Meidensha : Financial Result for FY2022 Q2

Oct 31, 2022

Meidensha Corporation

＜TSE：6508＞

FY 2022 2Q

Supplementary information

Contents

〈Financial conditions〉

１．Financial Results and Forecast

２．The results for each business segment （Orders）

（Net sales）

（Power Infrastructure）

（Public, Industrial & Commercial Sector） （Mobility & Electrical Components）

（Field Service Engineering） （Real Estate）

（Other）

３．Overseas ratio of orders

＜Contact us＞

Meidensha Corporation

Corporate Communications & PR Promotion Divison

TEL：[phone]

〈Financial conditions〉

	FY 2021 2Q	FY 2022 2Q	YoY
	Results	Results	Change
Orders	125,549	158,188	126.0%
Net sales	98,950	111,742	112.9%
Operating income	(2,750)	(4,892)	－
Ordinary income	(2,734)	(3,957)	－
Net income attributable	(2,180)	(2,746)	－
to owners of the parent
Net income per	(48.07)	(60.54)	－
share(￥)

	（￥million）
FY 2021	FY 2022
Results	Forecast
259,635	280,000
255,046	275,000
9,468	12,000
10,206	12,500
6,733	8,400

148.43 185.15

１．Financial Results and Forecast

FY 2021	FY 2022 2Q
			Forecast
2Q	2Q

Orders	125,549	259,635	158,188	280,000
Net sales	98,950	255,046	111,742	275,000
Operating income	(2,750)	9,468	(4,892)	12,000
Ordinary income	(2,734)	10,206	(3,957)	12,500
Net income attributable	(2,180)	6,733	(2,746)	8,400
to owners of the parent
Capex	4,780	10,748	5,141	15,000
Depreciation and	5,968	12,534	5,689	11,300
amortization
R&D expenses	4,524	9,869	5,040	11,000
Number of employee	9,991	9,923	9,955	－
Consolidated	43	42	41	－
subsidiaries

２．The results for each business segment

（Orders）

	FY 2021	FY 2022 2Q
				Forecast
	2Q		2Q
Power	24,877	55,894	35,710	62,500
Infrastructures
Public, Industrial &	42,739	95,578	51,495	86,000
Commercial Sector
Mobility & Electrial	28,316	65,345	39,830	87,000
Components
Field Service	27,708	41,855	28,371	41,000
Engineering
Real Estate	1,601	3,213	1,615	3,200
Other	8,695	16,883	9,860	19,000
Eliminations and	(8,389)	(19,134)	(8,694)	(18,700)
corporate
Total	125,549	259,635	158,188	280,000

（￥million）

Increase

2Q

32,638 20,364

12,791 19,953

(2,142) 2,531

(1,223) 2,293

1. 1,666

1. 4,251

1. (1,234)

1. 1,130

1. －

1. －

（￥million）

Increase

2Q

10,833 6,605

8,755 (9,578)

11,514 21,654

663 (855)

1. 13 (13)

   1,164 2,116

2. 434
   32,638 20,364

（Net sales）

		FY 2021	FY 2022 2Q
						Forecast
		2Q			2Q
	Power	19,509	52,300		23,937	60,700
	Infrastructure
	Public, Industrial
	& Commercial	38,297	94,701		37,368	89,100
	Sector
	Mobility &
	Electrial	26,487	63,817		35,447	82,900
	Components
	Field Service	12,753	39,541		12,705	41,200
	Engineering
	Real Estate	1,605	3,206		1,622	3,200
	Other	7,085	16,888		7,768	17,800
	Eliminations and	(6,788)	(15,409)		(7,108)	(19,900)
	corporate
	Total	98,950	255,046		111,742	275,000
（Power Infrastructure）
		FY 2021	FY 2022 2Q
						Forecast
		2Q			2Q
	Orders	24,877	55,894		35,710	62,500
	Net sales	19,509	52,300		23,937	60,700
	Operating income	(2,361)	(1,899)		(2,280)	(400)
	Capex	1,165	2,304		1,443	2,300
	Depreciation and	2,070	4,327		1,965	3,700
	amortization
	R&D expenses	679	1,450		701	1,550
	Number of	2,279	2,304		2,292	－
	employees
	Consolidated	17	16		16	－
	subsidiaries

（￥million）

Increase

2Q
4,428	8,399
(929)	(5,601)
8,959	19,082
(47)	1,658
17	(6)
682	911
(320)	(4,490)
12,791	19,953

（￥million）

Increase

2Q

10,833 6,605

4,428 8,399

80 1,499

278 (4)

1. (627)

1. 99

1. －

1. －

（Public, Industrial & Commercial Sector）

	FY 2021		FY 2022 2Q
					Forecast
	2Q		2Q
Orders	42,739		95,578	51,495	86,000
Net sales	38,297		94,701	37,368	89,100
Operating income	875		6,103	(1,421)	4,400
Capex	740		1,170	758	1,600
Depreciation and	575		1,192	559	1,100
amortization
R&D expenses	658		1,568	933	2,000
Number of	2,625		2,582	2,577	－
employees
Consolidated	10		10	10	－
subsidiaries

（Mobility & Electrial Components）

	FY 2021		FY 2022 2Q
					Forecast
	2Q		2Q
Orders	28,316		65,345	39,830	87,000
Net sales	26,487		63,817	35,447	82,900
Operating income	(815)		(248)	(237)	2,400
Capex	812		2,129	1,629	7,000
Depreciation and	1,493		3,249	1,384	2,800
amortization
R&D expenses	1,800		3,944	1,888	4,000
Number of	1,287		1,289	1,260	－
employees
Consolidated	5		5	5	－
subsidiaries

（Field Service Engineering）

	FY 2021		FY 2022 2Q
					Forecast
	2Q		2Q
Orders	27,708		41,855	28,371	41,000
Net sales	12,753		39,541	12,705	41,200
Operating income	(44)		5,937	(616)	6,000
Capex	176		362	198	300
Depreciation and	222		453	182	400
amortization
R&D expenses	120		247	129	400
Number of	1,808		1,793	1,840	－
employees
Consolidated	5		5	4	－
subsidiaries

（￥million）

Increase

2Q

8,755 (9,578)

1. (5,601)
   (2,296) (1,703)

18 429

1. (92)

275 431

1. －

• －

（￥million）

Increase

2Q

11,514 21,654

8,959 19,082

578 2,648

817 4,870

1. (449)

87 55

1. －

• －

（￥million）

Increase

2Q

663 (855)

1. 1,658

1. 62

21 (62)

1. (53)

1. 152

1. －

1. －