Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q3 FY2011 Earnings Presentation
17 slides from Hirose Electric's earnings presentation, Feb 2, 2012
Slide 1: Business Results of Third Quarter, FY2011
Business Results of Third Quarter, FY2011 Creative Links to World Electronic Feb 2nd 2012 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 FY2011
Business Situation of 3Q FY2011 〔1Q FY2011〕 ◎Order level of April were high because of the ahead-of-schedule order influence after the earthquake. However, order level of May and June were sluggish mainly due to the effect of rebound from ahead-of- schedule order in March and April, the lag in mobil
Slide 4: FY2011 Mar-Dec Orders and Sales Changes (Domestic Consolidation Basis)
FY2011 Mar-Dec Orders and Sales Changes (Domestic Consolidation Basis, Index Number) 140 Order Sales 120 109 107 101 93 92 98 99 94 100 Average of FY2010 = 100 90 102 85 84 89 88 91 91 80 84 82 78 78 60 40 Mar Apr Ma y J un J ul Aug S ep Oct Nov Dec 4
Slide 5: Mobile / Smartphone
FY2011 Mar-Dec Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) Mobile / Smartphone 140 120 99 100 Average of FY2010 = 100 88 90 86 81 78 78 77 80 83 70 71 79 66 75 59 76 71 60 63 64 56 40 20 Mar Apr May Ju n Ju l Au g Se p Oct Nov Dec FY 2 0 1 0 O rde r Sale s 5
Slide 6: Digital Consumer Electronic
FY2011 Mar-Dec Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) Digital Consumer Electronic 120 110 101 102 103 100 Average of FY2010 = 100 91 99 88 97 90 86 91 81 80 76 71 81 74 72 67 70 70 56 69 60 46 50 40 Mar Apr May Ju n Ju l Au g Se p Oct Nov Dec FY2 0 1 0 O rde
Slide 7: Automotive
FY2011 Mar-Dec Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) Automotive 140 125 123 116 119 120 107 106 119 114 115 100 102 94 105 111 100 Average of FY2010 = 100 87 98 82 80 84 78 74 60 Mar Apr M ay Ju n Ju l Au g Sep Oct Nov Dec FY 2 0 1 0 O rde r S ale s 7
Slide 8: Associated Electric Equipment, FA Controlling Device, and Others
FY2011 Mar-Dec Orders and Sales Changes by Markets (Domestic Consolidation Basis, Index Number) Associated Electric Equipment, FA Controlling Device, and Others 160 150 141 140 130 137 128 116 120 114 113 124 110 110 115 105 100 94 96 94 100 Average of FY2010 = 100 90 96 89 90 80 90 84 85 70 M ar Ap
Slide 9: Business Results for 3Q FY2011
Business Results for 3Q FY2011 (h u n dre d m illio n s o f Y e n ） （A)FY2010 （ B)FY2 0 1 1 (B)-(A) (B)/(A) M ajo r c h an ge s o ve r pr i o r sam e pe r i o d 1Q - 3Q 1Q - 3Q (u n i t : h u n dr e d m i ll i o n s o f Y e n ) [Sale s] 2 2 .5 in c re ase Overseas Sales 700.2 722.7 22.5 3.2% Hirose
Slide 10: Quarterly Sales and Profits
Quarterly Sales and Profits （hundred millions of Yen） 500 50.0% 40.0% 400 S al es 27.8% 28.8% 29.1% 27.3% 30.0% 25.6% 23.5% 24.3% 24.9% 20.7% 300 21.8% 18.0% R ec urr ing 20.0% P ro fit 241 248 243 234 225 224 231 221 222 222 10.0% R ec urr ing 200 180 P ro fit R at io 0.0% 100 62 64 68 66 64 59 55
Slide 11: Sales by Market FY2011 1Q-3Q
Sales by Market Office Office Machinery Machinery 3% 3% Others Mobile Ph one FA Controlling 22% Mobile Phone Others 26% Equipment 33% FA Controlling 27% 3% Equipment 3% FY2010 1Q-3Q Associated FY2011 1Q-3Q Associated Electric Electric Automotive Equipment 3% 13% Equipment 3% Digital NotebookPC Noteb
Slide 12: Sales Changes by Markets (in round numbers)
Sales Changes by Markets (in round numbers) 28%down FY2010 8%up 1Q-3Q FY2011 10%up 1Q-3Q 18%down FA Industrial Digital Notebook Wireless ※２ Controlling Office and others Consumer PC Mobile Communication Equipment Machinery Phone / Electronics Smartphone Cable Associated Automotive Computer Related ※
Slide 13: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio （％） 60 61 60 59 56 52 O ve rse as 50 S al es 41 R at io 40 36 32 32 O ve rse as 34 30 P ro duc ti on R at io 20 10 0 FY2007 FY2008 FY2009 FY2010 F Y FY2011 2011 3Q 1Q-3Q 13
Slide 14: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen） Account （A）Mar 31, 2011 （B）Dec 31, 2011 （B）－（A） Remark C ash an d C ash in Ban k 1,094.2 1,037.7 -56.5 Dividend, Share buyback, Yokohama Center Payment, etc. Tr ade Re c e ivable s 230.6 242.6 12.0 Due to sales increase（FY2010/4Q: 224.2
Slide 15: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen） Account （A）Mar 31, 2011 （B）Dec 31, 2011 （B）－（A） Remark Notes Payable and Account 109.4 114.6 5.2 Purchase increase due to production increase Payable In co me Taxes Payable , e tc 40.6 26.0 -14.6 Due to tax payment Othe rs 75.7 75.8 0.1
Slide 16: Capital Investment and Depreciation Change (Domestic Consolidated Basis)
Capital Investment and Depreciation Change (Domestic Consolidated Basis) （hundred millions of Yen） 100 40.0 (%) 90 90 Previously 35.0 78 80 ↓ Previously 70 62 30.0 Capital 70 66 ↓ Investment 66 62 63 25.0 60 56 55 Depreciation 50 44 20.0 42 Capital 40 Investment 15.0 Ratio 1 0 .0 30 7 .5 Depreciatio
Slide 17: Business Forecast for the Year Ended March 31, 2012
Business Forecast for the Year Ended March 31, 2012 note) First Half - 1Q & 2Q, Second Half - 3Q & 4Q (u nit: hu ndred million s of Yen ） First Half For the Year FY2010 (Actual) FY2011 (Forecast) Over the Previous Actual Amount Over the Previous Actual Amount Amount Amount Fir st Half For t he Yea r