July 14, 2021
NACHI-FUJIKOSHI CORP.
Outline䠍䠊Overview of the Business Results
For the First Half of FY2021䠎䡚 䠓䠎䠊Overview of the Business Forecastfor FY2021

䠔䡚䠍䠒Results for the First Half of FY2021

1H Actual(Billion JPY)

FY20201H(A)FY2021
1H(B)Net Sales

Increase/Decrease(B) – (A)㸩㸣㸩

OperatingIncome㸣㸣㸩㸣㸩

OrdinaryIncome㸣

㸣



㸩㸣㸩㸩㸣㸩Net Income
Exchange rate
㸦USD㸧㸦Euro㸧
㸦RMB㸧


-3<-3<-3<-3<-3<DSSUHFLDWLRQ-3<GHSUHFLDWLRQ-3<-3< -3<GHSUHFLDWLRQConsolidated Financial Data

1H Actual(Billion JPY)

FY20201H (A)

Increase/Decrease(B) – (A)FY2021
1H (B)

ROE㸣㸣㸩SW

Total Assets



㸩



㸩   

Capacity Investment



Depreciation andAmortization













Stockholder’s Equity(Stockholder’s Equity Ratio)

Interest-bearing Debt
(Net D/E Ratio)㸣 

Number of Employees(persons)

㸣

Sales by Business Segment and Region(Sales by Business Segment)(Billion JPY) (YoY)㻝㻞㻜
㻝㻜㻜

Cutting toolsMachine Tools
㻤㻜Robots㻢㻜

Bearings
 Americas EuropeAsia(except China)



1H Actual(Sales by Region) 



China  
 
 
 
㻠㻜

HydraulicEquipment
㻞㻜



Others㻜Japan

   

㻲㼅㻞㻜㻞㻜㻌㻝㻴㻲㼅㻞㻜㻞㻝㻌㻝㻴㻲㼅㻞㻜㻞㻜㻌㻝㻴㻲㼅㻞㻜㻞㻝㻌㻝㻴

Causes of Changes in Operating Income(Increase㸸4.2)(Billion JPY)

Cost reduction

1H Actual䠄Decrease 䠖 0.4䠅

+0.5

Decrease in sales price-0.2

Rise in material price-0.2

Decline in fixed costs,SGA and others+0.6
Fluctuation ofexchange rate

㻡

+0.7



Incline of Operating rate
+2.4

㻢㻚㻠㻞㻚㻢㻜㻲㼅㻞㻜㻞㻜㻌㻝㻴㻵㼚㼏㼞㼑㼍㼟㼑㻌㼒㼍㼏㼠㼛㼞㼟㻰㼑㼏㼞㼑㼍㼟㼑㻌㼒㼍㼏㼠㼛㼞㼟㻲㼅㻞㻜㻞㻝㻌㻝㻴Sales and Operating Income by Business Segment 1H Actual(Billion JPY)

Others Components

Machinery &Tools

FY20201H (A)
Cutting Tools
Machine Tools
RobotsNet Sales
Operating Income
Bearings
Hydraulic Equipment
Net Sales
Operating Income
Net Sales
Operating Income
Total Net Sales
Total Operating Income

Increase/Decrease(B) – (A)FY2021
1H (B)

㸦㸣㸧 㸣㸧㸦㸣㸧  㸦㸣㸧㸦㸣㸧 㸣㸧 㸦㸣㸧 㸦㸣㸧㸣  㸣 㸩㸣  㸩㸣 㸩㸣 㸩㸩㸣 㸩㸩㸣 㸩㸩㸣㸩㸩㸣 㸩㸣 㸩㸣 㸩㸩㸣 㸩Consolidated Financial Highlights

FY2021e(Billion JPY)

FY2020(A)Net Sales

Increase/Decrease(B) – (A)FY2021
Plan (B)㸩㸣 㸩

Operating
Income㸣 㸣㸩㸣㸩

OrdinaryIncome㸣㸣㸩㸣㸩㸩㸣㸩Net Income

Exchange rate-3<-3<-3<(USD㸧(Euro㸧(RMB)

Cash Dividends-3<-3<-3<-3<GHSUHFLDWLRQ-3< -3< GHSUHFLDWLRQ-3<㸩 -3<Trend of business results every half year

FY2021e(Topics)

FY2019 2H 䠖 In third quarter hit the bottom, from the fourth quarterrecovered slowly because of an increase of car production
FY2020 1H 䠖 From the second quarter the recovery of industrial
machine and commercial product changed steadily
FY2020 2H 䠖 Continue to recover slowly(Billion JPY)
127.1

Sales

Operating income

121.9

7.4

5.8

112.0

103.7

97.2

7.1

134113.0

114

6.4

94
74

4.2

54
34

2.6

14

1H

㻲㼅㻞㻜㻝㻥

2H

1H

㻲㼅㻞㻜㻞㻜

2H

1H

Trends of the demandձ㻲㼅㻞㻜㻞㻝

2H-6



FY2021e(Trends by Region)
Japan

China
Japan
Automobile䠖Steadily
Industrial machine䠖 Recovery trend

China
Continue to expand, and adjust partiallyEurope, Americas, and ASEAN
Automobile and industrial machinerecover slowly
+ + 4 4 4 44 44 4)< )<)<+ + 4 4 4 44 44 4)< )<)<

Americas

Europe+ + 4 4 4 44 44 4)< )<)<+ + 4 4 4 44 44 4)< )<)<ASEAN

+ + 4 4 4 44 44 4)< )<)<

Trends of the demandղ

FY2021e(Trends by industry䠖Trends of production by main customer)
Automobile

+ + 4 4 4 4 4 4 4 4)<)<)<

Small Construction machine

Industrial machine (Machine tools)

+ + 4 4 4 4 4 4 4 4)<)<)<+ + 4 4 4 4 4 4 4 4)<)<)<

(Trends of main industries)

Automobile 䠖 It will steadily go mainly by Japanese companies.
We should focus on shortage of semiconducto㼞
Construction machine 䠖 The demand will expand mainly in China andEurope, Americas
Industrial machine 䠖 Electrical and electronics, Car component will recover Sales by Business Segment and Region(Sales by Business Segment)(Billion JPY) (YoY)㻞㻜㻜

&XWWLQJ WRROV

0DFKLQH7RROV
㻝㻡㻜

(Sales by Region) 㸩
 

$PHULFDV

5RERWV 㸩

 㸩$VLD
H[FHSW&KLQD
&KLQD
 㸩 㸩(XURSH 㸩FY2021e 㸩

%HDULQJV㻝㻜㻜㻡㻜+\GUDXOLF(TXLSPHQW-DSDQ 㸩 㸩

2WKHUV㻜 㻲㼅㻞㻜㻞㻜㻲㼅㻞㻜㻞㻝㻲㼅㻞㻜㻞㻜㻲㼅㻞㻜㻞㻝

Sales and Operating Income by Business Segment

FY2021e(Billion JPY)

Others Components

Machinery &Tools

FY2020(A)
Cutting Tools
Machine Tools
RobotsNet Sales
Operating Income
Bearings
Hydraulic Equipment
Net Sales
Operating Income
Net Sales
Operating Income
Total Net Sales
Total Operating Income

FY2021
Plan (B)㸦㸣㸧  㸦㸣㸧 㸦㸣㸧  㸦㸣㸧 㸦㸣㸧  㸦㸣㸧

Cost reduction+1.5㸣 㸩㸣 㸩㸩㸣 㸩㸩㸣  㸩㸩㸣  㸩㸩㸣 㸩㸩㸣 㸩㸩㸣㸣 㸩㸣 㸩㸣㸩㸦㸣㸧 㸩㸣㸩 㸦㸣㸧䠄 Increase 䠖 10.8䠅
+1.5

㸩㸣  㸩

FY2021e

Causes of Changes in Operating Income(Billion JPY)
Fluctuation ofexchange rate

Increase/Decrease(B) – (A)䠄 Decrease 䠖 4.2䠅Decrease in Sales prices -0.3
Rise in material price-0.7
Incline in fixed costs,
SGA and others-3.2

Incline of Operating rate+7.8㻝㻟㻚㻡㻢㻚㻤㻲㼅㻞㻜㻞㻜㻵㼚㼏㼞㼑㼍㼟㼑㻌㼒㼍㼏㼠㼛㼞㼟㻰㼑㼏㼞㼑㼍㼟㼑㻌㼒㼍㼏㼠㼛㼞㼟㻲㼅㻞㻜㻞㻝

Consolidated Financial Data

FY2021e(Billion JPY)

FY2020(A)FY2021
Plan (B)

Increase/Decrease(B) – (A)ROE㸣㸣㸩SWTotal Assets

㸩㸣 㸣 㸩





Stockholder’s Equity(Stockholder’s Equity Ratio)
Interest-bearing Debt
(Net D/E Ratio) 

Capacity Investment



㸩

Depreciation andAmortization㸩

Number of Employees(persons)

㸩㼔䡐䡐䡌㻦㻛㻛㼣㼣㼣㻚㼚㼍㼏㼔㼕㻙㼒㼡㼖㼕㼗㼛㼟㼔㼕㻚㼏㼛㻚㼖㼜㻛

These materials describe our future earnings forecasts and business plans,and are based on the assumption of an economic environment and business
policies that remain fixed as they are now. Therefore, please note that
actual earnings are subject to various factors, including market
fluctuations and currency fluctuations, which may result in a different
earnings forecast.

