Taiyo Holdings Co., Ltd. · TSE:4626
Taiyo — Q1 FY2019 Earnings Presentation
13 slides from Taiyo's earnings presentation, Aug 3, 2018
Slide 1: Consolidated Financial Result Digest FY2019 Q1
Consolidated Financial Result Digest FY2019 Q1 (Fiscal Year Ending March 31, 2019) Z TAIYO HOLDINGS CO., LTD. August 3, 2018 Any information incorporated in this document is not intended for suggestion of purchase or sale of equity share of the company. All the description and projection are based o
Slide 2: Our Reporting Segments
1 Our Reporting Segments Electronics Materials Manufactures, stocks and markets chemicals for PWBs and other electronic components Medical and Pharmaceuticals Develops, manufactures, and markets pharmaceuticals and quasi-drugs Other Manufactures and markets dyes, pigments and other chemical products
Slide 3: Terminology
2 Terminology Term Definition PWB Printed wiring boards SR “Solder resist ink” or “Solder mask” PKG Semiconductor packages DF Dry film
Slide 4: Classification of Product
3 Classification of Product Group Category Type Remarks high-end Rigid Liquid regular ・SR materials for insulation and surface PWB protection use PKG Liquid/Dry Film insulating materials FPC Liquid/Dry Film ・build-up materials for interlayer insulation and Build-up Liquid/Dry Film hole plugging use
Slide 5: FY2019 Q1 Overview
4 FY2019 Q1 Overview 1 The realized average exchange rate for Q1 was JPY108.7/USD, weaker yen than company’s projection of JPY105.0/USD 2 Sales volume of dry film for PKG rose YoY while that of solder resist for rigid board materials slightly declined 3 TAIYO Pharma completed the transfer process of
Slide 6: FY2019 Q1 Consolidated Financial Results
5 FY2019 Q1 Consolidated Financial Results Result Summary Unit: JPY million FY2018 FY2019 FY2019 FY2019 Progress Q1 Q1 YoY % H1 full year rate result result forecast forecast Net sales 12,425 14,852 +2,427 +20% 30,500 49% 60,200 Operating 2,714 2,696 -18 -1% 5,100 53% 9,800 income Ordinary 2,683 2,6
Slide 7: FY2019 Q1 Net Sales (YoY)
6 FY2019 Q1 Net Sales (YoY) Analysis of Net Sales Unit: JPY million +285 +1,579 MNT (newly consolidated) +664 -66 -35 Medical and Pharmaceuticals Foreign currency business fluctuation, Decrease in Increase in change in product sales volume sales volume mix, etc. of liquid SR of dry film SR 12,425 14
Slide 8: FY2019 Q1 Operating Income (YoY)
7 FY2019 Q1 Operating Income (YoY) Analysis of Operating Income Unit: JPY million +334 -168 Medical and Pharmaceuticals business -194 *including amortization of sales rights -19 Increase in +68 -39 SGA expenses Decrease in MNT sales volume Increase in Foreign currency (newly consolidated) of liquid
Slide 9: FY2019 Q1 Segment Information
8 FY2019 Q1 Segment Information Sales by Segment (including inter-segment sales or transactions) Unit: JPY million FY2018 Q1 12,633 FY2019 Q1 12,050 1,579 643 374 ー Electronics Materials Medical and Pharmaceuticals Other Operating Income by Segment (including inter-segment sales or transactions) Uni
Slide 10: Electronics Materials Business
9 Electronics Materials Business Sales Results by Product Group Category Unit: JPY million FY2017 Q1 FY2018 Q1 FY2019 Q1 5,287 5,278 5,000 4,802 3,219 3,167 3,169 3,093 2,490 2,500 2,109 558 691 436 439 496 404 0 Rigid(high-end) Rigid(regular) PKG Build-up/FPC Other * * Due to the change in reportab
Slide 11: Electronics Materials Business: Sales by Region
10 Electronics Materials Business Sales by Region * (including inter-regional sales or transactions) Unit: JPY million 6,000 FY2018 Q1 FY2019 Q1 4,000 5,183 5,221 5,475 2,000 4,334 2,235 2,192 2,369 2,596 1,062 1,032 0 Japan China Taiwan Korea Other Operating Income by Region * (including inter-regi
Slide 12: Trend of Quarterly Performance
11 Trend of Quarterly Performance Net Sales & Operating Income Unit: JPY million Net sales（left axis） ● Operating income (right axis） 16,000 4,000 14,000 3,500 3,000 12,000 2,500 10,000 2,000 8,000 1,500 6,000 1,000 4,000 500 2,000 0 0 (500 ) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 13: Ric RAS
Ric RAS NEXT STAGE @ TAIYO HOLDINGS CO., LTD. Copyright © TAIYO HOLDINGS CO., LTD. All Rights Reserved.