Meiko Electronics Co., Ltd. · TSE:6787
Meiko Electronics — Q1 FY2021 Earnings Presentation
8 slides from Meiko Electronics's earnings presentation, Aug 6, 2021
Slide 1: FY2021 Q1 Financial Results Briefing
FY2021 Q1 Financial Results Briefing Aug 6, 2021 （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 Q1 Financial Results - Consolidated
FY2021 Q1 Financial Results - Consolidated （ 100 million yen） Year-on-year FY2020Q1 FY2021Q1 Diff. % Net sales 243 333 89 36.7％ Operating 5 24 19 379.8％ income 2.0% 7.1％ Ordinary 2 22 20 1,341.9% income 0.6% 6.6％ Net income -1 18 19 - -0.3% 5.4％ Average Exchange rate 107.35 109.79 （Yen/USD） 021714 2
Slide 4: Quarterly Net Sales and Operating Income
Quarterly Net Sales and Operating Income （100 million yen） Net Sales Net Sales Operating Operating Income Operating Income Margin income 40 336 333 325 300 315 303 307 298 299 292 289 32 30 273 257 243 26 26 200 25 10.1% 23 24 20 8.7% 17 17 7.1% 8.2% 16 100 5.7% 7.2% 7.5% 13 10 5.9% 5.1% 7 4.6% 5 2
Slide 5: Net Sales and Operating Income by Product Application
Net Sales and Operating Income by Product Application （100million yen） FY2020 FY2021 Year-on-Year Operating Operating Net Operating Net Sales income Net Sales income Sales income （％） （％） （％） （％） 5 14 66 9 Automotive 101 5.0% 167 8.4% 65.3% 180.0% 2 6 16 4 Smartphone /Tablet 52 3.8% 68 8.8% 30.8% 200
Slide 6: Analysis of operating profit change FY20Q1 to FY21Q1
Analysis of operating profit change FY20Q1➡ FY21Q1 (100 million yen) variable Sales cost Labor cost Energy costs Other fixed costs Depreciation selling expenses FY2020Q1 results FY2021Q1 results 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 14 28 (4.2%) (8.4%) FY2021Q1 167 (50.2%) 68 (20.4%) 9 (2.7%) 4 (1.2%) 26 (7.8%) 333 10 7 (3.0%) (2.1%) 66 16 -5 15 -2 9
Slide 8: Net Sales by Product Specification
Net Sales by Product Specification （100 million yen ） Double-sided PCB Four-layerPCB Six layers or more HDI PCB High Dissipation PCB Flexible PCB Other substrates EMS 11 (3.3%) FY2021Q1 13 74 68 131 6 26 333 (3.9%) (22.2%) (20.4%) (39.4%) (1.8%) (7.8%) 4 (1.2%) 28 21 33 -2 90 (60.9%) (44.7%) (33.7%)