TBK Co., Ltd.TSE: 7277

TBK: FY2021 consolidated financial results

· Issued by TBK Co., Ltd.

FINANCIAL

RESULTS BRIEFING

(FY2021)

June 2,2022

TBK Co.,Ltd.

(Security Code︓7277)

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Agenda

Ⅰ . Overall Summary

Ⅱ. FY2021 Achievement

Ⅲ. FY2022 Full-year Outlook

【Speakers】

CEO︓Kaoru Ogata

Executive officer ︓Masahiko Kuramura

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Ⅰ . Overall Summary

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Overall Summary

  1. FY2021 Achievement
    • Delay of parts supply from vehicle manufacturers/Lack of semiconductors
    • Reduction of demand due to stagnation of Chinese economy
    • Overall sales are at the same level before the spread of covid-19
    • Soaring raw material prices and logistics costs
    • Deterioration of profits in North America business
  2. FY2022 Full-year Outlook
    • Market remains uncertain because of Shanghai Lockdown
    • Soaring energy costs caused by Russia Ukraine crisis and further deterioration of raw materials market condition
    • Improving performance of North America business
    • Emergency profit measures about domestic business, commence drastic reorganization

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Ⅱ. FY2021 Achievement

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