Presentation Transcripts
Latest Update : Dec.9, 2022
Back to Financial Results (FY3/2023)
Investor Meeting Presentation for 2Q FY 3/2023 held on November 2, 2022
- Cover
- Today's Agenda
- Financial Results
- Summary of Consolidated Business Results for 2Q
- Summary of Consolidated Business Results for 1H
- Net Sales, Operating Income/ Margin
- 2Q Actual: Differences from the Forecast as of August
- Machined Components
- Electronic Devices & Components
- MITSUMI Business
- U-Shin Business
- Profit Attributable to Owners of the Parent / EPS
- Inventory
- Net Interest-bearing Debt / Free Cash Flow
- Forecast for Fiscal Year Ending March 31, 2023
- Forecast for Business Segment
- Business Update & Management Strategy
- 1H Results
- Acquired Drivers to Accelerate Organic Growth
- Products to Solve Social Issues Drive Growth
- Key Points of FY3/23 Forecast
- Machined Components
- Electronic Devices and Components
- MITSUMI Business (1)
- Further Growth of Analog Semiconductors
- [Reference] Analog Semi. Order Volume Trend
- MITSUMI Business (2)
- Further Growth of Connectors
- Direction of Connector Business
- U-Shin Business
- Access Product Share No.1 Strategy
- Estimate for Next Fiscal Year
- Progress on Announced M&As
- To Issue Green Bonds
- Dividends
- ESG Topics
- Forward-looking Statements
- Reference
Now let's look at the electronic devices & components segment.
Net sales increased 20.3% quarter on quarter to total 98.0 billion yen.
Looking at the results by product, we see that sales of motors decreased 13.8% quarter on quarter to reach 71.4 billion yen. Overall performance remained firm despite a slowdown in sales in the HDD market.
Sales of electronic devices were up 59.1% from the previous quarter to total 15.5 billion yen. This is due to sales increase of LED backlight.
Sales of sensing device, totaling 10.1 billion yen, were up 22.9% from the previous quarter.
Operating income came to 3.3 billion yen, and the operating margin was 3.3%. On a quarter-on-quarter basis, operating income increased 16.6 times while the operating margin increased 3.1 percentage points.
The results include a loss of 1.8 billion yen due to the special factor of foreign exchange effects noted earlier.
9page (total 46pages)
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