Slide 1: First quarter fiscal 2016 consolidated financial results
• This presentation contains consolidated financial results for the first quarter of the fiscal year 2016, ending March 31, 2016. Copyright (C) 2015 Panasonic Corporation All Rights Reserved.
Slide 2: Four main points of Q1 fiscal 2016
• This slide shows four main points regarding the first quarter of fiscal 2016. • Firstly, sales increased, in particular in automotive- and industrials-use, and solutions businesses. Yen depreciation also helped overall sales improvement. • Secondly, overall operating profit decreased due mainly to
Slide 3: Consolidated group sales and income overview
• Consolidated group sales were almost unchanged from last year. However, in real terms (excluding the effects of exchange rates) consolidated group sales decreased by 5%. • Although operating profit decreased, pre-tax income and net income attributable to Panasonic Corporation increased from last y
Slide 4: Sales analysis by region (yen basis)
• Next, sales analysis by region is shown here. On a yen basis, sales decreased in Japan and Europe while sales increased in the Americas and Asia. Sales in China increased only slightly. • In Japan, although sales in consumer electronics increased from last year, overall sales decreased as a result
Slide 5: Sales by region on local currency basis
• However, on a local currency basis, sales were down in all regions. • In the Americas and Europe, sales, excluding LCD TVs, increased. • In China, sales of device-related for ICT-use and of air conditioners decreased. • Overall sales increased due mainly to exchange rate effects. Copyright (C) 201
Slide 6: Operating profit analysis versus last year
• Next, operating profit analysis compared with last year. • Operating profit decreased by 5.7 billion yen from last year. Streamlining of material-related process (which exceeded price declines), restructuring effects and other factors were not able to offset the negative impacts on profitability s
Slide 7: Pre-tax and net income analysis
• Next, pre-tax and net income analysis. • Non-operating income/loss was loss of 3.9 billion yen of which 4.8 billion yen was business restructuring expenses. • Pre-tax income was 72.7 billion yen and net income attributable to Panasonic Corporation was 59.5 billion yen. • On a year-on-year comparis
Slide 8: Results by segment
• Next, results by segment. Sales and operating profits decreased in Appliances and Eco Solutions, and increased in AVC Networks and Automotive & Industrial Systems. Copyright (C) 2015 Panasonic Corporation All Rights Reserved.
Slide 9: Appliances
• First, Appliances based on consolidated production and sales. • Sales were down by 2% from the previous year due mainly to sales decreases in TV business as a result of narrowing down of marketing activities. However, sales in Laundry Systems and Vacuum Cleaner BD, and Cold Chain BD were favorable
Slide 10: Appliances: air conditioner and TV businesses
• Next, individual businesses. • With regard to air conditioner business, sales in home-use air conditioners were favorable in Asia, Middle East, Taiwan and other regions. This offset the impact of sluggish demand in China due to deterioration of housing market. As a result, sales increased. • Opera
Slide 11: Eco Solutions
• Next, Eco Solutions. • Sales decreased by 4% compared with the previous year. • There had been a backlog of orders associated with undelivered products due to heavy snow and a demand surge prior to the consumption tax hike in Japan last year. In addition, sales in Housing System and Energy System
Slide 12: Lighting and Housing Systems BDs
• Next, Lighting and Housing Systems BDs. • First, Lighting BD. Sales declines in conventional type of lighting due to weaker demand was offset by sales increases in non-housing lighting such as for facilities, stores and outdoors. As a result, overall sales increased while operating profit turned t
Slide 13: AVC Networks
• Next, AVC Networks. • Sales were up by 5% compared with the previous year. • Favorable performance of the Vertical Solution Business in North America, and Visual and Imaging Business (which includes good results of the Security Systems BD in Japan) and others contributed to the overall sales incre
Slide 14: Automotive & Industrial Systems
• Next, Automotive & Industrial Systems. • Sales were up by 2% compared with the previous year. Sales increases in automotive electronics such as cameras for automotive-use, LCD panels and FA business, as well as the positive impact of exchange rate fluctuation, contributed to overall sales increase
Slide 15: Automotive Infotainment and Rechargeable Battery BDs
• Next, individual businesses. • Firstly, Automotive Infotainment Systems BD. Sales were up by 3% compared with the previous year. Although sales to dealers and consumers in Japan were sluggish, overall sales increased due to favorable sales in overseas (mainly North America) and positive impact of
Slide 16: Six large scale business divisions
• Lastly, six large scale BDs. • Although performance of the housing-related businesses was slightly slow start, progress in the other BDs was according to plan. • Housing market, which was experiencing a slow recovery, is also expected to improve steadily after the first quarter. The Company consid
Slide 17: Thank you for your continued support
• Thank you for your continued support. Copyright (C) 2015 Panasonic Corporation All Rights Reserved.
Slide 18: Copyright (C) 2015 Panasonic Corporation All Rights Reserved.
Copyright (C) 2015 Panasonic Corporation All Rights Reserved.
Slide 19: Copyright (C) 2015 Panasonic Corporation All Rights Reserved.
Copyright (C) 2015 Panasonic Corporation All Rights Reserved.