Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — H1 FY2009 Earnings Presentation
13 slides from Oki Electric Industry's earnings presentation, Nov 5, 2009
Slide 1: Financial Results for the First Half of FY ending March 31, 2010
Financial Results for the First Half of FY ending March 31, 2010 November 5, 2009 Oki Electric Industry Co., Ltd. • The projections and plans in this material are subject to change depending upon the changes of business environments and other conditions. • Indication method of amounts in hundred mil
Slide 2: Table of Contents
Table of Contents I. Financial results for the 1H, FY ending Mar. 2010 1. Profit and loss 2. Segment information 3. Changing factors of operating income 4. Balance sheets 5. Cash flows II. Full Year Projections of the FY ending Mar. 2010 1. Summary 2. Qualitative information c©Copyright ○ Copyright
Slide 3: 1H Profit and Loss
1H Profit and Loss 1H 1H [YoY comparison] (Billion yen) FY Mar. 2010 FY Mar. 2009 Impact of semiconductor transfer: Net sales declined by 54.1B yen Net sales 189.0 286.9 Operating loss improved by 5.1B yen Excluding Semiconductors 189.0 232.8 ¾SG&A decreased impacted by Cost of sales 138.6 221.4 sem
Slide 4: Summary of Segment Information
Summary of Segment Information [YoY comparison] * In the segment information, Semiconductors segment is excluded from the previous year’s results. z Net sales decreased by 43.8 B yen - Info-Telecom: In financial business, the replacement for ATMs and a large project of bank branch systems had ran it
Slide 5: Segment Information: Info-telecom Systems
Segment Information: Info-telecom Systems Net sales Net sales ¾ Financial market: (Billion yen) Overall net sales decreased as the replacement for ATMs in retail markets and a large project of bank branch systems had ran its 135.1 course,etc. 110.3 11.2 Others ¾ Telecom: 5.5 39.1 Information systems
Slide 6: Segment Information: Printers
Segment Information: Printers Impact of currency exchange Net sales ¾ Net sales declined by 10.2B yen. Operating income declined by 3.0B yen (Billion yen) 82.9 Net sales decreased by 4.4B yen excluding the impact of currency exchange 68.3 Mono NIP/ 36.8 SIDM, etc. ¾ Color NIP: 29.4 Despite the impac
Slide 7: Changing Factors of Operating Income
Changing Factors of Operating Income z Operating income increased by 3.8B yen YoY through efforts to reduce production and procurement costs and to optimize fixed costs. Despite decrease in marginal profit from volume and price decline, in addition to the impact of strong yen. Operating income (bill
Slide 8: Balance Sheet [Assets]
Balance Sheet [Assets] Cash and cash equivalents remained approximately the same level as March 31 despite decrease from redemption of corporate bonds, as free cash flow increased due to working capital improvement. Due to the tendency of larger sales in Q4, notes and accounts receivables at March e
Slide 9: Balance Sheet [Liabilities and shareholders' equity]
Balance Sheet [Liabilities and shareholders’ equity] Interest bearing debt declined through redemption of corporate bonds, etc. Though the valuation adjustments increased due to rise of valuation of owned shares, total shareholders’ equity fell from the loss during this quarter. (billion yen) 570.8
Slide 10: Cash Flows
Cash Flows Free cash flows increased mainly from improved net income during first half. Expense in cash flows from financing activities increased through redemption of corporate bonds. (billion yen) 1H 1H Notes (billion yen) March end. 2010 March end. 2009* I. Cash flows from operating activities 25
Slide 11: Table of Contents
Table of Contents I. Financial results for the H1, FY ending Mar. 2010 1. Profit and loss 2. Segment information 3. Changing factors of operating income 4. Balance sheets 5. Cash flows II. Full Year Projections of the FY ending Mar. 2010 1. Summary 2. Qualitative information c©Copyright ○ Copyright
Slide 12: Full Year Projections for the Fiscal Year end. March 2010 [Summary]
Full Year Projections for the Fiscal Year end. March 2010 [Summary] In light of recent business performance, net sales for “Other” segment has been revised downward by 4.0 B yen. Income remains the same due to efforts in saving expenses. Full year projections (billion yen) Previous FY end Mar.2010 V
Slide 13: Qualitative Information
Qualitative Information [Net sales] For “Other” segment, given the challenging economic circumstances, business performance for components related business has weakened and net sales has been revised downwards by 4.0 B yen from the previous projections. ¾Info-telecom segment: Sales declined as proje
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