Ohashi Technica Inc. · TSE:7628
Ohashi Technica — Q2 FY2019 Earnings Presentation
12 slides from Ohashi Technica's earnings presentation, Nov 6, 2018
Slide 1: Ohashi Technica Financial Results 2nd Quarter FY2019
(OHASHI OHASHI TECHNICA, INC. FINANCIAL RESULTS 2NPQUARTER,FY2019 Global Supplier November 6,2018 http://www.ohashi.co.j
Slide 2: Consolidated Income Statement
Consolidated Income Statement \,million 2 n d Qu ar te r 2 n d Qu ar te r FY 2 0 1 9 FY 2 0 1 8 Change Change(%) Net sales 19,787 19,090 697 103.7% Operating income 2,155 2,064 91 104.4% Ordinary income 2,219 2,062 157 107.6% Net income 1,623 1,418 205 114.5% yen Net income per share 109.22 95.35 13
Slide 3: Analysis of Net Sales by Regional Segment
Analysis of Net Sales by Regional Segment ¥ million +697 Europe Asean North China America Japan （¥,million） 2ｎｄ Quarter 2nd Quarter Change Change (%) FY 2019 FY 2018 Japan 10,836 10,260 576 105.6％ North America 4,093 4,331 △238 94.5％ China 2,284 2,163 121 105.6％ Asean 1,477 1,304 173 113.3％ Europe 1
Slide 4: Analysis of Net Sales by Products Segment
Analysis of Net Sales by Products Segment ¥ million Automotive Other Effect of Automotive （Overseas） exchange rate （Internal） change 697 ¥ millions 2Q,FY2018 2Q,FY2019 OHASHI TECHNICA INC. 4
Slide 5: Analysis of Operating Income by Regional Segment
Analysis of Operating Income by Regional Segment ¥ million Taiwan Consolidated Europe Adjustment Japan Asean North China America （\,million） 2nd 2nd C h an ge Qu ar t e r Qu ar t e r C h an ge (% ) FY 2 0 1 9 FY 2 0 1 8 J a pa n 953 915 38 104.1% N orth A meri ca 465 583 △ 118 79.7% Chi na 345 328 1
Slide 6: Analysis of Operating Income by Products Segment
Analysis of Operating Income ¥ million by Products Segment Automotive Other （Overseas） Cost Effect of Automotive Improvement exchange rate （Internal） change 91 ¥ millions VCV VCV 2Q,FY 2018 2Q,FY 2019 OHASHI TECHNICA INC. 6
Slide 7: Net Sales / Operating Income
¥ million 12,000 Net Sales 10,000 8,000 6,000 10,003 9,784 9,508 9,581 9,962 9,921 4,000 2,000 0 '18/3 1Ｑ '18/3 2Ｑ '18/3 3Ｑ '18/3 4Ｑ '19/3 1Ｑ '19/3 2Ｑ ¥ million Operating Income OHASHI TECHNICA INC. 7
Slide 8: Balance Sheet
Balance Sheet March 31, 2018 September 30, 2018 (¥,million) Liabilities Liabilities 11,459 10,989 Liabilities Current Current Current Current Assets 19,410 Assets Assets Assets 32,492 31,945 28,484 Net Assets Net Assets 29,293 30,082 Noncurrent Noncurrent Assets Assets 8,579 8,807 Shareholders equit
Slide 9: Cash Flows
Cash Flows (¥,million) Investing Financing Activities Activities Operating Activities Effect of exchange rate change 957 ¥ millions Biginning of the year End of the year OHASHI TECHNICA INC. 9
Slide 10: Capital Expenditures, Depreciation, R&D Expenses
Capital Expenditures,Depreciation,R&D Expenses Fiscal 2019 2Q，FY2019 2Q，FY2018 Change(%) (forecast) Capital Expenditures 299 407 73.5% 1,000 Depreciation 380 415 91.6% 900 R&D Expenses 20 20 100.0% 100 Capital Expenditures ￥ million FY2017 FY2018 FY2019 （Forecast） OHASHI TECHNICA INC. 10
Slide 11: Main Customer
Main Customer Ranking FY 2017 FY 2018 2Q，2019 1 Hino Motors., Ltd. Hino Motors., Ltd. Hino Motors., Ltd. 2 Honda Motor Co., Ltd. Honda Motor Co., Ltd. Honda Motor Co., Ltd. 3 ISUZU MOTORS LIMITED ISUZU MOTORS LIMITED TOYOTA MOTOR CORPORATION 4 TOYOTA MOTOR CORPORATION TOYOTA MOTOR CORPORATION AISIN
Slide 12: Fiscal 2019 (Forecast)
Fiscal 2019 (Forecast) \ ,million Fi sc al 2 0 1 9 (Fo r e c ast ) Fi sc al 2 0 1 8 Change Change(%) Net sales 40,000 38,974 1,026 102.6% Operating income 4,250 4,219 31 100.7% Ordinary income 4,350 4,306 44 101.0% Net income 2,700 3,065 △ 365 88.1% ye n N e t in c ome pe r sh are 181.61 206.13 △24.