Slide 1: Business Report for FY2014
1/27 Business Report for FY2014 Apr 30, 2015
Slide 2: FY2014 Outline of Financial Statement
2/27 FY2014 Outline of Financial Statement Executive Vice President and CFO KOHEI OHGAKI
Slide 3: Consolidated Financial Result
3/27 ＜Consolidated＞ Financial Result FY2013 FY2014 Unit : Million yen 0.7% Sales Amount Income 65,796 66,230 60,000 6,000 4,894 △9.3% 4,251 40,000 4,000 2,330 2,541 2,113 1,982 20,000 2,000 0 0 Net Sales Operating Income Ordinary Income Net Income
Slide 4: Consolidated Operating Expenses
4/27 <Consolidated> Operating Expenses FY2013 FY2014 Unit : Million yen 63,466 64,117 ( ):Sales Ratio (96.4%) (96.9%) Material costs Amount paid to subcontractors 60,000 Labor costs Expenses Depreciations 32,808 (49.9%) 33,030 (49.9%) 40,000 Labor costs -116 million yen 1,608 (2.4%) 1,364 (2.1%) （
Slide 5: Consolidated Analysis of Sales Expenses
5/27 ＜Consolidated＞Analysis of Sales Expenses Analysis of factors for increase/decrease of consolidated operating income Unit : Million yen ［ FY2013 vs FY2014 ］ Total -217million yen 4,000 Business 3,000 profits for Labor costs・ previous Expenses・ Business term Reduced Depreciation profits for 2,330
Slide 6: Consolidated Non-operating Profit and Loss
6/27 ＜Consolidated＞ Non-operating Profit and Loss Unit : Million yen FY2013 FY2014 ( ) : percentage to 1,921 2,781 sales amount (3.0%) (4.2%) 3,000 Currency exchange profit/loss Revenues from and expenditure to fixed 2,000 assets 2,199 Financial account balance 1,420 Others 1,000 <Exchange profit> 4
Slide 7: Consolidated Extraordinary income or loss
7/27 ＜Consolidated＞Extraordinary income or loss Unit : Million yen FY2013 FY2014 ( ) : percentage to sales amount △657 △1,236 500 Gain from revaluation investment securities 224 90 102 16 0 44 Gain on reversal of △ 32 △ 83 △ 280 subscription rights to shares -500 Loss due to impairment △ 613 △ 1,361
Slide 8: Consolidated Segment Information
＜Consolidated＞ Segment Information 8/27 FY2014 Unit : Million yen Reporting Segment TOTAL Others (*) （Consolidated CS Div. FC Div. TP Div. Total gain and loss exhibit） Net Sales 25,901 25,027 15,184 66,112 118 66,230 Segment gain or loss（Operating 921 △723 1,909 2,107 6 2,113 Income） FY2013 Reportin
Slide 9: Consolidated Cash Position
＜Consolidated＞ Cash Position 9/27 Unit : Million yen 2014/３ 2015/３ Differential （Ａ） （Ｂ） （Ｂ－Ａ） Assets 56,235 64,360 8,125 Cash and cash equivalents 11,227 10,182 △1,045 Accounts receivable 14,681 16,979 2,298 Inventories 5,904 6,422 518 Fixed assets 21,010 27,027 6,017 Liabilities 24,759 30,649 5,890
Slide 10: Consolidated Cash Flow Position
＜Consolidated＞ Cash Flow Position 10/27 Unit : Million yen FY2013 FY2014 Cash Flow from operating activities 7,645 4,820 Working capital △731 △1,586 Income before income taxes 3,594 3,658 Depreciation 3,377 3,669 Others 1,405 △921 Cash Flow from investing activities △3,420 △5,938 Free Cash Flow 4,22
Slide 11: Consolidated Financial Plan and Annual Dividend
11/27 Consolidated Financial Plan and Annual Dividend (1)Consolidated Financial Estimate %：Compared to previous term Operating Ordinary Net Sales Net Income Income Income Million yen % Million yen % Million yen % Million yen % FY2014 66,230 0.7 2,113 △9.3 4,894 15.1 1,982 △22.0 FY2015(Plan) 73,300 1
Slide 12: FY2014 Result and FY2015 Prospect
FY2014 Result and FY2015 Prospect President and COO YASUMITSU IKEDA
Slide 13: SMK Executive Appointment June 23, 2015
SMK Executive Appointment June 23, 2015 13/27 Name Present Post New Post ☆New Auditor candidate Tetsuya Senior Adviser Auditor Nakamura Outside President of Aroma Square Corporation, Auditor Ichiro Shimizu President of Omiya Sonic City Corporation (Will serve concurrently with current position) ☆Ret
Slide 14: Full Fiscal Year Performance (FY2012-FY2015)
14/27 Full Fiscal Year Performance(FY2012-FY2015) Net Sales: Million yen Income: Million yen 80,000 73,300 8,000 65,796 66,000 66,230 6,000 60,000 5,100 4,894 54,475 3,800 4,251 3,800 4,000 3,100 2,900 40,000 2,400 1,982 1,576 2,330 2,113 2,000 2,541 20,000 -198 0 -853 0 -2,000 FY2012 FY2013 FY2014
Slide 15: Net Sales by Production Div. (FY2012-FY2015)
15/27 Net Sales by Production Div. (FY2012-FY2015) Net Sales: Million yen 80,000 101% 111% %：Compared 73,300 Others 135 to previous term 65,796 66,230 Others 134 Others 118 14,597 96% 60,000 54,475 Others 251 15,808 15,184 96% 9,923 32,214 129% 40,000 22,438 25,027 112% 18,803 20,000 25,498 27,416 2
Slide 16: Operating Income by Production Div. (FY2012-FY2015)
16/27 Operating Income by Production Div. (FY2012-FY2015) Operating Income: Million yen 4.2% 4500 %:Profitability 3.5% 3,100 3.2% 2,330 3500 2,113 24 42 6 2500 1,866 1,523 1,909 1500 10 -853 44 1,403 1,525 500 12 921 521 -500 -963 -723 -1,430 -1500 Exchange FY2012 Result FY2013 Result FY2014 Result
Slide 17: Reference: Net Sales by Market (FY2012-FY2015)
17/27 Reference: Net Sales by Market (FY2012-FY2015) Net Sales: Million yen 80,000 %：Compared 73,300 to previous term 65,796 66,230 2,400 147% 1,285 1,634 127% 60,000 54,475 17,950 114% 14,046 15,765 112% 1,090 11,281 40,000 18,252 20,450 106% 10,689 19,341 106% 7,425 8,825 13,100 143% 9,131 103% 20
Slide 18: FY2015 Business Environment
FY2015 Business Environment 18/27 Positive Recovery of the US economy (Continue a aspects strong dollar) Total society connect to the internet (IoT society) Growth of the electronics application fields Growth of Chinese manufacture Negative aspects Slowdown in the China economy and deflati
Slide 19: FY2015 Priority Matters
19/27 FY2015 Priority Matters • Expand sales in Key markets • Beef up efforts to explore new markets and develop new business • Step up activities to improve profitability • Enhance capability of product/technology development • Reinforce CSR and Corporate governance
Slide 20: 2015 Enhancement of Overseas Sales and Production
20/27 2015 Enhancement of Overseas Sales and Production Relocation of Europe headquarters to Ireland from Belgium July/2015 Establishment of 2 nd factory in Philippine July/2015 ● Sales ■ Production ● Ireland SMK-PH2 SMK Electronics ■ (Europe) Limited Philippines
Slide 21: SMK Activities for New Market
Activities SMKfor New Market 展示内容 21/27 2015 Lighting Fair MEDTEC Japan 2015 Date：Mar 3 rd,2015 – Mar 6 th,2015 Date: Apr 22nd,2015 – Apr 24 th,2015 Place：Tokyo Big Sight Place: Tokyo Big Sight Optical TP with Finger vein LED COB Connector & Crimp Connector sensors authentication Demonstration of LE
Slide 22: IoT (Internet of Things)
IoT (Internet of Things) 22/27 Communications 2010 2015 2020 Standards (Communication 3G LTE/3.9G LTE-Advanced/4G 5G Speed) (14Mbps) (150Mbps) (1Gbps) (10Gbps) (the number of terminals 12.5 25.0 50.0 connected to Internet) Billion Billion Billion Consumer Wearable Internet of Things Industry Infrast
Slide 23: IoT (Internet of Things) - Creative Connectivity
IoT (Internet of Things) 23/27 Communications 2010 2015 2020 Standards (Communication 3G LTE/3.9G LTE-Advanced/4G 5G Speed) (14Mbps) (150Mbps) (1Gbps) (10Gbps) Business (the number of Strategy Slogan terminals 12.5 25.0 50.0 connected to Internet) Billion Billion Billion CREATIVE CONNECTIVITY Consum
Slide 24: TEXPO2015 Overview
24/27 TEXPO2015 Overview Date: Nov. 4 th (Wed),2015 - Nov.6 th (Fri),2015 Place: SHINAGAWA GOOS
Slide 25: 90th Anniversary of the Founding
90 Anniversary of the Founding th 25/27 SMK Philosophy What SMK will aim for SMK is committed to the advancement of mankind ・a cultural corporation which through development of natures our human the information society, by Now resource integrating its current ・a company in high demand by society tec
Slide 26: SMK Vision & Business Strategy Slogan
26/27 SMK Vision & Business Strategy Slogan Challenge SMK Creativity Solutions CREATIVE CONNECTIVITY
Slide 27: Notice
27/27 Notice All information in this material concerning the forecast of business achievements, projections of general business conditions and our business strategies is dependent on our conclusion made to a normally foreseeable extent applying information reasonably accessible to us at the time of