Fuji Corporation · TSE:6134
Fuji — Q3 FY2019 Earnings Presentation
35 slides from Fuji's earnings presentation, Feb 14, 2019
Slide 1: Financial Result Briefing FUJI CORPORATION
Third Quarter for Fiscal Year Ending March 2019 Financial Result Briefing FUJI CORPORATION Copyright © 2019 by FUJI CORPORATION. All rights reserved. 1
Slide 2: Contents
Contents ■ Company Overview ■ Financial Summary ■ Financial Forecast for FY2019 Copyright © 2019 by FUJI CORPORATION. All rights reserved. 2
Slide 3: Company Overview
Company Overview Copyright © 2019 by FUJI CORPORATION. All rights reserved. 3
Slide 4: About FUJI
About FUJI Established: April 7, 1959 Capital: 5.878 billion yen (March 2018) Employees: 2,229 (March 2018) Sales: 120 billion yen (March 2018) Operating profit: 22.8 billion yen (March 2018) Ordinary profit: 23.5 billion yen (March 2018) Main products: Electronic component mounter robots, machine t
Slide 5: History
History 1959 Fuji Machine Manufacturing Co., Ltd. was established in the Nakagawa ward of Nagoya city 1970 Founded Fuji America Corporation in United States. (Currently a consolidated subsidiary) 1971 Developed NC automatic lathes 1978 Developed the automatic electric part insertion machine – BA 200
Slide 6: Japan and International Regional Offices
Japan and International Regional Offices Fuji America Corporation Fuji Machine America Corporation FUJI EUROPE CORPORATION GmbH Tower-Factory GmbH Kunshan Fuji Machine Manufacturing Co., Ltd. Fuji Machine China FUJI Do Brazil Maquinas Co, Ltd. (Shanghai) Industriais Ltda. Toyota plant Okazaki plant
Slide 7: Robotic Solutions Division
Robotic Solutions Division Die SMD Insertion parts Assembly Logistics, Printer related Plasma related e-commerce related Care related The key system for your smart factory Mobility Support Robot Copyright © 2019 by FUJI CORPORATION. All rights reserved. 7
Slide 8: Copyright © 2019 by FUJI CORPORATION. All rights reserved.
Copyright © 2019 by FUJI CORPORATION. All rights reserved. 8
Slide 9: AI makes setting up even easier
Compact Multijoint Robot Uses coordinate correction technology and vision processing technology so that teaching work is not required. AI makes setting up even easier [1st step] Automatic recognition of workpieces Developing together with Japan's [2nd step ～] premier data science company - Albert. ・
Slide 10: Ultra High Density Atmospheric Pressure Plasma Unit
Ultra High Density Atmospheric Pressure Plasma Unit ◆World-class surface modification Ultra High Density Atmospheric Pressure Plasma Unit C-Touch & Display Shenzhen 2018 （ 2018/11/22～24 Venue: Shenzhen Convention and Exhibition Center） Copyright © 2019 by FUJI CORPORATION. All rights reserved. 10
Slide 11: Mobility Support Robot
Mobility Support Robot Mobility Support Robot The Gerontech and Innovation Expo cum Summit 2018 (GIES2018) （ 2018/11/22～25 Venue: Hong Kong Convention & Exhibition Centre） Copyright © 2019 by FUJI CORPORATION. All rights reserved. 11
Slide 12: Public Stocker System
Public Stocker System Multi-carrier Receipt Shipping Multi-user ◆ Can be linked to systems from two major logistic carriers ◆ Participates in the CO2 emission reduction (redelivery reduction) project from Ministry of the Environment ◆ Industry top level dust and water protection (IP54) ◆ A field tes
Slide 13: Machine Tools Division
Machine Tools Division Front Facing Twin Steering Spindle Lathe - Pinion steering shaft Power train - Pinion gears - Drive pinion - Differential case Axle - Hubs Engine Transmission - Brake disks - Cam shafts - Output shaft - Bearing housings - Sheave (CVT) Modular Production Equipment Horizontal CN
Slide 14: JIMTOF2018 (The 29th Japan International Machine Tool Fair)
『JIMTOF2018（The 29th JAPAN INTERNATIONAL MACHINE TOOL FAIR）』 November 1 – November 6, 2018 Tokyo Big Sight (Tokyo International Exhibition Center) Copyright © 2019 by FUJI CORPORATION. All rights reserved. 14
Slide 15: CSR
CSR Copyright © 2019 by FUJI CORPORATION. All rights reserved. 15
Slide 16: Financial Summary
Financial Summary Note: For the Robotic Solutions Division, Fasford Technology Co., Ltd., which became a subsidiary of the company upon the acquisition of its stock in August 2018, is included in the consolidated results beginning this third quarter. For the order backlog in the consolidated forecas
Slide 17: Financial Points
Financial Points • Net sales have increased for both the Robotic Solutions Division and the Machine Tools Division compared with the corresponding period of the previous fiscal year. • The operating profit has also increased for both divisions. • Robotic Solutions Division: We have seen a cautious s
Slide 18: Results for the Third Quarter Compared to 2018
Results for the Third Quarter Compared to 2018 (Million yen) Compared to the same period 17.4-12 18.4-12 last year results results Amount Ratio Orders 87,473 95,730 +8,256 +9.4％ Sales 87,360 95,778 +8,418 +9.6％ Operating profit 16,005 17,785 +1,780 +11.1％ Ordinary profit 16,778 18,363 +1,584 +9.4％ N
Slide 19: Operating Income Increase/Decrease Analysis
Operating Income Increase/Decrease Analysis （Million Yen） Cost improvement by improving Increase in production profit due to efficiency and increase in operations sales volume ＋1,400 ＋3,800 ▲2,600 ▲440 ▲380 Reduced Costs related ＋1,780 profits from 60th anniversary Others （＋11.1%） lowering and chang
Slide 20: Robotic Solutions Division Results
Robotic Solutions Division Results (Million yen) Compared to the same period 17.4-12 18.4-12 last year results results Amount Ratio Orders 75,345 81,356 +6,010 +8.0％ Sales 76,492 83,875 +7,382 +9.6％ Operating profit 18,260 19,719 +1,458 +8.0％ Order backlog 15,040 22,100 +7,059 +46.9％ Orders Sales 12
Slide 21: Robotic Solutions Division Sales Trends by Region
Robotic Solutions Division Sales Trends by Region Japan China Asia except China Europe North America Other 29.6 Billion Yen 30.0 27.1 Billion Yen 27.5 Billion Yen 27.9 Billion Yen 2% 25.4 Billion Yen 2% 1% 26.5 Billion Yen 1% 10% 1% 16% 1% 24 Billion Yen 9% 14% 15% 15% 1% 12% 15% 14% 13% 11% 20.0 9%
Slide 22: Robotic Solutions Division Sales by Sector
Robotic Solutions Division Sales by Sector Communication Automotive Computer Server Consumer electronics Module parts Industrial machines Other 29.6 Billion Yen 30.0 27.1 Billion Yen 27.9 Billion Yen 27.5 Billion Yen 26.5 Billion Yen 25.4 Billion Yen 24 Billion Yen 16% 31% 28% 32% 21% 7% 34% 20.0 37
Slide 23: Robotic Solutions Division Sales Trends by Machine Type
Robotic Solutions Division Sales Trends by Machine Type High-speed mounters:NXT series General purpose mounters:AIMEX series Medium speed mounters:XPF series Related items:SC feeders, etc Parts, modifying,repairing 29.6 Billion Yen 30.0 27.1 Billion Yen 27.5 Billion Yen 27.9 Billion Yen 26.5 Billion
Slide 24: Machine Tools Division Results
Machine Tools Division Results (Million yen) Compared to the same period 17.4-12 18.4-12 last year results results Amount Ratio Orders 10,398 12,899 +2,501 +24.1％ Sales 9,324 10,311 +986 +10.6% Operating profit 305 841 +536 +175.8％ Order backlog 8,727 11,833 +3,105 +35.6％ Orders Sales 16,000 15,388
Slide 25: Machine Tools Division Sales Trends by Region
Machine Tools Division Sales Trends by Region Japan China Asia except China Europe North America Other 5.0 4.5 Billion Yen 0% 4 Billion Yen 3.8 Billion Yen 4.0 0% 3.4 Billion Yen 0% 3.3 Billion Yen 38% 2% 20% 0% 3.0 1% 2.6 Billion Yen 0% 2.5 Billion Yen 56% 4% 13% 0% 49% 44% 9% 1% 2.0 33% 24% 49% 2%
Slide 26: Machine Tools Division Sales Trends by Machine Type
Machine Tools Division Sales Trends by Machine Type AN series TN series CS series DLFｎ Other Parts, modifying, repairing 5.0 4.5 Billion Yen 4 Billion Yen 15% 3.8 Billion Yen 4.0 3.3 Billion Yen 3.4 Billion Yen 5% 23% 20% 17% 3.0 18% 19% 3% 4% 2.6 Billion Yen 13% 4% 2.5 Billion Yen 18% 12% 15% 18% 3
Slide 27: Financial Forecast for FY2019
Financial Forecast for FY2019 Copyright © 2019 by FUJI CORPORATION. All rights reserved. 27
Slide 28: Consolidated Results Forecasts
Consolidated Results Forecasts ・No changes from forecast released November 8, 2018 (Million yen) Forecast for FY2019 FY2018 Compared to same period financial last year results Amount Ratio Orders 123,539 125,000 ＋1,460 +1.2％ Sales 120,032 124,000 +3,967 +3.3％ Operating 22,827 21,400 ▲1,427 ▲6.3％ pro
Slide 29: Consolidated Sales and Operating Profit
Consolidated Sales and Operating Profit Sales Operating profit Operating profit margin (Million yen) 140,000 70.0% 124,000 120,032 120,000 60.0% 100,000 50.0% 85,265 86,642 86,397 80,000 40.0% 60,000 30.0% 19.0% 17.3% 40,000 13.7% 20.0% 14.2% 11.3% 22,827 21,400 20,000 12,066 11,901 10.0% 9,794 0 0.
Slide 30: Forecast of Orders and Sales for Segments
Forecast of Orders and Sales for Segments ・No changes from forecast released November 8, 2018 (Million yen) Forecast for FY2019 FY2018 Compared to same period financial last year results Amount Ratio Orders 105,733 108,000 +2,266 +2.1％ Robotic Solutions Sales 104,002 108,000 +3,997 +3.8％ Order backl
Slide 31: Net Income Per Share and Dividend Per Share
Net Income Per Shares for the Current Period and Dividend Per Share （Yen） Dividend Net Income per share 240 195.04 200 172.97 160 120 88.27 74.13 76.19 80 13.75 50 16 30 40 40 27.6 28 28 26.52 0 12.4-13.3 13.4-14.3 14.4-15.3 15.4-16.3 16.4-17.3 17.4-18.3 18.4-19.3F Regular Dividend 12.00 Regular Div
Slide 32: The Growth Strategy
The Growth Strategy Copyright © 2019 by FUJI CORPORATION. All rights reserved. 32
Slide 33: Corporate Governance Code
Corporate Governance Code FUJI is improving corporate value based on Corporate 1. Securing the rights and equal treatment Governance Code. of shareholders ・Information disclosed in English ・Electric disclosure of notice calling a Securing the Rights general shareholders meeting beforehand and Equal
Slide 34: FUJI robots lead the way
FUJI robots lead the way
Slide 35: Important Note About This Document
Important Note About This Document When we were preparing this material, we were careful to ensure accuracy, but we do not guarantee completeness. We accept no liability whatsoever for problems or damages that may arise as a result of the information in this document. Performance forecasts and futur