Disclaimer: This document is an English translation of the original document in Japanese and has been prepared solely for reference purposes. In the event of any discrepancy between this English translation and the original in Japanese, the original shall prevail in all respects.
April 27, 2022
To whom it may concern:
Company Name: Representative:Japan Aviation Electronics Industry, Limited
Tsutomu Onohara, President
(Securities number: 6807 Tokyo Stock Exchange Prime Market)
Contact: | Kazuhiko Aoki |
Associate Senior Vice President | |
General Manager Accounting and Financial Division | |
(Phone:+81-3-3780-2752) | |
Parent Company: | NEC Corporation |
Representative: | Takayuki Morita, President and CEO |
(Securities number: 6701 Tokyo Stock Exchange Prime Market)
Announcement on Difference between the Non-consolidated Financial Results for the Year Ended March 31, 2022 and Results for the Previous Fiscal Year
Japan Aviation Electronics Industry, Limited hereby announces the following difference between the non-consolidated financial results for the year ended March 31, 2022 and the results for the previous fiscal year.
1. Difference between the non-consolidated financial results for the fiscal year ended March 31, 2022 (April 1, 2021- March 31, 2022) and the results for the previous fiscal year
Net sales
Operating profit
Ordinary profit
Net profit
Basic earnings per share
Results for the previous fiscal year (A) (year ended March 31, 2021)
Million yen
181,564
Million yen
3,608
Million yen
3,192
Million yen
2,625
Yen
28.86
Results for the current fiscal year (B) (year ended March 31, 2022)
189,839
10,866
12,047
9,635
105.92
Change (B-A)
8,275
7,258
8,855
7,010
－
Change (%)
4.6
201.1
277.4
267.0
－
2. Reason for the difference
The non-consolidated financial results for the fiscal year ended March 31, 2022 exceeded the results for the previous fiscal year, as shown in the table above. This is due to a continued trend of demand expansion in the electronics market against the background of economic recovery and advancing digitalization, stable demand in the automotive market, and demand expansion in the industrial market as a result of the recovery of capital investment in Japan and overseas, compared to the previous fiscal year when the business performance was sluggish due to the impact of the spread of COVID-19.