Tokyo Electron Device Limited · TSE:2760

Tokyo Electron Device — H1 FY2020 Earnings Presentation

41 slides from Tokyo Electron Device's earnings presentation, Oct 31, 2019

  1. Slide 1: Presentation materials 2019/10/31

    2019 10 31 Copyright © Tokyo Electron Device LTD. All Rights Reserved.

  2. Slide 2: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

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

  3. Slide 3: Copyright © Tokyo Device Device

    Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 2

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

    ( ) 68,765 65,213 3,551 68,000 59,381 55,824 3,556 9,383 9,389 5 7,682 8,021 339 1,701 1,367 334 69 90 20 380 117 263 1,390 1,340 50 1,000 894 864 29 630 1,202 1,229 27 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 3

  5. Slide 5: EC EC PB

    2019 3 EC EC CN 2020 3 PB 18 63 10 687 652 PB EC PB PB Copyright © Tokyo Electron Device LTD. All Rights Reserved. 4

  6. Slide 6: PB EC

    • • ( ) 59,653 882 54,282 5,371 444 438 9,111 508 10,930 1,819 895 387 68,765 1,390 65,213 3,551 1,340 50 PB EC Copyright © Tokyo Electron Device LTD. All Rights Reserved. 5

  7. Slide 7: EC business

    EC • PC • 24% 18% 18% 11% 3 3 23% % % 27 19% 12% 10 43 25 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 6

  8. Slide 8: EC business

    EC • 43% 19% 27% 6% 5% 43% 24% 23% 6 4 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 7

  9. Slide 9: EC business

    EC • 18,560 14,406 4,154 22.4% 31.1% 26.5% 168 132 35 21.2% 110.26 108.60 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 8

  10. Slide 10: PB EC

    PB EC • • • ( ) 4,321 5,346 1,025 23.7% 7.2% 9.9% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 9

  11. Slide 11: CN business

    CN • • 50% 43% 7% 51% 39% 10% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 10

  12. Slide 12: CN business

    CN • 25% 42% 33% 28% 41% 31% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 11

  13. Slide 13: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    • • 78,352 76,957 ( ) 78,352 76,957 ( ) 3,794 5,298 8,516 9,215 36,096 32,443 25,438 21,393 17,987 19,602 25,007 25,288 6,022 26,410 26,746 5,522 7,932 7,904 0 0 2019.3.31 2019.9.30 2019.3.31 2019.9.30 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 12

  14. Slide 14: Cash flow

    ( ) 2019.3.31 2019.9.30 C/F C/F C/F 354 3,097 2,433 4,455 6,251 70 15 5,032 3,534 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 13

  15. Slide 15: Quarterly trends EC CN

    • ( ) • 46,930 EC CN 4,665 41,962 40,923 39,754 3,937 4,597 36,792 34,070 7,424 33,290 31,478 32,636 6,386 31,275 4,716 6,841 4,932 4,591 6,186 42,265 36,985 37,365 30,405 32,330 29,354 27,704 26,683 25,291 26,448 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 18/ 3 19/ 3 20/ 3 18/3 2Q TED 19/3 2Q Copyright © Toky

  16. Slide 16: Copyright © Tokyo Device Device

    Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 15

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

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

  18. Slide 18: FY2020 forecast

    2020 3     IT   Copyright © Tokyo Electron Device LTD. All Rights Reserved. 17

  19. Slide 19: FY2020 forecast

    2020 3 • • ( ) 68,000 82,000 150,000 65,213 72,786 138,000 12,000 8.0% 1,000 2,500 3,500 1,340 2,159 3,500 0 0% 630 1,570 2,200 864 1,335 2,200 0 0% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 18

  20. Slide 20: FY2020 forecast by segment

    2020 3 EC EC CN 2020 3 PB 122 4 2 1,500 1,380 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 19

  21. Slide 21: FY2020 forecast

    2020 3 ( ) 141,000 65,213 72,786 138,000 3,000 2.1% 119,660 54,282 59,217 113,500 6,160 5.1% 21,340 10,930 13,569 24,500 3,159 14.8% 3,077 3,500 1,340 2,159 422 13.7% (2.2%) (2.5%) 2,341 2,200 864 1,335 141 6.0% (1.7%) (1.6%) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 20

  22. Slide 22: FY2020 EC forecast

    2020 3 EC    142,076 119,660 113,500 73,608 60,006 59,217 68,468 10% 5% 0% 5% 10% 59,653 54,282 0 18/3 19/3 20/3 ( ) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 21

  23. Slide 23: FY2020 forecast PB EC

    2020 3 PB EC  TED  TED TED 11,800 10,211 6,453 6,814  5,890 4,002 TED 4,321 5,346 2,812 0 18/3 19/3 20/3 ( ) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 22

  24. Slide 24: FY2020 CN forecast

    2020 3 CN    24,500 21,340 17,764 13,569 12,229 9,801 10% 5% 0% 5% 10% 9,111 10,930 7,963 0 18/3 19/3 20/3 ( ) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 23

  25. Slide 25: Security

    2020 3 CN Security Copyright © Tokyo Electron Device LTD. All Rights Reserved. 24

  26. Slide 26: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    1 40 40 53 50 ( ) 93 90 60 60 66  40% 40  64.8 62.0 41.7 40.3 41.6 (%) 0 0.0% 16/3 17/3 18/3 19/3 20/3 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 25

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

    Copyright © Tokyo Electron Device LTD. All Rights Reserved. 26

  28. Slide 28: VISION2020

    VISION2020 2021 3 2,000 3.5% ROE 15.0% 9.5% 15.0% ROE 8.4% 6.8% 4.2% 4.3% 3.2% 2,000 1,598 1,318 1,410 1,380 1,116 1,178 3.5% 2.2% 2.5% 1.7% 1.2% 1.4% 1.0% 0 0.0% 15/ 3 16/ 3 17/ 3 18/ 3 19/ 3 20/ 3 ( ) 21/ 3 ( ) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 27

  29. Slide 29: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

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

  30. Slide 30: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ※ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 29

  31. Slide 31: TAiVIS: TED Ai Visual Inspection System

    AI    TAiVIS ︓TED Ai Visual Inspection System 2019 6 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 30

  32. Slide 32: 3D

    3D  2019 10  Copyright © Tokyo Electron Device LTD. All Rights Reserved. 31

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

       2019 6 2,000 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 32

  34. Slide 34: IoT Microsoft Azure

    IoT Microsoft Azure Microsoft Azure 402 Microsoft Azure 140 ※ Microsoft Azure IoT Copyright © Tokyo Electron Device LTD. All Rights Reserved. 33

  35. Slide 35: DRIVING DIGITAL TRANSFORMATION

    DRIVING DIGITAL TRANSFORMATION Copyright © Tokyo Electron Device LTD. All Rights Reserved. 34

  36. Slide 36: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    Copyright © Tokyo Electron Device LTD. All Rights Reserved. 35

  37. Slide 37: Copyright © Tokyo Device Device

    Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 36

  38. Slide 38: EC business breakdown

    EC 24% 18% 18% 11% 3% 23% 3% 27% 19% 12% 10% 4% 25% 3% 1.0% TI / NXP 2.5% POS NXP/ / TI / ( ) TI / / / / 38.2% PC 16.4% 2.3% / / 9.7% ( ) 0.5% / / / Copyright © Tokyo Electron Device LTD. All Rights Reserved. 37

  39. Slide 39: EC business breakdown

    EC 43% 19% 27% 6% 5% 43% 24% 23% 6% 4% FA IC 8.8% IC 15.0% IC PC IC OA 23.1% POS PC POS TV DVD AV 16.8% 17.1% IC Copyright © Tokyo Electron Device LTD. All Rights Reserved. 38

  40. Slide 40: CN business breakdown

    CN 50% 43% 7% 51% 39% 10% 22.4% F5 DELL EMC 8.4% 77.3% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 39

  41. Slide 41: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    Copyright © Tokyo Electron Device LTD. All Rights Reserved. 40

Tokyo Electron Device — H1 FY2020 Earnings Presentation on 6ix