Tokyo Electron Device Limited · TSE:2760

Tokyo Electron Device — Q2 FY2018.3 Earnings Presentation

33 slides from Tokyo Electron Device's earnings presentation, Oct 30, 2017

1. Slide 1: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

   2017 10 30 Copyright © Tokyo Electron Device LTD. All Rights Reserved.

2. Slide 2: Copyright © Tokyo Device Device

   Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 1

3. Slide 3: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

   2018 3 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 2

4. Slide 4: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

   ( ) 60,241 76,431 16,189 76,000 53,855 68,151 14,296 6,386 8,279 1,893 6,515 7,273 757 128 1,006 1,135 521 71 449 76 94 18 315 983 667 900 233 699 466 630 959 1,093 134 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 3

5. Slide 5: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

   ⾼ ( ) 52,852 126 68,468 15,615 691 564 7,389 188 7,963 573 291 103 60,241 315 76,431 16,189 983 667 ⾞ ⼤ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 4

6. Slide 6: EC business sales by market

   EC 29 29% 13% 7 4 3 15 26% 23% 16% 13% 3 3 16% % % Copyright © Tokyo Electron Device LTD. All Rights Reserved. 5

7. Slide 7: EC business sales by market

   EC ⾞ ⺠⽣ 33% 32% 17% 11% 7% 37% 26% 16% 14% 7% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 6

8. Slide 8: EC business results

   EC 18,868 21,665 2,797 14.8% ⾼⽐ 35.7% 31.6% 179 195 15 8.8% 105.20 111.04 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 7

9. Slide 9: EC business backlog trend

   EC ( ) 4,220 4,314 3,722 43% 2,765 18/3 ⻑ ⻑ 2,812 1,966 ⻑ 0 14/3 15/3 16/3 17/3 18/3 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 8

10. Slide 10: CN business sales breakdown

    CN 51% 42% 7% 57% 37% 6% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 9

11. Slide 11: CN business sales breakdown

    CN 23% 40% 37% 26% 39% 35% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 10

12. Slide 12: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    82,054 ( ) 82,054 ( ) 73,708 3,297 ⾦ 73,708 12,068 2,433 11,089 41,614 29,415 ⼦ 38,760 24,243 15,447 16,803 22,554 26,383 22,928 23,766 5,020 5,341 0 4,940 5,417 0 2017.3.31 2017.9.30 2017.3.31 2017.9.30 ⾦ ⼦ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 11

13. Slide 13: Quarterly sales by EC and CN

    ( ) EC CN 46,930 4,665 40,923 38,205 38,122 3,937 33,195 31,781 4,767 5,361 31,365 28,871 27,971 28,849 3,580 3,976 42,265 36,985 33,438 32,760 27,388 28,200 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 16/ 3 17/ 3 18/ 3 ⻑ ⾼ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 12

14. Slide 14: Copyright © Tokyo Device Device

    ⾒ ⻑ Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 13

15. Slide 15: FY2018.3 forecast

    2018 3 ⾒ ( ) ⽐ 131,855 76,431 77,569 154,000 22,145 16.8% 115,018 68,468 68,532 137,000 21,982 19.1% 16,836 7,963 9,037 17,000 164 1.0% 1,377 983 1,017 2,000 623 45.1% (1.0%) (1.3%) 972 1,200 699 501 228 23.4% (0.7%) (0.8%) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 14

16. Slide 16: EC forecast

    EC ⾒ ( ) 137,000 115,018 99,930 68,532 ⾞ 62,166 51,232 ⽣ 48,698 52,852 68,468 0 16/3 17/3 18/3 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 15

17. Slide 17: EC forecast

    EC ⾒ ( ) 42,500 38,434 35,280 20,835 19,566 18,323 ⼒ 16,957 18,868 21,665 0 16/3 17/3 18/3 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 16

18. Slide 18: EC [ ] ⼤ ⼈

    EC [ ] ⼤ ⼈ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 17

19. Slide 19: ⻑ ⼦   EC  ⾃ ⽣ ⾏ 2017 ⻑ 2017 174,000 2,451

    ⻑ ⼦   2 EC  ⾃ ⽣ ⾏ 2017 3 ⻑ 2017 7 1 174,000 2,451 74.04 154 1,392 126 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 18

20. Slide 20: CN forecast

    CN ⾒ ( ) ⻑ 17,900 16,836 17,000 9,455 9,447 9,037 8,444 7,389 7,963 0 16/3 17/3 18/3 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 19

21. Slide 21: IDC Japan market data

    CN EC ⼒ ⽴ IDC Japan (2016 12 6 ) Copyright © Tokyo Electron Device LTD. All Rights Reserved. 20

22. Slide 22: Dividends, DOE and ROE

    1 ⾦ 30 30 30 ( ) 30 ( ) 60 60  50% 30  DOE 62.0 50.4 2.5% (%) 0 0.0% 14/3 15/3 16/3 17/3 18/3 ( ) DOE ROE Copyright © Tokyo Electron Device LTD. All Rights Reserved. 21

23. Slide 23: Copyright © Tokyo Device Device

    Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 22

24. Slide 24: FPGA SoM System on Module

      ⾒  ⻑  FPGA SoM System on Module Copyright © Tokyo Electron Device LTD. All Rights Reserved. 23

25. Slide 25: DynaFlash

    ⼈  2017  2017 DynaFlash 3 ( 2017 ) ⾳  2017 6 Copyright © Tokyo Electron Device LTD. All Rights Reserved. 24

26. Slide 26: IoT Min Lab

    3 IoT IoT Min Lab Microsoft Azure Copyright © Tokyo Electron Device LTD. All Rights Reserved. 25

27. Slide 27: Smart Mesh IP Dust Networks IoT

    ⽤  Dust Networks® Smart Mesh IP  ⾷ ⼯  IoT Microsoft Azure Microsoft Microsoft Azure Power BI Pro Copyright © Tokyo Electron Device LTD. All Rights Reserved. 26

28. Slide 28: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ⾒ ⾒ ⼤ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 27

29. Slide 29: Copyright © Tokyo Device Device

    ⾜ Copyright © Tokyo Copyright © Electron Device Device Tokyo Electron LTD. AllLTD. Rights Reserved. All Rights Reserved. 28

30. Slide 30: EC business by supplier and market

    EC 29% 29% 13% 7% 4%3% 15% 26% 23% 16% 13% 3% 16% 3% TI / NXP( 16.5% ⾞ IC ( ) TI / / / 4.2% / / NXP( )/ / TI / 62.3% POS ⾞ ( ) 132.4% ( ) 7.6% / / 7.2% ( ) 34.7% ⻑ / / / Copyright © Tokyo Electron Device LTD. All Rights Reserved. 29

31. Slide 31: EC business by market

    EC ⾞ ⺠⽣ 33% 32% 17% 11% 7% 37% 26% 16% 14% 7% FA FA 45.9% OA IC 6.3% PC POS POS ⾞ 19.3% IC IC 66.1% TV DVD AV ⺠⽣ 25.5% IC Copyright © Tokyo Electron Device LTD. All Rights Reserved. 30

32. Slide 32: CN business by supplier

    CN 51% 42% 7% 57% 37% 6% 21.2% F5 DELL EMC 5.6% 9.4% Copyright © Tokyo Electron Device LTD. All Rights Reserved. 31

33. Slide 33: Copyright © Tokyo Electron Device LTD. All Rights Reserved.

    ⽤ ⼤ ⾼ Copyright © Tokyo Electron Device LTD. All Rights Reserved. 32

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