Ulvac, Inc. · TSE:6728

Ulvac — Q3 FY2017 Earnings Presentation

14 slides from Ulvac's earnings presentation, May 11, 2018

  1. Slide 1: Business Results FY2017 (First to Third Quarter)

    (Securities code: 6728) Business Results FY2017 (First to Third Quarter) (July 2017–March 2018) May 11, 2018 ULVAC, Inc. FY173QPSN20180511E Copyright ©2018,ULVAC,Inc.All rights reserved Page 1

  2. Slide 2: Disclaimer regarding forward-looking statements

    Disclaimer regarding forward-looking statements Forward-looking statements of the company in this presentation are based on information that was available at the time these documents were prepared. ULVAC’s customers in the flat-panel display (FPD), semiconductor, and electronic parts industries face

  3. Slide 3: Overview of First to Third Quarter FY2017 Business Results (Cumulative)

    Overview of First to Third Quarter FY2017 Business Results (Cumulative) FY173QPSN20180511E Copyright ©2018,ULVAC,Inc.All rights reserved Page 3

  4. Slide 4: Results (Cumulative) Highlights

    Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative) Highlights Business Environment - Capital expenditures on FPD, semiconductor and electronic parts production equipment continued to be robust. No major changes from last time Orders Received: ¥195.2 billion (+14% year-on-year) -

  5. Slide 5: Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative)

    Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative) • Orders received, net sales, and all profit categories were up year-on-year. • Net sales rose by 10%, owing to increases in semiconductor and electronic parts production equipment as well as FPD production equipment. • The upsur

  6. Slide 6: Orders received and net sales by segment

    Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative) (Orders received and net sales by segment) • FPD and PV production equipment: net sales increased year-on-year, due to the continuing high level of investment in LCDs for large-screen TVs and OLEDs for smart phones, particularly

  7. Slide 7: Orders received and net sales by segment: Quarterly

    Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative) (Orders received and net sales by segment: Quarterly) • 3Q order volume declined briefly, but is expected to recover in 4Q. Net sales continued to perform at a high level. Orders received (Unit: ¥1 billion) Net sales (Unit: ¥1 bi

  8. Slide 8: Profit margins

    Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative) (Profit margins) • Both gross profit and operating profit margins were at high levels. Gross profit margin Operating profit margin (Unit: %) (Unit: %) 35 20 31.0 17.1 15.2 29.6 29.7 14.5 14.6 28.7 27.9 26.9 27.3 12.8 12.9 26.3 26

  9. Slide 9: Consolidated balance sheet

    Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative) (Consolidated balance sheet) • Thanks to an increase in orders received and net sales, notes and accounts receivable rose by ¥15.6 billion and inventory assets rose by ¥7.2 billion from the end of the previous fiscal year. Notes

  10. Slide 10: Equity, cash flow, etc.

    Overview of 1Q to 3Q FY2017 Consolidated Business Results (Cumulative) (Equity, cash flow, etc.) • The equity ratio improved to 45.8% and the net D/E ratio to ∆0.17. • Operating cash flow reached ¥16.8 billion, free cash flow was ¥19.7 billion, and total investment was ¥6.7 billion, while investment

  11. Slide 11: Revision of Dividend Forecast

    Revision of Dividend Forecast FY173QPSN20180511E Copyright ©2018,ULVAC,Inc.All rights reserved Page 11

  12. Slide 12: Revision of FY2017 Dividend Forecast

    Revision of FY2017 Dividend Forecast Dividends are paid taking into consideration financial conditions, consolidated fiscal results, and dividend payout ratio. → The consolidated earnings forecast was revised upward on February 13, 2018, and results since then have remained steady, so we are revisin

  13. Slide 13: Approaches to Raising Corporate Value

    Approaches to Raising Corporate Value ULVAC was recognized by METI as a 2018 Certified Health and Productivity Management Organization (White 500) Based on the thinking that ULVAC's corporate value depends on the health, fitness, and ability of every employee to reach his or her maximum potential, w

  14. Slide 14: ULVAC, leading the world in vacuum technology

    ULVAC, leading the world in vacuum technology FY173QPSN20180511E Copyright ©2018,ULVAC,Inc.All rights reserved Page 14

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