Slide 1: ESPEC CORP. results presentation
ESMEC FEAF I—-K6859 LANYF7RAS Ht 201 7E( 201835) ODF RG AS 2017411208 www.espec.co.jp ESPEC CORP.
Slide 2: Contents
Bix Sue 2017 ER 2048 RARE 2017S OMFHRA LOXAVb GIA 2017E wit Seat ESPEC CORP. 1
Slide 3: Company profile
Stee ME7ORS MRO RY 7 x—p— 2H @ LAN97 thetB4t AHLEMT Alath ALK Kee 3-5-6 CR F BH HB CULE FESS) mA 1947F( FR #N225F )7 A258 BIZ AA 19545F( FR#N295F 1138 HAZ 68958 AR ST ARNBM 23,781,394 HERA 1,453 ie ) BRAS RRM. LFD-FNARE. +HARERB. BMVLRORE Me. PIZ—V—-EA, SM REC ein tee HRSOMUE BIAGO%IAL (2017#9A 30AR
Slide 4: Group companies and global network
FA—-NAYSI—F BARRY kKI-F BAwsA 250 BeTSH 114 CHB. BIAS 4) 437H33% Baates 462 - A = : 7 " ' es Fan ee) Fe © a aun ley oi +) AESPEC EUROPE GmbH - - et 3 OLELMMRRARRE ROA - ne ach ia OLN MAREE (1) ARAA @ESPEC NORTH AMERICA, INC. LIMITED SIRKETI @R NMR (ER) BRAT @QUALMARK CORPORATION : OLN MRARAK( be) AR
Slide 5: Business and products
Bie ( SaROMIY/ Miz) ee aHES : BIRR. E708 manne “MOREE mame OREM eas NRE “P ERR. RES hates NAbFeyiN— “LCD, A#@EL . ES 4 RTE RM || CE ane Py xyo-7 10288 cxeeeennaem RB rie Ree Ee em aeuecx ee Nota tk me FOCRERE eemgem -HEAZTA || ae Se FRG i ‘P72-YECRA -#BAWLR -‘BEUR, ETAS _ Z -bm x ith “BBLY AI Perry,
Slide 6: TOPICS
TOPICS (201778) BAM BRM AAR ORT GHEBRETSAYY-At RE Eee a RESIS 2020 LUM TTR BAN TH 2025F LUM ROMMAAZ—b FAAMAMAEVSISSA CHER TRAC REX (GWP AUN A Ge (HH TISEGWP2500L1_£ <i PR—-GWP 1397432 FA ) -2018FRETCERING. 20200F RETA N MOM 250 T PE SK BRA i ARE RIN TISBMRAAOHFC (V7 KAFIADA—KY) . PFC (N-T7UADA-KY) .
Slide 7: TOPICS
TOPICS (201 7#88A) DIE ULANY TRA - RHBBI * 2 OBRSx = hate Had NS 20H BORSWehi te ASR OIE MICHEL BN a RASS SL moon LAN TSRERAR RASS RSA jad ? (3232249) ) F—-V3~ 4HC 2500 Meee 4 (2017#E) TV 1S RIIOS AA SBR BESEETO) 1 OFFI T2024. $888 10,5227 Rehm KDHE LAN Y THR - RHEE MRSOMFCRSIV7 FI. ASOHSHREELS5F SR
Slide 8: TOPICS
TOPICS (201718) (20172A) Face saa At MIS a=47-YavrR BRESBEME 3 8 ii @RAt 25825 20164 384iZ 20154 | 48te wow 201447 | 1134a PRA A Ps yaa “gre EURRAS MSHS EUR. (—M) WR AMRET 4 -7bER ESPEC CORP.
Slide 9: TOPICS
TOPICS BIN-YF 4 OME — RE ABEEOM |) hs sa @ 2016828 mesmasy oc © FRTHRPRRBET—7 I< SHA) EWE V4 @ 2016%3A AmB ok KRG —F 4 VIAYN6O—) ORTERS Sef, @ 2016F9A manmesY ‘\ ( | see O< BEV—7 'ASIEL) OREMENS ESPEC CORP.
Slide 10: ROH RARZ
201 7 ROH RARZ ESPEC CORP. 9
Slide 11: 7ELHOR')IB)
201 7ELHOR')IB) “BEOKKIV/ BE 108~ 1 14 THES *TABIONE ESPEC (Rm AE ICHE 9G 7 RAO WILICPESEVICO ME (201587 A LBIANY TERE FRAC) “PEL: NEVIREI20 1955 38A MGIB S17 77 CMF REL: 201 BSE LU ZEVER ERIE 10M) 201696 11F IECMH? A RUNBRIEMABICR EE BR TEE CHRENRLL COE HA MNT )BARDU-ZX BMEBIES TZ (2021SFETICO5G/ k
Slide 12: ARR LAS BOSE ABLE CHI at
ARR 201 75 LAS BOSE ABLE CHI at FAM StH FE) 1 OA LACEZER eo bad Ee lsd este oC BERR GICRRMRERS BAe elcsel bic A ae i200 #BLEES eee Co REFR BCR) BPS Sloe EAE blo ee 200 ArtTAkkOEHS MSF e O MEMMBOMBIC ‘EMM PROM MBORBICLY FAS Meee SABOWMC, BEAO - mwas |O arickuiem BRAROW MIC) LBS 1 PRY HY Std, rao Sis
Slide 13: Hat OD AKI
Hat OD AKI (BAR) 19,914 20,000 22,850{ 14.7%] 14.3% 17,250 17,500 18,396[ 6.6%] 5.1% 11,360 11,300 11,770 (65.9%) (64.6%) (64.0%) 5,889 6,200 6,625 12.5% 6.9% 4,880 5,000 4,999 2.4% AO. 0% 1, 009 1, 200 1,625] 61.1%] 35.4% 833 1, 250 1,691 103.0% 35.3% 512 850 1,165} 127.5%) 37.1% 3. 6% 4.2% ESPEC C
Slide 14: LI AL ABIOBON:
LI AL ABIOBON: BAR 16. 5% 16. 5% 16, 508 16, 500 19, 230 14,188 14,300 15,355 8. 2% 7.4% ‘Se He 901 1,050 1,621 79.9% 54.4% 2,908 3,000 3, 061 5. 3% 2. 0% ES) 2666 ©62,800 = 2, 702 1.3% A3,5% 152 200 87 A42.6% A56. 5% 621 600 674. 8.6% ~—-12. 3% a 502 500 439 A12.6% A12. 2% SeRe A45 A50 A82 - - cE:
Slide 15: Bott Oi mea a
Bott Oi mea a pl ema (BAB) | -eame pte 96! mtonee aw e| A105 | 83) AR x t 4,625 Ws SS 1,009 391 344 A119 FTLEOWRICLS AAm#O HI MEAOw IM ALRAROWR ASLAN SS 1 : Own : : 20165 TT 20175 2Q 2Q ESPEC CORP.
Slide 16: BE- Aoi
BE- Aoi Tae | | | as ' 75.446, 15 599 49g“ 146“ASt-AgelT74 A871 64 8308" 922 Rh = @€ Bt & m #8 a oO # Bee eee gE f8 58 cd # i 49,044 # Zz & & 49,47749,044 B # 2 ® 49.477 = Be & ff & Se _> i > 201658 20178 20167RR 2017 2Q% 20% ESPEC CORP. 15
Slide 17: {CR - RE awWS
{CR - RE awWS EEOE 6:0 = wee HK<CRS wo — LSEMMWCRS HRHABLES HES) RECRe Ahab ER | eeNAT ~ VA
Slide 18: 2017 second quarter results by segment
2017 RB2DFMRA CAXAVbA DAH ESPEC CORP.
Slide 19: Rie SRCIXV/
Rie SRCIXV/ BWR CRS SLecsciem Ritwls. SCRERAARA- BUCS, BAFSHEMFeElLesS FLlals. SCORER ROMMABM., CBAFASHEMESLAS BMH CRS BLEcEcLas Ritwls, BERR AZSLNRMCC IM, SBAFSHEHBELes FALBls. SCORER RAM. BAFASASH wis LI Y-FINMARE MARE CR ISR. sob lsieM Rites. MAB MRBO-BLESHOLMECOURTRY Fo _Lisld. ASE AR EROS Lat b
Slide 20: [ARES (%) ] [6.4%] [7.3%]
2017#E 2Q%5t 16,508 16,500 14,188 14,300 901 1, 050 [ARES (%) ] [6.4%] [7.3%] ESPEC CORP. (BAF) mie FIALE 16.5% 8.2% 7.4% 79. 9% 54. 4%
Slide 21: Y-EARRUIAVL/
Y-EARRUIAVL/ (BAF) 2016S | 201758 | 2017FR nase FA 2QHMHtB | 2QKEt FlRALE ate 5. 3% 2.0% 1.3% A3. 5% A42.6% A56.5% PIS—Y-ER- LY G=PVYG RURAL HAM BLC. itm TLRCoICASSIBMEL itm LYS MRTSERIPALE CIS, SERISTFARIY F479 LYS IAEA CHB MN, Sob eS AE eRe MMRMHBMU TS. RtRs bese tmst tas ESPEC CORP.
Slide 22: EO th FREI XL
EO th FREI XL (BAF) 2016 | 2017E | 2017FE BOs be) 20Rr | 2080HE FRBLE Ei 54 500 12. 3% TLR 502 A12.6 A12.2% ASO [A10. 0%] Beles A45 ire AO LAS. 1%] BURLY INP UY ML MRS RBL MAST C. BV -ROSUPBAICHBLRERIIMT Sb, TLRS D ESPEC CORP.
Slide 23: THe bl 5c bts Ae
THe bl 5c bts Ae a tone SS ao Lams OG Fihin - BT MBS OFS aS 100% . 80% - t 60% 40% 20% 10 10 10 0% 2013SFRE 20145FR 2015SFE 2016 2017FER 20%5t 20%Et 20R5t 20R5t 20R5t ESPEC CORP. 22
Slide 24: Shia Bll 5c _b te Ae LL
Shia Bll 5c _b te Ae LL MOTEL BE: 42.5% MOL RIE: 46, 2% 3. 7% 2.8% 14.3% 13. 3% nae 4.0% |"?e 5. 2% Pie 20164 m BR 2017% 2Q BRETT! 53. 8% 2Q 5.9% |m tote ’ 17. 5% 57.5% Bx 4.8% 5. 6% 0.8% 0. 8% H 17, 250859 Ht 18, 39685 (#33 b:7, 339859) (+5245 :8, 49180) ESPEC CORP.
Slide 25: 2017 forecast
2017 He ESPEC CORP.
Slide 26: Kit
N S “I Ht Kit 7] Co] S) TL. at = AEs. SHib-AMBROMEAEA TS VRAACEICRAS RIS AVS, BRL TRMSMMEA TE BAAS AARC HAIR E-LL7bO-7ALSRCERARE MONSHH, RK. RMP IPS, COLUPERA ee 3] DRESSER EA RELA Fal ties Lt Y—-FINMARE RE Bis, RABRROMENEA THUR +H4R ERE +HCSRRRAE PIE PIS-LY ASH Etim RttRSAHE Se POCA HYLIS-RISUORESE
Slide 27: 7FRMESBL—b
201 7FRMESBL—b BMEAael—b Rik Ri Ri Ria aE USKD( FI) 121.11 111.74 108.81 “11294 11000 (SF )2017FRABSGR HMI AD ) TL 12385 RRY BRA ee 1ISHARRY ESPEC CORP.
Slide 28: RHC Hie St Oe
201 7 RHC Hie St Oe fs 500 5 450 - 400 - 350 - 300 - 250 200 PRES st AMO Wiel (FLS4IO0CGHRUL. SRURIORBUL, SRARH1IO“NWL) m= A — 4OHAH Bel at _ Re —HOaAte KORA 44 (10.0%) 359.0%) 32 | 201 4% 18201 5201 ea2017 78 ESPEC CORP. 201455 2015 2016 2017 +H
Slide 29: sEHH iam
2017 te 201738 sEHH iam ry es eee | aman | Fete | ame | wma | Cnmitm) Bie 40,289 | 22,850 21,150 44, 000 9.2% 40,500 Tlie 39,507 | 18, 396 25, 604 44, 000 11.4% 40, 000 oo beat 13,447 | 6, 625 8,878 15, 503 15.3% 14.150 Est) | (34. 0%] | [86.0%] | [34.7%] | [35.2%] ow" (35. 4%] SRA 3,243 1,625 2,775
Slide 30: REBRCIXVE
REBRCIXVE (SAR) 201 | 2016s | 2017#E ia BWR LAS 2 Ee Soc wen | ammm | CSMNED EES sa. 124 19,230 17,570 36, 800 11.1% 33, 300 a 32,334 15,355 21,445 36, 800 13. 8% 32, 800 Bele 1,621 2,179 3, 800 [AUSERE (%) ] 110.6%] [10.2%] [10.3%] 3, 050 44.5% 19. 3%] ESPEC CORP.
Slide 31: Y-EARRUIAVA
Y-EARRUIAVA (BAB) | 201m | 2017 2 an Hi = 6, 096 3, 061 3,139 6, 200 6, 200 6, 065 2, 702 3, 498 6, 200 2.2% 6, 200 SeAit 594 87 513 600 1.0% 650 [ARES (%) ] [9. 8%] [3.2%] [14.7%] (9. 7%] ee 110. 5%] ESPEC CORP.
Slide 32: EMHBREIX YA
EMHBREIX YA (SAR) 201648 2017 (REEL) BWR iat i RABI 1, 331 626 1, 300 A2. 4% 1, 378 439 861 1, 300 A5. 7% BRA 18 A82 82 (¢) [Fumes (%) |] [1. 3%] [A18.7%] [9.5%] [-] ESPEC CORP.
Slide 33: Bic Si BS
Bic Si BS RENALSE OARBLERSOBRRAD—OCMMISCLE, KRNE ERMHEOM LARS MEM LOBACHA, A SMRECH A EMER ORE —RALUBS SCRA CF) FD cM = SBE 58 «3 50 40 36 30 % 22 24%! 20 20 14 15 1845 ‘8 i a ohh eee oe : 5 5 >| a ite mg? 7 9 12 06 407) «(8H (ER) Bett 20.6% 46.7% - — 21.4% 21.9% 28.6% 29.6% 28.5% 30.5% 36.8% 41.4%
Slide 34: Quality is more than a word
Quality is more than a word ESOEC
Slide 35: CORPS. SHOREOH MP RARBLECASEN THES.
CORPS. SHOREOH MP RARBLECASEN THES. TNSBROHMY PMMBECS. MEA FO RECRESClC, HASH - PHMLLEONTHVET. RRORMECIS, SROMRVERA- BRICLVCOH MSCS RESRAVS', CNRS TORREBHLEN, (REET SEO Tt TEWVECA. [SHUAbtsE) IAN 7HRN St 7530-8550 XBRTALRKMH3-5-6 TEL 06-6358-4744 FAX 06-6358-4795 e-mail ir-div@espec.jp I-#L—-bhass=4
Slide 36: Sent
Sent ESPEC CORP.
Slide 37: Fate ee Oi
Fate ee Oi BT RMECOSESES LRN MCT, MR. HR. ED, MHCCOMRMATICLS RECO - HHL, RRORALHERTSEOORR <19505K> <19708K~ 19905 > <RtE> BATHE nO RA te! RAGE ARR MROR RS LA¥—-HH? AHO JISHIBIE F—VeGR'), BHC BRCOMBCH Bib- AERO Pose OMANI ABCA CRRA EA 7: — > @) | 1961 BAMORRRREEME HRY IP No.1 2 BAY? - D 6O% LE THR IP
Slide 38: ERORE
ERORE Mb Clon RAE MIC R EIA | sameELsI | > SRARTEIERCIC) f | ane. loT | | 1975 19823 +RRRREE FPDRE HAYATL BHenee BRSA BREA
Slide 39: FITZ JOA / BRE eet
(Re FITZ JOA / BRE eet [WI—FINT2Z) BGG RMR: —40004+125C SAERRE oe inte | MBM: +1750, +850 (AD)A-T BN Not RE (Rtv y—) ae BEHOREI 17 VRB: —4000+4+110C EMRE 7IFI2A)/A-7v BSACHVRORE SARE: -3005+85C8U=7 RIG | Nyy RE- ARRBRICF EU — @ seg | RRMBREIR: —30ORTO +800, —55'CO+155°C | SRNR {CCD/CMOS] | 4g | MsGH
Slide 40: (RBS ECM
(RBS ECM eee lee 2017%7A RMHMEIMETSASU—X BPA) BFR ARAN sores11n YUS7—ARRCHEIR RAR Y—% “ECHR OAR SRRRRCST7 BH 18°C /mO@SRASE CREW 2016%6A —IPXOKBtERSE RE ADR ORPPORERRA ST MRBIC (BERRI ) BST EMSA, SOMITE SOeHU BAL -EICAMMICASUT, MESICAENS BONS) PBR POF ARPS SA SEWED so1esan MIBRYh7—7 -RE-ADMBORPEBLAT
Slide 41: TOPICS
[ies TOPICS RANA RRS tRmOD vb y 7 ews (2016115) (201778) M/\-¢/\'7 fin ( (2 SBARDU—Z BtHRGSRETSAYY—2 BREERLAT7 ABE PE CHIC “EAM RMFAAR MIE penpals RRC TR AR ERIS 2020 SUM MTR “R18C /mnO SMS BATE 20255 SW ROM HAAS —b BS ASC “FAA MAEVEISSAMCHBER aR HBL Tepi = (GWP AUN AL GIRS ERD ANSP RELEW7OAN7—- ERM
Slide 42: TOPICS
[RS ITOPICS MARGHl BER HERE LAY —aAM AV—-hYAF LARC EBL TH ) ARR: ALR FALE: ABLEEAIO ABND—AY Fs 4yat—Oehe- RSE 100kWEORRA PHA 21by os rthi AR GREES (201633 AMA ) MPATHGAA Rint MRS Sis Bib mie s—( Anz) WARM: OREKETRAOBRERS QuyereeaetRRE( LIY—7 NAR) FALE: OFFS MBER CECERHOLESH HG QeBihASs-hLABS, BAPBRL
Slide 43: TOPICS
(RSA ITOPICS MAR BAAAS A2t-VASR SHREYA 2016545 Miz) MARm: {(KEKhL——Y 7B BRIS Fam: {EES FAKGE TOKL—AY PICKS id HM BE » EH BE TIO fe] _E PAV-hLOBM. MRHLhL—-—YIHEOMR RRKL—-=Y 7B {ERR 7 IVS ESPEC CORP.
Slide 44: [RBBR) LIV—-TF/NMAREOMES GH
[RBBR) LIV—-TF/NMAREOMES GH FRSA Tie MT7VIF ARDEP BAAD ECOREKAR RICA SNSEUFOLI AY BHOPRMEC RACER SOOKE TCHS AGRE = RB ith OU GE He Op ST PRENYANINIFY—FAR— ESPEC CORP.
Slide 45: [RBSX) +SCMEREO MES Hl
[RBSX) +SCMEREO MES Hl PRAT NI AZAREZORRRE LEIS. ARMERALMMRACER m 7U> bie aig sy ESPEC CORP.
Slide 46: [Y-EARR]
[Y-EARR] RmOP MRL. AVTFYAY-EA, HRROMS- MR. RE BREE BEANO. 1929h9-FICKSAZE—-F 1H HB RARMDNY—-EA LANYIAY ITY YR—b LERB—h IGE LU SIL SHMR- D-H. IPT I, NRL SI), PENRO, RRBRECE Bf BASam, Heme RMeR (HA: Fae 2am SHS, Pe: be e) =. + ISO/IEC 1702512 D<IECQSRIT St ERAT + HERE BRS ERE (JCSS) (CBO< REM MRA WF U
Slide 47: TOPICS
[Y—EABR TOPICS HRM Ny FU REBEL Y 4-1 ICT BRACE LCRA + REED —EA Sie ES RAVECE R100—2. Partll* TESSnZ-ZGARORSERRORIE SAUER ORE HEV AKT SIV AhY TV —-EASi (2015%9R FRBFO/AYAILY IACMR) 42016887 A kVA BOE NWIFIRPRELY 2— ($8855 aS ILD OAK) ERR HIRES) BORER ESPEC CORP.
Slide 48: ROSY i
ROSY i MEARMET FI LSHERE. AR FREAURBLORI M xKDS<4) \. KEBMERALL, AMRR. BERS ORK. KARE MB Mme Eh? 47 EFRRORBMICMRHEBICLS BL-BRRbYATL MA LBAR HVORMICDREH REE - BABE BBlCIYhO—L CEMER CSM: BRYVATLELURB AFINBMLR Jrftbeay ESPEC CORP.
Slide 49: TOPICS
(EOhBR)] TOPICS MAFF BE MA SRR ey MARG: SMEARS SRRi 2H Ci, (RR, TS. AER RILO ARS) Fam: BREE COHORTS SEARO MSHI EKA RO REE ih aOR CEH Tre See E “ann (2016 3A MA) TT et err ESPEC CORP.
Slide 50: TOPICS
(Othe) TOPICS MPREKeSAL LRT MERRe SE 2016%3A. AAS SMICRELABM LE lcslT, MERE KCERLESAISRCR HAMMER REL M5 KANSAS 1-LTFY—. RRAFCORMMR r Ee, — MMLRcCteRR TS R5U-71 ESPEC CORP.
Slide 51: TOPICS
(Oh S5] TOPICS IZN79577h' 4360 MOMMA MhRCHASEA '$13B TA7VOS7VAR BRA ICRA MRO SBT 2016108) BLA7VOS7YX (201611) ‘BHRMUAHORESCRARE AWARLE+h—-cCHARA hU RVI CHERENK A AREA ERRAOREMMMCE OTS BEFORMACLRBORCET HARKOAAMCHET SRE SHH CH60R3IA ASMA SBME ie “HM TLETSRECAMLA Dice ae KAMARA rie CaS BBESOSE) FRQAxMM
Slide 52: Fealya [ad a \ OD AR +) HA
Fealya [ad a \ OD AR +) HA RA OMVMAC ERE SOR ERRAO—IeUBSII, RPh ee RE -MBICMUMA THIET @ DM LAN y i - RRS MEER RSICRS SoS - RMSE + RICCO LT BEASEME RE. 19975, WRSOMFHICRE @ LANKYIHEV ORR MN HE RICB I< AMBESRR. ae: HO TLEBASV—-F-OBMEBWIC see sn SHSihTeS+—PTNY b ePafe +CSRUA—hA2EBRT WiRIS1=7—-YavAR™ ER
Slide 53: BIN-DF OEE — TEAMED MW |!) 1%
BIN-DF 1 OEE — TEAMED MW |!) 1% ZEHAORNPREARO LOOM ROKREC BMERANOHSREA A CS SMM OSU SHEEL THIET a Vn @ 2016828 mesmasy Nea FHTUK-KREBEV—F I< SHA) EWS 2 @ 2016838 Ame I AMMSEMY —7F 479A N=) OWEN 2 @/, @ 201689 mesmhe sy ‘\ ( | see O< BEV—7 'ASIEL) OREMENS ESPEC CORP.