Shoei : Financial Results for the Second Quarter of the Fiscal Year Ending September 30,2023

Securities Code: 7839

Tokyo Stock Exchange, Prime Market

SHOEI CO., LTD.

Financial Results for the Second Quarter of the Fiscal Year Ending September 30, 2023

April 26, 2023

1. Operating Results for the Second Quarter of the Fiscal Year Ending September 30, 2023

(1) Financial Highlights

Net Sales/Operating Income/Profit attributable to owners of parent

	Net Sales	Operating Income	Profit attributable to owners of parent
	（Million yen）	（Million yen）	（Million yen）
16,000		5,000	4,000
	15,216	4,923
	13,439	4,000	3,456
12,000		3,000
	3,944
		3,000	2,714
8,000			2,000
		2,000
4,000			1,000
		1,000

0		0		0
FY2022.9	FY2023.9	FY2022.9	FY2023.9	FY2022.9	FY2023.9
（Second Quarter）（Second Quarter）	（Second Quarter（）Second Quarter）	（Second Quarter（）Second Quarter）
Average foreign exchange rates for the term (the Second Quarter of the FY ending Sep. 2022) US$/JPY=137.81, EUR/JPY=143.48	1

Overseas subsidiary conversion rates (end of December 2022) US$/JPY=132.70, EUR/JPY=141.47

(2) Consolidated Sales Volume and Net Sales by Region

Consolidated Sales Volume and Net Sales by Region

Sales Volume			+5 thousand
（Thousand units）
400	379	385	1.6％
	Other	34	+6 thousand
	28
	China		21.4％
	41		+41 thousand
		82
300		+101.8％
North
	America
	81	43	-38 thousand
		-47.5％
200
	Europe		-1 thousand
	145	144
	-0.7％

100

Japan	81	-1 thousand
83	-2.4％

0

2022/9 2023/9

FY2022.9 FY2023.9

(Second2QQuarter) (Second Quarter)

Net Sales			+¥1,776 million
（Million yen）
16,000		15,216	13.2％
		1,180		+¥174 million
	13,439		17.4％
	Other			+¥1,611 million
	1,005	3,006
		+115.5％
12,000	China
	1,395			-¥756 million
	North	1,749
	America		-30.2％
	2,505
8,000
	Europe	6,143		+¥620 million

5,522	11.2％

4,000

Japan	3,136	+¥125 million
3,010
4.2％
0
2022/9	2023/9
FY2022.9	FY2023.9
2Q

(Second Quarter) (Second Quarter)

2

(3) Consolidated Balance Sheets

Assets	Liabilities/Net Assets
（Unit:Million yen）	（Unit:Million yen）

13,887

Current

Assets

3,228

4,910

1,507

Non-current4,694 Assets

1,065

Sep.30 ,22

Cash and deposits

-1,13112,755

Trade receivables

-8882,339

Inventories

+1,822 6,732

Other

-1071,399

Property, plant and equipment

+406 5,100

Investments and

Other assets

+154 1,219

Dec.31, 22

Liabilities

Decrease in

Cash and deposits

Decrease in paid

dividend

Net

Assets

Increase in

Inventories

Increase in merchandise

and finished goods

Increase in

property, plant and

equipment

Increased investment in

plant and equipment

5,417

1,115

22,895

Sep.30, 22

Current liabilities

-98 5,319

Non-current

liabilities

-88 1,026

		Increase in
Net assets	23,349	retained earnings
+454

Dec.31, 22

3