Marubun Corporation · TSE:7537

Marubun — 1H FY3/17 Earnings Presentation

27 slides from Marubun's earnings presentation, November 2016

  1. Slide 1: Financial Results for the 2nd Quarter of Fiscal Year Ending March 31, 2017

    nd Financial Results for the 2 Quarter of Fiscal Year Ending March 31, 2017 November 2016 © 2016 MARUBUN CORPORATION

  2. Slide 2: 1H FY3/17 Summary of Consolidated Financial Results

    1H FY3/17 Summary of Consolidated Financial Results © 2016 MARUBUN CORPORATION

  3. Slide 3: 1H FY3/17 Summary of Consolidated Financial Results

    1H FY3/17 Summary of Consolidated Financial Results Net sales income : ¥127.7 billion (-20 billion YoY) Electronic Devices Business Decrease in semiconductors for communication modules and LCD panels for TVs and PCs. Decrease in yen-denominated value of dollar-based transactions due to the strong ye

  4. Slide 4: 1H FY3/17 Summary of Financial Results

    1H FY3/17 Summary of Financial Results (Millions of Yen) 1H FY3/16 1H FY3/17 YoY Changes 1H FY3/17 Initial Forecasts Composition Composition Initial Composition Actual Actual Amount ％ Ratio Ratio Forcasts Ratio Net sales 147,803 100.0% 127,741 100.0% (20,062) -13.6% 125,000 100.0% Electronic Devices

  5. Slide 5: 1H FY3/17 Electronic Devices Business Net Sales Breakdown by Product

    1H FY3/17 Electronic Devices Business Net Sales Breakdown by Product （Millions of Yen） 129,599 16,098 5,687 105,536 6,812 Electronic Components (9,286) Decrease in LCD module for TV & 5,196 Custom IC (491) PC 66,501 Decrease for communication 43,999 Special- Use IC (22,503) modules and for projector

  6. Slide 6: 1H FY3/17 Electronic Devices Business Market Trend by Application

    1H FY3/17 Electronic Devices Business Market Trend by Application Application Market trend Industrial Equipment & Other Increase for factry automation Automobile Increase for car navigation , network in car , ECU Communication Equipment Decrease for communication modules Computer & Office Equipment

  7. Slide 7: 1H FY3/17 Electronic Systems Business Net Sales Breakdown by Product

    1H FY3/17 Electronic Systems Business Net Sales Breakdown by Product （Millions of Yen） 22,205 18,203 7,791 Medical Increase in Diagnostic imaging +341 equipment Equipment 7,450 Increase in marking laser for 2,233 Laser Equipment +272 industrial equipment and LED light 159 Decrease in thin-film equip

  8. Slide 8: 1H FY3/17 Factors Affecting Ordinary Income

    1H FY3/17 Factors Affecting Ordinary Income Decrease in Gross (Millions of Yen) Profit Increase in SG&A Expenses Improve foreign exchange gains / losses Other Non-operating Income & Losses Decrease in net sales and yen-denominated value due to the stronger yen Decrease due to exchange rate gaps at t

  9. Slide 9: End 1H FY3/17 Summary of Balance Sheets

    End 1H FY3/17 Summary of Balance Sheets (Millions of Yen) FY3/16 1H FY3/17 Changes Reason for change Actual Actual Amount Total assets 106,513 109,385 2,872 Cash and deposits (3,130) Current assets 96,211 98,418 2,207 Notes and accounts receivable-trade 7,171 Noncurrent assets 10,302 10,966 664 Merc

  10. Slide 10: 1H FY3/17 Summary of Statements of Cash Flows

    1H FY3/17 Summary of Statements of Cash Flows (Millions of Yen) 1H FY3/16 1H FY3/17 Reason for change Actual Actual Income before income taxes and (212) minority interests Decrease (increase) in notes and (3387) Net cash provided by (used in) accounts receivable-trade (1,332) (6,505) operating activ

  11. Slide 11: Medium-Term Vision: Progress of Business Strategies and Key Initiatives

    Medium-Term Vision Progress of Business Strategies and Key Initiatives © 2016 MARUBUN CORPORATION

  12. Slide 12: New Mid-Term Plan

    New Mid-Term Plan Transforming into a robust company that can realize sustainable growth Driving force for the Creating new Improving capital realignment of businesses through efficiency industry active investment Electronic Devices Electronic Systems (i) Expansion of the base business (i) Enhanceme

  13. Slide 13: Rapid Development of New Products

    Rapid Development of New Products Very small AC BioStamp from mc10 adapter from FINsix Projects are underway at An application for a license under the Pharmaceutical and manufacturers of consumer Medical Devices Act has been submitted. electronics, PCs, and OA Non-medical projects are underway. equi

  14. Slide 14: Development of businesses in growth markets

    Development of businesses in growth markets Focusing on automobiles, industrial Trends of sales to the automotive sector equipment, medical equipment and the IoT （Billion Yen） 20 Acquiring all shares in KTL Corporation to form a subsidiary Strengthening the customer base for 15 automobiles and indus

  15. Slide 15: Expansion of the base business

    Expansion of the base business Introducing an in-house company system Rise in the number of new projects (1H FY3/14=100) 200 Up 21.6% YoY 150 100 Reinforcement of a demand creation Development of new suppliers 50 Cancellation of Agency Agreement with NXP Semiconductors 0 1H FY3/14 1H FY3/15 1H FY3/1

  16. Slide 16: Electronic Systems Efforts in Product Areas

    Electronic Systems Efforts in Product Areas Increasing products for communication infrastructure targeting the Tokyo Olympics Information and Distribution Agreement with Spirent Communications PLC, the world- communication leading provider of GPS simulators equipment Offer comprehensive proposals of

  17. Slide 17: FY3/17 Summary of Consolidated Financial Forecasts

    FY3/17 Summary of Consolidated Financial Forecasts © 2016 MARUBUN CORPORATION

  18. Slide 18: FY3/17 Summary of Consolidated Financial Forecasts

    FY3/17 Summary of Consolidated Financial Forecasts Net sales : ¥270 billion (-9.5 billion YoY) Electronic Devices Business Decrease in semiconductors for communication modules and LCD panels for TVs and PCs Electronic Systems Business Increased in electronic component assembly and inspection equipme

  19. Slide 19: FY3/17 Financial Forecasts

    FY3/17 Financial Forecasts (Millions of Yen) FY3/16 FY3/17 YoY Changes FY3/17 Initial Forecasts Composition Composition Initial Composition Actual Forcasts Amount ％ Ratio Ratio Forecasts Ratio Net sales 279,571 100.0% 270,000 100.0% (9,571) -3.4% 290,000 100.0% Electronic Devices 234,001 83.7% 219,0

  20. Slide 20: FY3/17 Electronic Devices Business Net Sales Forecasts by Product

    FY3/17 Electronic Devices Business Net Sales Forecasts by Product (Millions of Yen) 234,001 219,000 26,125 17,707 Electronic Components (8,417) Decrease in LCD module for TV 10,346 10,199 Custom IC (147) 93,680 Decrease for communication 114,256 Special-Use IC (20,576) modules and projector Increase

  21. Slide 21: FY3/17 Electronic Devices Business Net Sales Forecasts by Product (by Half term)

    FY3/17 Electronic Devices Business Net Sales Forecasts by Product (FY16 vs FY17 by Half term) （Millions of Yen） 129,599 16,098 113,464 105,536 104,402 5,687 10,895 Electronic Components 6,812 10,027 5,003 Custom IC 5,196 4,659 66,501 49,681 Special-Use IC 43,999 47,754 10,737 12,908 Micro-Processor

  22. Slide 22: FY3/17 Electronic Systems Business Net Sales Forecasts by Product

    FY3/17 Electronic Systems Business Net Sales Forecasts by Product (Millions of Yen) 51,000 45,570 Medical 18,800 Equipment +12 18,788 Increase in marking laser for 5,991 Laser Equipment +850 industrial equipment and LED light 1,007 Scientific Equipment +234 5,141 772 Measurement & 19,783 +4,465 Incr

  23. Slide 23: FY3/17 Electronic Systems Business Net Sales Forecasts by Product (by Half term)

    FY3/17 Electronic Systems Business Net Sales Forecasts by Product(FY16 vs FY17 by Half term) 28,795 27,367 （Millions of Yen） 22,205 11,009 Medical Equipment 11,338 18,203 7,791 3,758 Laser Equipment 7,450 3,180 2,233 Scientific Equipment 380 848 159 1,961 Measurement & 393 8,691 9,530 Inspection Equ

  24. Slide 24: FY3/17 Factors Affecting Ordinary Income (Forecasts)

    FY3/17 Factors Affecting Ordinary Income(Forecasts) (Millions of Yen) Increase in Gross Increase in SG&A Profit Expenses Other Non-operating Income & 1,681 Losses 3,321 (2,994) (10) 2,000 FY3/16 FY3/17 Actual Forecasts Improvement of gross profit margin ratio and increase of Gross Profit subsidiary

  25. Slide 25: Return to Shareholders

    Return to Shareholders © 2016 MARUBUN CORPORATION

  26. Slide 26: Return to Shareholders

    Return to Shareholders Dividend policy Dividend Payout Ratio 30% or more(consolidated) Dividends Forecast FY3/15 FY3/16 FY3/17 (Yen) (Forecasts) Annual Dividend per Share 20.00 30.00 25.00 Interim Dividend 7.00 12.00 10.00 Year-End Dividend 13.00 18.00 15.00 © 2016 MARUBUN CORPORATION 25

  27. Slide 27: Cautionary Statement and Contact

    Cautionary Statement Within the presentation, information on the future performance such as results forecasts is based on the data available at the time this presentation was prepared that the Company assumes reasonable. Actual performance depends on various important factors and may differ signific

Marubun — 1H FY3/17 Earnings Presentation on 6ix