Consolidated Financial Result of 1H, FY2023

August 2023

SIIX Corporation

INDEX

  • Consolidated Financial Result of 1H, FY2023
  • Consolidated Financial Forecast of FY2023
  • CAPEX & Depreciation
  • Current Situation of Midterm Business Plan
  • Topics
  • Manufacturing information
  • Initiatives in ESG
  • Shareholder Return
  • Disclaimer

Copyright © 2023 SIIX Corporation All rights reserved.

1

Consolidated Financial Result of 1H, FY2023

  • Profit and Loss

1H, FY2022

1H, FY2023

1H, FY2022 vs.

Impact of

1H, FY2022 vs.

1H, FY2023

change in

1H, FY2023, net

(JPY in millions)

amount

％

amount

％

diff.

％

FX

diff.(net)

％

Sales

125,467

100.0

150,612

100.0

25,145

20.0

8,551

16,593

13.2

Gross Profit

11,584

9.2

14,551

9.7

2,966

25.6

833

2,132

18.4

SGA

8,126

6.5

8,840

5.9

713

8.8

456

256

3.2

Operating Income

3,457

2.8

5,711

3.8

2,253

65.2

377

1,876

54.3

Ordinary Income

3,639

2.9

5,855

3.9

2,215

60.9

Exchange rate

1H, FY2022

1H, FY2023

Extraordinary

-367

-0.3

3

0.0

370

-

USD

122.99

134.95

Income & Loss

EUR

134.40

145.87

Corporate tax

1,707

1.4

1,915

1.3

207

12.2

HKD

15.71

17.21

Profit attributable to owners

1,579

1.3

3,941

2.6

2,361

149.5

THB

3.65

3.94

of parent

RMB

18.96

19.44

  • Scope of Consolidation

End of

Changes

End of

1H, FY2022

Increase Decrease

1H, FY2023

Consolidated Subsidiary

22

1

2

21

Equity Method Affiliate

2

1

-

3

* The scope of consolidation was changed as follows from the first quarter of 2023.

Consolidated subsidiaries

+1

(Newly consolidated Malaysian sales subsidiary)

- 2 (Integration of 3 Philippine subsidiaries)

Equity method affiliates

+1

(Joint venture with Midea Group)

Copyright © 2023 SIIX Corporation All rights reserved.

2

Consolidated Financial Result of 1H, FY2023

  • Sales

160

140

120

100

80

60

40

20

0

(JPY in billions, %)

Sales Q2

150.6

Sales Q1

125.5

78.9

62.4

63.071.7

FY2022FY2023

• Operating Profit

(JPY in billions, %)

6.0

OP Q2

5.7

4.0%

3.8%

OP Q1

5.0

OP% 1H

3.0

3.0%

4.0

2.8%

3.5

3.0

2.0%

1.6

2.0

1.0%

2.7

1.0

1.9

0.0

0.0%

FY2022

FY2023

Copyright © 2023 SIIX Corporation All rights reserved.

3

Consolidated Financial Result of 1H, FY2023

  • Sales by Market Sector（1H, FY2022 vs. 1H, FY2023）

(JPY in billions, %)

160.0

140.0

120.0

100.0

150.6

150.0

125.5

12.2 (8.1%)

2.2 (1.5%)

2.5(2.0%)

14.0 (9.3%)

120.0

13.0 (10.3%)

32.0 (21.3%)

90.0

12.6 (10.0%)

Machinery Others

23.3 (18.6%)

Information

60.0

Home appliance

90.2 (59.9%)

30.0

74.1 (59.1%)

Industrial

Automotive-related

0.0

1H, FY2022 Actual

1H, FY2023 Actual

Others

Exchange Rate

+10.5

+8.0

+0.7

-1.7

-1.0

+8.6

Information

Industrial

Office equipment

Power tool

+3.5

-1.3

In-flight AV equipment

+3.3

Commercial AC equipment

+1.2

150.6

Inverter

+0.9

Home appliance

Tags for livestock management

+0.7

Automotive-related

AC

+1.2

Industrial sewing machine

-0.4

125.5

+4.6

AC

+1.3

Digital appliances

-0.6

Exterior

Electronic Tool

-0.4

Electronic Lock

+0.5

Quasi-Millimeter wave radar

+1.6

Switch

+1.1

For government offices

-1.4

Battery-related

+1.3

Meter

-1.0

Copyright © 2023 SIIX Corporation All rights reserved.

4

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Siix Corporation published this content on 29 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 August 2023 02:57:36 UTC.