Slide 1: 3Q FY20/12 Results Briefing
TSE 1st Section, 6143 3Q FY20/12 Results Briefing November 13, 2020 Sodick Co., Ltd. 1
Slide 2: Agenda
I. 3Q FY20/12 Financial Results Summary II. FY20/12 Financial Results Projections III. Shareholder Return Policy (Reference Materials) 2
Slide 3: Financial Results Highlights
Financial Results Highlights Due to the impact of the COVID-19 pandemic, sales of electrical discharge machines (EDMs) decreased sharply. Operating income fell about 70% from the same period of the previous year, mainly on account of a decline in the profitability of the plants associated with a
Slide 4: Financial Results Highlights (Quarterly)
Financial Results Highlights (Quarterly) Sales of electrical EDMs increased in the third quarter due to the resumption of business activities in Japan and the West following cancellation of the declaration of a state of emergency and the release of lockdowns. Current net income increased due to
Slide 5: Ratio of Operating Income to Net Sales (Quarterly)
Ratio of Operating Income to Net Sales (Quarterly) • Including sales of Chinese subsidiaries during Jan-Mar 2017 (approx. 3,500 Net sales million yen) Record-high • Food processing machinery sales grew in 4Q. • Operating income margin fell owing to special factors associated with the fiscal net sale
Slide 6: Details of Changes in Operating Income
Details of Changes in Operating Income Sodick had operating income of 827 million yen owing to a substantial fall in gross profit due mainly to a decrease in net sales, although SG&A expenses fell by about 1.7 billion yen as a whole owing mainly to a decrease in travel expenses resulting from rest
Slide 7: Financial Results by Segment
Financial Results by Segment (million yen) FY20/12 Full-year FY19/12 FY20/12 YoY change projection (Revised on 3Q Actual 3Q Actual (Amount) (Rate) Nov.13) ● Machine tool segment 34,498 26,317 -8,180 -23.7% 35,700 ● Industrial machinery segment 7,242 8,045 802 11.1% 10,200 Net sales ● Food processing
Slide 8: Machine Tool Segment
Financial Results by Segment (million yen) Machine Tool Segment Net sales (Quarterly) Net sales • Net sales fell substantially from the same period of the 20,000 previous year, as there was a global tendency to 16,613 postpone product shipment and facility investments in a 15,136 15,000 13,366 13,
Slide 9: Industrial Machinery Segment
Financial Results by Segment (million yen) Industrial Machinery Segment Net sales (Quarterly) Net sales • A situation where economic activities were 4,000 3,419 restrained continued due to the impact of the global 3,029 3,000 2,754 2,759 2,729 spread of COVID-19. 2,424 2,557 2,531 2,556 2,320 • Ne
Slide 10: Food Processing Machinery Segment
Financial Results by Segment (million yen) Food Processing Machinery Segment Net sales (Quarterly) Net sales 3,000 2,813 • There was a continuous demand for sanitary equipment and equipment to respond to 2,146 manpower reduction and a growing demand 2,000 1,783 1,776 related to nest-dweller consum
Slide 11: Other Segments
Financial Results by Segment (million yen) Other Segments Net sales (Quarterly) Net sales 2,000 1,781 • In the precision die and molding business, 1,588 1,714 1,603 demand in the automotive industry is moving to 1,500 1,486 1,369 1,346 1,453 1,353 1,351 pick up, but the future is still uncertain.
Slide 12: Net Sales by Segment
Net Sales by Segment Machine tool segment Industrial machinery segment Food processing machinery segment Maintenance services and consumables Maintenance services and consumables Maintenance services and consumables Machine tool sales Industrial machinery sales Food processing machinery sales (milli
Slide 13: Overseas Sales Ratio by Segment
Overseas Sales Ratio by Segment Net sales fell substantially in other regions than China. Ratio of overseas sales was 64.8%. (million yen) North and South Japan Europe Greater China Asia America 20,000 Others 15,000 Food processing machinery 10,000 Industrial machinery Machine tools 5,000 0 3Q FY1
Slide 14: Balance Sheet
Balance Sheet Net interest-bearing debt totaled 3,047 million yen (down 1,716 million yen from the end of the previous fiscal year). Assets Liabilities and net assets (million yen) (million yen) 116,978 120,000 114,647 116,978 120,000 114,647 17,254 17,264 その他負債 Other liabilities 100,000 100,000 3
Slide 15: 3Q FY20/12 Topics
3Q FY20/12 Topics 1 Development of inert gas dissolved injection molding system for 斎藤1 biodegradable plastics INFILT-V The problem with the molding of biodegradable plastics is that they have high viscosity when melted and are difficult to mold. To solve this problem, we have developed a new system
Slide 16: 原文:射出https://www.sodick.co.jp/special/WebExhibition_IPF/index_en.html#sec-K
スライド 15 斎藤1 原文:射出https://www.sodick.co.jp/special/WebExhibition_IPF/index_en.html#sec-K SC011_SM, 2020/11/18
Slide 17: 3Q FY20/12 Topics
3Q FY20/12 Topics Development and sales of a large double shaft mixer for producing instant 3 noodle dough TM350-W A large double shaft mixer, which is a machine for producing noodle dough by kneading flour and water, is capable of mixing powder and water equally with two beating shafts fixed to pro
Slide 18: Status of Responses to the Spread of COVID-19
Status of Responses to the Spread of COVID-19 Status of operations at our major sites is as shown below (as of November 13) Site Operation status Partially restrict the use of public transportation and continue to promote working at home Japan Lay employees off for several days from August to Dece
Slide 19: Reference Materials
I. 3Q FY20/12 Financial Results Summary II. FY20/12 Financial Results Projections III. Shareholder Return Policy (Reference Materials) 18
Slide 20: Market Environment
Market Environment Japan: Although there are government subsidy policies and potential demand, such as replacement demand for aging equipment, the future is uncertain due to a decline in facility investment sentiment and a tendency to refrain from investment due to the spread of COVID-19. North
Slide 21: FY20/12 Full-year Projections (Compared with Original)
FY20/12 Full-year Financial Results Projections (Compared with Original Projections) In consideration of the better-than-expected results for the cumulative third quarter and the current business environment, the full-year projection announced on August 7 was revised upward. (million yen) FY20/12
Slide 22: FY20/12 Full-year Projections (progress)
FY20/12 Full-year Financial Results Projections (progress) In consideration of the better-than-expected results for the cumulative third quarter and the current business environment, the full-year projection announced on August 7 was revised upward. (million yen) 3Q FY20/12 FY20/12 Full-year Progr
Slide 23: FY20/12 Full-year Projections (by Segment)
FY20/12 Full-year Financial Results Projections (by Segment) (million yen) FY20/12 FY19/12 Machine tool segment Projection Although there is a potential demand for Progress toward 3Q Actual (Published on projection Actual high-precision machines in the automotive Nov. 13) and other fields mainly i
Slide 24: Reference Materials
I. 2Q FY20/12 Financial Results Summary II. FY20/12 Financial Results Projections III. Shareholder Return Policy (Reference Materials) 23
Slide 25: Shareholder Return Policy and Dividend Projection
Shareholder Return Policy and Divided Projection Dividend policy: Aim at dividend on equity (DOE) of 2% or more. The annual dividend for the fiscal year ending December 2020 is expected to be 25 yen (the interim dividend of 12 yen and the year-end one of 13 yen). (yen) Dividends per share DOE 30
Slide 26: Reference Materials
I. 3Q FY20/12 Financial Results Summary II. FY20/12 Financial Results Projections III. Shareholder Return Policy (Reference Materials) 25
Slide 27: Domestic and Overseas Sites
Reference Materials: Domestic and Overseas Sites NEW NEW Sodick America Sodick, Inc. Shanghai Sodick Miyazaki Plant Kaga Plant Corporation(San Jose) (Chicago) Software Co., Ltd. (Multi-factory) Head Office and Research and Technology Center NEW Sodick Europe Ltd. (U.K.) Fukui Plant Ｑ Sodick Deutschl
Slide 28: Participation in Major Exhibitions
Reference Materials: Participation in Major Exhibitions Period Location Exhibition Notes 2020 Nov. 13- Online Sodick World Tour Japan JIMTOF Private online exhibition Dec.25 Nov. 13- Online Sodick World Tour Japan IPF Private online exhibition May 21, 2021 Changed to Web exhibition due to Nov. 16-27
Slide 29: Disclaimer
Disclaimer This presentation material has been prepared exclusively for the purpose of providing information; the material was not created to advertise, solicit, market, etc., specific products or shares of the Company. The information included in this material is not required by the Financial Instr