Slide 1: 1H FY2018 Financial Results
CMK CORPORATION （Stock code：6958） 1H FY2018 Financial Results (presentation material) Nov 13, 2018 CMK CORPORATION 1
Slide 2: Contents
Contents １．Consolidated financial results for 1H FY2018 ２．Trends of Automotive market and Our business overview ３． Supplementary material 2
Slide 3: Consolidated financial results for 1H FY2018
１．Consolidated financial results for 1H FY2018 3
Slide 4: Key points of 1H FY2018 Financial results
Consolidated financial results for 1H FY2018 ①Key points of 1H FY2018 Financial results （Billions of yen） 50 3,000 Orders of our key products, PWBs for 44.7 41.9 automotive use remained strong by the progress of automotive electrification 40 35.7 2.1 2,000 Profitability improved steadily, as a r
Slide 5: Consolidated Income statement
Consolidated financial results for 1H FY2018 ②Consolidated Income statement （Billions of yen） 1H FY2017 1H FY2018 YoY Results Results Change % Net sales 41.9 44.7 +2.7 +6.6% Operating income 2.1 1.7 -0.3 -16.2% Operating margin 5.1% 4.0% -1.1% Ordinary income 1.9 1.8 -0.1 -9.0% Profit attributable t
Slide 6: Sales by application
Consolidated financial results for 1H FY2018 ③ Sales by application （Billions of yen） AV equipment Digital still camera Car electronics Mobile communications Amusement Others 1H FY2018 0.8 (Results) 33.4 1.3 0.5 1.0 7.6 44.7 AV equipment Digital still camera Mobile communications Amusement Others Ca
Slide 7: Analysis of changes in operating income
Consolidated financial results for 1H FY2018 ④Analysis of changes in operating income Increased （Billions of yen） Exchange productivity fluctuation Profit increase due to sales growth 0.3 Decreased sales prices ▲0.7 and increased procurement cost etc. 0.8 ▲0.8 2.1 1.8 0.0 1H FY2018 1H FY2018 Operati
Slide 8: Changes in exchange rate
Consolidated financial results for 1H FY2018 ⑤Changes in exchange rate Overseas 3Q 7 Consolidated 35 fiscal year (Operating income increase) (Operating income increase) 6.9 34.5 USD/RMB Weak RMB Weak THB （Left-axis） 6.8 34 6.7 33.5 USD/THB 6.6 （Right-axis） 33 FY2018 (Operating income decrease) (Oper
Slide 9: Changes in quarterly operating income
Consolidated financial results for 1H FY2018 ⑥Changes in quarterly operating income （Billions of yen） Japan ：Downsizing of production sites Japan ：Productivity enhancement Overseas： Productivity enhancement Overseas：Enhancement of production Overseas：Enhancement of production capacity in Exchange Pr
Slide 10: Consolidated Income Statement (FY2018 forecast)
Consolidated financial results for 1H FY2018 ⑦Consolidated Income Statement （Billions of yen） YoY FY2017 FY2018 Results Forecast Change % Net sales 86.8 90.0 +3.1 +3.6% Operating income 4.2 4.0 -0.2 -6.2% Operating margin 4.9% 4.4% -0.5% Ordinary income 3.9 3.7 -0.2 -5.5% Profit attributable to owne
Slide 11: Trends of Automotive market and Our business overview
２．Trends of Automotive market and Our business overview 11
Slide 12: Automotive market: Growing needs for HDI PWBs
Trends of Automotive market and Our business overview ①Automotive market：Growing needs for HDI PWBs Progress of automotive electrification ・ ADAS(Advanced Driving Control System), Autonomous driving ・ Electric motorization(HV/PHV/EV) 【”High density” images】 ・ Connected car ・ Climate control system H
Slide 13: Automotive market: High-spec Powertrain and Driving control and Safety
Trends of Automotive market and Our business overview ② Automotive market ：High-spec Powertrain and Driving control and Safety Driving control Market growth Powertrain and safety Strengthening of fuel Powertrain Safety measure efficiency regulation Driving control and Safety Required quality Technol
Slide 14: Enhancing production capacity in overseas factories
Trends of Automotive market and Our business overview ③Our business overview：Enhancing production capacity in overseas factories CMK electronics(Wuxi)co., ltd. （HDI） CMKC (SHENZHEN), LTD. CMK electronics(Wuxi)co., ltd. China Shenzhen／Wuxi／ Capital investment is in progress to enhance Belgium Geel Ch
Slide 15: Technology roadmaps
Trends of Automotive market and Our business overview ④Our business overview： Technology roadmaps We will progress our developments in the fields high quality and high reliability required. Application for PWB automotive use Main products requirement 2019 2020 After 2021 Market needs Down ・Down-size
Slide 16: Supplementary material
３．Supplementary material 16
Slide 17: Sales by application
Supplementary material ①Sales by application （Billions of yen） 1H FY2017 1H FY2018 YoY FY2018 Results Results Change Forecast Car electronics 29.8 33.4 +3.5 67.7 Mobile communications 1.4 1.3 -0.1 2.4 AV equipment 0.4 0.5 +0.1 1.2 Digital still camera 1.1 0.8 -0.2 1.9 Amusement 1.4 1.0 -0.3 3.5 Othe
Slide 18: Sales by type of PWBs
Supplementary material ② Sales by type of PWBs （Billions of yen） 1H FY2017 1H FY2018 YoY FY2018 Results Results Change Forecast HDI PWBs 12.9 13.8 +0.8 30.4 Multilayered PWBs 17.7 19.5 +1.8 39.2 Double-sided PWBs 7.6 7.5 -0 14.9 Others 3.6 3.8 +0.1 5.3 Total 41.9 44.7 +2.7 90.0 18
Slide 19: Financial results by region
Supplementary material ③Financial results by region （Billions of yen） 1H FY2017 1H FY2018 YoY FY2018 Results Results Change Forecast Operating Operating Operating Operating Sales Sales Sales Sales income income income income Japan 26.0 1.2 26.9 1.4 +0.8 +0.1 50.7 1.9 China 14.1 0.6 14.3 0.1 +0.2 -0.
Slide 20: Capital investment
Supplementary material ④Capital investment （Billions of yen） 1H FY2017 1H FY2018 YoY FY2018 Results Results Change Forecast Japan 0.7 0.5 -0.1 2.8 Overseas 3.3 1.7 -1.6 7.1 Consolidated 4.0 2.2 -1.8 10.0 Depreciation cost 1.9 2.1 +0.1 4.6 20
Slide 21: 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 21