Consolidated Results for the Six Months Ended September 30, 2021
November 11, 2021 at 03:18 am EST
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Financial Results
Presentation
Consolidated Results for the 2nd Quarter
(For the Six Months Ended September 30, 2021)
AMADA CO., LTD.
November 11, 2021
FY2021 Summary
*Profit attributable to owners of parent
Results
Amount
YoY
YoY(in real terms)
Revenue
¥141.8bn
+25.0%
+20.4%
Operating Profit
¥17.5bn
+13.8%
-1.7%
Profit*
¥13.1bn
+17.3%
+2.0%
Orders
¥184.2bn
+63.1%
+57.5%
Topics
Revenues increased thanks to the recovery trend in capital investment as normalization of economic activity has made progress globally.
By region, Europe recovered significantly and North America achieved the record-high sales for the first half-year.
As for segment, sales in all segments increased steadily as the economy recovered.
Operating profit increased by higher sales, improvement in factory operating rate and effect of foreign exchange rates.
Orders remained strong reaching the highest-ever for the half-year. (Orders of North America, Europe, Asia and others were all record-high level)
Impact from component shortages and soaring raw materials costs was limited in the first half-year term.
1
Consolidated Income Statement Results
[Billions of yen]
FY2020 2Q[Result]
FY2021 2Q[Result]
YoY
Amount
Share(%)
Amount
Share(%)
Amount
Difference
(%)
Revenue
113.5
100.0%
141.8
100.0%
28.3
25.0%
Gross profit
45.2
39.9%
60.3
42.5%
15.0
33.2%
SG&A
39.1
34.5%
43.3
30.5%
4.1
10.6%
Variable cost
4.8
4.2%
6.5
4.6%
1.7
36.0%
Fixed cost
34.3
30.2%
36.7
25.9%
2.4
7.1%
Operating profit
15.4
13.6%
17.5
12.4%
2.1
13.8%
Profit *
11.2
9.9%
13.1
9.3%
1.9
17.3%
exchange rate
USD
106.92
109.80
2.88
EUR
121.29
130.89
9.60
RMB
15.26
16.99
1.73
* Profit attributable to owners of parent
FY2021
[Forecast]
Amount
Share(%)
Progress (%)
300.0
100.0%
47.3%
125.3
41.8%
48.1%
89.9 30.0% 48.2%
13.5 4.5% 48.6%
76.4 25.5% 48.1%
36.0
12.0%
48.8%
26.0
8.7%
50.6%
106.12
126.74
16.47
2
Trend of Orders
Orders by division
Others
184.2
0.6
The Breakdown of
10.3
Sheet-metal Fabrication
Stamping Press
20.7
Machines Division
Metal Cutting
16.0
Consumables
136.4
&Grinding
Service
[Billions of yen]
Orders by Region
184.2
Precision
112.9
Software/FA
20.8
0.6
Welding
Machinery
10.5
5.9
Sheet-metal
14.0
4.3
82.9
Fabrication
9.3
Machines
16.7
136.4
9.3
3.3
100.6
82.9
53.4
112.9
63.4
Overseas
Domestic
49.5
111.0
73.1
FY2020 2Q
FY2021 2Q
FY2020 2Q FY2021 2Q
FY2020 2Q FY2021 2Q
3
Results by Segments
Metal Working Machinery Segment
116.2
92.9
14.714.3
FY2020 2Q
FY2021 2Q
Revenue
Operating profit
Sales
FY2019
FY2020
YoY
Sheet-metal
82.8
104.2
25.9%
Precision Welding
10.1
11.9
17.7%
OPM
15.9%*
12.4%
*Including gain on sale of fixed assets
[Billions of yen]
Metal Machine Tools Segment
25.0
19.8
2.7
0.2
FY2020 2Q
FY2021 2Q
Revenue
Operating profit
Sales
FY2019
FY2020
YoY
Metal Cutting
13.9
17.6
26.3%
& Grinding
Stamping Press
5.8
7.4
26.6%
OPM
1.2%
11.0%
4
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Disclaimer
Amada Co. Ltd. published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 06:16:01 UTC.
Amada Holdings Co. Ltd. specializes in manufacturing, renting and marketing processing machines. The group also provides maintenance and repair services. Net sales break down by family of products as follows:
- metallurgy machines (80.3): primarily laser and welding machines, cutting and degreasing machines, bending and pressing machines;
- machine tools (19.3%): sawing machine, grinders, etc.;
- other (0.4%).
Net sales are distributed geographically as follows: Japan (45.5%), China (4.1%), Asia (10.1%), Europe (18.7%) and North America (21.6%).