Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — Q3 FY2023 Earnings Presentation

13 slides from Oki Electric Industry's earnings presentation, Feb 7, 2024

  1. Slide 1: Financial Results for Q3 FY2023

    Financial Results for Q3 FY2023 February 7, 2024 Oki Electric Industry Co., Ltd. © Copyright 2024 Oki Electric Industry Co., Ltd.

  2. Slide 2: Summary of Financial Results

    Summary of Financial Results Net sales and operating income were up significantly from the previous year. Net sales and operating income increased as a result of the recovery from production impacts due to the supply chain and the full-scale shipment of large-scale projects in Enterprise Solutions.

  3. Slide 3: Segment Information (Net Sales / Operating Income)

    Segment Information (Net Sales / Operating Income) Net sales and operating income increased in Public Solutions and Enterprise Solutions. 9 months 9 months (Billion yen) FY2023 FY2022 Variance (Actual) (Actual) Net sales 63.8 62.0 +1.8 Public Solutions Operating income 0.6 (0.6) +1.2 Net sales 115.5

  4. Slide 4: Reasons for Changes in Operating Income/Loss

    Reasons for Changes in Operating Income/Loss The increase was due to a recovery from the impact of a production decline last year and an increase in the volume of large-scale projects. Investment in human resources and growth was steadily implemented. (Billion yen) +1.8 (4.0) +4.1 5.8 (0.1) +8.8 9 m

  5. Slide 5: Overview by Segment (Public Solutions / Enterprise Solutions)

    Overview by Segment (Public Solutions / Enterprise Solutions) Public Solutions Enterprise Solutions The business fields of roads, firefighting, disaster Net sales increased significantly due to improvement of the prevention, and TOKKI steadily increased. supply chain impact and large-scale projects.

  6. Slide 6: Overview by Segment (Component Products / EMS)

    Overview by Segment (Component Products / EMS) Component Products EMS Business conditions have not significantly changed from the The impact of the decline in demand in the FA and robot first half. markets due to the slowdown in the semiconductor market IoT is positive due to improvement from procur

  7. Slide 7: Balance Sheets

    Balance Sheets Trade receivables increased compared to the end of September due to higher sales. Inventories have remained at the same level since the end of June in response to the increase in Q4 sales, but progress is being made toward normalization. Fixed assets increased due to higher valuation

  8. Slide 8: Cash Flows

    Cash Flows Operating cash flow turned positive due to improved profit. We aim to further generate operating cash flow by improving working capital. 9 months 9 months (Billion yen) FY2023 FY2022 Variance (Actual) (Actual) Ⅰ Cash flows from operating activities 1.3 (14.4) +15.7 Ⅱ Cash flows from inves

  9. Slide 9: Financial Forecasts

    Financial Forecasts Incorporating the current business environment and business performance trends of each business, as well as gains on sales of investment securities due to asset normalization, we revised its earnings forecast. Variance from FY2023 FY2022 （Billion yen） previous Variance Forecasts

  10. Slide 10: (Reference) Financial Forecasts

    (Reference) Financial Forecasts Public Solutions Enterprise Solutions Public Solutions Enterprise Solutions  Although there are strong and weak results in each area, the business environment has  Both net sales and operating income were revised upward. not changed significantly from the initial fo

  11. Slide 11: (Reference) Quarterly Results

    (Reference) Quarterly Results FY2022 FY2023 （Billion yen） Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Public Net sales 19.3 19.8 22.8 33.7 95.7 19.3 20.0 24.5 Solutions Operating income (0.3) (0.3) 0.0 4.0 3.4 (0.1) (0.7) 1.4 Enterprise Net sales 23.3 24.5 29.7 35.4 112.9 27.4 36.5 51.5 Solutions Operating income (1.6)

  12. Slide 12: (Reference) Major Products and Services

    (Reference) Major Products and Services • Roads (ETC, VICS), air traffic control, disaster prevention, firefighting • Business systems for central government offices, government statistics systems Public • Defense systems (underwater acoustics, information) Solutions • Aviation equipment • Infrastru

  13. Slide 13: Notice

    Notice • The projections and plans in this material are based on information currently available to OKI as of the date of publication and certain assumptions judged as rational, therefore actual results are subject to change depending upon the changes of business environments and other conditions. •

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