Yamaichi Electronics Co., Ltd. · TSE:6941

Yamaichi Electronics — Q1 FY2023 Earnings Presentation

14 slides from Yamaichi Electronics's earnings presentation, Aug 4, 2023

  1. Slide 1: Financial Results for Q1 FY2023

    Financial Results for Q1 FY2023 August ４, 2023

  2. Slide 2: Contents

    Contents 1. Q1 FY2023 Results 2. FY2023 Forecast 3. Purchase of Treasury Shares 4. Dividends Abbreviations Used in This Presentation Business Segment Abbreviation Test Solution Business TS Business Connector Solution Business CS Business Optical-Related Business OPT Business 2/14

  3. Slide 3: Q1 FY2023 Results

    1. Q1 FY2023 Results Results YoY YoY Q1 FY2022 Q1 FY2023 （Billions of JPY） increase increase results results (amount) (％) Net sales 13.1 8.8 (4.3) -33.1% Operating income 3.2 0.5 (2.6) -81.5% Ordinary income 3.6 0.6 (3.0) -82.3% Net profit 2.5 0.3 (2.2) -86.6% EPS（JPY） 122.69 16.76 (105.93) ---- BPS

  4. Slide 4: Results by Business

    1. Q1 FY2023 Results Results by Business YoY YoY Q1 FY2022 Q2 FY2023 （Billions of JPY） increase increase results results (amount) (％) TS Sales 7.4 3.4 (3.9) -53.2% Business Operating income 2.6 0.1 (2.5) -95.5% CS Sales 5.2 4.9 (0.2) -5.5% Business Operating income 0.4 0.2 (0.1) -38.3% OPT Sales 0.5

  5. Slide 5: TS Business Results

    1. Q1 FY2023 Results TS Business Results TS YoY increase YoY increase Business （Billions of JPY） (%) Sales (3.9) -53.2% Operating income (2.5) -95.5%  Test sockets were affected by production adjustments by customers in products for smartphones and PCs.  Under the logic semiconductor sockets produ

  6. Slide 6: CS Business Results

    1. Q1 FY2023 Results CS Business Results CS YoY increase YoY increase Business （Billions of JPY） (%) Sales (0.2) -5.5% Operating income (0.1) -38.3%  Products intended for the automotive market performed favorably due in part to growth in production volumes among major customers and the launch of n

  7. Slide 7: Forex Impact on Results

    1. Q1 FY2023 Results Forex Impact on Results YoY Forex rate Q1 FY2022 Q1 FY2023 increase USD (JPY) 129.57 137.36 ＋7.79 EUR (JPY) 138.05 149.47 ＋11.42 YoY forex impact Net sales JPY 0.49 billion Operating income JPY 0.13 billion Forex Impact on Impact on sensitivity operating net sales (JPY1/year) in

  8. Slide 8: Capex and Depreciation

    1. Q1 FY2023 Results Capex and Depreciation 8/14

  9. Slide 9: Revised Forecast for 1H and Full-Year FY2023

    2. FY2023 Forecast Revised Forecast for 1H and Full-Year FY2023 Regarding the consolidated earnings forecast for 1H FY2023, we expect that sales and income will be affected by production adjustments at major customers due to sluggish market demand for products for semiconductors used in smartphones

  10. Slide 10: Revised Forecast for 1H and Full-Year FY2023

    2. FY2023 Forecast Revised Forecast for 1H and Full-Year FY2023 FY2022 actual FY2023 forcast （Billions of Initial Current Initial Current Full- YoY YoY JPY） 1H 1H 1H full-year full-year year increase increase forecast forecast forecast forecast Net Sales 27.1 46.9 19.6 18.3 (8.8) 42.0 ---- ---- Oper

  11. Slide 11: Individual Segment Forecasts for 1H and Full-Year FY2023

    2. FY2023 Forecast Individual Segment Forecasts for 1H and Full-Year FY2023 FY2022 actual FY2023 forcast （Billions of JPY） Initial Current Initial Current Full- YoY YoY 1H 1H 1H full-year full-year year increase increase forecast forecast forecast forecast TS Sales 15.5 24.2 9.0 7.7 (7.8) 20.5 ----

  12. Slide 12: Individual Segment Forecasts for 1H FY2023

    2. FY2023 Forecast Individual Segment Forecasts for 1H FY2023 TS Business:  We expect test socket products for smartphones to continue to experience the impact of production adjustments at major customers due to sluggish market demand.  With regard to sockets for memory semiconductors, we anticipa

  13. Slide 13: Purchase of Treasury Shares and Dividends in FY2023

    3. Purchase of Treasury Shares Purchase of Treasury Shares Board of Directors’ resolution Purchase of treasury shares Maximum number Number of Maximum Acquisition period Resolution date of shares to be shares Purchase price acquired purchase price (based on the value date) acquired May 12, 2023 400,

  14. Slide 14: Thank you for your attention.

    Thank you for your attention. (Q2 FY2023 results are scheduled for release at 3:00 p.m. on Tuesday, November 7, 2023.) Disclaimer This material is intended to provide information on the Group’s business, management strategies, and performance as of August 4, 2023, and is not intended as a solicitati

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