INTERIM FINANCIAL STATEMENTS
FOR FIRST HALF OF FISCAL YEAR 2022
- from April 1, 2022 to September 30, 2022 -
SHINKO ELECTRIC INDUSTRIES CO., LTD.
80, OSHIMADA-MACHI,NAGANO-SHI,381-2287, JAPAN
Phone: +81-26-283-1000
Facsimile: +81-26-284-8861
https://www.shinko.co.jp
Contents
Interim Financial Statements | ||
1. Consolidated Financial Highlights | 2 | |
2. Consolidated Financial Statements | ||
(1) Consolidated Balance Sheets | 3 | |
(2) | Consolidated Statements of Income | 4 |
(3) | Consolidated Statements of Cash Flows | 5 |
Corporate Outline | |
1. Corporate Data | 6 |
2. Shareholders' Data | 7 |
3. Board of Directors | 8 |
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Interim Financial Statements
The Financial Statements have been prepared in accordance with accounting principles and practices generally accepted in Japan.
Notes: 1. U.S. dollar amounts in this report are converted from yen, for convenience only, at the rate of 144.75 yen = U.S.$1.00, the approximate rate of exchange in effect on September 30, 2022.
2. The Company's fiscal year runs from April 1 through March 31.
1. Consolidated Financial Highlights
Yen | U.S. Dollars | ||
(Millions) | (Thousands) | ||
Six months ended September 30 | 2022 | 2021 | 2022 |
Net sales | 157,005 | 125,922 | 1,084,665 |
Operating profit | 50,952 | 30,067 | 352,005 |
Ordinary profit | 54,649 | 31,559 | 377,545 |
Profit attributable to owners of parent | 37,873 | 21,710 | 261,645 |
Earnings per share (Yen/U.S.Dollars) | 280.34 | 160.71 | 1.936 |
Cash dividends | 25.0 | 17.5 | 0.172 |
per share (Yen/U.S. Dollars) | |||
Total assets | 376,092 | 269,587 | 2,598,224 |
Net assets | 237,545 | 172,590 | 1,641,073 |
Sales by business segment | |||
Plastic Packages | 95,604 | 79,263 | 660,478 |
Metal Packages | 55,793 | 42,379 | 385,446 |
Others | 5,607 | 4,279 | 38,741 |
Total | 157,005 | 125,922 | 1,084,665 |
Ordinary profit by business segment | |||
Plastic Packages | 34,285 | 22,795 | 236,858 |
Metal Packages | 20,199 | 8,819 | 139,549 |
Others/Adjustment | 164 | (55) | 1,138 |
Total | 54,649 | 31,559 | 377,545 |
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2. Consolidated Financial Statements
- Consolidated Balance Sheets
Yen | U.S. Dollars | |||||
(Millions) | (Thousands) | |||||
As of | As of | As of | ||||
Sep. 30, | Mar. 31, | Sep. 30, | ||||
2022 | 2022 | 2022 | ||||
Assets | ||||||
Current assets | 235,175 | 192,828 | 1,624,700 | |||
Non-current assets: | ||||||
Property, plant and equipment | 134,263 | 119,999 | 927,552 | |||
Intangible assets | 876 | 861 | 6,057 | |||
Investments and other assets | 5,777 | 5,771 | 39,913 | |||
Total non-current assets | 140,917 | 126,632 | 973,523 | |||
Total assets | 376,092 | 319,461 | 2,598,224 | |||
Yen | U.S. Dollars | |||||
(Millions) | (Thousands) | |||||
As of | As of | As of | ||||
Sep. 30, | Mar. 31, | Sep. 30, | ||||
2022 | 2022 | 2022 | ||||
Liabilities | ||||||
Current liabilities | 135,942 | 114,826 | 939,153 | |||
Non-current liabilities | 2,605 | 2,636 | 17,997 | |||
Total liabilities | 138,547 | 117,463 | 957,150 | |||
Net assets | ||||||
Shareholders' equity: | ||||||
Share capital | 24,223 | 24,223 | 167,343 | |||
Capital surplus | 24,173 | 24,129 | 167,002 | |||
Retained earnings | 190,644 | 156,486 | 1,317,062 | |||
Treasury shares | (74) | (92) | (512) | |||
Total shareholders' equity | 238,967 | 204,746 | 1,650,897 | |||
Accumulated other comprehensive income | (1,421) | (2,749) | (9,823) | |||
Total net assets | 237,545 | 201,997 | 1,641,073 | |||
Total liabilities and net assets | 376,092 | 319,461 | 2,598,224 | |||
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(2) Consolidated Statements of Income
Yen | U.S. Dollars | |||||
(Millions) | (Thousands) | |||||
Six months ended September 30 | 2022 | 2021 | 2022 | |||
Net sales | 157,005 | 125,922 | 1,084,665 | |||
Cost of sales | 98,349 | 88,850 | 679,440 | |||
Gross profit | 58,656 | 37,071 | 405,224 | |||
Selling, general and administrative expenses | 7,703 | 7,004 | 53,219 | |||
Operating profit | 50,952 | 30,067 | 352,005 | |||
Non-operating income | 3,733 | 1,536 | 25,793 | |||
Non-operating expenses | 36 | 44 | 253 | |||
Ordinary profit | 54,649 | 31,559 | 377,545 | |||
Extraordinary losses | 627 | 583 | 4,332 | |||
Profit before income taxes | 54,022 | 30,976 | 373,213 | |||
Income taxes - current | 16,054 | 9,280 | 110,912 | |||
Income taxes - deferred | 94 | (14) | 655 | |||
Profit attributable to owners of parent | 37,873 | 21,710 | 261,645 | |||
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(3) Consolidated Statements of Cash Flows
Yen | U.S. Dollars | |||||
(Millions) | (Thousands) | |||||
Six months ended September 30 | 2022 | 2021 | 2022 | |||
Cash flows from operating activities | 57,862 | 26,414 | 399,740 |
Cash flows from investing activities | (31,296) | (19,803) | (216,211) |
Cash flows from financing activities | (3,763) | 2,588 | (26,002) |
Effect of exchange rate change on cash and cash equivalents | 1,839 | 111 | 12,706 |
Net increase (decrease) in cash and cash equivalents | 24,641 | 9,311 | 170,234 |
Cash and cash equivalents at beginning of period | 68,758 | 42,508 | 475,016 |
Cash and cash equivalents at end of period | 93,399 | 51,819 | 645,250 |
- 5 -
Corporate Outline
1. Corporate Data (As of September 30, 2022)
Corporate Name: SHINKO ELECTRIC INDUSTRIES CO., LTD.
Established: September 12, 1946
Head Office: 80, Oshimada-machi,Nagano-shi,381-2287, Japan Phone: +81-26-283-1000
Major Business Lines:
Manufacturing and sales of plastic laminated packages (PLPs), leadframes, glass-to-metal seals, heat spreaders, and ceramic electrostatic chucks
IC assembly
Number of Employees: 4,850 (Consolidated: 5,594)
Plants & Facilities:
Kohoku Plant
Wakaho Plant
Takaoka Plant
Arai Plant
Kyogase Plant
SHINKO R&D Center
Kurita Sogo Center
Sales Offices: (Japan)
Tokyo, Osaka, Nagoya, Fukuoka
Representative Office:
(Overseas)
Manila
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2. Shareholders' Data (As of September 30, 2022)
Total Number of Authorized Shares: 540,000,000 shares
Total Number of Shares Issued: | 135,171,942 shares |
Paid-in Capital: | 24,223,020,480 yen |
Number of Shareholders: | 38,448 |
Principal Shareholders: | |
Name |
Number of | Percentage of |
shares held | shares held |
(Thousands) | (%) |
Fujitsu Limited | 67,587 | 50.02 |
The Master Trust Bank of Japan, Ltd. (Trust Account) | 11,645 | 8.62 |
Custody Bank of Japan, Ltd. (Trust Account) | 6,392 | 4.73 |
The Hachijuni Bank, Ltd. | 1,836 | 1.36 |
JPLLC-CL JPY | 1,254 | 0.93 |
UEDA YAGI TANSHI Co., Ltd. | 1,253 | 0.93 |
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) | 1,147 | 0.85 |
SHINKO ELECTRIC INDUSTRIES Employees Shareholding Association | 994 | 0.74 |
Asahi Mutual Life Insurance Company | 991 | 0.73 |
The Nomura Trust and Banking Co., Ltd. (Trust Account) | 941 | 0.70 |
Note : The percentage of shares held is calculated after exclusion of treasury stock holdings.
Stock Exchange Listing: The Prime Market of The Tokyo Stock Exchange
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3. Board of Directors (As of September 30, 2022)
Representative Director of Board, Chairperson | Masami Fujita |
Representative Director of Board, President | Susumu Kurashima |
Representative Director of Board and Executive Managing Corporate Officer | |
Yasuhisa Makino | |
Director of Board and Managing Corporate Officer | Takashi Ozawa |
Outside Director of Board | Jun Niimi |
Director of Board, Standing Audit and Supervisory Committee Member Akihiko Ito
Outside Directors of Board, Audit and Supervisory Committee Members
Namiko Araki
Kunikazu Kobayashi
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Disclaimer
Shinko Electric Industries Co. Ltd. published this content on 20 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2023 09:27:02 UTC.