Nisshinbo Holdings Inc. · TSE:3105
Nisshinbo — Q2 2023 Earnings Presentation
20 slides from Nisshinbo's earnings presentation, Aug 8, 2023
Slide 1: Financial Results for FY2023 2Q
Financial Results for FY2023 2Q (Jan. 2023 – Jun. 2023) Nisshinbo Holdings Inc. Aug. 8, 2023
Slide 2: Table of Contents
Table of Contents 1. FY2023 2Q Results Overview P.3 2. FY2023 2Q Topics P.12 3. Financial results by segment P.17 The earnings forecasts contained in these materials are based on information currently available to the Company and are not promises of achievement. 2
Slide 3: 1. FY2023 2Q Results Overview
1. FY2023 2Q Results Overview 3
Slide 4: 1-1. Financial Highlights (y/y)
1-1. Financial Highlights (y/y) （mil. yen） FY2022 FY2023 Change 2Q 2Q rate Net sales 256,865 269,367 +12,502 +4.9% Operating income 12,962 12,000 -962 ▲7.4% Ordinary income 17,682 15,771 -1,910 ▲10.8% Net income Attributable to 13,196 11,627 -1,568 ▲11.9% Owners of Parent ■Net sales：Increased mainly
Slide 5: 1-2. FY2023 2Q Results by segments (y/y)
1-2. FY2023 2Q Results by segments (y/y) （mil. yen） FY2022 FY2023 Change 2Q 2Q rate Wireless comms Net Sales 77,487 78,414 +926 +1.2% OP 5,021 3,753 -1,267 ▲25.2% Micro Devices Net Sales 41,071 39,275 -1,796 ▲4.4% OP 4,582 2,261 -2,321 ▲50.7% Brakes Net Sales 75,525 86,527 +11,002 +14.6% OP -2,165 1
Slide 6: 1-3. FY2023 2Q Net sales (y/y)
1-3. FY2023 2Q Net sales (y/y) Millions of yen 6
Slide 7: 1-4. FY2023 2Q Operating profit (y/y)
1-4. FY2023 2Q Operating profit (y/y) Millions of yen 7
Slide 8: 1-5. FY2023 2Q Wireless & Comms
1-5. FY2023 2Q Wireless & Comms Wireless & Comms: Increase in sales and decrease in profits Net sales (Millions of yen) Operating profit (Millions of yen) 78,414 5,021 77,487 3,753 FY2022 FY2023 FY2022 FY2023 2Q 2Q 2Q 2Q ■Solutions and Specialized Equipment: Decrease in sales and profits Prefectural
Slide 9: 1-6. FY2023 2Q Micro Devices
1-6. FY2023 2Q Micro Devices Micro Devices: Decrease in sales and profits Net sales (Millions of yen) Operating profit (Millions of yen) 41,071 4,582 39,275 2,261 FY2022 FY2023 FY2022 FY2023 2Q 2Q 2Q 2Q ■Electronic Devices Business: Decrease in sales and profits ・Consumer (Smartphones and PC): Due t
Slide 10: 1-7. FY2023 2Q Brakes
1-7. FY2023 2Q Brakes Brakes: Increase in sales and return to profit Net sales (Millions of yen) Operating profit (Millions of yen) 86,527 1,605 75,525 (2,165) FY2022 FY2023 FY2022 FY2023 2Q 2Q 2Q 2Q ■Nisshinbo Brake: Increase in sales and decrease in profits Sales increased in Japan, the U.S., Kore
Slide 11: 1-8. FY2023 2Q Others (Precision, Chemicals, Textiles)
1-8. FY2023 2Q Others (Precision, Chemicals, Textiles) Others (Precision & Instruments, Chemicals, Textiles) Net sales (Millions of yen) Operating profit (Millions of yen) 50,934 780 48,672 562 FY2022 FY2023 FY2022 FY2023 2Q 2Q 2Q 2Q ■Precision & Instruments: Increase in sales and return to profit O
Slide 12: 2. FY2023 2Q Topics
NISSHNBO 2. FY2023 2Q Topics 12
Slide 13: Acquisition of Hitachi Kokusai Electric shares
2-1. FY2023 2Q Topics(1) Acquisition of Hitachi Kokusai Electric shares (Announced on May 31, 2023. Date of execution of the share acquisition has not yet been determined) Purpose of Share Acquisition 1. Strengthen the earnings base of the solutions business ⇒ Accelerate growth strategy 2. Expand de
Slide 14: Acquisition of Hitachi Kokusai Electric shares: market function and cost
2-1. FY2023 2Q Topics(1) Acquisition of Hitachi Kokusai Electric shares Strengthening the competitiveness of the mainstay public sector demand Market acquisition (expansion) business Strong area of Japan Radio Strong area of Hitachi Kokusai Electric High Ministry of National Roads private-sector Mun
Slide 15: Acquisition of Hitachi Kokusai Electric shares: group strength
2-1. FY2023 2Q Topics(1) Acquisition of Hitachi Kokusai Electric shares The addition of Hitachi Kokusai Electric will improve the collective strength of the Nisshinbo Group Increase the value of solutions provided by our strengths in video technology + AI processing By integrating each of our co
Slide 16: Established JV in India for manufacturing and sales of major EBS components
2-2. FY2023 2Q Topics(2) Established JV in India for manufacturing and sales of major EBS components Established a joint venture company in India in September 2022 to manufacture and sell key components of EBS (Electronic Brake System) for automobiles. Plant completed in June 2023. Installation of p
Slide 17: 3. Financial results by segment
3. Financial results by segment 17
Slide 18: 3-1. Financial results by segment (1)
3-1. Financial results by segment (1) Wireless and FY2022 FY2022 2Q FY2023 2Q Change FY2023 FC communications Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Marine systems 35,844 1,633 16,551 470 19,131 1,025 2,580 555 37,200 900 Solutions 68,989 3,227 39,617 4,689 3
Slide 19: 3-2. Financial results by segment (2)
3-2. Financial results by segment (2) FY2022 FY2022 2Q FY2023 2Q Change FY2023 FC Chemicals Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Environment and energy re 10,838 1,666 5,217 920 4,951 276 -266 -644 11,900 2,000 Others 2,138 515 1,000 243 942 175 -58 -68 2,4
Slide 20: Abbreviations for Nisshinbo group companies
Abbreviations for Nisshinbo group companies NISH: Nisshinbo Holdings Inc. Consolidated subsidiaries of NISH. JRC: Japan Radio Co., Ltd. NISD: Nisshinbo Micro Devices Inc. NISB: Nisshinbo Brake Inc. NISM: Nisshinbo Mechatronics Inc. NISC: Nisshinbo Chemical Inc. NIST: Nisshinbo Textile Inc. (NJR: New