Slide 1: Business Report for FY2012
1/25 Business Report for FY2012 SMK Corporation Oct, 2012
Slide 2: Outline of 1H Financial Statement
2/25 FY2012 Outline of 1H Financial Statement Executive Vice President KOHEI OHGAKI
Slide 3: Consolidated 1H Financial Result
＜Consolidated＞1H Financial Result 3/25 Income ： Saｌ Saｌes Amount ： Million yen Million yen FY2011 FY2011 FY2012 4-9 10-3 4-9 40,000 4,000 28,515 26,825 26,829 CS 10,919 38.3% CS CS 43.7% 46.7% 20,000 11,720 12,514 2,000 FC 12,324 43.2% FC FC 36.3% 35.3% 9,725 9,460 TP TP TP 5,162 18.1% 5,256 19.5% 4
Slide 4: Consolidated Sales Expenses
＜Consolidated＞Sales Expenses 4/25 FY2011 FY2011 FY2012 Unit ： Million yen 4-9 10-3 4-9 ( ): Percentage to sales amount 28,557 27,949 27,156 (100.1%) (104.3%) (101.2%) 40,000 Material Costs Improved of （Material Expenses costs＋amount paid to 30,000 external subcontractors) manufacturing Increase
Slide 5: Analysis of sales expenses -1
5/25 ＜Consolidated＞Analysis of sales expenses -1 Analysis of factors for increase/decrease Unit ： Million yen of consolidated operating income Total ［ FY2011 4-9 VS FY2012 4-9 ］ 200 - 285 million yen 0 Decrease material costs Business and amount paid to profits for subcontractors -200 previous term
Slide 6: Analysis of sales expenses -2
6/25 ＜Consolidated＞Analysis of sales expenses -2 Analysis of factors for increase/decrease Unit ： Million yen of consolidated operating income Total ［ FY2011 10-3 VS FY2012 4-9 ］ 200 797 million yen 0 Decrease in Decrease material costs labor costs and -200 and amount paid to expenses subcontractors
Slide 7: Consolidated Non-operating profit and loss
＜Consolidated＞Non-operating profit and loss 7/25 FY2011 FY2011 FY2012 Unit ： Million yen 4-9 10-3 4-9 ( ): Percentage to sales amount - 498 581 - 463 (- 1.8%) (2.1%) (- 1.7%) 1,000 Currency exchange profit/loss Increase of Exchange loss 500 438 Revenues from and expenditure to fixed assets 1. FY20
Slide 8: Consolidated Extraordinary gain or loss
＜Consolidated＞Extraordinary gain or loss 8/25 FY2011 FY2011 FY2012 Unit ： Million yen 4-9 10-3 4-9 - 114 220 - 106 300 Gain on reversal of subscription rights to shares 200 121 Gain from revaluation investment securities 100 106 Loss from revaluation 6 0 △ 6 △ 13 △ 40 investment securities （Loss and
Slide 9: Consolidated Cash Position
9/25 ＜Consolidated＞ Cash Position Unit ： Million yen ２０１２/３ ２０１２/９ Differential （Ａ） （Ｂ） （Ｂ－Ａ） Assets 53,883 50,627 - 3,256 Cash and cash equivalents 8,472 7,960 - 512 Accounts receivable 15,223 14,158 - 1,065 Inventories 5,472 5,714 242 Fixed assets 20,397 19,067 - 1,330 Liabilities 25,626 25,470 -
Slide 10: Consolidated Cash Flow Position
＜Consolidated＞ Cash Flow Position 10/25 Unit ： Million yen FY2011 FY2011 APR-SEP OCT-MAR FY2012 APR-SEP Cash Flow from operating activities 162 1,839 871 Working capital - 980 550 - 153 Income before income taxes - 654 - 323 - 896 Depreciation 1,635 2,029 1,561 Others 161 - 417 359 Cash Flow from in
Slide 11: Consolidated Segment Information
11/25 ＜Consolidated＞ Segment Information Unit ： Million yen FY2012 4-9 (*) Other：research and development, lease, real-estate rental, factoring Reporting Segment TOTAL Other(*) （Consolidated gain and loss CS Div. FC Div. TP Div. Total exhibit） Net Sales 12,514 9,460 4,735 26,710 119 26,829 Segment g
Slide 12: Consolidated Financial Highlights (Quarterly)
12/25 ＜Consolidated＞Financial Highlights (Quarterly) １．FY2012 Unit ： Million yen st nd 1 Half Term 2 Half Term Fiscal Term 1Q 2Q TOTAL TOTAL TOTAL (12/4～6) (12/7～9) (12/4～9) (12/10～13/3) (12/4～13/3) [Result] [Result] [Result] [Plan] [Plan] 54,500 ① Net Sales 13,501 13,328 26,829 27,671 （60,000) ② Op
Slide 13: FY2012 1H Result and Prospect
13/25 FY2012 1H Result and Prospect President and COO Yasumitsu Ikeda
Slide 14: Half Fiscal Term Performance (FY2010-FY2012)
14/25 Half Fiscal Term Performance (FY2010- FY2012) Net Sales: Million yen Income: Million yen 35,000 6,000 33,002 28,912 5,000 30,000 28,515 27,671 26,825 26,829 4,000 25,000 3,000 20,000 2,2841,766 2,000 15,000 1,159 1,090 739 1,000 10,000 -209 527 582 470 -42 -327 0 -122 -590 -1,124 5,000 -540 -5
Slide 15: Full Fiscal Term Performance (FY2009-FY2012)
15/25 Full Fiscal Term Performance (FY2009- FY2012) Net Sales: Million yen Income: Million yen 70,000 8,000 64,371 61,914 60,000 7,000 60,000 55,340 54,500 6,000 50,000 5,000 4,000 40,000 2,582 3,000 2,754 30,000 2,479 2,505 2,000 1,862 1,300 1,000 20,000 1,000 750 200 300 1,037 0 10,000 -799 -1,166
Slide 16: Net Sales (FY2001-FY2012)
Net Sales ( FY2001~FY2012 ) 16/25 Net Sales Net Sales: Million yen Currency exchange rate ：US dollar （yen） Currency exchange ( FY2012 is 1st Half term’s rate) 100,000 90,000 87,659 190 79,074 80,000 71,860 72,742 170 66,438 64,371 70,000 62,814 60,753 58,133 61,914 150 60,000 55,340 54,500 125.29 50
Slide 17: Net Sales by Product Division (FY2009-FY2012)
17/25 Net Sales by Product Division (FY2009-FY2012) Net Sales: Million yen ( )：Composition ratio 80,000 FY2009~2011: Results FY2012： Original Plan and Revised Plan 70,000 64,371 61,914 60,000 186 others 55,340 242 54,500 60,000 8,952 (14%) 250 8,350 (13%) 234 10,378 (17%) 276 50,000 10,418 (19%) 9,6
Slide 18: Operating Income by Product Division (FY2009-FY2012)
Operating Income by Product Division 18/25 (FY2009-FY2012) Income: Million yen FY2009~2011: Results 3,500 FY2012：Original Plan・Revised Plan 3,000 2,754 109 2,479 2,500 95 184 2,000 2,223 1,500 1,481 200 1,000 316 34 1,000 100 59 26 500 815 952 719 565 -1,166 17 0 -143 -312 -500 -1,102 -717 -1,000 -1
Slide 19: Net Sales by Market (FY2010-FY2012)
Net Sales by Market (FY2010 – FY2012) 19/25 Net Sales: Million yen 94.1% 35,000 33,002 591 Compare to FY2011 1H 2,180 28,912 28,515 30,000 566 548 26,825 26,829 3,780 2,431 2,970 505 544 25,000 3,336 3,699 124.5% 3,417 3,496 11,899 3,876 4,391 125.6% 20,000 10,539 10,387 15,000 8,877 7,442 71.6% 4,0
Slide 20: Look-back at FY2012 – 1
Look-back at FY2012 – 1 20/25 Organized Mini TEXPO2012 6th JUN ～ 8th JUN 2012 （at Shinagawa JAPAN） JUL 2012～MAR 2013 Domestic: JUL～ SEP 2012 Overseas: OCT 2012～ MAR 2013 7月 （Result） : 7 companies 1. US → 2. Europe → 8月 （Result） : 7 companies 3. China→ 4. Taiwan → 9月 （Result） : 11 companies 10月 （Resu
Slide 21: Look-back at FY2012 – 2
Look-back at FY2012 – 2 21/25 ●Expanding of Overseas Branches and Offices Opening of Qingdao Office (P.R.CHINA) 2012/MAR Expanding of Futian Office (P.R.CHINA) 2012/JUL Opening of Chongqing Office (P.R.CHINA) 2012/AUG Opening of Dusseldolf Branch (GERMANY) 2012/AUG Dusseldolf Branch Qingdao Office C
Slide 22: Management Environment in the FY2012 2H
22/25 Management Environment in the FY2012 2H Continuing Continuinguncertainty uncertaintysurrounding surroundingthe theglobal globaleconomy economy (continuing (continuingfinancial financialinstability instabilityininEurope, Europe,economic economic slowdown slowdownof ofemerging emergingcountries
Slide 23: FY2012 2H Priority issues
FY2012 2H Priority issues 23/25 ● Secure ● Secure operating operating profit profit by by reducing reducing costs costs ● Enhance ● Enhance approaches approaches toward toward sales sales increase increase ● Realize ● Realize new new business business ideas ideas ● Respond ● Respond to to China Chin
Slide 24: Sales Expansion Policy for the 2H of FY2012
24/25 Sales Expansion Policy for the 2H of FY2012 1. Existing markets ●Strengthening of automotive market ●Further development of smartphone business 2. New markets ●Development of new clients (Korean-based clients, etc.) ●Strengthened participation in new markets Human-machine interfaces IP TV/ IP
Slide 25: Notice
25/25 Notice All information in this material concerning the forecast of business achievements, projections of general business conditions and our business strategies is dependent on our conclusion made to a normally foreseeable extent applying information reasonably accessible to us at the time of