ANEST IWATA : Presentation Material of FY2020 Full-Year Financial Results

Presentation Material of FY2020

Full-Year Financial Results

ANEST IWATA Corporation

May 27, 2021

First Section of the Tokyo Stock

Exchange - Machinery

Securities Code 6381

Contents

1. FY2020 full-year financial results
2. Prospects for the FY2021 full-year period
3. Business-specificstrategies
4. Accelerating promotion of operational reforms
5. Activities related to ESG and SDGs
6. Reference information

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1. FY2020 full-year financial results

Highlights of FY2020 financial results

Sales and income figures all exceeded the revised forecasts announced in February 2021.

	FY2019	FY2020	Year-on-year
					Increase/	Increase/
	Actual	Profit ratio	Actual	Profit ratio	decrease		Profit ratio
	decrease rate
	(million yen)	(％)	(million yen)	(％)	amount		change (P)
	(％)
					(million yen)
Sales	39,091	―	35,588	―	-3,502	-9.0		―
Operating	3,876	9.9	3,444	9.7	-431	-11.1		-0.2
income
Ordinary	4,401	11.3	4,253	12.0	-147	-3.4		+0.7
income
Net income			2,623	7.4	-94	-3.5		+0.4
attributable to	2,717	7.0
parent company
shareholders
Average exchange	109.05	yen	106.82	yen
rate of yen to the US	Appreciated	by 2.23 yen
dollar
Average exchange	122.07	yen	121.81	yen
rate of yen to the	Appreciated	by 0.26 yen
euro
Average exchange	15.78	yen	15.48	yen
rate of yen to RMB	Appreciated	by 0.3 yen

FY2020 result forecasts

Initial forecast

Revised Feb. 10

Forecast	Forecast
(million yen)	(million yen)
30,000	34,500
500	3,000
800	3,600
650	2,100
105.00 yen	105.00 yen
115.00 yen	115.00 yen
15.00 yen	15.00 yen

Dividend	Interim	12 yen (10 yen)	Year-	12 yen (10 yen)	Annual	24 yen (20 yen)
end

* Shown within ( ) are the initially forecast dividends.

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FY2020 financial highlights

Demand in the manufacturing industry recovered more quickly than anticipated, and customized products propped up the income.

S a l e s : 35,588 million yen (down 3,502 million yen, or 9.0％, from last year)

Operating income: 3,444 million yen (down 431 million yen, or 11.1％, from last year)

	・Sales of oil-free air compressors and vacuum pumps were robust.
	・As a result, the profit ratio rose, allowing us to achieve higher operating
Air energy	income than last year.
Sales: 20,866 million yen (down 1,358 million yen, or 6.1%, from last year)
business	(Reference)
	Operating income: 1,821 million yen (up 46 million yen, or 2.6%, from last year)
	Operating income ratio: 8.7％ (up 0.7 points from last year)

・Sales of airbrushes were robust (see p. 25).

・By contrast, the sales of coating systems and general-purpose coating equipment were down as sales activities were restricted by COVID-19.

Coating business

Sales: 14,722 million yen (down 2,144 million yen, or 12.7%, from last year)

(Reference)

Operating income: 1,623 million yen (down 478 million yen, or 22.8%, from last year)

Operating income ratio: 11.0％ (down 1.6 points from last year)

(Note) The operating income by business was calculated using our unique standards.

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