Kawasaki Heavy Industries Ltd. · TSE:7012
Kawasaki Heavy Industries — Q1 FY2013 Earnings Presentation
19 slides from Kawasaki Heavy Industries's earnings presentation, Jul 30, 2013
Slide 1: Financial Results for First Quarter FY2013
Financial Results for First Quarter FY2013 (for the year ending March 31, 2014) July 30, 2013
Slide 2: Table of Contents
Table of Contents I. Consolidated Results for First Quarter FY2013 II． Forecast for FY2013 Summary of Financial Results 3 Revision of Forecast for the Second Financial Results by Segment 4 Quarter (Accumulated) of FY2013 15 Details of Change in Profit I 5 Consolidated Operating Performance
Slide 3: Summary of Financial Results
I. Consolidated Results for First Quarter FY2013 Summary of Financial Results (Billion Yen) vs. FY2012.1Q FY2012.1Q FY2013.1Q Change < Orders Received > Increased as a whole due to increase in Orders Received 271.5 283.1 + 11.5 orders received in Rolling Stock and Aerospace segments, despite decreas
Slide 4: Financial Results by Segment
I. Consolidated Results for First Quarter FY2013 Financial Results by Segment (Billion Yen) Orders Received Net Sales Operating Income FY2012 FY2013 FY2012 FY2013 FY2012 FY2013 Change Change Change 1Q 1Q 1Q 1Q 1Q 1Q Ship & Offshore Structure 30.3 27.1 - 3.1 22.7 21.0 - 1.6 - 0.6 3.3 + 4.0 Rolling St
Slide 5: Details of Change in Profit I
I. Consolidated Results for First Quarter FY2013 Details of Change in Profit I - FY2013.1Q vs. FY2012.1Q - 【Operating Income】 + 10.0 ( FY2012.1Q 6.7 FY2013.1Q 16.7 ) (Billion Yen) Impact of change Effects of in material price sales decrease Impact of fluctuation + 0.1 - 2.3 Other factors of foreig
Slide 6: Details of Change in Profit II
I. Consolidated Results for First Quarter FY2013 Details of Change in Profit II - FY2013.1Q vs. FY2012.1Q - (Billion Yen) 【Non-operating Income/Expenses】 - 12.3 ( FY2012.1Q 4.9 FY2013.1Q - 7.3 ) Net Interest expense ( incl. dividend income ) - 0.2 （ - 0.3 - 0.5 ） Equity in income of unconsolidat
Slide 7: Ship & Offshore Structure
I. Consolidated Results for First Quarter FY2013 Ship & Offshore Structure Main Products： LNG carriers, LPG carriers, VLCCs, Bulk carriers, Submarines, Offshore structures FY2013.1Q （ vs. FY2012.1Q ) Orders Received: Decreased despite orders received for 1 LNG carrier and 1 bulk carrier （Billion Y
Slide 8: Rolling Stock
I. Consolidated Results for First Quarter FY2013 Rolling Stock Main Products : Electric train cars (incl. Shinkansen), Electric and diesel locomotives, Passenger coaches, Gigacell® (High-Capacity, Full Sealed Ni-MH Battery) FY2013.1Q （ vs. FY2012.1Q ） Orders Received: Increased due to orders recei
Slide 9: Aerospace
I. Consolidated Results for First Quarter FY2013 Aerospace Main Products : Aircrafts for Japan Ministry of Defense, Component parts for commercial aircrafts, Commercial helicopter, Missiles, Space equipment FY2013.1Q （ vs. FY2012.1Q ） Orders Received: Increase in orders received for component part
Slide 10: Gas Turbine & Machinery
I. Consolidated Results for First Quarter FY2013 Gas Turbine & Machinery Main Products : Jet engines, Gas turbine co-generation system, Gas engines, Diesel engines, Gas turbines & steam turbines for marine & land, Marine propulsion system, Aero-dynamic machinery FY2013.1Q （ vs. FY2012.1Q ) Orders
Slide 11: Plant & Infrastructure
I. Consolidated Results for First Quarter FY2013 Plant & Infrastructure Main Products: Industrial plants (cement, fertilizer and others), Power plants, LNG tanks, Municipal refuse incineration plants, Tunnel boring machines, Crushing machines FY2013.1Q （ vs. FY2012.1Q ） Orders Received: Decreased
Slide 12: Motorcycle & Engine
I. Consolidated Results for First Quarter FY2013 Motorcycle & Engine Main Products: Motorcycles, All-Terrain Vehicles(ATVs), Utility Vehicles, Personal Watercraft, General-purpose Gasoline Engines （Billion Yen / In accumulated amount） （Forecast in April 290.0） FY2013.1Q （ vs. FY2012.1Q ) Net Sales
Slide 13: Precision Machinery
I. Consolidated Results for First Quarter FY2013 Precision Machinery Main Products： Hydraulic components (pumps, motors & valves), Hydraulic systems for industrial use, Hydraulic marine machinery, Precision Machinery / Electric-powered devices, Industrial Robots FY2013.1Q （ vs. FY2012.1Q ） Orders
Slide 14: Financial Condition and Cash Flows
I. Consolidated Results for First Quarter FY2013 Financial Condition and Cash Flows 【Financial Condition】 (Billion Yen) FY2012 FY2013 End of End of End of June 2013 June 2012 March 2013 Total Assets 1,374.2 1,466.2 1,525.0 Shareholders’ Equity 305.4 338.2 313.9 （Ratio of shareholders’ equity to tota
Slide 15: Revision of Forecast for the Second Quarter (Accumulated) of FY2013
Revision of Forecast II． Forecast for FY2013 for the Second Quarter (Accumulated) of FY2013 (Billion Yen / In accumulated amount) (FYI) FY2013.2Q Forecast FY2012.2Q Reasons for the Revision (vs. Forecast in April) - The forecast for operating income of Forecast Forecast Change Actual second quarter
Slide 16: Consolidated Operating Performance
II． Forecast for FY2013 Consolidated Operating Performance * No changes in the forecast for FY2013 from April 25, 2013. (Billion Yen) FY2012 FY2013 Change vs. FY2012 Actual Forecast < Orders Received > Orders Received 1,369.5 1,450.0 + 80.5 Expected to increase as a whole due to increase in orders r
Slide 17: Forecast by Segment
II． Forecast for FY2013 Forecast by Segment * No changes in the forecast for FY2013 from April 25, 2013. (Billion Yen) Orders Received Net Sales Operating Income FY2012 FY2013 Change FY2012 FY2013 Change FY2012 FY2013 Change Ship & Offshore Structure 105.7 120.0 + 14.3 90.3 70.0 - 20.3 4.1 0 - 4.1 R
Slide 18: R&D/CAPEX/Number of Employees
II． Forecast for FY2013 R&D/CAPEX/Number of Employees * No changes in the forecast for FY2013 from April 25, 2013. (Billion Yen / Persons) FY2012 FY2013 Change Actual Forecast R&D Expenses 41.7 44.0 + 2.3 CAPEX (Construction Base) 78.6 84.0 + 5.4 Depreciation & Amortization 48.3 43.0 - 5.3 Domestic
Slide 19: Cautionary note on forecasts
Figures recorded in the business forecasts are forecasts that reflect the judgment of the Company based on the information available at the time of release and include risks and uncertainties. Accordingly, the Company cautions investors not to make investment decisions solely on the basis of these f
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