Slide 1: Consolidated Business Results for the First Quarter Ended June 30, 2015
CONSOLIDATED BUSINESS RESULTS FOR THE FIRST QUARTER ENDED JUNE 30, 2015 July 29, 2015 NSK Ltd. Cautionary Statements with Respect to Forward-Looking Statements Statements made in this report with respect to plans, strategies and future performance that are not historical fact are forward-looking sta
Slide 2: Summary of Consolidated Business Results for FY2015: Q1
Summary of Consolidated Business Results for FY2015: Q1 Business Results for FY2015: 1Q ✓Consolidated Business Results for FY2015: 1Q (Apr.-Jun.) (From FY2014: 1Q) Net Sales : ¥ 251.2 billion ( +¥ 21.9 billion / +9.6% ) Operating Income : ¥ 26.1 billion ( +¥ 5.7 billion / +27.8% ) Net Income attribu
Slide 3: Summary of Consolidated Business Results for FY2015: Q1 (Table)
Summary of Consolidated Business Results for FY2015: Q1 (Billions of yen) FY2014 FY2015 Increase/ 1st half Full year 1Q 1st half Full year 1Q Decrease % <May 11 <May 11 <Actual> <Actual> <Actual> <Actual> YOY Change FCST> FCST> Net sales 229.3 464.4 974.9 251.2 +21.9 +9.6% 490.0 1,020.0 Operating in
Slide 4: Quarterly Business Performance
Quarterly Business Performance (Billions of yen) Net sales 300 263.0 247.5 251.2 229.3 235.1 200 100 0 FY2014 1Q 2Q 3Q 4Q FY2015 1Q Operating income Ordinary income Net income attributable to Operating income margin (Billions of yen) shareholders of the parent 10.6% 11.5% 40 10.4% 8.9% 8.7% 30.3 27.
Slide 5: Sales & Operating Income Results by Business Segment
Sales & Operating Income Results by Business Segment (Billions of yen) FY2014 FY2015 1Q 1st half Full year 1Q Increase/ % 1st half Full year Decrease <May 11 <May 11 <Actual> <Actual> <Actual> <Actual> Change YOY FCST> FCST> Total Net sales 229.3 464.4 974.9 251.2 +21.9 +9.6% 490.0 1,020.0 Operating
Slide 6: Sales & O.I. Results by Business Segment: Industrial Machinery Business
Sales & O.I. Results by Business Segment ー Industrial Machinery Business ー Net Sales Operating Income/Margin (Billions of yen) (Billions of yen) 100 20 16.0% 90 Precision machinery and parts 13.4% Industrial machinery bearings 11.4% 10.5% 11.5% 80 73.5 70.4 70.3 15 70 65.7 66.8 11.8 11.3 11.4 11.8 6
Slide 7: Sales & O.I. Results by Business Segment: Automotive Business
Sales & O.I. Results by Business Segment ー Automotive Business ー Net Sales Operating Income/Margin (Billions of yen) (Billions of yen) Automotive bearings Automotive components 30 200 11.1% 176.8 10.6% 10.3% 168.4 173.5 25 154.6 157.2 9.0% 9.1% 150 18.7 18.8 20 17.8 90.4 94.7 95.0 81.5 84.0 13.9 14.
Slide 8: Sales Results by Customer Location
Sales Results by Customer Location (Billions of yen) FY2014 FY2015 Increase/ 1st half Full year 1Q 1st half Full year 1Q Decrease % <May 11 <May 11 <Actual> <Actual> <Actual> <Actual> Change FCST> FCST> YOY Net sales 229.3 464.4 974.9 251.2 +21.9 +9.6% 490.0 1,020.0 Japan 79.6 162.6 328.8 81.3 +1.7
Slide 9: Sales Results by Customer Location
Sales Results by Customer Location Net sales by customer location - quarterly performance (Billions of yen) 300 Japan The Americas Europe China Other Asia 263.0 247.5 251.2 250 235.1 234.0 36.7 229.3 224.2 35.3 35.2 205.0 208.6 30.8 33.4 27.9 31.8 200 60.5 29.4 28.1 53.3 54.7 46.7 49.4 50.4 47.1 32.
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Assets Liabilities / Net assets Net assets Non- Current liabilities Non-current assets Current assets Ratio of net worth to total capital Current liabilities (Billions of yen) Change from 4Q (Billions of yen) Change from 4Q 1,129.2 1,150.3 1,129.2 11,503.0 +21.1 +21.1 997.
Slide 11: Inventories / Interest-bearing Debt
Inventories Interest-bearing Debt Inventories Interest-bearing debt Japan Non-Japan Inventory turnover Japan Non-Japan Net D/E ratio 0.40 (Times) 7.1 7.0 6.9 0.31 0.26 (Billions of yen) (Billions of yen) 326.4 327.3 142.2 144.5 314.2 136.0 64.6 65.6 61.9 84.4 90.1 94.3 252.3 261.8 261.7 51.6 52.1 50
Slide 12: Capital Expenditure / Depreciation
Capital Expenditure Depreciation Capital Expenditure (Billions of yen) Japan 16.0 The Americas 6.1 60 Europe 4.7 Plan Asia 20.1 51.0 50 46.9 40 Japan 4.0 Japan 1.9 1Q The Americas 0.7 30 The Americas 1.1 Europe 0.7 Full year Europe 0.8 Asia 3.6 20 Asia 3.1 9.0 * Excluding intangible assets 10 6.9 0
Slide 13: (Supplementary Information) Results by Geographical Segment
(Supplementary Information) Results by Geographical Segment (Billions of yen) FY2014 FY2015 Increase/ Full year 1Q Full year 1Q Decrease % <May 11 <Actual> <Actual> <Actual> Change FCST> YOY Total Net sales 229.3 974.9 251.2 +21.9 +9.6% 1,020.0 Operating income 20.4 97.3 26.1 +5.7 +27.8% 102.0 % 8.9
Slide 14: (Supplementary Information) R&D Expenses / Number of Employees
(Supplementary Information) R&D Expenses / Number of Employees (Billions of yen) FY2014 FY2015 1Q 2Q 3Q 4Q 1Q Full year (Plan) R&D expenses 2.5 2.9 2.6 2.7 2.6 11.0 (Headcount) FY2014 FY2015 1Q 2Q 3Q 4Q 1Q Total: 30,837 31,131 31,299 31,088 31,467 Japan 11,277 11,185 11,113 11,036 11,092 The America