QUICK Corp.

Equity Bottom-Up

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The full-year plan has been revised. OP increased due to reduction of fixed costs, but net loss was posted due to business reforms
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OP increased in 1H, but the net loss was JPY840mn In the consolidated financial results for 1H of FY3/21, sales decreased by 14% YoY to JPY63.6bn due to the impact of COVID-19, but OP was JPY830mn (+18% YoY) due to a drastic reduction in fixed costs. On the other hand, net profit and loss was a loss of JPY840mn (a profit of JPY820mn in the same period of the…</li>
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Notes: This is translated from our Japanese report issued on 5 Aug 2020.
Fell to an operating loss in 1Q. Improved more than company expectations due to solid results for consumer LIB and reduction of fixed costs
Operating loss of JPY280mn in 1Q due to sluggish automobile market The consolidated results for 1Q FY3/21 were sales of JPY30.0bn (-18% YoY) and an operating loss of JPY280mn (in the same period of the previous year, OP of JPY310mn). Production and sales stagnated due to the economic…

Japan

Maxell Ltd develops a diverse portfolio of media devices. The Company's products include batteries, DVD's, memory storage, optical lenses, headphones and other accessories.

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