Slide 1: Results Briefings for the Fiscal Year Ended March 31, 2021
Securities ID code:6859 Results Briefings for the Fiscal Year Ended March 31, 2021 ESPEC CORP. May 25, 2021
Slide 2: Financial Highlights
Financial Highlights In FY2020, orders began to recover in the third quarter, but sales and profits declined year on year, although results exceeded the revised forecast announced in February 2021. Against forecast Year on Year (revised in February 2021) Exceeded the revised forecast, mainly in ■Ord
Slide 3: FY2020 Quarterly Order Trends
FY2020 Quarterly Order Trends （Millions of yen） 16,000 ＜Consolidated＞ *Figures in red show differences compared to FY2019 14,000 12,000 +2% +3% 10,000 -33% -21% 8,000 13,070 6,000 10,393 10,241 10,491 10,132 9,866 8,231 8,725 4,000 2,000 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2019 FY2020 2
Slide 4: Summary of Profits and Losses
Summary of Profits and Losses (Millions of yen) FY 2019 FY2020 FY 2020 Year on Year Against Forecast Results Results forecast （February, 2021） Orders-Received 43,571 36,000 37,580 -13.8% 4.4% Net sales 42,443 37,500 38,668 -8.9% 3.1% Cost of Net Sales 27,724 24,856 25,255 -8.9% 1.6% （1pt (Cost of sa
Slide 5: Performance by Segment
Performance by Segment (Millions of yen) FY2020 FY 2020 FY 2019 Year on Year Against Segment Results Forecast （February, 2021） Results forecast Orders- 34,682 29,250 30,755 -11.3% 5.1% Equipment Received Business Net Sales 34,361 29,650 30,669 -10.7% 3.4% Operating profit 3,041 1,614 2,062 -32.2% 27
Slide 6: Analysis of Operating Profit Increase and Decrease Factor
Analysis of Operating Profit Increase and Decrease Factor Equipment Business (Millions of yen) development expenses Research and Service Business expenses and administrative Other selling, general Other Business Travel expenses Commission fee -1,264 188 -99 261 -133 121 -113 -153 -84 100 3,742 2,572
Slide 7: Statement of Assets and Liabilities
58,607 FY2020 (Millions of yen) 6 Liabilities and Net assets 2,253 Net assets -1,463 899 Noncurrent liabilities ＋1,146 Other current liabilities -636 Electronically recorded obligations-operating 93 Notes and accounts payable-trade Statement of Assets and Liabilities FY2019 57,461 58,607 FY2020 1,56
Slide 8: Statements of Cash Flows
Capital increase due to new 740 7 (Millions of yen) consolidation -218 Decrease in funds Effect of exchange rate change 277 on cash and cash equivalents -1,503 Total financial cash flow -214 Other -1,288 Cash dividends paid -2,034 Total investment cash flow -322 Other -1,711 Purchase of property, St
Slide 9: Equipment Business
Equipment Business (Millions of yen) FY 2019 FY2020 FY 2020 Forecast Year on Year Against forecast Results （February, 2021） Results Orders-Received 34,682 29,250 30,755 -11.3% 5.1% Net Sales 34,361 29,650 30,669 -10.7% 3.4% Operating profit 3,041 1,614 2,062 [Profit ratio(%)] -32.2% 27.8% ［8.9%］ [5.
Slide 10: Service Business
Service Business (Millions of yen) FY 2019 FY2020 FY 2020 Forecast Year on Year Against forecast Results （February, 2021） Results Orders-Received 6,378 6,000 6,153 -3.5% 2.6% Net Sales 6,459 6,000 6,063 -6.1% 1.1% Operating profit 646 365 446 [Profit ratio(%)] -30.9% 22.2% ［10.0%］ ［6.1%］ ［7.4%］ Afte
Slide 11: Other Business
Other Business (Millions of yen) FY 2019 FY2020 FY 2020 Forecast Year on Year Against forecast Results （February, 2021） Results Orders-Received 2,715 1,000 976 -64.0% -2.4% Net Sales 1,831 2,100 2,241 22.4% 6.7% Operating profit 49 21 60 [Profit ratio(%)] 22.4% 185.7% [2.7%] [1.0%] [2.7%] Environmen
Slide 12: Breakdown of Sales by Market
Breakdown of Sales by Market Non-consolidated (Equipment business) Other markets その他市場 Automobile market 自動車市場 Flat panel display market ﾌﾗｯﾄﾊﾟﾈﾙﾃﾞｨｽﾌﾟﾚｲ市場 Electronic device and equipment market 電子部品・電子機器市場 Semiconductor market 半導体市場 100% 26 26 27 27 27 80% 24 17 60% 25 24 26 4 5 5 3 2 40% 36 34 37
Slide 13: Sales by Region
Sales by Region FY 2019 FY 2020 Overseas sales ratio ：43.9% Overseas sales ratio ：46.1% 2.0% 2.8% 16.5% Taiwan 18.9% China 3.7% Korea Europe＆America 3.8% FY 2019 FY 2020 56.1% 53.9% 15.8% South East Asia 13.2% Other 4.4% Japan 5.3% 1.5% 2.2% Total: 42,443 million yen Total: 38,668 million yen （Overs
Slide 14: Full-Year Forecasts for Fiscal 2021
Full-Year Forecasts for Fiscal 2021 (Millions of yen) FY 2019 FY 2020 FY 2021 （百万円） Full year Full year First half Second half Full year Year on Year Results Results forecasts forecasts forecasts Orders-received 43,571 37,580 20,000 23,000 43,000 14.4% Net sales 42,443 38,668 18,500 22,500 41,000 6.
Slide 15: Recognition of the Operating Environment
Recognition of the Operating Environment ・The operating environment is improving. The Company aims to increase orders in China and Japan, mainly in advanced technologies such as 5G and IoT, electrification of automobiles, and automated driving. ・Friction between the US and China and new waves of COV
Slide 16: Segment Financial Forecasts
Segment Financial Forecasts (Millions of yen) FY 2019 FY 2020 FY 2021 Full year Full year First half Second half Full year Year on Year Results Results forecasts forecasts forecasts Orders-Received 34,682 30,755 16,500 18,500 35,000 13.8% Equipment Net sales 34,361 30,669 15,150 18,250 33,400 8.9% B
Slide 17: Main Initiatives in FY2021
Main Initiatives in FY2021 Equipment Business ・Expand sales through global marketing that targets 5G and IoT markets ・Strengthen marketing mainly in 5G and IoT, semiconductors, and NEV (new energy vehicle) sectors in China ・Expand sales in Japan by strengthening customization and enhancing environme
Slide 18: Investment Plans, etc.
Investment Plans, etc. R&D Strategic investment 100 million yen 890 million yen expenditures Ordinary investment 950 million yen Total 1,050 million yen ■On making a company a consolidated subsidiary through the acquisition of shares (Consolidated Financial Results for the Fiscal Year Ended March 31
Slide 19: FY 2021 Dividend Forecast
FY 2021 Dividend Forecast Basic policy on profit distribution We recognize that passing on profits to our shareholders is a key priority and that raising corporate value on a lasting basis is fundamental to raising shareholder value. Dividends are decided taking into account sustainability and the d
Slide 20: Main Initiatives for ESG
Main Initiatives for ESG ■E(Environment) ・Replaced approximately 70% of all electric power consumed by the ESPEC Group with renewable energy Replaced 100% of electric power used in the commissioned testing services with renewable energy (January 2020–April 2021) ・Score of B on initial participation
Slide 21: Topics: Vaccine Transport Coolers and All Weather Simulation Chamber
ＴＯＰＩＣＳ （Feb. 2021） （Apr. 2021） Opened the world’s first all weather Began sales and free rental of Stable simulation chamber to replicate various Temperature Transport Coolers global weather environments for COVID-19 vaccine transportation ・Replicates dynamic environments* with high-precision ・Vibra
Slide 22: External Recognition
External Recognition February, 2021 ・Our Sustainability Report received the Excellence Award in the Environmental Communication Awards （Organized by the Ministry of the Environment and the general incorporated foundation Global Environment Forum） December, 2020 ・Voluntarily responded to CDP Climate
Slide 23: Forward-looking statements and inquiries
These materials contain forward-looking statements, including the Company’s present plans and forecasts of performance, that reflect the Company’s plans and forecasts based on the information presently available. These forward-looking statements are not guarantees of future performance, and plans, f
Slide 24: Quality is more than a word
Quality is more than a word ESOEC ESPEC CORP.