Fuji Electric Co., Ltd. · TSE:6504

Fuji Electric — FY2021 Earnings Presentation

21 slides from Fuji Electric's earnings presentation, Apr 27, 2022

  1. Slide 1: Consolidated Financial Results for FY2021

    Consolidated Financial Results for FY2021 April 27, 2022 Fuji Electric Co., Ltd. ©2022 Fuji Electric Co., Ltd. All rights reserved. 1

  2. Slide 2: Contents

    Contents 1. FY2021 Results (YoY Comparison) P. 3 2. FY2021 Results（Comparison with Forecasts on Jan.27, 2022） P. 12 3. Balance Sheet・Cash Flow Statement P. 14 4. Dividend of Surplus P. 17 5. Reference P. 19 ©2022 Fuji Electric Co., Ltd. All rights reserved. 2

  3. Slide 3: 1. FY2021 Results (YoY Comparison)

    1. FY2021 Results (YoY Comparison) ©2022 Fuji Electric Co., Ltd. All rights reserved. 3

  4. Slide 4: Summary of Consolidated Financial Results for FY2021 (YoY Comparison)

    Summary of Consolidated Financial Results for FY2021 (YoY Comparison) Higher sales and income. New record highs achieved for operating income, ordinary income, and net income attributable to owners of parent Medium-term management plan operating margin target 8% or more achieved (Billion yen) FY2020

  5. Slide 5: Breakdown of Changes in Operating Results for FY2021

    Breakdown of Changes in Operating Results for FY2021 (YoY Comparison) Higher income primarily as a result of increases in sales and production volumes as well as favorable foreign exchange influences Cost reductions and price increases instituted to absorb impacts of soaring material prices Increase

  6. Slide 6: Net Sales and Operating Income by Segment

    Net Sales and Operating Income by Segment for FY2021 (YoY Comparison) Operating results improvements in all segments (Billion yen) FY2020 FY2021 Change Operating Operating Operating Operating Operating Operating Net Sales Net Sales Net Sales Income/Loss Margin Ratio. Income/Loss Margin Ratio. Income

  7. Slide 7: Business Results by Segment ① Power Electronics

    Business Results by Segment for FY2021 (YoY Comparison) ① (Billion yen) FY2020 FY2021 Results Results Change Overview Net Sales Energy Management Net Sales Decreased by 3% 209.2 240.6 31.3 Decrease in net sales and operating results as a result of the absence of large-scale orders for substation equ

  8. Slide 8: Business Results by Segment ② Semiconductor

    Business Results by Segment for FY2021 (YoY Comparison) ② (Billion yen) FY2020 FY2021 Results Results Change Overview Increase in net sales despite the repercussions of withdrawing from magnetic disk operations, due to production capacity increases undertaken in response to substantial growth in Sal

  9. Slide 9: Net Sales by Japan and Overseas Area

    Net Sales by Japan and Overseas Area for FY2021 (YoY Comparison) Increases in sales to all overseas area (Billion yen) (Billion yen) YoY FY2020 FY2021 Change +34.3 Power Supply and +7.0 875.9 910.2 Overseas 221.9 254.4 +20.7* 32.5 Facility Systems ED&C Components +3.5 (28%) Automation Systems +5.8 (

  10. Slide 10: Breakdown of Changes in Amount of Orders Received by Products

    Breakdown of Changes in Amount of Orders Received by Products for FY2021 (YoY Comparison) Incoming orders surpass ¥1 trillion due to increased demand for major components (ED&C components, Power Electronics Factory Automation, Semiconductor) YoY (Billion yen) 1,007.9 +120.0 Major Components Orders R

  11. Slide 11: Breakdown of Changes in Amount of Sales by Products

    Breakdown of Changes in Amount of Sales by Products FY2021 (YoY Comparison) Strong sales of major components (ED&C components, Power Electronics Factory Automation, Semiconductors) (Billion yen) YoY 4Q 875.9 910.2 +34.3 Major Components Sales Trend QoQ 101.1 +11.4 85.1 89.7 81.3 84.4 73.9 +11% 62.5

  12. Slide 12: 2. FY2021 Results (Comparison with Forecasts on Jan.27, 2022)

    2. FY2021 Results （Comparison with Forecasts on Jan.27, 2022） ©2022 Fuji Electric Co., Ltd. All rights reserved. 12

  13. Slide 13: Summary of Consolidated Financial Results for FY2021 (Comparison with Forecasts)

    Summary of Consolidated Financial Results for FY2021 (Comparison with Forecasts on Jan. 27, 2022) FY2021 (Billion yen) FY2021 Forecasts Change (Jan. 27, 2022) Results Net Sales 900.0 910.2 +23.8* 10.2 Operating Income/Loss 72.0 74.8 +3.0* 2.8 Ordinary Income/Loss 73.0 79.3 6.3 Net Income Attributabl

  14. Slide 14: 3. Balance Sheet, Cash Flow Statement

    3. Balance Sheet Cash Flow Statement ©2022 Fuji Electric Co., Ltd. All rights reserved. 14

  15. Slide 15: Consolidated Balance Sheet at the End of FY2021

    Consolidated Balance Sheet at the End of FY2021 (YoY Comparison) ROE increased to 13% Assets 3/31/21※1 3/31/22 Change Liabilities and Net Assets 3/31/21※1 3/31/22 Change Cash and time deposit 76.5 93.0 16.4 Notes and account 172.0 171.7 -0.3 Notes and account payables, trade payables receivables, tr

  16. Slide 16: Consolidated Cash Flows

    Consolidated Cash Flows for FY2021 (YoY Comparison) (Billion yen) FY2020 FY2021 Ⅰ Cash Flows from Operating Activities 26.9 76.8 Ⅱ Cash Flows from Investing Activities 23.5 -22.4 Ⅰ＋Ⅱ Free Cash Flow 50.4 54.5 Ⅲ Cash Flows from Financing Activities -39.5 -42.9 Ⅳ Cash and Cash Equivalents at End of Per

  17. Slide 17: 4. Dividend of Surplus

    4. Dividend of Surplus ©2022 Fuji Electric Co., Ltd. All rights reserved. 17

  18. Slide 18: Dividend of Surplus

    Dividend of Surplus Year-end dividends of 55 yen per share (tentative) 120 1株当たり期末配当額 Year-end dividend per share 1株当たり中間配当額 Interim dividend per share 100 Cash Dividends per Share (Yen) 100 80 80 85 80 70 (tentative） 55 60 50 55 40 40 45 45 40 40 35 25 30 20 20 25 20 25 45 20 15 40 40 40 10 10 25 2

  19. Slide 19: 5. Reference

    5. Reference ©2022 Fuji Electric Co., Ltd. All rights reserved. 19

  20. Slide 20: Reference

    Reference ■ED&C Components 4Q 4Q Annual amount of orders received QoQ YoY YoY All -1% +37% +51% Japan -5% +50% +54% Overseas +11% +12% +42% ■Low-voltage inverters 4Q 4Q Annual amount of orders received QoQ YoY YoY All +16% +60% +69% Japan +2% +47% +57% Overseas +24% +67% +78% ■Semiconductor 4Q 4Q An

  21. Slide 21: Notes on forward-looking statements and audit status

    1.These materials are outside the scope of auditing procedures required by law, and as of the date of this results presentation, financial statement auditing procedures required by law have not yet been completed. 2. Statements made in this documents or in the presentation to which they pertain rega

Fuji Electric — FY2021 Earnings Presentation on 6ix