Slide 1: 1H FY2019 Financial Results
CMK CORPORATION （Stock code：6958） 1H FY2019 Financial Results (presentation material) Nov 20, 2019 CMK CORPORATION 1
Slide 2: Contents
Contents １．Consolidated financial results for 1H FY2019 ２．Our business overview ３．Supplementary material 2
Slide 3: Consolidated financial results for 1H FY2019
１．Consolidated financial results for 1H FY2019 3
Slide 4: Key points of 1H FY2019 Financial results
Consolidated financial results for 1H FY2019 ①Key points of 1H FY2019 Financial results （Billions of yen） Sales of our key products for 50 3,000 automotive use reminded strong by 41.9 44.7 42.9 the progress of automotive 40 2.1 electrification. 2,000 1.7 However, net sales decreased due 30 to decl
Slide 5: Consolidated Income statement
Consolidated financial results for 1H FY2019 ②Consolidated Income statement （Billions of yen） 1H FY2018 1H FY2019 YoY Results Results Change % Net sales 44.7 42.9 -1.7 -4.0% Operating income 1.7 0.7 -1.0 -60.0% Operating margin 4.0% 1.7% -2.3% Ordinary income 1.8 0.7 -1.0 -56.8% Profit attributable
Slide 6: Sales by application
Consolidated financial results for 1H FY2019 ③Sales by application （Billions of yen） AV equipment Digital still camera Car electronics Mobile communications Amusement Others 1H FY2019 0.4 0.6 35.1 6.0 42.9 (Results) 0.4 0.1 AV equipment Digital still camera Mobile communications Amusement Others Car
Slide 7: Analysis of changes in operating income
Consolidated financial results for 1H FY2019 ④Analysis of changes in operating income （Billions of yen） Decreased in profit due to sales decline Exchange Decreased sales prices Improved fluctuation and increased manufacturing yield procurement cost etc. ▲1.4 and increased 1.7 productivity 0.3 ▲0.3 0
Slide 8: Changes in quarterly operating income
Consolidated financial results for 1H FY2019 ⑤Changes in quarterly operating income （Billions of yen） Japan ：Productivity enhancement Japan： 3-1Q Low operating rate Japan： 2Q Optimization in production Overseas：Enhancement of production capacity in Overseas：1-2Q Exchange fluctuation 4-1Q Upfront cos
Slide 9: Quarterly financial results by region
Consolidated financial results for 1H FY2019 ⑥Quarterly financial results by region （Billions of yen） FY2019 1Q FY2019 2Q QoQ Results Results Operating Operating Operating Sales Sales Sales income income income Japan 12.5 0 12.6 0.2 +0 +0.1 China 7.2 0.3 7.3 0.3 +0.1 +0 Southeast Asia 5.9 -0.1 6.2 0
Slide 10: Consolidated Income Statement (FY2019 forecast)
Consolidated financial results for 1H FY2019 ⑦Consolidated Income Statement （Billions of yen） FY2018 FY2019 YoY Results Forecast Change % Net sales 90.2 87.0 -3.2 -3.6% Operating income 3.7 2.0 -1.7 -46.9% Operating margin 4.2% 2.3% -1.9% Ordinary income 3.7 1.7 -2.0 -54.9% Profit attributable to ow
Slide 11: Our business overview
cmK 2. Our business overview
Slide 12: Our key business sectors and sales for automotive use
Our business overview ①Our business overview：Our key Business sectors and sales for automotive use Our key business sectors Sales for automotive use ＊Compared with FY2018 1Q （Billions of yen） Market growth +17.8 +17.8 +17.8 +17.3 Powertrain +16.3 +17.0 Required quality・reliability Driving control +1
Slide 13: Enhanced production capacity in overseas factories
Our business overview ②Our business overview：Enhanced production capacity in overseas factories CMK electronics(Wuxi)co., ltd. （HDI） Capital investment was finished to enhance production capacity by 20% compared with the existing capacity, responding to a growing demand for HDI PWBs for automotive u
Slide 14: Technology roadmaps
Our business overview ③Our business overview：Technology roadmaps We will progress our developments in the fields high quality and high reliability required Application for Main Market PWB 2019 2020 After 2021 automotive use products needs requirement ・Down-sized unit Under Mass-production ・Reliabili
Slide 15: Supplementary material
３．Supplementary material 15
Slide 16: Sales by application
Supplementary material ①Sales by application （Billions of yen） 1H FY2018 1H FY2019 YoY FY2019 Results Results Change Forecast Car electronics 33.4 35.1 +1.7 71.2 Mobile communications 1.3 0.4 -0.8 0.8 AV equipment 0.5 0.4 -0 1.0 Digital still camera 0.8 0.6 -0.1 1.4 Amusement 1.0 0.1 -0.8 0.3 Others
Slide 17: Sales by type of PWBs
Supplementary material ②Sales by type of PWBs （Billions of yen） 1H FY2018 1H FY2019 YoY FY2019 Results Results Change Forecast HDI PWBs 13.8 11.3 -2.4 22.6 Multilayered PWBs 19.5 22.0 +2.5 45.1 Double-sided PWBs 7.5 6.7 -0.8 13.5 Others 3.8 2.8 -1.0 5.6 Total 44.7 42.9 -1.7 87.0 17
Slide 18: Financial results by region
Supplementary material ③Financial results by region （Billions of yen） 1H FY2018 1H FY2019 YoY FY2019 Results Results Change Forecast Operating Operating Operating Operating Sales Sales Sales Sales income income income income Japan 26.9 1.4 25.2 0.2 -1.6 -1.1 50.9 1.0 China 14.3 0.1 14.5 0.7 +0.1 +0.
Slide 19: Capital investment
Supplementary material ④Capital investment （Billions of yen） 1H FY2018 1H FY2019 YoY FY2019 Results Results Change Forecast Japan 0.5 0.5 +0 2.2 Overseas 1.7 5.1 +3.4 7.5 Consolidated 2.2 5.7 +3.4 9.8 Depreciation cost 2.1 2.2 +0.1 5.0 19
Slide 20: END
Future-related information and descriptions in this material are just forward-looking statements and not guarantees for future achievements (Amounts are rounded, and % is rounded to one decimal place.) END 20