Forecasts

Forecasts (FY2022)

(million of yen)

2021/12
Actual

2022/12
Forecasts

Increase/ Decrease

Increase/ Decrease

Net Sales

57,539

62,400

-%

Operating Income

7,408

8,500

-%

Ordinary Income

7,531

8,500

-%

Net Income

5,173

5,840

-%


With regard to domestic and international economic trends in 2022, a gradual recovery is expected, despite uncertainties such as the worsening of the infection situation due to the omicron variant of the COVID-19 coronavirus, high resource prices, tight logistics supply and demand, and the continuing impact of semiconductor shortages.

Looking at the markets in which the Group participates, the entire interchangeable lens camera market is projected to remain at the same level as the previous fiscal year in volume terms, as the decline in SLR cameras will continue, while mirrorless cameras will continue to be strong. In monetary terms, however, it is projected that there will be an increase due to the strong sales of high value-added products. The interchangeable lens market is also projected to have a similar trend. In the surveillance camera market, traditional security demand is projected to remain strong, and growth is also expected in remote monitoring and marketing applications. Continuous growth is expected also in the industrial markets, such as FA/machine vision, where demand for manufacturing sophistication and automation is increasing, and vehicle-mounted cameras in anticipation of autonomous driving.

Since we will adopt the Accounting Standard for Revenue Recognition and other regulations from the beginning of the fiscal year ending December 31, 2022, our forecast is based on these accounting standards. For this reason, change from the values for the fiscal year ended December 31, 2021, prior to the application of this standard, are not shown.

*The results forecast is prepared based on information available at the time of relevant announcements and actual results may differ due to a range of factors.