Consolidated Financial Resultof Q3, FY2023
SIIX Corporation

November 2023

Consolidated Financial Result of 3Q, FY2023• Profit and Loss
FY2022_Q3(JPY in millions)％amount％FY2022_Q3 vs.
FY2023_Q3
diff.
％

FY2023_Q3
amountFY2022_Q3 vs.
FY2023_Q3, net
diff.(net)％Impact ofchange inFX

Sales

201,917100.0

229,691

100.0

27,77413.8

10,21017,5638.7

Gross Profit

19,0789.4

22,791

9.9

3,713

19.5

986

2,726

14.3

SGA

12,513

6.2

13,5865.9

1,072

8.6556516

4.1

Operating Income6,564

3.3

9,205

4.0

2,640

40.2

430

2,209

33.7

Ordinary Income

6,464

3.2

9,301

4.0

2,837

43.9

Exchange rate

Extraordinary Income & Loss-375-0.2

30.0

378

-

Corporate tax

2,672

1.3

3,211

1.4

538

20.1

Profit attributable to owners of parent

3,418

1.7

6,089

2.7

2,671

78.1

USD
EUR
HKD
THB
RMB

2022_Q3
128.15136.17
16.36
3.70
19.38

2023_Q3
138.04149.46
17.62
4.00
19.60

• Scope of Consolidation
End ofFY2022_Q3

Changes
Increase Decrease

End ofFY2023_Q3

Consolidated Subsidiary221221Equity Method Affiliate

21-3* The scope of consolidation has been changed as follows since 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)1

Consolidated Financial Result of 3Q, FY2023• Sales(JPY in billions, %)

229.7
201.9

10.0
Sales Q3

200

Sales Q279.1• Operating Profit

9.08.04.0% 4.0%

OP Q3OP Q2

6.6

Sales Q1

3.3%

3.5(4.4%)

3.5%
3.0%

150

OP Q1
OP% Q3 accum.

6.0

5.0

78.9
100

4.5%

9.2

7.0

76.4

(JPY in billions, %)3.0(3.8%)

4.0

62.4

2.5%

3.1
(4.1%)

2.0%
1.5%

3.0

1.6(2.6%)

1.0%

2.0

50

63.0

71.7

1.0

1.9
(2.9%)

2.7(3.7%)

0.00

FY2022

FY20230.5%
0.0%

FY2022
Copyright © 2023 SIIX Corporation All rights reserved.

FY20232

Consolidated Sales by Market Sector• Q3, FY2022 actual vs. Q3, FY2023 actual
201.9200.0

3.6(1.8%)

19.7(9.8%)
20.5(10.1%)
39.2(19.4%)

150.0(JPY in billions, %)229.7
18.3(8.0%)
20.6(9.0%)

3.5(1.5%)

47.6(20.7%)

OthersInformation
Home appliance100.0

118.9(58.9%)

50.0

Industrial

139.6(60.8%)

Automotive-related

0.0
FY2022_Q3 Actual

FY2023_Q3 Actual

250.0

+7.5

Exchange rate-0.7

Others-2.4

-0.3

+13.5
+10.2
200.0
Automotive-related

201.9
150.0

Exterior+4.8
Quasi-Millimeter wave radar +2.8
Battery-related+2.1
AC+1.9Switch +1.7
ABS+1.1
Camera -1.2Meter-2.3

Industrial
Power tool+4.7
In-flight AV equipment+3.8
Tags for livestock management +1.2
Coin Accepter+0.8
Commercial AC equipment+0.8
Industrial sewing machine -1.0
For government offices-1.8

Information
Office equipment
Home applianceToys+0.3
kitchen appliances +0.2
AC- 0.4
Digital appliances - 0.8

FY2022_Q3

- 2.4

229.7

FY2023_Q3

Copyright © 2023 SIIX Corporation All rights reserved.

3

Consolidated Sales by Area
• Q3, FY2022 actual vs. Q3, FY2023 actual(JPY in billions)

OtherJapan
230

Industrial equipment andautomotive-related equipment
performed well+11.1+4.3+7.9-2.0+6.3

EuropeShipments of automotiverelated equipment andindustrial equipment increased

210

ASEAN

China

190

Decrease in sales due to lower
shipments of home applianceand industrial equipment

201.9+0.3

Strong shipments ofindustrial equipment andautomotive-relatedequipment.
Weak Yen also contributed
to sales increase

Americas
Shipments of automotive-related
equipment and industrial
equipment increased.
Weak Yen also contributed tosales increase

229.7

170

150

Q3, FY2022 Actual

Q3, FY2023 ActualCopyright © 2023 SIIX Corporation All rights reserved.

4

Consolidated Operating Profit by area
• Q3, FY2022 actual vs. Q3, FY2023 actual(JPY in billions)

Other+0.76
9+1.55

China
Profit down due to lower
production of automotive-relatedequipment

8+0.48-0.52- 0.13

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

+0.49

9.2

7Americas
Profit increase due to higher sales

6JapanIncrease due to higher sales ofindustrial equipment andautomotive-related equipment

5ASEANProfit increase due to higher sales

Q3, FY2022 Actual

Q3, FY2023 Actual
Copyright © 2023 SIIX Corporation All rights reserved.

5Balance Sheet
End of Q3,FY2022

End of FY2022

End of Q3,FY2023

Changes(Q3, FY2022 vs. Q3,FY2023)

Changes(FY2022 vs. Q3, FY2023)

Current assets
Notes and accounts receivable-trade
Inventories
Noncurrent assets

158,02163,94374,391
56,498150,275
55,09173,42854,894

166,332
65,75575,97960,046

8,311
1,811
1,587
3,547

5.3
2.8
2.1
6.3

16,056
10,664
2,551
5,152

10.7
19.4
3.5
9.4

Impact ofexchange
rate
12,216
3,987
5,933
4,911

Total asset

214,520

205,170

226,379

11,858

5.5

21,20910.3

17,127

4,081

Current liabilities
Accounts payable-trade
Short-term loans payableNoncurrent liabilities
Corporate bonds
Long-term loans payable
Total liability
Net assets
Minority interests
Total asset and liability

97,58745,43935,47735,37910,00019,244
132,966

96,59841,73336,136
31,182
10,00015,125
127,780

101,224
46,05736,491
34,26010,00017,793
135,485

3,637
618
1,013
-1,119-1,451
2,518

3.7
1.4
2.9
-3.2
-7.5
1.9

4,626
4,324
354
3,077
2,667
7,704

4.8
10.4
1.0
9.9
17.6
6.0

6,810
3,308
2,216
1,217
1,027
8,028

-2,183
1,015-1,861
1,860
1,640
-323

81,553462

77,389430

90,894
466

9,340
4

11.5
0.9

13,504
36

17.4
8.5

9,099
33

4,405
3

214,520

205,170

226,379

11,858

5.5

21,20910.3

17,1274,081

amount%amount%(JPY in millions)Exchange rate (USD)¥144.81¥132.70

net

3,840
6,676
-3,382240¥149.58

Copyright © 2023 SIIX Corporation All rights reserved.

6

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

62.6100.11162.78¥131.22¥127.00

Copyright © 2023 SIIX Corporation All rights reserved.

FY2022 vs. FY 2023

7

Current Situation of Midterm Business Plan
TargetExpandingbusiness withmajor global
companies

Contributing
to adecarbonizedsocietythrough ourbusiness

Diversity
management

KPI

In 2023

As of the end of Q3, 2023

Expansion of nonJapanese ratio

25% of consolidated
sales

Strengthen Reinforce
alliances with technology

5 billion yen ofconsolidated sales

Demand from public sector calmed down and decreased YoY

Customer development inthe medical field

5 billion yen ofconsolidated sales

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

Expansion of Noncommodity ratio（Automotive-related andIndustrial equipment）

85% of consolidated
sales

Expansion of CASErelated business

35 billion yen of
consolidated sales

Increase the number of projects with European customers around theworld
Negotiations are underway in other areas.

Expansion of batteryrelated business10 billion yen of
consolidated sales

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

Improvement of local
executives' ratio

80%

78.4%

Improvement of female
executives' ratio

50%

32.7%

18.0％ of consolidated sales
Expansion of business for non-Japanese customers into multiple regions.

81.5% of consolidated sales
Year-on-year increase in industrial equipment (in-flight AV equipment, etc.) andautomotive-related equipment fields.

Copyright © 2023 SIIX Corporation All rights reserved.

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

Environment

SCOPE 1SCOPE 2SCOPE 3TOTALvs 2021
42% cutvs 2021
25% 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 conditionermanagement).
• 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.

9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.

HumanResource
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%

3Q,
2023

78.4%

Target

50%

3Q,
2023

32.7%

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 ofShareholders. 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.

10

Shareholder ReturnPlans 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

FY2022

¥32.0

¥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

FY2023
FY2023(forecast)(forecast)

Dividends pershare(JPY)

15.0

16.0

17.0

21.025.0

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.

-----

11

Disclaimer• The information contained in this document is intended to provide financial information andmanagement 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, pleaserefrain from making investment decisions based entirely on the information on this material
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.
• Some of the information in this material contains statements regarding future performance.
Such statements are not guarantees of future performance and are subject to risks anduncertainties. Please be aware that actual results may differ from these statements due tochanges in the environment and other factors.

Copyright © 2023 SIIX Corporation All rights reserved.

12