Slide 1: Financial Results for FY2018.12
Financial Results for FY2018.12 February 14, 2019 Nissha Co., Ltd. President and CEO Junya Suzuki
Slide 2: Highlights
Highlights FY2018.12 Results Increased in both profit and income YoY (1USD=JPY109) Net sales 207.4 billion yen, EBITDA 17.3 billion yen, Operating profit 8 billion yen, Ordinary profit 7.3 billion yen, Net profit 4.3 billion yen Devices: Demand expanded in the 2nd half but sharply flopped in D
Slide 3: FY2018.12 Results
FY2018.12 Results Increase both in profit and income. Net sales reached a record high. Over 20% YoY growth in net sales of Medical Technologies(Millions of JPY) 2017 FY2018.12 (Jan.-Dec.) (Jan.-Dec.) Results Results YoY＊ Net sales 193,481 ✔ 207,404 +7.2% Industrial Materials 49,409 47,124 -4.6% Devi
Slide 4: FY2018.12 Oct.-Dec. Results
FY2018.12 Oct.-Dec. Results Profitability improved in YoY basis and sustained in QoQ basis (Millions of JPY) FY2017.12 FY2018.12 FY2018.12 Oct.-Dec. Jul.-Sep. Oct.-Dec. Results Results Results YoY QoQ Net sales 64,503 68,318 66,544 +3.2% -2.6% Industrial Materials 13,088 11,180 12,606 -3.7% +12.8% D
Slide 5: Industrial Materials
Industrial Materials Demand for automotive and metallized paper progressed steadily Net sales trend by application (by quarter) （Millions of JPY) ■High-function Packaging Materials 15,000 ■Decoration (Others) ■Decoration (Automotive) 13,088 12,500 12,126 11,886 12,309 11,775 11,563 11,180 12,606 10,
Slide 6: Devices
Devices Q4 results underperformed to Q3 results due to sharp drop in demand in December Net sales trend by application (by quarter) ■Portable game players, Industrial equipment, Automotive, Gas sensors and others 48,029 ■Smartphones, Tablet devices and others 43,500 （Millions of JPY) 41,917 40,000 3
Slide 7: Medical Technologies
Medical Technologies Business size up through the acquisitions of 3 companies Net sales trend by application (by quarter) ■Business media 6,336 ■Medical Devices (Own brand) 6,028 ■Medical Devices (Contract manufacturing) （Millions of JPY) 5,085 5,107 5,000 4,880 4,461 4,535 4,114 2,500 0 Jan.-Mar. 1
Slide 8: Information and Communication
Information and Communication Net sales trend by application (by quarter) （Millions of JPY) 5,000 ■Others ■Publication printing ■Commercial printing 4,310 3,873 3,974 3,772 3,347 3,016 3,121 2,967 2,500 0 1-3⽉ Jan.-Mar. 4-6⽉ Apr.-Jun. 7-9⽉ Jul.-Sep. 10-12⽉ Oct.-Dec. 1-3⽉2 Jan.-Mar. 1-3⽉ 4-6⽉3 Apr.-J
Slide 9: Update on The 6th Medium-term Business Plan
Update on The 6th Medium-term Business Plan (2018-2020) NISSHA CONFIDENTIAL PROPRIETARY
Slide 10: Focused markets in the Plan
Focused markets in the Plan IT Medical Devices Industrial Materials Devices Medical Technologies Automotive High-function Packaging Materials Industrial Materials Devices Industrial Materials NISSHA CONFIDENTIAL PROPRIETARY 10
Slide 11: Strategy in FY2019, the 2nd year of the 6th Medium-term Business Plan
Strategy in FY2019, the 2nd year of the 6th Medium-term Business Plan To promote growth in Medical Devices, To sustain and seek High-function Packaging Materials, and for profitability and Automotive, through M&A as an option efficiency in IT Done Medical Devices IT About 28 Further growth billi
Slide 12: Accelerate growth for Medical Devices and move in high gear for DDS
Medical Devices Accelerate growth for Medical Devices and move in high gear for DDS Medical Devices Drug Delivery System (DDS) Contract manufacturing: To extend Business opportunity: Dosage form development and design capabilities change from general dosage like pills, Own brand: To enrich
Slide 13: Focus on sustainable packaging material
High-function Packaging Materials Focus on sustainable packaging material Demand increase for recyclable packages in EU and other regions More business opportunities for To bring more new packaging metallized paper materials into market Metallized paper is sustainable and High-function and
Slide 14: Introduce new products for automotive
Automotive Introduce new products for automotive Sustainable Autonomous society driving Fuel cell vehicle Exterior Hydrogen detector Functional part Decoration part Interior comfort Connectivity Interior Interface Decoration film and part Touch sensor New materials and Force se
Slide 15: Sustain profitability and efficiency
IT Sustain profitability and efficiency Business opportunity 2017 2018 2019 Number of models 2017 model 2018 models Trend 2019 models Display gets larger Number of models with our touch sensor film has been increasing Our advantages Nissha and Lens Technologies Launch in 2019 Quality Production Te
Slide 16: Seeking for both corporate value and shareholder value
Seeking for both corporate value and shareholder value M&A: Medical Devices, High-function Packaging Materials, Automotive Budget for 3 years: JPY 31.5 billion Investment for growth Capital investment: Mainly for maintenance * 3 years: Term for the 6th Medium-term Business Plan Dividend 20
Slide 17: 2019/12 Forecast
2019/12 Forecast No company acquisitions included, based on ￥105/$ (Millions of JPY) 2018.12 2019.12 2019.12 2019.12 (Jan.-Dec.) (Jan.-Dec.) H1 H2 YoY Results Forecast (Jan.-Jun.) (Jul.-Dec.) Forecast Forecast Net sales 207,404 195,000 78,000 117,000 -6.0% Industrial Materials 47,124 51,800 24,800 2
Slide 18: Reference: Capital investment, Depreciation and R&D
Reference: Capital investment, Depreciation and R&D Capital investment Depreciation R&D （Millions of JPY） （Millions of JPY） （Millions of JPY） 15,000 15,000 5,000 9 months 9,063 4,000 9 months 12,267 9 months 2,387 * 3,865 * 10,000 10,000 3,600 * 10,622 9,600 3,000 8,900 * 8,351 7,672 * 2,422 7,105 2
Slide 19: Reference: Capital investment, Depreciation, M&A investment, Amortization of goodwill, R&D
Reference: Capital investment, Depreciation, M&A investment, Amortization of goodwill, R&D （Million of JPY） FY2018.12 Q1 FY2018.12 Q2 FY2018.12 Q3 FY2018.12 Q4 (Jan.-Mar.) (Apr.-Jun.) (Jul.-Sep.) (Oct.-Dec.) results results results Results Capital 3,431 1,745 3,485 1,961 investment Depreciation 1,95
Slide 20: Confidentiality notice
This document contains confidential information and all rights regarding the document belong to Nissha Group. Therefore, any disclosure and/or leakage of the document to any third parties other than recipients of the documents, and copy, transfer and/or citation of the document without the prior aut