Global Niche Top Company
selected by Japanese Ministry of Economy, Trade and Industry
Financial Results
1st Half of the Year Ending September 2023
May 23, 2023
Nissei ASB Machine Co., Ltd.
(TSE Prime market, Code Number 6284)
2
INDEX
-
Results for 1st half of the year ending Sept. 2023 II. Financial forecast for the year ending Sept. 2023
III. Focus measures for the year ending Sept. 2023 and situation in the 1st half IV. Other initiatives
Reference Documents
3
I. Results for 1st half of the year ending Sept.2023
Review of 1st half of the year ending Sept. 2023
4
Favorable business environment. Orders received and sales were at a high level. Also strong results of after-sales services. Sales cycles are in good condition.
Sales Front
- Exhibitions resumed in full-scale around the world. Value of orders received, and sales achieved the second highest level.
- As a result of harvesting inquiries received at K2022(*1), value of orders received in Europe recorded the highest ever
-
Results of after-sales services remain strong. Value of orders received for molds and spare parts
each renewed the highest record. (*1: K2022…The world's largest trade fair for plastics and rubber held in Germany in Oct. 2022)
Technology
Front
- Showcased ZC and QMC(*2) at the major exhibitions. Received high reputations for its improvement in container productivity.
- The impression of the new environment-conscious machine model at the exhibition was good. Aiming for its early sales contribution by further technological improvement.
- Promoting development of new technologies, such as increased productivity of PF36, expansion of
number of cavities for HDPE containers, etc.
Manufacturing
Front
- Increased material cost remains significant, though it was passed on through product price increase
- As for capital investment in India plant, completed installing machinery. Under adjustment for start- up.
- Production transfer to India plant is progressing. Contributing to cost reduction and shortening delivery time.
Financial Results (Summary)
5
Value of orders received, sales, gross profit, and operating profit were at a high level
recording the second highest ever
(Unit: million yen)
2022/09 | 2023/09 | Year on year | ||||
1st half | 1st half | comparison | ||||
Amount | ||||||
cumulative | cumulative | Rate of | ||||
Q1 | Q2 | of | ||||
Total | Total | change | ||||
change | ||||||
Net Sales | 15,090 | 6,933 | 8,589 | 15,523 | 432 | 2.9% |
Gross Profit | 6,718 | 3,445 | 3,919 | 646 | 9.6% | |
44.5% | 49.7% | 45.6% | .4% | |||
Selling, General and | 3,877 | 2,133 | 1,993 | 4,127 | 249 | 6.4% |
Administrative Expenses | 25.7% | 30.8% | 23.2% | 26.6% | ||
2,841 | 1,311 | 1,926 | 3,238 | The second highest | ||
Operating Profit | 396 | 14.0% | ||||
18.8% | 18.9% | 22.4% | .9% | |||
Ordinary Profit | 4,151 | 8 | 2,113 | 2,121 | (2,029) | (48.9%) |
27.5% | 0.1% | 24.6% | 13.7% | |||
Profit Attributable to | 3,031 | 47 | 1,452 | 1,500 | (1,531) | (50.5%) |
Owners of Parent | 20.1% | 0.7% | 16.9% | 9.7% | ||
Orders Received | 14,540 | 8,316 | 8,123 | 16,439 | 1,899 | 13.1% |
Order Backlogs | 11,623 | 16,168 | 15,666 | - | 4,043 | 34.8% |