Tokyo Seimitsu Co., Ltd · TSE:7729

Tokyo Seimitsu — H1 FY2015 Earnings Presentation

27 slides from Tokyo Seimitsu's earnings presentation, November 2015

Slide 2: Cautionary note on forward-looking statements
ᑗ᮶䛾஦㇟䛻ಀ䜟䜛グ㏙䛻㛵䛩䜛ὀព ᮏ䝥䝺䝊䞁䝔䞊䝅䝵䞁㈨ᩱཬ䜃ᙜ♫௦⾲⪅䛜ཱྀ㢌䛻䛶ᥦ౪䛩䜛᝟ሗ䛿䚸⌧᫬Ⅼ䛷ධᡭྍ⬟䛺᝟ሗ䜢䜒䛸䛻䚸ᙜ♫䛜ྜ⌮ⓗ䛷䛒䜛䛸ุ᩿䛧䛯୍ᐃ䛾๓ᥦ 䛻ᇶ䛵䛔䛶䛚䜚䜎䛩䚹䛣䜜䜙䛿䚸ᕷἣ䚸➇த≧ἣ䚸༙ᑟయᴗ⏺䛺䜙䜃䛻⮬ ື㌴㛵㐃ᴗ⏺➼䛾ୡ⏺ⓗ䛺≧ἣ䜢ྵ䜐ከ䛟䛾୙☜ ᐇ䛺せᅉ䛾ᙳ㡪䜢ཷ䛡䜎䛩䚹 ᚑ䛳䛶䚸௒ᚋ䛾ᙜ♫䛾ᐇ㝿䛾ᴗ⦼䛜䚸ᮏ䝥䝺䝊䞁䝔䞊䝅䝵䞁䛻䛚䛡䜛グ㏙䚸ཬ䜃ᙜ♫௦⾲⪅䛜ཱྀ㢌䛻䛶ᥦ౪䛩䜛᝟ሗ䛸኱䛝䛟␗䛺䜛ሙྜ䛜䛒䜚䜎䛩䛣䛸䜢䛤ᢎ▱䛚䛝ୗ䛥䛔䚹 Copyright 2015 Tokyo Seimitsu Co., Ltd. All rights rese
Slide 3: First half FY2015 results
2015ᖺᗘ(2016ᖺ3᭶ᮇ) ୖᮇᴗ⦼ 14ᖺᗘ 15ᖺᗘ ๓ᮇẚ ๓ᖺྠᮇẚ ༢఩䠖൨෇ ୖᮇ ୗᮇ ୖᮇ H/H Y/Y ኎ୖ㧗 327 337 380 +13% +16% ༙ᑟయ〇㐀⿦⨨ 205 197 239 +21% +17% ィ ᶵჾ 123 140 141 +1% +15% Ⴀᴗ฼┈ 57 64 76 +19% +34% ༙ᑟయ 32 37 48 +30% +49% ྠ⋡ 16% 19% 20% - - ィ 25 27 28 +4% +14% ྠ⋡ 20% 19% 20% - - ⤒ᖖ฼┈ 60 68 77 +13% +29% ぶ఍♫ᰴ୺䛻ᖐᒓ䛩䜛 ᙜᮇ⣧฼┈ 42 48 5
Slide 4: Second quarter FY2015 results
2015ᖺᗘ(2016ᖺ3᭶ᮇ) ➨2ᅄ༙ᮇᴗ⦼ ᖺᗘ 14ᖺᗘ ᖺᗘ 15ᖺᗘ ๓ ๓ᖺ ༢఩䠖൨෇ 1Q 2Q 3Q 4Q 1Q 2Q ᅄ༙ᮇẚ ྠᮇẚ Q/Q Y/Y ኎ୖ㧗 141 187 162 175 184 196 +7% +5% ༙ᑟయ 89 116 102 95 123 116 䕧5% +0% ィ 52 71 59 81 61 80 +31% +12% Ⴀᴗ฼┈ 22 35 32 33 39 38 䕧4% +6% ༙ᑟయ 12 20 22 15 29 20 䕧32% 䕧4% ྠ⋡ 14% 18% 22% 16% 24% 17% - - ィ 9 15 9 18 10 18 +7
Slide 11: Balance sheet at end of Q2
2015ᖺᗘ(2016ᖺ3᭶ᮇ) ➨2ᅄ༙ᮇᮎ ㈚೉ᑐ↷⾲㈨⏘ ㈇മ/⣧㈨⏘ ㈇മ ⣧㈨⏘ ᮎ 15/3ᮎ ᮎ 15/9ᮎ ቑῶ ᮎ 15/3ᮎ ᮎ 15/9ᮎ ቑῶ ൨෇) ൨෇ (൨෇ ൨෇) ൨෇ (൨෇ ᨭᡭ䞉㈙᥃㔠, 㟁Ꮚグ㘓മົ 119 138 +19 ⌧㡸㔠 269 282 +13 ▷ᮇ೉ධ㔠 13 13 㼼0 ཷྲྀᡭᙧ䞉䛭䛾௚ 85 67 䕧18 ኎᥃㔠䞉 233 251 +18 㟁Ꮚグ㘓മᶒ ὶື㈇മィ 217 218 +1 ᅾᗜ 152 156 +5 ᅛᐃ㈇മィ 24 18 䕧6 䛭䛾௚ 25 31 +6 ㈇മィ 241 236 䕧5 ὶື㈨⏘ィ 679 720 +41
Slide 12: First half cash flow
2015ᖺᗘ(2016ᖺ3᭶ᮇ) ୖᮇ䜻䝱䝑䝅䝳䝣䝻䞊 ༢఩䠖൨෇ 13ᖺᗘୖᮇ 14ᖺᗘୖᮇ ᖺᗘୖᮇ 15ᖺᗘୖᮇ ⌧㔠➼ ᮇ㤳ṧ㧗 181 204 268 Ⴀ ⛯ᘬ๓䞉ൾ༷๓฼┈ 57 71 89 ᴗ ά (኎ୖമᶒ+ᅾᗜ) - ௙ධമົ 䕧8 17 䕧5 ື ⣡⛯ 䕧5 䕧13 䕧24 䛭䛾௚ 䕧2 䕧4 䕧5 ᑠィ 42 71 56 ᢞ㈨άື 䕧6 䕧11 䕧30 䝣䝸䞊䜻䝱䝑䝅䝳䝣䝻䞊 36 60 27 ㈈ ♫മ䞉೉ධ 䕧15 䕧2 䕧2 ົ ά ᰴᘧ䞉㓄ᙜ㔠䚸௚ 䕧3 䕧5 䕧13 ື ᑠィ䕧18 䕧7 䕧15 ቑῶ㢠(ྵ ᥮⟬ᕪ㢠䞉㐃⤖⠊ᅖኚ᭦) 23 53 13 ⌧㔠➼
Slide 13: Consolidated employee headcount
㐃⤖ᚑᴗဨᩘ᥎⛣ ᮇᮎ㐃⤖ᚑᴗဨᩘᐇ⦼(ᮎ᪥⮫᫬ᚑᴗဨྵ䜐 ᮇᮎ㐃⤖ᚑᴗဨᩘᐇ⦼ ᮎ᪥⮫᫬ᚑᴗဨྵ䜐) ᮎ᪥⮫᫬ᚑᴗဨྵ䜐 ๓ᖺᗘ3᭶ᮎẚ 137ྡቑຍ (ྵ 㐃⤖⠊ᅖኚ᭦䛻䜘䜛ቑຍ 12ྡ) Copyright 2015 Tokyo Seimitsu Co., Ltd. All rights reserved. 13
Slide 16: Full-year forecast
2015ᖺᗘ(2016ᖺ3᭶ᮇ) ㏻ᮇᴗ⦼ண᝿ ᖺᗘ 14ᖺᗘ ᖺᗘ 15ᖺᗘ ୖᮇ ୗᮇ ㏻ᮇ ๓ᅇ ୖᮇ ୗᮇ ㏻ᮇ ண᝿ ๓ᖺẚ ༢఩䠖൨෇ ᐇ⦼ ண᝿ ண᝿ ᑐẚ ኎ୖ㧗 327 337 664 380 300 680 +10 +2% ༙ᑟయ 205 197 402 239 161 400 㼼0 䕧0% ィ 123 140 262 141 139 280 +10 +7% Ⴀᴗ฼┈ 57 64 121 76 44 120 㼼0 䕧1% ྠ⋡ 17% 19% 18% 20% 15% 18% - - ⤒ᖖ฼┈ 60 68 128 77 43 120 㼼0 䕧6% ぶ఍♫ᰴ୺䛻ᖐᒓ䛩䜛 ᙜᮇ⣧
Slide 22: Current state of the businesses
஦ᴗ䛾⌧≧ ༙ᑟయ 䈄 ᙉ䜏䠖⢭ᐦ఩⨨Ỵ䜑ไᚚᢏ⾡䚸ෆ〇໬ 䈄䝏䝱䞁䝇䠖 ᪂ᢏ⾡䞉᪂䝕䝞䜲䝇 ஦ᴗ ィ䈄 ᙉ䜏䠖㧗⢭ᗘ䞉㧗ศゎ⬟ ᙉ䜏䠖㧗⢭ᗘ䞉㧗ศゎ⬟ ᐃᢏ⾡䚸ಙ㢗ᛶ 䈄䝏䝱䞁䝇䠖᪂ศ㔝䞉᪂⯆ᅜ䜢ྵ䜐ᾏእ㟂せ ஦ᴗ • 䝞䝷䞁䝇䛾ྲྀ䜜䛯஦ᴗᵓᡂ 㻙 ␗䛺䜛஦ᴗ㡿ᇦ䜢᭷䛩䜛䛣䛸䛻䜘䜛Ᏻᐃᛶ䠄㟂せኚືᙳ㡪䜢྾཰䠅 Copyright 2015 Tokyo Seimitsu Co., Ltd. All rights reserved. 22
Slide 24: Direction of both segments
୧䝉䜾䝯䞁䝖䛾᪉ྥឤ 䝯䜲䞁䝇䝖䝸䞊䝮㻔୺ຊ䝬䞊䜿䝑䝖㻕䛷➇தຊ䜢㧗䜑䛴䛴 Ᏻᐃ㟂せ䞉ᡂ㛗ᮇᚅศ㔝䜈㈨※ᢞୗ Ҟ‫˳ݰ‬ ᚘย ୺ຊᕷሙ䠖 ୺ຊᕷሙ䠖䞉䝰䝞䜲䝹(Ҹ䡹䢋䡬䢀䢈䡧䢙) 䞉⮬ື㌴ཬ䜃⮬ື㌴㒊ရ 䞉䝇䝖䝺䞊䝆(Ҹ䡷䡬䢆䢚䚸SSD) 䞉ᕤసᶵᲔ + + Ᏻᐃ㟂せ䞉ᡂ㛗ᕷሙ䠖 Ᏻᐃ㟂せ䞉ᡂ㛗ᕷሙ䠖䞉⮬ື㌴䞉⯟✵ᶵ 䞉 IoT(≉䛻ᑠ䜴䜵䝝) 䞉䜸䞊䝖䝯䞊䝅䝵䞁䞉 ᾘ⪖ရ 䞉 ᾏእᕷሙ ኎ୖ䛸฼┈䛾ᣑ኱ Copyright 2015 Tokyo Seimitsu Co., Ltd. All rights reserved. 24
Slide 25: Semiconductor business strategy
༙ᑟయ஦ᴗ䛾ᡓ␎ 䝥䝻䞊䝞 ඲᪉఩ᑐᛂ 䚸㞴๐ᮦ䡴䢚䢓䡮䢙䡼䢚 PG/CMP䚸㞴๐ᮦ䡴䢚䢓䡮䢙䡼䢚䝎䜲䝃/䝤䝺䞊䝗䝎䜲䝃䝤䝺䞊䝗 ᪂ᢏ⾡䞉᪂ᮦᩱᑐᛂ 䝅䝘䝆䞊ຠᯝ䚸ᕷሙᣑ኱ +䡭䢈䢛䢔䡵䡬䡸䡪䢙 ኎ୖ䛸฼┈䛾ᣑ኱ Copyright 2015 Tokyo Seimitsu Co., Ltd. All rights reserved. 25
Slide 26: Metrology business strategy
ィ ஦ᴗ䛾ᡓ␎ ෙ‫ٳ‬ỆấẬỦ ૼᙌԼỆợỦ ٥ɥỉਘ‫ٻ‬ ٥ɥỉਘ‫ٻ‬ ἂἿὊἢἽ˳Сᄩᇌ ‫ܭܤ‬ᩔᙲὉ঺ᧈಅမồỉૼᙌԼ৲λ ἭἕἚỺἼỴồỉදщ ή‫ܖ‬ย‫ܭ‬ೞ֥ỉਘᝤ ኎ୖ䛸฼┈䛾ᣑ኱ Copyright 2015 Tokyo Seimitsu Co., Ltd. All rights reserved. 26

Tokyo Seimitsu — H1 FY2015 Earnings Presentation on 6ix

Tokyo Seimitsu — H1 FY2015 Earnings Presentation

Slide 1: 2015年度(2016年3月期) 第2四半期決算説明会

Slide 2: Cautionary note on forward-looking statements

Slide 3: First half FY2015 results

Slide 4: Second quarter FY2015 results

Slide 5: Semiconductor business - sales and operating profit

Slide 6: Semiconductor business - orders and backlog

Slide 7: Semiconductor business - sales by region

Slide 8: Metrology business - sales and operating profit

Slide 9: Metrology business - orders and backlog

Slide 10: Metrology business - sales by region

Slide 11: Balance sheet at end of Q2

Slide 12: First half cash flow

Slide 13: Consolidated employee headcount

Slide 14: R&D, capital investment, depreciation

Slide 15: Market overview

Slide 16: Full-year forecast

Slide 17: Semiconductor business - forecast

Slide 18: Semiconductor orders and backlog - forecast

Slide 19: Metrology business - forecast

Slide 20: Metrology orders and backlog - forecast

Slide 21: Long-term indicators: maintain ROE of 10% or more

Slide 22: Current state of the businesses

Slide 23: Operating profit results

Slide 24: Direction of both segments

Slide 25: Semiconductor business strategy

Slide 26: Metrology business strategy

Slide 27: Copyright 2015 Tokyo Seimitsu Co., Ltd. All rights reserved.