This document contains some estimates of future business performance. Such estimates should not be construed as guarantees. Please note that future performance is subject to various risks and uncertainties, and targets and projections may vary due to changes in the business environment.
Summary
FY2023 results
Net sales increased due to sales growth in Japan, North America and the UK (record high)
Operating profit declined due to rising raw material and ocean transportation costs, and labor costs increase
FY2024 forecast
Net sales increase on expectations of the sales of large-scale custom- ordered medical equipment in addition to underpinning take-out robot sales
Operating profit declines due to rising raw material costs and investments in people for the future
Topics
Sustainability basic policy established and materiality identified (February, 2023)
Yushin Precision Equipment Co. Ltd. published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 07:57:07 UTC.
YUSHIN PRECISION EQUIPMENT CO.,LTD. is a Japan-based company engaged in the development, manufacture and sale of take-out robots, other industrial equipment and systems for automating and streamlining operation of plastic injection molding plants. The Company operates through four geographic segments including Japan, the United States, Asia and Europe. The Company is mainly engaged in development, manufacture and sale of peripheral equipment including take-out robots for picking molded products from injection molding machines and labor saving systems, as well as the provision of after-sales service. The Company's main products are take-out robots for injection-molded plastic products, automated stock systems and labor-saving automation equipment, among others.