Market Closed -
Japan Exchange
02:00:00 2024-04-26 am EDT
5-day change
1st Jan Change
833
JPY
+1.96%
+10.92%
-3.14%
Daishinku : Financial Results Briefing for the Year Ended March 31,2023
June 15, 2023 at 03:22 am EDT
Financial Results Briefing
Financial Results for the Year Ended March 31, 2023
May 29, 2023
DAISHINKU CORP. (Code: 6962)
President, Minoru Iizuka
Results for the Year Ended
March 31, 2023
Copyright © DAISHINKU CORP. All rights reserved.
2/30
Performance Report for the FY2023
Lower revenues and profits
Unit: Million yen
FY2022
FY2023
YoY Change
Increase/ Decrease
Rate of Change
38,430
Net sales
41,306
(2,876)
↓
(7.0%)
4,210
Operating income
5,194
(984)
↓
(19.0%)
Ordinary income
6,547
5,106
(1,441)
↓
(22.0%)
Profit attributable to
3,848
3,208
(640)
↓
(16.6%)
owners of parent
USD average rate (yen)
112.39
135.50
23.11 ↑
Copyright © DAISHINKU CORP. All rights reserved.
3/30
S ales by Application (YoY Change)
FY2022FY2023
41.3
Net sales
38.4
IE
billion yen
billion yen
change rate
14%
15%
26%
26%
CE
IE: Industrial Equipment
CE: Consumer Equipment
AE: Automotive Electronics
TC: Telecommunications
Sluggish demand for FA/robot applications since 2Q due to restrained capital expenditures
Weak sales mainly for PC applications from the second half onwards due to a reactionary fallback from COVID-19- induced demand
Production adjustment due to shortage of analog semiconductors despite a continued increase in the number of parts
Sluggish demand mainly for
smartphone and communication
module applications in China
Copyright © DAISHINKU CORP. All rights reserved.
4/30
Operating Income Analysis (YoY Change)
Unit: Million yen
(984)
Operating
Income
5,194
Operating
Income
4,210
Copyright © DAISHINKU CORP. All rights reserved.
5/30
Attachments
Original Link
Original Document
Permalink
Disclaimer
Daishinku Corporation published this content on 15 June 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 15 June 2023 07:21:05 UTC .
Daishinku Corp. Reports Earnings Results for the Full Year Ended March 31, 2023
23-05-12
CI
Daishinku Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2020
20-05-12
CI
Daishinku Corp. Announces Dividend for the Year Ended March 31, 2020
20-05-12
CI
Daishinku Corp. Announces Commemorative Dividend for the Year Ended March 31, 2020
20-05-12
CI
Daishinku Corp. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
20-02-11
CI
Daishinku Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
19-11-12
CI
Daishinku Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
19-08-08
CI
Daishinku Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
18-05-16
CI
Daishinku Corp. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
18-02-12
CI
Daishinku Corp. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ending March 31, 2018
17-11-09
CI
Daishinku Corp. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
17-08-09
CI
Daishinku Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
17-05-11
CI
Daishinku Corp. Announces Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
17-02-09
CI
Daishinku Corp. Provides Dividend Guidance for the Full Year Ending March 31, 2017
17-02-09
CI
Daishinku Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017
16-11-10
CI
Daishinku Corp.'s Equity Buyback announced on October 14, 2016 has expired.
16-10-13
CI
Daishinku Corp. authorizes a Buyback Plan.
16-10-13
CI
Daishinku Corp. announces an Equity Buyback for 332 shares, for ¥0.36 million.
16-10-13
CI
Daishinku Corp. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Year 2016
16-08-09
CI
Daishinku Corp. Announces Consolidated and Un-Consolidated Earnings Results for the Full Year Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
16-05-16
CI
Daishinku Corp. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
16-02-11
CI
SiTime Corporation Announces Strategic Partnership with Daishinku Corporation
15-11-23
CI
Daishinku Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
15-11-11
CI
Daishinku Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016
15-08-09
CI
Daishinku Corp. Announces Consolidated and Un-Consolidated Earnings Results for the Full Year Ended March 31, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
15-05-14
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
DAISHINKU CORP. is a Japan-based company principally engaged in the manufacture and sale of crystal applied electronic components. The Company is a general manufacturer of crystal devices that manufactures and sells electronic parts such as general crystal resonators, tuning fork crystal resonators and crystal application products from materials such as engineering crystals. The Company produces and sells crystal-applied electronic components and develops business through six geographic segments: Japan, the United States, Europe, China, Taiwan and Asia. The Company also conducts non-life insurance agency business and staff dispatch business.
More about the company
Average target price
975
JPY
Spread / Average Target
+17.05%
Consensus
1st Jan change
Capi.
-3.14% 171M +21.55% 72.37B +48.33% 65.86B -4.21% 34.41B -16.43% 28.52B -7.17% 14.26B -13.03% 9.92B +5.83% 9.52B +71.16% 8.54B +26.49% 8.36B
Electronic Component
+951% of historical performance
More than 20 years at your side
Our Experts are here for you
OUR EXPERTS ARE HERE FOR YOU
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1