TOKYO KEIKI : Financial Results Briefing for 1Q of the Fiscal Year Ended March 31, 2022 (Fiscal 2021)
September 13, 2021 at 03:22 am
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Financial Results Briefing for
1Q of the Fiscal Year Ended March 31, 2022 (Fiscal 2021)
－From April 1 to June 30, 2021－
August 11, 2021
The forward-looking statements contained in this material reflect the management's assumptions based on currently available information as of the date of announcement. Future changes in business environment and other factors may therefore cause differences with the actual situation.
Summary of 1Q Results (From April 1 to June 30, 2021)
Despite the year-on-year decline in net sales and operating profits in the first quarter, overall the Group posted an increase in both orders received and order backlog.
The main factors included the decline in net sales and operating profits of the Defense & Communications Equipment Business per initial expectations due to the off period up to this fiscal year in public-sector projects.
The Hydraulics and Pneumatics Business, which was greatly impacted by the COVID-19 pandemic last year, continued to see a recovery from the second half of last year.
The Fluid Measurement Equipment Business recorded strong sales in both the public- and private-sector markets.
There are no changes to the full-year earnings forecast disclosed on May 14,
2021. The Company's earnings structure is weighted toward the second half and generally performance is progressing according to the initial forecast; thus, the full-year forecast anticipates an increase in net sales and operating profit over the previous year.
* "Net profit" represents "Profit attributable to owners of parent".
4
1. Summary of financial results for 1Q of FY2021
Fiscal 2021 1Q progress
（Million yen）
Net Sales
Operating
Profit
Ordinary
Profit
Profit attributable to owners of parent
Full year forecast
8,028
Remaining 34,872
42,900
Progression rate
18.7％
△517
Remaining 1,867
1,350
Progression rate
ー％
△404
Remaining 1,874
1,470
Progression rate
ー％
△250
Remaining 1,380
1,130
Progression rate
ー％
The Group records most of its net sales and operating profit/loss in the third and fourth quarters; therefore, first quarter performance is on par with typical years (see pages 13 and 14)
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Tokyo Keiki Inc. published this content on 13 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2021 02:21:08 UTC.
TOKYO KEIKI INC. is a Japan-based company mainly engaged in the manufacture, sale and maintenance of hydraulic and pneumatic equipment, defense and communication equipment. It has four business segments. Defense and Communications Equipment business manufactures, sells and repairs defense equipment, marine transportation system equipment, road and tunnel measurement and automatic control equipment, and parts. Hydraulic and Pneumatic Equipment business manufactures, sells and repairs hydraulic and pneumatic equipment and parts. Port and Harbor Equipment business manufactures, sells and repairs marine equipment, adjusts charges, manages sales, and arranges after-sales services. Fluid Equipment business manufactures, sells, and repairs fluid measurement equipment and fire extinguishing equipment. It is engaged in the manufacture, sale and inspection of inspection equipment, as well as products packing, information processing business, software development, and factoring business.
TOKYO KEIKI INC. 
