Financial Results FY2020（7213）

1. Current Results

(Unit：million yen）

FY2019

FY2020

Comparison

FY2021

Comparison

Change

%

Forecast

Change

%

Sales

26,051

(100.0)

15,553

(100.0)

-10,497

18,000

(100.0)

+2,446

-40.3%

+15.7%

COGS

19,770

(75.9)

12,250

(78.8)

-7,520

-38.0%

Gross profit

6,280

(24.1)

3,303

(21.2)

-2,977

-47.4%

SG&A

4,425

(17.0)

3,343

(21.5)

-1,082

-24.5%

Operating Profit

1,854

(7.1)

-40

(-0.3)

-1,894

-

500

(2.8)

+540

-

Ordinary Profit

1,830

(7.0)

35

(0.2)

-1,794

-98.0%

500

(2.8)

+464

-

Net profit

891

(3.4)

-124

(-0.8)

-1,015

-

200

(1.1)

+324

-

Net income per share

74.39

YEN

-9.77YEN

-84.16

-

15.68

YEN

+25.45

-

Exch.rate（US$）

109.0

YEN

105.9

YEN

-3.0

108.0

YEN

+2.1

-2.8%

+1.9%

Sales graph

Ordinary Profit graph

（Unit：Millon yen）

Q1-Q2

Q3-Q4

（Unit：Millon yen）

25,000

26,051

21,538

20,000

18,000

16,985

15,749

15,553

15,000

10,000

5,000

11,835

6,571

6,471

7,689

6,178

0

FY16

FY17

FY18

FY19

FY20

FY21

(forecast)

(forecast)

3. Investments and R&D

(Unit：million yen）

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

(Forecast)

Investment

306

492

770

916

337

400

Amortization

384

473

534

514

433

484

R&D

445

691

761

854

506

600

(FY2020 Breakdown）

Investment： Renewal of in-house equipment (molds, machines, devices etc.)

R&D：

Cashless payment, Expansion of LIVU function, Energy management system etc.

4. Market Share of Main Products in Japan

(Unit：％）

FY2016

FY2017

FY2018

FY2019

FY2020

FBX for bus

56.7%

57.8%

58.4%

60.1%

61.4%

Bus

IC Card System

61.0%

61.3%

61.5%

63.4%

64.2%

LED Destination Sign

42.2%

41.2%

40.9%

41.0%

40.9%

LCD Sign

74.9%

73.4%

71.4%

72.3%

69.6%

Rail

FBX for rail

90.4%

91.1%

90.4%

91.4%

91.4%

Automob.

Fluorescent/LED Lightning for Trucks

87.0%

85.9%

86.2%

87.2%

86.1%

Industry

Recharger for Battery-Driven Forklifts

56.0%

59.1%

61.9%

58.4%

57.9%

5. Main events April 2020- May 2021

2020.04 LECIP CORPORATION absorbed and merged LECIP SLP CORPORATION.

2. Revenues by Segment (FY2020）

(Unit：million yen）

Sales

FY2019

FY2020

Comparison

Change

%

Trans port

20,171

10,393

-9,778

-48.5%

(Bus)

(16,889)

(7,471)

(-9,417)

(-55.8%)

(Rail)

(2,160)

(1,905)

(-255)

(-11.8%)

(Automob.)

(1,121)

(1,016)

(-105)

(-9.4%)

I n du stry

5,836

5,118

-718

(-12.3%)

(Power Supply)

(2,216)

(2,019)

(-196)

(-8.9%)

(Eco&High voltage)

(662)

(536)

(-126)

(-19.1%)

(EMS)

(2,957)

(2,562)

(-394)

(-13.4%)

Other

43

41

(-2)

(-3.7%)

(Elimination)

-

-

-

-

TOTAL

26,051

15,553

-10,497

-40.3%

Operating Profit

FY2019

FY2020

Comparison

%

Trans port

1,817

18

-1,798

(Bus)

-

-

-

(Rail)

-

-

-

(Automob.)

-

-

-

I n du stry

84

-12

-97

(Power Supply)

-

-

-

(Eco&High voltage)

-

-

-

(EMS)

-

-

-

Other

2

7

+4.0

(Elimination)

-49

-52

-2.7

TOTAL

1,854

-40

-1,894

2020.04 Developed "QUICK RIDE", a ticketing app that enables cashless payment from smartphones.

2020.05 Obtained EMV Level 2 certification for validator "LV-700".

2020.10 Started handling "1 day free ticket" of Yoro Railway (Gifu Prefecture) on the app "QUICK RIDE".

2020.11 Received IT Award (Social problem solving field) for "QUICK RIDE"

2020.12 Started handling "Burayasu Ticket" of Tokyo Bay City Bus (Chiba Prefecture) on the app "QUICK RIDE" . 2020.12 Added commuter pass / carnet function to the app "QUICK RIDE".

2021.02 Validator "LV-700" had been decided to be adopted by German company IVU Traffic Technologies AG . 2021.02 Started handling "1 day bus ticket" and "Bus carnet" of Osaka City Bus (Osaka) on the app "QUICK RIDE".

2021.03 Started handling "Smartphone commuter pass" and "1 day free ticket" of Nagaragawa Railway (Gifu Prefecture) on the app "QUICK RIDE".

2021.05 Started handling "Daytime Ticket" of Gifu Bus (Gifu Prefecture) on the app "QUICK RIDE".

【Contact】

LECIP HOLDINGS CORPORATION General Affairs Dep, PR Group TEL:+81-58-324-3121

Attachments

  • Original document
  • Permalink

Disclaimer

LECIP Holdings Corporation published this content on 19 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2021 12:59:06 UTC.