Thk Co., Ltd. · TSE:6481

Thk — H1 FY2013 Earnings Presentation

22 slides from Thk's earnings presentation, Nov 14, 2012

  1. Slide 1: Interim Financial Results Briefing

    INTERIM FINANCIAL RESULTS BRIEFING November 14th 2012 THK CO., LTD. President & CEO AKIHIRO TERAMACHI This presentation material contains forward looking statements that reflect the Company’s business plans, performance projections, and strategic forecasts. Such statements are based on information c

  2. Slide 2: 1. Financial Results

    1. Financial Results 1st Half of Fiscal Year ending March 2013 Copyright THK CO., LTD. 2012. All rights reserved.

  3. Slide 3: Financial Highlights

    Financial Highlights Net sales decreased by 15.3% from the previous year to 87.4 billion yen In Japan, despite signs of recovery becoming evident in the demand for electronics ※Geographic sales is based on where our customers are located. from the early spring, the demand once again began to decline

  4. Slide 4: Trend in Net Sales

    Trend in Net Sales Asia and other | Y/Y Down 29.1％ ●China （Industrial Equipment） Down 16.9％ ●Taiwan Down 51.0％ 103,208 ●Singapore Down 22.6％ 92,120 98,541 millions of yen 93,658 20,754 87,432 Europe | Y/Y Down 20.3％ 20,070 16,367 15,953 Asia and other ●Machine tools Down 21.4％ 10,484 14,704 ●General

  5. Slide 5: Trends in COGS and SG&A

    Trends in COGS and SG&A COGS 70.6% 71.2% 74.1% 73.0% COGS ratio 72.3% COGS ratio increased by 1.8 points Y/Y ・Decrease in net sales ・Appreciation of the yen 66,613 69,605 73,509 69,381 63,838 Millions of yen 1H 2H 1H 2H 1H 2011/3 2012/3 2013/3 SG&A Other | Y/Y : down ¥ 434 million, or 8.2％ 18.1% 18.

  6. Slide 6: [Reference] Operating Income - Cause of Change

    [Reference] Operating Income - Cause of Change - ＋0.8 ＋1.6 Japan 5,741 million The Americas 540 million 12.4 (7.0) (0.6) Europe Billions 30 million of yen 7.3 China Billions 297 million of yen Other 144 million 固 定 費 の増 加 為 替 の影 響 変 動 費 比 率 の低 下 数量効果 今期 前期 FY 2011 1H Down in Decrease in Volume Forei

  7. Slide 7: Trends in Assets, Liabilities and Net Assets

    Trends in Assets, Liabilities and Net Assets Cash and Bank Deposits | Y/Y : Up ¥ 1,160 million Total Assets 286,408 millions of yen Current Liabilities | Y/Y : Down ¥ 3,354 million Cash Flows from Operating Activities : ¥ 12,198 million Down ¥ 1,924 million from previous period ■Accounts and Notes P

  8. Slide 8: 2. Our Strategy

    2. Our Strategy Copyright THK CO., LTD. 2012. All rights reserved.

  9. Slide 9: Globalization

    Management Target Overseas Market: Full-scale globalization グロー Overseas Sales Ratio: 50% Globalization Full-Scale バル展開 Expansion of Business Areas Consolidated Net Sales: ¥300 billion Operating Margin: 20% ROA: 15% Domestic Market: Full-scale operation in the consumer products area Development of N

  10. Slide 10: Enhancement business base by promotion P25 Project

    Management Direction Enhancement business base by promotion P25 Project Full-Scale Globalization Development of New Businesses Enhancement of Sales, Manufacturing and Automotive Parts Development in China ●Efforts to encourage the adoption of linear motion Medium Term Direction ●Reinforcement of pro

  11. Slide 11: 3. Full-Scale Globalization

    3. Full-Scale Globalization Copyright THK CO., LTD. 2012. All rights reserved.

  12. Slide 12: Enhancement of Sales, Manufacturing and Development in China

    Enhancement of Sales, Manufacturing and Development in China Sales 32 bases （Established by October 2012 ） Tianjin Tangshan Harbin New Establishment Plan Beijing Zhengzhou Shijiazhuang THK CHINA Shenyang Dalian Yantai Qingdao Jinan Nanjing Development Xian Wuxi Shanghai Jiaxing Suzhou Pudong Chengdu

  13. Slide 13: Enhancement of the Global Manufacturing Structure

    Enhancement of the Global Manufacturing Structure THK Manufacturing THK Manufacturing of Europe (FRA) of America (USA) THK Manufacturing THK RHYTHM of Ireland (IRL) NORTH AMERICA (USA) THK MANUFACTURING SAMICK THK OF VIETNAM (VNM) (Head Office Plant) (KOR) THK RHYTHM MEXICANA Scheduled to start of o

  14. Slide 14: 4. Development of New Businesses

    4. Development of New Businesses Copyright THK CO., LTD. 2012. All rights reserved.

  15. Slide 15: Development of ACE Division Seismic Isolation and Damping System

    Development of ACE Division New Seismic Isolation Platforms Table TGS Seismic Isolation and Damping for House The number of adoption Being adopted by a steadily grows rapidly increasing number of buildings Seismic Damping for House Seismic Isolation Other for House 1% 1% 3% Seismic Isolation Seismic

  16. Slide 16: Development of IMT Division: Promotion Overseas Production

    Development of IMT Division Promotion Overseas Production SAMICK THK Head Office Plant SAMICK THK （Korea） Korea） Dalseong Plant （Korea） Korea） DALIAN THK （China） China） Multi- Multi-Axis Series THK WUXI （China） China） Universal Series THK Yamagata Plant （Japan） Japan） Peripheral control equipment Pr

  17. Slide 17: 5. Financial Forecast for Fiscal 2012

    5. Financial Forecast for Fiscal 2012 Copyright THK CO., LTD. 2012. All rights reserved.

  18. Slide 18: Orders Received by Region

    Orders Received by Region THK Holdings of America, L.L.C. THK Europe B.V. Y/Y, millions of dollar 125.9 91.3 Y/Y, millions of Euro 前年同期比、100万ユーロ 80 102.4 103.8 81.0 62.9 64.6 48.1 60 27.6 31.8 12.0 60 21.0 (1.4) 0.2 (5.3) (1.4) (3.8) (6.8) (23.7) (27.8) (34.1)(23.2) 40 40 20 20 0 0 1-3 4-6 7-9 10-12

  19. Slide 19: Financial Forecast (Consolidated)

    Financial Forecast (Consolidated) （Millions of yen） 2013.3 FY 2013.3 1H 2012.3 ＦＹ (Revised Nov. (May Forecast) (Result) (Result) Forecast) Net Sales 165,000 200,000 87,432 196,866 Y/Y -16.2％ +1.6% -15.3％ +3.3% Operating Income 9,000 22,500 7,331 19,745 Y/Y -54.4％ +13.9% -41.2％ -9.6% Ordinary Income

  20. Slide 20: Financial Forecast (Unconsolidated)

    Financial Forecast (Unconsolidated) （Millions of yen） 2013.3 FY 2013.3 1H 2012.3 FY (Revised Nov. (May Forecast) (Result) (Result) Forecast) Net Sales 100,300 128,200 55,279 130,107 Y/Y -22.9％ -1.5％ -23.8％ -2.7％ Domestic 73,300 90,400 39,953 88,802 Y/Y -17.5％ +1.8％ -15.5％ -3.0％ Operating Income 6,40

  21. Slide 21: Support Statement – Trends in orders, sales and backlog

    Support Statement –Trends in orders, sales and backlog （domestic - unconsolidated） – （Millions of yen) Orders 30,000 Sales Backlog 25,000 20,000 15,000 10,000 5,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6

  22. Slide 22: Support Statement – Trends in orders classified by industry

    Support Statement –Trends in orders classified by industry (unconsolidated）– （Millions of yen) 9,000 Machine tool 8,000 General Machinery Electronics 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-1

THK — H1 FY2013 Earnings Presentation on 6ix