Market Closed -
Japan Exchange
07:00:00 24/05/2024 BST
5-day change
1st Jan Change
1,316
JPY
-0.38%
-0.60%
-10.05%
SIIX : Presentation Material of Consolidated Financial Results of Q1, FY2023
Consolidated Financial Result of 1Q, FY2023
May 2023
SIIX Corporation
Consolidated Financial Result of 1Q, FY2023
•
Profit and Loss
FY2022_Q1
FY2023_Q1
FY2022_Q1 vs.
Impact of
FY2022_Q1 vs.
FY2023_Q1
change in
FY2023_Q1, net
(JPY in millions)
amount
％
amount
％
diff.
％
FX
diff.(net)
％
Sales
63,026
100.0
71,721
100.0
8,694
13.8
5,320
3,373
5.4
Gross Profit
5,821
9.2
7,002
9.8
1,180
20.3
SGA
3,963
6.3
4,317
6.0
354
8.9
Operating Income
1,858
2.9
2,684
3.7
825
44.4
163
662
35.6
Ordinary Income
1,934
3.1
2,709
3.8
775
40.1
Exchange rate
FY2022_Q1
FY2023_Q1
Extraordinary
-
-
2
0.0
2
-
USD
116.46
132.39
Income & Loss
EUR
130.80
142.00
Corporate tax
909
1.4
775
1.1
-134
-14.7
HKD
14.92
16.89
THB
3.52
3.90
Profit attributable to owners
1,020
1.6
1,939
2.7
919
90.1
of parent
RMB
18.34
19.32
•
Scope of Consolidation
End of
Changes
End of
FY2022_Q1
Increase
Decrease
FY2023_Q1
Consolidated Subsidiary
22
1
2
21
Equity Method Affiliate
2
-
-
2
Copyright © 2023 SIIX Corporation All rights reserved.
1
Consolidated Financial Result of 1Q, FY2023
Sales by Market Sector （ 1Q, FY2022 vs. 1Q, FY2023 ）
80.0
71.7
63.0
5.5(7.7%)
1.1(1.6%)
60.0
6.2(9.8%)
1.3(2.1%)
7.0(9.7%)
Others
40.0
6.5(10.3%)
14.9(20.8%)
11.7(18.6%)
Information
Home appliance
20.0
37.3(59.3%)
43.2(60.2%)
Industrial
0.0
Automotive-related
FY2022_Q1 Actual
FY2023_Q1 Actual
75.0
+2.7
-0.0
Others
+2.2
70.0
+5.3
-1.2
-0.2
65.0
Industrial
Information
60.0
Office equipment
71.7
Power tool
+1.4
Home appliance
Automotive-related
-1.0
In-flight AV equipment
+1.0
AC
+0.3
55.0
AC
+0.6
Camera
+0.4
63.0
Commercial AC equipment +0.4
kitchen appliances
-0.2
Exterior
+0.6
Switch
+0.3
Electric tool
-0.3
Digital appliances
-0.3
Battery-related
+0.5
Car Multimedia
-0.5
50.0
For government offices
-0.5
Quasi-millimeter wave radar +0.4
Meter
-0.6
45.0
FY2022_Q1
Exchange Rate
FY2023_Q1
Copyright © 2023 SIIX Corporation All rights reserved.
2
Consolidated Financial Result of 1Q, FY2023
• Consolidated Sales by area (1Q, FY2022 vs. 1Q, FY2023)
（ JPY in billions）
+2.64
Japan
+2.79
Sales increased due to strong
shipments of industrial equipment
and automotive-related equipment
+0.63
+2.23
Europe
Industrial equipment and automotive-related equipment increased, but overall sales were weak.
Americas
Shipment of automotive-related
71.7
equipment and industrial
equipment increased
CHINA
Information equipment and
63.0 home appliances performed well
ASEAN
Strong shipment of home appliances, automotive- related equipment, and industrial equipment
50
FY2022_Q1 Actual
FY2023_Q1 Actual
Copyright © 2023 SIIX Corporation All rights reserved.
3
Consolidated Financial Result of 1Q, FY2023
• Consolidated Operating Profit by area (1Q, FY2022 vs. 1Q, FY2023)
(JPY in billions)
Europe
China
Decrease due to higher fixed cost burden caused by shortage
Information equipment and home appliances
of certain components and higher energy prices
performed well, but production of automotive
equipment was weak due to the impact of
automobile production cutbacks, etc.
+0.53
- 0.08
1.8
Japan
Decrease due to higher
inventory-related expenses,
etc., despite strong
performance in industrial
equipment and automotive-
related equipment
Americas
Strong performance in automotive-related equipment and industrial equipment
ASEAN
Home appliances, automotive- related equipment, and industrial equipment performed well
0
FY2022_Q1 Actual
FY2023_Q1 Actual
Copyright © 2023 SIIX Corporation All rights reserved.
4
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Siix Corporation published this content on 17 May 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 17 May 2023 02:49:08 UTC .
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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SIIX Corp is a Japan-based company mainly engaged in the global provision of services such as electronic component procurement, electronic manufacturing service (EMS) and logistics. The Company operates through five segments, including Japan, Greater China, South-East Asia, Europe and the Americas. The Company imports and exports electronic components, manufactures electronic circuits and equipment, and provides technical development and technical support. The products include in-vehicle equipment such as car multimedia, meters and front panels; industrial equipment such as engine ignition systems for power tools and commercial air conditioners; home appliances such as digital home appliances, air conditioners and audio equipment; and information equipment such as office equipment and printers.
More about the company
Last Close Price
1,316
JPY
Average target price
2,000
JPY
Spread / Average Target
+51.98%
Consensus
1st Jan change
Capi.
-10.05% 395M +15.53% 111B -2.73% 29.66B +8.46% 21.53B -9.81% 19.09B +19.64% 16.81B -11.13% 16.42B +8.90% 13.32B +1.36% 11.13B +13.89% 8.51B
Other Electronic Equipment & Parts
+951% of historical
More than 20 years
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