Slide 1: FY2024 Q2 Financial Results Briefing
FY2024 Q2 Financial Results Briefing November 14, 2024 （Securities Identification Code: 6787）
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements concerning Meiko Group’s future plans, strategies and performance. However, Meiko does not publish this presentation as a disclosure document based on the Financial Instruments and Exchange Act of Japan. These forward-looking statement
Slide 3: Agenda
１ FY2024 Q2 (result) ２ FY2024 Full year (forecast) Initiatives to enhance 3 corporate value 4 New business initiatives
Slide 4: FY2024 Q2 Financial Result - Consolidated
FY2024 Q2 Financial Result - Consolidated （ billion yen） FY2023 Q2 FY2024 Q2 Year-on-year result result Difference Diff. % Net sales 862 86.2 982 98.2 120 12.0 13.8% Operating 42 4.2 93 9.3 5.151 121.3% income 4.9% 9.5% Ordinary 68 6.8 80 8.0 1.212 18.4% income 7.8% 8.2% Net 52 5.2 63 6.3 1.111 21.3
Slide 5: FY2024 Q2 - Net Sales by Product Application
FY2024 Q2 - Net Sales by Product Application （ billion yen） 2024年3月期上期 FY2023 Q2 FY2024 Q2 電子機器事業 Electronic Equipment Electronic 電子機器事業 Equipment 14.8 Amusement (17.2%) Amusement Smart Appliances Smart Appliances Industrial Equipment Industrial Equipment 車載 Other Substrates Other Substrates Automot
Slide 6: FY2024 Q2 - Net Sales by Product Specification
FY2024 Q2 - Net Sales by Product Specification （billion yen） FY2023 Q2 2025年3月期上期 FY2024 Q2 2024年3月期上期 14.8(17.2%) 16.4(16.7%) Electronic Equipment Electronic Equipment Package 0.2(0.2%) Package 0.7(0.7%) Flexible Flexible / High Dissipation / High Dissipation / Other Substrates 3.0(3.5%) / Other Su
Slide 7: FY2024 Full year (forecast)
１ FY2024 Q2 (result) ２ FY2024 Full year (forecast) Initiatives to enhance 3 corporate value 4 New business initiatives
Slide 8: FY2024 2nd Half/Full Year Forecast
FY2024 2nd Half/Full Year-Forecast （billion yen） FY2023 FY2024 Revision Year-on-year Full Year 2nd Half Full Year Difference (%) Result Forecast Forecast Net Sales 1,795 179.5 988 197.0 98.8 1,970 17.5 175 9.8% Operating 117 11.7 97 9.7 190 19.0 73 7.3 62.9% Income 6.5% 9.8% 9.6% Ordinary 143 14.3 9
Slide 9: FY2024 Forecast - Net Sales by Product Application
FY2024 Forecast - Net Sales by Product Application （billion yen） FY2023 Result FY2024 Forecast Amusement Smart Appliances Amusement Industrial Equipment 電子機器事業 Smart Appliances Electronic Equipment Other Substrates Electronic Equipment Industrial Equipment 電子機器事業 30.3 Other Substrates 34.5 (16.9%) (
Slide 10: FY2024 Forecast - Net Sales by Product Specification
FY2024 Forecast - Net Sales by Product Specification （billion yen） FY2023 Result FY2024 Forecast 34.5 30.3 (17.5%) (16.9%) FY2023 Result Electronic Equipment Electronic Equipment Package Package Flexible 0.7(0.4%) Flexible 1(0.5%) / High Dissipation / High Dissipation / Other Substrates / Other Subs
Slide 11: Initiatives to enhance corporate value
１ FY2024 Q2 (result) ２ FY2024 Full year (forecast) Initiatives to enhance 3 corporate value 4 New business initiatives
Slide 12: Initiatives to Enhance Corporate Value
Initiatives to Enhance Corporate Value （billion yen） 1. We will continue to increase sales and profits through investments in facilities and R&D. 2. We will work towards strengthening our balanced financial positions. 3. We aim for a consolidated dividend payout ratio of 15%. 4. We will work to expa
Slide 13: New business initiatives
１ FY2024 Q2 (result) ２ FY2024 Full year (forecast) Initiatives to enhance 3 corporate value 4 New business initiatives
Slide 14: New Business Initiatives - Package Substrates
New Business Initiatives - Package Substrates （billion yen） Ishinomaki Factory #2 Memory PKG FC-BGA Operating income Manufacturing Sites 3 Ishinomaki, Miyagi Pref. 0.6 7 0.5 0.7 0.1 3.4 0.9 1.5 Vietnam Plant #3 none 0 0.1 -1.5 -1.7 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 (result) (result) (result)
Slide 15: New Business Initiatives - Flexible PCB
New Business Initiatives - Flexible PCB （billion yen） Kanagawa Factory Flexible PCB Rigid-Flex PCB Operating income 8 Manufacturing Sites 5.9 4.5 4.2 4 2.2 Ayase, Kanagawa Pref. 3 1 2 0.8 0.5 0.5 3.2 3.5 3.7 3.8 Vietnam Plant #1 2.5 1.5 0.9 -0.1 -0.1 -0.1 0 0.3 FY2021 FY2022 FY2023 FY2024 FY2025 FY2
Slide 16: New Business Initiatives – Electronic Equipment Business
New Business Initiatives – Electronic Equipment Business （billion yen） Industrial/Imaging Equipment Started business in 1978 Strengthen Mechatronics business Established Meiko Automation in Sep. 2019 Expand business through M&A Acquired Towada Vietnam in Oct. 2019 Strengthen development functions th
Slide 17: New Business Initiatives – Electronic Equipment Business
New Business Initiatives – Electronic Equipment Business Meiko HQ Meiko Electronic Manufacturing Employee 51 SMT lines 6 lines Development 23 Assembly area 2,000㎡ engineers Ayase, Kanagawa Pref. Mounting count 100 million/month ■Product development Nanyo, Yamagata Pref. - Mechatronics - FA equipment
Slide 18: Appendix
Appendix Segments have been revised to align our sales strategies going forward. New segment Application Previous segment Automotive Automotive (no change) Automotive Smartphones Smartphones Smartphone/Tablet Satellite communications Satellite communication Telecommunications AI appliances/Amusement