Tokyo Ohka Kogyo Co., Ltd. · TSE:4186

Tokyo Ohka Kogyo — Q2 2022 Earnings Presentation

16 slides from Tokyo Ohka Kogyo's earnings presentation, December 2022

1. Slide 1: S S WRNর਋ੑ઺भ਄ੌा

   ূ਎ૢ৲ੵ঵ઙૄভ঺ ৠ઴ହ৥ভৱમ ফা਋ਸ਼஛઄਋ৠ઴ ফা঩ ূ਎ૢ৲ੵ঵ઙૄভ঺ š 72.<22+.$.2*<2&2/7' ৯ઃ ফা਋ਸ਼஛઄਋঵ౚ S ফা਋঵ౚ੒୳ S WRNর਋ੑ઺भ਄ੌा S š 72.<22+.$.2*<2&2/7'

2. Slide 2: Consolidated results overview

   ফা਋ਸ਼஛઄਋঵ౚ š 72.<22+.$.2*<2&2/7' ঵ౚ໪ਏ ‫ق‬௲ਐ৞‫ؚ‬٫‫ك‬ ੜ੖ ੜ੖૨ ਲ਼ ঱ ৈ ٔ ٔ ੾ ঵ ਹ இ ٔ ٔ ৽ ଞ ਹ இ ٔ ٔ ஡ ভ ঺ ઙ ਌ प ష ര घ ॊ ਊ ਋ ෞ ਹ இ ٔ ٔ ( % , 7 ' $ ٔ ٔ n ਋র਴಑ನ౹‫ق‬86⋰‫ ؟ك‬৞‫ܒكق⋰ط‬৞‫كق⋰ط‬ n ਲ਼঱ৈ ‫؟‬ቬాऩ઄଑৬೽ਏधನ౹पेॊ஍ટपेॉ‫ؚ‬౫મহ঵भਲ਼঱ऋ஀৹प௓୎‫؛‬ ৐ফૻੜઽ‫؛‬ n ੾঵ਹஇ ‫؟‬ৈહਸ੼கଲષभਲ਼঱ੜਸपਸइ‫ؚ‬ਲ਼੼৹ତृನ౹पेॊ஍ટपेॉ‫ؚ‬ ৐ফૻੜஇ‫؛‬ n ਊ਋ෞਹஇ ‫੾

3. Slide 3: Sales and profit changes

   ੾঵ਗ௤இ‫્؞‬શ௤இ ‫ق‬௲ਐ৞ ‫ك‬ ੜ੖ ੾ ঵ ਗ ௤ இ ਭ ਄ ਹ අ ‫ ؞‬ଦ ਊ স ‫ ق‬ನ ౹ प બ ॊ ୷ ௤ இ ‫كق كق ك‬ ‫كق‬ ನ ౹ ୷ ௤ இ ॹজংॸॕঈ௬੼௤இ ‫ٺ‬ ‫ٺ‬ ‫ٺ‬ ્ શ ௤ இ ‫ٺ‬ ‫ٺ‬ ಕ ৒ ৱ ਓ ௾ ే ௤ ‫ٺ‬ ‫ٺ‬ ‫ٺ‬ ୭ ୆ ৌ ੁ ા ‫ٺ‬ ٕ š 72.<22+.$.2*<2&2/7' হ঵શ७ॢওথॺभ঵ౚ ‫ق‬௲ਐ৞‫ؚ‬٫‫ك‬ ੜ੖ ੜ੖૨ ਲ਼ ঱ ৈ ౫ મ হ ঵ ҸӞҼӈӟӊҼӁਃ ચ ౫ મ ৈෞ২৲৾ఇષ ज भ ౎ ಎ ઼ হ ঵ ੾ ঵ ਹ இ ౫ મ

4. Slide 4: Sales by segment and product

   ੾঵ਹஇभੜ੖৔๨‫ق‬౫મহ঵‫ك‬ ফা਋঱਋ৰౚ ৌ ফা਋঱਋ৰౚ ನ౹૗৿‫؞‬ ਲ਼੼৹ତभ୶஭ ٔ੏৞ ৽ાੜਸ ‫ٺ‬੏৞ ਲ਼঱ੜ੖‫؞‬ উটॲॡॺ঑ॵॡ५ಉ ٔ੏৞ ੏৞ ੏৞ ঱਋ৰౚ ੏৞ ঱਋ৰౚ š 72.<22+.$.2*<2&2/7' ౫મহ঵भਲ਼঱৔๨‫ق‬৖୅શ‫ك‬ ਲ਼঱ৈ‫ق‬௲ਐ৞‫ك‬ 4 4 4 4 4 4 ҸӞҼӈӟӊҼӁਃચ౫મ ৈෞ২৲৾ఇષ जभ౎ š 72.<22+.$.2*<2&2/7'

5. Slide 5: Sales composition by product

   ग़ঞॡॺটॽॡ५ਃચ౫મभரథશਲ਼঱ଡਛ 䛭䛾௚ 䛭䛾௚ 9% 㼓㻗㼕 10% 㼓㻗㼕 14% 14% 㧗ᐦᗘᐇ⿦ 㧗ᐦᗘᐇ⿦ 19% 18% 㻷㼞㻲 㻷㼞㻲 ܱጚ ܱጚ 㻸㻯㻰 31% 㻸㻯㻰 32% 6% 5% 㻭㼞㻲 㻭㼞㻲 21% 21% ‫(كିق‬89मजभ౎पયী‫؛‬ ‫ كିق‬ৈഡ২ৰಎ‫؟‬ঃॵॣ‫ش‬४౫મ‫ؚ‬0(06౫મ‫؛‬ š 72.<22+.$.2*<2&2/7' ಎ઼হ঵ ਲ਼঱ৈ‫؞‬ਭିৈ ‫ق‬௲ਐ৞‫ك‬ ਲ਼঱ৈ ਭିৈ ௲ਐ৞ ঱ ঱਋ ৣ ৣ਋ ঱ ঱਋ ਋ଜਭିଋৈ š 72.<22+.$.2*<2&2/7'

6. Slide 6: Balance sheet, cash flow and capex

   ਝ૟਺ৱ‫؞‬੖੼೥ే‫؞‬ଢ଼஢৫৅ ‫ق‬௲ਐ৞‫ؚ‬٫‫ك‬ ੜ੖ ੜ੖૨ ਝ ૟ ਺ ৱ ੖ ੼ ೥ ే ા ‫ٺ‬ ‫ٺ‬ ଢ଼ ஢ ৫ ৅ ા ି ফ২ऊै૮஄ಕ৒ৱਓಉ॑அीथ਀ંखथउॉऽघ‫؛‬ š 72.<22+.$.2*<2&2/7' ૻຎ೵೙ৌස਀ ‫ق‬௲ਐ৞‫ك‬ ଜૻ ૴ ৿ ৱ ਓ ਠ স ౲ স ਲ਼ ঱ ઝ ਥ ૦੟఺लଡണ੟ ྕ ྘ ৱ ਓ ਃ༊ಎ઼ઈဦ఻ ‫ٺ‬ ੵ఻ஓ఻૟ષ ‫ٺ‬ થ ஄ ಕ ৒ ৱ ਓ ଅ৉ ૦ਝෘྠ৒ ૮ ஄ ಕ ৒ ৱ ਓ ਺ ৱ ज भ ౎ भ ৱ ਓ ‫ٺ‬ ਺ৱથ੼઒ଊ ‫ٺ‬ ૴ ৿ ଀ ઝ ಢ਋೙োস ‫ٺ‬ େ ো ઝ ਜ

7. Slide 7: Full-year forecast assumptions

   य़কॵ३গইট‫ش‬ ‫ق‬௲ਐ৞‫ك‬ ੾ ঵ य़ ক ॵ ३ গ ই ট ‫ش‬ ઘসಉ৹ତ৐஛઄਋ෞਹஇ ٔ ੖ ੼ ೥ ే ા ٔ ਲ਼঱ઝਥभੜ੖પ‫ٺق‬मੜਸ‫ك‬ ‫ٺ‬ ‫ٺ‬ ञऩ྘ৱਓभੜ੖પ‫ٺق‬मੜਸ‫ك‬ ‫ٺ‬ ‫ٺ‬ லোઝਜभੜ੖પ ‫ٺ‬म੖૘‫ك‬ ৐ਭসभੜ੖પ ‫ٺ‬म੖૘ ১যઘಉ੍௸પྼम൬હપ ‫ٺ‬ ‫ٺ‬ ਌ऩ৔๨ ‫ٺق‬म੍௸‫ك‬ થ஄ಕ৒ৱਓभ਄੭ ‫ٺ‬ ਺ ৱ य़ ক ॵ ३ গ ই ট ‫ش‬ ‫ٺ‬ ‫ٺ‬ শ਋ਙ౲সभੜ੖પ ଃ ਜ य़ ক ॵ ३ গ ই ট ‫ش‬ ‫ٺ‬ ‫ٺ‬ ਌ऩ৔๨ ఌ઴୷પ ଦਊসभ੍௸ ‫ٺ‬

8. Slide 8: Full-year forecast overview

   ঵ౚ੒୳໪ਏ ৢ਋ ‫ق‬௲ਐ৞‫ؚ‬٫‫ك‬ ੒୳ ੜ੖ ੜ੖૨ ਲ਼ ঱ ৈ ੾ ঵ ਹ இ ৽ ଞ ਹ இ ஡ ভ ঺ ઙ ਌ प ష ര घ ॊ ਊ ਋ ෞ ਹ இ ( % , 7 ' $ 5 2 ( ٕ n ਋র਴಑ನ౹‫ق‬86⋰‫؟ك‬৞‫ܒكق⋰ط‬৞‫كق⋰ط‬ n ਲ਼঱ৈ ‫؟‬ইज़‫ش‬঑গছ੼તभৣ૳॑ৄ੢िुभभ‫ؚ‬৐ফૻٔ॑੒୳‫؛‬ n ੾঵ਹஇ ‫؟‬ਉ౫મ੼તৈྐྵभ୶஭॑ਭऐणणु‫ৣؚ‬਋ुੜஇ੦৹मਢऌ‫ؚ‬ ৐ফૻٔ॑੒୳‫؛‬ n ਊ਋ෞਹஇ‫੾؟‬঵ਹஇमੜਸघॊऋ‫્ؚ‬શਹஇभ੖૘पेॉ‫ؚ‬৐ফૻٔ॑੒୳‫؛‬ š 72.<22+.$.2*<2

9. Slide 9: Forecast balance sheet, cash flow and capex

   ਝ૟਺ৱ‫؞‬੖੼೥ే‫؞‬ଢ଼஢৫৅ ‫ق‬௲ਐ৞‫ؚ‬٫‫ك‬ ੒୳ ੜ੖ ੜ੖૨ ਝ ૟ ਺ ৱ ੖ ੼ ೥ ే ા ଢ଼ ஢ ৫ ৅ ા ି ফ২ऊै૮஄ಕ৒ৱਓಉ॑அीथ਀ંखथउॉऽघ‫؛‬ š 72.<22+.$.2*<2&2/7' ੾঵ਹஇभੜ੖৔๨‫ق‬౫મহ঵‫ك‬ ফা਋ৰౚ ৌ ফা਋੒୳ ನ౹૗৿‫؞‬ਲ਼੼৹ତभ୶஭ ੏৞ ৽ાੜਸ ‫ٺ‬੏৞ ਲ਼঱ੜ੖‫؞‬ উটॲॡॺ঑ॵॡ५ಉ ੏৞ ੏৞ ੏৞ ৰౚ ੏৞ ੒୳ š 72.<22+.$.2*<2&2/7'

10. Slide 10: Forecast sales by segment

    ౫મহ঵भਲ਼঱੒୳‫؟‬৖୅શ ਲ਼঱ৈ‫ق‬௲ਐ৞‫ك‬ 82,256 84,243 73,787 63,937 58,808 55,964 37,162 35,537 31,550 26,253 24,916 ঱ ৣ ঱ ৣ ঱ ৣ ੒୳ ҸӞҼӈӟӊҼӁਃચ౫મ ৈෞ২৲৾ఇષ जभ౎ š 72.<22+.$.2*<2&2/7' ग़ঞॡॺটॽॡ५ਃચ౫મभரథશਲ਼঱ଡਛ 䛭䛾௚ 䛭䛾௚ 9% 㼓㻗㼕 10% 㼓㻗㼕 14% 13% 㧗ᐦᗘᐇ⿦ 㧗ᐦᗘᐇ⿦ 㧗 18% 㻷㼞㻲 18% 㻷㼞㻲 ܱጚ ʖे 㻸㻯㻰 31% 㻸㻯㻰 32% 6% 5% 㻭㼞㻲 㻭㼞㻲 22% 22% ‫(كିق‬

11. Slide 11: Medium-term plan

    WRNর਋ੑ઺भ਄ੌा š 72.<22+.$.2*<2&2/7' WRNর਋ੑ઺ ‫ق‬ফা঩৅਀‫ك‬ َফप਱ऐथ n%RRVWXS72.|ُ ঵ౚ৯ఏ‫ق‬ফা਋‫ك‬ ৽੾অ४ঙথ‫ق‬72.9LVLRQ‫ك‬ ৴੥ਲ਼঱ৈ ੏৞ফ ਰ঱ ৴੥੾঵ਹஇ ੏৞ফ ਰ঱ ௹ऊऩ౞ਟ‫঺ؚ‬ভभ਋ୄप৲৾दૢइॊ (%,7'$ ੏৞ফ ਰ঱ n7KHH0DWHULDO*OREDO&RPSDQ\| 52( ਰ঱॑೐੅ ৴੥ਲ਼঱ৈ‫ق‬੏৞‫ك‬ ৯ఏ (%,7'$‫ق‬੏৞‫ك‬ ੏৞ਰ঱ ৯ఏ ੏৞ਰ঱ ৰౚ ৐রੑৰౚ ৗরੑ ৰౚ ৐রੑৰౚ ৗরੑ š 72.<22+.$.2*<2&2

12. Slide 12: Medium-term plan: TOK Vision

    ফभ঺ভ ‫ع‬72.9LVLRQ‫ع‬ ୳৒ৢॉभਤனपਸइ൓ຍಞ৲भ૴ोऋਸச $595 0(7$9(56( ೫࿒ੵহ ੵহ ঽ৿ઈૡ ঽ৿ ५ঐ‫ॺش‬஗঵ ৢਦ୓୵ ૬ఄव੤ %H\RQG* ೫࿒ୢ௜ ୢ௜ ௜ ೫࿒஗঵ ೫ ೫࿒ ५ঐ‫ॺش‬঍‫ش‬঒ ५ঐ‫ش‬ ‫ॺش‬ॺ঍‫ش‬঒ ঒ š 72.<22+.$.2*<2&2/7' WRNর਋ੑ઺এॖথॺ 72.9LVLRQ॑ৰਠघॊञीभর਋ੑ઺ ৽੾অ४ঙথ ௹ऊऩ౞ਟ‫঺ؚ‬ভभ਋ୄप৲৾दૢइॊ n7KHH0DWHULDO*OREDO &RPSDQ\œ| র਋ੑ઺ਅറ ‫كڭق‬੔ഈঞ४५ॺभॢট‫ش‬ংঝ३ख़॔਱঱ ‫كڮ

13. Slide 13: Medium-term plan initiatives

    ੔ഈঞ४५ॺभॢট‫ش‬ংঝ३ख़॔਱঱ ਗ਼৕౫મउेलৗૠী৙दभ॥॔ૼ୒भඃ੭൉ল র਋ੑ઺ ਄ੌा৯ఏ ਤ⎃૾ய $U)(89 ৗૠ఼৷ඃ੭प਱ऐৈ௬੼॑ඃ੭ ઄଑৬৷ .U) ੔ഈ઄଑৬‫ 'گ؞‬1$1'‫؞‬ ৈऽॊ઄଑৬೽ਏपৌखथ ইज़ॺঞ४५ॺ ইঝছॖথॼॵউद୿ਲ਼ఁপ ঞफ़३‫ش‬઄଑৬਱ऐद஀৹प௓୎ ۖL ঞफ़३‫ش‬઄଑৬਱ऐऩनद ම৹प௓୎ ঃॵॣ‫ش‬४౫મ‫ॹ ؟‬ই॓ॡॺ५ॱথॲ‫ॻش‬भඃ੭प ੔ഈঃॵॣ‫ش‬४ૼ୒ ਱ऐଢ଼஢৫৅॑ਸச ৈഡ২ৰಎ౫મ पဌசपৌૢखञଲષன৫ 0(06౫મ‫୿ ؟‬ଡ଼ఁপप਱ऐञણ৿॑௓ਤ ઄଑৬উট७५भৈ২৲ध ३থ

14. Slide 14: Medium-term plan: targets and DOE

    జ঵৩ग़থ।‫ش‬४ওথॺ॑ ਱঱औचয॑ણऊघ৽੾भ௓ਤ ੅ਢ৓峔੫঵੼க峘਱঱ যহ਑২੝୓ য౫୘ਛ ௮岷্੝୓ జ঵৩崐嵛崚嵤崠嵉嵛崰峘਱঱ ௏೨৽੾്੉ š 72.<22+.$.2*<2&2/7' ௏৸द஍૨৓ऩ৽੾੦ೕभତ૟ ઙ਌൬੪‫؞‬ଦਊभ௓୎! p ਍৒৓ऊणಲਢ৓ऩઙ਌षभਹஇ൬੪॑৯৓धखथଦਊ্ଉ॑૗ಌ‫؛‬ ‫ܒ‬૗ಌ৏‫؟‬ෞৱਓଦਊ૨'2(॑৯૪‫ق‬਋ेॉ‫ك‬ p ઙ਌൬੪ੁधखथঽഞઙૄभ਄੭पणःथुഩৡ৓पৌ૪घॊ‫؛‬ ঽഞઙૄभ਄੭ ‫ق‬ৠ৮‫ك‬ ਄੭੼પभ੕પ‫؟‬ ঽഞઙૄभ਄੭ ௲ਐ৞ ‫ق‬ৠ৮‫ك‬ ‫ق‬৞‫ك‬ ੒୳ ਄੭੼પभ੕

15. Slide 15: Boost up TOK

    ௹ऊऩ౞ਟ‫঺ؚ‬ভभ਋ୄप৲৾दૢइॊ n7KHH0DWHULDO*OREDO &RPSDQ\œ| %RRVW XS 72. š 72.<22+.$.2*<2&2/7' ZZZWRNFRMS ٛओିਔٜ মৱમभ঵ౚ੒୳म‫ؚ‬ਠৎਡपउःथৄ஋ुैोञৄৢखदँॉ‫ؚ‬ ऒोऽदपোু૭ચऩੲਾऊै੭ैोञਖ਼૵प੦तःथउॉऽघ‫؛‬ खञऋःऽखथ‫ؚ‬ৰ੠भ঵ౚम‫ؚ‬஘‫ر‬ऩਏ౤ृজ५ॡपेॉ ऒभ঵ౚ੒୳धमপऌऎ౮ऩॊ੥ટधऩॊ૭ચਙऋँॉ‫ؚ‬ ःऊऩॊન৺ृ৳઒॑ষअुभदमँॉऽच॒‫؛‬ š 72.<22+.$.2*<2&2/7'

16. Slide 16: Reference: EBITDA and supplemental

    ଓଌ‫੾৽؟‬੦ೕਘ৲‫ق‬%6ঐॿ४ওথॺ௓ਤ‫ك‬ ઄଑৬౫મभಇশपेॉ൉লखञ(%,7'$म‫ؚ‬ ર੔৓पਛশ਺ৱप਺ৣखञ঱दઙ਌൬੪पਃ৿৓पଦী ধফय़কॵ३গ‫؞‬ইট‫ش‬ੑ઺‫ق‬ॖও‫ش‬४‫ك‬ ઈૡৱমੜਸ‫؞‬ ১যઘ੍௸ःಉ ෞৱਓଦਊ૨‫'ق‬2( ٫৯૪ ઙ਌൬੪ ৺੏৞ਰ঱ ྸ஋(%,7'$ টথॢছথभଢ଼஢৫৅஑੫঵ ৺੏৞ ਛশ਺ৱ ‫ق‬ৗૠহ঵য়ठ঱ऑ‫ؚ‬ ৺੏৞ਰ঱ য৓ৱম‫؞‬ੴ৓ৱম਺ৱ‫ؚ‬ ਞ౜૗৿ৌૢ‫ؚ‬0 $‫ك‬ ਝ૟਺ৱ ‫ق‬੦ຊ৖ী‫ك‬ ઄଑৬৘ৃभఁপध ੏৞ ৈષସଲષभ਍৒઀୹प ਱ऐञেਓ੦ೕभఁౄ %6৹ତ

Tokyo Ohka Kogyo — Q2 2022 Earnings Presentation on 6ix