CMK CORPORATION（Stock code: 6958）

1H FY2021 Financial Results(presentation material)
November 24, 2021
CMK CORPORATION

1Contents

1.

Consolidated financial results for 1H FY2021

2.

Consolidated financial forecast for FY2021

3.

Supplementary information2

１．Consolidated financial resultsfor 1H FY2021

3Consolidated financial results for 1H FY2021①Key points of 1H FY2021 Financial results(Billions of yen)

0000

42.9

38.60000

32.1

0000

0.70000

0.30000

 Operating income improved despite
the impact of higher procurement
costs etc.

000000000

 Net sales increased due to recovery
in global automobile production andsales.

-1.5
1H FY2019

1H FY2020

1H FY2021

ResultsResultsResults

Sales

Operating income4Consolidated financial results for 1H FY2021②Consolidated financial Results（Billions of yen）

1H FY2020

1H FY2021

YoYChange

YoY%

Net sales

32.1

38.6+6.5+21％

Operating income

-1.5

0.3

+1.9-

-

1.0％

--

Ordinary income-1.4

0.1+1.5-

Profit attributable toowners of parent-1.70.0+1.7-

108.25108.47+0.22+0％

Operating margin

Exchange rate（USD/JPY）

5

Consolidated financial results for 1H FY2021③Sales by product（Billions of yen）

1H

10.1

17.4

FY2021

3.8 0.4

6.7

38.6

Results

Car Electronics 31.4
1H
FY202012.9

8.5

3.8 0.4

Results

Car Electronics
Powertrain/Driving control and Safety
Information and Communication
Others

6.2

32.1

25.4
Body Electronics/Climate Control
Mobile communications

 Sales of Powertrain/Driving control and Safety increased by 35% compared withthe 1H FY2020.

6

Consolidated financial results for 1H FY2021④Analysis of changes in operating income（Billions of yen）

7.10.2

▲0.6
▲0.6
0.3

2.8-15.6-1.5

1H FY2020
Operating income（Results）

Increased inprofit due to thesales increase

Improved
productivity

Exchange rate
fluctuation

Decreased
1H FY2021
sales prices
Operating incomeand（Results）
increasedprocurement cost etc.

 Despite the impact of higher procurement costs etc., Operating income improved
due to a recovery in automotive sales

72．Consolidated financial forecast

for FY2021

8Consolidated financial forecast for FY2021①Consolidated financial Results and Forecast（Billions of yen）

FY2020Results

FY2021
Forecast

YoY
ChangeYoY%

Net sales

69.9

77.0+7.0+10％

Operating income-1.6

1.8+3.4--

2.3％--

Ordinary income-1.5

1.5+3.0-

Profit attributable toowners of parent-1.8

1.1+2.9-

106.44108.00+1.56+1.5％

Operating margin

Exchange rate
（USD/JPY）

9

Consolidated financial forecast for FY2021② Consolidated financial Results and Forecast（Billions of yen）

1H FY2021
Results

2H FY2021
Forecast

YoY
ChangeYoY%

38.6

38.3-0.3-1％

0.3

1.4+1.0+251％

1.0％3.7％+2.7％-

Ordinary income

0.1

1.3+1.2-

Profit attributable toowners of parent

0.0

1.0+1.0-

108.47108.00-0.47-0％Net sales
Operating income
Operating margin

Exchange rate
（USD/JPY）

10

Consolidated financial forecast for FY2021③Sales by product（Billions of yen）

FY2021

38.3

Forecast

Car Electronics
FY2020Results

7.0 1.2

20.0

29.5

Powertrain/Driving control and Safety
Information and Communication
Others

77.0

65.3

19.1

Car Electronics

10.5

8.1 1.0

12.1

69.9

56.7
Body Electronics/Climate Control
Mobile communications

 Sales of products for automotive use will be expected to increase by 15%
compared with the FY2020.

11Consolidated financial forecast for FY2021④Analysis of changes in operating income（Billions of yen）

0.6

7.1

▲0.5
▲0.7
1.8

4.1

-15.6

-1.6
FY2020Operating income（Results）

Increased inprofit due to thesales increase

Improved
productivity

Exchange rate
fluctuation

Decreased
FY2021sales prices
Operating incomeand（Forecast）
increasedprocurement cost etc.

 Operating income will be expected to improve due to improved productivity,
despite the impact of higher procurement costs etc.

12３．Supplementary information

13Supplementary information①Sales by product（Billions of yen）

YoY%

FY2021
Forecast

1H FY2021

25.4

31.4+6.0+24％

65.3

12.9

17.4+4.4+35％

38.3

Body Electronics/Climate Control

8.5

10.1

+1.5+18％

20.0

Information and Communication

3.8

3.8-0.0-1％

7.0

Mobile communications

0.4

0.4+0.0+7％

1.2

Others

6.2

6.7+0.5+8％

10.5

Total

32.1

38.6+6.5+21％

77.0

Car Electronics
Breakdown

YoY
Change1H FY2020

Powertrain/Driving control and Safety※AV equipment, Digital still camera, Amusement include “Others”

14Supplementary information②Sales by type of PCBs
（Billions of yen）

YoYChange

YoY%

FY2021
Forecast

1H FY2020

1H FY2021

8.3

9.8+1.4+18％

20.4

Multilayered PCBs

16.3

20.8+4.5+28％

41.5

Double-sided PCBs

4.7

5.3+0.6+13％

10.0

Others2.6

2.6-0.0-3％

5.0

Total

32.1

38.6+6.5+21％

77.0

HDI PCBs

15

Supplementary information③Financial results by region
1H FY2020

1H FY2021

YoY
ChangeSales

20.1

23.4+3.2+16％

46.5

Operating income-1.2

0.8+2.0-1.6

Sales

10.7

13.9+3.1+29％

27.9

Operating income

0.3-0.1-0.4

-0.3

Sales

9.7

11.5+1.8

+19％

23.0

Operating income-0.3

0.0+0.4

-0.5

Sales

1.8

2.0+0.2+11％

3.8

Operating income

0.0

0.0-0.0

-8％

0.1

▲10.3

▲12.2-1.9-▲24.2

Operating income▲0.3▲0.4-0.1-

▲0.8

Sales

32.1

38.6+6.5

+21％

77.0

Operating income-1.5

0.3+1.9-（Billions of yen）

Japan
China
Southeast Asia
Europe &North America
Adjustment
Consolidated

Sales

YoY%

FY2021
Forecast1.816Supplementary information④Capital investment（Billions of yen）

1H FY2020

1H FY2021

YoYChange

FY2021
Forecast

Japan

0.3

2.3+2.0

6.1

Overseas0.9

1.2+0.2

2.1

Consolidated

1.3

3.5+2.2

8.3

Depreciation cost

2.2

2.0

-0.1

4.0
17

Future-related information and descriptions in this material are justforward-looking statements and not guarantees for future achievements(Amounts are rounded, and % is rounded to one decimal place.)

END18