Thk Co., Ltd. · TSE:6481

Thk — H1 2021 Earnings Presentation

27 slides from Thk's earnings presentation, Aug 6, 2021

  1. Slide 1: Interim Financial Results Briefing

    INTERIM FINANCIAL RESULTS BRIEFING August 6th 2021 THK CO., LTD. President & CEO AKIHIRO TERAMACHI This presentation material contains forward looking statements that reflect the Company’s business plans, performance projections, and management strategy. Such statements are based on information curr

  2. Slide 2: Contents

    Contents Ⅰ. Financial Results for 1st Half of Fiscal 2021 Ⅱ. Major Measures Ⅲ. Financial Forecast for Fiscal 2021 Copyright THK CO., LTD. 2021. All rights reserved.

  3. Slide 3: Ⅰ. Financial Results for 1st Half of Fiscal 2021

    Ⅰ. Financial Results for 1st Half of Fiscal 2021 Copyright THK CO., LTD. 2021. All rights reserved.

  4. Slide 4: Financial Highlights

    Financial Highlights ※地域別売上高は Consolidated sales revenue: up 46.6％ y/y, ¥ 151.0 billion 海外売上高ベース Amid the continuing impact of the COVID-19 pandemic, following the recovery in demand since the second half of last year in China where the economy reopened before other countries, the demand in develope

  5. Slide 5: Trend in Revenue

    147,573 Trend in Revenue millions of yen 151,040 *The growth rates are just for reference 13,106 11,672 Asia and other Asia and other ●Taiwan Up 83.5％ 127,026 ●Singapore Up 104.0％ 16,134 ●India Up 276.5％ 10,348 115,947 31,787 China China 103,051 8,483 14,862 ●Machine tools Up 144.0 ％ 29,366 ●General

  6. Slide 6: Operating Income Change Factors (Industrial Machinery)

    (Ref.) Operating Income – Change Factors – (Industrial Machinery: January-June) 0.7 0.9 16.3 13.2 Billions of (4.5) yen 3.5 (3.0) Billions of yen (0.7) 77 億円 Operating Income Increase in Change in Effect Foreign Reclassification of Operating Income This is because other income and 1H 2021 1H 2020 Fi

  7. Slide 7: Operating Income Change Factors (Automotive & Transportation)

    (Ref.) Operating Income – Change Factors – (Automotive & Transportation: January-June) (2.2) Billions of (4.9) 0.9 yen Billions of yen 3.9 0.3 0 △161 億円 (0.4) (2.0) Operating Income Change in This is because Effect Decrease in Foreign Reclassification of Operating Income 1H 2020 Variable last year c

  8. Slide 8: Assets, Liabilities and Equity

    Assets, Liabilities and Equity Total Assets 502,733 millions of yen Up ¥42,560 million from previous period Cash and Cash in Account |Y/Y : Current liabilities| Y/Y : Up ¥8,463 million Up ¥23,101 million Cash Flows from Operating Activities : ¥ 13,981 million ■Trade and other payables | Y/Y : Cash F

  9. Slide 9: Ⅱ. Major Measures

    Ⅱ. Major Measures Copyright THK CO., LTD. 2021. All rights reserved.

  10. Slide 10: Growth Strategy

    Growth Strategy Expansion of Business Areas Copyright THK CO., LTD. 2021. All rights reserved. 9

  11. Slide 11: Expansion of the market

    Expansion of the market THK's growth potential dramatically expands Megatrends Keywords of the Changes THK’s solution Requirements Products related to Advances in digital semiconductors technology AI・IoT Energy and FA savings High-quality Products parts Changes in the global related to environment s

  12. Slide 12: Key Initiatives in Business Lines

    Key Initiatives in Business Lines Expansion of Top Line Strategic sales for a wide range of customers Expansion of L&S business Active and efficient sales and marketing activities Continuous development of new products The launch of new Development of new business areas products for automobile Enhan

  13. Slide 13: Realizing Digital Transformation (DX) Through Omni THK

    Realizing Digital Transformation (DX) Through Omni THK Establishing overall image of Omni THK through promotion of THK DX project Before: In-person operations are the norm (meetings, phone calls, e-mail, etc.) Check Check Inquiry Visit Consult Selection Quotation Order Delivery Inventory Requirement

  14. Slide 14: OMNI edge IoT Service for the Manufacturing Industry

    “OMNI edge” IoT Service for the Manufacturing Industry Lineup expansion and solution services roll outs Global SIM-compatible service Linking to “FIELD system” from the FANUC Corporation For global communications, the optimal service provider is selected for each country. Past expansion: - Mar. 2021

  15. Slide 15: OMNI edge IoT Service: China Launch

    “OMNI edge” IoT Service for the Manufacturing Industry Services in China officially launched in July 2021 ～Utilizing the Infrastructure of Major Chinese Corporations to Provide Predictive Failure Detection～ 【Features】 ・Utilizes infrastructure from major Chinese corporations ・Reliable network of auth

  16. Slide 16: OMNI edge: Two Added Benefits to Predictive Analytics

    “OMNI edge” IoT Service for the Manufacturing Industry Two reassuring benefits added to predictive analytics IoT risk No wait compensation Predictive analytics manufacturing ticket When an alert is triggered for a part exceeding the threshold where OMNI edge is mounted and its replacement is require

  17. Slide 17: Development of New Business Areas

    Development of New Business Areas Helping the service industry promote labor-saving whose demands have been increasing due to a labor shortage, soaring labor costs, and the advance of the IoT Shop Distribution Restaurant Seismic Isolation Renewable Home Automation Energy Medical Equipment Train / Ai

  18. Slide 18: Enhancement of the Global Manufacturing Structure

    Enhancement of the Global Manufacturing Structure (Industrial Machinery Business） THK CHANGZHOU（CHINA） THK LIAONING（CHINA） New plant extension New plant extension To be completed in Mar. 2022 To be completed in Dec. 2022 ■Target products： ■Target products： Electric Actuator LM Guide Unit, etc Electr

  19. Slide 19: Automotive and Transportation Business Initiative

    Automotive and Transportation Business Initiative Backed by the trend of “CASE” accelerating the development of linear motion products for automobiles Unit for integrated Unit for active suspension Mechanical level brake system system control unit Electric power Next-generation steering parts suspen

  20. Slide 20: Shift to a Manufacturing and Innovative Services Company

    Shift from Manufacturing Company to a Manufacturing and Innovative Services Company Omni THK OMNIedge Global SIM-compatible service Linking to “FIELD system” from the FANUC Corporation For global communications, the optimal service provider is selected for each country. Manufacturing and innovative

  21. Slide 21: Ⅲ. Financial Forecast for Fiscal 2021

    Ⅲ. Financial Forecast for Fiscal 2021 Copyright THK CO., LTD. 2021. All rights reserved.

  22. Slide 22: Orders Received by Region (Industrial Machinery Business)

    Orders Received by Region ＜Industrial Machinery Business＞ * exclude export THK CO., LTD. (Japan) % Change, Billions of YEN 40 111.8 32.7 50.4 8.5 6.5 2.8 30 (63.3) (56.0) (43.2) (17.9) 20 32.2 25.3 10 14.6 16.8 15.2 14.6 19.4 15.5 14.3 14.2 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 2019 2020 202

  23. Slide 23: Financial Forecast (Consolidated)

    Financial Forecast (Consolidated) （Millions of Yen） 2021/12 2020/12 FY Forecast 1H Results Results Revenue 320,000 151,040 218,998 Y/Y +46.1％ +46.6％ -20.2％ Operating Income 35,000 11,067 -8,499 Y/Y - - - Income before income taxes 35,400 10,809 -9,725 Y/Y - - - Profit Attributable to Owners of the P

  24. Slide 24: Financial Forecast (Unconsolidated)

    Financial Forecast (Unconsolidated) （Millions of Yen） 2021/12 2020/12 FY Forecast 1H Results Results (Japanese GAAP) (Japanese GAAP) (Japanese GAAP) Net Sales 168,700 76,722 102,866 Y/Y +64.0％ +48.1％ -24.5％ Domestic 100,000 45,597 69,817 Y/Y +43.2％ +29.5％ -24.8％ Operating Income 18,300 5,049 365 Y/Y

  25. Slide 25: Trends in COGS and SG&A

    Trends in COGS and SG&A COGS COGS ratio 79.7% 78.2% 77.8% 76.2% 73.0% Sales-cost ratio decreased by 1.6 points Y/Y ・Due to increase revenue 107,750 99,380 115,121 Millions 80,137 92,430 of Yen 1H 2H 1H 2H 1H 2019/12 2020/12 2021/12 SG&A 22.5% 17.5% 18.6% 18.7% 16.9% SG&A ratio decreased by 5.6 point

  26. Slide 26: Trends in Orders, Sales and Backlog (Domestic – Unconsolidated)

    【Support Statement】 － Trends in Orders, Sales and Backlog(Domestic – Unconsolidated) – （millions of yen） 80,000 Orders Sales 70,000 Backlog 60,000 50,000 40,000 30,000 20,000 10,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6

  27. Slide 27: Trends in Orders Classified by Industry (Unconsolidated)

    【Support Statement】 （100万円） –Trends in Orders Classified by Industry (Unconsolidated)– 12,000 Machine Tool General Machinery 10,000 Electronics 8,000 6,000 4,000 2,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3

THK — H1 2021 Earnings Presentation on 6ix