Slide 1: Performance Review - Second Quarter 2014
Thank you for coming to IR meeting of Sumida Corporation! I’m Shiggi Yawata, CEO of Sumida Corporation. Today, I will present you highlights of fiscal 2014 second quarter performance for Sumida Group on a consolidated basis as well as future growth strategies by market segment. Sumida Corporation Pe
Slide 2: Consolidated P/L
Consolidated P/L Automotive-related, our primary business continued to be strong in Europe and in North America （Million yen） 2Q-2013 2Q-2014 Change Sales 16,021 18,986 +2,964 +18.5% Operating income 449 808 +359 +80.0% Ratio (%) 2.8% 4.3% - +1.5% Ordinary Income 332 641 +308 +92.5% Net Income △2,08
Slide 3: Operating Income Analysis 2Q-2013 to 2Q-2014
Operating Income Analysis 2Q- 2Q-2013→ 2013→2Q- 2Q-2014 （Million yen） Copper Price DOWN +130 Productivity UP Others Ex. Rates +65 +19 +45 China Revenue Up wages/welfare Operating +280 UP Income -180 808 Operating Income 449 2Q-2013 2Q-2014 Copyright© 2014 SUMIDA CORPORATION. All rights reserved. 4 T
Slide 4: Operating Income Analysis 1Q-2014 to 2Q-2014
Operating Income Analysis 1Q-2014→2Q-2014 Million yen Copper Price DOWN Others +124 +10 Productivity China UP Wages +100 UP Operating -60 Income Revenue UP 808 +110 Operating Income 524 １Q-2014 2Q-2014 Copyright© 2014 SUMIDA CORPORATION. All rights reserved. 5 This is the same operating income analy
Slide 5: Consolidated Cash Flow (Jan-Jun)
Consolidated Cash Flow (Jan-Jun) （Million yen) 2013 2014 Jan- Jan-Jun Jan- Jan-Jun Cash Flow from operating activities 1,338 1,318 Income before taxes 50 1,084 Depreciation 1,368 1,572 Net working capital 190 △1,207 Others △271 △130 Cash Flow from investing activities △1,434 △2,503 Capital investmen
Slide 6: Sales by Market Segment
Sales by Market Segment With Automotive continued growing and Consumer Electronics making a recovery, total sales renewed record quarterly sales in the two consecutive quarters. Quarterly Sales by Market Segment • Automotive -Strong in Europe with Germany’s （Million yen） domestic new car sales growi
Slide 7: Sales by Region
Sales by Region Strong Automotive sales in Europe and in North America • North America Quarterly Sales by Region -Rapid growth in smart entry due to its introduction by U.S. auto makers as standard feature or strategically low-price （Million yen） option Japan Asia Europe North America 8,000 • Japan
Slide 8: Growth Strategies by Market Segment
Growth Strategies by Market Segment • Automotive (60.5% of total sales) Focus on increase of market shares Samrt entry ☞Sumida has 60% share of smart Others entry that continues expanding due to its introduction by US auto makers as standard feature or strategically low-price option ☞Sumida has 30%
Slide 9: Growth Strategies by Market Segment
Growth Strategies by Market Segment • Consumer Electronics (23.0% of total sales) ☞Launch high-added-value module products into market ☞Continue to expand smartphone and tablet PC ☞Expand business with local manufacturers in China • Industry (16.5% of total sales) Focus on expanding industry market
Slide 10: Medical/Healthcare market
Medical/Healthcare market. 10
Slide 11: Next Mid-Term Business Plan
Next Mid-term Business Plan Next Mid-Term Business Plan (2015-2017) is being worked out based on the growth strategies and scheduled to be announced at end of October, ２０１4 Copyright© 2014 SUMIDA CORPORATION. All rights reserved. 11 As the current Mid-Term Business Plan (2012-2014) comes to an end a