YASKAWA Electric Corporation FY2023 Q1 Earnings Report | IR Tracker

YASKAWA Electric Corporation FY2023 Q1 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥120.31B
Operating Income: ¥13.95B
Net Income: ¥10.50B
EPS: ¥39.64

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥120.31B	¥119.00B	+1.1%
Cost of Sales	¥79.77B	¥78.85B	+1.2%
Gross Profit	¥40.54B	¥40.15B	+1.0%
SG&A Expenses	¥30.31B	¥27.42B	+10.5%
Operating Income	¥13.95B	¥12.94B	+7.8%
Equity Method Investment Income	¥969M	¥426M	+127.5%
Profit Before Tax	¥15.16B	¥13.53B	+12.0%
Income Tax Expense	¥4.66B	¥3.34B	+39.6%
Net Income	¥10.50B	¥10.20B	+3.0%
Net Income Attributable to Owners	¥10.36B	¥10.08B	+2.8%
Total Comprehensive Income	¥20.33B	¥17.75B	+14.5%
Basic EPS	¥39.64	¥38.56	+2.8%
Diluted EPS	¥39.61	¥38.54	+2.8%
Dividend Per Share	¥26.00	¥26.00	+0.0%

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥400.56B	¥362.36B	+¥38.20B
Accounts Receivable	¥146.73B	¥149.65B	¥-2.92B
Inventories	¥149.94B	¥131.77B	+¥18.17B
Non-current Assets	¥208.32B	¥196.68B	+¥11.65B
Property, Plant & Equipment	¥95.69B	¥93.60B	+¥2.09B

Cash Flow Statement

Item	Current	Prior	Change
Cash and Cash Equivalents	¥77.90B	¥55.15B	+¥22.75B

Profitability Ratios

Item	Value
Net Profit Margin	8.6%
Gross Profit Margin	33.7%
Debt-to-Equity Ratio	0.95x
Effective Tax Rate	30.7%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+1.1%
Operating Income YoY Change	+7.8%
Profit Before Tax YoY Change	+12.0%
Net Income YoY Change	+3.0%
Net Income Attributable to Owners YoY Change	+2.8%
Total Comprehensive Income YoY Change	+14.5%

Item	Value
Shares Outstanding (incl. Treasury)	266.69M shares
Treasury Stock	5.28M shares
Average Shares Outstanding	261.41M shares
Book Value Per Share	¥1,192.08

Dividend Information

Item	Amount
Q2 Dividend	¥26.00
Year-End Dividend	¥26.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥525.00B
Operating Income Forecast	¥72.00B
Net Income Attributable to Owners Forecast	¥52.50B
Dividend Per Share Forecast	¥32.00