Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — 1H FY2022 Earnings Presentation

13 slides from Oki Electric Industry's earnings presentation, Nov 9, 2022

  1. Slide 1: Financial Results for 1H of the FY Ending March 31, 2023

    OR Financial Results for 1H of the FY Ending March 31, 2023 November 9, 2022 Oki Electric Industry Co., Ltd. © Copyright 2022 Oki Electric Industry Co. Ltd.

  2. Slide 2: 1H net sales, operating loss and net loss summary

     In 1H, net sales were JPY162.8 billion, operating loss was JPY4 billion, and net loss was JPY5.7 billion.  Net sales increased slightly from the previous year, although production was affected by difficulty in procuring components. Similarly, operating income was affected by factors such as highe

  3. Slide 3: Net sales and operating income by segment

     Net sales and operating income by segment.  First, in terms of sales, the Solution Systems business steadily captured projects from the previous year, and sales increased by JPY5.6 billion YoY to JPY74.5 billion.  Components & Platforms business sales decreased by JPY2.7 billion from the previou

  4. Slide 4: Operating income change factors

     First, the impact of supply chain issues on profits was a negative JPY7.2 billion in 1H. The breakdown is shown in the boxes. Breaking it down by segment, the impact was JPY1.4 billion in Solution Systems and JPY5.8 billion in Components & Platforms.  The JPY2.6 billion changes in volume and prod

  5. Slide 5: Provision for ATM receivables in China

    Although the Company's policy to complete the enforcement procedures as soon as possible and strongly promote appeals to the parent company remains unchanged, we determined that it is conservative and appropriate to push back the provision by about one year. 4

  6. Slide 6: Business overview of Solution Systems Business

     Business overview of Solution Systems Business.  In the Public Solutions and Enterprise Solutions areas, the Company steadily captured projects for airline bureaus and telecommunications carriers from the previous year. The Aircraft instrumentation business acquired from Yokogawa Group also contr

  7. Slide 7: Business overview of Components & Platforms Business

     Business overview of Components & Platforms Business.  Sales in the Mono-zukuri Platforms business increased significantly YoY for this business as a whole. This was due to the continued strong performance of the business for FA/semiconductor manufacturing equipment. However, because there are so

  8. Slide 8: Balance sheet: inventories, loans and total assets

     In the current fiscal year, we are implementing various measures, such as early securing of necessary components and the stockpiling of semi-finished products through the implementation of production standardization. This is in line with our policy of concentrating on responding to the risk of sup

  9. Slide 9: Cash flow and cash equivalents

     Free cash flow was negative JPY22.7 billion. This is due to an increase in working capital, as explained in the balance sheet section.  Cash equivalents totaled JPY31.7 billion. We are ensuring that the Company has the necessary cash on hand. 8

  10. Slide 10: (Reference) Quarterly Results

    LOK = (Reference)Quarterly Results (Billion yen) Net Sales FY2022/3 FY2023/3 10 2Q 3Q 4Q FY 1Q 2Q Solution Systems 33.9 35.0 38.7 55.0} 162.6 36.1 38.4 Components & 45.9| 448| 47.8| 505| 1800| 41.9] 46.1 Platforms Others 0.4 0.4 0.1 0.1 0.4 0.1 0.1 Total 79.9| 79.9| 86.6] 105.7) 352.1 78.1 84.6 Oper

  11. Slide 11: (Reference) Major Products and Services

    (Reference) Major Products and Services OR Solution Systems ® Public Solutions * Roads (ETC, VICS), air traffic control, disaster preparedness, fire prevention * Business systems for central government Offices, government statistics systems + Defense systems (underwater acoustics, information) + Air

  12. Slide 12: Notice

    OR Notice ¢ The projections and plans in this material are based on information currently available to OKI as of the date of publication and certain assumptions judged as rational, therefore actual results are subject to change depending upon the changes of business environments and other conditions

  13. Slide 13: | 7) eee

    | 7) 6 eee © Copyright 2022 Oki Electric Industry Co. Ltd. 12

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