HIRANO TECSEED : Results Briefing Material for the FY2023 1st Quarter

Consolidated Financial

Results 1Q FY2023

August 10, 2023

Index

• Results Highlights
• 1Q FY2023 Results
• 1Q FY2023 Results by Segment
• FY2023 Outlook
• Future Initiatives

1

Company Profile

Company Name

Representative

Paid-in Capital

Headquarters

Group Companies （wholly-owned）

Number of Employees

Securities Code

HIRANO TECSEED Co., Ltd.

Kaoru Okada, President

¥1,847,821,000 (as of end-June 2023)

101-1, Kawai, Kawai-cho,Kitakatsuragi-gun, Nara Pref. 636-0051, Japan

• HIRANO GIKENKOGYO Co., Ltd. • HIRANO K&E Co., Ltd. 320 (Consolidated: 416, as of end-June 2023)
  6245 (Industry: Machinery)

2

Results Highlights

	1Q FY2023 results					FY2023 earnings forecasts
		1Q FY2023	YoY				FY2023 forecasts	YoY
Net Sales	¥12,584mn	＋¥3,358mn		Net Sales	¥41,000mn	-¥1,423mn
＋36.4％		-3.4％
Operating Income	¥629mn	-¥45mn		Operating Income	¥2,920mn	-¥173mn
-6.7％		-5.6％
Operating Income	5.0%	-2.3pts		Operating Income	7.1%	-0.2pts
Margin		Margin

Topics

1Q FY2023 results

FY2023 earnings forecasts

• Net sales rise on capture of demand for lithium-ionbattery-use anode coating equipment in the Coating and Laminating Machinery Segment and for semiconductor materials-use coating machinery such as for multi-layer ceramic capacitors (MLCC) and polyimide films in the Industrial Machinery Segment
• Operating income margin falls on sharp rise in costs (mainly for industrial materials and personnel)
• Expect slight YoY decline in net sales as a consequence of sales booking postponement resulting from change in clients' delivery locations
• Expect a similar slight YoY decline in operating income despite efforts to pass through higher costs via price negotiations where necessary
• No change to either the net sales or operating income forecasts

3

1Q FY2023 Results