Presentation Transcripts

Now let's look at the electronic devices & components segment.

In the fiscal year ended March 31, 2021, net sales were down 4.1% year on year to total 363.8 billion yen.
Looking at the results by product, we see that sales of motors increased 12.1% year on year to reach 201.9 billion yen. This increase was due to the recovery of all products, from the impact from COVID-19 in the first quarter.
Electronic devices sales were down 23.2% year on year to hit 124.7 billion yen due to the declining number of sales units of models that use LED backlights at the major customers.
Net sales of sensing devices totaled 32.6 billion yen, increasing 0.4% year on year.

Operating income increased 0.5% year on year to reach 17.6 billion yen while the operating margin rose 0.2 percentage points to reach 4.8%. Looking at the results by product, we see that operating income was up for motors and sensing devices but down for electronic devices.

In the fiscal year ending March 31, 2022, we anticipate that the growth of motors will accelerate and that sales and profits will increase significantly. For electronic devices, we expect a decrease in sales and profits due to a decrease in the number of units of models that use LED backlights.
Sales of sensing devices will be almost flat, but profits are expected to increase due to improved profitability.
From the fiscal year ending March 31, 2022, we have changed our business segment classification for some businesses (hereinafter "business transfer"). I will explain that in details later on when we look at the slides "Forecast for Business Segment" and "Changes to Business Segments."
For your reference, figures of the fiscal year ended March 2021 and before are presented based on the classification before the changes. The same applies hereinafter.