FY 2024
2Q Financial Material
Daitron Co., Ltd.
Securities Code: 7609
Outline of Consolidated Settlement of Accounts （performance results and earnings forecasts)
2
Quarterly Performance Change
■ 2Q cumulative performance
■ Operating income ¥ 2,660 mil.
（76.5% y/y）
Net Sales ¥44,775 mil.
（ 97.6% y/y）
■ Ordinary income | ¥ 2,826 mil. | |
■ Net income* | （79.9% | y/y） |
¥ 1,884 mil. | ||
（80.0% | y/y） |
Graph of quarterly performance change
Net Sales
（mil. yen） | 23,898 | 23,679 |
21,412 | 22,400 | 21,095 |
23/2Q 23/3Q 23/4Q 24/1Q 24/2Q
Operating income | Ordinary income | Net income * | ||||||||||||
1,531 | 1,643 | |||||||||||||
1,332 | 1,394 | 1,287 | ||||||||||||
1,255 1,214 | ||||||||||||||
1,193 1,183 | ||||||||||||||
1,108 | 1,115 | |||||||||||||
922 | 860 | |||||||||||||
799 | 769 | |||||||||||||
23/2Q | 23/3Q | 23/4Q | 24/1Q | 24/2Q | 23/2Q | 23/3Q | 23/4Q | 24/1Q | 24/2Q | 23/2Q | 23/3Q | 23/4Q | 24/1Q | 24/2Q |
* Net income attributable to owners of parent
3
Product Segment Quarterly Performance Change
Electronic Equipment & Components
Manufacturing Equipment
22,000
(mil. yen)
20,000
18,000
16,028
272
16,000 330
701
14,000
12,000 5,036
10,000
595
8,000 1,323
1,631
6,000
4,000
18,687 | 17,352 | ||||||
258 | 17,242 | 17,242 | |||||
16,376 | 990 | 17,084 | 345 | 16,840 | |||
146 | 229 | 426 | |||||
418 | 902 | 946 | 1,178 | 1,939 | 943 | 265 | |
801 | 1,246 | ||||||
740 | 842 | 934 | 1,116 | ||||
620 | 5,661 | 812 | |||||
4,876 | |||||||
4,612 | 4,901 | 5,408 | 5,196 | 5,472 | |||
756 | |||||||
624 | 775 | 840 | |||||
2,049 | 924 | ||||||
1,967 | 806 | ||||||
1,476 | 2,042 | 850 | |||||
1,998 | 1,484 | ||||||
1,791 | 2,008 | 2,049 | 1,450 | ||||
1,865 | 1,460 | 1,389 | |||||
1,465 |
22,000
20,000
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
(mil. yen)
7,095 | |||
5,667 | 1,398 | 5,759 | |
669 | 1,906 | 836 | 4,170 |
2,247 | 1,593 | 826 |
6,544 | 6,839 | ||
1,150 | |||
5,316 | 1,685 | ||
1,049 | 1,572 | 3,853 | 2,086 |
632 |
6,140 | 6,034 | 6,063 | 5,743 | 5,187 | 4,961 | 5,179 | 5,366 | |
2,000 | ||||||||
0 | ||||||||
2,000
0
3,791 | 1,351 | |
2,751 | 3,330 | |
1,993 | ||
2,579 | 1,444 |
3,287 | |
3,603 | |
1,688 | 1,777 |
3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 |
Electronic Components & Assembly Products Semiconductors Embedded System
Power Supply Equipment | Image-Related | Equipment & Components | ||||||||
I | formation System | Green Facility | Othe | |||||||
n | rElectronic Equipment and Components | |||||||||
3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | ||||||||
S | emiconductor/FPD Manufacturing Equipmen | t | Other Manufacturing Equipment | ||||||||||||
Electronic Component Manufacturing Equipment | |||||||||||||||
4
Consolidated Financial Position Comparison (y/y)
FY 2023 | 2Q/2024 | Difference | |
（mil. yen） | |||
Total assets | 67,788 | 70,371 | 2,583 |
Total liabilities | 38,337 | 39,117 | 780 |
Shareholders' | |||
29,428 | 31,175 | 1,747 | |
equity | |||
Net assets | 29,451 | 31,194 | 1,743 |
Equity ratio | 43.4％ | 44.3％ | 0.9Pt |
Net asset per | |||
2,650.52 | 2,806.91 | 156.39 | |
share（yen） |
5
Performance Change by Report Segment
Net Sales from External Customers
Operating Income
50,000
(mil. yen)
45,000
45,858 44,775
3,475
2,660
40,000
35,000
30,000
25,000
20,000
8,653
1,859
9,716
1,735
15,000
10,000
5,000
0
35,34633,322
2Q/20232Q/2024
Domestic Sales Business Domestic Manufacturing Business Global Business
(Reference) Domestic Manufacturing Business Total net sales including inter-segment sales
2Q/2024 5,252 mil. yen
2Q/2023 | 2Q/2024 | |
Domestic Sales Business | Domestic Manufacturing Business | |
Global Business | Adjustment* | |
- Adjustment includes inter-segment eliminations and corporate expenses that are not allocated to individual reportable segment
(2Q/2023 | 5,537 mil. yen) | 6 |
Business Structure of the Company 2Q/2024 performance
Busi-
ness
ComponentsElectronic Equipment
&
Equipment Manufacturing | |
Busi | |
ness | New |
- |
By product segment | Sales composition | Gross profit | Original product | Overseas sales |
ratio | margin | ratio | ratio | |
Electronic Components | 23.6% | 24.2% | ||
& Assembly Products | （25.7% 2Q/2023） | （22.1% 2Q/2023） | North | |
Semiconductors | 6.4% | 18.7% | ||
America | ||||
（8.9% 2Q/2023） | （21.5% 2Q/2023） | |||
Embedded System | 7.8% | 18.0% | 6.2% | |
（8.8% 2Q/2023） | （16.6% 2Q/2023） | （2.4% 2Q/2023） | ||
Power Supply Equipment | 3.9% | 16.7% | ||
（3.3% 2Q/2023） | （18.6% 2Q/2023） | |||
Image-Related Equipment | 23.8% | 13.5% | ||
& Components | （23.0% 2Q/2023） | （14.3% 2Q/2023） | Europe | |
Information System | 4.3% | 22.5% | ||
15.3% | （0.6% 2Q/2023） | |||
（3.6% 2Q/2023） | （22.8% 2Q/2023） | |||
0.7% | ||||
Other Electronic Equipment | 1.4% | △9.5% | （16.0% 2Q/2023） | |
and Components | （0.9% 2Q/2023） | （△15.6% 2Q/2023） | ||
Semiconductor/FPD | 12.0% | 17.8% | ||
Manufacturing Equipment | （11.6% 2Q/2023） | （22.1% 2Q/2023） | ||
Electronic Component | 7.9% | 26.5% | Asia | |
Manufacturing Equipment | （6.4% 2Q/2023） | （31.2% 2Q/2023） | ||
Other Manufacturing | 4.0% | 23.7% | 15.0% | |
Equipment | （3.6% 2Q/2023） | （16.6 % 2Q/2023） | （16.6% 2Q/2023） | |
Green Facility | 4.9% | 26.7% | ||
（5.1% 2Q/2023） | （36.1% 2Q/2023） | |||
Total | 100.0% | 19.4% | 21.8% | |
（20.3% 2Q/2023） | （19.6% 2Q/2023） |
shows the product segments including Daitron's original products.
7
Year-on-year net sales by area
（mil. yen） | 2Q/2023 | 2Q/2024 | Difference | ||||
Domestic | 36,888 | 34,995 | △1,893 | ||||
Overseas | 8,969 | 9,779 | 810 | ||||
The figures in parentheses | (19.6%) | （ | ） | （ | 2.2pt | ） | |
are sales ratio | 21.8% | ||||||
North | 1,077 | 2,766 | 1,689 | ||||
America | |||||||
Europe | 264 | 293 | 29 | ||||
Asia | 7,627 | 6,719 | △908 | ||||
Total | 45,858 | 44,775 | △1,083 | ||||
8
Quarterly Order Change（by product segment）
Electronic Equipment & Components
24,000 | (mil. yen) | 21,816 | ||||||||||
22,000 | 20,571 | 281 | ||||||||||
20,000 | 420 | 18,902 | ||||||||||
1,709 | 976 | |||||||||||
5,738 | 15,383 | |||||||||||
18,000 | 689 | 14,87515,038 | ||||||||||
667 | ||||||||||||
865 | 14,780 | 143 | ||||||||||
16,000 | 5,046 | 14,531 | 147 | 154 | ||||||||
753 | 795 | 13,342 108 | ||||||||||
330 | 2,561 | 174 | 747 | 1,225 | 481 | |||||||
14,000 | 5,534 | 719 | ||||||||||
4,596 | 951 | 937 | 1,156 | 822 | ||||||||
1,343 | 719 | |||||||||||
12,000 | 3,996 | 842 | 5,439 | |||||||||
10,000 | 1,748 | 771 | 894 | 3,940 | 4,536 | 5,136 | 4,617 | |||||
2,335 | 2,261 | 2,096 | 671 | 759 | ||||||||
8,000 | 645 | 611 | ||||||||||
1,842 | 1,743 | 632 | ||||||||||
1,927 | 1,469 | 602 | 1,275 | 1,297 | ||||||||
6,000 | 1,412 | 1,322 | 1,192 | 1,413 | 807 | 1,168 | ||||||
4,000 | 7,281 | 780 | 842 | |||||||||
5,986 | 5,531 | 4,882 | 5,371 | 5,021 | ||||||||
2,000 | 4,584 | 4,279 | 4,497 | |||||||||
0 | ||||||||||||
2Q/22 | 3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | ||||
Electronic Components & Assembly Products Semiconductors Embedded System
Power Supply Equipment | Image-Related | Equipment & Components | ||||||||
In | ormation System | Green Facility | ||||||||
f | Other | Electronic Equipment and Components | ||||||||
Manufacturing Equipment
24,000
(mil. yen)
22,000 | |||||||||||||||
20,000 | |||||||||||||||
18,000 | |||||||||||||||
16,000 | |||||||||||||||
14,000 | |||||||||||||||
12,000 | 10,991 | ||||||||||||||
10,000 | 9,277 | 763 | |||||||||||||
2,366 | 8,298 1,409 | ||||||||||||||
8,000 | 800 | 6,321 | 6,356 | ||||||||||||
2,652 | |||||||||||||||
6,000 | 3,421 | 4,337 | 1,048 | 2,308 4,894 | 4,212 | ||||||||||
3,512 | |||||||||||||||
4,000 | 8,819 | 759 | 1,153 | 1,212 | |||||||||||
4,846 | 1,032 | 1,012 | 1,979 | 1,038 | 1,020 | ||||||||||
2,000 | 3,490 | 2,546 | 4,120 | 1,813 | 2,069 | 1,821 | |||||||||
2,644 1,371 | |||||||||||||||
0 | 687 | ||||||||||||||
2Q/22 | 3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | |||||||
Semiconductor/FPD Manufacturing Equipment | |||||||||||||||
Electronic Component Manufacturing Equipment | Other Manufacturing Equipment | ||||||||||||||
9
Quarterly Order Backlog Change（by product segment）
Electronic Equipment & Components
50,000
(mil. yen) | 43,663 | ||||||||||||||||||||||||||||
45,000 | 1,326 | 39,585 | |||||||||||||||||||||||||||
38,147 | 1,655 | 37,777 | |||||||||||||||||||||||||||
40,000 | 35,162 | 8,177 | |||||||||||||||||||||||||||
715 | 1,446 | 1,671 34,101 | |||||||||||||||||||||||||||
35,000 | 3,240 | 1,129 | 7,517 | 1,64331,335 | |||||||||||||||||||||||||
2,903 | 996 | 9,132 | 1,426 29,128 | ||||||||||||||||||||||||||
30,000 | 832 | 7,440 | 7,434 | 1,179 | 1,22427,402 | ||||||||||||||||||||||||
6,933 | 1,157 | 8,892 | 1,149 | ||||||||||||||||||||||||||
5,773 | 7,700 | ||||||||||||||||||||||||||||
25,000 | 2,634 | 2,906 | 7,982 | ||||||||||||||||||||||||||
4,842 | 1,157 | ||||||||||||||||||||||||||||
2,454 | 2,822 | 1,379 | 7,217 | ||||||||||||||||||||||||||
20,000 | 3,385 | 4,323 | 4,943 | 4,637 | 2,694 | 4,483 | 4,216 | 1,086 | 993 | ||||||||||||||||||||
15,000 | 5,770 | 6,011 | 6,166 | 4,139 | 2,458 | 2,241 | 3,666 | 3,638 | |||||||||||||||||||||
5,573 | 3,289 | 1,932 | 1,888 | ||||||||||||||||||||||||||
4,854 | 3,252 | ||||||||||||||||||||||||||||
10,000 | 3,778 | 2,529 | 2,344 | ||||||||||||||||||||||||||
3,163 | 2,514 | 2,303 | |||||||||||||||||||||||||||
5,000 | 12,17012,05711,582 | 10,429 | 9,288 | 8,401 | 7,958 | 8,195 | 7,870 | ||||||||||||||||||||||
0 | |||||||||||||||||||||||||||||
2Q/22 | 3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | |||||||||||||||||||||
El | e | ctronic Components & Assembly Products | Semiconductors | Embedded System | |||||||||||||||||||||||||
Power Supply Equipment | Image-Related | Equipment & Components | |||||||||||||||||||||||||||
In | f | ormation System | Green Facility | Other | Electronic Equipment and Components | ||||||||||||||||||||||||
Order Backlog for sales from next year onwards | |||||||||||||||||||||||||||||
・Electronic Equipment and Components | 7,647 mil.yen | ||||||||||||||||||||||||||||
・Manufacturing Equipment | 25,052 | mil.yen | |||||||||||||||||||||||||||
・total | 32,699 | mil.yen |
Manufacturing Equipment
50,000
(mil. yen) | |||||||||||||||||
45,000 | 40,247 | ||||||||||||||||
39,263 | 39,639 | ||||||||||||||||
40,000 | 38,479 | ||||||||||||||||
38,080 | 38,318 | 37,136 | |||||||||||||||
35,344 | 4,823 | 4,795 | 5,020 | 4,989 | |||||||||||||
35,000 | 5,617 | 6,226 | 6,109 | ||||||||||||||
32,6735,445 | 8,615 | 8,023 | |||||||||||||||
30,000 | 5,290 | 8,218 | 7,260 | 7,669 | 7,265 | 7,002 | |||||||||||
9,105 | |||||||||||||||||
25,000 | 8,690 | ||||||||||||||||
20,000 | |||||||||||||||||
15,000 | 25,82525,06727,20426,23025,03226,14824,025 | ||||||||||||||||
10,000 | 18,69320,794 | ||||||||||||||||
5,000 | |||||||||||||||||
0 | |||||||||||||||||
2Q/22 | 3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | |||||||||
Semiconductor/FPD Manufacturing Equipment | |||||||||||||||||
Electronic Component Manufacturing Equipment | Other Manufacturing Equipment | ||||||||||||||||
10 |