Slide 1: Results Briefing for the Nine Months Ended December 31, 2022
Securities ID code:6859 Results Briefing for the Nine Months Ended December 31, 2022 ESPEC CORP. February 17, 2023
Slide 2: Financial Result for the Nine Months Ended December 31, 2022
Financial Result for the Nine Months Ended December 31, 2022 Electronics and automobile-related investment was strong, leading orders received and net sales to reach record highs. Operating profit increased significantly year on year, but decreased below forecasts revised in October due to unachieve
Slide 3: Summary of Profits and Losses
Summary of Profits and Losses (Millions of yen) FY 2021 3Q Results FY 2022 3Q Results Year on Year Orders Received 38,752 47,153 +21.7% Net Sales 28,131 35,972 +27.9% Cost of Net Sales 18,337 23,627 +28.8% Cost Ratio 65.2% 65.7% 0.5pt deterioration Gross Profit 9,794 12,345 +26.1% SG&A 8,621 9,929 +
Slide 4: Performance by Segment
Performance by Segment (Millions of yen) Segment FY 2021 3Q Results FY 2022 3Q Results Year on Year Orders Received 33,007 41,031 +24.3% Equipment Business Net Sales 23,237 30,866 +32.8% Operating Profit 951 2,329 +144.9% Orders Received 4,993 5,216 +4.5% Service Business Net Sales 4,472 4,672 +4.5%
Slide 5: Analysis of Operating Profit Increase and Decrease Factors (YoY)
Analysis of Operating Profit Increase and Decrease Factors (YoY) Equipment Business (Millions of yen) Service Business Other Business 13 -43 74 -71 -29 417 261 Salaries and allowances 94 42 40 Commission expenses 2,604 20 Travel expenses product warranties Provision for freight costs Packing and dev
Slide 6: Equipment Business
Equipment Business (Millions of yen) FY 2021 3Q Results FY 2022 3Q Results Year on Year Orders Received 33,007 41,031 +24.3% Net Sales 23,237 30,866 +32.8% Operating Profit 951 2,329 +144.9% Profit Ratio(%) 4.1% 7.5% Environmental Test Chambers ■ In Japan, orders received and net sales increased yea
Slide 7: Service Business
Service Business (Millions of yen) FY 2021 3Q Results FY 2022 3Q Results Year on Year Orders Received 4,993 5,216 +4.5% Net Sales 4,472 4,672 +4.5% Operating Profit 311 185 -40.6% Profit Ratio(%) 7.0% 4.0% After-Sales Service and Engineering ■ Orders received and net sales both increased year on yea
Slide 8: Other Business
Other Business (Millions of yen) FY 2021 3Q Results FY 2022 3Q Results Year on Year Orders Received 956 1,148 +20.1% Net Sales 612 656 +7.3% Operating Profit -89 -96 - Profit Ratio(%) -14.7% -14.7% Environmental Preservation, Plant Production Systems ■ Orders received and net sales both increased ye
Slide 9: Sales by Market
Sales by Market Non-Consolidated (Equipment Business) Electronic device and equipment market Automobile market Semiconductor market Reserch institute Other markets 100% 80% 42 39 41 39 37 60% 16 18 21 17 26 40% 14 16 8 16 8 6 7 6 5 6 20% 23 21 23 25 19 0% 2018年度 FY 2018 2019年度 FY 2019 2020年度 FY 2020
Slide 10: Sales by Region
Sales by Region FY 2021 3Q FY 2022 3Q Overseas sales ratio: 54.8% Overseas sales ratio: 58.0% 2.0% 1.7% ■Taiwan 24.5% 26.8% ■China ■South Korea 45.2% 42.0% FY 2021 ■Europe FY 2022 3Q & North America 3Q 3.7% ■South East Asia 3.7% ■Other 16.7% ■Japan 0.6% 6.6% 18.7% 1.0% 6.9% Total: 28,131 million yen
Slide 11: Financial Forecasts for Fiscal 2022
Financial Forecasts for Fiscal 2022 (Millions of yen) FY 2021 FY 2022 Full Year 3Q Forecasts (revised in October 2022) Results Results 4Q Full Year Year on Year Orders Received 51,303 47,153 11,847 59,000 +15.0% Net Sales 41,852 35,972 16,028 52,000 +24.2% Gross Profit 14,003 12,345 5,455 17,800 +27
Slide 12: Financial Forecasts by Segment
Financial Forecasts by Segment (Millions of yen) FY 2021 FY 2022 Full Year 3Q Forecasts (revised in October 2022) Results Results 4Q Full Year Year on Year Orders Received 43,535 41,031 9,969 51,000 +17.1% Equipment Business Net Sales 34,518 30,866 13,534 44,400 +28.6% Operating Profit 1,370 2,329 1
Slide 13: FY 2022 Dividend Forecast
FY 2022 Dividend Forecast Basic policy on profit distribution Our basic policy is to determine dividends taking into account sustainability and the dividend payout ratio, and we revised our basic dividend policy as below at the Board of Directors meeting in May 2022. ・In addition to a dividend payou
Slide 14: Main Initiatives for ESG
Main Initiatives for ESG ■E (Environment) ・Establish targets to reduce greenhouse gas emissions by FY2030 ・Formulate the 8th Medium-term Plan on the Environment (FY2022-2025) Intensify global warming countermeasures and biodiversity conservation activities <Greenhouse gas emission reduction targets
Slide 15: TOPICS
TOPICS 1 [For the first time in Japan] Expanded Lineup of RF Anechoic Box Type Defect Analysis Service for Battery Packs and Thermostatic Chambers Support Temperature Modules Installed in Automobiles Characteristics Testing of 5G Communication Devices ・In November 2022, ESPEC launched a service for
Slide 16: TOPICS
TOPICS 2 Signed an agreement for promoting SDGs Biodiversity conservation activities with the University of Hyogo “ESPEC’s 50-Year Forest” tree-planting festival ・In August 2022, ESPEC signed an agreement with the ・Launched forest creation for “ESPEC’s 50-Year Forest” using the “corporate forests” s
Slide 17: External Recognition
External Recognition February, 2023 ・Ranked 372th in Toyo Keizai Inc.’s 2023 CSR Corporate Ranking December, 2022 ・A score of B for the third consecutive year in the CDP Climate Change 2022 Questionnaire ・Selected as a "GRADE AAA" company website (overall ranking) for the third consecutive year in t
Slide 18: Forward-looking statements and inquiries
These materials contain forward-looking statements, including the Company’s present plans and forecasts of performance, that reflect the Company’s plans and forecasts based on the information presently available. These forward-looking statements are not guarantees of future performance, and plans, f
Slide 19: Quality is more than a word
Quality is more than a word ESOEC ESPEC CORP.