Smk Corporation · TSE:6798
Smk — Q1 FY2007 Earnings Presentation
17 slides from Smk's earnings presentation, July 2007
Slide 1: Business Report for FY2007 - From Apr. to June 2007
1/17 Business Report for FY2007 -From Apr. to June 2007- SMK Corporation July,2007
Slide 2: 1Q Financial Result
2/17 1Q Financial Result Sales amount:Million yen Profit:Million yen +10.3% 25,000 5,000 20,421 20,000 18,507 4,000 15,000 +9.7% 3,000 2,366 10,000 1,567 1,648 1,719 1,598 2,000 1,034 5,000 1,000 0 0 FY2006 FY2007 1Q 1Q Net sales Operating income Ordinary income Net income
Slide 3: Sales expenses
3/17 Sales expenses (Unit:Million yen) FY2006 FY2007 1Q 1Q ( ):Ratio to total sales 16,940 18,702 [(Material costs + Expenses for 20,000 (91.5%) (91.6%) Material costs external manufacturing processing) 18,000 improved by 1.2%] 16,000 60.3%→59.1% About 241million Expenses for external yen 14,000 50.
Slide 4: Analysis of factors for increase/decrease of consolidated operating profits
4/17 Analysis of sales expenses (Unit: Million yen) Analysis of factors for increase/decrease of consolidated operating profits [FY2006 1Q vs. FY2007 1Q］ Net Total 1,000 152 A.Factors for B.Factors for profit 760 800 profit increase decrease Total -849 Total 1,001 600 allowance depreciation Increase
Slide 5: Non-operating profit and loss
5/17 Non-operating profit and loss (Unit :Million yen) FY2006 FY2007 1Q 1Q 81 647 ( ):Ratio to total sales (0.4%) (3.2%) 700 3 Financial account balance Comparison to the previous 600 quarter 566 million yen [Increase 164 in currency exchange profit by 438 500 Revenues from and million yen] expendit
Slide 6: Sales amount and trend of profit (FY2006~FY2007/1H)
Sales amount and trend of profit 6/17 (FY2006~FY2007/1H) Sales amount:Million yen Profit :Million yen 45,000 41,000 41,000 39,300 39,774 14,000 40,000 35,000 12,000 30,000 10,000 25,000 8,000 20,000 6,000 15,000 3,834 4,100 4,000 10,000 3,100 3,313 2,356 3,300 2,335 2,700 2,520 2,000 5,000 2,000 1,8
Slide 7: Sales amount and trend of profit (FY2006~FY2007)
Sales amount and trend of profit 7/17 (FY2006~FY2007) Sales amount:Million yen 82,500 Profit :Million yen 80,000 79,074 8,000 70,000 7,000 6,190 6,200 60,000 6,000 5,500 5,166 50,000 5,000 4,000 40,000 3,693 4,000 30,000 3,000 20,000 2,000 10,000 1,000 0 0 FY2006Result FY2007Plan Net sales Operatin
Slide 8: Reference: Net sales and Operating profit by Product Division
Reference:Net sales and Operating profit by 8/17 Product Division（FY2006 1H, FY2007 1H forecast) Million yen Net sales ( ):Composition ratio 45,000 41,000 39,300 Operating income 40,000 2,405 2,381 +1.0% 35,000 (6.1%) (5.9%) Million 30,000 15,842 yen 16,753 -5.4% 4,000 3,313 3,300 25,000 (38.6%) 3,5
Slide 9: 1Q Net sales by Market (FY2005 ~FY2007)
1Q Net sales by Market (FY2005 ~FY2007) 9/17 25,000 Million yen +10.3% 20,421 18,507 +3.8% 20,000 328 16,342 -7.2% +9.2% 1,311 316 +16.4% 1,201 -20.2% 2,035 341 1,031 2,550 15,000 -8.7% 2,794 8,390 +19.4% +35.0% 7,029 10,000 5,207 +7.2% 1,777 1,706 1,657 5,000 -2.8% 5,260 5,752 6,579 +9.3% +14.4% 0
Slide 10: Trend of order by Market
10/17 Trend of order by Market Audio&Visual Car e le ctronics Te le com. Compute r Million yen Amuse me nt&Appliance O the rs 10,000 8,000 6,000 4,000 2,000 0 1Q 2Q 3Q 4Q 1Q FY2006 FY2007
Slide 11: Audio/visual (AV) <1Q Sales>
Audio/visual (AV) ＜ 1Q Sales＞ 11/17 ■FC division Unit:Million yen Comparison to last ●Increased sales amounts of remote year performance 114.4% 6,579 controls for digital AV equipment 7,000 LCD TVs 5,752 6,000 5,260 5,000 DVD recorders STB 4,000 4,732 ●Contribution of LCD TV control 4,097 3,653 pane
Slide 12: Car electronics <1Q Sales>
Car electronics ＜1Q Sales＞ 12/17 Comparison to last Unit:Million yen 2000 year performance 107.2% ■TP division 1,777 1,706 1,657 ●Increased sales amounts of 1500 factory-installation touch panels 797 899 ■CS division 954 1000 ●Increased sales amounts of jacks for car audio equipment 279 315 for fact
Slide 13: Communication <1Q Sales>
＜1Q Sales＞ 13/17 Communication Comparison to last ■FC division Unit:Million yen year performance 119.4% 10,000 ●Declined sales amounts 8,390 of camera modules ●Declined sales amounts 8,000 815 of BluetoothTM receivers 7,029 for the domestic market 6,000 1,732 ●Increased sales amounts 5,207 ■CS divis
Slide 14: Computer <1Q Sales>
＜1Q Sales＞ 14/17 Computer ■FC division Unit:Million yen Comparison to last 3,000 2,794 year performance ● Declined sales amounts 2,550 79.8% of remote controls and 272 optical receivers for AV 2,500 225 PCs 2,035 2,000 ● Declined sales amounts 186 of keyboards for ECRs/POS 1,672 1,430 equipment 1,50
Slide 15: SMK's management challenges
15/17 SMK’s management challenges 1. Three challenges ＊Enhancement of SMK’s brand recognition ＊Quality improvement by TN (transnational) ZD activities ＊Another try for creation of better quality products,”Only conscientious parts can build good equipment” 2. Turn-around of red-ink business into blac
Slide 16: Topics-1
16/17 Topics-1 1. Our overall ranking in prominent companies quoted in Nikkei PRISM has risen. 0 254th 200 314th 400 458th 600 748th 800 ２００４ ２００５ ２００６ ２００７ 2.SMK-SZ (SMK Electronics (Shenzhen) Co., Ltd.） Chosen by the China Electronic Components Association as one of the best 100 companies for 2007
Slide 17: Topics-2
Topics-2 17/17 SMK Special completed the “Beijin-Paris Rally”. ＊SMK supported “SMK Special” which participated in the "3rd Beijing-Paris Rally". (Our “SMK Special” entry was a 1916 Lancia Theta. All 129 entries were antique cars.) *The rally started on May 27, 2007 from the Great Walls of China in B