Ryoden : Financial Results Briefing for Second Quarter of the Fiscal Year Ending March 2024
November 30, 2023 at 07:13 am
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Second Quarter of the Fiscal Year
Ending March 2024
Financial Results Briefing
RYODEN CORPORATION
November 13,2023
TSE Prime Market
Securities code: 8084
Table of Contents
About RYODEN
Summary of Financial Results for the Second Quarter of FYE2024
Results and Forecasts by Segment
Initiatives to Achieve Management Focused on Cost of Capital and Share Price
Shareholder Returns
Presentation of the new business "Waku-Waku (Excitement)"
Appendix1
1. About RYODEN
2
RYODEN as Seen in the Data
*FYE2023
Establishment:
Number of business sites:
1947
28 bases in Japan and 21 overseas
Number of employees:
Net sales:
Net income:
Total assets:
Net worth ratio:
1,242
¥260.3 billion
¥5.3 billion
¥151.0 billion
52.8%
3
History
April 2023
Changed company name to
RYODEN CORPORATION
1995◎
Sales exceeded ¥200 billion
◎
1985
◎
Sales exceeded ¥100 billion
◎
◎
1958
◎
Changed company name to Ryoden
Shoji K.K. (Ryoden Corp. in English)
April 1947
2022
Listed on the TSE
Prime Market
1991
Listed on the First
Section of TSE
Established as an agency for Mitsubishi sewing machines, radios,
and electric refrigerators
4
Business Domains
*Results in FYE2023
FA Systems
Collaborative robots of Mitsubishi
Sequencers of Mitsubishi
Electric Corp. (MELFA ASSISTA)
Electric Corp.
¥46.2 billion
17.8%
X-Tech
Next-generation
Medical information systems
Plant Factory
(examples)
"Block FARM"
¥5.7 billion
2.2%
Laser processor of Mitsubishi
¥27.2 billion
Net sales
Electric Corp.
10.5%
¥260.3
billion
¥181.1 billion
Observation elevators of Mitsubishi
69.5%
Mitsubishi Electric Corp. packaged air
Electric Corp.
conditioning systems for equipment
SiC power modules of Mitsubishi Electric Corp.
Video camera solutions (FlaRevo)
Analog semiconductors of Nisshinbo Micro Devices Inc.
Indoor unit of the area air-conditioning system of Kubota Air Conditioner Co., Ltd.
Cooling & Heating and Building Systems 5
CMOS sensor of OMNIVISION
Electronics
2. Summary of Financial Results for the Second Quarter of FYE2024
6
Summary of Financial Results for the Second Quarter of FYE2024
(Millions of yen)
Net sales
Operating profit
Ordinary profit
Net income
Results for 2Q of
FYE2023
127,033
4,765
4,714
3,170
Results for 2Q
Increase/
of FYE2024
decrease
129,843
+2,810
4,236
(528)
4,313
(400)
2,900
(269)
Dividend
Forecasts at the
beginning of
FYE2024
263,000
7,000
7,000
4,800
￥80
Revised
forecasts for
FYE2024
263,000
7,300
7,300
5,000
￥92
¥46 for interim,
¥46 for year end )
During 2Q, net sales rose and profits fell compared to in the same period of the previous year, but they exceeded the initial forecasts
During the term to March 2024, demand for FA systems used in semiconductor production equipment has started to decline, and dark signs have begun to be seen in the demand for electronics in the industrial equipment market, but we have still upwardly revised the forecasts for profits at each levelas we continue to strive for higher profitability
The annual dividend forecast has been revised to 92 yen per share(an increase of 6 yen for both the
interim and year-end dividends)
7
Financial Conditions
(Millions of yen)
Total assets
Total liabilities
Net assets
Equity ratio (%)
(Millions of yen)
Cash flows from
operating activities
Cash flows from
investing activities
Cash flows from
financing activities
Cash and cash
equivalents
FYE2023
151,049
71,150
79,898
52.8%
2Q of
FYE2023
(3,699)
(1,331)
742
8,451
2Q of
FYE2024
165,742
82,488
83,253
50.1%
2Q of
FYE2024
7,863
224
470
20,012
Increase/ decrease
+14,692
+11,337
+3,354
(2.7)pt
Increase/ decrease
+11,562
+1,555
(272)
+11,561
8
3. Results and Forecasts by Segment
9
Attachments
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Disclaimer
Ryoden Corporation published this content on 28 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2023 12:12:28 UTC.
Ryoden Corp is a Japan-based company mainly engaged in the purchase and sale of factory automation (FA) system products, refrigeration building system products, information and communication technology (ICT) system products, and electronics products, and the provision of services incidental to each business, as well as insurance agency business. The Company operates through four segments. The FA System business segment provides servo systems, inverters, and numerical control (NC) devices. The Refrigeration Building System business segment provides packaged air conditioners, chilling units, refrigerators and elevators. The ICT System business segment provides video and image information systems, medical facilities, and plant factory systems. The Electronics business segment provides memories, microcomputers, power devices, materials, and fabricated materials.
RYODEN CORPORATION 
