Meiko Electronics Co., Ltd. · TSE:6787
Meiko Electronics — Q3 FY2021 Earnings Presentation
8 slides from Meiko Electronics's earnings presentation, Feb 4, 2022
Slide 1: FY2021 Q3 Financial Results Briefing
FY2021 Q3 Financial Results Briefing February 4, 2022 （Securities Identification Code: 6787）
Slide 2: Forward-looking statements disclaimer
This presentation contains forward-looking statements concerning Meiko Group’s future plans, strategies and performance. However, Meiko does not publish this presentation as a disclosure document based on the Financial Instruments and Exchange Act of Japan. These forward-looking statements are not h
Slide 3: FY2021 Q3 Financial Results - Consolidated
FY2021 Q3 Financial Results - Consolidated （ 100 million yen） FY2020 FY2021 Year-on-year Q3 Q3 Diff. % Net sales 857 1,100 243 28.3% Operating 41 98 57 137.2% income 4.8% 8.9% Ordinary 19 99 80 422.5% income 2.2% 9.0% Net 13 79 66 521.1% income 1.5% 7.2% Average FX rate (JPY/USD) 105.53 111.47 2
Slide 4: Quarterly Net Sales and Operating Income
Quarterly Net Sales and Operating Income （100 million yen） 0.2 450 Net sales Operating income Operating Margin (Total) 0.18 400 405 0.16 362 350 336 333 0.14 325 315 300 303 307 299 292 289 0.12 273 10.6% 10.2% 250 257 0.1 243 8.8% 8.3% 43 200 7.7% 0.08 7.1% 7.2% 5.8% 150 32 5.7% 32 0.06 5.2% 4.5% 2
Slide 5: Net Sales and Operating Income by Product Application
Net Sales and Operating Income by Product Application （100 million yen） FY2020 FY2021 Year-on-Year Operating Operating Operating Net Sales income Net Sales income Net Sales income % % % Automotive 368 21 538 50 170 29 5.7% 9.3% 46.2% 138.1% Smartphone/ 206 14 243 30 37 16 Tablet 6.8% 12.3% 18.0% 114
Slide 6: Analysis of operating profit change FY20Q3 to FY21Q3
Analysis of operating profit change FY20Q3➡ FY21Q3 （100 million yen） FX: JPY105.53/USD FX: JPY111.47/USD 5
Slide 7: Net Sales by Product Application
Net Sales by Product Application （100 million yen） Automotive Smartphones/Tablets AI appliances/IoT Amusement Storage Office equipment Digital home appliances Other substrates EMS (4.0%) (7.3%) 44 80 FY2021 (48.8%) (22.1%) (4.4%) (2.1%) (8.1%) 1,100 Q3 538 243 48 23 89 (2.3%) (0.9%) 25 10 170(46.2%)
Slide 8: Net Sales by Product Specification
Net Sales by Product Specification （100 million yen） HDI PCB Six layers or more Four-layerPCB Double-sided PCB High Dissipation PCB Flexible PCB Other substrates EMS (3.5%) (2.2%) 39 24 FY2021 (41.6%) (21.0%) (20.8%) (2.0%) 22 1,100 Q3 457 231 229 (8.1%) (0.8%) 89 9 92 (25.2%) 71 (44.4%) 70 (44.0%)