Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — FY2019 Earnings Presentation
10 slides from Nippon Chemi-Con's earnings presentation, May 28, 2020
Slide 1: Results for FY Ended March 31, 2020
Translation Results for FY Ended March 31, 2020 Nippon Chemi‐Con Corporation May 28, 2020 1
Slide 2: FY2019 consolidated results summary
Translation YoY Change FY2018 FY2019 (Billion yen) Amount ％ Net Sales 140.95 114.59 (26.36) (18.7) Operating Income 5.13 (2.89) (8.02) － Operating Income Ratio 3.6% (2.5)% (6.1)pt － Profit attributable to owners of parent 0.91 (5.92) (6.83) － Profit attributable to owners of parent Ratio 0.7% (5.2)%
Slide 3: Net sales by market: industrial equipment decline
Translation Sharp decline in Al‐Cap demand mainly in industrial equipment market due to US‐China trade friction Net Sales (Billion yen) ↓ Industrial equipment︓Downturn in capital investment mainly in Greater China 160 140.9 ↑ ICT : Launchings of 5G base stations and the recovery of server 140 demand
Slide 4: Operating income: positives and negatives YoY
Translation Main positives: 1) Reduction of manufacturing fixed costs 2) Cost reduction 3) Improvement in material and electricity costs Main negatives: 1) Decreased demand in industrial equipment market due to U.S‐China trade friction 2) Stronger yen 3) Selling price factors 4) COVID‐19 Operating i
Slide 5: Preconditions for the results forecasts
Translation Preconditions for the results forecasts ‐ Spread of infection to end during the first quarter and the demand to gradually recover from the second quarter ‐ Production was halted at bases Chemi‐Con(Wuxi)(Feb.) and Chemi‐Con(Malaysia) (Apr.), but recovery is possible ‐ There are no plans o
Slide 6: FY2020 forecast
Translation YoY Change FY2019 FY2020 Forecast (Billion yen) Amount ％ Net Sales 114.59 113.5 (1.09) (1.0) Operating Income (2.89) 2.9 5.79 － Operating Income Ratio (2.5)% 2.6% 5.1pt － Profit attributable to owners of parent (5.92) 1.4 7.32 － Profit attributable to owners of parent Ratio (5.2)% 1.2% 6
Slide 7: FY2020 net sales forecast by market
Translation Automotive electronics to suffer from the effects of COVID‐19, the shift to telework to cause a rise in ICT demand Net sales ↓ Automotive Electronics︓Decrease in car demand due to COVID‐19 (Billion yen) 120 114.5 113.5 ↑ ICT︓Boost in PC demand caused by the increase in 5G base stations O
Slide 8: Net sales by product group
Translation Product Group FY2019 Percentage FY2020 Forecast Percentage YoY YoY (%) (Billion yen) of Total (Billion yen) of Total Sales Sales Aluminum Electrolytic Capacitors 97.2 84.8% 97.5 86.0% ＋0.3 ＋0.4% (Conductive Polymer Capacitors) 13.0 11.4% 15.7 13.9% ＋2.6 ＋20.2% DLCAPTM 4.4 3.9% 3.4 3.0% (
Slide 9: Capacitor sales by type and promising markets
Translation After‐COVID‐19 SMD SMD Promising markets 18% 17% and equipment Small size Small size ICT Market 37% FY2019 35% FY2020 Conductive 5G Base stations 97.2 polymer (Forecast) Conductive Billion yen 13% 97.5 polymer 16% Servers Billion yen Home‐use game consoles Large size Various IT Large siz
Slide 10: Note on forward-looking statements
Translation 〔Note〕 The projected performance figures in this material are based on information available to Nippon Chemi‐Con’s management at the time this material was prepared. There are many uncertain factors inherent in forecasting, and there might be cases in which actual results differ from for