Slide 1: 3Q FY21/12 Results Briefing
Tokyo Stock Exchange First Section 6143 3Q FY21/12 Results Briefing Sodick Co., Ltd. November 12, 2021
Slide 2: Agenda
I. 3Q FY21/12 Financial Results Summary II. FY21/12 Financial Results Projections III. Priority Measures (References) 2
Slide 3: Financial Results Highlights
Financial Results Highlights Sales of electrical discharge machines (EDMs) in Greater China led to an increase in overall net sales. The recovery trend continued in regions in addition to Greater China. In terms of profits, profitability at plants improved as production volume increased. Non-ope
Slide 4: Financial Results Highlights (Quarterly)
Financial Results Highlights (Quarterly) Net sales in the third quarter decreased from the second quarter of the current fiscal year owing to a slowdown of sales of machine tools and industrial machinery in Greater China and Asia despite an increase in sales of machine tools in Japan and Europe.
Slide 5: Ratio of Operating Income to Net Sales (Quarterly)
Ratio of Operating Income to Net Sales (Quarterly) Machine tools Industrial machinery Net sales Food machinery Others • Sluggish sales of EDMs due to trade Sales decreased due to the Operating income margin friction between the U.S. and China. spread of COVID-19. Recovery is seen in Greater Sales of
Slide 6: Details of Changes in Operating Income
Details of Changes in Operating Income Gross profit increased significantly, as unit sales increased. Personnel expenses increased and transportation costs and sales commissions associated with an increase in the number of units sold increased, while increases in travel and transportation expens
Slide 7: Financial Results by Segment
Financial Results by Segment FY20/12 FY21/12 YoY change FY21/12 Full-year (million yen) projection (Revised on Aug. 6) 3Q Actual 3Q Actual (Amount) (Rate) Machine tool 26,317 37,248 10,930 41.5% 48,600 segment Industrial machinery 8,045 6,928 -1,116 -3.9% 10,500 segment Food machinery 2,223 5,063 2,
Slide 8: Financial Results by Segment: Machine Tool Segment
Financial Results by Segment (million yen) ■ Machine Tool Segment Net sales (Quarterly) Net sales 16,000 • In Greater China, sales of automotive, electronic 13,362 13,762 13,102 components, 5G, and semiconductors remained 11,054 11,298 11,706 12,000 10,382 strong. Sales in the areas other than Great
Slide 9: Financial Results by Segment: Industrial Machinery Segment
Financial Results by Segment (million yen) ■ Industrial Machinery Segment Net sales (Quarterly) Net sales 4,000 • Sales of medical products in North America 3,029 2,885 remained strong, and in the third quarter, demand 3,000 2,531 2,556 2,759 2,729 2,734 2,320 2,300 for products for automotive and e
Slide 10: Financial Results by Segment: Food Machinery Segment
Financial Results by Segment (million yen) ■ Food Machinery Segment Net sales (Quarterly) Net sales 3,000 2,813 • There are continuing projects related to demand for 2,541 sanitary equipment and equipment for responding 1,940 to workforce reduction and for nest-dweller 2,000 1,776 consumption result
Slide 11: Financial Results by Segment: Other Segments
Financial Results by Segment (million yen) ■ Other Segments Net sales (Quarterly) Net sales • Demand for ceramics continues owing to increased 2,000 1,781 demand for information and communications 1,748 equipment, etc. 1,369 1,346 1,453 1,460 1,526 1,500 1,353 1,351 1,330 • The precision die and mol
Slide 12: Net Sales by Segment
Net Sales by Segment Sales of maintenance services and consumables increased in all segments owing to an improvement in machine operating rates. Net sales of maintenance services and consumables that generate stable cash flows account for approximately 20%. Machine tool segment Industrial machin
Slide 13: Overseas Sales Ratio by Segment
Overseas Sales Ratio by Segment The ratio of overseas sales exceeded 70% owing to increased sales of EDMs in Greater China as well as increased sales of food processing machinery in Greater China and Asia. (million yen) Japan North and South America Europe Greater China Asia 25,000 20,000 Others F
Slide 14: Balance Sheet
Balance Sheet As a result of the conversion of convertible bonds into new shares Results of conversion of "The first series of unsecured convertible that became due in April 2021, we achieved a positive net cash bond-type bonds with subscription rights to shares"(*) into new shares (redemption dat
Slide 15: Topics (New Product)
Topics (New Product) 1 Sodick has developed the LPM325S, a new type of metal 3D printer capable of high-speed and stable molding for long periods of time. Suitable for multiple metal powders Equipped with an original unit that can automate powder supply and collection, this machine improves work eff
Slide 16: Topics (Exhibition)
Topics (Exhibition) 2 Participated in MECHATRONICS TECHNOLOGY JAPAN 2021 (MECT 2021) At Mechatronics Technology Japan held in Nagoya in October 2021, we exhibited a new machine, the ALN600G i Groove Edition, the world's first wire-cut EDM equipped with a wire rotation mechanism, and demonstrated the
Slide 17: Topics (Exhibition)
Topics (Exhibition) 3 Participated in Nagoya Plastic Industrial Fair At the Nagoya Plastics Industrial Fair held in Nagoya in September 2021, we exhibited our newly developed Vertical Rotary Type / Injection Molding Machine TR40VRE2 and two models of the MS series of electric molding machines. In th
Slide 18: Agenda
I. 3Q FY21/12 Financial Results Summary II. FY21/12 Financial Results Projections III. Priority Measures (References) 18
Slide 19: Market Environment
Market Environment Japan Although demand is expected for the replacement of aging equipment as well as next-generation auto-related and 5G-related industries, being supported by the government’s subsidy policies, demand has not fully recovered from the slump due to the impact of the COVID-19 pandemi
Slide 20: Machine tool orders by region
0 200 400 600 800 1,000 1,200 0 50 100 150 200 Jan.–Mar. 1-3月 Jan.–Mar. 1-3月 Apr.–Jun. 4-6月 Apr.–Jun. 4-6月 2015 2015 Jul.–Sep. 7-9月 Jul.–Sep. 7-9月 2016年 2016年 Oct.–Dec. 10-12月 Oct.–Dec. 10-12月 Jan.–Mar. 1-3月 Jan.–Mar. 1-3月 Apr.–Jun. 4-6月 Apr.–Jun. 4-6月 2016 2016 Jul.–Sep. 7-9月 Jul.–Sep. 7-9月 2017年 2
Slide 21: FY21/12 Full-year Financial Results Projections (progress)
FY21/12 Full-year Financial Results Projections (progress) Compared to the full-year financial forecast for the fiscal year ending December 2021 announced on August 6, the cumulative financial results for the third quarter have been progressing steadily. At present, however, the Company has kept i
Slide 22: FY21/12 Full-year Financial Results Projections (by Segment)
FY21/12 Full-year Financial Results Projections (by Segment) Machine tool segment Food machinery segment There is potential demand for high-precision machines owing Cumulative results for the third quarter were almost as to the sophistication of manufacturing, but there are concerns planned for
Slide 23: Shareholder Return Policy and Dividend Projection
Shareholder Return Policy and Divided Projection Dividend policy: Dividend on equity (DOE) of 2% or more The annual dividend for the fiscal year ending December 2021 is expected to be 26 yen (13 yen both for intermediate and year-end dividends) (yen) Dividends per share DOE Term end Intermediate F
Slide 24: Agenda (References)
I. 2Q FY21/12 Financial Results Summary II. FY21/12 Financial Results Projections III. Priority Measures (References) 24
Slide 25: References: Business Segment Composition and Major Products
References: Business Segment Composition and Major Products Segment Machine tools Industrial machinery Food machinery [Die-sinker EDM] [Horizontal injection molding [Noodle-making equipment [Wire-cut EDM] machine] (Noodle production line)] [Sterile-packed cooked rice production system] [Small Hole E
Slide 26: References: Domestic and Overseas Sites
References: Domestic and Overseas Sites Head Office and Research and Technology Center Sodick F・T Miyazaki Plant Head Office Production site R&D Site Sales and Service Site Fukui Plant Sodick America Corporation (San Jose) Shanghai Sodick Software Sodick Suzhou Sodick Special Equipment Co., Ltd. Amo
Slide 27: References: Participation in Major Exhibits
References: Participation in Major Exhibits Period Location Exhibition Summary and Remarks 2022 Apr. 25 - 28 China Shanghai Chinaplas MEX Kanazawa May 19 - 21 Japan Kanazawa (The 58th Machinery & Electronics Exhibition in Kanazawa) Jun. 7 - 10 Japan Tokyo FOOMA JAPAN Food machinery exhibition Sep. 1
Slide 28: References: Web Exhibition and Official YouTube Channel
References: Web Exhibition and Official YouTube Channel Our website URL: https://www.sodick.co.jp/ Introducing our latest machines and technologies with a video at Sodick Web Exhibition A wide range of contents including our group's YouTube channel is also open! overseas sites is also availabl
Slide 29: Disclaimer
Disclaimer This presentation material has been prepared exclusively for the purpose of providing information; the material was not created to advertise, solicit, market, etc., specific products or shares of the Company. The information included in this material is not required by the Financial Instr