Consolidated Financial Results
for the Nine Months
Ended December 31, 2020
DaikyoNishikawa CorporationFebruary, 2021

Table of Contents

1. Financial Results

Page 2

2. Financial Forecast for Fiscal 2020

Page 9©DaikyoNishikawa Corporation All rights reserved.

P.1

1. Financial Results©DaikyoNishikawa Corporation All rights reserved.

P.2

Highlights【Third Quarter Results】■Sales decreased year on year due to the production cuts in the firstquarter consolidated accounting period caused by COVID-19 andthe impact of a fire at a consolidated subsidiary.
■Although there are cost reductions and sales increase effects inMexico, profit reduced due to the impact of production cuts.

©DaikyoNishikawa Corporation All rights reserved.

P.3

Consolidated Profit and Loss Statement
Sales decreased due to 1Q production cut and fire impact at a subsidiary
Although there are cost reductions and sales increase effects in Mexico, profits
declined due to the impact of production cuts.
(Millions of Yen)

Nine Months
Ended
Dec. 31, 2019

Nine Months
Ended
Dec. 31, 2020

Changes(Y on Y)

Changes (%)

137,311106,248-31,062-22.6%

Operating Income

6,918

2,451-4,467-64.6%

Ordinary Income

7,246

3,123-4,123-56.9%

Profit Attributableto Owners ofParent

4,871

1,339-3,532-72.5%

Operating Profit
Margin5.0%

2.3%-2.7Pts－Net Income perShare

68.76yen

18.88yen-49.88yen－Net Sales©DaikyoNishikawa Corporation All rights reserved.

P.4

Net sales increase or decrease factor(Millions of Yen)
140,000-29,961

120,000

-178

-387

-535

100,000
Impact of declining production
for major customers

80,000137,31160,000106,248
40,00020,0000©DaikyoNishikawa Corporation All rights reserved.

要具売上その他
売
上

P.5

為替
影
響

21.3

20.3
期
売
上
高製品
売
上

期
売
上
高Operating income increase or decrease factor(Millions of Yen)
8,000

Impact of declining production

6,000

4,000

6,918-7,345
152

2,000-180

616

946

2,451

1,341

0(2,000)
コスト改
善©DaikyoNishikawa Corporation All rights reserved.

ローン
チ
費
用

減
価
償
却費

P.6

為替
影
響

その他
費
用

21.3

20.3
期
営
業
利益

台数・製品
構
成期
営
業
利益

Sales by Segment
Sales increased in the Central Americas segment due to increased
production by major customers, but decreased in other segments.
(Millions of Yen)

Nine Months
Ended
Dec. 31, 2019

DomesticJapan

Changes(Y on Y)

Changes(%)

110,273(80.3)

79,860(75.2)-30,413(-5.1Pts)-27.6%

China/Korea

4,606

3,861

-745

-16.2%

ASEAN

10,433

6,027-4,406-42.2%

Americas11,99816,499

4,501

37.5%

Overseas
TTL

27,038(19.7)

26,388(24.8)-650(5.1Pts)

137,311106,248-31,062(component ratio)

Overseas

Nine Months
Ended
Dec. 31, 2020

(component ratio)

Total©DaikyoNishikawa Corporation All rights reserved.

P.7-2.4%-22.6%

Operating Income by Segment
Profit decreased in segments except Americas due to the impact ofdecreased sales although every effort of process improvement.
(Millions of Yen)

Domestic

Overseas

Nine Months
Ended
Dec. 31, 2019

Nine Months
Ended
Dec. 31, 2020

5,985
(80.3)

857(37.7)(-42.6Pts)

China/Korea

452

292-160-35.4%

ASEAN

1,307

156

-1,150-88.0%

Americas

-290

966

1,256-Overseas
TTL

1,469(19.7)

1,416(62.3)-54(42.6Pts)

7,454

2,273-5,181

Japan(component ratio)(component ratio)

Total©DaikyoNishikawa Corporation All rights reserved.

P.8

Changes(Y on Y)-5,127

Changes(%)-85.7%-3.6%-69.5%

2. Financial Forecast for Fiscal 2020

©DaikyoNishikawa Corporation All rights reserved.

P.9

FY2020 Forecast
No amendment to Nov. 5, 2020 forecast. Impact of fire at aconsolidated subsidiary and other factors should be confirmed.
(Millions of Yen)FY2020
Forecast(Reference）

FY2019Changes（％）

Net Sales

150,000

182,219-17.7%

Operating Income

3,300

8,995-63.3%

Ordinary Income

3,600

9,500-62.1%

Profit Attributable toOwners of Parent

1,6004,907-67.4%

Operating Profit
Margin2.2%

4.9%-2.7Pts

22.55yen

69.27yen

Net Income per Share
©DaikyoNishikawa Corporation All rights reserved.

P.10-

Capital Investment/Depreciation/R&D Cost
≪Capital Investment≫≪Depreciation≫≪R&D Expenses≫

Headquarters-related wasalmost completed, resulting ina significant decrease

A slight increase due to thestart of depreciation at thenew base

Decrease due to suspensionof work and streamliningof work

※FY2020: Plan

※FY2020: Plan

35
(Billions of yen)

※FY2020: Plan

5(Billions of yen)14(Billions of yen)

12430
25.0

25

10.7

1020

9.1

10.8
3.2

9.5
9.0

3

18.4

8

16.4

15

13.1
11.9

2

10
7.2

50

4120

©DaikyoNishikawa Corporation All rights reserved.

0

P.11

3.0

2.9

2.6

7.5

6

3.0

1.9

Important Information
This presentation material contains certain statements describing the future plans, strategies
and performance of DaikyoNishikawa Corporation and its consolidated subsidiaries. Thesestatements are not based on historical or present fact, but rather assumptions and estimates
based on information currently available. These future plans, strategies and performances are
subject to known and unknown risks, uncertainties and other factors. DaikyoNishikawa
Corporation’s actual performance, business activities and financial position may differ materiallyfrom the assumptions and estimates provided on account of the risks, uncertainties and otherfactors. The information contained on this presentation should not be considered as an offer, orsolicitation, to deal in any of the investments or funds.

Contact
DaikyoNishikawa Corporation
Corporate Planning Department
Phone: +81-82-493-5610©DaikyoNishikawa Corporation All rights reserved.