Seiko Epson Corp. · TSE:6724

Seiko Epson — Q1 FY2017 Earnings Presentation

26 slides from Seiko Epson's earnings presentation, 2017

  1. Slide 1: EPSON Exceed Your Vision

    EPSON EXCEED YOUR VISION 20178 (201843A FA) 531-4 RAS err asta -

  2. Slide 2: Gino rm

    Gino rm B RRB SioMICOWTOFRSIA PREAAC IRAN TSE ROMMICND TS RMU, LMG HAT AF OER SE ROF MCI), MERIT YZIPRHEBMEAAEOTS. CORD, MEOMMISAESESBRICID, RAN RBLEARAGSBREGO WSCLETHMBACKAU, RROMMI PME SATIRE, BRBLUMAOR AIS. DBCHUSITY ORB - HY -CAOMR- LENS SMEOMM, HIRPTACMRLOME, F7/0F-OR, AMOLMULVARNET. BB. RAG BM

  3. Slide 3: 2017 Q1 results

    @ 2017FE S10-FHRE

  4. Slide 4: Consolidated results summary

    RANSTh (551K) EPSON 2016 2017 1Q8#i % 2,390 = 2,548 barat) ae +157 = +6.6% 2.7% 167 66% +102 +159.1% 2.9% 146 5.8% +77 +110.5% 2.7% 144 5.7% +80 +126.9% 1.8% 103 4.0% +61 +145.2% PRNS * Serene

  5. Slide 5: Revenue trend by quarter

    POE RAZ LUSH > BSCIXY hl EPSON 2,390 (2,484) (2,782) (2,590) § c hs? fet + ’ ss se reat: +157 =| > 2 =a al po MFM «+47 CGC) GD) @®& &@ 2016/1Q —«-2016/2Q--2016/3Q = -2016/4Q_~——-2017/19 =n zm = m Se

  6. Slide 6: Revenue by segment

    POE RAFSLINASIERM BD DUYF4YIVVI—-yayAz EPSON 1,573 1,659 (8F)) 2,000 39 1,500 MB54>1>95b 1,000 BaM/TI9~ 500 ° DP: Memmi +50!\" Kem 9D EFI ME LMR WAR 0 ms = — AVRLGQE -4 3 an Se SS |=sipm: com 10% «© oe | PEERS MBA aaa AERC LR 2016/1Q 2017/1Q RM RM SIDM | Sevtal Impact Dot Matrix Printers

  7. Slide 7: Segment revenue detail

    ee & DVYFAyIVVa—-yayAz EPSON (@F1) 2,000 1,500 1,000 500 1,573 11,659 | * AHDVS9-: lichens 4 R-D, FERIA, SAIL BOKEPINCARFS DY COMFILARR i"; MRM +37 © BTV 9—-: LIXVEAIZ YAF-TEMIABII9— 2016/1Q 2017/1Q RM RM

  8. Slide 8: Segment revenue detail

    POE RASS EINSStER > ES AP)PoS1-F7—-yay 416 2016/1Q RM * Jov179-: BIHERET NOMBILABE EF WW IARE Meat +47 L-9- HREM HRIOIII9— 2017/19 zi

  9. Slide 9: Segment revenue detail

    Vv PO RAFS LUSSIER & ULV SI ))-BRIOIIY EPSON ({1@Fa) 404 2016/1Q Bt 2017/1Q Rh LA TOF AAR N HFOMmt +3 © KEETIVAZ : NVA ARERR © EK: DPY FYE * Oth: pRB ech MANIA *IC\YKS-: OF RICHES MFM = =+24 © OAYF : » | PENAL -1 RENEE Cs

  10. Slide 10: Gross profit trend

    PO RA MRsCH RU — i Ses (8) 1,000 (701 | (me. Lumzatt) 29.4% 719| | 766) | 814 31.4% 900 28.9% 27. — ae 0 TH 2016/1Q —2016/2Q 2016/3Q ——-2016/4Q 2017/1Q J meamt +43 sem +21

  11. Slide 11: Operating income trend

    PO-+RAB FAH > BCI XY bGl EPSON (1873) 500 400 64) (192) (283) (117) = Ca meemt +102 2016/1Q = 2016/2Q —-2016/3Q_ =. 2016/4Q_ ~—-2017/1Q

  12. Slide 12: Operating income change analysis

    SiO SRANMMAADA EPSON +12 IRE PHO +83 Rhee [J _ 167 38 Sure — 2016/1Q 2017/1Q *JAhR Oth : IAHR TOMONAEaS

  13. Slide 13: Inventories and assets

    MRK St SARs EPSON east (183) 10,000 5,000 10,062 0 2015/34 pe tes (1873) 2,000 1,000 2015/3% 9,413 8,451 2016/3% 2016/6% 2017/3% 2017/6% a 2016/3% 2016/6% 2017/3 2017/6%

  14. Slide 14: Balance sheet and equity ratio

    MBAS SABRES EPSON BAF AR AATF ARKFE (1873) 4,000 _ 18.5% a a 15.0% ee 2015/3 2016/3% 2016/6% 2017/3% 2017/6% RAO AS Hes IID MATL AB lH LS ({8F3) 49.1% 49.7% 50.2% 50.5% 6,000 e e ~ 4,000 OE «0.3 4,921 0 i 2015/3% 2016/3% 2016/6% 2017/3% 2017/6%

  15. Slide 15: FY2017 forecast

    m 2016 HARE @ 2017FE i6FARIaP ie

  16. Slide 16: FY2017 forecast summary

    2017 iAP — mm (4/28 % «4/28 % «ATF gt ame +451 = +400 - 10,300 - 10,700 +4.4% +3.9% +131 +120 6.4% 670 6.5% 790 7.4% on 0%, 417.9% +81 +120 6.6% 640 6.2% 760 7.1% om 418.8% +85 +120 6.6% 640 6.2% 760 71% 17 6% +18.8% +95 +90 4.7% 490 4.8% S580 5.4% 1, am 418.4% 139.12 164.67 eee is} A 105.00 109.00

  17. Slide 17: FY2017 revenue and profit forecast

    2017F#R RMP > BRLIXAD HG gen [10,248] [10,300] MOPwit +120 +131 12,000 10,000 8,000 6,000 4,000 - 2,000 ’ ae Haat MOP +10 +51 mama mart +90 +148 FY2016 FY2017 FY2017 FY2016 FY2017 FY2017 RA NOAH Sore

  18. Slide 18: FY2017 segment forecast

    2017FE RiP > Bale L Mes ({@F) 8,000 7,000 6,000 5,000 4,000 3,000 Wimatt, MEP -4 -10 MEF +20 WiMte «=—+327 WEFAwtt +280 FY2016 FY2017 FY2017 EA WER SHR betes FY2016 FY2017 DP 81% 83% SIDM 9% 8% 10\"" others 10% 9% Fs TIX PAE posites) FAR DFIIIAWIAADI I — WBTVLI— (POSTUYF—) AER1IF IEF

  19. Slide 19: FY2017 segment forecast

    2017 RAPA > BITC LINA (Fi) 2,000 1,600 [a.7s6 |[ 1.820 | 1,800 — FY2016 FY2017 FY2017 FY2016 FY2017 FY2017 RA HOF SOs RM MOF SOR COX HAE

  20. Slide 20: Multi-year financial trends

    SAFC Bl FEES / ase ES + i AD ES ORME 531 Pr2o13 Frvz014 FY2015 Fr2016 SEY Et) ana Frzois | "FY2017 PACTS aE a 40 to:PRI-9-e 102 1390 o rer tet} OER OLPSI i @RI0997 a 100 toe-2nAm 19 100 "EE ia r a hy ih ens rae mee Fv LN

  21. Slide 21: Multi-year trends

    IU—-Fv9F1-I0—- EPSON (18F3) 1,000 - Oo. 1,000 - SS FY2013 FY2014 FY2015 FY2016 FY2017 2H ah ES Rw Fie a 2 |

  22. Slide 22: ROA, ROS and ROE

    (%) 40.0 30.0 20.0 10.0 0.0 FERRER EPSON “ROA :HEGHEBREE : BM / ARAN CPR) —<=ROS ELIS M HR : PMR / MLR ROE MATA EMMIS Se: RALOMAMC MMI SAMS / MALO BIC MMT SIGs) PIR) 27.7 26.3 10.4 Bee 7. 8.9 . 78 Z 6.4 7.4 FY2013 FY2014 FY2015 FY2016 FY2017 iA Rie a8 RA Fig

  23. Slide 23: Reference

    HEAR

  24. Slide 24: Exchange rates and forecast data

    ERR MIR 108.38 ¥118.79 10.1% ¥109.00 ¥123.00 FY2018 ae ¥115.00 125.00 uso ¥108.38 EUR ¥118.79 mC 968 FCF au 753 SAS 527 ¥109.00 ¥123.00 Epson 25 1B,

  25. Slide 25: Currency sensitivity

    ERRmOMTHA @ RMSLUPAR (HFRBIL) aah USD/EUR DP Ath DP 459 SIDM Ate FOs199— FLUE FAM. OY AOC RKTT. ASP, SOEUR SSS POO FY2016/0 (mh) FY2017/1Q(3m) FY2017/0M(F22) ¥108.38 / ¥118,79 ¥111,08 / #122.12 ¥109,00 / ¥123.00 +5% +7% +9% #920%6/#140% = ¥920%/#945% “1M +10% SR +1 EE “14% +10% HEE +10%BHEN 4% -2% -

  26. Slide 26: EPSON Exceed Your Vision

    EPSON EXCEED YOUR VISION

Seiko Epson — Q1 FY2017 Earnings Presentation on 6ix