Unipres Corporation · TSE:5949

Unipres — Q3 FY2022 Earnings Presentation

28 slides from Unipres's earnings presentation, 2022

  1. Slide 1: FY2022 3rd Quarter Financial Results

    FY2022 3rd Quarter Financial Results

  2. Slide 2: FY2022 3Q Financial Results; Forecast of FY2022

    FY2022 3Q Financial Results Forecast of FY2022 Copyright© UNIPRES CORPORATION, All Rights Reserved. 2

  3. Slide 3: FY2022 3Q Financial Results

    FY2022 3Q Financial Results Copyright© UNIPRES CORPORATION, All Rights Reserved. 3

  4. Slide 4: Key Highlights for Q3, FY2022 (consolidated-basis)

    Key Highlights for Q3, FY2022 (consolidated-basis) Net sales increased to 218.5 billion yen due to positive exchange rate and other factors, although the impact of production cutbacks by customers due to global semiconductor supply shortages remained. Operating income was a loss of 3.5 billion yen,

  5. Slide 5: Summary of Q3, FY2022

    Summary of Q3, FY2022  Net sales increased by 41.2 billion yen (+23.2%) compared with the same period of the previous year.  Operating profit improved by 8.4 billion yen compared with the same period of the previous year. Transition in business results Net Sales (billion yen 20 400 Operating profi

  6. Slide 6: Consolidated Sales by Product Group

    Consolidated Sales by Product Group (billion yen) 3Q, FY2021 3Q, FY2022 Variance Variance Sales % Sales % % Car body press products 150.1 84.7% 189.5 86.7% +39.4 +2.0% Transmission products 23.6 13.3% 24.0 11.0% +0.4 -2.3% Plastic 2.1 1.2% 2.4 1.1% +0.3 -0.1% products Other 1.5 0.8% 2.6 1.2% +1.1 +0

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

    Consolidated Sales by Customer（Nissan Motor-related products）  The composition ratio decreased by 1.5% mainly due to declining sales of Nissan Mexicana and JATCO. (billion yen) 3Q, FY2021 3Q, FY2022 Variance Sales % Sales % Nissan Motor-related products Sub-total 141.1 79.6% 170.6 78.1% -1.5% Dongf

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

    Consolidated Sales by Customer (Other Customers)  The composition ratio rose by 1.5% due to sales increase of Honda of America Mfg., Inc and Honda De Mexico, S.A. De C.V. 3Q, FY2021 3Q, FY2022 (billion yen) Variance Sales % Sales % Other customers Sub-total 36.2 20.4% 47.9 21.9% +1.5% Incl.) Honda

  9. Slide 9: Operating Profit Variance Analysis

    Operating Profit Variance Analysis (billion yen) 5 Initial cost for new car model parts : 0 0 - -3.5 -5 -11.9 4.4 -2.1 -0.7 0.8 -0.3 -0.1 0.5 5.9 -10 -15 -20 Cost saving Others Forex & model mix etc. Volume fluctuation SG&A adjustment Consolidation FY2021 FY2022 amortization Depreciation/ reinforcem

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

    Sales/Operating Profit by Region (Japan)  Net sales increased by 39.5% because of the impact of customers’ production increase.  Operating loss was 2.4 billion yen because of new model parts launching cost. (billion yen) Net sales (billion yen) Operating profit 100 5 0 -2.4 50 -5.4 69.2 -5 -9.6 50

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

    Sales/Operating Profit by Region (The Americas)  Net sales increased by 20.2% mainly due to Forex impact.  3.0 billion yen improvement in operating profit was achieved through the efforts of cost saving. (billion yen) Net sales (billion yen) Operating profit 80 4 0 -0.4 40 -3.4 -4.9 59.4 49.4 -4 4

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

    Sales/Operating profit by Region (Europe)  Net sales increased by 20.3% mainly due to Forex impact.  1.9 billion yen improvement in operating profit was achieved through the efforts of cost saving. (billion yen) Net sales (billion yen) Operating profit 40 5 20 0 -1.4 29.6 24.6 -3.5 -3.3 15.3 0 -5

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

    Sales/Operating Profit by Region (Asia)  Net sales increased by 12.3% due to Forex impact, despite the customers' production cutbacks.  Operating profit decreased by 0.2 billion yen mainly due to the impact of volume fluctuation. (billion yen) Net sales (billion yen) Operating profit 100 2 50 1 60

  14. Slide 14: Capital Investment

    Capital Investment （billion yen） 50 Domestic Overseas 40 37.9 30.7 30 14.2 9.8 Annual plan 20 18.8 (18.0) 6.4 23.7 20.9 10 5.8 12.4 1.5 4.3 0 FY2019 FY2020 FY2021 3Q, FY2022 Copyright© UNIPRES CORPORATION, All Rights Reserved. 14

  15. Slide 15: Capital Investment & Depreciation/Amortization

    Capital Investment & Depreciation/Amortization （billion yen） 50 設備投資 Capital investment 減価償却費 Depreciation / amortization 40 30 Annual plan Annual plan (22.2) 20 37.9 (18.0) 30.7 10 19.5 21.2 18.8 20.2 17.3 5.8 0 FY2019 FY2020 FY2021 3Q, FY2022 Copyright© UNIPRES CORPORATION, All Rights Reserved. 15

  16. Slide 16: Cash Flows

    Cash Flows (billion yen) 40 Cash flow from operating activities Cash flow from investing activities Free cash flow 30 20 27.5 17.9 10 21.0 23.2 19.4 19.4 16.1 9.9 3.2 5.3 0 -3.8 -6.2 -10 -24.3 -24.8 -20 -30 FY2018 FY2019 FY2020 FY2021 FY2022 3Q 3Q 3Q 3Q 3Q Copyright© UNIPRES CORPORATION, All Rights

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

    Interest-bearing Debt & Net Interest-bearing Debt Balance  Interest-bearing debts decreased by 0.9 billion yen compared with the end-March, 2022.  Net interest-bearing debts including cash and deposits was 35.9 billion yen. （billion yen） 100 長期借入金 Long-term loans payable Interest-bearing debt bala

  18. Slide 18: Forecast of FY2022

    Forecast of FY2022 Copyright© UNIPRES CORPORATION, All Rights Reserved. 18

  19. Slide 19: Forecast of Fiscal Year 2022

    Forecast of Fiscal Year 2022 １. Our group’s production status at our sites in China is expected to fall significantly below our previous outlook due to a rebound in COVID-19 cases at our production sites in China from October 2022 onwards. ２. Operating profit is forecast to turn to positive mainly d

  20. Slide 20: Consolidated Business Forecast for FY2022

    Consolidated Business Forecast for FY2022 Transition in business results 40 400 314.0 Net sales (billion yen) Net sales 292.0 301.0 254.4 Operating profit (billion yen) 234.5 20 200 Operating profit 0 6.3 3.0 0.5 0 -11.3 -7.5 （A） （B） FY2022 FY2022 FY2022 -20 initial revised forecast revised forecast

  21. Slide 21: Forecast of Operating Profit Variance Analysis

    Forecast of Operating Profit Variance Analysis （billion yen） 5 Initial cost for new car model parts：0 0 0.5 5.7 -7.5 -2.7 -5 5.7 -1.9 -0.3 0.4 0.5 0.6 -10 -15 -20 & model mix etc. Volume fluctuation SG&A reinforcement Production Forex Cost saving adjustment Consolidation Others amortization Deprecia

  22. Slide 22: Sales/Operating Profit by Region (Japan)

    Sales/Operating Profit by Region (Japan)  Net sales growth is projected based on the impact of customers’ production increase.  Operating profit is projected to grow through sales increase and cost reduction efforts. (billion yen) (billion yen) Net sales Operating profit 100 5 0 -2.0 50 96.2 -5.4

  23. Slide 23: Sales/Operating Profit by Region (The Americas)

    Sales/Operating Profit by Region (The Americas)  Net sales growth is projected based on Forex impact.  Operating profit is projected to grow through sales increase and cost reduction efforts. (billion yen) Net sales (billion yen) Operating profit 100 5 2.7 50 0 -0.7 84.8 -2.3 67.6 69.4 0 -5 FY2020

  24. Slide 24: Sales/Operating profit by Region (Europe)

    Sales/Operating profit by Region (Europe)  Net sales growth is projected based on Forex impact.  Operating profit is projected to grow through sales increase and cost reduction efforts. (billion yen) (billion yen) Net sales Operating profit 60 5 30 0 -0.6 45.8 -3.6 -4.1 31.3 23.3 0 -5 FY2020 FY202

  25. Slide 25: Sales/Operating Profit by Region (Asia)

    Sales/Operating Profit by Region (Asia)  Net sales are projected to decrease due to the impact of reduced production caused by the spread of COVID-19 in China.  Operating profit is projected to be lower due to the impact of volume fluctuation. (billion yen) (billion yen) Net sales Operating profit

  26. Slide 26: 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 26

  27. Slide 27: Reference: Exchange Rate

    Exchange Rate Reference 3Q, FY2021 3Q, FY2022 Preconditions of （yen） FY2022 forecast Average for Average for At first Full year the period term end the period term end US $ 111.47 115.02 136.85 132.70 115.00 135.81 STG ￡ 151.03 150.47 160.74 161.72 150.00 162.07 EURO 130.28 129.90 136.60 142.32 130.

  28. Slide 28: 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 — Q3 FY2022 Earnings Presentation on 6ix