KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (TOKYO:6971) today announced its consolidated financial results for the fiscal year ended March 31, 2023 (“fiscal year 2023” or the “period”), as summarized below. Complete details are available at: https://global.kyocera.com/ir/library/f_results.html
Consolidated Results: Year-Over-Year
| Unit: Millions (except percentages and per-share amounts) | ||||||
| Year Ended March 31, | ||||||
| 2022 (FY22) in JPY | 2023 (FY23) in JPY | Change | 2023 (FY23) in USD | 2023 (FY23) in EUR | ||
| Amount in JPY | % | |||||
| Sales revenue: | 1,838,938 | 2,025,332 | 186,394 | 10.1 | 15,114 | 13,872 |
| Operating profit: | 148,910 | 128,517 | (20,393) | (13.7) | 959 | 880 |
| Profit before income taxes: | 198,947 | 176,192 | (22,755) | (11.4) | 1,315 | 1,207 |
| Profit attributable to owners of the parent: | 148,414 | 127,988 | (20,426) | (13.8) | 955 | 877 |
| Earnings per share attributable to owners of the parent (basic): | 411.15 | 356.60 | － | － | 2.66 | 2.44 |
| Note on exchange rates: U.S. dollar (USD) and euro (EUR) conversions are provided above as a convenience to the reader, based on the rates of USD1 = JPY134 and EUR1 = JPY146, rounded to the nearest unit (as of March 31, 2023) | ||||||
Summary
During this period, the economic environment was characterized by unforeseen geopolitical instability, inflation, rising interest rates, and substantial depreciation in the value of the Japanese yen in relation to other major currencies. The global economy began to exhibit signs of a slowdown during the fiscal year ended March 31, 2023.