Tokyo Electron Device Limited · TSE:2760

Tokyo Electron Device — FY2018 Earnings Presentation

33 slides from Tokyo Electron Device's earnings presentation, Apr 25, 2018

  1. Slide 1: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    2018 4 25 Copyright © Tokyo Electron Device LTD. All Rights Reserved.

  2. Slide 2: Copyright © Tokyo Device Device

    Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 1

  3. Slide 3: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    2018 3 ⻑ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 2

  4. Slide 4: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ( ) 131,855 159,841 27,985 159,000 116,709 142,160 25,451 15,146 17,680 2,534 13,481 14,924 1,443 1,665 2,755 1,090 106 131 25 393 249 143 1,377 2,637 1,259 2,500 972 1,598 626 1,500 942 1,066 124 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 3

  5. Slide 5: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ⾼ ( ) 115,018 591 142,076 27,057 1,619 1,028 16,836 786 17,764 928 1,018 231 131,855 1,377 159,841 27,985 2,637 1,259 ⾞ ⼤ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 4

  6. Slide 6: EC 28% 16% 26% 23% 16% 12% 18% % % ⻑

    EC 27 28% 16% 8 33 15 26% 23% 16% 12% 3 2 18% % % ⻑ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 5

  7. Slide 7: EC

    EC ⾞ ⺠⽣ 32% 30% 17% 15% 6% 38% 25% 17% 14% 6% FA MFP Copyright © Tokyo Electron Device LTD. All Rights Reserved. 6

  8. Slide 8: EC

    EC 38,434 42,665 4,231 11.0% ⾼⽐ 33.4% 30.0% 354 384 30 8.5% 108.34 110.85 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 7

  9. Slide 9: EC

    EC ( ) 6,814 4,220 4,314 3,722 58% 2,765 18/3 ⻑ ⻑ ⻑ 0 14/3 15/3 16/3 17/3 18/3 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 8

  10. Slide 10: CN

    CN 56% 37% 7% 57% 36% 7% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 9

  11. Slide 11: CN

    CN 31% 36% 33% 32% 35% 33% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 10

  12. Slide 12: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    86,478 ( ) 86,478 ( ) 73,708 3,606 ⾦ 73,708 10,497 2,433 11,089 43,830 34,257 ⼦ 38,760 24,243 15,447 17,322 26,203 22,554 22,928 24,401 5,020 7,813 0 4,940 5,025 0 2017.3.31 2018.3.31 2017.3.31 2018.3.31 ⾦ ⼦ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 11

  13. Slide 13: Cash flow

    ( ) 2017.3.31 2018.3.31 ⾦ ⾼ C/F C/F C/F ⾦ ⾼ 5 3,406 2,433 7,993 9,869 896 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 12

  14. Slide 14: EC and CN quarterly trends

    ( ) EC CN 46,930 40,923 4,665 41,962 38,205 38,122 4,597 3,937 36,792 33,195 31,781 4,767 5,361 31,365 6,386 28,849 42,265 36,985 37,365 33,438 32,760 30,405 0 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 16/ 3 17/ 3 18/ 3 ⻑ ⾼ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 13

  15. Slide 15: Copyright © Tokyo Device Device

    ⻑ Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 14

  16. Slide 16: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ⾏ ⾒ ⾦ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 15

  17. Slide 17: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    2018 3 ⾃ ⻑ ⻑ ⼦ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 16

  18. Slide 18: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    2018 3 2018 3 2018 7 2 ⼤ 158,900 100.0 2,066 2,752 110 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 17

  19. Slide 19: VISION2020

    VISION2020 TED REAL IoT ⽴ 2,000〜2,200 10% EC / CN ⽬ 2021 3 ⻑ 1,598 6.8% 2016 3 2017 3 2018 3 2019 3 2020 3 2021 3 ⻑ ⽴ ⼤ / Copyright © Tokyo Electron Device LTD. All Rights Reserved. 18

  20. Slide 20: VISION2020

    VISION2020 ⾃ ⻑ ⽴ ⾃ ⻑ 3  ⼈ ⻑  ⼈  ⻑ ⼦ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 19

  21. Slide 21: VISION2020

    VISION2020 ⾨ ⼤ NEW EC TED REAL IoT IoT 3D TOF DMS NEW ⻑ ⽤ CN Copyright © Tokyo Electron Device LTD. All Rights Reserved. 20

  22. Slide 22: 2019 ⾏ EC ⾏    ⾞ DMS ⻑ 10% 5% 0% 5%

    2019 3 ⾏ EC ⾏    ⾞ DMS ⻑ 10% 5% 0% 5% 10% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 21

  23. Slide 23: 2019 ⾏ EC 2019  ⼒ ⾞ ⻑ 33%  47%  ⻑ 20%

    2019 3 ⾏ EC 2019 3  ⼒ ⾞ ⻑ 33%  47%  ⻑ 20% ⼒ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 22

  24. Slide 24: IDC Japan 2017 ⻑

    2019 3 ⾏ CN ⾏ 2016 〜2021 ⻑ 5.6  ⼒ IDC Japan 2017 6 5 10 ⻑    IoT ⻑ 10% 5% 0% 5% 10% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 23

  25. Slide 25: Netskope

    2019 3 ⾏ CN Netskope MCS IoT Copyright © Tokyo Electron Device LTD. All Rights Reserved. 24

  26. Slide 26: FY2019 forecast

    2019 3 ⾒ ( ) ⽐ 159,841 68,500 71,500 140,000 19,841 12.4% 142,076 59,200 60,200 119,400 22,676 16.0% 17,764 9,300 11,300 20,600 2,835 16.0% 2,637 1,000 1,700 2,700 62 2.4% (1.7%) (1.9%) 1,598 1,800 650 1150 201 12.6% (1.0%) (1.3%) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 25

  27. Slide 27: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    1 ⾦ 30 ( ) 36 36 ( ) 36 ( ) 72 66 60   40% 41.7 40.5 (%) 0 0.0% 15/3 16/3 17/3 18/3 19/3 ( ) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 26

  28. Slide 28: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ⾒ ⾒ ⼤ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 27

  29. Slide 29: Copyright © Tokyo Device Device

    ⾜ Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 28

  30. Slide 30: 16.3% ⾞ IC TI / NXP(

    EC 27% 28% 16% 8% 3%3% 15% 26% 23% 16% 12% 3% 18% 2% 16.3% ⾞ IC TI / NXP( TI / / 4.0% / / NXP( )/ / TI / 25.7% POS ⾞ MFP ( ) 82.3% ( ) 5.4% / / 7.0% ( ) 45.4% ⻑ / / / Copyright © Tokyo Electron Device LTD. All Rights Reserved. 29

  31. Slide 31: FA FA

    EC ⾞ ⺠⽣ 32% 30% 17% 15% 6% 38% 25% 17% 14% 6% FA FA 44.1% OA POS 2.7% PC POS MFP ⾞ 23.8% IC IC 19.6% TV DVD AV ⺠⽣ 25.9% IC Copyright © Tokyo Electron Device LTD. All Rights Reserved. 30

  32. Slide 32: 0.1% DELL EMC

    CN 56% 37% 7% 57% 36% 7% 8.0% F5 0.1% DELL EMC 16.2% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 31

  33. Slide 33: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ⽤ ⼤ ⾼ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 32

Tokyo Electron Device — FY2018 Earnings Presentation on 6ix