Factbook

Third Quarter of 2022

[July 1 to September 30, 2022]

Actuating Your Dreams

Contents

【 Consolidated Data 】

Sales & Profit ---------------------------------------------------------------------------------------------

2

Assets, Liabilities and Net Assets --------------------------------------------------------------------

3

Cash Dividend per Share ------------------------------------------------------------------------------

3

Capital Expenditures and R&D Expenses ----------------------------------------------------------

4

Number of Employees ---------------------------------------------------------------------------------

4

Motor Sales / Motor Sales Quantity --------------------------------------------------------------

5,6

Manufacturing Quantity of Motor -------------------------------------------------------------------

6

Stock Information ---------------------------------------------------------------------------------------

7

Consolidated Subsidiaries -----------------------------------------------------------------------------

8

Corporate Profile ----------------------------------------------------------------------------------------

8

Factbook Q3 2022

1

Sales & Profit

Net Sales

Gross Profit

-- Gross Profit Ratio

Millions of yen

Millions of yen

42,657

20,000

32%

26.1%

25.9%

26.0%

40,000

35,179

36,731

23.9%

33,259

32,038

15,000

24%

20.4%

30,000

9,151

10,181

10,000

8,684

16%

8,292

20,000

7,501

5,000

8%

10,000

0

0

0%

'21.Q3

'21.Q4

'22.Q1

'22.Q2

'22.Q3

'21.Q3

'21.Q4

'22.Q1

'22.Q2

'22.Q3

  • Operating Income -- Operating Income Ratio

Millions of yen

8.1%

8.4%

7.7%

7.7%

8,000

8%

6,000

6%

3.1%

4,000

3,590

4%

2,682

2,704

2,469

2,000

2%

1,132

0

0%

'21.Q3

'21.Q4

'22.Q1

'22.Q2

'22.Q3

Profit attributable to owners of parent

Millions of yen

5,817

6,000

5,367

4,000

3,286

3,058

2,463

2,000

0

'21.Q3

'21.Q4

'22.Q1

'22.Q2

'22.Q3

  • Ordinary Income -- Ordinary Income Ratio

Millions of yen

20.5%

10,000

18.0%

20%

7,666

14.0%

7,522

7,500

12.1%

15%

11.8%

5,000

4,924

10%

3,770

4,037

2,500

5%

0

0%

'21.Q3

'21.Q4

'22.Q1

'22.Q2

'22.Q3

Profit per Share

Yen

100

90.00

83.06

75

50.15

46.97

50

37.45

25

0

'21.Q3

'21.Q4

'22.Q1

'22.Q2

'22.Q3

Unit : Millions of yen (YOY)

Fiscal Term

2021.Q3

2021.Q4

2022.Q1

2022.Q2

2 0 2 2 .Q 3

2021 Full Year

2022 Projection

%

%

%

%

%

%

%

Net Sales

32,038

-1.1

33,259

-5.5

35,179

-0.8

36,731

8.5

42,657

33.1

134,595

15.6

153,000

13.7

Gross Profit

8,292

-1.5

8,684

-25.6

9,151

-13.1

7,501

-15.8

10,181

22.8

36,415

4.5

38,000

4.4

Operating Income

2,469

-16.5

2,682

-58.3

2,704

-48.4

1,132

-66.7

3,590

45.4

13,800

7.0

11,500

-16.7

Ordinary Income

3,770

32.5

4,037

-40.9

4,924

-32.7

7,522

69.3

7,666

103.3

19,570

54.4

18,800

-3.9

Profit attributable to owners of parent

2,463

-25.3

3,286

-31.9

3,058

-46.9

5,367

96.0

5,817

136.1

14,251

58.6

13,000

-8.8

Profit per Share (Yen)

37.45

-24.7

50.15

-31.5

46.97

-46.3

83.06

99.6

90.00

140.3

216.75

59.8

200.77

-7.4

Gross Profit Ratio ( % )

25.9

26.1

26.0

20.4

23.9

27.1

24.8

Operating Income Ratio ( % )

7.7

8.1

7.7

3.1

8.4

10.3

7.5

Ordinary Income Ratio ( % )

11.8

12.1

14.0

20.5

18.0

14.5

12.3

ROIC ( % )

-

-

-

-

-

6.1

-

ROE ( % )

-

-

-

-

-

5.7

-

ROA ( % )

-

-

-

-

-

7.1

-

Figures for ROIC, ROE and ROA are for annual results only.

ROIC = (Operating profit × (1 - Effective tax rate)) / (Accounts receivable-trade + Inventories + Non-Current assets (excluding Investment securities) - Accounts payable-trade)

2

Factbook Q3 2022

Assets, Liabilities and Net Assets

Inventories

Millions of yen

65,176

64,290

60,000

56,562

50,920

45,270

40,000

20,000

0

'21.9

'21.12

'22.3

'22.6

'22.9

Total Assets

Millions of yen

Current Assets

Current Liabilities

Millions of yen

250,000

2 0 6,351

202,614

200,000

185,577

187,258

176,976

150,000

100,000

50,000

18,373

21,136

18,478

21,095

2 0 ,724

0

'21.9

'21.12

'22.3

'22.6

'22.9

Net Assets

-- Equity Ratio

Millions of yen

400,000

400,000

91.2%

90.9%

91.7%

91.7%

91.9%

100%

312,000

317,040

285,704

292,094

286,098

291,362

277,334

300,000

300,000

267,979

75%

259,909

252,976

200,000

200,000

50%

100,000

100,000

25%

0

0

0%

'21.9

'21.12

'22.3

'22.6

'22.9

'21.9

'21.12

'22.3

'22.6

'22.9

Unit : Millions of yen (YOY)

As of

2021.9.30

2021.12.31

2022.3.31

2022.6.30

2 0 2 2 .9 .3 0

%

%

%

%

%

Inventories

45,270

40.0

50,920

56.6

56,562

55.3

65,176

55.2

64,290

42.0

Current Assets

176,976

6.9

185,577

7.0

187,258

4.5

202,614

10.2

206,351

16.6

Current Liabilities

18,373

23.6

21,136

16.2

18,478

4.9

21,095

8.5

20,724

12.8

Current Ratio ( % )

963

878

1,013

960

996

Net Assets

252,976

8.7

259,909

8.7

267,979

7.5

286,098

12.6

291,362

15.2

Total Assets

277,334

9.8

285,704

8.8

292,094

7.2

312,000

11.7

317,040

14.3

Equity Ratio ( % )

91.2

90.9

91.7

91.7

91.9

Cash Dividend per Share

Interim

Year-end

Yen

Unit : Yen

160

Fiscal Term

2019

2020

2021

2022

135.0

135.0

135.0

Forecast

115.0

120

Interim

67.0

67.0

57.0

67.0

68.0

68.0

68.0

Year-end

68.0

68.0

58.0

68.0

58.0

Cash Dividend

80

per Share

Annual

135.0

135.0

115.0

135.0

40

(Special Dividend)

(105.0)

(105.0)

(85.0)

(105.0)

67.0

67.0

57.0

67.0

Payout Ratio ( % ) (Consolidated)

63.1

99.5

53.1

67.2

0

2019

2020

2021

2022

Forecast

Factbook Q3 2022

3

Capital Expenditures and R&D Expenses

Millions of yen

Capital Expenditures

Millions of yen

Depreciation and Amortization

7,500

7,500

6,169

5,043

5,674

5,000

5,000

4,622

4,290

4,357

3,861

3,874

3,452

3,592

2,500

2,500

0

0

'20.1stHF

'20.2ndHF

'21.1stHF

'21.2ndHF

'22.1stHF

'20.1stHF

'20.2ndHF

'21.1stHF

'21.2ndHF

'22.1stHF

R & D Expenses -- R & D Expenses / Net sales

R & D Personnel

Millions of yen

Number of Employees

5,000

4.5%

5%

600

4.2%

3.6%

487

481

466

482

496

4,000

4%

3.3%

3,000

2.8%

2,767

3%

400

2,564

2,204

2,248

2,000

1,944

2%

200

1,000

1%

0

0%

0

'20.1stHF

'20.2ndHF

'21.1stHF

'21.2ndHF

'22.1stHF

'20.1stHF

'20.2ndHF

'21.1stHF

'21.2ndHF

'22.1stHF

Unit : Millions of yen (YOY)

Fiscal Term

2020.1stHF

2020.2ndHF

2021.1stHF

2021.2ndHF

2022.1stHF

2021 Full Year

2022 Projection

%

%

%

%

%

%

%

Capital Expenditures

3,861

-53.4

3,874

-59.8

3,452

-10.6

6,169

59.2

3,592

4.1

9,622

24.4

10,411

8.2

Depreciation and Amortization

4,290

4.4

4,357

4.8

4,622

7.7

5,043

15.8

5,674

22.8

9,666

11.8

11,860

22.7

R & D Expenses

2,204

-10.5

2,248

-9.8

1,944

-11.8

2,767

23.1

2,564

31.9

4,711

5.8

5,416

15.0

R & D Expenses / Net Sales ( % )

4.5

3.3

2.8

4.2

3.6

3.5

3.5

R & D Personnel

487

4.1

481

0.4

466

-4.3

482

0.2

496

6.4

482

0.2

503

4.4

(Number of Employees)

Number of Employees

(C o n so l i dat e d)Unit : Number of Employees (Ratio) (YOY)

As of

2020.6.30

2020.12.31

2021.6.30

2021.12.31

2022.6.30

%

%

%

%

%

%

%

%

%

%

Production Division

19,087

91.9

-6.2

19,849

92.4

-2.7

19,837

92.5

3.9

19,273

92.2

-2.9

18,788

92.0

-5.3

Sales Division

256

1.2

-3.0

253

1.2

-1.2

251

1.2

-2.0

247

1.2

-2.4

259

1.3

3.2

R & D Division

623

3.0

1.0

602

2.8

-2.3

578

2.7

-7.2

596

2.9

-1.0

615

3.0

6.4

Administrative Division

796

3.8

4.2

773

3.6

-2.8

778

3.6

-2.3

778

3.7

0.6

768

3.8

-1.3

Total

20,762

100.0

-5.6

21,477

100.0

-2.6

21,444

100.0

3.3

20,894

100.0

-2.7

20,430

100.0

-4.7

(No n - Co n so lidat e d)

As of

2020.6.30

2020.12.31

2021.6.30

2021.12.31

2022.6.30

%

%

%

%

%

Total

867

0.7

851

0.2

836

-3.6

836

-1.8

843

0.8

4

Factbook Q3 2022

Motor Sales by Application / Motor Sales Quantity by Application

Automotive Products

Life & Industrial Products

Millions of yen

42,657

40,000

36,730

32,034

33,237

35,175

30,000

20,000

10,000

0

'21.Q3

'21.Q4

'22.Q1

'22.Q2

'22.Q3

Motor Sal es

Unit : Millions of yen (Ratio) (YOY)

Fiscal Term

2021.Q3

2021.Q4

2022.Q1

2022.Q2

2 0 2 2 .Q 3

%

%

%

%

%

%

%

%

%

%

Automotive Products

22,851

71.3

-2.0

23,988

72.2

-9.3

25,804

73.4

-3.4

26,696

72.7

8.1

32,142

75.3

40.7

Life & Industrial Products

9,182

28.7

1.0

9,249

27.8

5.9

9,371

26.6

7.6

10,033

27.3

9.6

10,515

24.7

14.5

Total Sales

32,034

100.0

-1.1

33,237

100.0

-5.5

35,175

100.0

-0.7

36,730

100.0

8.5

42,657

100.0

33.2

Motor Sal es Quanti ty

Unit : In Millions (Ratio) (YOY)

Automotive Products

215

67.3

-3.6

222

69.5

-17.0

237

72.0

-9.2

221

70.5

-6.8

248

73.1

15.5

Life & Industrial Products

104

32.7

-2.6

97

30.5

-8.2

92

28.0

-10.1

92

29.5

-12.2

91

26.9

-12.7

Total Sales

320

100.0

-3.3

319

100.0

-14.5

329

100.0

-9.4

313

100.0

-8.5

340

100.0

6.3

A verag e Sal es Pri ce

Unit : Yen

Fiscal Term

2021.Q3

2021.Q4

2022.Q1

2022.Q2

2 0 2 2 .Q 3

Automotive Products

106.03

108.05

108.68

120.72

129.11

Life & Industrial Products

87.56

94.71

101.66

108.18

114.86

Total Sales

99.98

103.98

106.72

117.02

125.28

A verag e Ex chang e R ate

Unit : Yen

US$ :

110.11

113.71

116.20

129.57

138.37

Unit : Millions of yen (Ratio) (YOY)

Fiscal Term

2021 Full Year

2022 Projection

%

%

%

%

Automotive Products

98,246

73.0

16.0

113,245

74.0

15.3

Motor Sales

Life & Industrial Products

36,297

27.0

14.5

39,754

26.0

9.5

Total Sales

134,544

100.0

15.6

153,000

100.0

13.7

Unit : In Millions (Ratio) (YOY)

Automotive Products

936

69.5

10.5

946

72.2

1.0

Motor Sales Quantity

Life & Industrial Products

410

30.5

9.3

363

27.8

-11.4

Total Sales

1,346

100.0

10.1

1,310

100.0

-2.7

Unit : Yen

Fiscal Term

2021 Full Year

2022 Projection

Automotive Products

104.93

119.70

Average Sales Price

Life & Industrial Products

88.38

109.24

Total Sales

99.89

116.79

Average Exchange Rate

US$ :

109.80

123.94

Factbook Q3 2022

5

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Mabuchi Motor Co. Ltd. published this content on 02 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 03:39:04 UTC.