Market Closed -
Japan Exchange
02:00:00 2024-05-21 am EDT
5-day change
1st Jan Change
1,480
JPY
+2.03%
-0.84%
+20.43%
Alps Alpine : 2023 IR-DAY Material
Securities Code: 6770
2023 IR Day
May 26, 2023
Status of the 2nd Mid-Term Business Plan
Looking toward 2027
Status of and Prospects for Each Business segment
Financial and Capital Policies
Status of the 2nd Mid-Term Business Plan
Looking toward 2027
Status of and Prospects for Each Business segment
Financial and Capital Policies
Vision and 2nd Mid-Term Business Plan Targets
Corporate Vision and Business Vision
"ITC101"
FY2027
Innovative T-shaped Company with operating income margin
and ROE of 10%, and operating income of ¥100.0 billion
Maximizing stakeholder value and balancing both CSR and ESG
A T-shaped company that creates excitement, safety, and environmental value through both hardware and software technologies.
2nd Mid-Term Business Plan Targets
Progress report on FY2022 on April 28, 2023
Mid-term (FY2024): Operating income margin deteriorated 2-3 percentage points due to inflation
itc88 … Operating income margin 8% (=ROE 10%) , Net sales ¥800.0 billion minimum
Return to growth trajectory by continuing business quality improvement, cost reform and capabilities reform
Progress of the ITC101/FY2027
【 Earnings】 Inflation of 6% not brought sufficiently under control, 2-3% deterioration in operating margin
【 Winning future business】 Prospect of ITC101 becoming visible. Outcomes relative to one year ago exceeding expectations
FY2022 outcomes (invisible one year ago)
Component
Amusement market of ¥50 billion has come into range as the third pillar
of the business after automobiles and smartphones
- FY2022 ¥15.0bn → FY2024 2x → FY2027 Games ¥40.0bn, Amusement (inc. XR) ¥50.0bn
Sensor &
Safety & Green in 3rd Mid-Term Business Plan, working on doubling size
Communication
of business
(S &C )
+Win large solutions projects (digital key, recurring business)
Hardware +
Within range of ¥650 billion for M&S by FY2027,
Software
Module & System
Integration
increase of ¥250 billion in sales will dramatically improve profitability (at rate of ¥110)
synergies
(M &S )
Promoting shared platform for shift to integrated ECUs and new Digital Cabin products,
and concentrating on strategic customers
Announce withdrawal from unprofitable models (operating loss ¥4.0 billion) to customers and
post impairment losses
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Alps Electric Co. Ltd. published this content on 26 May 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 06 June 2023 04:17:05 UTC .
Alps Alpine to Absorb Wholly-Owned Subsidiary; Shares Down 3%
May. 10
MT
Alps Alpine Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024
May. 09
CI
Alps Alpine Co., Ltd. Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2025
May. 09
CI
Alps Alpine Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and for the Full Year Ending March 31, 2025
May. 09
CI
Jefferies Starts Alps Alpine at Hold With 1,180 Yen Price Target
Apr. 11
MT
Alps Alpine Co., Ltd. Announces Change of Representative Directors and Management Structure, Effective June 26, 2024
Mar. 25
CI
Federal Reserve, China Factory Outlooks Roil Asian Stock Markets
Jan. 31
MT
Japanese Shares Extend Gains After Economic Data, Earnings
Jan. 31
MT
Japan's Nikkei shakes off chip blues to post best January since 1998
Jan. 31
RE
Alps Alpine Cuts Outlook, Dividend Forecast on Weak Nine-Month Results
Jan. 31
MT
Japan's Nikkei set for best January since 1998 despite chip drag
Jan. 30
RE
Alps Alpine Co., Ltd. Provides Impairment Guidance for the Full Year Ending March 31, 2024
Jan. 30
CI
Alps Alpine Co., Ltd. Revises Its Dividend Forecast for the Full Fiscal Year Ending March 31, 2024
Jan. 30
CI
Alps Alpine Co., Ltd. Revises Its Consolidated Earnings Forecast for the Full Fiscal Year Ending March 31, 2024
Jan. 30
CI
Japan's Alps Alpine says ex-worker arrested on suspected trade secret leak
Dec. 05
RE
Oasis could pursue appraisal rights in $2.7 bln Itochu unit buyout
Nov. 15
RE
China Outlook, FX Rates Roil Asian Stock Markets
23-09-12
MT
Japanese Shares End Three-Session Losing Streak on Tuesday; Shares of Alps Alpine Rise Over 4%
23-09-12
MT
Alps Alpine Co., Ltd. Provides Dividend Guidance for Interim and Full Year of Year Ending March 31, 2024
23-05-26
CI
Alps Alpine Co., Ltd. Proposes Dividend for the Year Ended March 31, 2023 , Effective Date June 26, 2023
23-05-26
CI
India's Tata Elxsi posts Q4 profit surge on strong deal pipeline
23-05-18
RE
InterDigital Grants Patent License to Alps Alpine
23-05-15
MT
FreeBit Co., Ltd. announced that it has received ¥1.4706 billion in funding from Alps Alpine Co., Ltd.
23-04-17
CI
Earnings Season, Forex Outlooks Lift Asian Stock Markets
23-04-17
MT
FreeBit Co., Ltd. announced that it expects to receive ¥1.4706 billion in funding from Alps Alpine Co., Ltd.
23-03-30
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Alps Alpine Co., Ltd. specializes in the production and marketing of electromechanical components. Net sales break down by family of products and services as follows:
- electronic components (52.4%): mobile phones, household items and industrial equipment components (switches, connectors, encoders, captors, etc.);
- audio and communication equipment for automotive (37.8%);
- logistics services (8.2%);
- other (1.6%).
Net sales are distributed geographically as follows: Japan (19%), China (19.2%), Americas (16.5%), Germany (10.7%), and other (34.6%).
More about the company
Last Close Price
1,480
JPY
Average target price
1,196
JPY
Spread / Average Target
-19.17%
Consensus
1st Jan change
Capi.
+20.43% 1.91B +36.05% 80.1B +58.85% 71.95B -1.99% 34.79B -7.49% 31.37B -6.95% 14.59B -7.13% 10.91B +12.88% 10.01B -8.61% 9.93B +34.02% 8.98B
Electronic Component
+951% of historical performance
More than 20 years at your side
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