Yushin Company · TSE:6482
Yushin — Yushin Precision Equipment — FY2016 Earnings Presentation
31 slides from Yushin's earnings presentation, May 2016
Slide 1: Yushin Precision Equipment Investors Presentation FY2016
Yushin Precision Equipment Co., Ltd. FY2016 Investors Presentation May, 2016 This document contains some estimates of future business performance. Such references should not be taken to be a guarantee. Please note that future performance is subject to various risks and uncertainties, and goals and p
Slide 2: Company Profile
Company Profile Name: Yushin Precision Equipment Co., Ltd. President: Mayumi Kotani Establishment: October, 1973 Capital: 1,985 million yen Number of employees: 636 (Consolidated, as of March 31, 2016) Consolidated net sales: 21,148 million yen (FY2016) Securities code: 6482 (First Section of the TS
Slide 3: Product Lineup (1)
Product Lineup (1) Sales ratio Take-out Robots HSA series HST series RC series <Traverse type> 66% <Traverse type> <Traverse type> 13,923 Million yen FY2016 YC series SC series TSXA series <Traverse type> <Traverse type> <Side-entry type> HOP series DRD series <Swing type> <For vertical type <Side-e
Slide 4: Product Lineup (2)
Product Lineup (2) Sales ratio Custom-ordered Equipment 19% 3,997 Million yen Flexible In-mold system Gate cutting Palletizing robots module stocker system FY2016 Sales ratio Parts and Maintenance service 15% 3,227 Million yen FY2016 4 Rev. Jun. 17, 2016
Slide 5: Performance and Price of Take-out Robots
Performance and Price of Take-out Robots Hi-speed HSA HST SXC-HS,TSXA RC High-cycle series YC High speed High stiffness Multi purpose SC Energy saving Traverse type <5-axis servo driven> For Asian market ATC Energy saving Traverse type <1-axis servo driven> HOP Swing type <Air driven> 5 Rev. Jun. 17
Slide 6: Company Strength
Company Strength Accurate response to Customers’ request and offering Philosophy high-quality products & Policy Challenge to new business areas High-leveled ratio of overseas sales Global & Global sales and technical support network - largest in Worldwide the take-out robot industry Quick response i
Slide 7: Results for FY2016
Results for FY2016 FY2015 FY2016 Amount Ratio Change* Amount Ratio Change* Mil. Yen % % Mil. Yen % % Net Sales 17,799 100.0 (0.6) 21,148 100.0 18.8 Gross Profit 7,277 40.9 (4.7) 8,442 39.9 16.0 Operating Income 2,304 12.9 (17.5) 3,086 14.6 33.9 Ordinary Income 2,542 14.3 (17.8) 2,921 13.8 14.9 Net I
Slide 8: Summary of FY2016
Summary of FY2016 Analysis of the Results 18.8% increase from the previous FY to 21,148 million yen a) Take-out robots sales increased by 6.3% Y/Y -Sales growth in main models of take-out robot Net Sales -Sales growth in US and Mexico b) Custom-ordered equipment sales increased by 122.7% Y/Y -Cust
Slide 9: Forecast for FY2017
Forecast for FY2017 FY2016 FY2017 (Forecast) Interim Full Year Interim Full Year Amount Ratio Amount Ratio Amount Ratio Y/Y* Amount Ratio Y/Y* Mil. Yen % Mil. Yen % Mil. Yen % % Mil. Yen % % Net Sales 9,919 100.0 21,148 100.0 9,300 100.0 (6.3) 20,000 100.0 (5.4) Gross 4,166 42.0 8,442 39.9 3,900 41.
Slide 10: Forecast for FY2017
Forecast for FY2017 Analysis of the Forecast 5.4% decrease from the previous FY to 20,000 million yen a) Take-out robots sales decrease by 0.5% Y/Y - Maintain sales of main take-out robots - Increase sales in overseas, US, Mexico, South Asia and etc. Net Sales - Negative impact on the sales under
Slide 11: Sales Breakdown
Sales Breakdown (Millions of Yen) 25,000 25,000 21,148 20,000 20,000 20,000 17,909 17,799 Parts and Maintenance service 14,240 14,721 Custom-ordered 15,000 15,000 Equipment 10,000 10,000 Take-out Robots 5,000 5,000 00 FY2017 FY2012 FY2013 FY2014 FY2015 FY2016 (F) (forecast) Parts and Parts and maint
Slide 12: Sales by End User Categories
Sales by End User Categories (Millions of yen) 25,000 25,000 21,148 20,000 20,000 20,000 17,909 17,799 Others Optical instruments Containers 14,240 14,721 Sundry products 15,000 15,000 Medical products Electrical appliance 10,000 10,000 Electronic parts 5,000 5,000 Automotive products 00 FY2017 17/3
Slide 13: Sales by End User Categories
Sales by End User Categories Others Disc and 3% optical instruments 6% Containers 8% Automotive products Sundry 30% products 9% Medical products 10% Electrical Electronic parts appliance 22% 12% FY2016 Net sales 21,148 million yen 13 Rev. Jun. 17, 2016
Slide 14: Sales by Region
Sales by Region (Millions of yen) 25,000 25,000 21,148 20,000 20,000 20,000 Others 17,909 17,799 North America 14,240 14,721 15,000 15,000 Europe Other Asia 10,000 10,000 China/Taiwan 5,000 5,000 Japan 00 FY2017 FY2017 FY2012 FY2012 FY2013 FY2013 FY2014 FY2014 FY2015 FY2015 FY2016 FY2016 (forecast)
Slide 15: Change in Performance
Change in Performance Sales Ordinary Income (Millions of yen) (Millions of yen) 25,000 25,000 10,000 10,000 Sales Ordinary Income 21,108 9,000 9,000 21,148 19,548 20,000 20,000 20,000 19,272 8,000 8,000 17,909 17,799 7,000 7,000 14,721 15,000 15,000 14,240 6,000 6,000 12,369 12,567 5,000 5,000 10,00
Slide 16: Global Network
Global Network Canada<Toronto> Netherlands<Ede> South Korea UK<Birmingham> China<Tianjin, Yantai, Dalian> <Soul> South Korea USA<Ohio> Italy<Torino> <Daegu> China<Shanghai> USA<California> USA <Rhode Island> China<Chongqing, Wuhan, Suzhou> Japan USA<Texas> Spain USA <Barcelona>Turkey<Istanbul> China
Slide 17: Expansion of Sales to Overseas
Expansion of Sales to Overseas FY2012 FY2016 Net sales Net sales 14,240 million yen 21,148 million yen Others Europe Others 610 million yen 801 million yen 177 million yen 3% 6% 1% Europe 2,163 million yen 10% Japan North America Japan 6,707 million yen 2,387 million yen 5,203 million yen North Amer
Slide 18: Change in Performance of Subsidiaries
Change in Performance of Subsidiaries (Millions of yen) Invest FY2015 FY2016 FY2017 (forecast) Country Setup ment Operating Net Operating Net Operating Net Sales Sales Sales ratio income income income income income income South Korea 2000.10 100.0% 1,874 259 258 1,866 260 167 1,638 258 201 Taiwan 20
Slide 19: Balance Sheets
Balance Sheets (Millions of yen) Changes in Assets FY2015 FY2016 FY2015 Changes in Liabilities Cash and deposits Liabilities Notes and accounts -3,793 4,693 Liabilities payable – trade -193 Notes and accounts Assets （Y/Y） -799 5,493 Accounts payable - other +250 receivable – trade +177 Merchandise a
Slide 20: Capital Investment / Depreciation / R&D
Capital Investment / Depreciation / R&D (Millions of yen) Investment Capital Invest Depreciation Depreciation R&DExpenses R&D Expenses (excluding consumption tax) 5,000 5,000 Expansion of R&D factory equipped with clean room for medical purpose Construction in progress 4,000 4,000 July, 2011 Land ac
Slide 21: Change in Cash Flow
Change in Cash Flow (Millions of yen) 3,000 3,000 Free CF = Operating CF + Investing CF 12/3 2,010 1,847 2,000 2,000 1,000 1,000 186 00 -261 -1,000 -1,000 -1,336 -2,000 -2,000 -2,887 -3,000 -3,000 FY2017 FY2012 12/3 FY2013 13/3 FY2014 14/3 FY2015 15/3 FY2016 16/3 17/3(予) (forecast) <Change in cash f
Slide 22: Medium-term Objectives
Medium-term Objectives FY2019 Net Sales： 30 billion yen or more Ordinary Income：5 billion yen or more Ordinary Profit ratio： 15% or more FY2016 EPS： 150 yen or more Net Sales： 21.1 billion yen Ordinary Income： 2.9 billion yen Ordinary Profit ratio： 13% EPS： 109 yen Strategy4: Active
Slide 23: Medium-term Objectives
Medium-term Objectives Net sales Ordinary Income (Billions of yen) (Billions of yen) 350 350 100 100 Net Netsales sales Ordinary OrdinaryIncome Income 30.0 Bil. 90 90 300 300 80 80 25.0 Bil. 250 250 70 70 21.1 Bil. 20.0 Bil. 60 60 200 200 17.8 Bil. 5.0 50 50 Bil. 150 150 4.0 40 40 Bil. 2.9 3.0 30 30
Slide 24: Strategy 1: Enhancement of the Products (1)
Strategy 1: Enhancement of the Products (1) Expansion of lineup of take-out robots Built Lighter & Faster Vibration Control – Shorter Settling Times Design Optimization + CFRP + Anti-Vibration Controls HST-600 : Released in February 2015 for the US and European markets 25.4% 9.2% 98.6% Faster
Slide 25: Strategy 1: Enhancement of the Products (2)
Strategy 1: Enhancement of the Products (2) Expansion of lineup of take-out robots Super high-speed side-entry type robot Take-out robot with a double (Improve productivity in production for built-in horizontal telescopic arm for micro connectors inside of mobile devices vertical type IMM such a
Slide 26: Strategy 2: Global Network; Strategy 3: Human Resources
Strategy 2: Enhancement of the Global Network Group-wide strength corresponding to customers’ globalizations Target on the top class companies in the world Sales and technical support offices located in major industrial area in the world Actively recruit world-class human resources at HQ Str
Slide 27: New HQ and Factory Open in November 2016
New HQ and Factory Open in November 2016 Investment in new HQ and factory to achieve consolidated net sales of 30 billion yen in FY2019 Improve productivity and streamline business processes, thereby promoting sustainable growth for the entire Yushin group Planning a childcare facility Land : 20
Slide 28: New HQ and Factory Open in November 2016
New HQ and Factory Open in November 2016 Integration of manufacturing functions - Improve productivity by integrating receiving, assembling, inspection and shipping into a whole More capacity to receive orders of large type take-out robot - Expand production area for assembling and inspection of
Slide 29: Factory Expansion at Subsidiary in the U.S.
Factory Expansion at Subsidiary in the U.S. U.S. subsidiary Yushin America, Inc. Rhode Island, U.S.A At opening ceremony September 25, 2015 Expanded area, highlighted in red Added production area 2,082m2 to existing facility 3,516m2 Extended 1.5 times in production capacity President, Mayumi Kotani
Slide 30: Return to Shareholders
Return to Shareholders (Millions of yen) (%) 1,000 1,000 100 100 Ordinarydividend Ordinary dividend Commemorate Commemorate dividend dividend 900 900 90 090 Sharebuy-back Share buy-buck Totalreturn Total return ratio ratio Consolidated dividend payout ratio target: 800 800 30% or more 80 080 35th ye
Slide 31: Contact: Corporate Planning Department
Contact: Corporate Planning Department （E-mail）[email protected] www.ype.co.jp Notes: This document contains some estimates of future business performance. Such references should not be taken to be a guarantee. Please note that future performance is subject to various risks and uncertainties, and
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