Slide 1: Performance Briefings for FY2017 Q3
SUMIDA CORPORATION Performance Briefings < for FY2017 Q3 ending September 30, 2017 > October 30, 2017
Slide 2: Today's Speakers
Today’s Speakers Representative Executive Officer & President Tomoharu Suseki Representative Executive Officer & CFO Yoshiyuki Honda Copyright© 2016 SUMIDA CORPORATION. All rights reserved. 2
Slide 3: Today's Program
Today’s Program 1．FY2017 Q3 Consolidated Financial Results ＣＦＯ Yoshiyuki Honda 2. FY2017 Q3 Environments and Policies President Tomoharu Suseki 3. Q & A Session Copyright© 2015 SUMIDA CORPORATION. All rights reserved. 3
Slide 4: 2017 Q3 Consolidated Financial Results
2017 Q3 Consolidated Financial Results Yoshiyuki Honda CFO Copyright© 2017 SUMIDA CORPORATION. All rights reserved. 4
Slide 5: Consolidated Income Statement
Consolidated Income Statement (based on *IFRS) （Million yen） 16.Ｑ3 17.Q2 17.Q3 Change % Change % （A） （B) （C） （C)/(A) （C）/(B) S a l e s 19,876 21,768 23,164 16.5% 6.4％ G r o s s I n c o m e 3,930 3,989 4,021 GI % 19.8% 18.3% 17.4% Operating Income 1,849 1,780 1,774 △4.1％ △0.3％ OI % 9.3% 8.2% 7.7% Inc
Slide 6: Operating Income Analysis 2016 Q3 → 2017 Q3
Operating Income Analysis 2016 Q3 → 2017 Q3 （Million yen） FOREX Productivity impct Sales UP UP 100 /Product mix 180 220 China wages 2016 Q3 UP 2017 Q3 Operating △200 Copper price Operating Income UP Expenses R&D Exp. Income 1,848 △180 UP Others UP 1,774 △100 △60 △34 Operating income decreased due to
Slide 7: Operating Income Analysis 2017 Q2 → 2017 Q3
Operating Income Analysis 2017 Q2 → 2017 Q3 （Million yen） FOREX Productivity UP impact Sales UP 60 100 /Product mix 2017 Q2 180 2017 Q3 Operating Expenses Operating R&D exp. Income UP Income UP China wages 1,780 △130 1,774 △70 UP Others △70 △76 Copyright© 2017 SUMIDA CORPORATION. All rights reserved
Slide 8: Consolidated Income Statement for first nine months
Consolidated Income Statement for first 9 months （Million yen） For 9 months For 9 months Ending Sep. 30 Ending Sep. 30 Change % 2016 2017 （A） （C） （C)/(A) S a l e s 61,401 66,532 8.4% G r o s s I n c o m e 11,393 11,710 GI % 18.6% 17.6% O p e r a t i n g I n c o m e 5,009 5,120 2.2% OI % 8.2% 7.7% In
Slide 9: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position (based on IFRS) （Million yen） 2016 2017 2016 2017 Change Change Dec 31 Sep 30 Dec 31 Sep 30 Current Assets 36,720 44,188 7,467 Current Liabilities 26,735 37,386 10,650 Trade & Other Cash & Deposits 3,546 5,809 2,263 9,543 10,653 1,109 liabilities Trade &
Slide 10: Consolidated Statement of Cash Flow
Consolidated Statement of Cash Flow （Million yen） 9 months thru 9 months thru Change Sept 30, 2016 Sept 30, 2017 Cash Flow from Operating Activities 5,891 3,042 △2,849 Income before Taxes 4,379 4,678 298 Depreciation & Amortization 2,132 2,390 257 Net Working Capital 255 △2,727 △2,983 Others △875 △1
Slide 11: Impact by Fluctuations of Foreign Exchange Rates
Impact by Fluctuations of Foreign Exchange Rates （Million yen） FY2017 Impact on FY2017（Forecast） Plan Fluctuation of Currencies Exchange yen Operating Rates Sales Income Appreciation by USD 114.00 every 1 yen 207 △8 Appreciation by euro 121.00 every 1 yen 220 32 Appreciation by renminbi 16.40 every
Slide 12: 2017 Q3 Environments and Policies
2017 Q3 Environments and Policies Tomoharu Suseki President Copyright© 2016 SUMIDA CORPORATION. All rights reserved.
Slide 13: Business Environments by Market
Business Environments by Market Automotive Market Overall market is expanding despite continued slowing down in the U.S. The number of EV/HEV- related development projects are on the rise. Industry Market Demands for FA-related in China continue expanding. Also expanding is demand for livestock-rela
Slide 14: Sales 2016 Q3 → 2017 Q3
Sales 2016 Q3 → 2017 Q3 (‘00 million yen） 2016 2017 231.6 Biggest-ever quarterly 206.0 209.2 216.0 217.7 sales in 2017 Q3 198.8 196.5 Yen’s appreciation contributed to sales increase from 2016. Consumer Electronics sales peak in Q3 as Q1 Q2 Q3 Q4 Q1 Q2 Q3 seasonal demand USD 117.22 110.92 103.02 106
Slide 15: Sales by Market 2016 Q3 → 2017 Q3
Sales by Market 2016 Q3 → 2017 Q3 （’00 million yen） Automotive + 11.4% 144.64 129.84 Sales increased in all markets Automotive : Keyless Entry 2016 Q3 2017 Q3 Industry: FA-related in China Industry Consumer Electronics: 32.4 + 22.2% 39.59 Smartphone-related 2016 Q3 2017 Q3 Especially, smartphone-rel
Slide 16: Sales by Region 2016 Q3 → 2017 Q3
Sales by Region 2016 Q3 → 2017 Q3 （’00 million yen） Japan/Korea/S’ pore Greater China + 30.5% Sales increased in all regions + 13.8% 60.90 46.65 40.53 46.13 Asia: Smartphone- & 2016 Q3 2017 3Q 2016 Q3 2017 Q3 FA-related in China North America/Others Europe Europe: Automotive ＋12.8% 106.22 94.18 Nort
Slide 17: Operating Income 2016 Q3 → 2017 Q3
Operating Income 2016 Q3 → 2017 Q3 （’00 million yen） Operating Income (IFRS) 18.49 Operating income 17.74 slightly declined from 2016 due to; Copper price increase Growth in R&D expenditures Special cost to provide Mexico plant with support from Europe 2016 Q3 2017 Q3 Copyright© 2017 SUMIDA CORPORAT
Slide 18: Future Trends
Future Trends Positive Trends Expansion of Keyless-related sales Expansion of EV/HEV-related sales Expansion of Industry-related sales Possible Concerns Production slowing down in EU due to Christmas season Changing trend of automotive business in the U.S. Copper price increase Slowing down of HID-r
Slide 19: EV/HEV Applications
EV/HEV Applications Copyright© 2017 SUMIDA CORPORATION. All rights reserved. 19
Slide 20: EV/HEV Applications EV (Car)
EV/HEV Applications EV (Car) Battery Management System Motor PCU Battery On-board Charger Contactless Plug in Charger Stand Copyright© 2017 SUMIDA CORPORATION. All rights reserved. 20
Slide 21: Disclaimer Regarding Forward Looking Statements
Disclaimer Regarding Forward Looking Statements SUMIDA CORPORATION (referred to as "Sumida") makes this document available for informational purposes only. This document contains certain “forward-looking statements” which reflect management’s current views and the assumptions made with respect to sp