Ulvac, Inc. · TSE:6728

Ulvac — FY2005 Earnings Presentation

46 slides from Ulvac's earnings presentation, Aug 23, 2005

  1. Slide 1: Copyright ©2005,ULVAC,Inc

    6728 2005 6 FY04LRGMTG050822J 1 Copyright ©2005,ULVAC,Inc

  2. Slide 2: Copyright ©2005,ULVAC,Inc

    FY04LRGMTG050822J 2 Copyright ©2005,ULVAC,Inc

  3. Slide 3: FY2005 results and FY2006 forecast

    2005 6 2006 6 FY04LRGMTG050822J 3 Copyright ©2005,ULVAC,Inc

  4. Slide 4: Copyright ©2005,ULVAC,Inc

    „ „05/6 „ 1,968 1,080 55% 124 247 13% 71 250 13% 739 127 6% 4,048 264 13% FY04LRGMTG050822J 4 Copyright ©2005,ULVAC,Inc

  5. Slide 5: Copyright ©2005,ULVAC,Inc

    05/6 03/6 04/6 05/6 1,478 1,782 2,062 (+37%) (+21%) (+16%) 1,275 1,579 1,968 (+1%) (+24%) (+25%) 241 300 407 (+18%) (+24%) (+36%) 47 85 153 (+108%) (+79%) (+81%) 36 73 124 (+78%) (+105%) (+71%) 17 40 71 (+159%) (+129%) (+81%) FY04LRGMTG050822J 5 Copyright ©2005,ULVAC,Inc

  6. Slide 6: FY04LRGMTG050822J

    EL FY04LRGMTG050822J 6 Copyright ©2005,ULVAC,Inc

  7. Slide 7: Copyright ©2005,ULVAC,Inc

    2,000 1,800 264 127 1,600 239 250 1,400 217 124 1,200 97 186 222 247 210 215 1,000 192 136 110 201 112 158 181 800 366 177 210 181 600 190 1,080 400 804 580 572 582 200 420 0 00/6 01/6 02/6 03/6 04/6 05/6 FY04LRGMTG050822J 7 Copyright ©2005,ULVAC,Inc

  8. Slide 8: FPD

    2,000 1,800 264 1,600 127 +11% 239 250 1,400 +2% 124 1,200 247 FPD 210 1,000 +19% 201 800 +23% 600 1,080 400 804 +34% 5G 7G 200 0 04/6 05/6 FY04LRGMTG050822J 8 Copyright ©2005,ULVAC,Inc

  9. Slide 9: 5G 7G Copyright ©2005,ULVAC,Inc

    25 20 05/6 20.6 21.6 19.6 19.7 15 17.8 18.2 16.4 10 14.4 8.1 6.9 8.5 7.1 5G 5.3 3.5 5 0 2.1 3.1 -5 02/6 03/6 04/6 05/6 6 7G 25 20 21.3 20.7 18.8 18.9 19.0 15 16.2 10 5 6.9 7.8 6.2 1.8 5.4 0 3.7 00/6 01/6 02/6 03/6 04/6 05/6 FY04LRGMTG050822J 2 9 Copyright ©2005,ULVAC,Inc

  10. Slide 10: Copyright ©2005,ULVAC,Inc

    03/6 04/6 05/6 19% 30% 61% 20% 60% 49% 14% 13% 12% 3% 2% 5% 1% 3% 1% 3% 3% 1 03/6 04/6 05/6 773 -12% 953 +23% 968 +2% 261 +78% 304 +16% 597 +96% 172 +98% 211 +23% 231 +10% 22 -15% 47 +114% 94 +103% 9 -91% 16 +78% 21 +36% 38 +58% 47 +23% 57 +20% 1,275 +1% 1,579 +24% 1,968 +25 FY04LRGMTG050822J 10 Cop

  11. Slide 11: Copyright ©2005,ULVAC,Inc

    1,200 01/6 02/6 03/6 04/6 05/6 1,000 800 600 1,079 991 983 400 821 780 791 698 632 586 492 200 0 01/6 01/6 02/6 02/6 03/6 03/6 04/6 04/6 05/6 05/6 FY04LRGMTG050822J 11 Copyright ©2005,ULVAC,Inc

  12. Slide 12: Copyright ©2005,ULVAC,Inc

    01/6 02/6 03/6 04/6 05/6 1,000 800 600 874 922 400 833 820 695 599 610 616 498 200 418 0 01/6 01/6 02/6 02/6 03/6 03/6 04/6 04/6 05/6 05/6 FY04LRGMTG050822J 12 Copyright ©2005,ULVAC,Inc

  13. Slide 13: FPD FPD PS

    05/6 05/6 04/6 04/6 1,472 1,472 1,369 1,369 104 104 175 175 179 179 33 686 686 664 664 22 22 525 525 472 472 52 52 45 45 30 30 15 15 44 44 27 27 17 17 22 22 11 770 770 638 638 132 132 539 539 463 463 76 76 228 228 207 207 21 21 189 189 142 142 47 47 22 22 19 19 33 FPD FPD 75 75 74 74 11 24 24 22 22

  14. Slide 14: CF CF

    05/6 05/6 04/6 04/6 1,185 1,185 1,043 1,043 142 142 553 553 502 502 52 52 320 320 348 348 28 28 CF CF 25 25 55 20 20 47 47 26 26 21 21 00 00 00 13 13 11 11 22 23 23 23 23 00 203 203 128 128 75 75 282 282 349 349 67 67 22 27 27 25 25 178 178 232 232 54 54 90 90 79 79 11 11 99 99 00 33 33 00 1,467 1,4

  15. Slide 15: CF CF FCF

    CF 189 139 141 96 CF 189 100 103 62 52 04/6 93 6 56 26 54 36 -100 84 89 28 118 122 FCF 159 183 243 CF -300 800 80% CF 183 739 699 691 04/6 61 636 612 600 581 60% 72 525 387 43.6% 39.7% 400 35.1% 30.5% 32.9% 40% 04/6 157 29.0% 25.0% 24.1% 90 22.0% 200 26.7% 29.0% 20% 23.4% 61 0 0% '00/6 FY04LRGMTG050

  16. Slide 16: Copyright ©2005,ULVAC,Inc

    05/6 04 4 124 124 05/6 21 21 05/6 04 12 90 05/6 20 10 06/6 35 10 50 15 FY04LRGMTG050822J 16 Copyright ©2005,ULVAC,Inc

  17. Slide 17: LTPS 7G CVD

    LTPS TV LTPS 7G EL PDP FED SED CVD MEMS Si IC MEMS QCM X SiP FY04LRGMTG050822J 17 Copyright ©2005,ULVAC,Inc

  18. Slide 18: Copyright ©2005,ULVAC,Inc

    05/8 2 05/8 FY04LRGMTG050822J 05/5 05/9 18 Copyright ©2005,ULVAC,Inc

  19. Slide 19: Pure Surface Technology

    G Pure Surface Technology 05/9 FY04LRGMTG050822J 19 Copyright ©2005,ULVAC,Inc

  20. Slide 20: Copyright ©2005,ULVAC,Inc

    05/5 05/3 FY04LRGMTG050822J 05/5 05/4 20 Copyright ©2005,ULVAC,Inc

  21. Slide 21: VLSI

    VLSI 4 3 AFFINIX Q AFFINIX Q4 FY04LRGMTG050822J 21 Copyright ©2005,ULVAC,Inc

  22. Slide 22: Copyright ©2005,ULVAC,Inc

    2005 6 2006 6 FY04LRGMTG050822J 22 Copyright ©2005,ULVAC,Inc

  23. Slide 23: FPD

    FPD FY04LRGMTG050822J 23 Copyright ©2005,ULVAC,Inc

  24. Slide 24: Display market by application

    2004 - 2008 CAGR $70,000 5% $60,000 5% $US Millions $50,000 47% 16% $40,000 $30,000 $20,000 $10,000 $0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Others $231 $326 $500 $485 $464 $574 $1,036 $1,365 $1,778 $2,243 $2,825 $2,811 Note PCs $3,696 $7,386 $9,154 $5,371 $6,825 $7,788 $9,702

  25. Slide 25: Glass substrate generations

    4G 5G 6G 7G 7.5G '01 '02 '03 '04 05 06 07 08 7.5G 7G 6G 5G 4G 3.5G 3.25G 3G 2.5G 2G 2005 7 Display Search FY04LRGMTG050822J 25 Copyright ©2005,ULVAC,Inc

  26. Slide 26: Equipment market (SEAJ)

    30,000 80% 25,000 60% 40% 20,000 20% 15,000 0% 10,000 -20% 5,000 -40% 0 -60% 93 94 95 96 97 98 99 '00 '01 '02 '03 '04 '05 '06 '07 '08 :2005 7 FY04LRGMTG050822J SEAJ 26 Copyright ©2005,ULVAC,Inc

  27. Slide 27: Copyright ©2005,ULVAC,Inc

    2005 6 2006 6 FY04LRGMTG050822J 27 Copyright ©2005,ULVAC,Inc

  28. Slide 28: Copyright ©2005,ULVAC,Inc

    06/6 05/12 03/6 04/6 05/6 06/6 1,478 1,782 2,062 1,020 2,100 (+37%) (+ 21%) (+16%) (+4%) (+2%) 1,275 1,579 1,968 1,000 2,100 (+1%) (+24%) +25 (+7%) (+7%) 47 85 153 28 131 (+104%) (+81%) (+81%) (-65%) (-14%) 36 73 124 26 126 (+78%) (+103%) (+71%) (-68%) (+1%) 17 40 71 9 71 (+143%) (+135%) (+81%) (-83

  29. Slide 29: Copyright ©2005,ULVAC,Inc

    2,500 2,000 290 264 160 127 1,500 270 239 250 217 124 250 97 186 222 247 210 215 1,000 192 136 110 158 181 201 112 366 177 210 181 1,080 1,130 500 190 804 580 572 582 420 0 00/6 01/6 02/6 03/6 04/6 05/6 06/6 FY04LRGMTG050822J 29 Copyright ©2005,ULVAC,Inc

  30. Slide 30: FPD

    2,500 2,000 +10% 290 264 160 127 +26% 1,500 270 250 FPD 247 250 +8% 1,000 +1% 1,130 5G 7.5G 500 1,080 ODF +5% 0 05/6 06/6 FY04LRGMTG050822J 30 Copyright ©2005,ULVAC,Inc

  31. Slide 31: 6G 7G 5G

    25 06/6 20 20.6 21.6 21.6 19.6 19.7 15 17.8 16.4 18.2 16.0 9.4 5 14.4 8.1 8.5 10 6.9 7.1 5.3 3.5 2.8 5 6G 7G 0 2.1 3.1 -5 02/6 03/6 04/6 05/6 06/6 25 5G 6G 20 21.3 20.7 18.8 18.9 19.0 18.9 15 7G 16.2 10 5 6.9 7.8 6.2 1.8 5.4 6.2 0 3.7 '00/6 '01/6 '02/6 '03/6 '04/6 '05/6 06/6 FY04LRGMTG050822J 2 31 C

  32. Slide 32: Copyright ©2005,ULVAC,Inc

    1,200 01/6 02/6 03/6 04/6 05/6 06/6 1,000 800 600 1,080 991 983 1,017 1,020 400 821 780 791 698 632 586 492 200 0 01/6 01/6 02/6 02/6 03/6 03/6 04/6 04/6 05/6 05/6 06/6 06/6 FY04LRGMTG050822J 32 Copyright ©2005,ULVAC,Inc

  33. Slide 33: Copyright ©2005,ULVAC,Inc

    01/6 02/6 03/6 04/6 05/6 06/6 1,000 800 600 922 942 922 833 820 874 400 695 599 610 616 498 200 418 0 01/6 01/6 02/6 02/6 03/6 03/6 04/6 04/6 05/6 05/6 06/6 06/6 FY04LRGMTG050822J 33 Copyright ©2005,ULVAC,Inc

  34. Slide 34: G 7 G 7.5 G

    100% G 7.5G 7G 80% G G 60% G G G 40% G mm 5 G :1100 1300 G 6 G :1500 1850 20% G G 7 G 1870 2200 7.5G 1950 2250 8 G 2100 2400 0% 03/6 04/6 05/6 06/6 06/6 FY04LRGMTG050822J 34 Copyright ©2005,ULVAC,Inc

  35. Slide 35: Copyright ©2005,ULVAC,Inc

    250 200 150 100 50 0 00/6 01/6 02/6 03/6 04/6 05/6 06/6 89 126 111 75 91 172 194 34 37 44 46 52 61 73 FY04LRGMTG050822J 35 Copyright ©2005,ULVAC,Inc

  36. Slide 36: Copyright ©2005,ULVAC,Inc

    00/6 01/6 02/6 03/6 04/6 05/6 06/6 FY04LRGMTG050822J 36 Copyright ©2005,ULVAC,Inc

  37. Slide 37: Copyright ©2005,ULVAC,Inc

    2005 6 2006 6 FY04LRGMTG050822J 37 Copyright ©2005,ULVAC,Inc

  38. Slide 38: FPD

    „ „ FPD FY04LRGMTG050822J 38 Copyright ©2005,ULVAC,Inc

  39. Slide 39: FPD

    1. FPD 05/6 06/6 10/6 1. 62 110 260 MEMS 2. 37 60 120 IC 3. *1 50 140 520 FPD 4.CS OEM 490 500 900 OEM*2 *1 05/6 06/6 *2 FY04LRGMTG050822J 39 Copyright ©2005,ULVAC,Inc

  40. Slide 40: OEM CS

    1. 2. 3. 6 5 2 4. OEM CS 05/8 06/7 FY04LRGMTG050822J 40 Copyright ©2005,ULVAC,Inc

  41. Slide 41: Copyright ©2005,ULVAC,Inc

    2. FY04LRGMTG050822J 41 Copyright ©2005,ULVAC,Inc

  42. Slide 42: FPD

    3. 06/6 2 03/6 736 231 186 108 221 04/6 981 207 230 123 240 05/6 1,177 233 257 142 253 06/6 1,092 244 277 192 295 „ FPD „ „ 42 FY04LRGMTG050822J Copyright ©2005,ULVAC,Inc

  43. Slide 43: CF CF CF

    4. CF 189 139 141 96 125 100 103 62 CF 125 52 6 56 26 36 79 -100 84 89 118 122 FCF 159 CF 204 183 243 204 CF -300 1000 80% 20 800 739 793 699 691 60% 636 612 581 618 600 43.6% 39.7% 525 387 35.1% 30.5% 32.3% 40% 32.9% 400 29.0% 24.1% 22.0% 25.0% 29.0% 200 26.7% 23.4% 25.2% 20% 0 0% '00/6 FY04LRGMTG0

  44. Slide 44: a-Si TFT, LTPS TFT G

    5. G CVD TV a-Si TFT, ODF LTPS TFT TV EL MP3 TV LED MEMS IC TV FY04LRGMTG050822J 44 Copyright ©2005,ULVAC,Inc

  45. Slide 45: z z z

    z z 15 z z z 10 z z 9,700 z 2006 7 2007 1 z 2005 8 8 FY04LRGMTG050822J 45 Copyright ©2005,ULVAC,Inc

  46. Slide 46: Copyright ©2005,ULVAC,Inc

    FY04LRGMTG050822J 46 Copyright ©2005,ULVAC,Inc

ULVAC — FY2005 Earnings Presentation on 6ix