Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — Q3 FY2021/3 Earnings Presentation
12 slides from Oki Electric Industry's earnings presentation, Feb 4, 2021
Slide 1: Financial Results for the First Nine Months of the FY Ending March 31, 2021
Financial Results for the First Nine Months of the FY Ending March 31, 2021 February 4, 2021 Oki Electric Industry Co., Ltd. © Copyright 2021 Oki Electric Industry Co., Ltd. 1
Slide 2: Executive Summary
Executive Summary Cumulative Q3 FY2021/3 Results Net sales decreased due to one-off factors (sales standards and large-scale projects) in the previous fiscal year. Results were generally as initially planned. COVID-19 Impact on Results Overseas: Greater and longer impact than initially exp
Slide 3: Summary of Financial Results
Summary of Financial Results Net sales and profit decreased year-on-year on rebound of specific factors of the previous fiscal year and prolonged impact of COVID-19. 9 months 9 months FY2021/3 FY2020/3 Variance (Billion yen) (Results) (Results) Net sales 266.9 327.9 (61.0) Operating income (loss) (2
Slide 4: Segment Information (Net Sales)
Segment Information (Net Sales) Solution Systems Although a reactionary decline from large-scale projects and a change in sales standards affected 9-month results, quarterly results continued to increase from the last quarter. Components & Platforms Decreased year-on-year significantly due to contin
Slide 5: Segment Information (Operating Income/Loss)
Segment Information (Operating Income/Loss) Solution Systems While reactionary decline in sales had impact on 9-month results, quarterly operating income continued to improve. Components & Platforms Quarterly loss decreased due to cost reductions, forex and a temporary increase (as a result of the r
Slide 6: Reasons for Changes in Operating Income/Loss
Reasons for Changes in Operating Income/Loss The impact of volume fluctuations was significant. Some recovery was achieved through a review of overall costs, etc. (Billion yen) 9 months FY2021/3 9.1 Results 9 months (2.6) FY2020/3 (20.0) Results ＋6.0 Changes in price +0.5 Changes in Impact of fixed
Slide 7: Balance Sheets
Balance Sheets There is no major change in the composition of each asset and liability. Total assets decreased. Shareholders’ equity ratio decreased by 0.5 points. Dec. 2020 Mar. 2020 Variance (Billion yen) Current assets 204.4 236.7 (32.3) Fixed assets 137.5 135.7 1.8 Assets 341.9 372.5 (30.6) Curr
Slide 8: Cash Flows
Cash Flows Cash flows are almost unchanged from the previous year except for asset sales in the previous year. Cash reserves are at a level with some leeway. 9 months 9 months FY2021/3 FY2020/3 Variance (Billion yen) (Results) (Results) Ⅰ Cash flows from operating activities 11.0 11.6 (0.6) Ⅱ Cash f
Slide 9: Progress of Medium-Term Business Plan
Progress of Medium-Term Business Plan <Progress of Measures> (as of Feb. 4, 2021) Overseas sales strategy shift and reorganization of sales models, bases and personnel Completed the selection of printer models, mainly for specific applications Suspend printer hard sales in North America by the
Slide 10: Reference: Quarterly Results
Reference: Quarterly Results FY2020/3 FY2021/3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 (Billion yen) Net Sales 52.8 50.8 53.7 71.7 40.0 43.5 45.1 Solution Systems Operating Income 2.4 3.2 5.1 9.5 1.7 2.2 2.5 Net Sales 51.6 56.8 52.6 55.3 40.0 47.8 47.4 Components & Platforms Operating Income 0.3 2.8 0.9 1.3 (1.7) (1.9
Slide 11: Notice
Notice • The projections and plans in this material are based on information currently available to OKI as of the date of publication and certain assumptions judged as rational, therefore actual results are subject to change depending upon the changes of business environments and other conditions. •
Slide 12: © Copyright 2021 Oki Electric Industry Co., Ltd.
© Copyright 2021 Oki Electric Industry Co., Ltd. 12
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