Taiyo Yuden Co., Ltd. · TSE:6976

Taiyo Yuden — FY2020 Earnings Presentation

20 slides from Taiyo Yuden's earnings presentation, May 13, 2021

  1. Slide 1: Consolidated Financial Results

    Consolidated Financial Results Year ended March 31, 2021 Katsuya Sase Chief of Management Planning Headquarters May 13, 2021 ©TAIYO YUDEN 2017

  2. Slide 2: Financial Summary

    Financial Summary FYE March 2021  Net sales increased 7% Y/Y to ¥300.9 billion, and operating income increased 10% to ¥40.8 billion, resulting in revenue and profit growth.  Sales of capacitors rose 11% Y/Y. Sales increased for a wide variety of applications, primarily for use in automobiles. Sale

  3. Slide 3: Impact of COVID-19

    Impact of COVID-19 The impact on TAIYO YUDEN’s business activities has practically disappeared. (as of May 13). Sales We are closely monitoring production trends at client companies and final demand for equipment, etc. No impact. There were some problems with procurement from Procurement suppliers,

  4. Slide 4: Summary of Consolidated Financial Results (Y/Y)

    Summary of Consolidated Financial Results (Y/Y) ¥ in million FYE Mar 31, 2020 FYE Mar 31, 2021 Change Y/Y (01 Apr 2019 – 31 Mar 2020) (01 Apr 2020 – 31 Mar 2021) Net sales 282,329 100.0% 300,920 100.0% 18,591 6.6% Operating income 37,176 13.2% 40,766 13.5% 3,590 9.7% Ordinary income 35,165 12.5% 41,

  5. Slide 5: Factors behind Operating Income in FYE March 2021

    Factors behind Operating Income in FYE March 2021 Operating income Effect from Operating income capacity (FYE Mar 2021) (FYE Mar 2020) utilization 40.8 37.2 +36.7 Effect from cost reductions Others +3.5 +2.1 (3.6) (9.2) Currency Changes fluctuations in fixed costs (25.9) Impact of selling price ©TAI

  6. Slide 6: Financial Results by Product Classification (Y/Y)

    Financial Results by Product Classification (Y/Y) ¥ in million FYE Mar 31, 2020 FYE Mar 31, 2021 Change Y/Y Capacitors 176,457 62.5% 195,198 64.9% 18,740 10.6% Ferrite and applied products 38,770 13.7% 41,564 13.8% 2,793 7.2% Integrated modules & devices 49,808 17.6% 46,930 15.6% (2,877) (5.8)% Othe

  7. Slide 7: Financial Results by Product Classification (Y/Y)

    Financial Results by Product Classification (Y/Y) (¥ in billion) ■ Capacitors （+10.6%） Sales increased for automobiles where use of electronic components is increasing. Sales for use in consumer products, such as games, information equipment, such as notebook PCs, and IT infrastructure/industrial eq

  8. Slide 8: Sales by Market Sector

    Sales by Market Sector * Estimated by the Company ©TAIYO YUDEN 2017 8 Composition of sales classified by market sector was 24% for use in IT infrastructure/industrial equipment and 19% for use in automobiles, both up 1 percentage point Y/Y. Although automobile production volume decreased due to the

  9. Slide 9: Forecast of Consolidated Performance

    Forecast of Consolidated Performance Year ending March 31, 2022 ©TAIYO YUDEN 2017

  10. Slide 10: Full-Year Forecast

    Full-Year Forecast FYE Mar 31, 2022 ¥ in million FYE Mar 31, 2021 Change Forecast Net sales 300,920 100.0% 328,000 100.0% 27,080 9.0% Operating income 40,766 13.5% 47,000 14.3% 6,234 15.3% Ordinary income 41,247 13.7% 45,000 13.7% 3,753 9.1% Net income attributable to owners of the parent 28,615 9.5

  11. Slide 11: Factors behind Operating Income in FYE March 2022

    Factors behind Operating Income in FYE March 2022 Operating income Effect from (FYE Mar 2022) capacity Operating income Forecast utilization (FYE Mar 2021) 47.0 +44.4 40.8 Effect from cost reductions +4.0 (1.2) (2.1) Currency Others fluctuations (14.1) Changes in (24.8) fixed costs Impact of selling

  12. Slide 12: Full-Year Forecast by Product Classification

    Full-Year Forecast by Product Classification FYE Mar 31, 2022 ¥ in million FYE Mar 31, 2021 Change Forecast Capacitors 195,198 64.9% 218,000 66.5% 22,802 11.7% Inductors * 41,564 13.8% 42,000 12.8% 436 1.0% Integrated modules & devices 46,930 15.6% 49,000 14.9% 2,070 4.4% Others 17,227 5.7% 19,000 5

  13. Slide 13: Supplementary Information

    Supplementary Information ©TAIYO YUDEN 2017

  14. Slide 14: Consolidated Earnings Trends (Half Yearly)

    Consolidated Earnings Trends (Half Yearly) FYE Mar 31, 2022 FYE Mar 31, 2020 FYE Mar 31, 2021 ¥ in million Forecast 1H 2H 1H 2H 1H 2H Net sales 141,908 140,420 140,222 160,698 170,000 158,000 Capacitors 87,812 88,645 92,672 102,526 111,000 107,000 Ferrite and applied products 19,376 19,393 18,831 22

  15. Slide 15: Consolidated Earnings Trends (Quarterly)

    Consolidated Earnings Trends (Quarterly) FYE Mar 31, 2020 FYE Mar 31, 2021 ¥ in million 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Net sales 68,635 73,272 72,187 68,233 60,493 79,728 81,226 79,471 Capacitors 43,338 44,473 44,907 43,738 40,075 52,596 51,895 50,630 Ferrite and applied 8,633 10,742 10,303 9,090 7,928 10,

  16. Slide 16: Consolidated Earnings Trends (Quarterly)

    Consolidated Earnings Trends (Quarterly) Net sales ©TAIYO YUDEN 2017 16

  17. Slide 17: Orders Received and Order Backlog Trends (Quarterly)

    Orders Received and Order Backlog Trends (Quarterly) (¥ in billion) ■ Capacitors ■ Ferrite and applied products ■ Integrated modules & devices ■ Others ©TAIYO YUDEN 2017 17

  18. Slide 18: Consolidated Financial Condition

    Consolidated Financial Condition ©TAIYO YUDEN 2017 18

  19. Slide 19: Forward-looking statements

    Forward-looking statements This document contains information about the plans, business results, and strategies of TAIYO YUDEN CO., LTD. and the TAIYO YUDEN Group. These forward-looking statements other than historical facts represent judgments made by the Company based on information available at p

  20. Slide 20: ©TAIYO YUDEN 2017

    @©TAIYO YUDEN 2017 TAIYO YUDEN

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