Ichikoh reports Q1 2022 net sales at USD260.59 million, down 8.52% y/y

Financial results

Operating income for Auto Components business was down 65.3% y/y

Ichikoh has reported first quarter net sales at JPY31.78 billion (USD260.59 million) with a year-on-year (y/y) decrease of 8.52% compared to JPY34.74 billion in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 12 May.

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