Slide 1: Results Briefings for Fiscal Ended March 2012
Securities ID code:6859 ESPEC CORP. Results Briefings for Fiscal Ended March 2012 Ma 24, 2012
Slide 2: Table of Contents
Table of Contents Summary of ESPEC Business Financial Result for the Fiscal 2011 Ended March 31, 2012 Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Business Plan for the Fiscal 2012 Ending March 31, 2013 ESPEC Medium-term Management Plan “Progressive Plan 2013” The second year Refere
Slide 3: Summary of ESPEC Business
Summary of ESPEC Business Sales composition Main Products Market Use (2012/3) Temperature & humidity chamber Walk-in type temperature & Electronic component For R & D humidity chamber and equipment market For credibility Environmental Thermal shock chamber Automobile market and evaluation Test Chamb
Slide 4: Financial Result for the Fiscal 2011 Ended March 31, 2012
Financial Result for the Fiscal 2011 Ended March 31, 2012
Slide 5: Financial Highlights
Financial Result for the Fiscal 2011 Ended March 31, 2012 Financial Highlights Backed by the improvement in capital spending among major customers, the company posted an increase in both net sales and net profit. Profit (Loss) Both the amount of orders received and sales increased against the backdr
Slide 6: Summary of Profits and Losses
Financial Result for the Fiscal 2011 Ended March 31, 2012 Summary of Profits and Losses 2011/3 2012/3 Rate of Change (millions of yen, %) Composition Composition Net sales Cost of Sales Gross profit Selling, general and administrative expenses Operating income Non-operating income Non-operating expe
Slide 7: Analysis of Operating Income
Financial Result for the Fiscal 2011 Ended March 31, 2012 Analysis of Operating Income Increase and Decrease Factor Equipment Business Service Business Other Business Elimination Increase and decrease of the gross profit by the (millions of yen) fluctuation of the net sales personnel expenses Sellin
Slide 8: Analysis of Assets and Liabilities
Financial Result for the Fiscal 2011 Ended March 31, 2012 Analysis of Assets and Liabilities Increase and Decrease Factor (millions of yen) Assets Liabilities and equity work in process and raw materials Merchandise, finished goods, (Deferred tax assets, other) Other current assets Property, plant a
Slide 9: Statement of Cash Flow
Financial Result for the Fiscal 2011 Ended March 31, 2012 Decrease in funds (millions of yen) Effect of exchange rate change on cash and cash equivalents Total financial cash flow Purchase of treasury stock Cash dividends paid Increase and decrease in short-term loans and long-term loans Total inves
Slide 10: Analysis per Segment for the Fiscal 2011 Ended March 31, 2012
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012
Slide 11: Analysis per Segment
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 (millions of yen) / / Rate of Change Revision Plan Orders-Received Equipment Net Sales Business Operating Income Orders-Received Service Net Sales Business Operating Income Orders-Received Other Net Sales Business Operating Income Orders-
Slide 12: Analysis of Variance between Previous Year and This Year
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Analysis of Variance between Equipment Business Service Business Previous Year and This Year Other Business Elimination (millions of yen) Net sales Operating income Sales of environmental test chambers in the In spite of an increase in fi
Slide 13: Equipment Business
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Equipment Business Environmental Test Chambers In the Japanese market, the amount of orders received for temperature and humidity chambers for R&D purposes, etc., increased, primarily in the brisk battery- and smartphone-related markets,
Slide 14: Equipment Business
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Equipment Business Revision Plan (millions of yen) Rate of Change Orders- Received Net Sales Operating Income [Profit ratio (%)]
Slide 15: Service Business
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Service Business Revision Plan (millions of yen) Rate of Change Orders- Received Net Sales Operating Income [Profit ratio (%)] After-sales Service and Engineering Though affected by the consequences of the earthquake, the company secured
Slide 16: Environmental Engineering and Plant Factory Efforts into the Future
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Revision Plan (millions of yen) Rate of Change Orders- Received Net Sales Operating Income [Profit ratio (%)] Environmental Engineering and Plant Factory After the earthquake, many governmental agencies and other customers were pressed to
Slide 17: Non-consolidated sales by market
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Non-consolidated Other markets Automobile market Flat panel display market Electronic device and equipment market Semiconductor market 100% 13 14 24 24 24 80% 15 17 12 14 16 17 60% 23 9 5 20 40% 38 42 42 37 40 20% 16 12 9 11 5 0% 2008/3 2
Slide 18: Sales by Region
Analysis per Segment for the Fiscal 2011 Ended March 31, 2012 Sales by Region (millions of yen) Regional sales composition ratio in segment 34,914 31,906 Overseas sales ratio 34.1% 29,589 23,775 12/3 Japan Taiwan China/Hong Kong Korea Europe / America Others 12/3 109.5% 48.4% 116.3% 116.7% 116.1% 13
Slide 19: Business Plan for the Fiscal 2012 Ending March 31, 2013
Business Plan for the Fiscal 2012 Ending March 31, 2013 ESPEC Medium-term Management Plan “Progressive Plan 2013” The second year
Slide 20: Targets for Consolidated Revenues and Earnings
Business Plan for the Fiscal 2012 Ending March 31, 2013 Targets for Consolidated Revenues and Earnings / / / Target Target Net Sales ¥ , million Over ¥ , million Over ¥ , million Operating ¥ , million Over ¥ , million Over ¥ , million Income Operating Over Over Income Ratio
Slide 21: Management Policy for the Fiscal 2012
Business Plan for the Fiscal 2012 Ending March 31, 2013 Management Policy for the Fiscal 2012 Basic policy Creation of “Powerful Products” and “Powerful Factories” Policy 1 Policy 2 Accelerate growth in the green Expand Overseas Business technology market Operations Primarily in China and Asia Inves
Slide 22: Policy 1. Accelerate Growth in the Green Technology Market
Business Plan for the Fiscal 2012 Ending March 31, 2013 Policy 1. Accelerate Growth in the Green Technology Market Background The green technology market (the market for secondary batteries, power semiconductors, and solar batteries, etc.) will see increasing demand for environmental testing toward
Slide 23: Policy 1. Accelerate Growth in the Green Technology Market
Business Plan for the Fiscal 2012 Ending March 31, 2013 Policy 1. Accelerate Growth in the Green Technology Market Business plan for the fiscal 2012 [Non-consolidated] Sales in Green Technology Market ¥ 4,500 million Increase ¥1,700 million (Quarter-to-quarter basis) Main measures to be taken The ne
Slide 24: Policy 2. Expand Overseas Business Operations Primarily in China and Asia
Business Plan for the Fiscal 2012 Ending March 31, 2013 Policy 2. Expand Overseas Business Operations Primarily in China and Asia Background As a global center of industry, China and the rest of Asia will see increasing and more diversified demand for environmental testing. Production facilities in
Slide 25: Policy 2. Expand Overseas Business Operations Primarily in China and Asia
Business Plan for the Fiscal 2012 Ending March 31, 2013 Policy 2. Expand Overseas Business Operations Primarily in China and Asia Business plan for the fiscal 2012 [Consolidated] Overseas sales ¥ 120,000 million Increase ¥1,100 million (Quarter-to-quarter basis) Main measures to be taken Increase sa
Slide 26: Policy 3. Cultivate Japanese markets in more depth to enhance profitability
Business Plan for the Fiscal 2012 Ending March 31, 2013 Policy 3. Cultivate Japanese markets in more depth to enhance profitability Background There is huge replacement demand in the Japanese market. Despite concerns over customer efforts to curb capital spending due to the possible electric power c
Slide 27: Policy 3. Cultivate Japanese markets in more depth to enhance profitability
Business Plan for the Fiscal 2012 Ending March 31, 2013 Policy 3. Cultivate Japanese markets in more depth to enhance profitability Business plan for the fiscal 2012 [Consolidated] Japanese market sales ¥ 230,000 million Increase ¥2,000 million (Quarter-to-quarter basis) Main measures to be taken Pr
Slide 28: Full-term Plan for the Fiscal 2012
Business Plan for the Fiscal 2012 Ending March 31, 2013 Full-term Plan for the Fiscal 2012 2012/3 (Results) 2013/3 (Plan) Second Quarter Fiscal Second Fiscal 2Q on 2Q Year on year (millions of yen) Quarter ratio ratio Orders-received Net sales Gross profit [Profit ratio (%)] Operating income (loss)
Slide 29: Equipment Business
Business Plan for the Fiscal 2012 Ending March 31, 2013 Equipment Business 2012/3 (Result) 2013/3 (Plan) Second Quarter Fiscal Second (millions of yen) Fiscal Quarter 2Q on 2Q ratio Year on year ratio Orders- Received Net sales Operating income [Profit ratio (%)]
Slide 30: Service Business
Business Plan for the Fiscal 2012 Ending March 31, 2013 Service Business 2012/3 (Result) 2013/3 (Plan) Second Second Quarter Fiscal Fiscal (millions of yen) Quarter 2Q on 2Q ratio Year on year ratio Orders- Received Net sales Operating income [Profit ratio (%)]
Slide 31: Business Plan for the Fiscal 2012 Ending March 31, 2013
Business Plan for the Fiscal 2012 Ending March 31, 2013 2012/3 (Result) 2013/3 (Plan) Second Second Quarter Fiscal Quarter Fiscal Year on year 2Q on 2Q (millions of yen) ratio ratio Orders-Received Net sales Operating income [Profit ratio (%)]
Slide 32: Dividends
Business Plan for the Fiscal 2012 Ending March 31, 2013 Dividends Dividend policy Recognizing that passing on profits to our shareholders is a key priority and that raising corporate value on a lasting basis is fundamental to raising shareholder value, dividends are decided taking into account susta
Slide 33: Green Innovation is a Prime Business Opportunity for Reorienting Our Executive Management to Play Offense!
Green Innovation is a Prime Business Opportunity for Reorienting Our Executive Management to Play Offense!
Slide 34: Forward-looking statements and inquiries
These materials contain forward-looking statements, including the Company’s present plans and forecasts of performance, that reflect the Company’s plans and forecasts based on the information presently available. These forward-looking statements are not guarantees of future performance, and plans, f
Slide 35: Reference
ESMEC Reference
Slide 36: Company Profile
Company Profile Company Profile Name ESPEC CORP. Head Office 3-5-6, Tenjinbashi, Kita-ku, Osaka Represented By Masaaki Ishida Established July 25,1947 Incorporated January 13,1954 Paid-up Capital ¥6,895Million Shares Issued 23,781,394 Shares Employees 1,339 (consolidated) [Head office] Main Business
Slide 37: Global Network
Company Profile Global Network U.S.A. EU ESPEC NORTH AMERICA, INC. ESPEC EUROPE GmbH ASIA JAPAN SHANGHAI ESPEC ENVIRONMENTAL ESPEC CORP. EQUIPMENT CORP. ESPEC TECHNO CORP. GUANGZHOU ESPEC ENVIRONMENTAL ESPEC KYUSHU CORP. EQUIPMENT CO., LTD. ESPEC MIC CORP. ESPEC ENVIRONMENTAL EQUIPMENT MIC FARM OHGU
Slide 38: History of Environmental Test
Equipment Business [Equipment Business] History of Environmental Test What is Environmental Test Test to analyze and evaluate effects of environmental factors such as temperature, humidity, pressure, and light on various industrial products like electronic components in order to ensure product quali
Slide 39: Usage Case with Environmental Test Chambers
Equipment Business [Equipment Business] Usage Case with Environmental Test Chambers Car Navigation (GPS) Compact Size Motor Secondary Cell Secondary Cell (Battery) Power Device In-vehicle Sensor Representative Examples In-vehicle for Environmental Testing Sensor Device Process/Test Condition Our Pro
Slide 40: Usage Case with Energy Device Equipment
[Equipment Business] Usage Case with Energy Device Equipment Energy Device Equipment Deal with devices for storing, producing, and controlling electricity, such as secondary and solar batteries and power semiconductors, known collectively as “energy devices,” and offer development/evaluation systems
Slide 41: Usage Case with Semiconductor Equipment
Equipment Business [Equipment Business] Usage Case with Semiconductor Equipment Screening Used for inspection in the manufacture of semiconductor devices to ensure product reliability suitable for mass production Semiconductors Heat load Burn-in chamber Elimination of latent early failures Reliabili
Slide 42: Usage Case with FPD Equipment
Equipment Business Completion Lamination Cell Process Assembly Process Orientation film Module Process baking process Seal stiffening process substrate Usage Case with FPD Equipment substrate TFT CF Drying/Anneal Anneal Transparent electrode Single Loading Plate Processing TFT process System Vertica
Slide 43: Service Business
Service Business [Service Business] After–sales Service and Engineering Preventive maintenance of products, maintenance service, and the upgrading/improvement and installation/relocation of products Well-developed domestic and overseas networks Technical service available around-the-clock Commission
Slide 44: Other Business: Environmental Engineering Business
Other Businesses [Other Business] Environmental Engineering Business Environmental Engineering Business Forest recovery Recovery of local forest by selecting species and planting out seedlings using potential natural vegetation data. Waterfront recovery Reconstruction of natural environment, develop
Slide 45: Other Business: Plant Factory
[Other Business] Plant Factory Plant Factory Provision of various cultivation environments employing advanced environmental control technologies to control light, temperature, humidity, carbon dioxide, etc. Plantcellar Container plant factory Phyto-toron This compact vegetable This is a container-ty