Canon Electronics Inc.
Semi-Annual Report 2022(Unaudited)
Consolidated Financial Highlights
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2021(from January 1, 2021
to June 30, 2021)

Six months of FY2022(from January 1, 2022
to June 30, 2022)

Net sales
Component

20,854

26,150Electronic Information Appliance

13,204

14,440

Other

5,336

4,871

Total

39,39545,462

Profit attributable to owners of parent

2,538

2,855

Six months of FY2021(from January 1, 2021
to June 30, 2021)

Six months of FY2022(from January 1, 2022
to June 30, 2022)

Basic earnings per share

62.14 yen

69.87 yen

Diluted earnings per share――

Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2021

As of June 30, 2022

Total assets

126,268

130,183

Net assets

102,898

106,158―1―

Consolidated Quarterly Balance Sheets
Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2021

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Notes and accounts receivable - trade, and contract assets
Investments in leases
Merchandise and finished goods
Work in process
Raw materials and supplies
Short-term loans receivable
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, netTools, furniture and fixtures, net
Land
Leased assets, net
Construction in progress
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets―2―As of June 30, 2022

23,62623,722
333
3,579
7,559
289
20,0002,588
81,69920,93225,925259
3,989
10,321257
20,0002,316
84,003

12,7982,620
3,936
18,4895
1,210
39,061
1,556

12,8782,472
4,061
18,600639
2,216
40,868
1,635

2,036
1,291
622
(0)
3,950
44,569126,268

2,005
1,017
653
(0)
3,676
46,180130,183

Consolidated Quarterly Balance Sheets
Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2021

Liabilities
Current liabilities
Accounts payable - trade
Electronically recorded obligations - operating
Lease obligations
Accrued expenses
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and other officers)
Provision for loss on order received
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease obligations
Provision for retirement benefits for directors (and other officers)
Retirement benefit liability
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earningsTreasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets―3―

As of June 30, 2022

11,424
771
192
1,261
2,008
427
63
14
2,620
18,784

13,752
841
189
1,236
1,316
432
27
10
1,765
19,572

3,200
139
200
1,019
25
0
4,585
23,370

3,200
741
200
260
49
1
4,453
24,0254,969
9,435
88,497(2,503)
100,399

4,969
9,556
90,328(2,482)
102,371319
730(1,231)(181)
2,680
102,898
126,268297
2,210(1,138)1,368
2,417
106,158
130,183

Consolidated Quarterly Statements of Income
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2021(from January 1, 2021
to June 30, 2021)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest and dividend income
Subsidy income
Foreign exchange gains
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Share issuance costs
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on sale and retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent―4―

Six months of FY2022(from January 1, 2022
to June 30, 2022)

39,39530,774
8,621
5,667
2,953

45,46236,815
8,646
6,050
2,596

47
96
271
10
426

63
23
1,050
25
1,163

1
16
1
19
3,360

17
1
3
21
3,737

2
20
0

2
2
3,360
1,122
56
1,178
2,181(356)
2,538

7
7
3,730
1,158
258
1,417
2,313(541)2,855Consolidated Quarterly Statements of Comprehensive Income
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2021(from January 1, 2021
to June 30, 2021)
ProfitSix months of FY2022(from January 1, 2022
to June 30, 2022)

2,181

2,313

Valuation difference on available-for-sale securities

(89)

(22)

Foreign currency translation adjustment

459

1,479

Remeasurements of defined benefit plans, net of tax

94

93

Total other comprehensive income

464

1,550

2,646

3,863

Comprehensive income attributable to owners of parent

3,003

4,405

Comprehensive income attributable to non-controlling interests

(356)

(541)

Other comprehensive income

Comprehensive income
Comprehensive income attributable to―5―

Consolidated Quarterly Statements of Cash Flows
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2021(from January 1, 2021
to June 30, 2021)
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for bonuses for directors (and other officers)
Increase (decrease) in provision for loss on order received
Increase (decrease) in retirement benefit liability
Interest and dividend income
Interest expenses
Loss (gain) on sale and retirement of property, plant and equipment
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from collection of loans receivable
Loan advances
Payments into time deposits
Proceeds from withdrawal of time deposits
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from long-term borrowings
Dividends paid
Proceeds from share issuance to non-controlling shareholders
Repayments of lease obligations
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period―6―

Six months of FY2022(from January 1, 2022
to June 30, 2022)

3,360
1,395
(17)
(8)
(11)
(272)
(47)
1(0)
1,311(2,831)
1,906
(350)
4,435
57
(1)
(584)
3,907

3,730
1,670
(10)
(36)
(3)
(798)
(63)
17
7(1,784)(2,902)
2,127
812
2,763
64(32)(1,830)965(3,107)3(110)(0)
2,000(1,320)200(37)(2,372)(3,757)4(153)(1)
3,000(3,000)(60)(3,967)1,100(1,022)
1,400
19
1,496
259
3,291
23,533
26,824(1,021)400(46)20(647)956(2,693)
22,206
19,512