Shimadzu Corporation · TSE:7701
Shimadzu — Q2 FY2020 Earnings Presentation
10 slides from Shimadzu's earnings presentation, Nov 10, 2020
Slide 1: 2nd Quarter (Jul.-Sep.) Results & Financial Position for FY Ended March 2021
November 10, 2020 2nd Quarter(Jul.-Sep.) Results & Financial Position for the Fiscal Year Ended March 2021 Teruhisa Ueda President & CEO Shimadzu Corporation 1 2019年3月期 1Q 決算説明会資料 1
Slide 2: Statement of Income for Second Quarter (Jul.-Sep.)
Statement of Income for Second Quarter (Jul.-Sep.) Q2 YoY Percent Units: Billions of yen FY 2020 FY 2019 Changes Increase/ Decrease Net Sales 98.6 105.7 - 7.1 -7% • Net Sales (Excluding exchange rates and changes in revenue recognition standards) 97.4 105.7 -8.3 -8% Operating Income 13.6 13.4 +0.1 +
Slide 3: Analysis of Increase/Decrease in Operating Income for Second Quarter
Analysis of Increase/Decrease in Operating Income for Second Quarter (Jul.-Sep.) 13.4 +1.6 +0.4 13.6 -0.1 Standards Recognition in Revenue Effect of Changes +1.4 Rate Effect Exchange Expenses Decrease in Effect of FY 2019 FY 2020 -3.2 Profitability Increase in Effect of Real Decrease Sales Effect of
Slide 4: Sales and Income by Business Segment
Sales and Income by Business Segment • AMI: Analytical & Measuring Instruments, MED: Medical Systems, IM: Industrial Machinery, AE: Aircraft Equipment Net Sales Operating Income Operating Margin Y on Y Y on Y Y on Y Actual Actual FY2020 FY2019 Percent FY2020 FY2019 Percent FY2020 FY2019 \billion Cha
Slide 5: Analytical & Measuring Instruments: Year-on-Year Change for Key Models
Analytical & Measuring Instruments Year-on-Year Change for Key Models FY 2018 FY 2019 FY 2020 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Key Models +4% +0% +8% +2% +3% +5% +7% +5% -10% -1% -5% +2% All +12% +3% +3% +2% +6% -4% +10% +4% -11% +1% -7% -4% • Key models: Liquid chromatographs (LC), mass spectrom
Slide 6: Analytical & Measuring Instruments: Year-on-Year Change in Net Sales by Region
Analytical & Measuring Instruments Year-on-Year Change in Net Sales by Region FY 2018 FY 2019 FY 2020 Country Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Japan +15% -1% -4% -1% +1% -12% +21% +0% -5% +1% -11% -15% North America +17% +14% +9% +3% +10% +4% -5% +16% +4% +5% -4% +13% Europe +11% +7% +19% +8% +12
Slide 7: Medical Systems: Year-on-Year Change in Net Sales by Region
Medical Systems Year-on-Year Change in Net Sales by Region FY 2018 FY 2019 FY 2020 Country Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Japan -1% +16% +19% +6% +10% +6% +30% -2% -5% +7% -15% -33% North America +17% -3% -33% -24% -12% -24% -17% +5% +7% -9% +14% +31% Europe +190% +31% +22% -1% +34% -26% -6% +2
Slide 8: Industrial Machinery: Year-on-Year Change in Net Sales by Model
Industrial Machinery Year-on-Year Change in Net Sales by Model FY 2018 FY 2019 FY 2020 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 TMP +14% +0% -15% -29% -9% -25% -26% +10% +48% -1% +46% +36% Hydraulic +6% +1% +4% +1% +3% +2% +1% -12% -5% -4% -19% -17% Equipment Other +92% -9% -1% +36% +21% -37% +19% -11% -
Slide 9: Aftermarket Business (AM) Sales Ratio
Aftermarket Business (AM) Sales Ratio Analytical & Measuring Instruments FY 2018 FY 2019 FY 2020 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Change in AM +18% +14% +15% +11% +14% +3% +6% +6% -2% +4% +1% +4% Net Sales AM Ratio 31% 31% 31% 29% 30% 34% 30% 32% 32% 32% 37% 33% Medical Systems FY 2018 FY 201
Slide 10: Forward-looking statements and contact
This document contains forward-looking statements. Forecasts of future business performance that appear in this document are predictions made by the company’s management team that are based on information available when these materials were prepared and are subject to risks and uncertainties. Conseq