Unipres Corporation · TSE:5949

Unipres — Q3 FY2020 Earnings Presentation

28 slides from Unipres's earnings presentation, 2020

  1. Slide 1: FY2020 3rd Quarter Financial Results

    FY2020 3rd Quarter Financial Results

  2. Slide 2: FY2020 3Q Financial Results / Forecast of FY2020

    FY2020 3Q Financial Results Forecast of FY2020 Copyright© UNIPRES CORPORATION, All Rights Reserved. 2

  3. Slide 3: FY2020 3Q Financial Results

    FY2020 3Q Financial Results Copyright© UNIPRES CORPORATION, All Rights Reserved. 3

  4. Slide 4: Key Highlights for Q3, FY2020 (consolidated-basis)

    Key Highlights for Q3, FY2020 (consolidated-basis) 1. Net sales sharply decreased mainly due to the production cutbacks and shutdown of the operations associated with customers' reduced production that were caused by the global spread of corona virus (COVID-19) infection in addition to Forex impact.

  5. Slide 5: Summary of Q3, FY2020

    Summary of Q3, FY2020  Net sales decreased by 63.4 billion yen mainly due to the production cutbacks and shutdown of the operations associated with customers' reduced production that were caused by the global spread of corona virus (COVID-19) infection in addition to Forex impact.  Operating profi

  6. Slide 6: Consolidated Sales by Product Group

    Consolidated Sales by Product Group (billion yen) 3Q, FY2019 3Q, FY2020 Variance Variance Sales % Sales % % Car body press products 185.3 84.1% 130.3 83.1% -55.0 -1.0% Transmission products 30.9 14.0% 22.3 14.2% -8.6 +0.2% Plastic 2.8 1.3% 2.2 1.4% -0.6 +0.1% products Other 1.2 0.6% 2.0 1.3% +0.8 +0

  7. Slide 7: Consolidated Sales by Customer (Nissan Motor-related products)

    Consolidated Sales by Customer（Nissan Motor-related products）  The composition ratio decreased by 1.7% mainly because of sales decrease of Nissan North America and Nissan Europe. 3Q, FY2019 3Q, FY2020 (billion yen) Variance Sales % Sales % Nissan Motor-related products Sub-total 182.7 83.0% 127.4 8

  8. Slide 8: Consolidated Sales by Customer (Other Customers)

    Consolidated Sales by Customer (Other Customers)  The composition ratio rose by 1.7% due to sales increase of Groupe PSA and AISIN AW CO.,LTD. 3Q, FY2019 3Q, FY2020 (billion yen) Variance Sales % Sales % Other customers Sub-total 37.5 17.0% 29.4 18.7% +1.7% Incl.) Honda of America Mfg., Inc. 4.8 2.

  9. Slide 9: Operating Profit Variance Analysis

    Operating Profit Variance Analysis (billion yen) 5 3.7 0 -2.5 -5 -20.5 -16.5 -10 -15 -0.2 -0.4 0.2 0.7 -1.5 0.2 -1.4 2.7 -20 Volume fluctuation parts new car model Initial cost for adjustment Consolidation reinforcement Production Others amortization Depreciation/ FY2019 Cost saving & model mix etc.

  10. Slide 10: Sales/Operating Profit by Region (Japan)

    Sales/Operating Profit by Region (Japan)  Net sales dropped by 24.5% due to customers' reduced production caused by the spread of corona virus and other factors.  Operating profit was lost by 9.6 billion yen because of the increase of new model parts launching cost, etc. (billion yen） （billion yen

  11. Slide 11: Sales/Operating Profit by Region (The Americas)

    Sales/Operating Profit by Region (The Americas)  Net sales dropped by 33.7% due to customers’ reduced production and shutdown of the customers' operations in response to the stay-at-home order and movement control order that had been caused by the spread of corona virus in addition to Forex impact.

  12. Slide 12: Sales/Operating profit by Region (Europe)

    Sales/Operating profit by Region (Europe)  Net sales dropped by 37.8% due to customers' reduced production caused by the spread of corona virus and Forex impact, etc.  Operating profit was lost by 3.5 billion yen. （billion yen） （billion yen） Net sales Operating profit 40 1 0.5 0 30 -0.8 -1 20 -3.5

  13. Slide 13: Sales/Operating Profit by Region (Asia)

    Sales/Operating Profit by Region (Asia)  Net sales dropped by 24.5% due to customers’ reduced production and shutdown of the customers' operations in response to the stay-at-home order and movement control order that had been caused by the spread of corona virus in addition to Forex impact.  Opera

  14. Slide 14: Capital Investment

    Capital Investment （billion yen） 40 37.9 Domestic business results Annual plan Overseas business results (32.0) 31.2 30 14.2 23.1 11.8 22.2 20 9.1 8.0 23.7 10 19.4 14.0 14.2 0 FY2017 FY2018 FY2019 3Q, FY2020 Copyright© UNIPRES CORPORATION, All Rights Reserved. 14

  15. Slide 15: Capital Investment & Depreciation/Amortization

    Capital Investment & Depreciation/Amortization （billion yen） 40 設備投資 Capital investment 減価償却費 Depreciation / amortization Annual plan (32.0) 30 Annual plan (21.5) 20 37.9 31.2 23.1 10 18.5 19.5 22.2 18.3 15.4 0 FY2017 FY2018 FY2019 3Q, FY2020 Copyright© UNIPRES CORPORATION, All Rights Reserved. 15

  16. Slide 16: Cash Flows

    Cash Flows (billion yen) 30 Cash flow from operating activities Cash flow from investing activities Free cash flow 20 11.5 5.6 27.5 23.0 20.6 21.0 10 19.4 19.4 11.5 15.0 0 3.2 -3.8 -10 -24.3 -24.8 -20 -30 FY2016 FY2017 FY2018 FY2019 FY2020 3Q 3Q 3Q 3Q 3Q Copyright© UNIPRES CORPORATION, All Rights Re

  17. Slide 17: Interest-bearing Debt & Net Interest-bearing Debt Balance

    Interest-bearing Debt & Net Interest-bearing Debt Balance  Interest-bearing debts increased by 24.2 billion yen compared with the end-March, 2020.  Net interest-bearing debts including cash and deposits was 51.8 billion yen. （billion yen） 80 長期借入金 Long-term loans payable Interest-bearing debt bala

  18. Slide 18: Forecast of FY2020

    Forecast of FY2020 Copyright© UNIPRES CORPORATION, All Rights Reserved. 18

  19. Slide 19: 2020 Consolidated Business Forecast Highlights

    2020 Consolidated Business Forecast Highlights 1. Net sales forecast to customers’ production decreased and Forex impact. 2. Operating profit forecast to decrease due to sales decline. Copyright© UNIPRES CORPORATION, All Rights Reserved. 19

  20. Slide 20: Consolidated Business Forecast for FY2020

    Consolidated Business Forecast for FY2020 Financial performance 40 400 売 Net sales (billion yen) 327.7 Operating profit (billion yen) Net sales 295.6 上 30 238.0 300 233.0 高 Operating profit （ 営 20 200 億 業 円 10 20.1 100 ） 利 益 0 3.3 0 （ -7.5 億 -12.0 円 -10 -100 ） -20 -200 FY2020 FY2020 FY2018 FY2019（A）

  21. Slide 21: Forecast of Operating Profit Variance Analysis

    Forecast of Operating Profit Variance Analysis (billion yen) 5 ※Others ：0 3.3 0 -5 -18.4 -12.0 -10 -0.4 0.6 -0.2 1.0 1.1 -15 2.6 -1.6 -20 Volume fluctuation parts new car model Initial cost for amortization Depreciation/ reinforcement Production adjustment Consolidation Forex SG&A Cost saving & mode

  22. Slide 22: Sales/Operating Profit by Region (Japan)

    Sales/Operating Profit by Region (Japan)  Sales is expected to decrease because of production cut by customer etc.  Operating income is expected to be lower. (billion yen) Net sales (billion yen) Operating profit 150 10 5 100 6.8 0 50 98.5 88.2 -8.5 73.9 -5 -9.4 0 -10 FY2018 FY2019 FY2020 FY2018 F

  23. Slide 23: Sales/Operating Profit by Region (the Americas)

    Sales/Operating Profit by Region (the Americas)  Sales is expected to decrease because of production cut by customer etc.  Operating income is expected to be lower. (billion yen) Net sales (billion yen) Operating profit 150 10 100 5 6.4 4.1 50 99.9 0 88.7 66.2 -2.6 0 -5 FY2018 FY2019 FY2020 FY2018

  24. Slide 24: Sales/Operating Profit by Region (Europe)

    Sales/Operating Profit by Region (Europe)  Sales is expected to decrease because of production cut by customer etc.  Operating income is expected to be lower. (billion yen) Net Sales (billion yen) Operating profit 50 2 40 1.0 0 30 -0.9 20 36.7 35.2 -3.7 -2 10 23.2 0 -4 FY2018 FY2019 FY2020 FY2018

  25. Slide 25: Sales/Operating Profit by Region (Asia)

    Sales/Operating Profit by Region (Asia)  Sales is expected to decrease because of production cut by customer etc.  Operating income is expected to be lower. (billion yen) Net Sales (billion yen) Operating profit 100 10 50 5 92.5 83.3 8.4 69.6 7.0 3.3 0 0 FY2018 FY2019 FY2020 FY2018 FY2019 FY2020 (

  26. Slide 26: UNIPRES

    <4 D> UNIPRES

  27. Slide 27: Exchange Rate Reference

    Exchange Rate Reference Preconditions of （yen） 3Q, FY2019 3Q, FY2020 FY20 forecast Average for Average for the period term end the period term end At first Full year US $ 108.89 109.55 105.55 103.52 105.60 105.04 STG ￡ 138.73 132.67 136.60 136.01 132.00 136.92 EURO 122.36 118.04 121.13 124.16 119.70

  28. Slide 28: Precautions for treatment of material

    Precautions for treatment of material The future outlook of the Company mentioned in this presentation material was prepared based on information available to the Company that point in time. This is absolutely an expectation about the future at this point in time, which contains risks and uncertain

Unipres — Q3 FY2020 Earnings Presentation on 6ix