Meiko Electronics Co., Ltd. · TSE:6787
Meiko Electronics — Q2 FY2021 Earnings Presentation
8 slides from Meiko Electronics's earnings presentation, Nov 5, 2021
Slide 1: FY2021 Q2 Financial Results Briefing
FY2021 Q2 Financial Results Briefing November 5, 2021 （Securities Identification Code: 6787）
Slide 2: Forward-looking statements disclaimer
This presentation contains forward-looking statements concerning Meiko Group’s future plans, strategies and performance. However, Meiko does not publish this presentation as a disclosure document based on the Financial Instruments and Exchange Act of Japan. These forward-looking statements are not h
Slide 3: 1st Half Results and Full-Year Outlook FY2021 - Consolidated
1st Half Results and Full-Year Outlook FY2021- Consolidated （100 million yen) Year-on-year FY20 1st half FY21 1st half FY21 2 nd half FY21 full-year results results Diff. % forecast forecast Net sales 532 695 163 30.5% 755 1,450 Operating i n c o m e 18 55 37 205.8% 65 120 3.4% 8.0% 8.6% 8.3% Ordina
Slide 4: Net Sales and Operating Income Trend
Net Sales and Operating Income Trend （ 100 million yen ） Operating Operating Net sales Margin income (Total) 755 695 661 618 591 571 564 553 9.2% 8.6% 532 532 8.0% 65 502 474 479 7.3% 7.3% 457 57 6.5% 55 6.2% 5.7% 5.8% 5.7% 5.8% 49 39 36 32 34 31 3.4% 27 27 3.2% 18 18 6 1.2% FY15 1ST FY15 2ND FY16 1
Slide 5: 1st Half Results and Full-Year Outlook FY2021 (Breakdown by Product Application)
1st Half Results and Full-Year Outlook FY2021- Consolidated (Breakdown by Product Application) （ 100 million yen ） FY2020 FY2021 Year-on- FY21 2nd half FY20 full-year 1st Half Result 1st Half Result year forecast forecast Operating Operating Operating Operating Net Sales income Net Sales income Diff
Slide 6: Analysis of operating profit change FY20 1st half to FY21 1st half
Analysis of operating profit change FY20 1st half➡ FY21 1st half (100 million yen) Variable Sales cost Labor cost Energy Other costs fixed costs Depreciation SG&A expenses Operating Profit Operating Profit FY2020 1st half results FY2021 1st half results FX: JPY106.30/USD FX: JPY110.12/USD 5
Slide 7: Net Sales by Product Application
Net Sales by Product Application （100 million yen ） Automotive Smartphones/Tablets AI appliances/IoT Amusement Storage Office equipment Digital home appliances Other substrates EMS (1.3%) (0.8%) 10 6 FY2021 2nd Half Forecast (48.1%) 363 (21.7%) 164 (6.1%) 46 (1.9%) 14 (10.3%) 78 755 (3.4%) (6.4%) +1
Slide 8: Net Sales by Product Specification
Net Sales by Product Specification （ 100 million yen ） Double-sided PCB Four-layerPCB Six layers or more HDI PCB High Dissipation PCB Flexible PCB Other substrates EMS (1.2%) FY2021 2nd 9 (3.2%) (20.0%) (20.8%) (41.7%) 755 (2.1%) Half Forecast 24 151 157 315 16 (10.3%) (0.7%) +1 +13 +32 5 78 +25 +60