1Q FY2023 (Apr 2023 - Jun 2023) Consolidated Financial Presentation
Aug 10, 2023
1
1Q FY2023
Consolidated Financial Highlights
2
Highlights
Net sales increased due to steady growth in sales (Procurement, Electronic Equipment, and Environmental Energy) despite the strength and weakness of each segment
Operating income decreased due to special factors and the difference in exchange rate trends compared to the previous year
➢
Net sales
Consolidated net sales for the first quarter of the fiscal year under review increased. This was due mainly to an expansion of
new transactions in the Procurement Business and the firm Electronic Equipment Business, owing to the improved demand-
supply conditions for semiconductors, despite a decrease in sales of the EMS Business due to the sluggishness in the
smartphone and tablet business (up 6.2% year-on-year)
➢
Operating profit
Operating profit decreased due to the difference in exchange rate trends, inventory write-downs for specific customer,
allowance for doubtful accounts, and the absence of special demand year on year in the devices business, and a sales decrease
in the EMS business (down 32.3% year-on-year)
➢
Ordinary profit
Decrease due partly to higher interest expenses resulting from rising interest rates (down 52.3% year-on-year)
➢ Net profit attributable to shareholders of the parent company
Decrease due partly to decrease in ordinary income (down 69.3% year-on-year)
3
FY23 Consolidated results
Million yen
Net Sales
Gross Profit
SG＆A
Operating Profit
Ordinary Profit
Profit Attributable to Owners of Parent
1Q FY22
1Q FY23
YoY
Amount
% of Net Sales
Amount
% of Net Sales
Growth
Change (%)
112,552
ー
119,563
ー
7,011
6.2％
10,173
9.0%
9,889
8.3％
(284)
(2.8％)
6,100
5.4%
7,133
6.0％
1,032
16.9％
4,072
3.6%
2,755
2.3％
(1,317)
(32.3％)
3,678
3.3%
1,752
1.5％
(1,925)
(52.3％)
2,230
2.0%
683
0.6％
(1,546)
(69.3％)
4
Semiconductor and Electronic Components Business
（Million yen）
90,000
85,000
5,734
80,000
75,000
79,328
70,000
3,889
65,000
1Q FY22
2,935
78,820
+31.2% 1,748
1Q FY23
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
【Points】
Devices
Sales declined slightly due to a decrease in sales for servers and office equipment, although sales for industrial equipment and in-vehicle devices grew
EMS
Despite the expansion of the business for in-vehicle displays, sales declined due to the sluggishness in the mainstay smartphone/tablet business
Segment profit
Segment profit decreased due to the difference in exchange rate trends, in addition to inventory write-downs and allowance for doubtful accounts, and the absence of special demand year on year in the devices business, and a sales decrease in the EMS business
5
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Restar Holdings Corporation published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 07:22:32 UTC.
Restar Corp, formerly known as Restar Holdings Corp, is a Japan-based company engaged in the semiconductor and electronic components business. The Company operates through four business segments. The Semiconductor and Electronic Components segment engages in device business that sells domestic and foreign semiconductors and electronic components, and provides system proposals and other services, as well as the provision of electronics manufacturing service (EMS) for electronic components and modules. The Procurement segment provides operations and proposals for supply chain management. The Electronic Equipment segment engages in electronic equipment business, including video/audio/communication/measurement solutions, design and construction and maintenance engineering, and system equipment business, including the development and manufacture of cashless terminals, among others. The Environmental Energy segment engages in energy business, new power business, and plant factory business.
RESTAR CORPORATION 
