Worth reading
61In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
12.8
Year-on-year increase in operating income (¥100 million)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter of the fiscal year ending December 20214 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales118.1 Hundreds of millions of yen+29.0%
Operating profit16 Hundreds of millions of yen+399.0%
Ordinary income15.2 Hundreds of millions of yen+503.0%
Net income7.6 Hundreds of millions of yen+169.0%
Operating profit margin13.6 %
Results for the three months of the current quarter
Net Sales
63.2 Hundreds of millions of yen
Operating profit
10.2 Hundreds of millions of yen
Ordinary income
9.9 Hundreds of millions of yen
Net income
4.8 Hundreds of millions of yen
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- U.S. dollar exchange rate¥107.63 /US$ cumulative forecast for the third quarter of fiscal 2021
- Taiwan dollar exchange rate¥3.85 /NT$ cumulative forecast for the third quarter of fiscal 2021
New initiatives
- Continue capital investment in growth areas in line with expected demand
- Put the China subsidiary plan on hold for the time being
- Complete the transfer of the PTI testing business and serve the business from existing sites
Key KPIsA metric the company considers important as a management benchmark.
- Automotive sales ratio40 %
- Industrial and medical sales mix8 %
- Automotive sales mix38 %
- Consumer sales mix53 %
- Sales mix by customer country
Capital expenditures
¥28 100 million actual for the second quarter of the fiscal year ending December 2021
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2021 |
| Net Sales | 118.1 Hundreds of millions of yen (YoY +29.0%) |
| Operating profit | 16 Hundreds of millions of yen (YoY +399.0%) |
| Ordinary income | 15.2 Hundreds of millions of yen (YoY +503.0%) |
| Net income | 7.6 Hundreds of millions of yen (YoY +169.0%) |
| Operating profit margin | 13.6 % |
| Results for the three months of the current quarter | Net Sales 63.2 Hundreds of millions of yen / Operating profit 10.2 Hundreds of millions of yen / Ordinary income 9.9 Hundreds of millions of yen / Net income 4.8 Hundreds of millions of yen |
| Key KPIs | Indicator name Automotive sales ratio / Value 40 % / Year on year against the same period last year Not disclosed, Indicator name Industrial and medical sales mix / Value 8 % / Year on year against the same period last year Not disclosed, Indicator name Automotive sales mix / Value 38 % / Year on year against the same period last year Not disclosed, Indicator name Consumer sales mix / Value 53 % / Year on year against the same period last year Not disclosed, Indicator name Sales mix by customer country / Value Not disclosed / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Item U.S. dollar exchange rate / Value ¥107.63 /US$ (cumulative forecast for the third quarter of fiscal 2021), Item Taiwan dollar exchange rate / Value ¥3.85 /NT$ (cumulative forecast for the third quarter of fiscal 2021) |
| Capital expenditures | ¥28 100 million (actual for the second quarter of the fiscal year ending December 2021) |
| New initiatives | Continue capital investment in growth areas in line with expected demand, Put the China subsidiary plan on hold for the time being, Complete the transfer of the PTI testing business and serve the business from existing sites |
Items this document does not state (19)
Gross Profit MarginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.Revenue increased due to the recovery in utilization of automotive logic products and the contribution from additional investments, growth in display controllers, and the contribution from the business acquired from PTI. Operating profit, ordinary profit and net income increased in line with the rise in revenue.
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.