Slide 1: ESPEC Corp. 6859
Fiz 1—K 6859 espec TANY7RAS4A 20133 A MRA HAS 201355238 WWW.eSpec.co.jp
Slide 2: Agenda
a AR BRE SO HE / FAs ) 20133 AMR ME 20133 AMRA CAXAVbGIA 201443AH #278 20145637 FF easte Sent Copyright (C) 2013 ESPEC CORP. All rights reserved 2 LANYIRASHA
Slide 3: Business overview
BRUZ( FAROE Bist) ee ee ‘SBR. HERES -feHEe SRS ey : SHESEE HARB -BDm : TURURESmAR|HASTHey “OE eon 5 KN Bea. tia, “~= RES = CREE OVERGRE | -—RT “R&D Le r7S-7 128 RR AREERRE “ANH EME GH = ABS GRE REKEHR | -eE WLI ee ee, ee Cee | ‘ame ae HEIYATL . “BR. Fi Fpppmueg = “RAI vA 77 “LCD ee ~ {EBRR500°C IU —
Slide 4: ESPEC
ESMEC 2013354 RGM
Slide 5: Results summary
RAI BARS ORARANORBERIANCGSS, SA ess P/L © Ls. BRE X-D-OMBNGIEAICRASHERICKE PHS, TV AhO=FAX—-N—-ZSISUHCLEBA HHO ERC LIVRES TOLER. BS DSi 0 RR#ORS-MSARORRICLY, SRAM MTS, RERAOWMCKY, Mimsy B/S, C/F OM RAZ. AMTACCOBMCLY, BASH) 1 OMA OE WHE BRECCCBML, ACARI, 1. 4h UNEMLTG. 2% © BRCFHSLURACFOREBICL), AAEM
Slide 6: FY2013 results overview
HzO iki iis coli sola iti CsMiES soli Flat nS Be Flat 2 Fat AAPA at Copyright (C) 2013 ESPEC CORP. All rights reserved 6 20133AM RAMS (BAB) 31, 692 30, 412 31, 906 30,799 <A3. 5% 21, 367 20,518 A3.9% (66. 9%) (66.6%) (AO. 3pt) 10, 538 10,281 A2.4% 8, 710 8,415 A3.3% 1, 828 1, 866 2, 076 2, 162 4.1%
Slide 7: Operating income change
201353AM RARE = x NmOwReAD IH amen 2” | | P-e2RR : : i towse+HzA | | | =360 OT A472 nog 215) im oO H | i fi +h | # RR fi R 126 | € ¢ GF 8 #¢ g %F RR 8 R 1,828 | | 1,866 \ DN J ~a a ! A402 145 N - y BLOWMIRLS — ReEOR BI | 995 ee EROS 12/38 ES +38 Copyright (C) 2013 ESPEC CORP. All rights reserved 7 L
Slide 8: Balance sheet changes
BE -BmOBREARDI (SBF) A-tREOR A36 2.019141,9501 600 = A194 A742 405 10M 247mg G08 t A ® fz # es &£ 5 £ g£ # x & & a om mf ft 2 > # 8 - =£ =F i it 86 = Oo mw it ¢ * BD 8 8 th a (of i Zz € & Boa 38,628 39,724 38628 = a 39,724 +1,096 +1,096 12/3mx 13/3R 12/3HK 13/38 SRA. AMLSCCOMMICLY, BRE H 1 OMAN Copy
Slide 9: Cash flow
201353AM RARE (BAR) 3 4 Foy 317O—Oik foe] e MCR Ee SACS A RC IR EDS HS BROP +601 WO Me HATES BES) MHOWE 3,765 HK<ERCRS RORMMCRSD (RHSLCS RS PRAM REGRm TCH oP BH ie SR HEANN ETN LAN YI RAS 9 Copyright (C) 2013 ESPEC CORP. All rights reserved
Slide 10: ESPEC
ESMEC 2OISE3AGRG COXA
Slide 11: Results by segment
- 2013%3AMRE COXVbADH CAIKAVbE EI DAR (SBP) | eaxvh |_| 2012/3m | 2013/3m | mimmtt [20s reiERt FALG tm 25, 551 24, 051 A5. 9% 26, 700 25, 889 24, 368 A5. 9% 25, 700 “SRES 1,559 1, 339 A14.1% 1, 450 5, 320 5, 169 A2. 8% 5, 300 5, 301 5, 201 A1.9% 5, 300 486 650 33. 7% 600 952 1,322 38. 8% 1, 200 ALS
Slide 12: Net sales and operating income
SHWRACHMWRAOLAD IH ee toes | | Le | srs [aap 31,906 30,799 220m G4 OO 1,828 1,866 | | +38 wa > Lone mae > sams © Y-EAZRR OWE. EO th BRO RF tate MORI a Copyright (C) 2013 ESPEC CORP. All rights reserved 12 LANYIRASHA © RBSRCV-EABRAROL, BM
Slide 13: Segment commentary
B BAST. HRRODLEATHORABEON BS Rt. WAM HRERECVK( YF eV \—ld, SERA AML CARICIMT Sb, RAMOABREMS<K, SHORTLE ML IEAST B BAHT. BWP BAT —-FERMSICKES B fC. SR GLACIAL TRY LIY-—FINARE BM LANYIRE TCS. RAMTEC TCRRORMI SRLS RAR LIBS, Rite DALacHcwAAbe tiem B LANY9F77/ RASH. AEORAM ACLU LARISA CAICRYD B 2e tls, S
Slide 14: FY2013 results by segment
2013%3A EFAVEM DA Re BRCIXY/ 2013/3 Copyright (C) 2013 ESPEC CORP. All rights reserved 14 LANYIRASHA
Slide 15: Environmental test equipment results
2013%3AMRA LIAB Y-EARRLIXYA 2013/34 2012/3 A2. 8% A1. 9% BRA [Uses (%) ] BAOCRNRECICLU AML CRIES TLE CECRY ENOTFAMAY VT ACSW TAGE RRS SCE EIA AS HB. MMM CRIES HL eCbCeM Copyright (C) 2013 ESPEC CORP. All rights reserved 15 LANYIRASHA
Slide 16: Segment results
201383 AMRA LOAD EO th FRA XY/ (BAR) 2013/34 2012/31 BOSBLE cot 61.4% 1, 200 A150 -9y [Alea (%) J “ [-%] WURLYYIP UL + BML B RRLY INK P UY IER CSEAL CUER ISU AICHB ST SCCle, MLB RC5l CRKEAWECRELEARRTEMA MB fC, Vitm- TlhMCS CAML THM Copyright (C) 2013 ESPEC CORP. All rights reserved 16 LANYIRASHA
Slide 17: Sales by application
THs Bsc bs AL B (RB R) 100% 80% fF : 60% 5 40% 5 20% ox 2 " 13 10/388 11/388 12/358 13/358 At OHS Ons O7FINN $F" 427 V4 Ts ORF ER a - BTM he OES TR Copyright (C) 2013 ESPEC CORP. All rights reserved 17 LANYIRASHA
Slide 18: Sales composition
201353 AMRA LOAD HOLE GU To_E res tes LE 2012/3 2013/3 moses: 34, 1% 3.3% 10.5% 3.6% 10.6% 12/73 6.1% 65.9% at 31, 90685 (tsb :10, 88485) Copyright (C) 2013 ESPEC CORP. All rights reserved 18 LANYIRASHA
Slide 19: ESPEC
ESMEC 20144344) B77 at Copyright (C) 2013 ESPEC CORP. All rights reserved 19 LANYIRASHA
Slide 20: FY2014 forecast
201453A0i SRA 2013%3AM 201443AM Rik Bim sc ki 30 Bar| 3 2 OfSFALLE enseniss 18. 618r;| 2 3 FALE BRA me 6. 1%| 7*UE Copyright (C) 2013 ESPEC CORP. All rights reserved 20 LANYIRASHA
Slide 21: FY2014 initiatives
20143AM BATS 1. EU AE—F 4" le, LWP FEIT" le PLR IG HEE TS 2. BATHS THSRSLOle “RAH OMA CMHC” ZHS Copyright (C) 2013 ESPEC CORP. All rights reserved 21 LANYIRASHA
Slide 22: Initiative 1
BH W—-YF7/0Y-hwtO RUM AREA OLA Q-YFF7/OP—MBORKR -LAA—-ICS SWRA KE CHS »> IaA-2 tale ‘BHA REHORSECMISRREEZOMA BRU SA 100. (Bits 9U-—y +9 709—ThB RRR 8LIY-FINAZARE yy 80 45 201443708 tH #60 | (Bt) 9U—y 59 /09-Te ff 40 - ; 245 LE 4518 | “20 - 0 a .- ao Ri Copyright (C) 2013 ESPEC CORP. All rights reser
Slide 23: Initiative 1 details
20143 AHH Beet AH1 A—-YF7/OY-hBtO FR JH 8G HOSEA LtY-FINTARE i ie [ABSMERRE) (SRE AASLE) (AMBUT OVE GRE) (VISE) (EMR + REAR Et | INT — 2K Copyright (C) 2013 ESPEC CORP. All rights reserved 23 LANYIRASHA
Slide 24: Initiative 2
AM ETE Att2 BRBRMITOZRRCRET YT his ORM BIBLE PH-7VP RIROAE—-KP YT HBS EI CISEEIZEOBU USED Ran THE THRMAOMBISASU > -RBPY7T#£MO . PUP z ; REP YPAODARLROS Thais AXP AORE (ia) ee be 100 | 20143 AH tH & (BE) seo 50 | ALS 12084 0 1 201 ‘om 201 ca 201 498 Copyright (C) 2013 ESPEC CORP. All rights reserved
Slide 25: Initiative 2 details
AH2 SRERMITVORRORM’ IT his ORME BHLEPE PUP RIBOAE—-KP YT BRmIT-7YIOU BRP OP HROmMhEX (— » Hel et ESHicCET RPVTV LEWO +eR8eiir ARREST NTS XN J TASEANtA—-hF27 | f~ ™ OF pd MH AET IO \ SJ Het etStow XY SJ Copyright (C) 2013 ESPEC CORP. All rights reserved 25
Slide 26: Initiative 2 overview
AH2 SRERMITVORRORM’ IT his ORME BHLEPE PUP RIBOAE—-KP YT PRFEF SHOR (1) BS SMe (LR) ARAA) (2) PrtEdh PR ARE Bh (3) RRA BSR OW WE (SARRMRLE) (4) BRAB kabel Ris. Mise (5) RAG 37,000 FAR (6) Hits ESPEC (CHINA) LIMITED (23#t 100% 224t) 100% (7) RMA FM 25578 (8) Re 125 Copyright (C) 2013 ESPEC CORP. All
Slide 27: Initiative 3
201453AM 278 AHt3. HAHA CTOBRBANMAL ERT BO S16 ERMBOS< TH, SRICECR -BRMMEMA ‘IIT TOMRBRAER > meemonanmt oso, (itd) BALE 200 - gm 150 20145358 tH F100 - (a) BATE 50 | Lm 20084 0 201 1232013 omom014 408 Copyright (C) 2013 ESPEC CORP. All rights reserved 27 LANYIRASHA
Slide 28: Initiative 3 details
201453AH Eat AHt3. BAT TOSRBAOMAC BRT Se Se O) 5h $216 BPSRRAtIA [ TAA—-MBICSWISAAZSLAIMN | [ F417 this COBRA | a (ME) RINT —T REE ICIC LS RU BAe BRS ROME | MATE YEAR BY HAC { BESS Gia Fed FF Se ERR ) Copyright (C) 2013 ESPEC CORP. All rights reserved 28 LANYIRASHA
Slide 29: ESPEC
ESMEC 2014354 BG Copyright (C) 2013 ESPEC CORP. All rights reserved 29 LANYIRASHA
Slide 30: FY2014 forecast
2014437 FA seate (BAR) 3ih SH 2014/3548 st B2QkEt iia iis 30,412 15,000 A7.0% 32,000 5. 2% 14,290 30,799 14,500| 1.5% 32,000 3.9% LMA 4,925 10, 281 5, 000 1.5% 11, 000 7.0% Des 30)) [34.5%] [33.4%] | [34.5%] . 134. 4%] _ Sil 850 1, 866 900 ° 2, 300 ° Ty) 15.9%) 6.1%) | (6.2%) 9% 17 9%) 292% RAR 876
Slide 31: Forecast by segment
2014437 Fi saEte RERRCIXV/ (BAR) 2013/38 Xia 2014/338 sti 2QREt #4 25, 500 6. 0% A8. 7% 550 1.1% 25,500 4.6% Beal ee 700 9.0% 1,650 [AUER (%) | (6. 1%] [6.5%] 29. 2% Copyright (C) 2013 ESPEC CORP. All rights reserved 31 LANYIRASHA
Slide 32: Net sales and operating income forecast
Y—-EARRUIAY/ eel = (BAR) ia BOSE RBG Belk 250 600 [Agee (%) | [10.0%] 411.3% [44.3%] 47.7% Copyright (C) 2013 ESPEC CORP. All rights reserved 32 LANYIRASHA
Slide 33: Forecast items
EOhBREAX YL Soon aa (SAB) B2QMEt ct] = 1, 300 A1. 7% 491 1,365 500 1.8% 1, 300 A4, 8% eFt A75—s A128 _ _ USE (%) J [-%] [-%] aot 50 Copyright (C) 2013 ESPEC CORP. All rights reserved 33 LANYIRASHA
Slide 34: Capital expenditure and R&D
3,000 - (FA) 30) mR oR 2,000 + (FM) 20 + 18 18 1,000 + 15 15 0 10 | 8g 1 A 1,000 7 7 0 A 2,000 10/389 11/38] 12/38) 13/39) 14/3HA A 3,000 Copyright (C) 2013 ESPEC CORP. All rights reserved 34 BR 2014F3AM Bate REOALSEN OMMET ERE ORRREO—OOMMT SLCC, KENE PR MHEOM LAKE MER LOBACHA, CASMRECH AEM SMR RE K
Slide 35: Medium-term plan
Ch RR Sst lc UT PH St lou T 2B THS201 ZITAT Hit ETHS201 SF EORM AME RIELE PROGRESSIVE HHRMA 2011E~2013E P IW—LLIN-Pay EBB NEPRAFLYACESA, “MOORE MTS | 4 mB 20115 A «20125 BR 20135 am Le 315 fet 350fe AE 400fe At meee 138 FGLE 25¢8RILLE S20 FILE BRARE 4%WE THULE 8%WE 2011F RRA TLR 319K 2012FR RM TLR 3
Slide 36: Quality is more than a word
Quality is more than a word ESDEC Copyright (C) 2013 ESPEC CORP. All rights reserved 36 LANYIRASHA
Slide 37: Contact
CORP. SHOREOH MP RARBLECABEN THES. ENSHROHHP PRMBSES, WEAF RECRRESCl, SHAH - PHMLELEOTHVET. RRORMECIS,. SROMVERA- RRICLVCOH MSEC RESIZED", CNRS TORREBHLE, REET SEO Tt TEWECA. [SHUBots) LAN Y7RNS A 7530-8550 APBRALRKHH3-5-6 TEL 06-6358-4744 FAX 06-6358-4795 e-mail ir-div@espec.jp CSRHBARR WA #@— ERR
Slide 38: Reference
ESMEC SeaH
Slide 39: Company profile
SHiRe 2a & A>HLIEMT RF BAA LSA iA KAT ARAB RAR RRB IANY7 RNS > AM AE RMR S—5-6 BB HH (ULE FESS) § 584122557 A258 529551138 6.89585 23,781,394#k 1.317% (48 ) eR. LF DF NIA- PS FP MRE. HVLRORE Ms. PIZ—V—-EA, BTMREC (2013%3A 31 ARE) Copyright (C) 2013 ESPEC CORP. All rights reserved 39 LANYIRASHA
Slide 40: Overseas subsidiaries
FA—-MNVAYNI—-F e. * . 1. £03 AESPEC EUROPE GmbH @LANY 7H) @LANYITI/H @LANIIANH @LANYIEIIH A®S9977?-LAOD I Som, FO-NWRIET-F PAIN @ESPEC( CHINA )LIMITED @ESPEC KOREA CORP. |EE @ DWT: @ By YhoI—o -— OLR Wii TeTR RR ie A IRA) | CORUM Re tis ARAA ABN TEMBER LS) ARRAS] “ fe pe ee @ESPEC NORTH AMERICA, INC
Slide 41: Business history
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Slide 42: Company history
FROZE BiB Cok nN SEIRILIACIC) i FIFI IMIVAKEAADR 1965 1975 1982% 20119 +RRARERE BY ATL BteAne BREA a BRSA Copyright (C) 2013 ESPEC CORP. All rights reserved LAN YIRASHA
Slide 43: Product lineup
( Fete Se ele BRAS OD FAs Se il A-TEF-Yay [RB UIT U— FAA FEA / BRE watteR (N9-F7572) BARBRA: —400O+125C BRGSRE rd ame | Rm: + 175°C, 485°C ONBDA-T wR Nt (Rtv y—) ae BRROREY17 RR: —40004+110T CMBR TIFTA)/A-TY @ BISAKARORESERR: -—3005+85CHEV=7EE | N-YIYRE- ARRERGF YUN iii | BOOMER: —30CORTO+800, 55004
Slide 44: Topics
2012125 PKEINVARISWYFU—FAS— ““RERORKMERMYATL FIP IARI HROUBS, ARERERDS 2012%5H BwA-Ty *GLRBKAO% *NABVIZABRE 20125F Fetes (RAD) iE mE AD+2C+5% GREE *BLARK31% 2012%3H fem 7IFFAIV—-A -SRBCITY PT 20114115 201127108 2010#115 201098 Caen SAERRETSAYY—Z inBRR7IFFITAILY—-2 HRBREOK IY Fr UN EYY-ZX @RAGSRBETSA
Slide 45: Topics
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Slide 46: Topics
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Slide 47: Topics
(RBSR) +S4CREREOMESHl PRAT NANBORBLEICSUT. BEIM GREER BSB GYATL Copyright (C) 2013 ESPEC CORP. All rights reserved 47 LANYIRASHA
Slide 48: Products
Fe +6 0) BUSt ra ab ees He (RBS) FPORBRE SHR RBM Sem RH <<a | ee SAH PATS Hae A-RKBLHM R-BSHe <> SAKA Ri LAN YI RAS (7L1 8)
Slide 49: Testing services
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Slide 50: Eco products awards
EORRR BRO< BEARS —SICLOHBRE. He RFE EBLORISY BxKao<y WKEBVERALZA, BRET. BER FORM, 2K FHE LR: 314 Eh? 9 /KRRORAICMRNGAICK BL SHRbYATL LANYIEIIDTFHVVIN REST) 1H — LAVOSIYKRHHLGARSERORSHLAVASIYARK BHREARUE (RMR) eRRLELE ! . eco products awards X20, MAAR ORIEL ARR -$-ER (TAVOFTY) KT SMe oO Poeoll B<BASC
Slide 51: Topics
(TOhBR) TOPICS MO AK wt T ~ERIIAA JIIABRREMRIELE~ BE RAM THANE LEOERe LANYISIIMAVIAL, 20133 A lc5 <HEALHBEMLSCL CHHRAMROBMLE> LED 2A aS Copyright (C) 2013 ESPEC CORP. All rights reserved 51 LANYIRASHA