Japan Aviation Electronics Industry : Announcement on Difference between the Non-consolidated Financial Results for the Year Ended March 31, 2022 and Results for the Previous Fiscal Year
April 27, 2022 at 02:15 am EDT
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Disclaimer: This document is an English translation of the original document in Japanese and has been prepared solely for reference purposes. In the event of any discrepancy between this English translation and the original in Japanese, the original shall prevail in all respects.
April 27, 2022
To whom it may concern:
Company Name: Representative:Japan Aviation Electronics Industry, Limited
Tsutomu Onohara, President
(Securities number: 6807 Tokyo Stock Exchange Prime Market)
Contact:
Kazuhiko Aoki
Associate Senior Vice President
General Manager Accounting and Financial Division
(Phone:+81-3-3780-2752)
Parent Company:
NEC Corporation
Representative:
Takayuki Morita, President and CEO
(Securities number: 6701 Tokyo Stock Exchange Prime Market)
Announcement on Difference between the Non-consolidated Financial Results for the Year Ended March 31, 2022 and Results for the Previous Fiscal Year
Japan Aviation Electronics Industry, Limited hereby announces the following difference between the non-consolidated financial results for the year ended March 31, 2022 and the results for the previous fiscal year.
1. Difference between the non-consolidated financial results for the fiscal year ended March 31, 2022 (April 1, 2021- March 31, 2022) and the results for the previous fiscal year
Net sales
Operating profit
Ordinary profit
Net profit
Basic earnings per share
Results for the previous fiscal year (A) (year ended March 31, 2021)
Million yen
181,564
Million yen
3,608
Million yen
3,192
Million yen
2,625
Yen
28.86
Results for the current fiscal year (B) (year ended March 31, 2022)
189,839
10,866
12,047
9,635
105.92
Change (B-A)
8,275
7,258
8,855
7,010
－
Change (%)
4.6
201.1
277.4
267.0
－
2. Reason for the difference
The non-consolidated financial results for the fiscal year ended March 31, 2022 exceeded the results for the previous fiscal year, as shown in the table above. This is due to a continued trend of demand expansion in the electronics market against the background of economic recovery and advancing digitalization, stable demand in the automotive market, and demand expansion in the industrial market as a result of the recovery of capital investment in Japan and overseas, compared to the previous fiscal year when the business performance was sluggish due to the impact of the spread of COVID-19.
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JAE - Japan Aviation Electronics Industry Ltd. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 06:14:04 UTC.
Japan Aviation Electronics Industry, Limited is a Japan-based company mainly engaged in the manufacture and sale of connectors, interface solution equipment and others, as well as the purchase and sale of the other related equipment and parts. The Company operates through three business segments. The Connector segment is involved in the manufacture and sale of various connectors for use in mobile devices, automobiles, industrial machinery and infrastructure, among others. The Interface Solutions segment is involved in the manufacture and sale of automotive products, industrial machinery and infrastructure products. The Aircraft segment is involved in the production of flight control equipment, inertial navigation equipment, defense and space electronic equipment, drive equipment and sensor packages, as well as the manufacture and sale of aircraft and infrastructure and automotive products. The Company is also involved in the sale of other goods and the service business.
Japan Aviation Electronics Industry : Announcement on Difference between the Non-consolidated Financial Results for the Year Ended March 31, 2022 and Results for the Previous Fiscal Year
JAPAN AVIATION ELECTRONICS INDUSTRY, LIMITED 
