Japan Aviation Electronics Industry, Limited · TSE:6807

Japan Aviation Electronics Industry — Q3 FY2022 Earnings Presentation

22 slides from Japan Aviation Electronics Industry's earnings presentation, Jan 27, 2023

Slide 1: Financial Results for Q3 FY2022
Financial Results for Q3 FY2022 (April to December 2022) January 27, 2023 6807 Japan Aviation Electronics Industry, Ltd. Copyright © 2023 | Japan Aviation Electronics Industry, Ltd.
Slide 2: Key Points of Financial Results
Key Points of Financial Results 【Financial Results for Q3 FY2022 (April to December)】  Net Sales : 183.8 Billion Yen +14.0 Billion Yen (Year-on-year)  Demand for automotive and industrial & infrastructure markets remained solid  Operating Profit : 16.19 Billion yen +1.71 Billion Yen (Year-on-year
Slide 5: Net Sales and Profits
Net Sales and Profits (JPY in 100 millions) Q3 FY2021 Q3 FY2022 Year/Year Q3 FY2021 Q3 FY2022 Year/Year 9 months ended 9 months ended Change 3 months ended 3 months ended Change Dec 31, 2021 Dec 31, 2022 9 months Dec 31, 2021 Dec 31, 2022 3 months Net Sales 1,698 1,838 140 108% 577 616 38 107% Opera
Slide 6: Net Sales and Profits
Net Sales and Profits (JPY in 100 millions) 658 616 Net Sales 595 577 565 111% 525 553 107% 107% Year/Year Change Operating Ordinary Profit Profit 77 56 66 53 53 51 52 56 54 46 36 36 36 35 Q1/FY2021 Q2/FY2021 Q3/FY2021 Q4/FY2021 Q1/FY2022 Q2/FY2022 Q3/FY2022 Copyright © 2023 | Japan Aviation Electro
Slide 7: Connector Business
Connector Business (JPY in 100 millions) Sales by Market Segment 573 528 539 514 495 500 470 470 265 259 234 238 225 Mobile Devices 206 187 191 195 221 230 Automotive 192 191 181 Industrial & Infrastructure 58 62 67 70 69 71 67 0 PC・LCD・TV Others 15 17 18 18 20 16 8 Q1/FY2021 Q2/FY2021 Q3/FY2021 Q4/
Slide 8: UIS Business
UIS Business (JPY in 100 millions) Sales by Market Segment 32 28 28 29 27 27 24 18 15 17 11 20 17 Automotive 18 14 16 14 12 14 Industrial & 11 10 Infrastructure 9 0 Q1/FY2021 Q2/FY2021 Q3/FY2021 Q4/FY2021 Q1/FY2022 Q2/FY2022 Q3/FY2022 Copyright © 2023 | Japan Aviation Electronics Industry, Ltd. 8
Slide 9: Aerospace Business
Aerospace Business (JPY in 100 millions) Sales by Market Segment 53 50 50 47 37 37 38 35 37 26 36 25 25 24 30 Industrial & Infrastructure 18 and Automotive 18 Defense & 12 13 13 11 Space 8 9 0 Q1/FY2021 Q2/FY2021 Q3/FY2021 Q4/FY2021 Q1/FY2022 Q2/FY2022 Q3/FY2022 Copyright © 2023 | Japan Aviation Ele
Slide 11: Business Environment
Business Environment ▶ Disruption by China's zero-COVID policy change, macroeconomic downturn, and rapid yen appreciation ▶ Demand conditions sharply worsened since December Assumptions for the second half forecast （As of Oct. 2022 interim closing） Changes in the second half forecast • Smartphone ma
Slide 12: Revision of Projections for FY2022
Revision of Projections for FY2022 ▶ Revised forecast downward due to expected demand decrease in 3 focus markets and impact of yen appreciation in the Q4 ▶ Maintained full-year sales growth and profit growth (JPY in 100 millions) FY2021 FY2022 vs. FY2022 FY2022 Projections Year/Year Change Projecti
Slide 13: Projections for Net Sales by Business Segment
Projections for Net Sales by Business Segment ▶ Connector: Revised forecast due to rapid demand decline in 3 focus markets ▶ UIS: Revised forecast due to lower demand in automotive market Industrial & infrastructure market remains strong, and secured advance orders ▶ Aerospace: No change in forecast
Slide 14: Projections for Net Sales by Market Segment
Projections for Net Sales by Market Segment ▶ Mobile Devices Inventory adjustments due to smartphone production decline in Q3 affected Q4, resulting in a sharp decline in specific products ▶ Automotive Customers' recovery production plan significantly decreased due to chip shortage. Sales to increas
Slide 15: Projections for Net Sales by Market Segment - Quarterly
Projections for Net Sales by Market Segment - Quarterly ▶ Demand from mobile device market fell more rapidly than seasonality in Q4, and specific products also declined substantially ▶ Sales in automotive and industrial & infrastructure markets remains high although not reaching the previous forecas
Slide 16: Growth Initiatives for the Next Fiscal Year and Beyond
Growth Initiatives for the Next Fiscal Year and Beyond Steady execution of capital investment for growth in the next fiscal year and beyond ▶ Investment in production infrastructure: Construction of new building is underway at JAE Yamagata ▶ Mobile device market: Capture recovering demand by investi
Slide 17: Growth Initiatives for the Next Fiscal Year and Beyond (Automotive)
Growth Initiatives for the Next Fiscal Year and Beyond (Automotive) ▶ Future directions: Production volume is expected to increase from this fiscal year due to recovery in production and chip shortage improvement Production Facility Enhancement Sales Structure Enhancement  Expand floor space as pla
Slide 18: Growth Initiatives for the Next Fiscal Year and Beyond (Industrial & Infrastructure, etc.)
Growth Initiatives for the Next Fiscal Year and Beyond (Industrial & Infrastructure, etc.) ▶ Future directions: Despite slow down of FA-related equipment growing demand, pursue initiatives for targeting growth exceeding the market growth Aerospace (Industrial & Infrastructure) Aerospace (Defense) 
Slide 20: Net Sales by Market Segment
Net Sales by Market Segment (JPY in 100 millions) Q3 FY2021 Q3 FY2022 Year/Year Q3 FY2021 Q3 FY2022 Year/Year 9 months ended 9 months ended Change 3 months ended 3 months ended Change Dec 31, 2021 Dec 31, 2022 9 months Dec 31, 2021 Dec 31, 2022 3 months Mobile 702 724 22 103% 238 234 -4 98% Devices
Slide 21: Net Sales and Profits by Business Segment
Net Sales and Profits by Business Segment (JPY in 100 millions) Q3 FY2021 Q3 FY2022 Year/Year Q3 FY2021 Q3 FY2022 Year/Year 9 months ended 9 months ended Change 3 months ended 3 months ended Change Dec 31, 2021 Dec 31, 2022 9 months Dec 31, 2021 Dec 31, 2022 3 months Sales 1,513 1,608 95 106% 514 53
Slide 22: Cautionary Statement
<Cautionary Statement> The plans, strategies & results forecasts and targets for our company and our consolidated affiliates (hereinafter JAE) noted in these materials are forecasts and targets as of January 27, 2023, and include risks and uncertainties. The targets noted in these materials are not

Japan Aviation Electronics Industry — Q3 FY2022 Earnings Presentation on 6ix

Japan Aviation Electronics Industry — Q3 FY2022 Earnings Presentation

Slide 1: Financial Results for Q3 FY2022

Slide 2: Key Points of Financial Results

Slide 3: Agenda

Slide 4: I. Financial Results for Q3 FY2022

Slide 5: Net Sales and Profits

Slide 6: Net Sales and Profits

Slide 7: Connector Business

Slide 8: UIS Business

Slide 9: Aerospace Business

Slide 10: II. Prospects for FY2022

Slide 11: Business Environment

Slide 12: Revision of Projections for FY2022

Slide 13: Projections for Net Sales by Business Segment

Slide 14: Projections for Net Sales by Market Segment

Slide 15: Projections for Net Sales by Market Segment - Quarterly

Slide 16: Growth Initiatives for the Next Fiscal Year and Beyond

Slide 17: Growth Initiatives for the Next Fiscal Year and Beyond (Automotive)

Slide 18: Growth Initiatives for the Next Fiscal Year and Beyond (Industrial & Infrastructure, etc.)

Slide 19: Copyright © 2023 | Japan Aviation Electronics Industry, Ltd.

Slide 20: Net Sales by Market Segment

Slide 21: Net Sales and Profits by Business Segment

Slide 22: Cautionary Statement