Financial Results
for the First Half FY2022
(April 1, 2021 to September 30, 2021)
November 2, 2021
IDEC CORPORATION
Securities code：6652
Copyright IDEC Corporation. All rights reserved. | 1 | |||||||||||
IDEC's Ambient Surrounding
The demand for the capital investment has recovered in Japan and overseas, and the performance of industries such as machine tools, semiconductors, and robotics on which IDEC has focused has significantly recovered.
【Industry trend】
Machine tools
- The amount of order received announced by Japan Machine Tool Builders' Association in September 2021 was YoY +72%, which was in the highest level for three years.
- Semiconductor manufacturing equipment
- Semiconductor Equipment Association of Japan made a significant upward revision of the demand forecast of FY2022 YoY + 37%.
- Robotics
- The amount of order received and production has continuously increased since the second half of FY2021.
Copyright IDEC Corporation. All rights reserved. | 2 |
Financial Results for the First Half
Net sales of 34.9 billion yen and operating income of 4.9 billion yen (YoY 3.0 times)are the best results as the half period. Operating income margin of 13.9%.
Net income of 3.5 billion yen (YoY 3.2 times) and net income margin of 10.1%.
Net | ■ Net Sales | JPY 34.9 billion yen | (YoY 1.4 times) |
Sales | |||
■ Operating Income | JPY 4.9 billion yen | (YoY 3.0 times) | |
Profit | ■ Ordinary Income | JPY 5.0 billion yen | (YoY 3.3 times) |
■ Net Income* | JPY 3.5 billion yen | (YoY 3.2 times) | |
*Net income attributable to shareholders of parent company | |||
Dividend | ■ Interim dividend JPY 40 | ||
(upwardly revised from JPY 25 of the beginning-of-year forecast) | |||
Copyright IDEC Corporation. All rights reserved. | 3 |
Initiative Policies and Full-Year Forecast
Initiative policy
To enhance IDEC's corporate value by driving transformational changes to achieve sustainable growth, and to become a "lean & smart" high-profit organization, while resolving social issues through our business activities.
- Based on the current status, full- year forecast was upwardly revised.
- Record-highnet sales and profit will be expected.
- A new medium-term management plan emphasizing the improvement of profitability is developed, and will be announced within this FY.
(unit: million yen) Round down to the million
Sales | Operating income | 69,000 | ||
62,757 | margin | |||
58,355 | 53,983 | |||
13.3% | ||||
9.1% | 8.1% | 7.5% | Operating income | |
9,200 | ||||
(record-high) | ||||
FY2019 | FY2020 | FY2021 | FY2022 | FY2025 |
(Revised forecast)
Copyright IDEC Corporation. All rights reserved. | 4 |
Financial Results
for the First Half of FY2022
Copyright IDEC Corporation. All rights reserved. | 5 |
This is an excerpt of the original content. To continue reading it, access the original document here.