The second quarter of the fiscal year ending March 2023
Consolidated Statements of Income for 2Q of FY2022
Financial Highlights
3
Both sales and profits increased significantly due to the continuous favorable performance of the major markets, such as the automotive market, and the
impact of the yen's depreciation in the exchange rate.
Further, both sales and profits recorded all-time highs in the second quarter
Unit: millions of yen
FY22 2Q
FY23 2Q
Year-on-year
Increase/Decrease
(USD=109.81YEN)
(USD=134.03YEN)
Factors
Net sales
91,660
123,167
+34.4%
Increase mainly due to higher
sales of automotive related materials
Gross profit
9,928
13,980
+40.8%
Increase due to higher sales
Gross profit margin
10.8%
11.4%
+0.6pt
SG&A expenses
6,447
7,351
+14.0%
Increase in personnel expenses
Operating
3,481
6,628
+90.4%
income
Ordinary income
3,408
6,122
+79.6%
Net income
2,397
4,164
+73.7%
EPS
58.55 yen
101.71yen
－
Dividends
17 yen
27 yen
－
[Consolidated] Business Results History
4
Point Both sales and profits recorded all-time highs in the second quarter
Both net sales and ordinary income increased year-on-year mainly due to higher
5
Point
sales of automotive-related and display-related materials
FY2022FY2023
Unit：millions of yen
Net sales
Ordinary income
65,538
53,798
55,187
57,629
45,034
46,626
3,777
2,415
2,345
1,803
2,043
1,605
1Q
2Q
3Q
4Q
1Q
2Q
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Elematec Corporation published this content on 08 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2022 00:31:08 UTC.
Elematec Corp is a Japan-based company mainly engaged in the sale, processing, design and manufacture of electric materials, electronic components and mechanical parts. The Company operates in four regional segments. The Company is engaged in the provision of electrical materials such as substrates, silicon, anisotropic conductive films (ACFs), heat radiation rubbers, high-function films and resins, insulating tapes, high-function adhesives, lens films, anti-reflective materials and inert liquid; electronic components such as connectors, sensors, thermostats, inductors, backlights, fuses and liquid crystal displays (LCDs); mechanical parts such as fiberglass reinforced plastic (FRP) molded products, filters, exterior products, solar panels, power modules and others; other products such as cable accessories, polishing agents, camera monitors and others. The Company operates within the domestic market and to overseas markets, including China, other Asia, Europe and America.
ELEMATEC CORPORATION 
