FY2019 Q3 Financial Results Briefing Securities Identification - PowerPoint PPT Presentation

FY2019 Q3 Financial Results Briefing （ Securities Identification Code: 6787 ）

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 historical facts, rather they represent assumptions and beliefs based on comprehensive data currently available. Furthermore, the Printed Circuit Board business is subject to a number of risks and uncertainties that relate to raw material price, conditions of customers’ market, technological trends, change of foreign exchange , change of tax rules and regulations, disasters, international conflicts and other factors. Meiko therefore wishes to caution that actual results may differ materially from our expectations.

FY2019 Q3 Consolidated Business Performance （ 100 million yen ） Year-on-year FY2018Q3 FY2019Q3 performance performance Increase % 916 898 N e t s a l e s -18 -1.9% 83 50 -33 -39.9% Operating income 9.0% 5.5% 83 49 -34 -41.5% Ordinary income 9.1% 5.4% 68 40 Net income -28 -40.4% 7.4% 4.5% Average Exchange rate 111.29 108.88 （ Y e n / U S D ） 2

Net sales, Operating income （ 100 million yen ） Operating Operating Operating Net Sales Net sales income income Margin 40 300 315 307 303 299 298 292 30 280 32 277 274 273 255 252 250 234 26 223 200 25 24 20 19 10.1% 17 17 17 17 16 16 15 15 8.7% 8.5% 100 8.2% 10 7.4% 6.8% 6.0% 6.5% 6.2% 9 5.9% 5.9% 5.7% 5.1% 7 4.2% 2.5% 0 0 16Q1 16Q2 16Q3 16Q4 17Q1 17Q2 17Q3 17Q4 18Q1 18Q2 18Q3 18Q4 19Q1 19Q2 19Q3 3

FY2019 Q3 Product Revenue （ 100 million yen ） FY2018 Q2 FY2019 Q2 Difference Operating Operating Operating Sales i n c o m e i n c o m e i n c o m e Sales Sales % % % % 32 24 -5 -8 415 410 Automotive 7.7% 5.9% -1.2% -25.0% 38 19 -51 -19 259 208 Smartphone 14.7% 9.1% -19.7% -50.0% 13 7 38 -6 242 280 Others 5.4% 2.5% 15.7% -46.2% 83 50 -18 -33 916 898 Total 9.0% 5.5% -1.9% -39.9% 4

Analysis of operating income change FY2018 Q3 ➡ FY2019 Q3 （ 100 million yen ） Sales Variable cost SG&A Exchange Rate Fixed cost FY2018Q3 performance FY2019Q3 performance Exchange Rate 111.29 円 /us$ Exchange Rate 108.88 円 /us$ 5

FY2019 Q3 Sales Performance by Product Application （ 100 million yen ） Automotive Smartphone Storage Office equipment Digital home appliance Industrial equipment Amusement IoT EMS 12 52 (1.3%) (5.8%) FY2019 898 33 410 208 19 81 Q3 (9.0%) (3.7%) (2.1%) (45.6%) (23.2%) 40 43 (4.5%) (4.8%) -5 -51 -18 ＋ 38 (-19.7%) (-1.9%) (-1.2%) (15.7%) 16 34 (3.7%) (1.7%) FY2018 916 11 36 415 259 54 Q3 (1.2%) (5.9%) (3.9%) (28.3 ％ ) (45.4%) 42 49 (4.6%) (5.3%) 0 200 400 600 800 6

FY2019 Q3 Sales Performance by Product Specification （ 100 million yen ） Double-sided PCB Four-layer PCB Six layers or more HDI PCB High Dissipation PCB Flexible PCB EMS 13 (1.4%) FY2019 898 81 52 204 170 366 Q3 (9.0%) (5.8%) (18.9%) (40.8%) (22.8%) 12 (1.3%) +2 +27 -18 -26 -15 (1.2%) (50.0%) (-1.9%) (-11.3%) (-3.9%) 12 (1.3%) FY2018 916 58 230 168 381 54 Q3 (25.2%) (18.3%) (6.3%) (41.6%) (5.9%) 13 (1.4%) 0 200 400 600 800 7