Dexerials KK

4980

Equity

ISIN JP3548770001 / Valor 28682660

Tokyo Stock Exchange (2024-12-25)

JPY 2,436.00-0.10%

Dexerials KK
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About company

Dexerials KK is a company that specializes in the development, manufacturing, and distribution of electronic components and functional materials. Their product portfolio includes bonding materials, optics materials, and other essential components used in smartphones, notebook PCs, and various electronic devices. Additionally, Dexerials provides components for the automotive industry, which is increasingly integrating electronic parts. The company's focus is on creating innovative solutions that enhance the functionality and performance of modern electronic devices and automotive systems.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

Dexerials KK reported a significant increase in revenue for Q1 FY2024, with a 30% year-over-year (YoY) growth. This growth was driven by strong sales across various segments, particularly in high value-added products.

Profit Increase

In Q1 FY2024, Dexerials KK saw an 80% YoY increase in business profit. This substantial rise in profitability was attributed to improved product mix and the expansion of high value-added products, despite external market fluctuations.

Impact of Exchange Rates

Dexerials KK maintained an exchange rate of JPY140 to the US dollar for Q2 and beyond, incorporating the risk of currency fluctuations. The company has hedged about two-thirds of the expected net exposure for six months in advance, securing forward contracts at around JPY150 to the US dollar.

Segment Performance

The Optical materials and components segment of Dexerials KK saw a 40% increase in net sales and an 80% rise in business profit YoY for Q1 FY2024. This growth was driven by a recovery from previous inventory adjustments and strong sales in automotive applications.

Full-Year Outlook

Dexerials KK has maintained its full-year earnings forecast for FY2024, as the market environment has not significantly changed since the beginning of the fiscal year. The company continues to advance its plans while responding flexibly to potential risks and exchange rate fluctuations.

Summarized from source with an LLMView Source

Key figures

74.7%1Y

77.4%3Y

583%5Y

Performance

51.2%1Y

47.2%3Y

44.7%5Y

Volatility