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FY2025 （ ending March 2025 ） TSE Prime Market Securities Code 3116 Date: January 31, 2025 3rd Quarter Financial Results
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Contents 2. FY2025 Financial Forecasts 1. 3rd Quarter FY2025 Financial Results 3. Appendix
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Contents 1. 3rd Quarter FY2025 Financial Results 2. FY2025 Financial Forecasts 3. Appendix
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3Q FY2024 3Q FY2025 YOY Change Revenue 14,711 100.0% 14,466 100.0% △244 △1.7% Operating Profit 767 5.2% 520 3.6% △247 △32.2% Profit before income taxes 793 5.4% 552 3.8% △241 △30.4% Profit* 421 2.9% 282 2.0% △138 △32.8% Foreign Exchange Rate USD 143 yen 153 yen + 9 yen EUR 155 yen 165 yen + 10 yen 1-1) 3rd Quarter FY2025 Financial Results Overview of Consolidated Financial Results Earnings per share 225.38 yen 158.44 yen - 1 Revenue Operating Profit Revenue decreased due to global decrease in volume despite favorable impacts from foreign exchange rate. Profit decreased due to strategic human capital investments for the future and increased overhead costs in addition to a decrease in volume, despite the impact of new products, cost reduction and foreign exchange rate. （100 million yen） *Profit Attributable to Owners of the Parent
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254 106 120 116 67 237 101 104 116 56 663 613 △50 △7.5% △17 △6.8% △6 △5.3% △0 △0.2% △11 △16.0% △16 △13.3% 2 1-2) 3rd Quarter FY2025 Financial Results Seat Production by Region Total By Region （10,000 Units） （10,000 Units） 3Q FY25 3Q FY24 YOY Change Pct Change Japan Europe& Africa China 3Q FY24 3Q FY25 The Americas Asia
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30 22 326 311 43 34 265 246 663 613 (4.5%) (3.6%) △7 <△24.5%> (49.1%) (50.6%) △15 <△4.7%> (6.5%) (5.6%) △9 <△21.1%> (39.9%) (40.1%) △18 <△6.9%> △50 <△7.5%> Volume & Model Mix YOY Change ＜Pct Change＞ △202 △90 86 △131 46 44 767 520 Forex impact with JPY+12 within the region+34 Consolidated adjustment etc.+44* 3 Changes in product prices△105 Wage up△19 Cost reduction+210 New product effects+55 Market price△124 Products mix etc.△21 Labor△63 Expenses△49 Depreciation△19 *Includes the impact of Inflation easing in Argentina 1-3) 3rd Quarter FY2025 Financial Results Consolidated Revenue & Operating Profit （100 million yen）Profit & Loss Operating Profit Variance Analysis （100 million yen）(10,000 units) 3Q FY253Q FY24 3Q FY24 3Q FY25 YOY Change Revenue 14,711 14,466 △ 244 Operating Profit 767 520 △ 247 Oper ating Pr ofit Ratio 5.2% 3.6% - Volume Model & Product Mix Effort to Offset Overhead Costs Others3Q FY24 3Q FY25 Foreign Exchange SUV・MPV Medium Compact Large (Component Ratio) Profit decreased due to strategic human capital investments for the future, increased overhead costs in addition to volume decrease, despite the impact of new products, cost reduction, and foreign exchange rate
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20 14 144 140 25 20 65 63 254 237 (8.0%) (6.1%) △6 <△29.8%> (56.6%) (59.1%) △4 <△2.6%> (9.7%) (8.3%) △5 <△20.9%> (25.6%) (26.5%) △2 <△3.6%> △17 <△6.8%> 4 △63 55 14 △96 6 △5 181 92 Consolidated adjustment etc.△5 New product effects+54 Market price△29 Products mix etc.+30 Labor△38 Expenses△41 Depreciation△17 Changes in product prices△38 Wage up△10 Cost reduction+62 Forex impact within the region+6 （100 million yen）Profit & Loss Volume & Model Mix Operating Profit Variance Analysis （100 million yen）(10,000 units) 3Q FY253Q FY24 Volume Model & Product Mix Effort to Offset Overhead Costs Others3Q FY24 3Q FY25 Foreign Exchange Profit decreased as volume decreased due to quality confirmation at customers’ sites in addition to strategic human capital investments for the future and an increased overhead costs despite new product effects and changes in the products mix SUV・MPV Medium Compact Large 3Q FY24 3Q FY25 YOY Change Revenue 7,065 6,939 △ 126 Operating Profit 181 92 △ 88 Oper ating Pr ofit Ratio 2.6% 1.3% - 1-3) 3rd Quarter FY2025 Financial Results Japan Revenue & Operating Profit
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82 75 24 25 106 101 (77.3%) (74.7%) △7 <△8.5%> (22.7%) (25.3%) +1 <+5.7%> △6 <△5.3%> △72 △61 27 △7 △2 56 0 △59 5 Changes in product prices△16 Wage up△2 Cost reduction+45 Forex impact with JPY△10 within the region+8 Consolidated adjustment etc.+56* Market price△57 Products mix etc.△4 Labor△12 Expenses＋5（100 million yen）Profit & Loss Volume & Model Mix Operating Profit Variance Analysis （100 million yen）(10,000 units) 3Q FY253Q FY24 Volume Model & Product Mix Effort to Offset Overhead Costs Others3Q FY24 3Q FY25 Foreign Exchange 1-3) 3rd Quarter FY2025 Financial Results The Americas Revenue & Operating Profit Profit decreased due to volume decrease caused by the impact of shutdown at the customer's site and an increase in market prices despite cost reduction Compact SUV・MPV *Includes the impact of Inflation easing in Argentina 3Q FY24 3Q FY25 YOY Change Revenue 3,468 3,520 52 Operating Profit 0 △59 △ 59 Oper ating Pr ofit Ratio 0.0% △1.7% -
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△49 1 11 △1 9 △2 195 164 8 7 37 35 18 14 58 48 120 104 (6.5%) (7.1%) △0 <△4.9%> (30.4%) (33.6%) △2 <△4.3%> (14.7%) (13.5%) △4 <△20.6%> (48.3%) (45.8%) △10 <△18.0%> △16 <△13.3%> Changes in product prices△37 Wage up△2 Cost reduction+50 6 Forex impact with JPY+8 within the region+1 Labor△2 Depreciation+1 Products mix etc.+1 Consolidated adjustment etc.△2 （100 million yen）Profit & Loss Volume & Model Mix Operating Profit Variance Analysis （100 million yen）(10,000 units) 3Q FY253Q FY24 Volume Model & Product Mix Effort to Offset Overhead Costs Others3Q FY24 3Q FY25 Foreign Exchange 1-3) 3rd Quarter FY2025 Financial Results China Revenue & Operating Profit Profit decreased due to volume decrease caused by the shift of the market towards BEVs* despite impacts of cost reductions and foreign exchange * BEV：Battery Electric Vehicle SUV・MPV Medium Compact Large 3Q FY24 3Q FY25 YOY Change Revenue 1,927 1,816 △ 110 Operating Profit 195 164 △ 31 Oper ating Pr ofit Ratio 10.2% 9.0% -
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△1 △17 20 △16 15 △10 291 282 7 Changes in product prices△10 Wage up△3 Cost reduction+33 Forex impact with JPY+13 within the region+2 54 54 1 1 61 62 116 116 (46.8%) (46.3%) △1 <△1.2%> (0.8%) (0.5%)△0 <△34.2%> (52.5%) (53.2%) +1 <+1.2%> △0 <△0.2%> Products mix etc.△17 Consolidated adjustment etc.△10 Labor△6 Expenses△8 Depreciation△2 （100 million yen）Profit & Loss Volume & Model Mix Operating Profit Variance Analysis （100 million yen）(10,000 units) 3Q FY253Q FY24 Volume Model & Product Mix Effort to Offset Overhead Costs Others3Q FY24 3Q FY25 Foreign Exchange 1-3) 3rd Quarter FY2025 Financial Results Asia Revenue & Operating Profit SUV・MPV Medium Compact Profit decreased due to changes in the products mix and increase in overhead costs despite cost reduction and foreign exchange impacts 3Q FY24 3Q FY25 YOY Change Revenue 2,076 2,156 80 Operating Profit 291 282 △ 9 Oper ating Pr ofit Ratio 14.1% 13.1% -
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1 1 9 7 57 49 67 56 (2.0%) (1.0%) △1 <△58.2%> (13.8%) (12.3%) △2 <△24.7%> (84.2%) (86.7%) △8 <△13.6%> △11 <△16.0%> △17 △68 14 △11 18 5 98 39 Consolidated adjustment etc.+5 8 Changes in product prices△4 Wage up△2 Cost reduction+20 Labor△5 Expenses△5 Depreciation△1 Forex impact with JPY＋1 within the region+17 New product effects+1 Market price△38 Products mix etc.△31 （100 million yen）Profit & Loss Volume & Model Mix Operating Profit Variance Analysis （100 million yen）(10,000 units) 3Q FY253Q FY24 Volume Model & Product Mix Effort to Offset Overhead Costs Others3Q FY24 3Q FY25 Foreign Exchange SUV・MPV Compact Large Profit decreased due to impacts of volume decrease and market prices, as well as changes in the products mix despite cost reduction and foreign exchange impacts 1-3) 3rd Quarter FY2025 Financial Results Europe & Africa Revenue & Operating Profit 3Q FY24 3Q FY25 YOY Change Revenue 1,003 874 △ 128 Operating Profit 98 39 △ 58 Oper ating Pr ofit Ratio 9.8% 4.5% -
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Contents 1. 3rd Quarter FY2025 Financial Results 2. FY2025 Financial Forecasts 3. Appendix
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Earnings per share 315.17 yen 240.86 yen - 9 FY2024 Actual FY2025 Forecast YOY Change Revenue 19,536 100.0% 18,700 100.0% △836 △4.3% Operating Profit 792 4.1% 680 3.6% △112 △14.2% Profit before income taxes 880 4.5% 690 3.7% △190 △21.6% Profit*1 585 3.0% 430 2.3% △155 △26.5% Foreign Exchange Rate USD 145 yen 151 yen + 6 yen EUR 157 yen 164 yen + 7 yen FY25 Forecast (2Q Announced) 18,700 100.0% 680 3.6% 690 3.7% 430 2.3% 240.86 yen 147 yen 161 yen Lower revenue is expected as volume decrease globally *1 Profit Attributable to Owners of the Parent, *2 Reflected the finalization of the provisional accounting treatment for business combinations (100 million yen) 2-1) FY2025 Financial Forecasts Overview of Consolidated Financial Results Revenue Operating Profit Lower profits due to volume decrease in addition to strategic human capital investments for future growth and an increase in overhead costs despite impacts of new product effects and cost reduction from profit improvement activities *2 *2 *2
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328 142 147 154 86 320 130 125 150 75 857 800 △57 △6.7% △8 △2.5% △12 △8.5% △4 △2.5% △11 △13.3% △22 △14.8% 10 2-2) FY2025 Financial Forecasts Seat Production by Region Japan Europe& Africa China FY24 Actual FY25 Forecast The Americas Asia Total By Region YOY Change Pct Change （10,000 Units） （10,000 Units） FY25 Forecast FY24 Actual
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37 420 53 346 857 800 (40.4%) (6.2%) (49.0%) (4.4%) △ 57 <△6.7%> △230 △13 133 △148 32 36 870 680 Changes in product prices△163 Wage up△34 Cost reduction+330 Forex impact with JPY+13 within the region+19 11 792 New product effects+65 Market price△171 Products mix etc.+93 Labor△78 Expenses△46 Depreciation△24 2-3) FY2025 Financial Forecasts Consolidated Revenue & Operating Profit exc. constitutional strengthening costs FY25 Forecast FY24 Actual Volume Model & Product Mix Effort to Offset Overhead Costs OthersForeign Exchange SUV・MPV Medium Compact Large FY24 Actual FY25 Forecast FY24 Actual FY25 Forecast YOY Change Revenue 19,536 18,700 △ 836 Operating Profit 792 680 △ 112 Operating Profit Ratio 4.1% 3.6% - （100 million yen）Profit & Loss Volume & Model Mix Operating Profit Variance Analysis （100 million yen）(10,000 units) Lower profits due to volume decrease in addition to strategic human capital investments for future growth and an increase in overhead costs despite impacts of new product effects and cost reduction from profit improvement activities
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12 2Q announced 3Q announced Difference Total Internal efforts Environmental changes FY24 Actual (exc. Constitutional strengthening costs) 864 870 +6 - +6 Volume △230 △230 - Mix △10 △13 △3 +4 △7 Cost Reduction 125 133 +8 +8 Expenses △158 △148 +10 +10 Foreign Exchange 23 32 +9 +9 Others 66 36 △30 △15 △15 FY25 Forecast 680 680 - +7 △7 2-3) FY2025 Financial Forecasts Comparison with the Previous Forecast （100 million yen） * *Reflected the finalization of the provisional accounting treatment for business combinations
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FY24 Actual FY25 Forecast YOY Change Revenue 9,228 9,200 △ 28 Operating Profit 106 110 3 Operating Profit Ratio 1.2% 1.2% - 110 32 142 130 (184) 13 (77.5%) (22.5%) △ 12 <△8.5%> (△74) 2-4) FY2025 Financial Forecasts Revenue & Operating Profit by Region Japan (10,000 units)Volume & Model Mix Volume & Model Mix (10,000 units) The Americas FY25 Forecast FY24 Actual Profit & Loss （100 million yen） Profit & Loss （100 million yen） FY25 Forecast FY24 Actual ()exc. constitutional strengthening costs Profit to be the same level due to new product effects, changes in the products mix and constitutional strengthening costs in the previous year despite an increase in overhead costs SUV・MPV Large Medium Compact Lower profit due to volume decrease and increased overhead costs from launch of a new plant despite positive effects of profit improvement activity Compact SUV・MPV FY24 Actual FY25 Forecast YOY Change Revenue 5,003 4,600 △ 403 Operating Profit 6 0 △ 6 Operating Profit Ratio 0.1% 0.0% - 27 184 32 85 328 320 (8.2%) (55.9%) (9.9%) (26.0%) △8 <△2.5%>
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9 45 20 73 147 125 14 2-4) FY2025 Financial Forecasts Revenue & Operating Profit by Region (10,000 units)Volume & Model Mix Volume & Model Mix (10,000 units) FY25 Forecast FY24 Actual FY25 Forecast FY24 Actual SUV・MPV Large Medium Compact SUV・MPV Medium Compact AsiaChina Lower profit due to volume decrease caused by the shift of the market towards BEVs despite cost reduction Profit to be the same level due to production decrease in Thailand, changes in the products mix and an increase in overhead costs despite volume increase from sales promotion in India and cost reduction FY24 Actual FY25 Forecast YOY Change Revenue 2,362 2,200 △ 162 Operating Profit 184 150 △ 34 Operating Profit Ratio 7.8% 6.8% - FY24 Actual FY25 Forecast YOY Change Revenue 2,739 2,700 △ 39 Operating Profit 375 370 △ 5 Operating Profit Ratio 13.7% 13.7% - Profit & Loss （100 million yen） Profit & Loss （100 million yen） (6.0%) (30.7%) (13.7%) (49.6%) △22 <△14.8%> 71 1 82 154 150 (45.9%) (0.7%) (53.4%) △4 <△2.5%>
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15 2 11 74 86 75 (1.9%) (12.6%) (85.5%) △ 11 <△13.3%> 2-4) FY2025 Financial Forecasts Revenue & Operating Profit by Region (10,000 units)Volume & Model Mix FY24 Actual FY25 Forecast YOY Change Revenue 1,312 1,100 △ 212 Operating Profit 119 50 △ 69 Operating Profit Ratio 9.1% 4.5% - Profit & Loss （100 million yen） Europe & Africa SUV・MPV Compact Large FY25 Forecast FY24 Actual Lower profit due to volume decrease as well as impacts of rising labor costs and an increase in overhead costs despite cost reduction
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1st Half 2nd Half Full Year Japan 4,530 4,669 9,200 The Americas 2,408 2,191 4,600 China 1,126 1,073 2,200 Asia 1,400 1,299 2,700 Europe & Africa 574 525 1,100 1st Half 2nd Half Full Year Japan 37 0.8% 72 1.6% 110 1.2% The Americas △3 △0.1% 3 0.2% 0 0.0% China 98 8.7% 51 4.8% 150 6.8% Asia 182 13.1% 187 14.4% 370 13.7% Europe & Africa 22 3.9% 27 5.3% 50 4.5% Total 9,481 9,218 18,700 Total 338 3.6% 341 3.7% 680 3.6% 16 （100 million yen） （100 million yen） Revenue Operating Profit 2-5) FY2025 Financial Forecasts 1st/2nd Half by Region
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17 ■Annual plan is 86 yen, with an interim dividend of 43 yen and a year-end dividend of 43 yen ■Aim to provide long-term stable profit return based on consolidated performance, dividend payout ratio and DOE 3% or more 54 25 28 28 10 32 35 43 43 29 28 26 35 32 35 43 43 427 215 247 311 392 146 585 430 711 580 477 571 602 476 792 680 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 (FCST) Dividends(￥) Operating Profit(100 million yen) Profit Attributable to Owners of the Parent (100 million yen) JGAAP IFRS 56 86 54 45 64 70 86 2-6) FY2025 Financial Forecasts Returning to Shareholders Interim FY-end (including special dividends of ¥3) Trends in dividends, operating profit, &profit attributable to owners of the parent
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18 【Annual Forecast】 ・The annual forecast remains unchanged from the previous announcement considering the uncertainty regarding the outlook of the external environment ・The entire company will continue to collaborate to enhance profitability and competitiveness by intensifying further internal efforts, including profit securing measures ・To achieve the target of 2030 Mid-term Business Plan, upfront investments such as expanding sales to new customers, strategic human capital investment and R&D will be executed efficiently with prioritization 【3Q Results】 ・Operating profit progressed at a pace exceeding the previous forecast as actual volume resulted higher than our original forecast in China as well as measures to secure profitability including streamlined expenses 2-7) Concluding 3rd Quarter FY2025 Financial Results
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2. FY2025 Financial Forecasts 1. 3rd Quarter FY2025 Financial Results Contents 3. Appendix
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19 3,542 2,978 3,828 3,865 3,503 4,114 4,073 4,348 4,754 4,885 5,071 4,824 4,880 4,601 4,985 4,233 189 153 195 195 177 201 199 207 217 218 228 194 200 198 216 187 0 110 220 0 4,000 8,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 177 64 182 178 34 94 157 190 221 274 271 25 166 171 181 159 5.0% 2.2% 4.8% 4.6% 1.0% 2.3% 3.9% 4.4% 4.7% 5.6% 5.3% 0.5% 3.4% 3.7% 3.6% 3.8% 0 150 300 450 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Seat Assembly Production / Revenue Operating Profit / Operating Profit Ratio Appendix1) Quarterly Trends: Consolidated volume, revenue, operating profit, operating profit ratio Seat Assembly Production Revenue (10,000 units)(100 million yen) (100 million yen) Impact of constitutional strengthening costs etc. Operating Profit Operating Profit Ratio FY2022 FY2023 FY2024 FY2025 FY2022 FY2023 FY2024 FY2025
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20 43 13 23 15 △62 △18 △2 199 34 98 48 △74 9 27 55 17 2.3% 0.9% 1.4% 0.9% △4.2% △1.0%△0.1% 8.8% 1.5% 4.2% 2.0% △3.4% 0.4% 1.2% 2.3% 0.8% △150 0 150 300 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1,885 1,542 1,764 1,815 1,505 1,749 1,808 2,265 2,290 2,333 2,440 2,162 2,242 2,288 2,408 2,260 75 62 68 67 59 69 68 80 83 85 86 74 75 77 84 83 0 50 100 0 2,000 4,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Seat Assembly Production / Revenue Operating Profit / Operating Profit Ratio (10,000 units)(100 million yen) (100 million yen) FY2022 FY2023 FY2024 FY2025 FY2022 FY2023 FY2024 FY2025 Impact of constitutional strengthening costs etc. Impact of APA Appendix2) Quarterly Trends: Japan volume, revenue, operating profit, operating profit ratio
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786 672 854 863 896 1,070 881 1,039 1,149 1,194 1,123 1,535 1,381 1,026 1,112 1,079 35 27 29 30 32 33 30 32 35 35 36 36 37 31 33 29 (10) 15 40 0 1,000 2,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 24 △5 △6 18 △5 25 △24 △7 19 △5 △13 6 21 △25 △55 59 3.1% △0.8% △0.8% 2.1% △0.6% 2.4% △2.8% △0.7% 1.7% △0.5% △1.2% 0.4% 1.6% △2.5% △5.0% 5.5% △60 15 90 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 21 0 Seat Assembly Production / Revenue Operating Profit / Operating Profit Ratio (10,000 units)(100 million yen) (100 million yen) FY2022 FY2023 FY2024 FY2025 FY2022 FY2023 FY2024 FY2025 Appendix3) Quarterly Trends: The Americas volume, revenue, operating profit, operating profit ratio
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40 7 67 42 46 58 66 40 56 55 83 △10 24 74 65 △14 9.0% 1.7% 10.5% 7.1% 7.8% 8.7% 10.6% 7.4% 9.0% 9.3% 12.0% △2.5% 4.6% 12.4% 9.5% △3.7% △50 25 100 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 445 428 646 600 595 673 628 548 628 599 699 434 530 595 690 383 36 30 43 39 39 44 40 34 40 38 43 27 30 33 41 21 0 25 50 0 1,000 2,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 22 Seat Assembly Production / Revenue Operating Profit / Operating Profit Ratio (10,000 units)(100 million yen) (100 million yen) FY2022 FY2023 FY2024 FY2025 FY2022 FY2023 FY2024 FY2025 Appendix4) Quarterly Trends: China volume, revenue, operating profit, operating profit ratio
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417 401 528 556 525 634 697 638 624 722 729 663 693 706 756 543 23 21 32 34 29 35 39 40 35 40 40 38 38 40 38 34 0 25 50 0 1,000 2,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 23 57 59 76 72 60 80 85 △86 74 103 114 83 92 89 99 87 13.8% 14.9% 14.6% 13.1% 11.6% 12.6% 12.3% △13.5% 11.9% 14.3% 15.7% 12.6% 13.4% 12.7% 13.1% 16.2% △100 0 100 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Seat Assembly Production / Revenue Operating Profit / Operating Profit Ratio (10,000 units)(100 million yen) (100 million yen) FY2022 FY2023 FY2024 FY2025 FY2022 FY2023 FY2024 FY2025 Impact of APA Appendix5) Quarterly Trends: Asia volume, revenue, operating profit, operating profit ratio
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232 166 258 306 216 247 322 296 335 309 358 309 309 264 300 225 20 13 22 23 18 20 23 21 24 20 23 19 19 18 19 19 0 20 40 0 500 1,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 24 12 △9 20 29 △6 △51 32 44 36 23 38 20 17 4 17 10 5.6% △5.8% 7.9% 9.6% △2.9% △21.0% 10.1% 15.0% 10.9% 7.7% 10.6% 6.8% 5.8% 1.6% 5.8% 4.6% △75 △45 △15 15 45 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Seat Assembly Production / Revenue Operating Profit / Operating Profit Ratio (10,000 units)(100 million yen) (100 million yen) FY2022 FY2023 FY2024 FY2025 FY2022 FY2023 FY2024 FY2025 Impacts of costs related to ending Russian business Appendix6) Quarterly Trends: Europe & Africa volume, revenue, operating profit, operating profit ratio
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<Disclaimer> This report contains forecasts and expectations that relate to future plans and strategies in addition to the expected financial results of the Toyota Boshoku Corporation and the Toyota Boshoku group. Within are estimates based on assumptions and opinions that have been formed by the company from the information available at the time of writing. They involve risks and uncertainties. Accordingly, actual results may differ from the company's forecasts.