Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — Q1 2021 Earnings Presentation
10 slides from Nippon Chemi-Con's earnings presentation, August 2021
Slide 1: Financial Results Explanatory Material for 1Q FY2021
Translation Financial Results Explanatory Material for 1Q FY2021 (Three months ended June 30, 2021) NIPPON CHEMI-CON CORPORATION Aug. 2021 1
Slide 2: 1Q FY2021 Results Summary
Translation Recovery in demand due to normalization of market conditions with COVID-19 slowdown + Implementation of structural reforms = Increase in sales and profits FY2021 FY2020 YoY Change （Billion yen） 1Q 1Q Amount % Net sales 33.38 23.78 +9.60 +40.4% Operating income 1.81 (0.31) +2.12 − Ratio t
Slide 3: Net Sales by Product
Translation Global recovery in automotive electronics and industrial equipment markets ➡ increased sales especially in al-caps, DLCAPs, ceramic caps and varistors FY2021 FY2020 YoY Change （Billion yen） 1Q 1Q Amount % Aluminum electrolytic capacitors 29.11 20.13 +8.98 +44.6 Aluminum electrolytic capa
Slide 4: 1Q FY2021 Net Sales by Market
Translation 1-3. 1Q FY2021 Net Sales by Market Net sales by market Net Sales in the Shortage of Net sales (billion yen) Three Main Markets semiconductors Other 11.5 Automotive 5% electronics Automotive Electronics ICT ICT 30% 9.0 28% 1Q FY2021 33.3 Industrial Billion Yen 6.5 equipment Home Appliance
Slide 5: Operating Income YoY Main Positives and Negatives
Translation Main positives: 1) Sales increase 2) Cost reductions 3) Fluctuations in exchange 4) Selling price factors Main negatives: 1) Increase in SG&A expenses 2) Increase in raw material costs 3) Increase in manufacturing fixed costs 4) Other Operating income Operating YoY Main Positives and Neg
Slide 6: Operating Income QoQ Main Positives and Negatives
Translation Main positives: 1) Sales increase 2) Cost reductions 3) Fluctuations in exchange 4) Selling price factors Main negatives: 1) Increase in SG&A expenses 2) Increase in raw material costs 3) Increase in manufacturing fixed costs Operating income Operating (billion yen) Operating Income inco
Slide 7: Performance Improvement Effect From Structural Reforms
Translation 1-5. Performance Improvement Effect From Structural Reforms (vs FY2019) Productivity and capacity utilization improved due to strong demand and the effect of structural reforms achieved more than planned Performance improvement effect in 1Q: ¥1.2b [32％ of FY2021 plan (¥3.8b) completed] M
Slide 8: Outlook: Production, Regions and Market Trends
Translation - Production Although the spread of COVID-19 in Malaysia and Indonesia has had some effect on production, we will adjust to the circumstances by increasing production in other regions. - Regional situations The economy is recovering in Western countries due to the spread of vaccines. Jap
Slide 9: Management policy: revenue structure and next growth
Translation “Building a revenue structure unaffected by economic fluctuations and a business foundation capable of adjusting to changes in the market environment” １．Shifting to a solid earnings structure -Improvement of OEE, TEEP & per person productivity to respond to increases in production withou
Slide 10: Note on forward-looking statements
Translation 〔Note〕 The projected performance figures in this material are based on information available to Nippon Chemi- Con’s management at the time this material was prepared. There are many uncertain factors inherent in forecasting, and there might be cases in which actual results differ from fo