Neturen : Financial Results Briefing for Fiscal Year 2021

Financial Results Briefing for Fiscal Year 2021

May 25, 2022

Neturen Co., Ltd.

Table of Contents

Ⅰ . Overview of Financial Results for Fiscal Year 2021

Ⅱ. Trends in Business Results

Ⅲ. Progress of 15th Medium-term Management Plan

Ⅳ. Growth Strategy

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Table of Contents

Ⅰ . Overview of Financial Results for Fiscal Year 2021

Ⅱ. Trends in Business Results

Ⅲ. Progress of 15th Medium-term Management Plan

Ⅳ. Growth Strategy

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1. Overview of Consolidated Financial Results for Fiscal Year 2021

• Net sales increased 24.5% YoY to ¥53.0 billion
• Recorded significant increase in profit YoY as a result of high return on investment and cost reductions despite prolonged insufficient supply of semiconductors and steel price surge.

					(Million yen)
		FY2020	FY2021	Change	Change
		(%)
	Net sales	42,567	53,004	10,437	24.5%
	Operating income	920	3,704	2,784	302.6%
	Ordinary income	1,475	4,418	2,942	199.4%
	Profit attributable to	268	2,690	2,422	903.4%
	owners of parent
	Return on equity (ROE)	0.5％	4.6	4.1
	％	－
	Return on assets (ROA)	1.9％	5.6	3.7
	％	－

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2. Consolidated Statements of Income

(Million yen)

	Year	FY2020	FY2021	Change	Change
	Item	(%)
	Net sales	42,567	53,004	10,437	24.5％
	Cost of sales	34,474	41,712	7,237	21.0％
	Gross profit	8,092	11,292	3,200	39.6％
	Selling, general and administrative	7,172	7,588	416	5.8％
	expenses
	Operating income	920	3,704	2,784	302.6％
	Non-operating income	617	782	165	26.8％
	Non-operating expenses	61	68	6	11.3％
	Ordinary income	1,475	4,418	2,942	199.4％
	Extraordinary income	688	322	(366)	(53.2)％
	Extraordinary losses	965	273	(692)	(71.7)％
	Profit before income taxes	1,198	4,467	3,268	272.7％
	Income taxes - current	482	1,245	762	158.0％
	Income taxes - deferred	100	96	(3)	(3.7)％
	Total income taxes	615	3,125	2,509	407.7％
	Profit attributable to:
	Profit attributable to owners of parent	268	2,690	2,422	903.4％
	Profit attributable to non-controlling interests	347	434	87	25.2％

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