Financial Highlights

Operating Results and Financial Position (annual)

For the fiscal year ended March 31, 2022, revenue increased 88,388 million yen (19.6%) year on year to 539,612 million yen, operating profit amounted to 49,934 million yen (compared to operating loss of 56,241 million yen for the previous fiscal year), profit before tax amounted to 57,096 million yen (compared to loss before tax of 45,342 million yen for the previous fiscal year), and profit attributable to owners of parent amounted to 42,679 million yen (compared to loss attributable to owners of parent of 34,497 million yen for the previous fiscal year).

Imaging Products Business

The Group sought to expand sales of mid- to high-end products to professionals and hobbyists by enhancing the lineup of interchangeable lenses for mirrorless cameras, alongside strong sales of the Z 9 full-frame mirrorless camera, a flagship model released in December 2021.
As a result, in the Imaging Products Business segment, the Group recorded revenue of 178,234 million yen (up 18.7% year on year), and operating profit of 19,069 million yen (compared to operating loss of 36,391 million yen for the previous fiscal year), due to higher average unit selling prices from an improved product mix as well as favorable foreign exchange rates.

Precision Equipment Business

The FPD lithography systems field recorded year-on-year increases in both revenue and profit due to a largely smooth progress of installations despite some adverse effects of travel restrictions on the business amid the spread of COVID-19 and significantly increased unit sales of the systems for mid-to-small size panels.
The semiconductor lithography system field recorded increases in both revenue and profit from the previous fiscal year during which it recorded loss on disposal and write-down of inventories. This was because of increases in unit sales of refurbished systems and in profit from the service business. Meanwhile, unit sales of new systems decreased due to shipment delays caused by logistics disruptions and travel restrictions amid the spread of COVID-19.
As a result, in the Precision Equipment Business segment, the Group recorded revenue of 211,216 million yen (up 14.3% year on year) and operating profit of 27,719 million yen (compared to operating loss of 643 million yen for the previous fiscal year).

Healthcare Business

While a tight supply and demand balance for semiconductors and other electronic components continued to impact production, the life science solutions and eye care solutions fields posted record sales, a significant increase in revenue compared to the previous fiscal year that was severely affected by COVID-19.
As a result, in the Healthcare Business segment, the Group recorded revenue of 73,243 million yen (up 16.5% year on year) and achieved profitability with operating profit of 4,385 million yen (compared to operating loss of 3,091 million yen for the previous fiscal year).

Components Business

The Digital Solutions Business recorded increases in both revenue and profit as sales of optical parts & components and encoders remained brisk. Likewise, the Customized Products Business, which also belongs to this business segment, recorded increases in both revenue and profit, backed by strong sales growth of EUV-related components.
As a result, in the Components Business segment, the Group recorded revenue of 40,869 million yen (up 58.5% year on year) and operating profit of 12,721 million yen (compared to operating profit of 187 million yen for the previous fiscal year).

Industrial Metrology and Others

In the Industrial Metrology Business, the Group recorded increases in both revenue and profit due to favorable sales of video measuring systems, industrial microscopes, and X-ray and CT inspection systems on the back of booming markets related to semiconductors, electronic components, EVs, and others.
As a result, in the Industrial Metrology and Others segment, the Group recorded revenue of 36,050 million yen (up 30.6% year on year) and operating profit of 2,964 million yen (compared to operating loss of 1,205 million yen for the previous fiscal year).