Nihon Dempa Kogyo Co., Ltd. · TSE:6779
Nihon Dempa Kogyo — 1H FY2022 Earnings Presentation
32 slides from Nihon Dempa Kogyo's earnings presentation, Nov 17, 2022
Slide 1: First-Half Results for Fiscal 2022 (Ended March 31, 2023)
First-Half Results for Fiscal 2022 (Ended March 31, 2023） Nihon Dempa Kogyo Co., Ltd. November 17, 2022 [Note] Statements made in this presentation with respect to our current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements a
Slide 2: Contents
＜Contents＞ １．First-Half Results for FY2022 (Ending March 31, 2023) ２．Full-Year Outlook for FY2022 (Ending March 31, 2023) ３．Vision 2030 Presented by Hiromi Katoh, Representative Director and President Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved 2
Slide 3: Consolidated Financial Results (First Half)
1. First-Half Results for FY2022 (Ending March 31, 2023) Consolidated Financial Results (First Half) ◼ Net sales increased 19% YoY to ￥26.5 billion, with operating income of ￥4.0 billion, up 42% YoY. ◼ Operating income ratio rose to 15.3%. Both sales and profit marked an increase YoY even excluding
Slide 4: Sales by Application (Year on Year)
1. First-Half Results for FY2022 (Ending March 31, 2023) Sales by Application (Year on Year) ◼ Sales rose particularly for automotive electronics by ￥4.3 billion YoY. This included approximately ￥2.3 billion resulting from the yen’s depreciation. Net sales Factors of Increase/Decrease (Billion yen)
Slide 5: Operating Income - Analysis of Changes from FY2021
1. First-Half Results for FY2022 (Ending March 31, 2023) Operating Income - Analysis of Changes from FY2021 ◼ Profits increased YoY thanks to, in addition to sales increase and the yen’s depreciation, improved profitability of automotive electronics. (Billion yen) +¥1.77 billion +0.70 +0.36 +3.79 +1
Slide 6: Consolidated Financial Results (Quarterly)
1. First-Half Results for FY2022 (Ending March 31, 2023) Consolidated Financial Results (Quarterly) ◼ Net sales increased in the second quarter of FY2022 to reach ￥14.0 billion. ◼ Operating income ratio (excluding temporary factors) surpassed the 15% level in the second quarter of FY2022. 売上高 Net Sa
Slide 7: Sales by Application - Sales by Key Application
1. First-Half Results for FY2022 (Ending March 31, 2023) Sales by Application - Sales by Key Application ◼ The level of sales of automotive electronics continued to grow in the first half of FY2022, due to improved trading conditions and the impact of the yen’s depreciation. ◼ Sales of industrial eq
Slide 8: Consolidated Financial Position
1. First-Half Results for FY2022 (Ending March 31, 2023) Consolidated Financial Position ◼ The financial position has steadily improved due to the build-up of profits, after the redemption of the Class A shares and a public offering. Received ¥5 billion Approx. ¥4.0 billion was raised by investment
Slide 9: Contents
＜Contents＞ １．First-Half Results for FY2022 (Ending March 31, 2023) ２．Full-Year Outlook for FY2022 (Ending March 31, 2023) ３．Vision 2030 Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved 9
Slide 10: Consolidated Financial Forecast - Upward Revision to Initial Forecast
2. Full-Year Outlook for FY 2022 (Ending March 31, 2023) Consolidated Financial Forecast - Upward Revision to Initial Forecast ◼ Raised the net sales forecasts by ￥4.0 billion and operating income forecasts by￥3.0 billion from the initial forecast. ◼ The yen exchange rate against the dollar for the
Slide 11: Consolidated Financial Forecast (Year on Year)
2. Full-Year Outlook for FY 2022 (Ending March 31, 2023) Consolidated Financial Forecast (Year on Year) ◼ Full-year FY2022 net sales are forecast to increase by slightly less than 20% YoY and operating income to increase 54%. (Million yen) FY2021 Full- FY2022 YoY Year Result 1H Result 2H Forecast Fu
Slide 12: Sales Forecast by Application
2. Full-Year Outlook for FY 2022 (Ending March 31, 2023) Sales Forecast by Application ◼ Sales are expected to increase in the second half centering at automotive electronics and mobile communications. FY2021 FY2022 Forecast (Billion yen) Factors of Increase/Decrease Full Year 1H 2H Full Year The le
Slide 13: Operating Income - Analysis of Changes from FY2021
2. Full-Year Outlook for FY 2022 (Ending March 31, 2023) Operating Income - Analysis of Changes from FY2021 ◼ Profits are expected to increase YoY thanks to, in addition to sales increase and the yen’s depreciation, the favorable effects of improving profitability of automotive electronics and 76.8M
Slide 14: Contents
＜Contents＞ １．First-Half Results for FY2022 (Ending March 31, 2023) ２．Full-Year Outlook for FY2022 (Ending March 31, 2023) ３．Vision 2030 Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved 14
Slide 15: Vision2030 Structure
3. Vision 2030 Vision2030 Structure Vi s i o n 2 0 3 0 Creating the Future of Digital Society through Frequencies Human Resource Societal Value Economic Value Value Support digital Explore new domains and Nurture human technology to realize a become a 6G top runner resources to bring society with su
Slide 16: What Are Frequencies?—The Roles of Frequencies in Our Society
3. Vision 2030 What Are Frequencies?—The Roles of Frequencies in Our Society Enabling stable smartphone and Connecting wireless communication (such as Wi- communication with Fi) and navigation (GNSS) by precise radio waves securing precise frequencies. Synchronized timing between Taking Control send
Slide 17: Support Digital Technology to Realize a Society with Sustainable Prosperity and Peace
Support Digital Technology to Realize a Society with Sustainable Prosperity and Peace Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved
Slide 18: NDK Supports Digital Technology to Realize a Society with Sustainable Prosperity and Peace
3. Vision 2030 NDK Supports Digital Technology to Realize a Society with Sustainable Prosperity and Peace Sustainable prosperity and peace Products leveraging digital technology Next-gen communications Mobility infrastructure Medical robots Smartphones IoT appliances Drones Satellites Smart factorie
Slide 19: Overall Picture of ESG Strategies
3. Vision 2030 Overall Picture of ESG Strategies Accelerating Efforts to Achieve Carbon Neutrality by 2050 ◼ Improvement in power consumption efficiency Reduce electricity usage Scope 1 and 2 through energy saving strategies ◼ Greening of energy through procurement of electricity Greener power E fro
Slide 20: Road Map to Achieve Carbon Neutrality by 2050
3. Vision 2030 Road Map to Achieve Carbon Neutrality 2030 by 2050 Goal 2013 comparison Achieve carbon neutrality -46％ Promotion of Green Crystal Technology • Improve energy efficiency through energy-saving measures Facilities • Create next-generation factories by accelerating facility Energy conserv
Slide 21: Concept of Green Crystal Technology
3. Vision 2030 Concept of Green Crystal Technology Calculation of product life cycle Eco-friendly products with CO₂ emissions using the low voltage operation & environmental LCA method longer battery life Miniaturization of products & Eco-friendly products that improvement of power- reduce environme
Slide 22: Explore New Domains and Become a 6G Top Runner
Explore New Domains and Become a 6G Top Runner Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved
Slide 23: Vision2030 Management Targets
3. Vision 2030 Vision2030 Management Targets Aim to achieve ¥100 billion in net sales by developing new domains as well as growing existing ones aligned with the advancement of digital society. Aim for 20% operating income ratio by maintaining our highly profitable structure, and value-added busines
Slide 24: Business Opportunities and Technology Deployment toward Vision2030
3. Vision 2030 Business Opportunities and Technology Deployment toward Vision2030 Sophistication of communication Further expansion and evolution of the standards (from 5G to 6G) IoT society (Dramatic increase/expansion of wireless communication demand & applications) Create countless business oppor
Slide 25: NDK's Core Competencies and Business Development
3. Vision 2030 NDK’s Core Competencies and Business Development Established a position in the industry by Endeavors toward a new business model accumulating technologies from are in progress and technology is integrated production steadily accumulating Business development NX1008AA NH9050SA NX3225GB
Slide 26: The Establishment of the New Business Development Office
3. Vision 2030 The Establishment of the New Business Development Office T h e M i s s i o n o f t h e N e w B u s i n e s s D e ve l o p m e n t Of f i c e Formalize strategies (select target domains, establish themes, formulate business concepts, etc.) and handle business development in the search
Slide 27: Initiatives for the Post-5G Era
3. Vision 2030 Initiatives for the Post-5G Era Post-5G: Enhancing 5G's ultra-low latency, multiple simultaneous connections, and other features to address "Beyond-5G" expected to start in 2030 Expected to be used in a variety of applications, including automated driving, smart manufacturing, and ind
Slide 28: Transition in Communication Standards and Opportunities for NDK Business Expansion
3. Vision 2030 Transition in Communication Standards and Opportunities for NDK Business Expansion ◼ Begin deliberations on the development of business during the period of Medium -Term Management Plan to become a 6G top runner Expansion of market and opportunities Expansion of use cases of NDK produ
Slide 29: Nurture Human Resources to Bring Innovation to the World and to Our Future
Nurture Human Resources to Bring Innovation to the World and to Our Future Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved
Slide 30: NDK Nurtures Human Resources to Bring Innovation to the World and to Our Future
3. Vision 2030 NDK Nurtures Human Resources to Bring Innovation to the World and to Our Future Human resources that will bring innovation to the S t r u c t ur e world and to our future ⚫ Investing in our employees and education systems NDK employees ⚫ Flexible evaluation ⚫ DX-based Quality Challeng
Slide 31: Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved
Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved
Slide 32: Thank you everyone for your time
Thank you everyone for your time For IR inquiries: Corporate Planning Group, Nihon Dempa Kogyo Co., Ltd. Mail: irmaster@ndk.com Copyright © 2022 Nihon Dempa Kogyo All Rights Reserved 32