Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — Q1 2024 Earnings Presentation
10 slides from Nippon Chemi-Con's earnings presentation, August 2024
Slide 1: Financial Results Explanatory Material for 1Q FY2024
Financial Results Explanatory Material for 1Q FY2024 (Three months ended June 30, 2024) TSE Prime Market, Securities code:6997 NIPPON CHEMI‐CON CORPORATION August 2024 0
Slide 2: 1Q FY2024 Trend in Net Sales and Operating Margin
1Q FY2024 Trend in Net Sales and Operating Margin (Million yen) Capital investments were sluggish amid increasing economic uncertainty 50,000 10.0% Net Sales 41,137 39,203 Operating Margin 40,000 8.0% 35,680 34,718 6.9% 6.4% 29,296 30,000 6.0% 5.9% 5.8% 20,000 4.0% 10,000 1.8% 2.0% 0 0.0% FY2023 FY2
Slide 3: 1Q FY2024 – Results Overview
1Q FY2024 – Results Overview □ Net Sales: Decreased 29% YoY to 29,200 million yen ◆ Automotive electronics market Stable growth in global demand ◆ Industrial equipment market Overall capital investment demand remained sluggish on economic downturn in China, etc. ◆ ICT market Demand recovery for data
Slide 4: Consolidated Results (YoY)
1Q FY2024: Consolidated Results (YoY) Industrial equipment and home appliances markets remained stagnant ➡ Recorded YoY decline in net sales and income (Million yen, %) FY2023 FY2024 YoY 1Q 1Q Change % Change Net Sales 41,137 29,296 -11,841 -28.8% Operating income 2,413 520 -1,892 -78.4% Ratio to ne
Slide 5: Net Sales by Market and by Region
1Q FY2024: Net Sales by Market and by Region □ Percentage of Net Sales by Market ▢ Market Overview Automotive Industrial Automotive electronics New Home ICT Other 1Q FY2023 electronics equipment energy appliances Stable growth in global demand 7% 10% 23% 7% 31% 22% Industrial equipment Capital inves
Slide 6: Operating Income (YoY)
1Q FY2024: Operating Income (YoY) Downturn in operating income is mainly due to the impact (Billion yen) of decreased net sales NIPPON CHEMI‐CON CORPORATION August 2024 5
Slide 7: Net Sales by Product (YoY)
1Q FY2024: Net Sales by Product (YoY) Industrial equipment and home appliances markets remained stagnant but the ICT market shifted towards recovery trend from 1Q (Million yen, %) FY2023 FY2024 YoY 1Q 1Q Amount % of total Amount % of total Change % Change Aluminum electrolytic 36,855 89.6 25,377 86.
Slide 8: Future operating environment (Envisioned market rebound)
Future operating environment (Envisioned market rebound) Overall, the business environment is developing on par with initial assumptions On the ICT market, the recovery on the server market is faster than assumptions. Automotive electronics projected to recover from 2Q onward. Industrial equipment f
Slide 9: FY2024: Consolidated Full-Year Forecast
FY2024: Consolidated Full-Year Forecast No changes to full-year earnings forecast from figures announced in May (Million yen, %) FY2023 FY2024(Forecast) YoY No change from Results figures announced Change % Change in May Net Sales 150,740 153,000 +2,259 +1.5% Operating income 9,422 11,500 +2,077 +22
Slide 10: Disclaimer
Disclaimer This material has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The projected performance figures in this material are based on information ava