Maruwa : FY2022 Second Quarter Financial Results

FY2022 Second Quarter Financial Results

October 31, 2022

MARUWA CO., LTD. (5344)

Disclaimer

This material is not aimed at recommending any investment.

There are forward-looking statements based on current assumptions. Actual results may differ by changes of the environment.

1. First half (consolidated operating results)

40,000

30,000

20,000

10,000

0

（Millions of yen）

	FY2021	FY2022	YoY
	first half	first half
	（Millions of yen）	（Millions of yen）
Net sales	24,722	29,668	＋20.0%
Operating profit	7,926	10,616	＋33.9%
Ordinary profit	8,118	12,219	＋50.5%
Profit attributable to	5,567	8,604	＋54.5%
owners of parent

40.0%

30.0%

20.0%

10.0%

0.0%

FY2020 first half	FY2020 second half	FY2021 first half	FY2021 second half	FY2022 first half
	Net sales of six months		Operating profit of six months			Operating profit ratio of six months

2022 MARUWA CO., LTD.	2

2. Quarterly consolidated operating results

16,000										40.0%
14,000
12,000										30.0%
10,000
8,000										20.0%
6,000
4,000										10.0%
2,000
		（Millions of yen） 0										0.0%
FY2021 1Q	FY2021 2Q	FY2021 3Q	FY2021 4Q	FY2022 1Q	FY2022 2Q
		Net sales	11,112	13,610	15,347	14,273	13,954	15,714
		Operating profit	3,182	4,744	5,434	4,854	4,749	5,866
		Operating profit ratio	28.6%	34.9%	35.4%	34.0%	34.0%	37.3%

Net sales YoY +15.5% QoQ +12.6%

Operating profit YoY +23.6% QoQ +23.5%

2022 MARUWA CO., LTD.	3

3. Quarterly ceramics business

14,000										50.0%
12,000										40.0%
10,000										30.0%
8,000
6,000										20.0%
4,000										10.0%
2,000
			（Millions of yen） 0										0.0%
FY2021 1Q	FY2021 2Q	FY2021 3Q	FY2021 4Q	FY2022 1Q	FY2022 2Q
			Sales	9,435	11,703	12,853	11,697	12,293	13,586
			Operating profit	3,275	4,682	5,284	4,629	4,967	5,907
			Operating profit ratio	34.7%	40.0%	41.1%	39.6%	40.4%	43.5%

ceramics business sales, ceramics business operating profit, ceramics business operating ratio

2022 MARUWA CO., LTD.	4

4. Quarterly sales breakdown by market

Telecommunication Semiconductor production equipment

Lighting business

		24.9
	19.0	16.0
16.7	16.0	19.2
16.1	16.9
	26.6
15.4	20.9
20.6
	63.0	66.6
42.1

Automobile Industrial equipment

25.716.6

18.621.4

19.322.0

27.026.2

51.953.2

（One hundred million of yen）

21.2
20.4			For SPE
			YoY	+45.5%
24.6			QoQ	+11.9%
29.2
		For Automobile
			YoY	+40.2%
			QoQ	+11.8%
61.4

FY2021 1QFY2021 2QFY2021 3QFY2021 4QFY2022 1QFY2022 2Q

2022 MARUWA CO., LTD.	5