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Yageo Corporation

1 Yageo Corporation November, 2017 2 2 2 This announcement is not, and is not intended to be, an offer of securities for sale in the united states . Securities may not be offered or sold in the united states a b s e n t r e g i s t r a t i o n or an e x e m p t i o n f r o m r e g i s t r a t i o n u n d e r the Securities Act of 1933. Any public offering of securities to be made in the united states must be made by means of a prospectus containing detailed information about the issuer of the securities and its management as well as financial statements. There is not, and is currently not intended to be, any public offering of securities by Yageo Corporation in the united states . Disclaimer 3 3 3 A Global Passive Component Leader Yageo Corporation is a world leading total service provider of passive electronic components, with 27 sales/service offices in 15 countries, 7 manufacturing sites, 6 JIT logistic hubs and 2 R&D centers worldwide. Yageo offers a broad range of electronic components with resistors, capacitors, and wireless components and modules.

2 22 This announcement is not, and is not intended to be, an offer of securities for sale in the United States. Securities may not be offered or sold in the United States

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Transcription of Yageo Corporation

1 1 Yageo Corporation November, 2017 2 2 2 This announcement is not, and is not intended to be, an offer of securities for sale in the united states . Securities may not be offered or sold in the united states a b s e n t r e g i s t r a t i o n or an e x e m p t i o n f r o m r e g i s t r a t i o n u n d e r the Securities Act of 1933. Any public offering of securities to be made in the united states must be made by means of a prospectus containing detailed information about the issuer of the securities and its management as well as financial statements. There is not, and is currently not intended to be, any public offering of securities by Yageo Corporation in the united states . Disclaimer 3 3 3 A Global Passive Component Leader Yageo Corporation is a world leading total service provider of passive electronic components, with 27 sales/service offices in 15 countries, 7 manufacturing sites, 6 JIT logistic hubs and 2 R&D centers worldwide. Yageo offers a broad range of electronic components with resistors, capacitors, and wireless components and modules.

2 In the recent years, Yageo s product technologies mainly focus on ultra small size, high power, high voltage, high reliability, low resistance, and low inductance. Yageo products are widely used in all kinds of electronic applications, including automotive, industrial, IoT, AR/VR, alternative energy, telecommunications, power supplies, computers and peripherals, and consumer electronics. Yageo currently is the world in chip-resistors and No. 3 in MLCCs. With the reputable 40-year-old brand, Yageo is a truly global company with leading position in Greater China, Europe, and ASEAN. 4 4 4 A Global Passive Component Leader As a total passive component solution provider, Yageo offers innovative global logistics, electronic data interchange, design-in services, web-based self-helped platforms, and online B2B interfaces with advanced IT solutions and other ease-of-doing-business tools. Yageo has a strong and diversified customer profile, including global leading EMS, ODM, OEM, and distributors.

3 Yageo achieved record high revenue in 2016 and market capitalization exceeds NTD$ 80 billion in 2017. Yageo delivered an average 15% of ROE and 8% of ROA ratio in recent years and expects to achieve 20% of ROE in 2017. 5 5 5 Yageo Passive Components Automotive Industrial Mobile Alternative Energy Notebook/Tablet Power Lighting Medical Home Appliances Networking Payment & Sales Broad Product Offering Targeting Key Verticals 6 6 6 Serving Leading Global Customers Europe Asia 7 7 7 Leading Market Position by Volume Chip Resistors - Ranked No. 1 MLCCs - Ranked No. 3 8 8 8 3Q17 Sales Revenue Breakdown By Product NT$ 8,370 M QoQ + YoY + By Region * Above 3Q information is reviewed. MLCC 50% Chip Resistor 44% Thru-hole Resistor 3% Wireless 1% Others 2% Greater China 78% Asia/ Rest 10% Europe 10% US 2% 9 9 9 3Q17 Sales Revenue Breakdown By Segment* (of Direct Sales) By Channel * Above 3Q information is reviewed.

4 NT$ 8,370 M QoQ + YoY + Distributors 52% EMS 23% Direct Sales 25% Telecom 20% Computer 41% Consumer 12% Industrial 22% Automotive 5% 10 10 10 1Q-3Q17 Sales Revenue Breakdown By Product By Region * Above 1Q-3Q information is reviewed. NT$ 22,607 M YoY + MLCC 48% Chip Resistor 43% Thru-hole Resistor 3% Wireless 2% Others 4% Greater China 77% Asia/ Rest 10% Europe 11% US 2% 11 11 11 1Q-3Q17 Sales Revenue Breakdown By Segment* (of Direct Sales) By Channel * Above 1Q-3Q information is reviewed. NT$ 22,607 M YoY + Distributors 53% EMS 23% Direct Sales 24% Telecom 24% Computer 38% Consumer 11% Industrial 21% Automotive 6% 12 12 12 3Q17 Income Statement Amount in NTD Million Yageo Group Consolidate (reviewed) * The financial data is based on T-IFRS Q-QY-YAmount%Amount%Change %Amount%Change %Net Sales8, , , of Sales(5,832) (5,305) (5,528) Profit2, , , Expenses(706) (669) (684) Income1, , (25) ( )(9) (2, )Income Before Tax2, , Tax(255) (280) ( )(116) Income 1, , Interest(7) (6) (17) ( )Net Income (attributable to the parent)1, , ,3081, , / 17Q3 / 16Q2 / 1713 13 13 1Q-3Q17 Income Statement Yageo Group Consolidate (reviewed) * The financial data is based on T-IFRS Amount in NTD Million Y-YAmount%Amount%Change %Net Sales22, , of Sales(16,328)( )(16,135)( ) Profit6, , Expenses(2,068)( )(2,063)( ) Income4, , ( )Income Before Tax4, , Tax(641)( )(626)( ) Income3, , Interest(18)( )(43)( )( )Net Income (attributable to the parent)

5 3, , , , 14 14 Non-operating Items Yageo Group Consolidate (reviewed) Amount in NTD Million * The financial data is based on T-IFRS Q317Q217Q-QChange %Q316Y-YChange %Foreign Exchange Gain (Loss)-Realized52122( )(31)( )Foreign Exchange Gain (Loss)-Unrealized(80)(296)( )(177)( )Net Interest Income (Expense)4452( ) Income on Equity-Method ( )Gain/(Loss) on Sale of , (25)( )(9)(2, )15 15 15 Yageo Group Consolidate (reviewed) Selected Items from Balance Sheet Amount in NTD Million * The financial data is based on T-IFRS Q317Q217Q-QQ316Y-YAmountAmountChange %AmountChange %Cash and Cash Equivalents19,95618, , Receivable10,9329, , ,3044, ,315( )Other Current Assets9911,329( )1,417( )Long-Term Investment13,9207, , Properties14,53513, , Assets3,3523,433( )3, Assets67,98958, , term Loans19,95418, , Payable7,0316,86625,67724 Other Current Liabilities5,2065,967( )4, Loans7,7004, , Liabilities348383( ) Liabilities40,24035, , Equity27,75023, , Liabilities & Equity67,98958, , 16 16 Q317 Cash Flow Yageo Group Consolidate (reviewed) Amount in NTD Million * The financial data is based on T-IFRS Q317Q217Q-QQ316Y-YAmountAmountChange %AmountChange %Net Cash Provided by (Used in) Operating Activities2,0291, , Cash Provided by (Used in) Investing Activities(3,504)(1,468) (66)5, Cash Provided by (Used in) Financing Activities2,6055,097( )(491)( )FX Difference42258( )(508)( )Net Increase (Decrease) in Cash and Cash Equivalents1,1715,064( ) and Cash Equivalents , Beginning of Period18,78513, , and Cash Equivalents , End of Period19,95618, , 17 17 Working Capital Management Yageo Group Consolidate (reviewed) Amount in NTD Million * The financial data is based on T-IFRS Q317Q217Q-QChange %Q316Y-YChange %Accounts Receivable10,932 9,415 ,133 116 ,304 4,264 ,315 ( )Inventory Conversion Period65 74 ( )

6 72 ( )Accounts Payable7,031 6,866 ,677 Deferral Period111 121 ( )91 Working Capatial8,2046, , Conversion ( )Thank you


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