Toyo Denki Seizo K K : Financial Results Briefing Fiscal 2021(Ended May 31, 2022)
July 14, 2022
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Financial Results Briefing
for the Fiscal Year Ended
May 2022
July 15, 2022
Toyo Denki Seizo K.K.
Program
Briefing on Financial Results: 40 minutes
Overview of Financial Results for Fiscal Year Ended May 2022
Outlook for Financial Results for Fiscal Year Ending May 2023
Medium-TermManagement Plan
Q&A: 20 minutes
1
1. Overview of Financial Results for
Fiscal Year Ended May 2022
(From June 2021 to May 2022)
1-1. Overview of Consolidated Financial Results
Sales and profits decreased from the previous fiscal year due to the resurgence of COVID-19 and difficulties in procuring members. Net income fell into the red due to impairment losses in Industrial Systems. Orders have bottomed out with a slight increase year-on-year.
100 million yen
FYE May
FYE May
YoY Change
FYE May 2022
Published value ratio
2021
2022
%
Published value
%
Net Sales
331.4
301.5
-29.8
-9.0%
330.0
-28.5
91.3%
Operating Income
4.2
1.7
-2.5
-59.4%
2.5
-0.8
68.4%
(%)
(1.3%)
(0.6%)
(-0.8 pt)
-
(0.7%)
(-0.2 pt)
-
Ordinary
7.5
7.6
＋0.0
+1.2%
6.0
＋1.6
127.6%
Income
Net Income
9.7
- 9.3
-19.0
-
7.0
-16.3
-
[Net income per share (yen)]
109.38
-104.02
-213.40
-
78.28
-182.30
-
ROE
4.1%
-4.0%
-8.1 pt
-
Orders
300.5
304.4
＋3.9
+1.3%
310.0
-5.6
98.2%
received
Ratio of overseas
15.9%
14.5%
-1.4 pt
-
sales to net sales
3
Review of the Business Environment for the Fiscal Year Ended May 2022
Transportation
Systems
Industrial
Systems
Business Environment
Affected by factors such as a decrease in the number of passengers, railway operators are reviewing plans to build new rolling stock. As orders for new rolling stock are decreasing, we are seeing an increase in equipment upgrades aimed at long-term use of existing trains, mainly by private railway companies. In China, the pace of economic growth slowed as the zero- COVID policy imposed urban lockdowns, tightened restrictions on activities, and depressed consumer spending. Although capital investment by customers is on a recovery trend, it was affected by requests to refrain from face-to-face business. Due to the rapid shift to electrification, some equipment plans for testing machines for automobile development were reconsidered. Due to continued restrictions on sales activities, such as restrictions on overseas travel, some orders for equipment requiring detailed arrangements continued to be affected.
4
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TOYO Electric Mfg. Co. Ltd. published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 06:56:06 UTC.
Toyo Denki Seizo KK is a Japan-based company mainly engaged in the manufacture and sale of electrical machinery and equipment for the transportation, industrial and information and communication technology (ICT) business, and related work. The transportation segment is engaged in manufacture and sale of electrical equipment for railway vehicles, new transportation system vehicles, special vehicles, and power storage devices for railways, and related work. The industrial segment is engaged in manufacture and sale of industrial production and processing equipment systems, automotive test systems, power generation and power supply systems, water and sewage equipment systems, on-board electrical equipment, and other ancillary works. The ICT Solutions segment is engaged in the manufacture and sale of station equipment systems, Internet of Things (IoT) solutions (cloud-based remote monitoring and control systems), and other related work. It is also engaged in worker dispatch business.
TOYO DENKI SEIZO K.K. 
