Koito reports Q1 2023 net sales at USD1.41 billion, up 5.22% y/y

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Financial results

Operating income for the quarter was down 58.95% y/y to JPY6.37 billion

Koito has reported Q1 2023 net sales at JPY193.44 billion (USD1.41 billion), up 5.22% year-on-year (y/y) from JPY183.91 billion from the previous year for three months ended 30 June, according to a filing by the company on 27 July.

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