Japan Display Inc. · TSE:6740

Japan Display — Q2 FY2020 Earnings Presentation

11 slides from Japan Display's earnings presentation, Nov 13, 2020

  1. Slide 1: Second Quarter of FY 2020 Financial Results

    Second Quarter of FY 2020 Financial Results Japan Display Inc. November 13, 2020

  2. Slide 2: FY 2020 Second Quarter Summary

    FY 2020 Second Quarter Summary Six months of FY 2020 (1H) Second quarter (2Q)  Sales decreased 16% YoY due to intensified  Within the forecast range announced on Sept. 10: competition and the impact of Covid-19. Smartphone display sales were sluggish; net sales &  Losses decreased despite sales d

  3. Slide 3: Quarterly Sales by Category

    Quarterly Sales by Category Quarterly net sales Sales by category Mobile（US/EU） ■ Mobile （US/Europe: JPY63.1bn, China/other: Mobile（China/other） JPY9.1bn, Total: -32％ YoY） Non-mobile Weak due to lower demand in line with expanded 147.3 150.0 Automotive customer adoption of OLED. In 2H, despite highe

  4. Slide 4: Six months (1H) & 2Q FY20 Operating Results

    Six months (1H) & 2Q FY20 Operating Results (Billion yen) 1H-FY19 1H-FY20 YoY 2Q-FY19 2Q-FY20 YoY 1Q-FY20 QoQ Net sales 237.8 199.8 (38.0) 147.3 111.8 (35.5) 88.0 +23.8 Cost of sales 253.4 194.1 (59.3) 146.2 107.2 (39.0) 87.0 +20.2 Gross profit (loss) (15.7) 5.6 +21.3 1.1 4.6 +3.5 1.0 +3.6 SG&A 19.5

  5. Slide 5: 2Q-FY20 Operating Profit Change Factors

    2Q-FY20 Operating Profit Change Factors vs. Previous year (2Q-FY19) vs. Previous quarter （1Q-FY20） （億円） (Billion yen) 2Q-FY19 2Q-FY20 1Q-FY20 2Q-FY20 (Previous year) (Previous quarter) Sales: 147.3 Sales: 111.8 Sales: 88.0 Sales: 111.8 OP +5.2 OP OP +4.1 OP (8.1) (2.9) (7.0) (2.9) Mfg. SG&A fixed In

  6. Slide 6: FY 2020 Outlook

    FY 2020 Outlook Continue to be in the red despite lower losses, further measures to return to the black are indispensable 3Q outlook FY20 outlook and measures (Billion yen) Sales: JPY330-350bn（-34.5% to -30.6% YoY） FY19 FY20 FY19 FY20 ・ Sept. 10 forecast: -25% to -15% 9 mo. 9 mo. 3Q 3Q ・ While sales

  7. Slide 7: Strengthen Cost Competitiveness

    Strengthen Cost Competitiveness Transform into a low-cost/profitable business structure by drastically reducing costs and further improving productivity  Reduce fixed costs: JPY28bn or more targeted in FY20 (vs. FY19) Structural reform – Power costs : Energy efficiency improvements, effects + addit

  8. Slide 8: R&D Activities to Create New Revenue Sources

    R&D Activities to Create New Revenue Sources Creating new added value based on backplane core technology New Display New UX/ New Sensor Pursuit of reality BT2020 standard Touch display enables continuous fingerprint 98% compatible* authentication 8K display Full screen *98% reproduction of fingerpri

  9. Slide 9: Commercialization of New Technologies in New Fields

    Commercialization of New Technologies in New Fields Creating new products by applying various core technologies to new business fields such as medical care and health management 2020/9/24 release 2020/10/15 release 2020/11/4 release 5.5-inch light field display Developed cycling VR* system now Devel

  10. Slide 10: Appendix

    Appendix 10 Copyright © 2020 Japan Display Inc. All Rights Reserved.

  11. Slide 11: Balance Sheet & Cash Flow Statement

    Balance Sheet & Cash Flow Statement Balance Sheet Cash Flow (Billion yen) (Billion yen) Mar. 2020 Jun. 2020 Sep. 2020 1H-FY19 1H-FY20 Cash and deposits 66.7 45.2 49.8 Income before income taxes (103.0) (35.5) Accounts receivable - trade 70.9 38.2 42.3 Dep. & Amort. 11.3 8.8 Accounts receivable - oth

Japan Display — Q2 FY2020 Earnings Presentation on 6ix