Slide 1: Consolidated Financial Results for 1H FY2022
Consolidated Financial Results for 1H FY2022 October 27, 2022 Fuji Electric Co., Ltd. ©2022 Fuji Electric Co., Ltd. All rights reserved. 1
Slide 2: Contents
Contents 1. 1H FY2022 Results (YoY Comparison) P. 3 2. 1H FY2022 Results (Comparison with Forecasts on July 28, 2022) P. 12 3. Balance Sheet・Cash Flow Statement P. 14 4. FY2022 Forecasts (Comparison with Forecasts on July 28, 2022) P. 17 5. Dividend of Surplus P. 19 6. Reference P. 21 ©2022 Fuji Ele
Slide 3: 1. 1H FY2022 Results (YoY Comparison)
1. 1H FY2022 Results (YoY Comparison) ©2022 Fuji Electric Co., Ltd. All rights reserved. 3
Slide 4: Summary of Consolidated Financial Results for 1H FY2022 (YoY Comparison)
Summary of Consolidated Financial Results for 1H FY2022 (YoY Comparison) New record highs achieved for operating income, ordinary income and net income (Billion yen) 1H FY2021 1H FY2022 Change Net Sales Net Sales 397.7 447.1 49.5 Gain on translation of earnings of overseas subsidiaries +17.7 Demand
Slide 5: Breakdown of Changes in Operating Results for 1H FY2022
Breakdown of Changes in Operating Results for 1H FY2022 (YoY Comparison) Growth in income, despite rising material and energy prices and increased fixed costs, due to higher sales and production volumes and beneficial foreign exchange influences Increase in sales and Increase in production volumes f
Slide 6: Net Sales and Operating Income by Segment for 1H FY2022
Net Sales and Operating Income by Segment for 1H FY2022 (YoY Comparison) Operating income growth driven by Power Electronics Energy, Semiconductor, and Food and Beverage Distribution segments (Billion yen) 1H FY2021 1H FY2022 Change Operating Operating Operating Operating Operating Operating Net Sal
Slide 7: Business Results by Segment for 1H ①
Business Results by Segment for 1H FY2022 (YoY Comparison) ① (Billion yen) 1H 1H FY2021 FY2022 Change Overview Energy Management Net Sales Decreased by 9% Net Sales Decrease in net sales as a result of the absence of large-scale orders for substation 98.7 115.6 16.9 equipment for industrial applicat
Slide 8: Business Results by Segment for 1H ②
Business Results by Segment for 1H FY2022 (YoY Comparison) ② (Billion yen) 1H 1H FY2021 FY2022 Change Overview Increase in net sales despite the repercussions of withdrawing from magnetic disk operations, Net Sales due to growth in demand for power semiconductors for electrified vehicles (xEVs) and
Slide 9: Net Sales by Japan and Overseas Area for 1H FY2022
Net Sales by Japan and Overseas Area for 1H FY2022 (YoY Comparison) Higher sales as reduction in sales in China, due to lockdowns, was counteracted by performance in other regions (Billion yen) (Billion yen) Power Supply and +4.4 YoY 1H 1H Facility Systems Change +1.5 FY2021 FY2022 ED&C Components 4
Slide 10: Breakdown of Changes in Amount of Orders Received by Products
Breakdown of Changes in Amount of Orders Received by Products for 1H FY2022 (YoY Comparison) Consistently high level of orders for major components Favorable trend in orders for power electronics plant and system projects YoY ＜Increase and decrease in plant and systems projects ＞ (Billion yen) 565.5
Slide 11: Breakdown of Changes in Amount of Sales by Products
Breakdown of Changes in Amount of Sales by Products for 1H FY2022 (YoY Comparison) Higher sales of semiconductors, ED&C components, and plant systems Recovery in factory automation component performance in 2Q when compared to 1Q (Billion yen) ＜Increase and decrease in plant and systems projects ＞ Po
Slide 12: 2. 1H FY2022 Results (Comparison with Forecasts on July 28, 2022)
2. 1H FY2022 Results (Comparison with Forecasts on July 28, 2022) ©2022 Fuji Electric Co., Ltd. All rights reserved. 12
Slide 13: Summary of Consolidated Financial Results (Comparison with Forecasts)
Summary of Consolidated Financial Results for 1H FY2022 (Comparison with Forecasts on July 28, 2022) Expectation-exceeding income growth in Power Electronics Energy, Semiconductor, and Food and Beverage Distribution segments Forecasts Net Sales (Billion yen) (July 28, 2022) Results Change Gain on tr
Slide 14: 3. Balance Sheet・Cash Flow Statement
3. Balance Sheet Cash Flow Statement ©2022 Fuji Electric Co., Ltd. All rights reserved. 14
Slide 15: Consolidated Balance Sheet at the End of 1H FY2022
Consolidated Balance Sheet at the End of 1H FY2022 Assets Liabilities and Net Assets (Billion yen) 3/31/22 9/30/22 Change 3/31/22 9/30/22 Change Cash and time Notes and account deposit 93.0 111.5 18.5 payables, trade 171.7 175.2 3.5 Notes and account payables receivables, trade 357.3 307.3 -50.1 rec
Slide 16: Consolidated Cash Flow
Consolidated Cash Flow for 1H FY2022 (Billion yen) 1H FY2021 1H FY2022 Ⅰ Cash Flows from Operating Activities 39.8 59.9 Ⅱ Cash Flows from Investing Activities 0.2 -10.7 Ⅰ＋Ⅱ Free Cash Flow 40.0 49.2 Ⅲ Cash Flows from Financing Activities -19.2 -35.7 Ⅳ Cash and Cash Equivalents at End of Period 97.1 1
Slide 17: 4. FY2022 Forecasts (Comparison with Forecasts on July 28, 2022)
4. FY2022 Forecasts (Comparison with Forecasts on July 28, 2022) ©2022 Fuji Electric Co., Ltd. All rights reserved. 17
Slide 18: Summary of Consolidated Financial Results Forecasts for FY2022
Summary of Consolidated Financial Results Forecasts for FY2022 (Comparison with Forecasts on July 28, 2022) Upward revision to full-year forecast in reflection of six-month performance Forecasts Forecasts Assumed Exchange Rate for 2nd Half (Billion yen) (July 28, 2022) (October 27, 2022) Change US$
Slide 19: 5. Dividend of Surplus
5. Divided of Surplus ©2022 Fuji Electric Co., Ltd. All rights reserved. 19
Slide 20: Dividend of Surplus
Dividend of Surplus Interim dividend of ¥55 per share decided 120 Year-end dividend per share 100 Cash Dividends per Share (Yen) 100 Interim dividend per share 80 80 85 80 70 55 60 50 55 40 40 45 45 40 40 35 25 30 20 20 25 20 25 45 55 20 15 40 40 40 10 10 25 25 30 15 20 10 10 10 0 (Fiscal year) 2010
Slide 21: 6. Reference
6. Reference ©2022 Fuji Electric Co., Ltd. All rights reserved. 21
Slide 22: Reference: Orders Received by Product
Reference ■ED&C components amount of orders received 2Q 2Q 1H QoQ YoY YoY All -13% +1% +13% Japan -8% +2% +16% Overseas -25% -2% +4% ■Low-voltage inverters amount of orders received 2Q 2Q 1H QoQ YoY YoY All +12% +32% +24% Japan +32% +8% +0% Overseas +3% +50% +41% ■Semiconductor amount of orders rece
Slide 23: Reference: Forecasts for FY2022 (YoY Comparison)
Reference Summary of Consolidated Financial Results Forecasts for FY2022 (YoY Comparison) FY2021 FY2022 (Billion yen) Forecasts Change Results (October 27, 2022) Net Sales 910.2 985.0 74.8 Operating Income/Loss 74.8 87.0 12.2 (Operating margin) （8.2%） （8.8%） （0.6%） Ordinary Income/Loss 79.3 88.0 8.7
Slide 24: Forward-looking statements and cautionary notes
1.These materials are outside the scope of auditing procedures required by law, and as of the date of this results presentation, financial statement auditing procedures required by law have not yet been completed. 2. Statements made in this documents or in the presentation to which they pertain rega