July 28, 2022 | |
To whom it may concern | |
Company: | OPTEX GROUP CO., LTD. |
Representative: | Isamu Oguni, President & CEO |
(TSE Prime Market: 6914) | |
Inquiries: | Iwao Shimokawa, |
General Affairs Division Manager | |
Telephone: | +81-77-527-9861 |
Notice Regarding Revision of Consolidated Financial Results Forecast for the First Half of Fiscal Year Ending December 31, 2022
Based on recent performance trends, OPTEX Group Co., Ltd. (hereinafter, the "Company") announces the revision of its earnings forecasts, previously announced on February 14, 2022.
Details
1. Revision of Earnings Forecasts
Revision of the consolidated financial forecasts for the first half of FY2022 (Jan. 1-Jun. 30, 2022)
Profit | |||||
Net sales | Operating | Ordinary | attributable | Net income | |
income | income | to owners of | per share | ||
parent | |||||
Previous Forecast (A) | (Million yen) | (Million yen) | (Million yen) | (Million yen) | (yen) |
26,100 | 2,850 | 2,900 | 2,150 | 60.53 | |
Revised Forecast (B) | 27,241 | 3,590 | 4,297 | 3,120 | 87.85 |
Difference (B-A) | 1,141 | 740 | 1,397 | 970 | － |
Difference (%) | 4.4 | 26.0 | 48.2 | 45.1 | － |
(Reference) Consolidated results | 22,750 | 2,520 | 2,841 | 1,921 | 53.13 |
for the first half of FY2021 | |||||
2. Reason for the revision
Net sales were higher than the forecast levels in the mainstay SS Business for Europe and the United States, as well as those in the mainstay IA Business for Asia. Profits are also expected to exceed the forecast significantly due to an increase in net sales and strong sales of highly profitable products, as well as the impact of exchange rate fluctuations.
While recent strong inquiries are expected to continue, the impact of the present business environment, such as surges in raw material prices and logistics costs due to the globally tight supply-and-demand condition of semiconductors and electronic parts, among other items, on the Company's business activities is extremely uncertain. In light of this, the Company has decided to leave the previously released full-year forecast (announced on February 14, 2022) unchanged at this time.
If the Company decides that the full-year forecast needs to be revised, taking into account changes in the
external environment and earnings forecasts, it will promptly announce the revision.
(Note) The above forecasts are based on information available and certain assumptions that the Company deems reasonable at the time of the announcement. Actual operating results may differ from these projections due to various factors.
End.