V Technology : Summary of Financial Results for the second quarter 2023
Summary of Consolidated Financial Statements
for the second quarter of fiscal year end March 31, 2023
〔under Japanese GAAP〕
November 10, 2022
Registered Company Name: V-Technology Co., Ltd.
Code Number: 7717, Tokyo Stock Exchange
Representative: Shigeto Sugimoto (President & CEO)
Contact: Shogo Yoshimura (Leader of IR Group, Office of the President) TEL: 045-338-1980
Planned Date for Submission of the Securities Report: Augst 12, 2022
Planned Date for Start of Dividend Payment: -
Supplementary materials for the financial statements: Yes
Briefing session on financial results: None
(Amounts less than one million yen have been omitted.)
1. Business Performance(April 1, 2022 through September 30, 2022)
|
(1) Consolidated Results of Operations |
6 months ended |
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September 30 ,2021 |
September 30 ,2022 |
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|
YoY(%) |
YoY(%) |
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|
Net sales (Millions of Yen) |
27,127 |
△ 3.9 |
19,289 |
△ 28.9 |
|
|
Operating profit (Millions of Yen) |
2,542 |
△ 13.6 |
585 |
△ 77.0 |
|
|
Ordinary profit (Millions of Yen) |
2,462 |
△ 14.4 |
1,530 |
△ 37.9 |
|
|
Net profit attributable to owners of the parent (Millions of Yen) |
2,077 |
28.2 |
1,330 |
△ 29.8 |
|
|
*Notes: Comprehensive Income |
1,893 |
1.0 |
1,764 |
△ 15.0 |
|
|
Net profit per share (Yen) |
195.86 |
‐ |
137.58 |
‐ |
|
|
Diluted net profit per share (Yen) |
- |
‐ |
- |
‐ |
|
|
(2) Consolidated Financial Position |
As of |
As of |
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|
March 31 ,2022 |
September 30 ,2022 |
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|
Total assets (Millions of Yen) |
72,601 |
77,501 |
|||
|
Net assets (Millions of Yen) |
34,540 |
35,774 |
|||
|
Equity ratio |
47.1 |
％ |
45.6 |
％ |
|
|
Net assets per share |
3,534.40 |
Yen |
3,658.74 |
Yen |
|
|
*Reference: Shareholdersʼ equity (Millions of Yen) |
34,175 |
35,377 |
2. Dividends
|
Year ended |
March 31 2023 Forecast |
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|
March 31 2022 |
March 31 2023 |
Previous(5/13) |
New(11/10) |
|
|
1Q-end dividends per share (Yen) |
- |
- |
- |
- |
|
2Q-end dividends per share (Yen) |
60.00 |
60.00 |
60.00 |
60.00 |
|
3Q-end dividends per share (Yen) |
- |
- |
- |
- |
|
Year-end dividends per share (Yen) |
60.00 |
- |
60.00 |
30.00 |
|
Anual dividends per share (Yen) |
120.00 |
- |
120.00 |
90.00 |
|
(Note) Revisions to the most recently announced dividend forecast: Yes |
- 1 -
3. Forecast for the Fiscal Year ending March 31, 2022 (April 1, 2022 through March 31, 2023)
|
Previous(5/13) |
New(11/10) |
||
|
Net sales (Millions of Yen) |
45,000 |
44,000 |
|
|
Operating profit (Millions of Yen) |
4,500 |
700 |
|
|
Ordinary profit (Millions of Yen) |
4,400 |
△ 3,800 |
|
|
Net profit attributable to owners of the parent (Millions of Yen) |
2,900 |
△ 2,900 |
|
|
Net profit per share (Yen) |
299.92 |
△ 1,200 |
|
|
(Note) Revisions to the most recently announced dividend forecast: Yes |
- Changes in significant subsidiaries during the 6 months ended(April 1, 2022 through September 30, 2022) (Changes in certain subsidiaries resulting in change in the scope of consolidation): None
- Changes in accounting policies, Changes in accounting estimates, or Restatement
-
- Changes in accounting policies due to changes in accounting standards: Yes
- Changes other than "a." above: None
- Changes in accounting estimates: None
- Restatements: None
- Number of Shares Outstanding (Common stock)
|
Number of shares |
Number of shares |
|
1. |
Number of shares outstanding at end of year (Including treasury stock) |
As of September |
10,057,600 |
As of March 31, |
10,057,600 |
|
30, 2022 |
2022: |
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|
2. |
Number of treasury shares at end of year |
As of September |
388,231 |
As of March 31, |
388,195 |
|
30, 2022 |
2022: |
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|
3. |
Average number of shares outstanding (Cumulative quarterly period) |
As of September |
9,669,383 |
As of September |
9,669,465 |
|
30, 2022 |
30, 2022 |
*Brief Report of Financial Results is not subject to an audit by a certified public accountant or an audit corporation.
* Explanation of the appropriate use of earnings forecasts and other special notes
The forward-looking statements in this document, including earnings forecasts, are based on information currently available to the Company and certain assumptions that the Company believes to be reasonable.Actual results may differ materially from these statements due to a variety of factors.
Based on recent performance trends, the Company has revised its consolidated earnings forecast for the fiscal year ending March 31, 2023, which was announced in the "Summary of Consolidated Financial Statements for the second quarter of fiscal year end March 31, 2023" released on May 13, 2022. For details, please refer to the "Notice on Revision of Earnings and Dividends Forecast" released today.
- 2 -
Disclaimer
V Technology Co. Ltd. published this content on 10 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2022 06:16:14 UTC.
Publicnow 2022
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Technical analysis trends V TECHNOLOGY CO., LTD.
| Short Term | Mid-Term | Long Term | |
| Trends | Bullish | Bearish | Bearish |
Income Statement Evolution
|
Sell  Buy |
|
| Mean consensus | OUTPERFORM |
| Number of Analysts | 3 |
| Last Close Price | 2 822,00 JPY |
| Average target price | 4 316,67 JPY |
| Spread / Average Target | 53,0% |
Gloss