Slide 1: Business Report for FY2010
1/31 Business Report for FY2010 From Apr. to June 2010 SMK Corporation July, 2010
Slide 2: Outline of 1Q Financial Statement
2/31 FY2010 Outline of 1Q Financial Statement Director and Executive Vice President Hajime Yamada
Slide 3: Consolidated Financial Result
3/31 ＜Consolidated＞ Financial Result Income : Sales Amount : FY2009 FY2010 Million yen Apr-Jun Apr-Jun Million yen +2.4% 20,000 4,000 15,684 16,056 15,000 3,000 +72.0% 10,000 2,000 1,215 937 5,000 706 706 1,000 628 374 0 0 Net Sales Operating Income Ordinary Income Net Income
Slide 4: Consolidated Sales Expenses
4/31 ＜Consolidated＞ Sales Expenses Unit : FY2009 FY2010 ( ) : percentage to Million yen Apr-Jun Apr-Jun sales amount 20,000 14,978 14,841 Material costs (95.5%) (92.4%) [(Material costs＋Expenses for external manufacturing processing) Expenses 15,000 external improved by 3.3%] manufacturing 58.8%→55.
Slide 5: Analysis of sales expenses
5/31 ＜Consolidated＞ Analysis of sales expenses Analysis of factors for increase/decrease of consolidated operating income [ FY2009 APR-JUN VS FY2010 APR-JUN ] Total Unit : Million yen 1,000 509 million yen Factors for profit increase Factors for profit decrease 525 Total 791 500 Total -282 153 109 I
Slide 6: Non-operating profit and loss
6/31 ＜Consolidated＞ Non-operating profit and loss FY2009 FY2010 Unit : Million yen APR-JUN APR-JUN ( ) : percentage to 0 -278 sales amount (0.0%) (-1.8%) 500 Currency [Exchange loss 264 million exchange yen increase] profit/loss 1．FY2009 1Q 250 2009/Mar ¥ 98.23/$ Revenues from 2009/Jun ¥ 96.01/$ and
Slide 7: Extraordinary gain or loss
7/31 ＜Consolidated＞ Extraordinary gain or loss FY2009 FY2010 Unit : Million yen Apr-Jun Apr-Jun -2 5 100 Gain on bad debts recovered 50 46 Gain from sale of fixed assets 24 4 0 - 13 2 △ 1 loss from sale of fixed assets -50 - 59 Gain on reversal of subscription rights to shares -100 Other Income befo
Slide 8: Financial Highlights (Quarterly)
8/31 ＜Consolidated＞Financial Highlights (Quarterly) １．FY2010 Plan Unit : Million yen 1st Half Term 2nd Half Term Fiscal Term 1Q 2Q TOTAL TOTAL TOTAL (10/Apr- (10/Jul- (10/Apr- (10/Oct - 11/Mar) (10/Apr-11/Mar) Jun)Result Sep)Plan Sep)Plan Plan Plan ① Net Sales 16,056 16,944 33,000 34,000 67,000 ② Op
Slide 9: 1Q Financial Result compared with FY2009 4Q
＜Consolidated＞1Q Financial Result 9/31 compared with FY2009 4Q Sales Amount : FY2009 FY2010 Income : Million yen Jan-Mar Apr-Jun Million yen +0.8% 20,000 4,000 15,927 16,056 15,000 3,000 +232.0% 10,000 2,000 1,215 937 5,000 1,000 536 613 628 366 0 0 Net Sales Operating Income Ordinary Income Net Inc
Slide 10: Analysis of sales expenses compared with FY2009 4Q
＜Consolidated＞ Analysis of sales expenses 10/31 compared with FY2009 4Q Analysis of factors for increase/decrease of consolidated operating income Unit : Million yen [ FY2009 JAN-MAR VS FY2010 APR-JUN ] Total 1,000 849 million yen 723 Factors for profit increase Factors for profit decrease Total 1,1
Slide 11: Consolidated Cash Position
11/31 ＜Consolidated＞ Cash Position Unit : Million yen ２０１０/MAR ２０１０/JUN Differential （Ａ） （Ｂ） （Ｂ－Ａ） Assets 56,113 55,927 －186 Cash and cash equivalents 8,758 8,879 121 Accounts receivable 16,337 15,832 －505 Inventories 5,240 6,084 844 Fixed assets 22,133 21,396 －737 Liabilities 24,986 25,477 491 Acco
Slide 12: Consolidated Cash Flow Position
12/31 ＜Consolidated＞ Cash Flow Position Unit : Million yen FY2009 APR-JUN FY2010 APR-JUN Operating Cash Flow 2,343 1,487 Working capital 74 358 Income before income taxes 704 942 Depreciation 946 835 Accrued bonus etc… 619 －648 Investing Cash Flow －535 －734 Free Cash Flow 1,808 753 Financing Cash Fl
Slide 13: Consolidated Segment information
＜Consolidated＞ Segment information 13/31 FY2010 Apr-Jun Unit : Million yen Segment report TOTAL （Quarterly CS FC TP consolidation Others profit and loss Division Division Division statement ） Net Sales 6,087 7,994 1,940 35 16,056 Segment Income 280 902 9 24 1,215 （Operating income)
Slide 14: FY2010 1Q Result and Prospect
14/31 FY2010 1Q Result and Prospect President and COO Tetsuya Nakamura
Slide 15: Half Fiscal Term Performance (FY2008-FY2010)
15/31 Half Fiscal Term Performance (FY2008-FY2010) Unit : Million yen 50,000 8,000 44,600 102.2% 45,000 7,000 40,000 6,000 35,000 33,000 33,000 34,000 5,000 32,280 32,091 3,165 4,000 30,000 28,142 3,000 25,000 115.6% 2,100 1,710 1,600 1,800 1,643 2,000 1,996 1,300 1,900 20,000 1,282 1,250 1,300 1,35
Slide 16: Full Fiscal Term Performance (FY2008-FY2010)
16/31 Full Fiscal Term Performance (FY2008-FY2010) Sales Amount : Income : Million yen Million yen 80,000 104.1% 8,000 72,742 67,000 7,000 70,000 64,371 6,000 60,000 5,000 50,000 3,900 129.1% 4,000 40,000 2,582 3,200 3,000 2,479 2,600 2,000 30,000 1,029 1,862 1,000 20,000 238 0 10,000 -1,000 -1,620
Slide 17: Trends in performance: Net Sales (Quarterly)
17/31 ＜Consolidated＞Trends in performance Net Sales (Quarterly) Unit : Million yen 90,000 87,659 80,000 20,688 72,742 70,000 64,371 12,704 60,000 22,940 15,927 15,438 4Q 50,000 3Q 40,000 16,164 2Q 1Q 23,610 23,243 30,000 16,596 20,000 21,357 102.4% 10,000 20,421 15,684 16,056 0 FY2007 FY2008 FY2009
Slide 18: Trends in performance: Operating Income (Quarterly)
＜Consolidated＞Trends in performance 18/31 Operating Income (Quarterly) Unit : Million yen 6,000 5,654 306 5,000 1,541 4,000 3,000 2,479 4Q 2,088 238 366 3Q 2,000 470 2Q 929 937 1Q 1,000 1,719 172.1% 1,067 1,215 706 0 -933 -1,000 -825 -2,000 FY2007 FY2008 FY2009 FY2010
Slide 19: Net Sales by production division
＜Consolidated＞ Net Sales by production division 19/31 (FY2009~FY2010) Unit : Million yen ( )：Composition ratio 80,000 Reference 70,000 67,000 215 Others 64,371 9,198 60,000 8,974 (14%) (14%) 50,000 27,637 31,612 40,000 (43%) (47%) 30,000 Reference 20,000 16,056 35Others 15,684 2,368 27,759 1,940 (12
Slide 20: Operating Income by production division
＜Consolidated＞ Operating Income by production 20/31 division (FY2009~FY2010) Unit : Million yen 3,500 3,200 Others 49 3,000 222 Reference 2,500 2,479 183 2,000 1,993 1,500 1,516 1,215 24Others Reference 9 1,000 706 902 128 500 257 936 779 321 280 0 FY2009 1Q FY2009 Fiscal FY2010 1Q FY2010 Fiscal Ter
Slide 21: 1Q Net Sales by Market (FY2007-FY2010)
Reference: 1Q Net Sales by Market (FY2007~FY2010) 21/31 Sales Amount : Million yen 25,000 21,357 102.4% 20,421 490 20,000 328 1,417 1,311 2,354 2,035 15,684 16,056 195 281 15,000 832 1,108 1,768 1,863 8,390 8,464 10,000 6,799 5,825 1,777 2,012 1,846 5,000 1,300 6,579 6,618 4,787 5,131 0 FY2007 FY200
Slide 22: SMK's Basic Management Policy
SMK’s Basic Management Policy 22/31 Basic Stance Expansionary Course Accompanied by Fair Profit Technical and product development Responding Respondingtotomarket market Emphasis on “monozukuri” paradigm paradigmshifts shifts Volume zone-aware product development Environment, energy and health Value-
Slide 23: FY2010 1Q Market Trends
23/31 FY2010 1Q Market Trends Vice President Hiroshi Miyakawa
Slide 24: Audio & Visual Market 1Q Sales
Audio & Visual Market 〈 1Q Sales 〉 24/31 Unit : Million yen ■FC 7,000 6,618 107.2% of 3 previous year Increased sales due to greater share of the market for flat TV RF remote controls 6,000 4,787 5,131 Others 5,000 TP Others 1 3 0 10 4,537 4,000 Increased sales of modems for set-top boxes 3,000 FC 4
Slide 25: Car Electronics Market 1Q Sales
Car Electronics Market 〈 1Q Sales 〉 25/31 Unit : Million yen 142% of 2,000 2,012 previous year 1,846 ■TP 7 Others Increased sales of touch panel for car navigation 767 systems 1,500 ■FC 1,300 898 Increased sales of microphone units for car TP navigation systems and 1,000 455 remote controls for 561
Slide 26: Telecommunication Market 1Q Sales
Telecommunication Market 〈 1Q Sales 〉 26/31 Unit : Million yen 10,000 ■TP 8,464 Decreased sales of 85.7% of touch panel for 10 domestic mobile 8,000 1,241 previous year phones 6,799 5,825Others ■FC 4 TP 6,000 1,176 8 Increased sales due to FC 520 greater share of the 719 market for smart phone (over
Slide 27: Personal Computer Market 1Q Sales
Personal Computer Market 〈 1Q Sales 〉 27/31 Unit : Million yen 2,500 2,354 105.4% of ■TP 22 previous year Reduced sales of touch 532 panels due to POS 1,768Others1,863 2,000 production adjustment 19 10 ■FC TP 497 Increased sales of 1,500 587 remote control for 870 Windows 7 and optical receiver 1,00
Slide 28: Order index transition by Market
Order index transition by Market 28/31 (FY2008 1Q=100) 120% 111% Car Electronics 110% 106% 100% 102% 99% 100% 97% Personal Computer Audio & Visual 92% 97% 86% 84% 83% 78% 79% 80% 80% 75% 73% 77% 74% 70% 72% 69% 70% 62% 59% 61% 65% 60% 64% 60% 54% 52% Telecommnication 51% 48% 40% FY2008 1Q 2Q 3Q 4Q F
Slide 29: Emphasized market in volume zone
Source by SMK Emphasized market in volume zone 29/31 Mobile Phone Personal Audio & Visual Market Market Computer Market 13% 9% CRT TV 20% Desk Top 33% 28% 37% 42% 49% Standard Type 40% 78% 75% 52% 85% 81% Flat Panel TV Note Book(exclude 65% mini-notebook) 51% 54% 70% 46% 41% LED Back Light Smart Pho
Slide 30: Proposal of Connector to Eco-Product
Proposal of Connector to Eco-Product 30/31 For LED Back Light For Solar Light Panel Board to Board Connector Connectors for Photovoltaic Module For Smart Meter Wire to Board Connector Coaxial Relay Connector Connector
Slide 31: Notice
31/31 Notice All information in this material concerning the forecast of business achievements, projections of general business conditions and our business strategies is dependent on our conclusion made to a normally foreseeable extent applying information reasonably accessible to us at the time of