Slide 1: FY2022 Financial Results (presentation material)
CMK CORPORATION （Stock code：6958） FY2022 Financial Results (presentation material) May 16, 2023 CMK CORPORATION 1
Slide 2: Contents
Contents 1. Consolidated financial results for FY2022 2. Consolidated financial forecast for FY2023 3. Medium-Term Management Strategy 4. Supplementary information 2
Slide 3: 1. Consolidated financial results for FY2022
１． Consolidated financial results for FY2022 3
Slide 4: Key points of FY2022 Financial results
Consolidated financial results for FY2022 ①Key points of FY2022 Financial results (Billions of yen) 00 00 81.4 83.8 ⚫ Despite the decline in orders, 00 69.9 00 00 3.0 net sales increased due to the impact 2.6 of foreign exchange and inventory 00 00 00 sales. 00 00 0 ⚫ Operating income decreased due
Slide 5: Consolidated Financial results
Consolidated financial results for FY2022 ➁ Consolidated Financial results FY2021 FY2022 YoY YoY （Billions of yen） Results Results Change % Net sales 81.4 83.8 +2.3 +3％ Operating income 3.0 2.6 -0.4 -14％ Operating margin 3.7％ 3.1％ -0.6％ - Ordinary income 3.3 2.6 -0.6 -21% Profit attributable to owne
Slide 6: Sales by product
Consolidated financial results for FY2022 ➂ Sales by product （Billions of yen） Car electronics sales ratio：60％ ：32％ ：8％ FY2022 Results 40.6 22.1 5.4 0.9 14.5 83.8 Car Electronics 68.2 Car electronics sales ratio ：56％ ：33％ ：11％ FY2021 Results 37.2 21.9 7.3 0.9 14.0 81.4 Car Electronics 66.5 Powertrai
Slide 7: Analysis of changes in operating income
Consolidated financial results for FY2022 ➃ Analysis of changes in operating income （Billions of yen） 7.1 ▲0.2 ▲1.4 1.1 3.0 0.2 2.6 -15.6 FY2021 Due to Improved Exchange rate sales prices, FY2022 Operating income increased/Decreased productivity fluctuation procurement cost Operating income （Results
Slide 8: Review
Consolidated financial results for FY2022 ➄Review FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 （Billions of yen） Results Results Results Results Results Results Results Net sales 75.3 86.8 90.2 82.6 69.9 81.4 83.8 Operating income 2.6 4.2 3.7 1.6 -1.6 3.0 2.6 Operating margin 3.5％ 4.9％ 4.2% 1.9%
Slide 9: 2. Consolidated financial forecast for FY2023
2．Consolidated financial forecast for FY2023 9
Slide 10: Consolidated Financial forecast and Annual Dividends
Consolidated financial forecast for FY2023 ① Consolidated Financial forecast and Annual Dividends FY2022 FY2023 YoY YoY （Billions of yen） Results Forecast Change % Net sales 83.8 85.0 +1.1 +1％ Operating income 2.6 2.7 +0.0 +4％ Operating margin 3.1％ 3.2％ +0.1％ - Ordinary income 2.6 2.5 -0.1 -5％ Profi
Slide 11: Consolidated Financial forecast (1H, 2H)
Consolidated financial forecast for FY2023 ② Consolidated Financial forecast (1H,2H) 1H FY2023 2H FY2023 YoY YoY （Billions of yen） Forecast Forecast Change % Net sales 41.0 44.0 +3.0 +7.3％ Operating income 0.2 2.5 +2.3 - Operating margin 0.5％ 5.7% +5.2％ - Ordinary income 0.2 2.2 +2.0 +800％ Profit at
Slide 12: Order trends and Merchandise and finished goods
Consolidated financial forecast for FY2023 ➂Order trends and Merchandise and finished goods ＊Apr, 2023:Results After May, 2023: Our company calculation based on customer FC Order trends '21 '21 '21 '22 '22 '22 '22 '23 '23 '23 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 Japan 3Q 4Q 1Q 2Q The impact o
Slide 13: Sales by product
Consolidated financial forecast for FY2023 ④ Sales by product （Billions of yen） Car electronics sales ratio：67％ ：30％ ：3％ FY2023 Forecast 48.8 21.5 2.5 1.0 11.0 85.0 Car Electronics 72.8 Car Electronics sales ratio ：60％ ：32％ ：8％ FY2022 Results 40.6 22.1 5.4 0.9 14.5 83.8 Car Electronics 68.2 Powertra
Slide 14: Analysis of changes in operating income
Consolidated financial forecast for FY2023 ⑤ Analysis of changes in operating income （Billions of yen） 7.1 0.0 0.2 ▲0.1 ▲0.0 -15.6 2.7 2.6 FY2022 Due to Improved Exchange rate sales prices, FY2023 Operating income increased/Decreased productivity fluctuation procurement cost Operating income （Result
Slide 15: 3. Medium-Term Management Strategy
3．Medium-Term Management Strategy 15
Slide 16: Changes from the medium-term management plan (Nov, 2021)
Medium-Term Management Strategy ① Changes from the medium-term management plan（Nov, 2021） ■Our orders declined caused by vehicle production decline due to the global semiconductor shortage and the supply chain disruptions. ■Medium-and long-term demand from our main customers is very strong due to th
Slide 17: Medium- and long-term demand for Thailand factory
Medium-Term Management Strategy ② Changes from the medium-term management plan （ Medium- and long-term demand for Thailand factory ） Mid-term Mid-term management Latest demand management Latest demand plan(Nov,2021) plan(Nov,2021) +40% +15％ FY2025 FY2025 FY2026 FY2026 ⚫ Medium- and long-term demand
Slide 18: Construction of New Factory at CMK Thailand
Medium-Term Management Strategy ➂Construction of New Factory at CMK CORPORATION(THAILAND)CO.,LTD. (Reposted) In order to realize the establishment of a growth cycle by increasing net sales from CASE demand, We made the decision to construct a new factory in Thailand Outline of construction Productio
Slide 19: Construction progress of new Thailand factory
Medium-Term Management Strategy ④Construction of New Factory at CMK CORPORATION(THAILAND)CO.,LTD.（Construction progress） March, 2023 May, 2023 ‘22 ‘23 ‘24 ‘25 Schedule 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q Construction of new factory completed (End of June, 2024) Installation of equipment, assessment and st
Slide 20: Numerical Management targets
Medium-Term Management Strategy ⑤Numerical Management targets Results/Forecast FY2022 FY2023 FY2024 FY2025 FY2026 （Billions of yen） （Results） （Forecast） （1H） （2H） Net sales 83.8 85.0 41.0 44.0 Operating income 2.6 2.7 0.2 2.5 Operating margin 3.1％ 3.2％ 0.5％ 5.7％ Under review Ordinary income 1.5 1.9
Slide 21: 4. Supplementary information
4．Supplementary information 21
Slide 22: Sales by product
Supplementary information ➀Sales by product FY2021 FY2022 YoY YoY FY2023 （Billions of yen） Results Results Change % Forecast Car Electronics 66.5 68.2 +1.7 +3％ 72.8 Powertrain/Driving control and Safety 37.2 40.6 +3.4 +9％ 48.8 Breakdown Body Electronics/Climate Control 21.9 22.1 +0.1 +1% 21.5 Inform
Slide 23: Sales by type of PCBs
Supplementary information ➁Sales by type of PCBs FY2021 FY2022 YoY YoY FY2023 （Billions of yen） Results Results Change % Forecast HDI PCBs 21.0 20.5 -0.5 -3% 25.7 Multilayered PCBs 44.0 47.6 +3.5 +8％ 45.4 Double-sided PCBs 10.6 10.0 -0.5 -5% 8.7 Others 5.6 5.5 -0.1 -2％ 5.1 Total 81.4 83.8 +2.3 +3％ 8
Slide 24: Financial results by region
Supplementary information ➂Financial results by region FY2021 FY2022 YoY YoY FY2023 （Billions of yen） Results Results Change % Forecast Sales 49.4 49.0 -0.3 -1％ 50.5 Japan Operating income 2.2 0.5 -1.7 -78％ 0.7 Sales 29.9 32.6 +2.7 +9％ 32.0 China Operating income 0.7 1.6 +0.9 +137% 1.2 Sales 25.2 28
Slide 25: Capital investment
Supplementary information ➃Capital investment FY2021 FY2022 YoY FY2023 （Billions of yen） Results Results Change Forecast Japan 4.0 1.8 -2.1 2.0 Overseas 2.2 4.9 +2.6 5.6 Consolidated 6.2 6.7 +0.5 7.6 Depreciation cost 4.2 4.7 +0.5 4.8 25
Slide 26: CASE and New businesses roadmap
Supplementary information ➄-1 CASE and New businesses roadmap Automotive roadmap 2023 2030 2040 Probe information V2V communication Autonomous C applicable NAVI ACC・ISA optimal route guidance Connected Wireless high-speed wireless communication communication Fusion of AI and wireless communications.
Slide 27: CASE and New businesses roadmap
Supplementary information ➄-2 CASE and New businesses roadmap Our technological Market needs Products PCB requirement innovation Data communication module Low dielectric material, C Connected 5G,V2X Low loss characteristic impedance control SoC processors Infotainment IVI Multiple stacked vias HDI,
Slide 28: Technology roadmap
Supplementary information ⑥Technology roadmap 1st Medium-Term 2nd Medium-Term Management Plan Management Plan Our technological innovation FY2022 FY2023 FY2024 FY2025 FY2026 Multiple stacked BVH HDI Mass-produced C High AnyLayer HDI Trial Mass-production density Fine circuit MSAP Development Trial M
Slide 29: END
Future-related information and descriptions in this material are just forward-looking statements and not guarantees for future achievements (Amounts are rounded, and % is rounded to one decimal place.) END 29