“Financial Report” MLCC Sun Yiden H1 Operating Profit Increased

The Japanese electronics manufacturer that produces MLCC, announced the combined financial report for the first half of the fiscal year (September-September), including the MLCC, on Monday (11th). Last year, it increased by 9.5% to 87.8 billion yen.

Monday (11th) At the close of the Tokyo stock market, Sun’s stocks rose 1.00% from the previous trading day, closing at 2939 yen per share.

FY 2019 H1, based on key data from the Japanese accounting benchmarks:

Revenue reported 141.9 billion yen, an increase of 6.2%.

Operating profit was reported at 20.2 billion yen, an increase of 38.1%.

Regular interest reported 19.1 billion yen, an increase of 24.6%.

The net profit attributable to shareholders of the company was 15.3 billion yen, an increase of 39.6%.

Due to the exchange loss of more than 900 million yen, the regular interest was reduced to 19.1 billion yen. The average exchange rate for the 2019 fiscal year was US$109.26, which was $109.30 more than the average exchange rate of US$1 in the same period last year, slightly higher than 0.04 yen.

Performance of each department:
In terms of capacitors including MLCC, H1’s revenue in information and communication equipment, automotive, information infrastructure, and industrial equipment increased in FY 2019 compared to the same period last year. Revenue increased 9.5% year-on-year to 8.78 billion yen.

Ferrites and applications have reduced revenues in information and communications equipment, information infrastructure, and industrial equipment compared to last year. Revenue fell 8.4% year-on-year to 19.3 billion yen.
For mobile communication devices (FBAR/SAW) of composite devices, revenues decreased by 1.6% year-on-year to 25.9 billion yen.

The subsidiary’s “Elna” aluminum electrolytic capacitors and other products, revenue increased by 49.1% to 8.7 billion yen.

Annual financial test: (March 2020)
Revenue is estimated to increase by 5.7% year-on-year to 290 billion yen.

Operating profit is estimated to increase by 7.8% year-on-year to 38 billion yen.

Regular interest is projected to increase by 7.7% year-on-year to 37 billion yen.

Net profit attributable to shareholders of the company increased by 5.5% year-on-year to 25 billion yen.
Net profit per share is estimated at 195.83 yen.

All financial content is maintained in the previous data and has not been adjusted.

 

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MLCC Sun Yiden H1 Operating - /10

Summary

The Japanese electronics manufacturer that produces MLCC, announced the combined financial report for the first half of the fiscal year

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