Slide 1: Results Briefing for the Third Quarter of Fiscal 2020 Ending March 2021
Securities ID code:6859 Results Briefing for the Third Quarter of Fiscal 2020 Ending March 2021 ESPEC CORP. February 24, 202１ 1
Slide 2: Financial Result for the Third Quarter of Fiscal Ending March 2021
Financial Result for the Third Quarter of Fiscal Ending March 2021 Despite signs of recovery in some areas, both profit and sales decreased year on year as the trend of curtailed capital investment continued Year on Year Forecast Ratio(As of November) Increased due to Equipment Decreased due to decl
Slide 3: Summary of Profits and Losses
Summary of Profits and Losses (millions of yen) FY 2019 FY 2020 Year on Year 3Q Results 3Q Results Orders-Received 33,705 27,448 -18.6% Net sales 29,805 26,526 -11.0% Cost of Net Sales 19,034 17,401 -8.6% (Cost of sales ratio) （63.9%） （65.6%） (1.7pt deterioration) Gross profit 10,771 9,125 -15.3% SG
Slide 4: Performance by Segment
Performance by Segment (millions of yen) FY 2019 FY 2020 Segment Year on Year 3Q Results 3Q Results Orders-Received 26,755 22,340 -16.5% Equipment Net Sales 24,408 20,745 -15.0% Business Operating Income 2,429 1,073 -55.8% Orders-Received 4,780 4,567 -4.5% Service Net Sales 4,610 4,114 -10.8% Busine
Slide 5: Equipment Business
Equipment Business (millions of yen) FY 2019 FY 2020 Year on Year 3Q Results 3Q Results Orders-Received 26,755 22,340 -16.5% Net Sales 24,408 20,745 -15.0% Operating Income 2,429 1,073 -55.8% [Profit ratio(%)] ［10.0%］ ［5.2%］ Environmental test chambers ■ In Japan, versatile standardized products and
Slide 6: Service Business
Service Business (millions of yen) FY 2019 FY 2020 Year on Year 3Q Results 3Q Results Orders-Received 4,780 4,567 -4.5% Net Sales 4,610 4,114 -10.8% Operating Income 443 191 -56.9% [Profit ratio(%)] ［9.6%］ ［4.6%］ After-sales Service and Engineering ■ Orders-received remained level year on year, but
Slide 7: Other Business
Other Business (millions of yen) FY 2019 FY 2020 Year on Year 3Q Results 3Q Results Orders-Received 2,331 778 -66.6% Net Sales 945 1,848 95.6% Operating Income -63 64 ー [Profit ratio(%)] ［-6.7%］ ［3.5%］ Environmental Preservation, Plant Production Systems ■ Orders-received decreased compared to the p
Slide 8: Breakdown of Sales by Market
Breakdown of Sales by Market Non-consolidated (Equipment business) Other markets 100% 27 26 27 26 Automobile market 29 80% Flat panel display market 17 23 22 60% 21 26 Electronic device and equipment 3 market 5 5 3 2 Semiconductor market 40% 38 35 37 39 37 20% 16 10 10 8 8 0% FY2016 3Q FY2017 3Q FY2
Slide 9: Sales by Region
Sales by Region FY 2019 3Q FY 2020 3Q Overseas sales ratio： 47.6% Overseas sales ratio： 47.9% 1.9% 1.9% 19.4% 19.6% Taiwan China 3.3% Korea FY 2019 FY 2020 4.3% 3Q Europe&America 52.4% 52.1% 3Q South East Asia Other 17.1% 14.1% Japan 5.5% 1.6% 4.3% 2.5% Total: 29,805 million yen Total: 26,526 millio
Slide 10: Full-Year Forecasts for Fiscal 2020
Full-Year Forecasts for Fiscal 2020 (millions of yen) FY 2019 FY2020 FY 2020 Full year Revised forecast Full year （Forecast 3Q Results as of Results November） 4Q Full year Year on Year Orders-received 43,571 35,000 27,448 8,552 36,000 -17.4% Net Sales 42,443 37,000 26,526 10,975 37,500 -11.6% Gross
Slide 11: FY 2020 Dividend Forecast
FY 2020 Dividend Forecast Basic policy on profit distribution We recognize that passing on profits to our shareholders is a key priority and that raising corporate value on a lasting basis is fundamental to raising shareholder value. Dividends are decided taking into account sustainability and the d
Slide 12: TOPICS (1)
ＴＯＰＩＣＳ(1) （February, 2021） （February, 2021） Developed Stable Temperature Transport Opened the world’s first all-weather Coolers in line with GDP experimental laboratory to replicate to address stable transport of various global weather environments biopharmaceuticals, vaccines, etc. ・Replicates dyna
Slide 13: TOPICS (2)
ＴＯＰＩＣＳ(2) （January, 2021） （January, 2021） Converted 100% of power ESPEC Smile Club: a donation system consumption at main Kansai facilities featuring employee participation to renewable energy ・Converted to electricity derived from ・Established a matching gift system in which renewable energy at fiv
Slide 14: External Recognition
External Recognition February, 2021 ・Our Sustainability Report received the Excellence Award in the Environmental Communication Awards （Organized by the Ministry of the Environment and the general incorporated foundation Global Environment Forum） December, 2020 ・Voluntarily responded to CDP Climate
Slide 15: Forward-looking statements and inquiries
These materials contain forward-looking statements, including the Company’s present plans and forecasts of performance, that reflect the Company’s plans and forecasts based on the information presently available. These forward-looking statements are not guarantees of future performance, and plans, f
Slide 16: Reference
Reference ESPEC CORP.
Slide 17: Company Profile
Company Profile Industry-leading manufacturer of environmental test chambers Name ESPEC CORP. Head Office 3-5-6, Tenjinbashi, Kita-ku, Osaka Represented By Masaaki Ishida Established July 25, 1947 Incorporated January 13, 1954 Paid-up Capital ¥6,895 Million Shares Issued 23,781,394 Shares Head offic
Slide 18: Global Network
会社概要 Global Network Consolidated Subsidiaries Global Network 12 companies 46 countries Business Facilities in Japan : 25 (Global 9 companies, Domestic Agencies in Japan : 46 Domestic 3 companies) 42 companies EUROPE U.S.A. ●ESPEC EUROPE GmbH ●ESPEC NORTH AMERICA, INC - ESPEC IKLIM KABINLERＩ SATIS VE
Slide 19: Summary of ESPEC Business (Per Market / Use)
Summary of ESPEC Business (Per Market / Use) Sales composition Main Products Market Use (FY2019) ・Temperature & humidity chamber ・Electronic component ・Thermal shock chamber and equipment market ・For R & D ・Bench-top type temperature & humidity chamber ・Automobile market ・For credibility Environment
Slide 20: History of Environmental Test
History of Environmental Test What is Environmental Test Test to analyze and evaluate effects of environmental factors such as temperature, humidity, pressure, and light on various industrial products like electronic components in order to ensure product quality. <1950s> <1970s–1990s> <Today> The en
Slide 21: Transition in Business
Transition in Business Expanding business based on the “environmental creation technology” refined during the course of developing environmental test chambers large scale integration Integrated 5G, IoT and circuit automated driving, Eco cars such as EVs, HVs, and PHVs surface mount package ＬＣＤ stora
Slide 22: [Equipment Business] Usage Case with Environmental Test Chambers
[Equipment Business] Usage Case with Environmental Test Chambers 22
Slide 23: [Equipment Business] Main New Products
[Equipment Business] Main New Products Release Date Name of product Features Expanded Environmental Stress Chamber ・Launched four new models as rapid-rate temperature cycle type products, Aug. 2020 AR Series Lineup bringing the total lineup to 32 models across the series ・Recreates transport environ
Slide 24: [Equipment Business] New Product Introduction (1)
[Equipment Business] New Product Introduction (1) （Released in Feb. 2020） （Released in Dec. 2019） ■Walk-In Type ■ Walk-In Type Temperature(&Humidity) Chamber Temperature(&Humidity) Chamber for High-Power Series for Drive-In Series <Features> <Features> ・Compliant with IEC International Standards and
Slide 25: [Equipment Business] New Product Introduction (2)
[Equipment Business] New Product Introduction (2) For the medical field （Released in Feb. 2020） For material field （Released in Dec. 2019） ■ Transportation Evaluation System ■ Thermal Air Test System ＜Features＞ ＜Features＞ ・Enables simultaneous recreation of ・Can be combined with various materials te
Slide 26: [Equipment Business] Examples of Products Delivered (1)
[Equipment Business] Examples of Products Delivered (1) (Delivered in July 2018) ■Delivery examples of temperature (& humidity) chambers, test chambers for use for building materials Uses Reproduce the environment inside apartments (temperature and humidity) and outdoors (weather such as rain, snow,
Slide 27: [Equipment Business] Examples of Products Delivered (2)
[Equipment Business] Examples of Products Delivered (2) (Delivered in March 2016) ■Smart System Research Facility, ■National Laboratory for advanced energy storage Fukushima Renewable Energy Institute, AIST technologies (NLAB), National Institute of Technology (Koriyama city, Fukushima) and Evaluati
Slide 28: [Equipment Business] Usage Case with Energy Device Equipment
[Equipment Business] Usage Case with Energy Device Equipment Charge-discharge Cycle Evaluation Equipment Equipment for ensuring the reliability and safety of lithium-ion secondary batteries for next-generation vehicles (e.g., hybrid and electric vehicles) socket test system Secondary battery Batteri
Slide 29: [Equipment Business] Usage Case with Semiconductor Equipment
[Equipment Business] Usage Case with Semiconductor Equipment Screening Eliminate defective products to maintain initial-period quality at the final inspection stage of semiconductor device manufacturing Semiconductors × Heat load × Burn-in chamber Elimination of latent early failures Reliability Eva
Slide 30: [Service Business]
[Service Business] After–sales Service and Engineering Preventive maintenance of products, maintenance service, and the upgrading/improvement and installation/relocation of products ■ Speedy response via one of the most extensive networks in Japan ■ Launching new services by utilizing the network fu
Slide 31: [Service Business]
[Service Business] May 2020 start of “Home-based online service” Support continuity of customers’ development operations When using ESPEC products When using commissioned testing center Operate equipment and monitor samples All testing operations performed on behalf from home of customer, from start
Slide 32: [Service Business]
[Service Business] Realization of 100% green electricity for commissioned testing services at Kariya Test Center In January 2020, we became the first commissioned testing facility to convert to green electricity using a green electricity certificate.* We expect to reduce annual CO2 emissions by appr
Slide 33: [Service Business]
[Service Business] Renovated the Toyota Test Center World’s first First testing facility in Japan to address Battery Safety Certification Center the German Automotive Manufacturer compliant with United Nations regulations Testing Standards Providing a one-stop service to support the implementation S
Slide 34: [Other Business]
[Other Business] Environmental Preservation ■Reforestation (Tree planting) Recovery of local forest by selecting species and planting out seedlings using potential natural vegetation data. ■Waterfront biotope restoration Reconstruction of natural environment, １ development of vegetative revetments,
Slide 35: [Other Business]
[Other Business] Produced a high value-added vegetables using deep-seawater At a plant factory near Haneda Airport, production and sales of vegetables high in minerals with the use of deep sea water. Interior of the plant factory and Factory-produced vegetables ”mineraleaf” 35
Slide 36: [Other Business] Examples of Products Delivered
[Other Business]Examples of Products Delivered (Delivered in March 2016) ■Arid Land Research Center, Tottori University Products delivered: Experimental System for Analyzing Responses of Dryland plants to Climate Changes(2 units) (Simulates the climates of arid lands, including high temperature, low
Slide 37: Strengthen Technology Development Capability
Strengthen Technology Development Capability (New technology development building introduction) Objective ：Strengthen technology development capabilities and promote preservation of biodiversity by encouraging open innovation Concepts : “Open innovation,” “Open communication,” Rooftop green space us
Slide 38: ESPEC Identity Corporate Philosophy
ESPEC Identity Corporate Philosophy Our important values that have been passed on since our inception “THE ESPEC MIND” （Excerpt） To engage in a higher level of value exchange The Origin as a public institution Provide more certain Seikankyo (living environment) via Mission environmental creation tec
Slide 39: ESPEC Business and SDGs
ESPEC Business and SDGs Equipment Business Service Business Contribute to the development of cutting-edge technologies through the supply of products and services that harness “Environmental Creation Technology” ・Supply products and services that contribute to the development of cutting-edge technol
Slide 40: ESPEC Business and SDGs
ESPEC Business and SDGs Environmental （E） ・Contribute to global warming mitigation ・Reduce environmental impact ・Eco-site and eco-operation ・Prevent pollution ・Preserve biodiversity Social （S） ・Improve customer satisfaction and ensure product safety ・Supply chain management ・Respect human rights and
Slide 41: Initiatives tackling environmental problems
Initiatives tackling environmental problems Environmental management in line with the Mid-term Plan on the Environment Aim to contribute to the realization of a sustainable society through business activities Currently we are implementing the 7th Mid-term Plan on the Environment (planned implementat
Slide 42: Initiatives tackling environmental problems
Initiatives tackling environmental problems （March 2018） Designated as affiliated businesses of the Kebara Forest Creation Program: Creating a Mountain Full of Treasures—The Kyoto Model Forest Project, and The Japan Committee for the United Nations Decade on Biodiversity ・The Kebara Forest Creation
Slide 43: To a company where employees can be more active
To a company where employees can be more active Employee Education System Initiatives to promote women's success Enhancement ・Implement a Global Trainee Program aimed at developing human resources who are capable of working in international settings ・Enhance the education program to support From the
Slide 44: Quality is more than a word
Quality is more than a word ESOEC ESPEC CORP.