Presentation Transcripts
Latest Update : Nov.30, 2021
Back to Financial Results (FY3/2022)
Investor Meeting Presentation for 2Q of FY3/2022 held on November 5, 2021
- Cover
- Today's Agenda
- Financial Results
- Summary of Consolidated Business Results for 2Q
- Summary of Consolidated Business Results for 1H
- Net Sales, Operating Income/margin
- 2Q Actual: Differences from the Forecast as of August
- Machined Components
- Electronic Devices & Components
- Mitsumi Business
- U-Shin Business
- Profit attributable to owners of the parent / EPS
- Inventory
- Net interest-bearing debt / Free cash flow
- Forecast for Fiscal Year Ending March 31, 2022
- Forecast for Business Segment
- Business Update & Management Strategy
- FY3/22 Forecast Highlights (Revised upward)
- Machined Components (Prepare for giant leap)
- Electronic Devices and Components (Expand motors)
- Mitsumi Business (Aim at record high OP)
- U-Shin Business (Wait for the recovery of auto production)
- Estimate for next fiscal year (Aim ¥100bn OP)
- Key businesses driving mid-to long-term growth (Beyond 1,000)
- QCDESS and Environmental Load Reduction Activities
- (1) Toward carbon neutrality
- (2) Toward Realizing "MMI Beyond Zero"
- (2) Effort for "MMI Beyond Zero"
- Dividends
- Forward-looking Statements
- Reference
Consolidated net sales for the second quarter of the fiscal year ending March 31, 2022, was up 2.8% year on year and up 13.6% quarter on quarter to total 281,955 million yen. Operating income totaled 25,005 million yen, which was 42.8% up year on year and up 27.4% quarter on quarter.
Profit for the period attributable to owners of the parent increased 54.4% year on year and 39.1% quarter on quarter, for a total of 20,393 million yen.
Net sales, operating income and quarterly profit all hit 2Q record highs.
We estimate that foreign currency translations have a year-on-year impact of plus 10.4 billion yen in net sales and plus 2.8 billion yen in operating income. Quarter on quarter impact was plus 1.7 billion yen in net sales and plus 1.5 billion yen in operating income.
We made slight retrospective changes to last fiscal year's financial statements due to the PPA for ABLIC. Please note that the figures on the following pages are revised figures.
4page (total 38pages)
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