SGB Sports
Related Articles
Overview of Automotive Segment Results
Global Automobile Production (2019-2021)
* exercise basis (10,000 units)
10,000
2H
5,000
1 hour
0
Source: IHS Markit Worldwide Light Vehicle Forecasts (November 2021 drafts)
|
-4?? |
|||||||||||
|
+10?? |
|||||||||||
|
8 109 |
8,193 |
||||||||||
|
7,434 |
|||||||||||
|
7 118 |
|||||||||||
|
3 932 |
4.349 |
||||||||||
|
4,258 |
3,728 |
1 hour→2H
+ 10%
|
FY2019 |
FY2020 |
FY2021 |
FY2021 |
|
Real |
Real |
Original plan |
Revised plan |
Even if + 10% yoy was planned in the original plan for 2021, the revised plan is -4% year on year due to the semiconductor shortage and the expansion of COVID-19 in ASEAN countries.
Harness orders (2019-2021)
|
2020→2021 original plan |
2020→Revised plan 2021 |
|||||||||||||||
|
Automotive production: + 10% |
Automobile production: -4% |
|||||||||||||||
|
* Indexed with 2019 as 1 |
Harness orders: + 15% |
Harness orders: + 7% |
||||||||||||||
|
1.11 |
1.04 |
|||||||||||||||
|
1.00 |
0.97 |
|||||||||||||||
|
0.61 |
||||||||||||||||
|
0.50 |
0.59 |
|||||||||||||||
|
2H |
0.56 |
|||||||||||||||
|
1 hour→2 hours |
||||||||||||||||
|
0.50 |
0.51 |
0.45 |
+ 30% |
|||||||||||||
|
0.41 |
||||||||||||||||
|
1 hour |
||||||||||||||||
|
FY2019 |
FY2020 |
FY2021 |
FY2021 |
|
Real |
Real |
Original plan |
Revised plan |
2021 1H→2H + 30% expected due to the launch of a new order taking model
Automotive segment profit (2020-2021)
1,602.01750.0
|
100.0 |
48.2 |
50.0 |
||||
|
(2.9%) |
||||||
|
50.0 |
(3.0%) |
|||||
|
?? |
(24.7) |
51.0 |
||||
|
75.7 |
||||||
|
0.0 |
?? |
(1.0) |
||||
|
(27.5) |
+26.5 |
|||||
|
(50.0) |
FY2020 |
FY2021 |
||||
|
Real |
Revised plan |
|||||
(¥ md)
1,840.0
85.0
(4.6%)
65.0
20.0
FY2021
Previous plan
in August
1H: Significant year-on-year increase due to recovery from impact of COVID-19
2H: Decrease expected year-on-year due to soaring material prices and logistics costs, while an increase is expected on an annual basis
Automotive segment PO variation factors
from 1st semester FY2020 to 1st semester FY2021 (+26.5)
|
Sales volume |
Direct Indirect ??bn?? |
||||||||||
|
cost reduction |
|||||||||||
|
(27.5) |
To augment |
and others |
(1.0) |
||||||||
|
+54.5 |
+11.4 |
||||||||||
|
Copper price |
|||||||||||
|
and materials |
|||||||||||
|
(15.0) |
|||||||||||
|
Semiconductor |
|||||||||||
|
Unit price / |
|||||||||||
|
FY2020 |
shortages |
FY2021 |
|||||||||
|
The range of products |
|||||||||||
|
1H Real |
(14.5) |
(29.4) |
1H Real |
||||||||
Logistics
fresh (9.9)
+26.5
This is an excerpt from the original content. To continue reading it, access the original document here.
Disclaimer
Sumitomo Electric Industries Ltd. published this content on November 29, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 29, 2021 12:10:07 PM UTC.
Public now 2021
|
|
|
|
|
|
|
|
|
|
||||
|
||||
Technical Analysis Trends SUMITOMO ELECTRIC INDUSTRIES, LTD.
| Short term | Mid Road | Long term | |
| Tendencies | Bullish | Neutral | Neutral |
Evolution of the income statement
|
To sell  To buy |
|
| Average consensus | TO BUY |
| Number of analysts | 9 |
| Last closing price |
JPY 1,588.50 |
| Average price target |
JPY 1,863.33 |
| Spread / Average target | 17.3% |
