Precision for a Changing and Sustainable world

3Q FY2022

Results Presentation

November 11, 2022

Tsubaki Nakashima Co., Ltd

（Prime Market of TSE 6464）

Copyright © 2022 Tsubaki Nakashima Co, Ltd. All rights reserved.

Highlights for 3Q FY2022

Sales increased for the four consecutive quarters, while profit margins in the middle of recovery

Sales

Profits

Dividend

  • Sales : ¥58.4 billion, 5.0%※ up YoY
  • Growth Strategies : Ceramic sales increased for 9 consecutive quarters. Sales revenue in three areas including Asia & Medical exceeded ¥10 billion (¥10.7 billion)
  • Operating profit : ¥2.66 billion, ▲52.5%※ YoY
  • OP％ only 4.6%, mainly due to the additional cost resulting from further surge in raw material and energy costs
  • Year-enddividend ¥17/share (planned)
  • Annual dividend ¥30/share, including the interim dividend of ¥13/share
  • exclude "FX impact""

Copyright © 2022 Tsubaki Nakashima Co, Ltd. All rights reserved.

1

Sales by Quarter

Sales of Precision Components increased by 24.1% YoY, 3.3% QoQ Sales of Linear Other increased by 3.1% YoY, decreased by 5.1% QoQ

19,631

20,151

18,627

17,846

16,892

16,727

16,461

18,214

18,806

15,281

17,367

14,226

16,455

15,814

15,417

12,725

15,157

14,288

13,192

9,792 11,810

Total

9,039

Precision・Component (Precision balls, rollers, stamped metals businesses)

Linear Other

1,034

753

915

993

1,078

1,391

1,304

1,310

1,260

1,417

1,345

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

FY2020

FY2021

FY2022

Copyright © 2022 Tsubaki Nakashima Co, Ltd. All rights reserved.

2

Operating profit by Quarter

OP of Precision Components decrease by 18.5% YoY

OP of Linear Other decreased by 68.3% YoY, by 46.9% QoQ

（¥million）

Total

1,792

1,833

1,754

Precision・Component

1,491

1,670

1,654

1,525

1,310

Linear Other

1,514

991

1,328

1,503

1,234

795

984

781

437

335

337

163

122

179

240

298

143

139

76

7

-2

14

22

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q -173

3Q

FY2020

FY2021

FY2022

-316

Copyright © 2022 Tsubaki Nakashima Co, Ltd. All rights reserved.

3

3Q FY2022 Consolidated results (YoY)

Sales (excluding FX impact) increased by 5.0%

OP (ditto) decreased by 52.5%

FY2021

FY2022

3Q

3Q

Actual

Actual

FX impact

※１

Inc/dec％

※１

Inc/dec

Sales

51,199

58,409

4,658

2,552

5.0%

Operating profit

5,379

2,662

108

▲ 2,825

▲ 52.5%

OP%

10.5%

4.6%

─

─

─

(reference)

5,379

5,068

475

▲ 786

▲ 14.6%

Operating profit

※2

(¥million)

※2

10.5%

8.7%

─

─

─

OP%

EBITDA

7,912

5,401

331

▲ 2,842

▲ 35.9%

EBIT

4,835

2,974

1,043

▲ 2,904

▲ 60.1%

Net profit

3,352

1,494

742

▲ 2,600

▲ 77.6%

※１"Inc/dec" and "Inc/dec%" exclude "FX impact""

※２ Excluding "restructuring expenses (¥2,406 million)"

Copyright © 2022 Tsubaki Nakashima Co, Ltd. All rights reserved.

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Tsubaki Nakashima Co. Ltd. published this content on 11 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2022 07:11:01 UTC.