Unipres Corporation · TSE:5949

Unipres — Q2 FY2022 Earnings Presentation

29 slides from Unipres's earnings presentation, 2022

  1. Slide 1: FY2022 2nd Quarter Financial Results

    FY2022 2nd Quarter Financial Results

  2. Slide 2: FY2022 2Q Financial Results / Forecast of FY2022

    FY2022 2Q Financial Results Forecast of FY2022 Copyright© UNIPRES CORPORATION, All Rights Reserved. 2

  3. Slide 3: FY2022 2Q Financial Results

    FY2022 2Q Financial Results Copyright© UNIPRES CORPORATION, All Rights Reserved. 3

  4. Slide 4: Key Highlights for Q2, FY2022 (consolidated-basis)

    Key Highlights for Q2, FY2022 (consolidated-basis) Net sales increased to 133.1 billion yen due to positive exchange rate and other factors, although the impact of production cutbacks by customers due to global semiconductor supply shortages remained. Operating income was a loss of 2.7 billion yen,

  5. Slide 5: Summary of Q2, FY2022

    Summary of Q2, FY2022  Net sales increased by 13.8 billion yen (+11.6%) compared with the same period of the previous year.  Operating profit improved by 5.2 billion yen compared with the same period of the previous year. Financial in business results Net Sales (billion yen 20 200 Operating profit

  6. Slide 6: Consolidated Sales by Product Group

    Consolidated Sales by Product Group (billion yen) 2Q, FY2021 2Q, FY2022 Variance Variance % % % Sales Sales Car body press products 100.6 84.3% 115.1 86.5% +14.5 +2.2% Transmission products 16.3 13.7% 15.6 11.7% -0.7 -2.0% Plastic 1.4 1.2% 1.4 1.1% 0.0 -0.1% products Other 1.0 0.8% 1.0 0.7% 0.0 -0.1

  7. Slide 7: Consolidated Sales by Customer (Nissan Motor-related products)

    Consolidated Sales by Customer（Nissan Motor-related products）  The composition ratio decreased by 1.5% mainly due to declining sales of Nissan Mexicana and Nissan Europe. (billion yen) 2Q, FY2021 2Q, FY2022 Variance Sales % Sales % Nissan Motor-related products 95.7 80.2% 104.8 78.7% -1.5% Sub-tota

  8. Slide 8: Consolidated Sales by Customer (Other Customers)

    Consolidated Sales by Customer ( Other Customers)  The composition ratio rose by 1.5% due to increased sales of MITSUBISHI MOTORS CORPORATION. (billion yen) 2Q, FY2021 2Q, FY2022 Variance Sales % Sales % Other Customers Sub-total 23.6 19.8% 28.3 21.3% +1.5% Incl.) Honda of America Mfg., Inc. 2.3 1.

  9. Slide 9: Operating Profit Variance Analysis

    Operating Profit Variance Analysis (billion yen) 5 ※ Initial cost for new car model parts :0 0 -2.7 -7.9 2.7 -5 -1.3 0.7 1.4 2.2 -0.2 -0.2 -0.1 -10 reinforcement Production adjustment Consolidation & model mix etc. Volume fluctuation SG&A Forex amortization Depreciation/ Others Cost saving FY2021 FY

  10. Slide 10: Net Sales/Operating Profit by Region (Japan)

    Net Sales/Operating Profit by Region (Japan)  Net sales increased by 42.9% mainly due to reduced impact of semiconductor supply shortages.  Operating loss was 2.2 billion yen because of new model parts launching cost. Net Sales （億円）yen) (billion Operating profit 100 5 first half first half second

  11. Slide 11: Net Sales/Operating Profit by Region (The Americas)

    Net Sales/Operating Profit by Region (The Americas)  Net sales increased by 6.3% mainly due to Forex impact.  2.1 billion yen improvement in operating profit was achieved through the efforts of cost saving. Net Sales Operating profit 100 first half 5 first half second half second half 67.6 69.4 -0

  12. Slide 12: Net Sales/Operating Profit by Region (Europe)

    Net Sales/Operating Profit by Region (Europe)  Net sales decreased by 9.5% due to decreased sales of dies and equipment despite Forex impact.  2.4 billion yen improvement in operating profit was achieved through the efforts of cost saving. (billion yen) Net sales (billion yen) Operating profit 40

  13. Slide 13: Net Sales/Operating Profit by Region (Asia)

    Net Sales/Operating Profit by Region (Asia)  Net sales increased by 1.7% mainly due to Forex impact despite the impact of reduced production by customers due to the Shanghai lockdown and other factors.  Operating profit decreased by 0.9 billion yen mainly due to the efforts of volume fluctuation.

  14. Slide 14: Capital Investment

    Capital Investment (billion yen) 40 Domestic Overseas 30.7 30 9.8 20 18.8 16.7 14.0 6.4 6.2 3.6 10.8 10 20.9 3.4 8.0 3.0 12.4 10.5 10.4 3.6 7.4 5.0 2.4 0 1.2 FY2020 FY2020 FY2020 FY2021 FY2021 FY2021 FY2022 1st half 2nd half 1st half 2nd half 1st half Copyright© UNIPRES CORPORATION, All Rights Reser

  15. Slide 15: Capital Investment & Depreciation / Amortization

    Capital Investment & Depreciation / Amortization (billion yen) 40 Capital investment Depreciation/amortization 30 Annual plan （22.2） Annual plan 20 (18.0) 30.7 10 21.2 20.2 18.8 11.2 3.6 0 FY2020 FY2021 FY2022 FY2022 1st half Copyright© UNIPRES CORPORATION, All Rights Reserved. 15

  16. Slide 16: Cash Flows

    Cash Flows (billion yen) 40 Cash flow from operating activities Cash flow from investing activities Free cash flow 30 20 1.2 28.2 10 4.5 14.6 14.813.6 17.118.9 10.6 12.8 6.1 8.3 9.5 5.7 4.3 3.4 0 -6.3 -1.8 -9.1 -10 -22.5 -23.7 -20 -30 FY2020 FY2020 FY2020 FY2021 FY2021 FY2021 FY2022 1st half 2nd hal

  17. Slide 17: Interest-bearing Debt & Net Interest-bearing Debt Balance

    Interest-bearing Debt & Net Interest-bearing Debt Balance  Interest-bearing debts increased by 2.7 billion yen compared with the end-March, 2022.  Net interest-bearing debts including cash and deposits was 51.4 billion yen. (billion yen)100 Long-term loans payable Interest-bearing debt balance Sho

  18. Slide 18: Changes in Equity-to-total Assets

    Changes in Equity-to-total Assets  The ratio increased by 1.7% to 42.3% compared to the end of March 2022. (%) 60 50 40.9 42.3 41.5 40.8 40.6 40 30 End-September, End-March, End-September, End-March, End-September, 2020 2021 2021 2022 2022 Copyright© UNIPRES CORPORATION, All Rights Reserved. 18

  19. Slide 19: Forecast of FY2022

    Forecast of FY2022 Copyright© UNIPRES CORPORATION, All Rights Reserved. 19

  20. Slide 20: Forecast of Fiscal Year 2022

    Forecast of Fiscal Year 2022 １. Although the situation remains uncertain due to unstable factors such as semiconductor supply shortages, rising resource prices, and the situation in Ukraine, net sales are forecast to increase as customers’ production is expected to recover. ２. Operating profit is fo

  21. Slide 21: Consolidated Business Forecast for FY2022

    Consolidated Business Forecast for FY2022 Transition in business results 40 400 Net sales (billion yen) Net sales 314.0 292.0 Operating profit (billion yen) 30 234.5 254.4 300 20 200 営 業 10 100 利 Operating profit 益 0 6.3 3.0 0 （ -7.5 億 -11.3 円 -10 -100 ） -20 -200 FY2022 FY2022 FY2020 FY2021（A） （B）-（

  22. Slide 22: Forecast of Operating Profit Variance Analysis

    Forecast of Operating Profit Variance Analysis (billion yen) 10 ※ Initial cost for new car model parts :0 5 3.0 -3.0 4.1 0 10.0 -2.6 0.5 1.6 0.5 -7.5 -0.6 -5 -10 Forex reinforcement Production Others Cost saving adjustment Consolidation & model mix etc. Volume fluctuation amortization Depreciation/

  23. Slide 23: Net Sales/Operating Profit by Region (Japan)

    Net Sales/Operating Profit by Region (Japan)  Net sales growth is projected based on the impact of customers’ production increase.  Operating profit is projected to grow through sales increase and cost reduction efforts. (billion yen) Net sales (billion yen) Operating profit 120 10 -0.3 80 0 -5.4

  24. Slide 24: Net Sales/Operating Profit by Region (the Americas)

    Net Sales/Operating Profit by Region (the Americas)  Net sales growth is projected based on Forex impact.  Operating profit is projected to grow through sales increase and cost reduction efforts. (billion yen) Net sales (billion yen) Operating profit 100 10 5 1.6 50 0 -2.3 -0.7 83.4 67.6 69.4 -5 0

  25. Slide 25: Net Sales/Operating Profit by Region (Europe)

    Net Sales/Operating Profit by Region (Europe)  Net sales growth is projected as the customers’ production increase.  Operating profit is projected to grow through sales increase and cost reduction efforts. (billion yen) Net sales (billion yen) Operating profit 50 2 40 0 -0.5 30 -2 -3.6 -4.1 43.1 2

  26. Slide 26: Net Sales/Operating Profit by Region (Asia)

    Net Sales/Operating Profit by Region (Asia)  Net sales growth is projected based on Forex impact despite the impact of reduced production by customers due to the Shanghai lockdown and other factors.  Operating profit projected to be lower due to the cost of new base in China. (billion yen) Net sal

  27. Slide 27: IR News Mail

    IR News Mail Unipres IR News Mail is an email service that offers you the latest information about Unipres. Please subscribe to our IR News Mail. Phone PC Scan two Click the banner dimensional on the top page of code to Unipres website subscribe 27

  28. Slide 28: Reference

    Exchange rate Reference (yen) Preconditions of 2Q, FY2021 2Q, FY2022 FY2022 forecast Average for Average for At first Full year the period term end the period term end US $ 110.13 111.95 135.31 144.81 115.00 136.99 STG ￡ 150.79 153.22 159.89 165.78 150.00 161.01 EURO 130.47 131.63 135.14 142.65 130.

  29. Slide 29: Precautions for treatment of material

    Precautions for treatment of material The future outlook of the Company mentioned in this presentation material was prepared based on information available to the Company that point in time. This is absolutely an expectation about the future at this point in time, which contains risks and uncertain

Unipres — Q2 FY2022 Earnings Presentation on 6ix