Nihon Dempa Kogyo Co., Ltd. · TSE:6779
Nihon Dempa Kogyo — H1 FY2017 Earnings Presentation
17 slides from Nihon Dempa Kogyo's earnings presentation, September 2016
Slide 1: First Half Results for Fiscal Year 2017 (ending March 2017)
First Half Results for Fiscal Year 2017 (ending March 2017） Nihon Dempa Kogyo Co., Ltd. 【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 about our future
Slide 2: Content
＜Content＞ １．FY2017 First Half Results ２．FY2017 Full Year Forecast 2
Slide 3: FY2017 1st Half Results
FY2017 1st Half Results (Million yen） ① ② ③ ③－① ③－② FY2016 FY2017 FY2017 Year to year Comparison １H １H １H comparison to forecast result forecast result Net Sales 22,748 22,000 21,626 ▲ 1,122 ▲ 374 Operating income 4 200 229 225 29 Income before tax 54 150 113 59 ▲ 37 Net income 26 100 72 46 ▲ 28 Tot
Slide 4: FY2017 Net Sales: 1st Half Results
FY2017 Net Sales: 1st Half Results Net Sales in 1st Half of FY2017 (Year on Year) 2016年度上期売上高（前年同期比） (¥ （百万円） million) 25,000 ２２，７４８ ２１，６２６ 20,000 15,000 Sensors, other センサ、その他 AV/OA + Optical AVOA＋光学 10,000 Mobile Communications 移動体通信 High Industrial 産業機器 5,000 Automotive 車載 0 FY2016 上期実績 FY2017 上期
Slide 5: Profit Variation Analysis (1st Half FY2016 vs. 1st Half FY2017)
Profit Variation Analysis (1st Half FY2016 vs. 1st Half FY2017) Expenses increased, such as early stage 売上による TCXO、SAW増産に outlays due to increase in Change due to 利益変動 伴う初期費用計上他 production of TCXOs and sales increase ＋５億円 +0.5 bn ¥ ▲３億円 SAWs ▲0.3 bn ¥ Extraordinary前期items, such as 為替変動 Exchange 棚卸資産
Slide 6: Quarterly Results
Quarterly Results Profit（million yen） 6
Slide 7: Sales Trends in Main Applications
Sales Trends in Main Applications ：Sales in unit terms are expanding also in FY2017, but the production trend toward Automotive SMD is proceeding and the average unit price is decreasing because of changes in the product mix. Sales are level. High industrial ：Demand for base stations began to decrea
Slide 8: Content
＜Content＞ １．FY2017 First Half Results ２．FY2017 Full Year Forecast 8
Slide 9: Mobile Communication Market Environment
Mobile Communication Market Environment ■ Crystal products used by chip set manufacturers (as of March 2016) Company A Company B Company C Company D Company E PLL TCXO×１ TCXO×１ - TCXO×１ 4G/ Crystal unit with built-in temperature LTE sensor x 1 GPS TCXO×１ - TCXO×１ TCXO×１ ■ Crystal products used by ch
Slide 10: Mobile Communication Market
Mobile Communication Market Demand for crystal products for Sales of TCXOs and smartphones is continuing to grow crystal unit with built-in temperature sensors will expand in 2nd half of FY2017 Increase in sales to Chinese smartphone manufacturers who are expanding their market Worldwide Shipments o
Slide 11: High Industrial Market
High Industrial Market [Base Station Market] Rising requirements for frequency stability, looking to Promote introduction expansion in LTE base stations of new products ⇒ Orders for ultra-stable OCXOs are rising and sales expansion [Ultra-stable OCXOs] Temperature range: ±0.1ppb/-40 to +85℃ Hold Ove
Slide 12: Automotive Market
Automotive Market Promote development of crystal products for advanced driver assistance systems and automated driver systems and develop design-in activities (¥ Million) （百万円） 車載 売上高 Automotive Sales TCXOs for V2X (vehicles to vehicles/vehicles to infrastructure) 10,000 Develop and design-in the pr
Slide 13: Sensors
Sensors Promote expansion of ultrasonic devices Portable simplified ultrasonic devices Began Internet sales on July 1 <Features> Applications in medical, nursing, senior care, etc. Small and portable “Pocket Echo Miruco” Displays ultrasonic images when connected to tablets, etc. 13
Slide 14: FY2017 Capital Investment
FY2017 Capital Investment 【Capital investment】Plan to invest ¥5 billion in FY2017 （Mainly to raise TCXO and SAW capacity） Capital investment (¥ Mil.） Depreciation 5,699 5,000 FY2017 1H Capital investment 3,923 3,809 3,659 ¥ 3.6 billion 3,425 3,558 2,631 2,107 1,709 FY2017 1H Depreciation ¥1.7 billio
Slide 15: FY2017 2nd Half: Outlook for Net Sales
FY2017 2nd Half: Outlook for Net Sales 2016年度下期 売上高予想 (¥ （百万円） Million) ２３，３７４ 25,000 ２１，６２６ 20,000 Mobile 移動体 Mobile Sensors, other センサー・その他 15,000 移動体 Commu- Commu- nications 通信 nications 通信 AV/OA + Optical AV/OA＋光学 10,000 Mobile Communications 移動体通信 High Industrial 産業機器 5,000 Automotive 車載 0 FY20
Slide 16: FY2017 Full Year Forecast
FY2017 Full Year Forecast (￥ Mil.） FY2016 FY2017 Result Forecast Net sales 44,850 45,000 Operating income 410 850 Income before tax 102 750 Net income 317 650 Income before tax ratio 0.2% 1.7% Exchange rate １H：\106.43 （against the U.S. dollar） ¥120.16 ２H：\101.00 ＜Reference＞ - Influence on net sales
Slide 17: Thank you
NDK is making maximum efforts to attain net sales of ¥45.0 billion and operating income of ¥850 million during the current fiscal year. We look forward to your continuing support in the years ahead. Thank you For investor relations related inquiries please contact: Corporate Planning Group Nihon Dem