Slide 1: FY2020 Investor Briefing
1/21 FY2020 Investor Briefing May 21, 2021
Slide 2: FY2020 Outline of Financial Statement
2/21 FY2020 Outline of Financial Statement Executive Vice President and CFO KOHEI OHGAKI
Slide 3: Consolidated Financial Results
3/21 <Consolidated> Financial Results Unit: Million yen FY2019 FY2020 Net Sales Profit 75,000 10.3% DOWN 15,000 60,000 54,161 12,000 48,560 45,000 9,000 30,000 6,000 2,601 15,000 1,917 3,000 1,070 0 0 -244 -185 -15,000 -3,000 -2,651 Net Sales Operating Profit Ordinary Profit Net Profit
Slide 4: Consolidated Financial Results (by Quarter)
4/21 <Consolidated> Financial Results (by Quarter) Unit: Million yen Net Sales FY2020 FY2020 FY2020 FY2020 Profit 4-6 7-9 10-12 1-3 15,000 3,000 12,499 12,959 12,695 10,407 10,000 2,000 1,409 820 5,000 829 854 1,000 638 517 566 480 101 0 0 -186 -194 -246 -5,000 -1,000 -10,000 -2,000 Net Sales Operat
Slide 5: Consolidated Operating Expenses
5/21 <Consolidated> Operating Expenses Unit: Million yen FY2019 FY2020 54,405 47,490 [ ]: Sales Ratio [100.5%] [97.8%] 60,000 Material costs Amount paid to subcontractors 50,000 Labor costs 40,000 27,382 50.6% Expenses 23,493 48.4% Depreciations 30,000 1.5% Improved by 1.9％ 817 • 881 1.8% in ratio o
Slide 6: Consolidated Analysis of Changes in Operating Profit
6/21 <Consolidated> Analysis of Changes in Operating Profit Analysis of factors for increase/decrease Unit: Million yen of consolidated operating profit 3,000 ［ FY2019 vs. FY2020 ］ Total Decrease in variable costs ＋1,314 million yen 2,500 977 Decrease in fixed costs (labor costs/ 2,000 expenses/ dep
Slide 7: Consolidated Analysis of Changes in Operating Profit
7/21 <Consolidated> Analysis of Changes in Operating Profit Analysis of factors for increase/decrease Unit: Million yen of consolidated operating profit ［ Initial forecast vs. FY2020 ］ Total 1,500 (published on May 15, 2020) ＋870 million yen Increase in Operating profit sales amount for this term 66
Slide 8: Consolidated Non-operating Profit and Loss
8/21 <Consolidated> Non-operating Profit and Loss Unit: Million yen FY2019 FY2020 59 1,531 [0.2%] [3.2%] [ ]: Sales Ratio 1,600 160 Foreign exchange profit/loss 1,200 499 Revenue from and expenditure to real estates 800 Financial account balance 542 491 Employment adjustment subsidy 400 367 Others 2
Slide 9: Consolidated Extraordinary Profit and Loss
9/21 <Consolidated> Extraordinary Profit and Loss FY2019 FY2020 Unit: Million yen 500 -2,980 -330 77 21 -30 (Others) 0 -72 -79 -9 -500 (Others) -112 -130 Loss on valuation of -1,000 investment securities Gain/loss on sales of -1,500 fixed assets -2,953 -2,000 Loss on impairment -2,500 Loss on dispos
Slide 10: Consolidated Segment Information
10/21 <Consolidated> Segment Information Unit: Million yen FY2020 Reporting Segment CS SCI R&D Others* TOTAL Division Division Center Total Net Sales 19,840 28,431 252 48,524 36 48,560 Operating Profit/Loss 1,444 -72 -277 1,094 -24 1,070 FY2019 Reporting Segment CS SCI R&D Others* TOTAL Division Div
Slide 11: Consolidated Cash Position
11/21 <Consolidated> Cash Position Unit: Million yen Mar. 2020 Mar. 2021 Differential （Ａ） （Ｂ） （Ｂ－Ａ） Assets 50,204 50,332 127 Cash and cash equivalents 10,514 8,799 -1,715 Accounts receivable 12,332 12,567 235 Inventories 6,426 6,547 121 Fixed assets 19,872 21,428 1,555 Liabilities 25,575 22,580 -2,9
Slide 12: Consolidated Cash Flow Position
12/21 <Consolidated> Cash Flow Position Unit: Million yen FY2019 FY2020 Cash flow from operating activities 6,345 4,653 Working capital 3,931 -18 Profit before taxes -3,165 2,271 Depreciation 3,292 2,237 Others 2,287 163 Cash flow from investing activities -2,525 -2,325 Free cash flow 3,820 2,327 Ca
Slide 13: Financial Forecast and Annual Dividend
13/21 Financial Forecast and Annual Dividend %: Increase/decrease (1) Forecast of Consolidated Financial Results ratio to previous term Operating Ordinary Net Profit/ Net Sales Profit/Loss Profit/Loss Loss Million yen % Million yen % Million yen % Million yen % FY2020 48,560 -10.3 1,070 － 2,601 － 1,
Slide 14: FY2020 Result and FY2021 Prospect
14/21 FY2020 Result and FY2021 Prospect President, CEO and COO YASUMITSU IKEDA
Slide 15: Net Sales by Product Div. (FY2019-FY2021)
15/21 Net Sales by Product Div. (FY2019-FY2021) Unit: Million yen %: Compared to previous term 80,000 90% 100% 54,161 46,000 48,560 48,500 60,000 73 27 36 13 281 371 252 489 40,000 194% 90% 35,137 28,431 27,617 26,931 81% 97% 20,000 18,670 18,670 19,840 20,380 106% 103% 0 FY2019 Result FY2020/Oct FY
Slide 16: Operating Profit by Product Div. (FY2019-FY2021)
16/21 Operating Profit by Product Div. (FY2019-FY2021) Unit: Million yen Profitability (%)=Profit/Sales 1.7% 2.2% 1.0% 1,600 -244 800 1,070 500 1,200 69 800 47 1,444 1,028 400 672 10 141 0 -279 -252 -72 -216 -277 -400 -44 -3 -117 -24 -800 FY2019 Result FY2020/Oct FY2020 Result FY2021 Forecast Revise
Slide 17: Reference: Net Sales by Market (FY2019-FY2021)
17/21 Reference: Net Sales by Market (FY2019-FY2021) Unit: Million yen %: Compared to 54,161 48,560 48,500 previous term 60,000 6,140 3,906 4,500 115% Industry/ 40,000 17,879 Others 14,819 16,850 114% Car Electronics 20,000 21,369 19,199 Home 16,350 85% Appliance 8,772 10,635 10,800 102% ICT 0 FY201
Slide 18: FY2021 Priority Matters
18/21 FY2021 Priority Matters 1. Enhance activities to turn around sales and improve profits. 2. Accelerate new product development and acquire new business opportunities by strengthening collaboration between product and sales divisions. 3. Strengthen ESG management.
Slide 19: Growth Fields/Priority Products in the "New Normal" Age
19/21 Growth Fields/Priority Products in the “New Normal” Age 5G CASE - RF connectors - RF connectors for - Board to board V2X connectors - Camera connectors - Camera modules - Biometric sensors Healthcare IoT/Contactless - RF communication - Biometric sensors modules - Textile connectors - Voice re
Slide 20: SMK Shenzhen Factory Expansion
20/21 SMK Shenzhen Factory Expansion Production space Before: 4,262m2 After: 8,163m2 (expanded by 92%) Common SMK-Shenzhen facility Bld. 23 (1-5F) Expanded Area Bld. 18 (3-4F) Bld. 18 External Appearance Baiwangxin Industrial Area High-tech business enterprise zone owned by Shenzhen City, Nanshan Di
Slide 21: Notice
21/21 Notice All information in this material concerning the forecast of business achievements, projections of general business conditions and our business strategies is dependent on our conclusion made to a normally foreseeable extent applying information reasonably accessible to us at the time of