Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — FY2020 Earnings Presentation
14 slides from Nippon Chemi-Con's earnings presentation, May 2021
Slide 1: Progress of the 9th Medium-term Management Plan and Plans for FY2021
Translation Progress of the 9th Medium-term Management Plan and Plans for FY2021 NIPPON CHEMI-CON CORPORATION May 2021 1
Slide 2: Outline of the 9th Medium-term Management Plan and Goals for FY2022
Translation １．Outline of the 9th Medium-term Management Plan and Results for the First Fiscal Year Shift to a corporate structure capable of responding flexibly to changes in the business environment Improve financial position by improving asset efficiency and reducing fixed costs Goals for FY2022 ・
Slide 3: FY2020 - Operating Income (YoY Change)
Translation １-１． FY2020 - Operating Income (YoY Change) Main positives: 1) Reduction of manufacturing fixed costs 2) Reduction of SG&A expenses 3) Lower material/electricity costs 4) Cost reductions 5) Increase in gross profit Main negatives: 1) Foreign exchange losses caused by yen’s rise 2) Sellin
Slide 4: Quarterly Net Sales and Operating Income
Translation １-２．Quarterly Net Sales and Operating Income 4.9% 3.8% 5.1% Ratio to net sales 3.1% 4.3% 2.7% 1.8% -2.4% -1.3% -1.3% -3.3% -3.1% Structural Reforms Building a revenue structure unaffected by economic Net sales (billion yen) fluctuations and a business foundation capable of adjusting to 3
Slide 5: Performance Improvement Effects from Structural Reforms (FY2020)
Translation １-３．Performance Improvement Effects from Structural Reforms (FY2020) Effects : billion yen (achievement rate) 2.44 2.6 （122%） Higher 2.4 0.04 profitability 0.21 0.24 2.2 FY2020 performance improvement effect goal: 2.0 billion yen through new products 0.76 2.0 0.51 Productivity 1.8 0.69 i
Slide 6: FY2021 Management Policy: Shifting to a solid earnings structure
Translation ２．FY2021 Management Policy １） Shifting to a solid earnings structure ■ Improvement of OEE, TEEP & per person productivity to respond to increases in production without increasing employees or facilities Improvement effect Improvement rate of million pcs/month capacity utilization 70.0 25
Slide 7: FY2021 Management Policy: Toward the next growth
Translation ２．FY2021 Management Policy ２）Toward the next growth ■Development of a growth strategy for 10, 20 years from now Kickoff of the 100th anniversary project and establishment of a long-term plan in 2021 ■Product planning reform ■Realization of the smart factory concept 9th Medium-term Manage
Slide 8: FY2021 Plan
Translation ３．FY2021 Plan FY2020 FY2021 YoY Change (Billion yen) Results Plan Amount ％ Net sales 110.78 122.00 11.21 10.1% Operating income 2.97 6.20 3.22 108.7% Ratio to net sales 2.7% 5.1% 2.4pt － Profit attributable to owners of parent 2.03 4.20 2.16 106.0% Ratio to net sales 1.8% 3.4% 1.6pt － RO
Slide 9: FY2021 Plan - Operating Income (YoY Change)
Translation ３-１．FY2021 Plan - Operating Income (YoY Change) Main positives: 1) Higher capacity utilization 2) Increase in gross profit 3) Cost reductions 4) Selling price factors 5) Other Main negatives: 1) Increase in SG&A expenses (logistics costs) 2) Increase in manufacturing fixed costs 3) Sharp
Slide 10: Performance Improvement Effect From Structural Reforms (FY2021 Plan)
Translation ３-２．Performance Improvement Effect From Structural Reforms（FY2021 Plan） Effects (billion yen) 4.00 3.8 ■Further effect of the product planning New reform to take place products 1 High profitability products with high added 3.00 1.1 value are to be launched from FY2021 2.4 Productivity ■A
Slide 11: FY2021 Net Sales by Product (Plan)
Translation ３-３．FY2021 Net Sales by Product (Plan) FY2020 Percentage FY2021 Percentage YoY YoY (Billion yen) of total sales Plan of total sales Change Change (Amount) (%) Aluminum electrolytic 95.29 86.0% 106.90 87.6% 11.60 12.2% capacitors (Conductive polymer 15.28 13.8% 17.30 14.2% 2.01 13.2% capa
Slide 12: FY2021 Net Sales Plan by Markets
Translation ３-４．FY2021 Net Sales Plan by Markets Other 6% Automotive Results and plans for the three main markets Electronics 29% Net sales (automotive electronics, industrial equipment, ICT) ICT (billion yen) 31% FY2020 25 Recovery of Resolution of 110.7 billion yen automotive the shortage in Home
Slide 13: Management policy summary and infection prevention measures
Translation １．Shifting to a solid earnings structure -Improvement of OEE, TEEP & per person productivity to respond to increases in production without increasing employees or facilities -Improving staff productivity -Promotion of standardization ２．Toward the next growth -Growth strategy for 10, 20 y
Slide 14: Note on forward-looking statements
Translation 〔Note〕 The projected performance figures in this material are based on information available to Nippon Chemi- Con’s management at the time this material was prepared. There are many uncertain factors inherent in forecasting, and there might be cases in which actual results differ from fo