FY 2024(April 1, 2023-March 31, 2024)
Business Results Summary
May,8,2024
(Stock exchange code : 6882)
Note : 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.
Summary of consolidated results
Unit : Million Yen | ||||||
FY2023 | FY2024 | Compared to previous period | ||||
Net sales | 28,088 | 31,005 | +2,917 | +10.4% | ||
Operating profit | (5.8%) | 1,629 | (11.0%) | 3,407 | +1,778 | +109.1% |
Ordinary profit | (5.9%) | 1,651 | (11.2%) | 3,473 | +1,822 | +110.3% |
profit attributable | (4.4%) | 1,241 | (9.5%) | 2,955 | +1,713 | +138.0% |
to owners of parent | ||||||
Earning per share | 95.33 | 222.19 | +126.86 | +133.1% | ||
(yen) | ||||||
Announced on
2023/1/30
30,500
(9.8%) 3,000
(9.8%) 3,000
(8.2%) 2,500
187.97
2
Segment information
Unit : Million Yen | FY2023 | FY2024 | Compared to previous period |
Semiconductor | Net sales | 8,146 | 7,902 | ▲243 | ▲3.0% | ||||||
Operating profit | (6.3%) | 510 | (3.4%) | 271 | ▲238 | ▲46.8% | |||||
Power supply | Net sales | 19,941 | 23,103 | +3,161 | +15.9% | ||||||
Operating profit | (5.6%) | 1,118 | (13.6%) | 3,135 | +2,016 | +180.3% | |||||
Segment overview | ◇ good event | ◆bad event | ➣ issue | ||||||||
◆ Deceleration in sales in the second half of the year due to deteriorating business | |||||||||||
Semiconductor | confidence in China and the ongoing inventory adjustment phase of customers. | ||||||||||
| Sales expansion is planned in line with product model changes, but quality stability is a | ||||||||||
challenge. | |||||||||||
◇ Sales increased by 15.9%, mainly due to large power supplies for evaluation of power | |||||||||||
conditioners delivered to the National Institute of Advanced Industrial Science and | |||||||||||
Power supply | Technology. | ||||||||||
Lack of progress in promoting sales abroad and challenges in promoting the | |||||||||||
development and sale of strategic products abroad. |
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Sales by product by segment
Unit : Million Yen | |||||
FY2023 | FY2024 | Compared to previous period | |||
Power modules | 5,843 | 5,719 | ▲123 | ▲2.1% | |
Semiconductor Discrete semiconductors and others | 2,303 | 2,183 | ▲120 | ▲5.2% | |
Total | 8,146 | 7,902 | ▲243 | ▲3.0% | |
For industries | 3,515 | 5,343 | +1,827 | +52.0% | |
For surface treatment, | 4,988 | 5,363 | +374 | +7.5% | |
welding machines and | |||||
cutting machines | |||||
Power supply | For light sources and dimming | 774 | 881 | +106 | +13.7% |
Inverters | 1,441 | 2,143 | +701 | +48.7% | |
Small power supplies | 6,900 | 6,932 | +31 | +0.5% | |
Other power supplies and services | 2,319 | 2,439 | +119 | +5.2% | |
Total | 19,941 | 23,103 | +3,161 | +15.9% | |
Total net sales | 28,088 | 31,005 | +2,917 | +10.4% |
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Analysis of changes in operating profit (compared to previous year)
Unit : Million Yen
5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
Improvement in
marginal profit margin
〔Excluding exchange rate effects〕
Increase in
net sales
〔Excluding exchange rate effects〕
+1,767
+1,287
exchange rate | FY2023 | FY2024 | |||
US dollar | 135.47 yen | 144.62 yen | |||
Increase in | Chinese Yuan | 19.75 yen | 20.14 yen | ||
fixed costs | |||||
Inventory | |||||
fluctuations | Forex impact | ||||
impact | |||||
▲1,317 | +192 | ▲151 |
1,629 | 3,407 | ||
(5.8%) | +1,778(Fluctuation in operating profit margin | +5.2point) | (11.0%) |
FY2023 | FY2024 | ||
5
Assets, liabilities, and equity status
Unit : Million Yen | ||||
FY2023 | FY2024 | Compared to previous period | ||
Total assets | 29,083 | 35,334 | +6,251 | +21.5% |
Total liabilities | 8,017 | 10,901 | +2,883 | +36.0% |
Total net assets | 21,065 | 24,432 | +3,367 | +16.0% |
Equity ratio | 72.4% | 69.1% | ▲3.3 | point |
Net assets per | 1,583.87 | 1,837.05 | +253 | +16.0% |
share(yen) | ||||
Net cash flow | 3,959 | 4,825 | +865 | +21.9% |
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Full-year consolidated forecasts
Unit : Million Yen | FY 2024 Results | FY 2025 Forecast | Compared to previous period | ||||
Semiconductor | (25.5%) | 7,902 | (26.7%) | 7,700 | ▲202 | ▲2.6% | |
Power supply | (74.5%) | 23,103 | (73.3%) | 21,100 | ▲2,003 | ▲8.7% | |
Net sales(Composition ratio) | (100.0%) | 31,005 | (100.0%) | 28,800 | ▲2,205 | ▲7.1% | |
Semiconductor | (3.4%) | 271 | (0.0%) | 0 | ▲271 | ▲100.0% | |
Power supply | (13.6%) | 3,135 | (6.6%) | 1,400 | ▲1,735 | ▲55.4% | |
Operating profit | (11.0%) | 3,407 | (4.9%) | 1,400 | ▲2,007 | ▲58.9% | |
Ordinary profit | (11.2%) | 3,473 | (4.9%) | 1,400 | ▲2,073 | ▲59.7% | |
Profit attributable to owners of parent | (9.5%) | 2,955 | (3.4%) | 980 | ▲1,975 | ▲66.8% | |
Operating profit/net sales (yen) | 222.19 | 73.68 | ▲148.51 | ▲66.8% | |||
Annual dividends(yen) | ※ 50 | 40 | ▲10 | ▲20.0% | |||
Dividend payout ratio | 22.5% | 54.3% | +31.8% |
※The annual dividend for FY2024 is expected to be an ordinary dividend of JPY 35 and a commemorative dividend of JPY 5 for the 90th anniversary of the company's founding.
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Sansha Electric Manufacturing Co. Ltd. published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 05:14:10 UTC.