The Financial Statement Briefing For the 1st Quarter Ended June 30,2023
August 1,2022
Standard:6467
https://www.nichidai.jp/
Ⅰ)Business introduction
Ⅱ)FY23/3 1Q Summary of financial results
Ⅲ)FY23/3 Full year outlook
NICHIDAI CORPORATION
1
Business introduction
2
Ⅰ)Business introduction
Ⅱ)FY23/3 1Q Summary of financial results
Ⅲ)FY23/3 Full year outlook
NICHIDAI CORPORATION
3
Ⅱ)FY23/3 1Q Summary of financial results - Sales and Profit -
Millions of Yen
FY22/3
FY23/3
Growth
Account Title
1Q
1Q
Rate
Results
Results
Net Sales
3,373
2,645
▲21.6%
Gross income from
685
509
▲25.7%
sales
S.G.&A expense
539
554
+2.7%
Operating income
146
▲44
-
Non-operating income
2
38
-
Ordinary income
149
▲6
-
Net income Attributable to
99
▲69
-
Owners of the Parent
※Rounded down to the nearest million yen
Yen
FY22/3
FY23/3
Exchange Rate
1Q
1Q
Results
Results
USD
106.24
117.12
THB
3.50
3.53
NICHIDAI CORPORATION
Comments
■Net Sales
Due to COVID-19, China's lockdown has caused parts supply shortages, and Japanese automakers have cut production one after another. Sales decreased from the previous year due to the decrease in automobile production.
■Operating income
Posted a loss due to a year-on-year decrease in sales.
■Ordinary income
Ordinary loss will be 6 million yen due to the recording of foreign exchange gains.
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Nichidai Corporation published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 04:39:01 UTC.
NICHIDAI CORPORATION is a Japan-based company mainly engaged in the development, manufacturing and sales of precision-forged dies and precision-forged products, etc. The Company operates in three segments. The Net-shape segment is centered on auto parts manufacturers and engaged in manufacturing and sales of auto parts such as precision-forged dies for cold forging, scroll compressor parts for air conditioners, various gears, etc. The Assembly segment is involved in the manufacturing and sales of parts for turbochargers. The Filter segment supplies sintered metal filters that are used in the petrochemical, pharmaceutical, food, nuclear power and other fields.