Elematec Corporation Briefing Material on Fiscal Year 2023 3Q 1. Third quarter of fiscal year 2023: Summary
○Third quarter: Consolidated business results
Unit: millions of yen
FY22 3Q
FY23 3Q
Year-on-year
(USD=111.14YEN)
(USD=136.49YEN)
Net sales
145,459
184,905
+27.1%
Operating income
5,658
10,030
+77.3%
Ordinary income
5,452
9,260
+69.8%
Net income
3,826
6,420
+67.8%
○Third quarter of fiscal year 2023: Point
Both sales and incomes increased significantly due to the continuous favorable
performance of the major markets, such as the automotive market, and the
impact of the yen's depreciation in the exchange rate.
Further, both sales and incomes recorded all-time highs in the third quarter
【Factor for increase in sales】 ・ aftermarket products
・ various display-related materials ・ automotive-related materials
2
2. [Consolidated] Third Quarter Business Results
Point Both net sales and ordinary income increased year-on-year mainly due to the higher sales of automotive-related, various display-related, and game console-related materials
FY2022
FY2023
Unit: millions of yen
65,538
Net Sales
Ordinary income
61,737
55,187
57,629
53,798
45,034
46,626
3,777
3,137
2,415
2,345
2,043
1,605
1,803
1Q
2Q
3Q
4Q
1Q
2Q
3Q
3
3. Third Quarter: Consolidated Net Sales/Operating Income
・Net sales increased year-on-year
Point ・Operating income increased as net sales increased, despite a rise in personnel expenses and freightage & packing expenses
Consolidated net sales
Unit: millions of yen
Net sales
184,905million yen
184,905
131,689
145,459
【Year-on-year】+39,446million yen (+27.1%)
Consolidated SG&A expenses
Operating income
10,030million yen
【Year-on-year】+4,372million yen (+77.3%)
8,915
9,774
11,264
Consolidated operating income
10,030
3,732
5,658
FY21 3Q
FY22 3Q
FY23 3Q
4
4. Third Quarter: Consolidated Ordinary Income/ Quarterly Net Income
Point Ordinary income/quarterly net income increased year-on-year due to the higher operating income
Consolidated ordinary income
Unit: millions of yen
Ordinary income
9,260million yen
【Year-on-year】+3,808million yen (+69.8%)
9,260
5,452
3,583
Net income
6,420million yen
【Year-on-year】+2,594million yen (+67.8%)
Consolidated quarterly net income
6,420
3,826
2,548
FY21 3Q
FY22 3Q
FY23 3Q
5
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Elematec Corporation published this content on 27 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2023 06:24:07 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.