Taiyo Yuden Co., Ltd. · TSE:6976

Taiyo Yuden — Q1 FY2020 Earnings Presentation

18 slides from Taiyo Yuden's earnings presentation, Aug 5, 2019

  1. Slide 1: Consolidated Financial Results, First Quarter FYE March 2020

    | 5s TAIYO YUDEN Consolidated Financial Results First quarter for the year ending March 31, 2020 Shinji Masuyama Chief of Management Planning Headquarters August 5, 2019 ©TAIYO YUDEN 2017

  2. Slide 2: Financial Summary

    Financial Summary 1Q for the Year Ending March 2020 ™ There was sales and profit growth with net sales up 3% Q/Q at 68.6 billion yen, and operating income up 10% Q/Q to 9.6 billion yen. ™@ Net sales were as expected as of May. Operating income exceeded the forecast due to control of fixed costs and

  3. Slide 3: Consolidated Financial Results (Q/Q)

    Consolidated Financial Results (Q/Q) FYE Mar 31, 2019 FYE Mar 31, 2020 ¥ in million 4Q 1Q Change Q/Q (01 Jan 2019 — 31 Mar 2019) | (01 Apr 2019 — 30 Jun 2019) Net sales 66,820 | 100.0% 68,635 | 100.0% 1,815 2.7% Operating income 8,744] 13.1% 9,595} 14.0% 850 97% Ordinary income 7,562] 11.3% 8,846 |

  4. Slide 4: Factors driving Operating Income (Q/Q)

    Factors driving Operating Income (Q/Q) (¥ in billion) Operating income a (1Q FYE Mar 2020) Operating income 10.0 + (4Q FYE Mar 2019) 9.6 8.7 75 5 5.0 Effect from 25 | capacity Effect from 0.0 (0.2) (0.1) Selling price Changes in reductions fixed costs (2.5) *Excludes ELNA CO., LTD. ©TAIYO YUDEN 2017

  5. Slide 5: Financial Results by Product Classification (Q/Q)

    Financial Results by Product Classification (Q/Q) agi FYE Mar 31, 2019 FYE Mar 31, 2020 cl aa 4Q 1Q 9 Capacitors 43,101] 64.5% 43,338 | 63.1% 237 0.6% Ferrite and applied products 8,231] 12.3% 8,633 | 12.6% 402 49% Integrated modules & devices 10,778] 16.1% 12,523] 18.2% 1,745 16.2% Others 4,708] 7.

  6. Slide 6: Financial Results by Product Classification (Q/Q)

    Financial Results by Product Classification (Q/Q) (¥ in billion) 80 @ Capacitors +0.6% Q/Q Sales for use in information equipment, automobiles etc. increased. 66.8 68.6 60 —7._—__ 10.8 @ Ferrite and applied products +4.9% Q/Q Sales for use in consumer products, information equipment, communication e

  7. Slide 7: Sales by Market Sector

    Sales by Market Sector 100% + 80% | = Consumer products 9, 60% = Information equipment = Communication 40% equipment = Automotive 20% a IT infrastructure/ Industrial equipment 0% “Estimated by the Company 19/3 19/3 19/3 19/3 20/3 1Q 2Q 3Q 4Q 1Q ©TAIYO YUDEN 2017 TAIYO YUDEN 7 Composition of sales cl

  8. Slide 8: Forecasts of Consolidated Performance

    Forecasts of Consolidated Performance ——— FYE Mar 31, 2020 ¥ in million FYE Mar 31, 2019 rE Eorccnst Change Net sales 274,349 | 100.0% | 145,000] 290,000 | 100.0% } 15,651] 5.7% Operating income 35,237] 128%] 19,000] 38,000] 13.1%} 2,763] 78% Ordinary income 34,351] 125%} 18,500] 37,000] 128%] 2649]

  9. Slide 9: Supplementary Information

    Supplementary Information TAIYO YUDEN ©TAIYO YUDEN 2017

  10. Slide 10: Consolidated Financial Results (Y/Y)

    Consolidated Financial Results (Y/Y) ¥ in million FYE Mar 31, 2019 FYE Mar 31, 2020 YN 1Q 1Q 9 Net sales 59,576 | 100.0% 68,635 | 100.0% 9,059 15.2% Operating income 5,981] 10.0% 9,595] 14.0% 3,613 60.4% Ordinary income 6,896 | 11.6% 8,846 | 12.9% 1,949 28.3% Net income attributable to owners of par

  11. Slide 11: Factors driving Operating Income (Y/Y)

    Factors driving Operating Income (Y/Y) on Operating income (¥ in billion) (1Q FYE Mar 2020) 400 - 9.6 Operating income 75 > (1Q FYE Mar 2019) 6.0 Selling price reductions Currency 15 fluctuations 0.9 L 1.8 (2.5) chonaes in “Excludes ELNA CO., LTD. fixed costs ©TAIYO YUDEN 2017 TAIYO YUDEN

  12. Slide 12: Financial Results by Product Classification (Y/Y)

    Financial Results by Product Classification (Y/Y) ae FYE Mar 31, 2019 FYE Mar 31, 2020 Ct YN 1Q 1Q Capacitors 36,184 | 60.7% 43,338 | 63.1% 7,154 19.8% Ferrite and applied products 9,228] 15.5% 8,633] 12.6% (594) (6.4)% Integrated modules & devices 13,208 | 22.2% 12,523 | 18.2% (684) (5.2)% Others 9

  13. Slide 13: Financial Results by Product Classification (Y/Y)

    Financial Results by Product Classification (Y/Y) (¥ in billion) 80 ®@ Capacitors +19.8% Y/Y 68.6 Sales for use in all equipment increased. In particular, z sales for use in automobiles increased dramatically. 59.6 60 1.0 12.5 . : @ Ferrite and applied products (6.4)% Y/Y 13.2 Sales for use in consu

  14. Slide 14: Consolidated Earnings Trends (Quarterly)

    Consolidated Earnings Trends (Quarterly) FYE FYE Mar 31, 2018 FYE Mar 31, 2019 Mar 31, ¥ in million 2020 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q Net sales 54,072 | 64,107 | 66,053 | 59,883 | 59,576 | 73,989 | 73,963 | 66,820 | 68,635 Capacitors 29,747} 37,019] 38,800] 37,290] 36,184] 43,984] 47,362] 43,101] 43,3

  15. Slide 15: Consolidated Earnings Trends (Quarterly)

    Consolidated Earnings Trends (Quarterly) (¥ in billion) 80 60 40 1Q 2Q 3Q 4Q | 1@ 2Q 3Q 4Q 1Q 18/3 19/3 20/3 (¥ in billion) 12.5 10.0 75 5.0 2.5 0.0 1Q 2Q 3Q 1Q 2Q 3Q 18/3 19/3 20/3 ©TAIYO YUDEN 2017 TAIYO YUDEN Net sales Others = Integrated modules & devices = Ferrite and applied products = Capacit

  16. Slide 16: Orders Received and Order Backlog Trends (Quarterly)

    Orders Received and Order Backlog Trends (Quarterly) (¥in billion) . Orders received 1Q 2Q 3Q 4Q 1Q 2Q 3Q 18/3 19/3 80 2 So cs s nN S$ ©TAIYO YUDEN 2017 Order backlog Hi 4Q | 1Q 1Q 2Q 20/3 TAIYO YUDEN

  17. Slide 17: Forward-looking statements

    Forward-looking statements This document contains information about the plans, business results, and strategies of TAYYO YUDEN CO., LTD. and the TAIYO YUDEN Group. These forward-looking statements other than historical facts represent judgments made by the Company based on information available at p

  18. Slide 18: ©TAIYO YUDEN 2017

    ©TAIYO YUDEN 2017 TAIYO YUDEN

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