Slide 1: Consolidated Performance Briefing FY2023 2Q
SUMIDA CORPORATION Consolidated Performance Briefing <FY2023 2Q ending June 30,2023> August 1, 2023
Slide 2: FY2023 2Q Performance Results
FY2023 2Q Performance Results CEO Kanji Hori Copyright© 2023 SUMIDA CORPORATION. All rights reserved. 2
Slide 3: Sales & Operating Profit
Sales & Operating Profit （100 million yen) +15.4% Sales in 2Q 2023 grew year-on-year due to 387.5 376.4 376.6 100 355.5 expansion of EV/xEV and green energy- 326.4 related businesses as well as favorable effect of foreign currency exchange rates. 50 31.5 The highest-ever second quarter operating
Slide 4: Sales by Market & Sales by Region
Sales by Market & Sales by Region （100 million yen） Automotive +10.1% 206.7 Asia（excluding China/Taiwan） ） China/Taiwan 187.8 -8.2% 2022 2Q 2023 2Q 66.9 +17.3% 68.1 91.0 83.6 Industrial +68.7% 110.6 2022 2Q 2023 2Q 2022 2Q 2023 2Q 65.5 North America/Others Europe 2022 2Q 2023 2Q +46.6% 157.2 Consume
Slide 5: EV/xEV-related sales
EV/xEV-related sales Focus on decarbonization-related applications as well EV/xEV-related main products as EV/xEV-related businesses. Mid-term Business Plan FILTER MODULES GATE DRIVER FOR IGBT SMPS FOR INTERNAL POWER SUPPLY BMS Aim to raise the portion of EV/xEV-related sales to 20% or more of the t
Slide 6: Outlook for FY2023 3Q
Outlook for FY2023 3Q Comparison with 2Q Strong demand in the Automotive market centered on EV/xEV-related businesses is expected to continue. Businesses in Europe’s Industrial market will stay strong. In China/Taiwan, demand in the Consumer Electronics market will remain weak. Items havin
Slide 7: FY2023 2Q Consolidated Financial Results
FY2023 2Q Consolidated Financial Results CFO Yoshiyuki Honda Copyright© 2023 SUMIDA CORPORATION. All rights reserved. 7
Slide 8: Income Statement for FY2023 2Q
Income Statement for FY2023 2Q （million yen） 22.2Q 23.1Q 23.2Q Change % Change % （A） （B) （C） （C)/(A) （C)/(B) Sales 32,636 35,552 37,662 15.4% 5.9% Gross Profit 4,012 5,255 5,735 GP% 12.3% 14.8％ 15.2% Operating Profit 1,348 2,259 2,979 121.0% 31.8% OP% 4.1% 6.4% 7.9% Financial Income/Exp. △445 △635 △
Slide 9: Operating Profit (OP) Bridge Analysis – 2023 2Q vs 2023 1Q
Operating Profit (OP) Bridge Analysis – 2023 2Q vs 2023 1Q Improvement （million yen） Effect of foreign of production currency efficiency exchange rates 119 Revenue 2023 2Q One-off item 152 increase OP Profit from 445 2,979 liquidation Increase of Of dormant expenses Others company △296 △85 2023 1Q 3
Slide 10: Operating Profit (OP) Bridge Analysis – 2023 2Q vs 2022 2Q
Operating Profit (OP) Bridge Analysis – 2023 2Q vs 2022 2Q Improvement of （million yen） production Effect of foreign efficiency currency 343 2023 2Q exchange rates OP 596 2,979 Increase of expenses Others Revenue △273 △81 increase One-off item 661 Profit from liquidation of dormant company 2022 2Q 3
Slide 11: Quarterly Sales/Operating Profit
Quarterly Sales/Operating Profit Sales （million yen) 1Q 2Q 3Q 4Q 40,000 40,000 40,000 40,000 30,000 30,000 30,000 30,000 20,000 20,000 20,000 20,000 10,000 10,000 10,000 10,000 0 0 0 0 18 19 20 21 22 23 18 19 20 21 22 23 18 19 20 21 22 23 18 19 20 21 22 23 Operating Profit 1Q 2Q 3Q 4Q 4,000 4,000 4,
Slide 12: Income Statement for the First Half of FY2023
Income Statement for the First Half of FY2023 （million yen） FY2022 Jan-Jun FY2023 Jan-Jun Change （A） （B) （B)/(A) Sales 62,202 73,215 17.7% Gross Profit 7,697 10,990 GP% 12.4% 15.0% Operating Profit 2,198 5,238 138.3% OP% 3.5% 7.2% Financial Income/Exp. △799 △1,195 （Net) Profit before Taxes 1,398 4,0
Slide 13: Statement of Financial Position
Statement of Financial Position （million yen） December 31 June 30 December 31 June 30 Change Change 2022 2023 2022 2023 Current Assets 68,431 77,790 9,359 Current Liabilities 60,327 53,236 Cash & Cash equivalent 2,944 9,903 6,958 Trade & Other Liabilities 14,906 14,542 △364 Trade & Other Receivables
Slide 14: Cash Flow Statement
Ｃash Flow Statement （million yen） 2022 1Q-2Q 2023 1Q-2Q Change Cash Flow from Operating Activities 2,892 8,751 5,858 Income before Taxes 1,398 4,043 2,644 Depreciation & Amortization 3,799 4,385 585 Net Working Capital △3,803 2,806 6,609 Others 1,496 △2,484 △3,981 Cash Flow from Investing Activities
Slide 15: Public Offering (of new shares)
Public Offering (of new shares) The funds will be used for 'expansion of production sites', 'new products, increased production and automation' and 'repayment of interest-bearing debt to improve the financial position'. Objectives Use of funds raised this time Consumer Automotive Industry electronic
Slide 16: Disclaimer Regarding Forward Looking Statements
Disclaimer Regarding Forward Looking Statements Sumida Corporation (referred to as "Sumida") makes this document available for informational purposes only. This document contains certain “forward-looking statements” which reflect management’s current views and the assumptions made with respect to sp
Slide 17: Global | Speed | Focus
Global | Speed | Focus