ULVAC, INC. (July 2022 - September 2022)
Nov. 11, 2022
Breakthrough 2022
Disclaimer regarding forward-looking statements
Forward-looking statements of the company in this presentation are based on information that was available at the time these documents were prepared.
There are several factors that directly or indirectly impact the company performance, such as the global economy; market conditions for FPDs, semiconductors, electronic devices, and raw materials; trends in capital expenditures and fluctuations in exchange rates. Please note that actual business results may differ significantly from these forecasts and future projections.
Note:
This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
© 2022 ULVAC, Inc. | Confidential and Proprietary Information | 2 |
Summary
1. Orders received remained at a high level, with an increase (+37% YoY) in Semiconductor and Electronics, offsetting a reactionary decline in FPDs orders.
Electronics | : Significant increase due to strong orders of power devices, µOLEDs for AR/VR, etc. |
Semiconductors : Steady orders partly due to customer expansion in logic field.
FPDs | : OLED investment continues, despite a reactionary decline in LCD investment. |
2. Both sales and operating profit exceeded the same period of previous year.
(Unit: ¥1 billion) | FY2021 1Q | FY2022 1Q | YoY |
Actual | Actual | ||
Orders Received | 66.3 | 66.6 | +1% |
Net Sales | 47.4 | 56.2 | +18% |
Operating Profit | 3.6 | 5.1 | +43% |
© 2022 ULVAC, Inc. | Confidential and Proprietary Information
Breakthrough 2022 | 3 |
Business results for the first quarter of FY2022
Orders received were at a high level, with growth in Electronics, including power devices, and Components, offsetting a YoY decline in FPDs orders.
Both sales and profit (ratio) exceeded the same period of previous year.
FY2021 | FY2022 | 1Q | |||
1Q | |||||
(Unit: ¥1 billion) | Actual | Actual | YoY | ||
Orders Received | 66.3 | 66.6 | +0.3 | +1% | |
Net Sales | 47.4 | 56.2 | +8.8 | +18% | |
Gross Profit | 13.2 | 16.5 | +3.2 | +24% | |
Gross Profit Margin | 27.9% | 29.3% | +1.4pt | - | |
SG&A | 9.7 | 11.3 | +1.7 | +17% | |
Operating Profit | 3.6 | 5.1 | +1.6 | +43% | |
Operating Profit Margin | 7.5% | 9.1% | +1.6pt | - | |
Profit attributable to | 2.2 | 4.1 | +1.8 | +82% | |
owners of parent | |||||
To net sales ratio | 4.7% | 7.2% | +2.5pt | - | |
Quarterly Net Sales and Operating Profit | (Unit: ¥1 billion) | ||||||
Net Sales | Operating Profit | 75.2 | |||||
58.3 | 60.4 | ||||||
6.2 | |||||||
47.4 | 10.5 | ||||||
7.8 8.1
5.
3.6
1Q | 2Q | 3Q | 4Q | 1Q | |||
FY21 | FY22 |
© 2022 ULVAC, Inc. | Confidential and Proprietary Information
Breakthrough 2022 | 4 |
Orders and Sales both exceeded the same period of previous year
Orders received were at a high level, with growth in Electronics, including power devices, and Components, offsetting a YoY decline in FPDs orders.
Net sales increased YoY in all segments while we are working on the issues such as longer delivery times for parts and materials.
Orders received | (Unit: ¥1 billion) | Net sales | (Unit: ¥1 billion) | |||||||||||
Semiconductor & Electronics | Component | Materials | Semiconductor & Electronics | Component | Materials | |||||||||
Device Production Equipment | Device Production Equipment | |||||||||||||
FPD Production Equipment | Industrial Equipment | Others | FPD Production Equipment | Industrial Equipment | Others | |||||||||
29.3
Logic
21.4Memory
Electronics
Device etc.
Power
Device
FY21 1Q | FY22 1Q | ||||||
FY21 1Q | FY22 1Q | FY21 1Q | FY22 1Q | ||||
Semiconductors & Electronics
Semiconductors
- Steady orders partly due to customer expansion
in logic field.
Electronics
-
Power devices:
Orders increase to 1/3 of Semiconductors and Electronics due to large projects in China, increased investment in Japan, etc. - Optical devices:
Active investment in μOLED for AR/VR (in 1H)
FPDs
- OLED investment continues, despite a reactionary decline in LCD investment which was active in the previous fiscal year.
Components
- Favorable due in part to orders received ahead of schedule as a result of longer delivery times for parts and materials
© 2022 ULVAC, Inc. | Confidential and Proprietary Information
Breakthrough 2022 | 5 |
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Disclaimer
Ulvac Inc. published this content on 11 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2022 06:11:03 UTC.
