Fuji Corporation · TSE:6134
Fuji — H1 FY2018 Earnings Presentation
31 slides from Fuji's earnings presentation, Nov 13, 2017
Slide 1: Materials for Financial Result Briefing
Materials for Financial Result Briefing April 1, 2017 to September 30, 2017 FUJI MACHINE MFG. CO., LTD. November 2017 Important note: The information provided in this material is for informational purposes only. Items such as the business forecasts, revisions, and plans in this material are based on
Slide 2: Changing the company name to FUJI CORPORATION
Changing the company name to FUJI CORPORATION Reason: 1. To establish a strong global brand 2. To widen the scope of our business based on robot technology Scheduled change date: April 1, 2018 Copyright © 2017 by Fuji Machine Mfg. Co., Ltd. All Rights Reserved Proprietary and Confidential 1
Slide 3: Financial Results / Company Profile and Strategy
Financial Results Company Profile and Strategy Copyright © 2016 by FUJI MACHINE MFG. CO., LTD. All Rights Reserved. Proprietary and confidential. 2
Slide 4: Income Statement
Income Statement （Million Yen） 16.4-9 17.4-9 Change from 17.4-9 Change from Results Results previous year Forecast Forecast (August 10.2017) +15,722 ＋4,097 Orders 44,375 60,097 56,000 +35.4% +7.3% +16,948 ＋1,352 Sales 42,404 59,352 58,000 +39.9% ＋2.3％ Operating +5,798 +388 4,890 10,688 10,300 Income
Slide 5: Operating Income Increase/Decrease Analysis
Operating Income Increase/Decrease Analysis （Million Yen） Cost Increased reduction ＋1,000 ▲1,652 sales ＋650 Improved production Increased fixed efficiency cost First half ＋5,800 2017 operating income 10,688 First half 2016 operating Sales income 59,352 4,890 Sales 42,404 Copyright © 2017 by FUJI MAC
Slide 6: Sales Trend by Geographic region
Sales Trend by Geographic region （Billion Yen） 59.4 1% 17% 45.3 44.0 43.2 42.1 42.4 9% 40.6 2% 3% 41.4 1% 2% 1% 4% 18% 1% 11% 36.6 13% 15% 19% 11% 19% 20% Others 5% 9% 6% 11% 13% 10% 16% 29.0 North 14% 15% 11% 13% 19% 8% 4% 13% 11% America 23.8 18% 5% 14% 14% 13% Europe 12% 49% 22% 11% 21% 38% 44% O
Slide 7: Segment Statement
Segment Statement （Million Yen） Robotic 16.4-9 17.4-9 Change from 17.4-9 Change from Solutions Results Results previous year Forecast Forecast （Aug.10, 2017） Orders 38,650 52,594 ＋13,944 49,000 ＋3,594 Sales 36,879 52,453 ＋15,574 51,000 ＋1,453 Operating - - 7,309 12,352 ＋5,043 Income Order - - 11,082
Slide 8: Orders and Sales Trend
Orders and Sales Trend （Million Yen） Orders of Robotic Solutions Sales of Robotic Solutions 25,000 Orders of Machine Tools Sales of Machine Tools 20,000 15,000 10,000 5,000 0 2012 2013 2014 2015 2016 2017 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7
Slide 9: Sales Trend of Robotic Solutions by Geographic region
Sales Trend of Robotic Solutions by Geographic region （Billion Yen） 52.5 1% 14% 10% 37.9 37.4 36.9 37.2 34.6 2% 35.7 2% 33.3 1% 1% 12% 31.9 11% 2% Others 4% 16% 12% 15% 16% 2% 8% 6% 10% 7% 14% 15% 12% 13% 12% North 22.8 14% 17% 16% America 21% 9% 12% 13% 12% 4% Europe 18.4 15% 15% 14% 15% 6% 56% 15%
Slide 10: Sales Trend of Machine Tools by Geographic region
Sales Trend of Machine Tools by Geographic region （Billion Yen） 7.3 7.4 4% 6.1 5.9 5.9 5.9 5.6 1% 1% 1% 29% 2% 47% 5.0 4.9 4.9 1% 31% 1% 29% 4.4 40% 1% 40% Others 1% 8% 49% 0% 32% 3% 38% 0% 1% North 48% 9% 0% 7% 2% America 44% 23% 0% 11% 7% 1% 10% 17% 3% Europe 21% 10% 5% 5% 2% 11% 4% 12% 5% 9% 11%
Slide 11: Sales/Earnings Estimate
Sales/Earnings Estimate Revision of forecast which was announced on August 10, 2017. （Million Yen） 16.4-17.3 17.4-18.3 17.4-18.3 Change from Change from Results Forecast Forecast previous year revision forecast (August 10, 2017) (November 9, 2017) (Compare to August) Sales 86,397 104,000 110,000 ＋23
Slide 12: Sales/Operating Income Trend
Sales/Operating Income Trend （Million Yen） 120,000 75.0% Sales Operating Income Ratio 110,000 106,665 101,892 100,000 60.0% 90,792 92,893 86,249 85,265 86,642 86,397 80,000 45.0% 69,485 64,349 65,565 60,000 30.0% 41,747 40,000 15.0% 21,917 20,694 18,417 17,500 0.0% 20,000 15,672 11,473 12,066 11,901
Slide 13: Segment Information
Segment Information Revision of forecast which was announced on August 10, 2017. （Million Yen） Orders Sales 17.4-18.3 17.4-18.3 Change 17.4-18.3 17.4-18.3 Change Change from Change from 16.4-17.3 Revision Revision from 16.4-17.3 Revision Revision from of of previous forecast of of previous forecas R
Slide 14: Estimate of Sales by Geographic region
Estimate of Sales by Geographic region Robotic Solution Mother Machine 100,000 95.0 20,000 90,000 15% 80,000 74.1 14.6 70.8 13% 15,000 North North 70,000 14% 13.0 America America 15% 12% Europe Europe 60,000 13% 38% 11.0 15% Other Asia 39% Other Asia 50,000 13% 10,000 13% 1% 39% China 7% China 40,00
Slide 15: Net income per share and dividend per share
Net income per shares for the current period and dividend per share （Yen） 170 Dividend Net Income per share 150 141.98 132.1 130 110 87.11 88.27 90 74.13 76.19 70 50 40 27.6 26.52 28 28 30 30 18.75 17.5 13.75 10 16 10 -10 09.4-10.3 10.4-11.3 11.4-12.3 12.4-13.3 13.4-14.3 14.4-15.3 15.4-16.3 16.4-17.
Slide 16: Financial Results / Company Profile and Strategy
Financial Results Company Profile and Strategy Copyright © 2016 by FUJI MACHINE MFG. CO., LTD. All Rights Reserved. Proprietary and confidential. 15
Slide 17: Profile
Profile Established: April 7, 1959 Capital: 5.878 billion yen (March 2017) Headquarters (Chiryu city, Aichi prefecture) Employees: 2,117 (March 2017) Sales: 86.4 billion yen (March 2017) Operating profit: 9.8 billion yen (March 2017) Ordinary profit: 10.2 billion yen (March 2017) Total assets: 158.4
Slide 18: International sales and service locations
International sales and service locations Sales and service is provided by seven core overseas subsidiaries and around 110 Fuji representative agencies operating worldwide. Europe Asia North America 21 locations 39 locations 26 locations ●Fuji Machine Manufacturing (Europe) GmbH Fuji America Corpora
Slide 19: Company history
Company history Current NXT series Modular type High-speed multipurpose placing machine Surface mounting machines 1978 Automatic electric part insertion machine Robotic Solutions Division 1959 Company established Turning machine (single FBA function machine) FS Single Function Machine Machine Tools
Slide 20: Medium-term management targets
Medium-term management targets （２０１５～２０１７） Create new value and achieve 100 billion yen in sales Robotic Solutions Division Machine Tools Division New Product Development Next Step 30 Improvement of profitability Create New Business ・Accelerate researching & developing next generation machine ・Lead
Slide 21: Robotic Solutions Division Tactics
Robotic Solutions Division Tactics 『Next Step30』 ～Stay market leader ～ Environment Macroeconomic Trends Japan: Economy has been picking up due to improve company’s positive actions. World: US economy has changed for the better. The economy of Europe recovered gradually. China improves the investment
Slide 22: Robotic Solutions
Robotic Solutions Scalable placement platform Assembly robot System for production processes Copyright © 2017 by FUJI MACHINE MFG. CO., LTD. All Rights Reserved. Proprietary and confidential. 21
Slide 23: New Release of FUJI Mobile App
New Release of FUJI Mobile App Concept and Features 1. Whenever and wherever you can control. Our data which is gathered is to send to portable devices. example>>Smartphone, tablet PC 2. Logon user control. The information is indicated to users in accordance with the role of users. 3. Multi platform
Slide 24: Conjugation of Mobile Device
Conjugation of Mobile Device To provide information necessary for a user from wherever you stay in. To reform a workstyle by the usage of IT, improve productivity To assist and accelerate a decision of worker Responsible for all factory World Global Area Countries Cloud On premise Factory Factor
Slide 25: Machine Tools Division Strategy
Division Machine Tools Strategy 『Reconstruction of profit constitution』 Environment According to the Japan Machine Tool Builders‘ Association’s (JMTBA) forecast, Japan and world economy have a positive actions for investments, especially the demand of China is to be increased. In the whole machine t
Slide 26: Machine Tools
Machine Tools Front facing twin spindle lathe Horizontal CNC lathe Modular production equipment Copyright © 2017 by FUJI MACHINE MFG. CO., LTD. All Rights Reserved. Proprietary and confidential. 25
Slide 27: Modular production equipment
Modular production equipment Miniature factory by DLFn modules, which are invented for various type like drilling, milling, turning and so on. Ready for Stocker Drilling ID writer Deburring Parts cleaning Exit stocker Turning Turning Turning Measuring & Orientation traceability service Improved area
Slide 28: FUJI's Innovative Robotic Technology
FUJI’s Innovative Robotic Technology Smart Factory Miniature factory The 6th Robot Awards High accuracy & productivity Development of innovative robotics High accuracy and productivity, low impact Establishing FUJI Innovation LABO Setting Up a technology laboratory in Silicon Valley, north Californi
Slide 29: The Growth Strategy
The Growth Strategy Copyright © 2017 by FUJI MACHINE MFG. CO., LTD. All Rights Reserved. Proprietary and confidential. 28
Slide 30: Corporate Governance Code
Corporate Governance Code FUJI is improving corporate value based on Corporate 1. Securing the rights and equal treatment of Governance Code. shareholders ・Information disclosed in English ・Electric disclosure of notice calling a general shareholders meeting beforehand Securing the Rights 2. Appropr
Slide 31: confidential
Copyright © 2017 by FUJI MACHINE MFG. CO., LTD. All Rights Reserved. confidential