Nippon Paper Industries Co., Ltd. · TSE:3863
Nippon Paper Industries — Q1 FY2010 Earnings Presentation
13 slides from Nippon Paper Industries's earnings presentation, Jul 30, 2010
Slide 1: 1st Quarter FY2010 Financial Review
1st Quarter FY2010 Financial Review July 30, 2010 Nippon Paper Group, Inc.
Slide 2: 1st Quarter FY2010 Review
1st Quarter FY2010 Review April 1 June 30, 2010 (1) Business environment 3-5pp (2) Financial results 6-11pp (3) Earnings forecast 12p 2
Slide 3: Business environment – Domestic shipment
(1) Business environment – Domestic shipment Domestic shipment of paper and paperboard Paper industry 1Q/FY2010 (Apr. Jun.2010) change (1,000 tons) yoy Newsprint 817 -0.6% Printing & Business communication paper 2,134 -1.4% Coated 1,185 -2.5% Uncoated & Specialty printing 579 -1.1% Business communic
Slide 4: Business environment – Domestic market price trends
(1) Business environment – Domestic market price trends Trend in paper and paperboard prices Paper industry (Apr. 2008 Jun. 2010) (Apr.’08 = 1) Source: Bank of Japan”Corporate Goods Price Index” 4
Slide 5: Business environment – Major input price trends
(1) Business environment – Major input price trends Trend in raw material and fuel prices (Apr. 2008 ) \ Wastepaper Woodchip/Pulp Crude oil (Dubai) Coal Source: Paper Recycling Promotion Center, Pulp&Paper Week, Crude oil= Platts, Coal=Global Coal Index 5
Slide 6: Outline: Consolidated operating results
(2) Financial results - Outline Consolidated operating results 1Q 1Q (¥ billion) FY2009 FY2010 Change <Net sales> 254.5 273.0 18.5 <Operating income> 7.2 8.8 1.6 <Ordinary income> 8.1 7.7 -0.4 <Net income> 1.9 3.8 1.9 6
Slide 7: Financial results - Sales volume by product
(2) Financial results - Sales volume by product 1Q 1Q change (Thousand tons) FY2009 FY2010 yoy Newsprint 298 297 -0.1% Printing & Business communication paper 689 681 -1.2% Coated paper 371 365 -1.7% Uncoated paper & Specialty printing paper 158 156 -1.5% Business communication paper 160 161 0.3% Pa
Slide 8: Financial results - Segment information
(2) Financial results - Segment information Sales Operating income 1Q 1Q 1Q 1Q Change Change ¥billion FY2009 FY2010 FY2009 FY2010 Pulp and Paper 203.9 222.8 18.9 6.7 6.5 -0.1 Paper-related (packaging, chemical products) 21.7 22.7 1.0 0.6 1.9 1.2 Wood Products and Construction-related 12.3 12.8 0.5 -
Slide 9: Variance analysis for operating income 1Q/FY2009 vs. 1Q/FY2010
(2) Financial results – Variance analysis for operating income 1Q/FY2009 vs. 1Q/FY2010 Increase in operating income ¥1.6 bn (¥8.8bn ¥7.2bn Decrease in ordinary income ¥0.4 bn (¥7.7bn ¥8.1bn ¥ billion 8.8 Increase in +1.6 operating income 7.2 Sales volume +3.9 Sales Sales price price Cost Cost reduct
Slide 10: Financial results - Balance sheet
(2) Financial results - Balance sheet Mar. 31, June. 30, ¥ billion Change 2010 2010 Cash and time deposits 24.3 22.3 -1.9 Notes and accounts receivable 223.7 217.3 -6.4 Inventories 153.5 156.7 3.3 Other current assets 49.1 43.8 -5.3 Property, plant, equipment, 865.5 857.9 -7.5 and intangible fixed a
Slide 11: Financial results - Cash flow statement
(2) Financial results - Cash flow statement ¥ billion Items 1Q/FY2009 1Q/FY2010 Change Operating activities -26.3 36.1 62.4 Income before income taxes 7.2 5.6 -1.7 Depreciation 20.0 19.3 -0.7 Change in net working capital -29.7 5.1 34.8 Others -23.8 6.2 30.0 Investing activities -44.2 -59.3 -15.0 Pu
Slide 12: Earnings forecast
(3) Earnings forecast Unchanged from the estimates released April 28, 2010. (¥ billion) FY2009 FY2010 Change <Net sales> 1,095.2 1,140.0 44.8 <Operating income> 43.1 42.0 -1.1 <Ordinary income> 37.5 36.0 -1.5 <Net income> 30.1 20.0 -10.1 12
Slide 13: Disclaimer Regarding Forward-Looking Statements
Disclaimer Regarding Forward-Looking Statements Any statements in this presentation document, other than those of historical fact, are forward-looking statements about the future performance of Nippon Paper Group,Inc. and its group companies. These statements are based on management’s assumptions an