Japan Aviation Electronics Industry, Limited · TSE:6807

Japan Aviation Electronics Industry — H1 FY2021 Earnings Presentation

22 slides from Japan Aviation Electronics Industry's earnings presentation, Oct 27, 2021

  1. Slide 1: Financial Results of 1H FY2021 and Prospects for FY2021

    Financial Results of 1H FY2021 and Prospects for FY2021 October 27, 2021 6807 Japan Aviation Electronics Industry, Ltd. Copyright ©2021, Japan Aviation Electronics Industry, Ltd.

  2. Slide 2: Agenda

    Agenda Technology to Inspire Innovation I. Financial Results of 1H FY2021 II. Prospects for FY2021 Copyright ©2021, Japan Aviation Electronics Industry, Ltd. 2

  3. Slide 3: I. Financial Results of 1H FY2021

    I. Financial Results of 1H FY2021 (From April 1, 2021 to September 30, 2021) ※ Total may not correspond to the total value of the items since amounts less than 100 million JPY are basically rounded off Copyright ©2021, Japan Aviation Electronics Industry, Ltd.

  4. Slide 4: Net Sales and Income

    Net Sales and Income Technology to Inspire Innovation (JPY in 100 millions) 1H FY2021 FY2020 FY2021 Year/Year Change vs. 1H FY2021 Projections 1H FY2021/ Projections anounced 1H 2H 1H 1H FY2020 Apr, 2021 Net Sales 972 1,125 1,120 149 115% -10 99% 1,130 Operating 9 78 92 83 ― 12 115% 80 Income (to Ne

  5. Slide 5: Recovery of Net Sales and Income

    Recovery of Net Sales and Income Technology to Inspire Innovation Achieved higher net sales and income compared to 2019 fiscal year, before COVID- 19 pandemic ▶ Net Sales: Recovering automotive and industrial & infrastructure markets lead to continued solid demand, resulting to higher sales than tha

  6. Slide 6: Domestic and Overseas Sales

    Domestic and Overseas Sales Technology to Inspire Innovation ▶ In addition to the recovering demand, domestic sales increased due to the growing ADAS market and market share increase in industrial & infrastructure market Domestic sales reached a record high level since the 2008 global financial cris

  7. Slide 7: Connector Business

    Connector Business Technology to Inspire Innovation Sales by Market Segment Sales:117% (of 1H FY2020) (JPY in 100 millions) Year/Year 999 Change ▶ Mobile Devices 856 117% • Sales to Chinese Smartphone OEMs 94% 464 recovered from the COVID-19 Mobile impacted 2020 fiscal year 494 Devices • Sales of sp

  8. Slide 8: UIS Business

    UIS Business Technology to Inspire Innovation Sales by Market Segment (JPY in 100 millions) Year/Year Change 55 Sales:122% (of 1H FY2020) 122% 45 ▶ Automotive (In-vehicle Touch Panels) 35 • Sales increased compared with the 118% same period last year due to the Automotive 29 recovering market, parti

  9. Slide 9: Aerospace Business

    Aerospace Business Technology to Inspire Innovation Sales by Market Segment Sales:93% (of 1H FY2020) (JPY in 100 millions) Year/Year Change 67 93% ▶ Industrial & infrastructure, and 63 Automotive  Sales declined in semiconductor Industrial & Infrastructure 42 102% manufacturing equipment and and Au

  10. Slide 10: II. Prospects for FY2021

    II. Prospects for FY2021 (From April 1, 2021 to March 31, 2022) Copyright ©2021, Japan Aviation Electronics Industry, Ltd.

  11. Slide 11: Business Environment

    Business Environment Technology to Inspire Innovation Market environment of the first half Outlook for the second half assumption Semiconductor shortage and lock-down Mobile affected customer demand in some areas Demand weaker than originally projected Device Production adjustments led to decline in

  12. Slide 12: Prospects for FY2021

    Prospects for FY2021 Technology to Inspire Innovation ▶ Full-year outlook revised upward due to solid demand in the automotive and industrial & infrastructure markets. (JPY in 100 millions) FY2020 FY2021 Year/Year vs. FY2021 vs. FY2021 Projections 1H 1H Projections Change Projections announced Apr,

  13. Slide 13: Prospects for Net Sales by Business Segment

    Prospects for Net Sales by Business Segment Technology to Inspire Innovation ▶ All business segments to increase by capturing recovery in demand (JPY in 100 millions) FY2021 億円 FY2020 FY2021 Year/Year vs. FY2021 Projections 1H 1H Projections Change Projections announced Apr, 2021 Connector 856 1,857

  14. Slide 14: Prospects for Net Sales by Market Segment

    Prospects for Net Sales by Market Segment Technology to Inspire Innovation (JPY in 100 millions) FY2021 FY2020 FY2021 Year/Year vs. FY2021 Projections 1H 1H Projections Change Projections announced Apr, 2021 Mobile Devices 494 997 464 920 -77 92% -70 990 Automotive 289 718 423 850 132 118% 30 820 In

  15. Slide 15: Prospects of Sales by Market Segment

    Prospects of Sales by Market Segment Technology to Inspire Innovation ▶ Mobile Device: Customer demand for mobile devices such as smartphones to decrease from initial projection ▶ Automotive: Solid demand and recovery production to overcome the impact of production cutbacks. Mass production of 2021

  16. Slide 16: Growth Strategy – ADAS Related

    Growth Strategy – ADAS Related Technology to Inspire Innovation Establish manufacturing system to cater increasing requirements mainly for ADAS camera related components  Start mass production for key customers • Sales increase planned due to gradual expansion of adopted models • Launch automatic a

  17. Slide 17: Growth Strategy – EV Related

    Growth Strategy – EV Related Technology to Inspire Innovation Strengthen initiatives of mainstream connectors for Electric Vehicles  Connectors for connecting battery, inverter and motor • Expand globally based on high-current and high-voltage technology established High-current, high-voltage conne

  18. Slide 18: Growth Strategy – Industrial and Infrastructure

    Growth Strategy – Industrial and Infrastructure Technology to Inspire Innovation Increase production capacity in response to recovering demand and increasing market shares  Increase production capacity • Expand production capacity of production sites in Japan, China and Taiwan Connector for servo m

  19. Slide 19: Growth Strategy – 5G・Beyond 5G

    Growth Strategy – 5G・Beyond 5G Technology to Inspire Innovation Promote development and expand sales for next- generation wireless communications infrastructures and mobile devices  Connector for O-RAN base stations • Secure deals for overseas markets • Increase business mainly by full-fledge mass-

  20. Slide 20: Cautionary Statement

    <Cautionary Statement> The plans, strategies & results forecasts and targets for our company and our consolidated affiliates (hereinafter JAE) noted in these materials are forecasts and targets as of October 27, 2021, and include risks and uncertainties. The targets noted in these materials are not

  21. Slide 21: Net Sales by Business Segment

    Net Sales by Business Segment Technology to Inspire Innovation (JPY in 100 millions) Year/Year FY2020 FY2021 Change 1H FY2021/ 1H 2H 1H 1H FY2020 Component Ratio Connector 856 1,001 999 89% 143 117% UIS 45 55 55 5% 10 122% Aerospace 67 66 63 6% -5 93% Others 3 3 4 ー 0 110% Total 972 1,125 1,120 100%

  22. Slide 22: Operating Profit by Business Segment

    Operating Profit by Business Segment Technology to Inspire Innovation (JPY in 100 millions) Lower row indicates return on sales FY2020 FY2021 Year/Year 1H 2H 1H Change Connector 26.2 95.5 108.9 82.7 3.1% 9.5% 10.9% UIS -0.4 1.9 2.3 2.8 -0.9% 3.5% 4.2% Aerospace 2.5 0.4 3.1 0.6 3.8% 0.5% 5.0% Others

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