
Investor Relations | Financial Information
Projections
FY March 2022 [Results] (U.S. GAAP) |
FY March 2023 [Projections: May 11, 2022] (IFRS) |
|||
---|---|---|---|---|
(Yen millions) | (%) | (Yen millions) | (%) | |
Net sales | 1,902,124 | 2,200,000 | ||
Operating income | 166,665 | 8.8 | 185,000 | 8.4 |
Income before income taxes |
234,185 | 12.3 | 190,000 | 8.6 |
Net income | 183,632 | 9.7 | 145,000 | 6.6 |
Exchange rate (U.S.$=Yen) | 112.33 | 120 | ||
Exchange rate (Euro=Yen) | 130.53 | 130 |
(Exchange Rate Forecast)
- Average yen exchange rates against the U.S. dollar and the euro of ¥120 and ¥130 respectively will be assumed for fiscal 2023.
- The projections for fiscal 2023 are calculated based on IFRS due to start voluntary adoption of IFRS to securities report for fiscal 2022.
- This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings and evaluations, about TDK or its group companies (“TDK Group”). These forward-looking statements are based on the current forecasts, estimates, assumptions, plans, beliefs and evaluations of TDK Group in light of information currently available to it, and contain known and unknown risks, uncertainties and other factors. TDK Group therefore wishes to caution readers that, being subject to risks, uncertainties and other factors, TDK Group’s actual results, performance, achievements or financial positions could be materially different from any future results, performance, achievements or financial positions expressed or implied by these forward-looking statements, and TDK Group undertakes no obligation to publicly update or revise any forward-looking statements after the issue of this material except as provided for in applicable laws and ordinances.
The electronics markets in which TDK Group operates are highly susceptible to rapid changes. Risks, uncertainties and other factors that can have significant effects on TDK Group include, but are not limited to, shifts in technology, fluctuations in demand, prices, interest and foreign exchange rates, and changes in economic environments, conditions of competition, laws and regulations.