*The impact of foreign exchange from the fiscal year under review: Net sales: +23.9 billion yen, ordinary income: +1.6 billion yen
Factors for Change in Sales by Market
・Digital Electronics: Sales of game console- and LCD-related materials, etc. increased Point ・Automotive: Sales of automotive-related materials such as cockpit modules increased
4
・Broad Market: Sales of after-market products including dashboard cameras, etc. increased
Breakdown of Net Sales Increase/Decrease from the Previous Year
Unit: millions of yen
Broad
Market
Auto-
+13,542
239,774
Digital
Motive
+8,549
Electronics
+17,034
200,646
FY22
FY23
Digital Electronics
[YoY]+17,034 M yen (+19.8%)
(85,961 M yen ⇒ 102,996 M yen)
Toys, Hobby
+8,387 M yen
LCD, Touch panels,
+6,078 M yen
Backlights
Electrical parts,
+1,557 M yen
Semiconductors
Automotive
[YoY] +8,549 M yen (+30.4%)
(28,103 M yen ⇒ 36,653 M yen)
Broad Market
[YoY] +13,542 M yen (+15.6%)
(86,581 M yen ⇒ 100,124 M yen)
Aftermarket
+8,040 M yen
Home appliances (white
+2,343 M yen
goods)
Industrial machinery
+2,126 M yen
Selling, General and Administrative Expenses
5
Unit: millions of
FY22
FY23
Year-on-Year
Increase/Decrease
Factors
yen
・Increase in performance-
Personnel
7,220
8,060
+839
linked bonuses
Expenses
・Increase due to pay raises,
promotions, etc.
Freightage
2,462
2,599
+137
& Packing
Increase due to higher sales
Expenses
・Increase in allowance for
3,531
4,672
+1,140
doubtful accounts
Others
・Increase in travel and
transportation expenses from
relaxation of activity restrictions
SG&A
13,214
15,331
+2,117
SG&A to net sales ratio
Expenses
6.6% ⇒ 6.4%
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Elematec Corporation published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2023 10:26:12 UTC.
Elematec Corp is a Japan-based company mainly engaged in the sale, processing, design and manufacture of electric materials, electronic components and mechanical parts. The Company operates in four regional segments. The Company is engaged in the provision of electrical materials such as substrates, silicon, anisotropic conductive films (ACFs), heat radiation rubbers, high-function films and resins, insulating tapes, high-function adhesives, lens films, anti-reflective materials and inert liquid; electronic components such as connectors, sensors, thermostats, inductors, backlights, fuses and liquid crystal displays (LCDs); mechanical parts such as fiberglass reinforced plastic (FRP) molded products, filters, exterior products, solar panels, power modules and others; other products such as cable accessories, polishing agents, camera monitors and others. The Company operates within the domestic market and to overseas markets, including China, other Asia, Europe and America.
ELEMATEC CORPORATION 
