Taiyo Holdings Co., Ltd. · TSE:4626

Taiyo — Q1 FY2018 Earnings Presentation

12 slides from Taiyo's earnings presentation, Jul 31, 2017

  1. Slide 1: Consolidated Financial Result Digest FY2018 Q1

    Consolidated Financial Result Digest FY2018 Q1 (Fiscal Year Ending March 31, 2018) Z TAIYO HOLDINGS CO., LTD. July 31, 2017 Any information incorporated in this document is not intended for suggestion of purchase or sale of equity share of the company. All the description and projection are based on

  2. Slide 2: Terminology

    1 Terminology Term Definition PWB Printed wiring boards SR “Solder resist ink” or “Solder mask” PKG Semiconductor packages

  3. Slide 3: Classification of Product

    2 Classification of Product Group Category Type Remarks high-end Rigid Liquid regular ・SR materials for insulation and surface PWB protection use PKG Liquid/Dry Film insulating materials FPC Liquid/Dry Film ・build-up materials for interlayer insulation and Build-up Liquid/Dry Film hole plugging use

  4. Slide 4: FY2018 Q1 Overview

    3 FY2018 Q1 Overview 1 Yen depreciating against the U.S. dollar more than the expected exchange rate *Actual exchange rate: 1USD=112yen / Expected exchange rate (as of May 2): 1USD=100yen 2 Sales volume increased year-on-year particularly in DF (Dry Film) 3 Revision to consolidated earnings forecast

  5. Slide 5: FY2018 Q1 Consolidated Financial Results

    4 FY2018 Q1 Consolidated Financial Results Results Summary JPY millions FY2018 FY2017 FY2018 Q2 Q1 Q1 new progress results results YoY % forecasts rate Net sales 11,306 12,425 +1,119 +10% 25,000 50% Operating 2,139 2,714 +575 +27% 5,200 52% income Ordinary 2,153 2,683 +530 +25% 5,100 53% income Net

  6. Slide 6: FY2018 Q1 Net Sales (YoY)

    5 FY2018 Q1 Net Sales (YoY) Analysis of Net Sales JPY millions +608 +260 +251 Foreign currency fluctuation, Increase in change in product sales volume Increase in mix, etc. of DF sales volume of PWB etc. 11,306 12,425 FY2017 Q1 FY2018 Q1

  7. Slide 7: FY2018 Q1 Operating Income (YoY)

    6 FY2018 Q1 Operating Income (YoY) Analysis of Operating Income JPY millions +306 +141 +128 Foreign currency fluctuation, Increase in change in product sales volume mix, etc. Increase in of DF sales volume of PWB etc. 2,139 2,714 FY2017 Q1 FY2018 Q1

  8. Slide 8: FY2018 Q1 Sales Results by Product Group Category

    7 FY2018 Q1 Sales Results by Product Group Category Sales Results by Product Group Category JPY millions FY2016 Q1 FY2017 Q1 FY2018 Q1 5,287 4,939 4,802 5,000 3,817 3,169 3,219 2,522 2,490 2,500 2,109 767 3,523 869 436 558 401 0 Rigid (high-end) Rigid (regular) PKG Build-up/FPC Other *This category

  9. Slide 9: FY2018 Q1 Segment Information

    8 FY2018 Q1 Segment Information Sales by Segment (including inter-segment sales or transactions) JPY millions 6,000 FY2017 Q1 5,000 FY2018 Q1 4,000 3,000 4,686 4,970 5,221 2,000 4,052 1,000 2,007 2,235 1,837 2,369 1,084 992 0 Japan China Taiwan Korea Other Operating Income by Segment (including inte

  10. Slide 10: Trend of Quarterly Performance

    9 Trend of Quarterly Performance Net Sales & Operating Income JPY millions Net sales（left axis） ● Operating income (right axis） 14,000 4,000 3,500 12,000 3,000 10,000 2,500 8,000 2,000 6,000 1,500 1,000 4,000 500 2,000 0 0 (500) Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q

  11. Slide 11: Revision to FY2018 Consolidated Earning Forecasts

    10 Revision to FY2018 Consolidated Earning Forecasts Forecasts Revision Summary JPY millions FY2018 FY2018 FY2018 FY2018 FY2018 Q2 Q2 full year full year Q1 previous new previous new results forecasts forecasts forecasts forecasts Net sales 12,425 23,200 25,000 46,400 48,200 Operating 2,714 4,100 5,

  12. Slide 12: TAIYO HOLDINGS CO., LTD.

    Ni TAIYO HOLDINGS CO., LTD. Copyright YO HOLDINGS CO., LTD. All Rights Reserved.

Taiyo Holdings — Q1 FY2018 Earnings Presentation on 6ix