Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
44
Year-on-year decline in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2024年1月1日〜2024年6月30日ConsolidatedJapanese GAAPNet Sales240,022¥ millionYear on year -10.9%Progress 46.8%
Operating profit6,715¥ millionYear on year -44.0%Progress 28.0%
Ordinary income11,092¥ millionYear on year -29.7%Progress 42.7%
Net income attributable to owners of the parent8,936¥ millionYear on year -23.1%Progress 47.0%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥56.87
Financial position at period-end
Total assets662,978¥ million
of which net assets 300,419 ¥ millionEquity ratio 41.0%vs. prior year-end +3.9pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+23,899
Investment-12,936
Financials-17,355
Net change-6,392
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥45,850 million
Segment revenue
Wireless and Communications118,02750.4%+50.5%
Microdevices31,13213.3%-20.7%
Brakes28,76112.3%-66.8%
Precision equipment25,76111.0%-3.1%
Chemicals5,4742.3%-5.2%
Fibers18,3867.8%-1.0%
Real Estate6,8532.9%-21.6%
Segment profit
Wireless and Communications5,772+53.8%
Microdevices-2,747
Brakes1,110-30.9%
Precision equipment467+10.3%
Chemicals315-30.3%
Fibers-163
Real Estate5,222-26.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥513,000 million (YoY -5.2%)
Operating profit¥24,000 million (YoY +92.7%)
Ordinary income¥26,000 million (YoY +64.7%)
Net income¥19,000 million
Revision to Earnings ForecastNo
Annual Dividend Forecast36.00 yen → 36.00 yen（0.0）
Factors Behind Changes in Business Performance
日立国際電気グループの経営成績反映により無線・通信事業が増収となった一方、TMDグループ譲渡の影響でブレーキ事業が減収となった。営業利益は、無線・通信事業の増益があった一方、マイクロデバイス事業の損益悪化や不動産事業の減益等により減少した。
Disclosure regarding the going concern assumption
No applicable matters ("There are no applicable matters.")
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Impairment loss¥71 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥79 million / Gain on sale of investment securities ¥951 million / Subsidy income ¥174 million / Extraordinary loss Loss on sale of non-current assets ¥40 million / Loss on disposal of fixed assets ¥38 million / Impairment loss ¥71 million
Depreciation and amortization¥12,975 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for investors and analysts)
Issued Shares at Period-End169,246,174株
Treasury Shares at Period-End12,078,325株
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年1月1日〜2024年6月30日 |
| Net Sales | ¥240,022 million (YoY -10.9%) |
| Operating profit | ¥6,715 million (YoY -44.0%) |
| Ordinary income | ¥11,092 million (YoY -29.7%) |
| Profit attributable to owners of the parent | ¥8,936 million (YoY -23.1%) |
| Net income per share | ¥56.87 |
| Equity ratio | End of the current fiscal period 41 / End of previous period 37.1 |
| Total assets | ¥662,978 million |
| Net assets | ¥300,419 million |
| Cash flows from operating activities | ¥23,899 million |
| Cash flows from investing activities | ¥-12,936 million |
| Cash flows from financing activities | ¥-17,355 million |
| Cash and cash equivalents at end of period | ¥45,850 million |
| Full-year earnings forecast | Net Sales ¥513,000 million (YoY -5.2%) / Operating profit ¥24,000 million (YoY +92.7%) / Ordinary income ¥26,000 million (YoY +64.7%) / Net income ¥19,000 million |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | 36.00 yen → 36.00 yen（0.0） |
| Segment revenue | Wireless and Communications ¥118,027 million (YoY +50.5%) / Microdevices ¥31,132 million (YoY -20.7%) / Brakes ¥28,761 million (YoY -66.8%) / Precision equipment ¥25,761 million (YoY -3.1%) / Chemicals ¥5,474 million (YoY -5.2%) / Fibers ¥18,386 million (YoY -1.0%) / Real Estate ¥6,853 million (YoY -21.6%) |
| Segment profit | Wireless and Communications ¥5,772 million (YoY +53.8%) / Microdevices ¥-2,747 million / Brakes ¥1,110 million (YoY -30.9%) / Precision equipment ¥467 million (YoY +10.3%) / Chemicals ¥315 million (YoY -30.3%) / Fibers ¥-163 million / Real Estate ¥5,222 million (YoY -26.3%) |
| Depreciation and amortization | ¥12,975 million |
| Impairment loss | ¥71 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥79 million / Gain on sale of investment securities ¥951 million / Subsidy income ¥174 million / Extraordinary loss Loss on sale of non-current assets ¥40 million / Loss on disposal of fixed assets ¥38 million / Impairment loss ¥71 million |
| Disclosure regarding the going concern assumption | No applicable matters ("There are no applicable matters.") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for investors and analysts) |
| Issued Shares at Period-End | 169,246,174株 |
| Treasury Shares at Period-End | 12,078,325株 |
| Factors Behind Changes in Business Performance | 日立国際電気グループの経営成績反映により無線・通信事業が増収となった一方、TMDグループ譲渡の影響でブレーキ事業が減収となった。営業利益は、無線・通信事業の増益があった一方、マイクロデバイス事業の損益悪化や不動産事業の減益等により減少した。 |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.売上高は、日立国際電気グループの経営成績を反映したことで無線・通信事業が増収となった一方、TMDグループ譲渡の影響でブレーキ事業が減収となりました。営業利益は、無線・通信事業の増益があった一方、マイクロデバイス事業の損益悪化や不動産事業の減益などにより減少しました。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.