Optex Group Company Limited · TSE:6914

Optex — FY2022 Earnings Presentation

37 slides from Optex's earnings presentation, Feb 14, 2023

  1. Slide 1: Summary of F.Y. 2022 Consolidated Financial Results

    Summary of F.Y. 2022 Consolidated Financial Results (Jan.1 to Dec.31, 2022) OPTEX GROUP CO., LTD. February 14, 2023 （Tokyo Stock Exchange Prime Market:#6914） <Disclaimer> The forward-looking statements, including OPTEX CO., LTD.’s operating results, strategies, and business plans, contained in these

  2. Slide 2: Key Points of the Announcement

    Key Points of the Announcement Financial Results of FY2022 - In the SS Business, sales of products for overseas markets remained solid. In the IA business, sales of products for the semiconductor and electronic component industries were strong. In addition, coupled with exchange rate effects, net sa

  3. Slide 3: Agenda: FY2022 Results, Three-Year Plan, Topic

    1．FY2022 Overview of Financial Results 2．Three-Year Management Plan (2023-2025) 3．TOPIC © 2023 OPTEX GROUP CO., LTD. 3

  4. Slide 4: Summary of Consolidated Financial Results of FY2022

    Summary of Consolidated Financial Results of FY2022 Operating Results FY2021 FY2022 Percent Change (Unit: million yen) （1-12）Results （1-12）Results Change Net sales 45,866 54,811 +8,945 +19.5% Operating income 4,630 6,303 +1,673 +36.1% （Operating income Ratio） （10.1%） （11.5%） Ordinary income 5,130 7,

  5. Slide 5: Quarterly performance - Consolidated Net Sales

    Quarterly performance - Consolidated Net Sales (Year-on-year) 13,901 14,343 13,340 13,227 512 274 499 EMS/Other Business 546 422 399 150 116 1,150 11,776 11,817 1,304 782 886 10,974 11,299 449 IA Business(MECT) 301 772 271 826 270 759 3,425 9,668 3,252 3,221 977 3,413 IA Business(IPC) 8,801 311 2,94

  6. Slide 6: Factors of change in Net Sales (Year-on-year)

    Factors of change in Net Sales（Year- on-year） Impact of Exchange Rate IA EMS Other +3,650 54,811 Business Business Business +3,737 +148 +65 SS Business +1,345 45,866 Increase attributable to the acquisition of Mitsutec ＋1,311 FY2021 Consolidated Net Sales FY2022 (1-12) Results +¥8,945 million (1-12)

  7. Slide 7: Factors of change in Operating Income (Year-on-year)

    Factors of change in Operating Income（Year- on-year） Impact of Increase Exchange in Rate Expenses -1,433 Impact of +2,518 Exchange Sales Increase Rate Increase in Cost Rate -1,010 +2,202 -604 6,303 Mainly due to the acquisition of Mitsutec 4,630 Selling, general and Gross operating income administra

  8. Slide 8: Comparison of Financial Results of FY2022 between Segments

    Comparison of Financial Results of FY2022 between Segments FY2021 (1-12）Results FY2022（1-12）Results Operating Operating Operating Results income Percent income Percent Net sales Net sales (Unit: million yen) （Operating Change （Operating Change income Ratio） income Ratio） SS 20,164 2,201 23,465 +16.4

  9. Slide 9: Business by Segment - SS Business (Security Sensors)

    Business by Segment - SS Business(Security Sensors) Region FY2022 (1-12) Overview Quarterly Sales by Region(Unit: million yen) - Projects for critical large-scale critical facilities 4,148 4,110 increased. 4,001 Japan - Sales of outdoor intrusion detectors for security 4,000 3,808 544 companies were

  10. Slide 10: Business by Segment - SS Business (Automatic Door Sensors)

    Business by Segment - SS Business(Automatic Door Sensors) Region FY2022 (1-12) Overview Quarterly Sales by Region(Unit: million yen) - Inquiries remained strong thanks to large automatic 1,420 1,397 Japan door manufacturers in Japan evaluating the stable product supply capabilities highly. 1,264 1,2

  11. Slide 11: Business by Segment - IA Business (FA)

    Business by Segment - IA Business(FA) Region FY2022 (1-12) Overview Quarterly Sales by Region(Unit: million yen) - Sales of products for investment in electric 3,000 2,880 Japan devices, electronics, and semiconductors 2,697 2,710 2,774 increased. 2,631 2,442 2,466 - Sales of displacement sensors fo

  12. Slide 12: Business by Segment - IA Business (MVL)

    Business by Segment - IA Business(MVL) Region FY2022 (1-12) Overview Quarterly Sales by Region(Unit: million yen) 3,413 3,425 - Inquiries about products for electric devices, 3,252 3,221 Japan electronics, and semiconductors increased. 2,943 2,934 3,000 2,723 2,764 - The market share of the French s

  13. Slide 13: Business by Segment - IA Business (IPC)

    Business by Segment - IA Business(IPC) Region FY2022 (1-12) Overview Quarterly Sales by Region(Unit: million yen) 1,304 - Orders increased for industrial PCs for Japan semiconductor manufacturing equipment. 1,150 977 1,000 886 826 772 782 759 To be included in 1,301 consolidated 1,140 results, start

  14. Slide 14: FY2023 Consolidated Earnings Forecasts

    FY2023 Consolidated Earnings Forecasts FY2022 FY2023 YoY (Unit: million yen) Results Forecast Net sales 54,811 60,000 ＋9.5% Operating income 6,303 7,500 ＋19.0% （Operating income Ratio） （11.5%） （12.5%） Ordinary income 7,042 7,600 ＋7.9% Profit attributable to owners of parent 4,752 5,300 ＋11.5% Net in

  15. Slide 15: Shareholder Return

    Shareholder Return +4yen Year-end dividend（¥） 40 Interim dividend（¥） +6yen 36 32.5 30 30 Acquisition of treasury shares 20 2018 2019 2021 18 15 1.5 1.0 1.0 15 15 Amount billion billion billion yen yen yen No. of 700,000 670,000 630,000 shares shares shares shares 18 20 17.5 15 15 2019 2020 2021 2022

  16. Slide 16: Agenda: Three-Year Management Plan

    1．FY2022 Overview of Financial Results 2．Three-Year Management Plan (2023-2025) 3．TOPIC © 2023 OPTEX GROUP CO., LTD. 16

  17. Slide 17: Three-Year Management Plan (2023-2025): Growth of Existing Businesses

    2. Three-Year Management Plan (2023-2025) Growth of Existing Businesses Offering System Solutions SS (Security Sensors) Achievements in 2022 SS (Automatic Door Sensors) Achievements in 2022 Started to provide new products Sales of automatic door remote to partners in Europe. monitoring service incre

  18. Slide 18: Three-Year Management Plan (2023-2025): Acquired Companies

    2. Three-Year Management Plan (2023-2025) Growth of Companies Acquired Synergy with Companies Acquired IA Business (IPC) Sanritz Automation Co., Ltd. Sanritz Automation（IPC）× OPTEX（SS） Introduced remote monitoring camera systems Markets that has been focusing on Achievements in 2022 for critical dom

  19. Slide 19: Three-Year Management Plan (2023-2025)

    Three-Year Management Plan (2023-2025) - Both net sales and operating profit exceeded the plan in 2022 due to growth strategies. - Will continue to promote sales of highly profitable products in 2023 to expand operating profit. - Goal of recording an operating profit of 10.0 billion in 2025 by furth

  20. Slide 20: Agenda: Topic

    1．FY2022 Overview of Financial Results 2．Three-Year Management Plan (2023-2025) 3．TOPIC © 2023 OPTEX GROUP CO., LTD. 20

  21. Slide 21: Change of Representative Directors

    Change of Representative Directors Implementing a generational change to respond to the drastic change of the business environment and to achieve continued growth and expansion. Name New Position Current Position Isamu OPTEX GROUP CO., LTD. OPTEX GROUP CO., LTD. Oguni Chairman President and CEO OPTE

  22. Slide 22: https://www.optexgroup.co.jp/en/

    https://www.optexgroup.co.jp /en /

  23. Slide 23: Company Overview

    Company Overview © 2023 OPTEX GROUP CO., LTD. 23

  24. Slide 24: Company Overview

    Company Overview Company Name OPTEX GROUP CO., LTD. Location Shiga Otsu, Japan The OPTEX Group Established May 25, 1979 is an integrated Capital 2,798 million JPY manufacturer of sensors. Sales 54,811 million JPY To see things what eyes cannot see, that is our business ! Operating Profit 6,303 milli

  25. Slide 25: Trends in Consolidated Performance

    Trends in Consolidated Performance 74,000 2019 - U.S.-China trade tensions, 2020 economic slowdown in China - COVID-19 67,000 - Deceleration in demand for smartphone- related capital investment 60,000 54,811 2016 - Acquired CCS Inc. 45,866 10,000 40,113 (14%) 37,504 37,517 9,000 2008 34,846 (13%) -

  26. Slide 26: Company Overview _ History

    Company Overview _ History 1979 Established OPTEX CO., LTD. 1980 Developed the world's first Automatic Door Sensors with far-infrared Founding members 1985 Founded a subsidiary in California, U.S.A. 1991 Made the company's stock public. 1996 Developed Outdoor Crime Prevention Sensors 2001 Listed on

  27. Slide 27: Holding Company Structure

    SS Business: Sensing Solution Business Holding Company Structure IA Business: Industrial Automation Business Holding Company OPTEX GROUP CO., LTD （Tokyo Stock Exchange Prime Market：#6914） OPTEX CO., LTD. OPTEX FA CO., LTD. CCS Inc. Sanritz Automation MITSUTEC CO., LTD. Co., Ltd. Development/manufac

  28. Slide 28: Company Overview _ Data

    Company Overview _ Data Sales by Product Category Sales by Region 3% EMS/Others IA（MECT）2% IA AMERICAs (IPC) 13% 8% SS Security Asia/ Sensors Oceania IA (MVL) 54.8 29% 14% 54.8 Japan 24% billion yen 45% billion yen (FY2022) SS (FY2022) Automatic Door Sensors SS 10% EMEA IA (FA) Others 28% 20% 4% © 2

  29. Slide 29: Company Overview _ Global Market Share

    Company Overview _ Global Market Share Global niche No.1 Security Automatic door Machine vision sensors sensors lighting 40% Outdoor Intrusion 30% Automatic door 30% LED inspection Detector sensor lighting Infrared sensor Sensor for large-scale Camera sensor critical facilities LED lighting systems

  30. Slide 30: Business Domain _ Security sensors

    Business Domain _ Security sensors Largest market share in the world for outdoor intrusion detectors Residential home・Commercial facilities Residences Offices Alarm [Security company] signal Outdoor sensors Rush to the scene Police alerted in Europe and the United States Important facilities Oil, ga

  31. Slide 31: Business Domain _ Automatic door sensors

    Business Domain _ Automatic door sensors Domestic market share: Over 50% Overseas market share: Over 20% In 1980, we applied far-infrared rays, until Over 60% share Shopping centers then mainly used for military purposes, to of convenience stores automatic door sensors. The world's first Hospitals S

  32. Slide 32: Business Domain _ Factory Automation sensors

    Business Domain _ Factory Automation sensors Provision of sensors for factory automation which help automate factory production processes and save labor Displacement sensors Image sensors Photoelectric sensors Products for the semiconductor and Products for the three-item industries Products for the

  33. Slide 33: Business Domain _ Machine Vision Lighting

    Business Domain _ Machine Vision Lighting CCS produces lighting for image inspection using LED since 1993. Lighting for image inspections* When producing something at a plant, each stage of work requires an “inspection” process. Photos or images of the inspection targets are Letter/shape imaging (Sm

  34. Slide 34: Business Domain _ Industrial Computers

    Business Domain _Industrial Computers Provision of products that are highly reliable in terms of environmental durability, noise insulation, and other factors. Our competitive edge is that we highlight long-term technical support services based on a wealth of expertise on the development of hardware

  35. Slide 35: Business Domain _ Mechatronics

    Business Domain _Mechatronics Automation Systems Image Processing Inspection Systems "Motion technology" Boasting advanced mechatronics technology to move things ✓ High-speed/high-precision filling technology × ✓ High-speed material handling technology, etc. "Vision technology" to see things → High

  36. Slide 36: Environment Social Governance

    ESG’s Efforts _ We are proactively addressing ESG issues to enhance our corporate value. See our ESG report here. Environment Social Governance Initiatives to tackle environmental issues Initiatives for social issues Corporate governance initiatives [Support for the TCFD Recommendations] Aiming to b

  37. Slide 37: https://www.optexgroup.co.jp/en/

    https://www.optexgroup.co.jp /en /

Optex Group — FY2022 Earnings Presentation on 6ix