Slide 1: Consolidated Business Results for the Third Quarter Ended December 31, 2016
CONSOLIDATED BUSINESS RESULTS FOR THE THIRD QUARTER ENDED DECEMBER 31, 2016 February 1, 2017 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-look
Slide 2: Summary of Consolidated Business Results for FY2016: Q3
Summary of Consolidated Business Results for FY2016: Q3 Business Results for FY2016: Q3 ✓Consolidated Business Results for FY2016: Q3 Q3 YTD (vs. Q3 (Oct. – Dec.) (vs. FY2015:Q3) (Apr. – Dec.) FY2015: Q3 YTD) (-¥ 3.6 billion (-¥ 37.8 billion Net Sales : ¥ 242.1 billion / -1.5%) ¥ 697.7 billion / -5.
Slide 3: Summary of Consolidated Business Results for FY2016: Q3
Summary of Consolidated Business Results for FY2016: Q3 IFRS FY2015 FY2016 (Billions of yen) Increase/ Increase/ Q3 Apr-Dec Full year Q3 % Apr-Dec % Full year Decrease Decrease <Actual> <Actual> <Actual> <Actual> Change <Actual> Change <May Fcst> YOY YOY Net sales 245.7 735.5 975.3 242.1 -3.6 -1.5%
Slide 4: Sales & Operating Income Results by Business Segment
Sales & Operating Income Results by Business Segment IFRS FY2015 FY2016 (Billions of yen) Increase/ Increase/ Q3 Apr-Dec Full year Q3 % Apr-Dec % Decrease Decrease <Actual> <Actual> <Actual> <Actual> Change <Actual> Change YOY YOY Total Net sales 245.7 735.5 975.3 242.1 -3.6 -1.5% 697.7 -37.8 -5.1%
Slide 5: Business Results: Industrial Machinery Business
Business Results: Industrial Machinery Business (Billions of yen) Ind BRG Precision O.I O.I (%) 11.8% 9.8% 8.1% 6.3% 6.8% 4.6% 2.9% 66.1 62.0 11.4 57.7 57.7 57.5 54.3 53.6 11.0 9.6 9.7 10.7 9.8 10.0 54.7 7.8 51.0 48.0 48.0 46.8 6.1 44.4 43.6 4.6 3.6 3.7 2.6 1.6 FY2015 FY2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 1US
Slide 6: Business Results: Automotive Business
Business Results: Automotive Business (Billions of yen) Auto BRG Auto Comp O.I O.I (%) 11.7% 9.9% 9.4% 9.0% 9.3% 9.5% 7.4% 177.8 182.1 176.0 178.1 169.7 171.2 164.3 95.0 97.4 93.5 94.4 88.9 90.1 87.5 21.3 17.7 15.9 15.9 16.8 16.0 82.8 80.8 84.6 82.5 81.0 76.8 12.2 83.6 FY2015 Q1 Q2 Q3 Q4 FY2016 Q1 Q
Slide 7: Sales Results by Customer Location
Sales Results by Customer Location IFRS FY2015 FY2016 Increase/ Increase/ (Billions of yen) Q3 Apr-Dec Full year Q3 % Apr-Dec % Decrease Decrease <Actual> <Actual> <Actual> <Actual> Change <Actual> Change YOY YOY Net sales 245.7 735.5 975.3 242.1 -3.6 -1.5% 697.7 -37.8 -5.1% Japan 79.9 241.9 318.4 8
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet Assets Liabilities and Net Assets Non-current assets Net assets (Billions of yen) Non-current liabilities (Billions of yen) Current assets Current liabilities Change from Ratio of net worth to total capital FY2015 Q4 1,103.8 Change from 1,103.8 1,048.1 FY2015 Q4 1,048.1 1,
Slide 9: Inventories / Interest-Bearing Debt
Inventories / Interest-Bearing Debt Inventories Interest-Bearing Debt Japan Non-Japan Inventory tumover Japan Non-Japan Net D/E ratio 7.2 7.1 7.0 7.0 (Billions of yen) (Times) 0.27 0.22 0.23 0.23 (Billions of yen) 139.4 312.7 130.6 135.2 125.8 278.2 57.4 265.9 260.4 41.4 32.4 33.3 89.5 85.5 83.0 76.
Slide 10: Capital Expenditure / Depreciation and Amortization
Capital Expenditure Depreciation and Amortization Capital Expenditure (Billions of yen) Japan 28.1 Plan 70 Non-Japan 26.9 62.0 Q3 60 Japan 16.3 55.0 Japan 17.0 Non-Japan 16.4 Non-Japan 16.1 Apr-Dec 50 Full Year 40 Japan 5.8 Japan 6.7 33.2 32.7 30 Non-Japan 5.3 Non-Japan 6.9 * IFRS base 20 13.6 * Inc
Slide 11: (Supplementary Information) Quarterly Business Performance
(Supplementary Information) Quarterly Business Performance (Billions of yen) Net sales 300 251.2 238.5 245.7 239.9 242.1 231.8 223.8 200 100 0 FY2015 Q1 Q2 Q3 Q4 FY2016 Q1 Q2 Q3 Operating income Net income attributable to owners of the parent Operating income margin (Billions of yen) 10.6% 40 9.2% 1
Slide 12: (Supplementary Information) R&D Expenses / Number of Employees
(Supplementary Information) R&D Expenses / Number of Employees (Billions of yen) FY2015 FY2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Full year (Plan) R&D 2.6 2.9 2.7 3.0 2.8 3.2 3.2 13.0 expenses (Headcount) FY2015 FY2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Total: 31,467 31,162 31,491 31,587 31,701 31,544 31,545 Japan 11,092 11,06