Slide 1: Consolidated Business Results for the First Quarter Ended June 30, 2017
CONSOLIDATED BUSINESS RESULTS FOR THE FIRST QUARTER ENDED JUNE 30, 2017 August 1, 2017 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 st
Slide 2: Summary of Consolidated Business Results for FY2017: Q1
Summary of Consolidated Business Results for FY2017: Q1 Business Results for FY2017: Q1 ✓Consolidated Business Results for FY2017: Q1 (Apr.-Jun.) (From FY2016: Q1) Net Sales : ¥ 243.8 billion ( +¥12.0 billion / +5.2% ) Operating Income : ¥ 23.3 billion ( +¥8.7 billion / +59.3% ) Net Income Attributa
Slide 3: Summary of Consolidated Business Results for FY2017: Q1
Summary of Consolidated Business Results for FY2017: Q1 FY2016 FY2017 Increase/ Q1 1st half Full year Q1 Decrease % 1st half Full year (Billions of yen) <Actual> <Actual> <Actual> <Actual> Change <FCST> <FCST> YOY Net sales 231.8 455.6 949.2 243.8 +12.0 +5.2% 474.0 960.0 Operating income 14.6 27.3 6
Slide 4: Sales & Operating Income Results by Business Segment
Sales & Operating Income Results by Business Segment FY2016 FY2017 Increase/ Q1 1st half Full year Q1 Decrease % 1st half Full year (Billions of yen) <Actual> <Actual> <Actual> <Actual> Change <FCST> <FCST> YOY Total Net sales 231.8 455.6 949.2 243.8 +12.0 +5.2% 474.0 960.0 Operating income 14.6 27.
Slide 5: Sales & O.I. Results by Business Segment - Industrial Machinery Business
Sales & O.I. Results by Business Segment ー Industrial Machinery Business ー (Billions of yen) Ind BRG Precision O.I O.I (%) 11.8% 9.8% 8.8% 6.8% 8.1% 7.7% 6.3% 4.6% 2.9% 66.1 62.0 61.5 62.6 11.4 57.7 57.7 57.5 11.0 54.3 53.6 12.1 13.2 9.6 9.7 10.7 9.8 10.0 54.7 51.0 48.0 48.0 44.4 46.8 49.4 49.3 7.8
Slide 6: Sales & O.I. Results by Business Segment - Automotive Business
Sales & O.I. Results by Business Segment ー Automotive Business ー (Billions of yen) Auto BRG Auto Comp O.I O.I (%) 9.9% 11.7% 10.8% 9.9% 9.4% 9.0% 9.3% 9.5% 7.4% 177.8 182.1 178.1 182.8 169.7 176.0 171.2 174.2 164.3 95.0 97.4 93.5 94.4 96.2 89.9 88.9 90.1 87.5 21.3 19.7 17.7 16.0 15.9 15.9 16.8 17.2
Slide 7: Sales Results by Customer Location
Sales Results by Customer Location FY2016 FY2017 Increase/ Q1 1st half Full year Q1 Decrease % 1st half Full year (Billions of yen) <Actual> <Actual> <Actual> <Actual> Change <FCST> <FCST> YOY Net sales 231.8 455.6 949.2 243.8 +12.0 +5.2% 474.0 960.0 Japan 77.3 157.2 330.5 87.7 +10.4 +13.4% 174.5 35
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet Assets Liabilities / Total equity Ratio of net worth to total capital Current assets Non-current assets Current liabilities (Billions of yen) Change from Q4 Non- Current liabilities Change from Q4 Total equity 1,065.1 1,044.0 1,065.1 1,044.0 +21.2 (Billions of yen) 965.7 9
Slide 9: Inventories / Interest-bearing Debt
Inventories / Interest-bearing Debt Inventories Interest-bearing debt Japan Non-Japan Inventory turnover Japan Non-Japan Net D/E ratio (Times) 7.2 7.2 7.2 0.27 0.28 0.24 (Billions of yen) 138.7 (Billions of yen) 131.8 126.2 271.2 267.4 264.9 37.7 43.2 40.8 81.6 87.2 76.5 233.5 224.2 224.0 49.7 50.2
Slide 10: Capital Expenditure / Depreciation
Capital Expenditure / Depreciation Capital Expenditure (Billions of yen) Japan 31.5 Plan 70 Non-Japan 27.1 68.0 60 58.6 50 Q1 40 Japan 4.4 Full Year Japan 4.4 30 Non-Japan 3.6 Non-Japan 4.5 * Including intangible assets 20 8.0 8.9 10 0 FY16 FY17 Depreciation (Billions of yen) 60 Japan 19.4 Plan 50 N
Slide 11: (Supplementary Information) R&D Expenses / Number of Employees
(Supplementary Information) R&D Expenses / Number of Employees FY2016 FY2017 Q1 Q2 Q3 Q4 Full year Q1 Full year (Billions of yen) (Plan) R&D expenses 2.8 3.2 3.2 4.6 13.9 3.8 15.0 FY2016 FY2017 (Headcount) Q1 Q2 Q3 Q4 Q1 Total: 31,701 31,544 31,545 31,501 31,614 Japan 11,503 11,419 11,363 11,291 11,