Financial Results Briefing Materials
for the Three Months Ended September 30, 2021
Envipro Holdings Inc.
November 12, 2021
Table of Contents
- Financial Overview for the Three Months Ended September 30, 2021
- Forecast for the Fiscal Year Ending June 30, 2022
- Medium-TermManagement Plan and This Term Initiatives
- Dividend Policy
- Reference Data
2
１. Financial Overview for the Three Months Ended
September 30, 2021
3
Highlights for the Three Months Ended September 30, 2021
Consolidated Financial Results
Net sales
Operating profit
Ordinary profit
Profit*
Main Topics
¥14,292 million ¥795 million ¥921 million ¥666 million
（Up 92.1% | YoY） |
（Up 516.1% | YoY） |
（Up 325.0% | YoY） |
（Up 377.2% | YoY） |
- The average price of ferrous scrap during the fiscal year (Tokyo Steel (Tahara) Tokkyu Grade Seaborne Price) increased from ¥23,225 at the previous fiscal year to ¥49,461.
- The average market prices of copper, aluminum, nickel and cobalt also increased above those of the previous fiscal year.
- Sluggishness of exports of metal scrap to a part of overseas destinations with a resurgence of the spread of COVID-19.
- Soaring ocean freight rates due to difficulties in booking freighters because of worldwide shortage of shipping containers etc.
- In relation to the movement toward a decarbonized society, the evaluation of use of metal scrap improved due to its effectiveness in reducing CO2 emissions.
- In the Lithium-ion Batteries Recycling business, in addition to purchasing and acceptance of processing from leading battery manufacturers, progress was made in the development of collection, production, analysis, and sales systems.
- Announced a plan to build a new plant (to be completed in December 2022, total investment approximately ¥1.5 billion).
*Profit：Profit attributable to owners of parent
（Amounts and quantities are rounded down. The percentages are rounded off.）
4
Summary of Consolidated Statements of Income
（million yen） | ||||
June/2021 | June/2022 | YoY | ||
1Q | 1Q | |||
Actual | Actual | Increase/ | Ratio | |
Decrease | ||||
Net sales | 7,439 | 14,292 | 6,853 | 92.1％ |
Gross profit | 1,544 | 2,600 | 1,055 | 68.4% |
Operating profit | 129 | 795 | 666 | 516.1％ |
Ordinary profit | 216 | 921 | 704 | 325.0％ |
Profit before | 215 | 926 | 711 | 330.4％ |
income taxes | ||||
Profit* | 139 | 666 | 526 | 377.2％ |
Marginal profit* | 1,535 | 2,269 | 733 | 47.8％ |
EBITDA* | 314 | 962 | 648 | 206.1％ |
Fixed costs* | 1,384 | 1,474 | 89 | 6.5％ |
- Profit= Profit attributable to owners of the parent
- Marginal profit=Net sales - Variable costs
- EBITDA = Operating profit + Depreciation + Amortization of goodwill
- Fixed costs = [Cost of sales･Selling, General & administrative expenses・fixed cost equivalency of Non-operating expenses] -
※ Fixed costs = [Foreign exchange gains・non-operating income except equity method profit] | 5 |
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