FY 2024
3Q Financial Material
Daitron Co., Ltd.
Securities Code: 7609
Outline of Consolidated Settlement of Accounts （performance results and earnings forecasts)
2
Quarterly Performance Change
■ 3Q cumulative performance
■ Operating income ¥ 3,848 mil.
（81.3% y/y）
Net Sales ¥66,589 mil.
（ 97.6% y/y）
■ Ordinary income | ¥ 3,826 mil. |
■ Net income* | （79.3% y/y） |
¥ 2,575 mil. | |
（80.1% y/y） |
Graph of quarterly performance change
Net Sales
（mil. yen） 23,898 | 23,679 |
22,400 | 21,814 |
21,095
23/3Q | 23/4Q | 24/1Q | 24/2Q | 24/3Q |
Operating income | Ordinary income | Net income * | ||||
1,531 | 1,643 | |||||
1,255 1,214 | 1,187 | 1,287 | ||||
1,193 1,183 | 1,115 | |||||
1,108 | 1,000 | |||||
860 | 799 | 769 | 690 | |||
23/3Q 23/4Q 24/1Q 24/2Q 24/3Q | 23/3Q 23/4Q 24/1Q 24/2Q 24/3Q | 23/3Q 23/4Q 24/1Q 24/2Q 24/3Q |
* Net income attributable to owners of parent
3
Product Segment Quarterly Performance Change
Electronic Equipment & Components
Manufacturing Equipment
22,000
(mil. yen)
20,000 | 18,687 | 17,352 | ||||||
17,242 17,084 | ||||||||
258 | 17,242 | 16,84016,876 | ||||||
18,000 | 16,376 | 990 | 146 | 229 | 345 | 426 | ||
418 | 902 | 946 | 1,178 | 1,939 | 943 | 265 | 372 | |
16,000 | 801 | 1,246 | ||||||
740 | 842 | 934 | 1,116 | 1,246 | ||||
14,000 | 620 | 5,661 | 812 | 790 | ||||
4,876 | ||||||||
12,000 | 4,612 | 4,901 | 5,408 | 5,196 | 5,472 | 5,540 | ||
756 | ||||||||
10,000 | 624 | 775 | 840 | |||||
2,049 | 924 | |||||||
1,967 | 806 | |||||||
8,000 | 1,476 | 2,042 | 850 | 851 | ||||
1,998 | 1,484 | |||||||
1,791 | 2,008 | 2,049 | 1,865 | 1,450 | 1,418 | |||
6,000 | 1,465 | 1,460 | 1,389 | 1,261 | ||||
4,000 | ||||||||
2,000 | 6,034 | 6,063 | 5,743 | 5,187 | 4,961 | 5,179 | 5,366 | 5,398 |
0 | ||||||||
22,000
(mil. yen)
20,000
18,000
16,000
14,000
12,000
10,000
8,000 7,095
6,000 1,398
1,906
4,000
2,000 3,791
0
5,759
836 4,170
1,593 826
1,351
3,330
1,993
6,544 | 6,839 | 4,937 | ||
1,150 | ||||
5,316 | 1,685 | |||
1,049 | 1,572 | 3,853 | 2,086 | 934 |
2,579 | 632 | 1,936 | ||
1,444 | ||||
3,287 | 3,603 | |||
1,688 | 1,777 | 2,067 | ||
4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | 3Q/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 | |||||||||
4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | 3Q/24 | ||||||||
S | emiconductor/FPD Manufacturing Equipmen | t | Other Manufacturing Equipment | ||||||||||||
Electronic Component Manufacturing Equipment | |||||||||||||||
4
Consolidated Financial Position Comparison (y/y)
FY 2023 | 3Q/2024 | Difference | |
（mil. yen） | |||
Total assets | 67,788 | 71,699 | 3,911 |
Total liabilities | 38,337 | 40,920 | 2,583 |
Shareholders' | |||
29,428 | 30,764 | 1,336 | |
equity | |||
Net assets | 29,451 | 30,779 | 1,328 |
Equity ratio | 43.4％ | 42.9％ | △0.5Pt |
Net asset per | |||
2,650.52 | 2,769.92 | 119.4 | |
share（yen） |
5
Performance Change by Report Segment
Net Sales from External Customers
Operating Income
80,000
(mil. yen)
70,000
68,259 66,589
4,731
3,848
60,000
50,000
40,000
30,000
13,172
2,768
15,205
2,799
20,000
10,000
0
52,31848,585
3Q/20233Q/2024
Domestic Sales Business Domestic Manufacturing Business Global Business
(Reference) Domestic Manufacturing Business Total net sales including inter-segment sales
3Q/2024 7,856 mil. yen
3Q/2023 | 3Q/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
(3Q/2023 | 8,294 mil. yen) | 6 |
Business Structure of the Company 3Q/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 | 24.7% | 24.9% | ||
& Assembly Products | （24.9% 3Q/2023） | （21.8% 3Q/2023） | North | |
Semiconductors | 5.8% | 18.9% | ||
America | ||||
（8.7% 3Q/2023） | （21.0% 3Q/2023） | |||
Embedded System | 6.5% | 16.0% | 6.0% | |
（8.9% 3Q/2023） | （16.8% 3Q/2023） | （2.8% 3Q/2023） | ||
Power Supply Equipment | 3.9% | 17.8% | ||
（3.5% 3Q/2023） | （18.4% 3Q/2023） | |||
Image-Related Equipment | 25.4% | 12.7% | ||
& Components | （22.6% 3Q/2023） | （14.6% 3Q/2023） | Europe | |
Information System | 3.6% | 22.5% | ||
16.3% | （0.5% 3Q/2023） | |||
（3.6% 3Q/2023） | （23.6% 3Q/2023） | |||
0.6% | ||||
Other Electronic Equipment | 1.7% | 10.3% | （15.9% 3Q/2023） | |
and Components | （0.9% 3Q/2023） | （△18.7% 3Q/2023） | ||
Semiconductor/FPD | 9.5% | 24.8% | ||
Manufacturing Equipment | （10.3% 3Q/2023） | （22.9% 3Q/2023） | ||
Electronic Component | 8.9% | 24.0% | Asia | |
Manufacturing Equipment | （8.1% 3Q/2023） | （26.2% 3Q/2023） | ||
Other Manufacturing | 4.3% | 20.4% | 16.4% | |
Equipment | （4.0% 3Q/2023） | （16.2 % 3Q/2023） | （16.4% 3Q/2023） | |
Green Facility | 5.7% | 29.27% | ||
（4.5% 3Q/2023） | （30.8% 3Q/2023） | |||
Total | 100.0% | 19.4% | 23.0% | |
（19.9% 3Q/2023） | （19.7% 3Q/2023） |
shows the product segments including Daitron's original products.
7
Year-on-year net sales by area
（mil. yen） | 3Q/2023 | 3Q/2024 | Difference | ||||
Domestic | 54,788 | 51,242 | △3,546 | ||||
Overseas | 13,471 | 15,346 | 1,875 | ||||
The figures in parentheses | (19.7%) | （ | ） | （ | 3.3pt | ） | |
are sales ratio | 23.0% | ||||||
North | 1,919 | 4,007 | 2,088 | ||||
America | |||||||
Europe | 338 | 419 | 81 | ||||
Asia | 11,213 | 10,919 | △294 | ||||
Total | 68,259 | 66,589 | △1,670 | ||||
8
Quarterly Order Change（by product segment）
Electronic Equipment & Components | Manufacturing Equipment | ||
24,000 | (mil. yen)21,816 | 24,000 | |
(mil. yen) | |||
22,000 | 281 | 22,000 |
20,000 | 18,902 | 18,748 | ||||||||||
976 | 5,738 | 15,383 | 566 | |||||||||
18,000 | 667 | 14,87515,0382,452 | ||||||||||
865 | 14,780 | 143 | ||||||||||
16,000 | 14,531 | 147 | 154 | |||||||||
753 | 795 | 13,342 108 | 1,027 | |||||||||
330 | 2,561 | 1,225 | 481 | |||||||||
14,000 | 5,534 | 174 | 747 | 719 | ||||||||
4,596 | 951 | 937 | 1,156 | 822 | ||||||||
12,000 | 719 | 5,619 | ||||||||||
842 | ||||||||||||
3,996 | 5,439 | |||||||||||
10,000 | 771 | 894 | 3,940 | 4,536 | 5,136 | 4,617 | ||||||
2,261 | 2,096 | 671 | 759 | 809 | ||||||||
8,000 | 645 | 611 | ||||||||||
1,842 | 1,743 | 632 | 1,634 | |||||||||
1,927 | 1,469 | 602 | 1,275 | 1,297 | ||||||||
6,000 | 1,412 | 1,322 | 1,192 | 1,413 | 807 | 1,168 | 1,194 | |||||
4,000 | 780 | 842 | ||||||||||
5,986 | ||||||||||||
2,000 | 5,531 | 4,882 | 4,584 | 4,279 | 4,497 | 5,371 | 5,021 | 5,447 | ||||
0 | ||||||||||||
3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | 3Q/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 | ||||||||
20,000 | |||||||||||||||
18,000 | |||||||||||||||
16,000 | |||||||||||||||
14,000 | |||||||||||||||
12,000 | 10,991 | ||||||||||||||
10,000 | 763 | ||||||||||||||
8,298 1,409 | 7,362 | ||||||||||||||
8,000 | 800 | 6,321 | 6,356 | ||||||||||||
725 | |||||||||||||||
2,652 | |||||||||||||||
6,000 | 4,337 | 1,048 | 2,308 4,894 | 1,519 | |||||||||||
4,000 | 8,819 | 759 | 1,153 3,512 | 1,212 | 4,212 | ||||||||||
4,846 | 1,032 | 1,012 | 1,979 | 1,038 | 1,020 | ||||||||||
2,000 | 2,546 | 4,120 | 1,813 | 2,069 | 2,644 | 1,821 5,118 | |||||||||
1,371 | |||||||||||||||
0 | 687 | ||||||||||||||
3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | 3Q/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 | ||||||||||||||||||||||||||
40,000 | 38,147 | 1,655 | 37,777 | |||||||||||||||||||||||||
1,446 | ||||||||||||||||||||||||||||
8,177 | 1,671 34,101 | |||||||||||||||||||||||||||
35,000 | 3,240 | 1,129 | 7,517 | 1,64331,335 | 29,258 | |||||||||||||||||||||||
996 | 9,132 | 1,426 29,128 | ||||||||||||||||||||||||||
30,000 | 7,440 | 7,434 | 1,179 | 1,22427,402 | ||||||||||||||||||||||||
8,892 | 1,149 | 1,334 | ||||||||||||||||||||||||||
5,773 | 1,157 | 7,700 | ||||||||||||||||||||||||||
25,000 | 2,634 | 2,906 | 7,982 | 8,423 | ||||||||||||||||||||||||
4,842 | 1,157 | |||||||||||||||||||||||||||
2,822 | 1,379 | 7,217 | ||||||||||||||||||||||||||
20,000 | 4,323 | 4,943 | ||||||||||||||||||||||||||
4,637 | 2,694 | 4,483 | 4,216 | 1,086 | 993 | 1231 | ||||||||||||||||||||||
15,000 | 6,011 | 6,166 | 4,139 | 2,458 | 2,241 | 3,666 | 3,638 | 3,716 | ||||||||||||||||||||
5,573 | 3,289 | 1,932 | 1,888 | 1,845 | ||||||||||||||||||||||||
4,854 | 3,252 | |||||||||||||||||||||||||||
10,000 | 3,778 | 2,529 | 2,344 | 2,559 | ||||||||||||||||||||||||
3,163 | 2,514 | 2,303 | 2,234 | |||||||||||||||||||||||||
5,000 | 12,05711,582 | 10,429 | 9,288 | 8,401 | 7,958 | 8,195 | 7,870 | 7,916 | ||||||||||||||||||||
0 | ||||||||||||||||||||||||||||
3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | 3Q/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 | 13,360 mil.yen | |||||||||||||||||||||||||||
・Manufacturing Equipment | 31,423 | mil.yen | ||||||||||||||||||||||||||
・total | 44,783 | mil.yen |
Manufacturing Equipment
50,000
(mil. yen) | ||||||||
45,000 | 40,247 | 39,639 | 39,543 | |||||
39,263 | ||||||||
38,479 | ||||||||
40,000 | 38,080 | 38,318 | 37,136 | |||||
35,344 4,823 | 5,020 | |||||||
35,000 | 4,795 | 4,989 | 5,617 | 6,226 | 5,898 | |||
5,445 | 6,109 | |||||||
8,023 | 6,585 | |||||||
30,000 | 8,615 | 8,218 | 7,260 | 7,669 | 7,265 | |||
9,105 | 7,002 | |||||||
25,000 | ||||||||
20,000 |
15,000
25,82525,06727,20426,23025,03226,14824,02527,060
10,000 20,794
5,000 | ||||||||||||||
0 | ||||||||||||||
3Q/22 | 4Q/22 | 1Q/23 | 2Q/23 | 3Q/23 | 4Q/23 | 1Q/24 | 2Q/24 | 3Q/24 | ||||||
Semiconductor/FPD Manufacturing Equipment | ||||||||||||||
Electronic Component Manufacturing Equipment | Other Manufacturing Equipment | |||||||||||||
10