Slide 1: Financial Results of FY2020
=_» UNIPRES UNIPRES CORPORATION Financial Results of FY2020 UNIPRES CORPORATION
Slide 2: Agenda
Full-year Results for Fiscal Year 2020 Forecast of Fiscal Year 2021 Medium-term Management Plan Copyright© UNIPRES CORPORATION, All Rights Reserved. 2 2
Slide 3: Full-year Results for Fiscal Year 2020
Full-year Results for Fiscal Year 2020 Copyright© UNIPRES CORPORATION, All Rights Reserved. 3 3
Slide 4: Fiscal Year 2020 Financial Highlights
Fiscal Year 2020 Financial Highlights 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. 2. A loss in
Slide 5: Consolidated Financial Results for FY2020
Consolidated Financial Results for FY2020 Net sales decreased by 61.1 billion yen mainly due to, in addition to Forex impact, the production cutbacks and shutdown of the operations associated with customers' production decline that were caused by the global spread of the COVID-19 infection. Oper
Slide 6: Consolidated Financial Results by Quarter
Consolidated Financial Results by Quarter Although the both sales and profit for the year were in decline, recovery was made every quarter and positive profit was achieved at the fourth quarter. (billion yen) Net sales (billion yen) Operating profit 100 10 5 5.1 50 0 -1.2 77.6 68.8 -6.1 -5 -9.1 41
Slide 7: Consolidated Sales by Product Group
Consolidated Sales by Product Group (billion yen) FY2019 FY2020 Variance Variance % Sales % Sales % Car body press products 249.8 84.5% 195.9 83.5% -53.9 -1.0% Transmission products 40.3 13.7% 33.1 14.1% -7.2 +0.4% Plastic 3.7 1.2% 3.0 1.3% -0.7 +0.1% products Other 1.8 0.6% 2.5 1.1% +0.7 +0.5% Tota
Slide 8: Consolidated Sales by Customer (Nissan Motor-related Products)
Consolidated Sales by Customer（Nissan Motor-related Products） The composition ratio decreased by 0.4% mainly due to declining sales of Nissan Europe. (billion yen ) FY2019 FY2020 Variance Sales % Sales % Nissan Motor-related products Sub-total 242.3 81.9% 191.2 81.5% -0.4% Dongfeng Motor Company L
Slide 9: Consolidated Sales by Customer (Other Customers)
Consolidated Sales by Customer (Other Customers) The composition ratio rose by 0.4% due to increasing sales of Groupe PSA and AISIN CORPORATION. FY2019 FY2020 (billion yen) Variance Sales % Sales % Other customers Sub-total 53.4 18.1% 43.3 18.5% +0.4% Incl.） Honda of America Mfg., Inc. 6.3 2.1% 5.
Slide 10: Operating Profit Variance Analysis
Operating Profit Variance Analysis (billion yen) 5 3.3 0 -5 -18.6 -11.3 -10 1.2 0.3 1.2 0.6 -15 3.1 -0.5 -0.2 -1.7 -20 Volume fluctuation Cost saving Others & model mix etc. /amortization Depreciation reinforcement Production Forex parts new car model Initial cost for adjustment Consolidation SG&A F
Slide 11: Sales/Operating Profit by Region (Japan)
Sales/Operating Profit by Region (Japan) Net sales dropped by 16.8% mainly due to customers' production decline caused by the spread of the COVID-19. In spite of the 9.1 billion yen operating loss led by production declines and new model parts launch cost, 0.5 billion yen profit was achieved in
Slide 12: Sales/Operating Profit by Region (The Americas)
Sales/Operating Profit by Region (The Americas) Net sales dropped by 23.8% due to, in addition to Forex impact, customers’ production decline and shutdown of the operations in response to the government’s lockdown measure against the COVID-19. Despite 2.3 billion yen operating loss for the full
Slide 13: Sales/Operating Profit by Region (Europe)
Sales/Operating Profit by Region (Europe) Net sales dropped by 33.8% due to customers' reduced production caused by the spread of the Corona virus, etc. Despite 3.6 billion yen operating loss for the full year, loss in the second half of the year diminished. (billion yen) (billion yen) Net sales
Slide 14: Sales/Operating Profit by Region (Asia)
Sales/Operating Profit by Region (Asia) Net sales dropped by 16.0% due to, in addition to Forex impact, customers’ reduced production and shutdown of the operations in response to the government’s lockdown order against the spread of COVID-19. A profit of 3.3 billion yen was secured while sales
Slide 15: Capital Investment
Capital Investment (billion yen) 40 Overseas business result 37.9 Domestic business result 31.2 30.7 30 14.2 11.8 9.8 22.9 20 19.3 18.6 10.0 16.7 4.8 9.4 14.0 6.2 23.7 3.6 10 8.3 19.4 20.9 1.8 12.9 13.8 9.9 10.5 10.4 6.5 0 FY2018 FY2018 FY2018 FY2019 FY2019 FY2019 FY2020 FY2020 FY2020 1st half 2nd h
Slide 16: Capital Investment & Depreciation/Amortization
Capital Investment & Depreciation/Amortization Capital investment decreased by 7.2 billion yen from the previous year. Depreciation/Amortization increased by 1.7 billion yen from the previous year. (billion yen) 40 Capital investment Depreciation /amortization 30 20 37.9 31.2 30.7 21.2 10 18.3 1
Slide 17: Cash Flows
Cash Flows In spite of the negative free cash flow for the full year, an improvement was recorded in the second half of the year. (billion yen) 50 Cash flow from operating activities Cash flow from investing activities 40 Free cash flow 2.8 30 7.7 20 36.4 37.9 33.6 29.7 1.2 28.2 10 22.0 19.2 18.7
Slide 18: Interest-bearing Debt & Net Interest-bearing Debt Balance
Interest-bearing Debt & Net Interest-bearing Debt Balance Interest-bearing debts increased by 27.1 billion yen on a year-on-year basis. Net interest-bearing debts including cash and deposits became 50.3 billion yen. (billion yen) 80 Long-term loans payable Short-term loans payable Interest-beari
Slide 19: Equity to Total Assets
Equity to Total Assets Year-on-year decline of 7.8% to 40.9% was due to reasons including recording of net loss attributable to owners of parents. （％） 70 59.9 60 58.5 52.5 48.7 50 40.9 40 30 End-March, End-March, End-March, End-March, End-March, Copyright© UNIPRES CORPORATION, All Rights Reserved.
Slide 20: Dividends
Dividends No interim dividend paid because of worsened 2nd quarter results in FY2020. 10.00 yen year end dividend is planned based on the consideration that positive profitability would have been achieved in the 2nd half if the impairment loss was unconsidered, and returning to shareholders by m
Slide 21: Forecast of Fiscal Year 2021
Forecast of Fiscal Year 2021 Copyright© UNIPRES CORPORATION, All Rights Reserved. 21 21
Slide 22: Forecast of Fiscal Year 2021
Forecast of Fiscal Year 2021 １. Net sales forecasts to increase due to the recovery of customers’ production and sales, in spite of the production cutbacks impacted by the global spread of corona virus (COVID-19) infection and chip shortage. ２. Operating profit forecasts to return to profitability a
Slide 23: Consolidated Business Forecast for FY2021
Consolidated Business Forecast for FY2021 Transition in business results Net Sales (billion yen） 40 400 295.6 Net sales 287.0 Operating profit (billion yen) 30 300 234.5 20 200 10 Operating profit 100 0 3.3 5.4 0 -11.3 -10 -100 -20 -200 FY2019 FY2020（A） FY2021（B） （B）-（A) Net sales 295.6 234.5 287.0
Slide 24: Consolidated Sales by Product Group
Consolidated Sales by Product Group (billion yen) FY2020 FY2021 Variance Variance % Sales % Sales % Car body press products 195.9 83.5% 247.3 86.2% +51.4 2.7% Transmission products 33.1 14.1% 35.3 12.3% +2.2 -1.8% Plastic 3.0 1.3% 3.6 1.2% +0.6 -0.1% products Other 2.5 1.1% 0.8 0.3% -1.7 -0.8% Total
Slide 25: Forecast of Operating Profit Variance Analysis
25 (forecast) FY2021 5.4 Forecast of Operating Profit Variance Analysis 4.5 Cost saving 0.7 Others -0.3 Consolidation adjustment 0.5 Forex Initial cost for 2.6 new car model parts -1.0 Production reinforcement -2.3 -2.8 SG&A 0.5 Depreciation/ amortization 11.5 Volume fluctuation -11.3 & model mix et
Slide 26: Sales/Operating Profit by Region (Japan)
Sales/Operating Profit by Region (Japan) Net sales growth is projected based on the impact of customers’ production increase. Despite higher customers’ production volume and lower new model parts launch cost, operating profit is projected to decrease due to transfer pricing taxation adjustment c
Slide 27: Sales/Operating Profit by Region (the Americas)
Sales/Operating Profit by Region (the Americas) Net sales growth is projected based on customers’ production increase and Forex impact. Operating profit projected to grow due to higher production volume of customers and price adjustment for transfer pricing taxation. (billion yen) (billion yen)
Slide 28: Sales/Operating Profit by Region (Europe)
Sales/Operating Profit by Region (Europe) Net sales projected to increase mainly because of customers’ higher production volume impact. 1.8 billion yen operating profit improvement is planned based on sales growth impact. (billion yen) Net sales (billion yen) Operating profit 40 1 0 -0.9 -1 -1.8
Slide 29: Sales/Operating Profit by Region (Asia)
Sales/Operating Profit by Region (Asia) Net sales growth is projected based on customers’ production increase and Forex impact. Operating profit projected to be higher due to the increase of sales. (billion yen) (billion yen) Net sales Operating profit 100 10 50 5 83.3 85.4 70.0 7.0 4.3 3.3 0 0
Slide 30: Capital investment & Depreciation/Amortization plan
Capital investment & Depreciation /Amortization plan Passing out the peak, capital investment planned to decrease by 7.7 billion yen. Depreciation / amortization projected to drop by 0.5 billion yen due to the reasons including impact of impairment loss on fixed assets in FY2020 (△0.7 billion ye
Slide 31: Dividends
Dividends Annual dividend projected to be 10.00 yen per share for FY2021. ( yen) 70.00 Dividends at year-end Dividends at end of 2nd quarter 60.00 55.00 55.00 55.00 50.00 40.00 27.50 27.50 32.50 30.00 20.00 20.00 27.50 27.50 10.00 10.00 10.00 22.50 10.00 10.00 0.00 FY2017 FY2018 FY2019 FY2020 FY20
Slide 32: Medium-term Management Plan
Medium-term Management Plan Copyright© UNIPRES CORPORATION, All Rights Reserved. 32 32
Slide 33: Medium-term Management Objectives
Medium-term Management Objectives ■Net sales … steady growth ■Operating profit… operating profit margin of 5% or more （billion 450.0 yen） 30.00 Net sales Operating profit 20.1 400.0 16.0 20.00 12.0 350.0 3.3 5.4 10.00 327.7 320.0 300.0 310.0 0.00 295.6 -11.3 287.0 250.0 -10.00 200.0 234.5 -20.00 150
Slide 34: UNIPRES
<4 D> UNIPRES
Slide 35: Reference
Exchange rate Reference （yen） FY2019 FY2020 Preconditions of FY2021 Average for Average for forecast the period term end the period term end US $ 108.95 108.83 105.95 110.72 108.00 STG ￡ 139.50 143.48 136.92 139.87 150.00 EURO 122.15 122.51 121.97 126.99 130.00 MEX $ 5.66 5.82 4.96 5.20 5.20 RMB 15.
Slide 36: 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