Net sales were ¥83.8 billion. Sales increased 6% Q/Q, primarily for use in communication equipment, such as smartphones.
Operating income was ¥15.1 billion, up 45% Q/Q. This exceeded the forecast at the beginning of the fiscal year due to control of price reductions and the impact of exchange rates.
Net sales, operating income, ordinary income, and net income attributable to owners of the parent company all recorded all-time highs on the quarterly basis.
Earnings Forecast for the Year Ending March 2022
The first-half and the full-year earnings forecasts announced at the beginning of the fiscal year have been upwardly revised.
The full-year earnings forecasts are for net sales of ¥333.0 billion, up 11% Y/Y, and operating income of ¥55.0 billion, up 35% Y/Y
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Taiyo Yuden Co. Ltd. published this content on 05 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2021 07:25:06 UTC.
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%).
TAIYO YUDEN CO., LTD. 
