www.toyota-boshoku.com/jp/news/_assets/upload/230427-1.pdf

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トヨタ紡織株式会社 個別業績の前期実績値との差異に関するお知らせ

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This document reports the differences between the individual performance of Toyota Boshoku Corporation for the fiscal year ending March 2023 and the previous year's results. Sales increased from 675,122 million yen to 705,346 million yen, while operating profit rose from 3,029 million yen to 5,717 million yen, ordinary profit from 26,843 million yen to 48,899 million yen, and net profit from 30,671 million yen to 41,534 million yen. The increase in sales was attributed to production increases and the impact of transfer pricing tax adjustments. Despite challenges from parts supply issues affecting profit, the overall performance improved due to the influence of transfer pricing tax adjustments.