Yamaichi Electronics Co., Ltd. · TSE:6941

Yamaichi Electronics — Q3 FY2023 Earnings Presentation

15 slides from Yamaichi Electronics's earnings presentation, Feb 6, 2024

  1. Slide 1: Financial Results for Q3 FY2023

    Financial Results for Q3 FY2023 February 6, 2024 1/15

  2. Slide 2: Contents

    Contents 1. Q3 FY2023 Results 2. FY2023 Forecast Abbreviations Used in This Presentation Business Segment Abbreviation Test Solution Business TS Business Connector Solution Business CS Business Optical-Related Business OPT Business 2/15

  3. Slide 3: Results

    1. Q3 FY2023 Results Results Amount of Q3 FY2022 Q3 FY2023 Rate of YoY (JPYbn) YoY results results change change Net sales 37.0 27.0 (10.0) -27.1% Operating income 7.8 1.9 (5.9) -75.5% Ordinary income 8.2 1.9 (6.3) -76.9% Net profit 5.8 1.3 (4.4) -76.4% EPS（JPY） 281.37 67.60 (213.77) ---- BPS（JPY） 1

  4. Slide 4: Results by Business

    1. Q3 FY2023 Results Results by Business Amount of Q3 FY2022 Q3 FY2023 Rate of YoY (JPYbn) YoY results results change change TS Sales 19.8 11.5 (8.2) -41.6% Business Operating income 6.3 1.1 (5.2) -82.1% CS Sales 15.8 14.4 (1.4) -9.0% Business Operating income 1.3 0.6 (0.6) -49.3% OPT Sales 1.3 0.9

  5. Slide 5: TS Business Results

    1. Q3 FY2023 Results TS Business Results Amount of YoY TS Rate of YoY change Business change (JPYbn) Sales (8.2) -41.6% Operating income (5.2) -82.1%  Test sockets continued to be impacted by a decline in demand stemming from a sluggish market environment for smartphone and PC products.  Sockets f

  6. Slide 6: CS Business Results

    1. Q3 FY2023 Results CS Business Results Amount of YoY CS Rate of YoY change Business change (JPYbn) Sales (1.4) -9.0% Operating income (0.6) -49.3%  Products for the telecom/datacom market remained strong in Europe due to increased demand for high-speed, large-capacity transmission amid the contin

  7. Slide 7: Forex Impact on Results

    1. Q3 FY2023 Results Forex Impact on Results Forex rate Q3 FY2022 Q3 FY2023 YoY change USD (JPY) 136.52 143.29 ＋6.77 EUR (JPY) 140.58 155.29 ＋14.71 YoY forex impact Net sales JPY 1.5 billion Operating income JPY 0.4 billion Forex Impact on Impact on sensitivity operating net sales (JPY1/year) income

  8. Slide 8: Balance sheet

    1. Q3 FY2023 Results Balance sheet 8/15

  9. Slide 9: Capex and Depreciation

    1. Q3 FY2023 Results Capex and Depreciation 9/15

  10. Slide 10: Sustainability Highlights

    1. Q3 FY2023 Results Sustainability Highlights  Published “Sustainability Report 2023”  The Yamaichi Electronics Group operates in accordance with its management philosophy, which consists of “People: Our Most Important Assets,” “Create Value,” “Commitment to Quality,” “Technology Innovation Makes

  11. Slide 11: Sustainability Highlights

    1. Q3 FY2023 Results Sustainability Highlights  Notice Concerning Support for TCFD Recommendations We would like to inform you that, during a meeting held on February 6, 2024, our Board of Directors resolved to support recommendations issued by the Task Force on Climate-related Financial Disclosure

  12. Slide 12: Forecast for Full-Year FY2023

    2. FY2023 Forecast Forecast for Full-Year FY2023 (JPYbn) As of February 6, 2024, we had made no changes to our consolidated earnings forecast for the fiscal year ending March 31, 2024 (FY2023), which was announced on November 7, 2023. FY2023 forecast FY2022 Latest Amount of (JPYbn) full-year Initial

  13. Slide 13: Individual Segment Forecasts for Full-Year FY2023

    2. FY2023 Forecast Individual Segment Forecasts for Full-Year FY2023 FY2023 forecast FY2022 Latest (JPYbn) Full-year Initial Amount of Rate of forecast Actual YoY YoY forecast (as of Nov. change change 7, 2023) TS Sales 24.2 20.5 17.1 (7.1) -29.3% Business Operating income 7.0 5.0 1.7 (5.3) -76.0% C

  14. Slide 14: Individual Segment Forecasts for FY2023

    2. FY2023 Forecast Individual Segment Forecasts for FY2023 (JPYbn) We anticipate ongoing impact from growth in both raw material and energy prices and outlays associated with new factory startups. Accordingly, we will push forward with efforts aimed at minimizing this impact. TS Business:  With reg

  15. Slide 15: Thank you for your attention.

    Thank you for your attention. (FY2023 results are scheduled for release at 3:00 p.m. [JST] on Tuesday, May 14, 2024.) Disclaimer These materials are intended to provide information current as of February 6, 2024 regarding the Group’s business, management strategies, and performance and are not inten

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