www.toyota-boshoku.com/jp/news/_assets/upload/221028-1.pdf

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トヨタ紡織株式会社 2023年3月期業績予想の修正に関するお知らせ

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https://www.toyota-boshoku.com/jp/news/_assets/upload/221028-1.pdf

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This document is an announcement from Toyota Boshoku Corporation regarding the revision of its earnings forecast for the fiscal year ending March 2023, published on October 28, 2022. The forecast has been revised downward, with revenue expected to decrease from 1,570,000 million yen to 1,560,000 million yen, and operating profit from 61,000 million yen to 43,000 million yen. The reasons for this revision include production cuts due to semiconductor shortages and costs associated with the termination of operations in Russia. Consequently, the profit attributable to the owners of the parent company is also expected to decline from 40,000 million yen to 25,000 million yen.