Nisshinbo Holdings Inc. · TSE:3105
Nisshinbo — FY2020 2Q Earnings Presentation
24 slides from Nisshinbo's earnings presentation, Aug 6, 2020
Slide 1: Financial Results for FY2020 2Q
Financial Results for FY2020 2Q (Jan. 2020 – Jun. 2020) Nisshinbo Holdings Inc. Aug. 6, 2020
Slide 2: Table of Contents
Table of Contents 1. FY2020 2Q Results Overview P.3 2. Forecast for FY2020 P.11 3. Topics of FY2020 2Q P.17 4. Appendix P.21 The earnings forecasts contained in these materials are based on information currently available to the Company and are not promises of achievement. 2
Slide 3: 1. FY2020 2Q Results Overview
1. FY2020 2Q Results Overview 3
Slide 4: 1-1. Financial Highlights (y/y)
1-1. Financial Highlights (y/y) （mil. yen） FY2019 FY2020 Change 2Q 2Q rate Net sales 256,807 231,590 -25,217 ▲9.8% Operating income 929 3,064 +2,134 +229.6% Ordinary income 3,718 3,285 -432 ▲11.6% Net income Attributable to 2,743 5,504 +2,760 +100.6% Owners of Parent The COVID-19 pandemic affected o
Slide 5: 1-2. FY2020 2Q Net sales
1-2. FY2020 2Q Net sales （mil. yen） FY2019 FY2020 Change 2Q 2Q rate Wireless comms 81,740 78,236 -3,503 ▲4.3% Microdevices 30,829 29,176 -1,652 ▲5.4% Brakes 66,165 50,640 -15,525 ▲23.5% Precision instruments 32,484 24,102 -8,382 ▲25.8% Chemicals 4,379 4,343 -36 ▲0.8% Textiles 25,781 17,176 -8,604 ▲3
Slide 6: 1-2. FY2020 2Q Net sales (graph)
1-2. FY2020 2Q Net sales (graph) Millions of yen 6
Slide 7: 1-3. FY2020 2Q Operating Income
1-3. FY2020 2Q Operating Income （mil. yen） FY2019 FY2020 Change 2Q 2Q rate Wireless comms 3,665 3,507 -157 ▲4.3% Microdevices -432 -2,001 -1,569 - Brakes -2,213 -3,728 -1,514 - Precision instruments 192 -1,145 -1,337 - Chemicals 666 703 +37 5.6% Textiles 520 -471 -992 - Real estate 1,575 9,630 +8,05
Slide 8: 1-3. FY2020 2Q Operating Income (graph)
1-3. FY2020 2Q Operating Income (graph) Millions of yen 8
Slide 9: 1-4. Ordinary income to Net income
1-4. Ordinary income to Net income （mil. yen） FY2019 FY2020 Change 2Q 2Q rate Operating income 929 3,064 +2,135 +229.8% Non-operating income 4,064 2,423 -1,641 ▲40.4% Non-operating expenses 1,275 2,202 +927 +72.7% Ordinary income 3,718 3,285 -433 ▲11.6% Extraordinary income 637 5,754 +5,117 +803.3%
Slide 10: 1-4. Ordinary income to net income (graph)
1-4. Ordinary income to net income(graph) Millions of yen 10
Slide 11: 2. Forecast for FY2020
NSSHNBO 2. Forecast for FY2020 11
Slide 12: 2-1. Highlights of forecast for FY2020
2-1. Highlights of forecast for FY2020 （mil. yen） FY2020 FY2020 Change FC (Feb. 13) FC (Jul. 30) rate Net sales 540,000 462,000 -78,000 ▲14.4% Operating income 14,000 -4,000 -18,000 - Ordinary income 18,000 -3,000 -21,000 - Net income Attributable to 13,000 1,000 -12,000 ▲92.3% Owners of Parent Reas
Slide 13: 2-2. Sales forecast for FY2020
2-2. Sales forecast for FY2020 （mil. yen） FY2020 FY2020 Change FC (Feb. 13) FC (Jul. 30) rate Wireless comms 160,000 149,600 -10,400 ▲6.5% Microdevices 70,000 62,800 -7,200 ▲10.3% Brakes 136,000 104,400 -31,600 ▲23.2% Precision instruments 65,000 50,800 -14,200 ▲21.8% Chemicals 13,000 11,300 -1,700
Slide 14: 2-2. Sales forecast for FY2020 (graph)
2-2. Sales forecast for FY2020(graph) Millions of yen 百万円 14
Slide 15: 2-3. Operating Income forecast for FY2020
2-3. Operating Income forecast for FY2020 （mil. yen） FY2020 FY2020 Change FC (Feb. 13) FC (Jul. 30) rate Wireless comms 2,900 2,000 -900 ▲31.0% Microdevices 1,400 -2,100 -3,500 - Brakes 1,700 -7,700 -9,400 - Precision instruments 1,200 -2,800 -4,000 - Chemicals 2,600 2,100 -500 ▲19.2% Textiles 2,100
Slide 16: 2-3. Operating Income forecast for FY2020 (graph)
2-3. Operating Income forecast for FY2020 (graph) Millions of yen 16
Slide 17: 3. Topics of FY2020 2Q
NSSHNBO 3. Topics of FY2020 2Q 17
Slide 18: Established Digital Business Department
Topics of FY2020 2Q 1. Established Digital Business Department（April 1） ●Expand business domains to the service business that provides value using manufacturing technologies and products ●Establish a digital service business that solves social issues by integrating the digital technologies of group
Slide 19: Acquisition of German companies in the mobility domain
Topics of FY2020 2Q 2. Acquisition of German companies for expansion and growth in the mobility domain (April 30） ●JRC Mobility acquired two German companies that support the development of automotive devices by major automakers. ●JRC Mobility, which manufactures ETC devices for imported vehicles, i
Slide 20: Our Group's Efforts on the COVID-19
Topics of FY2020 2Q 3. Our Group's Efforts on the COVID-19 ①Contribution through our business activities 100% cotton Ear hook for mask Anti-virus shirts （Mobilon band） wrinkle-free mask ②Participate Open COVID-19 Declaration 20
Slide 21: 4-1. Performance by Segment ①
4-1. Performance by Segment ① FY2019 Current period FY2020 Wireless and FY2019 FY2019 2Q FY2020 2Q Change FY2020 FC (Feb. 13) FY2020 FC (Jul. 30) Change communications Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Marine systems 34,91
Slide 22: 4-2. Performance by Segment ②
4-2. Performance by Segment ② FY2019 Current period FY2020 FY2019 FY2019 2Q FY2020 2Q Change FY2020 FC (Feb. 13) FY2020 FC (Jul. 30) Change Precision Instruments Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Precision parts 15,775 382
Slide 23: 4-3. Performance by Segment ③
4-3. Performance by Segment ③ FY2019 Current period FY2020 FY2019 FY2019 2Q FY2020 2Q Change FY2020 FC (Feb. 13) FY2020 FC (Jul. 30) Change Real Estate Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Total 11,655 8,163 2,648 1,575 16,95
Slide 24: Abbreviations for Nisshinbo group companies
Abbreviations for Nisshinbo group companies NISH: Nisshinbo Holdings Inc. Consolidated subsidiaries of NISH. JRC: Japan Radio Co., Ltd. NJR: New Japan Radio Co., Ltd. REDC: Ricoh Electronic Devices Co., Ltd. NISB: Nisshinbo Brake Inc. NISM: Nisshinbo Mechatronics Inc. NISC: Nisshinbo Chemical Inc. N