Nhk Spring Co., Ltd. · TSE:5991
Nhk Spring — FY2019 Earnings Presentation
30 slides from Nhk Spring's earnings presentation, March 2020
Slide 1: Financial Results for the Fiscal Year Ended March 2020
2020年3月期決算説明資料 Financial Results for the Fiscal Year Ended March 2020 日本発条株式会社(東証1部 5991) NHK Spring Co., Ltd.(5991/TSE1)
Slide 2: Introduction
(LOUM(c Introduction
Slide 3: Result for the year ended March 2020
20.3期実績 Result for the year ended March 2020 （億円） （ 100 million Yen ） 20.3期 19.3期実績 Year Ended Mar.2020 Result for the 当初計画 修正計画 Year Ended 実績 (19.5.10時点) (20.2.5時点) Mar.2019 前期比 当初計画比 修正計画比 results Vs. previous year Vs. initial plan Vs. revised plan Initial plan Revised plan (as of 10/05/19) (as of
Slide 4: Result Trends
業績推移 Result Trends 売上高 営業利益 Net Sales Operating Income （億円） (100million Yen) （億円） (100million Yen) 7,000 6,000 400 5,000 300 4,000 3,000 200 2,000 100 1,000 0 0 11.3 12.3 13.3 14.3 15.3 16.3 17.3 18.3 19.3 20.3 11.3 12.3 13.3 14.3 15.3 16.3 17.3 18.3 19.3 20.3 4
Slide 5: Result Trends (In each half-year period)
業績推移（半期ベース） Result Trends（In each half-year period） 売上高 営業利益 Net Sales Operating Income (億円) （ 100 million Yen） (億円) （ 100 million Yen） 5,000 300 250 4,000 200 3,000 150 2,000 100 1,000 50 0 0 上期 下期 上期 下期 上期 下期 上期 下期 上期 下期 上期 下期 First Second First Second First Second First Second First Second First
Slide 6: Dividends
配当 Dividends 1株当たり配当額 1株当たり当期純利益 Dividend Per Share(DPS) Earnings Per Share(EPS) (円) (yen) (円) (yen) 30.0 120 100.0% 中間配当 期末配当 1株当たり当期純利益（左軸） EPS(left axis) Interim Year-end 配当性向（右軸）Dividend payout ratio(right axis) 90.0% 25.0 dividends dividends 100 80.0% 20.0 70.0% 80 12.0 60.0% 11.0 12.0 12.0 15.
Slide 7: Overview of the Financial Results for the Year Ended March 2020
20.3期決算概要 Overview of the Financial Results for the Year Ended March 2020
Slide 8: Overview of the Financial Results
20.3期実績 Results for the Year Ended March 2020 決算概要 Overview of the Financial Results （ 100 million Yen ） （億円） 19.3期 20.3期 Year Ended Mar.2020 実績 当初計画 修正計画 Results for the year ended 実績 (19.5.10時点) (20.2.5時点) 前期比 当初計画比 修正計画比 Mar.2019 Results Vs. previous year Vs. initial plan Initial plan Revised pla
Slide 9: Extraordinary Profits/Losses (Main Breakdown)
20.3期実績 Results for the Year Ended March 2020 特別損益（主な内訳） Extraordinary Profits/Losses（Main Breakdown) （億円) (100million yen) 科目 内容 金額 Items Details Amount 減損損失 生産設備等 Impairment losses Production equipment 46 投資有価証券評価損 株式の評価損 Loss on valuation of investment Losses from valuation of stocks 4 securities
Slide 10: Impairment loss
20.3期実績 Results for the Year Ended March 2020 減損損失 Impairment loss （億円) (100million yen) 用途 会社名 内容 金額 Purpose Company Description Amount 国内子会社 機械装置、建設仮勘定、他 Domestic subsidiary Machinery, Construction in progress 9 生産設備 機械装置、建物、建設仮勘定 他 アメリカ子会社 Production Subsidiary in the U.S. Machinery, Building, 26
Slide 11: Net Sales/Operating Income by Segment
20.3期実績 Result for the Year Ended March 2020 セグメント別の売上高・営業利益の状況 Net Sales/Operating Income by Segment （億円) (100million yen) 20.3期 当初計画 19.3期 実績 20.3期 実績 (19.5.10時点) 前期比 当初計画比 Result for the Result for the year Initial plan for the year Vs. previous Vs. initial year ended ended Mar.2020 ended Mar.202
Slide 12: Net Sales/Operating Income by Region
20.3期実績 Results for the Year Ended March 2020 地域別の売上高・営業利益の状況 Net Sales/ Operating Income by Region （億円) (100million yen) 20.3期 当初計画 19.3期 実績 20.3期 実績 (19.5.10時点) 前期比 当初計画比 Result for the Result for the year Initial plan for the year Vs. previous Vs. initial year ended ended Mar.2020 ended Mar.2020
Slide 13: Variable Factor Analysis for Operating Income
20.3期実績 Results for the Year Ended March 2020 営業利益の変動要因分析 Variable Factor Analysis for Operating Income 事業セグメント別 By business segments シート (億円) (100million yen) シート Automotive Automotive 精密部品 seating 産業機器ほか 懸架ばね seating 懸架ばね 266 Automotive 9 Precision springs 産業機器ほか Automotive 16 精密部品 Industrial mach
Slide 14: Analysis by Segment: Automotive Suspension Spring
20.3期実績 Results for the Year Ended March 2020 セグメント別分析:懸架ばね Analysis by Segment：Automotive Suspension Spring （億円） (100million yen) 19.3期 実績 20.3期 Results for the Year Ended Mar.2020 前期比 当初計画比 year ended 実績 当初計画(19.5.10時点) Vs. previous year Vs. initial plan Mar.2019 Results Initial plan(as of 10/05/1
Slide 15: Analysis by Segment: Automotive Seating
20.3期実績 Results for the Year Ended March 2020 セグメント別分析:シート Analysis by Segment： Automotive Seating （億円） (100million yen) 19.3期 実績 20.3期 Results for the Year Ended Mar.2020 前期比 当初計画比 year ended 実績 当初計画(19.5.10時点) Vs. previous year Vs. initial plan Mar.2019 Results Initial plan(as of 10/05/19) 売上高 Net
Slide 16: Analysis by Segment: Precision Springs & Components
20.3期実績 Results for the Year Ended March 2020 セグメント別分析:精密部品 Analysis by Segment： Precision Springs & Components （億円） (100million yen) 19.3期 実績 20.3期 Results for the Year Ended Mar.2020 前期比 当初計画比 year ended 実績 当初計画(19.5.10時点) Vs. previous year Vs. initial plan Mar.2019 Results Initial plan(as of 10/0
Slide 17: Analysis by Segment: Industrial Machinery & Others
20.3期実績 Results for the Year Ended March 2020 セグメント別分析:産業機器ほか Analysis by Segment： Industrial Machinery & Others （億円） (100million yen) 19.3期 実績 20.3期 Results for the Year Ended Mar.2020 前期比 当初計画比 year ended 実績 当初計画(19.5.10時点) Vs. previous year Vs. initial plan Mar.2019 Results Initial plan(as of 10/
Slide 18: Assets
20.3期実績 Results for the Year Ended March 2020 資産の状況 Assets （億円） (100 million yen) 16.3期 実績 17.3期 実績 18.3期 実績 19.3期 実績 20.3期 実績 増減額 Results for the Results for the Results for the Results for the Results for the increase / Year ended year ended year ended year ended year ended decrease Mar.2016 Mar.2
Slide 19: BS Status
20.3期実績 Results for the Year Ended March 2020 ＢＳの状況 BS Status ■バランス・シート Balance Sheet ■バランス・シート推移 Balance Sheet Trends 現預金 (億円) (100 million yen) (億円) (100 million yen) Cash and Bank Deposits 流動負債 745 当座資産 流動負債 流動資産 2,894 3,149 3,182 2,844 Liquid Assets Current Current 2,716 Liabilities Assets 2,088
Slide 20: CF Status
20.3期実績 Results for the Year Ended March 2020 ＣＦの状況 CF Status 営業ＣＦ 投資ＣＦ フリーＣＦ 財務ＣＦ Operating CF Investment CF Free CF Financial CF (億円) (100 million yen) 600 556 498 426 400 367 366 279 16.3 17.3 18.3 19.3 20.3 168 200 75 73 16.3 17.3 18.3 19.3 20.3 0 16.3 17.3 18.3 19.3 20.3 -55 -59 -91 -200 -136 -
Slide 21: Capital Investment/Depreciation & Amortization
20.3期実績 Results for the Year Ended March 2020 設備投資・減価償却費 （億円） (100 million yen) Capital Investment/ Depreciation & Amortization 19.3期 実績 20.3期 実績 Results for the year Results for the year ended Mar.2019 ended Mar.2020 国内 Domestic 267 188 海外 Overseas 182 209 設備投資 小計 Capital investment Subtotal 449 39
Slide 22: Capital Investment/Depreciation & Amortization by Segment
20.3期実績 Results for the Year Ended March 2020 設備投資・減価償却費 （億円） (100 million yen) Capital Investment/ Depreciation & Amortization 19.3期 実績 20.3期 実績 Results for the year Results for the year ended Mar.2019 ended Mar.2020 懸架ばね 125 Automotive suspension spring 151 シート 65 Automotive seating 55 精密部品 148 14
Slide 23: Overview of the Financial Forecast for 1st half of the Year Ended March 2021
21.3期上期業績予想 について Overview of the Financial Forecast for 1st half of the Year Ended March 2021
Slide 24: Forecast for 1st half of the Year Ended March 2021
21.3上期予想 Forecast for 1st half of the Year Ended March 2021 （億円） （ 100 million Yen ） 対前年同期 20.3期上期 21.3期 上期予想 Vs. same Period of previous year Result for 1st half of Forecast for 1st half the year ended of the year ended 差額 比率 Mar.2020 Mar.2021 Variance Ratio 売上高 3,237 2,450 △787 △24.3% Net Sales 営業
Slide 25: Forecast Net Sales/Operating Income by Segment
21.3上期予想 Forecast for 1st half of the Year Ended March 2021 セグメント別の売上高・営業利益の予想 Net Sales/Operating Income by Segment （億円) (100million yen) 対前年同期 20.3期上期 21.3期 上期予想 Vs. same Period of previous year Result for 1st half of Forecast for 1st half the year ended of the year ended 差額 比率 Mar.2020 Mar.2021 V
Slide 26: Forecast Net Sales/Operating Income by Region
21.3上期予想 Forecast for 1st half of the Year Ended March 2021 地域別の売上高・営業利益の状況 Net Sales/ Operating Income by Region （億円) (100million yen) 対前年同期 20.3期上期 21.3期 上期予想 Vs. same Period of previous year Result for 1st half of Forecast for 1st half the year ended of the year ended 差額 比率 Mar.2020 Mar.2021 Vari
Slide 27: Forward-looking statements notice
⚫本資料に記載している日本発条㈱の予想、計画は、将来の実績等に関する見通しであり、リスクや不確定な要因を含んでおり ます。実際の業績は、経済情勢、市場動向、為替の動向等、重要な要素の変動により、見通しとは異なる結果となり得ること もご承知下さい。 The predictions and plans by NHK Spring Co., Ltd. listed in this document are forecasts related to future results and performance, and contain risks and uncertainties. Please n
Slide 28: Supplementary Materials
補足資料 Supplementary Materials
Slide 29: Overseas Expansion: Major Overseas Locations
補足資料：海外展開の状況 Supplementary Materials:Overseas Expansion 主要海外拠点 Major Overseas Locations 鄭州日発 NHK Spring(Zhengzhou) NHKハンガリー NHK Spring Hungary 湖北日発 NHK Spring(Hubei) NUS NHK欧州 NHKインター NHK Spring Europe NHK International 日発投資 NSPG NSA NHK Spring(China) NSI NAT NASCO NSPA NFKインド NFK India 日本発条 NHK Spr
Slide 30: Answers to Frequently Asked Questions
補足資料： Supplementary Materials よくある質問と回答 Answers to Frequently Asked Questions Q:主要カーメーカーへの売上比率は？ Q:What is your sales breakdown to each of the major car makers? A:20年3月期の実績は下表のとおり。 A:Our results for the year ended March 2020 are shown in the table below. 19.3期 実績 20.3期 実績 主要カーメーカー Results for the ye