Results of Operations
for the Second Quarter of the Fiscal Year Ending March 31, 2022
C. Uyemura & Co., Ltd.
Second Section of the Tokyo Stock Exchange（Stock Code：4966）
November 30, 2021
2021/11/30 | © C. Uyemura & Co., Ltd. All Rights Reserved. | 1 |
Overview of Consolidated Financial Results
for the Second Quarter of the Fiscal Year Ending March 31, 2022
Period under review
In Japan (2 companies): April-September / Overseas (10 companies): January-June
- Surface finishing materials business
- Sales of mainstay plating chemicals for printed wiring boards (PWBs) and package PWBs remained strong, thanks to an increase in 5G and semiconductor market demand.
- Surface finishing machinery business
- Sales of general-purpose surface finishing machinery declined although demand for semiconductors and electronic components remained firm.
- Plating job business
- The business environment remained challenging with the persistent slowdown of the automotive industry in Thailand and Indonesia due to the spread of COVID-19.
- Plating job operations for PWBs in Taiwan continued to show strong performance.
2021/11/30 | © C. Uyemura & Co., Ltd. All Rights Reserved. | 2 |
Q2 FY3/22 Financial Results
Sales | Operating profit | Ordinary profit | Net income | |||||||||||||||||||||||||
Millions of yen | Millions of yen | Millions of yen | Millions of yen | |||||||||||||||||||||||||
40,000 | 8,000 | 8,000 | 8,000 | |||||||||||||||||||||||||
33,027 | 6,226 | 6,559 | ||||||||||||||||||||||||||
30,000 | 26,319 | 6,000 | 6,000 | 6,000 | ||||||||||||||||||||||||
4,003 | 4,543 | |||||||||||||||||||||||||||
20,000 | 4,000 | 3,799 | 4,000 | 4,000 | ||||||||||||||||||||||||
2,920 | ||||||||||||||||||||||||||||
10,000 | 2,000 | 2,000 | 2,000 | |||||||||||||||||||||||||
0 | 0 | 0 | 0 | |||||||||||||||||||||||||
Q2 | Q2 | |||||||||||||||||||||||||||
Q2 | Q2 | Q2 | Q2 | Q2 | Q2 | |||||||||||||||||||||||
FY3/21 | FY3/22 | FY3/21 | FY3/22 | FY3/21 | FY3/22 | FY3/21 | FY3/22 | |||||||||||||||||||||
Millions of yen | Q2 FY3/21 | Q2 FY3/22 | Q2 FY3/22 | YoY change | Vs. Initial | |||||||||||||||||||||||
Results | Forecast | Results | forecast | |||||||||||||||||||||||||
Sales | 26,319 | 25,700 | 33,027 | +6,708 | +7,327 | |||||||||||||||||||||||
(+25.5%) | (+28.5%) | |||||||||||||||||||||||||||
Operating profit | 3,799 | 4,000 | 6,226 | +2,427 | +2,226 | |||||||||||||||||||||||
(+63.9%) | (+55.7%) | |||||||||||||||||||||||||||
Ordinary profit | 4,003 | 4,100 | 6,559 | +2,556 | +2,459 | |||||||||||||||||||||||
(+63.9%) | (+60.0%) | |||||||||||||||||||||||||||
Net income | 2,920 | 3,000 | 4,543 | +1,623 | +1,543 | |||||||||||||||||||||||
(+55.6%) | (+51.4%) | |||||||||||||||||||||||||||
Exchange rate: $US | 108.23 yen | 107.94 yen | 107.82 yen | +0.41 yen | +0.12 yen | |||||||||||||||||||||||
2021/11/30 | © C. Uyemura & Co., Ltd. All Rights Reserved. | 3 |
Quarterly Results
20,000
yen） | 16,000 |
Million of | |
12,000 | |
profit（ | |
Operating& | 8,000 |
Sales | 4,000 |
0 |
Sales | Operating profit | Operating profit margin | 30.0% | ||||||
17,267 | |||||||||
14,869 | 15,486 | 15,760 | 25.0% | ||||||
14,140 | |||||||||
14,018 | |||||||||
12,572 | 13,017 | 12,301 | 19.1% | 19.8% | 20.0% |
11,763
15.7% | 15.5% | 19.3% | |
15.9% | 17.8% | ||
15.0% | |||
14.4% | 13.1% | ||
11.9% | |||
10.0% |
2,729 | 2,962 | 2,804 | 3,422 |
5.0% |
1,980 | 2,015 | 2,144 | 1,961 | 1,837 |
1,400 |
0.0%
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 |
FY3/20 | FY3/21 | FY3/22 |
Operating profit margin（%）
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Changes in Operating profit
Improvement in the cost of sales ratio
Increase in gross
profit due to 664 higher sales
2,178
3,799
Millions of yen | ||||
Increase in | Decrease in | Effects of | ||
SG&A expenses | Increase in | other operating | foreign | |
-416 | R&D expenses | expenses | exchange rates | |
237 | -204 | |||
-32 | ||||
6,226
+¥2,427 million
Q2 | Q2 |
FY3/21 | FY3/22 |
2021/11/30 | © C. Uyemura & Co., Ltd. All Rights Reserved. | 5 |
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