Smk Corporation · TSE:6798
Smk — FY2016 Earnings Presentation
21 slides from Smk's earnings presentation, May 8, 2017
Slide 1: Business Report for FY2016
Business Report for FY2016 May 8, 2017
Slide 2: FY2016 Outline of Financial Statement
1/20 FY2016 Outline of Financial Statement Executive Vice President and CFO KOHEI OHGAKI
Slide 3: <Consolidated> Financial Results
2/20 <Consolidated> Financial Results Unit: Million yen FY2015 FY2016 Net Sales 18.4% DOWN Profit 80,000 77,206 6,000 70,000 84.9% DOWN 62,971 5,000 60,000 4,171 3,541 4,000 50,000 40,000 2,678 3,000 30,000 2,000 1,398 20,000 1,017 630 1,000 10,000 0 0 Net Sales Operating Profit Ordinary Profit Net
Slide 4: <Consolidated> Operating Expenses
3/20 <Consolidated> Operating Expenses Unit: Million yen FY2015 FY2016 73,035 62,341 80,000 [ ]: Sales Ratio [94.6%] [99.0%] Material costs 70,000 Amount paid to subconstractors 60,000 Labor costs 38,199 Expenses 50,000 49.5% 29,767 Depreciations 47.3% 40,000 Improvement by 1.6% 1,397 1,481 2.4% i
Slide 5: <Consolidated> Analysis of Sales Expenses
4/20 <Consolidated> Analysis of Sales Expenses Unit: Million yen Analysis of factors for increase/decrease Of consolidated operating profit ［ FY2015 vs FY2016 ］ Total Business profit for -3,541 million yen previous term After Adjusting impact of 4,171 foreign exchange rates Impact of foreign exchang
Slide 6: <Consolidated> Non-operating Profit and Loss
5/20 <Consolidated> Non-operating Profit and Loss Unit: Million yen FY2015 FY2016 -630 768 [ ]: Percentage to sales amount [-0.8%] [1.2%] 900 Currency exchange profit/loss 600 Revenues from and expenditure to fixed assets 628 640 300 Financial account balance 79 192 0 Others -15 -25 -27 -300 Currenc
Slide 7: <Consolidated> Extraordinary Profit and Loss
6/20 <Consolidated> Extraordinary Profit and Loss Unit: Million yen FY2015 FY2016 [ ]: Percentage to sales amount 32 -157 Gain on sales of investment 550 securities 99 400 Gain on sales of fixed assets 294 250 459 (Real estates) 100 134 Loss on liquidation of affiliates -50 11 -12 (Subsidiary in Eur
Slide 8: <Consolidated> Segment Information
7/20 <Consolidated> Segment Information Unit: Million yen FY2016 Reporting Segment Others* TOTAL CS Div. FC Div. TP Div. Total Set Sales 23,539 27,238 11,931 62,708 263 62,971 Operating 1,919 (786) 113 1,246 (616) 630 Profit (Loss) FY2015 Reporting Segment Others* TOTAL CS Div. FC Div. TP Div. Total
Slide 9: <Consolidated> Cash Position
8/20 <Consolidated> Cash Position Unit: Million yen Mar. 2016 Mar. 2017 Differential （Ａ） （Ｂ） （Ｂ－Ａ） Assets 67,606 62,318 (5,287) Cash and cash equivalents 10,778 10,117 (660) Accounts receivable 16,509 14,853 (1,656) Inventories 7,187 7,199 12 Fixed assets 29,237 28,044 (1,193) Liabilities 34,318 30,
Slide 10: <Consolidated> Cash Flow Position
9/20 <Consolidated> Cash Flow Position Unit: Million yen FY2015 FY2016 Cash flow from operating activities 6,211 4,604 Working capital (58) 59 Profit before taxes 3,573 1,241 Depreciation 3,970 4,381 Others (1,274) (1,077) Cash flow from investing activities (7,182) (3,465) Free cash flow (970) 1,13
Slide 11: Financial Forecast and Annual Dividend
10/20 Financial Forecast and Annual Dividend %: Increase (decrease) ratio to previous term (1) Forecast of consolidated operating results Operating Ordinary Net Sales Net Profit Profit Profit Million yen % Million yen % Million yen % Million yen % FY2016 62,971 (18.4) 630 (84.9) 1,398 (60.5) 1,017 (
Slide 12: FY2016 Result and FY2017 Prospect
11/20 FY2016 Result and FY2017 Prospect President, CEO and COO YASUMITSU IKEDA
Slide 13: SMK Executive Appointment <June 22, 2017>
12/20 SMK Executive Appointment <June 22, 2017> 1. Change of Representative Director <Promoting> Yoshiyuki Kaku: Director and Executive Deputy President, CTO <Resigning> Yoshio Sakurai: Senior Adviser (Post after resigning as director) 2. New Director <New> Kaoru Ishikawa: Outside Director 3. New Vi
Slide 14: Net Sales by Product Div. (FY2014-FY2017)
13/20 Net Sales by Product Div. (FY2014-FY2017) Unit: Million yen 82% %: Compared to previous term 104% 80,000 77,206 195 66,230 14,467 65,500 62,971 118 2,870 60,000 263 15,184 11,931 82% 10,211 86% 35,449 40,000 25,743 95% 25,027 27,238 77% 20,000 25,901 27,095 23,539 87% 26,676 113% 0 FY2014 Resu
Slide 15: Operating Profit by Product Div. (FY2014-FY2017)
14/20 Operating Profit by Product Div. (FY2014-FY2017) Unit: Million yen 5.4% Profitability=Profit/Sales 4,171 3.4% 4,000 3.2% 1,838 2,200 2,113 1.0% 6 370 630 52 2,000 113 133 1,909 4 2,215 1,919 2,011 921 0 -723 -786 -252 -616 -2,000 FY2014 Result FY2015 Result FY2016 Result FY2017 Plan Exchange 1
Slide 16: Reference: Net Sales by Market (FY2014-FY2017)
15/20 Reference: Net Sales by Market (FY2014-FY2017) Unit: Million yen %: Compared to previous term 77,206 80,000 66,230 7,119 65,500 62,971 7,606 60,000 21,178 8,077 113% 11,135 138% 19,341 18,982 90% 18,340 97% 40,000 32,207 22,591 20,960 87% 24,086 75% 20,000 16,691 16,700 11,825 71% 15,065 127%
Slide 17: FY2017 Priority Matters
16/20 FY2017 Priority Matters １. Increase sales and profits in the short term ① Enhance activities to improve profitability ② Secure sales in existing key markets ③ Generate profits through new business ２. Realize mid- to long-term growth ① Explore new markets ② Create new business by open innovatio
Slide 18: New teams formed to expand IoT business
17/20 New teams formed to expand IoT business ICT ① Strategy/Plan/Follow up ② IoT Products Planning/ OPEN INNOVATION Business Launch TECHNOLOGY Home ③ CUSTOMER STANDARD IoT Planning Dept. OIP* Dept. Appliance Cross-sectoral Development of IoT Business NEW Car Electronics ・ Industry・ Others *OIP=Open
Slide 19: Approach to IoT
18/20 Approach to IoT Cloud (Big Data + Algorithm + AI) Infrastructure Security Low Power Building Energy Home Biometric Wide Area Management Automation Authentication System 920MHz-band ECHONETLite™ IR blaster Communication Module Communication Module Adapter (Wired) with Sensor (e.g. SIGFOX) Threa
Slide 20: Challenge for Innovations
19/20 Theme of FY2017 Business Plan Challenge for Innovations
Slide 21: Notice
20/20 Notice All information in this material concerning the forecast of business achievements, projections of general business conditions and our business strategies is dependent on our conclusion made to a normally foreseeable extent applying information reasonably accessible to us at the time of