Presentation Transcripts
Latest Update : May 27, 2020
Back to Financial Results (FY3/2020)
Investor Meeting Presentation for FY 3/2020 held on May 8, 2020
- Cover
- Today's Agenda
- Financial Results
- Summary of Consolidated Business Results
- Summary of Consolidated Business Results for 4Q
- Net Sales, Operating Income/margin Yearly
- Net Sales, Operating Income/margin Quarterly
- 4Q Actual: Differences from the Forecast as of February
- Machined Components Yearly
- Machined Components Quarterly
- Electronic Devices & Components Yearly
- Electronic Devices & Components Quarterly
- Mitsumi Business Yearly
- Mitsumi Business Quarterly
- U-Shin Business Yearly
- U-Shin Business Quarterly
- Profit attributable to owners of the parent / EPS Yearly
- Profit attributable to owners of the parent / EPS Quarterly
- Inventory
- Net interest-bearing debt / Free cash flow
- Forecast for Fiscal Year Ending March 31, 2021
- Forecast for Business Segment
- Management Policy & Business Strategy
- Summary of FY3/20 "Net Sales Hit Record Highs"
- Key Points of FY3/21 Plan
- Image of Operating Income for FY3/21
- OP Rank within Electronic Component Sector
- Impact from the Novel Coronavirus
- Mid-term Business Plan Targets
- Machined Components Targets
- Electronic Devices and Components Targets
- Mitsumi Business Targets
- U-Shin Business Targets
- Acquisition of All Shares of ABLIC Inc.
- Focused Development Field
- Building the Strongest Domestic Association
- Ranking Changed in Eight Spears Strategy
- Our Response to the Novel Coronavirus
- Use of FCF and Shareholder Returns
- Dividend Forecast
- Forward-looking Statements
- Reference
Quarterly trends in the electronic device & components segment.
Net sales decreased 20.1% quarter on quarter to hit 89.0 billion yen.
Looking at the results by product, we see that sales of motors decreased 7.0% quarter on quarter to reach 42.7 billion yen while sales of electronic devices decreased 32.5% from the previous quarter to total 37.7 billion yen. This was because some shipments were delayed due to the novel coronavirus although the demand was stronger than usual seasonality thanks to strong sales of major customers' models using LED backlights. Net sales of sensing devices totaled 7.5 billion yen, decreasing 13.2% quarter on quarter.
Operating income hit 2.7 billion yen to put the operating margin at 3.0%. Operating income decreased 69.1% and the operating margin declined 4.9 percentage points quarter on quarter.
Looking at the results by product, we see that operating income was down quarter on quarter for electronic devices as well as motors and sensing devices.
12page (total 45pages)
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