Investor Relations

Financial Results

FY 2020

Consolidated Financial Results Summary

net sales

operating income & operating income margin

Profit attributable to owners of parent & Earnings per share
※Mar. 2020 Exchange rates: 1U.S. dollar/ \108.74 1Euro/ \120.82                                 

Equity ratio

Dividend Information
※Dividends up to the fiscal 2019 interim period are for the former Alps Electric (non-consolidated)                                               

Consolidated Balance Sheet Summary(Unit:Billions of yen)

Consolidated Balance Sheet Summary


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(1) Current assets

 Current assets were \384.2 billion, a \15.1 billion increase from the end of the previous fiscal year due in part to an increase in notes and accounts receivable.

 

(2) Non-current assets

 Non-current assets were \262.4 billion, a \6.1 billion increase from the end of the previous fiscal year due in part to increases in investment securities and machinery, equipment and vehicles, and a decrease in construction in progress.

 

(3) Total liabilities

 Current liabilities were \205.3 billion, a \7.2 billion increase from the end of the previous fiscal year due to factors including an increase in notes and accounts payable and a decrease in accrued expenses.
 Non-current liabilities were \89.8 billion, a \17.9 billion increase due to factors including an increase in long-term debt.



Consolidated Statement of Income and comprehensive Income Summary(Unit:Billions of yen)

Consolidated Statement of Income and comprehensive Income Summary


Consolidated Statements of Cash Flow Summary(Unit: Billions of yen)

Consolidated Cash Flow Summary


Capital expenditure, Depreciation and amortization, R&D expenses(Unit:Billions of yen)

Capital expenditure

Capital expenditure

Depreciation and amoritization

Depreciation and amoritization

R&D expenses

R&D expenses

※Consolidate elimination not include in breakdown

Consolidated Net Sales(by Destination)

Consolidated Net Sales(by Destination)


Overview by Business Segment

Electronic Components Segment

Electronic Components Segment

 In the electronics industry, new businesses utilizing artificial intelligence and robotics gained a foothold in EHII domains, but global new car sales decreased in the automotive sector and the mobile sector also experienced a drop in sales volume. The impact of the COVID-19 pandemic business on all markets has been severe, leading to contraction of the segment overall.

Electronic Components Segment

Automotive Market

 Progress was made on product development to support customer requirements relating to next-generation vehicle platforms. Alps Alpine was also recognized by overseas automakers acknowledging, for example, our creation of outstanding added value.

Consumer Market

 Among other developments, Alps Alpine entered into a strategic partnership with Sensirion Holding AG (Switzerland) aiming for expansion of environmental sensor business and put forward a proposal for a touchless control panel with hygiene benefits.

Automotive Infotainment Segment

Automotive Infotainment Segment

 Alps Alpine made efforts to speed up development of products for the Digital Cabin lineup – a result of synergies with the electronic components segment – and engaged in development of digital keys based on blockchain technology for car sharing, as well as development supporting use of 5G platforms for autonomous driving. The company also teamed up with McIntosh Group Inc., an internationally renowned player within the audio domain, to deliver outstanding audio systems to the automotive industry.

Automotive Infotainment Segment

Logistics Segment

Logistics Segment

  Alps Logistics Co., Ltd. (TSE 2nd Section) started operation of a large warehouse in Japan with automated facilities as part of efforts to improve productivity. Overseas, establishment and enhancement of bases and networks continued. In August, a subsidiary specializing in customs clearance was established in China to help strengthen foundations for growth in forwarding business by speeding up customs-related operations.

Logistics Segment