Röhm Full-Year Report 2023

During the fiscal year ended March 31, 2023, despite the expected rebound in economic activities globally following the end of China’s zero-COVID policy, the outlook for the global economy has become increasingly uncertain due to the protracted Russia-Ukraine conflict and financial turmoil amid rising interest rates worldwide, among other issues.

In terms of production, we have continued to take action to achieve total optimization, and we have also promoted the installation of labor-saving and automated production lines through “monozukuri (manufacturing) innovation.” In addition, we have made every effort to put in place a system to ensure the stable supply of our products to customers by improving productivity and increasing our production capacity to cope with growing demand.

As a result, boosted by the weakening of the Japanese yen, consolidated net sales for the fiscal year ended March 31, 2023 increased to 507,882 million yen, up 12.3% from the same period last year. Also, operating profit increased 29.2% from the same period last year to 92,316 million yen, and operating margin increased to 18.2% from 15.8%

Ordinary profit increased 32.7% from the prior year to 109,530 million yen due to an increase in operating profit and foreign exchange gains.

Profit attributable to owners of parent increased 20.3% from the prior year to 80,375 million yen.
Moreover, EBITDA, an accounting metric that we emphasize in the ROHM Group, was 148,456 million yen for the fiscal year ended March 31, 2023, up 30.8% from the prior year.

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