Optex Group Company Limited · TSE:6914
Optex — CREDIT SUISSE 3rd Annual Japan Kyoto Conference 2018
22 slides from Optex's conference presentation, 2018
Slide 1: Optex Group Corporate Profile
Optex Group Corporate Profile （Tokyo Stock Exchange Market 1st Section:#6914） Copyright (C) 2018 OPTEX GROUP CO., LTD.
Slide 2: Agenda
1. Company Overview 2. Business Domain 3. Numerical Targets 4. Shareholder Returns 5. Exchange Sensitivity 6. New Operating Companies Copyright (C) 2018 OPTEX GROUP CO., LTD. 2
Slide 3: 1. Company Overview
1. Company Overview Company Name OPTEX GROUP CO., LTD. Location Shiga Otsu, Japan Established May 25, 1979 Capital 2,798 million JPY The OPTEX Group Sales 37,504 million JPY Operating Profit 4,885 million JPY is an integrated Fiscal Year-End December Stock Code Tokyo Stock Exchange manufacturer of s
Slide 4: Holding Company Structure
1. Company Overview _ Holding Company Structure Holding Company OPTEX GROUP CO., LTD （Tokyo Stock Exchange Market 1st Section：#6914） OPTEX CO.,LTD. OPTEX FA CO., LTD. CCS Inc. Three Ace Co., Ltd. OPTEX MFG Co., Ltd. Sales, Development & Development of Manufacture of the Sales & Development Sales & D
Slide 5: Company Overview _ Data
1. Company Overview _ Data Sales by Product Category Sales by Region Others AMERICAs Automatic 8% 12% Door Sensors 11% Security Asia/Oceania Sensors Factory 37.5 37% 14% 37.5 Japan 42% Automation billion yen billion yen (2017) (2017) 20% LED Lighting for EMEA Image Inspection 32% 24% EMEA : Europe,
Slide 6: Global Market Share
1. Company Overview _ Global Market Share Global niche No.1 Security Automatic door Machine vision sensors sensors lighting 40% 30% 30% Intrusion detector Automatic door LED lighting for outdoor sensor for inspection Infrared sensor Sensors for general home use Push plate Sensors for large-scale cri
Slide 7: Security sensors
2. Business Domain _ Security sensors The sensor serves as the eye of a machine security system. A common machine security system (for illustration purposed only) Clients Security company (General households, retail stores, 24-hour surveillance business establishments, of its clients’ sites and othe
Slide 8: Security sensors
2. Business Domain _ Security sensors Largest market share in the world for intrusion detectors for outdoor use Products for general households Products for important facilities Deterioration of security in overseas countries Measures against terrorism strengthened in attributed to immigrants and re
Slide 9: Automatic door sensors
2. Business Domain _ Automatic door sensors Development of the world’s first far-infrared automatic door sensor In 1980, we applied the far-infrared ray, until then mainly used for military purposes, to automatic door sensors. Mat switch (on the floor) Infrared sensor (overhead) It breaks easily bec
Slide 10: Automatic door sensors
2. Business Domain _ Automatic door sensors Share in the domestic market: Over 50% Share in the overseas market: Over 20% Commercial facilities/ Condominium entrance Airport entrance Train station entrance multi-tenant buildings Leading office buildings Shinkansen (“bullet train”) Over 60% share Hos
Slide 11: Sensors for factory automation (FA)
2. Business Domain _ Sensors for factory automation（FA） Provision of sensors for factory automation which help automate factory production processes and save labor Displacement sensors Image sensors Photoelectric sensors Products for the semiconductor and Products for the three-item industries Produ
Slide 12: Sensors for factory automation (FA) applications
2. Business Domain _ Sensors for factory automation（FA） (Applications) Displacement sensors Measurement of smartphone Measurement of substrate Measurement of the outer shape Positioning robot arms frame height tilt/warp of tires Image sensors Inspection of best-before Inspection of printing Detectio
Slide 13: Machine Vision Lighting
2. Business Domain _ Machine Vision Lighting CCS produces lighting for image inspection using LED since 1993. Lighting for image inspections * When producing something at a plant, each stage of work requires an “inspection” process. Photos or images of the inspection targets are taken and processed
Slide 14: Machine Vision Lighting (Applications)
2. Business Domain _ Machine Vision Lighting (Applications) Ring Lights Bearing raised character imaging Flat Lights Can surface dirt imaging Bar Lights Metal surface QR code imaging Copyright (C) 2018 OPTEX GROUP CO., LTD. 14
Slide 15: Market Trends Concerning the FA Business and the MVL Business
2. Market Trends Concerning the FA Business and the MVL Business Markets relating to semiconductors (for automobiles, IoT and AI) and robots expand. Automobiles IoT AI Robotics Electric vehicles and advanced Labor saving and Action to cope with the decline Growing demand for data centers driver-assi
Slide 16: Optex Group's Performance targets
3. Numerical Targets _ Optex Group‘s Performance targets Our goal: Consolidated net sales of ¥50 billion and operating profit of ¥7.5 billion in 2019 50,000 40,500 37,504 31,027 27,793 5,400 25,678 7,500 23,582 5,036 22,167 20,916 20,699 4,076 17,395 18,502 5,300 15,124 3,043 3,222 3,086 4,885 2,489
Slide 17: Dividend/Dividend Ratio and ROE Target
4. Shareholder Returns _ Dividend/Dividend Ratio and ROE Target Dividends and dividend payout ratio ROE/Shareholders’ equity ratio Stock split （Unit：％） 1:2 Year-end dividend （¥） 30 ROE Shareholders's equity ratio Interim dividend （¥） 55 75.9 78.0 Dividend payout ratio（％） 70.1 45 65.0 15 40 30 35 12.
Slide 18: Exchange Sensitivity
5. Exchange Sensitivity Exchange rate F.Y. 2017 F.Y. 2018 (Unit: Yen) （Results） （Plan） JPY/USD 112.19 110 JPY/GBP 144.51 140 JPY/EUR 126.67 125 Impact on our full- F.Y. 2017（Results） F.Y. 2018（Plan） year performance by a-yen Operating Operating appreciation Net sales Net sales (Unit: million Yen) in
Slide 19: New Operating Companies
6. New Operating Companies Holding Company OPTEX GROUP CO., LTD （Tokyo Stock Exchange Market 1st Section：#6914） OPTEX CO.,LTD. OPTEX FA CO., LTD. CCS Inc. Three Ace Co., Ltd. OPTEX MFG Co., Ltd. Sales, Development & Development of Manufacture of the Sales & Development Sales & Development Production
Slide 20: Acquisition of shares in Three Ace Co., Ltd.
6. New Operating Companies _ Three Ace Co., Ltd. Acquisition of shares in Three Ace Co., Ltd. Name：Three Ace Co., Ltd.（Shimogyo-ku, Kyoto） Capital：¥34.5 million Annual sales：¥504 million（For the year ended May 2017） Number of employees：59 Businesses: A software development company that develops syst
Slide 21: Commencement of operation of OPTEX MFG Co., Ltd.
6. New Operating Companies _ OPTEX MFG Co., Ltd. Commencement of operation of OPTEX MFG Co., Ltd. Name：OPTEX MFG Co., Ltd.（Otsu-shi, Shiga） Capital：¥10 million Number of employees：42 Date when operations began: July 2, 2018 Businesses：Manufacturing of the Group’s products, outsourced production of e
Slide 22: https://www.optexgroup.co.jp /
https://www.optexgroup.co.jp /
Optex Group — CREDIT SUISSE 3rd Annual Japan Kyoto Conference 2018 on 6ix