CAPACITORS: COSTS TO PRODUCE: 2013

Transcription

1 CAPACITORS: COSTS TO PRODUCE: 2013 Paumanok Publications, Inc. 502 Ballad Creek Court Cary NC, USA Customer Service: (919)

2 CAPACITORS: COSTS TO PRODUCE: 2013 Copyright 2013 Paumanok Publications, Inc. Published by: Paumanok Publications, Inc. Publication Date: July 2013 Pages: 163 $2, USD For General Consumption Paumanok Publications, Inc. 502 Ballad Creek Court Cary NC, USA Customer Service: (919) ISBN # (2013) It is our mission to empower manufacturers, distributors, OEM, EMS, financial institutions and governments with unbiased market research to protect their assets, build their wealth and prosper in goods times and bad. All rights reserved. Permission to reprint materials is expressly prohibited without the prior written consent of Paumanok Publications, Inc.. The accuracy of the data used is deemed reliable but not guaranteed. There is no assurance that past performance will be repeated in the future. 2

3 CAPACITORS: COSTS TO PRODUCE: 2013 Table of Contents CHAPTER ONE: INTRODUCTION: Focus of This Specific Report: Research Methodology: KEY DEFINITIONS: Total Cost: Fixed Costs: Variable Costs: Raw Material Costs: Variable Overhead Costs: Variable Labor Costs: CHAPTER TWO: EXECUTIVE SUMMARY: CAPACITORS: COST OF GOODS SOLD: FY Cost of Sales and Operating Profits: FY 2013: TRENDS IN CGS AND PROFITS: Fixed and Variable Costs For Capacitors: All Dielectrics Combined: FY Capacitor Operating Margins: FY Fixed and Variable Cost Analysis: FY Fixed Costs: FY Variable Cost Structure Related To Capacitors: FY Variable Raw Material Costs: FY Variable Labor, Overhead and Manufacturing Costs: FY HISTORICAL TRENDS IN THE COSTS TO PRODUCE CAPACITORS: FY 2007, 2008, 2009, 2010, 2011, 2012, HISTORICAL TRENDS IN THE OPERATING PROFITS OF CAPACITORS: FY 2007, 2008, 2009, 2010, 2011, 2012, COST TO PRODUCE ANALYSIS: ELECTROSTATIC CAPACITORS: FY Ceramic Capacitors: FY Plastic Film Capacitors: FY COST TO PRODUCE ANALYSIS: ELECTROLYTIC CAPACITORS: FY Aluminum Electrolytic Capacitors: FY Tantalum Capacitors: FY Summary and Conclusions: FY A LOOK AT THE TOP CAPACITOR VENDORS AND THEIR COST STRUCTURE: FY Establishing Cost of Goods Sold For The Top Capacitor Manufacturers: Who To Look At And Why: (A) Cost of Goods Sold For The Top 12 Global Capacitor Producers: FY (B) Gross Profit Margins For The Top 12 Global Capacitor Producers: FY : Global Market Value, Volume and Average Unit Pricing for Capacitors: FY Actual and 2013 Forecasts Volume Shipment Update: FY Trend In Global Volume Shipments For Capacitors: FY Value Shipment Update: FY Global Consumption Value For Capacitors: FY :

4 2.29 Pricing Update: FY Average Unit Selling Price For Capacitors: FY Global Capacitor Demand By Type (Dielectric): FY Ceramic Capacitor Markets: FY Tantalum Capacitor Markets: FY Aluminum Electrolytic Capacitors: FY DC Film Capacitor Markets: FY AC Power Film Capacitors: FY Other Capacitors: Capacitor Demand By Key Country: Capacitor Consumption By Country: Capacitor Consumption By End-Use Market Segment: 2013 FY Ending March Forecast and Update Capacitor Sales By End-Use Market Segment For The Top Vendors of Capacitors: FY Capacitor Unit Content Per Black Box: FY : Forecasted Impact of The Black Box Build On Capacitor Shipment Volumes: FY Capacitor Vendors: Global Sales & Market Shares: FY 2012-FY Capacitors: Overall Market Share Data and Vendor Strategy: FY 2012 to FY Forecasted Change In Capacitor Market Shares: FY 2012-FY Competitive Environment in Ceramic Capacitors: FY Ceramic Capacitor Vendors: Detailed Market Shares: FY Ceramic Capacitor Manufacturers: FY 2013 Sales & Market Shares Changes in Market Shares in Ceramic Capacitors: FY 2012 to FY Competitive Environment in Tantalum Capacitors: FY Tantalum Capacitor Manufacturers: FY 2013 Sales & Market Shares Forecasted Changes in Market Shares in Tantalum Capacitors: FY 2013 to FY Competitive Environment in Aluminum Capacitors: FY Aluminum Capacitor Manufacturers: FY 2013 Sales & Market Shares Forecasted Changes in Market Shares in Aluminum Electrolytic Capacitors: FY 2012 to FY Competitive Environment in Plastic Film Capacitors: FY Plastic Film Capacitor Manufacturers: FY 2013 Sales & Market Shares Plastic Film Capacitor Manufacturers: Changes In Global Shares: FY 2012 to FY Capacitor Market Forecasts: FY FORECASTS: Global Value of Consumption For Capacitors: FY Ceramic Capacitors: Outlook Aluminum Electrolytic Capacitors: Outlook Tantalum Capacitors: Outlook DC Film Capacitors: Outlook AC Power Film Capacitors: Outlook Other Capacitors: Outlook Five Year Capacitor Market Forecasts: Global Capacitor Unit Shipments By Type: ; Forecasts: Global Capacitor Volume Shipments By Dielectric: ; F Global Capacitor Pricing By Type: ; Forecasts: CHAPTER THREE: CERAMIC CAPACITORS: COSTS TO PRODUCE Ceramic Capacitors (The Industry Workhorse): Ceramic Capacitor Types: Ceramic Capacitor Configurations: CERAMIC CAPACITORS: COSTS TO PRODUCE: FY Breakdown of Cost of Goods Sold For Ceramic Capacitors: FY Raw Material Costs Associated With Ceramic Capacitors: FY Fixed Costs Associated With The Production of Ceramic Capacitors: FY Variable Overhead Costs Associated With The Production of Ceramic Capacitors: FY

5 3.9 Variable Labor Costs Associated With The Production of Ceramic Capacitors: FY Variable Manufacturing Costs In The Production of Ceramic Capacitors: FY CERAMIC CAPACITORS: RAW MATERIALS BREAKDOWN: Ceramic Dielectric Materials: Electrode Materials: Termination Materials: Assembly Materials: Packaging Materials: The Importance of Ceramic Capacitor Yield Ratios To Profitability: High Cap Ceramics: Low Cap Ceramics: Specialty Ceramics: TECHNICAL ECONOMICS OF CERAMIC DIELECTRIC MATERIALS: Scientific Maxim #1: Capacitance & Surface Area: Why Ceramic Capacitors Are So Economical: IMPORTANCE OF RAW MATERIALS (BARIUM CARBONATE AND TITANIUM DIOXIDE) Scientific Maxim #2: The Requirement of Capacitance In Electronic Circuits: INDUSTRY SNAPSHOT: UNDERSTANDING THE SUPPLY CHAIN FOR CERAMIC DIELECTRIC MATERIALS: Supply Chain Map Of The Ceramic Dielectric Materials Industry: 2012: Mining: Processing: Formulation: MERCHANT & CAPTIVE SUPPLY CHAIN MAPPING: CAPTIVE VERSUS MERCHANT MARKETS: CAPTIVE VERSUS MERCHANT MARKET FOR CERAMIC MATERIALS: FY Captive Versus Merchant Markets: Description: Captive Market For Ceramic Dielectric Materials: Captive Market: A Description Of Ceramic Dielectric Materials Produced: Why Companies Produce Ceramic Dielectric Materials Captively: Captive Market: Barium Titanate: Captive Market: Formulations: Captive Market: Additives: Captive Market For Ceramic Dielectric Materials: Production Volumes: MERCHANT MARKET FOR CERAMIC DIELECTRIC MATERIALS: Merchant Market: A Description Of Ceramic Dielectric Materials Produced: Merchant Market: Barium Titanate: Merchant Market: Formulations: Merchant Market: Additives: Merchant Market Reliance; and Captive Production of Ceramic Dielectric Materials By Ceramic Component Manufacturer: 2013 FY Ceramic Dielectric Material Consumption By Capacitor Manufacturer: Merchant Versus Captive: FY 2012 Estimates Competitive Environment in Ceramic Dielectric Materials: FY CERAMIC DIELECTRIC VENDORS: OVERALL 2013 SALES & MARKET SHARES Ceramic Dielectric Materials: Market Shares: BEST PRACTICES FOR INCREASING PROFITABILITY IN CERAMIC CAPACITORS:

6 CHAPTER FOUR: ALUMINUM ELECTROLYTIC CAPACITORS: COSTS TO PRODUCE Aluminum Capacitor Types: Aluminum Capacitor Configurations: ALUMINUM ELECTROLYTIC CAPACITORS: COST TO PRODUCE: FY Aluminum Capacitors: Worldwide Revenues: FY Aluminum Capacitors: Operating Margin: FY Aluminum Capacitors: Cost of Sales: FY Market Trends In CGS and Operating Margins for Aluminum Electrolytic Capacitors: FY 2013 Versus FY Aluminum Capacitors: Cost of Goods Sold: FY Fixed Costs Associated With The Production of Aluminum Electrolytic Capacitors: FY 2013: Variable Costs Associated With The Production of Aluminum Electrolytic Capacitors: FY 2013: Raw Material Costs Associated With The Production of Aluminum Electrolytic Capacitors: FY 2013: Variable Overhead Costs Associated With The Production of Aluminum Electrolytic Capacitors: FY 2013: Variable Labor Costs Associated With The Production of Aluminum Electrolytic Capacitors: FY 2013: Variable Other Manufacturing Costs Associated With The Production of Aluminum Electrolytic Capacitors: FY 2013: Capacitor (Anode and Cathode) Foils: Can and Sleeve: Electrolytes and Associated Chemistry: Rubber End Seals: Separator Paper: Electrode/Tab Materials: Lead Wires: PPS/Foot Tape: Other Costs: Estimated Costs To Produce Aluminum Electrolytic Capacitors By Type: FY 2012: Foil Costs In a Radial Leaded 105 Degree C 5x11.5 mm Aluminum Electrolytic Capacitor: Foil Costs In a Radial Leaded 105 Degree C 12.5 x 20mm Aluminum Electrolytic Capacitor: Foil Costs In a Vertical Chip 4.0x5.5 mm Aluminum Electrolytic Capacitor: Foil Costs In a Vertical Chip 10x10.5 mm Aluminum Electrolytic Capacitor: Foil Costs In Snap-In 105 Degree C 400 or 450 Vdc Aluminum Electrolytic Capacitor: COMPETITIVE ENVIRONMENT & MARKET SHARES IN CAPACITOR FOILS: Competition In The Supply Chain For Capacitor Foils: 2013: Understanding The Capacitor Foil Supply Chain, Yield Ratios and Stockpiling: Dramatic Shift In The Thin Foil Supply To The Capacitor Industry in FY 2013: Understanding The Players At Each Level of The Supply Chain For Capacitor Foil: FY 2013: Thin Gage Foil For Electrolytic Capacitors: Suppliers by World Region: Japan Vendors of Thin Gage Foil For Further Engineering Into Etched and formed Anode and Cathode Foils: European Vendors of Thin Gage Foil For Further Engineering Into Etched and formed Anode and Cathode Foils: American Vendors of Thin Gage Foil For Further Engineering Into Etched and formed Anode and Cathode Foils: Global Trends In Thin Gage Capacitor Foil Supply: FY 2013: Top Vendors of Thin Gage Foil For Electrolytic Capacitors (Anode & Cathode Combined): FY 2012: Top Suppliers of Thin Gage Foil For Capacitor Anode: FY 2013: Top Suppliers of Thin Gage Foil For Capacitor CATHODE: FY 2013: Merchant Market Suppliers of Etched and Formed Capacitor Foils to the Global Capacitor Industry:

7 4.44 Captive Supply: Capacitor Manufacturers Who Etch and Form Their Own Foil: BEST PRACTICES IN COST SAVINGS FOR ALUMINUM ELECTROLYTIC CAPACITORS: CHAPTER FIVE: PLASTIC FILM CAPACITORS: COSTS TO PRODUCE DC Film Capacitor Types: DC Film Capacitor Configurations: AC Film Capacitor Types: AC Film Capacitor Configurations: Global Plastic Film Capacitor Revenues: FY Operating Margins For Plastic Film Capacitors: FY Cost of Sales For Plastic Film Capacitors: FY Fixed Costs For Plastic Film Capacitors: FY Variable Costs For Plastic Film Capacitors: FY Changes in The Financial Structure of The Global Plastic Film Capacitor Market: FY 2013 Versus FY Raw Material Costs For Plastic Film Capacitors: FY Fixed Costs For Plastic Film Capacitors: FY Variable Overhead Costs For Plastic Film Capacitors: FY Variable Labor Costs For Plastic Film Capacitors: FY Other Manufacturing Costs For Plastic Film Capacitors: FY Raw Material Cost Breakdown For The Production of Plastic Film Capacitors: FY Metallized Film: Packaging Materials: Lead Wires/Terminal Attachments: Other Materials: AC FILM CAPACITORS: COSTS TO PRODUCE: AC Film Capacitor Revenues: AC Film Capacitors: Operating Margins: AC Film Capacitors: Cost of Goods Sold AC Film Capacitors: Fixed Costs AC Film Capacitors: Variable Costs Raw Material Costs: Variable Overhead: Variable Labor: Other Variable Costs: DC FILM CAPACITORS: COSTS TO PRODUCE: DC Film Capacitor Revenues: DC Film Capacitors: Operating Margins: DC Film Capacitors: Cost of Sales DC Film Capacitors: Fixed Costs DC Film Capacitors: Variable Costs Raw Material Costs: Variable Overhead: Variable Labor: Other Variable Costs: Raw Materials Consumption By Type: AC Versus DC Film AC Film Capacitors: Metallized & Unmetallized Polypropylene Film: Cans and Casings: Dielectric Fluids: Separator Foils: Separator Papers:

8 5.48 Electrode & Tab Materials: End Seals: Lead Wires and Lugs: Other AC Film Capacitor Materials: DC Film Capacitors: Metallized PET Film and Other Films: Packaging/Casing: Epoxy Fills: Dielectric Wrapping Tape: Lead Wires: Other DC Film Capacitor Raw Materials: Market Shares In Polypropylene Supply To The Global Cap Industry: Market Shares In Polyethylene Terephthalate Supply To The Global Cap Industry: Summary: Top Global Vendors of Capacitor Grade Plastic Film To The Cap Industry: 2013: BEST PRACTICES IN COST SAVINGS FOR PLASTIC FILM CAPACITORS: CHAPTER SIX: TANTALUM CAPACITORS: COSTS TO PRODUCE Tantalum Capacitor Types: Tantalum Capacitor Configurations: TANTALUM CAPACITORS: COSTS TO PRODUCE: FY Changes In The Costs To Produce Tantalum Capacitors: FY 2013 Versus FY Variable Cost Structure For Tantalum Capacitors: FY Variable Raw Material Costs: Tantalum Capacitors: FY Fixed Costs For Tantalum Capacitors FY 2013: Variable Overhead Charges for Tantalum Capacitors: FY 2013: Variable Labor Costs For Tantalum Capacitors: FY 2013: Other Variable Manufacturing Charges for Tantalum Capacitors: FY Tantalum Capacitors: Cost of Raw Materials By Type: FY Tantalum Metal Powder and Wire: FY Leadframes: FY Silver Materials: FY Cathode Materials: Epoxy Resin: Other Materials: Tantalum Capacitors: Costs To Produce By Type MN02 Cathode Type: Conductive Polymer Cathode Type: Specialty Tantalum Capacitors: Axial, Radial and Wet Slug: Tantalum Value Chain To The Capacitor Industry: BEST PRACTICES IN COST SAVINGS FOR TANTALUM CAPACITORS: CHAPTER SEVEN: COSTS TO PRODUCE BY CAPACITOR MANUFACTURER AVX: AVX CORPORATION (NYSE: AVX : RIC 6971:): Introduction To AVX Corporation: Annualized Revenues For AVX Corporation: Revenues For AVX Corporation: by Quarter (In Millions of USD) AVX Revenue By Product Group: CY Notes On Advanced Products Group: Notes On Ceramic Components Group:

9 AVX Revenue Trend By End-Use Market Segment: AVX Revenue Trend By World Region: AVX SWOT ANALYSIS AVX: Strengths AVX Weaknesses: AVX Opportunities: AVX Threats: AVX CORPORATION: COST OF GOODS SOLD AND OPERATING PROFIT TREND: KEMET KEMET ELECTRONICS (NYSE: KEM): Introduction To Kemet Annual Revenues For KEMET: (USD in Millions) Quarterly Revenues For KEMET: (USD in Millions) Kemet Revenues by World Region: FY Changes in KEMET Revenues By World Region: Kemet Revenues By Product Group: FY 2011, 2012 and 2013 Forecast Kemet Revenues By End-Use Market Segment: FY FY2013 and FY 2014 Outlook For KEMET Electronics Corp KEMET SWOT ANALYSIS KEMET Strengths: KEMET Weaknesses: KEMET Opportunities: KEMET Threats: KEMET CORPORATION: COST OF GOODS SOLD AND OPERATING PROFIT TREND: MURATA MURATA MANUFACTURING COMPANY LIMITED (RIC: 6981): About Murata: Annual Revenues for Murata s Capacitor Group: Quarterly Revenues For MURATA: {Cap Operations Only} Murata Revenues By End-Use Market Segment: FY Murata Revenues By World Region: FY Change In Regional Revenues At Murata: FY2013 Outlook For Murata Manufacturing Company: MURATA SWOT ANALYSIS Murata Strengths: Murata Weaknesses: Murata Opportunities: Murata Threats: MURATA MANUFACTURING COMPANY: COST OF GOODS SOLD AND OPERATING PROFIT TREND: NICHICON NICHICON CORPORATION (RIC: 6996) About Nichicon: Annual Revenues For NICHICON: FY (Yen in Billions) Quarterly Revenues For NICHICON: (Yen in Billions) FY2013 Quarterly Estimates and Outlook For Nichicon NICHICON SWOT ANALYSIS Nichicon Strengths: Nichicon Weaknesses: Nichicon Opportunities:

10 Nichicon Threats: NICHICON CORPORATION: COST OF GOODS SOLD AND OPERATING PROFIT TREND: NIPPON CHEMI-CON NIPPON CHEMI-CON CORPORATION (RIC:6996) About Nippon Chemi-Con: Annual Revenues for Nippon Chemi-Con: FY (In Billions of Yen) Quarterly Revenues for Nippon Chemi-Con: (In Billions of Yen) FY2013 Quarterly Estimates and Outlook For Nippon Chemi-Con NIPPON CHEMI-CON SWOT ANALYSIS Nippon Chemi-Con Strengths: Nippon Chemi-Con Weaknesses: Nippon Chemi-Con Opportunities: Nippon Chemi-Con Threats: NIPPON CHEMI-CON CORP.: COST OF GOODS SOLD AND OPERATING PROFIT TREND: PANASONIC PANASONIC ELECTRONIC DEVICES (RIC: 6752): Panasonic Company Description: Merger With Sanyo: Panasonic Passive Component Revenues: Panasonic Revenues by World Region: Panasonic Revenues by End-Use Market Segment: PANASONIC SWOT ANALYSIS Panasonic Strengths: Panasonic Weaknesses: Panasonic Opportunities: Panasonic Threats: PANASONIC: COST OF GOODS SOLD AND OPERATING PROFIT TREND: RUBYCON RUBYCON CORPORATION (PRIVATE) Company Description Rubycon Product Lines: Other Products: Rubycon Revenue Estimates For Passive Components Rubycon Revenues By Product Line and Type: Rubycon Estimated Operating Profit: Rubycon Revenues By End-Use Market Segment Rubycon Manufacturing Footprint in Asia: Rubycon Passive Component Technology Assessment: RUBYCON SWOT ANALYSIS Rubycon Strengths: Rubycon Weaknesses: Rubycon Opportunities: Rubycon Threats: SEMCO SAMSUNG ELECTRO-MECHANICAL (KSE: ): About SEMCO: Annual Revenues for Samsung EMCO: FY (In Billions of Won) Quarterly Revenues for Samsung EMCO: FY (In Billions of Won) FY2013 Quarterly Estimates and Outlook For SEMCO LCR Group

11 SAMSUNG EMCO SWOT ANALYSIS SEMCO Strengths: SEMCO Weaknesses: SEMCO Opportunities: SEMCO Threats: SAMSUNG EMCO: COST OF GOODS SOLD AND OPERATING PROFIT TREND: TAIYO YUDEN TAIYO YUDEN COMPANY LIMITED (RIC: 6976): Quarterly Revenues for Taiyo Yuden CAPACITOR GROUP: FY (In Billions of Yen) FY2013 Quarterly Estimates and Outlook For Taiyo Yuden Passive Components TAIYO YUDEN SWOT ANALYSIS: Taiyo Yuden Strengths: Taiyo Yuden Weaknesses: Taiyo Yuden Opportunities: Taiyo Yuden Threats: TAIYO YUDEN: COST OF GOODS SOLD AND OPERATING PROFIT TREND: TDK TDK CORPORATION (RIC: 6762): About TDK Corporation: Annual Revenues for TDK s Capacitor Group: Quarterly Revenues For TDK Capacitors Group: (Yen in Billions) FY2013 Quarterly Estimates and Outlook For TDK-EP Capacitors TDK SWOT ANALYSIS: TDK-EPC Strengths: TDK-EPC Weaknesses: TDK-EPC Opportunities: TDK-EPC Threats: TDK CORPORATION: COST OF GOODS SOLD AND OPERATING PROFIT TREND: VISHAY INTERTECHNOLOGY VISHAY INTERTECHNOLOGY (NYSE:VSH) About Vishay: Quarterly Revenues For Vishay Intertechnology (Capacitor Group Only): (Millions of USD) Vishay Capacitors Group Revenues & Forecasts: VISHAY SWOT ANALYSIS: Vishay Strengths: Vishay Weaknesses: Vishay Opportunities: Vishay Threats: VISHAY INTERTECHNOLOGY: COST OF GOODS SOLD AND OPERATING PROFIT TREND: WALSIN WALSIN TECHNOLOGY CORPORATION (2492): About Walsin: Quarterly Revenues For WALSIN Capacitors Group: FY2013 QUARTERLY ESTIMATES AND OUTLOOK FOR WALSIN TECHNOLOGY WALSIN SWOT ANALYSIS Walsin Strengths: Walsin Weaknesses: Walsin Opportunities:

12 Walsin Threats: WALSIN TECHNOLOGY CORP.: COST OF GOODS SOLD AND OPERATING PROFIT TREND: YAGEO YAGEO CORPORATION (TW 2327): About Yageo: Quarterly Revenues For Yageo Corporation: (Billions of NT$) QUARTERLY ESTIMATES AND OUTLOOK FOR YAGEO CORPORATION YAGEO SWOT ANALYSIS: Yageo Strengths: Yageo Weaknesses: Yageo Opportunities: Yageo Threats: YAGEO CORPORATION: COST OF GOODS SOLD AND OPERATING PROFIT TREND: List of Figures Figure 1: Costs To Produce and Operating Profit Margins By Capacitor Type: FY Figure 2: Cost of Sales and Operating Profits for Capacitors: FY Figure 3: Fixed and Variable Costs For Capacitors (All Dielectrics Combined): FY Figure 4: Costs To Produce Capacitors Over Time: FY 2007 to FY Figure 5: Operating Profits For Capacitors Over Time: FY 2007-FY Figure 6: Major and Minor Competitors In The Global Capacitor Markets By Capacitor Type: FY Figure 7: Cost of Goods Sold for The Top 12 Manufacturers of Capacitors: FY 2007 through FY Figure 8: Gross Profit Margin For The Top 12 Global Capacitor Producers: FY 2007 Through FY Figure 9: Global Market Value, Volume and Average Unit Pricing For Capacitors: FY Figure 10: Global Consumption Volume for Capacitors: FY Figure 11: Global Consumption Value For Capacitors: FY Figure 12: Global Average Unit Selling price for Capacitors: (In USD) Figure 13: Changes in Global Value of Demand for Capacitors By Dielectric: FY 2009-FY 2013 and Percent Change in Demand for FY Figure 14: Changes in Capacitor Consumption Value By Dielectric: FY 2012 to FY Figure 15: Global Consumption Value for Capacitors By Country: FY Figure 16: Capacitor Consumption By Type and End-Use Market Segment (Strengths and Weaknesses by Dielectric) Figure 17: Global Consumption Value for Capacitors By End-Use Market Segment: FY Figure 18: Competitive Environment for Capacitors By End-Use Market Segment: FY Figure 19: Revenues By End-Use Market Segment For The World's Top Capacitor Manufacturers: FY 2013 Estimates Figure 20: Average Capacitor Content By Black Box Type: FY Figure 21: Forecasted Shift in Capacitor Unit Consumption Volume By Key Product Market: FY Figure 22: Top 13 Vendors of Capacitors: FY 2012 Capacitor Revenues & Market Shares Figure 23: Forecasted Change in Capacitor Market Shares By Vendor: FY 2012-FY Figure 24: Ceramic Capacitor Manufacturers: FY 2013 Market Shares Figure 25: Changes in Global Market Shares In The Worldwide Ceramic Capacitor Industry: FY 2012-FY Figure 26: Tantalum Capacitor Manufacturers: FY 2013 Market Shares Figure 27: Forecasted Changes in Tantalum Capacitor Market Shares For FY Figure 28: Aluminum Electrolytic Capacitor Vendors: FY 2013 Market Shares Figure 29: Forecasted Changes in Global Market Shares In Aluminum Electrolytic Capacitors:

13 Figure 30: Plastic Film Capacitor Manufacturers: FY 2013 Market Shares Figure 31: Changes in Plastic Film Capacitor Market Shares: FY 2012 to FY Figure 32: Global Capacitor Revenue Forecasts: FY (All Types) Figure 33: Global Capacitor Consumption Value Forecasts By Dielectric: FY Figure 34: Global Consumption Volume Forecasts for Capacitors By Type: FY (In Billions of Pieces) Figure 35: Average Unit Pricing Forecasts For Capacitors By Type: FY (In USD per Thousand Pieces) Figure 36: Change in Economics For Ceramic Capacitor Production Over Time Figure 37: Costs To Produce Ceramic Capacitors: FY Figure 38 Raw Materials Consumed in the Production of Ceramic Capacitors: Cost Breakdown: FY Figure 39: Supply Chain Map Of The Ceramic Dielectric Materials Industry: FY Figure 40: Mining, Engineering and Composition Supply to The Merchant and Captive Markets Figure 41: Ceramic Dielectric Material Consumption By Capacitor Manufacturer: Merchant Versus Captive: FY 2012 (In Tons) Figure 42: Competitive Environment in Ceramic Dielectric Materials by Type: FY Figure 43: Ceramic Dielectric Material Vendors: FY 2013 Global Market Shares (All Materials Combined) Figure 44: Changes in Operating Margins and Cost of Sales for Aluminum Electrolytic Capacitors: FY 2013 Versus FY 2010 (In Millions of USD) Figure 45: Aluminum Electrolytic Capacitors: Cost of Goods Sold Breakdown: FY Figure 46: Raw Material Cost Breakdown for Aluminum Electrolytic Capacitors By Type: 2012/ Figure 47: Estimated Costs To Produce Aluminum Electrolytic Capacitors By Type: FY Figure 48: Structure of The Supply Chain for Capacitor Foils: FY Figure 49: Affects of Yields and Stockpiling on the Supply Chain for Capacitor Foil: FY Figure 50: Changes in The Supply of Thin Gage Foil in FY Figure 51: The Key Players At Each Level of The Capacitor Foil Supply Chain: FY Figure 52: Top Vendors of Thin Gage Foil For Electrolytic Capacitors (Anode & Cathode Combined) FY Figure 53: Top Suppliers of Thin Gage Foil For Capacitor ANODE: FY Figure 54: Top Suppliers of Thin Gage Foil For Capacitor CATHODE: FY Figure 55: Merchant Market Suppliers of Etched and Formed Capacitor Foils: FY 2012 Market Shares Figure 56: Top 14 Capacitor Manufacturers Who Etch and Form Their Own Foil: Figure 57: Changes In The Financial Structure of The Global Plastic Film Capacitor Market: FY 2013 Versus FY Figure 58: Variable and Fixed Costs To Produce For Plastic Film Capacitors: FY Figure 59: Raw Material Cost Breakdown For The Production of Plastic Film Capacitors: FY Figure 60: Plastic Film Capacitors: Costs To Produce: AC Film Versus DC Film Types: FY Figure 61: Plastic Capacitors: Raw Material Consumption BY Type: AC and DC Film: FY 2013 (In Millions of USD) Figure 62: Polypropylene Film Suppliers To The Global Capacitor Industry: 2013 Market Shares Figure 63: Metallized PET Film Vendors To The Worldwide Capacitor Industry: 2013 Estimated Market Shares Figure 64: Top Global Vendors of Capacitor Grade Plastic Film To The Capacitor Industry: 2012 Market Share Figure 65: Tantalum Capacitor Cost To Produce Comparison: FY 2013 Versus FY Figure 66: Fixed and Variable Cost Structure For The Production of Tantalum Capacitors: FY Figure 67: Raw Materials Breakdown For The Production of Tantalum Capacitors FY Figure 68: Tantalum Value Chain To The Worldwide Capacitor Industry: Figure 69: AVX Annualized Revenues: FY Figure 70: AVX Revenues By Product Grouping: CY

14 Figure 71: AVX Shift In Revenues By End- Use Market Segment: CY Figure 72: AVX Revenue Trends By World Region: CY Figure 73: AVX Corporation: CGS and Operating Profit Trend: Figure 74: Annualized Revenues at KEMET Corporation: FY Figure 75: Quarterly Revenue Trends At KEMET Corporation: Figure 76: Kemet Revenues By World Region: FY Figure 77: Changes in Revenues By World Region at KEMET: Figure 78: Change in Revenues at KEMET By End- Market: FY FY Figure 79: KEMET Overall Revenues By End- Use Market Segment: FY Figure 80: KEMET Corporation: CGS and Operating Profit Trend: Figure 81: Annualized Revenues For The Murata CAPACITOR Group: Figure 82: Quarterly Revenues for Murata's Capacitor Group: Figure 83: Murata's Revenues By End- Use Market Segment: FY Figure 84: Murata Revenues By World Region: FY Figure 85: Trends in Regional revenues at Murata: Figure 86: Murata Manufacturing Company: CGS and Operating Profit Trend: Figure 87: Annualized Revenues for Nichicon Corporation: FY Figure 88: Quarterly Revenues for Nichicon Corporation: Figure 89: Nichicon Corporation: CGS and Operating Profit Trend: Figure 90: Annual Revenues for Nippon Chemi-Con: FY (In Billions of Yen) Figure 91: Quarterly Revenues for Nippon Chemi-Con: FY (In Billions of Yen) Figure 92: Nippon Chemi-Con: CGS and Operating Profit Trend: Figure 93: Panasonic: CGS and Operating Profit Trend: Figure 94: Annual Revenue Estimates for Rubycon: FY (In Billions of Yen) Figure 95: Annual Revenues for Samsung EMCO: FY (In Billions of Won) Figure 96: Quarterly Revenues for Samsung EMCO: FY (In Billions of Won) Figure 97: Samsung EMCO: CGS and Operating Profit Trend: Figure 98: Quarterly Revenues for Taiyo Yuden CAPACITOR GROUP: FY (In Billions of Yen) Figure 99: Taiyo Yuden: CGS and Operating Profit Trend: Figure 100: Annual Revenues for TDK S CAPACITOR GROUP: FY (In Billions of Yen) Figure 101: Quarterly Revenues for Nippon Chemi-Con: FY (In Billions of Yen) Figure 102: TDK Corporation: CGS and Operating Profit Trend: Figure 103: Quarterly Revenues for Vishay Capacitor Group: FY (In Billions of Yen) Figure 104: Vishay Intertechnology: CGS and Operating Profit Trend: Figure 105: Annual Revenues for Walsin Technology Corp.: FY (In Billions of NT$) Figure 106: Walsin Technology Corp.: CGS and Operating Profit Trend: Figure 107: Quarterly Revenues for Yageo Corp.: FY (In Billions of Yen) Figure 108: Yageo Corporation.: CGS and Operating Profit Trend: