Nihon Dempa Kogyo Co., Ltd. · TSE:6779
Nihon Dempa Kogyo — H1 FY2021 Earnings Presentation
23 slides from Nihon Dempa Kogyo's earnings presentation, Nov 16, 2021
Slide 1: First-Half Results for Fiscal Year 2021 (Ending March 31, 2022)
First-Half Results for Fiscal Year 2021 (Ending March 31, 2022) Nihon Dempa Kogyo Co., Ltd. November 16, 2021 [Note] Statements made in this presentation with respect to our current plans, estimates, strategies, beliefs and other statements that are not historical facts are forward-looking statement
Slide 2: Contents
＜Contents＞ 1. First-Half Results for FY2021 (Ending March 31, 2022) 2. Full-Year Outlook for FY2021 (Ending March 31, 2022) 3. Management Policies Going Forward —Production Capacity Expansion Plan Presented by Hiromi Katoh, Representative Director and President 2
Slide 3: Consolidated Financial Results (First Half)
1. First-Half Results for FY2021 (Ending March 31, 2022) Consolidated Financial Results (First Half) ◼ Profitability (excluding temporary factors) attained with operating income of ¥2.0 billion in the first half of FY2021. ◼ Operating income ratio (excluding temporary factors) improved to 9.1%. FY20
Slide 4: Sales by Application (Year on Year)
1. First-Half Results for FY2021 (Ending March 31, 2022) Sales by Application (Year on Year) ◼ Sales recovered significantly, particularly for automotive electronics. Net Sales Factors of Increase/Decrease (Billion yen) 1H FY2020 1H FY2021 YoY Demand quickly recovered from 2Q last year. This year, t
Slide 5: Operating Income – Analysis of Changes from FY2020
1. First-Half Results for FY2021 (Ending March 31, 2022) Operating Income – Analysis of Changes from FY2020 ◼ Contributions from improving business conditions in the automobile market and growing sales of 76.8MHz crystal units with built-in thermistors for 5G smartphones resulted in a significant im
Slide 6: Consolidated Financial Results (Quarterly)
1. First-Half Results for FY2021 (Ending March 31, 2022) Consolidated Financial Results (Quarterly) ◼ Net sales have been recovering since the second quarter of FY2020, driven by automotive electronics. ◼ Profitability is improving due to streamlining of the corporate structure through structural re
Slide 7: Sales by Application – Sales by Key Application
1. First-Half Results for FY2021 (Ending March 31, 2022) Sales by Application – Sales by Key Application ◼ Sales are strong for automotive electronics, with order volume well above sales. ◼ Sales are growing for industrial equipment on advance demand for 5G base stations in the United States and oth
Slide 8: Consolidated Financial Position
1. First-Half Results for FY2021 (Ending March 31, 2022) Consolidated Financial Position ◼ The shareholders’ equity ratio at the end of September 2021 was 27.1%. (Mid-Term Management Plan target as End of March 2023: 20%) Class A Shares were issued in August (Billion yen) 2020, and JIS* invested ¥5
Slide 9: Contents: Full-Year Outlook for FY2021
＜Contents＞ 1. First-Half Results for FY2021 (Ending March 31, 2022) 2. Full-Year Outlook for FY2021 (Ending March 31, 2022) 3. Management Policies Going Forward —Production Capacity Expansion Plan 9
Slide 10: Consolidated Financial Forecast – Upward Revision to Initial Forecast
2. Full-Year Outlook for FY2021 (Ending March 31, 2022) Consolidated Financial Forecast – Upward Revision to Initial Forecast ◼ Raised the net sales and profit forecasts by roughly ¥2.0 billion each from the initial forecast ◼ The year-end dividend of ¥5 per share is expected. FY2021 FY2021 Change F
Slide 11: Consolidated Financial Forecast (Year on Year)
2. Full-Year Outlook for FY2021 (Ending March 31, 2022) Consolidated Financial Forecast (Year on Year) ◼ Forecast for full-year FY2021 operating income (excluding temporary factors) is ¥4.0 billion ◼ The operating income ratio (excluding temporary factors) is forecast to improve to 9.2%. FY2020 FY20
Slide 12: Sales Forecast by Application
2. Full-Year Outlook for FY2021 (Ending March 31, 2022) Sales Forecast by Application ◼ Strong demand for automotive electronics is expected to continue in the second half, but orders could decline as customers may roll back efforts to build up inventories. FY2020 FY2021 Forecast (Billion yen) Facto
Slide 13: Operating Income – Analysis of Changes in Profit from FY2020
2. Full-Year Outlook for FY2021 (Ending March 31, 2022) Operating Income ー Analysis of Changes in Profit from FY2020 ◼ Contributions from improving business conditions in the automobile market and growing sales of 76.8MHz crystal units with built-in thermistors for 5G smartphones are expected to imp
Slide 14: Contents: Production Capacity Expansion Plan
＜Contents＞ 1. First-Half Results for FY2021 (Ending March 31, 2022) 2. Full-Year Outlook for FY2021 (Ending March 31, 2022) 3. Management Policies Going Forward — Production Capacity Expansion Plan 14
Slide 15: Priority Focus Fields: Automotive and 5G
3. Management Policies Going Forward Priority Focus Fields: Automotive and 5G ◼ Our growth strategies center on the automotive and 5G domains. Automotive Electronics ５Ｇ ⚫ We began supplying automotive products ⚫ We started the development of to the market in the early 1970’s. photolithographic blank
Slide 16: Automotive – Production Capacity Expansion
3. Management Policies Going Forward Automotive – Production Capacity Expansion ◼ Forecasting strong demand for crystal devices for automobiles Crystal Products Potential Demand forecast for by Automotive Electronics Application automotive electronics 5000 (Million units) ✔ ADAS-related demand to dr
Slide 17: Mobile Communications (5G Smartphones) – Production Capacity Expansion
3. Management Policies Going Forward Mobile Communications (5G Smartphones) ー Production Capacity Expansion ◼ Forecasting rapid demand growth for 76.8MHz crystal units with built-in thermistors 5G Smartphone Market Forecast Demand forecast for 5G 1500 units) (Million smartphone applications 649 ✔ Gr
Slide 18: Industrial Equipment (5G Base Stations) – Sales of Compact OCXO
3. Management Policies Going Forward Industrial Equipment (5G Base Stations) ー Sales of Compact OCXO ◼ Promote sales of compact OCXOs for small base stations (RU)*, which will rapidly increase in the near future. RU (5G) demand forecast by region Base Station Market Growth Potential (Thousand statio
Slide 19: Initiatives for the Post-5G Era
3. Management Policies Going Forward Initiatives for the Post-5G Era ◼ Ultra-low latency, multiple simultaneous connectivity, and other functions will be enhanced at the Post- 5G era targeted for 6G which is expected to start from the year 2030. Anticipating wide-ranging applications for self-drivin
Slide 20: Numerical Targets for Mid-Term Management Plan (FY2022)
3. Management Policies Going Forward Numerical Targets for Mid-Term Management Plan (FY2022） ◼ Numerical targets of the mid-term management plan are expected to be achieved one year ahead of schedule. PL (Sales/Operating Income Ratio) Targets Operating Income Ratio (Excluding temporary factors) 9.2%
Slide 21: Conclusion
3. Management Policies Going Forward Conclusion ◼ Planning to formulate the second mid-term management plan centered on growth strategies one year earlier than scheduled Full-fledged ADAS/5G Groundwork prepared Mid-term from FY2018 management plan • Production transfer •Steadily build a Global • Str
Slide 22: Thank you everyone for your time
Thank you everyone for your time For investor-related inquiries, please contact: Corporate Planning Group Nihon Dempa Kogyo Co., Ltd. Mail: [email protected] 22
Slide 23: Crystal Bridge to the Future
IN| NIMIK Crystal Bridge to the Future IN NOK 23