Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — FY2012 Earnings Presentation

19 slides from Oki Electric Industry's earnings presentation, May 9, 2013

  1. Slide 1: Financial Results for the Fiscal Year ended March 31, 2013

    Financial Results for the Fiscal Year ended March 31, 2013 May 9, 2013 Oki Electric Industry Co., Ltd. • Indication method of amounts in hundred millions yen are as follow: Amounts in each item are rounded to the nearest hundred million yen. Variances are calculated in the hundred millions. • The pr

  2. Slide 2: Table of Contents

    Table of Contents I. Financial results for the FY ended March 2013 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows II. Projections for the FY ending March 2014 1. Policy for FY ending March 2014 2. Se

  3. Slide 3: Overall condition of the Group

    Overall condition of the Group Net sales increased in all segments. Operating income also increased offsetting the decline in Printer segment. [YoY comparison]  Net sales increased by 32.3 B yen. (Impact of currency exchange:+2.8 B yen)  Operating income increased by 1.5 B yen. (Impact of currency

  4. Slide 4: Segment Information: Info-telecom Systems

    Segment Information: Info-telecom Systems Impact of currency exchange Net sales increased by 2.0 B yen. Operating income increased by 0.4 B yen. Net sales Net sales increased by 23.8 B yen excluding the (Billion yen) impact of currency exchange 293.0 267.2 Solutions & services: 76.9 Sales to the p

  5. Slide 5: Segment Information: Printers

    Segment Information: Printers Impact of currency exchange Net sales increased by 0.8 B yen. Operating loss Net sales increased by 1.2 B yen. (Billion yen) 111.4 107.4 9.2 Net sales increased by 3.2 B yen excluding the impact 9.7 Others 14.0 of currency exchange. 14.5 Dot Impact 23.9 Color and mono

  6. Slide 6: Segment Information: EMS, Others

    Segment Information: EMS, Others Net sales (Billion yen) Net sales 51.4 48.9 EMS, Others: 18.7 Sales of high-end type EMS were steady. Overall 17.6 Others sales increased due to new consolidation of OKI Tanaka Circuits etc., though demand for semiconductor related equipment decreased. 32.7 31.3 EMS

  7. Slide 7: Changing Factors of Operating Income

    Changing Factors of Operating Income Operating income increased by 1.5 B yen year-on-year as volume rose and variable costs reduced which offset the impact of price decline, currency exchange, and increase in fixed costs, etc. Changes Increase in (Billion yen) in price Impact of fixed costs, etc. cu

  8. Slide 8: Profit and Loss

    Profit and Loss [Y on Y comparison] SG&A increased caused by the impact of FY Mar. FY Mar. allowance for doubtful accounts in Spain and (Billion yen) 2013 2012 aggressive R&D investments mainly in Info- telecom segment, etc. Net Sales 455.8 423.5 Other income and expenses improved due to Cost of Sal

  9. Slide 9: Balance Sheet

    Balance Sheet Total assets decreased by 18.8 B yen. Shareholders’ equity ratio improved from 11.2% to 16.1% by accumulating net income. Net D/E ratio: 1.5 times (billion yen) [Assets] [Liabilities and shareholders’ equity] Variance Variance 349.3 368.1 349.3 368.1 Cash and cash (39.1) Accounts payab

  10. Slide 10: Cash Flows

    Cash Flows Cash outflow from operating activities was 11.6 B yen due to increase in working capital and cancellation of factoring in Spain etc,. (Billion yen) FY end. FY end. March 2013 March 2012 Ⅰ Cash flows from operating activities (11.6) 22.8 Net income before income taxes 18.6 5.6 Depreciation

  11. Slide 11: Table of Contents: Projections for FY ending March 2014

    I. Financial results for the FY ended March 2013 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows II. Projections for the FY ending March 2014 1. Policy for FY ending March 2014 2. Segment information

  12. Slide 12: Policy for FY ending March 2014

    Policy for FY ending March 2014 [ Final year of Mid-term Business Plan ] Achieve 22.0 B yen operating income target and aim for resumption of dividend  Ensure stable profits of fundamental businesses  Accelerate overseas deployment  Implement revamping Printer business structure [Management targe

  13. Slide 13: Summary of segment information

    Summary of segment information [Full year comparison] [Currency exchange rate]  Net sales is expected to increase by 4.2 B yen to 460.0 B yen. FY13 FY12  Operating income is expected to increase by 8.5 B yen to 22.0 B USD 85.0 83.1 yen. Euro 115.0 107.2 FY end. Mar.2014 FY end. Mar. 2013 (billion

  14. Slide 14: Segment information

    Segment information [Info-telecom] [Printers] [EMS, others] Net sales Net sales Net sales (billion yen) (billion yen) (billion yen) 289.0 293.0 56.0 51.4 82.0 76.9 Mechatronics systems 115.0 5.0 111.4 17.0 14.0 9.2 Others 18.7 Others 14.0 SIDM 49.3 Social 47.0 infrastructure 26.0 23.9 Mono LED 75.7

  15. Slide 15: Changing factors of operating income

    Changing factors of operating income Operating income is expected to increase by 8.5 B yen year-on-year due to the reduction in fixed costs caused by revamping Printer business structure in addition to reduction in variable costs and the impact of currency exchange. (billion yen) +6.0 Changes +0.5 R

  16. Slide 16: Profit and loss projections

    Profit and loss projections  Recurring income is expected to decrease, not anticipating the impact of currency exchange in other income.  Net income is expected to decline due to recording expenses for enhancing management base of Printer business, etc. FY end. Mar. 2014 FY end. Mar.2013 (Plan) (R

  17. Slide 17: Cash flow projections

    Cash flow projections Both cash flows and NET D/E ratio are expected to improve. FY end Mar. FY end Mar. (billion yen) 2014 (Plan) 2013 (Results) Ⅰ Cash flows from operating activities 25.0 (11.6) Ⅱ Cash flows from investing activities (15.0) (9.2) Free cash flows (Ⅰ+Ⅱ) 10.0 (20.8) [Trend of Net D/E

  18. Slide 18: Capital expenditure and R&D expenses projections

    Capital expenditure and R&D expenses projections Strengthen competitiveness through investment depending on business deployment of focusing businesses (billion yen) Property, Plant & Eqip. R&D Expenses [Capital Expenditure] 13.1 14.0 1.0 14.0 14.0 1.3 1.0 Others 13.1 9.3 0.5 2.1 2.0 Others 1.2 4.5 E

  19. Slide 19: © Copyright 2013 Oki Electric Industry Co., Ltd.

    © Copyright 2013 Oki Electric Industry Co., Ltd. 19

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