Consolidated
Financial Result of
FY2021February 2022

SIIX Corporation

INDEX• Consolidated Financial Result of FY2021• Consolidated Financial Forecast of FY2022• CAPEX & Depreciation• Progress of Medium-term Plan
• Topics of FY2021• Manufacturing information• Initiatives in ESG• Shareholder Return• Disclaimer
Copyright © 2022 SIIX Corporation All rights reserved.

1

Consolidated Financial Result of FY2021• Profit and Loss
FY2020(JPY in millions)

FY2021amount％amountFY2020 vs. FY2021

diff.

％

Impact ofchange in FX

FY2020 vs. FY2021, net

diff.(net)

％

Sales

181,598

100.0

226,833

100.0

45,23424.9

Gross Profit

16,1508.9

20,120

8.9

3,970

24.6

SGA

11,697

6.4

15,165

6.7

3,468

29.7

Operating Income

4,452

2.5

4,954

2.2

502

11.3

Ordinary Income

4,444

2.4

5,934

2.6

1,490

33.5

Extraordinary
Income & Loss

(1,680)

(0.9)

0

0.0

1,681

-

Corporate tax

1,032

0.6

1,364

0.6

331

32.1

Profit attributable toowners of parent

1,724

0.9

4,561

2.0

2,837

164.6

％

8,619

36,615

20.2

100

401

9.0

Exchange rate
USD
EUR
HKD
THB
RMB

FY2020106.79121.82
13.77
3.42
15.48

FY2021109.95129.94
14.15
3.44
17.04

• Scope of Consolidation
End ofChanges

End of

FY2020

Increase Decrease

FY2021*Increase: PT SIIX Trading Indonesia, a sales subsidiary inIndonesia, was newly consolidated.

Consolidated Subsidiary

22

1

1

22

Equity Method Affiliate

2

-

-

2

Copyright © 2022 SIIX Corporation All rights reserved.

Decrease: In January 2021, SIIX Bangkok Co., Ltd., Thaisales subsidiary, was transferred its business to
SIIX EMS (THAILAND) CO., LTD. (currently Thai
SIIX Co., Ltd.).

2

Consolidated Financial Result of FY2021• Sales• Operating Profit
YoY
growthrate
24.9％

Copyright © 2022 SIIX Corporation All rights reserved.

(JPY in billions)
YoY
growth
rate
11.3%

3

Consolidated Financial Result of FY2021• Sales by Market Sector（FY2020 actual vs. 2021 actual）

226.8(JPY in billions)

181.5

Automotive-related
Exterior
Car Multimedia
SwitchECU
Camera +1.1

Information

＋9.1
+5.1
＋1.9
＋1.6

Office equipment

Industrial

For government offices ＋2.5
Chainsaw＋2.3
Servo motor＋1.1
Power tool
＋0.8
In-flight AV equipment-1.7

Copyright © 2022 SIIX Corporation All rights reserved.

Electronic Others

Machinery Others+3.4

Home applianceAir conditioner
Toys
Kitchen appliance
Digital home appliance

＋1.3
- 1.5
- 0.7
- 0.7

4

Consolidated Financial Result of FY2021• Consolidated Operating Profit (FY2020 vs. FY2021）
 In ASEAN, both sales and profit increased owing to new projects for IoT equipment andStrong Automotive Business In Americas, production in Mexico increased, but logistics costs reduced profits.
Europe(JPY in billions)

ASEAN
Refund of
U.S.-China
tariffs
in 2020

Japan
Americas

Other
China

Copyright © 2022 SIIX Corporation All rights reserved.

5

Consolidated Financial Result of FY2021• SGA
FY2020(JPY in millions)

FY2021

Changesamount%amount%amount

6,113

3.4

6,792

3.0

679

11.1

218

0.1

212

0.1

(5)

(2.7)

1,082

0.6

3,332

1.5

2,250

207.9

787

0.4

783

0.3

(3)

(0.5)

408

0.2

233

0.1

(174)

(42.8)

Depreciation

1,016

0.6

1,121

0.5

105

10.4

Other expense

2,071

1.1

2,689

1.2

618

29.8

Total

11,697

6.4

15,165

6.7

3,468

29.7

Personnel expenses
Traveling andcommunication expenses
Freightage and packing
expensesCommission fee
Rent expenses on realestates

Copyright © 2022 SIIX Corporation All rights reserved.

%

6

Consolidated Financial Result of FY2021• Non-Operating Profit and Loss
(JPY in millions)

FY2020

FY2021

Interest income

142

26

Dividends income

49

191

-

286

Subsidy income

221

201

Gain on sales of goods

205

328

Gain on sales of scraps

167

172

Other

254

373

Non-operating income

1,041

1,579

Interest expenses

373

284

Share of loss of entities accounted for using equity method

63

33

Foreign exchange losses

25-

Purchase of goods

153

148

Other

433

133

1,049

599

(8)

979

Foreign exchange gains

Non-operating loss
Non-operating income/loss

Copyright © 2022 SIIX Corporation All rights reserved.

7

Consolidated Financial Result of FY2021• Balance Sheet
Changes

End of

End of

FY2020

FY2021

104,254

122,797

18,54217.8

Notes and accounts receivable-trade

37,05747,278

10,22027.6

Inventories

36,53258,24021,70859.4

Noncurrent assets

40,181

47,123

6,942

17.3

Total asset

144,436

169,92125,484

17.6

Current liabilities

59,85579,833

19,977

33.4

Accounts payable-trade

27,48137,298

9,816

35.7

Short-term loans payable

23,81031,561

7,750

32.5

-

-

-

-

Noncurrent liabilities

28,082

23,718(4,364)(15.5)

Bonds payable

10,00010,000--Long-term loans payable

12,061

8,446(3,614)(30.0)

Total liability

87,937

103,551

15,61317.8

Net assets

56,49866,369

9,870

17.5

354

412

57

16.3

144,436

169,92125,484

17.6(JPY in millions)

Current assets

Current portion of bonds payable

Minority interests
New assets and liability

Copyright © 2022 SIIX Corporation All rights reserved.

(FY2020 vs. FY2021)
amount%8

Consolidated Financial Result of FY2021• Cash Flow

FY2017FY2018FY2019FY2020

FY2021

Net cash from operating activities

4,536

966

8,945

13,280(8,106)

Net cash from investing activities(9,211)(6,515)(9,602)(6,034)(7,765)

Net cash from financing activities

6,410

7,991

2,923

1,291

869

10,574

12,813

15,03522,968

9,315

3.4

27.2

4.0

3.2

ー

20.1

3.2

18.3

34.9

ー

(JPY in millions)

Cash and cash equivalents
Debt to annual cash flow ratio (years)
Interest coverage ratio (X)Copyright © 2022 SIIX Corporation All rights reserved.

9

Consolidated Financial Forecast of FY2022• Consolidated Financial Forecast of FY2022（単位︓百万円）(JPY in millions)

FY 2020
Actual

%

FY 2021
Actual

FY 2022
Forecast

226,833

240,000

Sales

181,598

Operating income

4,452

2.5

4,954

2.2

8,000

Ordinary income

4,444

2.4

5,934

2.6

Profit attributable toowners of parent

1,724

0.9

4,561

2.0

Net income per share
(JPY)

36.48

96.53

126.95

Exchange rate (USD)

106.79109.95112.00

Copyright © 2022 SIIX Corporation All rights reserved.

FY2021 vs. FY 2022
diff.

％

13,166

5.8

3.3

3,045

61.5

8,000

3.3

2,065

34.8

6,000

2.5

1,438

31.5

30.42

31.5

10

Consolidated Financial Forecast of FY2022• Sales by Market Sector (FY2021, actual vs. FY2022, forecast)

240.0

226.8

Information

Office equipment+1.5

Automotive-related
Air conditioner
Exterior
ECU
SwitchABS
Car Multimedia
HCU
Blower

+3.6
+3.0
＋1.4
＋1.1
＋1.5
+1.0
＋0.9
＋0.9

(JPY in billions, %)Electronic
Others

Machinery
OthersHome appliance

Toys
＋0.7
Air conditioner＋0.5
Digital home appliance -1.4

Industrial

Power distribution control
Servo motor
Industrial sewing machine
In-flight AV equipment
For government offices

Copyright © 2022 SIIX Corporation All rights reserved.

＋0.9
＋0.7
＋0.5
＋0.4
-1.1

11

Consolidated Financial Forecast of FY2022• Operating Profit (FY2021, actual vs. FY2022, forecast)(JPY in billions)
Europe
ASEAN

Japan
Other
Americas

China

Copyright © 2022 SIIX Corporation All rights reserved.

12

CAPEX & Depreciation• CAPEX(JPY in millions)• Depreciation(JPY in millions)Thailand Plans to start construction of a new building in
April 2022 and to begin operations in July 2023
Mexico Acquisition of land for construction of new building

Acquisition of land for construction of new buildingin Mexico (2022)

Construction of new building in Thailand(start in 2022)

Existing
Plant

Newly
acquired

After acquisition
Total Approx.140,000㎡

約89,000㎡
Map data ©2022 google

Copyright © 2022 SIIX Corporation All rights reserved.

13

KPI for Midterm Business Plan
TargetExpandingbusiness withmajor global
companies

KPI

in 2023

Expansion of non-Japaneseratio

25% ofconsolidated sales

15.6% of consolidated sales
Mass production of business for nonJapanese customers is expanding.

Strengthen Reinforce
alliances with technology

5 billion yen of
consolidated sales

Significant increase in business forgovernment offices and new orders for2023. (achieved sales target)

5 billion yen of
consolidated sales

Same level as the previous year due to
COVID-19 pandemic.
Continue to develop business
opportunities around the world.

Customer development in
the medical field

Contributing toadecarbonizedsocietythrough ourbusiness

Diversity
management

Expansion of Noncommodity ratio（Automotive-related andIndustrial equipment）

As of the end of 2021

74.6% of consolidated sales
85% ofconsolidated sales

Decrease in in-flight AV equipment.
On the contrary, sales in the in-vehicle sector,
power tools and business for government
office increased year on year.

Expansion of CASE-related
business

35 billion yen of
consolidated sales

Steady increase mainly in European
customers.
Increase in projects for EVs in China andthe U.S.

Expansion of battery-related
business

10 billion yen of
consolidated sales

Increased orders for battery packs forchain saws and will start business forautomotive this year.

Improvement of local
executives' ratio

80%

77.0%

Improvement of female
executives' ratio

50%

31.2%

Copyright © 2022 SIIX Corporation All rights reserved.

14

TOPICS of FY2021•

Expecting to expand business with Japanese and non-Japanese customers in
automotive field In each area of the world.

•

Expecting of business with EV makers is in full swing and start direct business withcar makers.

•

Manufacturing capacity expansion in existing factories. (SMT lines: 166→181 in
2022)

•

Increasing demand of automotive business. Planning factory expansion in Mexicoand Thailand.

•Started OSAT* business in the back-end process of semiconductor assembly.
(Expansion of EMS field)*Outsourced Semiconductor Assembly & Test•

Expansion of battery business（ex. Chain saw, E-Mobility etc.）•

From “Electronics” to “Chemitronics*” through collaboration with SAKATA INX.
*Chemical + Electronics•

A variety of projects are underway, including smart logistics with printed electronics.

Copyright © 2022 SIIX Corporation All rights reserved.

15

Electronics: Into a New Domain
Chemitronics(Integration of Chemical and Electronics ）• 3-company collaborative activities with SIIX, SAKATA INX, and Wonder Future
Customer
needs

SIIX Corporation
Development, manufacturing, and sales of mass production technology

SAKATA INX CORPORATION
Development of materials for electronics chemical (Chemitronics)
New “Manufacturing”
・New method
・New material

Wonder Future Corporation
Damageless mounting technology by IH Reflow“Establish new materials (paste), new printing and dispensing machines,
and new mass production technology.”
Ultra-lightweightautomobiles

New materials and products (clothing & medical)

IoT Sensor

Pursuit of further added value (to meet market demands)- Moisture-proof material- EMI shielding- Insect repellents- Rodent-proof materials- Explosion-proof materials (batteries)

Copyright © 2022 SIIX Corporation All rights reserved.

SIIXʼs Strategic Policy for High-Quality
Manufacturing
・Enhancement of Manufacturing Management
Management
Leadership・Automation
・Manpower reduction・Speed ・Accuracy
・Smart factoryShareinformation

e-Manufacturing

Advanced
Technology

Globalstandard

SIIXʼsManufacturing
Innovation
・Global data
・Global network

・Enhancement of PCB mounting technology
・Enhancement of manufacturing technology
・Adoption of advanced technology
Copyright © 2022 SIIX Corporation All rights reserved.

• Development of global
human resources• Development of
teamwork
Human
Development

RobustGENBA• Rrealization of robust “GENBA”• Enhancement of manufacturing
efficiency, quality and training
17Diversification of business and demand forcore technologies
Automotive
Equipment

Consumer Equipment
High density and large-mixed mounting

IoT, 5G, AI

CASEHigh accuracy mount, COB and MCM

High density mount,module mounting

Development of mounting andmanufacturing technologies thatcan respond to future DX (Digital
Transformation) requirements,from mounting to assembly

PE*IH Reflow

Mounting for Low heat
resistance material and MID

Molding and battery

Information andCommunication Devices
Copyright © 2022 SIIX Corporation All rights reserved.

Industrial Equipment and Others*PE= Printed Electronics

18

Measures to Strengthen Manufacturing Technology
and Its Quality

 Strengthen manufacturing technology and its quality in response to
DX (Digital Transformation)• Pursuing a development that anticipates elemental technologies (improve new
businesses and new methods)• Increasing customer satisfaction by collaborating on core technologies with key
devices and key technology partners• Further enhancement of automation and its application to production systems(promotion of Smart Factory) Build Tier-1 quality system and strengthen corporate governance,
share and utilize information, and enhance BCP• Strengthening of quality governance, sharing of know-how for improvement,
speeding up of utilization, and expanding information globally• Establishing a global education system and reinforcing its training

Copyright © 2022 SIIX Corporation All rights reserved.

19Top-class EMS for Automotive
SMT 166 Line
＋14 Line（vs 2020）+15 Line (2022 plan)

Towards Best QCDS for CASE
(Next SMT Process Technology)(Automation)

77 Molding Machines＋8 Line（vs 2020）(Camera Module)(LED High Accuracy Mount, COB and MID)

(PCBA+Injection)(High Density Mount)Because we are SIIX, “Global Business Organizer”, we can realize;
Abundant technology of multi-process manufacturing and global management of
manufacturing, technology, and quality across 12 factories

Copyright © 2022 SIIX Corporation All rights reserved.

20

Automation initiatives and enhancements
Categories

Major automation initiatives at SIIX

Environment

Temperature & Humidity Control・ESD Control

Warehouse

Transportation・Parts Control・Inventory・Traceability・
Cleaning

SMT

Labeling/Sealing・Solder Apply
Stencil Change・Visual Inspection・ICT
Production Schedule・Quality Control・Model Change
Accuracy Measurement・AI for Image Inspection・Traceability

ASSY

Labeling/Sealing・Moisture Proofing material Coating・Coating Inspection
PCB Cutting・Manual Insertion・Visual Inspection・Pallet
Transportation・Soldering・Assembly・Welding・Potting
Screwing・Traceability

Inspection
All• Continuously promote automation,
improvement, integration, andacceleration in each process fromIn to Out.
• Strengthen response to customer
requirements• Stabilization of quality andefficiency• Manpower saving• Strengthen horizontal deployment
to other bases• Strengthen information sharing
contents and promote theirutilization

ICT・FCT・Visual Inspection
Model Change・Traceability・Maintenance・Transportation

Shipping
Inspection

Traceability

Shipping

Packing・Transportation・Traceability

Other

Promotion of Smart Factory

Screw Aligner・Marking・Lead Cut
Grease Injection・Molded Products & Plastic Parts
Cleaning

Copyright © 2022 SIIX Corporation All rights reserved.

Example of an automated line
at our plant in China

21

Standardization and Sharing Information of
Manufacturing, Technology, Quality

SMAPS (Siix Manufacturing Platform System)
2022〜

In Operation

Quality Information

New Technology
Information

Partially in Operation

Manufacturing
Technology Information

In Operation

Standard Manual
Procedure Manual

SMAPS
D/B
-Cloud-In Operation

Equipment Information
In Operation

In Operation

Know-How for Improvement

Instruction Material
Check GENBA with Online
Facilitating Improvement

SMAPS enables us to utilize the real-time dataof manufacturing technology at GENBA
Copyright © 2022 SIIX Corporation All rights reserved.

22

Global Education Reinforcement System
Proactive use of Philippines human resources
and mutual global support by Global Engineering
Dept. and key members of each factory

Molding, Die cast GP

Philippines

SHB

Supporting system is being further strengthened
for FY2023 and beyond

China

SCP

Several members to be
assigned by the end of FY2022

SEI
Indonesia

Philippines

SEP
GED

GlobalEngineering
Dept.

MexicoSEM
Battery GP

Sxx

Sxx

8 members

SHU
SEJ

Sxx

HungaryJapan
Copyright © 2022 SIIX Corporation All rights reserved.

PCB mounting, Assembly GP
23

SIIXʼs ESG Improvement andCO2 Reduction Activities-1
Plan to operate solar panels at 3 plants in FY2022②Indonesia plant(Scheduled to start solar panel operations in May 2022)①Shanghai Plant, China(Started solar panel operations in January 2021)＜CO2排出量実績＞
2020 Actual ︓0.34t/million yen
2021 Actual ︓0.31t/million yen(vs. 2020 9% reduction)
Tentative value based on use of 2020 CO2 emission factor）
Copyright © 2022 SIIX Corporation All rights reserved.

③Mexico plant(Scheduled to start solar panel operations in March 2022)④Philippines plant(Scheduled to start solar panel operations after August 2022)⑤Thailand plant(Scheduled to start solar panel operations after 1H, 2022)⑥Slovakia plant(under consideration)⑦Dongguan & Hubei plant, China(under consideration)

24

SIIXʼs ESG Improvement andCO2 Reduction Activities-2① Promote the use of other renewable energy
sources (partially started at 4 locations)② Promotion of waste reduction③ Implementing measures for Scope 3④ Accelerating CO2 Reduction under Consideration
by visualizing power consumption in plants

Copyright © 2022 SIIX Corporation All rights reserved.

25GovernanceSocial Environment

Initiatives in ESG
Reduce CO2 emission intensity (basic units)

2021

Target0.31t*

Reduction fromthe previous year

10% improvement
over the previous year

*Tentative values based on the use of
CO2 emission factors as of 2020

〔Installation of solar panels〕（Reference）
End of 2020 : 0.34t

・Installed at the Shanghai Plant and started operation in January
2021. Total emission reduction of 1,817.5 tons per year is expected
at this plant.
・Preparing to install solar panels at the Jakarta Plant, scheduled forcompletion in September.
・Considering installation in Mexico, Philippines and Thailand insuccession.
*Executives: Manager and above

Local executives ratio

Female executives ratio

Ratio of local executives in management of all SIIX Group

Ratio of Female executives in management of all SIIX Group

2021

Target2021

Target

77.3%

80％

32.4%

50％

Complying with the Revised Corporate Governance Code・Already taken measures such as disclosure of skills matrix, number of independent directors, independence of the Nomination
and Compensation Advisory Committee, and establishment of an electronic platform for exercising voting rights.
・In terms of diversity, the ratio of female executives and the ratio of foreign executives have been disclosed as our own KPIs
for some time.
・ In terms of climate change, disclosure based on TCFD is being promoted.
・ Compliance education again this year at a strategy meeting attended by all Group executives

Market restructuring

・ It is scheduled to be listed on the "Prime Market" of the Tokyo Stock Exchange in April.

Copyright © 2022 SIIX Corporation All rights reserved.

26

Shareholder Return• Shareholder Return
79.5

Dividends per share(JPY)(Left Axis)

Dividends ratio(%)(Right Axis)

FY2022FY2011FY2012FY2013

FY2014FY2015FY2016FY2017FY2018FY2019FY2020

FY2021

14.0

15.0

16.0

17.0

21.0

25.0

26.0

27.0

28.0

29.0

30.0

31.0

24.3

23.0

22.7

19.4

15.2

18.7

18.1

20.5

35.8

79.5

31.1

24.4

Copyright © 2022 SIIX Corporation All rights reserved.

(forecast)27

Disclaimer• The information contained in this document is intended to provide financial
information and performance indicators of SIIX Corporation (hereinafter referred
to as “the Company”), but no representation or warranty is made regarding thecontent.
• The document is not prepared for the purpose of soliciting investments. Whenactually investing, please refrain from making investment decisions based
entirely on the information on this website, and make investment decisions
based on your own judgment.
• The Company has taken the utmost care with regard to the information
contained in this document. However, the Company assumes no responsibility
whatsoever for any errors in the information contained herein, or for any
damages resulting from the data falsification or the data downloading by third
parties.
• Some information posted on the website contains statements regarding future
performance. Such statements are not guarantees of future performance andare subject to risks and uncertainties. Please note that future performance may
differ from actual results due to changes in the environment and other factors.

Copyright © 2022 SIIX Corporation All rights reserved.

28

CONSOLIDATED FINANCIAL RESULTS
OF FY2021 （APPENDIX）
FEBRUARY 2022

SIIX CORPORATION

Copyright © 2022 SIIX Corporation All rights reserved.

PROFIT AND LOSSFY2017FY2018FY2019FY2020

FY2021

233,153

242,804

223,037

181,598

226,833

9,705

8,625

5,506

4,452

4,954

4.2

3.6

2.5

2.5

2.2

10,513

8,717

5,634

4,444

5,934

4.5

3.6

2.5

2.4

2.6

7,093

6,414

3,695

1,724

4,561

3.0

2.6

1.7

0.9

2.0

Consolidated subsidiaries

19

22

22

22

22

Equity method affiliates

1

2

2

2

2

11,65913,632

12,721

11,257

12,354(JPY in millions)
Net sales
Operating income
Operating income ratio (%)
Ordinary income
Ordinary income ratio (%)
Profit attributable to owners ofparentProfit attributable to owners ofparent ratio(%)

Employees

Copyright © 2022 SIIX Corporation All rights reserved.

1

MANAGEMENT INDICATORSFY2017FY2018FY2019FY2020

FY2021

ROE

（％）

13.1

11.4

6.5

3.0

7.5

ROA

（％）

8.8

6.5

4.0

3.1

3.8

1.9

1.8

1.6

1.3

1.4

15.6

36.1

40.7

43.4

63.6

0.3

0.6

0.7

0.8

0.8

（％）

170.6

159.6

148.1

174.2

153.8

(day)

69.7

64.7

61.6

73.8

67.9

Inventory turnover ratio

(day)

49.3

59.5

71.1

79.1

76.2

PBR

(X)

2.1

1.2

1.2

1.3

1.0

PER

(X)

16.8

10.9

19.5

42.3

14.7

Total asset turnover
Net interest-bearing
debts/Net asset（％）

D/E ratio

Current ratio
Accounts receivable
turnover ratio

Copyright © 2022 SIIX Corporation All rights reserved.

2

CAPITAL STRUCTURE
FY2017FY2018FY2019FY2020

FY2021

130,526

137,350

143,391

144,436

169,921

Liability

72,916

81,33485,14187,937

103,551

interest-bearing debt

19,55332,96938,66747,471

51,350Net asset

57,60956,01658,24956,49866,369

Capital-to-asset ratio (%)

43.9

40.5

40.3

38.8

38.8

Closing stock price (JPY)

2,418

1,430

1,523

1,543

1,416

91.3

49.2

50.2

50.5

39.4

50,40050,40050,40050,40050,4001,162.33

1,178.04

1,224.26

1,186.71

1,393.92(JPY in millions)
Total asset

Capital-to-asset ratio at market value(%)
Issued stock (thousand)
BPS※The Company conducted a two-for-one stock split of its common stock on April 1, 2018 and adjusted the figures
retroactivity.

Copyright © 2022 SIIX Corporation All rights reserved.

3

SALES BY MARKET SECTOR
FY2020(JPY in millions, %)Automotive-related
equipments
Home appliances
Industrial
equipments
Informationequipments
Electronics others
Machinery andothers
Total

1H

2H

39,36458,995

17,477

FY2021
full year

%

1H

2H

full year%

98,35954.2

61,96265,355

127,31756.1

17,05634,53419.0

19,674

22,17641,85018.4

11,623

11,30722,93012.6

11,632

11,15022,782

10.0

8,271

8,048

16,3189.0

10,10810,457

20,565

9.1

564

1,598

2,162

1.2

1,272

1,647

2,919

1.3

2,935

4,360

7,295

4.0

4,822

6,579

11,401

5.0

80,234

101,364

181,598

100.0

109,470

117,363

226,833

100.0

Copyright © 2022 SIIX Corporation All rights reserved.

4

SIIX GLOBAL NETWORK(as of end of Dec. 2021）

Headquarters
Trading/Logistics Subsidiary 21
Manufacturing Plant
11
EMS factory (Subcontract)8
Injection molding Factory
2
Others: Design and Development
Component Manufacturing
Machinery and Chemical Goods43
4※Not included in above MAP

Copyright © 2022 SIIX Corporation All rights reserved.

5

SIIX GLOBAL NETWORK Manufacturing Factory(as of end of Dec. 2021）

Slovakia(Nitra)･SES

China(Dongguan)･SED

・8,216㎡
・335
・Automotive, Industrial etc.
・ISO9001, ISO14001,
IATF16949

China(Hubei)･SHB

・37,338㎡
・1,939・Scanner, A/C, Automotive
・ISO9001, ISO14001,
IATF16949

・69,854.45㎡
・290
・Automotive, HA, Industrial etc.
・・ISO9001, ISO14001,
IATF16949

China(Shanghai)･SJC
・30,606.22㎡
・1,040・Industrial HA,
Automotive etc.
・ISO9001, ISO14001,
IATF16949

Hungary(Nagycoros)･SHU
・17,330.03㎡
・277
・Industrial, Automotive etc.
・ISO9001, ISO14001,
IATF16949

Japan(Kanagawa)･SEJ

・26,652.6㎡
・1,951・Digital Home Appliances,
Automotive, Car audio. etc.
・ISO9001, ISO14001,
IATF16949,AS9100,
AS9120, ISO45001

・26,751㎡
・1,817
・Scanner, Automotive, Toy etc.
・ISO9001, ISO14001, ISO13485

・35,391㎡
・1,640・Automotive, Industrial etc.
・ISO9001, , ISO14001,
IATF16949

・6,234㎡
・107
・Industrial, Automotive, Medical etc.
・ISO9001, ISO14001, IATF16949
ISO13485, certificate of Pharmaceutical Affairs Law

Thailand(Samut Prakan)･SET

Indonesia(Batam)・SEI(EMS & Molding)

Mexico(San Luis Potosi)･SEM

Philippines・SCP(Mold, Die)・5,986㎡
・558
・ Mold Manufacturing and injection molding
・ISO9001, ISO14001, IATF16949

Indonesia(Jakarta)･SEK

Philippines・SEP

・10,924㎡
・943
・HA, Automotive etc.
・ISO14001, IATF16949

・21,476㎡
・807
・Industrial, Automotive,
Information etc.
・ISO9001, ISO14001, IATF16949

Copyright © 2022 SIIX Corporation All rights reserved.

6

SIIX GLOBAL NETWORK Sales & Logistics

Germany(Dusseldorf)/SD

China(Dongguan)/SDC(as of end of Dec. 2021）

USA(Chicago)/SC

China(Shanghai)/SX

USA(Detroit)/SCD
Hong Kong/SH
Taiwan/SP

Vietnam(Hanoi)/SV

Mexico(Monterrey)/SMX

USA(Irvine)/SJ
Thailand(Samut Prakan)･SET(SC Irvine Branch)Philippines/SM

Malaysia (Kuala Lumpur)・SK

Singapore/SS

Indonesia(Jakarta)/SI

Copyright © 2022 SIIX Corporation All rights reserved.

Philippines/SLP

Brazil(Sao Paulo)/SB

7

SIIX GLOBAL NETWORK Subcontract Factory & Affiliates

China(Shunde)/GMSE

China(Hefei)/HMSE(Joint venture with Midea Groupconditioning division)(Joint venture with Midea Groupconditioning division)(as of end of Dec. 2021）

China(Shanghai)/TSE

Thailand(Ayutthaya)/STARS

Singapore/SIIX-AGT

Singapore/SIIX-ORIENT(Joint venture with Abacus Global Technology)(Joint venture with Orient Technology)

Philippines/IMI

Copyright © 2022 SIIX Corporation All rights reserved.

Brazil(Sao Paulo)/CLIPTECH

8

DISCLAIMER
 The information contained in this document is intended toprovide financial information and management indices of SIIX
Corporation (hereinafter referred to as “SIIX"), but norepresentation or warranty is made regarding the content.

 This material is not intended as a solicitation for investment.

When actually investing, please refrain from making
investment decisions based entirely on the information on thismaterial, and make investment decisions based on your own
judgement.

 However, SIIX shall not be liable for any damages caused byerrors in the information, falsification of data by third parties,
or downloading of data for any reason whatsoever.

Copyright © 2022 SIIX Corporation All rights reserved.

9