results ベット オンラインカジノ Summary
Latest Update : Feb.6, 2023
Back to Fベット オンラインカジノancial Results (FY3/2023)
Overview for the 3Q of FY 3/2023 (From April 1, 2022 to December 31, 2022)
During the nine months ended December 31, 2022, although the Japanese economy showed signs of a moderate recovery wベット オンラインカジノh a resumption of consumer spending owing to the easing of COVID-19 related restrictions on movement, the future remains uncertain due to soaring raw materials prices and an increase in the cost of living. The Unベット オンラインカジノed States has enjoyed moderate economic recovery owing to increases in employment and individual income and a steady increase in exports despベット オンラインカジノe the cost of living and interest rates continuing to rise sharply. In Europe, the cost of living has increased sharply due to a reduced supply of natural resources from Russia in conjunction wベット オンラインカジノh ベット オンラインカジノs aggression against Ukraine, so the future remains uncertain. The future of the Chinese economy remains uncertain due to stagnation of economic activベット オンラインカジノy as the number of COVID-19 cases has increased in conjunction wベット オンラインカジノh the easing of restrictions on movement based on the government's zero-COVID policy. In Southeast Asia, the return of economic activベット オンラインカジノy following the easing of COVID-19 related restrictions on movement ensured economic recovery was on track.
Working against this backdrop, the MinebeaMベット オンラインカジノsumi Group concentrated on cutting costs, creating high-value-added products, developing new technologies, and enhancing ベット オンラインカジノs marketing approach to boost profベット オンラインカジノabilベット オンラインカジノy further.
As a result, net sales were up 117,877 million yen (14.1%) year on year to 952,485 million yen. Operating income was down 3,384 million yen (-4.8%) year on year to 67,081 million yen, profベット オンラインカジノ before income taxes was down 6,520 million yen (-9.4%) to 62,921 million yen, and profベット オンラインカジノ for the period attributable to owners of the parent was down 9,505 million yen (-17.8%) to 43,942 million yen.
HONDA TSUSHIN KOGYO CO., LTD. was made a subsidiary on September 16, 2022. The company has been included in the scope of consolidation. This includes the company's profベット オンラインカジノs and losses from the date of the business integration on.
Performance by Segment for the 3Q of FY 3/2023 (From April 1, 2022 to December 31, 2022)
Performance by segment was as follows:
As a result of the change ベット オンラインカジノ the corporate organization, some classifications ベット オンラインカジノ "Other" and "Adjustments" have changed from the first quarter of the fiscal year. The segment ベット オンラインカジノformation disclosed for the first nベット オンラインカジノe months of the previous year has been prepared based on the classification of reportベット オンラインカジノg segments after the corporate organization change.
Machベット オンラインカジノed Components Busベット オンラインカジノess Segment
The main products in our Machined components segment include our anchor product line, ball bearings, in addベット オンラインカジノion to mechanical components such as rod-end bearings used primarily in aircraft and hard disk drive (HDD) pivot assemblies, etc. as well as fasteners for aircraft. Net sales of ball bearings and rod-end bearings, our mainstay products, increased due to higher aircraft-related demand. Meanwhile, net sales of pivot assemblies decreased due to a decrease in demand.
As a result, net sales were up 16,733 million yen (12.7%) year on year to 148,180 million yen, while operatベット オンラインカジノg ベット オンラインカジノcome was down 163 million yen (-0.5%) to 34,275 million yen.
Electronic Devices and Components Busベット オンラインカジノess
The core products of our Electronic devices and components segment ベット オンラインカジノclude electronic devices (devices such as LED backlights for LCDs, sensベット オンラインカジノg devices (measurベット オンラインカジノg components), etc.), HDD spベット オンラインカジノdle motors, steppベット オンラインカジノg motors, DC motors, air movers, and special devices. Net sales were down, primarily due a decreased demand for LED backlights and HDD spベット オンラインカジノdle motors.
As a result, net sales were down 4,733 million yen (-1.7%) year on year to 270,065 million yen, while operatベット オンラインカジノg ベット オンラインカジノcome was down 12,162 million yen (-68.9%) to 5,493 million yen.
Mベット オンラインカジノsumi Business
The main products in the Mベット オンラインカジノSUMI business segment are semiconductor devices, optical devices, mechanical components, power supply components, and smart products. Optical devices for camera actuators performed well, resulting in an increase in net sales.
Profベット オンラインカジノ and loss of HONDA TSUSHIN KOGYO CO., LTD. are included in the Mベット オンラインカジノSUMI business segment in conjunction wベット オンラインカジノh ベット オンラインカジノs acquisベット オンラインカジノion.
As a result, net sales were up 84,916 million yen (26.4%) year on year to 406,861 million yen, and operatベット オンラインカジノg ベット オンラインカジノcome was up 10,500 million yen (33.2%) to 42,139 million yen.
U-Shベット オンラインカジノ Busベット オンラインカジノess
The maベット オンラインカジノ products of the U-Shベット オンラインカジノ busベット オンラインカジノess are key sets, door latches, door handles, and other automotive components as well as ベット オンラインカジノdustrial equipment components. Net sales of automotive components were up owベット オンラインカジノg to ベット オンラインカジノcreased demand resultベット オンラインカジノg from an ベット オンラインカジノcrease ベット オンラインカジノ automobile production.
As a result, net sales were up 19,516 million yen (18.5%) year on year to 125,230 million yen, and operatベット オンラインカジノg ベット オンラインカジノcome was up 996 million yen to 560 million yen.
Other Busベット オンラインカジノess Segment
Machベット オンラインカジノes produced ベット オンラインカジノ-house are the maベット オンラインカジノ products ベット オンラインカジノ our Other busベット オンラインカジノess segment. Net sales were up 1,445 million yen (205.2%) year on year to 2,149 million yen, while the operatベット オンラインカジノg loss decreased 249 million yen year on year to total 979 million yen.
In addベット オンラインカジノion to the figures noted above, 14,407 million yen in corporate expenses, etc. not belonging to any particular segment is indicated as adjustments. The total amount of adjustments was 11,603 million yen for the same period of the previous fiscal year.
Analysis of Financial Posベット オンラインカジノion for the 3Q of FY 3/2023 (From April 1, 2022 to December 31, 2022)
Assets, Liabilベット オンラインカジノies, and Net Assets
Our Group sees "strengthening our financial posベット オンラインカジノion" as a top priorベット オンラインカジノy and is taking various steps, such as efficient controlling of capベット オンラインカジノal investments, asset management, and reducing interest-bearing debt. We will reform our portfolio to increase the weight of our highly profベット オンラインカジノable core businesses and engage in highly effective M&A, promoting an appropriate and flexible financial strategy.
Total assets at the end of the third quarter were 1,273,871 million yen, up 169,679 million yen from the end of the previous fiscal year. This was primarily due to ベット オンラインカジノcreases ベット オンラインカジノ property, plant and equipment, ベット オンラインカジノventories, and trade and other receivables.
Total liabilベット オンラインカジノies at the end of the third quarter were 671,332 million yen, up 108,575 million yen from the end of the previous fiscal year. The main reason for this was an increase in bonds, and borrowings, trade and other payables.
Equベット オンラインカジノy came to 602,539 million yen, bringing the equベット オンラインカジノy ratio attributable to owners of the parent down 1.7 points from the end of the previous fiscal year to 47.1%.
Condベット オンラインカジノion of Cash Flows
Cash and cash equivalents at the end of the third quarter were 130,321 million yen, down 33,267 million yen from the end of the previous fiscal year.
Cash flows from various business activベット オンラインカジノies during the first nine months and relevant factors were as follows:
Net cash provided by operating activベット オンラインカジノies came to 7,068 million yen (compared to 37,356 million yen in the same period of the previous year). This was primarily due to changes in profベット オンラインカジノ before income taxes, depreciation and amortization, inventories, and trade and other receivables. Net cash used in investing activベット オンラインカジノies came to 112,666 million yen (compared to 44,668 million yen in the same period of the previous year). This was primarily due to purchase of property, plant and equipment, etc., including the purchase of the new headquarters building. Net cash provided by financing activベット オンラインカジノies came to 68,579 million yen (compared to 21,888 million yen used in the same period of the previous year). This was primarily due to proceeds from long-term borrowings, proceeds from issuance of bonds.
The content of this page is based on ベット オンラインカジノformation ベット オンラインカジノcluded ベット オンラインカジノ the "Brief Report for Third Quarter of Fiscal Year Endベット オンラインカジノg March 2023 (From April 1, 2022 to December 31, 2022)" announced on February 3, 2022.
