Ushio Inc. · TSE:6925
Ushio — Q1 FY2006 Earnings Presentation
13 slides from Ushio's earnings presentation, Jul 31, 2006
Slide 1: USHIO INC.
USHIO INC. July 31,2006 Lighting-Edge Technologies
Slide 2: Consolidated Statements, FY2006 1st Quarter
Consolidated Statements , Fy2006 1st Quarter (Billions of yen) Actual Actual AACERMEE FY2006 10 pital ('05.4~6) ('06.4~6) eile Net Sales 27.5 22.5% Operating Income 3.8 | 5.3 | 39.7% Ordinary Income 5.2 29.2% Net Income 3.6 | 4.3 | 17.7% Operating Margin Ratio 13.9% 15.9% Ordinary Margin Ratio 18.8%
Slide 3: Consolidated Statements, FY2006 1st Half Projection
Consolidated Statements , Fy2 Actual Actual Y/Y Actual FY2005 1H FY2006 1H Changes 2006/3 Net Sales 59.0 | 68.5 | 129.3 Operating Income 8.7 | 10.0 | 18.5 Ordinary Income 11.4 [ Tae | 23.2 Net Income 7.4 14.9 Operating Margin Ratio 14.7% 14.3% Ordinary Margin Ratio 19.4% 18.0% Net Margin Ratio 12.5%
Slide 4: Results of Operation [Quarter Transition]
Results of Operation [quarter Transition] HE sNet Sales Operating Income Operating Margin Ratio (Billions of yen) (Billions of yen) 40 - +10 3 35 - 34.8 bE rT] 30 ar 7" | z 29.7] B1.6 25 + 4 20+ ie 15 - 10 - BL 0 aaa 0 2005//1Q 2005/2Q 2005/3Q 2005/4Q 2006/1Q 2006/2Q 2006/3Q 2006/4Q 2007/1Q 2007/20
Slide 5: Quarter Statements, 2007/3
: Quarter Statements, 20073 (Billions of yen) 2006/3 2007/3 10 2Q 3Q 4Q 1Q Net Sales 27.5 31.5 31.6 38.7 33.7 Operating Income 3.8 4.9 4.2 5.6 5.3 Ordinary Income 5.2 6.3 5.4 6.4 6.7 Net Income 3.6 3.8 3.4 4.1 4.3 Operating Margin Ratio 13.9% 15.5% 13.3% 14.5% 15.9% Ordinary Margin Ratio 18.8% 19.9%
Slide 6: Results of Operation [6-month Basis]
Results of Operation [6-month Basis] 80 -— 70 60 50 40 30 20 10 2006.07.31 (Billions of yen) ME Net Sales (ee COperating Income Operating Margin Ratio (Billions of yen) 415 2002/9 2003/3 2003/9 2004/3 2004/9 2005/3 2005/9 2006/3 2006/9 (Projected) Figure marked > is adjusted to 12-month basis result
Slide 7: Assets Change
(Billions of yen) Change 213.0 3.0 2.4 eeeeeeeeeeceeee Cash and bank deposits A2.4 eeeeecececeeeee Notes and accounts receivable A1.2 ecccecececeeeee Marketable securities 1.1 eee eeeee Inventories ecceee Seeceeee Other current assets 0.1 eccecccccccccee Property,Plant and equipment 3.3 Intangible a
Slide 8: Liabilities - Shareholders' equity
Liabilities - Shareholders’ equity Change 213.0 aie oe A0.7 eeeeeeceeeeeeee Notes and accounts payable (Bilions of yen) 2.8 eeeeeceeeeeeeee Other current liabilities A0.5 ececceccecceeee Long-term liabilities 1.5 eccecececececee Shareholders’ equity Equity Ratio 2006/3 2006/6 2006/3 2006/6 70.7% 70.
Slide 9: Sales by Product Groups
a a = Sales by Product Groups (Billions of yen) 38.7 40 Machinery for Industrial use 35/- and Other Business Illumination and Related Facilities 30 |- Imaging Equipment ° 15.2 2+ 2 Es o 4 + 2b § Optical Equipment =] oO 6 15- 5 Fa 8.6 17.6 woL 2 17.0 i Discharge Lamps hi 15.8 a . a — Ss rg } a2 | | a
Slide 10: Segment Information
= Segment Information Net Sales by Region Operating Income by Region (Billions of yen) (Billions of yen) 20 - ME FY2005 10 4- HE FY2005 10 ia Fy2006 10 GE Fy2006 1a 3.6) 3k 2.4 2 = 8 1.5 17 F 3 0.4 0.3 0.1 0.1 Japan Overseas pul (Asia) (Europe) Japan Overseas sybils (Asia) (Europe) Lighting-£dge Tec
Slide 11: Cash Flow: Operating, Investing, Financing Activities
(Billions of yen) seceee Operating Activities age eeceee Investing Activities geeeeceeee Financing Activities gee Free cash flow % ( ) Change from the prior period 5L FY2005 1Q FY2006 1Q Cash and cash equivalents 25.4 Cash and cash equivalents 22.7 at beginning of the year i at beginning of the year
Slide 12: Capital Expenditures, Depreciation and Amortization, R&D Expenses
: Capital Expenditures,Depreciation and Amortization,R&D Expenses Capital Expenditures Depreciation and Amortization R&D Expenses (UE capital Expenditures (Billions of yen) (EQN Depreciation and Amortization (olnare ale) illions of yen: 15 - 12.8 6) 12 - 5+ gb ay 2 3 fF h ak [ E 14 , 1.2 31, 7 2003/
Slide 13: Lighting-Edge Technologies
Lighting-Edge Technologies This report contains forward-looking statements which reflect management’ s views at the time of the announcement with respect to certain future events and financial performance. Actual results may differ materially from those projected or implied in any forward-looking st