FY2023 Results and FY2024 Forecasts - Consolidated
(Unit:100 million yen)
FY2022
FY2023
Year-on-year
FY2024
Year-on-year
results
results
forecasts
%
%
Net sales
1,673
1,795
7.3%
1,950
8.7%
Operating
96
117
21.8%
160
37.2%
income
8.2%
5.7%
6.5%
Ordinary
112
143
27.2%
150
5.1%
income
7.7%
6.7%
8.0%
Net
88
113
27.8%
125
10.5%
income
6.4%
5.3%
6.3%
Average FX rate
136.0
145.3
145
(JPY/USD)
1/5
Meiko Electronics Co., Ltd.
Net Sales and Operating Income by Product Application
(Unit:100 million yen)
FY2022 results
FY2023 results
FY2024 forecasts
Operating
Operating
Operating
Net Sales
Income
Net Sales
Income
Net Sales
Income
%
%
%
Automotive
845
60
947
81
969
95
7.1%
8.6%
9.8%
Smartphone/
271
11
266
21
238
30
Tablet
4.1%
7.9%
12.6%
Package
5
0
7
-15
10
-17
Semiconductor
0.0%
-214.3%
-170.0%
SSD/
100
10
85
10
77
12
IoT Module
10.0%
11.8%
15.6%
satellite communication
0
0
0
0
80
8
0.0%
0.0%
10.0%
AI appliances/
249
16
187
11
240
21
Industrial Equipment/
Amusement/
Other Substrate
6.4%
5.9%
8.8%
EMS/ODM
203
-1
303
9
336
11
-0.5%
3.0%
3.3%
Total
1,673
96
1,795
117
1,950
160
5.7%
6.5%
8.2%
2/5
Meiko Electronics Co., Ltd.
Net Sales by Product Specification (Unit:100 million yen)
MLB
FY2024
forecasts
FY2023 results
FY2022 results
HDI PCB
Flexible PCB
High Dissipation PCB
Package
Other Substrates
EMS/ODM
9(0.5%)
10(0.5%)
43(2.2%)
810
722
336
1,950
(41.5%)
(37.0%)
(17.3%)
20(1.0%)
↑11(1.4%)
↑100(16.1%)
9(0.5%)
7(0.4%)
41(2.3%)
799
622
303
1,795
(44.5%)
(34.7%)
(16.8%)
14(0.8%)
↑43(5.7%)
↑-19(-3.0%)
48(2.9%)
20(1.2%)
5(0.3%)
756
641
203
1,673
(45.2%)
(38.3%)
(12.1%)
3/5
Meiko Electronics Co., Ltd.
Disclaimer:
This presentation contains forward-looking statements concerning Meiko Group's future plans, strategies and performance. However, Meiko does not publish this presentation as a disclosure document based on the Financial Instruments and Exchange Act of Japan.
These forward-looking statements are not historical facts, rather they represent assumptions and beliefs based on comprehensive data currently available.
Furthermore, the Printed Circuit Board business is subject to a number of risks and uncertainties that relate to raw material price, conditions of customers' market, technological trends, change of foreign exchange , change of tax rules and regulations, disasters, international conflicts and other factors. Meiko therefore wishes to caution that actual results may differ materially from our expectations.
This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
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Meiko Electronics Co. Ltd. published this content on
10 May 2024 and is solely responsible for the information contained therein. Distributed by
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10 May 2024 06:08:56 UTC.
Meiko Electronics Co., Ltd. is a Japan-based company mainly engaged in the electronics-related business. The Company is engaged in the pattern design, manufacture and sale of electronic circuit boards, the manufacture of dies, the manufacture and sale of testing equipment, the development and manufacture of circuit board testing machines, the assembly of circuit boards, as well as the manufacture and sale of multi-video-processors. As of March 31, 2013, the Company had 10 consolidated subsidiaries and two nonconsolidated subsidiaries. In July, 2014, the Company established subsidiary Meiko Electronics Thang Long Co., Ltd.