Optex Group Company Limited · TSE:6914
Optex — Q1 2021 Earnings Presentation
36 slides from Optex's earnings presentation, May 10, 2021
Slide 1: Summary of Consolidated Financial Results for the First Quarter of F.Y. 2021
Summary of Consolidated Financial Results for the First Quarter of F.Y. 2021 (Jan.1 to Mar.31, 2021) OPTEX GROUP CO., LTD. May 10, 2021 （Tokyo Stock Exchange Market 1st Section:#6914） <Disclaimer> The forward-looking statements, including OPTEX CO., LTD.’s operating results, strategies, and business
Slide 2: Holding Company Structure
Holding Company Structure Holding Company OPTEX GROUP CO., LTD （Tokyo Stock Exchange Market 1st Section：#6914） OPTEX CO., LTD. OPTEX FA CO., LTD. CCS Inc. Sanritz Automation OPTEX MFG Co., Ltd. Three Ace Co., Ltd. O'PAL OPTEX CO.,LTD. Co., Ltd. Sales & Development Development, Manufacture of the Dev
Slide 3: Revision to Main Business Segments
Revision to Main Business Segments F.Y. 2020 F.Y. 2021 Security Sensor Security Sensor segment segment SS Business Automatic Door Sensor segment SS Business Automatic Door Sensor segment （SS：Sensing Solution） （SS：Sensing Solution） Other Other (Water Quality Measurement Solutions, (Water Quality Meas
Slide 4: Key Points of Financial Results from 1Q of F.Y. 2021
Key Points of Financial Results from 1Q of F.Y. 2021 ・Net sales were +25% year on year, reflecting growth in existing businesses and effects from the consolidation of a new operating company (Sanritz Automation Co., Ltd.). ・Operating income was +139% year on year because a rise in gross profit signi
Slide 5: Summary of Consolidated Financial Results for the First Quarter of F.Y. 2021
Summary of Consolidated Financial Results for the First Quarter of F.Y. 2021 Operating Results F.Y.2020 1Q F.Y.2021 1Q Percent Change (Unit: million yen) (1-3) Results (1-3) Results Change Net sales 8,801 10,974 +2,173 24.7% Operating income 555 1,326 +771 139.0% （Operating income Ratio） （6.3%） （12.
Slide 6: Quarterly performance - Consolidated Net Sales (Year-on-year)
Quarterly performance - Consolidated Net Sales (Year- on-year) 10,974 271 9,668 EMS/Other Business 977 8,801 311 8,542 IA Business(IPC) 219 7,835 2,722 237 2,382 2,483 195 2,007 IA Business(MVL) 2,307 2,013 2,106 IA Business(FA) 1,562 1,911 1,821 SS Business 4,537 4,962 4,898 4,387 3,512 F.Y. 2020 1
Slide 7: Comparison of Financial Results for the First Quarter between Segments
Comparison of Financial Results for the First Quarter of F.Y. 2021 between Segments Operating F.Y. 2020 1Q（1-3）Results F.Y. 2021 1Q（1-3）Results Results Operating income Operating (Unit: Percent income Percent Net sales （Operating Net sales million yen) income Ratio） Change （Operating Change income R
Slide 8: Factors of change in Net Sales (Year-on-year)
Factors of change in Net Sales （Year- on-year） Impact of IA Other EMS Exchange Business Business Business Rate +1,754 -6 10,974 +56 +92 SS Business IPC （+977) +277 8,801 F.Y. 2020 Consolidated Net Sales F.Y. 2021 1Q（1-3）Results +¥2,173 million 1Q（1-3）Results Copyright (C) 2021 OPTEX GROUP CO., LTD.
Slide 9: Factors of change in Operating Income (Year-on-year)
Factors of change in Operating Income （Year- on-year） Sales Change Increase in Costs +1,493 -547 Impact of Increase Exchange in Rate Expenses Impact of +95 -252 Exchange Rate -18 1,326 555 Selling, general and Gross operating income administrative Expenses F.Y. 2020 Consolidated Operating F.Y. 2021
Slide 10: Business by Segment - SS Business (Security Sensors)
Business by Segment - SS Business(Security Sensors) Region F.Y. 2021 1Q（1-3）Results Sales increased, reflecting steady sales of outdoor intrusion detectors for security companies Japan and large-scale critical facilities. Sales rose, reflecting solid sales of outdoor intrusion detectors for large-sc
Slide 11: Business by Segment - SS Business (Automatic Door Sensors)
Business by Segment - SS Business(Automatic Door Sensors) Region F.Y. 2021 1Q（1-3）Results Sales increased, driven by steady sales to automatic door dealers on the back of firm demand Japan from stores handling daily necessities. Sales declined given slow sales to major North American automatic door
Slide 12: Business by Segment - IA Business (FA)
Business by Segment - IA Business(FA) Region F.Y. 2021 1Q（1-3）Results Sales increased slightly, reflecting solid sales related to capital investment in electric devices, Japan electronics and semiconductors, despite sluggish sales to the food industry. EMEA Sales rose significantly on solid demand f
Slide 13: Business by Segment - IA Business (MVL)
Business by Segment - IA Business(MVL) Region F.Y. 2021 1Q（1-3）Results Sales increased slightly, reflecting steady sales related to capital investment in electric devices, Japan electronics and semiconductors, despite sluggish sales to the automobile industry. Sales increased due to ongoing projects
Slide 14: Revisions to the F.Y. 2020 Dividend Projection
Revisions to the F.Y. 2020 Dividend Projection Year-end dividend（¥） Interim dividend（¥） Dividend payout ratio（%） 32.5 Acquisition of treasury shares 30 30 30 27.5 2018 2019 1.5 1.0 15 Amount billion yen billion yen 15 15 15 No. of 700,000 670,000 15 shares shares shares 54.1 77.7 49.3 28.2 28.6 17.5
Slide 15: We aim to become a corporate group full of Venture Spirit!
Group Corporate Philosophy We aim to become a corporate group full of Venture Spirit ! Mid-term Plans In fiscal year 2022, we aim to achieve an operating income margin of 10% or more as a consolidated Group, Continue to reduce fixed costs and improve earnings per employee, Strengthen consolidated sa
Slide 16: Medium-term Management Plan (Announced Feb. 2021)
Medium-term Management Plan(Announced Feb. 2021) 50,000 45,000 Net Sales EMS/Other Business 40,000 37,517 1,000 IA Business(IPC) 1,125 34,846 3,000 960 IA Business(MVL) 9,912 10,000 9,181 IA Business(FA) 6,500 7,140 7,500 （13.0％） SS Business 7,307 4,500 Operating Income （10.0％） （Operating income Rat
Slide 17: Measures for accomplishing the medium-term management plan
Measures for accomplishing the medium-term management plan_ From sales of products to sales of solutions and services Security Sensor segment Automatic Door Sensor segment Promotion of the Visual Verification Solution Expansion of the data service business by leveraging to increase market share in E
Slide 18: SS Business (Security Sensors) - Expand market share in Europe and the U.S.
SS Business(Security Sensors)_ Expand market share in Europe and the U.S. Sales of Sales of solutions and services products Visual verification solution Unnecessary police dispatches Intruder due to false alarms can be reduced Action taken immediately In case of an intrusion POLICE Cloud Outdoor sec
Slide 19: SS Business (Automatic Door Sensors) - Expansion of the data service business I
SS Business(Automatic Door Sensors) _Expansion of the data service businessⅠ Sales of Sales of solutions and services products Automatic door data platform Identifying conditions at the site in real time -Predictive maintenance of equipment -Efficient maintenance support e.g. Identifying connection
Slide 20: SS Business (Automatic Door Sensors) - Expansion of the data service business II
SS Business(Automatic Door Sensors) _Expansion of the data service businessⅡ Sales of Sales of solutions and services products Sharing service OMNICITY Improve the efficiency of store 1,000,000 entrances at commercial facilities and operations and sales promotion stores in Japan Information is trans
Slide 21: IA Business (FA) - Acceleration of collaboration with SICK AG
IA Business(FA) _Acceleration of collaboration with SICK AG Sales of Sales of solutions and services products Strengthening the product lineup of IO-Link Enables remote monitoring and predictive maintenance Releasing Industry 4.0-ready IO-Link sensors IO-Link A communication technology for interacti
Slide 22: IA Business (MVL) - Expansion into the external inspection business
Expansion into the external inspection business IA Business(MVL) _ by utilizing AI and robots Sales of Sales of solutions and services products Offering a total solution by leveraging through the combined use of AI and robots. Providing customers with viewing capabilities MV lighting and power sourc
Slide 23: https://www.optexgroup.co.jp /en /
https://www.optexgroup.co.jp /en /
Slide 24: Company Overview
Company Overview Copyright (C) 2021 OPTEX GROUP CO., LTD. 24
Slide 25: Company Overview
Company Overview Company Name OPTEX GROUP CO., LTD. Location Shiga Otsu, Japan The OPTEX Group Established May 25, 1979 is an integrated Capital 2,798 million JPY manufacturer of sensors. Sales 34,846 million JPY To see things what eyes cannot see, that is our business ! Operating Profit 2,098 milli
Slide 26: Trends in Consolidated Performance
Trends in Consolidated Performance 2019 2020 - U.S.-China trade tensions, - COVID-19 economic slowdown in China 50,000 - Deceleration in demand for smartphone- related capital investment 45,000 2016 - Acquired CCS Inc. 40,113 40,000 37,504 37,517 34,846 6,500 31,027 2008 (13%) - Lehman Brothers coll
Slide 27: Company Overview - History
Company Overview _ History 1979 Established OPTEX CO., LTD. 1980 Developed the world's first Automatic Door Sensors with far-infrared Founding members 1985 Founded a subsidiary in California, U.S.A. 1991 Made the company's stock public. 1996 Developed Outdoor Crime Prevention Sensors 2001 Listed on
Slide 28: Holding Company Structure
Holding Company Structure Holding Company OPTEX GROUP CO., LTD （Tokyo Stock Exchange Market 1st Section：#6914） OPTEX CO.,LTD. OPTEX FA CO., LTD. CCS Inc. Sanritz Automation OPTEX MFG Co., Ltd. Three Ace Co., Ltd. O'PAL OPTEX CO.,LTD. Co., Ltd. Sales & Development Manufacture of the Development of Ma
Slide 29: Company Overview - Data
Company Overview _ Data Sales by Product Category Sales by Region EMS/ Asia/ Others Oceania 3% 13% MVL AMERICAs 25% SS 13% 34.8 Security Sensors 34.8 Japan billion yen 35% billion yen 44% (F.Y.2020) (F.Y.2020) SS FA Automatic EMEA 21% SS Door Sensors 30% Others 11% 5% EMEA : Europe, the Middle East,
Slide 30: Company Overview - Global Market Share
Company Overview _ Global Market Share Global niche No.1 Security Automatic door Machine vision sensors sensors lighting 40% Intrusion detector 30% Automatic door 30% LED lighting for outdoor sensor for inspection Infrared sensor Sensor for large-scale critical facilities Push plate LED lighting sys
Slide 31: Business Domain - Security sensors
Business Domain _ Security sensors Largest market share in the world for intrusion detectors for outdoor use Residential home・Commercial facilities Residence Office [Security company] Alarm Guard visit service signal Outdoor sensors Rush to the scene Police rush in Europe and the United States Impor
Slide 32: Business Domain - Automatic door sensors
Business Domain _ Automatic door sensors Domestic market Share: Over 50% Jun. 2020 Automatic door sensors selected for the Overseas market Share: Over 20% New Global Niche Top Companies Selection 100 by the Ministry of Economy, Trade and Industry. In 1980, we applied the far-infrared ray, Over 60% s
Slide 33: Business Domain - Factory Automation sensors
Business Domain _ Factory Automation sensors Provision of sensors for factory automation which help automate factory production processes and save labor Displacement sensors Image sensors Photoelectric sensors Products for the semiconductor and Products for the three-item industries Products for the
Slide 34: Business Domain - Machine Vision Lighting
Business Domain _ Machine Vision Lighting CCS produces lighting for image inspection using LED since 1993. Lighting for image inspections * When producing something at a plant, each stage of work requires an “inspection” process. Photos or images of the inspection targets are Small chip parts (about
Slide 35: Business Domain - Industrial Computers
Business Domain _Industrial Computers Provision of products that are highly reliable in terms of environmental durability, noise insulation and other factors. Highlighting long-term technical support services based on a wealth of expertise on the development of hardware and software as a competitive
Slide 36: ESG's Efforts
ESG’s Efforts _ We have been making efforts to improve our corporate value by responding positively to ESG tasks. We have published ESG report(Click here). Environment Social Governance Products and services helping Relationships with local Corporate governance resolve environment issues communities