Brother Industries : Presentation Material (with notes)
November 15, 2021 at 01:10 am EST
Share
1
Financial Results for FY2021 Q2
In addition to positive FX effects, the Machinery business performed well, resulting in higher revenue. Business segment profit reached the same level as the previous year, an all-time high for the second quarter since the transition to IFRS.
Sales revenue was up 12.5% year-on-year to 176.5 billion yen.
In the P&S business, there were supply restrictions due to lower operating rates at factories, but the strong demand for hardware used by people working from home continued, and due to this and effects from improvement in the product mix and price responses as well as firm performance by consumables, revenue increased.
In the Machinery business, revenue increased substantially, mainly as a result of strong performance by machine tools for the automobile industry in China as well as a recovery of demand for capital investment in industrial sewing machines among apparel manufacturers.
Business segment profit was 23.2 billion yen.
Although logistics costs and parts and materials costs were higher, business segment profit remained flat year-on-year as a result of higher gross profit in the Machinery and P&S businesses and positive FX effects.
Forecast for FY2021
The forecast for each measure of profit has been revised upward in response to positive FX effects due to a weaker yen than anticipated and higher profit in the P&S business, mainly in the second quarter.
2
3
I will explain the consolidated results for the second quarter.
Sales revenue in the second quarter of FY2021 was up 19.6 billion yen year-on-year to 176.5 billion yen. Business segment profit was 23.2 billion yen, the same level as in the previous year, and operating profit increased 1.5 billion yen to 24.7 billion yen.
4
This slide shows results in each business segment.
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
Brother Industries Ltd. published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 06:09:03 UTC.
Brother Industries Ltd is a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The Company operates in six business segments. The Printing and Solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The Personal and Home segment is engaged in the manufacture and sale of household sewing machines. The Machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, among others. The Network and Contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, as well as the provision of contents delivery services. The Domino segment is engaged in the manufacture and sale of industrial printing equipment. The Others segment is involved in the real estate business.
BROTHER INDUSTRIES, LTD. 
