Smk Corporation · TSE:6798

Smk — 1H FY2013 Earnings Presentation

24 slides from Smk's earnings presentation, Oct 30, 2013

  1. Slide 1: Business Report for FY2013

    1/24 Business Report for FY2013 SMK Corporation Oct , 2013

  2. Slide 2: Outline of 1H Financial Statement

    2/24 FY2013 Outline of 1H Financial Statement Executive Vice President KOHEI OHGAKI

  3. Slide 3: Consolidated 1H Financial Result

    ＜Consolidated＞1H Financial Result 3/24 Net Sales : FY2012 FY2012 FY2013 FY2013 Income : Million yen 4-9 10-3 4-9 10-3 Million yen （Forecast） 4 0 ,0 0 0 4 ,0 0 0 34,881 32,119 3 0 ,0 0 0 27,646 2,828 3 ,0 0 0 26,829 2,366 1,988 1,893 2 0 ,0 0 0 2 ,0 0 0 1,584 Impact of foreign exchange rates 496 1,27

  4. Slide 4: Consolidated Financial Result (Full Business Year)

    ＜ Consolidated ＞ Financial Result 4/24 （Full Business Year） FY2012 FY2013 Net Sales : （Forecast） Income : Million yen +23.0% Million yen 70,000 67,000 60,000 54,475 6,000 +160.2% 50,000 4,100 40,000 4,000 3,000 2,800 30,000 20,000 1,576 2,000 10,000 0 0 △ 198 -10,000 △ 853 -20,000 -2,000 Net Sales O

  5. Slide 5: Consolidated Financial Result

    ＜Consolidated＞ Financial Result 5/24 FY2012 FY2013 Net Sales : 4-9 4-9 Income : Million yen Million yen +30.0% 40,000 4,000 34,881 30,000 26,829 2,828 3,000 1,988 1,893 20,000 2,000 10,000 1,000 0 0 -327 -10,000 -790 -1,000 -20,000 -1,782 -2,000 Net Sales Operating Income Ordinary Income Net Income

  6. Slide 6: Consolidated Sales Expenses

    ＜ Consolidated ＞Sales Expenses 6/24 FY2012 FY2013 4-9 4-9 ( )：Sales ratio 27,156 32,893 40,000 (101.2%) (94.3%)  0.2% improvement in Material costs＋Amount paid to subcontractors 30,000 52.3%→52.5% 90 Million yen 17,382 Material costs  Increase Labor costs 1,184 13,217 49.3% 49.8% million yen 20,00

  7. Slide 7: Consolidated Analysis of Sales Expenses

    ＜ Consolidated ＞Analysis of Sales Expenses 7/24 Analysis of factors for increase/decrease Unit : Million yen of consolidated operating income Total ［ FY2012 4-9 VS FY2013 4-9 ］ 3 ,0 0 0 2,315 million yen Increase in sales amount Business 1,489 profits for this term 1,988 2 ,0 0 0 Increase in Materia

  8. Slide 8: Consolidated Non-Operating Profit and Loss

    ＜ Consolidated ＞ Non-Operating Profit and Loss 8/24 FY2012 FY2013 Unit : Million yen 4-9 4-9 ( ): Percentage to sales amount -463 840 (-1.7%) (2.4%) Currency 1,000 exchange profit/loss Revenues from 575 and expenditure 500 to fixed assets Financial account balance 202 248 53 30 Exchange loss→Exchang

  9. Slide 9: Consolidated Cash Position

    ＜ Consolidated ＞ Cash Position 9/24 Unit : ２０１３/３ ２０１３/９ Differential Million yen （Ａ） （Ｂ） （Ｂ－Ａ） Assets 52,498 59,268 6,770 Cash and cash equivalents 8,713 11,485 2,772 Accounts receivable 14,551 16,976 2,425 Inventories 5,466 5,752 286 Fixed assets 19,864 20,839 975 Liabilities 24,293 29,056 4,763 A

  10. Slide 10: Consolidated Cash Flow Position

    ＜ Consolidated ＞Cash Flow Position 10/24 Unit : Million yen FY2012 4-9 FY2013 4-9 Cash Flow from Operating Activities 871 3,520 Working capital -153 -384 Income before income taxes -896 2,570 Depreciation 1,561 1,536 Others 359 -202 Cash Flow from Investing Activities -1,859 -1,740 Free Cash Flow -9

  11. Slide 11: Consolidated Segment Information

    ＜ Consolidated ＞ Segment Information 11/24 FY2013 4-9 Unit : Million yen Reporting Segment TOTAL （Consolidated Other(*) gain and loss CS Div. FC Div. TP Div. Total exhibit） Net Sales 15,497 11,477 7,807 34,781 100 34,881 Segment gain or loss （Operating Deficit） 1,592 -392 760 1,960 28 1,988 FY2012 4

  12. Slide 12: Consolidated Performance Forecast/Dividend

    ＜ Consolidated ＞Performance Forecast/Dividend12/24 Upper section： section： Sales ratio ・ Consolidated Performance Forecast Lower section： section：Sales column： column： Rate of change from FY2012 Release Operating Ordinary Net Net Sales Date Income Income Income Million yen % Million yen % Million ye

  13. Slide 13: FY2012 1H Result and Prospect

    13/24 FY2012 1H Result and Prospect President and COO Yasumitsu Ikeda

  14. Slide 14: Half Fiscal Term Performance (FY2011-FY2013)

    14/24 Half Fiscal Term Performance (FY2011～FY2013) Income : Net Sales : Million yen Million yen 40,000 5,000 34,881 35,000 32,119 4,000 30,000 28,515 27,646 26,825 26,829 2,828 3,000 2,366 25,000 2,000 1,988 1,893 20,000 1,272 1,584 1,012 1,000 15,000 907 -42 -526 -327 0 10,000 -209 -543 -590-1,124

  15. Slide 15: Full Fiscal Term Performance (FY2010-FY2013)

    15/24 Full Fiscal Term Performance (FY2010～FY2013) Net Sales : Million yen Income :Million yen 80,000 8,000 7,000 70,000 67,000 64,900 61,914 6,000 60,000 55,340 54,475 5,000 4,100 50,000 4,000 40,000 2,505 2,900 3,000 2,754 3,000 2,800 1,576 2,000 2,000 30,000 1,700 1,000 1,037 20,000 -799 -198 0 -

  16. Slide 16: Fiscal Term Sales & Operating Income Performance (FY2001-FY2013)

    Fiscal Term Sales & Operating Income 16/24 Performance (FY2001～FY2013) Net Sales: Million yen Income: Million yen 90,000 87,659 12,000 79,074 11,000 80,000 Published number 71,860 72,742 10,000 70,000 66,438 67,000 9,000 62,814 64,371 60,753 61,914 58,133 8,000 60,000 55,340 54,475 7,000 50,000 5,65

  17. Slide 17: Net Sales by Product Division (FY2010-FY2013)

    17/24 Net Sales by Product Division (FY2010～FY2013) FY2013 Net Sales: Million yen 121% Oct Revised/ 102% Jul Revised ( )：Composition ratio 7 0 ,0 0 0 67,000 61,914 64,900 Others 167 Others 293 Others 242 6 0 ,0 0 0 8,350 55,340 54,475 12,627 14,872 116% Others 234 (13%) Others 251 (22%) (19%) 5 0 ,0

  18. Slide 18: Operating Income by Product Division (FY2010-FY2013)

    Operating Income by Product Division 18/24 (FY2010～FY2013) Income: Million yen 4.5％ Income ratio = Income/Net sales 3,750 4.4% 3,000 Others 30 2.6% 2,754 3,000 Others 109 1,700 Others 1,639 83 2,250 488 2,223 -1.6% 1,500 -2.1% -853 Others 2,030 750 1,707 -1,166 12 44 565 Others 521 17 0 -143 -312 -5

  19. Slide 19: Net Sales by Market (FY2011-FY2013)

    19/24 Net Sales by Market (FY2011 ～FY2013) Net Sales: Million yen 34,881 35,000 575 28,515 27,646 30,000 26,825 26,829 7,564 548 550 505 540 25,000 6,805 5,519 5,584 5,762 8,848 20,000 4,306 4,647 5,666 5,023 15,000 2,970 4,419 3,336 3,695 3,730 3,496 3,418 10,000 3,876 3,679 4,368 5,000 10,387 8,87

  20. Slide 20: FY2013 Business Environment

    FY2013 Business Environment 20/24 Positive  Continuation of fundamental idea of high yen aspects correction  Demand for a recycled energy buyback system  Recovery of the U.S. economy  Expansion of smartphone, tablet PC and automobile markets  Emergence of new markets Positive  Company reorgani

  21. Slide 21: FY2013 1H Topics-1

    FY2013 1H Topics-1 21/24 SMK-America 30th Anniversary SMK-Mexico New factory SMK-Mexico 25th Anniversary Opening Ceremony （Sept, 2013 At Tijuana） （ Sept, 2013 At Tijuana ）

  22. Slide 22: FY2013 1H Topics-2

    FY2013 1H Topics-2 22/24 Introduction and utilization of 3D printers（Japan/Dongguan） In-house production of high precision samples at early stage of design and before manufacture  Speed Up Sample production 2W⇒1day～3days  Improved quality through design reviews Japan  Improved customer satisfacti

  23. Slide 23: FY2013 Basic Policy

    ») FY2013 Basic Policy gla Mey Groot Seley a Bit Corporat Sites to Cpe vith Changing Dats SMIK.

  24. Slide 24: Notice

    24/24 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

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