Restar : Financial Results Briefing

Financial results briefing

for the FY23 ending March 31st, 2024

Nov 16th, 2023

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Agenda

1. Financial results overview FY23 : Managing Executive Officer, Susumu Nishima
2. Topics : About CEATEC Exhibition : Restar Electronics Growth Strategy Division, Atsushi Nara
3. Q&A

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2Q FY23

Consolidated Financial Highlights

3

FY23 Consolidated results

Million yen

Net Sales

Gross Profit

SG＆A

Operating Profit

Ordinary Profit

Profit Attributable to Owners of Parent

2Q FY22		2Q FY23			YoY
Amount	% of Net Sales	Amount	% of Net Sales		Growth	Change (%)
239,795	ー		245,264	ー		5,469	2.3％
20,822	8.7%	22,019	9.0％		1,196	5.7％
12,376	5.2%		14,920	6.1％		2,543	20.6％
8,445	3.5%		7,098	2.9％		(1,347)	(16.0％)
8,474	3.5%		3,955	1.6％		(4,518)	(53.3％)
4,613	1.9%		3,367	1.4％		(1,246)	(27.0％)

4

Status of each segment①

Semiconductor and

Electronic Components Business

（Million yen）

185,000			10,000
10,122			9,000
165,000		7,548
		8,000
			7,000
145,000
			6,000
125,000			5,000
167,077	7,808	157,730	4,000
105,000
			3,000
85,000		4,320	2,000
	+31.2%
		1,000
65,000			0
2Q FY22	2Q FY23

Procurement Business

35,000
30,000
25,000					61,341
20,000	45,380
		1,532				1,642
15,000
10,000
5,000
0
	2Q FY22	2Q FY23

5

Status of each segment②

Electronic Equipment Business

（Million yen）

10000
				1,641
	1,652
5000					8,519
	8,055
0						△ 105
			△ 166
	2Q FY22	2Q FY23
-5000

Environmental Energy Business

9,000

			629		4,500
651
	4,538		5,527
4,000
				2,348
	2,317		2,326
-1,000		△ 498
				-500
	2Q FY22	2Q FY23

6

Consolidated Balance Sheet

Assets: Increase in cash and deposits, accounts receivable, inventories, etc.

Liabilities: Decrease in notes and accounts payable, etc.

Million yen

Assets

Current Assets

Non-current Assets

Total Assets

Liabilities and Net Assets

Current Liabilities

Non-current Liabilities

Net Assets

Total Liabilities and Net Assets

Capital Adequacy Ratio

As of March 31st, 2023	As of September 30th, 2023

210,816		228,791
58,611		57,490
269,427		286,282
162,439		176,459
21,892		21,246
85,095		88,575
269,427		286,282
30.0％
	28.7％

7

Cash Flow

	(unit: million yen)
Cash and Cash Equivalents at Beginning of Period	31,984
■Cash Flows from Operating Activities	(977)
＞Main factors：Increase in accounts receivable, decrease in inventories and accounts
payable
■Cash Flows from Investing Activities	2,142
＞Main factors：Proceeds from sales of property, plant and equipment and payments
for acquisition of property, plant and equipment
■Cash Flows from Financing Activities	4,313
＞Main factors：Increase short-term borrowings, dividend paid repayments long-term
borrowings
■Effect of Exchange Rate Change on Cash and Cash Equivalents	1,220
Cash and Cash Equivalents at End of Period	38,982

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Forecasts and progress for the full year ending March 31, 2024

Million yen		FY23 Full year forecast
Net Sales	500,000
Operating Profit	10,000
Ordinary Profit	7,000
Profit Attributable to	7,000
Owners of Parent

2Q FY23		Progress rate
245,264		49.0％
7,098		70.9％
3,955		56.5％
3,367	48.1％

There is no change to the full-year earnings forecast announced on May 12, 2023

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Shareholder Return Policy

Focus on financial stability based on consolidated earnings forecasts

• Improve returns to shareholders by paying dividends and considering share buybacks, etc.
• Proactive strategic investment and continuous review of appropriate capital allocation
• Aim to increase corporate value through further profit growth and improvement of capital efficiency

		Dividends per share (¥)
	2nd quarter-end	Year-end	Total
Forecast for the year	55.00	60.00	115.00
ending March 31, 2024
There is no change to the full-year earnings forecast announced on May 12, 2023

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