Slide 1: Consolidated Second Quarter F.Y. 2014 Presentation
OPTEX.CO., LTD. Consolidated for Second Quarter F.Y. 2014 Presentation (Jan.1 to Jun.30, 2014)
Slide 2: Explanation contents
Explanation contents 1. 2014 Second Quarter Consolidated Financial Report 2. Progress of Business Strategy (1) Security sensors (2) Automatic door sensors (3) Factory Automation Business 3. Medium-Term Action Plan And Earnings Forecast 2
Slide 3: 1. 2014 Second Quarter Consolidated Financial Report
1. 2014 Second Quarter Consolidated Financial Report 3
Slide 4: Summary of first half - Net Sales
Summary of first half - Net Sales （Unit: Million yen） 11,128 12,517 ■Net Sales ： 12,517 million yen, year-to-year comparison ＋13% 、＋1,389 million yen ・Japan ＋8%, Overseas ＋15%（North America ＋5%, Europe＋19%, Asia ＋24%, Others - 11%） ・Impact of exchange rate on net sales +743 million yen 4 Note: Detai
Slide 5: Summary of first half - Consolidated Profit
- Consolidated Profit Summary of first half - Selling, general and administrative expenses （Unit: Million yen） Year-to-year comparison (1Q, 2Q cumulative) ・Gross margin ＋15% ・Operating Income ＋39% ・Ordinary Income ＋13% ・Net Income ＋14% Note:1Q earnings were higher because of a surge in demand at our
Slide 6: Factors of change in Operating Income
Factors of change in Operating Income （Unit: Million yen） Gross operating income Selling and administrative Expenses Impact of Exchange Rate +480 COS% Down Factor4 Impact of +69 Exchange Rate Factor5 -213 Sales Increase +339 Factor6 Factor3 Factor2 Personnel cost Increase -183 Expense Increase Facto
Slide 7: Summary of first half: Free Cash Flows
Summary of first half : Free Cash Flows (Unit : Million yen) ■ Cash Flows of Operating Activities ■ Cash Flows from Investing Activities ■ Cash Flows from Financing Activities 922 269 209 303 -358 7
Slide 8: Results by Segment and Region
Results by Segment and Region Segment and Region 2013 2Q 2014 2Q Change Percent change （Unit: Million yen） cumulative cumulative Security Sensors 5,694 6,416 722 13％ Japan 1,229 1,237 8 1％ North America 852 874 22 3% Europe 2,511 2,995 484 19% Asia 623 894 271 43% Others 479 416 - 63 - 13% Automatic
Slide 9: Business by Segment - Security Sensors
Business by Segment - Sensing Products Business Security Sensors （Unit: Million yen） 5,694 6,416 ■Net Sales：6,416 million yen, year-to-year comparison ＋13% ＋722 million yen （Japan＋1%, North America＋3%, Europe＋19%, Asia＋43%, Others - 13%） Japan: Nuclear power plant-related orders have passed their pe
Slide 10: Business by Segment - Automatic Door Sensors
Business by Segment - Sensing Products Business Automatic Door Sensors （Unit: Million yen） 1,815 2,082 ■Net Sales：2,082 million yen, year-to-year comparison ＋15% ＋267 million yen （Japan＋9%, North America＋11%, Europe＋44%) Japan: Sales dipped slightly in reaction to the surge in demand that accompanie
Slide 11: Business by Segment - Factory Automation Business
Business by Segment - Factory Automation Business （Unit: Million yen） 2,167 2,541 ■Net Sales：2,541 million yen, year-to-year comparison ＋17% ＋374 million yen （Japan＋18%, Europe＋10%, Asia＋61%) Japan: Sales remained stable, boosted by invigorated capital investment in the logistics, electronic compone
Slide 12: Exchange sensitivity
Exchange sensitivity 1．Assumed exchange rate (Unit: yen) 2013 first half 2014 first half 6/13 Rate of change Result Result Revision rate USD 96 102 7% 101 GBP 147 171 16% 167 EURO 126 140 12% 137 2．Impact on our full-year performance by a-yen appreciation (Unit: million yen) 2013 2014 Net Sales Oper
Slide 13: Projection of second half
Projection of second half (Unit : Million yen) Net sales projected to increase by 13% (¥1.666 billion), operating income (Unit : Million yen) by 10% (¥140 million) and net income by 22% (¥184 million) over the first half. 13
Slide 14: 2. Progress of Business Strategy
2. Progress of Business Strategy 14
Slide 15: (1) Security Sensors
Sensing Innovat (1) Security Sensors jon 15
Slide 16: Our new organization from 2014
Our new organization from 2014 We will construct a matrix of businesses and regions, promote globalization and localization Global Sales Headquarters Corporate Business Management Corporate Business Headquarters Strategy Headquarters Entrance Security Automation Equipment & New Businesses Equipment
Slide 17: Orientation of the Business
Orientation of the Business Region Focus Basic policy ・Retained leading share in outdoor security sensors based on growing EMEA ◎ recognition of proactive outdoor prevention (Southern Europe) ・Aggressive promotion of sales in Middle East, African nations The ・Support for Visual Verification Americas
Slide 18: Market Share of Main Competitors
Market Share of Main Competitors 2011～ Share Notes: Share size includes products Competitors （*） Change in such as door contacts share 18.5% +0.5pt 10.0% -6.0pt 11.5% +3.0pt 6.0% -0.5pt (3.0%) Includes other companies --- Market Share of Competitors： 7.0% +1.0pt Intrusion Alarm Sensors ($ 1,080 M) 注
Slide 19: (2) Automatic Door Sensors
（２）Automatic Door Sensors 19
Slide 20: Our new organization from 2014
Our new organization from 2014 We will construct a matrix of businesses and regions, promote globalization and localization Global Sales Headquarters Corporate Business Management Corporate Business Headquarters Strategy Headquarters Entrance Security Automation Equipment & New Businesses Equipment
Slide 21: Orientation of the Business
Orientation of the Business Region Focus Basic policy ・Lineup of products that comply with European safety standards and door standards (main sensors completed) EMEA ◎ ・Main products plus expanded line of peripheral equipment ・Forging mutual trust based on common road map with automatic door manufac
Slide 22: (3) Factory Automation Business
（３）Factory Automation Business 22
Slide 23: OPTEX FA
OPTEX FA “Achieve company growth through the pursuit of customer satisfaction” Solution proposals for industries such as automobiles, semiconductors, electric and electronic products, foods, medical products and cosmetics and logistics-related 1. Develop new customers domestically and overseas (newl
Slide 24: 3. Medium-Term Action Plan And Earnings Forecast
3. Medium-Term Action Plan And Earnings Forecast 24
Slide 25: For Growth of Our Core Businesses
For Growth of Our Core Businesses ・Economic conditions in each sales area Changes in external ・Changes in markets and needs ・Trend in competition environment ・Technology advances ・Business strategies by region Growth scenario ・Sales strategy ・Product road map Core busine sses ・Improve design product
Slide 26: For Business Growth Performance
For Business Growth Performance Creation of a Strong Organization Structure Innovate a global organization structure to facilitate Group-wide expansion of product lineups handled, maximizing OPTEX Group synergy! 26
Slide 27: Earnings Forecast
Earnings Forecast （Unit：million Yen） Operating Ordinary Sales Net Income ROE Income Income 2013 23,582 2,108 2,628 1,620 8.2％ 2014 26,700 2,900 3,000 1,850 8.6％ 2015 Record-high consolidated ordinary income (over 4.1 billion yen) Consolidated net sales over 30 billion yen 27
Slide 28: OPTEX CO., LTD.
OPTEX CO., LTD. *The data utilized in this presentation was based upon our assumption and estimated information. The actual business results might be different from the numbers we have shown you here because of various factors.