Sodick Co., Ltd. · TSE:6143
Sodick — Q1 FY2021 Earnings Presentation
22 slides from Sodick's earnings presentation, May 11, 2021
Slide 1: 1Q FY21/12 Results Briefing
TSE 1st Section, 6143 1Q FY21/12 Results Briefing May 11, 2021 Sodick Co., Ltd. 1
Slide 2: Agenda
I. 1Q FY21/12 Financial Results Summary II. FY21/12 Financial Results Projections (Reference Materials) 2
Slide 3: Financial Results Highlights
Financial Results Highlights Net sales increased by approximately 10% from the same period of the previous year as sales of electrical discharge machines (EDMs) in the Greater China increased substantially, recovering quickly from the spread of COVID-19. Gross profit increased due to the improve
Slide 4: Ratio of Operating Income to Net Sales (Quarterly)
Ratio of Operating Income to Net Sales (Quarterly) Sales of EDMs and Net sales injection molding machines ・Food processing machinery sales grew in 4Q. increased, mainly in ・EDM sales remained weak owing to lower sales Greater China. volume. Operating income margin Net sales fell due to the 工作 tools
Slide 5: Details of Changes in Operating Income
Details of Changes in Operating Income Although operating income returned to the black due to an increase in gross profit, SG & A expenses increased due to an increase in transportation costs and sales commissions associated with an increase in the number of units sold (increase of 66 million yen
Slide 6: Financial Results by Segment
Financial Results by Segment （million yen） 1Q FY20/12 1Q FY21/12 YoY chg. FY21/12 Full-year Actual Actual (Amount) (Rate) projection Machine tool ● segment 8,238 10,382 2,144 26.0% 41,200 Industrial machinery ● segment 2,556 1,893 -662 -25.9% 10,300 Food processing Net sales ● 782 580 -201 -25.8% 6,
Slide 7: Financial Results by Segment: Machine Tool Segment
Financial Results by Segment (million yen) ■ Machine Tool Segment Net sales (Quarterly) Net sales 16,000 13,362 • Demand for automotive, electronic components, 11,706 11,05411,298 5G-related products, and semiconductor-related 12,000 10,081 10,382 9,254 fields continued to expand in Greater China. 8
Slide 8: Financial Results by Segment: Industrial Machinery Segment
Financial Results by Segment (million yen) ■ Industrial Machinery Segment Net sales (Quarterly) Net sales 4,000 • Net sales decreased from the same period of the 3,029 2,885 previous year, mainly due to weak sales for 3,000 2,531 2,556 2,759 2,729 automotive and electronic components in Japan. 2,320
Slide 9: Financial Results by Segment: Food Processing Machinery Segment
Financial Results by Segment (million yen) ■ Food Processing Machinery Segment Net sales (Quarterly) Net sales 3,000 2,813 • There was growing demand related to nest-dweller consumption resulting from refraining from going outside in addition to that for sanitary equipment and 2,000 1,776 equipment
Slide 10: Financial Results by Segment: Other Segments
Financial Results by Segment (million yen) ■ Other Segments Net sales (Quarterly) Net sales 2,000 1,781 • Demand for ceramics has increased reflecting increased demand for information and 1,500 1,369 1,346 1,453 1,353 1,351 1,330 1,460 communication equipment due to telework, etc. 1,240 • In the pre
Slide 11: Net Sales by Segment
Net Sales by Segment Net sales of maintenance services and consumables that generate stable cash flows account for approximately 22%. Machine tool segment Industrial machinery segment Food processing machinery segment Maintenance services and consumables Maintenance services and consumables Mainte
Slide 12: Overseas Sales Ratio by Segment
Overseas Sales Ratio by Segment The ratio of overseas sales rose to 67.5% due to a significant increase in sales in Greater China and a decrease in sales in Japan. (million yen) North and South Japan Europe Greater China Asia 6,000 America 5,000 4,000 Others Food processing machinery 3,000 Industr
Slide 13: Balance Sheet
Balance Sheet Total assets increased by approximately 12.4 billion yen from the Results of conversion of "The first series of unsecured end of the previous fiscal year, due to an increase in cash and convertible bond-type bonds with subscription rights to deposits resulting from procurement of lon
Slide 14: 1Q FY21/12 Topics
1Q FY21/12 Topics 1 Launch of sales of GL-LSR Series degassing-type injection molding machines for thermosetting rubber Solid rubber contains a lot of air in the material by its nature, and because of its high viscosity, air has entered the mold during molding, creating a problem of defective molded
Slide 15: FY21/12 Financial Results Projections (Reference Materials)
I. 1Q FY21/12 Financial Results Summary II. FY21/12 Financial Results Projections (Reference Materials) 15
Slide 16: Market Environment
Market Environment Japan: Although demand is expected for next-generation auto-related and 5G-related industries in addition to government subsidy policies and potential demand, such as replacement demand for aging equipment, the future is uncertain due to a decline in facility investment sentimen
Slide 17: FY21/12 Financial Results Projections
FY21/12 Financial Results Projections Demand for high-precision processing machines is expected to continue to grow in the future due to strong recent orders, particularly in Greater China, a move for lighter, more electrically-powered and fewer gasoline-powered vehicles in the automotive industry
Slide 18: FY21/12 Financial Results Projections (by Segment)
FY20/12 Financial Results Projections (by Segment) (million yen) FY21/12 Machine tool segment 1Q FY21/12 Progress FY20/12 Full-year toward Demands in 5G-related and semiconductor-related fields continued to recover in China. Demand for Actual Projection projection Actual high-precision machines is
Slide 19: Reference Materials: Domestic and Overseas Sites
Reference Materials: Domestic and Overseas Sites Head Office and Research and Technology Center Miyazaki Plant Head Office Production Site R&D site Sale and Service Site Fukui Plant Sodick America Corporation （San Jose） Shanghai Sodick Software Sodick Suzhou Sodick Special Equipment Co., Ltd. Kaga P
Slide 20: Reference Materials: Participation in Major Exhibitions
Reference Materials: Participation in Major Exhibitions Period Location Exhibition Notes 2021 MEX Kanazawa (The 58th Machinery and Cancelled due to spread of May 20-22 Japan Kanazawa Electronics Exhibition in Kanazawa) COVID-19 May 26-28 China Shanghai TCT Exhibition on 3D Printing Technology Food m
Slide 21: Sodick Web Exhibition
[References] Sodick Web Exhibition Our website URL: https://www.sodick.co.jp/ We introduce our latest machines and technologies with a movie at Sodick Web Exhibition. A wide range of contents including our group's overseas sites is also available. 21
Slide 22: Disclaimer
Disclaimer This presentation material has been prepared exclusively for the purpose of providing information, the material was not created to advertise, solicit, market, etc., specific products or shares of the Company. This information included in this material is not required by the Financial Inst