Resonac Holdings Corporation · TSE:4004
Resonac — Q1 2022 Earnings Presentation
16 slides from Resonac's earnings presentation, May 11, 2022
Slide 1: Consolidated Financial Results First Quarter, 2022
Consolidated Financial Results First Quarter, 2022 (May 11, 2022) Hideki Somemiya, CFO Director & Managing Corporate Officer
Slide 2: Summary
Summary １．In the first quarter of 2022, net sales decreased by ¥ 31.7 billion from the same period of the previous year due mainly to business transfer. However, against the background of strong demand for semiconductors, net sales earned by ongoing businesses, excluding the impact of the business t
Slide 3: Summary (CQ1, 2021 vs. CQ1, 2022)
Summary (CQ1, 2021 vs. CQ1, 2022) (Unit: Billions of Yen) （Ref.) Based on ongoing businesses (Unit: Billions of Yen) Jan.-Mar. Jan.-Mar. Increase/ Jan.-Mar. Jan.-Mar. Increase/ 2021 2022 Decrease 2021* 2022 decrease Net sales 339.7 308.0 (31.7) Net sales 288.8 308.0 19.2 Operating income 20.8 15.4 (
Slide 4: Operating Income Breakdown by Factor
Operating Income Breakdown by Factor (CQ1, 2021 vs. CQ1, 2022) (Unit: Billions of Yen) * Excluding the impact of deconsolidation of Shoko Co., Ltd. 4
Slide 5: Summary of Consolidated Sales and Operating Income by Segment
Summary of Consolidated Sales and Operating Income by Segment* (CQ1, 2021 vs. CQ1, 2022) (Unit: Billions of Yen) Jan.-Mar. Jan.-Mar. 2021 2022 Increase/decrease Semiconductor and Sales 91.1 107.3 16.2 18% Electronic Materials Operating Income 8.3 12.9 4.6 56% Sales 46.3 44.4 (2.0) (4%) Mobility Oper
Slide 6: Semiconductor and Electronic Materials
Sales and Operating Income by Segment (CQ1, 2021 vs. CQ1, 2022) Semiconductor and Electronic Materials (Unit: Billions of Yen) Jan.-Mar. Jan.-Mar. Increase/ Performance Overview 2021 2022 decrease Although the segment was affected by the transfer of Sales 91.1 107.3 16.2 18% the Printed Wiring Board
Slide 7: Mobility
Sales and Operating Income by Segment (CQ1, 2021 vs. CQ1, 2022) Mobility (Unit: Billions of Yen) Jan.-Mar. Jan.-Mar. Increase/ Performance Overview 2021 2022 decrease Sales 46.3 44.4 (2.0) (4%) Sales and profit decreased due to sluggish production of cars caused by short supply of semiconductors and
Slide 8: Innovation Enabling Materials / Chemicals
Sales and Operating Income by Segment (CQ1, 2021 vs. CQ1, 2022) Innovation Enabling Materials / Chemicals (Unit: Billions of Yen) Jan.-Mar. Jan.-Mar. Increase/ Performance Overview 2021 2022 decrease Innovation Sales of each business such as functional chemicals, 30.3 34.3 4.0 13% Materials Sales En
Slide 9: Non-operating income/expenses, Extraordinary profit/loss
Non-operating income/expenses, Extraordinary profit/loss Non-operating income/expenses (Unit: Billions of Yen) Jan.-Mar. Jan.-Mar. Increase/ Main factors 2021 2022 Decrease Interest/Dividends income and expenses (2.1) (1.3) 0.8 Interest expenses decreased Equity in earnings of affiliates 1.8 1.1 (0.
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Consolidated Balance Sheet (Unit: Billions of Yen) Dec. 31, Mar. 31, Increase/ Dec. 31, Mar. 31, Increase/ Assets Liabilities and net assets 2021 2022 Decrease 2021 2022 Decrease Cash and deposits 236.2 224.6 (11.6) Notes and accounts payable 207.7 203.5 (4.3) Notes and ac
Slide 11: Changes in interest-bearing debt balance
Changes in interest-bearing debt balance We are making progress in interest-bearing debt reduction and early repayment of LBO loan, aiming to strengthen our financial standing and reduce financial cost. (Unit: Billions of Yen) （Unit: Times) 1,200 2.40 1,060.1 1,000 2.00 850.6 850.1 800 1.84 1.60 600
Slide 12: Changes in segmentation for disclosure (from Jan. 2022)
(Reference) Changes in segmentation for disclosure (from Jan. 2022) ＜Relationship between new segments and major products＞ New Semiconductor and Innovation Enabling Old Mobility Chemicals Others Electronic Materials Materials Olefins, Petrochemicals - - - Organic Chemicals, - Polymer Functional chem
Slide 13: Sales, Operating Income, and Depreciation by Segment, 2022 Forecast
(Reference) Sales, Operating Income, and Depreciation by Segment, 2022 Forecast (Unit: Billions of Yen) 2021 2022 Increase/ 2021 2022 Increase/ Segment Item *1 Item *1 Full Year Forecast*2 Decrease Full Year Forecast*2 Decrease Semiconductor Sales 391.8 430.0 38.2 Depreciation*3 38.3 38.8 0.5 and El
Slide 14: Consolidated Companies, Selected Data, Costs of the integration with Showa Denko Materials
(Reference) Consolidated Companies, Selected Data, Costs of the integration with Showa Denko Materials Co., Ltd. Consolidated Companies Consolidated subsidiaries: 125 (＋1 from Dec. 31, 2021) + 1: Showa Denko Materials' Ceramics business spin-off Preparation company (newly established) Equity method
Slide 15: Topics
Topics Segment Topics Showa Denko Introduces Machine Learning Operations into AI-based Prediction Systems for Accelerating Materials Development Showa Denko Decides Firm Name of the Newly Integrated Company General Showa Denko Group Starts to Consider Transformation into Holding Company Structure SD
Slide 16: Note
Note Performance forecast and other statements pertaining to the future as contained in this presentation are based on the information available as of today and assumptions as of today regarding risk factors that could affect our future performance. Actual results may differ materially from the fore