Nisshinbo Holdings Inc. · TSE:3105
Nisshinbo — Q2 FY2019 Earnings Presentation
22 slides from Nisshinbo's earnings presentation, Aug 8, 2019
Slide 1: 2Q Financial Results for FY2019
2Q Financial Results for FY2019 (Jan. 2019 – Jun. 2019) Nisshinbo Holdings Inc. Aug. 8, 2019
Slide 2: Highlights (y/y)
Highlights（y/y） （mil. yen） FY2018 FY2019 Change 2Q results 2Q results Rate (adjusted) Net sales 269,623 256,807 -12,815 ▲4.8% Operating income 7,462 929 -6,532 ▲87.5% Ordinary income 9,978 3,718 -6,259 ▲62.7% Attributable to Owners of Parent 6,344 2,743 -3,601 ▲56.8% Net income Exchange rate yen/dol
Slide 3: FY2019 2Q Net sales breakdown (y/y)
FY2019 2Q Net sales breakdown (y/y) （mil. yen） FY2018 FY2019 Change 2Q results 2Q results Rate (adjusted) Wireless comms 83,019 81,740 -1,279 ▲1.5% Microdevices 30,770 30,829 +58 +0.2% Brakes 73,012 66,165 -6,846 ▲9.4% Precision instruments 33,199 32,484 -715 ▲2.2% Chemicals 6,466 4,379 -2,087 ▲32.3
Slide 4: Net sales breakdown (y/y)
Net sales breakdown (y/y) NSSHNBO 275,000 FY2019 2Q Net sales (y/y) 270,000 269,623 |0279)) og 265,000 TI ae 700,000 ] 2,087 256,807 255,000 -- 4 250,000 sz = = of 2 S g a 9 2 i an => a Qo i] aD x > N (mil. yen) 2 a a2 a & fo} o = nD a Soa =A fo} is} aS o g 3B 8 £38 3. a s 5 a @ g a ae 2 33 5 & z o
Slide 5: FY2019 2Q Operating income breakdown (y/y)
FY2019 2Q Operating income breakdown (y/y) （mil. yen） FY2018 FY2019 Change 2Q results 2Q results Rate (adjusted) Wireless comms 3,348 3,665 +316 9.4% Microdevices 1,166 -432 -1,599 - Brakes 269 -2,213 -2,482 - Precision instruments 1,051 192 -859 ▲81.7% Chemicals 1,376 666 -710 ▲51.6% Textiles 573 5
Slide 6: Operating income breakdown (y/y)
Operating income breakdown (y/y) 6
Slide 7: Ordinary income to net income (y/y)
Ordinary income to net income (y/y) （mil. yen） FY2018 FY2019 Change 2Q results 2Q results （adjusted） Rate Operating income 7,462 929 -6,533 ▲87.6% Non-operating income 4,466 4,064 -402 ▲9.0% Non-operating expenses 1,949 1,275 -674 ▲34.6% Ordinary income 9,978 3,718 -6,260 ▲62.7% Extraordinary income
Slide 8: Efforts in FY2019: Acquired all shares of NJ Components
Efforts in FY2019 ◆Acquired all shares of NJ Components（July 2019） Nisshinbo has taken over business related to coils and transformers from FDK Corporation and aims to strengthen the power supply business for xEV, which are expected to rapidly grow. Nagano Japan Radio plans to generate sales JPY10.0
Slide 9: Corporate Philosophy
Corporate Philosophy Corporate philosophy is indispensable to ensure the healthy entrepreneurial spirit. Public Entity Contributing to society is our raison d’être and sustained contributions are the driving force behind the Group’s growth. Consistent Integrity We shall conduct business activities a
Slide 10: Growth strategies
Growth strategies Environment and Energy, Safe and Security Business domains with promising future corresponding to the paradigm and social needs Telecommunications Environment Energy （Smart society） Issues facing society Solutions Environmental Contributing to a safer destruction, and more secure s
Slide 11: Growth strategies: Strategic business domains
Growth strategies Strategic business domains Infrastructure Life & Mobility Healthcare & Safety ◆Move deeper into service sector Providing value that leverages our manufacturing technology and products ◆Make a break with gradualism and paternalism ◆Draw the line between public and private matters 11
Slide 12: Business portfolio management
Business portfolio management Seegment Company & business Event Country Method 2005 Microdevice NJR Consolidated Japan TOB 2009 Holding company system adopted 2010 Wireless &comms JRC & NJRC Consolidated Japan TOB 2011 Brake TMD Luxembourg 2013 Wireless &comms Alphatron Marine The Netherlands 2014 T
Slide 13: Business & Products: Mobility
Business & Products Mobility Marine electronics equipment Electronic devices Advanced navigation systems Bridge systems Automobile brakes J-Marine NeCST Brakes pads, Brake linings Autonomous ship operation 13
Slide 14: Business & Products: Mobility
Business & Products Mobility Communications & Power supply equipment Precision instruments Plastic molding ETC systems GPS receiver Pump housing EBS valve block Headlamp Air conditioner fans Autonomous driving Electronic devices CARBODILITE 14
Slide 15: Business & Products: Mobility
Business & Products Mobility Carbon alloy catalysts Gas leak detector Bipolar plates for fuel cells 15
Slide 16: Business & Products: Infrastructure & Safety
Business & Products Infrastructure & Safety Plant factory & Smart factory Solutions Disaster information Rigid Urethane Block (Insulator) Weather radar broadcasting radio systems Millimeter-wave communications device Water management, Disaster prevention Satellite communication systems 16
Slide 17: Business & Products: Life & Healthcare
Business & Products Life & Healthcare CARBODILITE Textiles Medical ultrasound equipment Uniform Nonwoven fabric MOBILON Real estate Ultrasonic diagnostic equipment 17
Slide 18: Appendix Segment breakdown
Appendix Segment breakdown 18
Slide 19: Appendix Segment breakdown①
Appendix Segment breakdown① Current period Wireless and FY2018 adjusted FY2018 2Q adjusted FY2019 2Q Change FY2019 FC communications Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Marine systems 33,210 -2,727 16,225 -1,679 17,138 -985 913 694 37,100 -900 Communicatio
Slide 20: Appendix Segment breakdown②
Appendix Segment breakdown② Current period FY2018 adjusted FY2018 2Q adjusted FY2019 2Q Change FY2019 FC Precision Instruments Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Precision parts 18,920 746 8,809 389 7,620 17 -1,189 -372 17,500 800 Plastic products 52,672
Slide 21: Appendix Segment breakdown③
Appendix Segment breakdown③ Current period FY2018 adjusted FY2018 2Q adjusted FY2019 2Q Change FY2019 FC Real Estate Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Total 7,182 4,042 4,314 2,226 2,648 1,575 -1,665 -651 6,000 2,700 Other businesses, FY2018 adjusted FY2
Slide 22: Abbreviations for Nisshinbo group companies
Abbreviations for Nisshinbo group companies NISH: Nisshinbo Holdings Inc. Consolidated subsidiaries of NISH. JRC: Japan Radio Co., Ltd. NJR: New Japan Radio Co., Ltd. REDC: Ricoh Electronic Devices Co., Ltd. NISB: Nisshinbo Brake Inc. NISM: Nisshinbo Mechatronics Inc. NISC: Nisshinbo Chemical Inc. N