Okabe : 2nd Quarter Financial Results Briefing for Fiscal Year 2023
September 06, 2023
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Financial Results Briefing
First Six Months of the Fiscal Year
Ending December 31, 2023
Future figures stated in financial forecasts and elsewhere in this material are forward-looking statements based on currently available information and involve risks and uncertainties. Investors are therefore asked not to make investment decisions based solely on these forecasts. Please note that actual results may differ materially from the forecasts due to various key factors. These factors that may impact actual results include economic circumstances surrounding the Company's business domains and fluctuations in foreign exchange rates against the U.S. dollar and other currencies.
I am Kawase from OKABE, and I just got introduced. Thank you very much for taking time out of your busy schedules to attend our financial results presentation today. I would also like to take this opportunity to thank you for all of your support for OKABE CO., LTD.
I would now like to begin the presentation of the financial results of OKABE CO., LTD. for Q2 of the fiscal year ending December 31, 2023.
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Okabe Group's Business Domains
Diversification business
Manufacturing and sales of lift tables, fish reefs and other products
Automotive products
Manufacturing and sales of battery terminals and sales of bolts and nuts for trucks and other vehicles
LTD.
Construction-related
products
1,952
● Temporary building and
5,089 (5%)
formwork products
● Civil engineering products
(13%) Net sales
● Building structural products
● Building materials
38,021
30,979
● Building products and
million yen
(82%)
materials
(consolidated for the first six
months of the fiscal year ending
December 31, 2023)
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First, let me explain our business areas. The Company operates a construction-related products business as its core business, as well as an automotive products business and other businesses.
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Domestic and Overseas Sales Ratios
Overseas business
Domestic business
● Sales of building products
● Construction-related products
and materials
● Automotive products
13,149
(35%) Net sales
38,021
24,872
million yen
(consolidated for the first six
(65%)
months of the fiscal year ending
December 31, 2023)
LTD.
3
The sales composition ratio is as shown on the screen. The ratio of domestic and overseas sales is approximately 65% for domestic and 35% for overseas.
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Todayʼs Agenda
Summary of Consolidated Financial Results for the First Six Months of the Fiscal Year Ending December 31, 2023
II. Consolidated Forecasts for the Year Ending December 31, 2023
Topics
- Response to P/B ratio below 1x
LTD.
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As you will see on the screen, we will discuss three major points today.
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I. Summary of Consolidated Financial Results for the
First Six Months of the Fiscal Year Ending December 31, 2023
LTD.
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First, I would like to provide an overview of our consolidated financial results for Q2 of the fiscal year ending December 31, 2023.
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Disclaimer
OKABE Co. Ltd. published this content on 07 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2023 06:22:04 UTC.
OKABE CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of construction equipment and materials. The Company operates in three business segments. The Construction-related Product segment manufactures and sells temporary and formwork construction products, civil engineering products and structural products, and purchases and sells construction materials. The Automobile-related Product segment is engaged in the planning and sale of automobile related products. The Others segment manufactures and sells marine materials and supplies, and manufactures and sells fishing products in the United States.
OKABE CO., LTD. 
