Slide 1: ESPEC investor briefing
Fiz 1—K 6859 espec TANY7RAS4A 20143 A MiRA RAS 2014755228 WWW.eSpec.co.jp
Slide 2: Contents
el BR SHtiz 201473 AMiRE ME 20143 AMRA CAXAVbGIA 20153 AM 25a 2015F3AM BAAHCE RA Sent Copyright (C) 2014 ESPEC CORP. All rights reserved 2 LANYIRASHA
Slide 3: Company profile
SHreiz ARRAS 7 A. Hebe ROR RY 7 X—A— 2a 4 AALEM t & Fw me AA BILE AA HAZ iT AAA HRA BRAS IAN97 ABH AlRth AK Kee 3-5-6 BH WB CULE EHS) 19472F( BA 4022 )7 A258 19545 bR#N29 15138 689585 23,781,394 1,356 (ia ) Wem eRe. LID —F INA A- +B K- FPR. MMLBORNE- Me. PIS—V—-EA, BARE (201 45F3A 31 AWE) Copyright
Slide 4: Global network
FO—-NWVAYRSI—7 AESPEC SOUTH EAST ASIA SDN. BHD. S Copyright (C) 2014 ESPEC CORP. All rights reserved geen 10% GARY KIA BAMA 260 (95+ 6 tt, IPI 4 #t) 437H3 34 Bates 484 E u}— <a 7 AESPEC EUROPE GmbH = “ aa © EXeENTOWFTIRRELOWTERANG] ©«@ESPEC NORTH AMERICA, INC. aS” OLZANy 7H OSV MARIAM (1) AMA ys @LA
Slide 5: TOPICS
tty | TOPICS Cae TFO-NWAIVF kh Y TERIOR, (CRE! MRR t#Avxy BOY Ne a ad 3088: om Se re ¥ eel s b + 7 t + 4 aatittetast ¢ & £37 S4e2 2 SF @ RR tet SKE as we He ae reni weeny Y agatigset ¥ “ Ai hgal: 8 aK os . CmisFte lw 4 5 % so A BR ; ae & mu gether | yw B.S ad -apidee - 00: 0-© otal REA FNMA EREBEISI
Slide 6: Business overview
“SLES 282002 Ha) see ||| | EFA. RES RES RTAe “R&D HARES ARERRE AMM =A ER (ROE “VRE NADF ey /\— IRR ICH EE RE aaS % cRenneyoun@em = TARE RED i=l oo ‘RENEE : , Be tea edi) 80% S ieee re ane Ret m -ABEGRE Seegco |e : Wty RE Se £2. RE TSR ERE eam HNDZTA | “AS. HRA BEN —VA-Ty *-LCD -£2(7=—-W- FPD Ram “BR
Slide 7: ESPEC
ESMEC 201473 AH RAZ
Slide 8: Results summary
RARE BIAS BBS iis. ISR ARASH. HEI at P/L © BAM. ARHOR ER MARALLA. ASHE POCAASLRmA PRICHBL, SATEOTLElS. i OM Btls. PHFSAABALAA, KREF SASH MICHBL. BAO Sls. $240 © BlLBOMMCLY, MRALISM B/S, C/F O RRR itt. ARAEREOWMECICL), BRESH3 3AM © MAECEMLAARBREOMMAAS<, ACHAMRIS, 0.647 YNRO75.6% fi BRCFSLURACORBICLY,
Slide 9: FY2014 results summary
201443AM RARE tAtt OAK} (BAR) 30, 412 31, 760 30, 799 32, 099 TL ih 20, 518 21, 367 4.1% (me (66. 6%) (66. 6%) ne LBA 10, 281 10, 731 4.4% 8, 414 8, 654 2.8% Slat 1, 866 2,077 SA 2,162 2,370 9.6% 24 AEA 1,219 1,570 Copyright (C) 2014 ESPEC CORP. All rights reserved 9 IAN YI RAStt
Slide 10: FY2014 results (operating income)
201453AM RARE m4 (SAR) et SAM OwWREeAD EI amee . . [i toasts | 86m lAse! ! | 21S | =~ ! A2s: 218 H1911 A218 | | A & ©o Ga ® € # 1,866 7 2,077 —,——" + \- DN \- vy 434 15 A239 FLOWRICLS —- RED BERIT MERON EBM | «=§ Labels Oe Oem 13/38 TTT 1 4/31 Copyright (C) 2014 ESPEC CORP. All rights reserved 10 LA
Slide 11: Orders and backlog
BE ° AROwRAARA (SAF) | Ah-AREOR | meron 29 Bosd =500- 402" maan.608 = 8 6 § & 8 z it » = £ ft é h ® £ #8 RB op £ eg 2 = 2 = ft A aS i & #8 zo ff ie a ¢ & x oo % = 43,031 a &§ 43,031 39,724 . 39,724 @ | +3,306 | | +3,306 | 13/ 3MK 14/3MK 13/3MK 14/3 B RR - Tat PARREREOWMECICLY,. SER HI3 AIS Copyright
Slide 12: FY2014 results
201453AM RARE (BAR) = MHCRAR Be DY AHH BEBE 24400 HST Wu ie IRE SG BS oO MMOL: voe 838 H<BRCHER e RORMWCRR © PH4SLCRR REtRm SH oP a ie a eae HEANN ETN LANYIRASHA 12 Copyright (C) 2014 ESPEC CORP. All rights reserved
Slide 13: ESPEC
ESMEC 20143 AMR LOxVbal DH
Slide 14: FY2014 results by quarter
2014 SA MRM bX NaI Sy ls © CA XY EOD AKI (BAA) e9xrb | | 2013/31 | 2014/3m1 | aimee [208 BIER tm 24, 051 25, 271 5.1% 26, 500 24, 368 25, 831 6. 0% 25, 500 “SRES 1, 339 1,625 21.3% 1, 650 5, 169 5, 288 2.3% 5, 300 5, 201 5, 168 AO. 6% 5, 300 650 504 A22. 5% 600 1,322 1,375 4.0% 1, 300 ake 1,365 1, 2
Slide 15: Sales and operating income
SWRACMMRROERAMN hae toes eupz: Main 30,799 | aoe | | 1,866 2,077 fi: | | 13/38 > 147/318 13/38 > 1473m BS RERRA Zaku), i B REEROM MILL), Y-CABRORDENIN-L, Hat Copyright (C) 2014 ESPEC CORP. All rights reserved 15 LANYIRASHA
Slide 16: Segment overview
A > we BRRCTXVA WARS BEAR BO tml. M0 “LFA OU EMBL FEL BIS ATNB LE TD RERSCVK(F +l \-GEAARSLB A. ARES DICH BHO LBs. M0 HE POPS, PEFR AM, RRKET SAA BE Site SLB. sem LtY—-FINIZRE BERR ARSHOASePOMCHRMMEEOS| AUS MLEM, BEMAGST Bite Bhatt. RY +EAR ERE BHEOLBAKA-A-PSOORELH!), Rit BIsHMF MA, Bless FPDR@kie B
Slide 17: Segment results
201453AMRA tOXAVbAID REBRLIXY/ 2014/3 2013/31 Beales [ADRES (%) ] Copyright (C) 2014 ESPEC CORP. All rights reserved 17 LANYIRASHA
Slide 18: Segment results: environmental test equipment
201453 AMRA LOAD Y-EABRCIXUA (BAR) 2QRestHl (HAD SESE L) | REFORRMDASRHEMMCE!, RERSATM, TS LlmlsH Fis Rite whecbca MMs | ENAOFANAY PVF 17 FH AGMA POMC ORM, LY SIE Copyright (C) 2014 ESPEC CORP. All rights reserved 18 LANYIRASHA
Slide 19: Segment results
201453 AMRA LOAD (BAP) 2014/38 2Q0R5ta aa | MSE RSL) 1,322 1, 300 Lis : 1, 300 BRA 50 [ ll oe SE (%) J . [3. 8%] B RMRIYIIPUYIBRS, ROSUCKDOSUP BRICKS B HMDS FRS. MACABRE RELEM, TOHABDRAORVEMN SE B RitwlsseM, ThmsRyY Copyright (C) 2014 ESPEC CORP. All rights reserved 19 LANYIRASHA
Slide 20: Ratio trend
Th 3a Bll 56 Cte Ae LE DEO 100% one , O7z9bN RIV" 427" V4 tis OBTim : BT he 80% | oF eh 60% + 40% + 20% + 0% 5 ; 11 ; 12 . 10 . 10 10/3HH «11/38 12/380) 13/38 14/388 Copyright (C) 2014 ESPEC CORP. All rights reserved 20 LANYIRASHA
Slide 21: Sales breakdown
201453 AMRA LOAD ithiet Bll 5c_b i fe Av Lb 2013/3 5-50 ibe: 38. 4% 1.3% 15.0% ape 1.3% #8 14.1% BRK BRATU?Y EM tte 13/3 11.8% B® 14/33F 61.6% 61.8% 3.1% \4.0% 13% #t 30, 79985 #t 32, 09985 GHELS:11, 81985) a5 SA) Copyright (C) 2014 ESPEC CORP. All rights reserved 21 LANYIRASHA
Slide 22: FY2015 forecast
ESMEC 20153 AW #S5tH Copyright (C) 2014 ESPEC CORP. All rights reserved 22 LANYIRASHA
Slide 23: FY2015 forecast overview
20153AW Si RMBE 201443A 2015%3A Rie Aim co lis 32163 33 OfSAWt BRAS 20. 7183 2 3 AWE BR Al ite 6. 5%| 7. O%WE Copyright (C) 2014 ESPEC CORP. All rights reserved 23 LANYIRASHA
Slide 24: FY2015 forecast
201543 AM @EHe 20154737 #8 HA au i (BAR) ii 2QkEt ia . USF Te RA LG ORAL Rim 15, 551 31,760 16, 500 6.1% 34,000 7.1% 14,039 32,099 15,000 6.8% 33,000 2.8% WeLABAE 4,788 10.731| 5,050), ., | 11,430 | 5 Dest) 184.1%] [33.4%] | [33.7%] : 134. 6%] ~ Smet 680 2,077 700 2 300 ; Te) 14.8%) «= 6. 5%) | 14.7
Slide 25: FY2015 forecast
2015S3AM @e5te (BAR) Copyright (C) 2014 ESPEC CORP. All rights reserved 25 LANYIRASHA
Slide 26: FY2015 segment forecast
2015S3AM eH Y-EARRLIXY/ (BAR) | zoraomam | 20ts/ommtm ia ORAL 5, 400 2.1% 5, 300 2.5% SRA 500 [aie (%) | ; [9.4%] 40.9% Copyright (C) 2014 ESPEC CORP. All rights reserved 26 LANYIRASHA
Slide 27: FY2015 segment forecast
2015S3AM este EO th BREA XY/ (BAR) 2014/31 RM 2015/31 500 464 496 1, 267 500 0.6% 1,300 2.6% A72 A52 A50 _ 0 _ CIS )) [A14.6%] [A4.1%] [A10,0%] [0. 0%] Copyright (C) 2014 ESPEC CORP. All rights reserved 27 LANYIRASHA
Slide 28: FY2015 forecast: capex and R&D
201573 AM #eHe Bc SBR REOALSEN OMMET ERE ORRREO—OOMMT SLCC, KENE PR MHEOM LAKE MER LOBACHA, CASMRECH AEM SMR RE KRAUS Losi tas © Bc eeh (BAA) ) ee) (FA) 3,000 - _ . bo 24 5 a Fae Be 4 30) Ro BR (om) 2,000 1,929 (3H) 20 1,654 1,570 1,600 1,219 1,000 10 #8) 65 65 0 11/3843 12/394 13/394 14/343 15/354
Slide 29: FY2015 topics
ESMEC 2015%3AHi BADHCE AR Copyright (C) 2014 ESPEC CORP. All rights reserved 29 LANYIRASHA
Slide 30: FY2015 initiatives
2015%3AHF BATS 1. EU AE—F 4" le, LWP FEIT" le PLR IG HEE TS 2. BATHS THSRSLOle “RAH OMA CMHC” ZHS Copyright (C) 2014 ESPEC CORP. All rights reserved 30 LANYIRASHA
Slide 31: FY2015 initiatives
2015%3A8i Brie Bee 1 HE raBe ig 2 Ju—-FHSOMbICkS | FVU-V7F7/O9—-Hele PIP > PRO MA. FL AIHRA\ORBSA KS BRAM MA EABOIRA fash & BUG Eile 3 EB PA Sa te Bak BRS SOD BIS 5% |) Copyright (C) 2014 ESPEC CORP. All rights reserved IANYIRASAA
Slide 32: Initiative 1
20158558 BATHE ARE 1. Fb—-TFiBEOMICICLS PIP > PEO ORG PIP ARTE OKR PRISCA REN SA “NLR ORE BWICRRTSRDA 9-7 iBBORIE iso, Cit) INE (Hw) 100 - 50 - 0 201 ea 201 pie 201 pe 201 roe Copyright (C) 2014 ESPEC CORP. All rights reserved 32 LANYIRASHA
Slide 33: Initiative 1 details
1. Fb—-TFiPEO ICI LS PIP > PRO hh CB 4 4 TLANII ER IDLE AG OB IAN79 ERIE) ne eT Z6y EREAN AE) | ce in hm LZ kD BS LANIER EE) @ y, e TASEANDAR—bFA emHlcLe ESPEC SOUTH EAST)ASIA( Rie ) Y-EAYR—MAH OKIE 5 [ TRAIAN OLR REM MIL Copyright (C) 2014 ESPEC CORP. All rights reserved
Slide 34: FY2015 topics
2015F3 AM BADHCE RR TOPICS MEEFSH LAN» VAR, 201483 AlcmMArnt eel ELE PR--ZAlcCapotreARm RUOLE Rig - SERA AME Copyright (C) 2014 ESPEC CORP. All rights reserved 34 LANYIRASHA
Slide 35: Initiative 2
2. FY —YF7/OY—HBIcMz, FT THBAODKRBSALKSRRANOMA WJ—-LFF7/OP—-MBOKT * BAN THERA eR IF Y-FNIR - RRRIREE EFM FE 3 eh MAMA, BSHROLFY—-FN(ZRERSH inane go, Pew IaU-yFo70y—Tie SiR iike SLtFY—-FINARE fs 60 | LHY-FN1 ARE B40. i 201553 AM Et fe 24. ws 1348 & 20 0 a a en Ri Copyright (C) 2014 ESPEC CORP. All ri
Slide 36: Initiative 2
2. W-YF7/OF—higlemMaA, PT ITBAOREBSAL LOSER AROMA W-—YF9/AP—hie >? LIP-FNAARBOMBLA > BEA 2B ih t Ron OM FE ‘REERMRREONDT YTV SLI Y-FNT ARBRARMO GA NEW i574 ! TER ARE LIP-FNA ARAB Copyright (C) 2014 ESPEC CORP. All rights reserved 36 LANYIRASHA
Slide 37: Initiative 2
2015F3 AM BADHCE RR 2. W-YF7/OP—HiwlemMA, PI THBNAORBSAILSORRANOMA MMA KSA LCEREOD 1 THEAORE 16 #E on thd REEMA (800L) REMRE Copyright (C) 2014 ESPEC CORP. All rights reserved 37 LANYIRASA
Slide 38: Initiative 3
3. BAe RS ROMS IR BA THBOIAR ‘BRRRESSELORALAS SEND Sh OU-EZAISE ACL CHACHA ‘AASLA ROW *LAN-BEK MRE TAAL LB RISA 950 - oe BAZ tE 198 200 - 150. F100 - 50 0 a 2013898 014898 Oe Copyright (C) 2014 ESPEC CORP. All rights reserved 38 LANYIRASHA
Slide 39: Initiative 3
2015F3AM BABHCE RR 3. BART RRS ORS IR) MAD — EAR TMBAIIE EERROMBMACHASLRAOMGBGAOMA 4 fe all = V a Sa Ga a RSS Bins 7IFIAIYY—-ZA AARLRM (EK TY) Copyright (C) 2014 ESPEC CORP. All rights reserved 39 LANYIRASA
Slide 40: Quality is more than a word
Quality is more than a word ESOEC Copyright (C) 2014 ESPEC CORP. All rights reserved 40 LANYIRASHA
Slide 41: Cautionary notes and contact
CORP. SHOREOH MP RARBLECABEN THES. ENSHROHHP PRMBSES, WEAF RECRRESCl, SHAH - PHMLELEOTHVET. RRORMECIS,. SROMVERA- RRICLVCOH MSEC RESIZED", CNRS TORREBHLE, REET SEO Tt TEWECA. [SHUGpts ) LANY7RNSA 7530-8550 APRA KMHR3-5-6 TEL 06-6358-4744 FAX 06-6358-4795 e-mail ir-div@espec.jp I-—#L—bas3a=F—-—Yay B
Slide 42: Appendix
ESMEC Sent
Slide 43: Company history
RRRRORS ROE BTMMECOSKSEELRR MCC, BE. RE. EN. MHSCORRATICLS RECA AML, RAOMASHRISLOOMR <1950 > <19705FH- 19907 > <WtE> BATHE ma Oli at ERA MER! mA GE Rm eORRE [RBbPAR BREE JISHBIE T-VCG"), BHAC-BRCO MMIC MIAVE-HBICBWT BEAM RESGA ( Gimmie Y7r— } x2ol2emmaie = [ MBE TIFPAISU—Z Copyright (C) 2014 ESPEC C
Slide 44: Company history timeline
1965 1975 198.2% 1994% 2011 +HRRBRRE HWYATL Stenne BREA BRS) BREA Bei H § , ] j) i Copyright (C) 2014 ESPEC CORP. All rights reserved LAN YIRASHA
Slide 45: Product lineup
( Fei Soe Ente at aR a OD FAS ECU. 4 =RBHt a AL ol A-TEF-Yay FINA JEEZ / BRE Pr (N9-FIS72) BGMGBRR: -—4005+125C SREBRE rd iam: | MRM: + 175°C, +85°C OMD)A-77 | Ae § WYRE (Cameyy—) |, | setoMRy 1c umm: —ao0e+ 1100 MEME TIFTA)/ 4-77 BRAKHVROMEEME:—3005+e5CeU=rEt | \—y 1 RE AREER GFE @ aa | EORSSRB: —s
Slide 46: Product launch history
" ( See ie Se Se et Se anf FT eee 2013711 J) ee ee YAFLIPITOTVOTFS "RINT —7 SALE SHIR 2012%12H = PREINYARISYFU—-FAS— "“RERORKMSHMYATL FLSP IT EME ROLES. HRERtEOS 2012%5A B24-7Jv “BLIARK40% NASVIZBB 2012465A REERRS (RRM REREAD +2C+5% REE *BLARK31% 2012435 HRERRIFFFAIU—-Z *PEBCIIY PIT 62M 2011%11A AMB
Slide 47: TOPICS
(iS TOPICS mba 7 AIFFAIYVU—-2Al w JIKF VT VARS. 83 3SMEBALANVY-RERE 1 ERARLELE ! JYU-ZAM, WI2ZFRAY KF UT VARICES, AVHEBBEL IVF -RERZIC BT. 'HARRLRBASSRA) €RALELE. BLARV TES SY IOYPRRE. ine c, BU REE A Gen. SHORBCEYELE. BRELAIF BAMMLEBZALSSRR FRUEEARMRLRESS KEBBLA VY -RERE BARRA ARRLRBASE ROME. 1980R
Slide 48: Burn-in system topics
(RBSR) LIY-TFNAREOMESH FMB 4 7 IETe ANM7)A7FARRPSAAMRCORECAMRICASNSVFILIAVIR BOEMer RE LSAT SLOORE CAS AGRE SRB ith Ot se PS tee Copyright (C) 2014 ESPEC CORP. All rights reserved 48 LANYIRASHA
Slide 49: Product topics
(RBS) +SCHNEREOMESH PRAT NI ANZORRRE LEST. ARMERALMMRACER WHYTP Fry is— WE ML FRATRARELC TSU TC, (RATE REPRINT BA RT AR SATE EDA OREM BSB GYATL Copyright (C) 2014 ESPEC CORP. All rights reserved 49 LANYIRASHA
Slide 50: Product topics
(BSR) FPPMABRBOREHHl oh ALS NG IAUE 4 ial ta nee AC CIES a) Wee . B By |e 5 ® i I we t # Fa z x ce | |S | | L||# LAN YI RAS
Slide 51: Product details
[Y-EABR) PIS—-Y-EA LYGIPVYF NROPMRZ, AVTFYAV—-EAZ, SHOE WR, RE-BREE Ml BIANO. 10%9b7-FICLBAZE—F eH BM RAMDY—-EA TANI IAY ALY HR-b ERR HRS RICERSHA, MCB TEHLORM TRS RRR Di HG. ITF, RELY SI, PHRMOMmM, ARB RIECC Bf MLUSR——ZACR RRM LID-F NARA RM ER (lV RB NTA Ae ith SA) BLAET VECMR Me A B 2E4am RARRMERE
Slide 52: TOPICS
[%—-EARR TOPICS RAM TLANYIAVITYVYR—b I 2013%11A 54 iis J—EAZI—Jbis, TEESE DSTX-H-IA QL itxonncven TX—-A-1| HSTSEHSEIA | > LANI7 “Bea Copyright (C) 2014 ESPEC CORP. All rights reserved LANYIRASA
Slide 53: TOPICS
[%—-EARR TOPICS Fistha sé L HRM O RE ie = SA | TLFP-FNAT ARMRARM 1 = MR 2013%E11A, FMAM RMAC IC BIER LIP—-F NAAM EMEMR- LSM BICHCL ARERR (FPF INA: IRB, 7A, ARAB) <A RO EI> (SREB LR ) (ST FUL - ARERR ) HR RAB TH 24kKACHIE EMP SND BRE CH Copyright (C) 2014 ESPEC CORP. All rights reserved 53 LANYIRASHA
Slide 54: Product topics
(TOhBR) MRLYVOIPVYF MRLYIYIPVYYF @RO<) e BEARB+t7-ZICLSZHRBET. WH 7 RFKEAWUEBLORO<Y mxkWs<Y at \ KEG MERAL 7. AREURE T. HEH FRO WR. KEE i sree Eh? FYE RRORAICMRNERICE BL BHRIbYATLE MLR PVORKICDREH MER - BILE RBCIYhO—-IL CME CS KR BRYATLSELURE AFFINE LE Copyright (C) 2014 ESPEC CORP. All rights reser
Slide 55: TOPICS
(TOhB] TOPICS ARE Hh) BK ITT BRIA VIARRREVRIELE) ORB 201383 LANY7SYIHRMMALETZALHEBEVLE RROBECRAORRICMITT, FROLBEAS—h Copyright (C) 2014 ESPEC CORP. All rights reserved 55 LANYIRASHA