Summary President and CEO Takehiro Kamigama

Transcription

1 Summary President and CEO Takehiro Kamigama -1-

2 Priority Markets, Priority Businesses and New Business Automobile Thin-film component SESUB Sensor Wireless charging Priority Five businesses New Businesses Priority Five Businesses Inductive Devices High-frequency Components Piezoelectric Material Product HDD Heads Rechargeable Batteries ICT Industrial Equipment Energy -2-

3 Sensors (for automobile market) NTC Sensor Business Magnetic Sensor Business Industry segment Application Industry segment Application Powertrain >200 C Exhaust New product Encoder Camera Linear scale TMAP, Engine management Angle Sensors EPS Wiper Powertrain 200 C Transmission SCR Gear tooth sensors Wheel speed TPMS (Tire pressure monitoring system) Pressure Sensor Business Comfort HVAC Seat heating E-motor Industry segment Fuel Application Fuel and vapor control Tank and leakage control E-mobility Battery management Exhaust Particle filter (gasoline & diesel), Exhaust gas recirculation Selective catalytic reduction Powertrain TMAP, transmission, exhaust Brake Airbrake -3-

4 Wireless Charging System (Portfolio) Transmission distance Consumer Industrial Equipment EV 100~200mm EV PHEV 30~100mm 0~30mm A4WP Hand of robot Transport robot AGV WPC, PMA Pendant 0mm 5W 10W 20W 50W 100W 200W 500W 1kW 2kW 5kW 10kW Transmitted power -4-

5 Wireless Charging System (expansion of businesses for industrial equipment in addition to xev) Now: A power charger equipped in the vehicle is used to recharge the batteries (recharging controlled by the charger) Total Efficiency = 90% x 94% =85% 12V or 24V Lead battery AC200V 50/60Hz 90% wired wireless wired 94% wired Power transmission unit <Charge Station> Power receiver unit Charger <xev> In the future: Wireless systems will directly recharge the batteries (recharging controlled by the power receiver unit) wired Total Efficiency = 90% 90% wireless DCDC converter Battery module 12V or 24V Lead battery AC200V 50/60Hz Power transmission unit Power receiver unit wired DCDC converter Charger Battery module <Charge Station> <xev> Units can be made compact and highly efficient -5-

6 Wireless Charging System (expansion of businesses for industrial equipment in addition to xev) Mobile Robot Hand of Robot AGV Pendant for CNC -6-

7 Wireless Charging System (Electronic components for Wireless Power Charger System) Ferrite Film capacitor MLCC Noise counter measure components Lithium Polymer Battery Input AMP unit Tx unit Rx unit Power receiver unit Battery Varistor Current Sensor Cera Link Inductor Transformer NTC thermistor Electrolytic capacitor -7-

8 Thin Film Devices SESUB (Expansion of production site for thin-film passive components) Press Release (30 Nov, 2015) Background Establishment of thin-film passive components production base in Akita district Securing of the manufacturing and technical capabilities for thin-film product Securing of production space for future demand expansion of thin-film product Tsuruoka Factory Bldg.3 Bldg.1 Bldg.2 Renesas Semiconductor Manufacturing Co., Ltd. -8-

9 Thin Film Devices SESUB (Target applications) Target Applications SESUB Thin Film Devices Smartphones Tablet Devices Power line use Power Module Low-profile inductors RF use PA/RF Module High Frequency Filters Capacitors downsized, arrayed and with narrow tolerance Hign Q inductors MEMS Sensor Asic Package Other Common mode filters Composite components Wearable devices (health care) Power line use Charger Module Low-profile inductors RF use Sensor PAN Module Asic Package Data Centers (servers) CPU Embedded capacitors -9-

10 Thin Film Devices SESUB For Smartphone μdc/dc converter Space-saving, power-saving DC/DC converter Under development (Mass production will be started in 2016) Envelope tracker A DC/DC converter for driving a RF power amp with high efficiency Under development (Mass production will be started in 2017) For Wearable Bluetooth Module World smallest size In mass production -10-

11 Thin Film Devices SESUB Product family (Product families in the thin-film device business and their features) Feature Common-mode filters High-frequency filters Inductors Composite components (capacitors and inductors) MEMS Size reduction and performance improvements Reduced footprint enabled by size reduction and use of arrayed configuration Performance improvements in high-frequency Low-profile power devices (low-profile modules) and embedded high Q-factor types (low profile) Reduced footprint and low profile achieved by composite design. Three-dimensional structure and material characteristics used at the core to achieve performance improvements. Filter Inductor Capacitor -11-

12 Thin Film Devices SESUB (Thin-film capacitor TFCP) Item Shape Thickness (mm) ESL (ph) MLCC TFCP A B Mass production will be started in Cross Section A Cross Section B Cu Insulator Top electrode Dielectric Ni Foil Cu Insulator Top electrode Dielectric Ni Foil -12-

13 Thin Film Devices SESUB (Thin-film capacitor TFCP) Single Layer Cu Multi Layers Insulator Dielectric n=2~ Ni Foil Thickness 30μm~100μm Year Capacitance Form nF 4.7nF 1nF 47nF 10nF 2.2nF 100nF 22nF 4.7nF 470nF 100nF 22nF 2.2uF 470nF 100nF 1608, 1005, 0603(mm):0603, 0402, 0201(inch) -13-

14 Thin Film Devices SESUB (Business model for SESUB products) Market change Industry led by IC manufacturers rather than by telephone manufacturers Uniformized specifications Standardized OS (e.g., Android and ios) Shortened development period Smartphone manufacturers use IC manufacturers references SESUB business: Gain customers in collaboration with IC makers and OSAT* companies Business model *Outsourcing assembly and testing Conventional model IC Module End product Wafer Package Passive component Substrate SESUB IC ( SiP:System in Package ) Module Passive component Wafer SESUB ( Package + Substrate ) End product Disclosure about collaboration with ASE Establishment of ASEEE(JV): ASE 51% TDK 49% Royalty income Single source to be changed to multiple source Expansion of production capability -14-

15 Rechargeable Batteries Market Trend of Small-sized Cell for Mobile/IT (By Cell Types) 4,000 3,500 3,000 Expansion of Lithium polymer battery 2,500 2,000 1,500 1, E 2016F 2017F 2018F Polymer Cylindrical Prismatic TDK s estimation -15-

16 Rechargeable Batteries 6000 Market Trend of Small sized Cell for Mobile/IT Million Cells Others NBPC Tablet PC 2000 Phone E 2016F 2017F 2018F TDK s estimation -16-

17 Management Target in Mid-Term Growth Investment Return to Shareholders Investment in new products, new businesses, and M&A Increase production capacity of existing businesses Stabilize or increase dividends through EPS growth Target a 30% dividend payout ratio Operating Income Margin FY March 2015 Results FY March 2018 Target 6.7% Over 10% ROE 7.2% Over 10% -17-

18 Growth Investment (Yen billions) Total investment over the next 3 years (Mid-Term Business Plan) FY March 2016 Projections Capital Expenditure 350.0~ R&D Investment About Construction of new factory buildings in the Akita area Production capacity increase in the 5 core businesses Investment in new products and new businesses -18-

19 Cautionary Statements with Respect to Forward-Looking Statements -19-

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