Restar Corporation · TSE:3156
Restar — Q3 FY2019 Earnings Presentation
28 slides from Restar's earnings presentation, Feb 12, 2020
Slide 1: 3rd Quarter FY 2019 Consolidated Financial Presentation
3rd Quarter FY 2019 (Apr – Dec 2019) Consolidated Financial Presentation February 12, 2020 1
Slide 2: Consolidated Financial Results
3rd Quarter FY 2019 (Apr – Dec 2019) Consolidated Financial Results 2
Slide 3: Financial Highlights
Financial Highlights 3Q FY 2018(*1) 3Q FY 2019 YoY (Millions of Yen) Amount % of Net Sales Amount % of Net Sales Growth % Growth Net Sales 301,389 ― 294,618 ― △6,771 △2.2% Gross Profit 20,876 6.9% 19,428 6.6% △1,447 △6.9% SGA 13,903 4.6% 14,450 4.9% 547 3.9% Operating Income 6,973 2.3% 4,978 1.7% △1
Slide 4: Semiconductor/Electronic Component
Semiconductor/Electronic Component 3Q FY 2018(*2,3) 3Q FY 2019 YoY (Millions of Yen) Amount Amount Growth % Growth Devices Net Sales Ratio Net Sales 241,170 215,954 △25,215 △10.5% EMS 3Q FY 2019 Operating Income 6,019 3,890 △2,129 △35.4% ■Devices ・Net Sales shrink due to decrease in demand of digita
Slide 5: Procurement
Procurement 3Q FY 2018(*4) 3Q FY 2019 YoY (Millions of Yen) Net Sales Ratio Amount Amount Growth % Growth Procurement 3Q FY 2019 Net Sales 40,621 57,207 16,585 40.8% Operating Income 366 417 50 13.8% ■Procurement ・Net sales increase by business expansion for major computer manufacturer in Hong Kong
Slide 6: Electronic Equipment
Electronic Equipment 3Q FY 2018(*5) 3Q FY 2019 YoY Electronic (Millions of Yen) Eqp Net Sales Ratio Amount Amount Growth % Growth System 3Q FY 2019 Net Sales 13,956 15,498 1,541 11.0% Eqp Operating Income 75 406 330 437.7% ■Electronic Equipment ・Net sales growth by working on large-scale businesses
Slide 7: Environmental Energy
Environmental Energy Energy 3Q FY 2018(*6) 3Q FY 2019 YoY (Millions of Yen) PPS Net Sales Ratio Amount Amount Growth % Growth 3Q FY 2019 Net Sales 7,445 8,114 668 9.0% Vegetable Operating Income 646 808 162 25.1% Factory ■Energy ・Net sales growth by rapid increase in panels/components sales for newl
Slide 8: Notes
Notes: (1) Calculated as simply aggregated figures of UKC Holdings Corp. and Vitec Holdings Co., LTD for 3Q FY 2018. (2) Calculated as simply aggregated figures of UKC’s “Semiconductor/Electronic Component” and “Quality and Reliability Test/Environmental Material Analysis Service” with Vitec’s “Devi
Slide 9: Full-Year Forecast and Progress Rate
Full-Year Forecast and Progress Rate FY 2019 Full-Year 3Q FY 2019 Progress (Millions of Yen) Forecast Rate Amount Amount Net Sales 294,618 410,000 71.9% Operating Income 4,978 7,000 71.1% Ordinary Income 7,154 8,000 89.4% Net Income Attributable 5,571 5,500 101.3% to Owners of Parent ・No change in f
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet (Millions of Yen) FY 2018* 3Q FY 2019 Assets Current Assets 147,194 139,666 Fixed Assets 31,973 59,799 Total Assets 179,166 199,465 Liabilities and Equity Current Liabilities 102,982 106,385 Fixed Liabilities 18,656 19,059 Equity 57,529 74,020 Total Liabilities and Equity
Slide 11: Shareholder Return Policy
Shareholder Return Policy Total Shareholder Return Ratio*: 50% or More *(total dividend + total stock buybacks) / adjusted consolidated profit ・Keep stable and sustainable dividends payout in the medium term ・Work on strategic investment for our future growth to improve capital efficiency sustainabl
Slide 12: TOPICS
TOPICS 12
Slide 13: Kyoshin Communications Exhibited at Inter BEE2019
Electoronic Equipment Business At Inter BEE2019, Kyoshin Communications Co., Ltd. Exhibited Kyoshin Communications creates added value through technologies of measurement, ICT, audio/video, and provides solutions to meet our customers needs Nov 13 to 15, 2019 – Makuhari Messe – Kyoshin Communication
Slide 14: Collaboration with Partners (Part 1)
[Part 1] Collaboration with Partners Capital & Business Alliance (Cross Ownership) 【2 Joint Ventures】 Semiconductor/Electronic Component Semiconductor Total Solution EMS/Procurement ・RestarHD：50% ・PCIHD：50% (Consolidated) Electronic Equipment Embedded Solution VSE Inc. (a JV with PCIHD) and Syswave
Slide 15: Restar Castec Corporation Business Expansion
[Part 2] Collaboration with Partners Design, production and sales of Payment Terminal using NFC* Technology such as FeliCa and Access Control System Restar Castec Corporation Joint Venture 10％ 80％ 10％ CANON ELECTRONICS INC. Restar Holdings Corporation Ai Holdings Corporation Cross selling for cust
Slide 16: Energy Business
Energy Business Contributing to realize “low-carbon and decentralized energy system society”, and solve the "Energy & Environmental Problem“ through further utilizing and expansion of renewable energy. Started up “Solar-Wind Hybrid Renewable Energy System” in Hokkaido Global Expansion of “Solar-
Slide 17: PPS Business: Ota Energy
PPS Business A new scheme of "Local Production and Consumption" utilizing renewable energy generated after FIT(*1) payment period. Understanding our Customers Needs Contributing to Local Development (Put Importance on Price/Environment/Stable Supply) An example of Ota Energy in Ota City, Gunma Prefe
Slide 18: APPENDIX
APPENDIX 18
Slide 19: Business Overview
Business Overview Semiconductor/ Electronic Component Semiconductor/Electronic Component ・Deal in “cutting-edge” and energy/environmental devices from worldwide ・Offer unique solutions by wide range of products, high level technological support Semiconductor/ Electronic Component Quality and reliabi
Slide 20: Business Overview
Business Overview Semiconductor/ Electronic Component EMS ・Electronic component mounting for OEL panel in our group's factory, and comprehensive purchase, production control and quality assurance function Procurement Procurement ・Offer global procurement and trading services to meet customer needs ・
Slide 21: Business Overview
Business Overview Electronic Equipment Electronic Equipment ・Total solution from design, execution to maintenance of equipment for communication, audio, video and broadcast ・Offer solutions by cutting-edge technologies of data processing, audio and video Electronic Equipment Measuring Equipment ・Off
Slide 22: Business Overview
Business Overview Environmental Energy Renewable Energy ・Introduce solar and wind power generation as renewable energy, to promote operation management services with local partners Environmental Energy Power Producer and Supplier ・Comprehensive energy management by consulting, power supply, broker f
Slide 23: Net Sales of % by segments
Net Sales of % by segments (One hundred billions of yen) * * FY 2018 FY 2018 Operating Net Sales Income 3,942 86 *Rearranged segments and calculated as simply aggregated figures of UKC Holdings Corp. and Vitec Holdings Co., LTD. for FY 2018. Semiconductor/Electronic Component Procurement Electronic
Slide 24: Segment Changes
Segment Changes Semiconductor/ Semiconductor/ Devices Electronic Electronic Component Component Measuring Equipment Quality and reliability test/ Electronic environmental material Equipment Devices analysis service Contactless IC card Procurement Procurement System Equipment Electronic Equipment Env
Slide 25: Net Sales History and Forecasts
Net Sales History and Forecasts (Millions of Yen) Restar FY 2019 FY 2016 FY 2017 FY 2018* Full-year Forecasts UKC 273,752 301,449 205,771 Vitec 138,841 185,883 188,519 410,000 Total 412,593 487,332 394,290 *Calculated as simply aggregated figures of UKC Holdings Corp. and Vitec Holdings Co., LTD.. 2
Slide 26: Consolidated Progress & Loss (Till FY 2018)
Consolidated Progress & Loss (Till FY 2018) ▽ UKC Holdings Corp. ▽ Vitec Holdings Co., LTD. FY 2017 FY 2018 FY 2017 FY 2018 Apr 2017- Apr 2018- YoY Apr 2017- Apr 2018- YoY Mar 2018 Mar 2019 Mar 2018 Mar 2019 Net Sales 301,449 205,771 ▲ 95,678 Net Sales 185,883 188,519 2,636 Operating Income 4,384 4,
Slide 27: Management Principles of the Restar Group
Management Principles of the Restar Group Mission We help society evolve by leveraging information and technology to create and deliver new value and services. Vision We aim to be a comprehensive electronics trading company that accommodates all manner of stakeholder needs. “Global (in view and scal
Slide 28: Investor Relations Contact
＜Investor Relations Contact＞ N.Takashima, H.Yoshida, T.Sakakibara PR.CSR.IR Department E-mail irpr@restargp.com Disclaimer This presentation is a reference translation of the Japanese original. The contents is informational only and does not constitute to the official. 28