Nisshinbo Holdings Inc. · TSE:3105
Nisshinbo — FY2024 2Q Earnings Presentation
36 slides from Nisshinbo's earnings presentation, Aug 7, 2024
Slide 1: Financial Results for FY2024 2Q
Financial Results for FY2024 2Q August 7, 2024 Nisshinbo Holdings Inc.
Slide 2: Agenda
1. FY2024 2Q Results Overview 2. Sales and Operating Income by Segment 3. Hitachi Kokusai Electric Inc. Business Introduction The earnings forecasts contained in this document are based on the Company's judgments in accordance with the information currently available and do not constitute a promise
Slide 3: Financial Highlights (y/y)
1. FY2024 2Q Results Overview Financial Highlights (y/y) （mil. yen） FY2023 FY2024 Change FY2024 2Q 2Q rate FC Net sales 269,367 240,022 -29,345 ▲10.9% 513,000 Operating income 12,000 6,715 -5,284 ▲44.0% 24,000 Ordinary income 15,771 11,092 -4,679 ▲29.7% 26,000 Net income Attributable to 11,627 8,936
Slide 4: FY2024 2Q Results by segments (y/y)
1. FY2024 2Q Results Overview FY2024 2Q Results by segments (y/y) （mil. yen） FY2023 FY2024 Change 2Q 2Q rate Wireless comms Net Sales 78,414 118,027 +39,613 +50.5% OP 3,753 5,772 +2,019 +53.8% Micro devices Net Sales 39,275 31,132 -8,142 ▲20.7% OP 2,261 -2,747 -5,008 - Brakes Net Sales 86,527 28,761
Slide 5: FY2024 2Q Net sales (y/y)
1. FY2024 2Q Results Overview FY2024 2Q Net sales (y/y) Mil. yen FY2024 2Q Net sales（y/y） 340,000 Hitachi Kokusai Electric Consolidated 320,000 39,613 300,000 -8,142 280,000 Sluggish 269,367 demand 260,000 -57,766 155 240,022 240,000 -825 -300 -188 -1,890 220,000 TMD sold Large-scale projects 200,00
Slide 6: FY2024 2Q Operating profit (y/y)
1. FY2024 2Q Results Overview FY2024 2Q Operating profit (y/y) 16,000 FY2024 2Q Operating profit（y/y） Hitachi Kokusai Electric Consolidated 2,019 14,000 12,000 12,000 10,000 -5,008 43 149 -495 -137 8,000 Sluggish 12 6,715 TMD -1,867 6,000 demand sold Large-scale projects 4,000 in the previous fiscal
Slide 7: FY2024 2Q Wireless & Comms
1. FY2024 2Q Results Overview FY2024 2Q Wireless & Comms Consolidation of Hitachi Kokusai Electric: Sales +36.5 billion yen, Operating income +3.3 billion yen In marine systems, new shipbuilding equipment for merchant vessels, conversion equipment for merchant vessels, and workboat equipment for
Slide 8: FY2024 2Q Micro Devices
1. FY2024 2Q Results Overview FY2024 2Q Micro Devices In-vehicle products: Decreased due to slowing EV market growth Industrial machinery products: Decreased due to inventory adjustments mainly by domestic customers in response to sluggish demand from China Consumer products: Although the smar
Slide 9: FY2024 2Q Brakes, Precision & Instruments
1. FY2024 2Q Results Overview FY2024 2Q Brakes, Precision & Instruments Brakes： Overall brake business sales and income decreased due to the impact of the transfer of the TMD Group. Sales and income increased at bases in Japan, the U.S., and South Korea due to recovery in production by automakers
Slide 10: FY2024 2Q Chemicals, Textiles
1. FY2024 2Q Results Overview FY2024 2Q Chemicals, Textiles Chemicals： Sales and loss of carbon separators for fuel cells increased due to decrease in orders for stationary applications overseas. Sales and earnings of Specialty Chemicals increased due to higher orders for biodegradable resins, wat
Slide 11: Sales and Operating Income by Segment
1. FY2024 2Q Results Overview 2. Sales and Operating Income by Segment 3. Hitachi Kokusai Electric Inc. Business Introduction Financial Results for FY2024 2Q 11
Slide 12: Sales and Operating Income by Segment
2. Sales and Operating Income by Segment Sales and Operating Income by Segment （mil. yen） 当期 FY2023 FY2023 2Q FY2024 2Q Change FY2024FC (Feb. 9) FY2024FC (Aug. 7) Change Segments Subsegments Net sales O.P. Net sales O.P. Net sales O.P. Net sales O.P. Net sales O.P. Net sales O.P. Net sales O.P. Wire
Slide 13: Hitachi Kokusai Electric Inc. Business Introduction
1. FY2024 2Q Results Overview 2. Sales and Operating Income by Segment 3. Hitachi Kokusai Electric Inc. Business Introduction Financial 13 Results for FY2024 2Q 13
Slide 14: Hitachi Kokusai Electric Business Overview
Hitachi Kokusai Electric Business Overview Kaichiro Sakuma Representative Director, President and CEO August 7, 2024 Hitachi Kokusai Electric Inc. Proprietary & Confidential Copyright © Hitachi Kokusai Electric Inc. 2024. All rights reserved. 14 14
Slide 15: Our Position within the Nisshinbo Group
Our Position within the Nisshinbo Group Nisshinbo Group’s Aims = Our Aims Hitachi Kokusai Electric Inc. Proprietary & Confidential 15 Copyright © Hitachi Kokusai Electric Inc. 2024. All rights reserved.
Slide 16: Our Position within the Nisshinbo Group: Our Aims
Our Position within the Nisshinbo Group Our Aims Customers (public) Customers (social infrastructure) Customers (industries) Solving problem and Creating value through Creating safety and security collaboration between Systems (cyber) Systems (cyber space) Analysis and Real Fields (physical space)
Slide 17: Our Position within the Nisshinbo Group
Our Position within the Nisshinbo Group As one of the core companies, we will contribute to the realization of the Group's "goal" for around 2035, with wireless and communications/microdevices businesses accounting for 80% of the total. From 2027 What We Are Medium-Term Aiming For Management Plan 20
Slide 18: The challenge for growth
The challenge for growth Taking on the challenge for growth by developing new businesses and fields Collaborating with customers in fields centered on 5G/AI-related technologies, we aim to discover customer needs, focus on the creation and commercialization of solutions, and work to transform our
Slide 19: Hitachi Kokusai Electric's Four Strong Points in Business
Hitachi Kokusai Electric's Four Strong Points in Business By Leveraging Hitachi Kokusai Electric's strengths, Contributing to the growth of the Nisshinbo Group’s wireless and communications business. i. Promoting the development of products and systems that comply with Hi-MA* ii. One-stop business b
Slide 20: Promoting development of products and systems that comply with Hi-MA
i. Promoting the development of products and systems that comply with Hi-MA Providing total solutions and creating value by utilizing systems compliant with Hi-MA products to meet customer needs. Client Disaster prevention/Fire-fighting/Local government/ Features of Hi-MA Infrastructure/Railway/Tran
Slide 21: ii. One-stop business
ii. One-stop business One-stop and approach to development, production, and maintenance, realizing a one-stop service for the entire Hitachi Kokusai Electric Group Promote optimization of the entire group and provide high-quality manufacturing through a manufacturing system of various solution bus
Slide 22: iii. Promotion of solutions business
iii. Promotion of solutions business Promoting our solutions business with the aim of transforming from products to services, Taking on the challenge of digital transformation Accelerate the shift from ‘Hop and Step’ to ‘Jump’ by promoting ‘triple jump’ operations. New Business (Jump) Leveraging o
Slide 23: iv. Continuous efforts toward structural reform
iv. Continuous efforts toward structural reform Since going private, we have continuously implemented structural reforms to strengthen our business foundation By ‘CC’ and ‘Sabatora’ activities, we have transformed into a sustainable company Through ‘KDE Renaissance’, we challenge ourselves to fu
Slide 24: Wireless and Communications Business Strategy and New R&D Structure
Wireless and Communications Business Strategy and New R&D Structure After working in PMI, we are currently developing a strategy for the Nisshinbo Group's Wireless and Communications business We are also preparing to launch a new R&D structure for the Nisshinbo Group, centered on the Wireless an
Slide 25: Topics
Topics Hitachi Kokusai Electric Inc. Proprietary & Confidential 25 Copyright © Hitachi Kokusai Electric Inc. 2024. All rights reserved.
Slide 26: Topics
Topics Launch of "Disaster Prevention Support Service“ (July 2024) Supports decision-making and information gathering regarding action plans and case information established by local governments, evacuation shelter management, and staff decision-making 住民への安心 を提供 防災業務の支援 を提供 Reduce the burden of
Slide 27: Topics
Topics Smart Factory Solution（April 2024） お客様情報システム We released IT solution with our core competencies of "sensing," "data transmission," and "AI analysis," and are providing solutions that accelerate our customers' digital transformation. For the industrial sector, we are developing smart facto
Slide 28: Hitachi Kokusai Electric
Hitachi Kokusai Electric
Slide 29: Business sectors
Appendix Business sectors - Solutions business (DX Solution/ Core Solution/ Railway Solution) - Product Business - Defense Business Hitachi Kokusai Electric Inc. Proprietary & Confidential 29 Copyright © Hitachi Kokusai Electric Inc. 2024. All rights reserved.
Slide 30: Solutions business – DX Solution
Solutions business – DX Solution Developing business utilizing IT and data, mainly in the industrial sector Focus on creating new businesses through collaboration with customers, primarily in the industrial sector (manufacturing and distribution), and developing a new customer base Manufacturing
Slide 31: Solutions business – Core Solution
Solutions business – Core Solution Develop existing businesses for government agencies, local governments, and private companies We have been providing private wireless and video surveillance systems in the public and social infrastructure sectors for many years. In recent years, we have been work
Slide 32: Solutions business - Railway Solution
Solutions business - Railway Solution Developing wireless communication and surveillance video solutions for railway operators A one-stop business that provides railway operators with products and systems that utilize private wireless, millimeter wave, and video technology, and also supports their
Slide 33: Product Business
Product Business Develop solution core (transmission, sensing, AI analysis) products Development, manufacturing, and sales of our own branded products and systems using wireless, video, and broadcasting technologies Mobile communications: Contract manufacturing of mobile communications parts for
Slide 34: Defense Business
Defense Business Providing equipment suitable for various situations, including environmental resistance and operational status We provide the Ministry of Defense with communication systems used in the Self-Defense Forces' daily activities, avionics such as navigation support systems essential for
Slide 35: Hitachi Kokusai Electric
Hitachi Kokusai Electric
Slide 36: Nisshinbo
NSSHINBO