Slide 1: FY2022 Second Quarter Financial Results Briefing
FY2022 Second Quarter Financial Results Briefing November 10, 2022 （Securities Identification Code: 6787）
Slide 2: Forward-looking statements
This presentation contains forward-looking statements concerning Meiko Group’s future plans, strategies and performance. However, Meiko does not publish this presentation as a disclosure document based on the Financial Instruments and Exchange Act of Japan. These forward-looking statements are not h
Slide 3: FY2022 Key Financials / Outlook for the current term
１ FY2022 Key Financials ２ Outlook for the current term 3
Slide 4: 1st Half Business Environment
FY2022 1st Half Business Environment ●Net sales, ordinary income and net income reached record highs in the first half due to the effect of yen depreciation. ●Operating income decreased YoY due to sluggish orders. ◆Automotive was affected by China's zero-corona policy and semiconductor shortages. ◆S
Slide 5: FY2022 1st Half Results
FY2022 1st Half Results （ 100 million yen ） FY2021 FY2022 Year-on-Year Results Results Diff. % Net Sales 695 817 122 17.6% Operating 55 46 -9 -16.4% Income 8.0% 5.7% Ordinary 53 87 34 63.4% Income 7.7% 10.7% Net 42 64 22 53.2% Income 6.0% 7.9% Average FX rate 110.12 135.31 (JPY/USD) 5
Slide 6: 1st Half Revenue by Product Applications
FY2022 1st Half Revenue by Product Applications （ 100 million yen ） FY21 1st half results FY22 1st half results Year-on-Year Operating Operating Operating Net Sales Net Sales Income Net Sales Income Income (%) (%) (%) (%) Automotive 348 29 417 28 69 -1 8.3% 6.7% 19.8% -3.4% Smartphones 146 16 142 7
Slide 7: FY2022 Key Financials / Outlook for the current term
１ FY2022 Key Financials ２ Outlook for the current term 7
Slide 8: FY2022 2nd Half Business Environment
FY2022 2nd Half Business Environment ●Orders for both automotive and smartphones are recovering compared to the first half of the year. ●Meiko Embedded Products joins the scope of consolidation. ●Capital Investment Amount has been reduced from 22 billion yen to 20 billion yen ◆Investment in packaged
Slide 9: Full-Year Outlook FY2022 - Consolidated
Full-Year Outlook FY2022- Consolidated （ 100 million yen ） FY22 full-year FY22 1st half FY22 2nd half FY22 2nd half FY22 full-year Meiko Embedded Products forecast results forecast revised forecast forecast as of Aug.5 Net Sales 817 883 80 1,780 1,700 Operating 46 67 2 115 155 Income 5.7% 7.6% 2.5%
Slide 10: Full-Year Outlook by Product Application
Full-Year Outlook FY2021- Consolidated (Breakdown by Product Application) （ 100 million yen ） FY22 1st half results FY22 2nd half forecast FY22 full-year revised forecast Operating Operating Operating Net Sales Income Net Sales Income Net Sales Income (%) (%) (%) 28 35 63 Automotive 417 6.7% 463 7.6
Slide 11: 1H Results / 2H Forecast by Specification
FY2022 1H Results / 2H Forecast by Specification （ 100 million yen ） MLB HDI PCB Flexible PCB High Dissipation PCB Package Other Substrates EMS 3(0.3%) 22(2.3%) 3(0.3%) FY22 414 350 158 963 2ndHalf (43.1%) (36.3%) (16.4%) 4(0.5%) ↑40(10.7%) ↑13(3.9%) 13(1.3%) ↑146(17.9%) 8(1.0%) 2(0.2%) FY22 374 337
Slide 12: Half year trend of Net Sales, Operating Income and others
Half year trend of Net Sales, Operating Income and others （ 100 million yen ） 20.0% 1000 Net sales Operating income Operating Margin (Total) 18.0% 963 900 16.0% 800 818 817 14.0% 700 695 12.0% 661 600 618 591 571 564 553 9.4% 10.0% 532 9.2% 532 500 502 8.0% 457 77 8.0% 7.3% 7.3% 400 6.5% 69 6.2% 5.8
Slide 13: EMS/ODM Business Introduction
EMS/ODM Business Introduction Meiko Head Office Meiko Embedded Products entrusted development domestic Yonezawa City, Yamagata Prefecture Meiko Embedded Technology Ayase City, Kanagawa Prefecture EMS FY23 Net sales forecast (100 million yen) EMS 122 ODM 108 Total 230 Nanyo City, Yamagata Prefecture