OKAYA Electric Industries, Co., Ltd. Presentation 2010 Prepared by : OKAYA ELECTRIC INDUSTRIES CO., LTD. Issue date: June 2010 1 Company Profile Year Founded: 1939 Capital: $22M ($1 = \90) €17M (€1 = \120) Stocks: Listed on Tokyo Stock Exchange (First section) The location of sales office and Factory: <Sales office> Tokyo / Oosaka / Nagoya / Fukuoka / Nagano / Shizuoka / Hokuriku Hong Kong / Shanghai / Shenzhen / Singapore / U.S.A. <Design Center> Nagano ⇒ Noise product / Led Display / Sensor products Saitama ⇒ Surge Devices / LCD Display <Factory> China (Dong Guan) / Sri Lanka / Iwate / Fukushima/ Saitama Quality Management System: ISO9001 Environmental Management System: ISO14001 2 Sales The year 2009 Sales: $131M ($1=\90) €98M (1€=\120) (From 1.Apr.2009 to 31.Mar.2010) The amount of sales (unit=million yen) 20,000 15,000 10,000 5,000 0 2002 2003 2004 2005 2006 2007 2008 2009 Fisical year 3 Sales Breakdown 2009 Fiscal Product Seg ment s LED 8% LCD SENSOR 2% 15% SURGE 20% Domestic 47% NOISE 55% Overseas 53% 4 NOISE PRODUCT RANGE Capacitor (60% / sales at noise division ) Noise filter (40% / sales at noise division) <Capacitor Range> 1) Noise suppression capacitors (70% at product qty) 2) PFC capacitors 3) High pulse capacitors 4) Spark quenching 5 Noise Product Market by Application Home Appliances ・TV ・Air Conditioner ・Air Purifier ・Refrigerator ・Washing Machine ・IH Cooker etc. Office Appliances ・Telephone ・Fax Machine ・PC ・Copier ・Projector ・Digital Camera etc. 35% 35% Industrial Machine ・Machinery ・Semiconductor Device・Robot ・Medical Equipment etc. Noise Products 30% Future aim. Automobile ・Automobile ・Train etc. 6 Capacitors Range Noise Suppression Capacitors PA-series (5%) ⇒RE-series(10%) ⇒ LE(-M/-MX)-series(70%) *Other (10%) Market LCD/PDP TV-----SONY, Panasonic, SHARP, TOSHIBA etc. Air conditioner-----Daikin, FUJITSU GENERAL, Mitsubishi etc. White goods-----Panasonic, Sharp, Philips etc. Industries----Yasukawa, FANAC, FUJI, Mitsubishi, Hitachi other--------Canon, Nintendo, GE, Delta 7 Capacitors Range-2 PFC capacitor HCE-series(5%) ⇒ AFP-series(10%) ⇒ AFC-series(85%) Market LCD/PDP TV (85%)----- SONY, Panasonic, SHARP, TOSHIBA etc. AC adaptor for PC(10%)---Delta, Lite-on, Sanken etc (power source manufacuture). Other (5%)----Canon, Epson, etc. 8 Surge Product Market by Application Home Appliances ・TV ・Air Conditioner ・Air Purifier ・Refrigerator ・Washing Machine ・IH Cooker etc. Office Appliances ・Telephone ・Fax Machine ・PC ・Copier ・Projector ・Digital Camera etc. 25% 25% Industrial Machine ・Machinery ・Semiconductor Device・Robot ・Medical Equipment etc. Surge Products 25% 25% Communication ・Mobile Phone ・Modem ・Splitter ・GPS etc. 9 Surge Product Device-1 Surface-mount GDT (RHCA-series) Market Communication device (modem) / Information technology device LCD/PDP TV / recorder Panasonic, Sharp, Hitachi, Mitsubishi, Sanyo, Sumitomo 10 Surge Product Device-2 GDT (R26・28-series/R36・38-series) Market Communication device (modem) / Information technology device Solar power generation Panasonic, Kyocera, OMURON 11 Surge Product Device-3 Module for AC power source (LV-series) RAV-series ⇒RCM-series ⇒RSPD-series ⇒LV-series Market FA機器(40%) / Machine(30%) / Solar power generation(15%) / Medical device(5%) FANUC / YASUKAWA / Kyocera /SHIMADZU 12 NOISE PRODUCT RANGE Capacitor (60% / sales at noise division ) Noise Suppression Capacitors PA ⇒ RE ⇒ LE-series (LE / LE-M / LE-MX) Market LCD / PDP TV (%) ・ Air Conditioner(%) ・ White Goods(%) ・ other(%) Sony Panasonic Sharp Hitachi Tosiba PFC capacitors HCE ⇒ AFP ⇒ AFC ⇒ AFS Market LCD / PDP TV (%) High Pulse Capacitors Spark Quenching Noise filter (40% / sales at noise division) 13 Product Range EMI Products Noise Noise Suppression Capacitors Noise Filters Spark Quenchers Snubber capacitor Capacitor for PFC circuit Inductance Coils Surge Surge Absorbers Display Products LED Displays LCD Displays 14 Company Profile Year founded : 1939 Capital: $22M, ($1=\90) (March 2010) €18M, (€1=\120) Sales: $131M, ($1=\90) (Apr.2009-Mar.2010) €98M, (€1=\120) Employees: 2,100 (March 2010) Stocks: Listed on Tokyo Stock Exchange (First section) 15 Noise/Surge Products Noise Suppression Capacitors Noise suppression capacitors are most widely applied in power line applications as countermeasures to noise occurring in inverters, switching power supplies, brush motors, and to the full range of office automation equipment. Designed for Across-the Line and Line-Bypass applications, OKAYA capacitors are rated up to 310VAC with capacitance values from 0.001uFd to 10uFd. 16 Noise/Surge Products EMI/RFI Power Line Noise Filters Conductive noise interferes with electric components and systems by being transmitted along power lines and the wiring of electronic circuits. OKAYA’s power line filters are designed to suppress conducted EMI/RFI emissions over a broad range of frequencies. Single Phase and 3-Phase Filters are available with voltage ratings to 500VAC and power rating to 250Am. All filters have Safety agency approvals for worldwide acceptance. 17 Noise/Surge Products Surge Absorbers (TVSS) Power surges, both voltage and current, are occurring continually in today’s power systems. Whether they occur naturally, such as from lightning and static electricity; or are man made, such as from inductive surges from motor, transformers, solenoids, etc. Power surges are a fact of life. These power surges have a very high voltage and current level as compared to electrical noise. OKAYA’s Transient Voltage Surge Suppressors are designed to aid in the suppression of high-energy transient voltage surges. Products ranging from Gas Tubes to Suppression Systems have worldwide approvals to meet safety agency requirements. 18 Noise/Surge Products Spark Quencher Spark Quenchers are easily selectable electronic components designed to prevent or substantially minimize the occurrence of arching and noise generation in relay and switch contacts. They also serve as snubbing circuits for solid state switching devices. Spark Quenchers consist of specially designed capacitors and resistors connected in series. Spark discharges and induced noise are absorbed over a wide range by the accumulation characteristic and impedance of the capacitor, while the RC time constant delays and averages surge voltage and oscillation. 19 Capacitor for PFC circuit. AFC series. *Features. ・Low loss & High permissible ripple current. ・High withstand voltage (Between line and case; 2500Vrms-60sec). ・Low buzz sound. *Application. ・PFC circuit for electrical appliances. *Electrical characteristics. ・Rated voltage; 450VDC ・Capacitance range; 0.47 to 4.7uF (±10%) ・Operating temperature range; -40 to 105℃ 20 Display Products High Power LED Bo-Jo LED 21 Display Products LCD Display 22 Management Chief Executive Officer Ritsuo Maruyayma Chief Operating Officer Hisayoshi Yamagishi Senior Managing Director of Administration – Ikuo Matsuoka, Senior Managing Director Senior Director of Sales – Kazuyoshi Ichinose, Managing Director Director of Accounting – Suguru Yoshino, Director Director of R&D – Akira Kamo, Director Director of Manufacturing – Masamitsu Aoki, Director Auditor – Masaaki Ogawa – Masuo Uchimura – Hideo Suzuki 23 Fiscal year Sales 2002 10,258 2003 11,170 2004 12,535 2005 13,684 2006 15,885 2007 15,972 2008 13,368 Note: unit= million yen Sales (hundred-million yen) Sales 200 180 160 140 120 100 80 60 40 20 0 2002 2003 2004 2005 2006 2007 2008 Fiscal year Consolidated all OKAYA group 24 Sales Breakdown 2008 Fiscal Display 19% Surge 19% Sensor 4% Noise 58% Noise (Capacitor & Noise filter) 58% Surge Absorbers 19% Display (LED & LCD) 19% Sensor 4% 25 Market Position Noise Suppression Capacitors (Case type) No.1 World 50 million pieces monthly Surge Absorbers 10 million pieces monthly No.2 Japan 26 Display Product Applications LED Characteristics Lighting refraction technology by lens designing., High Quality, Assembly technology LCD Characteristics Custom made LCD modules, Quality Assurance Sensor Photo sensor LED lighting source encoder 27 Major Customers Sony Panasonic NEC Toshiba Hitachi Fujitsu Sharp Ricoh Sanyo Epson Pioneer Oki Mitsubishi Fuji JVC Murata Siemens Schneider (French) Schaffner IBM HP HP/Compaq Honeywell Electrolux Motorola Dell GE Whirlpool Rockwell Kodak Alcatel Fanuc SMC Corp Celestica Jabil Flextronics Arrow Tyco Solectron Yasukawa 28 Okaya World-Wide Sales Division Engineering Division Production Division Japan OKAYA Japan North/South America OKAYA America Asia OKAYA Hong Kong, OKAYA Singapore Europe and the rest OKAYA Japan Nagano Tech Center Capacitors, Noise Filters, Surge Absorbers, Spark Quenchers, LED, LCD modules Saitama Tech Center Surge Absorbers, Switching Spark Gap, Plasma Displays, Neon lamps Iwate (Japan) Capacitors, Spark Quenchers Fukushima (Japan) Noise Filters Nagano (Japan) Noise Filters, Surge Absorbers, LED Saitama(Japan) Plasma Displays, Neon lamps China Capacitors, Surge Absorbers, Noise Filters, LED Sri Lanka Capacitors Taiwan LCD 29 Sales Network Okaya Japan Japan, Europe, Middle East, Africa, Oceania Okaya America North/South America Okaya Hong Kong Asia- China, Taiwan, Korea Okaya Singapore Asia – the rest of Asia 30 31 Factory Locations Nagano, Japan Fukushima, Japan Saitama, Japan Donguang,China Iwate, Japan Katunayake ,Sri Lanka 32 Quality Management System 33 Environmental Management System 34 List of ISO Certification As of March 2008 Corporate Division Date of Certification Date of Certification ISO No.9001 ISO No.14001 Version 2000 Version 2004 Administration, Sales 2.23,2007 2.23,2007 Nagano Plant 2.23,2007 2.23,2007 Saitama Plant 2.23,2007 2.23,2007 Fukushima Plant 2.23,2007 2.23,2007 Iwate Plant 2.23,2007 2.23,2007 Headquarters 2.23,2007 2.23,2007 Donguan Plant 2.23,2007 2.23,2007 Sales 2.23,2007 2.23,2007 Representative Offices 2.23,2007 2.23,2007 Okaya America 2.23,2007 2.23,2007 Okaya Singapore 2.23,2007 2.23,2007 Okaya Lanka 2.23,2007 2.23,2007 Okaya Japan Okaya China 35 Thank you for your attention 36