Slide 1: Financial Results Presentation Slides for the Year Ended in March, 2023
Financial Results Presentation Slides for the Year Ended in March, 2023 Harada Industry Co., Ltd. June 29, 2023 This slides contains forward looking statements based on prerequisites, forecasts and plans available as of June 29, 2023. Actual results may differ materially from forward looking stateme
Slide 2: Contents
Contents I. Corporate Overview 1. Corporate Profile 2. Global Network 3. Major Products Il. Financial Results for FY2022 and Financial Plan for FY2023 (Consolidated) 1. Net Sales Trend 2. Summary of Consolidated Statement of Income 3. Summary of Consolidated Balance Sheet 4. Sales Breakdown by Repor
Slide 3: I. Corporate Overview
|. Corporate Overview HARADA
Slide 4: 1. Corporate Profile
1. Corporate Profile ◆ Established March 1958 ◆ Headquarters Omori Bellport B-4F, 26-2 Minami-Ohi, 6-Chome Shinagawa- ku, Tokyo, Japan ◆ Capital Stock 2,019 million yen ◆ Consolidated Overseas: 10 Subsidiaries (Sales Companies: U.S.A., U.K., Thailand, etc.) (Plants: China, Philippines, Vietnam and M
Slide 5: 2. Global Network
2. Global Network UK Birmingham US China Detroit Germany Dalian Cologne China Japan Shanghai Tokyo, etc. Thailand Bangkok Philippines Mexico Taiwan Queretaro Cavite Vietnam Dong Nai Singapore Sales R&D Manufacturing Other 5
Slide 6: 3. Major Products 1
3. Major Products 1 LPA (Low Profile Antenna) Support for multi- band antennas including: Cellular 4G-LTE, DSRC V2X, GNSS and Broadcasting (AM, FM, DAB and SDARS). Rod Type Antenna Support for multi- band antennas including: Cellular 4G-LTE, DSRC V2X, GNSS and Broadcasting (AM, FM, DAB and SDARS). I
Slide 7: 3. Major Products 2
3. Major Products 2 Amplifier for Screen Type Antenna Film Antenna for DTV Integrated Type (Hidden) Antenna Setting location: plastic roof panel, into spoiler, trunk lid or bumper. Support for multi-band antennas including: Cellular 4G-LTE, DSRC V2X, GNSS and Broadcasting (AM, FM, DAB and SDARS). 7
Slide 8: 3. Major Products 3
3. Major Products 3 Coaxial Cables Connecting antennas and audio units. Routing design, design and development to in-house manufacturing and assembly of components. CCA (Copper Clad Aluminum) Cables The core of braided wire uses aluminum while copper cladded on the outer that enables lighter weight,
Slide 9: II. Financial Results for FY2022 and Financial Plan for FY2023 (Consolidated)
II. Financial Results for FY2022 and Financial Plan for FY2023 (Consolidated) Current consolidated fiscal year is from April 2022 to March 2023 for the Company and from January to December 2022 for overseas consolidated subsidiaries. 9
Slide 10: 1. Net Sales Trend
1. Net Sales Trend 500 Europe North and Central Americas Asia Japan (Hundred millions of yen) ■Forecasts 432 429 431 408 411 421 397 42 41 39 400 400 364 39 43 58 38 358 347 31 127 124 43 48 147 123 300 132 129 119 118 96 97 200 115 112 108 86 90 106 117 91 75 83 100 136 144 155 151 152 123 120 124
Slide 11: 2. Summary of Consolidated Statement of Income
2. Summary of Consolidated Statement of Income (Millions of yen) FY2021 FY2022 Previous Current Increase Main factors year year or in increase or decrease Composition Composition decrease ratio (%) ratio (%) - Japan: 2,311 35,811 42,105 6,293 - Asia: 706 (currency effect: 1,285) Net sales - North an
Slide 12: 3. Summary of Consolidated Balance Sheet
3. Summary of Consolidated Balance Sheet (Millions of yen) FY2021 Component FY2022 Component Increase Previous ratio Current ratio or year (%) year (%) decrease Current assets 26,378 73.4% 29,708 74.0% 3,330 Non-current assets 9,564 26.6% 10,423 26.0% 858 Total assets 35,942 100.0% 40,131 100.0% 4,1
Slide 13: 4. Sales Breakdown by Reportable Segments
4. Sales Breakdown by Reportable Segments FY2021 Previous year Europe (Millions of yen) Europe 13.4% North 12.5% Japan North Japan Previous Current and and 36.1% Central 37.9% year year Central Americas Americas Asia Asia 27.9% Increase Impact of 27.2% 21.7% 23.3% Net FY2021 FY2022 or foreign change
Slide 14: 5. Consolidated Cash Flow Trend
5. Consolidated Cash Flow Trend (Millions of yen) 5,000 Cash flows from operating activities 4,000 Cash flows from investing activities Cash flows from financing activities 3,000 2,000 1,000 0 (1,000) (2,000) (3,000) (4,000) FY2013 14 15 16 17 18 19 20 21 22 Previous Current year year FY2013 14 15 1
Slide 15: 6. Capital Expenditure Trend 7. Depreciation Trend
6. Capital Expenditure Trend (Millions of yen) 2,500 1,994 2,000 1,621 1,500 1,252 1,297 1,035 1,038 1,000 801 874 667 691 500 0 FY2013 14 15 16 17 18 19 20 21 22 7. Depreciation Trend (Millions of yen) 1,500 1,345 1,094 1,120 1,024 980 1,009 1,000 886 871 867 758 500 0 FY2013 14 15 16 17 18 19 20 2
Slide 16: 8. Research and Development Expense Trend
8. Research and Development Expense Trend (Millions of yen) 2,000 1,585 1,564 1,519 1,465 1,421 1,500 1,354 1,339 1,219 976 1,041 1,000 500 0 FY2013 14 15 16 17 18 19 20 21 22 16
Slide 17: 9. Foreign Exchange Rate Trend
9. Foreign Exchange Rate Trend Current Rate US$ Stg.£ RMB (Yen) 300 24 19.35 19.02 18.34 250 17.36 16.77 17.31 18.07 20 16.15 15.67 15.89 200 173.80 187.20 16 155.19 160.40 178.73 143.07 152.07 140.47 143.52 150 139.79 12 100 120.62 120.60 116.55 113.06 115.00 132.70 8 105.40 111.00 109.56 103.51 50
Slide 18: Reference
Reference HARADA 18
Slide 19: 1. Automobile Manufacturing Trend (Results and Forecasts)
1. Automobile Manufacturing Trend (Results and Forecasts) Japan Asia (Thousands) (Thousands) 11,000 50,000 10,000 45,000 43,930 9,000 40,000 39,127 8,000 7,766 35,000 7,000 7,567 30,000 25,000 6,000 20,000 5,000 2020 2021 2022 2023 2024 2025 2026 2020 2021 2022 2023 2024 2025 2026 North and So
Slide 20: 2. Crude Oil, WTI Price Trend 3. Copper Price Trend
2. Crude Oil, WTI Price Trend (US$/bbl) 120.00 100.00 80.00 60.00 40.00 20.00 0.00 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 3. Copper Price Trend (US$/mt) 12,000.00 10,000.00 8,000.00 6,000.00 4,000.00 2,000.00 0.00 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 20
Slide 21: Forward looking statements notice
This slides contains forward looking statements based on prerequisites, forecasts and plans available as of June 29, 2023. Actual results may differ materially from forward looking statements described here due to risks and variable factors associated to global economic conditions, a competitive env