Slide 1: FY2020 Financial Results Briefing
FY2020 Financial Results Briefing May 20, 2021 （Securities Identification Code: 6787）
Slide 2: Forward-looking statements disclaimer
This presentation contains forward-looking statements concerning Meiko Group’s future plans, strategies and performance. However, Meiko does not publish this presentation as a disclosure document based on the Financial Instruments and Exchange Act of Japan. These forward-looking statements are not h
Slide 3: FY2020 Results, FY2021 Forecast, Medium-Term Production Strategy
１ FY2020 Results ２ FY2021 Forecast Medium-Term 3 Production Strategy 3
Slide 4: FY2020 Financial Results - Consolidated
FY2020 Financial Results - Consolidated （100 million yen） FY2019 FY2020 Year-on-Year (Apr. 2019-Mar. 2020) (Apr. 2020-Mar. 2021) Diff. % Net Sales 1,155 1,193 38 3.3% Operating 52 67 15 28.3% Income 4.5% 5.6% Ordinary 48 57 9 19.0% Income 4.2% 4.8% Net Income 26 46 20 79.4% 2.2% 3.9% Average exchang
Slide 5: Quarterly Net Sales and Operating Income
Quarterly Net Sales and Operating Income （100 million yen） Net Sales Operating Operating Operating Net Sales Income Income Margin Income 40 336 325 300 315 303 307 298 299 292 289 32 30 273 257 243 26 26 200 25 10.1% 23 20 8.7% 17 17 8.2% 16 100 5.7% 7.2% 7.5% 13 10 5.9% 5.1% 7 4.6% 5 2 2.5% 2.0% 0
Slide 6: Net Sales and Operating Income by Product Application
Net Sales and Operating Income by Product Application （100 million yen） FY2019 FY2020 Year-on-Year Operating Operating Operating Net Sales Income Net Sales Income Net Sales Income (%) (%) (%) Automotive 534 29 523 36 -11 7 5.4% 6.9% -2.1% 24.1% Smartphone 249 18 288 21 39 3 Tablet 7.2% 7.3% 15.7% 16
Slide 7: FY2021 Forecast
1 FY2020 Results ２ FY2021 Forecast Medium-Term 3 Production Strategy 7
Slide 8: FY2021 Forecast - Consolidated
FY2021 Forecast - Consolidated （100 million yen） FY2020 FY2021 Year-on-Year (Apr. 2020-Mar. 2021) (Apr. 2020-Mar. 2021) Results Forecast Diff. % Net Sales 1,193 1,350 157 13.2% Operating 67 95 28 42.7% Income 5.6% 7.0% Ordinary 57 87 30 52.7% Income 4.8% 6.4% Net Income 46 75 29 61.6% 3.9% 5.6% Aver
Slide 9: FY2021 Forecast by Product Application
FY2021 Forecast by Product Application （100 million yen） FY2020 Results FY2021 Forecast Year-on-Year Operating Operating Operating Net Sales Net Sales Net Sales Income (%) Income (%) Income (%) Automotive 523 36 591 38 68 2 6.9% 6.4% 13.0% 5.6% Smartphone 288 21 337 34 49 13 Tablet 7.3% 10.1% 17.0%
Slide 10: Sales Forecast by Product Application
Sales Forecast by Product Application （100 million yen） Automotive Smartphones AI・IoT Amusement Storage Office equipment Digital home appliances Others EMS 20 11 (1.5%)(0.8%) FY2021 forecast 591 (43.8％) 337 (25.0%) 105 (7.8%) 27 (2.0%) 149 (11.0%) 1,350 40 70 (3.0%)(5.1%) 68 49 22 -15 33 157 (13.0%)
Slide 11: Sales Forecast by Product Specification
Sales Forecast by Product Specification （100 million yen） Double-sided PCB Four-layerPCB Six layers or more HDI PCB High Dissipation PCB Flexible PCB Others EMS 2 1,350 (0.1%) FY2021 forecast 44 257 251 606 30 149 (3.3%) (19.0%) (18.6%) (45.0%) (2.2%) (11.0%) 億円 11 (0.8%) 30 27 99 33 157 (13.2%) (12
Slide 12: Medium-Term Production Strategy
1 FY2020 Results ２ FY2021Forecast Medium-Term 3 Production Strategy 12
Slide 13: PCB Market Forecast
PCB Market Forecast DX boosts PCB market expansion for high-speed communication Expected growth drivers for PCB market Smartphone Sales Large-sized Package Substrates Meiko’s target Multilayer 4G Memory Package PCB Communication Carrier Macro Cell Server 5G Low Transmission Loss Mid/multilayer optic
Slide 14: Medium-Term Production Strategy
Medium-Term Production Strategy Meiko will accelerate its improvement and strengthening efforts for manufacturing, challenging the cutting-edge fields and expanding the products portfolio, aiming for stable supply to customers and extension of services based on the expertise to meet customer’s requi
Slide 15: Manufacturing Improvement Plan
Manufacturing Improvement Plan 《Highest Productivity》 《Disaster Control》 Disaster Control Center in Vietnam Robotization Camera IoT, AI utilization Visualization Automation Sensing Eco Smart Factory ・IoT utilization ・Internal audit enhancement Logistics automation Oneline, Inline Environment Disaste
Slide 16: Capacity Expansion of Production site
Capacity Expansion of Production site Becoming the global PCB leader in module substrates in addition to automotive and smartphone business Core Business - PCB New Core Business Automotive Smartphone Module Heat Dissipation HDI Any Layer Memory/Sensor RF/Antenna Plan for module production Vietnam Pl
Slide 17: CAPEX Highlights
CAPEX Highlights （100 million yen） Strategic investment area: Cutting-edge products for Automotive, Smartphone and 5G/Module products Net Sales CAPEX Net Sales CAPEX R&D 1,500 300 1,350 1,189 1,155 1,193 1,085 1,000 200 150 120 107 100 96 500 100 14 20 7 8 10 0 0 FY2017 FY2018 FY2019 FY2020 FY2021 F