Announcement of Revision of Consolidated Business Forecasts
for Cumulative 2Q of 2023
Daitron Co., Ltd. announces the revisions of its consolidated business forecasts for the cumulative second quarter of 2023 (from January 1, 2023 to June 30, 2023) stated in the "Consolidated Financial Results for the Fiscal Year Ended December 31, 2022" , which was announced on February 7, 2023, as follows:
1. Revised consolidated forecast for 2023 cumulative 2Q (from January 1, 2023 to June 30, 2023)
Operating
Ordinary
Net income
Net income
Net sales
attributable
income
income
to owners of
per share
(mil. yen)
(mil. yen)
(mil. yen)
parent
(yen)
(mil. yen)
Previous forecast (A)
42,000
2,550
2,550
1,710
154.05
Revised forecast (B)
44,500
3,150
3,150
2,130
191.89
Difference (B-A)
2,500
600
600
420
-
Rate of change (%)
6.0
23.5
23.5
24.6
-
(Reference)
42,473
3,147
3,248
2,176
196.10
Results of 2022 2Q
2. Reason for Revision
In cumulative first quarter of the fiscal 2023, our business performance was favorable in terms of both sales and profits, due to strong performance of semiconductor manufacturing equipment-related products and elimination of supply constraints by easing shortages of some electronic components. Based on these situations, we revised its consolidated business forecasts for the cumulative second quarter stated in the " Consolidated Financial Results for the the Fiscal Year Ended December 31, 2022", which was announced on February 7, 2023.
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The future is uncertain due to the prolonged situation in Ukraine, remaining high prices of resources and raw materials, and concerns of an economic recession due to global inflation and monetary tightening. Therefore, consolidated business forecasts for the fiscal year of 2023 remain unchanged from the forecast figures announced on February 7, 2023.
The dividend forecast has not changed from the figure as announced on February 7, 2023.
*Please note that the forecasts above are made based on the data available to the Company at the date of announcement of this material and that the actual results may differ depending on various factors.
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Daitron Co. Ltd. published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2023 06:56:03 UTC.
Daitron Co., Ltd., formerly Daito Electron Co., Ltd. is mainly engaged in the manufacturing, sales, export and import of electronic products. The Company is engaged in the provision of electronic devices and components, such as electronic part and assembly product, semiconductor product, embedded systems, power equipment, image related device and part, information system and others. Its manufacturing equipment includes lighting devices, large-scale integration (LSI) manufacturing equipment, flat-panel display manufacturing devices and electronic material manufacturing devices.