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IR Information

Financial Highlights

Fiscal Year ending March.2022

Number of Engineers as of April 1, 2021【preliminary figures】

MEITEC + MF 11,440
MEITEC 7,704
MF 3,736
*MF MEITEC FIELDERS (Our consolidated subsidiary)
** Include 765 new employees joined on April 1, 2021. (Meitec:462、MF:303)

Formula for Utilization Ratio

Companywide Engineer's Utilization Ratio = Total hours in utilization / (Total hours in utilization + Total hours of sales division not in utilization + Total hours of support division not in utilization)
Engineer's Utilization Ratio, Excluding New Engineers = Total hours in utilization / (Total hours in utilization + Total hours of sales division not in utilization)

Utilization Ratio

  2020 First
Quarter
2020 Second
Quarter
First
Half
Apr. May. Jun. Jul. Aug. Sep.
MEITEC + MF Engineer's Utilization Ratio, Total % 89.4  88.3  89.3  89.0  87.7  87.4  88.1  87.8  88.4 
Engineer's Utilization Ratio Excluding New Engineers*1 % 96.5  95.9  96.0  96.1  93.8  93.6  93.9  93.8  95.0 
Engineering  Staff*2 - 10,621  10,638  10,628  10,607  10,624  10,617 
MEITEC Engineer's Utilization Ratio, Total % 90.4  89.5  90.4  90.1  88.8  88.5  89.1  88.8  89.5 
Engineer's Utilization Ratio Excluding New Engineers*1 % 96.5  95.9  96.0  96.2  93.6  93.2  93.5  93.4  94.8 
Engineering  Staff*2 - 7,526  7,522  7,512  7,481  7,476  7,454 
Of which assigned to internal engineering projects*2 - 34  35  34  34  35  43 
MF Engineer's Utilization Ratio, Total % 86.9  85.4  86.5  86.3  85.0  84.9  85.8  85.2  85.8 
Engineer's Utilization Ratio Excluding New Engineers*1 % 96.4  95.9  96.0  96.1  94.3  94.5  95.0  94.6  95.4 
Engineering  Staff - 3,095  3,116  3,116  3,126  3,148  3,163 
Of which assigned to internal engineering projects*2 -
  2020 Third
Quarter
2021 Fourth
Quarter
Second
Half
Full
Year
Oct. Nov. Dec. Jan. Feb. Mar.
MEITEC + MF Engineer's Utilization Ratio, Total % 86.0  87.6  89.1  87.5  89.1  90.8         
Engineer's Utilization Ratio Excluding New Engineers*1 % 92.1  93.1  93.7  92.9  93.1  94.1         
Engineering  Staff*2 - 10,672  10,696  10,675  10,702  10,693         
MEITEC Engineer's Utilization Ratio, Total % 87.8  89.5  91.2  89.4  91.7  93.3         
Engineer's Utilization Ratio Excluding New Engineers*1 % 91.9  92.7  93.3  92.6  92.8  93.9         
Engineering  Staff*2 - 7,414  7,403  7,379  7,328  7,307         
Of which assigned to internal engineering projects*2 - 45  44  44  43  42         
MF Engineer's Utilization Ratio, Total % 81.9  83.4  84.6  83.2  83.3  85.4         
Engineer's Utilization Ratio Excluding New Engineers*1 % 92.7  94.0  94.7  93.8  93.8  94.6         
Engineering  Staff - 3,258  3,293  3,296  3,374  3,386         
Of which assigned to internal engineering projects*2 -  -        
*NOTE
Note 1: Engineers who never been assigned to job are excluded.
Note 2: Number of engineer do not include engineers who are assigned to our internal engineering projects and lecturer for internal training.

Fiscal Year ended March.2020

  2019 First
Quarter
2019 Second
Quarter
First
Half
Apr. May. Jun. Jul. Aug. Sep.
MEITEC + MF Engineer's Utilization Ratio, Total % 91.3  92.5  95.1  92.9  95.7  96.8  97.6  96.6  94.8 
Engineer's Utilization Ratio Excluding New Engineers*1 % 97.8  98.0  98.2  98.0  97.7  98.1  98.5  98.1  98.0 
Engineering  Staff*2 - 10,119  10,107  10,083  10,052  10,052  10,036 
MEITEC Engineer's Utilization Ratio, Total % 92.1  92.8  95.1  93.4  95.7  97.0  97.9  96.8  95.1 
Engineer's Utilization Ratio Excluding New Engineers*1 % 97.9  98.0  98.1  98.0  97.6  97.9  98.5  98.0  98.0 
Engineering  Staff*2 - 7,309  7,290  7,268  7,242  7,232  7,214 
Of which assigned to internal engineering projects*2 - 36  36  39  40  40   40
MF Engineer's Utilization Ratio, Total % 89.1  91.5  95.0  91.9  95.5  96.3  96.9  96.2  94.0 
Engineer's Utilization Ratio Excluding New Engineers*1 % 97.4  98.0  98.4  98.0  98.0  98.6  98.7  98.4  98.2 
Engineering  Staff - 2,810  2,817  2,815  2,810  2,820  2,822 
  2019 Third
Quarter
2020 Fourth
Quarter
Second
Half
Full
Year
Oct. Nov. Dec. Jan. Feb. Mar.
MEITEC + MF Engineer's Utilization Ratio, Total % 96.5  97.2  97.7  97.1  97.0  97.7  98.0  97.6  97.3  96.1 
Engineer's Utilization Ratio Excluding New Engineers*1 % 97.7  98.3  98.5  98.1  97.9  98.5  98.7  98.4  98.3  98.1 
Engineering  Staff*2 - 10,057  10,056  10,045  10,041  10,012  10,010 
MEITEC Engineer's Utilization Ratio, Total % 96.9  97.6  97.9  97.5  97.3  98.0  98.3  97.9  97.7  96.4 
Engineer's Utilization Ratio Excluding New Engineers*1 % 97.6  98.3  98.5  98.1  97.9  98.5  98.7  98.4  98.3  98.1 
Engineering  Staff*2 - 7,225  7,221  7,201  7,191  7,164  7,150 
Of which assigned to internal engineering projects*2 - 40  39  39  38  39  38 
MF Engineer's Utilization Ratio, Total % 95.6  96.2  97.1  96.3  96.3  96.9  97.1  96.8  96.5  95.3 
Engineer's Utilization Ratio Excluding New Engineers*1 % 97.8  98.1  98.6  98.2  97.8  98.5  98.7  98.4  98.3  98.2 
Engineering  Staff - 2,832  2,835  2,844  2,850  2,848  2,860 
*NOTE
Note 1: Engineers who never been assigned to job are excluded.
Note 2: Number of engineer for Meitec do not include engineers who are assigned to our internal engineering projects and lecturer for internal training.