Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — Q1 2022 Earnings Presentation
12 slides from Nippon Chemi-Con's earnings presentation, August 2022
Slide 1: Financial Results Explanatory Material for 1Q FY2022
Translation Financial Results Explanatory Material for 1Q FY2022 (Three months ended June 30, 2022) NIPPON CHEMI-CON CORPORATION Aug 2022 1
Slide 2: 1Q FY2022 – Results Overview
Translation 1Q FY2022 – Results Overview - Net sales was 38.4 billion yen (+15.1% YoY). Sales of all products including aluminum electrolytic capacitors increased due to a weak yen and strong demand for industrial equipment products. - Operating income was 2.4 billion yen (+35.1% YoY). Continued dis
Slide 3: 1Q FY2022 - Consolidated Results (YoY, QoQ)
Translation 1Q FY2022 - Consolidated Results (YoY, QoQ) YoY: higher net sales and operating income QoQ: higher net sales, lower operating income FY2022 FY2021 YoY QoQ (Unit: million yen, %) 1Q 1Q 4Q Amount % Amount % Net sales 38,439 33,383 37,825 +5,055 +15.1 +614 +1.6 Operating income 2,447 1,811
Slide 4: Operating Income (YoY)
Translation 1Q FY2022 - Operating Income (YoY) Amid rising logistics and material/electricity costs, operating income increased due to effects of selling price revisions and structural reforms (Unit: billion yen) NIPPON CHEMI-CON CORPORATION Aug 2022 4
Slide 5: Operating Income (QoQ)
Translation 1Q FY2022 - Operating Income (QoQ) Minimized effects of rising material/logistic costs through selling price revisions (Unit: billion yen) NIPPON CHEMI-CON CORPORATION Aug 2022 5
Slide 6: 1Q FY2022 - Net Sales by Product (YoY, QoQ)
Translation 1Q FY2022 - Net Sales by Product (YoY, QoQ) YoY: All product sales increased due to industrial equipment demand and weak yen Product 1Q 1Q YoY 4Q QoQ % % YoY % % QoQ % (Unit: million yen, %) FY2022 FY2021 amount FY2021 amount Aluminum electrolytic 33,264 86.5 29,112 87.2 +4,152 +14.3 32,
Slide 7: Net Sales by Market
Translation 1Q FY2022 - Net Sales by Market Net sales in the three main markets - Industrial equipment remained strong - Automotive electronics was slightly weaker due to Other 12.0 semiconductor shortages and Shanghai lockdown 7% - ICT shifted from PC demand to infrastructure demand Automotive elec
Slide 8: Performance Improvement Effect From Structural Reforms (vs FY2019)
Translation 1Q FY2022 - Performance Improvement Effect From Structural Reforms (vs FY2019) ■Fixed cost reduction: investment through selection and concentration (depreciation reduction) ■Productivity improvement: development of smart factories (labor reduction/streamlining) ■New products: affected b
Slide 9: FY2022 - Consolidated Full-Year Forecast
Translation FY2022 - Consolidated Full-Year Forecast Full-year forecast for net sales and operating income will remain the same as targets set at beginning of term FY2022 FY2021 YoY (Unit: million yen, %) forecast results Amount % Net sales 155,000 140,316 +14,684 +10.5% Operating income 9,300 8,798
Slide 10: To Accomplish Goals for FY2022
Translation To Accomplish Goals for FY2022 １. Completion of structural reforms Method TPM SCM DX Promoting activities reforms implementation standardization 1) Improving OEE/TEEP 2) Improving per person productivity Purpose 3) Improving staff productivity 4) Improving logistics efficiency and reducing
Slide 11: Supplementary Material - Net Sales and Operating Income
Translation Supplementary Material - Net Sales and Operating Income 7.2% 7.2% 6.4% Operating income margin 4.9% 5.1% 5.4% 5.1% 3.8% 3.1% 4.3% 2.7% 1.8% -1.3% -1.3% -2.4% -3.3% -3.1% Structural reforms Net sales (billion yen) 38.4 36.0 36.2 35.1 36.0 37.8 33.7 33.4 33.1 30.9 Russia- 28.7 28.9 28.1 29
Slide 12: Note
Translation 〔Note〕 This material has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The projected performance figures in this material are based on informa