Optex Group Company Limited · TSE:6914

Optex — Q1 2022 Earnings Presentation

36 slides from Optex's earnings presentation, May 10, 2022

Slide 1: Summary of Consolidated Financial Results for the First Quarter of F.Y. 2022
Summary of Consolidated Financial Results for the First Quarter of F.Y. 2022 (Jan.1 to Mar.31, 2022) OPTEX GROUP CO., LTD. May 10, 2022 （Tokyo Stock Exchange Prime Market:#6914） <Disclaimer> The forward-looking statements, including OPTEX CO., LTD.’s operating results, strategies, and business plans
Slide 2: Company Structure
Company Structure Holding Company OPTEX GROUP CO., LTD （Tokyo Stock Exchange Prime Market：#6914） OPTEX CO., LTD. OPTEX FA CO., LTD. CCS Inc. Sanritz Automation MITSUTEC CO., LTD. Co., Ltd. Development/manufac Sales & Development Sales, Development Development, -turing of automation of Sensors for Sa
Slide 3: Optex Group Business Segment
Optex Group Business Segment Mitsutec Co., Ltd., acquired in November 2021, is MECT(Mechatronics)-related segment of the IA Business. Security Sensor segment SS Business Automatic Door Sensor segment （SS：Sensing Solution） Other (Water Quality Measurement Solutions, Customer Traffic Counting System)
Slide 4: Key Points of the Announcement
Key Points of the Announcement - Net sales were +27% year on year, reflecting growth in existing businesses(+22%) and the effects Q1 of the consolidation of a new operating company F.Y.2022 Overview (Mitsutec Co., Ltd.). of Financial Results - Operating income was +60% year on year, reflecting a sig
Slide 5: Q1 F.Y. 2022 Overview of Financial Results
Q1 F.Y. 2022 Overview of Financial Results © 2022 OPTEX GROUP CO., LTD. 5
Slide 6: Summary of Consolidated Financial Results for the First Quarter of F.Y. 2022
Summary of Consolidated Financial Results for the First Quarter of F.Y. 2022 Operating Results F.Y.2021 1Q F.Y.2022 1Q Percent Change (Unit: million yen) (1-3) Results (1-3) Results Change Net sales 10,974 13,901 +2,927 +26.7% Operating income 1,326 2,120 +794 +59.8% （Operating income Ratio）（12.1%）
Slide 7: Quarterly performance - Consolidated Net Sales
Quarterly performance - Consolidated Net Sales (Year-on-year) 13,901 274 EMS/Other Business 546 11,776 11,817 1,304 11,299 IA Business(MECT) 10,974 301 449 772 271 826 270 9,668 759 977 3,413 8,801 IA Business(IPC) 8,542 311 2,943 2,934 219 7,835 2,764 237 2,382 2,723 195 IA Business(MVL) 2,483 2,00
Slide 8: Factors of change in Net Sales (Year-on-year)
Factors of change in Net Sales （Year- on-year） Impact of Exchange IA EMS Other Rate Business Business Business 13,901 +429 +1,990 +7 -17 MECT SS （+546) Business +518 10,974 F.Y. 2021 Consolidated Net Sales F.Y. 2022 1Q（1-3）Results +¥2,927 million 1Q（1-3）Results © 2022 OPTEX GROUP CO., LTD. (Unit: mi
Slide 9: Factors of change in Operating Income (Year-on-year)
Factors of change in Operating Income （Year- on-year） Impact of Increase Sales Exchange in Change Rate Expenses Impact of Increase in Costs +263 -352 Exchange +1,104 -106 Rate -115 2,120 1,326 Selling, general and Gross operating income administrative Expenses F.Y. 2021 Consolidated Operating F.Y. 2
Slide 10: Comparison of Financial Results between Segments
Comparison of Financial Results for the First Quarter of F.Y. 2022 between Segments F.Y. 2021 1Q（1-3）Results F.Y. 2022 1Q（1-3）Results Operating Results Operating Operating (Unit: income Percent income Percent Net sales Net sales million yen) （Operating Change （Operating Change income Ratio） income R
Slide 11: Business by Segment - SS Business (Security Sensors)
Business by Segment - SS Business(Security Sensors) Region 2022/12 1Q(1-3) Overview Quarterly Sales by Region(Unit: million yen) - Sales of products for large-scale critical facilities remained strong. 4,000 3,808 Japan - Growth in sales of outdoor intrusion detectors 3,558 slowed due to delays in p
Slide 12: Business by Segment - SS Business (Automatic Door Sensors)
Business by Segment - SS Business(Automatic Door Sensors) Region 2022/12 1Q(1-3) Overview Quarterly Sales by Region(Unit: million yen) - The market recovery continued and sales of 1,230 1,178 Japan products for major automatic door manufacturers 1,126 remained strong. 1,089 1,042 1,052 1,050 - Sales
Slide 13: Business by Segment - IA Business (FA)
Business by Segment - IA Business(FA) Region 2022/12 1Q(1-3) Overview Quarterly Sales by Region(Unit: million yen) - Sales of products for the food industry and 3,000 Japan those for investment in electric devices, 2,697 2,710 electronics, and semiconductors increased. 2,442 2,466 - Sales of displac
Slide 14: Business by Segment - IA Business (MVL)
Business by Segment - IA Business(MVL) Region 2022/12 1Q(1-3) Overview Quarterly Sales by Region(Unit: million yen) 3,413 - Sales of products for electric devices, electronics, Japan and semiconductors increased. 2,943 2,934 3,000 2,723 2,764 - Ongoing projects for the medical industry in North Amer
Slide 15: Business by Segment - IA Business (IPC)
Business by Segment - IA Business(IPC) Region 2022/12 1Q(1-3) Overview Quarterly Sales by Region(Unit: million yen) - Sales of industrial PCs for semiconductor Japan manufacturing equipment increased. 1,304 1,000 977 826 772 To be included in 759 consolidated results, starting FY2021. 1,301 971 812
Slide 17: F.Y. 2022 Consolidated Earnings Projection
F.Y. 2022 Consolidated Earnings Projection First-half and full-year forecasts remain unchanged due to exceptionally uncertain prospects for component supply caused by the tight global supply-and-demand balance. F.Y. 2021 F.Y. 2022 Forecast Results 1st Half 2nd Half Full Year YoY (Unit: million yen)
Slide 18: Revisions to the F.Y. 2022 Dividend Projection
Revisions to the F.Y. 2022 Dividend Projection Year-end dividend（¥） Interim dividend（¥） 36 32.5 30 30 30 Acquisition of treasury shares 18 2018 2019 2021 15 1.5 1.0 1.0 15 15 15 Amount billion billion billion yen yen yen No. of 700,000 670,000 630,000 shares shares shares shares 17.5 18 15 15 15 ※ *
Slide 20: SS Business_Initiatives of Digital Transformation (DX)
SS Business_Initiatives of Digital Transformation (DX) OPTEX Co., Ltd. received DX Certification from the Ministry of Economy, Trade and Industry (METI) Japan Developing solution service business using sensors and IoT Security Sensor Cloud-based security surveillance systems Water Quality for Southe
Slide 21: SS Business (Security Sensors)_Strengthening Domestic Organization
SS Business(Security Sensors)_Strengthening Domestic Organization Four business bases have been added in Japan • Enhancement of sales and service operations • Prompt responses to customers’ requests Sendai (2021~) Shiga(headquarters) Osaka (2022.04~) Tokyo Large-scale critical facilities Nagoya(2022
Slide 22: https://www.optexgroup.co.jp/en/
https://www.optexgroup.co.jp /en /
Slide 24: Company Overview
Company Overview Company Name OPTEX GROUP CO., LTD. Location Shiga Otsu, Japan The OPTEX Group Established May 25, 1979 is an integrated Capital 2,798 million JPY manufacturer of sensors. Sales 45,866 million JPY To see things what eyes cannot see, that is our business ! Operating Profit 4,630 milli
Slide 25: Trends in Consolidated Performance
Trends in Consolidated Performance 67,000 2020 - COVID-19 60,000 2019 - U.S.-China trade tensions, economic slowdown in China - Deceleration 53,000 in demand for smartphone- related capital investment 2016 - Acquired CCS Inc. 45,866 40,113 37,504 37,517 9,000 34,846 (13%) 2008 - Lehman Brothers 31,0
Slide 26: Company Overview _ History
Company Overview _ History 1979 Established OPTEX CO., LTD. 1980 Developed the world's first Automatic Door Sensors with far-infrared Founding members 1985 Founded a subsidiary in California, U.S.A. 1991 Made the company's stock public. 1996 Developed Outdoor Crime Prevention Sensors 2001 Listed on
Slide 27: Holding Company Structure
SS Business: Sensing Solution Business Holding Company Structure IA Business: Industrial Automation Business Holding Company OPTEX GROUP CO., LTD （Tokyo Stock Exchange Prime Market：#6914） OPTEX CO., LTD. OPTEX FA CO., LTD. CCS Inc. Sanritz Automation MITSUTEC CO., LTD. Co., Ltd. Development/manufac
Slide 28: Company Overview _ Data
Company Overview _ Data Sales by Product Category Sales by Region EMS/ IA Others (IPC) 3% AMERICAs 7% 12% SS Security Asia/ Sensors Oceania IA (MVL) 45.8 30% 14% 45.8 Japan 25% billion yen 46% billion yen (F.Y.2021) SS (F.Y.2021) Automatic Door Sensors EMEA IA SS 10% (FA) Others 28% 21% 4% © 2022 OP
Slide 29: Company Overview _ Global Market Share
Company Overview _ Global Market Share Global niche No.1 Security Automatic door Machine vision sensors sensors lighting 40% Outdoor Intrusion 30% Automatic door 30% LED inspection Detector sensor lighting Infrared sensor Sensor for large-scale critical facilities Push plate LED lighting systems Cam
Slide 30: Business Domain _ Security sensors
Business Domain _ Security sensors Largest market share in the world for outdoor intrusion detectors Residential home・Commercial facilities Residences Offices Alarm [Security company] signal Outdoor sensors Rush to the scene Police alerted in Europe and the United States Important facilities Oil, ga
Slide 31: Business Domain _ Automatic door sensors
Business Domain _ Automatic door sensors Domestic market share: Over 50% Overseas market share: Over 20% In 1980, we applied far-infrared rays, until Over 60% share Shopping centers then mainly used for military purposes, to of convenience stores automatic door sensors. The world's first Hospitals S
Slide 32: Business Domain _ Factory Automation sensors
Business Domain _ Factory Automation sensors Provision of sensors for factory automation which help automate factory production processes and save labor Displacement sensors Image sensors Photoelectric sensors Products for the semiconductor and Products for the three-item industries Products for the
Slide 33: Business Domain _ Machine Vision Lighting
Business Domain _ Machine Vision Lighting CCS produces lighting for image inspection using LED since 1993. Lighting for image inspections* When producing something at a plant, each stage of work requires an “inspection” process. Photos or images of the inspection targets are Letter/shape imaging (Sm
Slide 34: Business Domain _Industrial Computers
Business Domain _Industrial Computers Provision of products that are highly reliable in terms of environmental durability, noise insulation, and other factors. Our competitive edge is that we highlight long-term technical support services based on a wealth of expertise on the development of hardware
Slide 35: Business Domain _Mechatronics
Business Domain _Mechatronics Automation Systems Image Processing Inspection Systems "Motion technology" Boasting advanced mechatronics technology to move things ✓ High-speed/high-precision filling technology × ✓ High-speed material handling technology, etc. "Vision technology" to see things → High
Slide 36: ESG's Efforts
ESG’s Efforts _ We are proactively addressing ESG issues to enhance our corporate value. See our ESG report here. Environment Social Governance Products and services to help Relationships with local Corporate governance resolve environment issues communities ＜Automatic Door Sensors＞ Four of the Dire

Optex Group — Q1 2022 Earnings Presentation on 6ix

Optex — Q1 2022 Earnings Presentation

Slide 1: Summary of Consolidated Financial Results for the First Quarter of F.Y. 2022

Slide 2: Company Structure

Slide 3: Optex Group Business Segment

Slide 4: Key Points of the Announcement

Slide 5: Q1 F.Y. 2022 Overview of Financial Results

Slide 6: Summary of Consolidated Financial Results for the First Quarter of F.Y. 2022

Slide 7: Quarterly performance - Consolidated Net Sales

Slide 8: Factors of change in Net Sales (Year-on-year)

Slide 9: Factors of change in Operating Income (Year-on-year)

Slide 10: Comparison of Financial Results between Segments

Slide 11: Business by Segment - SS Business (Security Sensors)

Slide 12: Business by Segment - SS Business (Automatic Door Sensors)

Slide 13: Business by Segment - IA Business (FA)

Slide 14: Business by Segment - IA Business (MVL)

Slide 15: Business by Segment - IA Business (IPC)

Slide 16: Consolidated Earnings Projection

Slide 17: F.Y. 2022 Consolidated Earnings Projection

Slide 18: Revisions to the F.Y. 2022 Dividend Projection

Slide 19: TOPICS

Slide 20: SS Business_Initiatives of Digital Transformation (DX)

Slide 21: SS Business (Security Sensors)_Strengthening Domestic Organization

Slide 22: https://www.optexgroup.co.jp/en/

Slide 23: Company Overview

Slide 24: Company Overview

Slide 25: Trends in Consolidated Performance

Slide 26: Company Overview _ History

Slide 27: Holding Company Structure

Slide 28: Company Overview _ Data

Slide 29: Company Overview _ Global Market Share

Slide 30: Business Domain _ Security sensors

Slide 31: Business Domain _ Automatic door sensors

Slide 32: Business Domain _ Factory Automation sensors

Slide 33: Business Domain _ Machine Vision Lighting

Slide 34: Business Domain _Industrial Computers

Slide 35: Business Domain _Mechatronics

Slide 36: ESG's Efforts