Slide 1: Performance Briefing FY2020 4Q & Full-Year
SUMIDA CORPORATION（6817） Feb 8, 2021 SUMIDA CORPORATION Performance Briefing <FY2020 4Q & Full-Year Ending Dec. 31, 2020> February 8, 2021 FY2020 Q4, Full-Year Performance Briefing 1
Slide 2: FY2020 Performance Results and FY2021 Forecast
SUMIDA CORPORATION（6817） Feb 8, 2021 1. FY2020 4Q & Full-Year Performance Results 2. FY2021 Performance Forecast President Kanji Hori CFO Yoshiyuki Honda Copyright© 2021 SUMIDA CORPORATION. All rights reserved. 2 FY2020 Q4, Full-Year Performance Briefing 2
Slide 3: FY2020 4Q Performance Results
SUMIDA CORPORATION（6817） Feb 8, 2021 FY2020 4Q Performance Results Copyright© 2021 SUMIDA CORPORATION. All rights reserved. 3 FY2020 Q4, Full-Year Performance Briefing 3
Slide 4: Sales
SUMIDA CORPORATION（6817） Feb 8, 2021 Sales （100 million yen） +0.2% Automotive market in North America and 238.7 239.3 Europe that was particularly week in the 223.3 205.7 1st half of 2020 began recovering in 3Q 175.8 and continued to be strong in 4Q. Sales in November & December 120 exceeded tho
Slide 5: Sales by Market
SUMIDA CORPORATION（6817） Feb 8, 2021 Sales by Market （100 million yen） Automotive +6.8% Recovery in automotive market centered on 138.6 148.1 North America and Europe began in 3Q and continued in 4Q with sales for EV/xEV in particular expanding. 2019 4Q 2020 4Q Industry Industry sales slightly incre
Slide 6: Sales by Region
SUMIDA CORPORATION（6817） Feb 8, 2021 Sales by Region （100 million yen） Asia excl. China/Taiwan China/Taiwan Sales in Asia (Japan/Korea/Singapore) 61.1 - 4.6% declined year-on-year as in 3Q despite 50.2 58.3 - 6.6% 46.9 a gradual market recovery. In China, automotive sales was strong, 2019 4Q 202
Slide 7: Operating Income
SUMIDA CORPORATION（6817） Feb 8, 2021 Operating Income （100 million yen） Following 3Q, operating income continued to ＋116.9% improve significantly due to sales increase, exceeding those of the previous year and plan. 27.2 Major reasons for the improvement: 12.5 13.3 Enhanced factory utilization
Slide 8: Income Statement
SUMIDA CORPORATION（6817） Feb 8, 2021 Income Statement （million yen） 19.4Q 20.3Q 20.4Q Change % （単位:百万円） Change % （A） （B) （C） （C)/(A) （C)/(B) S a l e s 23,871 22,325 23,930 0.2% 7.2% G o s s I n c o m e 3,419 3,323 4,396 GI % 14.3% 14.9% 18.4% Operating Income(△） 1,254 1,331 2,721 116.9% 104.8% OI% 5
Slide 9: Operating Income Bridge Analysis 2019 4Q → 2020 4Q
SUMIDA CORPORATION（6817） Feb 8, 2021 Operating Income Bridge Analysis 2019 4Q → 2020 4Q （Million yen)） One-off items in 2020 Reversal of 2020 4Q Impairment Operating Improvement Exemption Loss Income Reduction 429 2,721 Savings of Of Factory of China Raw Materials Utilization Welfare Sales Mix of Le
Slide 10: Operating Income Bridge Analysis 2020 3Q → 2020 4Q
SUMIDA CORPORATION（6817） Feb 8, 2021 Operating Income Bridge Analysis 2020 3Q → 2020 4Q （Million yen） One-off items in 2020 Reversal of 2020 4Q Impairment Operating Loss Income Reduction 429 2,721 Improvemen of Lease t of Savings of Liabilities Production Copper FOREX Reduction of 551 Sales Expense
Slide 11: FY2020 Full-Year Performance Results
SUMIDA CORPORATION（6817） Feb 8, 2021 FY2020 Full-Year Performance Results Copyright© 2021 SUMIDA CORPORATION. All rights reserved. 11 FY2020 Q4, Full-Year Performance Briefing 11
Slide 12: Sales
SUMIDA CORPORATION（6817） Feb 8, 2021 Sales （100 million yen） 975 1000 862 902 943 Sales significantly declined 810 844 776 especially in the 1st half of 2020 as 639 513 the markets for Sumida greatly 500 contracted due to China-US trade war and Covid-19 pandemic. 0 2012 2013 2014 2015 2016 2017 20
Slide 13: Breakdown of FY2020 Sales
SUMIDA CORPORATION（6817） Feb 8, 2021 Breakdown of FY2020 Sales （100 million yen） Sales % Automotive 2020 483 (- 15.2%) FY2020 Consumer Electronics 2019 23% 570 Auto- motive Industry 57% Industry 20% 2020 170 (1.6%) 2019 167 FY2019 Consumer Electronics Consumer Electronics 22% Auto- Industry motive 2
Slide 14: Operating Income
SUMIDA CORPORATION（6817） Feb 8, 2021 Operating Income （100 million yen） 63 62 Under the severe external environments especially in the 1st half of 2020, operating 54 income declined due to sales decrease and 42 low factory capacity utilization. In addition, 40 33 35 fixed asset impairment loss was
Slide 15: Situation in Automotive Market
SUMIDA CORPORATION（6817） Feb 8, 2021 Situation in Automotive Market Sales （100 million yen） 617 600 581 570 Car production in 2020 showed a negative 534 540 483 growth following the previous year mainly 467 due to factory shutdown at our customers 400 365 in North America and Europe in the 1st hal
Slide 16: Situation in Industry Market
SUMIDA CORPORATION（6817） Feb 8, 2021 Situation in Industry Market Sales Same as for automotive business, Industry 350 （100 million yen） 300 business was negatively impacted by Covid- 250 19. But its sales in 2020 barely exceeded those of the previous year. 200 176 167 170 135 149 151 Solar power
Slide 17: Situation in Consumer Electronics Market
SUMIDA CORPORATION（6817） Feb 8, 2021 Situation in Consumer Electronics Market Sales （100 million yen） 350 300 Due to the effect of increased demand from staying at home, sales related to 250 206 home appliances, note PCs, tablets and 191 200 174 179 169 183 data centers were strong in 2020. 159 14
Slide 18: Full-year Income Statement 2020 vs. 2019
SUMIDA CORPORATION（6817） Feb 8, 2021 Full-year Income Statement 2020 vs. 2019 （Million yen） 2019（A） 2020（B) Change %（B)/(A) S a l e s 94,283 84,417 △10.5％ G r o s s I n c o m e 12,868 11,098 GI % 13.6% 13.1％ Ope rat ing Income 3,543 2,838 △19.9％ OI % 3.8% 3.4% Financial Income /Exp.(Net) △1,358 △1,3
Slide 19: Operating Profit Bridge Analysis Full-Year 2019 → Full-Year 2020
SUMIDA CORPORATION（6817） Feb 8, 2021 Operating Profit Bridge Analysis Full-Year 2019 → Full-Year 2020 FOREX Expense (Million yen） Improvement Impact Savings of Production 116 371 Efficiency 821 Reduction of Raw Materials 830 Reduction of Production Overheads One-off items in 2020 999 2019 Reduction
Slide 20: Statement of Financial Position
SUMIDA CORPORATION（6817） Feb 8, 2021 Statement of Financial Position （Million yen） 2019 Dec.31 2020 Dec.31 Change 2019 Dec. 31 2020 Dec.31 Change Current Assets 43,032 43,474 441 Current Liabilities 30,630 29,973 △656 Cash & Cash equivalent 3,286 5,237 1,950 Trade & Other Liabilities 10,184 10,149 △
Slide 21: Statement of Cash Flow
SUMIDA CORPORATION（6817） Feb 8, 2021 Statement of Cash Flow （million yen） 2019 full-year 2020 full-year Change Cash Flow from Operating Activities 8,732 9,107 374 Income before Taxes 2,184 1,470 △714 Depreciation & Amortization 5,309 5,947 638 Impairment Loss 19 482 462 Net Working Capital 1,772 1,7
Slide 22: FY2021 Performance Forecast
SUMIDA CORPORATION（6817） Feb 8, 2021 FY2021 Performance Forecast Copyright© 2021 SUMIDA CORPORATION. All rights reserved. 22 FY2020 Q4, Full-Year Performance Briefing 22
Slide 23: Outlook for FY2021
SUMIDA CORPORATION（6817） Feb 8, 2021 Outlook for FY2021 In terms of automotive business, recovery of demand for the existing products is going to be slow. However, EV/xEV-related demand is expected to be largely expanding as environmental issues gain more prominent attention. As for consumer ele
Slide 24: FY2021 Sales and Operating Income Plan
SUMIDA CORPORATION（6817） Feb 8, 2021 FY2021 Sales and Operating Income Plan （100 million yen） Achieve a year-on-year positive growth in sales Sales Operating Income 975 100 943 940 and operating income. 900 844 80 Expand business by focusing on automotive (especially on products for EV/xEV marke
Slide 25: FY2021 CAPEX Plan
SUMIDA CORPORATION（6817） Feb 8, 2021 FY2021 CAPEX Plan （100 Million yen） FY2020 Actual FY2021 Plan 100 88.3 84.4 80.9 Others Others 80 73.5 10.1% Production 12.3% Efficiency Production 61.1 59.9 Renewal New Products 新製品対応 60 Efficiency, New Products 13.7% Renewal 39.6% 44.1% 43.1 43.8 43.5 33.0% 40
Slide 26: FY2021 Full-Year Forecast
SUMIDA CORPORATION（6817） Feb 8, 2021 FY2021 Full-Year Forecast （Million yen/yen） FY2020 FY2021 Change（％） Ending Dec.31, 2020 Ending Dec. 31, 2021 S a l e s 84,417 94,000 11.4％ Operating Income 2,838 3,500 23.3% OI % 3.4% 3.7% I n c o m e b e f o r e Ta x e s 1,470 2,100 42.9% I n c o m e At t r i b
Slide 27: Operating Income Bridge Analysis
SUMIDA CORPORATION（6817） Feb 8, 2021 Operating Income Bridge Analysis FY2020 Operating Income 2,838 Plus Factors Sales volume increase 1,707 Material cost reduction 927 Production efficiency up 734 3,500 Factory utilization up 632 COVID-19 government support in FY2021 507 +662 2,838 Asset impairment
Slide 28: Disclaimer Regarding Forward Looking Statements
SUMIDA CORPORATION（6817） Feb 8, 2021 Disclaimer Regarding Forward Looking Statements Sumida Corporation (referred to as "Sumida") makes this document available for informational purposes only. This document contains certain “forward-looking statements” which reflect management’s current views and th
Slide 29: SUMIDA CORPORATION（6817） FY2020 Q4, Full-Year Performance Briefing
SUMIDA CORPORATION（6817） Feb 8, 2021 Copyright© 2021 SUMIDA CORPORATION. All rights reserved. 29 FY2020 Q4, Full-Year Performance Briefing 29