Furuno Electric Co., Ltd. · TSE:6814
Furuno Electric — Q2 FY2021 Earnings Presentation
15 slides from Furuno Electric's earnings presentation, Oct 14, 2021
Slide 1: Financial Results Briefing Materials
2nd Quarter of Fiscal Year 2021 (Ending February 28, 2022) Financial Results Briefing Materials October 14, 2021 FURUNO ELECTRIC CO., LTD. Cautions: This document is a translation of the Japanese original, which is authoritative. The information listed in these materials regarding the Company’s futu
Slide 2: Summary of 2nd Quarter of FY 2021
Summary of 2nd Quarter of FY 2021 Net Sales: Increase Sales recovery for Marine Business mainly in Europe and the Americas Profit: Increase Increase in Profit with improvement of profitability in Marine Business Forecast for FY2021: Upward Revision Increase in Profit, with improvement of
Slide 3: Consolidated Income Statement
Consolidated Income Statement Increase in Profit with improvement of profitability in Marine Business. Continuous investments for future growth. FY 2019 FY 2020 FY 2021 Year-over-Year Year-over-Year (Unit: Millions of yen) 2nd Quarter 2nd Quarter 2nd Quarter (amount) (ratio) Net sales 43,040 39,274
Slide 4: Analysis of Increase/Decrease in Net Sales
Analysis of Increase/Decrease in Net Sales Sales recovery for Marine Business mainly in Europe and the Americas (Unit: 100 Millions of Yen) 500 Marine Wireless LAN Marine Systems Business Business -9.7 +45.9 450 -36.6 Industrial Other Business Business -8.7 -0.6 Industrial Other 400 Business Busines
Slide 5: Analysis of Increase/Decrease in Gross Profit on Sales
Analysis of Increase/Decrease in Gross Profit on Sales Increase in Gross Profit on Sales with improvement of profitability for Marine Business (Unit: 100 Millions of Yen) 200 Industrial Business Marine Inventory-Related Business Expenses Increase, etc. Net Sales -0.4 Others 180 Marine Business +0.8
Slide 6: Analysis of Increase/Decrease in Operating Profit
Analysis of Increase/Decrease in Operating Profit Increase in Operating Income with Increase in Gross Profit on Sales for Marine Business (Unit: 100 Millions of Yen) 50 Industrial Business Increase in Expenses, etc. -2.4 40 Others Marine Business -2.9 Gross Profit Marine 30 on Sales Decrease Busines
Slide 7: Overview of Marine Business
Overview of Marine Business “100M” stands for 100 Million Marine Business Consolidated Sales (by Region) Marine Business: (Unit: 100 Millions of Yen) Net Sales 358 100M yen (+14.7% year-over-year) 400 日本 ■Americas ■Japan 米州 欧州 ■Europeアジア その他 ■Asia ■Other Segment Profit 27.0 100M yen (+21.3 100M yen)
Slide 8: Overview of Industrial Business
Overview of Industrial Business “100M” stands for 100 Million Industrial Business Consolidated Sales (by Product) Industrial Business: (Unit: 100 Millions of Yen) 90 Net Sales 52 100M yen (+4.9% year-over-year) ■PNT ■Healthcare ■Other Industrial ■Wireless LAN Systems Segment Profit -1.4 100M yen (-2
Slide 9: Consolidated Financial Results Forecast for FY 2021
Consolidated Financial Results Forecast for FY 2021 Upward revision of forecast, with improvement of profitability in Marine Business outweighing loss of special demand for GIGA School (Unit: Millions of yen) FY 2019 FY 2020 FY 2021 FY 2021 Results Results Previous Forecast Revised Forecast Net sale
Slide 10: FURUNO's Business Outline
Appendix: FURUNO’s Business Outline FURUNO ELECTRIC CO., LTD. All Rights Reserved. 10
Slide 11: Consolidated Balance Sheet
Appendix: Consolidated Balance Sheet Increase of “Cash and deposits”. Increase of “Tangible fixed assets” with construction of new R&D Building (Unit: Millions of yen) FY 2020 FY 2021 YoY (amount) YoY (ratio) Current assets 60,770 63,537 +2,767 +4.6% (Cash and deposits) (15,301) (18,701) (+3,399) (+
Slide 12: Corporate Outline
Appendix: Corporate Outline Since commercializing the world's first Fish Finder in 1948, FURUNO has supplied many types of products for the marine electronics market. By using its exclusive knowledge of ultrasonic and electronics technologies, FURUNO has developed a wide array of products that have
Slide 13: FURUNO's Business Fields
Appendix: FURUNO’s Business Fields Automatic GPS/GNSS Identification Disciplined GPS/GNSS System (AIS) Oscillator Displacement Continuous Remote Monitoring Satellite System Communications Meteorological Equipment Monitoring and Analyzing System Wireless LAN Radar Access Point Voyage Data GPS/GNSS Re
Slide 14: FURUNO's Marine Business
Appendix: FURUNO’s Marine Business For Merchant Vessels ECDIS (Electronic Chart Display Satellite Communications Radar and Information System) Equipment For Fishing Vessels Sonar Fish Finder Current Indicator Radiotelephone For Pleasure Boats GPS/WAAS Radar Multi-Function Display Chart Plotter Autop
Slide 15: FURUNO's Industrial Business
Appendix: FURUNO’s Industrial Business PNT ETC2.0 / ETC * ETC, Vehicle GPS / GNSS Management Solution* Chips & Modules Healthcare Clinical Chemistry Analyzer & Reagent Ultrasound Bone Densitometer Wireless LAN Systems Wireless LAN Access Point* Wireless Handheld Terminal* FURUNO ELECTRIC CO., LTD. A