Advanex Inc. · TSE:5998
Advanex — H1 FY2024 Earnings Presentation
11 slides from Advanex's earnings presentation, Nov 10, 2023
Slide 1: Results for the Six Months Ended September 30, 2023
Results for the Six Months Ended September 30, 2023 Nov 10, 2023 This datum is based on the data as of September 30, 2023. The opinion and forecast described here is based on our judgment at that time and may possibly be changed without notice.
Slide 2: Operating results and FY2024 earnings forecasts
1. Operating results for the Six months ended September 30, 2023 2. FY2024 earnings forecasts 1
Slide 3: Summary of Consolidated Financial Results for the Six Months Ended September 2023
1. Summary of Consolidated Financial results for the Six Months Ended September 2023 （Million yen） Change FY2023 2Q FY2024 2Q Change Ratio Amount Net Sales 11,882 13,238 1,355 11.4% Operating (186) 129 316 - Income Operating Income Margin (1.6%) 1.0% - - Ordinary 591 502 (88) (15.0%) Income Net Inco
Slide 4: Highlight
1. Highlight - Net sales increased year on year due to a recovery in automotive sales due to the easing of semiconductor shortages, the start of full-scale production for medical use at the new Tennessee factory in the U.S., and the effects of price increases and yen depreciation. - Operating income
Slide 5: Quarterly Transition of Sales and Income (Consolidated)
1. Quarterly Transition of Sales and Income(Consolidated) （Million yen） （Million yen） Net Sales(Left axis) Operationg Income(Right axis) 8,000 500 6,927 6,309 6,436 6,311 6,235 5,647 200 5,439 5,412 5,540 5,330 139 104 66 49 48 -21 -10 4,000 -72 0 -165 0 -500 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY22 FY23
Slide 6: Net Sales and Operating Income by Geographical Segment
1. Net Sales and Operating Income by Geographical Segment Net Sales（Left axis） Operating Income（Right axis） （Million yen） Japan Americas Europe Asia （Million yen） 6000 600 5,123 5,162 4,378 309 4500 4,180 224 300 70 40 3000 0 (14) (9) 2,162 (163) 1,535 1,368 1500 1,210 -300 (546) 0 -600 FY23 FY24 FY
Slide 7: Net Sales by Market
1. Net Sales by Market （Million yen） FY2023 2Q FY2024 2Q Amount Ratio % % Net Sales Net Sales Change Change Automotive 6,163 51.9% 7,184 54.3% 1,021 16.6% Medical and Healthcare 1,340 11.3% 1,955 14.8% 615 45.9% OA equipment 1,365 11.5% 1,164 8.8% (201) (14.7%) Aviation 396 3.3% 556 4.2% 160 40.4% P
Slide 8: Capital Investment, Depreciation Expense, Interest-bearing Debt
1. Capital Investment・Depreciation Expense・ Interest-bearing Debt 4,144 （Million Yen） Interest-bearing Debt （Include lease debt） （Million Yen） Capital investment 15,000 D/E ratio 14,359 Depreciation expense 12,846 2.9 11,192 11,194 10,839 10,079 2,350 2.2 8,361 2,191 8,177 2,084 2,037 7,480 1.8 7,05
Slide 9: 2. FY2024 earnings forecasts
1. Operating results for the Six months ended September 30, 2023 2. FY2024 earnings forecasts 8
Slide 10: FY2024 earnings forecast
2. FY2024 earnings forecast （Million yen） FY2023 FY2024 Change Change Ratio (Result) （Forecast） Amount Net Sales 24,628 25,000 +372 +1.5% Operating 400 +339 +552.8% 61 Income Operating Income Margin 0.2% 1.6% - - Ordinary 585 250 (335) (57.3%) Income Net Income Attribute to owners of 60 50 (10) (16.
Slide 11: Contact
（Contact） Advanex Inc. Corporate Planning Office TEL : 03 - 3822 – 5865 Email : tsutomu_kumaki@advanex.co.jp URL : http//www.advanex.co.jp