Furuno Electric Co., Ltd. · TSE:6814
Furuno Electric — Q2 FY2/2021 Earnings Presentation
13 slides from Furuno Electric's earnings presentation, Oct 13, 2020
Slide 1: 2nd Quarter of FY 2/2021 Financial Results Briefing Materials
2nd Quarter of FY 2/2021 Financial Results Briefing Materials October 13, 2020 Points to Note: This document is a translation of the Japanese original. The Japanese original is authoritative. The information listed in these materials the Company’s future prospects as determined by management, based
Slide 2: FY 2/2021 2nd Quarterly Points of the Results
FY 2/2021 2nd Quarterly Points of the Results Performance: Decrease in sales and profit Revenue and profit decreased due to factors such as the impact of economic stagnation associated with measures for stopping the spread of the novel coronavirus infection COVID-19. However, business started to r
Slide 3: FY 2/2021 2nd Quarterly Results Highlights
FY 2/2021 2nd Quarterly Results Highlights FY 2/2020 FY 2/2021 Year-over-year Year-over-year Unit: Millions of Yen 2nd Quarter 2nd Quarter ( amount ) ( ratio ) Net sales 43,040 39,274 -3,765 -8.7% Gross profit 15,557 14,553 -1,004 -6.5% ( Sales ratio ) ( 36.1% ) ( 37.1% ) ( -1.0 ) Operating income 2
Slide 4: Analysis of Increase/Decrease in Net Sales
Analysis of Increase/Decrease in Net Sales (Unit: 100 Millions of Yen) “100M” in this material indicates 100 Million 440 430 420 Japan America -2.7 -0.4 410 Europe Wireless -5.6 LAN Systems 400 +7.7 Healthcare 430.4 Asia Other -20.6 +0.7 390 Region Foreign -2.2 Exchange 380 Effect PNT Others -5.2 -7
Slide 5: Analysis of Increase/Decrease in Operating income
Analysis of Increase/Decrease in Operating income A fall in revenue in the Marine Business and the impact of a decline in profits associated with strategic investments and other factors were covered to some extent by a rise in revenue in Wireless LAN Systems and a decrease in sales, general, and adm
Slide 6: Analysis of Operating Income
Analysis of Operating Income (Increase/Decrease Comparison in Same Business Year) Smaller decline in profits in the Marine Business, and a substantial rise in profits in Wireless LAN Systems 1st Quarter period 2nd Quarter period (Unit: 100 million Increase/ Increase/ of Yen) FY 2/2020 FY 2/2021 Decr
Slide 7: Overview of Marine Business
Overview of Marine Business “100M” in this material indicates 100 Million Net sales by Marine Business /Sales by Region Marine Business: (Unit: 100Millions of Yen) Net sales 312 100M yen(-10.5% year on year) 400 日本 ■America ■Japan 米州 欧州 ■Europe アジア その他 ■Asia ■Other Segment Profit 5.7 100M yen(-9.8 1
Slide 8: Overview of Industrial Business, Wireless LAN Systems
Overview of Industrial Business, Wireless LAN Systems Net sales by Industrial Business & Wireless LAN Access Point/ Sales by Products Industrial Business: (Unit: 100 Millions of Yen) ■Wireless LAN Systems Net sales 49 100M yen (-15.0% year on year) Segment profit 1.0 100M yen(-0.6 100M yen) 90 ■Othe
Slide 9: Awareness of the business environment after 3rd Quarter of FY 2/2021
Awareness of the business environment after 3rd Quarter of FY 2/2021 【Merchant Vessel】 Will remain weak 【Fishing Vessel】 Already recovering overall, even with Marine Business the impact of temporary economic stagnation 【Pleasure Boat】 Benefiting from a strong global pleasure boat market 【PNT】 ETC on
Slide 10: Full year earnings forecast and dividend forecast of FY 2/2021
Full year earnings forecast and dividend forecast of FY 2/2021 Based on the cumulative actual results of the 2nd quarter and our understanding of business conditions from the 3rd quarter onwards, we have revised upwards our previous forecasts (announced on August 19, 2020) FY 2/2021 FY 2/2021 Increa
Slide 11: Corporate Profile
Corporate Profile FURUNO ELECTRIC CO., LTD. All Rights Reserved. 11
Slide 12: Outline
Outline Since commercializing the world's first fish finder in 1948, FURUNO has supplied many types of products for the marine electronics market. By using its exclusive knowledge of ultrasonic and electronics technologies, FURUNO has developed a wide array of products that have been world firsts an
Slide 13: FURUNO's Business Fields
FURUNO's Business Fields Automatic GPS/GNSS Identification Disciplined GPS/GNSS System (AIS) Oscillator Displacement Continuous Remote Monitoring Satellite System Communications Meteorological Equipment Monitoring and Analyzing System Wireless LAN Radar Access Point Voyage Data GPS/GNSS Recorder Rec