Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q3 FY2008 Earnings Presentation
14 slides from Hirose Electric's earnings presentation, Feb 9, 2009
Slide 1: Business Results for Third Quarter, FY2008
Business Results for Third Quarter, FY2008 Feb.9 2009 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: The Business View of FY2008 3Q
The Business View of FY2008 3Q • Accompanied by the global pullback in consumer spending and a sharp and large downhill in real economy (which all started from the USA financial crisis), each set manufactures are reviewing the sale and production plan downward, and are strongly pushing forward inven
Slide 4: FY2008 3Q Orders and Sales Changes by Markets (Domestic Consolidation Base)
FY2008 3Q Orders and Sales Changes by Markets (Domestic Consolidation Base) <Mobile Phone> <Digital Consumer Electronic> <Automotive> 120 120 120 (index) 100 100 100 97 100 100 100 92 84 82 80 80 80 82 82 79 71 65 Sale 58 58 60 60 60 61 61 Order 38 40 40 47 40 33 34 20 20 20 17 0 0 0 (FY2008) Sept.
Slide 5: Improvement Measures for Current Business Situation
Improvement Measures for Current Business Situation Basic Concept： At the moment, we intend to limit the company scale according to the low level of sales. However, we will continue to reinforce so we can bounce up when the economy recovers. Business Improvement Measures (e.g.) 1. Personnel • Cutbac
Slide 6: Business Results Summary for Third Quarter, FY2008
Business Results Summery for Third Quarter, FY2008 (hundred millions of yen) (A)FY2007 (B)FY2008 (B)-(A) (B)/(A) Major Changes over the prior same 1Q - 3Q 1Q - 3Q period (hundred millions of yen) [Sales] 154.3 decrease Foreign Hirose subsidiaries Sales 908.1 753.8 -154.3 -17.0% -135.5 -18.8 (COGS Ra
Slide 7: Sales and Profits
Sales and Profits （hundred millions of yen） 500 40% 400 34.7% 32.4% 33.0% 30.5% 309 319 28.1% 28.8% 30% Sales 300 279 289 272 261 20.1% Ordinary 203 20% Profits 200 Profit 107 105 Ratio 91 77 88 10% 100 75 41 0 0% FY2007 FY2007 FY2007 FY2007 FY2008 FY2008 FY2008 FY2008 1Q 2Q 3Q 4Q 1Q 2Q 3Q 3Q 7
Slide 8: Sales Ratio by Markets
Sales Ratio by Markets (in round numbers) FA Controling FA Controling Others Mobile Phone Others Equipment 19% Equipment 2% 19% 34% 2% Mobile Phone 36% Associated Associated Electronic Electronic Equipment3% Equipment 3% Cable Cable FY2007 1Q-3Q Communication FY2008 1Q-3Q Communication 3% 3% Wireles
Slide 9: Sales Changes by Markets (compared to last year)
Sales Changes by Markets (compared to last year) 22%down FY2007 1Q-3Q FY2008 1Q-3Q 10%up 22%down Digital Computer Office Wireless Associated FA Controlling Notebook Related Mobile Consumer Automotive Machinery Communication Electronic Equipment Phone PC Equipment Cable Equipment Electronics *2 Commu
Slide 10: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of yen) Accounts (A)Mar.31, FY2008 (B)Dec.31, FY2008 (B)-(A) Remarks Cash and Decrease in Hirose (from dividend and 1,252.5 1,170.7 -81.8 buyback) and foreign subsidiaries Cash (influenced by the strong yen). Equivalents Trade 312.1 251.9 -60.2
Slide 11: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of yen) Accounts (A)Mar. 31, 2008 (B)Dec. 31, 2008 (B)-(A) Remarks Trade Payables 162.7 116.9 -45.8 Purchase Decrease Income Tax Tax Payment-115 Payables, etc. 58.8 22.9 -35.9 Tax Appropriated +79 Allowance for Bonus Payables - Others 89.4 76.7
Slide 12: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 60 56 52 50 Overseas 46 47 Sales Ratio 41 40 34 36 34 30 30 Overseas 31 Production Ratio 20 10 0 FY2008. FY2004 FY2005 FY2006 FY2007 H20.3Q 3Q 12
Slide 13: Capital Investment & Depreciation Change
Capital Investment & Depreciation Change (hundred milions of yen) 100 40.0 (%) 90 92 90 90 89 84 35.0 Capital Investment 80 30.0 70 70 65 Depreciation 64 25.0 60 55 53 50 20.0 Investment Ratio 40 15.0 30 10.3 Depreciation 8.0 7.8 7.8 8.5 10.0 Ratio 20 7.5 7.4 7.0 6.1 5.0 10 5.3 0 0.0 FY2005 FY2006 F
Slide 14: Business Forecast For the Year Ended March 31, 2009
Business Forecast For the Year Ended March 31, 2009 (note)"Previous" regards the business forecast of FY2008 Nov. 10th (hundred millions of yen) FY2007 Second Half 下期 For the Year For the Year Actual Previous Forecast (FY2008) New Forecast (FY2008) Over the Previous Forecast Over the Previous Foreca