introduction & business updates - investors.wacom.com · 22” display pen tablet 11” lcd pen...
TRANSCRIPT
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 2
Contents Index
3-4 Our Vision and Our Mission
5-7 Company Outline, Who is Wacom, and History
8-10 Historical Financial Results and Dividends
11-14 Wacom’s Strength, Technologies, and IP Portfolio
15 Main Business Lines
16-20 Creative Business
21 Consumer Business
22 Business Solution
23-24 Technology Solution
25-27 Sales by Segment and EMS Partners
28-31 Product Portfolio and Technology Strategies
32-35 Our Future Strategy and Brandings
36 Disclaimer
(Slide Page)
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 5
Wacom Co., Ltd.
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd.
Head Office2-510-1, Toyonodai, Kazo-shi,
Saitama, Japan
Date of Founding July 12, 1983
Paid-in Capital 4.2 bn. JPY (as of March 31, 2016)
President &CEO Masahiko Yamada
Revenue 77.6 bn. JPY (FY 3/2016)
Employees 1,271 (incl. temporary staff) (as of September 30, 2016)
Stock Market Tokyo Stock Exchange 1st Section (6727)
Business Line ・ Brand products (creative pen tablet, etc.)
・ Technology solution (digital pen & touch sensor
system, etc.)
・ Others (CAD software)
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 6
Who is Wacom ?
• Wacom is the global leader in Pen tablet market for creative users
• Wacom is the key supplier of digital pen and touch sensor components
for a broad range of smartphones, tablets and other IT systems.
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 7
1980年代 1983 Founded in Saitama, Japan1984 First cordless pen tablet introduced1988 Wacom Europe (Germany) established
1990年代 1990 Walt Disney adopted pen for “Beauty & the Beast”
1991 Wacom Technology (U.S.) established
2000年代 Subsidiaries established in Asia PacificChina (2000), Korea (2004), Australia (2005)Singapore (2006), Taiwan (2008)
2003 Listed on JASDAQ, 2005 Listed on TSE Sec. 1
2000 2010 Wacom India established2011 Received TSE “Disclosure Award”2011 Smartphone adoption of pen technology2012 Received JIRA “Best IR Award for Small Cap.”2013 “Asia’s 200 Best Under 1 billon USD” by Forbes
1990’s
2010’s
2000’s
History
1980’s
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 8
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
FY 03/12 FY 03/13 FY 03/14 FY 03/15 FY 03/16 FY 03/17
Others
Technologysolution40,700
61,068
78,61574,557
71,500
Consolidated Sales(Million JPY)
Forecast
as of Feb. 8, ‘17
77,568
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 9
-1,500
500
2,500
4,500
6,500
8,500
FY 03/12 FY 03/13 FY 03/14 FY 03/15 FY 03/16 FY 03/17
4,067
7,915
8,663
6,143
3,664
-500
3,892
7,559
8,282
6,065
3,777
-650
2,181
4,7705,249
3,473
2,310
-1,500
Operating Profit Recurring Profit Net Profit
Consolidated Profits(Million JPY)
Forecast
as of Feb. 8, ‘17
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 10
Dividends per ShareDividend payout policy• Stable payouts to shareholders while maintaining stable financial basis
necessary for future business development• Payout ratio higher than 40%
0.00
5.00
10.00
15.00
20.00
FY 03/13 FY 03/14 FY 03/15 FY 03/16 FY 03/17
37.7%55.9%
86.3%128.6% 121.3%
11.25
17.50 18.00 18.00Shares split
Jun. 2013 Split 400-for 1** Including adoption of 100
share trading-unit
Repurchase of own shares
Sep.- Dec. 20132.0 mil. shares (1.44 bn JPY)
May - Jun. 20152.3 mil. shares (1.22 bn JPY)
May - Sep. 20162.2 mil. shares (0.75 bn JPY) (Plan)
Estimated
as of Feb. 8, ‘17
6.00
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 11
Wacom’s StrengthsPen tablet for creative users
Global market share
Wacom’s estimate in 2015
Americas Europe Asia Oceania Japanincluding sales of
Technology Solution (TS)
FY 3/14 FY 3/15 FY 3/16 FY3/14 FY3/15 FY3/16FY 3/14 FY 3/15 FY 3/16 FY3/14 FY3/15 FY3/16
• Global presence and market share leadership
• Global partnerships with major industry players
Operating 10 companies and 30 offices or more globally
Bar graphs show historical sales by regionUnit : Millions of JPY Local Currency □USD Unit : K □EURO Unit : K
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 12
Controller IC
Wacom’s Key Technology
Cordless, battery free digital pen
8,192 levels of pen pressure sensitivity
High dynamic performance
High durability
High-speed high-precision
EMR position sensor
Side Switch
Eraser Switch
Sensor Board
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 13
Wacom’s Key Technology
Active ES Technology
Development of Wacom’s original ES (Electrostatics) Pen Technology
Shared touch sensor for both pen and touch
One chip controller for pen and touch
Eliminated the need for sensor board of pen,
provided a lightweight solution
Simply structure for system products
Incorporated battery or charger system
in Active ES Pen
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 14
IP Portfolio and Strategy• Global IP applications and proactive IP management
• Global team of IP professionals for monitoring and defending IP portfolio
Patents Designs Trademarks
Registered Applied Registered Applied Registered Applied
Japan 162 82 103 15 96 19
Overseas 586 545 441 35 612 116
Sub total 748 627 544 50 708 135
Total 1,375 594 843
*Overseas patents are applied and registered in the United States, Europe, China, Taiwan and other key countries.
* Wacom counts one trademark for one product category as one.
(Accordingly, in case of one trademark owned by Wacom for two product categories, the number of trademarks is two.)
(As of October, 2016)
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 15
Main Business Lines
Technology Solution Business UI technology solutions for mobile systems EMR, Active ES components & modules (feelTM)
Other Business Engineering solution・ECAD dio
Consumer business Makes daily lives more creative and enjoyable
Digital Stationery: Bamboo series
Business solution Serves society by providing innovative solutions
STU (Signature Tablet), DT (Display Tablet) series, etc.
Creative business
Serves the passion of professional and consumer creativity
Wacom Intuos Pro, Cintiq Pro, MobileStudio Pro, etc.
Bra
nd
Bu
sin
es
s
Platform &application
Provides
technology,
apps and
platforms
WILL,
Inkspace,
Bamboo
Paper,
sign pro
PDF, etc.
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 16
クリエイティブペンタブレットCreative Pen Tablet
16All Rights Reserved. Copyright © 2017 Wacom Co., Ltd.
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 17Intuos Comic Intuos Draw Intuos ArtIntuos Photo
クリエイティブペンタブレットCreative Pen Tablet
3D Modeling solution for beginners
Integrated solution with 3D printing process
Standard service of 3D printing and delivery
3D
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 18
クリエイティブペンタブレット
All Rights Reserved. Copyright © 2016 Wacom Co., Ltd.
Creative Display
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd.
13/16
Wacom supports professional digital
workflows for 3D design and modeling.
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 19
クリエイティブペンタブレットCreative Mobile
Highest performance tablet with Intel i7 and GPU
4 times higher pressure ranges with Wacom Pro Pen 2
High resolution and high color precision 4K display
Fully 3D design and modeling support with 3D camera
13/16
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 20
クリエイティブペンタブレットCreative Business End Users
• Graphics design and entertainment industries worldwide.
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 21
Consumer (Digital Stationeries)
Inkspace,
Bamboo Paper
Wacom InkLayer Language
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 22
Business Solution
Digital Signature System
Lalaport, Mitsui Fudosan Retail Management, Japan
Signature TabletsCitibank, Korea
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 23
Technology Solution
• High speed, high resolution multi-touch sensor
• Cordless, battery free, pressure sensitive digital pen
• High optical performance touch panel
• Low power ASIC controller
Integrated user interface solutions
with pen and multi-touch technology
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 24
Technology Solution
Wacom Feel IT Technologies
Technologies that makes you feel different.
Wacom Feel IT TechnologiesCustomers Projects
series
Tablets and note PC models on Windows OS Smartphones and Tablets on Android OS
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 25
Sales by Business Lines
77.6bn. JPY
(Pen Tablet31.1%)
(Display17.0%)
(Moobile5.7%)
Others 0.9%
Consumer 2.8%
(For smartphone21.1%)
Business Solution 6.4%
Technology
Solution 36.1%
Creative
53.8%
(For Tablet12.3%)
(For Note PC, etc. 2.7%)
FY 03/2016 (results)
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 26
Sales by Region
Europe
19.1%
Americas
20.2%
Japan
10.2%Technology
Solution
36.1%
AsiaOceania14.4%
77.6bn. JPY
FY 03/2016 (results)
(Note) There are no regional segments in Technology Solution Business.
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 27
EMS Partners
Cintiq 27HDCintiq 22HD
Component
Pen Sensor
Component
Touch Sensor
Cintiq ProMobileStudio Pro
Vietnam
22” Display pen tablet11” LCD pen tablet
Signature tablet
Intuos proIntuos series
Overseas EMS production approx. 98%
Domestic EMS production approx. 1%
Domestic in-house production under 1%
Pen tablet product EMS partners
Consumer product EMS partners
Display, mobile product EMS partner
Technology Sol. EMS partners
Business Sol. product EMS partners
Bamboo Stylus
Component
Pen Sensor
Bamboo Stylus
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 28
Bra
nd
Pro
du
ct
Tech
no
log
y S
ol.
Signature tablet
ConsumerPro-Business
Desktop
Product PortfolioMobile
Wacom InkLayer Language
Bamboo Paper
apps
Inkspace,
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 29
Wacom Ink Layer LanguageA cross platform universal ink system
made possible by WILLTM
iOS Android Windows Windows/MacOS
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 30
• Started operation in October, 2016
• Promotes WILL “Wacom Ink Layer
Language” as new digital ink
standard and development of new
digital stationery market
www.digitalstationeryconsortium.org
Founding ofDigital Stationery Consortium
Connected Ink Las Vegas
January 6, 2017
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 31
Technology strategies
Multi-technology SolutionEMR + AES(Active ES) + WILL
Open up the era of
“digital stationeries”
Extend pen technology base and pen application areas
Promote new digital ink standard and pen apps development
Open Partnership Policy
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 32
From technology to people
From pen to user interface solutions
From professionals to consumers
Anywhere in the world, for everybody in the world
Our Future Strategy
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 34
UI Paradigm Shift
for everyone in the world
anywhere in the world
simple, natural, and easy
for interaction and sharing
fun and always connected
All Rights Reserved. Copyright © 2017 Wacom Co., Ltd. 36
Disclaimer
Forward-looking statements regarding future events and performance contained in
this presentation are based on currently available information and involve risks and
uncertainties, including macroeconomic conditions, trends of the industry in which
the company is engaged, and progress in new technologies. Please note that actual
results could materially differ from those expressed or implied by the forward-
looking statements in this presentation due to these risks and uncertainties. All
rights reserved. All other company names and product names are trademarks or
registered trademarks of their respective owners.
Investor Relations InquiriesWacom Co., Ltd.
TEL:+81-3-5337-6502 FAX:+81-3-5337-6519
Sumitomo Fudosan Shinjuku Grand Tower 31F,
8-17-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo 160-6131, Japan
Wacom homepage http://www.wacom.com
IR website http://investors.wacom.com/en-jp/