Cmk Corporation · TSE:6958
Cmk — H1 FY2020 Earnings Presentation
24 slides from Cmk's earnings presentation, Nov 20, 2020
Slide 1: 1H FY2020 Financial Results (presentation material)
CMK CORPORATION （Stock code: 6958） 1H FY2020 Financial Results (presentation material) November 20, 2020 CMK CORPORATION 1
Slide 2: Contents
Contents 1. Consolidated financial results for 1H FY2020 2. Consolidated financial forecast for FY2020 and our initiatives 3. Supplementary information 2
Slide 3: 1. Consolidated financial results for 1H FY2020
1. Consolidated financial results for 1H FY2020 3
Slide 4: Key points of 1H FY2020 Financial results
Consolidated financial results for 1H FY2020 ①Key points of 1H FY2020 Financial results (Billions of yen) 50000 44.7 42.9 40000 1.7 32.1 30000 Net sales declined due to the decrease in global automobile production and 20000 0.7 sales by the impact of COVID-19. 10000 Despite efforts to reduce the
Slide 5: Consolidated financial Results
Consolidated financial results for 1H FY2020 ②Consolidated financial Results （Billions of yen） 1H FY2019 1H FY2020 YoY Results Results Change % Net sales 42.9 32.1 -10.8 -25.3％ Operating income 0.7 -1.5 -2.2 - Operating margin 1.7％ - - - Ordinary income 0.7 -1.4 -2.2 - Profit attributable to owners
Slide 6: Sales by product
Consolidated financial results for 1H FY2020 ③Sales by product （Billions of yen） AV equipment Digital still camera Mobile communications Amusement Others 1H 0.4 0.1 FY2020 12.9 8.5 3.8 0.2 5.4 32.1 0.3 Results AV equipment Digital still camera Car Electronics 25.4 Mobile communications Amusement Oth
Slide 7: Analysis of changes in operating income
Consolidated financial results for 1H FY2020 ④Analysis of changes in operating income （Billions of yen） 7.1Decreased in profit due to the sales decline 0.7 Decreased sales prices and Exchange rate increased procurement cost -1.5 ▲4.0 Improved productivity fluctuation -15.6 etc. Streamlining of 0.2 b
Slide 8: Booking trends in the first half
Consolidated financial results for 1H FY2020 ⑤Booking trends in the first half The index of global booking The impact on production due to a Booking is expressed as 100 (Before COVID-19 from Jan to Feb) sharp drop in booking 100 100 Fiscal year 90 90 1Q 2Q 3Q 75 Consolidated Apr-Jun Jul-Sep Oct-Dec
Slide 9: Changes in quarterly sales and operating income
Consolidated financial results for 1H FY2020 ⑥Changes in quarterly sales and operating income Changes in quarterly sales （Billions of yen） FY2019 FY2020 1Q 2Q 3Q 4Q 1Q 2Q Japan 12.5 12.7 12.0 11.0 9.4 10.7 (Apr-Jun) (Jul-Sep) Overseas 14.6 15.3 14.9 14.2 12.4 9.8 (Jan-Mar) (Apr-Jun) Total 27.3 27.9
Slide 10: 2. Consolidated financial forecast for FY2020 and our initiatives
2．Consolidated financial forecast for FY2020 and our initiatives 10
Slide 11: Consolidated financial Results (FY2020 forecast)
Consolidated financial forecast for FY2020 and our initiatives ①Consolidated financial Results （Billions of yen） FY2019 FY2020 YoY Results Forecast Change % Net sales 82.6 68.5 -14.1 -17.1% Operating income 1.6 -1.5 -3.1 - Operating margin 1.9％ - - - Ordinary income 0.7 -1.4 -2.1 - Profit attributab
Slide 12: Consolidated financial Results and Forecast
Consolidated financial forecast for FY2020 and our initiatives ②Consolidated financial Results and Forecast （Billions of yen） 1H FY2020 2H FY2020 YoY Results Forecast Change % Net sales 32.1 36.4 +4.3 +13.4% Operating income -1.5 0 +1.6 - Operating margin - 0.2％ - - Ordinary income -1.4 0 +1.5 - Pro
Slide 13: Sales by product
Consolidated financial forecast for FY2020 and our initiatives ③Sales by product （Billions of yen） AV equipment Digital still camera Mobile communications Amusement Others 1.0 0.1 FY2020 30.2 16.4 8.1 0.4 11.2 68.5 Forecast 0.6 Car Electronics 54.8 AV equipment Mobile communications Digital still ca
Slide 14: Analysis of changes in operating income
Consolidated financial forecast for FY2020 and our initiatives ④Analysis of changes in operating income （Billions of yen） Decreased in profit due to the sales decline 7.1 1.6 ▲6.0 Decreased sales prices and Exchange rate increased procurement fluctuation cost etc. -1.5 Streamlining of Improved produ
Slide 15: Initiatives in Existing Business Areas
Consolidated financial forecast for FY2020 and our initiatives ⑤Initiatives in Existing Business Areas Business area with competitive advantage in the application of automotive products︓ Market growth Powertrain Driving control and Safety Powertrain Required quality reliability ◎Engine Management Sy
Slide 16: Expansion from existing business areas
Consolidated financial forecast for FY2020 and our initiatives ⑥Expansion from existing business areas (Automobiles enter the CASE Phase) C Connected Autonomous A Integration with 5G communications Automated operation through information gathering ・Communication Module (Cellular) ・Camera Module and
Slide 17: Investment in new business areas
Consolidated financial forecast for FY2020 and our initiatives ⑦Investment in new business areas 【investment summary】 Objective: To establish the component technologies required for high speed large capacity PCB under the circumstances of 5G penetration. Amount : Approximately 2.0 billions of yen (
Slide 18: Technology roadmaps
Consolidated financial forecast for FY2020 and our initiatives ⑧Technology roadmaps In response to CASE, including 5G communications, the use of multilayer/high multilayer HDI will advance, and demands for high functionality and high reliability will increase. Application for Market needs PCB Main p
Slide 19: 3. Supplementary information
３．Supplementary information 19
Slide 20: Sales by product
Supplementary information ①Sales by product （Billions of yen） 1H FY2019 1H FY2020 YoY FY2020 Results Results Change Forecast Car electronics 35.1 25.4 -9.7 54.8 Mobile communications 0.4 0.4 -0 1.0 AV equipment 0.4 0.2 -0.2 0.4 Digital still camera 0.6 0.3 -0.3 0.6 Amusement 0.1 0.1 -0 0.1 Others 6.
Slide 21: Sales by type of PWBs
Supplementary information ②Sales by type of PWBs （Billions of yen） 1H FY2019 1H FY2020 YoY FY2020 Results Results Change Forecast HDI PWBs 11.3 8.3 -2.9 17.8 Multilayered PWBs 22.0 16.3 -5.7 34.7 Double-sided PWBs 6.7 4.7 -2.0 9.9 Others 2.8 2.6 -0.1 6.0 Total 42.9 32.1 -10.8 68.5 21
Slide 22: Financial results by region
Supplementary information ③Financial results by region （Billions of yen） 1H FY2019 1H FY2020 YoY FY2020 Results Results Change Forecast Operating Operating Operating Operating Sales Sales Sales Sales income income income income Japan 25.2 0.2 20.1 -1.2 -5.1 -1.5 43.3 -0.9 China 14.5 0.7 10.7 0.3 -3.
Slide 23: Capital investment
Supplementary information ④Capital investment （Billions of yen） 1H FY2019 1H FY2020 YoY FY2020 Results Results Change Forecast Japan 0.5 0.3 -0.2 2.1 Overseas 5.1 0.9 -4.1 2.0 Consolidated 5.7 1.3 -4.3 4.2 Depreciation cost 2.2 2.2 -0 4.5 23
Slide 24: END
Future-related information and descriptions in this material are just forward-looking statements and not guarantees for future achievements (Amounts are rounded, and % is rounded to one decimal place.) END 24