May 23, 2 2019 https://www.ohashi.co.jp Consolidated Income - PowerPoint PPT Presentation

May 23, 2 2019 https://www.ohashi.co.jp

Consolidated Income Statement Change Change(%) FY 2019 FY 2018 Net sales 39,457 38,974 483 483 101.2% Operating income 4,076 4,219 △ 143 96.6% Ordinary income 4,195 4,306 △ 111 97.4% Net income 2,956 3,065 △ 109 96.4% yen 96.6% Net income per share 199.02 206.13 △ 7.11 yen Exchange rate（average） 110.43 112.19 USDJPY Yen up by 1.76 yen CNYJPY 16.72 16.63 Yen down by 0.09 yen THBJPY 3.42 3.31 Yen down by 0.11 yen 147.48 144.51 GBPJPY Yen down by 2.97 yen 5.75 5.94 MXNJPY Yen up by 0.19 yen 3.66 3.68 TWDJPY Yen up by 0.02 yen OHASHI TECHNICA INC. 2 2

An Analys ysis is of Net Sa Sales ¥ million by Re Regional nal Se Segment nt +483 +483 △ 348 +867 △ 190 +183 △ 29 North Asean Europe China America Japan \ million FY2018 FY2019 Change Change（％） 22,230 21,363 867 104.1% Japan 38,974 39,457 7,925 8,273 △ 348 95.8% North America 4,520 4,549 △ 29 99.4% China 2,931 2,748 183 106.7% Asean 1,848 2,039 △ 190 90.6% Europe 39,457 38,974 483 101.2% Total ※Geographicl Sales are sales to extemal custmers FY 2019 FY 2018 OHASHI TECHNICA INC. 3

Analysis of Net Sales by Products Segment ¥ million △ 523 +1,014 △ 30 +22 Automotive Other Effect of （ Overseas ） exchange rate Automotive change （ Internal ） 39,457 38,974 483 ¥ millions FY2019 FY2018 OHASHI TECHNICA INC. 4

Analysis of Operating Income ¥ million by Regional Segment △ 143 △ 218 +58 Japan △ 25 +13 +104 △ 3 △ 72 Europe North Consolidated Taiwan America Adjustment Asean China \ million 4,076 FY2019 FY2018 Change Change（％） 4,219 2,012 1,953 58 103.0% Japan 864 864 1,082 △ 218 79.9% North America 605 605 677 677 △ 72 89.4% China Asean 466 466 362 362 104 128.9% 62 62 88 88 △ 25 70.7% Europe 54 54 40 40 13 133.2% Taiwan Consolidated 10 10 14 14 △ 3 72.6% Adjustment 4,076 4,219 △ 143 96.6% Total FY2018 FY2019 OHASHI TECHNICA INC. 5

Analysis of Operating Income by Products Segment ¥ million +217 △ 274 △ 20 Automotive △ 70 +4 Automotive （ Internal ） Other （ Overseas ） Cost Effect of Improvement exchange rate change 4,21 219 4,076 △ 143 ¥ millions FY2019 FY2018 OHASHI TECHNICA INC. 6

Net Sales ¥ million 12,000 10,000 8,000 6,000 10,003 10,003 9,784 9,784 9,962 9,962 9,921 9,921 9,930 9,930 9,738 9,738 9,581 9,581 9,508 9,508 4,000 2,000 0 '18/3 1 Ｑ '18/3 2 Ｑ '18/3 3 Ｑ '18/3 4 Ｑ '19/3 1 Ｑ '19/3 2 Ｑ '19/3 3 Ｑ '19/3 4 Ｑ Operating Income ¥ million 1,200 1,000 800 1,082 1,082 1,073 1,073 600 1,081 1,081 1,074 1,074 1,038 1,038 1,025 1,025 895 895 400 200 0 '18/3 1 Ｑ '18/3 2 Ｑ '18/3 3 Ｑ '18/3 4 Ｑ '19/3 1 Ｑ '19/3 2 Ｑ '19/3 3 Ｑ '19/3 4 Ｑ OHASHI TECHNICA INC. 7

Balance Sheet March 31, 2018 March 31, 2019 (¥,million) Liabilities Liabilities 11,230 Current 11,459 Current Assets Assets 19,410 33,159 31,945 Net Assets Net Assets 29,293 30,681 Noncurrent Noncurrent Assets Assets 8,807 8,753 Shareholders equity per total assets Shareholders equity per total assets （ 70.9 ％） （ 72.2 ％） Total assets Total assets 41,912 ¥ millions +403 40,752 ¥ millions 1,159 OHASHI TECHNICA INC. 8

Cash Flows (¥,million) +4,003 △ 1,189 △ 833 △ 345 Effect of exchange rate change 19,9 ,969 69 18,3 ,333 33 1,635 ¥ millions End of the year Biginning of the year OHASHI TECHNICA INC. 9

Capital Expenditures,Depreciation,R&D Expenses ￥ million Fiscal 2020 FY2019 FY2018 Change(%) (forecast) Capital 573 844 67.9% 1,000 Expenditures 785 823 95.4% 900 Depreciation 42 47 89.4% 70 R&D Expenses Capital Expenditures ￥ million 1200 1000 800 600 1,000 844 400 573 200 0 FY2020 FY2019 FY2018 （ Forecast ） OHASHI TECHNICA INC. 10

Main Customer FY 2017 FY 2018 FY 2019 Ranking 1 Hino Motors., Ltd. Hino Motors., Ltd. Hino Motors., Ltd. 2 Honda Motor Co., Ltd. Honda Motor Co., Ltd. Honda Motor Co., Ltd. 3 ISUZU MOTORS LIMITED ISUZU MOTORS LIMITED TOYOTA MOTOR CORPORATION TOYOTA MOTOR CORPORATION TOYOTA MOTOR CORPORATION 4 ISUZU MOTORS LIMITED 5 Denso Corporation AISIN AW CO., LTD. AISIN AW CO., LTD. 6 Nissan Motor Co., Ltd. Nissan Motor Co., Ltd. Nissan Motor Co., Ltd. 7 Takebe Co., Ltd. Takebe Co., Ltd. Takebe Co., Ltd. 8 AISIN AW CO., LTD. Denso Corporation MITSUBISHI ELECTRIC 9 MITSUBISHI ELECTRIC MITSUBISHI ELECTRIC Denso Corporation 10 MITSUBISHI FUSO TRUCK & BUS CORPORATION MITSUBISHI FUSO TRUCK & BUS CORPORATION MITSUBISHI FUSO TRUCK & BUS CORPORATION OHASHI TECHNICA INC. 11

Fiscal 2020 (Forecast) \,million Fiscal 2020 Change Change(%) Fiscal 2019 (Forecast) Net sales 40,000 39,457 543 543 101.4% Operating income 4,100 4,076 24 24 100.6% Ordinary income 4,200 4,195 5 100.1% Net income 3,000 2,956 44 44 101.5% 203.44 199.02 4.42 102.2% Net income per share Exchange rate（average） yen Fiscal 2020 Fiscal 2019 Change (Forecast) USDJPY 110.00 110.43 Yen up by 0.43 yen CNYJPY 16.50 16.72 Yen up by 0.22 yen THBJPY 3.50 3.42 Yen down by 0.08 yen GBPJPY 145.00 147.48 Yen up by 2.48 yen MXNJPY 5.80 5.75 Yen down by 0.05 yen TWDJPY 3.60 3.66 Yen up by 0.06 yen 12 OHASHI TECHNICA INC.