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Presentation materials for financial results8150SANSHIN ELECTRONICS CO.,LTD.Trading & Wholesale

Fiscal Year Ended March 2024: Financial Results Presentation Materials

For the fiscal year ended March 2024, consolidated revenue and profit fell below the previous fiscal year due to lower revenue and profit in the Device Business. The Solutions Business, by contrast, recorded higher revenue and profit, with profit exceeding the initial forecast.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
16
億円（経常利益の前期比減少額）
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ended March 202411 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,402 Hundreds of millions of yen+87.0%
Operating profit57.5 Hundreds of millions of yen+84.0%
Ordinary income39.1 Hundreds of millions of yen+71.0%
Net income27.4 Hundreds of millions of yen+72.0%
Gross Profit Margin11.1 %
Operating profit margin4.1 %
Selling, general and administrative expenses98 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
1,500 Hundreds of millions of yen
Gross profit
150.9 Hundreds of millions of yen
Selling, general and administrative expenses
107.9 Hundreds of millions of yen
Operating profit
43 Hundreds of millions of yen
Ordinary income
36 Hundreds of millions of yen
Net income
26 Hundreds of millions of yen
ROE
6.9 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
利益面は当初予想を上回る
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • 総利益の減少-18.1 Hundreds of millions of yen
  • 販管費の減少等（物流経費・業務委託費等）2.1 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
換算レート（1米ドル）
¥140
New initiatives
  • 自治体向けため池・河川監視ソリューションの展開
  • ロボティクス分野でのコンサルタントとの協業
  • SASE・5Gなど先端技術を活用した提案活動の拡大
  • クラウド・サブスクリプション型サービスの拡充
  • 車載分野での無線モジュール・セキュリティ商材を含む提案型ソフトウェアの展開
Key KPIsA metric the company considers important as a management benchmark.
  • ROE7.6 %
    Year on year against the same period last year-4.2 percentage points
  • D/E ratio0.62 times
    Year on year against the same period last year-0.16倍
  • Equity ratio48.5 %
    Year on year against the same period last year+5.0 percentage points
  • 換算レート（1米ドル）¥144.62
    Year on year against the same period last year+9.13円
Segment results
Device business
Net Sales
1,249.1 Hundreds of millions of yen+85.0%
Operating profit
48.7 Hundreds of millions of yen+74.0%
Segment profit
21 Hundreds of millions of yen+51.0%
Solutions Business
Net Sales
152.9 Hundreds of millions of yen+113.0%
Operating profit
22 Hundreds of millions of yen+123.0%
Segment profit
18.1 Hundreds of millions of yen+132.0%
Medium-term management plan targets
ROE
6 % or higher
Target fiscal yearFiscal year ended March 2024
Ordinary income
¥25 100 million or more
Target fiscal yearFiscal year ended March 2024
Profit attributable to owners of the parent
¥18 100 million or more
Target fiscal yearFiscal year ended March 2024
Financial targets
ROE
Target value6 % or higher
Actual value7.6 % or higher
Results unit%
Equity ratio
Actual value48.5 %
Debt-to-equity ratio
Actual value0.62 times
Annual Dividend
Annual Dividend¥105 per share
Interim Dividend¥35 per share
Year-end dividend¥70 per share
Payout ratio
47.3
Acquisition of treasury shares
Acquisition amount157.4
Unit: acquisition amountHundreds of millions of yen
Number of shares acquired700
Share count unit10,000 shares
PeriodJune 2021
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ended March 2024
Net Sales1,402 Hundreds of millions of yen (YoY +87.0%)
Operating profit57.5 Hundreds of millions of yen (YoY +84.0%)
Ordinary income39.1 Hundreds of millions of yen (YoY +71.0%)
Net income27.4 Hundreds of millions of yen (YoY +72.0%)
Gross Profit Margin11.1 %
Operating profit margin4.1 %
Selling, general and administrative expenses98 Hundreds of millions of yen
Full-year earnings forecastNet Sales 1,500 Hundreds of millions of yen / Gross profit 150.9 Hundreds of millions of yen / Selling, general and administrative expenses 107.9 Hundreds of millions of yen / Operating profit 43 Hundreds of millions of yen / Ordinary income 36 Hundreds of millions of yen / Net income 26 Hundreds of millions of yen / ROE 6.9 %
Self-assessment against the plan利益面は当初予想を上回る
Segment resultsDevice business Net Sales 1,249.1 Hundreds of millions of yen (YoY +85.0%) / Operating profit 48.7 Hundreds of millions of yen (YoY +74.0%) / Segment profit 21 Hundreds of millions of yen (YoY +51.0%) / Solutions Business Net Sales 152.9 Hundreds of millions of yen (YoY +113.0%) / Operating profit 22 Hundreds of millions of yen (YoY +123.0%) / Segment profit 18.1 Hundreds of millions of yen (YoY +132.0%)
Breakdown of Factors Affecting the ChangeFactors 総利益の減少 / Amount -18.1 Hundreds of millions of yen, Factors 販管費の減少等（物流経費・業務委託費等） / Amount 2.1 Hundreds of millions of yen
Key KPIsIndicator name ROE / Value 7.6 % / Year on year against the same period last year -4.2 percentage points, Indicator name D/E ratio / Value 0.62 times / Year on year against the same period last year -0.16倍, Indicator name Equity ratio / Value 48.5 % / Year on year against the same period last year +5.0 percentage points, Indicator name 換算レート（1米ドル） / Value ¥144.62 / Year on year against the same period last year +9.13円
Assumptions Underlying the Business Outlook換算レート（1米ドル） ¥140
Medium-term management plan targetsROE 6 % or higher / Ordinary income ¥25 100 million or more / Profit attributable to owners of the parent ¥18 100 million or more
Financial targetsROE Target value 6 % or higher / Actual value 7.6 % or higher / Results unit % / Equity ratio Actual value 48.5 % / Debt-to-equity ratio Actual value 0.62 times
Annual DividendAnnual Dividend ¥105 per share / Interim Dividend ¥35 per share / Year-end dividend ¥70 per share
Payout ratio47.3
Acquisition of treasury sharesAcquisition amount 157.4 / Unit: acquisition amount Hundreds of millions of yen / Number of shares acquired 700 / Share count unit 10,000 shares / Period June 2021
New initiatives自治体向けため池・河川監視ソリューションの展開, ロボティクス分野でのコンサルタントとの協業, SASE・5Gなど先端技術を活用した提案活動の拡大, クラウド・サブスクリプション型サービスの拡充, 車載分野での無線モジュール・セキュリティ商材を含む提案型ソフトウェアの展開
Items this document does not state (10)
Results for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookCapital expendituresOrders 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.

デバイス事業では、高利益率案件の一部剥落、在庫調整、モバイル・社会インフラ向けや海外商材の減少などにより減収減益となった。連結では総利益が約18.1億円減少した一方、物流経費・業務委託費などの販管費減少等が約2.1億円の増益要因となった。ソリューション事業は、企業の旺盛なDX推進ニーズやITインフラ投資、ソフト開発案件の増加に支えられた。

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Fiscal Year Ended March 2024: Financial Results Presentation Materials | SANSHIN ELECTRONICS CO.,LTD. (8150) timely disclosure | Komori