Toyo Denki Seizo K K : Financial Results Briefing for the Six Months Ended November 30, 2022
January 13, 2023
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Financial Results Briefing
for the Six Months Ended
November 30, 2022
January 13, 2023
Toyo Denki Seizo K.K.
Program
Briefing on Financial Results: 30 minutes
Overview of Financial Results for the Six Months Ended November 30, 2022
Financial Results Forecast for the Fiscal Year Ending May 31, 2023
Medium-TermManagement Plan
Q&A: 30 minutes
1
1. Overview of Financial Results for the Six Months Ended November 30, 2022
(from June 1, 2022 to November 30, 2022)
1-1. Overview of Consolidated Financial Results
Net sales fell from the same period of the previous year and operating loss decreased due to factors such as difficulties in procuring parts and materials and delivery delays, although orders received increased significantly and the business is on a recovery trend.
100 million yen
6M FYE
6M FYE
YoY Change
6M FYE
Changes vs.
May 2023
Forecast
May 2022
May 2023
%
Forecast
%
Orders
142.1
170.7
＋28.5
+20.1%
163.0
＋7.7
104.7%
received
Net sales
148.0
138.2
- 9.8
- 6.6%
160.0
- 21.8
86.4%
Operating
- 3.6
- 0.8
＋2.8
ー
- 0.8
＋0.0
100.0%
profit
Ordinary
- 0.8
1.9
＋2.8
1.6
＋0.3
118.8%
ー
profit
Profit
1.8
0.2
- 1.6
- 85.7%
3.0
- 2.8
6.7%
[Profit per share (yen)]
20.82
2.98
- 17.84
－
33.56
- 30.58
－
Ratio of overseas
14.9%
18.0%
＋3.1pt
－
sales to net sales
3
Review of Business Environment for the six months ended November 30, 2022
Transportation
Business
Business Environment
Although the number of railway passengers is gradually recovering, there is no prospect that the number will recover to the pre- pandemic level, partly due to changes in behavior patterns. The recovery in capital investment by customers has been slow.
Industry Business
In China, due to the behavior restrictions imposed by the zero-COVID policy, the turnout is below pre-pandemic levels and the economic recovery is not robust. Restrictions on face-to-face sales activities have been eased, and capital investment for plant production in many industries continues to recover. However, some customers are reconsidering their capital investment plans due to a shortage of materials. Although the economies of many countries are recovering moderately, the future remains uncertain due to geopolitical risks, rising raw material prices, and shortages of parts.
4
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TOYO Electric Mfg. Co. Ltd. published this content on 13 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2023 09:35:09 UTC.
Toyo Denki Seizo KK is a Japan-based company mainly engaged in the manufacture and sale of electrical machinery and equipment for the transportation, industrial and information and communication technology (ICT) business, and related work. The transportation segment is engaged in manufacture and sale of electrical equipment for railway vehicles, new transportation system vehicles, special vehicles, and power storage devices for railways, and related work. The industrial segment is engaged in manufacture and sale of industrial production and processing equipment systems, automotive test systems, power generation and power supply systems, water and sewage equipment systems, on-board electrical equipment, and other ancillary works. The ICT Solutions segment is engaged in the manufacture and sale of station equipment systems, Internet of Things (IoT) solutions (cloud-based remote monitoring and control systems), and other related work. It is also engaged in worker dispatch business.
TOYO DENKI SEIZO K.K. 
