Furuno Electric Co., Ltd. · TSE:6814
Furuno Electric — Q1 2021 Earnings Presentation
15 slides from Furuno Electric's earnings presentation, Jul 14, 2021
Slide 1: Financial Results Briefing Materials
1st Quarter of Fiscal Year 2021 (Ending February 28, 2022) Financial Results Briefing Materials July 14, 2021 FURUNO ELECTRIC CO., LTD. Cautions: This document is a translation of the Japanese original, which is authoritative. The information listed in these materials regarding the Company’s future
Slide 2: Summary of 1st Quarter of FY 2021
Summary of 1st Quarter of FY 2021 Net Sales: Increase Demand in Marine Business recovered in all regions of the world. Demand for equipment for Pleasure Boats increased further from level before COVID-19. Sales for wireless LAN access points for education in the Wireless LAN Business continued
Slide 3: Consolidated Income Statement
Consolidated Income Statement Increase in Net Sales and Profit, recovering from COVID-19 impact. Continuous investments for future growth. FY 2019 FY 2020 FY 2021 Year-over-Year Year-over-Year (Unit: Millions of yen) 1st Quarter 1st Quarter 1st Quarter (amount) (ratio) Net sales 20,652 18,143 20,837
Slide 4: Analysis of Increase/Decrease in Net Sales
Analysis of Increase/Decrease in Net Sales (Unit: 100 Millions of Yen) 240 Other Other Business 220 PNT Regions Others +0.2 Asia +0.8 +0.0 +1.4 Europe +6.4 200 Japan Americas +6.1 +5.4 +1.3 Foreign Healthcare Exchange -1.7 Impact 180 +1.5 160 Wireless Industrial Business 208 181 Marine Business LAN
Slide 5: Analysis of Increase/Decrease in Gross Profit on Sales
Analysis of Increase/Decrease in Gross Profit on Sales Significant increase in Gross Profit on Sales for Marine Business, recovering from COVID-19 impact. (Unit: 100 Millions of Yen) 100 Net Sales Net Sales Others Inventory-Related Others Decrease Increase +1.0 +0.7 Net Sales Expenses Decrease Incre
Slide 6: Analysis of Increase/Decrease in Operating Income
Analysis of Increase/Decrease in Operating Income Significant increase in Operating income thanks to increase in Gross profit on Sales for Marine Business. (Unit: 100 Millions of Yen) 20 Marine Business Industrial Business Wireless LAN Systems +9.6 ▲1.7 +4.5 Gross Profit Gross Profit Increase in 16
Slide 7: Overview of Marine Business
Overview of Marine Business “100M” stands for 100 Million Marine Business Consolidated Sales (by Region) Marine Business: (Unit: 100 Millions of Yen) Net Sales 173 100M yen (+14.7% year-over-year) 200 ■Japan 日本 ■Americas 米州 ■Europeアジア 欧州 ■Asia ■Other その他 Segment Profit 10.1 100M yen (+9.6 100M yen)
Slide 8: Overview of Industrial Business
Overview of Industrial Business “100M” stands for 100 Million Industrial Business Consolidated Sales (by Product) Industrial Business: (Unit: 100 Millions of Yen) Net Sales 23 100M yen (-3.6% year-over-year) 40 ■PNT ■Healthcare ■Other Industrial ■Wireless LAN Systems Segment Profit -1.1 100M yen (-1
Slide 9: Consolidated Financial Results Forecast for FY 2021
Consolidated Financial Results Forecast for FY 2021 Sales decrease for Wireless LAN Systems, but recovery in Marine Business, sales increase for Industrial Business and effect of Major Measures, resulting in growth in sales forecast (Unit: Millions of yen) FY 2019 FY 2020 FY 2021 Results Results For
Slide 10: Appendix: Consolidated Balance Sheet
Appendix: Consolidated Balance Sheet Increase of “Cash or equivalents”. Increase of “Tangible fixed assets” with new R&D Work Space Construction. (Unit: Millions of yen) FY 2020 FY 2021 YoY (amount) YoY (ratio) Current assets 60,770 63,614 +2,844 +4.7% (Cash or equivalents) (15,301) (19,398) (+4,096
Slide 11: FURUNO's Business Outline
Appendix: FURUNO’s Business Outline FURUNO ELECTRIC CO., LTD. All Rights Reserved. 11
Slide 12: Corporate Outline
Appendix: Corporate Outline Since commercializing the world's first Fish Finder in 1948, FURUNO has supplied many types of products for the marine electronics market. By using its exclusive knowledge of ultrasonic and electronics technologies, FURUNO has developed a wide array of products that have
Slide 13: FURUNO's Business Fields
Appendix: FURUNO’s Business Fields Automatic GPS/GNSS Identification Disciplined GPS/GNSS System (AIS) Oscillator Displacement Continuous Remote Monitoring Satellite System Communications Meteorological Equipment Monitoring and Analyzing System Wireless LAN Radar Access Point Voyage Data GPS/GNSS Re
Slide 14: FURUNO's Marine Business
Appendix: FURUNO’s Marine Business For Merchant Vessels ECDIS (Electronic Chart Display Satellite Communications Radar and Information System) Equipment For Fishing Vessels Sonar Fish Finder Current Indicator Radiotelephone For Pleasure Boats GPS/WAAS Radar Multi-Function Display Chart Plotter Autop
Slide 15: FURUNO's Industrial Business
Appendix: FURUNO’s Industrial Business PNT ETC2.0 / ETC * ETC, Vehicle GPS / GNSS Management Solution* Chips & Modules Healthcare Clinical Chemistry Analyzer & Reagent Ultrasound Bone Densitometer Wireless LAN Systems Wireless LAN Access Point* Wireless Handheld Terminal* FURUNO ELECTRIC CO., LTD. A