Ohara : Presentation of Financial Results Third Quarter of the Fiscal Year Ending October 31, 2023
September 07, 2023
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Presentation of Financial Results Third
Quarter of the Fiscal Year Ending
Ending October 31, 2023
OHARA INC. (Code: 5218)
Sep.8th.2023
1 Overview of FY2023 3Q
Main Points of Results
Summary of Results
Optical Business
Electronics Business
Factors for Changes in Operating profit/ｌoss
CONTENTS
2 Outlook for FY2023
Summary of Full-Year Results Forecast
Revision of the Results Forecast
Explanation of future business environment
Forecasts for the Optical Business
Forecasts for the Optical Business （semi- annual/quarter）
Forecasts for the Electronics Business
Forecasts for the Electronics Business（semi- annual/quarter）
Capital Expenditure, Depreciation,
and Research and Development
2
Overview of FY2023 3Q
Main Points of Results
Business Environment
■The recovery trend continued, reflecting progress in efforts to institute infection prevention measures while simultaneously facilitating economic activity, despite the continuing impact of the COVID-19 pandemic.
■The outlook remained uncertain, mainly reflecting the Russia-Ukraine war, weakness in the real estate market in China, the acceleration of global inflation due to high resource prices, as well as foreign exchange rate instability.
■The digital camera market remained firm, mainly due to increased sales of mirrorless cameras.
■In the exposure device market, FPD exposure devices remained weak, but semiconductor exposure devices remained firm.
Company Results
■Net sales increased 2.3% year on year, given higher sales of high homogeneity optical glass for semiconductor exposure devices.
■Operating profit decreased 4.4% year on year, reflecting the impact of increasing raw material and fuel costs, increasing in SG&A expenses, despite a rise in sales of high value-added products.
■In the optical business, the operating rate of production facilities declined due to the impact of inventory adjustments within the supply chain.
OHARA Inc. published this content on 08 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2023 06:47:06 UTC.
OHARA INC. is a Japan-based company mainly engaged in the manufacture and sale of glass materials for optical and electronic equipment. The Company operates in two business segments. The Optics segment is engaged in the manufacturing and sales of products for optical products such as optical glass materials and lens materials for optical equipment. The Electronics segment is engaged in the manufacturing and sales of products for electronics products such as highly homogeneous glass for semiconductor exposure equipment, extremely low expansion glass ceramics and quartz glass.
OHARA INC. 
