Meiko Electronics : FY2023 Q2 Presentation

FY2023 Q2

Financial Results Briefing

November 6, 2023

（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.

FY2023 Q2 Financial Results - Consolidated （ 100 million yen）

	FY2022		FY2023
	1st half	1st half	2nd half	full-year	full-year
	revised
	results	results	forecast	forecast
	forecast
Net Sales	817	862	868	1,730	1,650
Operating	46	42	58	100	90
Income	5.7%	4.9%	6.7%	5.8%	5.5%
Ordinary	87	68	48	116	80
Income	10.7%	7.9%	5.5%	6.7%	4.8%
Net	64	52	41	93	62
Income	7.9%	6.0%	4.7%	5.4%	3.8%
Average FX rate	135.31	142.61	135	138.80	130
(JPY/USD)
Dividend per share	27	27	28	55	50

2

Net Sales and Operating Income by Product Application（ 100 million yen）

	FY2022 1st Half Results			FY2023 1st Half Resuts
	PCB	EMS/ODM	Total	PCB	EMS/ODM	Total
	Operating	Operating	Operating	Operating	Operating	Operating
	Net Sales Income	Net Sales Income	Net Sales Income	Net Sales Income	Net Sales Income	Net Sales Income
	(%)	(%)	(%)	(%)	(%)	(%)

Automotive	417	28	13	0	430	28	452	28	20	1	472	29
		6.7%		0.0%		6.5%		6.2%		5.0%		6.1%
Smartphones	142	7			142	7	115	4			115	4
Tablets
		4.9%				4.9%		3.5%				3.5%
Package	2	0			2	0	2	-4			2	-4
0.0%			0.0%	-200.0%			-200.0%
SSD	48	7			48	7	36	4			36	4
IoT Module	14.6%			14.6%	11.1%			11.1%
AI Appliances	136	3	59	1	195	4	109	6	128	3	237	9
Industrial Equipment
Amusement
Other Substrates		2.2%		1.7%		2.1%		5.5%		2.3%		3.8%
Total	745	45	72	1	817	46	714	38	148	4	862	42
		6.0%		1.4%		5.7%		5.3%		2.7%		4.9%

3

Net Sales by Product Specification

• 100 million yen）

■ MLB ■ HDI ■ Flexible ■ High Dissipation ■ Package ■ Other Substrates ■ EMS/ODM

FY2023 2nd Hlf

Forecast

FY2023 1st Hlf

Result

FY2022 2nd Hlf

Result

FY2022 1st Hlf

Result

4