Aisin Corporation · TSE:7259
Aisin — AISIN SEIKI — FY2016 Earnings Presentation
15 slides from Aisin's earnings presentation, Apr 28, 2016
Slide 1: Consolidated Financial Results
FY2016 Consolidated Financial Results (April 1, 2015 through March 31, 2016) April 28, 2016 AISIN SEIKI Co., Ltd. (http://www.aisin.com/)
Slide 2: FY2016 Overview of Financial Results
FY2016 Overview of Financial Results ①Sales increased comparing to last year due to favorable sales of classy and large cars in North America and increased volume of AT sales to European OEMs. ② Operating income increased from last year due to a cost structure improvement and forex gain, in spite of
Slide 3: FY2016 Consolidated Operating Results (12 months)
FY2016 Consolidated Operating Results (12 months) Billion ｙen Net Sales Operating Income Net Income + 278.5 billion yen +10.3 +19.4 （ +9.4%） 166.1 176.4 96.9 77.5 FY2015 FY2016 FY2015 FY2016 3,243.1 2,964.6 Ordinary Income EPS -1.5 342.67Yen 188.3 186.8 274.69Yen FY2015 FY2016 FY2015 FY2016 FY2015 F
Slide 4: FY2016 Sales by Customer (12 months)
FY2016 Sales by Customer (12 months) Billion ｙen FY2015 【 Sales 2,964.6】 Other Manufacturers sales breakdown Life & others 1,118.2 900 104.9 Toyota 315.6 Ａ/Ｍ & Others Group 800 978.3 33.5 Changan Other 292.5 1,881.3 48.3 HONDA Manufacturers 700 16.8 50.0 SUZUKI 978.3 45.4 52.1 GM 63.5% 600 52.9 55.4
Slide 5: FY2016 Segment Information (12 months)
FY2016 Segment Information (12 months) Billion ｙen Operating Income Billion 億円ｙen Net Sales 1 ,0 0 0 100 FY2015 FY2015 900 FY2016 90 FY2016 1,824.1 129.9 800 80 104.1 1,798.9 700 70 600 564.4 573.0 60 500 489.3 49.6 451.5 50 400 40 281.4 300 30 224.7 24.3 200 18.5 20 10.8 100 10 3.4 2.7 0 0 Japan No
Slide 6: FY2016 Fluctuations for Ordinary Income (12 months)
FY2016 Fluctuations for Ordinary Income (12 months) Billion ｙen 【FY2015 / FY2016】 Increase -1.5 Decrease Decrease +75.7 188.3 → 186.8 -77.2 22.5 Sales fluctuation Cost structure 29.0 improvement Forex rate 17.2 1US$ ： ￥110 →￥120 1EUR ： ¥138 →￥132 Change of 7.0 material price Depreciation -27.2 Planｎ
Slide 7: Financial Results of the Main Consolidated Companies I
Financial Results of the Main Consolidated Companies I Billion ｙen AISIN SEIKI Group 180 1,500.9 150 1,353.6 1,402.5 1,500 1,195.7 120 1,076.6 Operating income 99.1 1,000 90 Ordinary income 84.5 60 69.3 72.5 Sales 56.4 59.2 61.5 500 42.6 52.4 48.1 30 0 0 FY2012 FY2013 FY2014 FY2015 FY2016 <7,121> Bi
Slide 8: Financial Results of the Main Consolidated Companies II
Financial Results of the Main Consolidated Companies Ⅱ AISIN Takaoka Billion ｙen Group 20 247.4 263.8 275.9 300 215.4 194.4 Operating income 200 Ordinary income 10 11.2 12.3 12.5 9.5 11.2 Sales 8.7 8.9 9.3 9.1 8.1 100 0 0 FY2012 FY2013 FY2014 FY2015 FY2016 AISIN AＩ Group Billion ｙen 200 9 134.9 127.
Slide 9: Financial Results of the Main Consolidated Companies III
Financial Results of the Main Consolidated Companies Ⅲ ADVICS Group 30 <2,772> <3,076> Billion億円 ｙen 511.5 527.3 551.2 600 384.3 447.2 20 Operating income 400 Ordinary income 12.8 14.1 14.0 15.3 Sales 10 11.6 9.6 8.8 7.9 200 4.8 5.1 0 0 FY2012 FY2013 FY2014 FY2015 FY2016 億円 億円 AISIN HOLDINGS 150 <1,
Slide 10: Capital Expenditure / Depreciation
Capital Expenditure Depreciation Billion ｙen 250.0 200.0 188.2 139.2 149.0 161.0 150.0 137.7 100.0 Capital Expenditure 350 Other Overseas 294.1 300 ＡＨＡ－Ｇ 247.8 Other Domestic 250 195.0 204.7 A DV ICS－Ｇ 200 150.7 23.7 A ISIN ＡＷ－Ｇ 150 25.8 A ISIN SEIKI 100 11.4 13.1 123.2 8.2 78.8 50 52.9 66.6 74.8 26
Slide 11: R & D Expenditure
R & D Expenditure R & D Expenditure / Net Sales ％ 8.0 7.0 6.0 5.3 ％ 5.3 ％ 5.1 ％ 5.0 ％ 5.0 ％ 5.0 4.0 R & D Expenditure Billion ｙen 200 149.1 162.6 150 135.0 144.3 Others 121.4 55.4 65.8 AISIN ＡＷ-Ｇ 100 52.9 52.4 49.0 19.5 19.0 19.3 ADVICS 15.7 19.3 50 48.2 53.5 60.6 63.7 65.5 AISIN SEIKI 0 FY2012 FY20
Slide 12: Production
Production 10,000 of units ＡＴ Production ＭＴ Production 687 737 545 214 750 626 658 164 161 144 160 150 500 331 347 385 80 84 2nd H 308 2nd H 100 73 82 250 50 1st H 318 327 340 352 1st H 84 77 71 78 0 0 FY2013 FY2014 FY2015 FY2016 FY2013 FY2014 FY2015 FY2016 Navigation System Production Navigation So
Slide 13: TOYOTA Motors Production
TOYOTA Motors Production TOYOTA Motors Production 10,000 of units 901 899 887 859 － 13 －
Slide 14: Foreign Currency Exchange Rate
Foreign Currency Exchange Rate Foreign Exchange Rate 145 135Yen 138Yen 132Yen 120 107Yen 110Yen 100Yen 120Yen 95 83Yen EUR 70 USD 25 18.8Yen CNY 20 16.5Yen 18.0Yen 15 13.1Yen THB 10 3.2Yen 3.4Yen 3.4Yen 5 2.6Yen 0 Impacts on Operating Income Forex Impact on Operating Income per 1(or 0.1) yen Billion
Slide 15: Quarterly Performance
Quarterly Performance TOYOTA Motors Production(10,000 of units） Net Sales 224 224 224 226 227 223 231 224 221 219 232 Billion ｙen 221 220 220 215 1, 000 195 843.4 839.9 773.2 771.7 788.0 800 699.5 687.4 714.8 720.3 707.0 727.8 756.4 655.5 636.3 639.9 598.0 600 400 200 120 Billion ｙen Operating 7.0%