The demand for the capital investment has recovered in Japan and overseas, and the performance of industries such as machine tools, semiconductors, and robotics on which IDEC has focused has significantly recovered.
【Industry trend】
Machine tools
The amount of order received announced by Japan Machine Tool Builders' Association in September 2021 was YoY +72%, which was in the highest level for three years.
Semiconductor manufacturing equipment
Semiconductor Equipment Association of Japan made a significant upward revision of the demand forecast of FY2022 YoY + 37%.
Robotics
The amount of order received and production has continuously increased since the second half of FY2021.
Copyright IDEC Corporation. All rights reserved.
2
Financial Results for the First Half
Net sales of 34.9 billion yen and operating income of 4.9 billion yen (YoY 3.0 times)are the best results as the half period. Operating income margin of 13.9%.
Net income of 3.5 billion yen (YoY 3.2 times) and net income margin of 10.1%.
Net
■ Net Sales
JPY 34.9 billion yen
(YoY 1.4 times)
Sales
■ Operating Income
JPY 4.9 billion yen
(YoY 3.0 times)
Profit
■ Ordinary Income
JPY 5.0 billion yen
(YoY 3.3 times)
■ Net Income*
JPY 3.5 billion yen
(YoY 3.2 times)
*Net income attributable to shareholders of parent company
Dividend
■ Interim dividend JPY 40
(upwardly revised from JPY 25 of the beginning-of-year forecast)
Copyright IDEC Corporation. All rights reserved.
3
Initiative Policies and Full-Year Forecast
Initiative policy
To enhance IDEC's corporate value by driving transformational changes to achieve sustainable growth, and to become a "lean & smart" high-profit organization, while resolving social issues through our business activities.
Based on the current status, full- year forecast was upwardly revised.
Record-highnet sales and profit will be expected.
A new medium-term management plan emphasizing the improvement of profitability is developed, and will be announced within this FY.
(unit: million yen) Round down to the million
Sales
Operating income
69,000
62,757
margin
58,355
53,983
13.3%
9.1%
8.1%
7.5%
Operating income
9,200
(record-high)
FY2019
FY2020
FY2021
FY2022
FY2025
(Revised forecast)
Copyright IDEC Corporation. All rights reserved.
4
Financial Results
for the First Half of FY2022
Copyright IDEC Corporation. All rights reserved.
5
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Idec Corporation published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 05:29:05 UTC.
IDEC CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of control equipment related products. The Company operates in four geographic segments, including Japan, America, EMEA and Asia Pacific. The main business is manufacturing and sale of human machine interface (HMI) solutions, in-board equipment solutions, automation solutions, safety and explosion-proof solutions, systems, and others. HMI solutions include switches, joysticks and indicator lights. In-board equipment solutions include switching power supplies, terminal blocks, control relays sockets, circuit protectors and others. Automation solutions include programmable controllers, programmable displays, photoelectric switches and automatic recognition devices. Safety and explosion-proof solutions include safety-related equipment and explosion-proof equipment. The Company is also engaged in manufacture and sale of systems, collaborative safety robot system business and environment energy business.
IDEC CORPORATION 
