Neturen : Financial Results Briefing for the Fiscal Year Ended March 31, 2021
July 12, 2021 at 03:02 am
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Financial Results Briefing for the Fiscal Year
Ended March 31, 2021
June 11, 2021
Neturen Co., Ltd.
Table of Contents
Overview of Financial Results for the Fiscal Year Ended March 31, 2021
II. Trends in Business Performance
III. Overview of NETUREN VISION 2030
IV. Overview of 15th Medium-term Management Plan
V. Development and Launch of New Technologies and Products
1
Copyright Ⓒ Neturen Co., Ltd. All Rights Reserved.
I. Overview of Financial Results for the Fiscal Year Ended March 31, 2021
2
Copyright Ⓒ Neturen Co., Ltd. All Rights Reserved.
I. Overview of Financial Results for the Fiscal Year Ended March 31, 2021
Revenue and profit fell significantly year on year due to the spread of COVID-19. Secured profit as a result of cost reductions and increase in sales of automobiles- related products in 4Q of the fiscal year ended March 31, 2021 (FY2021).
(Million yen)
FY2020
FY2021
Change
Change
(%)
Net sales
48,806
42,567
(6,239)
(12.8)%
Operating income
2,087
920
(1,166)
(55.9)%
Ordinary income
2,071
1,475
(595)
(28.8)%
Profit attributable to
250
268
17
7.0%
owners of parent
Return on equity (ROE)
0.4%
0.5%
0.1
-
Return on assets
2.6%
1.9%
(0.7)
-
(ROA)
3
Copyright Ⓒ Neturen Co., Ltd. All Rights Reserved.
2. Consolidated Financial Statements of Income
(Million yen)
Year
FY2020
FY2021
Change
Change (%)
Item
Net sales
48,806
42,567
(6,239)
(12.8)%
Cost of sales
38,754
34,474
(4,279)
(11.0)%
Gross profit
10,052
8,092
(1,960)
(19.5)%
Selling, general and administrative
7,965
7,172
(793)
(10.0)%
expenses
Operating income
2,087
920
(1,166)
(55.9)%
Non-operating income
552
617
65
11.8%
Non-operating expenses
567
61
(506)
(89.1)%
Ordinary income
2,071
1,475
(595)
(28.8)%
Extraordinary income
43
688
645
1,481.0%
Extraordinary losses
522
965
443
85.0%
Profit before income taxes
1,593
1,198
(394)
(24.8)%
Income taxes - current
575
482
(92)
(16.1)%
Income taxes - deferred
298
100
(198)
(66.4)%
Total income taxes
719
615
(103)
(14.4)%
Profit attributable to:
Profit attributable to owners of parent
250
268
17
7.0%
Profit attributable to non-controlling
468
347
(121)
(25.8)%
interests
4
Copyright Ⓒ Neturen Co., Ltd. All Rights Reserved.
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Neturen Co. Ltd. published this content on 12 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2021 02:01:17 UTC.
Neturen Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of prestressed concrete(PC) steel bars, steel wires and induction heating equipment. The Company is also enagegd in the leasing of office buildings and other related research and development business. It has two business segments. The Product-related segment manufactures and sells PC steel bar-related products for civil engineering and construction works, and high-strength spring steel wire-related products for automobile and two-wheel vehicle suspension springs. The Induction Heating (IH)-related segment offers induction heating apparatus, construction machine parts, and automobile components, including hollow rack bars and worm wheels. This segment is also involved in the heat treatment and processing businesses. The Company is also engaged in the leasing of office buildings and others.
NETUREN CO., LTD. 
