Presentation Transcripts
Latest Update : Aug.26, 2022
Back to Financial Results (FY3/2023)
Investor Meeting Presentation for 1Q FY 3/2023 held on August 5, 2022
- Cover
- Today's Agenda
- Financial Results
- Summary of Consolidated Business Results for 1Q
- Net Sales, Operating Income / Margin
- 1Q Actual: Differences from the Forecast as of May
- 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, 2023
- Forecast for Business Segment
- Business Update & Management Strategy
- Today's Points
- Today's Points (2)
- 3 spears +1
- Growth strategy
- New M&A deals
- Commencement of TOB of HONDA TSUSHIN KOGYO CO., LTD
- Acquisition of All Shares of SUMIKO TEC CO., LTD.
- Solidify the Foundation as 8 Spear by Integrating 3 Companies
- Connectors' Future with Ultra High-Speed Communications
- Image of connector-related in-vehicle products after integration
- Solidify the Foundation as 8 spear by Integrating 3 Companies
- Acquisition of All Shares of Honda Lock Mfg. Co., Ltd.
- Strengthening the access products business via integration
- Expand automotive Tier1 business based on access products
- Strengthening the Access Products Business
- Name of New Tokyo Base and Shareholders Return, etc
- Forward-looking Statements
- Reference
Now let's look at the electronic devices & components segment.
Net sales decreased 15.4% quarter on quarter to total 81.4 billion yen.
Looking at the results by product, we see that sales of motors decreased 10.9% quarter on quarter to reach 62.7 billion yen. This is mainly due to the impact of the lockdown in Shanghai.
Sales of electronic devices were down 36.6% from the previous quarter to total 9.7 billion yen. This is due to declined sales of LED backlight models used by our key customers.
Sales of sensing device, totaling 8.2 billion yen, were down 10.0% from the previous quarter.
Operating income came to 0.2 billion yen, and the operating margin was 0.2%. On a quarter-on-quarter basis, operating income decreased by 95.0% while the operating margin decreased 3.9 percentage points.
8page (total 53pages)
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