Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — Q1 FY2022 Earnings Presentation
13 slides from Oki Electric Industry's earnings presentation, Aug 10, 2022
Slide 1: Financial Results for Q1 of the FY Ending March 31, 2023
Oe Financial Results for Q1 of the FY Ending March 31, 2023 August 10, 2022 Oki Electric Industry Co., Ltd. © Copyright 2022 Oki Electric Industry Co., Ltd. 1
Slide 2: Q1 sales, operating loss and supply chain overview
In Q1, sales were JPY78.1 billion, operating loss was JPY3 billion, and loss attributable to owners of parent was JPY3.2 billion, almost the same level as the previous year. First, let me explain the impact of the supply chain. In the market as a whole, there has been an increase in distribution
Slide 3: Average exchange rates for the period
period was JPY129.6 to the US dollar, a depreciation of JPY20.1 from the previous year, and JPY138.1 to the euro, also depreciation of JPY6.1. 2
Slide 4: Net sales and operating income by segment
Net sales and operating income by segment. In the Solution Systems business, net sales increased by JPY2.2 billion from the previous year to JPY36.1 billion due to the impact of projects that were postponed from the previous year due to difficulties in procuring parts and materials. In the Com
Slide 5: Supply chain impact on operating income
First, the total impact of the supply chain on operating income was a negative JPY3.2 billion. The breakdown of the impact was JPY1.5 billion due to a decrease in production and sales, and a total of JPY1.7 billion due to an increase in material and transportation costs. Breaking down the supply c
Slide 6: Business overview of Solution Systems Business
Business overview of Solution Systems Business. Overall sales in the Solution Systems business increased due to projects for telecommunications carriers in the enterprise domain, which were postponed to the current fiscal year due to delays in the delivery of parts and materials. In terms of p
Slide 7: Business overview of Components & Platforms Business
Business overview of Components & Platforms Business. In the Mono-zukuri Platform business, sales increased YoY due to continued strong business for FA/semiconductor manufacturing equipment, although this business was also affected by the procurement of materials. In the Components business, s
Slide 8: No significant change in composition of assets and liabilities
There is no significant change in the composition of each asset and liability. Total current assets have not changed significantly from the end of March. Looking at the breakdown, while trade receivables decreased due to collection, inventories increased further from the end of March, and the to
Slide 9: Free cash flow
Free cash flow decreased by JPY4.9 billion. As explained earlier, working capital has increased due to securing parts and materials for supply chain impact countermeasures and increased inventories due to shipping delays, etc., resulting in a deterioration compared to the previous year. However,
Slide 10: (Reference) Quarterly Results
Oe (Reference)Quarterly Results (Billion yen) Net Sales FY2022/3 FY2023/3 1Q 2Q 3Q 4Q FY 1Q Solution Systems 33.9 35.0 38.7 55.0 162.6 36.1 Components & 45.9| 448] 47.8| 50.5| 189.0 41.9 Platforms Others 0.1 0.1 0.4 0.1 0.4 0.1 Total 79.9 79.9 866) 1057] 3521 78.1 Operating FY2022/3 FY2023/3 Income
Slide 11: (Reference) Major Products and Services
(Reference) Major Products and Services CO Solution Systems = Public Solutions + Roads (ETC, VICS), air traffic control, disaster preparedness, fire prevention + Business systems for central government offices, government statistics systems + Defense systems (underwater acoustics, information) + Inf
Slide 12: Notice
CO Notice conditions. follow: ¢ The projections and plans in this material are based on information currently available to OKI as of the date of publication and certain assumptions judged as rational, therefore actual results are subject to change depending upon the changes of business environments
Slide 13: ORB I rains
ORB I rains © Copyright 2022 Oki Electric Industry Co., Ltd. 12
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