LECIP HOLDINGS CORPORATION Digest of Financial Results FY2021 [7213]
1. Current Results
(Unit：million yen） | |||||||||||
FY2020 | FY2021 | Comparison | FY2022 | Comparison | |||||||
Change | % | Forecast | Change | % | |||||||
Sales | 15,553 | (100.0) | 14,075 | (100.0) | -1,477 | -9.5% | 18,500 | (100.0) | +4,424 | +31.4% | |
COGS | 12,250 | (78.8) | 10,121 | (71.9) | -2,128 | -17.4% | 14,090 | (76.2) | +3,968 | +39.2% | |
Gross profit | 3,303 | (21.2) | 3,954 | (28.1) | +650 | +19.7% | 4,410 | (23.8) | +455 | +11.5% | |
SG&A | 3,343 | (21.5) | 3,804 | (27.0) | +460 | +13.8% | 3,960 | (21.4) | +155 | +4.1% | |
Operating Profit | -40 | (-0.3) | 149 | (1.1) | +189 | - | 450 | (2.4) | +300 | triple | |
Ordinary Profit | 35 | (0.2) | 325 | (2.3) | +289 | nonuple | 430 | (2.3) | +104 | +32.3% | |
Net profit | -124 | (-0.8) | 53 | (0.4) | +177 | - | 80 | (0.4) | +26 | +50.2% | |
Net income per share | -9.77YEN | 4.66 | YEN | +14.43 | - | 6.22 | YEN | +1.56 | - | ||
Exch.rate（US$） | 105.9 | YEN | 113.0 | YEN | +7.1 | 6.7% | 120.0 | YEN | +7.0 | 6.2% | |
*Accounting Standard for Revenue Recognition has been applied from the FY2021. Sales decreased by 1,841 million yen and operating income increased by 11 million yen compared to before the standard was applied.
3. Capital Investments and R&D
(Unit：million yen）
FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | |
(Forecast) | ||||||
Investment | 492 | 770 | 916 | 337 | 289 | 400 |
Amortization | 473 | 534 | 514 | 455 | 476 | 480 |
R&D | 691 | 761 | 854 | 506 | 576 | 500 |
[FY2021 Breakdown]
Investment ：Leased assets, Renewal of in-house equipment (IT infrastructure, facilities, machines, and devices etc.)
R&D ：Cashless payment, Expansion of LIVU function, development of new chargers etc.
[FY2022 Breakdown Forecast]
Investment ：Renewal of in-house equipment (machines, devices, IT infrastructure, facilities, and molds etc.)
R&D ：Energy Management System, Expansion of LIVU function, Fare collection System for North America etc.
Sales graph | Ordinary Profit graph | |||
(Unit：million yen） | Q1-Q2 | Q1-Q2 | ||
Q3-Q4 | Q3-Q4 | |||
26,051 | (Unit：million yen） |
25,000 | 21,538 | 2,000 | 1,830 | Full year | |||||||||
Forecast | 1,500 | ||||||||||||
20,000 | 15,749 | 14,215 | 15,553 | 18,500 | 1,030 | ||||||||
14,074 | |||||||||||||
1,000 | Forecast | ||||||||||||
15,000 | |||||||||||||
13,849 | 500 | 325 | 430 | ||||||||||
9,278 | 35 | ||||||||||||
9,375 | |||||||||||||
10,000 | 8,993 | ||||||||||||
0 | |||||||||||||
5,000 | 11,835 | -500 | -248 | ||||||||||
6,471 | 7,689 | 6,178 | |||||||||||
5,081 | |||||||||||||
0 | -1,000 | ||||||||||||
FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | ||||||||
FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | ||||||||
2. Revenues by Segment (FY2021）
4. Market Share of Main Products in Japan
(Unit：％）
FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | ||
FBX for bus | 57.8% | 58.4% | 60.1% | 61.4% | 61.9% | |
Bus | IC Card System | 61.3% | 61.5% | 63.4% | 64.2% | 63.3% |
LED Destination Sign | 41.2% | 40.9% | 41.0% | 40.9% | 41.2% | |
LCD Sign | 73.4% | 71.4% | 72.3% | 69.6% | 70.7% | |
Rail | FBX for rail | 91.1% | 90.4% | 91.4% | 91.4% | 91.5% |
Automob. | Fluorescent/LED Lightning for Trucks | 85.9% | 86.2% | 87.2% | 86.1% | 84.9% |
Industry | Recharger for Battery-Driven Forklifts | 59.1% | 61.9% | 58.4% | 57.9% | 62.7% |
5. Key events April 2021- April 2022
(Unit：million yen）
Comparison | ||||
Sales | FY2020 | FY2021 | ||
Change | % | |||
Transport | 10,393 | 10,501 | +108 | +1.0% |
(Bus) | (7,471) | (7,458) | (-13) | |
(-0.2%) | ||||
(Rail) | (1,905) | (2,064) | (+158) | (+8.3%) |
(Automob.) | (1,016) | (979) | (-36) | (-3.6%) |
Industry(Energy | ||||
Management System) | 5,118 | 3,536 | -1,582 | (-30.9%) |
(Power Supply) | (2,019) | (2,001) | (-18) | |
(-0.9%) | ||||
(Eco&High voltage) | (536) | (659) | (+122) | (+22.9%) |
(EMS) | (2,562) | (875) | (-1,686) | (-65.8%) |
Other | 41 | 37 | (-3) | (-13.3%) |
(Elimination) | - | - | - | - |
TOTAL | 15,553 | 14,075 | -1,477 | -9.5% |
Operating | Comparison | ||
FY2020 | FY2021 | ||
Profit | % | ||
Transport | 18 | 379 | +361 |
(Bus) | - | - | - |
(Rail) | - | - | - |
(Automob.) | - | - | - |
Industry(Energy | |||
Management System) | -12 | -173 | -160 |
(Power Supply) | - | - | - |
(Eco&High voltage) | - | - | - |
(EMS) | - | - | - |
Other | 7 | 7 | -0.1 |
(Elimination) | -52 | -63 | -10.5 |
TOTAL | -124 | 53 | +177 |
Track record of adoption - a ticketing application "QUICK RIDE"
2021.04 Nagaragawa Railway (Seki, Gifu)
2021.04 Gifu Bus (Gifu-city, Gifu)
2021.07 Umikko Bus (Chita, Aichi)
2021.09 Teisan Konan Totsu (Kusatsu, Shiga)
2021.10 Kumamoto City Transportation Bureau (Kumamoto-city, Kumamoto)
2021.10 Minokamo City Community Bus (Minokamo, Gifu)
2021.11 Ayashi Kanko Bus (Sendai, Miyagi)
2022.01 Yamako Bus (Yamagata-city, Yamagata)
2022.01 Sangi Railway（Yokkaichi, Mie)
2022.02 Seibu Kanko Bus（Chichibu, Saitama)
2022.04 Yamagata Railway（Nagai, Yamagata）
2022.04 Bocho Kotsu（Shunan, Yamaguchi)
2022.04 Meihankintetsu Bus（Ogaki, Gifu)
18 companies adopted "QUICK RIDE" (as of May, 2022)
Product News
2021.05 Received order for Fare Collection System
from North County Transit District (California, USA)
2021.09 Renewal of industrial quick charger
2022.03 Started commercial development of new ticket system based on the ABT system
2022.04 Launched wireless Alight button system for Bus
【Contact】
LECIP HOLDINGS CORPORATION General Affairs Dep, PR Group TEL:+81-58-324-3121
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Disclaimer
LECIP Holdings Corporation published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 16:11:05 UTC.
