Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — Q3 FY ending March 2017 Earnings Presentation

22 slides from Oki Electric Industry's earnings presentation, Feb 2, 2017

Slide 1: Financial Results for the First Nine Months of the FY ending March 31, 2017
Financial Results for the First Nine Months of the FY ending March 31, 2017 February 2, 2017 Oki Electric Industry Co., Ltd. © Copyright 2017 Oki Electric Industry Co., Ltd. 1
Slide 2: Table of Contents
Table of Contents I. Financial results for the first nine months, FY ending Mar. 2017 1. Overview of Q3 2. Summary of Financial Results 3. Segment Information (Net sales) 4. Segment Information (Operating income) 5. Changing Factors of Operating Income 6. Balance Sheets 7. Cash Flows © Copyright 201
Slide 3: Overview of Q3
Overview of Q3  Summary of Business Overall OKI’s performance is generally going according to its full year projections announced in October 2016.  Non-operating expenses Foreign exchange losses were reduced due to reviewing some deals in foreign currencies to reduce the impact of currency exchang
Slide 4: Summary of Financial Results
Summary of Financial Results Its business performance turned out approximately as planned though both net sales and operating income decreased year on year. 4.3 B yen of foreign exchange losses in non-operating expenses were recorded (recorded 3.4 B yen of foreign exchange losses in the same period
Slide 5: Segment Information (Net sales)
Segment Information (Net sales) ICT : Sales for telecom carriers and fire-fighting digital wireless systems, and large projects for public sector decreased year on year (these factors were incorporated in our plan). Mechatronics systems : Sales of ATMs for China decreased as the market was in a lull
Slide 6: Segment Information (Operating income/loss)
Segment Information (Operating income/loss) ICT : Effects of the structural reform etc. offset the impact of decrease in sales volume. Mechatronics systems : Operating income decreased due to lower sales volumes in Chinese market. Printers :Operating income/loss worsened mainly due to the impact of
Slide 7: Changing Factors of Operating Income (year on year)
Changing Factors of Operating Income (year on year) OKI made the effort to reduce fixed costs, etc. against the impact of decrease in sales volume. (Billion yen) (6.5) 7.5 0.4 FY 15 Changes in (3.5) ＋3.0 FY 16 volume and first nine product mix +1.5 (1.5) first nine months Reduction in Impact of Chan
Slide 8: Balance Sheets
Balance Sheets Total assets were reduced by the reduction of working capital. Levels of shareholders’ equity ratio and D/E ratio were stable and approximately the same level as at the beginning of the current fiscal year. (Billion yen) Dec. 2016 Mar. 2016 Variance Current assets 222.9 277.6 (54.7) F
Slide 9: Cash Flows
Cash Flows Cash flows from operating activities improved drastically due to the reduction of working capital. Interest-bearing debts were reduced by utilizing free cash flows. 9 months 9 months FY end. FY end. Variance (Billion yen) Mar.2017 Mar.2016 Ⅰ Cash flows from operating activities 31.9 (0.2)
Slide 11: Segment Information (Full-year Net Sales and Operating Income)
Segment Information (Full-year Net Sales and Operating Income） Net Sales Operating Income © Copyright 2017 Oki Electric Industry Co., Ltd. 11
Slide 14: Quarterly Transition of Net Sales and Operating Income (Mechatronics Systems)
Quarterly Transition of Net Sales and Operating Income(Mechatronics Systems) © Copyright 2017 Oki Electric Industry Co., Ltd. 14
Slide 18: Quarterly Transition of Profit and Loss
Quarterly Transition of Profit and Loss FY end. FY end. Mar. 31, 2016 FY end. Mar. 31, 2017 Mar. 31, 2017 Results Full year 1Q 2Q 3Q 4Q 1Q 2Q 3Q （Billion yen） (Plan) Net sales 109.8 113.2 114.6 152.7 93.2 106.1 105.6 465.0 Operating income 3.5 0.1 3.9 11.1 0.7 (1.3) 1.0 15.0 Non-operating income & 2
Slide 19: Financial Highlights
Financial Highlights FY end. Mar. 31, 2016 FY end. Mar. 31, 2017 Results （Billion yen） 1Q 2Q 3Q 4Q 1Q 2Q 3Q Total assets 421.9 412.5 414.8 411.8 387.1 371.9 379.6 Net assets 119.8 113.6 110.6 107.4 99.2 93.1 92.5 Interest-bearing debt 109.5 114.8 118.3 122.1 118.7 107.8 109.7 Shareholders’ equity 11
Slide 20: Capital Expenditure and R&D Expenses Projections
Capital Expenditure and R&D Expenses Projections Property, Plant & Eqip. (Billion yen) R&D Expenses [Capital Expenditure] 11.7 11.5 13.3 13.0 Others 1.8 2.0 2.0 2.0 Others 0.9 1.0 EMS 2.4 2.0 2.7 3.0 Printers Printers 5.0 4.0 4.1 2.0 Mechatronics Mechatronics systems 3.5 ICT systems 2.2 5.0 3.9 ICT
Slide 21: Notice
Notice • The projections and plans in this material are based on information currently available to OKI as of the date of publication and certain assumptions judged as rational, therefore actual results are subject to change depending upon the changes of business environments and other conditions. •

Oki Electric Industry — Q3 FY ending March 2017 Earnings Presentation on 6ix

Oki Electric Industry — Q3 FY ending March 2017 Earnings Presentation

Slide 1: Financial Results for the First Nine Months of the FY ending March 31, 2017

Slide 2: Table of Contents

Slide 3: Overview of Q3

Slide 4: Summary of Financial Results

Slide 5: Segment Information (Net sales)

Slide 6: Segment Information (Operating income/loss)

Slide 7: Changing Factors of Operating Income (year on year)

Slide 8: Balance Sheets

Slide 9: Cash Flows

Slide 10: Reference

Slide 11: Segment Information (Full-year Net Sales and Operating Income)

Slide 12: Quarterly Transition of Net Sales and Operating Income

Slide 13: Quarterly Transition of Net Sales and Operating Income (ICT)

Slide 14: Quarterly Transition of Net Sales and Operating Income (Mechatronics Systems)

Slide 15: Quarterly Transition of Net Sales and Operating Income (Printers)

Slide 16: Quarterly Transition of Net Sales and Operating Income (EMS)

Slide 17: Sales by Region

Slide 18: Quarterly Transition of Profit and Loss

Slide 19: Financial Highlights

Slide 20: Capital Expenditure and R&D Expenses Projections

Slide 21: Notice

Slide 22: © Copyright 2017 Oki Electric Industry Co., Ltd.