Ulvac, Inc. · TSE:6728

Ulvac — Q1 FY2017 Earnings Presentation

13 slides from Ulvac's earnings presentation, Nov 10, 2017

  1. Slide 1: Business Results FY2017 1Q (July 2017-September 2017)

    (Securities code: 6728) Business Results FY2017 1Q(July 2017-September 2017) November 10, 2017 ULVAC, Inc. FY171QPSN20171110E Copyright ©2017, ULVAC, Inc. All rights reserved Page 1

  2. Slide 2: Disclaimer regarding forward-looking statements

    Disclaimer regarding forward-looking statements Forward-looking statements of the company in this presentation are based on information that was available at the time these documents were prepared. ULVAC’s customers in the flat-panel display (FPD), semiconductor, and electronic device industries fac

  3. Slide 3: Overview of First Quarter FY2017 Business Results

    Overview of First Quarter FY2017 Business Results FY171QPSN20171110E Copyright ©2017, ULVAC, Inc. All rights reserved Page 3

  4. Slide 4: Highlights

    Overview of 1Q FY2017 Business Results Highlights Orders Received: ¥81.0 billion (+62% year-on-year) - Incoming orders were up year-on-year in every segment, including FPD・PV production equipment. Net Sales: ¥60.9 billion (+22% year-on-year) - Net sales were up year-on-year, primarily in FPD・PV, sem

  5. Slide 5: Progression of net sales and operating profit (quarterly)

    Overview of 1Q FY2017 Business Results • Orders received significantly increased year-on-year, mainly due to large orders for OLEDs used in smartphones (organic EL) and LCDs used in large-screen TVs. • Net sales increased 22% year-on-year, driven mainly by FPD・PV, semiconductor, and electronic devic

  6. Slide 6: Orders received and net sales by segment

    Overview of 1Q FY2017 Business Results (Orders received and net sales by segment) • FPD・PV production equipment: Large orders for OLEDs used in smartphones and LCDs for large-screen TVs led to a significant increase in orders received. • Semiconductor and electronic device production equipment: Incr

  7. Slide 7: Progression of orders received and net sales by segment

    Overview of 1Q FY2017 Business Results (Progression of orders received and net sales by segment) • Both orders received and net sales continued to perform at high levels. Orders received (Unit: billion yen) Net sales (Unit: billion yen) FY2015 FY2016 FY2017 FY2015 FY2016 FY2017 Semiconductors and el

  8. Slide 8: Progression of profit margins

    Overview of 1Q FY2017 Business Results (Progression of profit margins) • Both gross profit and operating profit margins were at high levels. Progression of gross profit margin Progression of operating profit margin (Unit: %) (Unit: %) 35 20 29.6 14.5 14.6 28.7 27.9 26.9 27.3 12.8 12.9 26.3 26.4 10.4

  9. Slide 9: Consolidated balance sheet

    Overview of 1Q FY2017 Business Results (Consolidated balance sheet) • Thanks to an increase in orders received and net sales, notes and accounts receivable rose ¥4.9 billion and inventory assets rose ¥2.8 billion from the end of the previous fiscal year. • Likewise, notes and accounts payable rose ¥

  10. Slide 10: Equity, cash flow, etc.

    Overview of 1Q FY2017 Business Results (Equity, cash flow, etc.) • Equity increased to ¥103.2 billion. Net cash increased to ¥21.2 billion, and the Net debt- to-equity ratio improved to 0.21. • Operating cash flow reached ¥12.4 billion, and free cash flow reached ¥10.2 billion. (Unit: billion yen) (

  11. Slide 11: FY2017 Earnings Estimates

    FY2017 Earnings Estimates FY171QPSN20171110E Copyright ©2017, ULVAC, Inc. All rights reserved Page 11

  12. Slide 12: FY2017 first half and full year earnings estimates

    FY2017 first half and full year earnings estimates • For the first half of the year, net sale and profit estimates were revised upward. Net sales are expected to increase more than initial estimates, driven mainly by semiconductor and electronic device production equipment. In line with this, profit

  13. Slide 13: Approaches to raising corporate value

    Approaches to raising corporate value Addition of ULVAC to the MSCI Japan ESG Select Leaders Index MSCI Japan ESG Select Leaders Index is a capitalization-weighted index based on the MSCI Japan IMI Top 500 Index. This index represents the performance of companies that have a high Environmental, Soci

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