Organo : Report on the Financial Results for Fiscal Year Ended March 31, 2023 (1,670KB)
May 16, 2023
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ORGANO CORPORATION
Financial Results for Fiscal Year
Ended March 31, 2023
Securities Code: 6368
May 17, 2023
1
Contents
FY ended 03/2023 Results
FY ending 03/2024 Plan
Medium- to Long-term Management Plan "ORGANO 2030"
Company Overview
2
Contents
FY ended 03/2023 Results
FY ending 03/2024 Plan
Medium- to Long-term Management Plan "ORGANO 2030"
Company Overview
3
Overview of FY ended 03/2023 Results
Orders, net sales, and operating profit reached record highs for
the second consecutive year.
Water Treatment Engineering Business significantly benefited from expanded investment in the electronics industry in Japan and overseas.
Sales of water treatment chemicals, standard water treatment equipment, and food products were strong in the Performance Products business.
(Millions of yen)
Orders Received
Net Sales
Operating Profit
Performance Products
Water Treatment Engineering
173,491
135,698
21,068
125,000
132,426
125,000
15,212
112,069
2,246
11,700
19,581
20,000
20,824
20,000
10,850
19,346
1,800
1,763
152,422
116,116
12,966
105,000
92,723
111,601
105,000
9,087
9,900
03/2022
03/2023
03/2023
03/2022
03/2023
03/2023
03/2022
03/2023
03/2023
Actual
Actual
Plan
Actual
Actual
Plan
Actual
Actual
Plan
4
Results for Year Ended March 2023
March 2022
March 2023
Year-on-Year
(Millions of yen)
Actual
Actual
Initial Plan
(%)
Orders received
135,698
173,491
125,000
+27.9%
Net sales
112,069
132,426
125,000
+18.2%
Gross profit
28,512
34,976
30,700
+22.7%
(%)
25.4%
26.4%
24.6%
SG&A1
17,662
19,763
19,000
+11.9%
Operating profit
10,850
15,212
11,700
+40.2%
(%)
9.7%
11.5%
9.4%
Ordinary profit
11,545
16,020
11,700
+38.8%
Profit attributable to
9,210
11,730
8,200
+27.4%
owners of parent
ROE (%)
12.9%
14.5%
10.6%
-
1: SG&A = Selling, General, and Administrative expenses
Actual-to- Initial Plan
(%)
+38.8%
+5.9%
+13.9%
+4.0%
+30.0%
+36.9%
+43.1%
-
5
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ORGANO Corporation published this content on 17 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2023 06:07:12 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.