Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q2 FY2015 Earnings Presentation
18 slides from Hirose Electric's earnings presentation, Oct 30, 2015
Slide 1: Business Results for Second Quarter, FY2015
Business Results for Second Quarter, FY2015 Creative Links to World Electronic Oct 30th, 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 2Q FY2015
Business Situation of 2Q FY2015 [[1Q FY2015 (Apr ( p – Jun)] )] •Smartphone was steady in Chinese market but sluggish in Korean market. Automotive enjoyed a stable trend in overseas market. [2Q FY2015 (Jul – Sep)] •Korean Smartphone market in recovery y trend, but Chinese Smartphone slight decrease
Slide 4: FY2014 1Q – FY2015 2Q Orders and Sales
FY2014 1Q – FY2015 2Q Orders and Sales (Consolidated Basis, Index Number) Total 120 Steady St d ttrend d iin Automotive market 101 101 101 100 100 Average of FY2014＝100 98 99 100 101 98 99 97 96 Order Sales 80 Q 1Q 2Q Q 3Q Q 4Q Q 1Q Q 2Q Q 2Q FY2014 FY2015 4
Slide 5: Sales by Markets: Smartphone / Mobile
FY2014 1Q – FY2015 2Q Sales by Markets (Consolidated Basis, Index Number) Smartphone / Mobile 120 110 104 103 98 100 A Average off FY2014＝100 FY2014 100 90 90 95 86 80 Jul bottom, recovery 70 from Aug, Sep index “95” 60 1Q 2Q 3Q 4Q 1Q 2Q 2Q FY2014 FY2015 S ales 5
Slide 6: Sales by Markets: Automotive
FY2014 1Q – FY2015 2Q Sales by Markets (Consolidated Basis, Index Number) Automotive 120 Good trend in overseas 109 111 103 98 99 100 Average of FY2014＝100 FY2014 100 94 80 1Q 2Q 3Q 4Q 1Q 2Q 2Q FY2014 FY2015 S ales 6
Slide 7: Sales by Markets: Associated Electric Equipment, FA Controlling Device, and Others
FY2014 1Q – FY2015 2Q Sales by Markets (Consolidated Basis, Index Number) Associated Electric Equipment Equipment, FA Controlling Device, and Others 120 110 104 104 101 101 96 98 100 Average of FY2014＝100 90 80 1Q Q 2Q Q 3Q 4Q Q 1Q Q 2Q Q 2Q FY2014 FY2015 S ales 7
Slide 8: Business Results for 2Q, FY2015
Business Results for 2Q, FY2015 not e) f igures in green it alic s : prev ious ly announc ed data on J ul 2015 (unit: hundred millions of Yen) (A) FY2014 (B) FY2015 (B)-(A) (B) (A) (B)/(A) Major Changes over prior same period (unit: 1Q & 2Q 1Q & 2Q hundred millions of Yen) 610.0 [Sales] 11.7 decreas
Slide 9: Sales and Profit by Half-Year
Sales and Profit by Half-Year (hundred millions of Yen) 800 29.6% 28.4% 26 0% 26.0% 27.2% 27 3% 27.3% 30.0% 24.5% 700 22.3% 633 633 617 624 612 20.0% Sales 600 492 500 468 10.0% Recurring 400 Profit 300 0.0% Recurring 183 178 172 167 200 165 Profit Ratio 114 110 -10.0% 100 0 -20.0% FY2012 FY2012 FY2
Slide 10: Sales Changes by Application
Sales Changes by Application (round number) [Consolidated Basis] 15%down FY2014 4%up 1H 12%up FY2015 1H 10%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 is i
Slide 11: Sales by Application (Consolidated Basis)
Sales by Application (round number) (Consolidated Basis) Smartphone/ Mobile (Others 23%) Smartphone/ ((Others 23%)) General Phone 29% General Mobile Industrial Industrial FY2015 Phone 33% (FA Controlling 30% 30% FY2014 (FA Controlling Equipment 3%) 2Q Equipment 2%) 2Q (Associated Electric (Associate
Slide 12: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 72 72 73 70 66 61 60 Overseas 50 47 48 Sales Ratio 45 44 41 40 Overseas 30 Production 20 Ratio 10 0 FY2015 FY2011 FY2012 FY2013 FY2014 FY2015 1H 12
Slide 13: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) A Account t (A) Mar 31, 31 2015 (B) Sep 30, 30 2015 (B) - (A) Remark Cash and Increase due to redemption of Cash in Bank 1,477.6 1,620.2 142.6 government bond, etc. Trade Receivable 305.6 290.7 -14.9 Decrease due to sales decrease Secur
Slide 14: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account ((A)) Mar 31,, 2015 ((B)) Sep p 30,, 2015 ((B)) - (A) ( ) Remarks Notes Payable and 115.1 111.0 -4.1 Decrease due to production Account Payable decrease Income Taxes Payable 53.2 50.3 -2.9 Tax payment Others 145.4 149.0 3.6 Incr
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 53 20.0 49 Investment Ratio 40 11.6 9.1 9.9 Depreciation 9.4 8.7 Ratio 10.0 20 8.8 9.5 8.4 8.7 8.0 0 0.0 FY2012
Slide 16: Number of Employees
Number of Employees (Financial Report Basis) (Employees) 6000 5020 5000 4044 4134 3945 3966 4000 Overseas 3000 4010 2923 2972 3035 3068 2000 Domestic 1000 1022 1010 994 1009 1066 0 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2015Sep 2015 Sep 16
Slide 17: Distribution of Shareholders
Distribution of Shareholders 100% Treasury 13.53 13.66 14.77 11.06 90% 15.26 Stocks 4.52 6.80 5.98 4.61 4.36 80% Individual and Others 70% 42.92 Foreign 60% 38.20 40.38 40.55 41.15 Corporation 50% Other 40% Corporation 12.83 13 56 13.56 13 20 13.20 13.58 12 96 12.96 30% 1.21 0.66 0.66 Securities Fir
Slide 18: Business Forecast for the Year Ending March 31, 2016
Business Forecast for the Year Ending March 31, 2016 (Consolidated) No change g from p previouslyy announced data on Jul 2015 note) figures in green (hundred millions of Yen) italics : previously announced data on Jul FY2014(FY ended Mar 31,2015) FY2015 (FY ending Mar 31,2016) 第2四半期累計 First Half 通期