Quarterly Financial Result (Supplementary Materials)
Quarter 2: three months ended June 30, 2024
August 9, 2024
Code: 6871
© 2024 Micronics Japan Co., Ltd.
Quarterly Financial Results (2Q)
© 2024 Micronics Japan Co., Ltd. | 2 |
Consolidated Result Summary
(Mils. of Yen)
Net Sales
Probe Card
TE ※
Gross Profit
Operating Income
Ordinary Income
Net Income Attributable to Owner of Parent
※：Test Equipment
FY12/2023 | FY12/2024 | |||||
FY12/2023 | FY12/2024 | |||||
Apr.-Jun. | Jan.-Mar. | Apr.-Jun. | QoQ | YoY | ||
Q2 | Q1 | Q2 | （△） | （％） | （△） | （％） |
ⓐ | ⓑ | ⓒ | ⓒ-ⓑ | ⓒ-ⓐ | ||
7,216 | 11,794 | 14,376 | +2,582 | +21.9% | +7,160 | +99.2% |
6,721 | 11,302 | 13,715 | +2,412 | +21.3% | +6,993 | +104.0% |
494 | 491 | 661 | +169 | +34.4% | +166 | +33.7% |
2,443 | 5,823 | 6,735 | +912 | +15.7% | +4,292 | +175.6% |
(224) | 2,508 | 3,255 | +746 | +29.8% | +3,479 | ━ |
(262) | 2,405 | 3,401 | +996 | +41.4% | +3,664 | ━ |
36 | 1,271 | 2,414 | +1,143 | +90.0% | +2,378 | ━ |
© 2024 Micronics Japan Co., Ltd. | 3 |
Consolidated Result Summary
(Mils. of Yen)
Net Sales
Probe Card
TE ※
Gross Profit
Operating Income
Ordinary Income
Net Income Attributable to Owner of Parent
※：Test Equipment
FY12/2023 | FY12/2024 | |||||
Jan.-Jun. | As of May.13 | YoY | ||||
Previous year | Forecast | Results | （△） | （％） | （△） | （％） |
ⓐ | ⓑ | ⓒ | ⓒ-ⓑ | ⓒ-ⓐ | ||
16,985 | 26,000 | 26,171 | +171 | +0.7% | +9,185 | +54.1% |
16,193 | 25,000 | 25,018 | +18 | +0.1% | +8,824 | +54.5% |
791 | 1,000 | 1,153 | +153 | +15.3% | +361 | +45.6% |
7,153 | ━ | 12,559 | ━ | ━ | +5,405 | +75.6% |
1,750 | 5,900 | 5,764 | ( 135) | (2.3% ) | +4,014 | +229.3% |
1,569 | 5,800 | 5,806 | +6 | +0.1% | +4,236 | +270.0% |
1,143 | 3,800 | 3,685 | ( 114) | (3.0% ) | +2,542 | +222.4% |
© 2024 Micronics Japan Co., Ltd. | 4 |
Summary on Results
Achieved record-high order intake and sales for the quarter
Probe card
-
Memory probe cards maintain a high production operation rate, driven by strong orders.
Non-memory probe cards are showing a recovery trend with steady demand for automotive applications and others. - Segment income continue to remain at a high level.
TE
- The TE business experienced increased sales QoQ.
- In the semiconductor business, sales of test sockets remained strong.
In the FPD business, probe units and test equipment contributed to sales.
- Although segment income is showing signs of improvement, a loss has been recorded.
© 2024 Micronics Japan Co., Ltd. | 5 |
Quarterly Financial Result
(Mils. of Yen) 15,000
13,000
11,000
9,000
7,000
5,000
3,000
1,000
(1,000) | |||||||||||
FY22Q2 | Q3 | Q4 | FY23Q1 | Q2 | Q3 | Q4 | FY24Q1 | Q2 | |||
Net Sales | 9,766 | 10,564 | 14,185 | 9,769 | 7,216 | 8,537 | 12,769 | 11,794 | 14,376 | ||
Operating Income | 1,938 | 2,200 | 2,922 | 1,974 | (224) | 913 | 2,648 | 2,508 | 3,255 | ||
Operating Margin | 19.8% | 20.8% | 20.6% | 20.2% | (3.1% ) | 10.7% | 20.7% | 21.3% | 22.6% | ||
25%
20%
15%
10%
5%
0%
-5%
© 2024 Micronics Japan Co., Ltd. | 6 |
Business Condition by Segment
Probe card
TE
30%
(Mils. of Yen) | 40% | ||
14,000 | 13,715 | ||
12,165 | 35% | ||
12,000 | |||
11,302 | |||
30% | |||
10,000 | 29.2% | 28.7% | 29.2% |
25% | |||
8,000 | 8,105 | ||
20% | |||
6,721 | 21.2% | ||
6,000 | 15% | ||
4,000 | 3,548 | 4,004 | |
3,249 | 10% |
Net Sales
Segment Income
Segment Margin
(Mils. of Yen) 800
661 | 10% | ||
603 | |||
600 | 0% | ||
(6.5%) | |||
494 | 491 | (10%) | |
431 | (24.2%) | (21.1%) | |
400 | |||
(28.7%) | (30%) |
(42.3%)
200
(50%)
Net Sales
Segment Income
Segment Margin
2,000 | 6.9% | 1,716 | 5% | |||||||
463 | 0 | |||||||||
FY23Q2 | Q3 | Q4 | FY24Q1 | Q2 | (70%) | |||||
0 | 0% | (43) | |||||||
FY23Q2 | Q3 | Q4 | FY24Q1 | Q2 | (103) | ||||
(141) | (182) | (146) | |||||||
( 200) | (90%) | ||||||||
© 2024 Micronics Japan Co., Ltd.
7
Quarterly Orders, Net Sales & Backlog
Probe card
(Mils. of Yen)
20,000
15,000
10,000
5,000
0 | |||||||
FY23Q2 | Q3 | Q4 | FY24Q1 | Q2 | |||
Order Received | 8,926 | 14,033 | 13,707 | 14,302 | 16,792 | ||
Net Sales | 6,721 | 8,105 | 12,165 | 11,302 | 13,715 | ||
Order Backlog | 7,795 | 13,724 | 15,266 | 18,266 | 21,343 | ||
© 2024 Micronics Japan Co., Ltd.
TE
(Mils. of Yen)
800
600
400
200
0 | ||||||||
FY23Q2 | Q3 | Q4 | FY24Q1 | Q2 | ||||
Order Received | 452 | 473 | 555 | 475 | 496 | |||
Net Sales | 494 | 431 | 603 | 491 | 661 | |||
Order Backlog | 648 | 687 | 642 | 625 | 460 | |||
8
Quarterly Net Sales by Product
Probe card
(Mils. of Yen) 14,000
10%
12,000 | 8% | ||||||
8% | |||||||
10,000 | |||||||
8,000 | 12% | ||||||
6,000 | 18% | 92% | 90% | ||||
92% | |||||||
4,000 | 88% | ||||||
82% | |||||||
2,000 | |||||||
0 | |||||||
FY23Q2 | Q3 | Q4 | FY24Q1 | Q2 | |||
Non-Memory | 1,194 | 992 | 968 | 913 | 1,328 | ||
Memory | 5,527 | 7,113 | 11,197 | 10,389 | 12,387 | ||
total | 6,721 | 8,105 | 12,165 | 11,302 | 13,715 | ||
- Including sales of Cantilever type
© 2024 Micronics Japan Co., Ltd.
TE
(Mils. of Yen) 800
600
14% | 35% | |
10% | ||
400 | 30% | |
25% | ||
86% | ||
200 | 90% | 65% |
70% | 75% |
0 | ||||||||||
FY23Q2 | Q3 | Q4 | FY24Q1 | Q2 | ||||||
Testing Equipment※1 | 148 | 106 | 86 | 51 | 229 | |||||
Testing Device | ※2 | 346 | 325 | 517 | 440 | 432 | ||||
total | 494 | 431 | 603 | 491 | 661 | |||||
※1 Custom testers, Semiconductor probers, FPD test equipment, etc.
※2 Test sockets for semiconductors, Probe units for FPDs | 9 |
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