Yamazen : FY3/24(Q1) Supplementary Materials for Financial Results
September 11, 2023 at 10:46 pm EDT
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YAMAZEN CORPORATION
FY3/24 Supplementary
(Q1)
Materials for Financial Results
Stock Code: 8051
YAMAZEN
CORPORATION
AGENDA
I. FY3/24 (Q1) Financial Highlights
Earnings Forecast for FY3/24 (Full Year), Medium-Term Management Plan III. Shareholder Returns
2
AGENDA
I. FY3/24 (Q1) Financial Highlights
Earnings Forecast for FY3/24 (Full Year), Medium-Term Management Plan III. Shareholder Returns
3
FY3/24 (Q1) Consolidated Profit and Loss Results
(Million yen)
FY3/23
FY3/24
Percentage
Full Year Plan
Progress Rate
(Q1)
(Q1)
change YoY
Net sales
126,863
119,957
-5.4%
550,000
21.8%
Gross profit
18,079
18,485
+2.2%
-
-
(Gross profit margin)
14.3%
15.4%
+1.2ppt
-
-
SG&A expenses
14,678
16,032
+9.2%
-
-
Operating profit
3,400
2,452
-27.9%
15,000
16.4%
(Operating profit
2.7%
2.0%
-0.6ppt
2.7%
-
margin)
Non-operating
133
196
+47.3%
-
-
profit/loss
Ordinary profit
3,534
2,649
-25.0%
15,000
17.7%
Extraordinary
0
-4
－
-
-
gain/loss
Profit attributable to
2,263
1,569
-30.7%
10,000
15.7%
owners of parent
Net sales decreased -5.4% YoY due to slowing in domestic and overseas capital investment trends, while gross profit increased 2.2% YoY due to the sales mix effect and other factors, but operating profit decreased -27.9%YoY due to an increase in depreciation and amortization, etc. associated with the introduction of SAP ERP as a growth investment as stated in the Medium-TermManagement Plan, as well
as an increase in personnel expenses, etc. as an investment in human capital.
4
Quarterly Trend in Consolidated Net Sales
(Million yen)
FY3/21
FY3/22
FY3/23
FY3/24
160,000
140,000
119,957
134,954
132,174
133,572
133,271
129,747
126,863
121,983
116,067
120,000
116,569
114,310
105,640
100,000 98,725
80,000
60,000
40,000
20,000
0
Q1
Q2
Q3
Q4
5
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YAMAZEN Corporation published this content on 12 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2023 02:45:07 UTC.
YAMAZEN CORPORATION is a Japan-based company engaged in the sale of production goods, home building materials and household equipment products. The Company operates in three business segments. The Production Goods segment provides the machinery business and kiko business. The machinery business is engaged in the sale, import and export of machine tools, forging and sheet metal machines, machine tool peripherals. The kiko business is engaged in the sale, import and export of materials handling, mechatronics, environmental improvement equipment, cutting tools, steel processing machinery, air conditioning equipment. The Housing segment is engaged in the sale of kitchen appliances, cooking appliances, bathroom appliances, wash basins. The Household Equipment segment is engaged in the plan, development and sale of home appliances, interior goods, leisure and sports goods, pet supplies, gardening goods. The Company also provides event planning, travel mediation, storage business.
YAMAZEN CORPORATION 
