Yushin Precision Equipment : FY2022 2Q IR Presentation

FY2022 2Q

Investors Presentation

November, 2021

This document contains some estimates of future business performance. Such references should not be taken to be a guarantee. Please note that future performance is subject to various risks and uncertainties, and goals and projections may vary due to changes in the business environment.

Summary for FY2022 2Q

• Results for FY2022 2Q
• • Net sales increased due to recovery in capital investment
  • Operating profit increased due to improvement in gross profit margin rate caused by revenue growth

 Forecast for FY2022

*No changes to the forecast announced on May 11, 2021

• • Net sales remains on a track to recovery
  • Rising cost of material and shipping will have an impact on Operating profit
• Topics
• • Released environmentally-friendlytake-out robot RC-SE
  • Released take-out robot SX-41 designed for clean-room use in medical industry
  • Selected Prime Market in New Market Classification

2

Nov. 9, 2021

Results for FY2022 2Q and Forecast for FY2022

	FY2021				FY2022
	Interim		Full Year	Interim			Full Year (Forecast)
	Amount		Amount	Amount	Y/Y*		Amount	Y/Y*
Net Sales	Mil. Yen		Mil. Yen	Mil. Yen	%		Mil. Yen	%
8,072		18,473	9,722	20.4		20,000	8.3
Gross Profit	3,354		7,875	4,274	27.4		8,600	9.2
<%>	41.6%		42.6%	44.0%		43.0%
Operating Profit	871		2,522	1,349	54.8		2,600	3.1
<%>	10.8%		13.7%	13.9%		13.0%
Ordinary Profit	900		2,608	1,420	57.8		2,630	0.8
<%>	11.2%		14.1%	14.6%		13.2%
Profit Attributable to	659		1,827	1,030	56.1		1,840	0.7
Owners of the Parent
8.2%		9.9%	10.6%		9.2%
<%>
				*Note "Change" : Percentage indicates year-on-year changes.

USD

GBP

CNY

106.92 yen	106.06 yen	109.80 yen	105.00 yen
135.38 yen	138.68 yen	152.50 yen	140.00 yen
15.26 yen	15.67 yen	16.99 yen	16.00 yen

3

Nov. 9, 2021

Factor and Assumption

	FY2022 2Q	FY2022 (forecast)
	 20.4% increase from the previous FY	 8.3% increase from the previous FY
	to 9,722 mil. yen	to 20,000 mil. yen
	a) Take-out robots sales increased by 36% Y/Y	a) Take-out robots sales increased by 16%
	(+) Recovery in capital investment	Y/Y
	(+) Orders are strong in China due to new	(+) Capital investment remains on track to
Net Sales	models	recovery
b) Custom-ordered equipment sales decreased	(-) Capital investment could slow down
	by 22% Y/Y	due to semiconductor shortage and
	(-) Weak in medical equipment for Europe	region-specific factors
	and US market	b) Custom-ordered equipment sales
		decreased by 15% Y/Y
		(+) Showing signs of recovery in custom-
		ordered equipment for medical industry

• 54.8% increase from the previous FY to 1,349 mil. yen

• 3.1% increase from the previous FY to 2,600 mil. yen

Operating	(+) Gross profit pushed up by revenue
Profit	growth
	(+/-) SGA as per scheduled except ocean
	transport cost

(-) Increase in cost due to rise in purchase prices

(-) Increase in shipping cost due to rise in ocean transport cost

4

Nov. 9, 2021

Sales Breakdown (Half-yearly)

(Millions of Yen)
12,012,000			11,246
		10,586	10,364	10,401	10,278
10,10,000			9,646				9,722		Parts and
									Maintenance service
8,08,000				8,072					Custom-ordered
									Equipment
6,06,000
4,04,000									Take-out Robots

2,02,000
00
	'18/9	'19/31 /3	'19/9	'20/320/3	'20/9/9	'21/31/3	'21/91	FY'22/3022	'22/3 (Full)
				(forecast)(F)	(forecast)
		Parts and maintena	1,6981,698	1,7411,741	1,5651,565	1,6191,619	1,4191,419	1,7271,727	1,6281,628	1,6721,672	3,300
		Parts and Maintenance service
		CustomCustom-ordered-orderedEquipment1,197	1,683	1,990	2,065	1,645	1,776	1,276	1,624	2,900
			1,197	1,683	1,990	2,065	1,645	1,776	1,276	1,624
		TakeTake--outoutrobotsRobots	7,690	7,821	6,808	5,961	5,006	6,897	6,817	6,982	13,800
			7,690	7,821	6,808	5,961	5,006	6,897	6,817	6,982
		Interim	10,586	11,246	10,364	9,646	8,072	10,401	9,722	10,278
		To al	10,586	11,246	10,364	9,646	8,072	10,401	9,722	10,278
		Total			21,833		20,011		18,473		20,000	5

Nov. 9, 2021