Taiyo Yuden Co., Ltd. Provides Earnings Guidance for Six Months Ending September 30, 2022 and for the Full Year of Ending March 31, 2023
August 03, 2022 at 02:00 am EDT
Share
Taiyo Yuden Co., Ltd. provides earnings guidance for six months ending September 30, 2022 and for the full year of ending March 31, 2023. For the six months, the company expects to report net sales of JPY 183,000 million, operating income of JPY 32,000 million, ordinary income of JPY 31,000 million and profit attributable to owners of the parent of JPY 21,000 million. Basic earnings per share was JPY 172.54.
For the year, the company expects to report net sales of JPY 385,000 million, operating income of JPY 70,000 million, ordinary income of JPY 69,000 million and profit attributable to owners of the parent of JPY 48,000 million. Basic earnings per share was JPY 385.21.
Taiyo Yuden Co., Ltd. specializes in the design, manufacturing and marketing of electronic components. Net sales break down by family of products as follows:
- ceramic capacitor (64.9%);
- modules (15.6%);
- ferrites for inductors (13.8%);
- other (5.7%): primarily ceramic microchips.
Net sales break down by market between communication equipment (32%; mobile phones, etc.), IT infrastructure and industrial equipment (24%), automotive (19%), IT equipment (15%; computers and peripherals) and consumer electronics (10%; TV-sets, digital cameras, game consoles, etc.).
Net sales are distributed geographically as follows: Japan (9.7%), China (35.8%), Hong Kong (16%) and other (35.8%).