Slide 1: Business Report for FY2013
1/23 Business Report for FY2013 SMK Corporation April 30,2014 Business Report for FY2013 April 30, 2014
Slide 2: Executive Vice President and CFO Kohei Ohgaki
2/23 Executive Vice President and CFO KOHEI OHGAKI Business Report for FY2013 April 30, 2014
Slide 3: Consolidated Financial Result
＜Consolidated＞ Financial Result 3/23 FY2012 FY2013 Sales Amount : Income : Million yen 20.8% Million yen 65,796 60,000 54,475 6,000 4,251 40,000 4,000 2,330 2,541 20,000 1,576 2,000 0 0 △ 198 △ 853 -20,000 -2,000 Net Sales Operating Income Ordinary Income Net Income Business Report for FY2013 April
Slide 4: Consolidated Operating Expenses
<Consolidated> Operating Expenses 4/23 FY2012 FY2013 Unit : Million yen 55,328 63,466 ( ): Sales ratio (101.5%) (96.4%) Material costs Amount paid to 60,000 subcontractors Labor costs Expenses 32,808 27,403 (50.3%) Depreciations 40,000 (49.9%) 0.9% improvement in (material costs + 1,608 (2.4%) amo
Slide 5: Consolidated Analysis of Sales Expenses
5/23 ＜Consolidated＞Analysis of Sales Expenses Analysis of factors for increase/decrease Unit : Million yen of consolidated operating income ［ FY2012 VS FY2013 ］ Total 3,183 million yen 4,000 Increase in Business 3,000 sales profits for amount this term 1,369 2,330 2,000 Impact of Reduced Labor costs
Slide 6: Consolidated Non-operating Profit and Loss
＜Consolidated＞ Non-operating Profit and Loss 6/23 Unit : Million yen FY2012 FY2013 ( ) : percentage to 2,429 1,921 sales amount (4.5%) (3.0%) 3,000 Currency exchange <Exchange profit> profit/loss 543 million yen 2,000 1．FY2012 Revenues 2012/3 ¥ 82.19/$ 1,963 from and 1,420 2013/3 ¥ 94.05/$ expenditu
Slide 7: Consolidated Non-operating profit and loss
＜Consolidated＞ Non-operating profit and loss7/23 Unit : Million yen FY2012 FY2013 ( ) : percentage to sales amount △229 △657 500 Gain from revaluation investment securities 352 224 Gain on reversal of 0 subscription rights to shares △ 174 △ 228 △ 200 △ 40 Loss due to impairment -500 △ 207 △ 613 Asso
Slide 8: Consolidated Segment Information
＜Consolidated＞ Segment Information 8/23 FY2013 Unit : Million yen Reporting Segment TOTAL Others (*) （Consolidated CS Div. FC Div. TP Div. Total gain and loss exhibit） Net Sales 27,416 22,438 15,808 65,662 134 65,796 Segment gain or loss（Operating 1,403 △963 1,866 2,306 24 2,330 Income） FY2012 Repor
Slide 9: Consolidated Cash Position
＜Consolidated＞ Cash Position 9/23 Unit : Million yen 2013/3 2014/3 Differential (A) (B) (B-A) Assets 52,498 56,235 3,737 Cash and cash equivalents 8,713 11,227 2,514 Accounts receivable 14,551 14,681 130 Inventories 5,466 5,904 438 Fixed assets 19,864 21,010 1,146 Liabilities 24,293 24,759 466 Accou
Slide 10: Consolidated Cash Flow Position
＜Consolidated＞ Cash Flow Position 10/23 Unit : Million yen FY2012 FY2013 Cash Flow from operating activities 5,310 7,645 Working capital △99 △731 Income before income taxes 1,347 3,594 Depreciation 3,438 3,377 Others 624 1,405 Cash Flow from investing activities △3,402 △3,420 Free Cash Flow 1,908 4,
Slide 11: Consolidated Financial Highlights: Half-Period Compared with Expectations
＜Consolidated＞ Financial Highlights 11/23 （Half-Period） Compared with Expectations Unit : Million yen Net Sales FY2013 FY2013 FY2013 FY2014 FY2014 FY2014 Profit 4-9 10-3 4-9 10-3 80,000 8,000 70,000 65,796 67,100 7,000 60,000 Ordinary Income except exchange 6,000 gain（1,420 million yen) 50,000 5,000
Slide 12: Annual Dividend
Annual Dividend 12/23 End of the End of year Annual second quarter FY2014（Plan） ― ― 10.00 yen FY2013 5.00 yen 5.00 yen 10.00 yen Business Report for FY2013 April 30, 2014
Slide 13: President and COO Yasumitsu Ikeda
13/23 President and COO Yasumitsu Ikeda Business Report for FY2013 April 30, 2014
Slide 14: SMK Executive Appointment June 24, 2014
SMK Executive Appointment June 24, 2014 14/23 Name Present Post New Post ☆Transfer Representative director Tetsuya Chairman and CEO Senior Adviser Nakamura Director, Executive Deputy Representative Director, Executive Yoshio Sakurai President and CIO Deputy President and CIO ☆New Director candidate
Slide 15: Full Fiscal Term Performance (FY2011-FY2014)
Full Fiscal Term Performance (FY2011- FY2014)15/23 Net Sales: Million yen Income: Million yen 80,000 8,000 67,000 67,100 7,000 70,000 65,796 6,000 60,000 55,340 4,900 54,475 5,000 4,251 50,000 3,200 4,000 40,000 3,200 2,541 2,700 2,500 3,000 2,400 2,330 2,000 30,000 1,576 1,000 20,000 -198 0 10,000
Slide 16: Net Sales by Product Division (FY2011-FY2014)
Net Sales by Product Division (FY2011-FY2014)16/23 %：Compared to Net Sales: Million yen previous term 121% 102% 70,000 65,796 67,100 Others 157 Others 134 60,000 55,340 54,475 95% Others 234 15,808 159% 15,093 Others 251 50,000 10,418 9,923 40,000 119% 25,238 112% 22,438 22,049 18,803 30,000 20,000
Slide 17: Operating Income by Product Division (FY2011-FY2014)
Operating Income by Product Division（FY2011～FY2014 )17/23 Net Sales: Million yen 4000 2,700 2,330 24 3000 35 1,866 2000 1,544 1000 -853 9 44 1,403 -1,166 12 1,112 521 0 17 -312 -963 FY2011Results FY2012Results FY2013Results FY2014Plan -1000 -717 -1,430 -154 -2000 CS FC TP Others Business Report for
Slide 18: Net Sales by Market (FY2011-FY2014)
Net Sales by Market（FY2011 ~FY2014) 18/23 Net Sales: Million yen %：Compared to 80,000 previous term 65,796 67,100 70,000 1,285 1,700 132% 118% 55,340 54,475 60,000 8,825 9,400 107% 119% 1,053 1,090 6,453 7,200 112% 50,000 6,306 7,425 80% 7,372 8,047 16,933 15,300 90% 40,000 106% 30,000 19,264 15,939
Slide 19: FY2013 Business Environment
FY2013 Business Environment 19/23 Positive aspects Recovery of the global economy Growth of the electronics industry Business potential in New markets and Emerging nations market has increased Negative aspects Concern over emerging nations' economic slowdown Commoditization of electronics
Slide 20: FY2014 Priority Matters
FY2014 Priority Matters 20/23 1. Reclaiming existing markets and cultivating new markets 2. Increase effort to develop new business 3. Evolution of management of TN group (Production, Development, Sales) 4. Reinforcement of CSR and Risk management Business Report for FY2013 April 30, 2014
Slide 21: FY2014 important markets
FY2014 important markets 21/23 Now Future Digitalization Networking, Smartification Existing main markets Car electronics Smartphone / Tablet Set-top box (IPTV, CATV, Satellite） Business Report for FY2013 April 30, 2014
Slide 22: Sales & Operating Income Chart (FY2001-FY2014)
Sales & Operating Income Chart（FY2001～FY2014）22/23 Net Sales: Million yen Income: Million yen 90,000 87,659 12,000 79,074 11,000 80,000 71,860 72,742 10,000 66,438 67,100 70,000 64,371 65,796 9,000 60,753 62,814 61,914 58,133 8,000 60,000 55,340 54,475 7,000 50,000 5,654 5,166 6,000 40,000 4,134 4,2
Slide 23: Notice
23/23 Notice All information in this material concerning the forecast of business achievements, projections of general business conditions and our business strategies is dependent on our conclusion made to a normally foreseeable extent applying information reasonably accessible to us at the time of