Presentation Material : Second Quarter of 2023（787KB）

Mabuchi Motor Co., Ltd.

(Securities code: 6592)

First-Half 2023 Results Briefing

Briefing Materials

August 10, 2023

Actuating Your Dreams

First-Half 2023 Results Briefing

Statements concerning the business forecast recorded in these slides are based on information available at the time of preparation. Actual results may differ from the forecast due to various factors.

Factors that may affect the operating results include, but are not limited to:

・Fluctuations in exchange rates

・Changes in economic conditions, demand trends, and other

factors surrounding Mabuchi's businesses

・Rapid technical innovations such as new technologies and new products

・Fluctuations in market prices of copper, steel, rare earths, and other materials

1

First-Half 2023 Results Briefing

1		Overview of First-Half Performance and
	Sales Results by Market

2

3

Forecast for Full-Year Performance and Sales

Management Policy and Business Strategy

2

Overview of First-Half 2023 Performance

Net Sales	¥81.586 billion (up 13.5% year on year)

• For automotive products, net sales increased with a recovery in automobile production due to the easing of supply constraints of semiconductors and other components, the effects of price revisions, and the impact of the weak yen.
• For life and industrial products, net sales declined because of sluggish personal consumption associated with inflation and inventory adjustments linked to the normalization of logistics in relation to products for home appliances, power tools and housing equipment, and these factors outweighed the strong performance of products for health and medical.

Operating Income ¥4.152 billion (up 8.2% year on year)

• Operating income increased due to sales price and product mix improvements along with the impact of the weak yen, despite downward factors on income such as higher costs due to deteriorating operating rates.

3

First-Half 2023 Consolidated Performance

(Billion yen)

		2022	2023	2023	Year-on-Year	Change from
				1st-Half Forecast			Forecast
		1st-Half Results	1st-Half Results
		(Announced Feb. 2023)	Amount	%	Amount	%
	Net sales	71.9 (100.0%)	85.9 (100.0%)	81.5	(100.0%)	9.6	13.5%	-4.3	-5.0%
	Gross Profit	16.6 (23.2%)	22.0	(25.6%)	18.2	(22.4%)	1.6	9.7%	-3.7	-17.0%
Operating Income	3.8	(5.3%)	6.9	(8.0%)	4.1	(5.1%)	0.3	8.2%	-2.7	-39.8%
Ordinary Income	12.4 (17.3%)	7.8	(9.1%)	12.5	(15.4%)	0.1	1.1%	4.7	61.4%
Profit Attributable to	8.4	(11.7%)	5.4	(6.3%)	10.1	(12.4%)	1.6	20.1%	4.7	87.5%
Owners of Parent
	SG&A	12.8 (17.8%)	15.1	(17.6%)	14.1	(17.3%)	1.2	10.1%	-0.9	-6.6%
	Expenses
	Foreign	7.0	-		6.2	-0.8		6.2
	Exchange		- 12.0%	-
	Gains/Losses
	Effective Tax	29.7%	29.9%	24.1%	-5.6pp	-5.8pp
	Rate

4