Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — Q1 FY2023/3 Earnings Presentation
12 slides from Oki Electric Industry's earnings presentation, Aug 10, 2022
Slide 1: Financial Results for Q1 of the FY Ending March 31, 2023
Financial Results for Q1 of the FY Ending March 31, 2023 August 10, 2022 Oki Electric Industry Co., Ltd. © Copyright 2022 Oki Electric Industry Co., Ltd. 1
Slide 2: Summary of Financial Results
Summary of Financial Results We continued to be affected by difficulties in procuring semiconductors and other materials. Net sales decreased, due to a production decline caused by a shortage of materials, such as semiconductors. Despite the impact on the supply chain, operating income remaine
Slide 3: Segment Information (Net Sales/ Operating Income)
Segment Information (Net Sales/ Operating Income) (Billion yen) Q1 Q1 Net Sales FY2023/3 FY2022/3 Variance (Results) (Results) Solution Systems 36.1 33.9 +2.2 Components & Platforms 41.9 45.9 (4.0) Others 0.1 0.1 ±0.0 Total 78.1 79.9 (1.8) Q1 Q1 Operating Income FY2023/3 FY2022/3 Variance (Results)
Slide 4: Reasons for Changes in Operating Income/Loss
Reasons for Changes in Operating Income/Loss Production due to difficulty in procuring components and increases in material and transportation costs continue to affect performance. We are currently working to strengthen our response to supply chain impacts, such as by enhancing procurement capabil
Slide 5: Overview: Solution Systems Business
Overview: Solution Systems Business Revenue from Enterprise Solutions increased, as projects shifted from the previous year due to difficulty in procuring materials. Operating income decreased, due to a rise in materials procurement costs. DX domain sales 1Q: ¥8.4 B (YOY: ¥6.2 B) Net Sales Opera
Slide 6: Overview: Components & Platforms Business
Overview: Components & Platforms Business Sales of Mono-zukuri Platforms for FA/semiconductor manufacturing equipment continued to be strong. Sales of Components decreased due to the impact of semiconductor shortages on production in the Automation Systems business. Sales in the Peripheral Product
Slide 7: Balance Sheets
Balance Sheets There is no major changes in the composition of each asset and liability. Shareholders’ equity ratio decreased by 1.8 points. Jun. 2022 Mar. 2022 Variance (Billion yen) Current assets 212.7 211.8 +0.9 Fixed assets 158.9 157.3 +1.6 Assets 371.6 369.2 +2.4 Current liabilities 170.8
Slide 8: Cash Flows
Cash Flows Operating cash flow worsened YOY due to an increase in working capital caused by the supply chain impact. Q1 Q1 FY2023/3 FY2022/3 Variance (Billion yen) (Results) (Results) Ⅰ Cash flows from operating activities 0.0 21.4 (21.4) Ⅱ Cash flows from investing activities (4.9) (4.3) (0.6) Fr
Slide 9: (Reference) Quarterly Results
(Reference)Quarterly Results （Billion yen） Net Sales FY2022/3 FY2023/3 １Q 2Q 3Q 4Q FY １Q Solution Systems 33.9 35.0 38.7 55.0 162.6 36.1 Components & 45.9 44.8 47.8 50.5 189.0 41.9 Platforms Others 0.1 0.1 0.1 0.1 0.4 0.1 Total 79.9 79.9 86.6 105.7 352.1 78.1 Operating FY2022/3 FY2023/3 Income １Q 2Q
Slide 10: (Reference) Major Products and Services
(Reference) Major Products and Services Solution Systems Components & Platforms Public Solutions Components • Roads (ETC, VICS), air traffic control, • ATMs, cash handling equipment disaster preparedness, fire prevention • Bank branch terminals, ticket reservations • Business systems for central
Slide 11: Notice
Notice • The projections and plans in this material are based on information currently available to OKI as of the date of publication and certain assumptions judged as rational, therefore actual results are subject to change depending upon the changes of business environments and other conditions. •
Slide 12: © Copyright 2022 Oki Electric Industry Co., Ltd.
© Copyright 2022 Oki Electric Industry Co., Ltd. 12
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