Consolidated Financial
Result of 1H, FY2024
August 2024
SIIX Corporation

INDEX• Consolidated Financial Result of 1H, FY2024• Consolidated Financial Forecast of FY2024• CAPEX & Depreciation• Topics• Manufacturing information• Initiatives in ESG• Shareholder Return• Disclaimer

Copyright © 2024 SIIX Corporation All rights reserved.

1

Consolidated Financial Result of 1H, FY2024• Profit and Loss
1H, FY2023(JPY in millions)％amount1H, FY2023 vs.
1H, FY2024
diff.
％

1H, FY2024％

amountImpact ofchange in
FX

1H, FY2023 vs.
1H, FY2024, net
diff.(net)
％

Sales

150,612100.0

149,357

100.0-1,255-0.8

11,524-12,779-8.5

Gross Profit

14,551

9.7

13,4569.0-1,095-7.5

839-1,935

-13.3

SGA

8,840

5.9

9,811

6.6

971

11.0

701

269

3.0

Operating Income

5,711

3.8

3,645

2.4

-2,066-36.2

137-2,204-38.6

Ordinary Income

5,855

3.9

3,804

2.5

-2,050

-35.0

3

0.0

0

0.0

-2

-86.4

Corporate tax

1,915

1.3

1,937

1.3

21

1.1

Profit attributable to owners of parent

3,941

2.6

1,891

1.3

-2,049-52.0

Changes
Increase Decrease

End of
1H, FY2024

Extraordinary Income & Loss

Exchange rate
1H, FY2023 1H, FY2024
USD
134.95151.99EUR
145.87164.48
HKD
17.21
19.44
THB
3.94
4.21
RMB
19.44
21.03

• Scope of Consolidation
End of
1H, FY2023
Consolidated Subsidiary
Equity Method Affiliate

21
3

1
-

-

22
3

* The scope of consolidation was changed as follows from the first quarter of 2024.
Consolidated subsidiaries

Copyright © 2024 SIIX Corporation All rights reserved.

+1 (Newly consolidated: Renzoku Biologics Inc.)

2

Consolidated Financial Result of 1H, FY2024• Sales
160(JPY in billions, %)

150.6

149.4

• Operating Profit
6.0

Sales Q2

(JPY in billions, %)

5.7

4.0%

3.8%

140

OP Q2

5.0

OP Q1

Sales Q1

120

78.9

75.9
4.0

100

3.0

3.0%

3.6

OP% 1H

2.4%

80

3.0

2.0%

1.9
60
2.0
40

71.7

73.5

1.0%

2.7
1.0

1.7

20
0.0

0
FY20230.0%
FY2023

FY2024

Copyright © 2024 SIIX Corporation All rights reserved.

FY2024

3

Consolidated Financial Result of 1H, FY2024• Sales by Market Sector (1H, FY2023 vs. 1H, FY2024)
149.4

150.6
150.0

(JPY in billions, %)2.2 (1.5%)

12.2 (8.1%)
14.0 (9.3%)

32.0 (21.3%)

100.0

2.1 (1.4%)

8.4 (5.6%)
12.0 (8.0%)
27.9 (18.7%)

OthersInformation
Home appliance

50.0

Industrial

90.2 (59.5%)

99.0 (66.3%)

1H, FY2023 Actual

1H, FY2024 Actual

Automotive-related

0.0

Exchange Rate

+11.5

-3.0

160.0

120.0

150.6

Battery-related
+2.3
AC
+1.5
Car multimedia
+1.3
ECU
+1.0
Switch+0.7
Quasi-Millimeter wave radar

Office equipment -4.5

-4.6

■ Industrial■ Automotive-related

140.0■Information

-5.3

+0.4

SunroofCameraExterior

+0.4

-0.7
-1.5
-4.7

Switchboard equipment+0.5Electronic Tool
+0.4
Industrial sewing machine -0.5
In-flight AV equipment-0.7
Tags for livestock management -0.7
Commercial AC equipment -0.8
Inverter-1.0Power tool
-1.8

Others-0.3■ Home appliance
Kitchen appliances +0.5
AC
-0.9
Toys
-2.0

149.4

100.0
1H, FY2023 Actual

1H, FY2024 Actual
Copyright © 2024 SIIX Corporation All rights reserved.

4

Consolidated Financial Result of 1H, FY2024• Consolidated Sales by area (1H, FY2023 vs. 1H, FY2024)(JPY in billions)

Europe- 3.88150

Increased shipments of automotiverelated equipment

Japan
Decreased shipments of industrial
equipment and home appliances

+3.37

+0.09
Other

- 3.85
+3.53
145

150.6

Americas149.4

Increased shipments of automotiverelated equipment- 0.52CHINA
Decreased shipments ofautomotive-related equipment
and industrial equipment

140

ASEAN
Decreased shipments of information equipment
and industrial equipment

1H, FY2023
Actual

1H, FY2024
ActualCopyright © 2024 SIIX Corporation All rights reserved.

5

Consolidated Financial Result of 1H, FY2024• Consolidated Operating Profit by area (1H, FY2023 vs. 1H, FY2024)
＋0.27

6

-0.57

(JPY in billions)

Europe-1.51

Decreased due to increase in fixed
cost burden due to reduced
requirements of some customers

5
China
Decreased due to lower sales
and lower production efficiency,
etc.

4

+0.19

-0.32

Other

-0.13

Americas

3

Japan

2

Improved profitability throughprice revisions

1
0

Increased due to higher
sales of automotive-related
equipment

5.7
ASEAN

Decreased due to lower sales of
information equipment andindustrial equipment

1H, FY2023 Actual

3.6

1H, FY2024 Actual
Copyright © 2024 SIIX Corporation All rights reserved.

6

Consolidated Financial Result of 1H, FY2024• SGA
1H, FY2023(JPY in millions)
Personnel expenses *amount1H, FY2024

amount%Changesamount

%

%

4,213

2.8

4,721

3.2

508

12.1

237

0.2

241

0.2

4

1.9

1,511

1.0

1,451

1.0

-59

-3.9

Commission fee

509

0.3

667

0.4

158

31.1

Rent expenses on real estates

130

0.1

146

0.1

16

12.5

Depreciation

838

0.6

941

0.6

102

12.2

Other expense *

1,399

0.9

1,639

1.1

240

17.2

Total

8,840

5.9

9,811

6.6

971

11.0

Traveling andcommunication expenses
Freightage and packing expenses* In personnel expenses and other expenses, items have been reclassified, and the figures for the first half of 2023 have been retroactively adjusted.
Copyright © 2024 SIIX Corporation All rights reserved.

7

Consolidated Financial Result of 1H, FY2024• Non-Operating Profit and Loss
(JPY in millions)Interest income
Dividends income
Share of gain of entities accounted forusing equity method
Foreign exchange gains
Subsidy Income

Gain on sales of goods
Gain on sales of scraps
Other
Non-operating income
Interest expenses
Purchase of goods
Other

Non-operating expenses
Non-operating income/loss

1H, FY2023

1H, FY2024

94
116

391
40

11

19

61
74
153
86
283
880
591
56
88
736
143

137
92
129
97
331
1,241
842
65
174
1,081
159

Copyright © 2024 SIIX Corporation All rights reserved.

8

Consolidated Financial Result of 1H, FY2024• Balance Sheet
End of
1H, FY2023

End of
FY2023End of
1H, FY2024

amount(JPY in millions)

Current assets

Changes(1H,FY2023 vs. 1H,FY2024)
amount%Changes(FY2023 vs. 1H, FY2024)
Impact of%exchange ratenet

161,064

157,621

171,960

10,895

6.8

14,3389.1

13,132

1,205

Notes and accounts receivable-trade64,67760,43262,298-2,379

-3.7

1,865

3.1

4,293

-2,428Inventories

75,341

71,90974,729

-611

-0.8

2,820

3.9

6,263

-3,444

Noncurrent assets

59,25559,21664,752

5,496

9.3

5,536

9.3

5,416

119

Total asset

220,320

216,838

236,712

16,392

7.4

19,874

9.2

18,549

1,324

Current liabilities

97,73888,65392,909-4,828

-4.9

4,255

4.8

6,997

-2,741

43,98243,26240,742-3,239-7.4-2,519

-5.8

3,307

-5,82735,318－35,46628,103－38,63830,2775,000
42,842-5,041
5,000
7,375

-14.3

7.7

20.8

2,173
5,000
4,204

2,391
－
1,412

-217
5,000
2,791

Corporate bonds

10,00010,00015,000

5,000

50.0

5,000

50.0

5,000

Long-term loans payable

19,29022,13920,6431,353

7.0-1,495

-6.8

－
781

-2,276

Total liability

133,205

127,292

135,752

2,546

1.9

8,460

6.6

8,410

49

Net assets

87,11489,545100,959

13,845

15.9

11,41412.7

10,139

1,274

453

446

563

110

24.5

117

26.3

45

72

220,320

216,838

236,712

16,392

7.4

19,874

9.2

18,5491,324

Accounts payable-trade
Short-term loans payable
Current portion of bonds payableNoncurrent liabilities

Minority interests
Total asset and liability

Copyright © 2024 SIIX Corporation All rights reserved.

－

－
10.9

9

Consolidated Financial Result of 1H, FY2024• Cash Flow

(JPY in millions)

1H,
FY2022

1H,
FY2023

1H,
FY2024FY2022

FY2023

Net cash from operating activities-3,435

5,210

6,165

5,567

19,796

Net cash from investing activities-4,073-5,805-4,916-8,892-10,392

Net cash from financing activities

5,768

-887

5,883

6,676

-5,989Cash and cash equivalents

8,894

13,334

27,416

13,652

18,059Debt to annual cash flow ratio (years)

-

-

-

10.3

3.2

Interest coverage ratio (X)

-

9.0

7.7

7.6

13.2

Copyright © 2024 SIIX Corporation All rights reserved.

10

Consolidated Financial Forecast of FY2024(JPY in millions)

FY2022 Actual

FY2023 Actual%

FY2024 Forecast
%

%

Sales

277,031

Operating income

8,929

3.2

12,2544.0

8,500

Ordinary income

8,337

3.0

11,849

3.8

Profit attributable toowners of parent

4,733

1.7

8,185

2.6

Net income per share(JPY)

100.11

Assumption rate(USD)

309,768¥109.95

FY2023 vs. FY2024

320,000

10,2323.3

2.7-3,755

-30.6

8,100

2.5

-3,749

-31.6

4,600

1.4

-3,586-43.8-75.84-43.7

173.56

97.72¥131.22¥149.00

Copyright © 2024 SIIX Corporation All rights reserved.

％

diff.

11

Consolidated Financial Result of 1H, FY2024• CAPEX（JPY in millions）• Depreciation

6,000

6,000

5,000

5,000

4,000

4,000

3,000

3,000

5,031
4,096

2,000

4,395

1,000

0

2,000

（JPY in millions）

4,860
4,670
4,258

1,000

1H,
FY20232H,
FY2023

1H,
FY20240

Copyright © 2024 SIIX Corporation All rights reserved.

1H,
FY20232H,
FY2023

1H,
FY202412

Topics• Investment in Renzoku Biologics• Establishment of SIIX India
business

Entry into CDMO business for bio-antibody drugs

Establishment of joint venture with technology partner Innominds, strengthening JDM• Establishment of a third joint venture with MIDEA, conclusion of agreement on creation of new business with them

• Expansion of Thailand factory (scheduled to be completed in December 2024, increasing production capacity byapproximately 1.5 times compared to the space before the expansion)• Investment in Electroninks Incorporated, a U.S. conductive ink manufacturer

Challenge in the field of “Chemitronics”• Acquisition of a license for recruitment service in Japan• Strengthening overseas sales of products from Japan,such as nursing care products for an aging society• Concluding contracts with multiple Chinese automotive T1 companies
in the Thai market• Development of sensor-related businessNew building in Thailand
Copyright © 2024 SIIX Corporation All rights reserved.

13

Established sales subsidiary and JV with Innominds in India• Outline of India Sales subsidiary• Trade Name:• Location:• Capital:• Major business:

SIIX India Pvt. Ltd. (tentative)
Bengaluru, Karnataka, Republic of India
SIIX Singapore 100%
Sales and distribution of electronic components,
electronic equipment, etc., management of JVs• Start of the operation: November 2024 (plan)

SIIX India• Outline of Innominds
Our technology partner with experience in IoTdesign and development business in India• Trade name:
Innominds Software Pvt. Ltd.
• Location:
California, United States• Major business:
Providing DX and IoT equipment engineering services
using AI platform. Handling QUALCOMM chips.
Owning 2,500 design and development human resources inIndia.

Established JVTarget• Outline of JV with Innominds• Trade name:• Location:• Capital:• Major business:

SIIX Innominds Pvt. Ltd. (tentative)
Bengaluru, Karnataka, Republic of India
SIIX India 50%, Innominds 50%
Design, development, sales and marketing of
IoT devices• Start of the operation: January 2025 (plan)⚫ Collaboration with them enables a onestop approach from development tomanufacturing for customers of bothcompanies.
⚫ Aiming to develop ODM/JDM businessworldwide in collaboration with partners
with business experience in India

14

Basic Policy and Activities of the SIIX’s Manufacturing Plant
Promotion of Manufacturing DX (Digital transformation)
Strengthen core competence• Implementation of manufacturing subcommittee,
MD Forum• Utilization of human capital in the Philippines
・ Dispatch engineers

Management
Transformation
ESG
Responsiveness• SIIX Academy Technical Edition

Human Capital
Development
・Standardization ofequipment
・ SIIX Academy
Education Edition

Smart Factory• Visualization Management (Dashboard)• Installation of automated warehouses(Introduction of parts towers)• Installation of automated equipment and robots(Battery pack production)

Real-time
Management

Optimization of
the value chain

SIIX
Manufacturing
DX
Optimization of

Manufacturing Site
Transformation
Optimization ofequipment efficiency

Production Process
Quality & Productivity

Skill Transfer
Human Capital
Development

IT/ Operations
Transformation
Visualization

Automation

OT-IT interoperation

Strengthen
production sites• High quality assurance(Expansion of SMAPS)• Introduction of new APQP
• Promotion of SIIX Principles

OT：Operational Technology
Data available from facilities, etc.

Copyright © 2024 SIIX Corporation All rights reserved.

15

Strengthen core competence• SIIX Academy: Start to provide technical training for all factories
Purpose:Aiming to develop human capital necessary for
manufacturing, establish "SIIX Manufacturing
Academy" to improve technical capabilities andskills that form the basis of manufacturing, andhorizontally expand the academy to each site.
Establish a system that enables continuous training.
For: All SIIX employees(Accessible on the web from all over the world)
Subject: Process technology, process management,elemental technology (Multilingual support)
Start:

3rd quarter 2024
Copyright © 2024 SIIX Corporation All rights reserved.

16

Initiatives for Smart Factories
Acceleration of automation through global structure
FADC (Factory Automation Development Center) Establishment of facilities design unit (Indonesia)
HRDC (Human Resource Development Center) Expansion of Technical Support Unit (Philippines)

Design and development of automatic machines to introduction
Deployment of common equipment and establishment of support system for equipment introduction
SIIX HQ
Global Engineering Dept. (Sagamihara, Japan)

GED (Japan)•••

Governance Functions
Quality and Technology
Equipment and new
construction method study

GED (Philippines Branch)(HRDC)••AOI Technical Center
Technical Support Center(equipment installation anddispatch of engineers)

Slovakia

Hungary

Batam

Jakarta

DongguanShanghai

Hubei

MexicoCopyright © 2024 SIIX Corporation All rights reserved.

GED (Indonesia Branch)(FADC)••

Automatic machine design
Automatic machine production

Philippines

Thailand

Sagamihara (Japan)
17

Smart Factories• Construction of automated lines (Automatic machine equipment design～Create～Install)
Cell Labelling
Automatic cell labeling

Cell Insertion
Automated cell inspection line

Copyright © 2024 SIIX Corporation All rights reserved.

18

Smart Factories
Visualization Management (Dashboard)

Introduction of automated warehouses(introduction of tower warehouses)

Dongguan Plant

Philippines Plant

Example: IT Member Development in Thailand plant
Real-time visualization management
Production Progress, Productivity, Loss Analysis

Shanghai Plant, Sagamihara (Japan) Plant alreadyintroduced

Copyright © 2024 SIIX Corporation All rights reserved.

19

Enhancement of production sites• Quality Governance Functions
Introduction of APQP and start of operation

SMAPS
Between manufacturing sites
ZERO Identical defects

Information sharingof quality measures

Management ofshared manualsof global standards

BCP Document
Management

Element Work
Knowhow sharing

Management of
human capitaldevelopment
materials

Management of acompany-wide
equipment list

Inquiries & Orders

Validity of product information/quotation

PrototypeEngineering Design, Tooling, Material Handing

Trial preparation

Engineering Design, Tooling, Preparation of parts

Prototype completed

Verification results and validation

Decision to go into
mass production

Mass production validation

Shipping decision

Determining the reasonability of shipments tocustomers

OrdersPrototype

Trial preparation

Inquiries, quotations
acceptanceEngineering, tools
and parts

Process verificationand validation

Massproduction
Prototype
Determine mass
productionMassproduction

Shipment

Deliver products that meet customer requirements⇒ Reduction of customer complaints
Copyright © 2024 SIIX Corporation All rights reserved.

20

Enhancement of production sites• Activities to promote SIIX Principles (SIIX Corporate Philosophy) among all employees
Activities of the three plants in China

Thailand Plant

Batam Plant, Indonesia

Educational scene

Poster display
Philippines Plant

Copyright © 2024 SIIX Corporation All rights reserved.

21

CO2 Reduction Activities• Solar power installation status• Scope-2
Consumption of electricity: Previous year over 95.6%
Achievement rate of decarbonization (Renewable energy
and solar power)• Jan-Jun 2023: 14.4%• Jan-Jun 2024: 17.7%
63,525,350 kWh60,761,209 kWhSolar power
generation

Shanghai Plant

Mexico Plant

Karawang Plant, Indonesia

Dongguan Plant

Hubei Plant

Batam Plant, Indonesia• Usage of Renewable Energy Electricity
Slovakia Plant, Hungary Plant, Sagamihara Plant (Japan),Philippines Plant, Germany Sales Office, Singapore Sales
OfficeRenewable
Energy• Future Plans

Nonrenewableenergy• Solar Power Generation
Singapore
December 2024
ThailandMarch 2025
• Switch to renewable energy
Philippines
December 2024
Jan-Jun 2023

Jan-Jun 2024
Copyright © 2024 SIIX Corporation All rights reserved.

22

Initiatives in ESG – Reduction of total CO2 emissions
Target(2030)

Environment

SCOPE 1SCOPE 2SCOPE 3TOTAL

vs 202142% cut

vs 202125% cut

2021

2023

(Base year)

Actual924t

1,405tCO2 emissions reduction activities
Considering effective ways to reduce emissions, such as converting company automobiles to
EVs.

18t

69,484t

583,026t

653,434t

vs 2021
99.9% cutSolar panels installed
Already installed: 3 plants in China (Shanghai, Dongguan, Hubei),
Renewable Energy
Mexico, Jakarta, Batam
Utilization Rate
To be installed: Thailand, Philippines
FY2021 3.6%
Switch electricity derived from renewable energy sources
FY2023 14.6%
100% at Sagamihara Plant and Europe area,
45% in the Philippines (expected to be 97% from 2025)
Purchase non-fossil certificates
Promote energy-saving activities
Implement energy saving during downtime of solder hardening furnaces, consider energysaving effects of centralized air conditioner management.
Switch production facilities to energy-saving models
Add power consumption as a criterion for capital investment.

644,692t

Conduct regular interviews with suppliers and work together to improve the accuracy ofemissions data and reduce CO2 emissions throughout the supply chain.

646,115t• Obtained third-party guarantee in FY2023 (SCOPE 1,2,3)• CDP Score: Climate Change A- (FY2023)• Selected as CDP Supplier Engagement Leader (FY2023)

Copyright © 2024 SIIX Corporation All rights reserved.

23

Initiatives in ESG

SocialPromotion of Human Capital Management• Promotion of SIIX Principles (corporate philosophy)• Establishment of SIIX Academy and launch of “SIIX Pioneers”• Obtaining engagement scores and activities to improve scores

Engagement Score
TargetBBB
55.0pt© Link and Motivation Inc.

As of
February2024

CCC
46.3ptEstablishment of Murai SIIX Foundation▲ SIIX Principles
Multilingual Translation

Governance

Progress in Compliance with Revised Companies Act and Corporate Governance CodeDiversity

Appointment of female directors (internal, external) and female corporate auditors (external) at the 2024 General
Meeting of Shareholders. 3 out of 18 executive officers (including those concurrently serving as directors) are female.

Disclosure

Deepen and enhance disclosures in Integrated Report 2024.

Risk
Management

Establish individual themes on a company-wide basis every half year and manage progress. Further strengthen
response to hazard risk and cyber attack.

Shareholder
meeting

Promote paperless operations and improve the content of the notice of annual shareholder’s meeting.

Copyright © 2024 SIIX Corporation All rights reserved.

24Plans to increase dividends for
18 consecutive fiscal years

Shareholder Return

¥48.0

50

¥44.0

45
40
35
30

¥25.0

25
20

¥26.0

¥28.0

¥27.0

¥29.0

¥30.0

¥31.0

¥21.0
¥17.0

¥16.0

15
10
5
0
FY2013

FY2014FY2015FY2016FY2017FY2018FY2019FY2020

FY2021

FY2022

FY2023

FY2024(forecast)

Dividends per share(JPY)

16.0

17.0

21.0

25.0

26.0

27.0

28.0

29.0

30.0

31.0

44.0

48.0

Dividends ratio(%)

22.7

19.4

15.2

18.7

18.1

20.5

35.8

79.5

31.1

31.0

25.4

49.1

# of Treasury Stock Acquisition
Amount of treasury stockacquisition (JPY)508,900---

2,000 mil.

2,035,700-

4,000 mil.

250,000

-

-

-

-

400 mil.

-※includes commemorative dividend 1.00 yen
Copyright © 2024 SIIX Corporation All rights reserved.

25

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

Copyright © 2024 SIIX Corporation All rights reserved.

26

Consolidated Financial Resultof 1H, FY2024 <Appendix>
August 2024
SIIX Corporation

Profit and Loss
(JPY in millions)

1H,
FY2022

1H,
FY2023

1H,
FY2024FY2022

FY2023

125,467

150,612

149,357

277,031309,768

3,457

5,711

3,645

8,929

12,254

2.8

3.8

2.4

3.2

4.0

3,639

5,855

3,804

8,337

11,849

2.9

3.9

2.5

3.0

3.8

1,579

3,941

1,891

4,733

8,185

Profit attributable to owners of parent ratio(%)

1.3

2.6

1.3

1.7

2.6

# of Consolidated subsidiaries

22

21

22

22

21

# of Equity method affiliates

2

3

3

2

3

12,71911,394

10,061

12,734

11,052

Net sales
Operating income
Operating income ratio (%)
Ordinary income
Ordinary income ratio (%)
Profit attributable to owners of parent# of Employees<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

1

Management Indicators
1H,
FY2022

1H,
FY2023

1H,
FY2024FY2022

FY2023

ROE

（％）

-

-

-

6.6

9.9

ROA

（％）

-

-

-

4.4

5.6

0.7

0.7

0.7

1.5

1.5

68.6

61.3

45.1

64.2

49.1

0.8

0.8

0.7

0.8

0.7

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

D/E ratio
Current ratio

（％）

163.0

164.8

185.1

155.6

177.8

Accounts receivable turnover ratio *

(day)

72.2

72.6

75.0

67.9

68.1

Inventory turnover ratio

(day)

94.8

90.1

89.6

86.7

85.6

PBR

(X)

0.58

0.85

0.60

0.79

0.77

PER

(X)

-

-

-

12.7

8.4

* Accounts receivable turnover ratio for FY2022 is calculated using FY2021 trade receivables and FY2022 trade receivables including contract assets.
<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

2

Capital Structure
FY2019FY2020

FY2021

FY2022

FY2023

1H,
FY2024

Total asset

143,391

144,436

169,921205,170

216,838

236,712

Liability

85,14187,937

103,551

127,780

127,292

135,752

interest-bearing debt

38,66747,471

51,35063,15061,984

72,919Net asset

58,24956,49866,36977,38989,545100,959

Capital-to-asset ratio (%)

40.3

38.8

38.8

37.5

41.1

42.4

Closing stock price (JPY)

1,523

1,543

1,416

1,277

1,463

1,284

Capital-to-asset ratio at market value (%)

50.2

50.5

39.4

29.4

31.8

25.5

50,40050,40050,40050,40050,40050,4001,224.26

1,186.71

1,393.92

1,625.55

1,891.52

2,130.83(JPY in millions)Issued stock (thousand)
BPS<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

3

Sales by market sector(JPY in millions, %)1H,
FY2022

1H,
FY2023

1H,
FY2024FY2022
full year

FY2023%full year%

Automotive-related
equipments

74,117

90,16698,998

162,52258.7

192,673

62.2

Industrial equipments

23,30332,037

27,91556,24020.3

61,601

19.9

Home appliances

12,602

14,007

11,957

27,4119.9

26,500

8.6

Information equipments

12,963

12,1708,393

27,0189.8

24,349

7.9

Others

2,481

2,233

2,095

3,841

1.4

4,646

1.5

Total

125,467

150,612

149,357

277,031100.0

309,768

100.0<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

4

SIIX GLOBAL NETWORK(As of end of Jun. 2024）

Headquarters
Trading / Logistics Subsidiary
Manufacturing Plant
Partner (EMS subcontract, alliance)
Injection molding Factory
CDMO business for bio-antibody drugs

20
11
15
2
1

Others: Design and Development
4
Component Manufacturing3
Machinery and Chemical Goods 4※Not included in above MAP<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

5

SIIX GLOBAL NETWORK – Manufacturing Factory(as of end of Jun. 2024）
China(Hubei)･SHB
China(Dongguan)･SED

Slovakia(Nitra)･SES

・8,216㎡
・338
・Automotive, Industrial etc.
・ISO9001, ISO14001, IATF16949

・37,338㎡
・1,272
・Scanner, A/C, Automotive
・ISO9001, ISO14001,
IATF16949

・69,854㎡
・270
・Automotive, HA,
Industrial etc.
・ISO9001, ISO14001,
IATF16949

Chine(Shanghai)･SJC
・30,606㎡
・298
・Industrial, HA,
Automotive etc.
・ISO9001, ISO14001,
IATF16949

Japan (Kanagawa)･SEJ

Hungary(Nagycoros)･SHU
・17,330㎡
・354・Industrial、Automotive etc.
・ISO9001, ISO14001,
IATF16949

・6,539㎡
・109
・Industrial、Automotive、
Medical etc.
・ISO9001, ISO14001,
IATF16949
ISO13485, certificate ofPharmaceutical Affairs Law

Thailand(Samut Prakan)･SET

・41,964㎡
・2,218・Digital Home Appliances, Automotive, Car audio etc.
・ISO9001, ISO14001, IATF16949,AS9100, AS9120,
ISO45001

Mexico(San Luis Potosi)･
SEM・35,391㎡
・1,830・Automotive, Industrial etc.
・ISO9001, ISO14001,
IATF16949

Philippines・SEP＜EMS, Mold, Die＞

・28,056㎡
・727
・Industrial, Automotive, Information etc.
Mold Manufacturing and injection molding
・ISO9001, ISO14001, IATF16949

Indonesia(Batam)・SEI(EMS & Mold)
・26,751㎡
・1,127
・Scanner, Automotive, Toy etc.
・ISO9001, ISO14001, ISO13485

Indonesia(Karawang)･SEK
・26,284㎡
・918
・HA, Automotive etc.
・ISO14001,IATF16949<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

・Floor (㎡)・Headcount・Main Products
・Standards, Certification

6

SIIX GLOBAL NETWORK – Sales & Logistics(as of end of Jun. 2024）

Germany(Dusseldorf)
SD

China
(Shanghai)
SX

China
(Hubei)SHB

TaiwanSP(SC Irvine Branch)Japan
Osaka HQ SO
Tokyo HQ SYNagoya SN

Hong Kong
SH

Philippines
SEP

Vietnam(Hanoi)
SV
Philippines
SM

Malaysia(Kuala Lumpur)SK

USA (Chicago)SC

USA (Detroit)
SCD

China(Dongguan)
SED

Thailand(Samut Prakan)
SET

USA (Irvine)
SJ

SingaporeSS

Indonesia(Karawang)
SI<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

(SC Detroit Branch)

Mexico(Monterrey)
SMX

Mexico(San Luis Potosi)
SEM

Brazil(Sao Paulo)
SB

7

SIIX GLOBAL NETWORK – Partners (EMS Subcontract, Alliance, etc. )(As of end of Jun. 2024）

China(Shunde)
GMSE(Joint venture with Midea
Group conditioning
division)

NO
IMAGE

China(Jingzhou)

China(Hefei)

JMSE

HMSE

(Joint venture with Midea
Group conditioning
division)(Joint venture with Midea
Group conditioning
division)

China(Shanghai)
TSE
TAKAYA SIIX Electronics

Thailand(Ayutthaya)
STARSStars Microelectronics(Thailand)

NO
IMAGE

NO
IMAGE

NO
IMAGE

Singapore
SIIX-AGT(Joint venture with
Abacus Global Technology)

Singapore
BotMind(joint venture with the Agency
for Science, Technology andResearch (A*STAR) of
Singapore)

Singapore
SIIX-ORIENT(Joint venture with
Orient Technology)

Japan(Fukushima)
ARS

Philippines ・IMI
Integrated
Microelectronics
Inc.

Philippines ・KMPC
Kawasaki Motors
Philippines Corp.

Philippines ・IWSP

Philippines ・DELSA
DELSA, Inc.

International
Wiring Systems Philippines(Joint venture with
Sumitomo Wiring Systems）（Joint venture with
Kawasaki Heavy Industries）

Brazil(Sao Paulo)

CLIPTECH

Philippines
SHINTO-WELBEST<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

8

Disclaimer• The information contained in this document is intended to provide financial informationand 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 by errors in the information,
falsification of data by third parties, or downloading of data for any reason whatsoever.

<Appendix> Copyright © 2024 SIIX Corporation All rights reserved.

9