Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q1 FY2015 Earnings Presentation
16 slides from Hirose Electric's earnings presentation, Jul 31, 2015
Slide 1: Business Results for First Quarter, FY2015
Business Results for First Quarter, FY2015 Creative Links to World Electronic Jul 31st, 2015 Hirose El Hi Electric ti 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 1Q FY2015
Business Situation of 1Q FY2015 [FY2014] • 1Q : Korean Smartphone market sluggish, and Chinese Smartphone market in adjustment phase after bullish April order. Automotive and Industrial market continued the steadyy order. • 4Q : Smartphone market had been slow in Jan-Feb, but large pick-up in Mar, e
Slide 4: FY2014 1Q – FY2015 1Q Orders and Sales
FY2014 1Q – FY2015 1Q Orders and Sales (Consolidated Basis, Index Number) Total 120 Steady Overseas Automotive and Chinese Smartphone, but Korean Smartphone sluggish 101 101 101 100 100 Average of FY2014＝100 98 100 101 98 97 96 Order Sales 80 1Q 2Q 3Q 4Q 1Q 1Q FY2014 FY2015 FY2015 4
Slide 5: Sales by Markets: Smartphone / Mobile
FY2014 1Q – FY2015 1Q Sales by Markets (Consolidated Basis, Index Number) Smartphone / Mobile 120 104 103 98 100 Average of FY2014＝100 95 90 Korean Smartphone sluggish 80 1Q 2Q 3Q 4Q 1Q 1Q FY2014 FY2015 FY2015 S ales 5
Slide 6: Sales by Markets: Automotive
FY2014 1Q – FY2015 1Q Sales by Markets (Consolidated Basis, Index Number) Automotive 120 Good trend in overseas 109 103 98 99 100 Average of FY2014＝100 FY2014 100 94 80 1Q 2Q 3Q 4Q 1Q 1Q FY2014 FY2015 FY2015 S ales 6
Slide 7: Sales by Markets: Associated Electric Equipment, FA Controlling Device, and Others
FY2014 1Q – FY2015 1Q Sales by Markets (Consolidated Basis, Index Number) Associated Electric Equipment Equipment, FA Controlling Device, and Others 120 110 104 104 101 96 98 100 Average of FY2014＝100 90 80 1Q 2Q 3Q 4Q 1Q 1Q FY2014 FY2015 FY2015 S ales 7
Slide 8: Business Results for 1Q, FY2015
Business Results for 1Q, FY2015 (hundred m illions of Yen) (A) FY2014 (A) FY2015 (B)-(A) (B)/(A) Major changes over prior same period 1Q 1Q (unit: hundred millions of Yen) [Sales] 7.3 decrease Sales 309.5 302.2 -7.3 -2.4% Hirose Subsidiaries (COGS Ratio) (54.5%) (54.4%) (-0.1%) +1.2 -8.5 (S GA Rat i
Slide 9: Sales and Profit by Quarter
Sales and Profit by Quarter （hundred millions of Yen） 500 Sales 40 0% 40.0% 29.3% 29.9% 29.2% 28.5% 400 28.2% 27.7% 25.8% 26.1% 30.0% 23.8% 320 326 315 314 319 Recurring g 308 310 302 297 20.0% Profit 300 10.0% Recurring 200 0.0% Profit Ratio 87 96 92 86 92 90 -10.0% 10 0% 100 73 82 79 -20.0% 0 -30.
Slide 10: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31 31, 2015 (B) Jun 30 30, 2015 (B) - (A) Remark Cash and 1,477.6 1,524.0 46.4 Increase in Hirose Japan, etc. Cash in Bank Trade 305.6 296.5 -9.1 Decrease due to sales decrease Receivables Securities 260.2 260.6 0.4 Inve
Slide 11: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31 31, 2015 (B) Jun 30 30, 2015 (B) - (A) Remark Not es Pay able and 115.1 113.2 -1.9 Decrease due to production decrease A c c ount P ay able Income Taxes Payable 53.2 32.9 -20.3 Tax payment Others 145.4 163.9 18.5 Incr
Slide 12: Sales Changes by Application
Sales Changes by Application (round number) [Consolidated Basis] 400 14%down 3%up FY2014 1Q 10%up FY2015 1Q 16%down 0 Digital Computer Smartphone General Automotive Tablet/ Office /Mobile Phone Industrial Notebook Consumer Related Machinery PC Electronics Equipment Communication *1 *2 ※１ ※２ As this
Slide 13: Sales by Application
Sales by Application (round number) (Consolidated Basis) Smartphone/ Mobile (Others 23%) Smartphone/ ((Others 24%)) General Phone 30% FY2015 Mobile General Industrial Phone 33% (FA Controlling Industrial Equipment 3%) 32% 1Q (FA Controlling Equipment 3%) 30% FY2014 (Associated Electric (Associated E
Slide 14: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio ((%)) 72 72 71 70 66 61 60 Overseas 50 47 48 Sales Ratio 45 44 41 40 Overseas 30 Production 20 Ratio 10 0 FY2011 FY2012 FY2013 FY2015 1Q FY2014 FY2015.1Q 14
Slide 15: Capital Investment and Depreciation Change
Capital Investment and Depreciation Change (Consolidated Basis) （hundred millions of Yen） (%) 125 118 120 120 114 111 110 110 40.0 Capital Investment 100 81 30.0 Depreciation 80 60 Capital 20.0 Investment Ratio 40 11.6 9.1 Depreciation 9.4 9.5 29 9.5 Ratio 23 10.0 0 20 92 9.2 8.4 88 8.8 8.7 7.6 0 0.
Slide 16: Business Forecast for the Year Ending March 31, 2016
Business Forecast for the Year Ending March 31, 2016 (Consolidated) We will revise previous guidance (Apr/2015) due to slow business in some smartphone (hundred millions of Yen) note) gr een iitalic s - data FY2014 (FY ended Mar 31, 2015) FY2015 (FY ending Mar 31, 2016) 第2四半期累計 First Half For通期 the