Financial Results for 3rd
Quarter FY2024
SHIMA SEIKI MFG., LTD.
February 2025
- Summary of Operating Results for 3rd Quarter of the Fiscal Year Ending March 31, 2025
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Summary of Operating Results for 3rd Quarter of the Fiscal Year Ending March 31, 2025
FY 2024 | FY 2023 | |
(Terms: million yen) | 3Q | 3Q |
Net Sales | ２１，８６３ | ２６，２８２ |
Operating | （９，７９３） | ７５８ |
Income | ||
Ordinary Income | （９，５２０） | １，１９８ |
Net income Attributable | （１１，２８１） | ９８５ |
to owners of the parent | ||
FY 2023
３５，９１０
４３０
１，０１８
１，０３０
Exchange rate (JPY) | FY 2024 | FY 2023 |
3Q | 3Q | |
USD/JPY | １５８．１８ | １４１．８３ |
１５２．７０ | １３９．８１ | |
EUR/JPY | １６４．９２ | １５７．１２ |
１６４．９７ | １５３．３０ | |
Exchange rate at the end of the period (Upper level)
Average exchange rate used for translation of sales (Lower level)
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Sales Composition by Segment 〔Consolidated〕（FY 2024 3Q）
Other
¥4,350 million
（19.9％）
Glove and Sock
Knitting Machines
¥567 million
（2.6％）
Flat Knitting
Machines
Total
21,863
million yen
¥14,765 million
（67.5%）
Design System
¥2,179 million
（10.0%）
( ) is the sales composition ratio.
-3-
Sales and Operating Income Composition by Segment
（FY 2024 3Q）
Net Sales | Comparison with | Operating | Comparison with | |||
(million yen) | previous year (%) | income | previous year (%) | |||
Flat Knitting | 14,765 | -20.9 | （4,511） | ― | ||
Machine | ||||||
Design System | 2,179 | -19.0 | 140 | -80.5 | ||
Glove and Sock | 567 | +248.5 | （6） | ― | ||
Knitting Machines | ||||||
Other | 4,350 | -8.5 | （428） | ― | ||
Corporate | （4,987） | |||||
elimination | ||||||
Total | 21,863 | -16.8 | （9,793） | ― | ||
-4-
Sales by Region 〔Consolidated〕 （FY 2024 3Q）
Europe
4.8 billion yen (22%)
1.5
billion yen
(7%)
Middle East
Total
21.8
billion yen
Asia
Japan
9.9
billion yen 3.9
billion yen
(46%) (18%)
Other areas
1.5
billion yen
(7%)
( ) is the composition ratio.
-5-
Consolidated Sales by Region 〔Consolidated〕 (FY 2024 3Q)
FY 2024 | FY 2023 | Comparison with | |||
(million yen) | 3Q | 3Q | previous year (%) | ||
Japan | 3,987 | 5,255 | -24.1 | ||
Europe | 4,855 | 6,151 | -21.1 | ||
Asia | 9,902 | 11,754 | -15.8 | ||
Middle East | 1,541 | 1,803 | -14.5 | ||
Other Areas | 1,576 | 1,317 | +19.6 | ||
(Overseas) | |||||
Total | 21,863 | 26,282 | -16.8 | ||
-6-
Developments in Quarterly Orders Received,
Sales and Backlogs 〔Consolidated〕
(Orders received/Sales) million yen | (Backlogs) million yen | |||||||||||||||||
24,000 | Orders received | 16,000 | ||||||||||||||||
Sales | ||||||||||||||||||
Backlogs | ||||||||||||||||||
18,000 | 12,000 | |||||||||||||||||
12,000 | 8,000 | |||||||||||||||||
6,000 | 4,000 | |||||||||||||||||
0 | 0 | |||||||||||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q |
FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | ||||||||||||||
-7- |
Developments in Quarterly Results 〔Consolidated〕
(million yen) | |||||||||||
FY2022 | FY2023 | FY2024 | |||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | |
Net sales | 9,252 | 8,665 | 8,929 | 11,038 | 11,695 | 7,474 | 7,112 | 9,628 | 8,061 | 6,710 | 7,091 |
Operating | (712) | 276 | (208) | (1,540) | 695 | (327) | 391 | (328) | (493) | (1,444) | (7,854) |
income | |||||||||||
Ordinary | (516) | 309 | (198) | (1,294) | 918 | (353) | 633 | (180) | (343) | (1,692) | (7,484) |
income | |||||||||||
Net income | |||||||||||
attributable to | (686) | 174 | (545) | (4,586) | 740 | (372) | 616 | 44 | (380) | (1,744) | (9,153) |
owners of the | |||||||||||
parent | |||||||||||
Orders | 9,726 | 9,093 | 6,251 | 9,216 | 5,507 | 5,413 | 6,333 | 8,263 | 8,224 | 4,712 | 6,982 |
received | |||||||||||
Backlogs | 8,186 | 10,145 | 9,001 | 8,700 | 4,201 | 3,669 | 4,428 | 4,419 | 6,102 | 5,584 | 6,825 |
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Ⅱ．Revision of Plan for Financial Results
for Fiscal Year Ending March 2025
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