Organo : Report on the Financial Results for First Half of Fiscal Year Ending March 31, 2023 (778KB)
November 25, 2022 at 12:34 am EST
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Financial Results for First Half of Fiscal Year Ending March 31, 2023
Securities Code: 6368
November 10, 2022
1
Contents
First-HalfResults for Fiscal Year Ending March 2023
Full-YearForecast for Fiscal Year Ending March 2023
(Reference)
Topics
Company Overview
2
Contents
First-HalfResults for Fiscal Year Ending March 2023
Full-YearForecast for Fiscal Year Ending March 2023
(Reference)
Topics
Company Overview
3
Overview of First-Half Results: Overview for FY ending 03/2023
Robust capital investment continued in the electronics industry centered around semiconductors, leading to growth in our business both domestically and internationally.
・Orders, sales, and operating profit all grew year-on-year and exceeded the initial plan, achieving record-high results in the second quarter.
(Millions of yen)
Orders Received
Net Sales
Operating Profit
Performance Products
78,230
70,000
6,510
10,266
62,117
58,903
9,850
60,000
1,080
50,001
10,034
9,905
9,850
3,771
4,000
9,623
730
850
67,964
60,150
52,083
50,150
5,430
48,998
40,378
3,040
3,150
09/2021
09/2022
09/2022
09/2021
09/2022
09/2022
09/2021
09/2022
09/2022
Actual
Actual
Plan
Actual
Actual
Plan
Actual
Actual
Plan
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Overview of First-Half Results for FY ending 03/2023
Electronics
• Large-scale investments were continued to be made in Japan and Taiwan, and the
Organo Group received orders for major semiconductor projects in China and Malaysia.
Industry
• Sales increased due to progress on the construction of major projects.
• Greater foreign currency translation differences as a result of the depreciation of the
yen also contributed.
General
• Orders remained strong due to the trend toward recovery in large-scale capital
investments in Japan.
Industry
• Sales were affected by delays in procuring raw materials and in construction, etc.
causing a lag with delivery deadlines postponed to the second half or later.
Electric Power
/Water Supply • Progress was made on construction for projects received and firm levels of orders were seen mainly in the solutions projects in Japan.
and Sewage
Performance
• Sales of water treatment chemicals were steady, mainly in the electronics industry.
Sales of standard equipment and filters also grew, including small-scale pure water
Products
production equipment for medical institutions and research institutions.
• The food products business also made steady progress in passing on costs in the form
of price increases, etc.
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ORGANO Corporation published this content on 25 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2022 05:33:09 UTC.
ORGANO CORPORATION is a Japan-based company mainly engaged in the water treatment engineering business and functional products business. The Company operates through two business segments. The Water Treatment Engineering segment is mainly engaged in the manufacture, sale, maintenance and management of filtration equipment, pure water system equipment and other water treatment related equipment. The Functional Product segment is mainly engaged in the manufacture and sale of standard water treatment equipment, water treatment chemicals and food additives. The Company is also engaged in the chemical plant construction business.
ORGANO CORPORATION 
