The Group will strive to further strengthen the businesses having potential for demand growth and enhance added value in the increasingly competitive electronics industry. To this end, the Group will promote product modularization and focus more on conducting activities to sell various types of automobile-related materials and strengthening its original design manufacturing (ODM) business.
Effective for fiscal years beginning from April 1, 2021, “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, issued on March 30, 2018) and other standards will be adopted. Therefore, the above-mentioned consolidated Financial forecasts show the amounts based on the said standard, and the year-on-year rates of change represent those calculated assuming the adoption of the said standard, etc. for the fiscal year ended March 31, 2021.Unit: millions of yen
|Results for FY2021
(Accounting Standard for Revenue Recognition)
|Financial Forecast for FY 2022||Year-on-year|
|Profit attributable to owners of parent||3,666||3,666||4,400||＋20.0％|
Forecasts on future performance are based on the Judgement and assumptions of management using information presently available. Actual performance may greatly diverge from forecasts due to fluctuations in risks and various uncertainties, and changes in economic climate.