Q3 2022 Minebea Mitsumi Inc Earnings Call Transcript
Hello. This is Yoshida. Today, I would like to explain the consolidated financial results for the third quarter of the fiscal year ending March 31, 2022.
Consolidated net sales for the third quarter for the fiscal year ending March 31, 2022 was up 10.4% year-on-year and up 7.9% quarter-on-quarter to total JPY 304.345 billion. Operating income totaled JPY 25.532 billion (sic) JPY [25.832 billion], which was 32.1% up year-on-year and up 3.3% quarter-on-quarter. Profit for the period attributable to owners of the parent increased 4 point -- 14% year-on-year and decreased 9.8% quarter-on-quarter to JPY 18.395 billion. Net sales hit record high for the quarter. Also net sales operating income and quarterly profit all hit record highs for 9 months. We estimate that foreign currency translations have a year-on-year impact of plus JPY 16.3 billion in net sales and plus JPY 4.6 billion in operating income. Quarter-on-quarter impact was plus JPY 4.3 billion in net sales and
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