FY 2023 1Q | Product Segments | Financial Results | Company Overview | 1 |
Financial Results |
FY2023 1Q
Financial Results
January 12, 2023
MANI, INC.
THE BEST QUALITY IN THE WORLD, TO THE WORLD
FY 2023 1Q | Product Segments | Financial Results | Company Overview | 2 |
Financial Results | ||||
Product Segments
Surgical
- Surgical instruments, such as ophthalmic knives and skin staplers
Ophthalmic knives | Skin staplers |
Eyeless Needle ※Mainly OEM products
- Eyeless needles
- Eyed needles
- Surgical sutures
- Dental sutures
Eyeless needles | Eyed needles |
Dental / GDF (*)
- Dental endodontic instruments
- Dental rotary and cutting instruments
- GDF products / Dental restoration materials
Dental endodontic | Dental rotary and | Dental restoration materials |
instruments | cutting instruments | |
(Reamers/ Files) | (Dia-burs) |
(*)GDF is the abbreviation for GDF Gesellschaft für dentale Forschung und Innovationen GmbH, a consolidated subsidiary in Germany that produces and sells dental restoration materials
FY 2023 1Q | Product Segments | Financial Results | Company Overview | 3 |
Financial Results | ||||
FY2023 1Q Consolidated Financial Results
- Net sales have increased due to high product demands in Japan, Europe and Asia.
- Operating income increased slightly due to the following impacts:
- Increase in manufacturing costs and cost of sales
- Increase in SG&A expenses for enhancing personnel structure
- Ordinary income and net income have decreased due to decrease in foreign exchange profits.
FY2022 1Q | FY2023 1Q | (¥ million) | |||
YoY | % | ||||
Results | Results | ||||
Net sales | 4,728 | 6,105 | +1,376 | +29.1% | |
Cost of sales | 1,638 | 2,455 | +817 | +49.9% | |
(%) | (34.6%) | (40.2%) | |||
SG&A expenses | 1,376 | 1,901 | +524 | +38.1% | |
(%) | (29.1%) | (31.1%) | |||
Operating income | 1,713 | 1,748 | +35 | +2.1% | |
(%) | (36.2%) | (28.6%) | |||
Ordinary income | 1,911 | 1,736 | -175 | -9.2% | |
Net income | 1,322 | 1,299 | -23 | -1.8% | |
FY 2023 1Q | Product Segments | Financial Results | Company Overview | 4 |
Financial Results | ||||
FY2023 1Q Sales Status by Segments (Increase/decrease factors)
- Increase in sales +¥1,376 million (+29.1%)
- Foreign exchange +¥539 million
- All segments' sales have increased. The Eyeless Needle segment was especially strong.
Eyeless | ||
Foreign | Needle | |
Surgical | + 548 | |
Exchange | ||
+ 219 | ||
Sales in Asia, | ||
+ 539 | Demand | |
North America and | ||
towards | Europe increased | |
ophthalmic | ||
due to increase in | ||
knives have | ||
product demand. | ||
increased in | ||
Japan and | ||
China. |
Dental / GDF
- 71
- Sales of reamer files and dia-burs have increased in Japan.
- Sales of dental restorative materials have increased in Europe.
(¥ million)
6,105
4,728
FY2022 1Q | Exchange rate | FY2023 1Q |
Rate in FY2023 1Q : 1USD=¥144.26 1EUR=¥143.93 1CNY=¥20.22 | ||
Results | Results | |
Rate in FY2022 1Q : 1USD=¥112.48 1EUR=¥130.44 1CNY=¥17.52 |
FY 2023 1Q | Product Segments | Financial Results | Company Overview | 5 |
Financial Results | ||||
FY2023 1Q Sales Status by Regions
- Strong product demand mainly in Asia (China and India) and Europe.
(¥ million)
Europe
Asia |
2,858 |
2,045 |
North | ||
Japan | ||
America | ||
1,242 | |
960 | |
22/8 1Q | 23/8 1Q |
22/8 1Q | 23/8 1Q |
917 | 1,058 |
22/8 1Q | 23/8 1Q |
414 | 471 | ||||
22/8 1Q | 23/8 1Q |
India | China | |
Other | |||
Other Asian | ※Includes | ||
countries | regions | South America, | |
Russia, | |||
Australia
227 338
22/8 1Q | 23/8 1Q |
1,350 | 1,782 |
22/8 1Q | 23/8 1Q |
468 | 738 |
22/8 1Q | 23/8 1Q |
390 474
22/8 1Q 23/8 1Q
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Mani Inc. published this content on 12 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2023 08:09:02 UTC.