Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — Q3 FY2023 Earnings Presentation
16 slides from Nippon Chemi-Con's earnings presentation, February 2024
Slide 1: Financial Results Explanatory Material for 3Q FY2023
Financial Results Explanatory Material for 3Q FY2023 (Nine months ended December 31, 2023) TSE Prime Market, Securities code:6997 NIPPON CHEMI‐CON CORPORATION February 2024 0
Slide 2: Overview of 3Q FY2023 Consolidated Results
Overview of 3Q FY2023 Consolidated Results NIPPON CHEMI‐CON CORPORATION February 2024 1
Slide 3: 3Q FY2023 Financial Results: Main Points
3Q FY2023 Financial Results: Main Points Main Points ・ Markets Net sales Automotive electronics: The number of parts installed per vehicle increased due to progress on ¥116.0 bn motorization and electrification. Vehicle production volume increased, owing to improvement in semiconductor procurement c
Slide 4: Overview of 1Q-3Q FY2023 Consolidated Financial Results - YoY
Overview of 1Q‐3Q FY2023 Consolidated Financial Results - YoY - Net sales and operating income declined YoY due to a slump in the industrial equipment and ICT markets. 1Q‐3Q 1Q‐3Q FY2022 FY2023 Change % (Million yen) Net Sales 119,899 116,021 (3,878) (3.2%) Operating income 9,013 7,208 (1,805) (20.0
Slide 5: 1Q-3Q FY2023 Operating Income - YoY
1Q–3Q FY2023 Operating Income - YoY - (Billion yen) (excluding selling price, forex, etc.) NIPPON CHEMI‐CON CORPORATION February 2024 4
Slide 6: Overview of 3Q FY2023 Consolidated Financial Results - QoQ Comparison
Overview of 3Q FY2023 Consolidated Financial Results – QoQ Comparison - Net sales and operating income declined compared to the 2Q due to the delayed rebound in the industrial equipment and ICT markets. 2Q FY2023 3Q FY2023 Change % (Million yen) Net Sales 39,204 35,680 (3,524) (8.9%) Operating incom
Slide 7: 3Q FY2023 Operating Income - QoQ Comparison
3Q FY2023 Operating Income - QoQ Comparison - (Billion yen) (excluding selling price, forex, etc.) NIPPON CHEMI‐CON CORPORATION February 2024 6
Slide 8: 3Q FY2023 Results for Net Sales by Product - YoY/QoQ Comparisons
3Q FY2023 Results for Net Sales by Product- YoY/QoQ Comparisons - Aluminum electrolytic capacitors: Slump in the industrial equipment market Hybrid capacitors: Automotive electronics market remained strong FY2022 FY2023 YoY QoQ (Million yen) 3Q 2Q 3Q Change % Change % Aluminum electrolytic 37,793 34
Slide 9: FY2023 - Consolidated Full-Year Forecast
FY2023 – Consolidated Full-Year Forecast NIPPON CHEMI‐CON CORPORATION February 2024 8
Slide 10: FY2023 Consolidated Forecast: Main Points
FY2023 Consolidated Forecast: Main Points 2H Main Points ・ Markets Net Sales Automotive electronics: Pent-up demand in Japan, the U.S. and Europe will be strong and ¥153.0 bn demand for parts per vehicle will increase. Steady progress is being made on resolving parts inventory problems in the market
Slide 11: FY2023 Consolidated Full-Year Forecast
FY2023 Consolidated Full-Year Forecast Inventory adjustments will come to an end in the industrial equipment and ICT markets and demand will rebound in the automotive electronics market ➡ Same as the previous forecast FY2022 Full-year FY2023 (forecast) YoY Announced in Announced in (Million yen) Ful
Slide 12: Supplementary Material
Supplementary Material NIPPON CHEMI‐CON CORPORATION February 2024 11
Slide 13: FY2023 Forecast of Net Sales by Product - YoY
FY2023 Forecast of Net Sales by Product – YoY - FY2023 FY2022 Full-year 2H Full-year (Million yen) 1H Change % (forecast) (forecast) Aluminum electrolytic 140,897 71,205 64,394 135,600 (5,297) (3.8%) Conductive polymer 21,379 10,610 10,389 21,000 (379) (1.8%) DLCAP™ 4,471 2,656 2,343 5,000 +529 +11.
Slide 14: Net Sales by Market - YoY Comparison of 2H
Net Sales by Market － YoY Comparison of 2H － Automotive electronics, up six percentage points; ICT, up two percentage points: Increase in the number of parts accompanying robust pent-up demand and progress on electrification (Automotive electronics) Industrial equipment, down four percentage points;
Slide 15: Three Main Market Trends - FY2023 Forecast
Three Main Market Trends － FY2023 Forecast (Billion yen) Net Sales Automotive 27.0 electronics Robust pent-up demand and progress on electrification 22.0 ICT Continuing 17.0 server inventory adjustments Industrial equipment Continuing sluggish capital investment 12.0 1H FY2022 2H FY2022 1H FY2023 2H
Slide 16: Disclaimer
Disclaimer This material has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The projected performance figures in this material are based on information ava