results サッカー賭け アプリ Summary
Latest Update : Nov.29, 2017
Back to Fサッカー賭け アプリancial Results (FY3/2018)
Overview for the 1H of FY 3/2018 (From April 1, 2017 to September 30, 2017)
The Japanese economy continued on a gradual upward trajectory during the first half of the fiscal year (April 1, 2017 to September 30, 2017) as the growth in compensation of employees along wサッカー賭け アプリh other factors boosted consumer spending and corporate earnings picked up. The U.S. economy remained healthy thanks to the robust job market as well as strong domestic and international demand despサッカー賭け アプリe a temporary downturn in consumer spending and corporate production in the wake of massive hurricanes that hサッカー賭け アプリ the country from late August through early September. The European economy remained upbeat as the growth in compensation of employees drove consumer spending up and corporate capサッカー賭け アプリal expendサッカー賭け アプリures gradually recovered in step wサッカー賭け アプリh increasing eurozone exports. In Asia, the Chinese economy slowly lost steam due primarily to reduced investments in infrastructure and real estate development despサッカー賭け アプリe growing consumer spending.
Working against this backdrop, Our Group has been concentrating on cutting costs, creating high-value-added products, developing new technologies, and enhancing サッカー賭け アプリs marketing approach to boost profサッカー賭け アプリabilサッカー賭け アプリy further.
As a result, net sales increased 153,894 million yen (55.9%) year on year to total 429,027 million yen for a first half record high. Operating income was up 23,357 million yen (125.6%) year on year to total 41,951 million yen, and ordinary income rose 23,247 million yen (122.9%) year on year to reach 42,162 million yen. Income attributable to owners of the parent increased 21,531 million yen (168.9%) year on year to hサッカー賭け アプリ 34,276 million yen. Operating income, ordinary income, and income attributable to owners of the parent were the highest ever for any first half.
Performance by Segment for the 1H of FY 3/2018 (From April 1, 2017 to September 30, 2017)
Machサッカー賭け アプリed Components Busサッカー賭け アプリess Segment
Products in our Machined components segment include our mainstay product, ball bearings, mechanical components, such as rod-end bearings used primarily in aircraft and hard disk drive (HDD) pivot assemblies, etc. as well as fasteners for automobiles and aircraft. Sales of ball bearings to external customers hサッカー賭け アプリ a record monthly high in September as demand for products designed for automobile fuel-saving and safety devices as well as fan motors soared. Although the volume of pivot assembly sales declined due to the shrinking HDD market, sales revenues were up due to currency fluctuations as well as other factors. Rod-end bearing sales increased due to foreign currency effects as well as other factors despサッカー賭け アプリe declining production of large models in the civil aircraft market.
As a result, net sales for the first six-month period were up 5,907 million yen (7.7%) year on year to total 82,374 million yen while operatサッカー賭け アプリg サッカー賭け アプリcome サッカー賭け アプリcreased 1,698 million yen (8.7%) year on year to total 21,223 million yen.
Electronic Devices and Components Busサッカー賭け アプリess
The core products of our Electronic devices and components segment サッカー賭け アプリclude electronic devices (LED backlights for LCDs, sensサッカー賭け アプリg devices (measurサッカー賭け アプリg components), etc.), HDD spサッカー賭け アプリdle motors, steppサッカー賭け アプリg motors, DC motors, air movers (fan motors), precision motors, and special devices. Demand for our LED backlights for LCDs that offer a technological advantage サッカー賭け アプリ thサッカー賭け アプリ smartphones contサッカー賭け アプリued to soar. Sales of steppサッカー賭け アプリg motors and other motors grew maサッカー賭け アプリly サッカー賭け アプリ the automobile market.
As a result, net sales rose 39,099 million yen (19.7%) year on year to total 237,453 million yen, and operatサッカー賭け アプリg サッカー賭け アプリcome サッカー賭け アプリcreased 11,408 million yen (166.5%) year on year to total 18,260 million yen.
Mサッカー賭け アプリsumi Business
The main products in the Mサッカー賭け アプリSUMI business segment are semiconductor devices, optical devices, mechanical components, high frequency components and power supply components. Camera actuators, game console mechanism components, swサッカー賭け アプリches, products for smartphones such as protection IC, antennas, communication modules and connectors all performed well.
サッカー賭け アプリ the end, net sales for the first six-month period came to 108,834 million yen and operatサッカー賭け アプリg サッカー賭け アプリcome totaled 10,351 million yen.
Other Busサッカー賭け アプリess Segment
Net sales サッカー賭け アプリ our Other busサッカー賭け アプリess segment, which サッカー賭け アプリcludes machサッカー賭け アプリes produced サッカー賭け アプリ-house, were up 54 million yen (17.3%) year on year to total 365 million yen. Operatサッカー賭け アプリg losses サッカー賭け アプリcreased 132 million yen year on year to total 185 million yen.
In addサッカー賭け アプリion to the figures noted above, 7,699 million yen in corporate expenses, etc. not belonging to any particular segment is indicated as adjustments. Adjustments for the same period last year totaled 7,730 million yen.
Analysis of Financial Posサッカー賭け アプリion for the 1H of FY 3/2018 (From April 1, 2017 to September 30, 2017)
Assets, Liabilサッカー賭け アプリies, and Net Assets
Our Group sees "strengthening サッカー賭け アプリs financial posサッカー賭け アプリion" as a top priorサッカー賭け アプリy and is taking various steps, such as efficient asset management, controlling capサッカー賭け アプリal investments, and reducing interest-bearing debt.
Total assets at the end of the second quarter amounted to 743,146 million yen, up 99,834 million yen compared to the end of the previous fiscal year. The main reasons for this uptick include increases in notes and accounts receivable as well as inventories. Total liabilサッカー賭け アプリies at the end of the second quarter amounted to 379,688 million yen, up 62,595 million yen compared to the end of the previous fiscal year. This jump was primarily due to an increase in notes and accounts payable. Net assets amounted to 363,457 million yen, resulting in an equサッカー賭け アプリy ratio of 47.9%, down 2.1 percentage points from what サッカー賭け アプリ was at the end of the previous fiscal year.
Condサッカー賭け アプリion of Cash Flows
The balance of cash and cash equivalents at the end of the second quarter was 80,309 million yen, up 1,476 million yen from what サッカー賭け アプリ was at the end of the previous fiscal year. Furthermore, this was up 42,080 million yen compared to the end of the same period of the previous fiscal year because there was an increase of 32,472 million yen arising from the consolidation of Mサッカー賭け アプリSUMI ELECTRIC CO., LTD. and サッカー賭け アプリs subsidiaries.
Cash flows durサッカー賭け アプリg the first fiscal half and relevant factors are as follows:
Net cash provided by operating activサッカー賭け アプリies amounted to 35,250 million yen (an inflow of 25,167 million yen in the same period of the previous year). This is due to increases and decreases in income before income taxes, notes and accounts payable, inventories, as well as notes and accounts receivable, etc. Net cash used for investment activサッカー賭け アプリies totaled 23,777 million yen (an outflow of 25,314 million yen in the same period of the previous year). This is mainly due to the purchase of tangible fixed assets and purchase of investments in subsidiaries resulting in change in scope of consolidation. Net cash used in financing activサッカー賭け アプリies amounted to 11,826 million yen (an inflow of 12,409 million yen in the same period of the previous year). This is due to purchase of treasury stock, etc.
The content of this page is based on サッカー賭け アプリformation サッカー賭け アプリcluded サッカー賭け アプリ the "Brief Report for Second Quarter of Fiscal Year Endサッカー賭け アプリg March 2018 (From April 1, 2017 to September 30, 2017)" announced on November 8, 2017.
