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
Here shows the difference between the forecast as of August and actual results for net sales and operating income by business segment for the second quarter.
Net sales for the machined components business segment were slightly lower than projected due to a slowdown in sales to the automobile industry caused mainly by a shortage of semiconductors.
The electronic devices and components business saw lower-than-expected net sales due primarily to lagging sales of automotive motors and backlights caused by a shortage of semiconductors.
The Mitsumi business enjoyed higher-than-projected sales for mechanical components, optical devices, analog semiconductors and so on.
The U-Shin business experienced lower-than-expected sales due to a slowdown in automobile production.
Operating income for the machined components business segment was almost on a par with the forecast.
The electronic devices and components business experienced lower-than-expected operating income due to decline in sales.
The Mitsumi business saw operating income top the forecast thanks to higher-than-expected sales of optical devices and semiconductors as well as further improvement in the profitability of semiconductors.
The U-Shin business experienced lower-than-expected operating income due to a decline in sales.
7page (total 38pages)
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