Slide 1: FY2019 Q2 Financial Results Briefing
FY2019 Q2 Financial Results Briefing （Securities Identification Code: 6787）
Slide 2: FY2019 2Q Results
１ FY2019 2Q Results ２ Outlook for the current term 3 Technology Roadmap 2
Slide 3: FY2019 Q2 settlement highlights
FY2019 Q2 settlement highlights Net sales decreased 2,700 million yen to 5,910 million yen. Net ･Automotive increased 2.6% year on year to 27,400 million yen sales ･Smartphone decreased 23.8% year on year to 14,700 million yen ･Sales in other fields increased 7.6% year on year to 17,000 million yen
Slide 4: FY2019 Q2 Consolidated Business Performance
FY2019 Q2 Consolidated Business Performance （100 million yen） Year-on-year FY2018Q2 FY2019Q2 performance performance Increase % N e t s a l e s 618 591 -27 -4.3% Operating income 57 34 -23 -39.9% 9.2% 5.8% Ordinary income 63 30 -33 -52.4% 10.2% 5.1% N e t i n c o m e 53 24 -29 -55.6% 8.6% 4.0% Avera
Slide 5: Net sales, Operating income
Net sales, Operating income （100 million yen） Operating Operating Operating Net sales income Margin Net Sales income 40 300 315 303 298 299 292 277 280 274 32 30 273 252 250 255 234 26 200 223 25 24 20 19 17 17 10.1% 17 17 16 15 15 100 8.7% 8.5% 8.2% 10 7.4% 6.5% 6.8% 9 6.0% 5.9% 6.2% 5.9% 5.7% 7 4.
Slide 6: FY2019 Q2 Product Revenue
FY2019 Q2 Product Revenue （100 million yen） FY2018 Q2 FY2019 Q2 Difference Operating Operating Operating income income Sales i n c o m e Sales Sales % % % % 19 15 7 -4 Automotive 267 274 7.1% 5.5% 2.6% -21.1% 29 14 -46 -15 Smartphone 193 147 14.5% 9.5% -23.8% -51.7% 9 5 12 -4 Others 158 170 5.9% 2.9
Slide 7: Analysis of operating income change FY2018 Q2 to FY2019 Q2
Analysis of operating income change FY2018 Q2➡FY2019 Q2 （100 million yen） Sales -22 Variable Fixed cost cost Exchange SG&A Rate FY2018Q2 performance FY2019Q2 performance Exchange Rate 110.64Yen/us$ Exchange Rate 108.66Yen/us$ 7
Slide 8: FY2019 Q2 Sales Performance by Product Application
FY2019 Q2 Sales Performance by Product Application （100 million yen） Automotive Smartphone Storage Office equipment Digital home appliance Industrial equipment Amusement IoT EMS 8 33 (1.4%) (5.6%) FY2019 Q2 274 (46.2%) 147 22 (3.7%) (2.4%) 14 36 (6.2％) 591 (24.9%) 31 26 (5.2%) (4.4%) ＋7 -46 ＋12 -27
Slide 9: FY2019 Q2 Sales Performance by Product Specification
FY2019 Q2 Sales Performance by Product Specification （100 million yen） Double-sided PCB Four-layer PCB Six layers or more HDI PCB High Dissipation PCB Flexible PCB EMS 9 (1.5%) FY2019 Q2 35 (5.9%) 139 (23.4%) 112 (19.0%) 252 (42.6%) 36 (6.2%) 591 8 (1.4%) -13 +5 -16 -27 (-8.6%) (4.7%) (-6.0%) (-4.3%
Slide 10: Outlook for the current term
１ FY2019 2Q Results ２ Outlook for the current term 3 Technology Roadmap 10
Slide 11: Outlook for the current term
Outlook for the current term ・Automotive will remain at the same level as the first half Ocerview ・Smartphone will remain at the same level as the first half ・ Sales in other fields, IoT and EMS will grow ・Vietnam Plant#1 factory: we will invest in EMS and flexible ・Vietnam Plant#2 factory: we will
Slide 12: FY2019 Full-year forecast
FY2019 Full-year forecast （100 million yen） FY2019 FY2019 FY2019 Q2 full-year plan results forecast Net Sales 1,200 591 609 Operating 75 34 41 I n c o m e 6.3% 5.8％ 6.7% O r d i n a r y 63 30 33 I n c o m e 5.3% 5.1％ 5.4% Net income 53 24 29 4.4% 4.0％ 4.7% Exchange rate （ J P Y / U S D ） 111.00 108.
Slide 13: Investment plan
Investment plan （100 million yen） Domestic overseas Additional investment 150 150 125 25 120 115 115 30 10 10 FY2018 FY2019 Original plan FY2019 Revised plan Depreciation 64 68 Depreciation 68 13
Slide 14: Vietnam factory strategy
Vietnam factory strategy High frequency Smartphone module 5G Smartphone Automotive developed products Meiko-Towada Vietnam EMS Vietnam Plant #3 MSAP・Automotive developed products Vietnam Plant #3 Vietnam Plant #1 Automotive Flexible PCB/EMS Tang Long Plant MLB Longcheer Flexible PCB High frequency m
Slide 15: Technology Roadmap
１ FY2019 2Q Results ２ Outlook for the current term 3 Technology Roadmap 15
Slide 16: Transformation brought about by 5G
Transformation brought about by 5G Conventional 5G Assign a dedicated signal to each one Source: Website of Softbank Three features and innovation in each industrial field Smartphone Base Stations Servers IoT Increase in macro cells/small cells Ultra-high speed: Maximum of 10 Gbps Big data volum
Slide 17: 5G market trends (sales volume)
5G market trends (sales volume) Smartphone Storage Connected car xEV IoT devices （100 Million units） （100 Million units） （Million units） （Million units） （100 Million units） Conventional HDD EV PHV HV 16.76 5G SSD 6,000 800 55 15 6 1,500 15 13.5 3.4 4,000 10 4 1,000 500 2.7 29 350 5.25 5.23 2,000 5 2
Slide 18: Technology development roadmap for 5G
Technology development roadmap for 5G 700MHz 3.6GHz 6GHz 28GHz Millimeter-wave Communications Conventional Communications 5G Communications System Macro cell/Small cell/High-frequency module (Multilayer high-frequency board) (High-frequency board) Base stations servers Server SSD Data center SSD (10
Slide 19: 5G development example
5G development example Unit TCU / V2X communication module for connected cars Using a mobile communication system, two-way communication application between the car and cloud servers, infrastructure, and other cars High-density printed wiring board on which feature 5G communication chip is mounted C
Slide 20: Forward-looking statements notice
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