statements

9Notes on going concern assumption

9

Notes in the event of significant amount changes in shareholders’ equity

9

Accounting policies adopted specially for the preparation of quarterly consolidated financial statements

9

Changes in accounting policies, etc.

9Additional information

9

Notes to Quarterly Consolidated Statement of Income

10

Segment information, etc.

111

1. Qualitative information on the financial results for the period under review(1) Operating results
The world economy for the nine months ended December 31, 2022 appeared to be in a favorable climate
for recovery with progress seen in balancing economic activities with measures taken to prevent COVID-19
infection in various countries. However, the economic outlook still remained uncertain due to theunpredictable effects of accelerated monetary tightening overseas, the Russian-Ukrainian problem, andeconomic activity restrictions in China, in addition to sharp price rises, soaring raw material prices, andsupply restrictions.
Amid such conditions, Toshiba Tec Corporation (the “Company”) and its subsidiaries (collectively, the“Group”) set forth the Basic Policy of the FY22-24 Mid-term Business Plan, “To become a global top
solutions partner by generating new value through co-creation with the aim of contributing to the resolutionof social issues.” Under the basic policy, the Group has focused its energy on carrying out various measures
to develop its business. At the same time, as a solutions partner that helps solve issues in the domains ofstores, offices, logistics, and manufacturing, the Group has promoted initiatives to achieve the Sustainable
Development Goals (SDGs) together with customers and strived to contribute to realizing a sustainable
society.
In the nine months ended December 31, 2022, sales of POS systems for the overseas market andmultifunction peripherals (MFPs) for the overseas market increased due mainly to the impact of foreignexchange rates and growth in the Americas, resulting in net sales of ¥374,470 million (up 14% year onyear). On the profit front, although there were effects of tight supply-demand balance and soaring prices incomponents and international cargo transportation, profitability of MFPs improved, which resulted inoperating profit of ¥11,804 million (up 36% year on year). However, “Foreign exchange losses” as nonoperating expenses resulted in ordinary profit of ¥9,937 million (up 23% year on year), and “Loss on
litigation” of ¥6,900 million related to a patent dispute as an extraordinary loss and other factors resulted inloss attributable to owners of parent of ¥2,005 million (profit attributable to owners of parent of ¥6,193
million in the same period of the previous fiscal year). For details of the patent dispute, please refer to “2.
Quarterly Consolidated Financial Statements and Notes (3) Notes to the quarterly consolidated financial
statements (Notes to Quarterly Consolidated Statement of Income) (Loss on litigation).”Results of reportable segments for the nine months ended December 31, 2022 were as follows.
Retail Solutions Business GroupThe Retail Solutions Business Group handles POS systems for domestic and overseas markets, auto ID
systems for domestic market, and related products. Amid a severe business environment in which theimpact of the spread of COVID-19 and intensifying competition with peers continue, the business group has
worked on various initiatives under the basic policy of “Aim at becoming a global top solutions partner inthe distribution industry.” These initiatives include solution business expansion through the global common
retail platform “ELERA” and strategic partnership, concentrated investment in growth fields (data services,
next generation stores, payment, and Supply Chain Management (SCM)), and the expansion of service
business in overseas markets.
Sales of POS systems for the domestic market declined due to a continued downturn in the investment
appetite of retail and restaurant businesses affected by the prolonged COVID-19 pandemic, parts supply
constraints, rising prices, and other factors. However, sales showed signs of recovery due to efforts to
expand sales mainly of payment terminals, self-ordering systems, and smart receipts by taking into accountmeasures against COVID-19, as well as efforts to revise selling prices.
Sales of POS systems for overseas markets increased due to the impact of foreign exchange rates, anincrease in sales in the Americas, and other factors.
Sales of auto ID systems for the domestic market increased, primarily due to an increase in sales ofbarcode printers, mainly to specific customers.
As a result, net sales of the Retail Solutions Business Group were ¥218,413 million (up 11% year onyear). Operating profit of the business group was ¥6,151 million (down 25% year on year) due to a
deterioration in profit and loss of POS systems for the domestic market affected by the negative impact of
the cost increase due to yen depreciation, and tight supply-demand balance and soaring prices incomponents.

2

Workplace Solutions Business Group
The Workplace Solutions Business Group handles multifunction peripherals (MFPs) for domestic andoverseas markets, auto ID systems for overseas markets, inkjet heads for domestic and overseas markets,and related products. Amid a severe business environment in which the impact of the spread of COVID-19,
tight supply-demand balance and soaring prices in components and international cargo transportation,
declining printing volume due to post-COVID-19 work style reforms and office DX promotion, andintensifying competition with peers continue, the business group reinforced “Further strengthen our
response capability to market changes” to focus on achieving its targets. At the same time, the businessgroup worked on strengthening solutions including Document Management System (DMS), the auto ID
business, the cloud solutions platform, and other measures in order to expand business in growth areas.
Sales of MFPs increased due to the impact of foreign exchange rates in addition to increased sales in theAmericas, Europe, Asia, and other overseas regions as a result of focusing on changing transportation
method or route, raising selling prices, and other efforts, despite the ongoing shortages in product supply
caused by the tight supply-demand balance in international cargo transportation, while the effects of theshortage of components were mitigated.
Sales of auto ID systems for overseas markets increased as a result of increased sales in the Americas,
Europe, Asia, and other overseas regions and the impact of foreign exchange rates.
Sales of inkjet heads decreased due to decreased sales to domestic customers despite increased sales tooverseas customers.
As a result, net sales in the Workplace Solutions Business Group were ¥158,778 million (up 18% year onyear). Operating profit for the business group improved to ¥5,652 million (up ¥5,233 million year on year)
due to the increase in net sales resulting from the increased selling prices and other factors and vigorous
efforts to reduce fixed costs, etc., in addition to progress of effect mitigation of the tight supply-demandbalance and soaring prices in components and international cargo transportation.
(Note) An auto ID system is a system that uses hardware and software devices to recognize and manage data
content by automatically scanning barcode and RFID tag data.
(2) Financial condition
Assets at the end of the third quarter of the fiscal year ending March 31, 2023 increased by ¥1,491 million
from the end of the previous fiscal year to ¥311,747 million. This was mainly because merchandise andfinished goods and “Other” in current assets and “Other” in investments and other assets increased by¥9,095 million, ¥5,982 million, ¥3,548 million, respectively, although cash and deposits, group deposits
paid, and notes and accounts receivable - trade, and contract assets in current assets declined by ¥6,250
million, ¥6,955 million and ¥3,942 million, respectively.
Liabilities increased by ¥6,553 million from the end of the previous fiscal year to ¥199,147 million. Thiswas mainly because notes and accounts payable - trade, income taxes payable, and “Other” in current
liabilities and “Other” in non-current liabilities increased by ¥1,385 million, ¥1,245 million, ¥1,747 million,and ¥2,197 million, respectively.
Net assets decreased by ¥5,062 million from the end of the previous fiscal year to ¥112,600 million. Thiswas primarily due to a decrease in retained earnings owing to the recording of loss attributable to owners ofparent of ¥2,005 million and the payment of dividends of ¥2,213 million, a decrease in remeasurements ofdefined benefit plans of ¥615 million, and a decrease in non-controlling interests of ¥973 million, althoughforeign currency translation adjustment increased by ¥773 million.

3(3) Consolidated financial results forecast and other forward-looking information
The Company revised its consolidated financial results forecast for the fiscal year ending March 31,
2023 announced on November 10, 2022 as follows.
Revision to consolidated financial results forecasts for the fiscal year ending March 31, 2023
(Million yen)
Net sales

Operating profit

Ordinary profit

Profit attributableto owners ofparentBasic earnings per
share (Yen)Previously announced
forecast (A)520,000

14,00010,000(2,500)(45.17)

Revised forecast (B)510,000

14,00011,500(2,500)(45.17)

Change (B)-(A)(10,000)

－

1,500

－

－

Change (%)

(1.9)

－

15.0

－

－

Reference: results of theprevious fiscal year (ended
March 31, 2022)

445,317

11,566

10,197

5,381

97.68

Revision to consolidated sales forecasts by segment for the fiscal year ending March 31, 2023
(Million yen)Previously
announced
forecast (A)Revised forecast(B)

Change (B)-(A)Change (%)

Retail Solutions

297,000

287,000(10,000)(3.4)

Reference: resultsof the previous
fiscal year (ended
March 31, 2022)
266,964

Workplace Solutions

228,000

228,000－－

182,129

Eliminations(5,000)(5,000)－－(3,776)

Net sales

520,000

510,000(10,000)(1.9)

445,317

Revision to consolidated operating profit forecasts by segment for the fiscal year ending March 31, 2023
(Million yen)

Retail Solutions

10,0008,000(2,000)(20.0)

Reference: resultsof the previous
fiscal year (ended
March 31, 2022)
10,609Workplace Solutions

4,000

6,000

2,000

50.0

957

Operating profit

14,00014,000－－11,566

Previously
announced
forecast (A)Revised forecast(B)

Change (B)-(A)Change (%)

Net sales of the Retail Solutions Business Group have been revised downward due mainly to the tendency of
the restraint of investment by overseas customers and the impact of exchange rates, etc. Primarily in line withthe revisions to net sales, operating profit of the Retail Solutions Business Group has been revised downward.
On the other hand, operating profit of the Workplace Solutions Business Group has been revised upward dueto the improvements in international cargo transportation and the impact of exchange rates. As a result,operating profit of the Group remains unchanged from the previously announced forecast. Regarding ordinary
profit, we had expected foreign exchange losses due to the sudden depreciation of the yen, but we expect an
improvement from the previous announcement as the yen exchange rate has stabilized. Profit attributable toowners of parent remains unchanged from the previous announcement. Based on these factors, we haverevised our consolidated financial results forecasts for the fiscal year ending March 31, 2023 as stated above.
The reference exchange rates used in the consolidated financial results forecast for the fiscal year ending
March 31, 2023 are ¥134.54 to the US dollar and ¥139.55 to the euro.
*Financial results forecasts are based on information currently available to the Company and certain
assumptions deemed reasonable, and are not intended to be the Company’s guarantee that they will beachieved. Actual results may significantly vary due to a variety of factors.

4

2. Quarterly Consolidated Financial Statements and Notes(1) Quarterly Consolidated Balance Sheet(Million yen)
As of March 31, 2022

As of December 31, 2022

AssetsCurrent assets
Cash and deposits

38,64532,395

8,073

1,118

70,846

66,904Work in process
Raw materials and supplies

34,806
5,635
14,04743,901
6,278
13,458Other

23,36329,345

Allowance for doubtful accounts(1,414)(1,293)

Total current assets

194,004

192,108

43,76444,576

1,026

666

10,196

9,898

11,223

10,565

Other
Allowance for doubtful accounts

61,351(87)

64,899(402)

Total investments and other assets

61,26464,497116,252

119,639

310,256

311,747

Group deposits paid
Notes and accounts receivable - trade, and contract
assetsMerchandise and finished goods

Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets

Total non-current assets
Total assets

5

(Million yen)
As of March 31, 2022

As of December 31, 2022

Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Income taxes payable

53,341859

54,726
906

2,846

4,091

Other

79,967

81,714

Total current liabilities

137,014

141,439

Non-current liabilities
Long-term borrowings

1,043

1,073

Retirement benefit liability
Other29,56524,97029,467
27,167

Total non-current liabilities

55,57957,708

Total liabilities

192,594

199,147

Net assets
Shareholders’ equity
Share capital

39,97039,970Retained earnings

854
55,977902
51,758Treasury shares(4,733)(4,693)

Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges

92,06887,937

1,626

1,586

12

(37)

Foreign currency translation adjustment
Minimum pension liability adjustments

15,819(694)

16,592(716)

Remeasurements of defined benefit plans
Total accumulated other comprehensive income

3,114
19,877

2,499
19,924

48
5,667

43
4,693

117,662

112,600

310,256

311,747

Capital surplus

Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

6

(2) Quarterly Consolidated Statement of Income and Comprehensive Income
Quarterly Consolidated Statement of Income (For the nine months)(Million yen)
For the nine months ended
December 31, 2021

For the nine months ended
December 31, 2022

Net sales

328,525

374,470

Cost of sales

196,648

227,292

Gross profit

131,877

147,177

Selling, general and administrative expenses

123,212135,373

8,664

11,804290

216

Operating profit
Non-operating income
Interest income
Dividend income

4475

Gain on valuation of derivatives

468

466

274
1,077

355
1,114

347

419

458

1,220

859
1,665

1,341
2,981

8,076

9,937

Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of investment securities

223-

Total extraordinary income

223

-

1

-

Extraordinary losses
Loss on sale of investment securities
Loss on valuation of investment securities
Restructuring cost
Loss on reversal of foreign currency translation
adjustment due to liquidation of overseas subsidiaries
Loss on litigation

-

608

867

182

-

392

-

6,900

869

8,084

Profit before income taxes

7,430

1,852

Income taxes

2,428

4,595

Profit (loss)

5,002(2,742)

Loss attributable to non-controlling interests(1,191)(737)

Profit (loss) attributable to owners of parent

6,193(2,005)

Total extraordinary losses

7Quarterly Consolidated Statement of Comprehensive Income (For the nine months)(Million yen)
For the nine months ended
December 31, 2021

For the nine months ended
December 31, 2022

5,002

(2,742)

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

(102)
24

(39)
(49)

Foreign currency translation adjustment
Minimum pension liability adjustment

1,940
(8)

1,111
(21)

Remeasurements of defined benefit plans, net of tax
Total other comprehensive income

(246)
1,608

(615)
384

Comprehensive income

6,610(2,357)

Comprehensive income attributable to
Owners of parent
Non-controlling interests

7,560
(949)

(1,958)(399)

Profit (loss)
Other comprehensive income8(3) Notes to the quarterly consolidated financial statements
Notes on going concern assumption
Not applicable
Notes in the event of significant amount changes in shareholders’ equity
Not applicable
Accounting policies adopted specially for the preparation of quarterly consolidated financial statements
Calculation of tax expenses
Tax expenses are calculated by reasonably estimating the effective tax rate after the application of tax effectaccounting for profit before income taxes for the consolidated fiscal year ending March 31, 2023 including thethird quarter under review and multiplying profit before income taxes by the estimated effective tax rate.
Provided, however, that if calculation using the estimated effective tax rate turns out to be significantly
unreasonable, calculations are made pursuant to Paragraph 15 (Method of using the statutory effective tax rate)of the Implementation Guidance on Tax Effect Accounting for Interim Financial Statements (AccountingStandards Board of Japan (ASBJ) Guidance No. 29, February 16, 2018), according to the provisions ofParagraph 19 of the Implementation Guidance on Accounting Standard for Quarterly Financial Reporting(ASBJ Guidance No. 14, March 31, 2020).
Income taxes - deferred are included in income taxes.
Changes in accounting policies, etc.
Application of Accounting Standard for Fair Value Measurement, etc.
The Company has applied the Implementation Guidance on Accounting Standard for Fair Value
Measurement (ASBJ Guidance No. 31, June 17, 2021; hereinafter, the “Implementation Guidance on Fair
Value Measurement Standard”) from the beginning of the first quarter of the fiscal year ending March 31,
2023. In line with the transitional treatment stipulated in Paragraph 27-2 of the Implementation Guidance on
Fair Value Measurement Standard, the Company will apply the new accounting policy provided by the
Implementation Guidance on Fair Value Measurement Standard prospectively. This does not affect thequarterly consolidated financial statements.
Additional information
Practical Solution on the Accounting and Disclosure Under the Group Tax Sharing System
Effective from the first quarter of the fiscal year ending March 31, 2023, the Company and some of its
domestic consolidated subsidiaries have shifted from the consolidated taxation system to the group tax sharing
system. In accordance with this change, the accounting treatment and disclosure of corporate and local income
taxes and tax effect accounting are in accordance with the Practical Solution on the Accounting and Disclosure
Under the Group Tax Sharing System (ASBJ Practical Solution No. 42, August 12, 2021; hereinafter, the“Practical Solution No. 42”). In addition, in accordance with Paragraph 32 (1) of the Practical Solution No. 42,
the Company has deemed that there is no impact of the change in accounting policy resulting from theapplication of the Practical Solution No. 42.

9Notes to Quarterly Consolidated Statement of Income
Loss on litigation
The Company and a domestic subsidiary (hereinafter, the “Company, etc.”) received a complaint for patent
infringement and a petition for order of provisional disposition in June 2021, as well as another petition fororder of provisional disposition in February 2022, filed by Teraoka Seiko Co., Ltd. (hereinafter, the“Plaintiff”) in the Tokyo District Court for infringement of its patent rights related to semi-self checkout.
(Hereinafter, these complaint and petitions are collectively referred to as the “Teraoka’s Complaint.”)
On the other hand, the Company filed several petitions for provisional disposition with the Tokyo District
Court, with the Plaintiff and its group company DIGI I’s Ltd. as debtors, based on the patent rights held by theCompany. (Hereinafter, these petitions are collectively referred to as the “Company’s Petitions.”) The
Company has been taking appropriate measures after carefully examining the details of the Teraoka’sComplaint.
In the first quarter of the fiscal year ending March 31, 2023, the Tokyo District Court encouraged both thePlaintiff and the Company, etc. to seek a settlement, and since July 2022, the Company has been engaged insettlement negotiations with the Plaintiff in an effort to reach a resolution of the Teraoka’s Complaint and theCompany’s Petitions. As a result, the Plaintiff and the Company reached an agreement to settle on November
30, 2022, and accordingly the Teraoka’s Complaint and the Company’s Petitions have been resolved.
In the second quarter of the fiscal year ending March 31, 2023, it became possible to reasonably estimate theamount deemed necessary as a settlement payment, hence provision for loss on litigation was recorded as an
extraordinary loss to prepare for possible future losses. In the third quarter of the fiscal year ending March 31,
2023, as the Plaintiff and the Company reached an agreement to settle and the amount of loss on litigation was
finalized, it is shown as Loss on litigation.

10

Segment information, etc.
I Nine months ended December 31, 2021
Amounts of net sales, profit or loss by reportable segment(Million yen)

Reportable segments

Adjustment

Consolidated
amount(Note)

Retail Solutions

Workplace
Solutions

197,025

131,499

328,525

－

60

2,791

2,851

(2,851)

328,525－

197,086

134,291

331,377(2,851)

328,525

Segment profit
8,245
419
8,664
(Note) Segment profit corresponds with operating profit in the quarterly consolidated statement of income.

8,664

Total

Net sales
Sales to external customers
Intersegment sales and transfers
Total

－

II Nine months ended December 31, 2022
Amounts of net sales, profit or loss by reportable segment(Million yen)

Reportable segments
Retail Solutions

Workplace
Solutions

Adjustment

Total

Consolidated
amount(Note)Net sales
Sales to external customers

218,388

156,081374,470

－

24

2,696

2,721

(2,721)

374,470－

218,413

158,778

377,192(2,721)

374,470－
Segment profit
6,151
5,652
11,804(Note) Segment profit corresponds with operating profit in the quarterly consolidated statement of income.

11,804

Intersegment sales and transfers
Total*Supplementary information
Average exchange rate
(Yen to the US dollar)
Average exchange rate
(Yen to the euro)

Nine months ended December 31, 2021

Nine months ended December 31, 2022

110.97135.72130.87140.3011