Slide 1: Performance Briefings for FY2015 Fourth Quarter & Full Year
SUMIDA CORPORATION Performance Briefings <for FY2015 Fourth Quarter & Full Year> February 15, 2016
Slide 2: Today's Speakers and Program
Today’ Speakers Representative Executive Officer & CEO Shigeyuki Yawata Representative Executive Officer & President Tomoharu Suseki Representative Executive Officer & CFO Yoshiyuki Honda Copyright© 2015 SUMIDA CORPORATION. All rights reserved. Today’s Program １．2015 Consolidated Financial Results (
Slide 3: 2015 Consolidated Financial Results (Q4 & Full-Year)
2015 Consolidated Financial Results (Q4 & Full-Year) Yoshiyuki Honda CFO Copyright© 2016 SUMIDA CORPORATION. All rights reserved.
Slide 4: Consolidated P/L for FY2015 Q4
Consolidated P/L for FY2015 Q4 （Million yen） 14.Ｑ4 15.Q3 15.Q4 Change % Change % （A） （B） （C） （C）/(A) (C)/(B) S a l e s 19,624 22,152 20,537 4.7％ △7.3％ G r o s s I n c o m e 3,430 4,235 3,193 GI ratio 17.5％ 19.1％ 15.5％ Operating Income 576 1,484 524 △9.0％ △64.7％ OI ratio 2.9％ 6.7% 2.6％ Ordinary Incom
Slide 5: Consolidated P/L for 2015 Jan-Dec
Consolidated P/L for 2015 Jan-Dec （Million yen） 2014 Jan-Dec 2015 Jan-Dec Change % （A） （B） （B）/（A） S a l e s 77,562 86,236 11.2％ G r o s s I n c o m e 13,8 14,941 GI ratio 17.9% 17.3％ Operating Income 3,345 4,237 26.7％ OI ratio 4.3% 4.9％ Ordinary Income 2,799 3,309 18.2％ In c o m e b e f o r e Ta x
Slide 6: Sales by Market Segment and Region
Sales by Market Segment （Million yen） 60,000 40,000 20,000 0 （Automotive) Consumer Electronics Industry Copyright© 2016 SUMIDA CORPORATION. All rights reserved. Sales by Region （Million yen） 50,000 25,000 0 Europe China/Taiwan Asia excluding China North America Copyright© 2016 SUMIDA CORPORATION. Al
Slide 7: Consolidated B/S and Cash Flow
Consolidated B/S （Million yen） 2014 2015 2014 2015 Change Change Dec 31 Dec 31 Dec 31 Dec 31 Current Liabilities 30,042 25,614 △4,427 Current Assets 38,332 37,978 △353 Notes & A/P 7,931 7,042 △889 Cash & Deposits 3,753 3,569 △183 Loans 16,301 12,970 △3,331 Notes & A/R 17,013 16,998 △14 Others 5,808
Slide 8: ROE & Financial Ratio; FY2016 Consolidated P/L Forecast
ROE & Other Financial Ratio 2014 2015 2017（Plan） Net Income/Sales 1.7% 2.4% 2.6% Sales/Total Assets 1.2 1.3 1.2 Total Assets/Net Equity 4.2 3.9 3.7 （D/E ratio） （1.9） （1.8） （1.7） ＲＯＥ 9％ 12％ 12％ Copyright© 2016 SUMIDA CORPORATION. All rights reserved. FY2016 Consolidated P/L Forecast （Million yen） Mid
Slide 9: Operating Income Analysis and Effects of Foreign Exchange Rates
Operating Income Analysis （Million yen） （Million yen） Plus Factors 5,000 Revenue increase 410 FY2016 Production efficiency up 1,430 Forecast 4,000 Costs reduction 1,780 FY2015 4,800 Others 60 4,237 +563 TOTAL 3,680 3,000 Minus Factors Products mix △1,130 2,000 Wages increase △1,430 Social insurance
Slide 10: 2015 Review and Future Strategies
２０１５ Review and Future Strategies CEO Shigeyuki Yawata Copyright© 2016 SUMIDA CORPORATION. All rights reserved.
Slide 11: Master Plan
Master Plan Master Plan 2012-2017 & beyond ‘12-’14 Mid-term Plan ‘15-’17 Mid-term Plan ‘18～Mid-term Plan Stage I Stage II Stage III Sales : ¥60.0 billion Sales: ¥100 billion Sales: ¥100 billion ～ ‘12 – ‘14 Stage I: Building a base & Operational restructuring Sales : ¥77.5 billion *Figures in Stage Ⅰ
Slide 12: 2015 Expansion of Production Sites
2015 Expansion of Production Sites Germany Lehesten China Neumarkt/OPf Taiping . Panyu Obernzell Nanning Radeberg Shanghai Changde Ji’an – expanded in 2015 ＋１１０００ ㎡ SuQian Romania expanded in 2015 ＋３０００㎡（３０％） Japan Slovenia Aomori Mexico expanded in 2015 Nagano Expanded in 2015 ＋１３００ ㎡（６５％） Vietnam
Slide 13: 2016 Business Environments
2016 Business Environments Customers Car makers expected to grow３％ per annum -Benefited from falling gasoline price, also from last-minute demand for cars before consumption tax increase in Japan & before expiration of termination of automobile acquisition tax reduction in China Costs Decrease of la
Slide 14: 2016 Strategies to Achieve MTBP in 2017
2016 Strategies to Achieve MTBP in 2017 Sales Growth in 2017 Sales Operating Income To achieve ¥100 billion sales （100 million yen） From organic growth→¥93 billion 1000 1,000 880 New businesses including M&A 862 →¥7 billion Improvement of Profitability 50 500 42 48 Launching new products Costs reduc
Slide 15: 2016 Strategies
2016 Strategies Tomoharu Suseki Representative Executive Officer & President Copyright© 2016 SUMIDA CORPORATION. All rights reserved.
Slide 16: Sales by Market Segment; Automotive Prospects
Sales by Market Segment Stage I Stage II 2014 2015 2017 Plan Consumer 80% Electronics 79% 75% 77.6 86.2 100 billion yen billion yen billion yen Industry Automotive 2015 sales exceeded its plan and almost achieved the target for Stage Ⅱ to cover 80% of total sales with Automotive and Industry combine
Slide 17: Prospects for Automotive and Industry Business in 2016
Prospects for Automotive Business in 2016 ② Launching new products for new applications Products for EV/HEV New Products Metal Inductor adaptable up to 150℃ Reactor Control Trans Rapid Rotor Position for HEV Charger Sensor for EV Mechatronics Products New Charging System Injector Suspension To ensur
Slide 18: Prospects for Industry, Medical and Consumer Electronics Business
Prospects for Industry Business in 2016 ② Solid progress in making specifications of products for medical/healthcare markets Progress in 2015 Outlook in 2016 ▶Making sure to inherit customers from ▶Many ongoing development Nihon Kohden’s trans business projects in Japan and the U.S. Insulated tran
Slide 19: Measures for improving profitability; M&A
Measures for improving profitability Production transfer from high-cost areas to low-cost areas Newly-built in2015 in low-cost areas High-cost areas Ji’an factory in China Second factory in Vietnam （Guangzhou）Panyu （Dongguan）Taiping Continuation of capital investments in automated production fac
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