2nd Quarter of Fiscal Year Ending March 31, 2022
Financial Results
November 5, 2021
UT Group Co., Ltd.
Securities Code: 2146(TSE)
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Contents
- Management Policy for 2H of FY3/2022
- Financial Results for 2Q of FY3/2022
- FY3/2022 Earnings Forecasts and Outlook
- The 4th Medium-Term Business Plan
- Appendix
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1. Management Policy for 2H of FY3/2022
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1. Management Policy for 2H of FY3/2022
Partial change in the business policy for 2H FY3/2022
Enhance hiring activities toward raising a growth target for early FY3/2023
Maximize the technical workforce by March 2022
- Continue to strengthen hiring activities as orders remained strong in 2H.
- Changed the policy to maximize the number of technical employees at the end of FY3/2022 in order to achieve ¥15 billion in EBITDA in FY3/2023.
Upward revision of the target for the number of domestic technical employees at the end of March 2022
34,000 employees
※ Domestic business only (excluding the overseas business employees)
Promote initiatives aimed at achieving ¥15 billion in EBITDA in FY3/2023
Promote cost-efficiency
initiatives
- Promote measures to reduce hiring costs and improve efficiency by improving hiring yields.
-
Improve efficiency by reorganizing subsidiaries aimed at appropriate personnel allocation, and by consolidating
common indirect functions. (Announced on September 27, 2021)
[FY3/2023 forecast]
- Gross profit of ¥34 billion or more
- Improved efficiency and substantial cut in SG&A expenses, mainly hiring expenses
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1. Management Policy for 2H of FY3/2022
Robust personnel demand and the continued high level in orders received
- A high level in orders received continued without being affected by automobile-related production adjustments.
- Order booking has been favorable since the beginning of 2021 with over two-third of orders being related to the automotive- related sector and the semiconductor and electronic parts sector.
Order accepting situation (Domestic) | （Person） |
2,000 | |
1,500 | |
1,000 |
Orders by sector in September 2021
Other
24％
Automobile-
related
Affected by | ||
500 | COVID-19 | |
0 | Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. | |
2020 | 2021 |
Semiconductors
and electronic
components
31％
45％
※Orders are total of 4 main companies including UT Aim
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