Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q3 FY2009 Earnings Presentation
18 slides from Hirose Electric's earnings presentation, Feb 9, 2010
Slide 1: Business Results for Third Quarter, FY2009
Business Results for Third Quarter, FY2009 Creative Links to World Electronic February 9th, 2010 Hirose Electric Co.,LTD 1
Slide 2: Cautionary Statement
Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward- looking statements. Thank
Slide 3: Business Situation of 3Q FY2009
Business Situation of 3Q FY2009 [1Q FY2009] • Partial correction in connectors for oversea mobile. However, orders for domestic digital consumer electronic and automobile have increased steadily. [2Q FY2009] • Sales for mobile has increased steadily. Digital consumer electronics and automotives, des
Slide 4: 2009 (Apr–Dec) Orders and Sales Changes (Domestic Consolidation Basis, Index Number)
2009 (Apr–Dec) Orders and Sales Changes (Domestic Consolidation Basis, Index Number) 120 100 2008 Sep = 100 81 76 76 77 80 71 67 67 60 63 77 74 60 69 70 66 65 61 57 55 40 Order 20 Sales 0 (2009) Apr May Jun Jul Aug Sep Oct Nov Dec Jan 4
Slide 5: Orders and Sales Changes by Markets: Mobile
FY2009（Apr-Dec) Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) <Mobile> 120 100 2008 Sep = 100 80 70 70 71 Order 58 62 61 55 53 Sales 60 65 47 56 56 61 58 40 52 50 48 46 20 0 (2009) Apr May Jun Jul Aug Sep Oct Nov Dec Jan 5
Slide 6: Orders and Sales Changes by Markets: Digital Consumer Electronic
FY2009（Apr-Dec) Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) < Digital Consumer Electronic > 120 100 2008 Sep = 100 88 87 77 78 80 74 69 70 62 Order 73 60 71 52 63 63 65 Sales 40 51 49 50 42 20 0 (2009) Apr May Jun Jul Aug Sep Oct Nov Dec Jan 6
Slide 7: Orders and Sales Changes by Markets: Automotive
FY2009（Apr-Dec) Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) <Automotive> 160 134 129 140 125 120 120 118 120 110 100 2008 Sep = 100 111 111 107 108 Order 98 97 80 84 67 Sales 81 60 56 59 40 20 0 (2009) Apr May Jun Jul Aug Sep Oct Nov Dec Jan 7
Slide 8: Orders and Sales Changes by Markets: Associated Electric Equipment, FA Controlling Device, Others
FY2009（Apr-Dec) Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) <Associated Electric Equipment, FA Controlling Device, and Others> 140 122 120 110 109 105 2008 Sep = 100 95 100 87 104 80 98 74 95 95 80 70 Order 81 70 73 Sales 60 63 61 40 20 0 (FY2009) Apr May Jun Jul
Slide 9: Business Results for Third Quarter, FY2009
Business Results for Third Quarter, FY2009 (hundred millions of Yen) Major Changes over prior same (A) FY2008 (B) FY2009 (B)-(A) (B)/(A) period 1Q - 3Q 1Q - 3Q (unit: hundred millions of Yen) [Sales] 130.8 decrease Foreign Hirose Subsidiaries HST Sales 753.8 623.0 -130.8 -17.4% -145.5 +1.3 +13.4 (CO
Slide 10: Sales and Profits by Quarter
Sales and Profits by Quarter (hundred millions of Yen) 400 40% 30.5% 28.8% 27.8% 28.8% 30% Sales 300 289.2 21.8% 20.1% 261.2 20% 221.8 Ordinary 221.2 Profit 203.3 200 180.0 10% 2.4% Ordinary 145.0 Profit 0% Ratio 100 88.3 75.2 63.9 61.5 -10% 40.8 39.3 3.5 0 -20% FY2008.1Q FY2008.2Q FY2008.3Q FY2008.
Slide 11: Sales by Markets (round number)
Sales by Markets (round number) FA Controlling FA Controlling Equipment Mobile Equipment 2% 2% Phone Others Cable 34% Others Associated Electric 19% Communic Equipment 3% 19% Mobile Phone ation 3% 34% Office Cable Machinery Communication 3% 3% FY2008 1Q-3Q FY2009 1Q-3Q Associate Wireless Communicati
Slide 12: Sales Changes by Markets (in round numbers)
Sales Changes by Markets (in round numbers) 22%down FY2008 1Q-3Q FY2009 1Q-3Q 25%down 6%up Computer Notebook Associated Office Cable FA Controlling Mobile Digital Automotive Related Machinery Communication Equipment PC Electronic Phone Consumer Wireless Equipment Equipment Electronics *1 Communicati
Slide 13: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 60 59 56 52 Overseas 50 46 47 Sales Ratio 40 36 34 33 30 31 Overseas 30 Production 20 Ratio 10 0 FY2005 FY2006 FY2007 FY2008 FY2009 FY2009 3Q 1Q-3Q 13
Slide 14: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31, 2009 (B) Dec 31, 2009 (B)-(A) Remarks Cash and Cash in Bank 1,177.3 1,146.1 -31.2 Dividend, share buybacks, etc. Trade Receivables 186.9 241.7 54.8 Increase in Sales (FY2008 4Q 145.0 -->FY2009 2Q 221.8) Inventories 5
Slide 15: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31, 2009 (B) Dec 31, 2009 (B)-(A) Remarks Notes Payable and Accounts 68.0 112.9 44.9 Purchase increase due to Payables production increase Income Tax Payables, etc. 25.9 27.7 1.8 Others 56.0 54.4 -1.6 Total Liabilities 1
Slide 16: Cash Flow
Cash Flow (hundred millions of Yen) (A) FY2008 3Q (B) FY2009 3Q Main Changes of 3Q Cash Flows from 167.8 148.9 Pre-Tax Net Income 163.1 Operating Activities Depreciation 59.7 Corporation Tax -53.3 Notes and accounts receivables decrease -51.2 Increase of time deposit over 3 Cash Flows from -163.8 -1
Slide 17: Capital Investment and Depreciation Changes (Domestic Consolidated Basis)
Capital Investment and Depreciation Changes (Domestic Consolidated Basis) (hundred millions of Yen) (%) 120 60.0 Capital H19年度税制改正に伴う 100 92 50.0 Investment 減価償却費増 約14億円 90 89 90 (対売上比1.2％) 80 40.0 Depreciation 70 69 66 75 61 60 30.0 47 Capital Investment 40 20.0 Ratio 33 10.0 Depreciation 7.8 7.8 8
Slide 18: Business Forecast of the Year Ended March 31, 2010
Business Forecast of the Year Ended March 31, 2010 緑斜体数値は前回 First 中間期 Half Second 下期下期 Half 中間期 For 中間期the Year 年間 (H21/11) 公表値 FY2008 (Actual) FY2009 (Forecast) Over the Previous Actual Amount Over the Previous Actual Amount Over the Previous Actual Amount Second Second For the Amount % Amount % Am