Nitto Denko Half-Year Report 2023
Results for H1 FY2023
- Revenue 449.3 B. yen
- Operating Income 64.5 B. yen
YoY
- Revenue -35.6 B. yen (-7.3%)
- Operating Income -27.8 B. yen (-30.1%)
- Revenue and operating profit of Optronics and Human Life decreased.
- For Industrial Tape, revenue decreased, but operating profit increased.
- Impact of yen weakness on operating profit was 9.3 B. yen.
H1 FY2023 YoY Operating Income Change Analysis (Billion yen)
- 92.3 H1 FY 2022 (Apr-Sep)
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-1.0 Sales price, purchase price, rationalization
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-31.0 Sales Volume Variance
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9.3 Impact of foreing change 1H FY2022:131.3 ¥/$1H FY2023:139.4¥/$
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-1.5 Fixed Cost
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4.0 Special Factors
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3.0 Impairment Losses
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0.5 Others
- 92.3 H1 FY2022 (Apr-Sep)
Special Factors:
- 1H FY2022:An impairment loss from the divestment of a portion of the automotive materials business +3.0
- 1H FY2023:Insurance income for loss on a fire at South Korean subsidiary,loss on disposition of inventory, and valuation loss on liquidating a company etc. +1.0
