YASKAWA Electric Corporation FY2023 Q2 Earnings Report | IR Tracker

YASKAWA Electric Corporation FY2023 Q2 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥263.53B
Operating Income: ¥31.26B
Net Income: ¥23.89B
EPS: ¥90.69

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥263.53B	¥239.91B	+9.8%
Cost of Sales	¥174.07B	¥156.03B	+11.6%
Gross Profit	¥89.45B	¥83.88B	+6.7%
SG&A Expenses	¥63.30B	¥56.63B	+11.8%
Operating Income	¥31.26B	¥26.87B	+16.4%
Equity Method Investment Income	¥1.66B	¥869M	+90.4%
Profit Before Tax	¥33.47B	¥27.84B	+20.2%
Income Tax Expense	¥9.58B	¥6.51B	+47.1%
Net Income	¥23.89B	¥21.32B	+12.0%
Net Income Attributable to Owners	¥23.71B	¥21.16B	+12.0%
Total Comprehensive Income	¥43.21B	¥27.28B	+58.4%
Basic EPS	¥90.69	¥80.96	+12.0%
Diluted EPS	¥90.61	¥80.93	+12.0%
Dividend Per Share	¥26.00	¥26.00	+0.0%

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥425.74B	¥362.36B	+¥63.38B
Accounts Receivable	¥168.85B	¥149.65B	+¥19.21B
Inventories	¥167.81B	¥131.77B	+¥36.04B
Non-current Assets	¥213.45B	¥196.68B	+¥16.77B
Property, Plant & Equipment	¥97.39B	¥93.60B	+¥3.79B

Cash Flow Statement

Item	Current	Prior	Change
Cash and Cash Equivalents	¥61.59B	¥55.15B	+¥6.44B

Profitability Ratios

Item	Value
Net Profit Margin	9.0%
Gross Profit Margin	33.9%
Debt-to-Equity Ratio	0.91x
Effective Tax Rate	28.6%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+9.8%
Operating Income YoY Change	+16.4%
Profit Before Tax YoY Change	+20.2%
Net Income YoY Change	+12.0%
Net Income Attributable to Owners YoY Change	+12.0%
Total Comprehensive Income YoY Change	+58.4%

Item	Value
Shares Outstanding (incl. Treasury)	266.69M shares
Treasury Stock	5.25M shares
Average Shares Outstanding	261.43M shares
Book Value Per Share	¥1,278.79

Dividend Information

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

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥550.00B
Operating Income Forecast	¥70.00B
Net Income Attributable to Owners Forecast	¥51.50B
Dividend Per Share Forecast	¥32.00