Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — Q1 FY2023 Earnings Presentation
10 slides from Nippon Chemi-Con's earnings presentation, August 2023
Slide 1: Financial Results Explanatory Material for 1Q FY2023
Translation Financial Results Explanatory Material for 1Q FY2023 (Three months ended June 30, 2023) TSE Prime Market, Securities code:6997 NIPPON CHEMI‐CON CORPORATION August 2023 0
Slide 2: 1Q FY2023 – Results Overview
Translation 1Q FY2023 – Results Overview □ Net sales (41.1 billion yen, +7% YoY, -2% QoQ) ◆ Automotive electronics market Firm automotive demand and easing of the semiconductor shortage led to an increase in vehicle production volume. ◆ Industrial equipment market Demand targeted at plant automation
Slide 3: 1Q FY2023 - Consolidated Results (YoY, QoQ)
Translation 1Q FY2023 - Consolidated Results (YoY, QoQ) YoY: Higher net sales, lower operating income QoQ: Lower net sales and operating income (Million yen, %) FY2022 FY2023 YoY QoQ 1Q 4Q 1Q Change % Change Change % Change Net sales 38,439 41,982 41,137 +2,698 +7.0% (845) (2.0%) Operating income 2,
Slide 4: 1Q FY2023 - Operating Income (YoY)
Translation 1Q FY2023 - Operating Income (YoY) (Unit: Billion yen) Surge in price of materials, electricity, etc. roughly equal to positive effect from cost reductions, weakening yen, selling price revisions, etc. NIPPON CHEMI‐CON CORPORATION August 2023 3
Slide 5: 1Q FY2023 - Operating Income (QoQ)
Translation 1Q FY2023 - Operating Income (QoQ) (Unit: Billion yen) Decrease in net sales and SG&A, material, electricity, and other expenses exceeded the positive effect from the weakening yen, selling price revisions, and cost reductions. NIPPON CHEMI‐CON CORPORATION August 2023 4
Slide 6: 1Q FY2023 - Net Sales by Product (YoY, QoQ)
Translation 1Q FY2023 - Net Sales by Product (YoY, QoQ) YoY: Decline in sales of all products except for aluminum electrolytic capacitors and DLCAP TM/ QoQ: Decline in sales of all products except for aluminum electrolytic capacitors (Million yen, %) FY2022 FY2023 YoY QoQ 1Q 4Q 1Q Amount % of total
Slide 7: 1Q FY2023 - Net Sales by Market
Translation 1Q FY2023 - Net Sales by Market Percentage of Net Sales Net sales in the by Market Three Main Markets (Net sales: Billion yen) 16.0 Automotive electronics: Growth from robust demand Other and increase in semiconductor supply 7% Industrial equipment: Entered down cycle from the Automotive
Slide 8: NIPPON CHEMI-CON CORPORATION
Translation NIPPON CHEMI‐CON CORPORATION August 2023 7
Slide 9: FY2023 - Consolidated Full-Year Forecast
Translation FY2023 - Consolidated Full-Year Forecast (Million yen, %) FY2022 FY2023 YoY Results Forecast Change % Change Net sales 161,881 160,000 (1,881) (1.2%) Operating income 12,939 10,000 (2,939) (22.7%) Ratio to net sales 8.0% 6.3% (1.7pt) - Profit/loss attributable to owners of parent 2,273 (
Slide 10: Disclaimer
Translation Disclaimer This material has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The projected performance figures in this material are based on inf