IDEC : Financial Resultsfor the Third Quarter FY2022

Financial Results

for the Third Quarter FY2022

(April 1, 2021 to December 31, 2021)

February 3, 2022

IDEC CORPORATION

Securities code：6652

Copyright IDEC Corporation. All rights reserved.

1

Overview of Consolidated Financial Results

Net	■ Net Sales	JPY52.3 billion	(YoY 1.3 times)
- As the demand for capital investment of manufacturing industry transferred in a too
Sales
	exceeded and high level, sales of all regions and all product segments moved strongly.
	■ Operating Income	JPY7.2 billion	(YoY 2.6 times)
Profit	■ Ordinary Income	JPY7.5 billion	(YoY 2.8 times)
■ Net Income*	JPY5.3 billion	(YoY 3.3 times)
	*Net income attributable to shareholders of parent company
	- Profit improved significantly YoY due to sales improvement and cost rate decrease.

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Consolidated Performance [Consolidated Income Statement] -1

		FY2021 Cumulative 3Q	FY2022 Cumulative 3Q
	(Unit: million yen)	Actual	Sales Ratio	Actual	Sales Ratio	YoY
	*Round down to the millions
	Net sales	39,138	100.0%	52,255	100.0%	+ 33.5%
	Gross operating income	16,520	42.2%	22,434	42.9%	+ 35.8%
	SG&A	13,760	35.2%	15,239	29.2%	+ 10.8%
	Operating income	2,760	7.1%	7,194	13.8%	+160.6%
	Ordinary Income	2,649	6.8%	7,491	14.3%	+182.8%
	Net income attributable to	1,589	4.1%	5,303	10.1%	+233.7%
	shareholders of parent
	company
	Earnings per share(EPS)	52.53	－	176.81	－	+124.28
	(before diluting) (JPY)
	USD-yen rate (JPY)	106.11	111.14	+5.03
	EUR-yen rate (JPY)	120.94	129.86	+8.92
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Changing Factors of Consolidated Operating Income

Operating income increased by approximately 4.43 billion yen YoY due to sales increase and impact of exchange, etc.

(unit: million yen) *Round down to the million

+4,900	+280	-1,050		＋300
	Cost rate
	decrease		SG&A		Impact of
			increase		exchange

7,194

Sales

2,760 increase

FY2021 Cumulative 3Q	FY2022 Cumulative 3Q
FY2022 3Q

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Consolidated Performance [Consolidated Income Statement] -2

			FY2021					FY2022
		3Q (Oct.to Dec.)	4Q (Jan.to Mar.)	1Q (Apr.to Jun.)	3Q (Oct.to Dec.)	3Q (Oct.to Dec.)
	(Unit: million yen)	Actual	Sales	Actual	Sales	Actual	Sales	Actual	Sales	Actual	Sales	YoY
	ratio	ratio	ratio	ratio	ratio
	*Round down to the millions
	Net sales	13,750	100.0%	14,845	100.0%	17,270	100.0%	17,585	100.0%	17,399	100.0%	+26.5%
	Gross operating	5,741	41.8%	6,263	42.2%	7,300	42.3%	7,619	43.3%	7,514	43.2%	+30.9%
	income
	SG&A	4,607	33.5%	4,981	33.6%	4,999	28.9%	5,066	28.8%	5,173	29.7%	+12.3%
	Operating income	1,133	8.2%	1,281	8.6%	2,300	13.3%	2,552	14.5%	2,340	13.5%	+106.4%
	Ordinary income	1,130	8.2%	1,454	9.8%	2,436	14.1%	2,586	14.7%	2,468	14.2%	+118.5%
	Net income
	attributable to	499	3.6%	1,213	8.2%	1,799	10.4%	1,727	9.8%	1,776	10.2%	+255.9%
	shareholders of
	parent company
	Earnings per	16.65	40.47	60.01	57.58		59.22
	share(EPS)
	(before diluting) (JPY)
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