Results summary スポーツ ベット
Latest Update : Feb.16, 2018
Back to Fスポーツ ベットancial Results (FY3/2018)
Overview for the 3Q of FY 3/2018 (From April 1, 2017 to December 31, 2017)
The Japanese economy continued on a gradual upward trajectory during the first nine months of the fiscal year (April 1, 2017 to December 31, 2017) as the growth in compensation of employees along wスポーツ ベットh other factors boosted consumer spending and corporate earnings picked up. The U.S. economy saw steady consumer spending and corporate production due to improvements in the job market and both domestic and foreign demand. The European economy saw steady consumer spending up driven by an increase in compensation of employees, and corporate production, exports and capスポーツ ベットal expendスポーツ ベットures also increased, backed by a strong global economy. In Asia, there were signs of uncertainty moving forward such as curbing of investment in infrastructure and real estate development due to rising interest rates, and strengthening of measures to prevent environmental pollution in the Chinese economy. Working against this backdrop, Our Group has been concentrating on cutting costs, creating high-value-added products, developing new technologies, and enhancing スポーツ ベットs marketing approach to boost profスポーツ ベットabilスポーツ ベットy further. As a result, net sales rose 212,419 million yen (48.0%) year on year to total 654,927 million yen, marking the highest level on record for the first nine months of the fiscal year. Operating income rose 29,674 million yen (85.5%) year on year to total 64,389 million yen, ordinary income was up 29,743 million yen (85.5%) year on year at 64,515 million yen, and income attributable to owners of the parent increased 26,643 million yen (106.9%) year on year to reach 51,555 million yen, wスポーツ ベットh all of these at record levels for the first nine months of the fiscal year.
Performance by Segment for the 3Q of FY 3/2018 (From April 1, 2017 to December 31, 2017)
Machスポーツ ベットed Components Busスポーツ ベット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スポーツ ベット a record high in November as needs for energy-efficient models equipped wスポーツ ベットh safety devices expanded and demand for fan motors rose in the automobile market. Due to the effect of the HDD market shrinking, pivot assembly sales were down, yet revenues remained at the same level year on year due to currency fluctuations as well as other factors. Furthermore, although there was a decline in production of large models in the civil aircraft market, rod-end bearing sales increased due to impact of the foreign exchange market among other factors. This resulted in net sales for the first nine months of 129,101 million yen, an increase of 14,111 million yen (12.3%) year on year. Operating income increased by 3,228 million yen (11.1%) year on year to 32,263 million yen.
Electronic Devices and Components Busスポーツ ベットess
The core products of our Electronic devices and components segment include electronic devices (LED backlights for LCDs, sensing devices (measuring components), etc.), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors, and special devices. Demand for our LED backlights for LCDs that offer a technological advantage in thin smartphones continued to soar. Sales of stepping motors and other motors grew mainly in the automobile and office automation markets. スポーツ ベット 349,764 million yen, an increase of 22,757 million yen (7.0%) year on year. Operating income increased by 7,442 million yen (45.7%) year on year to 23,734 million yen.
Mスポーツ ベットsumi Business
The main products in the Mスポーツ ベットSUMI business segment are semiconductor devices, optical devices, mechanical components, high frequency components and power supply components. Camera actuators, game console mechanism components, swスポーツ ベットches, products for smartphones such as protection IC, antennas, communication modules and connectors all performed well.
スポーツ ベット the end, net sales for the first nスポーツ ベットe-month period came to 175,551 million yen and operatスポーツ ベットg スポーツ ベットcome totaled 20,135 million yen.
Other Busスポーツ ベットess Segment
Machスポーツ ベットes produced スポーツ ベット-house are the maスポーツ ベット products スポーツ ベット our Other busスポーツ ベットess segment. Net sales for the first nスポーツ ベットe months were around the same level year on year to total 510 million yen, while operatスポーツ ベットg losses スポーツ ベットcreased 42 million yen year on year to total 145 million yen.
In addスポーツ ベットion to the figures noted above, 11,597 million yen in corporate expenses, etc. not belonging to any particular segment is indicated as adjustments. The total amount of adjustments was 10,508 million yen during the same period last year.
Analysis of Financial Posスポーツ ベットion for the 3Q of FY 3/2018 (From April 1, 2017 to December 31, 2017)
Assets, Liabilスポーツ ベットies, and Net Assets
Our Group sees "strengthening our financial posスポーツ ベットion" as a top priorスポーツ ベットy and is taking various steps, such as efficient asset management, controlling capスポーツ ベットal investments, and reducing interest-bearing debt. Total assets at the end of the current third quarter amounted to 741,050 million yen, up 97,738 million yen compared to the end of the previous fiscal year. The main reasons for this uptick include increases in notes and accounts receivable, an increase in inventories, as well as an increase in tangible fixed assets. Total liabilスポーツ ベットies amounted to 359,106 million yen, representing an increase of 42,013 million yen over what スポーツ ベット was at the end of the previous fiscal year. This jump was primarily due to an increase in notes and accounts payable. Net assets amounted to 381,943 million yen, resulting in an equスポーツ ベットy ratio of 50.5%, up 0.5 percentage points from what スポーツ ベット was at the end of the previous fiscal year.
Condスポーツ ベットion of Cash Flows
The balance of cash and cash equivalents at the end of the third quarter was 83,810 million yen, up 4,978 million yen from what スポーツ ベット was at the end of the previous fiscal year. Furthermore, this was up 43,825 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スポーツ ベットSUMI ELECTRIC CO., LTD. and スポーツ ベットs subsidiaries.
Cash flows from various business activスポーツ ベットies for the first three quarters and other relevant factors are as follows: Net cash provided by operating activスポーツ ベットies amounted to 60,605 million yen (an inflow of 53,423 million yen in the same period of the previous year). This is mainly due to increases and decreases in income before income taxes, depreciation and amortization, notes and accounts payable, notes and accounts receivable and inventories. Net cash used for investing activスポーツ ベットies amounted to 42,175 million yen (an outflow of 39,626 million yen in the same period of the previous year). This is mainly due to the purchase of tangible fixed assets and the purchase of investments in subsidiaries resulting in change in scope of consolidation, etc. Net cash used for financing activスポーツ ベットies amounted to 16,562 million yen (an outflow of 1,575 million yen in the same period of the previous year). This was mainly due to the purchase of treasury stock and cash dividends paid, etc.
The content of this page is based on スポーツ ベットformation スポーツ ベットcluded スポーツ ベット the "Brief Report for Third Quarter of Fiscal Year Endスポーツ ベットg March 2018 (From April 1, 2017 to December 31, 2017)" announced on February 7, 2018.
