Ubiquitous AI Corporation · TSE:3858
Ubiquitous AI — Q1 FY2023 Earnings Presentation
32 slides from Ubiquitous AI's earnings presentation, Aug 15, 2022
Slide 1: Financial Results Briefing Materials
Financial Results Briefing Materials First Quarter of FY Ending March 2023 Ubiquitous AI Corporation Satoshi Hasegawa, President August 15, 2022 © 2022 Ubiquitous AI Corporation. All rights reserved. This presentation is for informational purposes only. Ubiquitous AI Corporation makes no warranties,
Slide 2: Index
Index ◼First Quarter Performance Overview ◼Trends and Initiatives per Segment and Product ◼Topics © 2022 Ubiquitous AI Corporation 2
Slide 3: First Quarter Performance Overview
First Quarter Performance Overview
Slide 4: First Quarter Summary
First Quarter Summary (Million) (Notes) SP=Software Product Business Sales of SS Sales of SP Sales of SD Operating Income(Loss) 691 664 SD=Software Distribution Business SS=Software Service Business 478 510 447 336 453 372 402 234 314 274 193 193 177 300 164 179 165 168 122 158 141 190 191 101 95 61
Slide 5: Impact of COVID-19 and Russia-Ukraine situation on our performance
The impact of COVID-19 pandemic and the Russia- Ukraine situation on our Company’s performance Automotive sales volume in major countries Africa and the Middle East from FY Mar 2020 to FY Mar 2023 Central and Eastern Europe ◼In-vehicle devices (Million) 25,000 Western Europe North and South America
Slide 6: YoY: Sales per Segment and Product
YoY: Sales per Segment and Product (Million yen) FY3/23 FY3/22 FY3/20 Segment Product Area Q1 Q1 Change Q1 Change (Conso- (Conso- (Conso- lidated) lidated) lidated) Connectivity & Security 9 12 -21.7% 31 -70.0% Software Quick Boot 74 98 -24.1% 95 -21.8% Product Business Database 1 31 -94.3% 23 -92.4
Slide 7: YoY: Sales and Profit per Segment
YoY: Sales and Profit per Segment (Million yen) FY3/23 FY3/22 FY3/20 Q1 Q1 Change Q1 Change （Consolidated） （Consolidated） （Consolidated） Software Product Sales 85 141 -55 150 -64 Business Segment Profit(Loss) -69 11 -80 32 -101 Software Distribution Sales 168 193 -24 270 -101 Business Segment Profit
Slide 8: Segment Sales and Profit before Amortization of Goodwill
Year-on-year Comparison: Segment Sales and Profit before Amortization of Goodwill (Million yen) FY3/23 FY3/22 FY3/20 Q1 Q1 Change Q1 Change （Consolidated） （Consolidated） （Consolidated） Software Product Sales 85 141 -55 150 -64 Business Segment Profit(Loss) -69 11 -80 32 -101 Software Distribution Sa
Slide 9: YoY: Sales
YoY: Sales (Million yen) Per Business Per Type Reference (Notes) Reference SP=Software Product Business One-time payments 506 SS -40 SD=Software Distribution Business 506 -30 SS=Software Service Business Contracted development Decrease in contracted -40 development sales SD -101 Royalties -114 -12 D
Slide 10: YoY: Operating Profit
YoY: Operating Profit (Million yen) Per Business Per Type Reference Reference Profit Profit break- break- -31 -31 even even SS Other -9 Labor cost -17 -26 -75 -75 SD Other Impact of Sales -45 Increase decrease -66 Decrease in SD in royalty in labor profit sales cost +8 -153 -65 SP -153 -153 +3 -153
Slide 11: Consolidated Statement of Income
Consolidated Statement of Income (Million yen) FY3/23 FY3/22 Change FY3/20 Change 1Q 1Q 1Q Sales 300 402 -101 506 -205 Cost of Sales 220 247 -26 281 -60 Gross Margin 80 155 -75 225 -145 SG&A 233 230 2 257 -24 Operating Income(Loss) -153 -75 -77 -31 -121 Non-Operating Profit 7 6 0 1 5 Ordinary Income
Slide 12: Consolidated Balance Sheet (Assets)
Consolidated Balance Sheet (Assets) (Million yen) End of June End of March Change 2022 2022 Cash and deposits 725 705 20 Notes and accounts receivable-trade & Contract assets 336 652 -315 Securities 1,000 1,000 - Inventories 12 0 12 Prepaid expenses 48 43 4 Other 77 27 50 Current assets 2,200 2,428
Slide 13: Consolidated Balance Sheet (Liabilities and Net Assets)
Consolidated Balance Sheet (Liabilities and Net Assets) (Million yen) End of June End of March Change 2022 2022 Accounts payable-trade 74 153 -79 Accounts payable-other 33 32 1 Contract liabilities 81 97 -15 Other * 138 * 164 -26 Current liabilities 328 448 -119 Noncurrent liabilities 75 84 -8 Capit
Slide 14: Progress Toward Full-Year Earnings Forecasts
Progress Toward Full-Year Earnings Forecasts (Consolidated) (Million yen) Full-year earnings forecast Q1 result Progress (%) Sales 2,152 300 14.0 Operating profit (loss) 5 -153 － Ordinary profit (loss) 5 -146 － Net profit (loss) 3 -149 － © 2022 Ubiquitous AI Corporation 14
Slide 15: Trends and Initiatives by Segment and Product Area
Trends and Initiatives by Segment and Product Area
Slide 16: QuickBoot Related
Software Product Business QuickBoot Related (Million yen) ◼Summary of FY3/23 Q1 160 141 -55 ■Sales • Recognized royalty sales from existing customers in Japanese 120 ■Segment Profit 85 and international in-vehicle devices and international consumer 80 -23 electronics. QB 40 98 QB • Ongoing large-sca
Slide 17: Connectivity, security & OS related
Software Products Business Connectivity, security & OS related (Million yen) ◼Summary of FY3/23 Q1 160 141 -55 ■Sales • Recorded sales from IoT security-related R&D projects. 120 ■Segment Profit 85 • Continued development of large projects for in-vehicle infotainment. 80 Connec- Connec- tivity, tivi
Slide 18: Database Related
Software Product Business Database Related ◼Summary of FY3/23 Q1 • Recorded royalty sales, etc. from existing customers in the area (Million yen) 160 141 of industrial machines, etc. -55 ■Sales 120 ■Segment Profit • Lower than expected due to lower production volume caused by 85 parts procurement is
Slide 19: Software Distribution Business
Software Distribution Business ◼Summary of FY3/23 Q1 (Million yen) 193 200 -24 Recording sales from new and existing customers from a number 168 ■Sales of products handled, mainly license and royalty sales from BIOS 150 ■Segment Profit product "InsydeH2OⓇ *1", wireless product "Blue SDK *2", quality
Slide 20: Software service business
Software service business (Million yen) ◼Summary of FY3/23 Q1 80 67 ■Sales • Various contracted development sales from existing customers. -21 ■Segment Profit 60 • Recorded license fee sales related to "YOMI" data content, 46 mainly for in-vehicle devices. 40 20 ◼Business Direction -6 • Continued se
Slide 21: Topics
Topics 76 Ubiquitous Al
Slide 22: Launched "Engineerforce" knowledge-sharing tool for quotations
A knowledge-sharing tool for engineers to create quotations Launched "Engineerforce" (5/12) DX tool solves problems when creating quotations ◼ Share past quotation data to improve quotation accuracy and save labor DX area of Engineerforce • Extensive sample list of approximately 500 types to improve
Slide 23: Ubiquitous QuickBoot cumulative shipments exceeded 60 million units
Linux®/Android™ fast boot solution cumulative shipments of "Ubiquitous QuickBoot" exceeded 60 million units (5/13) Steady introduction in in-vehicle information equipment; shipments by some international manufacturers in full swing ◼Product Overview Accumulated number of licenses shipped • Fast boot
Slide 24: Launched "TOPPERS-Pro/FMP3" supporting Renesas RZ/T2M group
Launched "TOPPERS-Pro/FMP3" supporting Renesas' the RZ/T2M group (6/7) Commercial real-time OS for multicore compatible with Renesas' latest processors ◼Simplifies complex system design with multi-core • Supports Renesas' latest processor "RZ/T2M" with two ArmⓇ CortexⓇ-R52 cores in multi-core config
Slide 25: Launched "Ubiquitous RTOS IoT Enabler"
Launched “Ubiquitous RTOS IoT Enabler” - All-in-One embedded software package for IoT products (6/9) Platform solution for immediate IoT device development ◼Accelerate IoT device development and reduce time-to-market by 50%, while mitigating OSS security concerns • Operation-confirmed packages of mi
Slide 26: Launched "Avassa Control Tower" Edge device
Launched “Avassa Control Tower” Edge device - Comprehensive management platform (6/14) Centralized management of application lifecycle on edge devices ◼ Centralized management of distributed edge resources and containerized applications • Centralized management platform for deploying, upgrading, and
Slide 27: InsydeH2O adopted in Fujitsu Client Computing's FMV LOOX
EFI/UEFI compliant BIOS "InsydeH2O®" is adopted in Fujitsu Client Computing's "FMV LOOX" (6/17) Fast and Secure Hardware OS Booting ◼ Contributing to the realization of the ultimate mobile notebook PC as one of the advanced hardware technology condensed in FMV LOOX • “FMV LOOX" released as FUJITSU P
Slide 28: Announced business platform for manufacturing industry HEXAGON
Announced a business platform for the manufacturing industry (6/22) Becoming a company that provides all necessary technology and services for the manufacturing customers centered on its embedded software development capabilities and customer base ◼ Business platform for manufacturing industry “HEXA
Slide 29: HEXAGON Activities
HEXAGON Activities ◼ Started considering concrete activities with supporting companies • Plan to start selling products and services of venture companies/startups sequentially. • In discussions with various companies regarding the sale of venture capital investor investments. • More supporting compa
Slide 30: Appendix
Appendix 76 Ubiquitous Al
Slide 31: FY 2023 Q1 Disclosure List
FY 2023 Q1 Disclosure List Date of announcement Press release ■DX Tool Solves Problems in estimate creation, omproves work efficiency and profitability May 12 Launched "Engineerforce", a knowledge-sharing tool for engineers to create estimates ■Cumulative shipments of "Ubiquitous QuickBoot" exceed 6
Slide 32: Ubiquitous AI
oS Ubiquitous Al