Slide 1: Business Report for FY2016 1st Half
0/20 Business Report for FY2016 1st Half November 7th 2016
Slide 2: FY2016 2Q Outline of Financial Statement
1/20 FY2016 2Q Outline of Financial Statement Executive Vice President and CFO KOHEI OHGAKI
Slide 3: <Consolidated> 2Q Financial Result
2/20 <Consolidated> 2Q Financial Result FY2015 FY2016 Unit: Million yen 4-9 4-9 19.3% DOWN Net Sales Profit 39,315 40,000 4,000 31,708 30,000 2,572 2,879 3,000 2,077 20,000 2,000 747 10,000 1,000 0 0 -10,000 -1,000 -853 -1,079 -20,000 Net Sales Operating Profit -2,000 Ordinary Profit Net Profit
Slide 4: <Consolidated> Operating Expenses
3/20 <Consolidated> Operating Expenses Unit: Million yen FY2015 FY2016 4-9 4-9 [ ]: Sales Ratio 36,743 30,961 40,000 [93.5%] [97.6%] Material costs Amount paid to subcontractors Labor costs 30,000 Expenses 19,492 Depreciations 49.6% 14,602 46.1% 20,000 • Improvement by 2.8% 665 756 2.4% in ratio of
Slide 5: <Consolidated> Analysis of Sales Expenses
4/20 <Consolidated> Analysis of Sales Expenses Analysis of factors for increase/ decrease Unit: Million yen of consolidated operating profit Business Total profit for ［ FY2015 4-9 vs FY2016 4-9 ］ 3,000 previous -1,825 million yen term 2,572 After adjusting impact of foreign exchange rates 2,000 Impa
Slide 6: <Consolidated> Progress in Sales & Profit (1Q, 2Q)
5/20 <Consolidated> Progress in Sales & Profit (1Q, 2Q) FY2016 FY2016 Unit: Million yen 4-6 7-9 Net Sales 1Q average rate 2Q average rate Profit 109.50JPY/$ 103.21JPY/$ 20,000 2,000 17,314 14,394 15,000 +1,087 1,500 917 10,000 1,000 5,000 500 0 0 -170 -5,000 -500 Net Sales Operating Profit
Slide 7: <Consolidated> Non-operating Profit and Loss
6/20 <Consolidated> Non-operating Profit and Loss FY2015 FY2016 Unit: Million yen 4-9 4-9 307 -1,600 [ ]: Percentage to sales amount [0.8%] [-5.0%] 500 Currency exchange profit/ loss 351 326 4 47 115 Revenues from and expenditure to fixed assets 0 -20 -95 Financial account balance -500 Others -1,000
Slide 8: <Consolidated> Extraordinary Profit or Loss
7/20 <Consolidated> Extraordinary Profit or Loss FY2015 FY2016 Unit: Million yen 4-9 4-9 -134 -42 [ ]: Percentage to sales amount 200 107 Gain on sales of investment 100 31 securities 112 40 0 Gain on sales of fixed assets 20 23 -100 -182 -136 Loss on liquidation of affiliates (Subsidiary in Europe)
Slide 9: <Consolidated> Segment Information
8/20 <Consolidated> Segment Information FY2016 4-9 Unit: Million yen Reporting Segment Others* TOTAL CS Div. FC Div. TP Div. Total Net Sales 11,461 14,326 5,834 31,621 87 31,708 Operating Profit (Loss) 762 (59) 249 952 (205) 747 FY2015 4-9 Reporting Segment Others* TOTAL CS Div. FC Div. TP Div. Tota
Slide 10: <Consolidated> Revised Financial result forecast
9/20 <Consolidated> Revised Financial result forecast Upper row: Sales Ratio Lower row: Increase (decrease) ratio to FY2015 Forecast of consolidated operating results for FY2016 (Full-year) Announced Net Sales Operating Profit Ordinary Profit Net Profit on Million yen % Million yen % Million yen % M
Slide 11: <Consolidated> Changes in Financial Results (Full-year)
10/20 <Consolidated> Changes in Financial Results (Full-year) FY2015 FY2016 Unit: Million yen Net Sales Forecast Profit 14.9% DOWN 77,206 80,000 8,000 65,700 60,000 37.7% DOWN 6,000 4,171 40,000 3,541 4,000 2,678 2,600 20,000 2,000 1,300 1,100 0 0 Net Sales Operating Profit Ordinary Profit Net Profi
Slide 12: <Consolidated> Changes in Financial Results (Half term)
11/20 <Consolidated> Changes in Financial Results (Half term) Unit: Million yen FY2015 FY2015 FY2016 FY2016 Net Sales 4-9 10-3 4-9 10-3 Profit Forecast 39,315 37,891 40,000 33,992 4,000 31,708 2,879 30,000 2,572 3,000 2,179 2,077 2,153 1,853 20,000 1,599 2,000 10,000 662 747 1,000 601 0 0 -853 -10,0
Slide 13: <Consolidated> Cash Position
12/20 <Consolidated> Cash Position Unit: Million yen Mar. 2016 Sep. 2016 Differential （Ａ） （Ｂ） （Ｂ－Ａ） Assets 67,606 65,255 (2,350) Cash and cash equivalents 10,778 11,104 325 Accounts receivable 16,509 16,546 36 Inventories 7,187 6,871 (316) Fixed assets 29,237 28,306 (930) Liabilities 34,318 36,579 2
Slide 14: <Consolidated> Cash Flow Position
13/20 <Consolidated> Cash Flow Position Unit: Million yen FY2015 4-9 FY2016 4-9 Cash flow from operating activities 2,451 243 Working capital (1,654) (619) Profit before taxes 2,745 (895) Depreciation 1,847 2,136 Others (487) (379) Cash flow from investing activities (2,908) (2,434) Free cash flow (
Slide 15: Annual Dividend
14/20 Annual Dividend At second At fiscal Annual quarter end year end FY2015 8.00 yen 6.00 yen (Commemorative 14.00 yen Result dividend 4.00 yen) FY2016 5.00 yen ― ― Result FY2016 ― 5.00 yen 10.00 yen Forecast
Slide 16: FY2016 Prospect
15/20 FY2016 Prospect President, CEO and COO YASUMITSU IKEDA
Slide 17: Net Sales by Product Div. (FY2013-FY2016)
16/20 Net Sales by Product Div. (FY2013-FY2016) Unit: Million yen 85% %: Compared to Net Sales 86% the previous term 80,000 77,206 76,000 195 2,301 70,000 65,796 66,230 14,467 65,700 134 118 12,941 1,155 60,000 15,808 15,184 11,522 80% 50,000 35,449 35,285 40,000 81% 22,438 25,027 28,812 30,000 20,0
Slide 18: Operating Profit by Product Div. (FY2013-FY2016)
17/20 Operating Profit by Product Div. (FY2013-FY2016) Unit: Million yen Profitability=Profit/Sales Profit 5.4% 5,000 4.1% 4.0% 3.5% 4,171 3.2% 4,000 3,100 2,600 2,330 24 1,838 3,000 2,113 26 6 1,067 720 1,866 370 2,000 1,909 252 371 1,000 2,215 1,872 1,403 1,755 921 0 -963 -723 -252 -364 -1,000 FY2
Slide 19: Reference: Net Sales by Market (FY2013 -FY2016)
18/20 Reference: Net Sales by Market (FY2013 -FY2016) Unit: Million yen 85% %: Compared to the previous term Net Sales 77,206 80,000 2,100 70,000 65,796 66,230 65,700 1,285 1,634 18,446 3,420 60,000 163% 14,046 15,765 14,110 76% 50,000 21,178 40,000 18,252 19,341 18,190 86% 30,000 8,825 16,034 9,131
Slide 20: SMK. Creative Connectivity
19/20 SMIK. CREATIVE CONNECTIVITY
Slide 21: Notice
20/20 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