Consolidated Financial Highlights

21F

Third Quarter

January 31st, 2022

TSE Code:6737

Disclaimer Regarding Forward-looking Statements

Any statements in this document, other than those of historical fact, are forward-looking statements about the future performance of EIZO and its group companies, which are based on management's assumptions and beliefs in light of information currently available, and involve apparent or potential risks and uncertainties including forex impact, and risks related to supply and demand. Actual results may differ materially from these forecasts.

Note: "21Q3" appearing in this presentation means "Third Quarter Fiscal year 2021".

"21F" appearing in this presentation means "Fiscal year 2021", that is Fiscal year ended March 31, 2022.

Details of the Market Group

Market Group

Market / Use

Business & Plus (B&P)

Financial institutions , Public authorities , Educational facilities , CAD , Commercial facilities , Business and

home use

Healthcare (HC)

Diagnosis / Medical examination , Medical treatment / Operation , Healthcare-IT

Creative Work (CW)

Media & Entertainment , 3D computer graphics , Photo editing , Illustration , Design , Publication / Printing

For various mission critical environments, infrastructure and industrial equipment

Vertical & Specific (V&S)

Air traffic control (ATC) , Maritime , Security & Surveillance (S&S) , MIL-STD compliance & Other industrial

fields (including touch panel applications)

Amusement (AMU)

LCD-mounted pachinko and slot machines

Other (OTH)

Maintenance services and commissioned development of software

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21F, Third Quarter

© 2022 EIZO Corporation. All Rights Reserved.

Contents

  1. 21Q3 Consolidated Financial Results
  2. 21F Plan / Topics
  3. Reference Materials

2

21F, Third Quarter

© 2022 EIZO Corporation. All Rights Reserved.

21Q3 Consolidated Financial Highlights

Sales & Operating Income Increased

Our Supply Strategy Contributed to Strong Sales Growth

  • Our stable supply contributed to strong sales growth. We temporarily reduced our production levels* in response to the worldwide component shortage. We minimized its effects by speedy design changes using alternative components and improvement in procurement conditions as

well as our product inventory strategy overseas.

*We reduced our production levels mainly for B&P products from October to November.

  • Operating Income increased significantly. Gross profit ratio increased by 1.6pt compared to 20Q1-Q3. SG&A increased as expenses in 20Q1-Q3 for sales & marketing were controlled strictly and increased R&D expenses.

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21F, Third Quarter

© 2022 EIZO Corporation. All Rights Reserved.

Consolidated Income Statement

(JPY Million)

20Q1-3

21Q1-3

YoY

Net Sales

53,507

63,716

119.1%

Gross Profit

18,376

22,916

124.7%

Gross Profit / Net Sales

34.3%

36.0%

1.6pt

Selling, General and

13,764

14,506

105.4%

Administrative Expenses

Operating Income

4,612

8,409

182.3%

Operating Income / Net Sales

8.6%

13.2%

4.6pt

Ordinary Income

5,587

9,159

163.9%

Net Income Attributable to

3,884

6,735

173.4%

EIZO Corporation's Stockholders

Exchange Rate(Year-To-Date Ave.):USD

JPY106.11

JPY111.14

JPY5.03

Exchange Rate(Year-To-Date Ave.):EUR

JPY122.44

JPY130.60

JPY8.16

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21F, Third Quarter

© 2022 EIZO Corporation. All Rights Reserved.

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Eizo Corporation published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 07:27:59 UTC.