Star Micronics : Financial Results for the FY2023 First Quarter(875KB)

Financial Results for the FY2023

First Quarter

https://www.star-m.jp Code 7718

May 11, 2023

Contents

Financial Results for the FY2023 First Quarter

■ Overview of the FY2023 First Quarter	P.2
■ Consolidated Operating Results	P.3
■ Quarterly Information(Net Sales)	P.4
■ Segment Overview
Special Products	P.5
Machine Tools	P.6

Reference

■ Trends in Quarterly Machine Tool Orders	P.8
■ Business Segments and Products	P.9

1

Overview of the FY2023 First Quarter

Substantial Increases in

Sales and Profits Year on Year

■ Net Sales	¥21.11	billion 020.4% up YoY
■ Operating Income	¥4.10	billion 170.2%	up YoY
■ Ordinary Income	¥4.32	billion 165.3%	up YoY
■ Net Income Attributable	¥3.17	billion 073.7%	up YoY
to Owners of Parent

• Sales and profits increased substantially in Special Product Segment due to the easing of delays in the supply of products that had arisen throughout the previous fiscal year.
• Sales of Group's mainstay Machine Tools Segment increased due to the steady sales of backlog orders mostly in the U.S. and European markets from the previous fiscal year, and operating income jumped.

2

Consolidated Operating Results

												(Millions of Yen)
					FY12/2022					FY12/2023
														Change
		1Q Actual	2Q Actual	3Q Actual	4Q Actual		1Q Actual
													(% )
			Income		Income		Income		Income			Income
									YoY
		Amount	Ratio	Amount	Ratio	Amount	Ratio	Amount	Ratio		Amount	Ratio
			(％)		(％)		(％)		(％)			(％)
Sales	Special Products	3,643		4,318		3,955		6,041		4,822		32.4
	Machine Tools	13,896		17,393		18,449		19,668		16,294		17.3
	Total	17,539		21,712		22,405		25,710		21,116		20.4
Operating Income	Special Products	689	18.9	833	19.3	613	15.5	1,617	26.8	1,227	25.5	77.9
	Machine Tools	2,197	15.8	2,945	16.9	3,469	18.8	3,635	18.5	3,405	20.9	55.0
	Eliminations or Corporate	(474)		(469)		(519)		(614)		(526)
	Total	2,412	13.8	3,309	15.2	3,564	15.9	4,638	18.0	4,106	19.4	70.2
Ordinary Income		2,615	14.9	3,355	15.5	3,247	14.5	4,979	19.4	4,324	20.5	65.3
Net Income Attributable to Owners of Parent	1,827	10.4	2,381	11.0	2,363	10.5	3,725	14.5	3,174	15.0	73.7
	US＄	¥116.21							¥132.32
Exchange Rate	EUR	¥130.40							¥142.07
	GBP	¥155.95							¥160.85

3

Quarterly Information (Net Sales)

Net Sales	Special Products
Machine Tools

(Millions of Yen)

					25,710
25,000
		21,712	22,405
				21,116
20,000
	18,712
	17,717		17,539
15,000	15,138				19,668
12,791		17,393	18,449	16,294
	13,183	15,134	13,896
10,000
11,304
	9,168

5,000

0

							6,041
3,623	3,833	4,533	3,578	3,643	4,318	3,955	4,822

1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q
		FY12/2021				FY12/2022		FY12/2023

4