Consolidated Financial Result Briefing
for the six months ended September 30, 2024
CYBERDYNE, Inc. November 14, 2024
Consolidated financial statements
2
Consolidated six months results summary (IFRS)
Unit: Millions of yen | ||||
FY2023 H1 | FY2024 H1 | YoY +/- | YoY +/- % | |
Revenue | 2,104 | 2,143 | +39 | +1.9％ |
Core operating profit (loss)* | (683) | (466) | +217 | ー |
Operating profit (loss) | (1,317) | (497) | +819 | ー |
Profit (loss) before tax | (180) | (215) | (35) | ー |
Profit (loss) attributable to | (603) | (305) | +297 | ー |
owners of parent |
Revenue | 2,143 Million |
+39M (+1.9%) YoY | |
Core operating profit | -466 Million |
+217 Million YoY | |
Profit (loss) before tax | 215 Million |
-35 Million YoY | |
- Treatment service (US RHG etc.) +144M (Business+63, exchange difference+81)
- Rental products -26M (Japan+13, outside Japan-69, exchange difference+30)
- New business (Contracted development of semiconductor subsidiaries, etc. -79M (business-103, exchange difference+24)
- Treatment service (US RHG etc.) + 184M
- Rental products -89M (Japan -25M, outside Japan -64M)
- New business (three subsidiaries) +14M
- Improvement of RD expenses,・head office expenses +108M
- Operating income difference +819M
- Finance income/expenses and profit or loss related to CEJ Fund YoY -842M (FY2024 +293 - FY2023 +1136 = -842)
- Decrease in investment accounted for using the equity method -12M
- Core operating income = operating income - non-recurring gains/losses (permanent exchange rate = foreign exchange gains/losses due to deviation from the previous year's average, one-time gains/losses such as impairment).
- Foreign exchange gain: +1 million yen and write-down of old product inventory due to product improvement: -33 million yen
3
Consolidated fnancial results: Revenue/Operating proft
Increase in revenues and loss improvement in treatment services, etc., such as RHG in the U.S.
Unit: Millions of yen | |||||||||||
FY2023 H1 | FY2024 H1 | YoY +/- | YoY +/- % | ||||||||
Product rental | Revenue | 858 | 832 | -26 | -3% | ||||||
Operating profit (margin%) | 406 (47%) | 333 (40%) | -73 | -18% | |||||||
Treatment service | Revenue | 802 | 946 | +144 | +18% | ||||||
Operating profit (margin%) | -236 (-28%) | -62 (-7%) | +174 | - | |||||||
New business | Revenue | 444 | 365 | -79 | -18% | ||||||
expansion | Operating profit (margin%) | -175 (-20%) | -170 (-47%) | +5 | - | ||||||
RD expenses and head | Adjusted amount | -1,311 | -598 | +713 | - | ||||||
office expenses | |||||||||||
Consolidated total | Revenue | 2,104 | 2,143 | +39 | +2% | ||||||
(IFRS) | Operating profit (margin%) | -1,317 (-63%) | -497 (-23%) | +819 | - | ||||||
- Operating income by business segment is the amount of proft or loss, which is revenue minus operating expenses, for each business.
- RD expenses and head offce expenses are adjustment amounts of R&D expenses, head offce administrative expenses, other income and expenses, etc.
- Rental of product: Rental income from the Group's product (include income from sold products)
- Treatment service: Income from treatment at the Group's rehabilitation facilities (including Robocare)
- New business expansion: Revenue from new business area of the Group (subsidiary company in mobility and sleep apps)
4
Revenue by geographical regions and type of transaction
Increase in rental for Japan and treatment service in US RHG
Unit: Millions of yen | ||||||
Top: 2024 H1 | ||||||
Bottom: (2023 H1) | ||||||
Type | Japan | EMEA | APAC | AMER | Total | YoY |
Product rental | 456 | 137 | 220 | 19 | 832 | -26 |
(442) | (154) | (224) | (37) | (858) | (-3%) | |
Treatment service | 63 | 21 | 0 | 862 | 946 | +144 |
(75) | (24) | (0) | (703) | (802) | (+18%) | |
New business expansion | 144 | 220 | 0 | 0 | 365 | -79 |
(211) | (232) | (0) | (0) | (444) | (-18%) | |
Total | 663 | 379 | 220 | 880 | 2,143 | +39 |
(729) | (410) | (224) | (740) | (2,104) | (+2%) | |
YoY | -66 | -31 | -4 | +140 | ||
(-9%) | (-8%) | (-2%) | (19%) |
AMER: North, Central and South America
EMEA : Europe, the Middle East and Africa
APAC : Asia-Pacifc * Revenue from Japan is stated separately
5
Rental revenue by each products
Increase of rental of HAL for Medical Use Lower Limb Type in Japan
Unit: Millions of yen
Top: 2024 H1
Bottom: (2023 H1)
Type of products | Japan | Outside Japan | Total | |||
HAL Lower Limb Type | 183 | 268 | 450 | |||
(Medical) | (163) | (261) | (424) | |||
Cybernics Treatment | HAL Lower Limb Type | 80 | 0 | 80 | ||
(Functional Improvement/ | ||||||
regeneration) | (Non-Medical) | (79) | (0) | (79) | ||
HAL Single Joint Type | 44 | 52 | 96 | |||
(45) | (49) | (94) | ||||
Care and Well-being | HAL Lumbar Type | 51 | 43 | 95 | ||
support | (55) | (51) | (106) | |||
HAL Lumbar Type | 19 | 0 | 19 | |||
Labor support | (22) | (0) | (22) | |||
Mobility Robot | 39 | 0 | 39 | |||
(CL02 etc.) | (53) | (0) | (53) | |||
Other | 41 | 13 | 54 | |||
(Acoustic X, HAL Peripherals, Consumables) | (27) | (54) | (80) | |||
Total | 456 | 376 | 832 | |||
(442) | (415) | (858) |
6
Outline of the business
7
Realization of "Techno-peer Support Society"
A future society where people and technology coexists, cooperates and mutually support each other
For wide variety of people faced with health, physical function, cognitive and psychological problems
A safe and secure society (well-being society) where people of all generations can increase their independence, freedom and solve various problems in their lives
Social reformation realized by technology
Brain
Technology
Peer
Society
1.0
Society |
2.0 |
Society |
3.0 |
Society |
4.0 |
Future society where people and technology coexists, cooperates and mutually support each other
Society 5.0/5.1
Technology further promotes healthier lives・・・Hyper-aging society
Physical space | Cyber space | Cybernics Space | ||
Fusion of "Human" and "Cyber/Physical space" using Cybernics Technology!
- Create "Cybernics Industry", a new industry that follows Robot and IT Industry
8
Cybernics Technology: Innovative core technology of Cybernics Industry
Cybernics: Fuses and combines humans, AI-Robots and Information Systems
*Cybernics: Science and technology in cutting-edge areas that combine different fields such as brain/neuroscience, physiology, artificial intelligence (AI), robotics, information technology (IT), psychology, economy and innovation with a focus on Human, AI-robots and Information Systems to realize the fusion of bio/medical technologies and AI, robotics and information technologies.
(Reference)
The Cabinet Office's FIRST, ImPACT, and SIP programs address Cybernics as pioneering cutting-edge innovative science and technology areas
9
Business in the integrated space of "Human" + "Cyber/Physical Space"
Improving the well-being of seniors and people with disability
HCPS Human Collaborative Robotics
Cybernics Space
Fusion of "Human" + "Cyber/Physical Space"
Improving the well-being through supporting and supervising solutions
HCPS Human Collaborative Robotics
Towards the 5th Industrial Revolutions!
"Human"+"Cyber/Physical Space"
HCPS Fusion Technology Cybernics Industry
that will follow Robot and IT Industry
Prevention/Early Detection/Medical&Healthcare
Improving well-being of seniors and people with disability
Improving well-being through supervising and live support solutions
Prevention, early detection and medical/healthcare
HCPS Human Collaborative Robotics
Cybernics Space
Fusion of "Human" + "Cyber/Physical Space"
Work support and improving effciency through AI automation
HCPS Human Collaborative Robotics
Work support and improving effciency through AI automation | ||||
Cybernics Space | ||||
Cybernics Space | ||||
Fusion of "Human" + "Cyber/Physical Space" | ||||
Fusion of "Human" + "Cyber/Physical Space" | ||||
10