corporate profile · mainly software products for electronics implement design.(pcb). start...
TRANSCRIPT
Corporate PhilosophyWe will contribute to the advancement of our customers and society by
providing solutions that generate high satisfaction through enhanced value-added and high-quality services.
Corporate Profile
Contents
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
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Ⅰ. About CAE P3〜8
Ⅱ. About Cybernet P9〜22
Ⅲ. New solutions P23〜25
Ⅳ. Our dividend policy P26〜27
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What is “CAE” ?
The tool for predicting functionality and reliability for developing products byvirtual experimenting the model designed in computer(CAD*)*Computer Aided Design
Abbreviation of「Computer Aided Engineering」
資料提供:Dyson Ltd.社様
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
CAE use case in automotive industry
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*Vehicle collision Analysis
Reproduce phenomenonin computer, which is hardto reproduce with actual
*Analyze air flow whilecruising
Reproduce invisible airflow in computer
Powered by EnSight
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
CAE use case②
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Visualize water resistancewhile swimming
Image courtesy of Speedo
(Swimwear Speedo Fastskin3racing system)
*Analyze water resistance
Visualize aerodynamic flow ofwind between building when thewind lows from specific direction
*Analyze buildingaerodynamic flow of wind
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
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Why CAE is necessary ?
CAE brings innovation for R&D, design, production,maintenance process and is the trump to respond various,
diversified and sophisticated demands!
Using CAE・・・
1. Enable to confirm the motion of products before prototyping2. Enable to increase quality by solving problem at the early stage of designing
CAE is environmentally friendly!Enabling early market introduction of new products
Enabling significant reduction of number of prototypingand experiment cost
Enable to address hard-to prototype products
Enabling prior quality validation for high-level productdesign
Enabling experiment for safer product development
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
CAE employment case
Utilize CAE analysis for production proposals for in-house plastics development, identify productscharacteristics data to enhance proposals
Source:Nikkan Jidosha Shimbun 2018/9/19 P3 (Kuralay)
Modelize, numerize all car, control occupants, and environment to aim design without actual vehicle
Source:Nikkan Kogyo shinbun 2018/3/20 P7 (MAZDA)
Use CAE for product development for fiber products to reduce the number of prototype to 3 timesfrom several dozen
Source:Nikkei Sangyo Shimbun 2018/1/9 P7 (Asahi-Kasei)
Develop the model enable to reproduce all phenomenon of engine to mitigate development burdenSource:Nikkan Jidosha Shimbun 2017/8/24 P1 (AICE)
Enhance Model-based development to reduce development time and cost for production vehicle
Source: Nihon Keizai Shinbun 2016/9/24 P1 (HONDA)
Shortening simulation analysis speed for air resistance to accelerate aircraft development
Source:Nikkei Sangyo Shimbun 2016/9/23 P7 (JAXA)
Utilizing thermal fluid analysis software, contribute shortening of design and development for highperformance tire
Source:Nikkan Jidosha Shimbun 2016/6/22 P5 (EXA Japan, THE YOKOHAMA RUBBER CO., LTD.)
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© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
Company Name CYBERNET SYSTEMS Co., Ltd. (Stock code: 4312, the First Section of Tokyo Stock Exchange)
Head Office Fuji Soft Bldg., 3, Kanda Neribei-cho, Chiyoda-ku, Tokyo 101-0022
Branch Offices Nishi-Nihon Branch Office in Osaka and Chubu Branch Office in Nagoya
Founding date April 17, 1985
Capital 995 million yen
Representative Directors Reiko Yasue, Representative Director, President, Managing Officer, Chief Executive Officer
Number of Employees Consolidated / 593, Non-Consolidated / 366 (as of December 31, 2018)
Business Providing CAE solutions and IT solutions(Product sales, contract analysis, consulting, software development)
Partners(Software Vendors)
Over 20 software companies mostly in the U.S., including ANSYS, Inc., Synopsys, Inc., Symantec Corporation and others
Consolidated subsidiaries【Developing subsidiaries】
• Sigmetrix,LLC(US)Headcount: 24
• Maplesoft(Canada)Headcount: 100
• Noesis Solutions NV(Belgium)Headcount: 23
【Reseller Subsidiaries】
• 莎益博工程系統開発(上海)有限公司(China)Headcount: 34 *Cybernet China
• 思渤科技股份有限公司(Taiwan)Headcount: 34 *Cybernet Taiwan
• CYFEM(Korea)Headcount: 12
• CYBERNET SYSTEMS MALAYSIA SDN.BHD. (Malaysia)
Number of Employees: As of December 31, 2018
Corporate Overview
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© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
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Historical Overview
2010
2000
1990
1980
1970
1960
1971 Control Data Japan is open
1980 Starts CYBERNET Services
1985 CYBERNET SYSTEMS Co., Ltd., takes over CYBERNET businessfrom Control Data Japan and launches operation
2001 Lists on the JASDAQ market.
2003 Lists on the Second Section of the Tokyo Stock Exchange.2004 Lists on the First Section of the Tokyo Stock Exchange.
2006 Establishes subsidiary CCA ENGINEERING SIMULATION SOFTWARE(Shanghai)CO.,LTD.
CYBERNET Servicesby CYBER176
2008 Establishes subsidiary CYBERNET SYSTEMS TAIWAN CO., LTD.
2009 Makes Sigmetrix, L.L.C. a wholly-owned subsidiary.
Makes Maplesoft a wholly-owned subsidiary.2010 Makes Noesis SolutionNV a wholly-owned subsidiary.
CCA ENGINEERING SIMULATION SOFTWARE(Shanghai)CO., LTD. is merged intoCYBERNET CAE SYSTEMS(Shanghai) CO., LTD
1967 Control Data Far East Tokyo branch is open
1990
1999 FUJISOFT ABC, Inc. acquires the entire stock of CYBERNET SYSTEMS.
1989 Kobe Steel Ltd. acquires the entire stock of CYBERNET SYSTEMS.
2017 Establishes subsidiary CYFEM Inc.
2020
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
0
200
400
600
800
1,000
1,200
1,400
1,600
10,000
12,000
14,000
16,000
18,000
20,000
22,000
2014 2015 2016 2017 2018 2019(Plan)
Net sales Operating Income
12
Corporate Growth and Cybernet’s Employees
In million yenNumber of Employees
47.3%
45.9%
40.2%
40.0%
12.6%
14.2%
0% 20% 40% 60% 80% 100%
Non-consolidated
Consolidated
TechnicalEngineer Sales& Marketing Administration
Cybernet’s Employees
Number of Employees
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
563575
594
620
593
520540560580600620640
2014 2015 2016 2017 2018
● CAE Development Subsidiaries
● Sales Subsidiaries
Cybernet Group’s Global Network
13
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
[Consolidated] Net sales by region
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79.6
78.5
78.8
10.0
10.3
6.9
5.5
6.5
9.8
4.5
4.4
4.3
0% 20% 40% 60% 80% 100%
FY2016
FY2017
FY2018
Japan NA Asia Europe Others
January to December, 2017
January to December, 2016
January to December, 2018
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
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Business Model
Customers
Cybernet Group
US, Europe, Domestic DevelopersOver 20 developers with 50 products and more
Users: 2,000 companies, 500 research institutions and universities
Usersrequirements
Service BusinessOriginal Products
Feedback User’s Needs
Reseller
Share localizing andtechnical know-how
Provide Vendor/Provide Vendor/
Developer’s
products
Unique Know
-how Tech
support
Technical supportConsultation with introduction
and use support
developed products
Provide in-house
developed products
Introduction,Introduction,
Operation
support
Engineering
Service
CAE
Engineers
Education
© 2018 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
Overall Business view
Mechanical CAEStructural Analysis
/ Thermal Analysis
Contract Analysis
Customize service
Operation, Introduction consulting
Multi-domain Consulting
Contract Analysis
Customize service
Operation, Introduction consulting
Multi-domain Consulting
Deploy business with Software License sales and many added value services
IT solution
IT SecurityEnd Point SecurityIT asset managementCYBERNET Cloud
Big dataInnovations supportVisualization/AR・VR
Engineering Service
CAE solution
Cybernet Group’sCybernet Group’s
Products
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© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
Optical CAEOptics design/ Illumination design
Electron CAECircuit design/ PCB
Controlling CAEModel-based Development
/ Formula manipulation
Optimization
Tolerance Analysis
[Consolidated]Overview of Results by Segment
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© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
13,166
14,910
16,345
3,004
3,262
3,874
0 5,000 10,000 15,000 20,000 25,000
FY2016
FY2017
FY2018
CAE IT
2,252
2,732
2,687
361
324
396
0 500 1,000 1,500 2,000 2,500 3,000 3,500
FY2016
FY2017
FY2018
CAE IT
Net sales
Operating income
In million yen
In million yen
(Note) Net sales and Operating income exclude consolidate adjustment.
31.9%
32.2%
29.8%
16.2%
15.6%
15.4%
13.7%
14.2%
14.6%
12.5%
12.4%
12.8%
8.6%
8.5%
8.6%
6.5%
5.4%
5.6%
10.6%
11.7%
13.3%
0% 20% 40% 60% 80% 100%
FY2016
FY2017
FY2018
Electrical equipment Machinery & Precision MachineryTransportation equipment Other manufacturing industryEducation & Research institution Telecommunication industryOthers
18
Domestic Net Sales by Category of Industry
January to December, 2018
January to December, 2017
January to December, 2016
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
19
Our Customers
Key customers by industry
Education and research
Telecommunication
Electric products
Transport machine
Precision equipment
Universities
Independentadministrative
agencies
The University of Tokyo, Kyoto University, Osaka University, Hokkaido University, Tohoku University,Chiba University, Tokyo Institute of Technology, Waseda University and others
Japan Aerospace Exploration Agency (JAXA) RIKEN, Japan Atomic Energy Agency (JAEA),National Institute of Information and Communications Technology (NICT),National Institute of Advanced Industrial Science and Technology (AIST) and others
© 2018 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
Cybernet solution for electrize, electronize of automotive
Sensor Controller
TelecommunicationsStructure-function
design
Cybernet continues to propose solutions in various technology domain.
Thermal, fluid
ElectronicCircuit・PCB
Control design・Model-based development
PIDO tool
PIDO tool
Acoustic(Noise, Vibration)
Lens Optical
IlluminationdesignPIDO tool
AutomotiveLighting design
・Head light
auto adjust・HUD・V to V radar
・Electric noise・Vibration noise
Aerodynamic noise・Weight Reduction
・Auto-cruise assist・Engine control・Transmission Control・Battery Control
(Future)・Security
<Engineering Service>
Fuel Efficiency
Structure
ECU Electromagnetic Field
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
Strength of Cybernet
Extensive specialty and global partner networkMore than 20 worlds’ top class software more than 50 kinds
Business not susceptible to external factors such as economiccycles
Target as R&D department which is inevitable to growth of manufacturers
Various user layers which is less effected by specific customersperformance
97 % of manufacturing company as customers, and are in various types of
industries thus less dependent to specific customers
Sophisticated know-how backed up by experienceOver 30 years of business experience as CAE specialized company
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© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
CAE Participants
Domestic listed company which has CAE as one of their business【TSE 1st section listed】
- INFORMATION SERVICES INTERNATIONAL-DENTSU, LTD. ( Information and
communication industry:4812 )
Internal system for parent company Dentsu and development support for manufacturers and financial firm
Main CAE domain「Control design, model based development」
- ARGO GRAPHICS INC. ( Information and communication industry :7595)
CAD system sales, Mainly maintenance service. ½ automotive. CAE emerging
- ZUKEN INC.( Electronics:6947)
Mainly software products for electronics implement design.(PCB).
Start penetration for Providing wire harness design solution
【JASDAQ listed】
- Kozo Keikaku Engineering Inc. ( Information and communication industry:4748 )
Construction, disaster prevention, communication mobile, production logistics, product design solutions, etc.
Main CAE domain 「Construction structural analysis」, 「Thermal fluid analysis」
Among those participants, Cybernet is the only company which specialized to CAE andcan provide all domains (Structural/Thermal fluid analysis, control design, model based
development, circuit design, visualization) customers need.22
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
New MarketCAE Technologies to contribute IoT (Internet of Things)
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Reproduce physical event into digital field and Predict and analyzecause of accident and problem in advance.Digital Twin
Products
Development/Design pleteManufacturing/Com
plete
Conventional Maintenance
New Maintenance
Variousinformationfrom sensor
Enable to provide failure prediction,time for maintenance information
timely
・Judge・Diagnose
“Connected” 〜Real time situation awareness〜Cause of accident, problem, analysis for effectiveness, etc.
VibrationThermalFatigue
Etc.
Big DataBig Data
windmill
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
Aircraft(Engine)
Our dividend policy
© 2019 CYBERNET SYSTEMS CO.,LTD. All Rights Reserved.
Index
Cybernet Systems further weighs healthy expansion of profit
and returning profits to shareholders, as well as promoting improvement for ROE.
Payout ratio 50%Net assets(Capitalization)dividend ratio3.0%
※ Set reference index for dividend amount whichever higher
Dividend Ratio:The ratio of dividend payout amount against net profit(after tax) of the term*Payout ratio is greater than net assets dividend ratio, and 「increase profit」makes 「increase payout」.
Net assets(Capitalization)dividend ratio: The ratio of payout for net assets(Capitalization)*Cybernet System has nearly 70% of net assets dividend ratio, as lower the effects from temporary
decreasing of profits to dividend as possible to realize stable dividend.
・Dividend record and forecast
2015 2016 2017 20182019
(Forecast)
Dividend per share JPY13.80 JPY13.00 JPY15.05 JPY16.52 JPY15.38
Payout ratio 92.8% 87.7% 50.0% - 50.0%
Net assets(Capitalization)
dividend ratio3.1% 3.0% 3.4% 3.8% 3.7%
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