TATSUTA Electric Wire and Cable : Financial Summary for the Three Months Ended June 30, 2023
July 26, 2023 at 03:12 am EDT
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This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
July 26, 2023
Tatsuta Electric Wire
and Cable Co.,Ltd.
Financial Summary
for the Three Months Ended June 30, 2023
This document is outside the scope of audit.
Business Segment Information (vs. FY2022)
(Milions of yen)
FY2022
FY2023
Amount of
change
Actual (① )
Actual (②)
(②-① )
1Q
1st half
2nd half
Full year
1Q
1Q
Electric Wire and Cable Business
9,926
21,013
22,961
43,975
11,059
○1,133
Electronic Materials Business
4,228
8,263
6,801
15,064
3,835
× 394
Other Businesses
582
1,144
1,318
2,463
557
× 25
Adjustment (Note)
▲ 6
▲ 13
▲ 13
▲ 27
▲ 7
× 1
Net Sales
14,732
30,409
31,067
61,476
15,445
○713
Electric Wire and Cable Business
▲ 166
20
748
768
342
○509
Electronic Materials Business
642
1,190
273
1,464
403
× 240
Other Businesses
45
46
114
161
▲ 34
× 80
Adjustment (Note)
▲ 194
▲ 365
▲ 327
▲ 692
▲ 170
○24
Operating Income
327
892
809
1,701
540
○212
(Operating Profit Margin)
(2.2%)
(2.9%)
(2.6%)
(2.8%)
(3.5%)
Ordinary Income
437
1,074
789
1,864
598
○161
(Ordinary Profit Margin)
(3.0%)
(3.5%)
(2.5%)
(3.0%)
(3.9%)
Net Income
323
872
95
967
453
○130
(Note)
The adjustment is inter-segment eliminations and corporate expenses,which consist of general and administrative expenses and research expenses not attributable to reportable segments.
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TATSUTA Electric Wire and Cable Co. Ltd. published this content on 26 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2023 07:11:49 UTC.
TATSUTA ELECTRIC WIRE AND CABLE CO., LTD. is mainly engaged in the manufacture and sale of electric wires, cables and related products. The Company operates its business through two business segments. The Electric Wire and Cable segment includes the telecommunication wire business, which manufactures and sells wires for infrastructure and general industrial machinery, and the equipment wire business, which manufactures and sells wires for factory automation and precision industrial machinery. The Electronic Materials segment includes the functional materials business, which manufactures and sells functional materials for electronic devices, such as electromagnetic wave shielding films and conductive pastes, and the fine wire business, which manufactures and sells ultra-fine wires for wiring electronic components. Other businesses include the equipment system products business, optical components business, and environmental analysis business.