Ulvac, Inc. · TSE:6728

Ulvac — H1 FY2006 Earnings Presentation

35 slides from Ulvac's earnings presentation, Feb 21, 2006

  1. Slide 1: Copyright ©2006,ULVAC,Inc.

    6728 2006 6 2006 2 20 FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 1

  2. Slide 2: Copyright ©2006,ULVAC,Inc.

    FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 2

  3. Slide 3: Copyright ©2006,ULVAC,Inc.

    06 6 FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 3

  4. Slide 4: Copyright ©2006,ULVAC,Inc.

    06/6 Â Â FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 4

  5. Slide 5: Copyright ©2006,ULVAC,Inc.

    06/6 05/6 05/6 06/6 06/6 06/6 06/6 05/6 05/6 983 1,020 1,122 +14% 2,062 2,260 +10% (+10%) 933 1,000 958 +3% 1,968 2,100 +7% (-4%) 81 28 32 -61% 153 131 -14% (+13%) 81 26 33 -60% 124 126 +1% (+25%) 52 9 15 -71% 71 71 -1% (+67%) FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 5

  6. Slide 6: +3% Copyright ©2006,ULVAC,Inc.

    1,000 121 140 800 50 65 129 135 600 118 136 400 515 482 200 0 05/6 06/6 05/6 05/6 (( )) 06/6 06/6 (( )) 515 515 55% 55% 482 482 50% 50% % % 118 118 13% 13% 136 136 14% 14% +15% +15% 129 129 14% 14% 135 135 14% 14% +5% +5% 50 50 5% 5% 65 65 7% +32% 7% +32% 121 121 13% 13% 140 140 15% 15% +16% +16% FY

  7. Slide 7: Copyright ©2006,ULVAC,Inc.

    1,400 1,200 1,000 800 600 1,079 1,122 1,138 991 983 400 821 780 791 632 698 586 492 200 0 01/6 02/6 03/6 04/6 05/6 06/6 FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 7

  8. Slide 8: Copyright ©2006,ULVAC,Inc.

    1,200 139 151 1,000 139 144 114 89 102 71 55 71 137 800 127 138 97 121 130 112 130 137 69 135 121 600 109 88 400 630 628 610 559 547 200 429 0 04/6 05/6 06/6 FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 8

  9. Slide 9: FPD

    1,000 500 * EL FED Point Point •• •• ** •• 0 FPD FPD 05/6 06/6 FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc. 9

  10. Slide 10: Copyright ©2006,ULVAC,Inc.

    1,200 1,000 800 600 1,111 1,107 874 922 400 833 820 695 599 610 616 498 200 418 0 01/6 02/6 03/6 04/6 05/6 06/6 FY05FHIRPRSN060220 10 Copyright ©2006,ULVAC,Inc.

  11. Slide 11: Copyright ©2006,ULVAC,Inc.

    1,200 1,000 800 600 1,142 1,036 933 958 865 868 400 773 670 711 609 591 502 200 0 01/6 02/6 03/6 04/6 05/6 06/6 FY05FHIRPRSN060220 11 Copyright ©2006,ULVAC,Inc.

  12. Slide 12: Copyright ©2006,ULVAC,Inc.

    1,200 150 1,000 143 95 121 140 78 135 800 133 50 65 122 118 73 129 114 135 106 62 109 129 600 51 118 100 136 101 104 104 123 400 48 97 81 648 565 58 515 482 449 200 370 355 211 0 03/6 04/6 05/6 06/6 FY05FHIRPRSN060220 12 Copyright ©2006,ULVAC,Inc.

  13. Slide 13: FPD

    1,000 500 Point Point •• •• •• 0 FPD FPD 05/6 06/6 4Q 4Q FY05FHIRPRSN060220 13 Copyright ©2006,ULVAC,Inc.

  14. Slide 14: Copyright ©2006,ULVAC,Inc.

    600 400 200 0 05/6 06/6 05/6 FY05FHIRPRSN060220 14 Copyright ©2006,ULVAC,Inc.

  15. Slide 15: Glass substrate generations 5G-8G

    100% 7G 80% 60% 6G 40% mm mm 5G 5G 5G :1100 :1100 1300 1300 6G 6G :1500 :1500 1850 1850 20% 7G 7G 1870 1870 2200 2200 5G 7.5G 7.5G 1950 1950 2250 2250 8G 8G 2100 2100 2400 2400 0% '03/6 '04/6 05/6 06/6 FY05FHIRPRSN060220 15 Copyright ©2006,ULVAC,Inc.

  16. Slide 16: Copyright ©2006,ULVAC,Inc.

    100 0 05/6 06/6 05/6 06/6 FY05FHIRPRSN060220 16 Copyright ©2006,ULVAC,Inc.

  17. Slide 17: Copyright ©2006,ULVAC,Inc.

    200 100 0 05/6 06/6 05/6 06/6 FY05FHIRPRSN060220 17 Copyright ©2006,ULVAC,Inc.

  18. Slide 18: Copyright ©2006,ULVAC,Inc.

    05/6 06/6 30% 19% 49% 57% 12% 16% 3% 5% 3% 2 2 3% 1 05/6 06/6 968 553 597 190 231 151 94 25 21 15 57 24 1,968 958 FY05FHIRPRSN060220 18 Copyright ©2006,ULVAC,Inc.

  19. Slide 19: 5G 6G 7G

    25 20 06/6 06/6 21.8 20.7 20.6 19.6 19.7 15 17.8 18.2 16.4 16.8 6G 14.4 8.7 8.7 6G 7G 7G 10 8.1 7.1 6.9 5.3 3.5 3.3 5 0 2.1 3.1 -5 02/6 03/6 04/6 05/6 06/6 25 5G 5G 6G 6G 20 21.3 20.7 7G 7G 18.8 18.9 19.0 18.9 15 16.2 10 5 6.9 7.8 6.2 1.8 5.4 6.2 3.7 0 00/6 01/6 02/6 03/6 04/6 05/6 06/6 FY05FHIRPRSN

  20. Slide 20: Copyright ©2006,ULVAC,Inc.

    05/6 05/6 05/6 05/6 06/6 06/6 (( 1,569 1,569 1,472 1,472 1,631 1,631 159 159 234 234 175 175 153 153 23 23 641 641 686 686 739 739 53 53 590 590 525 525 666 666 141 141 31 31 45 45 41 41 44 76 76 44 44 36 36 88 22 22 22 681 681 770 770 824 824 53 53 479 479 539 539 562 562 24 24 207 207 228 228 245

  21. Slide 21: CP CP

    05/6 05/6 (( 05/6 05/6 06/6 06/6 (( 1,231 1,231 1,185 1,185 1,326 1,326 142 142 590 590 553 553 601 601 48 48 335 335 320 320 322 322 11 25 25 25 25 -- 25 25 -- -- 100 100 100 100 31 31 47 47 26 26 21 21 00 00 00 00 CP CP 70 70 69 69 147 147 78 78 11 11 13 13 14 14 11 21 21 23 23 27 27 44 149 149 13

  22. Slide 22: Cash flow and FCF

    CF 189 139 141 125 96 CF - 48 100 103 62 52 6 -48 35 36 -56 -26 -96 -36 -79 78 -100 -84 -89 -118 -122 -159 -144 132 FCF -183 -243 CF -204 40 -300 1000 80% 793 CF - 96 800 739 753 699 691 60% 636 612581 638 14 600 43.6% 39.7% 618 525 387 35.1% 30.5% 40% 25 32.9% 30.7% 32.3% 400 29.0% 64 24.1% 22.0% 2

  23. Slide 23: Copyright ©2006,ULVAC,Inc.

    06 6 FY05FHIRPRSN060220 23 Copyright ©2006,ULVAC,Inc.

  24. Slide 24: FY05FHIRPRSN060220

    1 2 CS 05/11 05/9 2 5 5 FY05FHIRPRSN060220 24 Copyright ©2006,ULVAC,Inc.

  25. Slide 25: Copyright ©2006,ULVAC,Inc.

    05/9 4 ( 06/4 FY05FHIRPRSN060220 25 Copyright ©2006,ULVAC,Inc.

  26. Slide 26: FPD CS

    CS FPD 06/7 07/1 8 10 FY05FHIRPRSN060220 26 Copyright ©2006,ULVAC,Inc.

  27. Slide 27: M&A Litrex100

    M&A Litrex100 05/11 FY05FHIRPRSN060220 27 Copyright ©2006,ULVAC,Inc.

  28. Slide 28: ULVAC THAILAND, LTD

    ULVAC THAILAND,LTD 6 05/11 05/11 06/10 10 28 FY05FHIRPRSN060220 Copyright ©2006,ULVAC,Inc.

  29. Slide 29: Copyright ©2006,ULVAC,Inc.

    06 6 FY05FHIRPRSN060220 29 Copyright ©2006,ULVAC,Inc.

  30. Slide 30: SEAJ

    30,000 80% 25,000 60% 40% 20,000 20% 15,000 0% 10,000 -20% 5,000 -40% 0 -60% 93 94 95 96 97 98 99 '00 '01 '02 '03 '04 '05 '06 '07 '08 :2006 1 FY05FHIRPRSN060220 SEAJ 30 Copyright ©2006,ULVAC,Inc.

  31. Slide 31: 4G 5G 6G

    100% 4G 5G 80% 6G 60% 7G 40% 7.5G 20% 8G 0% '01 '02 '03 '04 05 06 07 08 09 8G 7.5G 7G 6G 5G 4G 3.5G 3.25G 3G 2.5G 2G 1G 2005 12 FY05FHIRPRSN060220 The 10th DisplaySearch Japan Forum 31 Copyright ©2006,ULVAC,Inc.

  32. Slide 32: MEMS OEM

    MEMS OEM FY05FHIRPRSN060220 32 Copyright ©2006,ULVAC,Inc.

  33. Slide 33: FPD

    FPD 05/6 06/6 06/6 1. 62 40 110 MEMS 2. 37 25 60 IC 3. *1 50 21 140 FPD 4. OEM 490 260 500 OEM*2 *1 05/6 06/6 *2 FY05FHIRPRSN060220 33 Copyright ©2006,ULVAC,Inc.

  34. Slide 34: OEM CS

    1. 2. 3. 05/9 05/11 4. OEM CS 05/9 06/7 05/11 FY05FHIRPRSN060220 34 Copyright ©2006,ULVAC,Inc.

  35. Slide 35: Copyright ©2006,ULVAC,Inc.

    FY05FHIRPRSN060220 35 Copyright ©2006,ULVAC,Inc.

ULVAC — H1 FY2006 Earnings Presentation on 6ix