Suncorporation · TSE:6736
Suncorporation — FY2023 Earnings Presentation
29 slides from Suncorporation's earnings presentation, Jun 2, 2023
Slide 1: Year Ended March 31th 2023 Financial Results Explanatory Material
June 2nd, 2023 Year Ended March 31th 2023 Financial Results Explanatory Material
Slide 2: Table of Contents
Table of Contents Financial highlights for the year ended March 31th 2023 Segmental Overview (consolidated) 18 Consolidated Balance Sheet 19 Financial highlights for the year ended March 31th 2023 (SUNCORPORATION Group excluding Cellebrite) 09 Consolidated Statement of Cash Flows 20 Operating profit
Slide 3: Company Profile
Company Profile 3
Slide 4: Company Profile
Company Profile Company Name SUNCORPORATION Headquarters Nagoya Headquarters Nagoya Building Sakurakan, 2F 4-2-25 Meieki, Nakamura-ku, Nagoya, Aichi 450-0002 JAPAN Establishment April 16, 1971 Representative Ryusuke Utsumi, CEO Business Mobile Data Solutions, Entertainment Business Segments IT Busin
Slide 5: Management Philosophy
Management Philosophy Dr e ams, C halle nges and C r e ati on s SUNCORPORATION have been creating fresh and innovative products based on our accumulated technological capabilities and the ideas of our outstanding engineers. We will continue to shine a bright light on the future by meeting the divers
Slide 6: History
History SUNCORPORATION’s DNA 2020 The release of “AceReal for docomo”, a remote operation Dreams, Challenges, support solution using 5G and AR SmartGlass 2010 The development and Creations release of the mobile router the “Rooster Series” M2M’s full scale entry to the market 2007 The acquisition of
Slide 7: Management Policy: Challenging Spirit
M a n a g e m e n t Po l i c y 「Challenging Spirit」 1 Concentration on telecommunications and entertainment Provide society with the technology, enjoyment and enrichment that make it safe and secure 2 Improving the value of the enterprise Aim to grow into a world-class company by integrating the man
Slide 8: Financial Highlights for the Year Ended March 31th 2023
Financial Highlights for the Year Ended March 31th 2023
Slide 9: Financial highlights for the year ended March 31th 2023 (excluding Cellebrite)
Financial highlights for the year ended March 31th 2023 (SUNCORPORATION Group excluding Cellebrite) Despite difficulties in procuring parts and materials and increased raw material costs, the Company achieved most of its sales plan by improving procurement and selling prices. POINT 1. POINT 2. POINT
Slide 10: Operating profit Analysis of changes (excluding Cellebrite)
Operating profit Analysis of changes (SUNCORPORATION Group excluding Cellebrite) Breakdown of impacts: Profitability reduced as sales are Unit: millions of yen pushed back due to deferred production. Breakdown of Semiconductor impacts: Factors contributing to the shortage Cost increase due increase:
Slide 11: External environment affecting the company's performance
External environment affecting the company's performance Market conditions in the domestic IT Availability of semiconductors market Shortfall in supply of general-purpose analogue The IT market has been affected by COVID-19, rapid inflation and the shortage of semiconductors, and has changed to a bu
Slide 12: Global data intelligence business initiatives
Global data intelligence business initiatives (formerly Mobile Data Solutions Business) Demand in the information security market is growing along with the expansion of DX Propose various solutions to create a safe and secure society Sales in March 2023. Future work: UFED Touch3 The importance of di
Slide 13: New IT business initiatives
New IT business initiatives Overcoming a tough competitive environment and securing the market Further business expansion Sales in March 2023 Future approach: evolving platform business The supply shortage of semiconductors, difficulties Long-range Bluetooth® devices from different manufacturers wit
Slide 14: Entertainment business initiatives
Entertainment business initiatives Drawing on long experience and extensive IP assets, Generates stable cash flow Sales in March 2023. Future initiatives: amusement Amusement Follow the initiatives of pachinko and pachislot machine manufacturers, whose sales volume is increasing, and continue to pro
Slide 15: Summary of financial results for the year ended March 31th 2023
Summary of financial results for the year ended 31 March 2023
Slide 16: Consolidated financial highlights
C o n s o l i d a t e d financial highlights ( c o n s o l i d a t e d ) • Orders were solid in the Global Data Intelligence (formerly Mobile Data Solutions) business and the Entertainment Orders remained strong in the Global Data Intelligence (formerly Mobile Data Solutions) and Entertainment-relat
Slide 17: Consolidated income statement
Consolidated income statement (consolidated) POINT. Consolidated recurring profit is a foreign exchange gain of JPY 2,895 million, Increase mainly due to a ¥12,107 million gain on valuation of derivatives. 2022/3 2023/3 Percentage change (Unit: millions of yen) Actual results Actual results (%) Turn
Slide 18: Segmental overview (consolidated)
Segmental overview (consolidated) Global Data Intelligence Entertainment related New IT-related (Formerly Mobile Data Solutions) (Amusement and gaming) (M2M/IoT) Turnover 29,152 million. Turnover 6,259 million. Turnover 2,064 million Composition ratio 77.8%. Composition ratio 16.7%. Composition rati
Slide 19: Consolidated balance sheet
Consolidated balance sheet (consolidated) POINT. Decreased by 28 billion cash and 49 billion liability respectively, following the transfer of Cellebrite to the equity method, 4.3 billion market value of rights granted under price adjustment clauses, and approximately 7 billion investment in investm
Slide 20: Consolidated statement of cash flows
Consolidated statement of cash flows (consolidated) POINT. 13,960 million in net income and 11,513 million in acquisition of investment securities, 30,514 million in proceeds from the sale of shares in subsidiaries. 2022/3 2023/3 (In millions) Tra c k re co rd Tra c k re co rd Comment. Operating act
Slide 21: 2024 Financial Forecast
2024 Financial Forecast For the forecast of results for the year ending 2024, The uncertain impact of recent geopolitical risks and financial instability, Also recognised in the company's equity-method affiliate Cellebrite DI.Ltd. On price adjustment matters, certain restricted shares and, derivativ
Slide 22: Initiatives for sustainable growth
Initiatives for sustainable growth
Slide 23: Initiatives for growth
Initiatives for growth Strategic direction. Current products Priority growth Current products New products and businesses and and services Services. M&A Services. planning Improved sales development review methods New technology Further study of underlying hardware and technology techniques Developm
Slide 24: Growth strategy: Research and Development Department
Growth strategy Marketing and Technology Development Departments are merged to form the Research and Development Department. Responsible for developing the technology on which Sun Electronics' products are based and supporting the expansion of related businesses. POINT 1. POINT 2. Role of the Resear
Slide 25: Investment initiatives
Investment initiatives Promote mergers and acquisitions into related businesses, Actively invest in human resources POINT 1. POINT 2. Promotion of mergers and Investment in human resources acquisitions into related businesses Review of training and education system Expansion of global markets Use of
Slide 26: M&A Acquisition: EK Tech Holdings Sdn. Bhd.
M&A Acquisition: acquisition of shares in EK Tech Holdings Sdn. Bhd (made a consolidated subsidiary) Synergies with IoT/M2M business expected Providing new value and expanding the business base into the ASEAN region EK Tech company profile. Company EKTech Holdings Sdn Bhd name Petaling Jaya, Selango
Slide 27: Shareholder returns (non-consolidated)
Shareholder returns (non-consolidated) Basic Policy While taking into account the medium- and long-term business revenue base, The company will actively and flexibly distribute profit according to performance. 2022/3 2023/3 (Annual) 40.00 JPY 20.00 Dividend (End of period) JPY 20.00 JPY 20.00 (End o
Slide 28: Market value of the SUNCORPORATION Group
M a r k e t v a l u e o f t h e S U N C O R P O R AT I O N G r o u p . Cellebrite, which is a holding company of SUNCORPORATION listed on the NASDAQ market (95,597,718 shares held). The market capitalisation of Sun‘ shareholdings is approximately 77.4 billion yen, and Sun Electronics’ market capital
Slide 29: Disclaimer
disclamer The purpose of this document is to provide information on the company‘s business, management strategy and performance, It is not intended to solicit investment in securities issued by the Company. This document is also based on data as at 15 May 2023 for financial and company data. The opi