Presentation for the Fiscal Year Ended March 31, 2022
May 25, 2022
This datum is based on the data as of March 31, 2022. The opinion and forecast described here is based on our judgment at that time and may possibly be changed without notice.
- Operation results for FY2022
- FY2023 earning forecast
- General Condition
- Strengthen profit structure
- The situation of focus markets(Auto, Medical, Standard products)
- The background of choosing standard division
- Summary
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1. Summary of Consolidated Financial Results for Fiscal Year Ended Mar 2022
（Million yen） | |||||||
FY2021 | FY2022 | Change | Change Ratio | ||||
Amount | |||||||
Net Sales | 19,539 | 21,722 | 2,182 | 11.2% | |||
Operating | |||||||
176 | 148 | (27) | (15.7%) | ||||
Income | |||||||
(Margin) | 0.9% | 0.7% | - | - | |||
Ordinary | |||||||
359 | 354 | (4) | (1.2%) | ||||
Income | |||||||
Net Income | |||||||
633 | (82) | (715) | - | ||||
Attribute to owners | |||||||
of parent | |||||||
FY2021： | １US$＝106.2 JPY | 2 | |||||
FY2022： | １US$＝112.9 JPY |
1. Highlight
- Net sales increased year on year due to a recovery in demand for automotive and medical applications compared to the previous fiscal year, when the impact of the Corona crisis was significant. However, opportunity losses were also incurred in automobile applications, affected by production cutbacks due to a shortage of semiconductors and parts.
- Operating income declined YoY due to the aforementioned opportunity loss and the recording of expenses associated with the relocation of a US subsidiary's plant, an increase in project start-up costs at a Mexican subsidiary, and utility costs such as raw materials and logistics.
- Ordinary income declined slightly year on year, despite foreign exchange gains.
- Net income fell sharply compared with the previous fiscal year, when the company recorded a gain on the sale of its California plant. This was mainly due to an extraordinary loss associated with the relocation of its U.S. subsidiary's Tennessee plant.
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1. Quarterly Transition of Sales and Income(Consolidated)
（Million yen） | Net Sales(Left axis) | Operationg | Income(Right axis) | （Million yen） | |||||
6,000 | 5,457 | 5,666 | 5,439 | 5,540 | 500 | ||||
5,322 | 5,432 | 5,375 | 5,330 | 5,412 | |||||
5,150 | 316 | ||||||||
4,680 | |||||||||
122 | 146 | 156 | |||||||
3,736 | 104 | ||||||||
66 | |||||||||
32 | 49 | ||||||||
27 | |||||||||
3,000 | (36) | (72) | 0 | ||||||
(329)
0 | -500 | ||||||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | ||
FY20 | FY21 | FY22 | |||||||||||
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