TDK Corporation · TSE:6762
TDK — FY March 2020 Earnings Presentation
11 slides from TDK's earnings presentation, May 15, 2020
Slide 1: Consolidated Results for FY March 2020
Consolidated Results for FY March 2020 Tetsuji Yamanishi Executive Vice President © TDK Corporation 2020 Performance Briefing Fiscal Year March 2020 Corporate Communications Group May 15, 2020 1
Slide 2: Key points concerning earnings for FY March 2020
Key points concerning earnings for FY March 2020 Economic slowdown in China and the rest of the world became clear due to worsening ties between the US and China. In the fourth quarter, economic activity stagnated in each country due to the spread of COVID-19 coronavirus infections, impacting the pr
Slide 3: Consolidated full year results for FY March 2020
Consolidated full year results for FY March 2020 FY March 2019 FY March 2020 Change full year results full year results (Yen billions) Yen billions % Net sales 1,381.8 1,363.0 (18.8) -1.4 Operating income 107.8 97.9 (9.9) -9.2 Operating income margin 7.8% 7.2% -0.6 pt - Income before income taxes 11
Slide 4: FY March 2020 results - Passive Components segment
FY March 2020 results - Passive Components segment Net sales Net sales 395.5 billion yen (down 8.7% year on year) (Yen billions) Operating income 39.1 billion yen (down 33.0% year on year) 433.4 395.5 ● Ceramic Capacitors ¬ Sales and profit decreased year on year. ¬ Sales increased to the automotive
Slide 5: FY March 2020 results - Sensor Application Products segment
FY March 2020 results - Sensor Application Products segment Net sales Net sales 77.9 billion yen (up 1.8% year on year) (Yen billions) Operating loss -25.0 billion yen (up ―% year on year) 76.5 77.9 ● Sensors ¬ Sales of conventional products (Temperature and Pressure Sensors, and Hall Sensors) to th
Slide 6: FY March 2020 results - Magnetic Application Products segment
FY March 2020 results - Magnetic Application Products segment Net sales Net Sales 219.7 billion yen (down 19.5% year on year) (Yen billions) Operating income 0.4 billion yen (down 97.6% year on year) 272.8 219.7 ● HDD Heads and HDD Suspension Assemblies ¬ While HDD assembly volume dropped significan
Slide 7: FY March 2020 results - Energy Application Products segment
FY March 2020 results - Energy Application Products segment Net sales Net sales 597.7 billion yen (up 11.2% year on year) (Yen billions) Operating income 124.1 billion yen (up 36.4% year on year) 597.7 537.5 ● Energy Devices (Rechargeable Batteries) ¬ Sales and profit increased year on year. ¬ Sales
Slide 8: Breakdown of operating income changes
Breakdown of operating income changes FY March 2019 Operating income -9.9 billion yen FY March 2020 107.8 billion yen 97.9 billion yen (Yen billions) Rationalization, Benefits from SG&A expenses Sales price restructuring increase cost reduction Impairment Changes in sales reduction +1.6 (10.4) +19.1
Slide 9: Operating income quarterly results by segment
FY March 2020 quarterly results by segment 4Q of 3Q of 4Q of YoY change QoQ change (C)-(A) (C)-(B) FY March 2019 FY March 2020 FY March 2020 (Yen billions) (A) (B) (C) Yen billions % Yen billions % Capacitors 42.3 37.3 37.7 (4.6) -10.9 0.4 1.1 Inductive Devices 34.3 34.8 33.0 (1.3) -3.8 (1.8) -5.2 O
Slide 10: Cautionary statements with respect to forward-looking statements
Cautionary statements with respect to forward-looking statements This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings, and evaluations about TDK, or its group companies (TDK Group). These forward-looking
Slide 11: Text data including Q&A of performance briefing will be uploaded
Text data including Q&A of performance briefing will be uploaded on following site. https://www.tdk.com/corp/en/ir/ir_events/conference/2020/4q_1.htm