Shinko Electric Industries : (Digest) FY 2023 Financial Results

April 25, 2024

SHINKO ELECTRIC INDUSTRIES CO., LTD.

FY2023 Financial Results

from April 1, 2023 to March 31, 2024

1．Consolidated Financial Highlights

	Yen
	(millions)
Years ended March 31	FY2023	FY2022
Net sales	209,972	286,358
Operating profit	24,810	76,712
Ordinary profit	27,257	78,755
Profit attributable to owners of parent	18,609	54,488
Earnings per share (Yen)	137.73	403.32
Cash dividends per share (Yen)	25.00	50.00
Total assets	393,750	386,934
Net assets	264,977	251,014
Shareholders' equity to total	67.3%	64.9%
Net sales by business segment
Plastic Packages	127,752	176,844
Metal Packages	73,878	99,284
Others	8,341	10,229
Total	209,972	286,358
Ordinary profit by business segment
Plastic Packages	11,828	47,331
Metal Packages	16,133	31,224
Others/Adjustment	(704)	198
Total	27,257	78,755

2．Consolidated Earnings Forecast for FY2024

	Yen
	(millions)
	FY2024
	(Year ended
	March 31, 2025)
Net sales	250,000
Operating profit	44,000
Ordinary profit	45,000
Profit attributable to owners of parent	30,000
Earnings per share (Yen)	222.03