Company: DSWL
Filing Date: 2025-06-18
Form Type: 6-K
Source: 0001171843-25-003948
Chunk: 15

Company: DESWELL INDUSTRIES INC
Filing Date: 2025-06-18
Form: 6-K
Chunk 15
---
 the year ended
March 31, 2025 was $799,000, as compared with other income of $573,000 for the prior fiscal year. The increase in other income was mainly
due to increases of $231,000 from product testing services income, of $158,000 for reversal of doubtful debts, offsetting decreases of
$67,000 in exchange gain and $130,00 from other income during the year ended March 31, 2025, when compared to the same period in the prior
fiscal year.

Operating Income - Operating income was $3,314,000 for the year ended March
31, 2025, as compared to operating income of $3,785,000 in the prior fiscal year.

Corporate expenses of $1,348,000 and $1,262,000 were incurred during the
fiscal year of 2025 and 2024, respectively.

On a segment basis, the operating loss in the plastic segment was $1,310,000
in the year ended March 31, 2025, as compared to operating loss of $871,000 in fiscal 2024. The increase in operating loss in the
plastic segment was mainly due to lower gross margin and higher SG&A expenses, as described above.

The electronic segment reported operating income of $5,972,000 in the year
ended March 31, 2025, compared to operating income of $5,918,000 in fiscal 2024. The slight increase in operating income was
mainly due to the increases in gross margin and other income, as described above.

Non-Operating Income (Expense) – Non-operating income for the year
ended March 31, 2025 was $7,986,000, as compared to a non-operating income of $4,034,000 in last fiscal year. The increase
in non-operating income was primarily due to increases of $2,211,000 in fair value of marketable securities held for sale, $396,000 in
dividend income, $382,000 in interest income and $1,470,000 in realized gain on the sale of marketable securities, offsetting a decrease
of $397,000 from other income during the fiscal year ended March 31, 2025, as compared to fiscal 2024.

Income Taxes – Current tax expense and deferred tax benefit for the
year ended March 31, 2025 were $182,000