Ichikoh Industries reports FY 2021 net sales at USD1.09 billion, up 10.2% y/y
Company expects FY 2022 net sales to reach JPY138 billion
Ichikoh Industries, a Valeo company, has reported a 10.2% year-on-year (y/y) increase in net sales to JPY125.51 billion (USD1.09 billion) for the fiscal year ended 31 December 2021, according to a company press release on 14 February. Net income for the year was JPY3.9 billion, an increase of 39.4% y/y. The company also posted operating income of JPY5.5 billion, up 125.3% y/y.
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