Ulvac, Inc. · TSE:6728
Ulvac — FY2020 Q3 Earnings Presentation
16 slides from Ulvac's earnings presentation, May 14, 2021
Slide 1: Business Results FY2020 First to Third Quarter (cumulative)
(Securities code: 6728) Business Results FY2020 First to Third Quarter（cumulative） (July 2020 - March 2021) May 14, 2021 ULVAC Inc. 1 FY203QPSN20210514E © 2020 ULVAC, Inc. | Confidential and Proprietary Information
Slide 2: Disclaimer regarding forward-looking statements
Disclaimer regarding forward-looking statements Forward-looking statements of the company in this presentation are based on information that was available at the time these documents were prepared. There are several factors that directly or indirectly impact the company performance, such as the glob
Slide 3: Full-year earnings forecast, Dividend forecast revised
Full-year earnings forecast ・ Dividend forecast revised Full-year earnings forecast revised upward (mainly due to increase in orders and sales in semiconductor and electronics-related businesses) Dividend forecast revised from 70 yen to 80 yen 1Q to 3Q cumulative orders increased YoY. Net sales decr
Slide 4: Revision of FY2020 Full Year Consolidated Earnings Forecast
Revision of FY2020 Full Year Consolidated Earnings Forecast • Full-year earnings forecast revised upward mainly due to the increase in orders and sales in semiconductor electronics-related businesses • Dividend forecast revised from 70 yen to 80 yen (Unit: ¥1 billion) FY2020 FY2020 FY2019 Full Year
Slide 5: Revision of FY2020 Full Year Consolidated Earnings Forecast (Orders)
Revision of FY2020 Full Year Consolidated Earnings Forecast (Orders) • Orders revised upward from ¥180.0 billion to ¥185.0 billion due to increased investment activity in semiconductor and electronics-related business (+¥9.5 billion) • Orders increased after 1H FY2019. Semiconductor and Electronic D
Slide 6: Revision of FY2020 Full Year Consolidated Earnings Forecast (Sales)
Revision of FY2020 Full Year Consolidated Earnings Forecast (Sales) • Sales revised upward from ¥165.0 billion to ¥180.0 billion due to the active investment in semiconductor and electronics-related business • Expected to increase after 1H of the current fiscal year • Growth mainly for semiconductor
Slide 7: Overview of 1Q to 3Q FY2020 Consolidated Business Results (Cumulative)
Overview of 1Q to 3Q FY2020 Consolidated Business Results (Cumulative) • Orders : Increased YoY, mainly in semiconductor・electronics and FPD-related business • Net sales : Decreased YoY due to the impact of decreased orders in FY2019, but on a recovery track • Operating income: Decreased YoY due to
Slide 8: Orders Received by Segment
Overview of 1Q to 3Q FY2020 Consolidated Business Results (Cumulative) (Orders Received by Segment) • 3Q: Decreased in reaction of approx. ¥10.0 billion orders received in 2Q ahead of schedule, but progress of 1Q to 3Q cumulative total was almost in line with the initial plan and increased YoY • Sem
Slide 9: Net Sales by Segment
Overview of 1Q to 3Q FY2020 Consolidated Business Results (Cumulative) (Net Sales by Segment) • Net sales declined YoY due to a decrease in orders in FY2019, but in a recovery trend after 1Q Net sales vs. same period last year Quarterly change (Unit:¥1 billion) (Unit:¥1 billion) Others Materials Gen
Slide 10: Profit Margins
Overview of 1Q to 3Q FY2020 Consolidated Business Results (Cumulative) (Profit Margins) • The gross profit margin was 27.8% in 1H and 29.9% in the 3Q. Compared to 27.3% in FY 2019, the results of manufacturing reforms is realizing • Operating profit margin had been declining due to sales decline but
Slide 11: Overview of 3Q FY2020 Business Results (Consolidated Balance Sheet)
Overview of 3Q FY2020 Business Results (Consolidated Balance Sheet) • Cash and deposits increased by ¥11.4 billion, notes and accounts receivable-trade decreased by ¥6.3 billion • Net assets increased by ¥7.1 billion, equity ratio was 55.7%. Assets (Unit: ¥1 billion) Liabilities and Net Assets (Unit
Slide 12: Topics I Increasing Electronics-related Investment in China
Topics I Increasing Electronics-related Investment in China ( Promoting Business Growth ) • Business negotiations stimulated ●●●●★☆☆☆ Liaoning（5） by domestic production policy in ●★★★★★ ★ ★★★★★☆☆ ☆ the electronics field ☆☆☆ Beijing（28） ☆☆ ★★★★ ☆ • Enhancement of sales and Tianjing(2) technical suppo
Slide 13: Topics II Combined deposition modules Gemini series released
Strengthening Topics II Combined deposition modules “Gemini series” released ( Manufacturing capabilities ) • Equipped with a variety of different process modules on the same transfer core • Using common parts to reduce spare parts and providing the same operation display⇒ High Efficiency Applicable
Slide 14: Topics III Reorganization of Korean subsidiaries
Topics III Reorganization of Korean subsidiaries (Strengthening Group management efficiency ) Merger of 4 Korean subsidiaries related in cleaning, surface treatment, bonding and parts processing and other service businesses <Purpose> • To expand market share by integrating equipment-related service
Slide 15: ULVAC vacuum technology contributes to many industries and applications
ULVAC vacuum technology contributes to many industries and applications 15 FY203QPSN20210514E © 2020 ULVAC, Inc. | Confidential and Proprietary Information Battery バッテリー
Slide 16: Vacuum technology for manufacturing
Vacuum technology For manufacturing 16 FY203QPSN20210514E © 2020 ULVAC, Inc. | Confidential and Proprietary Information