Nsk Ltd. · TSE:6471
Nsk — Q1 FY2018 Earnings Presentation
11 slides from Nsk's earnings presentation, Aug 1, 2018
Slide 1: Consolidated Business Results for the First Quarter Ended June 30, 2018
CONSOLIDATED BUSINESS RESULTS FOR THE FIRST QUARTER ENDED JUNE 30, 2018 August 1, 2018 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 FY2018: Q1
Summary of Consolidated Business Results for FY2018: Q1 Business Results for FY2018: Q1 ✓ Consolidated Business Results for FY2018: Q1 (Apr.-Jun.) (From FY2017: Q1) Net Sales : ¥ 260.7 billion (+¥ 16.9 billion / +6.9%) Segment Income＊ : ¥ 25.5 billion ( +¥ 1.5 billion / +6.2%) (%) (9.8%) Operating I
Slide 3: Summary of Consolidated Business Results for FY2018: Q1 (table)
Summary of Consolidated Business Results for FY2018: Q1 FY2017 FY2018 Increase/ Q1 1st half Full year Q1 Decrease Difference 1st half Full year (Billions of yen) <Actual> <Actual> <Actual> <Actual> YOY <FCST> <FCST> YOY Net sales 243.8 493.3 1,020.3 260.7 +16.9 +6.9% 509.0 1,020.0 Operating income 2
Slide 4: Sales & Operating Income Results by Business Segment
Sales & Operating Income Results by Business Segment FY2017 FY2018 Increase/ Q1 1st half Full year Q1 Decrease Difference 1st half Full year (Billions of yen) <Actual> <Actual> <Actual> <Actual> YOY <FCST> <FCST> YOY Total Net sales 243.8 493.3 1,020.3 260.7 +16.9 +6.9% 509.0 1,020.0 Operating incom
Slide 5: Business Results: Industrial Machinery Business
Business Results: Industrial Machinery Business (Billions of yen) Ind BRG Precision O.I O.I (%) 14.2% 11.8% 12.7% 8.1% 7.7% 8.8% 6.8% 7.3% 68.5 70.8 69.3 2.9% 62.6 64.3 61.5 57.5 14.9 15.6 15.9 54.3 53.6 13.6 12.1 13.2 10.7 9.8 10.0 10.0 53.6 55.2 8.8 49.4 49.3 50.7 53.4 44.4 43.6 46.8 8.1 5.5 4.6 4
Slide 6: Business Results: Automotive Business
Business Results: Automotive Business (Billions of yen) Auto BRG Auto Comp O.I O.I (%) 9.3% 9.5% 10.8% 9.9% 9.9% 7.4% 7.9% 8.8% 8.3% 182.8 187.8 183.6 183.3 171.2 178.1 174.2 178.0 164.3 96.2 96.3 94.7 93.8 90.1 94.4 89.9 91.6 87.5 19.7 18.6 15.9 12.2 16.8 17.2 14.1 16.1 15.3 81.0 83.6 86.6 84.2 86.
Slide 7: Sales Results by Customer Location
Sales Results by Customer Location FY2017 FY2018 Increase/ Q1 1st half Full year Q1 Decrease Difference 1st half Full year (Billions of yen) <Actual> <Actual> <Actual> <Actual> YOY <FCST> <FCST> YOY Net sales 243.8 493.3 1,020.3 260.7 +16.9 +6.9% 509.0 1,020.0 Japan 87.7 179.3 372.1 94.2 +6.5 +7.4%
Slide 8: Consolidated Balance Sheet
(Supplementary Information) Consolidated Balance Sheet Assets Liabilities / Total equity Current liabilities Current assets Change from Non- Current liabilities Change from Non-Current assets Q4 FY17 Total equity Q4 FY17 Ratio of net worth to total capital （Billions of yen） 1,106.6 +14.3 （Billions o
Slide 9: Inventories / Interest-Bearing Debt
(Supplementary Information) Inventories / Interest-Bearing Debt Inventories Interest-bearing debt Japan Non-Japan Inventory turnover Japan Non-Japan Net D/E ratio 7.4 7.2 (Times) 0.22 0.20 (Billions of yen) 143.1 147.8 (Billions of yen) 250.9 257.3 36.4 37.9 88.3 89.9 214.5 219.5 54.8 57.9 FY17 FY18
Slide 10: Capital Expenditure / Depreciation and Amortisation
(Supplementary Information) Capital Expenditure / Depreciation and amortisation Capital Expenditure (Billions of yen) Plan Japan 39.2 90 85.0 Non-Japan 29.6 68.8 60 Q1 Full Year Japan 4.4 Japan 6.0 * Including intangible assets Non-Japan 4.5 Non-Japan 4.4 30 8.9 10.4 0 FY17 FY18 Depreciation and amo
Slide 11: R&D Expenses / Number of Employees
(Supplementary Information) R&D Expenses / Number of Employees FY2017 FY2018 Full year Q1 Q2 Q3 Q4 Full year Q1 (Billions of yen) (Plan) R&D expenses 3.8 4.4 4.5 4.4 17.1 4.4 18.0 （on Statutory basis） FY2017 FY2018 (Headcount) Q1 Q2 Q3 Q4 Q1 Total: 31,614 31,760 32,021 31,861 31,924 Japan 11,575 11,