Daitron annual revenue was ¥59.66 b in FY 2018

Daitron Revenue growth (FY, 2017 - FY, 2018), %15%

Daitron Gross profit (FY, 2018)12.8 B

Daitron Gross profit margin (FY, 2018), %21.5%

Daitron Net income (FY, 2018)2.3 B

Daitron EBIT (FY, 2018)3.5 B

Daitron Cash, 31-Dec-20189 B

Daitron revenue was ¥59.66 b in FY, 2018 which is a 15.4% year over year increase from the previous period.

Daitron revenue breakdown by business segment: 25.4% from Manufacturing Equipment and 74.6% from Electronic Equipment and Components

Daitron revenue breakdown by geographic segment: 17.3% from Asia, 78.8% from Japan and 4.0% from Other

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 44.9b | 51.7b | 59.7b |

| 15% | 15% | |

## Cost of goods sold | 34.9b | 40.2b | 46.8b |

## Gross profit | 10.1b | 11.5b | 12.8b |

| 22% | 22% | 21% |

## General and administrative expense | 8.1b | 9.0b | 9.3b |

## Operating expense total | 8.1b | 9.0b | 9.3b |

## EBIT | 1.9b | 2.5b | 3.5b |

| 4% | 5% | 6% |

## Interest expense | 21.9m | 19.4m | 14.0m |

## Interest income | 2.7m | 2.5m | 2.3m |

## Pre tax profit | 1.9b | 2.7b | 3.5b |

## Income tax expense | 646.7m | 793.7m | 1.2b |

## Net Income | 1.2b | 1.9b | 2.3b |

JPY | H1, 2016 | H1, 2017 | H1, 2018 |
---|---|---|---|

## Revenue | 21.9b | 25.4b | 28.5b |

## Cost of goods sold | 16.8b | 19.7b | 22.3b |

## Gross profit | 5.1b | 5.7b | 6.2b |

| 23% | 22% | 22% |

## General and administrative expense | 4.0b | 4.3b | 4.5b |

## Operating expense total | 4.0b | 4.3b | 4.5b |

## EBIT | 1.1b | 1.3b | 1.7b |

| 5% | 5% | 6% |

## Interest expense | 11.8m | 11.2m | 6.4m |

## Interest income | 1.4m | 1.1m | 1.2m |

## Pre tax profit | 1.1b | 1.4b | 1.7b |

## Income tax expense | 429.9m | 413.0m | 548.5m |

## Net Income | 576.6m | 970.4m | 1.2b |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 6.8b | 5.1b | 9.0b |

## Accounts Receivable | 10.7b | 11.9b | 12.6b |

## Inventories | 3.0b | 5.4b | 5.0b |

## Current Assets | 26.0b | 29.0b | 36.6b |

## PP&E | 4.1b | 4.1b | 4.6b |

## Total Assets | 32.1b | 35.4b | 43.1b |

## Accounts Payable | 5.9b | 6.5b | 7.1b |

## Short-term debt | 1.1b | 569.3m | 511.2m |

## Current Liabilities | 14.9b | 16.7b | 23.1b |

## Long-term debt | 487.0m | 333.7m | 186.3m |

## Non-Current Liabilities | 3.2b | 3.2b | 3.0b |

## Total Debt | 1.6b | 903.0m | 697.5m |

## Total Liabilities | 18.2b | 19.9b | 26.1b |

## Common Stock | 2.2b | 2.2b | 2.2b |

## Additional Paid-in Capital | 2.5b | 2.6b | |

## Retained Earnings | 9.2b | 10.6b | 12.3b |

## Total Equity | 13.8b | 15.2b | 17.0b |

## Debt to Equity Ratio | 0.1 x | 0.1 x | 0 x |

## Debt to Assets Ratio | 0.1 x | 0 x | 0 x |

## Financial Leverage | 2.3 x | 2.3 x | 2.5 x |

JPY | H1, 2016 | H1, 2017 | H1, 2018 |
---|---|---|---|

## Cash | 6.8b | 6.4b | 6.6b |

## Accounts Receivable | 10.2b | 10.7b | 11.0b |

## Inventories | 3.2b | 4.2b | 4.3b |

## Current Assets | 24.5b | 26.5b | 29.4b |

## PP&E | 3.7b | 4.2b | 4.3b |

## Total Assets | 29.9b | 32.8b | 35.9b |

## Accounts Payable | 6.2b | 7.0b | 6.2b |

## Short-term debt | 306.7m | 945.6m | 599.4m |

## Current Liabilities | 12.9b | 15.0b | 16.4b |

## Long-term debt | 1.3b | 481.7m | 241.7m |

## Non-Current Liabilities | 3.7b | 3.3b | 3.2b |

## Total Debt | 1.6b | 1.4b | 841.1m |

## Total Liabilities | 16.7b | 18.2b | 19.6b |

## Common Stock | 2.2b | 2.2b | 2.2b |

## Additional Paid-in Capital | 2.5b | 2.5b | 2.6b |

## Retained Earnings | 8.5b | 9.8b | 11.4b |

## Total Equity | 13.2b | 14.4b | 16.1b |

## Financial Leverage | 2.3 x | 2.3 x | 2.2 x |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Depreciation and Amortization | 231.6m | 279.0m | 272.5m |

## Accounts Receivable | (1.4b) | (2.2b) | (2.6b) |

## Inventories | 278.3m | (2.3b) | 334.5m |

## Accounts Payable | 477.1m | 2.3b | 4.0b |

## Cash From Operating Activities | 1.5b | (53.7m) | 5.5b |

## Purchases of PP&E | (1.1b) | (298.0m) | (822.2m) |

## Cash From Investing Activities | (1.2b) | (292.6m) | (786.1m) |

## Long-term Borrowings | (175.0m) | (978.9m) | (240.0m) |

## Dividends Paid | (276.6m) | (498.4m) | (554.9m) |

## Cash From Financing Activities | 201.9m | (1.3b) | (758.7m) |

## Net Change in Cash | 476.6m | (1.6b) | 3.8b |

## Interest Paid | 21.1m | 22.5m | 16.5m |

## Income Taxes Paid | 839.5m |

JPY | H1, 2016 | H1, 2017 | H1, 2018 |
---|---|---|---|

## Depreciation and Amortization | 104.1m | 135.3m | 130.0m |

## Accounts Receivable | 90.5m | (382.8m) | (517.9m) |

## Inventories | 98.1m | (1.2b) | (1.0b) |

## Accounts Payable | 101.0m | 1.1b | (582.2m) |

## Cash From Operating Activities | 978.0m | 345.8m | 2.2b |

## Purchases of PP&E | (624.8m) | (111.8m) | (326.9m) |

## Cash From Investing Activities | (636.5m) | (114.6m) | (347.8m) |

## Long-term Borrowings | (71.7m) | (103.3m) | (70.0m) |

## Dividends Paid | (276.2m) | (333.1m) | (332.3m) |

## Cash From Financing Activities | 328.4m | (533.1m) | (360.4m) |

## Net Change in Cash | 544.5m | (330.3m) | 1.4b |

## Interest Paid | 13.5m | 11.8m | (9.0m) |

JPY | Y, 2018 |
---|---|

## Revenue/Employee | 75.0m |

## Financial Leverage | 2.5 x |