Slide 1: Results Briefing for the Three Months Ended June 30, 2023
Securities ID code:6859 ESPEC CORP. Results Briefing for the Three Months Ended June 30, 2023 August 23, 2023 ESPEC CORP.
Slide 2: Financial Result for the Three Months Ended June 30, 2023
Financial Result for the Three Months Ended June 30, 2023 ・Orders received remained at a high level due to strong performances in the IoT field and for EV ・Sales and profits increased significantly, reaching record highs, due to securing parts and strengthening production response Year on Year Compa
Slide 3: Summary of Profits and Losses
Summary of Profits and Losses (Millions of yen) FY2022 FY2023 Year on Year 1Q Results 1Q Results Orders Received 16,493 15,539 -5.8% Net Sales 8,725 12,275 +40.7% Cost of Net Sales 5,820 8,042 +38.2% Cost of Sales Ratio 66.7% 65.5% 1.2pt melioration Gross Profit 2,905 4,232 +45.7% SG&A 3,037 3,443 +
Slide 4: Performance by Segment
Performance by Segment (Millions of yen) FY2022 FY2023 Year on Year 1Q Results 1Q Results Orders Received 14,406 13,325 -7.5% Equipment Business Net Sales 7,221 10,580 +46.5% Operating Profit -45 803 - Orders Received 1,820 1,914 +5.2% Service Business Net Sales 1,421 1,592 +12.0% Operating Profit -
Slide 5: Analysis of Operating Profit Increase and Decrease Factors
Analysis of Operating Profit Increase and Decrease Factors Despite an increase in selling, general and administrative expenses, profit increased substantially due mainly to increased sales in the Equipment Business (Millions of yen) Equipment Business Service Business 43 -4 Other Business 93 -121 17
Slide 6: Equipment Business
Equipment Business (Millions of yen) FY2022 FY2023 Year on Year 1Q Results 1Q Results Orders Received 14,406 13,325 -7.5% Net Sales 7,221 10,580 +46.5% Operating Profit -45 803 Profit Ratio(%) - -0.6% 7.6% Environmental Test Chambers ■ In Japan, orders received decreased year on year in highly versa
Slide 7: Service Business
Service Business (Millions of yen) FY2022 FY2023 Year on Year 1Q Results 1Q Results Orders Received 1,820 1,914 +5.2% Net Sales 1,421 1,592 +12.0% Operating Profit -27 38 Profit Ratio(%) - -2.0% 2.4% After-Sales Service and Engineering ■ Orders received was on a par year on year but net sales increa
Slide 8: Other Business
Other Business (Millions of yen) FY2022 FY2023 Year on Year 1Q Results 1Q Results Orders Received 334 411 +22.9% Net Sales 135 199 +46.8% Operating Profit -56 -48 Profit Ratio(%) - -41.8% -24.5% Environmental Preservation, Plant Production Systems ■ Orders received for plant research devices increas
Slide 9: Sales by Market
Sales by Market Stronger procurement activities assured production volume and net sales increased in all markets. In particular, expanded mainly in IoT and EV-related markets, which are in the cutting-edge technology field. 電子部品・電子機器市場 Non-Consolidated (Equipment Business) 自動車市場 半導体市場 研究機関市場 その他市場 1
Slide 10: Sales by Region
Sales by Region Net sales increased in all regions. The overseas sales ratio rose as net sales increased particularly from China, North America and Europe. FY2022 1Q FY2023 1Q Overseas sales ratio: 56.4% Overseas sales ratio: 63.6% Europe & North America China 20.6% Taiwan 24.8% South Korea 43.6% So
Slide 11: Forecasts for FY2023
Forecasts for FY2023 (Millions of yen) FY2022 FY2023 Full Year 1Q Forecasts Results Results 1H 2H Full Year Year on Year Orders Received 59,521 15,539 26,500 27,500 54,000 -9.3% Net Sales 52,892 12,275 26,000 30,000 56,000 +5.9% Gross Profit 17,957 4,232 8,750 10,250 19,000 +5.8% Profit Ratio (%) 34
Slide 12: Segment Financial Forecasts
Segment Financial Forecasts (Millions of yen) FY2022 FY2023 Full Year Forecasts 1Q Results Results 1H 2H Full Year Year on Year Orders Received 51,446 13,325 22,550 22,950 45,500 -11.6% Equipment Business Net Sales 45,031 10,580 22,450 25,250 47,700 +5.9% Operating Profit 3,919 803 1,870 2,800 4,670
Slide 13: FY2023 Dividend Forecast
FY2023 Dividend Forecast Basic policy on profit distribution Our basic policy is to determine dividends taking into account sustainability and the dividend payout ratio ・In addition to a dividend payout ratio of 30%, we will add dividends with 1/3 of the excess amount of scheduled necessary funds as
Slide 14: Main Initiatives in FY2023
Main Initiatives in FY2023 Equipment Business ・Boost earnings power, normalize delivery schedules, and rapidly clear the order backlog ・Strengthen response to the globally expanding battery market Service Business After-sales Service: Expand preventative maintenance services through “super support s
Slide 15: Main Initiatives for ESG in FY2023
Main Initiatives for ESG in FY2023 ■E (Environment) ・Promote the 8th Medium-term Plan on the Environment (FY2022-2025) ・Global warming countermeasure: Change to low-GWP refrigerant, Reduce CO2 emissions in business activities such as manufacturing ・Biodiversity conservation activities: Contributions
Slide 16: TOPICS 1
TOPICS 1 Expanding Lineup of Semiconductor Inspection Expanded Lineup of RF Anechoic Box Type Equipment Burn-In Chamber Support for High Thermostatic Chambers Support Temperature Heat Generation Load Characteristics Testing of 5G Communication Devices ・In March 2023, expanded the Burn-In Chamber ・In
Slide 17: TOPICS 2
TOPICS 2 ESPEC MIC CORP. Started Joint Research at Kawasui Kawasaki Aquarium Using Aquaponics In June 2023, ESPEC MIC CORP. started joint research with Kawasui Kawasaki Aquarium and the Laboratory of Tropical Crop Science, College of Bioresource Sciences, Nihon University on a demonstration experime
Slide 18: TOPICS 3
TOPICS 3 Signed an agreement for promoting SDGs Biodiversity conservation activities with the University of Hyogo “ESPEC’s 50-Year Forest” tree-planting festival ・In August 2022, ESPEC signed an agreement with the ・Launched forest creation for “ESPEC’s 50-Year Forest” University of Hyogo aimed at pr
Slide 19: External Recognition
External Recognition ■2023 Apr. ・Selected for the First Time as an Asia-Pacific Climate Leader by the Financial Times in the UK and German data provider Statista. Mar. ・ Selected for the First Time as a Supplier Engagement Leader, the Top Rank in the CDP Supplier Engagement Ratings Feb. ・ Ranked 372
Slide 20: 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