SMK : FY2021 1H Investor Briefing

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FY2021 1st Half

Investor Briefing

November 15, 2021

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FY2021 2Q

Outline of Financial Statement

Executive Vice President and CFO

KOHEI OHGAKI

2Q Financial Results

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Net Sales

30,000

20,000

10,000

FY2020	FY2021	Unit: Million yen
		Profit
4-9		4-9
							3,000
		2.4% UP

22,906

23,465 (23,600)

2,000

1,226 (200)

979 (100)

1,000

626	583
452				411(0)

0								0
Net Sales	Operating Profit	Ordinary Profit	Net Profit

Figures in (parentheses) are initial forecasts published in April 2021.

2Q Financial Results (by Quarter)

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Net Sales

25,000

15,000

5,000

△5,000

FY2021	FY2021	Unit: Million yen
FY2021		Profit
4-6	7-9	4-9
		23,465		2,500

									5.7% UP									1,226					1,500
									12,060
	11,405
																				979
															951	853
									487								411									500
				275
					126

-76

-500

Net Sales

Operating Profit

Ordinary Profit

Net Profit

Operating Expenses

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	FY2020		FY2021			Unit: Million yen
	4-9		4-9
	22,454		23,054	[	]: Sales Ratio
25,000	[98.0%]		[98.2%]			Material costs
						Amount paid to subcontractors
20,000						Labor costs
			10,928
15,000	11,058 48.3%	46.6%		Expenses
					Depreciations
10,000	381	1.7%	573	2.4%
			Improved by 1.0％
			•
	7,716	33.6%	7,953	33.9%		in ratio of material costs &
5,000						amount paid to subcontractors
					50.0％ → 49.0％
			2,325
	2,356	10.3%	9.9%		(The ratio of material costs
0	943	4.1%	1,275	5.4%		improved through product mix)
			411		•	Improved by 0.1％
Operating	452				in ratio of labor costs & expenses
Profit	[2.0%]		[1.8%]			43.9％ → 43.8％