Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-63.6
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2024年1月1日〜2024年9月30日ConsolidatedJapanese GAAPNet Sales349,804¥ millionYear on year -12.1%Progress 72.1%
Operating profit3,916¥ millionYear on year -63.6%Progress 26.1%
Ordinary income8,351¥ millionYear on year -46.5%Progress 44.0%
Net income attributable to owners of the parent2,952¥ millionProgress 29.5%
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 share18.79
Financial position at period-end
Total assets652,755¥ million
of which net assets 276,473 ¥ millionEquity ratio 38.2%vs. prior year-end +1.1pt
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.
Segment revenueWireless and Communications ¥167,442 million (YoY +49.1%), Microdevices ¥46,997 million (YoY -19.6%), Brakes ¥43,320 million (YoY -67.6%), Precision equipment ¥39,445 million (YoY -0.2%), Chemicals ¥8,198 million (YoY -3.1%), Fibers ¥27,445 million (YoY 0.0%), Real Estate ¥8,182 million (YoY -18.7%)
Segment profitWireless and Communications ¥5,095 million (YoY +85.7%), Microdevices ¥-4,869 million, Brakes ¥1,942 million (YoY -32.1%), Precision equipment ¥788 million (YoY -3.0%), Chemicals ¥482 million (YoY -27.5%), Fibers ¥-94 million, Real Estate ¥5,467 million (YoY -30.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥485,000 million (YoY -10.4%)
Operating profit¥15,000 million (YoY +20.5%)
Ordinary income¥19,000 million (YoY +20.4%)
Net income¥10,000 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥485,000 million / Operating profit Not disclosed → ¥15,000 million / Ordinary income Not disclosed → ¥19,000 million / Net income Not disclosed → ¥10,000 million
Annual Dividend Forecast36 yen → 36 yen（0.0%）
Factors Behind Changes in Business Performance
日立国際電気グループの業績反映、TMDグループ譲渡、マイクロデバイス事業におけるEV市場の成長鈍化・顧客在庫調整・中国向け需要低迷・スマートフォン・PC関連市況の回復遅れ、無線・通信事業の増益、マイクロデバイス事業と不動産事業の減益、前年同期に計上した減損損失等が当期に計上されていないこと。
Disclosure regarding the going concern assumption
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 companies (company name: —) / Excluded 0 companies (company name: —)
Impairment loss¥71 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥348 million, Gain on sale of investment securities ¥961 million, Subsidy income ¥174 million, Gain on reversal of subscription rights to shares ¥38 million / Extraordinary loss Loss on sale of non-current assets ¥45 million, Loss on disposal of fixed assets ¥46 million, Impairment loss ¥71 million, Loss on sale of investment securities ¥0 million, Business restructuring loss ¥636 million, Costs for improving the business structure of subsidiaries ¥350 million
Depreciation and amortization¥19,388 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End169,246,174
Treasury Shares at Period-End12,078,790
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年1月1日〜2024年9月30日 |
| Net Sales | ¥349,804 million (YoY -12.1%) |
| Operating profit | ¥3,916 million (YoY -63.6%) |
| Ordinary income | ¥8,351 million (YoY -46.5%) |
| Profit attributable to owners of the parent | ¥2,952 million |
| Net income per share | 18.79 |
| Equity ratio | End of the current fiscal period 38.2 / End of previous period 37.1 |
| Total assets | ¥652,755 million |
| Net assets | ¥276,473 million |
| Full-year earnings forecast | Net Sales ¥485,000 million (YoY -10.4%) / Operating profit ¥15,000 million (YoY +20.5%) / Ordinary income ¥19,000 million (YoY +20.4%) / Net income ¥10,000 million |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥485,000 million / Operating profit Not disclosed → ¥15,000 million / Ordinary income Not disclosed → ¥19,000 million / Net income Not disclosed → ¥10,000 million |
| Annual Dividend Forecast | 36 yen → 36 yen（0.0%） |
| Segment revenue | Wireless and Communications ¥167,442 million (YoY +49.1%), Microdevices ¥46,997 million (YoY -19.6%), Brakes ¥43,320 million (YoY -67.6%), Precision equipment ¥39,445 million (YoY -0.2%), Chemicals ¥8,198 million (YoY -3.1%), Fibers ¥27,445 million (YoY 0.0%), Real Estate ¥8,182 million (YoY -18.7%) |
| Segment profit | Wireless and Communications ¥5,095 million (YoY +85.7%), Microdevices ¥-4,869 million, Brakes ¥1,942 million (YoY -32.1%), Precision equipment ¥788 million (YoY -3.0%), Chemicals ¥482 million (YoY -27.5%), Fibers ¥-94 million, Real Estate ¥5,467 million (YoY -30.6%) |
| Depreciation and amortization | ¥19,388 million |
| Impairment loss | ¥71 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥348 million, Gain on sale of investment securities ¥961 million, Subsidy income ¥174 million, Gain on reversal of subscription rights to shares ¥38 million / Extraordinary loss Loss on sale of non-current assets ¥45 million, Loss on disposal of fixed assets ¥46 million, Impairment loss ¥71 million, Loss on sale of investment securities ¥0 million, Business restructuring loss ¥636 million, Costs for improving the business structure of subsidiaries ¥350 million |
| Disclosure regarding the going concern assumption | 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 companies (company name: —) / Excluded 0 companies (company name: —) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 169,246,174 |
| Treasury Shares at Period-End | 12,078,790 |
| Factors Behind Changes in Business Performance | 日立国際電気グループの業績反映、TMDグループ譲渡、マイクロデバイス事業におけるEV市場の成長鈍化・顧客在庫調整・中国向け需要低迷・スマートフォン・PC関連市況の回復遅れ、無線・通信事業の増益、マイクロデバイス事業と不動産事業の減益、前年同期に計上した減損損失等が当期に計上されていないこと。 |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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業績反映による無線・通信事業の増収があったものの、TMDグループ譲渡によるブレーキ事業の減収などで減少した。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で減少した。通期予想については、EV市場の成長鈍化、顧客の在庫調整、中国向け需要低迷、スマートフォン・PC関連市況の回復遅れなどが理由として挙げられている。
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.