Financial Results
for the Fiscal Year ending March 31, 2017
May 12, 2017
Todays Clipping
Consolidated results
for the fiscal year ending March 31, 2017
Consolidated forecast
for the fiscal year ending March 31, 2018
Strategy for more growth
Background of revision of financial result forecast
(million JPY)
The beginning of the year | 2016/10/21 | 2017/1/20 | 2017/4/10 | ||||
Net Sales | 50,000 | 48,000 | 48,500 | 48,800 | |||
Operating Income | 3,200 | 1,200 | 1,300 | 1,750 | |||
Ordinary Income | 3,250 | 1,100 | 1,250 | 1,850 | |||
Profit Attributable to Owners of Parent | 3,000 | 800 | △ 300 | 600 |
1/20 Correction factor
10/21 Correction factor 1/20 Correction factor
①Exchange rate fluctuation
Originally120.00yen/1US$
→ First half results 107.07yen/1US$
Projection for the second half 105.00yen/1US$
② Increase in fixed costs due to new business launch
①Second half exchange rate fluctuation
10/21 105.00yen/1US$
→ 1/20 111.00yen/1US$
②Accounting for impairment loss on fixed assets
3
FY2016 Correction disclosure(1/20) Difference
(million JPY)
Amended disclosure (2017/1/20) | Actual | Difference | |
Net Sales | 48,500 | 48,865 | +365 |
Operating Income | 1,300 | 1,792 | +492 |
Ordinary Income | 1,250 | 1,859 | +609 |
Profit Attributable to Owners of Parent | △ 300 | 616 | +916 |
Analysis of Profit Attributable to Owners of Parent
(million JPY) 1,000
Net Sales +365million yenExchange difference △38million yen
↓
Ordinary Income
Profit Attributable to Owners of Parent
+916
Real difference +403million yen+609
357
△50
616Operating Income
500 +492
257
△28
117
Gains on sales of securities
Corporate tax
Exchange rate variation
Compensation for damages/Insurance
0 263
Cost control
△ 500
△ 300 Impact of real sales fluctuation1/20
Actual
Revisions of financial
results forecast
5
Financial summary
(million JPY)
2015 Actual | 2016 Actual | Comparison | Comparison (%) | |
Net Sales | 47,816 | 48,865 | +1,049 | +2.2% |
Operating Income | 3,126 | 1,792 | △1,334 | △42.7% |
Profit Attributable to Owners of Parent | 2,496 | 616 | △1,880 | △75.3% |
Average exchange rate : Fiscal year ending March 31, 2016 JPY120.80/USD1
Fiscal year ending March 31, 2017 JPY108.60/USD1
Net sales according to the product
(million JPY)
Comparison by item Increase and decrease
Exchange difference△2,077
Excluding foreign exchange differences
50,000
2,763
3,039
47,81648,865
3,302
3,302 4
Total
Microwave tubes and radar components
△ 275
1,049JPY120.80/USD1
↓
JPY108.60/USD1
△ 175
3,12640,000
30,000
20
3,666
6,988
774
3,541
6,226
672
Microwave applications
Others
0
△ 17
△ 17
301
7,486
5,616
SAW
△ 126
△ 87
20,000
7,647 8,594
GaAsIC
Opt devices
△ 761
△ 101
△ 605
△ 68
10,000
16,759 16,271
Contracted manufacturing
MOS
946
1,870
1,886
1,521
0
2015 2016
BIP
△ 487
370
△ 2,000 0 2,000 4,000
△ 2,000 0 2,000 4,000
7
Analysis of operating Income
(million JPY)
6,000
1,690 △1,179
JPY120.80/USD1
↓
JPY108.60/USD1
4,000
3,1 2 6
Personnel
△78 △313
△1,454
expensesDepreciation
expenses Other
2,000
Impact of real sales
fluctuation
1,7 9 2
Exchange rate variation
0
2015
2016
New Japan Radio Co. Ltd. published this content on 12 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 May 2017 05:24:18 UTC.
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