Slide 1: Sumida Corporation Performance Briefings FY2018 Q3
SUMIDA CORPORATION Performance Briefings <for FY2018 Q3 ending September 30, 2018> October 31, 2018
Slide 2: Today's Speakers
Today’s Speakers Representative Executive Officer & President Tomoharu Suseki Representative Executive Officer & CFO Yoshiyuki Honda Copyright© 2018 SUMIDA CORPORATION. All rights reserved. 2
Slide 3: Today's Program
Today’s Program 1. FY2018 Q3 Consolidated Financial Results ＣＦＯ Yoshiyuki Honda 2. FY2018 Q3 Performance Results & Management Policies President Tomoharu Suseki 3. Q&A Session Copyright© 2018 SUMIDA CORPORATION. All rights reserved. 3
Slide 4: FY2018 Q3 Consolidated Financial Results
FY2018 Q3 Consolidated Financial Results Yoshiyuki Honda CFO Copyright© 2018 SUMIDA CORPORATION. All rights reserved. 4
Slide 5: Consolidated Income Statement
Consolidated Income Statement （Million yen） 17.Q3 18.Q2 18.Q3 Change % Change % （A） （B) （C） （C)/(A) （C)/(B) S a l e s 23,164 23,838 25,682 10.9％ 7.7％ Gross Income 4,021 3,939 4,365 GI % 17.4% 16.5% 17.0％ Operating Income 1,774 1,281 2,085 17.5％ 62.7％ OI % 7.7% 5.4% 8.1％ Income before Taxes 1,673 782
Slide 6: Consolidated Income Statement (Q1-Q3)
Consolidated Income Statement （Million yen） 17. Q1-Q3 Total 18. Q1-Q3 Total Change % （A） （B) （B)/(A) S a l e s 66,532 72,223 8.6％ G r o s s P r o f i t 11,710 11,218 GI % 17.6% 15.5％ Operating Income 5,120 3,823 -25.3％ OI % 7.7% 5.3％ I n c o m e b e f o r e Ta x e s 4,678 2,846 -39.1％ Income Attribu
Slide 7: Operating Income Analysis 2017 Q3 vs. 2018 Q3
Operating Income Analysis 2017 Q3 vs. 2018 Q3 （Million yen） Production R&D exp. Expenses efficiency down down Capacity up 40 20 utilization Pontiac 110 18年Q3 up 120 Sales increase Others 営業利益 160 2017 Q3 /Product mix Wages 91 2,085 Operating 220 /Social insurance Income up Raw materials 1,774 △230 u
Slide 8: Operating Income Analysis 2018 Q2 vs. 2018 Q3
Operating Income Analysis 2018 Q2 vs. 2018 Q3 （Million yen） Capacity 2018 Q3 Production Operating Utilization up Others Exp. efficiency Pontiac Income 30 84 down up 50 2,085 Sales up 130 50 /Product mix Wages Special Exp. 150 R&D /Social only in Q2 Expenses insurance up FOREX 200 up △80 impact △40 2
Slide 9: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position （Million yen） 2017 2018 2017 2018 Change Change Dec 31 Sep 30 Dec 31 Sep 30 Current Assets 44,986 48,120 3,133 Current Liabilities 35,117 42,699 7,582 Cash & Cash equivalent 5,375 5,338 △37 Trade & Other Liabilities 10,721 11,045 324 Trade & other Receiva
Slide 10: Consolidated Statement of Cash Flow
Consolidated Statement of Cash Flow （Million yen） For 9 months For 9 months through Sep 30, through Sep 30, Change 2017 2018 Cash Flow from Operating Activities 3,042 4,006 964 Income before Taxes 4,678 2,846 △1,831 Depreciation & Amortization 2,390 2,924 534 Net Working Capital △2,727 △1,852 875 Ot
Slide 11: FY2018 Q3 Performance Results & Management Policies
FY2018 Q3 Performance Results & Management Policies Tomoharu Suseki President Copyright© 2018 SUMIDA CORPORATION. All rights reserved. 11
Slide 12: Sales by Quarter
Sales by Quarter （100 million yen) （+10.9%） 256.8 Renewed highest-ever 238.4 231.6 236.2 227.0 quarterly sales record, exceeding 25 billion yen/qtr. for the first time Sales from existing business 120 without Pontiac Coil also 3Q 4Q 1Q 2Q 3Q 2017 2018 achieved record quarterly sales USD 110.91 112.5
Slide 13: Sales by Market
Sales by Market 2017 3Q 2018 3Q （100 million yen） Automotive Overall sales continued + 12.7% 162.96 144.64 strong with a substantial growth 2017 3Q 2018 3Q Industry RFID- and FA-related + 19.0% 47.13 business continued 39.59 expanding 2017 3Q 2018 3Q Consumer Electronics Total Consumer Electronics 4
Slide 14: Sales by Region
Sales by Region 2017 3Q 2018 3Q （100 million yen） Asia excl. China/Taiwan China/Taiwan Sales expanded in all + 10.1% 60.90 △ 1.1％ regions excluding 60.23 46.13 50.77 China/Taiwan Sales in North 2017 3Q 2018 3Q 2017 3Q 2018 3Q America significantly increased with three North America/Others Europe mon
Slide 15: Operating Income by Quarter
Operating Income by Quarter （100 million yen） （+17.5%） Renewed biggest-ever 20.85 quarterly operating income record, exceeding 2 billion 20 17.80 17.74 yen/qtr. for the first time 15.66 12.82 10.98 Operating income excluding 10 Pontiac Coil’s also achieved quarterly record, 4.57 substantially exceed
Slide 16: Sales in Automotive Market by Quarter
Sales in Automotive Market by Quarter （100 million yen） 163.0 Significant sales 160 increase year-on-year 152.9 in automotive-related 144.6 business 135 Pontiac Coil’s sales were added to the group’s total. EV- 110 related sales are QAV QAV 1Q 2Q 3Q 4Q 1Q 2Q 3Q increasing, as well 2015 2016 2017 201
Slide 17: Strategies for Automotive Business
Strategies for Automotive Business Information on this page is extracted from previously announced “MTBP” Sales trend of 3 key products ABS HID Keyless Entry System Slightly UP Down Up Total sales of these three products are expected to slow down in Stage III compared to the previous stages We will
Slide 18: What is Actuator?
What is Actuator? Actuator is one of the applications of coil products, which is used for many applications in automotive- related markets. ABS-related Inductor Antenna coils fall into this group Coil Almost 100% of products of Pontiac Coil, Inc. that joined Sumida group this June, are actuator-rela
Slide 19: Application Examples - Existing Businesses
Application Examples ー Existing Businesses ABS-related coils Fuel supply control coils Air suspension coils Air conditioner control coils Copyright© 2018 SUMIDA CORPORATION. All rights reserved. 19
Slide 20: Pontiac Coil, Inc.
Pontiac Coil, Inc. Fuel supply control coils Headquarters /Plant (Michigan, USA) Plant (Arkansas, USA) Vibration control-related coils Hydraulic control valve coils Copyright© 2018 SUMIDA CORPORATION. All rights reserved. 20
Slide 21: Progresses of new MTBP
Progresses of new MTBP Overall Issuing ESG/CSR Report in December, 2018 Seek further synergy with Pontiac Coil through PMI activities Existing businesses Review new projects strategies and product-lineups to put resources more into businesses that are growing. Selling a part of technologies and asse
Slide 22: Disclaimer Regarding Forward Looking Statements
Disclaimer Regarding Forward Looking Statements Sumida Corporation (referred to as "Sumida") makes this document available for informational purposes only. This document contains certain “forward-looking statements” which reflect management’s current views and the assumptions made with respect to sp