Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q3 FY2012 Earnings Presentation
18 slides from Hirose Electric's earnings presentation, Feb 1, 2013
Slide 1: Business Results of Third Quarter, FY2012
Business Results of Third Quarter, FY2012 Creative Links to World Electronic Feb 1st, 2013 Hirose Electric Co.,Ltd 1
Slide 2: Cautionary Statement
Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward-looking statements. Thank
Slide 3: Business Situation of 3Q FY2012
Business Situation of 3Q FY2012 〔1Q FY2012〕 ◎Except for the Korean company with strong orders, order level is low in Mobile/Smartphone market. On the other hand, Automotive continues to maintain the high level order, and order of Digital consumer electronics has also increased in May and June. 〔2Q F
Slide 4: Orders and Sales Changes: All Connectors
2012 Mar- Dec Orders and Sales Changes (Non-consolidated Basis, Index Number) All Connectors 120 Good trend in Chinese Adjustment in Chinese Smartphone Smartphone, and continuous low level of Industrial market 105 102 103 97 98 101 99 96 100 FY2011 Average = 100 100 96 91 97 96 96 95 94 93 94 92 91
Slide 5: Orders and Sales Changes: Mobile / Smartphone
2012 Mar- Dec Orders and Sales Changes (Non-consolidated Basis, Index Number) Mobile / Smartphone 120 Order increase in Chinese Smartphone 110 119 109 99 100 107 FY2011 Average = 100 92 92 87 89 99 90 96 85 92 85 77 77 80 84 Sluggish order in 69 68 Adjustment in 70 Chinese Smartphone existing major
Slide 6: Orders and Sales Changes: Digital Consumer Electronic
2012 Mar- Dec Orders and Sales Changes (Non-consolidated Basis, Index Number) Digital Consumer Electronic 120 Order increase in Digital still camera 110 and Game console 107 105 96 96 98 100 FY2011 Average = 100 92 90 86 97 96 97 82 83 82 82 81 80 84 76 78 71 70 63 60 Impact of Christmas sales end 5
Slide 7: Orders and Sales Changes: Automotive
2012 Mar- Dec Orders and Sales Changes (Non-consolidated Basis, Index Number) Automotive 150 Impacted by domestic automotive manufacturers 140 production reduction due to 132 the boycott of Japanese 130 128 129 goods in China 130 126 119 120 123 126 124 113 123 122 112 109 110 114 105 111 107 100 FY
Slide 8: Orders and Sales Changes: Associated Electric Equipment, FA Controlling Device, Others
2012 Mar- Dec Orders and Sales Changes (Non-consolidated Basis, Index Number) Associated Electric Equipment, FA Controlling Device, and Others 110 100 100 98 98 FY2011 Average = 100 96 94 90 93 88 87 92 92 91 86 86 87 83 87 86 84 84 80 82 Sluggish order via distributors, etc. 70 Mar Apr May Ju n Ju
Slide 9: Orders and Sales Changes: Consolidated Sales / Order
2012 Mar- Dec Orders and Sales Changes (Hirose Consolidated Basis, Index Number) Consolidated Sales / Order Hirose Korea keeps good trend but 120 Upturn due to good trend in Chinese parent company Smartphone and Hirose Korea sluggish 111 110 108 105 104 105 105 102 99 100 99 106 104 98 100 FY2011 Av
Slide 10: Business Results for 3Q FY2012
Business Results for 3Q FY2012 (h u n dre d m illio n s o f Ye n ） （A)FY2011 （ B)FY2 0 1 2 (B)-(A) (B)/(A) Majo r c h an g e s o ve r prio r s ame pe rio d 1Q - 3Q 1Q - 3Q ( u n it: h u n dre d m illio n s o f Ye n ) [S ale s] - 1 2 .6 de c re ase Sales 722.7 710.1 -12.6 -1.7% Hirose Japan -49.1 Sub
Slide 11: Quarterly Sales and Profits
Quarterly Sales and Profits （hundred millions of Yen） 500 50.0% 40.0% 400 Sales 29.1% 27.3% 30.0% 25.6% 24.3% 25.0% 24.0% 23.5% 23.8% 20.7% 300 18.0% 17.1% Recurring 20.0% 248 243 Profit 234 241 237 242 225 224 231 225 231 10.0% 200 Recurring Profit 0.0% Ratio 100 68 66 64 59 53 48 58 57 58 -10.0% 4
Slide 12: Sales by Market (Consolidated Basis)
Sales by Market（Round Number） 〔Consolidated Basis〕 FA C o nt ro llin g E quipme n t 2 % Offic e Offic e Oth e rs Mo bile P h on e Mach in er y 3 % Mac h in er y 3 % 21 % Oth er s Mobile Ph on e 30% 2 5% 29% C able ＦＡ C on trolling C o mmu nic at io Equ ipmen t 3 % FY2011 1Q – 3Q n 3% FY2012 1Q – 3Q
Slide 13: Sales Changes by Market (Consolidated Basis)
Sales Changes by Market （Round Number）〔Consolidated Basis〕 1%up FY2011 1Q-3Q 21%down FY2012 20%up 1Q-3Q 17%down Digital Computer FA Mobile Industrial Associated Office Consumer Related Phone / and others Electronic Machinery Controlling Electronics Equipment Equipment Smartphone Equipment ※１ Automot
Slide 14: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio （％） 64 61 59 60 60 56 Over seas 50 Sale s 45 41 Rati o 40 36 32 Over seas 30 32 Prod uctio n Rati o 20 10 0 FY2008 FY2009 FY2010 FY2011 FY2012 H24.3Q 1Q-3Q 14
Slide 15: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen） Account （A）Mar 31, 2012 （B）Dec 31, 2012 （B）－（A） Remark C ash an d C ash in Ban k 1,077.0 1,113.7 36.7 Increase in domestic subsidiaries Tr ade Re c e ivable s 233.4 242.7 9.3 Increase in Hirose K orea, etc. In ve n to rie s 71.9 76.8 4.
Slide 16: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen） Account （A）Mar 31, 2012 （B）Dec 31, 2012 （B）－（A） Remark Notes Pay able and Account 104.2 107.6 3.4 In crease in Hirose Korea, e tc . Paya ble Inc ome Taxe s P ayable , etc 32.1 26.1 -6.0 Du e to tax paymen t Othe rs 82.6 102.6 20.0 Incre
Slide 17: Capital Investment and Depreciation Change
Capital Investment and Depreciation Change (Domestic Consolidated Basis) （hundred millions of Yen） Previously 80 75 40.0 (%) ↓ 70 68 6 8 Previously 35.0 66 64 ↓ C a p i t al 62 62 I n v e s tm e n t 59 60 56 30.0 D e p r e ci a t i o n 49 50 25.0 44 39 40 20.0 C a p i t al I n v e s tm e n t Ratio 3
Slide 18: Business Forecast for the Year Ended March 31, 2013
Business Forecast for the Year Ended March 31, 2013 ( h u n dre d millio n s o f Y e n ） 中間期 First 第２四半期累計 中間期 Half 年間 For 年間the Year FY2011 (Actual) FY2012 (Forecast) Over the Previous Actual Amount Over the Previous Actual Amount Amount Amount Fir st Half For the Yea r First H alf For t he Year Ch