Financial Results for the 2 nd Quarter of Fiscal Year Ending March 31, 2016

Transcription

1 Financial Results for the 2 nd Quarter of Fiscal Year Ending March 31, 2016 November 2015 (Securities Code:7537 / TSE1st Section) Copyright MARUBUN CORPORATION All Rights Reserved.

2 1H FY3/16 Summary of Consolidated Financial Results Copyright MARUBUN CORPORATION All Rights Reserved.

3 1H FY3/16 Summary of Consolidated Financial Results Net sales increased by 24 billion (+19.9% YoY) Electronic Devices Business Increased 20.5% as a result of robust sales of Special-Use ICs for communication modules and other ICs for automobile and projector Electronic Systems Business Increased 15.9% as a result of inclusion a consolidated subsidiary and increase in Laser Operating income increased by 492 million (+53.3% YoY) Ordinary income increased by 924million (+162.6% YoY) Decrease in foreign exchange losses (402million) Net income Increased by 558 million (+206.5% YoY) Extra Ordinary Income and Losses Gain on sales of real estate for investment and Impairment loss Copyright MARUBUN CORPORATION All Rights Reserved. 3

4 1H FY3/15 Summary of Financial Results (\ million) 1H FY3/15 1H FY3/16 YoY Changes FY3/16 Initial Forecasts Composition Composition Actual Compositi Actual Amount % 1H Ratio Ratio on Net sales 123, % 147, % 24, % 137, % Electronic Devices 107, % 129, % 22, % 118, % Electronic Systems 15, % 18, % 2, % 18, % Gross profit 8, % 8, % % 8, % SG&A expenses 7, % 7, % % 7, % Personal expenses 4, % 4, % % - - Other 2, % 2, % % - - Operating income % 1, % % 1, % Non-operating income % % % - - Non-operating expenses % % (404) -57.6% - - Ordinary income % 1, % % % Extraordinary income % Extraordinary loss 4 0.0% % % - - Net income % % % % No. of employees at term-end 1,260 ー 1,282 ー % ー ー Copyright MARUBUN CORPORATION All Rights Reserved. 4

5 1H FY3/15 Electronic Devices Business Net Sales Breakdown by Product 129,599 ( million) 107,538 13,498 16,098 5,687 Electronic Components Increase for TV, PC and smartphone Custom IC Decrease in ICs for consumer electronics 9,181 47,361 7,032 12,026 1,746 16,372 1H FY3/15 66,501 8,691 11,148 1,557 19,587 1H FY3/16 Special-Use IC Increase in ICs for communication modules and projector Micro-Processor Increase in ICs for automobile and communication infrastructure Memory IC Decrease in ICs for PC Standard Logic IC Analog IC Increase in ICs for automobile and communication modules Copyright MARUBUN CORPORATION All Rights Reserved. 5

6 1H FY3/15 Electronic Devices Business Net Sales Breakdown by Product Application Communication Consumer Electronics Computers & OA Automobile Industrial & Other Market Trend Increase in ICs for communication modules and infrastructure Decrease in ICs for game consoles and digital cameras Increase in ICs for projectors Increase in ICs for car navigation systems, wireless communication and engine controls Increase in ICs for factory automation equipment Industrial Industrial & & Other Other Automobile 9% Computer & OA 16% 9% 1H FY3/15 107,538million Communication 43% 10% Computer & OA 15% 9% Automobile 1H FY3/16 129,599million Communication 49% Consumer Electronics 23% Copyright MARUBUN CORPORATION All Rights Reserved. Consumer Electronics 18% 6

7 1H FY3/15 Electronic Systems Business Net Sales Breakdown by Product ( million) 18,203 15,701 5,379 7,450 Medical Increase as a result of inclusion a consolidated subsidiary 1,478 1, ,804 6,626 Laser Increase in marking laser for industrial equipment Scientific Decrease in thin-film equipment for power semiconductor manufacturing Measurement & Inspection Decrease in electronic components inspection equipment 1,540 1,773 Space & Defense Electronics Increase in High-reliability Components for satellite 1H FY3/15 1H FY3/16 Copyright MARUBUN CORPORATION All Rights Reserved. 7

8 1H FY3/15 Factors Affecting Ordinary Income ( million) Increase in Gross Profit Decrease in SG&A Expenses Decrease in foreign exchange losses 29 Other Non-operating Income & Losses (291) 403 1, H FY3/ H FY3/16 6 Gross Profit Increase of Net sales 1H FY3/15: 8,166million(6.6%) 1H FY3/16: 8,948million(6.1%) Non-operating Income/Loss Decrease in foreign exchange losses 1H FY3/15: 453million 1H FY3/16: 50million Copyright MARUBUN CORPORATION All Rights Reserved. 8

9 End 1H FY3/15 Summary of Balance Sheets (\ million) FY3/15 End 1H FY3/16 End Changes in 6 m/s Actual Actual Amount Current assets 117, ,483 (3,601) Cash and deposits 21,725 14,459 (7,266) Notes and accounts receivable-trade 63,393 63, Inventories 28,818 31,266 2,448 Other 3,147 3, Noncurrent assets 11,228 10,080 (1,148) Property, plant and equipment 4,232 3,313 (919) Intangible assets (53) Investments and other assets 6,548 6,371 (177) Total assets 128, ,564 (4,749) Current liabilities 72,594 67,779 (4,815) Notes and accounts payable-trade 52,978 53, Short-term loans payable and other 15,300 9,605 (5,695) Other 4,316 4, Noncurrent liabilities 9,416 9,175 (241) Long-term loans payable and other 7,507 7,500 (7) Net defined benefit liability 1,194 1,184 (10) Other (224) Total liabilities 82,010 76,955 (5,055) Total net assets 46,302 46, Total liabilities and net assets 128, ,564 (4,749) Copyright MARUBUN CORPORATION All Rights Reserved. 9

10 1H FY3/15 Summary of Statements of Cash Flows (\ million) 1H FY3/15 1H FY3/16 Net cash provided by (used in) operating activities Actual Actual 8,123 (1,332) Income before income taxes 564 1,431 Decrease (increase) in notes and accounts receivable-trade 4, Decrease (increase) in inventories (6,135) (2,691) Increase (decrease) in notes and accounts payable-trade 11,132 (542) Other (1,515) (22) Net cash provided by (used in) investing activities (52) 560 Free cash flow 8,071 (772) Net cash provided by (used in) financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at end of period (3,082) (6,744) 5,529 (7,438) 24,505 14,074 Copyright MARUBUN CORPORATION All Rights Reserved. 10

11 Medium-Term Vision Strategies and Key Initiatives Copyright MARUBUN CORPORATION All Rights Reserved.

12 Summary of Medium-Term Vision Vision Slogan Transforming into a robust company that can realize sustainable growth Think & Action(T&A) View structural changes as an opportunity, accelerate management reforms, and conduct positive management to make a breakthrough Electronic Devices Four T&A (1) Expand the base business (2) Develop businesses in growing markets (3) Promote development of new products (4) Enhance global operations Target of Ordinary Income FY3/17 Electronic Systems Three T&A (1) Enhance engineering services (2) Strengthen system integration capability (3) Enrich product line-up 6billion Copyright MARUBUN CORPORATION All Rights Reserved. 12

13 Electric Devices Business: Four T & A (1) Expand fundamental business Supplier Shared strategy Marubun Systematically manage sales activities with the SFA* Measure the degree of achievement with KPIs* Build a technical support system Step up FAE* and sales activities Improve skills for proposing applications Customer *SFA Sales Force Automation A sales support system that makes effective use of information *KPI Key Performance Indicator Indices of significant business results for evaluation *FAE Field Application Engineer Sales personnel with technical knowledge on products and solutions who are capable of making technical proposals Copyright MARUBUN CORPORATION All Rights Reserved. 2

14 Electric Devices Business: Four T & A (2) Step up actions for growth markets Communications Focus attention on IoT* - Develop original evaluation boards and present different solutions to move the cultivation of the market forward. Focus Markets Automobiles Industrial Step up efforts related to ADAS* and other next-gen technologies. - Areas of differentiation, such as automotive navigation systems, meter panels, and engine controls contribute to business results. - Bolster efforts in North American market, Southeast Asian market, and other overseas markets. Focus energy on factory automation equipment. - Brisk sales of products for servo motors and sequencers. - Broaden the array of sensors and other products. Medical Develop projects in areas related to endoscopes and advanced medical systems. - Push ahead with project development in areas where Japan is a leader in hopes of accelerating their progress in the future. *IoT Internet of Things A technology for recognizing different things connected to the network, and how to control these things *ADAS Advanced Driving Assistant System A sophisticated system for automated driving and other forms of assisted driving Copyright MARUBUN CORPORATION All Rights Reserved. 3

15 Electric Devices Business: Four T & A (3) Promote development of new products Offering the latest technologies and products in form of solutions to at least 50 companies based mainly in the United States, Taiwan, and China Semiconductor OpenSilicon(ASIC) Baysand(ASIC) SanDisk(Flash/SSD) Baysand ASIC Electronic components Eink(E-Paper) Molex(Connector) IDT(Clock IC) CNI(Cover Glass) Eink E-Paper Ecology Winaico (Photovoltaic panels) Solar Einou Copyright MARUBUN CORPORATION All Rights Reserved. 15

16 Electric Devices Business: Four T & A (4) Enhance global operations Further build up overseas support capabilities through the use of Arrow s wide-ranging products, bases, and distribution data infrastructure Marubun/Arrow 9 countries, 23 bases Arrow Electronics 56 countries, 460 bases MARUBUN/ARROW (SHENZHEN) ELECTRONIC PRODUCT CONSULTING CO.,LTD. (Shenzhen, China) MARUBUN/ARROW(HK) LTD (Hong Kong, China) MARUBUN ARROW(THAI) CO., LTD (Bangkok, Thailand) MARUBUN ARROW(M) SDN BHD (Penang, Malaysia) Kuala Lumpur, Malaysia MARUBUN/ARROW(S) PTE LTD (Singapore) MARUBUN SEMICON(S) Pte.Ltd. (Singapore) MARUBUN CORPORATION Nanjing, China MARUBUN/ARROW USA, LLC Copyright MARUBUN CORPORATION All Rights Reserved. MARUBUN/ARROW(SHANGHAI) CO., LTD (Shanghai, China) Dalian, China MARUBUN CORPORATION MARUBUN/ARROW ASIA, LTD. Foothill Ranch MARUBUN SEMICON(SHANGHAI)CO.,LTD. (Shanghai, China) San Diego MARUBN TAIWAN INC. (Taipei, Taiwan) Guadalajara MARUBUN/ARROW(PHILS) INC. (Manila, Philippines) MARUBUN SEMICON(H.K.) LIMITED (Hong Kong, China) PT. MARUBUN ARROW INDONESIA (Jakarta, Indonesia) April,2014 MARUBUN/ARROW ASIA, LTD MARUBUN USA CORPORATION MARUBNU/ARROW USA, LLC (Headquarters: Santa Clara) Reno Denver Chicago Detroit Atlanta Dallas MARUBUN-ARROW MEXICO,S.de R.L.de C.V. (Head Office:Mexico city) September,2014 Establish operation bases, responding to the accelerated entry of automobile-related industries Other 16

17 Electric Systems Business: Three T & A Market-In & Customer-In concept Move ahead with differentiation by offering services and solutions that answer the varying needs of each individual customer (1) Enhance engineering services Strengthen (2) system (3) Enrich product integration line-up capabilities Customer Copyright MARUBUN CORPORATION All Rights Reserved. 17

18 Medium-Term Vision Progress of Business Strategies Copyright MARUBUN CORPORATION All Rights Reserved.

19 FY3/16 Summary of Consolidated Financial Forecasts Copyright MARUBUN CORPORATION All Rights Reserved.

20 FY3/16 Summary of Financial Forecasts Net sales expected 284 billion (+3.8% YoY) Electronic Devices Business Increase in ICs for automobile, industrial equipment and telecommunications infrastructure Electronic Systems Business Increase in medical equipment, inclusion a consolidated subsidiary and increase in laser equipment Operating income expected 4.5billion (-0.0% YoY) Gross profit margin Increase by expansion of net sales SG&A expenses inclusion a consolidated subsidiary Ordinary income expected 4.5 billion (+15.8% YoY) Foreign exchange losses Decrease of foreign exchange losses of 900millon yen in FY3/15 Net income expected 2.5 billion (+28.1% YoY) Copyright MARUBUN CORPORATION All Rights Reserved. 20

21 FY3/16 Financial Forecasts (\ million) FY3/15 FY3/16 YoY Changes Composition Composition Actual Ratio Forcast Amount % Ratio Net sales 273, % 284, % 10, % Electronic Devices 234, % 237, % 2, % Electronic Systems 39, % 47, % 7, % Gross profit 19, % 20, % % SG&A expenses 14, % 15, % % Operating income 4, % 4, % (2) 0.0% Non-operating income % % (151) -20.1% Non-operating expenses 1, % % (768) -54.2% Ordinary income 3, % 4, % % Extraordinary income 7 0.0% % % Extraordinary loss % % % Net income 1, % 2, % % Copyright MARUBUN CORPORATION All Rights Reserved. 21

22 FY3/16 Electronic Devices Business Net Sales Forecasts by Product (million) 234, ,000 28,014 31,139 14,587 10,905 Electronic Components Increase in PV panels, Connector and PCB Custom IC Decrease in ICs for consumer electronics 107, ,658 Special-Use IC Decrease in ICs for communication modules and game consoles 17,291 19,334 Micro-Processor Increase in ICs for automotive and OA 26,496 26,948 3,486 3,105 36,612 39,728 Memory IC Standard Logic IC Analog IC Increase in ICs for automobile and telecommunication infrastructure FY 3/15 FY 3/16 Actual Forcasts Copyright MARUBUN CORPORATION All Rights Reserved. 22

23 FY3/16 Electronic Systems Business Net Sales Forecasts by Product 47,000 (million) 39,254 14,582 20,080 Medical Increase in diagnostic imaging equipment and inclusion a consolidated subsidiary 3,822 1,318 4, Laser Increase in marking laser and network equipment Scientific Decrease in thin-film equipment for power semiconductor manufacturing 14,876 15,611 Measurement & Inspection Increase in wafer inspection equipment 4,655 5,531 Space & Defense Electronics Increase in components for satellite FY 3/15 FY3/16 Forcasts Actual Copyright MARUBUN CORPORATION All Rights Reserved. 23

24 FY3/16 Factors Affecting Ordinary Income (Forcasts) ( million) Increase in SG&A Expenses Increase in Gross Profit Decrease in foreign exchange losses Other Non-operating Income and losses (288) 4,500 3, (856) 904 Gross Profit SG&A Expenses Non-operating Income/Loss FY 3/ FY 3/16 6 Actual Increase by expansion of net sales FY3/15 : 19.1Billion FY3/16 : 20Billion Increase by inclusion a consolidated subsidiary FY3/15 : 14.5billion FY3/16 : 15.4billion Decrease in foreign exchange losses FY3/15: 903million FY3/16: Not Expect Forcast Copyright MARUBUN CORPORATION All Rights Reserved. 24

25 Return to Shareholders Change in a dividend policy Dividend Payout Ratio The greater, 25% or more(consolidated) or 30% or more(non-consolidated) 30% or more(consolidated) Dividends Forecast (\) FY 3/15 FY 3/16 (Forcasts) Annual Dividend per Share Interim Dividend UP Year-End Dividend Copyright MARUBUN CORPORATION All Rights Reserved. 25

26 Copyright MARUBUN CORPORATION All Rights Reserved. Appendix

27 Corporate Outline Establishment July 1947 Net Sales Electronic Devices 85.7% Electronic Systems 14.3% Capital 6,214 million Activities Distribution of Cutting-edge Electronics Products Headquarters Chuo-ku, Tokyo FY3/15 Results by Segment Consolidated Net Sales Numbers of Employees 273,683 million yen(fy3/15) 1,236(As of March 31,2015) Operating Income Electronic Devices 68.9% Electronic Systems 31.1% Copyright MARUBUN CORPORATION All Rights Reserved. 27

28 History of Company Operations Japan Over Seas 2013 Business acquisition Hokushin Rika Business acquisition of Foresight Techno Co.,Ltd Established Marubun Semicon Corporation to sell SUMSUNG Semiconductors. Established Marubun West Coporation 2001 Listed on the 1st Section of the Tokyo Stock Exchange Established Logistics Center Established Marubun Corp. to sell machinery, instruments and daily-use sundries The dry goods wholesale business discontinued; Horikoshi Office established to manage the property Dry goods wholesaler "Horikoshi" started a business, at the site of the present company headquarters, that went by the name Marubun. Copyright MARUBUN CORPORATION All Rights Reserved Established subsidiary in Thailand Listed on the 2nd Section of the Tokyo Stock Exchange Imported and sold ICs (made by TI) at first in Japan Established Marubun Tsusho Co.,Ltd Contracted with Rocke International, Inc., to serve as their representative office, and began import and sales of American machinery Established subsidiary in Indonesia and Mexico Established subsidiary in Shenzhen, China Established subsidiary in Malaysia Established subsidiary in Shanghai and Philippines Established subsidiary in Hong Kong Established subsidiary in Taiwan Established subsidiary in Singapore Established representative office in USA. Established Marubun/Arrow USA, LLC. Established Marubun/Arrow Asia Limited. (As Of Oct. 31,2015) 28

29 Trend of 10 years ( million) Net Sales Foreign Sales Ratio 300, % 250, % 200, % 150, % 100, % 50, % 0 FY3/05 FY3/06 FY3/07 FY3/08 FY3/09 FY3/10 FY3/11 FY3/12 FY3/13 FY3/14 FY3/15 0.0% Copyright MARUBUN CORPORATION All Rights Reserved. 29

30 Domestic Offices Operations Branch Sales Office Logistics Center Affiliated Company MARUBUN TSUSHO CO., LTD.(Head Office:Kanazawa) Kanazawa Toyama Fukui Matsumoto Nagano Nanao Hakusan Center Tokyo Kofu IKEDA IRYOUDENNKI CO., LTD (Head Office:Niigata) HOKUSHIN RIKA (Head Office:Nagano) Matsumoto Kofu Omiya Utsunomiya Carelectronics Office Himeji Carelectronics Office Hokuriku Tachikawa Minamisuna Technical Center Kyushu Satellite Office(Fukuoka) Hiroshima Satellite Office West Japan Operations (Osaka) Minamisuna Logistics Center East Japan Logistics Center Tokyo Head Office FORESIGHT TECHNO CO., LTD (Head Office:Koto-ku,Tokyo) MARUBUN WEST CORPORATION (Head Office:Kobe) Himeji Central Japan Operations (Nagoya) Copyright MARUBUN CORPORATION All Rights Reserved. Nagano Satellite Office Hamamatsu Satellite Office Mishima Satellite Office MARUBUN SEMICON CORPORATION (Head Office:Minato-ku,Tokyo) Osaka Nagoya (As Of Oct. 31,2015) 30

31 World-wide Sales Network Marubun/Arrow (Shanghai) Co., Ltd (Shanghai) Marubun USA Corporation Chicago Nanjing,China Marubun/Arrow (Shenzhen) Electronic Products Consulting Co., Ltd. (Shenzhen,China) Dalian,China Marubun/Arrow USA, LLC (Head Office:Santa Clara) Marubun Corporation Marubun/Arrow Asia, Ltd. Reno Denver Dallas Detroit Marubun/Arrow (HK) Ltd. (Hong Kong) Marubun Semicon (Shanghai) Co., Ltd. (Shanghai) Marubun Arrow (Thai) Co., Ltd. (Bangkok) Marubun Arrow (M) Sdn Bhd (Penang) Kuala Lunpur,Malaysia Marubun Taiwan Inc. (Taipei) Marubun/Arrow (Phips) Inc. (Manila,Philippines) Marubun Semicon (H.K.) Ltd. (Hong Kong) Foothill Ranch San Diego Guadalajara Atlanta Marubun-Arrow Mexico,S.de R.L.de C.V. (Head Office:Mexico city) Marubun/Arrow (S) Pte Ltd (Singapore) PT. Marubun Arrow Indonesia (Jakarta, Indonesia) Marubun Semicon (S) Pte Ltd. (Singapore) Marubun Corporation Marubun/Arrow USA, LLC Marubun/Arrow Asia, Ltd. Other Copyright MARUBUN CORPORATION All Rights Reserved. (As Of Oct. 31,2015) 31

32 Characteristic and Strength -Electronic Devices- Wide Range of Products made by Leading Semiconductor Manufacturers Global Sales Network in alliance with Arrow Electronics, Inc. Suggesting Solutions by high technology skill Electronic Devices Broad Customer base Broad Product Lineup Order Marketing Design Activity Order Supplier Purchase Our Function Sales Customer Just-in-Time Logistics Technical Support Global Support Copyright MARUBUN CORPORATION All Rights Reserved. 32

33 Affiliations -Electronic Devices- Company Headquarters Establishment Shares Principal Business Electronic Devices Marubun Semicon Corporation Minato-ku, Tokyo Mar % Marubun Semicon (Shanghai) Co., Ltd. Shanghai, China Mar % Marubun Semicon (H.K.) Ltd. Hong Kong, China Jan % Devices Business Marubun Semicon (S) Pte. Ltd. Alexandra Road, Singapore Nov % Marubun USA Corporation California, U.S.A. Oct % Devices Business/Holding Company Marubun Taiwan, Inc. Taipei, Taiwan Nov % Devices Business Marubun/Arrow Asia, Ltd. British Virgin Islands Oct % Devices Business/Holding Company Marubun/Arrow (S) Pte Ltd. Anson Road, Singapore Mar % Marubun/Arrow (HK) Ltd. Hong Kong, China Aug % Marubun Arrow (Thailand) Co., Ltd. Bangkok, Thailand Oct % Marubun/Arrow (Phils), Inc. Laguna, Philippines Oct % Marubun Arrow (M) SDN BHD Penang, Malaysia Jun % Marubun/Arrow (Shanghai) Co., Ltd. Shanghai, China Sep % Devices Business Marubun/Arrow (Shenzhen) Electronic Product Consulting Co.,Ltd. Shenzhen, China Jun % PT. Marubun Arrow Indonesia Jakarta, Indonesia Apr % Marubun/Arrow USA, LLC* Delaware, U.S.A. Nov % Marubun-Arrow Mexico, S. de R.L. de C.V.* MexicoCity, Mexico Sep % * Marubun/Arrow USA, Marubun-Arrow Mexico :Affiliate company Copyright MARUBUN CORPORATION All Rights Reserved. 33

34 Communication Consumer Computer & OA Automobile Industrial Main Products (by Application) -Electronic Devices- Application Electronic Devices Semiconductor Analog IC Analog Discrete Industrial & Standard Logic IC Other Memory IC Micro- Processor DRAM Flash MPU,MCU DSP ASSP Special-Use Display Driver IC DMD LED Custom IC Automobile 9.3% Computer & OA 16.6% 8.8% FY3/15 Electronic Devices 234,428million Communication 44.1% Erectronic Components LCD Panel OELD Crystal Device Connector,Swich,PCB Consumer 21.8% Copyright MARUBUN CORPORATION All Rights Reserved. 34

35 Asahi Kasei Microdevices APCB Baysand Broadcom Etron Freescale ISSI Maxim Molex Open Silicon Qorvo Samsung SanDisk Seiko Epson Texes Instruments Unimicron Main Products(by Supplier) -Electronic Devices- Electronic Devices Supplier Semiconductor Analog IC Analog Discrete Standard Logic IC Memory IC DRAM Micro- Processor Special-Use IC Flash Memory Card MPU,MCU DSP ASSP Display Driver DMD LED Custom IC Erectronic Components LCD Panel OELD Crystal Device Connector,Swich PCB Copyright MARUBUN CORPORATION All Rights Reserved. 35

36 Characteristic and Strength -Electronic Systems- Electronic Systems Providing Unrivaled Products in High-end Markets Value-added Technical Support (System Integration, Installation and Maintenance Services) Our Function Marketing Order Consultation Order Supplier Purchase Technical support Operation Training Maintenance Sale Customer Repair Calibration Development cooperation Copyright MARUBUN CORPORATION All Rights Reserved. 36

37 Affiliations -Electronic Systems- Electronic Systems Company Headquarters Establishment Shares Principal Business Marubun Tsusho Co.,Ltd. Kanazawa, Ishikawa Mar % Systems Business Hokushinrika Nagano, Nagano Nov % Systems Business Ikeda iryoudenki Co.,Ltd. Niigata, Niigata Aug % Systems Business Marubun West Corporation Kobe, Hyogo May % Systems Business Foresight Techno Co.,Ltd. Koto-ku, Tokyo Mar % Systems Business Copyright MARUBUN CORPORATION All Rights Reserved. 37

38 Main Products -Electronic Systems- Electronic Systems Segment Main Products Major Supplier Space and Defense Electronics Measurement & Inspection Scientific Laser Medical High-reliability Components, Sensors Avionics Test System, Microwave Measurement & Inspection,Boad Computer Manufacturing MOCVD System, MBE Laser Oscillators & Processing Network, Optical Components Diagnostic Imaging Hemo Dialysis Tele Communication Systems Plascore,Lavision CPI,L3 Communications Akim,Shimadzu, Artesyn,ADLINK Seiko Epson, Nippon Avionics AIXTRON,Riber nlight,laserline Microsemi,Calnex Solutions, Excelitas Technologies Shimadzu,Siemens Japan, Konica Minolta Healthcare Nikkiso,Asahi Kasei Medical, Kaneka Medix Medical 37.1% FY3/15 Electronic Systems 39,254 Laser Scientific 9.7% 3.4% million Space and Defense Electronics 11.9% Measurement & Inspection 37.9% Copyright MARUBUN CORPORATION All Rights Reserved. 38

39 Trend in Orders/Sales Orders Sales Electronic Devices Electronic Systems Electronic Devices Electronic Systems 82,764 ( million) 69,096 9,800 12,345 60,225 75,147 78,586 12,848 13,334 79,502 10,385 ( million) 68,956 9,061 72,935 9,561 77,508 13,991 69,169 8,035 78,633 10,168 54,283 8,962 6,640 59,297 70,419 62,299 65,251 69,117 59,895 63,373 63,516 61,133 68,465 51,263 47,643 1Q 2Q 3Q 4Q 1Q 2Q 1Q 2Q 3Q 4Q 1Q 2Q FY3/15 FY3/16 FY3/15 FY3/16 Copyright MARUBUN CORPORATION All Rights Reserved. 39

40 Trend in Sales of Electronic Devices by Products ( million) 59,895 7,962 4,387 47,643 5,537 4,794 28,638 18,723 7,993 8,379 7,993 8,379 7,993 8,379 68,465 63,373 63,516 61,133 7,960 7,740 2,962 6,775 8,138 2,677 2,730 2,724 31,329 28,415 36,711 29,790 9,787 10,453 9,555 10,033 9,787 10,453 9,555 10,033 9,787 10,453 9,555 10,033 Electronic Components Custom IC Special-Use IC Micro-Processor Memory IC Standard Logic IC Analog IC 7,993 8,379 9,787 10,453 9,555 10,033 1Q 2Q 3Q 4Q 1Q 2Q FY3/15 FY3/16 Copyright MARUBUN CORPORATION All Rights Reserved. 40

41 Trend in Sales of Electronic Systems Medical ( million) 5,291 Laser Scientific 3,651 1,583 3,161 3, , , , ,053 3,869 4,057 3, ,935 2, ,039 1,276 1,839 1, Q 2Q 3Q 4Q 1Q 2Q Measurement & Inspection Space and Defense Electronics FY3/15 FY3/16 Copyright MARUBUN CORPORATION All Rights Reserved. 41

42 Cautionary Statement Within the presentation, information on the future performance such as results forecasts is based on the data available at the time this presentation was prepared that the Company assumes reasonable. Actual performance depends on various important factors and may differ significantly from the estimates contained herein. Contact MARUBUN CORPORATION CORPORATE PLANNING Dept. PHONE Copyright MARUBUN CORPORATION All Rights Reserved. 42