Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — FY2022 Earnings Presentation
12 slides from Nippon Chemi-Con's earnings presentation, May 2023
Slide 1: FY2023 Plan
Translation FY2023 Plan May 2023 Nippon Chemi-Con Corporation TSE Prime Market, Securities code: 6997 NIPPON CHEMI‐CON CORPORATION May 2023 0
Slide 2: Shift to a corporate structure capable of responding flexibly to changes in the business environment
Translation Shift to a corporate structure capable of responding flexibly to changes in the business environment Product planning (1) Increase the percentage of new products by strengthening product planning reforms capabilities and succeed in expanding sales of high value-added products to the most
Slide 3: COVID-19 and steep rise in material and electricity costs; implement structural reforms
Translation COVID-19 and steep rise in material and electricity costs ➡ Implement structural reforms to achieve targets for the final year of the Medium-term Management Plan (Billion yen) Net Sales (Billion yen) Operating Income/Operating Margin 200.0 20.0 10.0% 8.0% 161.8 8.0% 7.1% 15.0 6.3% 150.0
Slide 4: Improvement in OEE, TEEP and per person productivity
Translation Improvement in OEE1, TEEP2 & per person productivity to respond to increases in production without increasing employees or facilities Improvement effect Improvement effect (Billion yen) (Million pcs/month) 160.0 16.0 New products 14.4 100.0 25.0% 140.0 14.0 Productivity Improvement effec
Slide 5: Create Next Value! Expand our horizons!
Translation Establish a corporate structure that is profitable in any market environment ― Expand high value-added products and reinforce response to low pricing in the market ― Create Next Value! Expand our horizons! NIPPON CHEMI‐CON CORPORATION May 2023 4 4
Slide 6: NIPPON CHEMI‐CON CORPORATION
Translation NIPPON CHEMI‐CON CORPORATION May 2023 5
Slide 7: FY2023 plan vs FY2022 results
Translation (Million yen, %) FY2023 YoY FY2022 Plan 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% (1.7 pt) - Profit attributable to owners of parent 2,273 6,200 +3,927 +172.8 Ratio to net sales 1.4% 3.9% +2.5pt - RO
Slide 8: NIPPON CHEMI‐CON CORPORATION
Translation (Billion yen) NIPPON CHEMI‐CON CORPORATION May 2023 7
Slide 9: Net sales by product
Translation (Million yen, %) FY2023 Product FY2022 Ratio Ratio Change % Change plan Aluminum electrolytic capacitors 140,897 87.0% 141,900 88.7% +1,003 +0.7% Conductive polymer/ Hybrid 21,379 13.2% 21,900 13.7% +521 +2.4% DLCAP™ 4,471 2.8% 4,250 2.7% (221) (4.9%) Ceramic capacitors/ Varistors 3,940
Slide 10: Net sales by market
Translation Other Other 7% Automotive 7% Automotive electronics electronics ICT 28% ICT 31% 24% 23% FY2023 FY2022 plan ¥161.8 bn ¥160.0 bn Home Home appliances appliances Industrial 10% Industrial 10% New New equipment equipment energy energy 23% 25% 6% 6% NIPPON CHEMI‐CON CORPORATION May 2023 9
Slide 11: Automotive electronics, Industrial and ICT net sales
Translation (Net sales: Billion yen) 27.5 Automotive electronics 25.0 22.5 20.0 Industrial equipment ICT 17.5 15.0 1H FY2022 2H 1H FY2023 2H plan plan NIPPON CHEMI‐CON CORPORATION May 2023 10
Slide 12: 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