Ubiquitous AI Corporation · TSE:3858
Ubiquitous AI — FY2022 Earnings Presentation
34 slides from Ubiquitous AI's earnings presentation, May 16, 2022
Slide 1: Financial Results Briefing Materials FY ending in March 2022
Financial Results Briefing Materials FY ending in March 2022 Ubiquitous AI Corporation (UAC) Satoshi Hasegawa, President May 16, 2022 © 2022 Ubiquitous AI Corporation. All rights reserved. This presentation is for informational purposes only. Ubiquitous AI Corporation makes no warranties, express or
Slide 2: Index
Index ◼Performance Overview of FY ending in March 2022 ◼Trends and Initiatives per Segment and Product ◼Topics © 2022 Ubiquitous AI Corporation 2
Slide 3: Performance Overview of FY ending in March 2022
Performance Overview of FY ending in March 2022
Slide 4: Overview of FY ending in March 2022
Overview of FY ending in March 2022 Performance • Compared with FY3/21, both sales and OP increased • Compared with FY3/20, although sales did not recover owing to the impact of COVID-19 pandemic, including lower automobile production caused by semiconductor shortages, etc., the operating result end
Slide 5: Impact of COVID-19 and semiconductor shortages on performance
The impact of COVID-19 pandemic and semiconductor shortages on the Company’s performance [FY19-21 Domestic Automobile Sales] ◼ In-vehicle devices (Million) (%) • During the Q1 and Q2, we saw signs of YoY recovery in the number of automobiles sold in 4,000 FY19 FY20 FY21 140.0 Japan but they were low
Slide 6: Segment Profit Changes to Calculation Method
Segment Profit Changes to Calculation Method ◼ Changes to method of calculating segment profit for two Ubiquitous AI Corporation businesses • Background – The company has been unifying shared departments since the merger with the former AI Corporation (July 2018) • Details of changes – Allocation ra
Slide 7: YoY: Sales per Segment and Product
YoY: Sales per Segment and Product (Million yen) FY2022 FY2021 FY2020 Segment Product Area Change Change (Conso- (Conso- (Conso- lidated) lidated) lidated) Connectivity & Security 178 94 88.9% 127 40.0% Software Quick Boot 400 381 4.9% 412 -2.9% Product Business Database 111 80 39.0% 86 28.6% Sub-To
Slide 8: YoY Sales and Profit per Segment
YoY Sales and Profit per Segment (Million yen) FY2022 FY2021 FY2020 Change Change （Consolidated） （Consolidated） （Consolidated） Software Product Sales 689 556 133 626 63 Business Segment Profit(Loss) 136 68 67 96 39 Software Distribution Sales 977 968 9 1,290 -312 Business Segment Profit(Loss) -141 *
Slide 9: YoY: Sales and Profit Before Amortization of Goodwill per Segment
YoY: Sales and Profit Before Amortization of Goodwill per Segment (Million yen) FY2022 FY2021 FY2020 Change Change （Consolidated） （Consolidated） （Consolidated） Software Product Sales 689 556 133 626 63 Business Segment Profit(Loss) 136 68 67 96 39 Software Distribution Sales 977 968 9 1,290 -312 Bus
Slide 10: YoY: Sales
YoY: Sales (Million yen) Per Business Per Type Reference (Notes) Reference SP ＋63 SS -39 SP=Software Product Business SD=Software Distribution Business 2,346 SS=Software Service Business 2,346 One-time payments Increase in -48 Increase in Increase in SD △312 Increase in Increase in one- SS sales Con
Slide 11: YoY: Operating Profit
YoY: Operating Profit (Million yen) Per Business Per Cost Factor (Note) For ease of comparison, 77 change in OP before amortization of 77 77 77 Other ＋8 SP goodwill is shown for the change in Decline in Other SS 35 segment profit for the SD Business 35 goodwill increase ＋39 and the SS Business. -38
Slide 12: Comparison with the Plan: Sales and Operating Profit
Comparison with the Plan : Sales and Operating Profit（By Business Segment） (Unit: Million yen) Sales Operation Profit 2,196 ＋69 Decrease in Increase in Increase in SD sales SS sales Increase in SP sales SP profit △210 ＋2 2,058 Decrease in SD profit ＋60 Increase in 80 △78 SS profit 77 ＋15 ＋23 (Note):
Slide 13: Consolidated Statement of Income
Consolidated Statement of Income (Million yen) FY22 FY21 Change FY20 Change Sales 2,058 1,905 153 2,346 -288 Cost of Sales 1,069 1,061 7 1,226 -157 Gross Margin 989 843 145 1,119 -130 SG&A 911 1,050 -138 1,084 -173 Operating Income(Loss) 77 -206 284 35 42 Non-Operating Profit 13 4 9 3 9 Ordinary Inc
Slide 14: FY3/22 Extraordinary loss items and their description
FY3/22 Extraordinary loss items and their description ◼Cost of relocating the headquarters 53,566 thousand yen • In July 2022, offices were consolidated in order to streamline office functions and to further promote in- house communications. - Abolished business place: Shinjuku head office in the Me
Slide 15: Consolidated Balance Sheet (Assets)
Consolidated Balance Sheet (Assets) (Million yen) End of March End of March Change 2022 2021 Cash and deposits 705 828 -123 Notes and accounts receivable-trade - * 676 -676 Notes and accounts receivable-trade & Contract assets * 652 - 652 Securities 1,000 800 200 Inventories - 5 -5 Prepaid expenses
Slide 16: Consolidated Balance Sheet (Liabilities and Net Assets)
Consolidated Balance Sheet (Liabilities and Net Assets) (Million yen) End of March End of March Change 2022 2021 Accounts payable-trade 153 131 22 Accounts payable-other 32 47 -14 Advances received - *1 73 -73 Contract liabilities *1 97 - 97 Other *2 164 46 118 Current liabilities 448 298 149 Noncur
Slide 17: Movement of Sales and Operating Income
Movement of Sales and Operating Income (Million yen) 3,000 Software Service Software Distribution Movement of sales 2,500 Software Product (provided by former Ubiquitous) 2,349 2,406 2,346 Note 1: Figures in and before FY 2007 are those announced before the listing at JASDAQ 370 400 2,058 2,000 Note
Slide 18: Movement of Net Income and Cash Flows from Operating Activities
Movement of Net Income and Cash Flows from Operating Activities (Million yen) 600 Movement of Net Income 382 400 244 259 177 183 200 105 77 64 2 2 21 - -12 -18 -11 -39 -200 -97 -222 -202 -400 -347 -426 Note: Figures in and before FY07 are those announced before the listing at JASDAQ -600 -549 FY02 F
Slide 19: Results against the Revised Mid-Term Management Targets
Results against the Revised Mid-Term Management Targets FY ending in March 2025 Ubiquitous AI Corporation Group Sales - 3,000 mil. yen FY ending in March 2022 Operating margin: more than 10% Toward the No. 1 Embedded Software Plan: 2,196 (80) Target: Vendor ->2,058 (77) FY ended in March 2021 - Real
Slide 20: Trends and Initiatives by Segment and Product Area
Trends and Initiatives by Segment and Product Area
Slide 21: QuickBoot Related
Software Product Business QuickBoot Related (Million yen) 689 700 ◼ Overview of the fiscal year ＋133 ■Sales 600 • Recognized royalty sales from existing customers in domestic 556 ■Segment Profit and overseas related to in-vehicle devices and overseas 500 consumer electronics 400 ＋18 • Ongoing large-
Slide 22: Connectivity, security & OS related
Software Products Business Connectivity, security & OS related ◼ Overview of the fiscal year (Million yen) 700 689 • Acquire large orders from existing customers related to in-vehicle ＋133 ■Sales 600 556 devices ■Segment Profit 500 • Recorded sales from IoT security-related R&D projects 400 • Record
Slide 23: Database Related
Software Product Business Database Related (Million yen) 700 689 ◼ Summary of FY 2022 Q3 600 556 ＋133 ■Sales ■Segment Profit • Recorded royalty sales, etc. from existing customers in 500 the area of industrial machines, etc. 400 300 ◼ Business Direction 200 DB 136 • Ensure stable revenue by supporti
Slide 24: Software Distribution Business
Software Distribution Business (Million yen) 968 977 1,000 ◼ Overview of the fiscal year ■Sales • Royalty sales of BIOS product "InsydeH2O Ⓡ * 1" and wireless 800 ＋9 ■Segment Profit product "Blue SDK *2”, License sales of quality improvement 600 support tool product "CodeSonar * 3", License and roya
Slide 25: Software service business
Software service business (Million yen) 400 380 ＋10 390 ◼Overview of the fiscal year ■Sales • Various contracted development sales from existing 300 ■Segment Profit customers • Recorded license fee sales related to "YOMI" data content, 200 mainly for in-vehicle equipment 86 -3 83 ◼Business Direction
Slide 26: Results and Medium-Term Issues and Measures
FY 2022 Q3, Results and Medium-Term Issues and Measures Business Field Results Issues and Measures • Automotive-related business was affected by the • Realize sales expansion by supporting next- Fast Boot COVID-19 pandemic in Q2 and Q3, but continues to be generation platforms and aggressively a cor
Slide 27: Topics
Topics 76 Ubiquitous Al Corporation
Slide 28: Capital and business alliance with Engineerforce (1/12)
Capital and business alliance with Engineerforce (1/12) The estimate creation tool, which enables the sharing of past estimate data within the company, which improves the accuracy of estimates and realizes labor savings, is being deployed mainly in the manufacturing industry ◼ Solving issues related
Slide 29: Capital and Business Alliance with Grape Systems Inc.
Capital and Business Alliance with Grape Systems Inc. (3/31) Both companies, which have technological capabilities and a proven track record in embedded systems development, collaborate to meet a wide range of customer needs. ◼ Responding to increasingly complex, wide-ranging, and sophisticated tech
Slide 30: Launched Engineerforce, a knowledge-sharing tool for estimates
Launched Engineerforce, a knowledge-sharing tool for engineers to create estimates （5/12） DX tool solves problems when creating estimates ◼Share past estimate data to improve DX area of Engineerforce estimation accuracy and save labor • Improve work efficiency and prevent requirement definition omis
Slide 31: Cumulative shipments of Ubiquitous QuickBoot exceed 60 million units
Linux®/Android™ fast boot solution Cumulative shipments of "Ubiquitous QuickBoot" exceed 60 million units (5/13) Steady introduction in in-vehicle information equipment; shipments by some overseas manufacturers in full swing ◼Product Overview Transition in cumulative number of licenses 2022/05 May 2
Slide 32: Appendix
Appendix 76 Ubiquitous Al Corporation.
Slide 33: FY 2022 Q3, 4Q Disclosure List
FY 2022 Q3, 4Q Disclosure List Date of announcement Press release ■Ubiquitous AI and Engineerforce, a provider of estimation process visualization and knowledge sharing tools, agree to a capital January 12 and business alliance and sales collaboration for the manufacturing industry. 4Q ■Ubiquitous A
Slide 34: Connecting the Future
Connecting the Future ST Ubiquitous Al Corporation