Unipres Corporation · TSE:5949

Unipres — Q1 FY2024 Earnings Presentation

23 slides from Unipres's earnings presentation, 2024

  1. Slide 1: FY2024 1st Quarter Financial Results

    FY2024 1st Quarter Financial Results

  2. Slide 2: FY2024 Q1 Financial Results / Forecast of FY2024

    FY2024 Q1 Financial Results Forecast of FY2024 Copyright© UNIPRES CORPORATION, All Rights Reserved. 2

  3. Slide 3: FY2024 Q1 Financial Results

    FY2024 Q1 Financial Results Copyright© UNIPRES CORPORATION, All Rights Reserved. 3

  4. Slide 4: Key Highlights for Q1, FY2024 (consolidated-basis)

    Key Highlights for Q1, FY2024 (consolidated-basis) Sales increased to 81.4 billion yen mainly due to positive exchange rate. Operating profit increased to 3.2 billion yen due to the cost saving and other factors. Copyright© UNIPRES CORPORATION, All Rights Reserved. 4

  5. Slide 5: Summary of Q1, FY2024

    Summary of Q1, FY2024  Net sales increased by 0.5 billion yen (+0.6%) year-over-year.  Operating profit increased by 0.4 billion yen year-over-year. 6 120 Operating profit (billion yen) Net sales 81.4 Net Sales (billion yen 80.9 4 62.2 80 2 40 2.8 3.2 Operating profit 0 0 -1.1 ） -2 -40 Q1, FY2022

  6. Slide 6: Consolidated Sales by Product Group

    Consolidated Sales by Product Group (billion yen) Q1, FY2023 Q1, FY2024 Variance Variance % % % Sales Sales Car body press parts 71.1 87.9% 71.2 87.5% +0.1 -0.4% Transmission parts 8.5 10.5% 8.7 10.6% +0.2 +0.1% Plastic 0.9 1.1% 1.1 1.4% +0.2 +0.3% parts Other 0.4 0.5% 0.4 0.5% 0.0 0.0% Total 80.9 1

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

    Consolidated Sales by Customer (Nissan Motor-related Products)  Despite sales decrease of Dongfeng Motor Company Limited and Nissan Motor, an increase of sales of Nissan Mexicana and Nissan SHATAI resulted in no change in the composition ratio. (billion yen) Q1, FY2023 Q1, FY2024 Variance Sales % S

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

    Consolidated Sales by Customer (Other customers)  In spite of a slight increase in sales due to increasing sales of Renault and Honda of America Mfg., Inc., Q1, FY2023 Q1, FY2024 there is no change in the composition ratio. Variance (billion yen) Sales % Sales % Other customers Sub-total 19.3 23.9%

  9. Slide 9: Operating Profit Variance Analysis

    Operating Profit Variance Analysis (billion yen) 5 Production reinforcement:0 Consolidation adjustment:0 4 3 1.1 2 -1.9 1.0 3.2 2.8 1 -0.2 0.7 -0.1 -0.2 0 & model mix etc. Volume fluctuation Forex amortization Depreciation/ Others Cost saving car model parts Initial cost for new FY2023 SG&A FY2024 Q

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

    Sales/Operating Profit by Region (Japan)  Net sales decreased by 3.7% mainly due to the impact of customers’ production decrease.  Despite the cost saving, operating loss was 0.2 billion yen because of the sales decrease. （億円） (billion yen) Net sales （億円） (billion yen) Operating profit 30 1 0 0.2

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

    Sales/Operating Profit by Region (The Americas)  Net sales increased by 16.9% due to the impact of customers’ production increase and the weaker yen exchange rate.  Operating profit increased by 51.9% because of the weaker yen exchange rate and cost saving. （億円） (billion yen) (billion yen) Net sal

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

    Sales/Operating Profit by Region (Europe)  Net sales increased by 9.7% mainly due to the impact of the weaker yen exchange rate.  Operating loss was 0.06 billion yen. （億円） (billion yen) Net sales （億円） (billion yen) Operating profit 15 0.2 10 0 -0.06 -0.1 -0.2 12.4 11.3 5 -0.2 7.7 0 -0.4 FY2022 FY2

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

    Sales/Operating Profit by Region (Asia)  Net sales decreased by 24.8% due to the customers' production cutbacks in spite of Forex impact.  Operating loss was 0.7 billion yen as a result of the impact of volume fluctuation. （億円） (billion yen) Net sales （億円）yen) (billion Operating profit 30 1 0.5 20

  14. Slide 14: Capital Investment

    Capital Investment (billion yen) 30 国内実績 business result Domestic 海外実績business result Overseas Annual plan (20.3) 20 18.8 6.4 10 10.1 10.2 3.2 4.1 12.4 2.7 0.5 6.9 6.1 0.5 0 2.2 FY2021 FY2022 FY2023 Q1, FY2024 Copyright© UNIPRES CORPORATION, All Rights Reserved. 14

  15. Slide 15: Capital Investment & Depreciation/Amortization

    Capital Investment & Depreciation/Amortization (billion yen) 40 Capital investment Depreciation/amortization 30 Annual Annual plan plan (23.5) (20.3) 20 23.6 25.2 10 18.8 20.2 10.1 10.2 6.2 2.7 0 FY2021 FY2022 FY2023 Q1, FY2024 Copyright© UNIPRES CORPORATION, All Rights Reserved. 15

  16. Slide 16: Cash Flows

    Cash Flows (billion yen) 15 Cash flow from operating activities Cash flow from investing activities Free cash flow 10 0.6 5 6.4 5.8 4.9 3.3 6.3 7.6 4.2 2.7 2.0 1.6 0 0.7 -1.3 -5 -9.7 -13.9 -10 -15 FY2020 FY2021 FY2022 FY2023 FY2024 Q1 Q1 Q1 Q1 Q1 Copyright© UNIPRES CORPORATION, All Rights Reserved.

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

    Interest-bearing Debt & Net Interest-bearing Debt Balance  Interest-bearing debts decreased by 6.8 billion yen compared with the end-March, 2024.  Net interest-bearing debts including cash and deposits became 12.6 billion yen. (billion yen) 100 Long-term loans payable Interest-bearing debt balance

  18. Slide 18: Forecast of FY2024

    Forecast of FY2024 Copyright© UNIPRES CORPORATION, All Rights Reserved. 18

  19. Slide 19: Forecast of Fiscal Year 2024

    Forecast of Fiscal Year 2024 １. Net sales is forecast to decrease as the impact of customers’ production reduction. ２. Operating profit is forecast to increase due to cost saving. Copyright© UNIPRES CORPORATION, All Rights Reserved. 19

  20. Slide 20: Consolidated Business Forecast for FY2024

    Consolidated Business Forecast for FY2024 Net Sales (billion yen） 40 400 Net sales 335.0 330.0 Operating profit (billion yen) 304.4 30 300 20 200 Operating profit 10 100 10.9 12.0 0 3.7 0 FY2022 FY2023（A） FY2024（B） （B）-（A) Net sales 304.4 335.0 330.0 -5.0 Operating profit 3.7 10.9 12.0 +1.1 Ordinary

  21. Slide 21: 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 21

  22. Slide 22: Reference: Exchange rate

    Exchange rate Reference （yen） Q1, FY2023 Q1, FY2024 Preconditions of Average for the Average for the FY2024 forecast period term end period term end US $ 139.63 144.99 158.27 161.14 140.00 STG ￡ 163.78 165.58 189.78 191.22 175.00 EURO 143.93 145.72 162.17 163.28 150.00 MEX $ 7.25 7.38 8.85 9.12 8.10

  23. Slide 23: 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 — Q1 FY2024 Earnings Presentation on 6ix