Nisshinbo Holdings Inc. · TSE:3105
Nisshinbo — FY2022 Earnings Presentation
38 slides from Nisshinbo's earnings presentation, Feb 10, 2023
Slide 1: Financial Results for FY2022
Financial Results for FY2022 (Jan. 2022 – Dec. 2022) Nisshinbo Holdings Inc. Feb. 10, 2023
Slide 2: Table of Contents
Table of Contents 1. FY2022 Results Overview P.3 2. Forecast for FY2023 P.12 3. Shareholder Returns P.21 4. Business strategies of Wireless and Communications P.22 5. Appendix P.35 The earnings forecasts contained in these materials are based on information currently available to the Company and are
Slide 3: 1. FY2022 Results Overview
NISSHNBO 1. FY2022 Results Overview
Slide 4: 1-1. Financial Highlights (y/y)
1-1. Financial Highlights (y/y) （mil. yen） FY2021 FY2021 FY2022 Change reclassified rate Net sales 510,643 483,853 516,085 +32,232 +6.7% Operating income 21,788 20,557 15,435 -5,122 ▲24.9% Ordinary income 25,358 24,715 20,397 -4,318 ▲17.5% Net income Attributable to 24,816 24,173 19,740 -4,433 ▲18.3
Slide 5: 1-2. FY2022 Results by segments (y/y)
1-2. FY2022 Results by segments (y/y) （mil. yen） FY2021 FY2022 Change reclassifeied rate Wireless comms Net Sales 153,130 150,392 -2,737 ▲1.8% OP 7,314 4,821 -2,493 ▲34.1% Micro Devices Net Sales 76,759 85,329 +8,569 +11.2% OP 4,193 8,947 +4,754 +113.4% Brakes Net Sales 137,455 153,643 +16,187 +11.8
Slide 6: 1-2. FY2022 Net sales (y/y)
1-2. FY2022 Net sales (y/y) Millions of yen 6
Slide 7: 1-2. FY2022 Operating profit (y/y)
1-2. FY2022 Operating profit (y/y) Millions of yen 7
Slide 8: 1-2. FY2022 Wireless & Comms
1-2. FY2022 Wireless & Comms Decrease in sales and profits Net sales (Millions of yen) Operating profit (Millions of yen) 7,314 153,130 150,392 4,821 FY2021 FY2022 (reclassified) FY2021 FY2022 (reclassified) ■Solutions and Specialized Equipment: Decrease in sales and profits Aviation and weather sys
Slide 9: 1-2. FY2022 Micro Devices
1-2. FY2022 Micro Devices Increase in sales and profits Net sales (Millions of yen) Operating profit (Millions of yen) 8,947 85,329 76,759 4,193 FY2021 FY2022 FY2021 FY2022 (reclassified) (reclassified) ■Electronic Devices Business: Increase in sales and substantial increase in profits ・Consumer (sm
Slide 10: 1-2. FY2022 Brake & Precision Instruments
1-2. FY2022 Brake & Precision Instruments Brakes: Increase in sales and decrease in profits Net sales (Millions of yen) Operating profit (Millions of yen) 153,643 2,973 137,455 (4,664) FY2021 FY2022 FY2021 FY2022 (reclassified) (reclassified) ■Nisshinbo Brake: Increase in sales and decrease in profi
Slide 11: 1-2. FY2022 Chemicals & Textiles
1-2. FY2022 Chemicals & Textiles Chemicals: Increase in sales and profits Net sales (Millions of yen) Operating profit (Millions of yen) 12,673 2,181 2,079 11,149 FY2021 FY2022 FY2021 FY2022 (reclassified) (reclassified) ■Insulation products: Increase in sales and profits Increase in orders for refr
Slide 12: 2. Forecast for FY2023
NISSHNBO 2. Forecast for FY2023 12
Slide 13: 2-1. Highlights of forecast for FY2023
2-1. Highlights of forecast for FY2023 （mil. yen） FY2022 FY2023 Change FC rate Net sales 516,085 557,000 40,915 7.9% Operating income 15,435 24,000 8,565 55.5% Ordinary income 20,397 27,000 6,603 32.4% Net income Attributable to 19,740 18,000 -1,740 - Owners of Parent Assumed exchange rate: US$1 = ¥
Slide 14: 2-2. Forecast for FY2023
2-2. Forecast for FY2023 （mil. yen） FY2022 FY2023 Change FC rate Wireless comms Net Sales 150,392 164,000 +13,608 +9.0% OP 4,821 6,000 +1,179 +24.5% Micro Devices Net Sales 85,329 95,000 +9,671 +11.3% OP 8,947 8,600 -347 ▲3.9% Brakes Net Sales 153,643 169,000 +15,357 +10.0% OP -4,664 2,500 +7,164 -
Slide 15: 2-2. Sales forecast for FY2023
2-2. Sales forecast for FY2023 Millions of yen 15
Slide 16: 2-2. Operating Income forecast for FY2023
2-2. Operating Income forecast for FY2023 Millions of yen 16
Slide 17: 2-2. FY2023 Forecast for Wireless & Comms
2-2. FY2023 Forecast for Wireless & Comms Increase in sales and profits Net sales (Millions of yen) Operating profit (Millions of yen) 164,000 6,000 4,821 150,392 FY2022 FY2023(FC) FY12/22 Actual FY12/23 Forecast ■Solutions and Specialized Equipment: Despite increased costs associated with the intro
Slide 18: 2-2. FY2023 Forecast for Micro Devices
2-2. FY2023 Forecast for Micro Devices Increase in sales and profits Net sales (Millions of yen) Operating profit (Millions of yen) 95,000 8,947 85,329 8,600 FY2022 FY2023(FC) FY2022 FY2023(FC) ■Demand for analog semiconductors is expected to remain strong, especially for automotive applications, al
Slide 19: 2-2. FY2023 Forecast for Brake & Precision Instruments
2-2. FY2023 Forecast for Brake & Precision Instruments Brake: Increase in sales and return to profitability Net sales (Millions of yen) Operating profit (Millions of yen) 169,000 2,500 153,643 (4,664) FY2022 FY2023(FC) FY2022 FY2023(FC) ■Nisshinbo Brake: Aim to further increase orders for copper-fre
Slide 20: 2-2. FY2023 Forecast for Chemicals & Textiles
2-2. FY2023 Forecast for Chemicals & Textiles Chemicals: Increase in sales and profits Net sales (Millions of yen) Operating profit (Millions of yen) 14,000 2,600 12,673 2,181 FY2022 FY2023(FC) FY2022 FY2023(FC) ■Fuel cell bipolar plates : Household use: Already high market share. Fixed-type: Expand
Slide 21: 3-1. Shareholder Returns
3-1. Shareholder Returns Basic Policies on Profit Distribution to Shareholders "First, we will invest in growth, and we will pay stable and continuous dividends with a consolidated dividend payout ratio of around 30%. After securing sufficient internal reserves, we will consider proactive shareholde
Slide 22: 3. Business strategies of Wireless and Communications
3. Business strategies of Wireless and Communications 22
Slide 23: 4-1. Vision and Direction of the Wireless and Communications Business
4-1. Vision and Direction of the Wireless and Communications Business Aiming to Become a True Solution Business Social solutions Offshore solutions [Solutions and Specialized Equipment] [Marine Systems Business] Disaster Reduction, Traffic and Smartship Defense Solutions Solutions Infrastructure mai
Slide 24: 4-2. Disaster Prevention and Reduction Solutions - Aiming for Zero escape delay
4-2. Disaster Prevention and Reduction Solutions-Aiming for Zero escape delay Average temperature already rising by about 1°C (compared to before the industrial If we fail to take measures, revolution) 2.6~4.8 °C increase Catastrophic and frequent occurrence of water disasters due to heavy rain emer
Slide 25: 4-2. Disaster Prevention and Reduction Solutions - Toward Personalized Evacuation
4-2. Disaster Prevention and Reduction Solutions-Toward Personalized Evacuatio Individual Optimization Up to now Japan Radio's Approach to Zero Escape Delay through Basin Cooperation Point to surface Sensor monitoring Sensor monitoring ・Areal Precipitation Observation with Phased Array Weather Radar
Slide 26: 4-2. Disaster Prevention and Reduction Solutions - Roadmap
4-2. Disaster Prevention and Reduction Solutions-Roadmap Developments in countries Five-year accelerated measures for disaster prevention, disaster mitigation, and national land resiliency(R3～R7 fiscal year): Size of the project: Approximately 15 trillion yen R5 Fiscal Year R6 Fiscal Year R7 Fiscal
Slide 27: 4-2. Disaster Prevention and Reduction Solutions - Topic (1)
4-2. Disaster Prevention and Reduction Solutions-Topic (1) Capital and business alliance with Aerosense Inc. Proposed system for drone utilization Signed a capital and business alliance agreement with Aerosense, a Japanese industrial drone manufacturer (October 2022). Create the following systems an
Slide 28: 4-2. Disaster Prevention and Reduction Solutions - Topic (2)
4-2. Disaster Prevention and Reduction Solutions-Topic (2) Participation in exhibitions on the theme of "Basin Flood Control" On the theme of "Basin Flood Control" at the [First Regional Disaster Prevention EXPO] of "Local Governments and Public Week" held at Tokyo Big Sight from June 29 to July 1,
Slide 29: 4-3. 4G/5G Solutions - Business Targets
4-3. 4G/5G Solutions-Business Targets Business Targets Global Expansion of Private Wireless Solutions Leading the way with LTE overseas, and expanding the results to Japan ・Overseas: Develop private LTE and shift to 5G ・Domestic: Promote demonstration tests of local 5G and develop overseas use cas
Slide 30: 4-3. 4G/5G Solutions - Delivery Results/Focus Markets
4-3. 4G/5G Solutions-Delivery Results/Focus Markets Delivery Results/Focused Markets Major Delivery Results 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 NISB test-course 5G German nuclear power Deploy private LTE/local 5G plant European India Railway (Forecast) Vietnamese police Brazilian oil r
Slide 31: 4-3. 4G/5G Solutions - Digitalizing Operations
4-3. 4G/5G Solutions-Digitalizing Operations Digitization of public safety operations New form of public safety operation Smartphone application • Real-time sharing of video and location information • Convergence of 5G networking and advanced computer technology SyncTalk (under trademark registratio
Slide 32: 4-3. 4G/5G Solutions - Zero Trust Security
4-3. 4G/5G Solutions-Zero Trust Security Zero Trust: Local 5G Security Solution • New approaches to public safety and IoT cybersecurity • Cyber Security Integrated Local 5G Architecture SIM card Unauthorized Secure SIM access Unauthorized Web accesses Cards Device management restrictions Anomalous t
Slide 33: 4-4. Ocean Solutions - Topic (1)
4-4. Ocean Solutions-Topic (1) J-Marine Cloud : Mechanism for consolidating information related to vessel operations in the cloud and promoting utilization Acquired third-party certification for ClassNK Certification service of the Japan Maritime Association in 2022 "Innovation Endorsement" Certific
Slide 34: 4-4. Ocean Solutions - Topic (2)
4-4. Ocean Solutions-Topic (2) Participation in Social Cooperation Course of "Maritime Digital Engineering" ・ Maritime and Ocean Digital Engineering Laboratory: MODE Opened on October 1, 2022 ・ Six parties related to the marine industry + Jointly established with the University of Tokyo and particip
Slide 35: 5. Appendix
NISSHNBO 5. Appendix 35
Slide 36: 5-1. Financial results by segment ①
5-1. Financial results by segment ① Wireless and FY2022 FC FY2021 reclassified FY2022 Change FY2023 FC communications Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Marine systems 34,300 800 33,159 797 35,844 1,633 2,685 836 37,200 900 Solutions 68,500 3,100 70,122 5
Slide 37: 5-2. Financial results by segment ②
5-2. Financial results by segment ② FY2022 FC FY2021 reclassified FY2022 Change FY2023 FC Precision Instruments Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Precision parts 16,000 200 12,446 223 16,259 158 3,813 -65 20,200 800 Molding products 40,000 1,100 39,092 1
Slide 38: Abbreviations for Nisshinbo group companies
Abbreviations for Nisshinbo group companies NISH: Nisshinbo Holdings Inc. Consolidated subsidiaries of NISH. JRC: Japan Radio Co., Ltd. NISD: Nisshinbo Micro Devices Inc. NISB: Nisshinbo Brake Inc. NISM: Nisshinbo Mechatronics Inc. NISC: Nisshinbo Chemical Inc. NIST: Nisshinbo Textile Inc. (NJR: New