Fuji Electric Co., Ltd. · TSE:6504

Fuji Electric — Q1 2022 Earnings Presentation

18 slides from Fuji Electric's earnings presentation, Jul 28, 2022

  1. Slide 1: Consolidated Financial Results for 1Q FY2022

    Consolidated Financial Results for 1Q FY2022 July 28, 2022 Fuji Electric Co., Ltd. ©2022 Fuji Electric Co., Ltd. All rights reserved. 1

  2. Slide 2: Contents

    Contents 1. FY2022 1Q Results (YoY Comparison) P. 3 2. FY2022 Forecasts (YoY Comparison) P. 12 3. Balance Sheet P. 14 4. Reference P. 16 ©2022 Fuji Electric Co., Ltd. All rights reserved. 2

  3. Slide 3: 1. FY2022 1Q Results (YoY Comparison)

    1. FY2022 1Q Results (YoY Comparison) ©2022 Fuji Electric Co., Ltd. All rights reserved. 3

  4. Slide 4: Summary of Consolidated Financial Results

    Summary of Consolidated Financial Results for 1Q FY2022 (YoY Comparison) New record highs achieved for net sales, operating income, and ordinary income (Billion yen) FY2021 1Q FY2022 1Q Change Net Sales Gain on translation of earnings of overseas subsidiaries +7.1 Net Sales 190.0 203.9 14.0 Demand I

  5. Slide 5: Breakdown of Changes in Operating Results

    Breakdown of Changes in Operating Results for 1Q FY2022 (YoY Comparison) Higher income primarily as a result of increases in sales and production volumes as well as favorable foreign exchange influences Cost reductions and price increases instituted to absorb impacts of soaring material prices Incre

  6. Slide 6: Net Sales and Operating Income by Segment

    Net Sales and Operating Income by Segment for 1Q FY2022 (YoY Comparison) Higher income in all segments except Power Electronics Industry (Billion yen) FY2021 1Q FY2022 1Q Change Operating Operating Operating Operating Operating Operating Net Sales Net Sales Net Sales Income/Loss Margin Ratio. Income

  7. Slide 7: Business Results by Segment ①

    Business Results by Segment for 1Q FY2022 (YoY Comparison) ① (Billion yen) FY2021 FY2022 1Q 1Q Change Overview Energy Management Net Sales Decreased by 23% Net Sales Decrease in net sales as a result of the absence of large-scale orders for substation 44.7 51.3 6.5 equipment for power and industrial

  8. Slide 8: Business Results by Segment ②

    Business Results by Segment for 1Q FY2022 (YoY Comparison) ② (Billion yen) FY2021 FY2022 1Q 1Q Change Overview Increase in net sales despite the repercussions of withdrawing from magnetic disk operations, due to growth in demand for power semiconductors for electrified vehicles (xEVs) and for Sales

  9. Slide 9: Net Sales by Japan and Overseas Area

    Net Sales by Japan and Overseas Area for 1Q FY2022 (YoY Comparison) Lower sales in China due to lockdowns, but higher sales in all other regions (Billion yen) (Billion yen) Power Supply and +1.1 YoY FY2021 FY2022 Facility Systems Change ED&C Components +0.6 1Q 1Q Automation Systems +1.6 +14.0 -4.0 S

  10. Slide 10: Breakdown of Changes in Amount of Orders Received by Products

    Breakdown of Changes in Amount of Orders Received by Products for 1Q FY2022 (YoY Comparison) Consistently high level of orders for major components Favorable trend in orders for power electronics plant and system projects YoY ＜Increase and decrease in plant and systems projects ＞ (Billion yen) 283.7

  11. Slide 11: Breakdown of Changes in Amount of Sales by Products

    Breakdown of Changes in Amount of Sales by Products 1Q FY2022 (YoY Comparison) Lower sales of power electronics factory automation components due to lockdowns in China Higher sales of semiconductors, ED&C components, and plant systems ＜Increase and decrease in plant and systems projects ＞ (Billion y

  12. Slide 12: 2. FY2022 Forecasts (YoY Comparison)

    2. FY2022 Forecasts (YoY Comparison) ©2022 Fuji Electric Co., Ltd. All rights reserved. 12

  13. Slide 13: Consolidated Financial Results Forecasts for Six Month and Full-year FY2022

    Consolidated Financial Results Forecasts for six month and Full-year FY2022 (YoY Comparison) No change to six-month or full-year forecasts announced on April 27, 2022 1st Half Full-year Assumed Exchange Rate from 2Q to 4Q FY2022 FY2022 FY2021 Forecasts FY2021 Forecasts US$ EURO RMB (Billion yen) Res

  14. Slide 14: 3. Balance Sheet

    3. Balance Sheet ©2022 Fuji Electric Co., Ltd. All rights reserved. 14

  15. Slide 15: Consolidated Balance Sheet at the End of 1Q FY2022

    Consolidated Balance Sheet at the End of 1Q FY2022 (YoY Comparison) (Billion yen) Assets Liabilities and Net Assets 3/31/22 6/30/22 Change 3/31/22 6/30/22 Change Notes and account Cash and time deposit 93.0 104.4 11.4 Notes and account payables, trade 171.7 165.6 -6.2 payables receivables, trade 357

  16. Slide 16: 4. Reference

    4. Reference ©2022 Fuji Electric Co., Ltd. All rights reserved. 16

  17. Slide 17: Reference

    Reference ■ED&C Components 1Q 1Q amount of orders received QoQ YoY All +5% +25% Japan +4% +32% Overseas +8% +10% ■Low-voltage inverters 1Q 1Q amount of orders received QoQ YoY All -15% +16% Japan -22% -9% Overseas -12% +33% ■Semiconductor 1Q 1Q amount of orders received QoQ YoY All (Exclude Magnetic

  18. Slide 18: company’s judgments and assumptions in light of information currently available.

    1.These materials are outside the scope of auditing procedures required by law, and as of the date of this results presentation, financial statement auditing procedures required by law have not yet been completed. 2. Statements made in this documents or in the presentation to which they pertain rega

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