Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — Q3 FY2010 Earnings Presentation
15 slides from Oki Electric Industry's earnings presentation, Jan 28, 2011
Slide 1: Financial Results for the 3rd Quarter of FY ending March 31, 2011
Financial Results for the 3rd Quarter of FY ending March 31, 2011 January 28, 2011 Oki Electric Industry Co., Ltd. • Indication method of amounts in hundred millions yen are as follow: Amounts in each item are rounded to the nearest hundred million yen. Variances are calculated in the hundred millio
Slide 2: Table of Contents
Table of Contents I. Financial results for the Q3, FY ending Mar. 2011 1. Segment information 2. Changing factors of operating income 3. Profit and loss 4. Balance sheets 5. Cash flows II. Full Year Projections of the FY ending Mar. 2011 1. Summary 2. Qualitative information © Copyright 2011 Oki Ele
Slide 3: Summary of Segment Information
Summary of Segment Information OKI’s nine months results were different for each segment and the Printer segment struggled. [YoY comparison] z Net sales decreased by 4.1B yen. - Info-telecom segment: Sales were approximately the same as previous fiscal year. - Printer segment: Sales decreased due to
Slide 4: Segment Information: Info-telecom Systems
Segment Information: Info-telecom Systems Net sales: ¾ Solutions & services: Sales increased due to the rise in maintenance and Net sales services, such as ATM monitoring services and systems (Billion yen) sales for governmental offices, etc. 163.6 163.3 ¾ Telecom systems: Mechatronics Sales for tel
Slide 5: Segment Information: Printers
Segment Information: Printers Impact of currency exchange: ¾Net sales declined by 9.0B yen. Operating income declined by 2.2B yen. Net sales Net sales decreased by 4.4B yen excluding the impact of (Billion yen) currency exchange. 100.9 ¾Color and Mono NIP: 87.5 The delay in switching to new products
Slide 6: Segment Information: EMS, Others
Segment Information: EMS, Others Net sales: Net sales ¾ EMS: 33.7 (Billion yen) - Sales for EMS business increased due to the expanded orders for large businesses in telecom equipment market, early launch of new business in medical equipment 11.5 24.7 market, and the market recovery in industrial an
Slide 7: Changing Factors of Operating Income
Changing Factors of Operating Income z Operating loss increased by 6.1B yen Y on Y due to price decline, impact of the strong yen, changes in volume and product mix, increase in other costs, and the impact of treatment optimization, etc., despite growth factors such as reduction of production and pr
Slide 8: Profit and Loss for the Nine Months
Profit and Loss for the Nine Months [Y on Y comparison] 9 months 9 months SG&A decreased by effects of reduction etc. (Billion yen) FY Mar. FY Mar. 2011 Other income and expenses worsened due to 2010 stock issuance expense, though interest Net Sales 284.8 288.9 expense and the loss caused by the red
Slide 9: Balance Sheet [Assets]
Balance Sheet [Assets] Total assets decreased by 33.0B yen due to the reduction in notes and accounts receivables. Due to the tendency of larger sales in Q4 of the previous fiscal year, notes and account receivables at March end increased. These receivables are collected in cash, etc., during this n
Slide 10: Balance Sheet [Liabilities and Net Assets]
Balance Sheet [Liabilities and Net Assets] Overall shareholders’ equity increased, due to 30.0B yen of capital expansion through the issuance of preferred stock and the increase in additional paid-in capital due to the share exchange from acquiring the whole ownership of OKI Wintech, though sharehol
Slide 11: Cash Flows
Cash Flows Cash flows from operating activities amounted to 6.1B yen due to improved working capital, etc. Cash flows from financing activities was 14.9B yen due to increase in cash from 30.0B yen of capital expansion through the issuance of preferred stock, despite the repayment of debt. (Billion y
Slide 12: Table of Contents: Full Year Projections
I. Financial results for the Q3, FY ending Mar. 2011 1. Segment information 2. Changing factors of operating income 3. Profit and loss 4. Balance sheets 5. Cash flows II. Full Year Projections of the FY ending Mar. 2011 1. Summary 2. Qualitative information © Copyright 2011 Oki Electric Industry Co.
Slide 13: Full Year Projections for the FY end. Mar. 2011 (Summary)
Full Year Projections for the FY end. Mar. 2011 (comparison with the previous announcement) [Summary] In light of recent business performance of Printers, OKI has reviewed numerical values for each segment and revised net sales projection downward by 5.0 B yen. Net income remains the same as previou
Slide 14: Qualitative Information (comparison with the previous announcement)
Qualitative Information (comparison with the previous announcement) ◆Printer segment [Net sales] ¾Overall sales decrease due to the impact of delayed economic recovery in certain regions across Europe, though sales for new models are favorable in Japan and in the US markets. [Operating income] ¾ Ope
Slide 15: © Copyright 2011 Oki Electric Industry Co., Ltd.
© Copyright 2011 Oki Electric Industry Co., Ltd. 15
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