Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — FY2009 Earnings Presentation
21 slides from Hirose Electric's earnings presentation, May 14, 2010
Slide 1: Business Results for the year ended March 31, 2010
Business Results for the year ended March 31,2010 Creative Links to World Electronic May 14th 2010 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 FY2009
Business Situation of FY2009 [ 1Q FY2009 ] • Partial correction in connectors for oversea mobile. However, orders for domestic digital consumer electronic and automobile have increased steadily. [ 2Q FY2009 ] • Sales for mobile has increased steadily. Digital consumer electronics and automotives, de
Slide 4: 2009 Orders and Sales Changes (Domestic Consolidation Basis, Index Number)
2009 Orders and Sales Changes (Domestic Consolidation Basis, Index Number) 100 2008 Sep ＝100 86 81 76 76 77 80 73 73 70 67 67 79 60 63 77 74 69 71 60 66 66 65 65 61 57 55 40 Order 20 Sales 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY2009 FY2010 4
Slide 5: FY2009 Orders and Sales Changes by Markets: Mobile
FY2009 Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) <Mobile> 100 2008 Sep = 100 80 70 70 71 69 62 61 58 57 Order 60 55 56 53 65 67 61 47 56 58 52 56 54 Sales 50 52 40 48 46 20 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY2009 FY2010 5
Slide 6: FY2009 Orders and Sales Changes by Markets: Digital Consumer Electronic
FY2009 Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) < Digital Consumer Electronic > 100 2008 Sep = 100 88 87 77 78 80 74 69 70 62 71 73 55 Order 60 52 50 50 63 63 65 Sales 40 51 49 50 42 39 39 35 20 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY2009 FY2010 6
Slide 7: FY2009 Orders and Sales Changes by Markets: Automotive
FY2009 Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) <Automotive> 160 139 134 140 129 125 124 120 120 118 121 110 134 120 2008 Sep = 100 111 111 100 108 107 104 103 Order 98 97 80 84 67 Sales 81 60 56 59 40 20 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY200
Slide 8: FY2009 Orders and Sales Changes by Markets: Associated Electric Equipment, FA and Others
FY2009 Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) <Associated Electric Equipment, FA Controlling Device, and Others> 160 147 140 128 129 122 120 110 109 131 105 Order 95 109 100 2008 Sep = 100 80 87 104 106 74 95 98 95 Sales 80 70 81 60 70 73 63 61 40 20 0 Apr M
Slide 9: Business Results for FY2009
Business Results for FY2009 Note) Green Italics: Official amount of Nov, 2009 (hundred millions of Yen) (A)FY2008 (B)FY2009 (B)-(A) (B)/(A) Major Changes over prior same period (unit: hundred millions of Yen) 850.0 [Sales] 54.0 decrease Foreign Hirose Subsidiaries HST Sales 898.7 844.7 -54.0 -6.0% -
Slide 10: Sales and Profits
Sales and Profits (hundred millions of Yen) 1,400 L 80% Sh ehm r six Sa oc an k o l es f ds 1,155 1,180 Pr le de of a s 70% 1,200 IT a io cr it nd Bu Bub rst ble in S e per ea Sa ing ase utiv 1,044 se Pr les a cr e ec o In ons Sale 60% de fit nd s de 1,000 cre c crea as 895 899 se e Sales 834 845 50
Slide 11: Sales and Profits by Half-Yearly
Sales and Profits by Half-Yearly (hundred millions of Yen) 800 40% 33.5% 30.7% 29.7% 700 26.9% 30% 589 592 25.1% 600 550 Sales 20% 500 12.7% 444 401 Recurring 400 348 10% Profit 300 Recurring 0% Profit 197 182 200 164 Ratio 101 119 -10% 100 44 0 -20% FY2007 First FY2007 FY2008 First FY2008 FY2009 Fi
Slide 12: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen） Account （A）Mar 31, 2009 （B）Mar 31, 2010 （B）－（A） Remark Cash and Cash in Bank 1,177.3 1,095.7 -81.6 Dividend, Share Buybacks, etc. Trade Receivables 186.9 240.1 53.2 Increase in Sales（FY2008 4Q 145.0→FY2009 4Q 212.0) Inventories 56.2 63.
Slide 13: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A)Mar 31, 2009 (B)Mar 31, 2010 (B)-(A) Remark Notes Payable and Account 68.0 120.1 52.1 Purchase increase due to Payable production increase Income Taxes Payable, etc 25.9 48.9 23.0 Others 56.0 55.9 -0.1 Total Liabilities 149.9
Slide 14: Cash Flow
Cash Flow (hundred millions of Yen) (A)FY2008 Annual (B)FY2009 Annual Main Changes of FY2009 Cash Flows from 234.1 233.9 Pre-Tax Net Income 218.0 Operating Activities Depreciation 83.1 Notes and Accounts Receivable increase -48.9 Corporation Tax -55.0 Account Payables increase 48.6 Decrease of time
Slide 15: Sales Ratio (in round numbers)
Sales Ratio (in round numbers) FA Controling Others Equipment 2% 20% FA Controlling Equipment Office Others 2% Machinery 3% Mobile Phones 21% 33% Associated Mobile Phones Electric 34% Equipment 3% Cable FY2009 Cable FY2008 Communicatio Communication n 3% Digital 3% Consumer Electronics Wireless Wire
Slide 16: Sales Changes by Markets (in round numbers)
Sales Changes by Markets (in round numbers) 13%down FY2008 FY2009 22%down 28%up Wireless Office Mobile Digital Automotive Computer Notebook Associated FA Controlling Communication Machinery Phone Consumer Related PC Electronic Equipment Equipment Equipment *2 Cable Electronics Communication *1 *1 Co
Slide 17: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 59 60 56 52 50 46 Overseas 47 Sales Ratio 40 36 34 32 30 Overseas 31 30 Production Ratio 20 10 0 FY2005 FY2006 FY2007 FY2008 FY2009 FY2009 17
Slide 18: Capital Investment and Depreciation Changes
Capital Investment and Depreciation Changes (Domestic Consolidated Basis) (hundred millions of Yen) 100 40.0 (%) 90 92 90 90 89 35.0 80 Capital 80 Investment 70 30.0 70 66 66 66 Depreciation 25.0 60 50 44 20.0 Capital 40 Investment 15.0 Ratio 30 10.0 7.8 8.5 10.0 Depreciation 7.8 7.8 Ratio 20 7.5 7.
Slide 19: Number of Employees (financial report basis)
Number of Employees (financial report basis) (employees) 5000 4493 4146 3975 4000 3599 3617 3512 Overseas 3000 3444 3038 3176 2740 2550 2430 2000 Domestic 1000 859 937 970 1049 1067 1082 0 2005 Mar. 2006 Mar. 2007 Mar. 2008 Mar. 2009 Mar. 2010 Mar. 19
Slide 20: Distribution of Shareholders
Distribution of Shareholders 100% 2.74 2.73 5.58 8.31 10.95 90% 14.08 13.46 11.72 7.57 7.42 Treasury 80% Stocks Individual 70% and Others 39.35 40.69 43.47 41.42 60% 45.52 Foreign Corporation 50% Other 40% Corporation 14.79 14.65 14.63 12.79 Securities 30% 1.21 14.67 1.13 Firm 1.34 1.32 1.26 20% Fin
Slide 21: Business Forecast of the Year Ended March 31, 2011
Business Forecast of the Year Ended March 31, 2011 note) First Half - 1Q & 2Q, Second Half - 3Q & 4Q (hundred millions of Yen) 中間期 First Half Second 下期Half 下期 中間期 For中間期 the 年間Year FY2009 (Actual) FY2010 (Forecast) Over the Previous Actual Amount Over the Previous Actual Amount Over the Previous Act