Consolidated Financial Resultof Q3, FY2022
SIIX Corporation

November 2022

Consolidated Financial Result of 3Q, FY2022• Profit and Loss
FY2021_Q3(JPY in millions)Salesamount％amountImpact ofchange inFX

FY2021_Q3 vs.
FY2022_Q3
diff.
％

FY2022_Q3％

163,807 100.0

201,917 100.0

38,10923

Gross Profit

14,721

9.0

19,078

9.4

4,357

30

SGA

11,122

6.8

12,513

6.2

1,391

13

Operating Income

3,598

2.2

6,564

3.3

2,965

82

Ordinary Income

4,233

2.6

6,464

3.2

2,230

53

Extraordinary
Income & Loss00.0-376-0.2-376-

Corporate tax

955

0.6

2,672

1.3

1,717

180

Profit attributable to owners of parent

3,274

2.0

3,418

1.7

1444

FY2021_Q3 vs.
FY2022_Q3, net
diff.(net)％20,861

17,248

10.5

500

2,465

68.5

Exchange rate
USDEUR
HKD
THB
RMB

2021_Q3
108.70129.89
14.00
3.45
16.79

2022_Q3
128.15136.17
16.36
3.70
19.38

• Scope of Consolidation
Changes
Increase Decrease

End of
FY2021_Q3

End of
FY2022_Q3

Consolidated Subsidiary22--22Equity Method Affiliate

2--2Copyright © 2022 SIIX Corporation All rights reserved.

1

Consolidated Financial Result of 3Q, FY2022• Sales
220200180(JPY in billions, %)Sales Q3
Sales Q2
Sales Q1

163.8

160
140

7.0

201.9
6.0
76.4

62.4
54.1

2.060

40
20

3.0

55.2

63.0

6.5

1.1

1.4

1.6

FY2022

1.5%(2.6%)
1.0%
1.8

0.5%(2.9%)

0.0
FY20212.5%

2.0%(2.0%)

1.0

3.3%(4.1%)

1.0(1.9%)

3.5%

3.0%

3.5(2.6%)0(JPY in billions, %)

3.1

5.0
4.012080

OP Q3
OP Q2
OP Q1
OP% Q3 accum.

2.2%

54.3100• Operating Profit

0.0%
FY2021

Copyright © 2022 SIIX Corporation All rights reserved.

FY20222

Consolidated Sales by Market Sector• Q3, FY2021 actual vs. Q3, FY2022 actual200(JPY in billions, %)

201.9

163.8

19.7(9.8%)
20.5(10.1%)

7.8(4.7%)

150

15.6(9.5%)
17.2(10.5%)

100

29.8(18.2%)

5091.9(56.1%)

Electronics Others

118.9(58.9%)

Home applianceIndustrial

FY2021_Q3 Actual
+13.9

200

FY2022_Q3 Actual+6.6+ 1.3+20.9

180
160

100

Machinery, Others

39.2(19.4%)

Automotive-related

2201202.2(1.1%)

Information

0140

1.6(1.0%)

1.4(0.7%)

163.8

Automotive-related
Exterior+7.4 Meter
Switch+1.6 ECU
AC+1.1Car Multimedia -2.3+2.1+1.3

IndustrialIn-flight AV equipment＋2.6
Power tool+1.2
Coin Accepter+0.7
Industrial sewing machine+0.6+1.3
Information
Office equipment+1.0Home applianceToyskitchen appliances
ACDigital appliances

Machinery
Others

+0.4- 6.3
ElectronicOthers

201.9

+0.6
+0.6
+0.4
- 0.6

Exchange rate
Copyright © 2022 SIIX Corporation All rights reserved.

3

Consolidated Sales by Area• Q3, FY2021 actual vs. Q3, FY2022 actual
220

Japan

200

Total sales slightly increased
due to sales increase inindustrial and automotiverelated equipment, despite
decrease due to change inrevenue recognition standards
for some PJs(JPY in billions)

Other

+0.8

+8.4+15.1

EuropeIndustrial equipment
performed well, but
automotive-relatedequipment was weak.

+12.4

180

+0.1

+1.2

160

ASEAN
CHINA

140

163.8120
100

Strong sales of automotiverelated equipment andindustrial equipment
Weak Yen also contributed
to sales increase

Increased shipment ofautomotive-related
equipment and homeappliance
Weak Yen also
contributed to sales
increase

Americas
Shipment of automotiverelated equipment increased

Q3, FY2021
Actual201.9

Q3, FY2022
Copyright © 2022 SIIX Corporation All rights reserved.

Actual 4

Consolidated Operating Profit by area
• Q3, FY2021 actual vs. Q3, FY2022 actual(JPY in billions)

EuropeDecrease due to higher fixed cost burden caused byshortage of certain components and higher energy prices

76

Increase due to sales increase

5+0.69+1.29- 0.20+0.19
Other4

Americas
Strong sales of automotiverelated equipment

36.5

Japan
Increase due to higher
sales of industrial
equipment and automotiverelated equipment(Operating loss in theprevious year)2
10+0.08

+0.91

China

ASEAN
Strong sales of automotiverelated equipment, etc. in
Thailand and Indonesia

Q3, FY2021

Q3, FY2022

ActualActualCopyright © 2022 SIIX Corporation All rights reserved.

5

Consolidated Financial Result of Q3, FY2022
End ofEnd of

End ofChanges

Changes

Q3, FY2021

FY2021

Q3, FY2022(Q3,FY2021 vs. Q3,FY2022)(FY2021 vs. Q3, FY2022)

amount(JPY in millions)

Current assets%

amountImpact of%exchange ratenet

111,079

122,797

158,02146,942

42.3

35,22428.7

19,306

15,91741,36051,16048,04458,24063,94374,391

22,583

54.6

15,898

33.1

6,608

9,289

23,231

45.4

16,151

27.7

9,913

6,237

Noncurrent assets

42,781

47,12356,49813,717

32.1

9,375

19.9

7,289

2,085

Total asset

153,861

169,921214,520

60,65939.4

44,59926.2

26,59618,003Current liabilities

65,204

79,833

97,58732,382

49.7

17,75422.2

10,295

7,459

34,40420,60537,29831,56145,43935,477

11,034

32.1

8,141

21.8

5,554

2,586

14,871

72.2

3,916

12.4

2,947

968

26,15523,71835,379

9,223

35.3

11,660

49.2

2,541

8,255

10,000
10,112

10,0008,446

10,00019,244

---

-

9,131

90.3

10,797

127.8

2,541

8,255

Total liability

91,360103,551

132,966

41,60645.5

29,41428.4

13,107

16,307

Net assets

62,50066,36981,55319,05230.5

15,18422.9

13,488

1,695

391

412

462

71

18.3

50

12.3

52-1

153,861

169,921214,520

60,65939.4

44,59926.2

26,59618,003¥115.02¥144.81

Notes and accounts receivable-trade*Inventories

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

Minority interests
Total asset and liability
Exchange rate (USD)¥111.92--*Including contract assets
Copyright © 2022 SIIX Corporation All rights reserved.

6

Consolidated Financial Forecast of FY2022(JPY in millions)

FY 2020
Actual %FY 2021
Actual %FY2021 vs. FY 2022
FY 2022
Forecast %
diff.
％

Sales

181,598

226,833

240,000

Operating income

4,452

2.5

4,954

2.2

8,000

Ordinary income

4,444

2.4

5,934

2.6

1,724

0.9

4,561

2.0

Profit attributable toowners of parent
Net income per share(JPY)
Assumption rate(USD)

13,166

5.8

3.3

3,045

61.5

8,000

3.3

2,065

34.8

6,000

2.5

1,438

31.5

30.42

31.5

36.48

96.53

126.95106.79109.95112.00

Copyright © 2022 SIIX Corporation All rights reserved.

7

CAPEX & Depreciation• CAPEX(JPY in millions)• Depreciation(JPY in millions)

8,000

14,00012,000
6,000

10,0008,000

4,000
12,9656,000
4,000

5,477

9,516

9,082

6,046

6,129

FY2020

FY2021

2,000
5,573

2,00007,1080FY2019FY2020

FY2021

FY2022FY2019(budget)Copyright © 2022 SIIX Corporation All rights reserved.

FY2022(budget)8

KPI for Midterm Business Plan
TargetExpandingbusiness withmajor global
companies

Contributing
to adecarbonizedsocietythrough ourbusiness

Diversity
management

KPI

In 2023

As of the end of Q3, 2022

Expansion of nonJapanese ratio

25% ofconsolidated sales

15.4％ of consolidated sales

Strengthen Reinforce
alliances with technology

5 billion yen of
consolidated sales

Business for government offices declined YoY,
but preparing for another new order for 2023

Customer development in
the medical field

5 billion yen of
consolidated sales

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

Expansion of Noncommodity ratio（Automotive-related andIndustrial equipment）

85% ofconsolidated sales

Expansion of CASErelated business

35 billion yen of
consolidated sales

Increasing number of European customers worldwide
Negotiations are underway in other areas.

Expansion of batteryrelated business10 billion yen of
consolidated sales

Increased orders for battery packs

Improvement of local
executives' ratio

80%

77.8%

Improvement of female
executives' ratio

50%

32.2%

Expansion of business for non-Japanese customers into multiple regions.

78.3% of consolidated sales
Demand recovered for in-flight AV equipment and power tools and increased YoY in
the automotive-related

Copyright © 2022 SIIX Corporation All rights reserved.

9Topics• Recovering from Q2 Lockdown in Shanghai• Preparing to expand battery business in Mexico• Expansion of transactions with non-Japanese and Japanese customers
Business with European customers is expanding to other regions (ASEAN, Mexico). Business negotiations with many
European customers are in progress. Signed a contract with a Japanese customer for an automotive project.

• Expanding business with electronic component manufacturers.
Co-creation with component manufacturers for the modularization of components• Collaboration with Technology Partners
Fusion of chemical fields such as conductive inks, coatings, and adhesives with electronic devices and components
Creation of IoT-related and battery-related businesses

Copyright © 2022 SIIX Corporation All rights reserved.

10Initiatives in ESG

GovernanceSocialEnvironment

Total CO2 emission reduction target for 2030
FY2021

Targetvs. 2021

SCOPE 1SCOPE 2SCOPE 342%
25% cutcut

SCOPE 1SCOPE 2SCOPE 3TOTAL

924t
69,484t
583,026t
653,434t〔Total CO2 emissions reduction activities〕
・ Installation of solar panels
Already in operation in Shanghai, Mexico, Jakarta and Dong Guan, withplans to install in Batam, Philippines, and Thailand in the future.
・Switching Purchased Electricity to Electricity Derived from Renewable
Energies
・Conversion to LED lighting
・Switching production facilities to energy-saving models
Add power consumption as a criterion for capital investment
etc. under consideration*Executives: Manager and above

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

80%

3Q,
2022

77.8%

Target

50%

3Q,
2022

32.2%

Complying with the Revised Corporate Governance Code・ Already taken action regarding disclosure of skills matrix, number of independent directors, independence of Nomination and Remuneration Advisory
Committee, establishment of electronic platform for voting, etc.
・ With regard to diversity, we have traditionally disclosed the ratios of female and non-Japanese executives as our own KPIs.
・ Climate change-related disclosures were made in the Integrated Report based on the TCFD. （Reference：Integrated Report 2022）
・ Compliance awareness was raised this year at a strategy meeting attended by the entire group's executives.

Market restructuring

・Listed on the Prime Market in Tokyo Stock Exchange
Copyright © 2022 SIIX Corporation All rights reserved.

11

Shareholder ReturnPlans to increase dividends for 16consecutive fiscal years
79.5

FY2011FY2012FY2013

FY2014FY2015

Dividends per share(JPY)

14.0

15.0

16.0

17.0

21.0

Dividends ratio(%)

24.3

23.0

22.7

19.4

15.2

-----acquisition (JPY)FY2017

25.0

26.0

18.7

18.1

※

508,900# of Treasury Stock Acquisition
Amount of treasury stock

FY20162,000 mil.

FY2018FY2022FY2019FY2020

FY2021

27.0

28.0

29.0

30.0

31.0

20.5

35.8

79.5

31.1

24.4

----(forecast)

2,035,700-

4,000 mil.

※includes commemorative dividend 1.00 yen

Copyright © 2022 SIIX Corporation All rights reserved.

12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.
• 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 © 2022 SIIX Corporation All rights reserved.

13