Nikon(NINOY) - 2023 Q1 - Earnings Call Presentation

Financial Performance - Q1 FY2023 - Revenue reached ¥145.6 billion[4], up ¥13.4 billion year-over-year[8], a 10.1% increase[19] - Operating profit was ¥15.3 billion[5], down ¥4.6 billion year-over-year[9] - Profit attributable to owners of the parent was ¥11.8 billion[7], down ¥4.0 billion year-over-year[10] - Excluding one-time profits from land sale and US pension fund, profits were flat year-over-year[11, 12] Segment Performance - Q1 FY2023 - Imaging Products Business revenue increased by ¥11.2 billion and operating profit by ¥4.4 billion due to weaker yen and better product mix[15] - Precision Equipment Business revenue decreased by ¥10.4 billion and operating profit by ¥9.4 billion due to lower sales volumes of FPD lithography systems[15] - Components Business revenue increased by ¥5.2 billion and operating profit by ¥3.3 billion due to increased sales of parts and components[15] Financial Forecast - Full Year FY2023 - Revenue forecast revised upward to ¥625.0 billion, a ¥5.0 billion increase from the previous forecast[59], and a ¥85.4 billion increase year-over-year[66] - Operating profit forecast revised upward to ¥55.0 billion, a ¥5.0 billion increase from the previous forecast[60], and a ¥5.1 billion increase year-over-year[66] - Profit attributable to owners of the parent forecast revised upward to ¥42.0 billion, a ¥4.0 billion increase from the previous forecast[62], but a ¥0.6 billion decrease year-over-year[66] Segment Forecast - Full Year FY2023 - Imaging Products Business revenue forecast revised upward to ¥215.0 billion, a ¥5.0 billion increase from the previous forecast[67], and a ¥36.8 billion increase year-over-year[67] - Imaging Products Business operating profit forecast revised upward to ¥27.0 billion, a ¥5.0 billion increase from the previous forecast[67], and a ¥8.0 billion increase year-over-year[67] - Precision Equipment Business revenue forecast remains unchanged at ¥240.0 billion, a ¥28.8 billion increase year-over-year[67] - Precision Equipment Business operating profit forecast remains unchanged at ¥35.0 billion, a ¥4.4 billion decrease year-over-year[67]