Consolidated Financial
Result of 1H, FY2023
August 2023
SIIX Corporation

INDEX• Consolidated Financial Result of 1H, FY2023• Consolidated Financial Forecast of FY2023• CAPEX & Depreciation• Current Situation of Midterm Business Plan
• Topics• Manufacturing information• Initiatives in ESG• Shareholder Return• Disclaimer

Copyright © 2023 SIIX Corporation All rights reserved.

1

Consolidated Financial Result of 1H, FY2023• Profit and Loss
1H, FY2022(JPY in millions)％amount1H, FY2022 vs.
1H, FY2023
diff.
％

1H, FY2023％

amount1H, FY2022 vs.
Impact ofchange in 1H, FY2023, net
FX
diff.(net)
％

Sales

125,467

100.0

150,612100.0

25,145

20.0

8,551

16,593

13.2

Gross Profit

11,5849.2

14,551

9.7

2,966

25.6

833

2,132

18.4

SGA

8,126

6.5

8,840

5.9

713

8.8

456

256

3.2

Operating Income

3,457

2.8

5,711

3.8

2,253

65.2

377

1,876

54.3

Ordinary Income

3,639

2.9

5,855

3.9

2,215

60.9 Exchange rate

Extraordinary
Income & Loss

-367

-0.3

3

0.0

370

-

Corporate tax

1,707

1.4

1,915

1.3

207

12.2

Profit attributable to ownersof parent

1,579

1.3

3,941

2.6

2,361

149.5

USD
EUR
HKD
THB
RMB

1H, FY2022 1H, FY2023
122.99134.95134.40145.87
15.71
17.21
3.65
3.94
18.96
19.44

• Scope of Consolidation
End of
1H, FY2022
Consolidated Subsidiary
Equity Method Affiliate

222Changes
Increase Decrease

1
1

2
-

End of
1H, FY2023

21
3* The scope of consolidation was changed as follows from the first quarter of 2023.
Consolidated subsidiaries
Equity method affiliates

Copyright © 2023 SIIX Corporation All rights reserved.

+1 (Newly consolidated Malaysian sales subsidiary)- 2 (Integration of 3 Philippine subsidiaries)+1 (Joint venture with Midea Group)2Consolidated Financial Result of 1H, FY2023• Sales
160(JPY in billions, %)Sales Q2

150.6

• Operating Profit
5.7

6.0
OP Q2

Sales Q1

(JPY in billions, %)
4.0%

3.8%

OP Q1

140

5.0

125.5

OP% 1H
3.0%

120

78.9
100

4.0

2.8%

3.0

3.5

62.4
3.0

80

2.0%

1.6
60
2.0
40

63.0

71.7

2.7
1.0

20
0

1.9

0.0
FY2022

FY20230.0%
FY2022

Copyright © 2023 SIIX Corporation All rights reserved.

1.0%

FY2023
3

Consolidated Financial Result of 1H, FY2023• Sales by Market Sector（1H, FY2022 vs. 1H, FY2023）(JPY in billions, %)

150.6
150.0
120.0
90.0

125.5

12.2 (8.1%)
14.0 (9.3%)

2.5(2.0%)

13.0 (10.3%)
12.6 (10.0%)
23.3 (18.6%)

2.2 (1.5%)

32.0 (21.3%)

Machinery Others
Information
Home appliance

60.0
30.0

90.2 (59.9%)

74.1 (59.1%)

Industrial
Automotive-related

0.0
1H, FY2022 Actual

1H, FY2023 Actual

160.0

+8.0
Exchange Rate

+0.7

-1.7

-1.0

Others+10.5
Information

+8.6

140.0

Industrial

120.0

125.5

Automotive-related
Exterior+4.6
Quasi-Millimeter wave radar +1.6
Battery-related
+1.3

AC
+1.3
Switch +1.1
Meter -1.0

Power tool
In-flight AV equipment
Commercial AC equipment
InverterTags for livestock management
Industrial sewing machineElectronic Tool
For government offices

+3.5
+3.3
+1.2
+0.9
+0.7
-0.4
-0.4
-1.4

Office equipment
-1.3

150.6

Home appliance
AC
Electronic Lock
Digital appliances

+1.2
+0.5
-0.6

100.0

Copyright © 2023 SIIX Corporation All rights reserved.

4

Consolidated Financial Result of 1H, FY2023• Consolidated Sales by area (1H, FY2022 vs. 1H, FY2023)
150

+6.20

Japan
Sales increased due to strong
shipments of industrial equipment
and automotive-related equipment

+4.90

130

Americas

100

Increased shipments ofautomotive-related equipment
and industrial equipment

CHINA

120

125.5

Shipments of home
appliances, and industrial
equipment increased+0.19

Strong sales of automotiverelated equipment andindustrial equipment

+8.77

110

+1.88

（JPY in billions）

Europe

+3.21

140

Other

150.6

ASEAN
Automotive-related equipment increases in Indonesia
Strong sales of industrial equipment in Philippines

1H, FY2022
Actual

1H, FY2023
ActualCopyright © 2023 SIIX Corporation All rights reserved.

5

Consolidated Financial Result of 1H, FY2023• Consolidated Operating Profit by area (1H, FY2022 vs. 1H, FY2023)

Other

6

China

+1.35

Decrease due to weak
performance of automotiverelated equipment

5

＋0.32

4

-0.07

-0.40

＋0.63

3.5

1

5.7

Automotive-related
equipment and industrial
equipment performed well

Japan

0

EuropeAmericas
Profit increased due to higher
sales of industrial equipment
and automotive-related
equipment+0.42

Decrease due to higher fixed costburden caused by shortage of certain
components and higher energy prices

3

2(JPY in billions)

ASEAN
Increase due to strong shipments inIndonesia and the Philippines

1H, FY2022 Actual

1H, FY2023 Actual
Copyright © 2023 SIIX Corporation All rights reserved.

6

Consolidated Financial Result of 1H, FY2023• SGA(JPY in millions)

1H, FY2022%
amount1H, FY2023%
amountChanges%amount

3,729

3.0

3,960

2.6

230

6.2

157

0.1

237

0.2

80

51.0

1,550

1.2

1,511

1.0

-39

-2.5

Commission fee

461

0.4

509

0.3

47

10.3

Rent expenses on real estates

106

0.1

130

0.1

24

22.6

Depreciation

756

0.6

838

0.6

82

10.9

Other expense

1,364

1.1

1,652

1.1

287

21.1

Total

8,126

6.5

8,840

5.9

713

8.8

Personnel expenses
Traveling andcommunication expenses
Freightage and packing expenses

Copyright © 2023 SIIX Corporation All rights reserved.

7

Consolidated Financial Result of 1H, FY2023• Non-Operating Profit and Loss
(JPY in millions)

1H, FY2022

Interest income
Dividends income
Share of gain of entities accounted for using 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
Copyright © 2023 SIIX Corporation All rights reserved.

7
6
98
100
96
139
110
141
701
287
93
138
519
181

1H, FY2023

94
116
11
61
74
153
86
283
880
591
56
88
736
143
8

Consolidated Financial Result of 1H, FY2023• Balance Sheet
End of
1H, FY2022

End of
FY2022End of
1H, FY2023

Changes(1H,FY2022 vs. 1H,FY2023)

amountamount%(JPY in millions)

Current assets

Changes(FY2022 vs. 1H, FY2023)
Impact of%exchangerate

net

142,902150,275

161,064

18,161

12.7

10,788

7.2

9,191

1,596

53,692
72,14155,09173,42864,67775,341

10,986
3,200

20.5

17.4

4.4

9,587
1,913

2.6

3,059
4,654

6,526
-2,742

Noncurrent assets

54,07554,89459,255

5,180

9.6

4,362

7.9

3,328

1,033

Total asset

196,978

205,170

220,320

23,342

11.8

15,150

7.4

12,5202,629

Current liabilities
Accounts payable-trade
Short-term loans payableNoncurrent liabilities
Corporate bonds
Long-term loans payable

87,66237,37035,632
31,055
10,00015,201

96,59841,73336,136
31,182
10,00015,12597,73843,98235,31835,466
10,00019,29010,076
6,612
-314
4,411
4,090

11.5

1.2

26.9

1,141
2,249
-818
4,284
4,165

27.5

5,235
2,252
2,013
1,049
891

-4,094-2-2,831
3,234
3,274

Total liability

118,718

127,780

133,205

14,487

12.2

5,425

4.2

6,285

-860

Net assets
Minority interests

78,260448

77,389430

87,114
453

8,855
4

11.3
1.0

9,725
23

12.6
5.3

6,235
-331

3,489
353

Total asset and liability

196,978

205,170

220,320

23,342

11.8

15,150

7.4

12,5202,629

Notes and accounts receivable-trade
Inventories

Copyright © 2023 SIIX Corporation All rights reserved.

17.7
-0.9
14.2
-

5.4
-2.3
13.7
-

9

Consolidated Financial Result of 1H, FY2023• Cash Flow

(JPY in millions)

1H,
FY2021

1H,
FY2022

1H,
FY2023

FY2021

FY2022

Net cash from operating activities

2,185-3,435

5,210-8,106

5,567

Net cash from investing activities-2,185-4,073-5,805-7,765-8,892

Net cash from financing activities-9,089

5,768

-887

869

6,676

Cash and cash equivalents

15,0598,894

13,334

9,315

13,652

Debt to annual cash flow ratio (years)

-

-

-

ー

10.3

16.7

-

9.0

ー

7.6

Interest coverage ratio (X)Copyright © 2023 SIIX Corporation All rights reserved.

10

Consolidated Financial Forecast of FY2023
FY 2021 Actual

FY 2022 Actual%(JPY in millions)

FY 2023 Forecast
%

%

Sales

226,833

Operating income

4,954

2.2

8,929

3.2

11,300Ordinary income

5,934

2.6

8,337

3.0

Profit attributable toowners of parent

4,561

2.0

4,737

1.7

Net income per share
(JPY)

96.53

Assumption rate(USD)

277,031¥109.95

300,000％

diff.

22,968

8.3

3.8

2,370

26.5

10,200

3.4

1,878

22.5

7,700

2.6

3,044

64.3

62.67

62.6

100.11

162.78¥131.22¥127.00

Copyright © 2023 SIIX Corporation All rights reserved.

FY2022 vs. FY 2023

11

Consolidated Financial Result of 1H, FY2023• CAPEX（JPY in millions）• Depreciation

6,000

6,000

5,000

5,000

4,000

4,000

6,022

3,000

3,000

5,031

4,823
2,000

2,000

1,000

1,000

0

1H,
FY2022（JPY in millions）

2H,
FY2022

1H,
FY20230

Copyright © 2023 SIIX Corporation All rights reserved.

3,650

1H,
FY2022

4,064

4,258

2H,
FY2022

1H,
FY202312

Current Situation of Midterm Business Plan
TargetExpandingbusiness withmajor global
companies

Contributing to
a decarbonizedsocietythrough ourbusiness

Diversity
management

KPI for 2023

1H, 2023
17.7％ of consolidated sales

Expansion of non-Japanese ratio

25% of consolidated
sales

Strengthen allianceswith technology partner

5 billion yen of
consolidated sales

Demand from public sector calmed down and decreased YoY

Business developmentin the medical field

5 billion yen of
consolidated sales

Slight increase from the previous year due to COVID-19.
Continue to develop business opportunities around the world.

Expansion of Non-commodity Business（Automotive-related and Industrial
equipment）

85% of consolidated
sales

Expansion of CASE-related business

35 billion yen of
consolidated sales

Increase the number of projects with European customers
around the world
Negotiations underway in other areas

Expansion of battery-related business10 billion yen of
consolidated sales

Battery peripheral device project is in preparation for mass
production.
Negotiations underway in the portable equipment, medical
equipment, and mobility fields

Improvement of local executives' ratio

80%

77.4%

Improvement of female executives' ratio

50%

32.3%

Expansion of business for non-Japanese customers into multiple
regions

81.1% of consolidated sales
Year-on-year increase in industrial equipment (in-flight AV equipment,etc.) and automotive-related equipment fields

Copyright © 2023 SIIX Corporation All rights reserved.

13

Topics• Thailand plant expansion completed in May, doubling manufacturing capacity.
• Batam Plant (Indonesia) started mass production for automotive equipment. All 11 plants are capable of automotive
production.
• Contract with a major pure Chinese Tier 1 company for finished product modules (Direct delivery to Chinese automotive
manufacturer started).
• Strengthened approach and negotiations with Korean companies.
• Contract for protection circuit module for EV Battery.
• Cultivate Automotive parts business (Ignition coil, TPMS etc.)• Started electronic components business (sensors, connectors, etc.)• Challenge in the field of chemitronics (nanotechnology, etc.)• Expand joint design and manufacturing services• Expand in-house production of automation and labor-saving equipment
Copyright © 2023 SIIX Corporation All rights reserved.

New building in Thailand
14Basic Policy and Activities of the SIIX’s Manufacturing Plant in 2023
Continue to promote Manufacturing DX (Digital transformation)
Promote three transformations by utilizing digital technology

Strengthen core competence• Implementation of manufacturingsubcommittee• Engineer education and overseas dispatch(Hungary: 11, Mexico: 6)• Dispatch of operators

Smart FactoryManagement
Transformation
ESG
Responsiveness• Visualization: Production progress monitors installed(already installed in Philippines, Batam, Jakarta, Thailand, andSagamihara)• Installation of automated warehouses

Real-time
Management(already installed in Dongguan and Sagamihara, to be installed in
Philippines and Mexico)(Hungary: 24 at present, 49 to be sent)• Establishment of KPI focusing on
production volume (UPH management)

Manufacturing Site
Transformation
Optimization ofequipment efficiency(already installed at all production bases)

SIIX
Manufacturing DX

Optimization of
Production Process
Quality & Productivity

Skill Transfer
Human Resource
Development• Installation of automated equipment and robots

Optimization of
the value chain

IT/ Operations
Transformation

Visualization

Automation

OT-IT interoperation
OT：Operational Technology
Data available from facilities, etc.
Copyright © 2023 SIIX Corporation All rights reserved.

15

Key Measures for SIIX Manufacturing DX
ONE JAPAN
Thailand
Plant●Block Operations●Interblock Connections

Japan (Sagamihara) Plant
・Enhancement of Manufacturing Management

ONE CHINE
Operation
China(Hubei) Plant

・Smart Factory
・Visualization
・Automation
・Manpower reduction

China(Dongguan) Plant

Smart Factory

Philippines Plant
Share
Information

Indonesia(Batam) Plant
Indonesia (Karawang) Plant

GlobalStandard

SIIX
Manufacturing
Transformation
DX

China(Shanghai) Plant

ONE INDONESIA
Operation

ONE PHILIPPINES
Operation

Management

Core Competence・Global Data
・Global Network

・Reinforcement of mounting tech.
・Strengthen manufacturing tech.
・Introduction of advanced tech.
・Quality Control

Philippines(Mold, Die) Plant

Human
Development
・Development of global human resources
・Development of teamwork

ONE EUROPE
Operation
RobustGENBA

Slovakia Plant

・Realization of a strong work site・Quality・Manufacturing efficiency
・Strengthen education

Hungary Plant

Mexico Plant
Copyright © 2023 SIIX Corporation All rights reserved.

16

Enhancement of mechanisms to support collaboration between factories
Sharing manufacturing, technical, and quality information
with factories around the world through a horizontal support system
Information sharingof quality measures

SMAPS (Siix Manufacturing Platform System)
In Operation

Between manufacturing sites
ZERO Identical defects

BCP utilization

New Technology
Information

Quality Information

Element Work
Knowhow sharing

Manufacturing
Technology Information

In Operation

In Operation

SMAPS
D/B
-Cloud-Standard Manual
Procedure Manual

Equipment Information

In Operation

In Operation

Know-How for Improvement

Equipment relatedInformation Management

Instruction Material
Check GENBA with Online
Facilitating Improvement

Management of shared manualsof global standards

BCP Document
Management

Human Resource
Development Materials
Management

Creating a system to utilize all types of information in real time at each WW site

Copyright © 2023 SIIX Corporation All rights reserved.

17

Initiatives for Smart Factories
Acceleration of automation through global structure
Design and development of automatic machines to introduction➡Deployment of common equipment and establishment of support system for equipment introduction
FADC（Factory Automation Development Center）Establishment of facilities design unit (Indonesia)
HRDC (Human Resource Development Center) Expansion of Technical Support Unit (Philippines)
Establishment of an overseas development system for automatic machinery (GED, FADC, HRDC)
SIIX HQ
Global Engineering Dept. (Sagamihara, Japan)

GED (Japan)•••

Governance Functions
Quality and Technology
Equipment and new
construction method study

GED (Philippines Branch)•••

AOI Technical Center
Technical Support Center(equipment installation anddispatch of engineers)

Slovakia

Hungary

Batam

Jakarta

DongguanShanghai

Hubei

MexicoCopyright © 2023 SIIX Corporation All rights reserved.

GED (Indonesia Branch)••

Factory Automation
Development
Automatic Machine Design

Philippines

Thailand

Sagamihara (Japan)
18

Indonesia Factory Automation Development Center (FADC) Activities
In-house production of automatic machines and global introduction
GlobalEngineering
Dept.
（Japan）• Automation Line Design• Automated Machine
Development and Design• Automatic machine
GED Indonesia
development training
Branch• Automatic Machine
Introduction Evaluation• Technical Assistance
GED Philippines Branch• Dispatch of engineers
Technical Support Center• Automatic machine
Support for equipment installation,
introduction training

FADC Structure
GED (Japan)
FADC Admin (Indonesia)
Drafters

2 persons(Mechanism design)

Electrical design
2 persons
PLC Program
2 personsintroduction, and start-up
Sxx

Document management
1 person

SHU
Hungary

SEM

SEK
SEI

SEP

Start of project between Indonesia, Philippines, Mexico and Japan

Indonesia
MexicoPhilippines

Development and design of automatic machines (Indonesia)
Evaluation of manufacturability and introduction support (Philippines)
Introduction and mass production of automatic machines (Mexico)
Governance function (Japan)

Copyright © 2023 SIIX Corporation All rights reserved.

19

Philippines Human Resource Development Center (HRDC) Activities
Molding
MexicoChina

SHBPhilippines● Global Support for Filipino Engineers
Hungary Plant：11 persons
Mexico Plant： 6 persons
Total of 17 engineers being dispatched

SEM

SCP
Molding Technical Support

SEI● Philippines Temporary Staffing

Indonesia

GlobalEngineering Dept.
（Japan）

Started dispatching workers

GED
Philippines Branch

Already dispatched 24 workers to the
Hungary Plant
Plans to dispatch a total of 49 workers

Technical support
for substrate manufacturing

Sxx

SHU
SEM
Hungary

Sxx● AOI Technical Center in the Philippinesfrom 3 to 5 staff.
Strengthening the system to support Hungary
plant and Mexico plant

MexicoCopyright © 2023 SIIX Corporation All rights reserved.

20

CO2 Reduction Activities
Solar panel installation status
Plant

2021
Q1

2022
Q1

Q2

Q3

2023
Q4

Q1

Q2

Q3

2024
Q4

Q1

Q2

Q3

2025
Q4

Q1

Q2

Q3

Q4

Shanghai Plant
Mexico Plant
Indonesia(Karawang)
Plant

Shanghai Plant

Mexico Plant

Indonesia(Karawang) Plant

Dongguan Plant
Philippines Plant

Dongguan Plant
Indonesia(Batam) Plant
New
Building

Thailand Plant

Renewable Energy Use
Europe Area 100% of
Renewable energy use

Area

Activity Ratio

Electronic Power

Start of use

Germany Sales Office

100%

Wind, Solar

2021~

Slovakia Plant

100%

Wind, Solar, Hydro, Biomass

2023~

Hungary Plant

100%

Wind, Solar, Hydro, Biomass

2023~

Philippines Plant

45%

Wind, Solar

2022~

Japan Plant

100%

Non-fossil certificate

2023~

Copyright © 2023 SIIX Corporation All rights reserved.

21

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

Environment

SCOPE 1SCOPE 2SCOPE 3TOTAL

vs 202142% cut

vs 202125% cut

2021

2022

Total CO2 emissions reduction activities

924t

1,658t• Considering effective ways to reduce emissions, such as converting company automobiles
to EVs.

2,553t69,484t

vs 2021
96.4% cut

• Solar panels installed (Shanghai, Dongguan, Mexico, Indonesia); to be installed in
Thailand and the Philippines in the future.
• Switching to electricity derived from renewable energy sources(100% at Sagamihara Plant and Europe area, 45% in the Philippines)• Renewable energy utilization rate: 3.6% in FY2021, 6.6% in FY2022, 14% in the firsthalf of FY2023• Purchase non-fossil certificates to offset non-renewable energy power
Zero CO2 emissions outside of Europe and Japan.
• Promote energy-saving activities (implement energy saving during downtime of solder
hardening furnaces, consider energy-saving effects of centralized air conditioner
management).
• Switch production facilities to energy-saving models (add power consumption as acriterion for capital investment).

583,026t

601,690t• In the future, we will conduct regular interviews with suppliers to improve the accuracy ofemissions data and reduce CO2 emissions for the entire supply chain.

653,434t

605,901t• Obtained third-party assurance (SCOPE 1,2,3)• CDP Score: Climate Change B- (FY2021)

Copyright © 2023 SIIX Corporation All rights reserved.

22

Initiatives in ESG

SocialContributions to Society
Donated through UNHCR for the Turkey-Syria Earthquake
Hosted an opera performance by the Slovak National Opera in Osaka (fourth time since 2017).
Announced sponsorship of the "OSAKA Children's Dreams" project in January 2023 and again in 2024.

Human
Resource
Activity

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

Target*Executives: Manager and above

80%

1H,
2023

77.4%

Target

50%

1H,
2023

32.3%

Governance

Progress in Compliance with Revised Companies Act and Corporate Governance CodeDiversity

Appointment of female directors (internal) and female corporate auditors (external) at the 2023 General Meeting of
Shareholders. 3 out of 18 executive officers (including those concurrently serving as directors) are female.

Disclosure

Already taken action regarding further enhancement of the Directors' skill matrix in the Notice of Convocation of theGeneral Meeting of Shareholders and the establishment of an electronic platform for voting.

Risk
Management

Strengthen risk management to ensure the company's sustainable growth and achievement of the medium-term
management plan. Specifically, identify risks on a company-wide basis at strategy meetings attended by all group
executives, and thoroughly strengthen responses (strategic risk, financial risk, hazard risk, and operational risk).

For more information on our sustainability initiatives, please refer to our Integrated Report 2022.
Copyright © 2023 SIIX Corporation All rights reserved.

23

Shareholder Return

Plans to increase dividends for
17 consecutive fiscal years

40.0
35.0
30.0
25.0

¥26.0

FY2016FY2017¥29.0

FY2018FY2019FY2020

FY2021

¥31.0

¥32.0

FY2022

FY2023
FY2023(forecast)(forecast)

¥21.0

20.0
15.0

¥25.0

¥27.0

¥28.0

¥30.0

¥15.0

¥16.0

¥17.0

FY2012FY2013

FY2014

10.0
5.0
0.0

FY2012FY2013

FY2014FY2015FY2015FY2016FY2017FY2018FY2019FY2020

FY2021

FY2022

Dividends per
share(JPY)

15.0

16.0

17.0

21.0

25.0

26.0

27.0

28.0

29.0

30.0

31.0

32.0

Dividends ratio(%)

23.0

22.7

19.4

15.2

18.7

18.1

20.5

35.8

79.5

31.1

31.0

19.7

# of Treasury Stock
Acquisition
Amount of treasury stockacquisition (JPY)

-

-

-

-

508,900
2,000 mil.

-

2,035,700
4,000 mil.

Copyright © 2023 SIIX Corporation All rights reserved.

-

-

-

-

-

24

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 website, 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 the website 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 © 2023 SIIX Corporation All rights reserved.

25

Consolidated Financial Resultof 1H, FY2023 <Appendix>
August 2023
SIIX Corporation

Profit and Loss
(JPY in millions)

Net sales

1H,
FY2021

1H,
FY2022

1H,
FY2023

FY2021

FY2022

109,470

125,467

150,612226,833

277,031

2,541

3,457

5,711

4,954

8,929

2.3

2.8

3.8

2.2

3.2

2,917

3,639

5,855

5,934

8,337

2.7

2.9

3.9

2.6

3.0

Profit attributable to owners ofparent

2,452

1,579

3,941

4,561

4,733

Profit attributable to owners ofparent ratio(%)

2.2

1.3

2.6

2.0

1.7

# of Consolidated subsidiaries

22

22

21

22

22

# of Equity method affiliates

2

2

3

2

2

11,64812,71911,394

12,354

12,734

Operating income
Operating income ratio (%)
Ordinary income
Ordinary income ratio (%)# of Employees<Appendix> Copyright © 2023 SIIX Corporation All rights reserved.

1

Management Indicators
1H,
FY2021

1H,
FY2022

1H,
FY2023

FY2021

FY2022

ROE

（％）

-

-

-

7.5

6.6

ROA

（％）

-

-

-

3.8

4.4

0.7

0.7

0.7

1.4

1.5

40.3

68.6

61.3

63.6

64.2

0.6

0.8

0.8

0.8

0.8

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

D/E ratio
Current ratio

（％）

178.7

163.0

164.8

153.8

155.6

Accounts receivable
turnover ratio *

(day)

65.1

72.2

72.6

67.9

67.9

Inventory turnover ratio

(day)

67.0

94.8

90.1

76.2

86.7

PBR

(X)

1.1

0.6

0.9

1.0

0.8

PER

(X)

-

-

-

14.7

12.7

* Accounts receivable turnover ratio for FY2022 is calculated using FY2021 trade receivables and FY2022 trade receivables including contract assets.
<Appendix> Copyright © 2023 SIIX Corporation All rights reserved.

2

Capital Structure
FY2018FY2019FY2020

FY2021

FY2022

1H,
FY2023(JPY in millions)

Total asset

137,350

143,391

144,436

169,921205,170

220,320

Liability

81,33485,14187,937

103,551

127,780

133,205

interest-bearing debt

32,96938,66747,471

51,35063,15066,584

Net asset

56,01658,24956,49866,36977,38987,114

Capital-to-asset ratio (%)

40.5

40.3

38.8

38.8

37.5

39.3

Closing stock price (JPY)

1,430

1,523

1,543

1,416

1,277

1,565

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

49.2

50.2

50.5

39.4

29.4

33.4

50,40050,40050,40050,40050,40050,4001,178.04

1,224.26

1,186.71

1,393.92

1,625.55

1,839.72

Issued stock (thousand)
BPS<Appendix> Copyright © 2023 SIIX Corporation All rights reserved.

3

Sales by market sector
1H,
FY2021

1H,
FY2022

1H,
FY2023(JPY in millions, %)FY2021
full year

FY2022%

full year%

Automotive-related
equipments

61,962

74,117

90,166

127,31756.1

162,52258.7

Industrial equipments

19,67423,30332,03741,85018.4

56,24020.3

Home appliances

11,632

12,602

14,00722,782

10.0

27,411

9.9

Information equipments

10,108

12,963

12,17020,565

9.1

27,018

9.8

Others

6,094

2,481

2,233

14,320

6.3

3,841

1.4

Total

109,470

125,467

150,612226,833

100.0

277,031

100.0<Appendix> Copyright © 2023 SIIX Corporation All rights reserved.

4

SIIX GLOBAL NETWORK(As of end of Jun. 2023）

Headquarters
Trading / Logistics Subsidiary
Manufacturing Plant
Partner (EMS subcontract, alliance)
Injection molding Factory

20
11
13
2

Others: Design and Development
4
Component Manufacturing3
Machinery and Chemical Goods 4※Not included in above MAP<Appendix> Copyright © 2023 SIIX Corporation All rights reserved.

5

SIIX GLOBAL NETWORK – Manufacturing Factory(as of end of Jun. 2023）
China(Hubei)･SHB
China(Dongguan)･SED
Slovakia(Nitra)･SES

・8,216㎡
・334
・Automotive, Industrial etc.
・ISO9001, ISO14001, IATF16949

・37,338㎡
・1,566
・Scanner, A/C, Automotive
・ISO9001, ISO14001,
IATF16949

・69,854.45㎡
・209
・Automotive, HA,
Industrial etc.
・ISO9001, ISO14001,
IATF16949

Chine(Shanghai)･SJC
・30,606.22㎡
・283
・Industrial, HA,
Automotive etc.
・ISO9001, ISO14001,
IATF16949

Japan (Kanagawa)･SEJ
・6,234㎡
・109
・Industrial、Automotive、
Medical etc.
・ISO9001, ISO14001,
IATF16949
ISO13485, certificate ofPharmaceutical Affairs Law

Hungary(Nagycoros)･SHU
・17,330.03㎡
・320・Industrial、Automotive etc.
・ISO9001, ISO14001,
IATF16949
Thailand(Samut Prakan)･SET
・41,964㎡
・2,624・Digital Home Appliances, Automotive, Car audio etc.
・ISO9001, ISO14001, IATF16949,AS9100, AS9120,
ISO45001

Mexico(San Luis Potosi)･
SEM・35,391㎡
・1,872・Automotive, Industrial etc.
・ISO9001, ISO14001,
IATF16949

Philippines・SEP＜EMS, Mold, Die＞
・27,462㎡
・744
・Industrial, Automotive, Information etc.
Mold Manufacturing and injection molding
・ISO9001, ISO14001, IATF16949

Indonesia(Batam)・SEI(EMS & Mold)
・26,751㎡
・1,680・Scanner, Automotive, Toy etc.
・ISO9001, ISO14001, ISO13485

Indonesia(Karawang)･SEK
・26,284㎡
・1,069・HA, Automotive etc.
・ISO14001,IATF16949

Copyright © 2023 SIIX Corporation All rights reserved.

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

6

SIIX GLOBAL NETWORK – Sales & Logistics(as of end of Jun. 2023）

Germany(Dusseldorf)
SD

China
(Hubei)SHB

China(Shanghai)
SX

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

Copyright © 2023 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. 2023）

China(Shunde)

China(Hefei)

China(Shanghai)

GMSE

HMSE

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

TSE
TAKAYA SIIX Electronics

NO
IMAGE

Thailand(Ayutthaya)
STARSStars Microelectronics(Thailand)

NO
IMAGE

Singapore
SIIX-AGT

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

Copyright © 2023 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 © 2023 SIIX Corporation All rights reserved.

9