TDK Corporation · TSE:6762

TDK — 2Q FY March 2011 Earnings Presentation

24 slides from TDK's earnings presentation, Oct 28, 2010

  1. Slide 1: Earnings release conference 2Q Fiscal Year March 2011

    Earnings release conference 2Q Fiscal Year March,2011 TDK Corporation Oct.28,2010 FY March,2011(October 28,2010) 1

  2. Slide 2: Agenda and presenters

    ‹ Consolidated results 1H.FY March,2011 ‹ Projection for FY March,2011 Takehiro Kamigama/President & CEO ‹ Consolidated results 2Q.FY March,2011 Takakazu Momozuka General Manager, Finance & Accounting Department ‹ Passive components business Shinichi Araya/Director, Senior Vice President ‹ Recording

  3. Slide 3: Consolidated results 1H FY March 2011 / Projection

    Consolidated results 1H.FY March,2011 Projection for FY March,2011 Mr Takehiro Kamigama President & CEO FY March,2011(October 28,2010) 3

  4. Slide 4: Consolidated results 1H FY March 2011

    Consolidated results 1H FY March,2011 1H FY2010 1H FY2011 Change (Apr 1.2009 - Sep 30.2009) (Apr 1.2010 - Sep 30.2010) Yen millions ％ Yen millions ％ Yen millions ％ Net Sales 385,851 100.0 442,234 100 56,383 14.6 Operating Income(Loss) 5,402 1.4 37,188 8.4 31,786 588.4 Income before 953 0.2 34,644 7.

  5. Slide 5: Features in 1H FY March 2011 results

    Features in 1H FY March,2011 results ‹ Electronics markets were supposed to continuously recover in 1H.However, its momentum has started to slow. The degree of recovery differs by finished products. 9 Steady growth in smart phones, tablet PCs、automobile and industrial equipment field. 9 Slow down in

  6. Slide 6: Projection for FY March 2011

    Projection for FY March,2011 Visibility in electronics markets for 2nd H FY Mar’11 is not clear at this moment Term FY2011 FY2011 FY2010 (April 1, 2010 - (April 1, 2010 - (April 1, 2009 - March 31, 2011) March 31, 2011) March 31, 2010) vs FY2010 Changes Forecast in Forecast in Actual October'10 Apri

  7. Slide 7: Forecast for the dividends payment FY Mar 2011

    Forecast for the dividends payment FY Mar 2011 ‹Forecast for the dividends payment in FY Mar’11 Interim dividend JPY 40 Year-end dividend JPY 40（Forecast） Annual dividend JPY 80（Forecast） FY March,2011(October 28,2010) 7

  8. Slide 8: Actions for CY2011

    Actions for CY2011 ‹ Visibility to electronics markets are not clear ‹ Higher priority on growth markets by introducing new products ¾ Growth markets for us 9 Communication market （High-end 3G phones、Smart phones） 9 Electric Vehicle/Hybrid EV/Plug in HEV, General automobile 9 Environmental and renew

  9. Slide 9: Consolidated results 2Q FY March 2011

    Consolidated results 2Q.FY March,2011 Mr Takakazu Momozuka General Manager Finance & Accounting Department FY March,2011(October 28,2010) 9

  10. Slide 10: Consolidated results 2Q FY March 2011

    Consolidated results 2Q.FY March,2011 2Q FY2010 2Q FY2011 Change (July 1.2009 - Sep 30.2009) (July 1.2010 - Sep 30.2010) Yen millions ％ Yen millions ％ Yen millions ％ Net Sales 204,305 100.0 220,309 100.0 16,004 7.8 Operating Income(Loss) 9,047 4.4 16,979 7.7 7,932 87.7 Income before 6,371 3.1 15,826

  11. Slide 11: Net sales comparison FY 2Q Mar'11 vs FY 2Q Mar'10

    Net sales comparison FY 2Q Mar’11 vs FY 2Q Mar’10 2Q of FY2010 2Q of FY2011 (July 1.2009 - Sep 30.2009) (July 1.2010 - Sep 30.2010) Change Yen billion ％ Yen billion ％ Yen billion ％ Capacitors 33.6 16.4 37.7 17.1 4.2 12.4 Inductive・devices 28.9 14.2 34.3 15.6 5.4 18.6 Other 31.3 15.3 37.5 17.0 6.2 19

  12. Slide 12: Segment information 2Q'Mar11 vs 2Q'Mar10

    Segment information 2Q’Mar11 vs 2Q’Mar10 Net sales by industry segment 2Q FY2010 2Q FY2011 Change (July 1.2009 - Sep 30.2009) (July 1.2010 - Sep 30.2010) Yen billion ％ Yen billion ％ Yen billion ％ Passive components 93.8 45.9 109.5 49.7 15.7 16.8 Magnetic Application Prodcuts 96.3 47.1 92.2 41.9 (4.0

  13. Slide 13: Statement of operation in 2Q, FY March 2011 results

    Statement of operation in 2Q, FY March 2011 results [2nd quarter results] Term 2Q of FY2010 2Q of FY2011 (July 1, 2009 - (July 1, 2010 - Change Sept. 30, 2009) Sep. 30, 2010) (Yen (Yen (U.S.$ (Yen % % Change(%) Item millions) millions) thousands) millions) Net sales 204,305 100.0 220,309 100.0 2,622

  14. Slide 14: Breakdown of Operating Income Changes

    Breakdown of Operating Income Changes （Unit：Billion Yen) 【Change in operating income total】 7.9 Change in sales and products mix 19.8 Rationalization and cost reduction and Purchased materials saving 6.5 SG&A expenses Increase (3.0) Exchange fluctuations（US$=Yen 93.7=>85.9) (5.2) Sales price reducti

  15. Slide 15: Segment information 1Q'Mar11 vs 2Q'Mar11

    Segment information 1Q’Mar11 vs 2Q’Mar11 Net sales by industry segment 1Q FY2011 2Q FY2011 (Apr 1.2010 - Jun 30.2010) (July 1.2010 - Sep 30.2010) Change Yen billion ％ Yen billion ％ Yen billion ％ Passive components 105.1 47.3 109.5 49.7 4.4 4.2 Magnetic Application Prodcuts 100.3 45.2 92.2 41.9 (8.0)

  16. Slide 16: Passive Components business

    Passive Components business Mr. Shinichi Araya Director, Senior Vice President FY March,2011(October 28,2010) 16

  17. Slide 17: Net sales comparison in Passive components

    Net sales comparison in Passive components 2Q’ FY Mar11 vs 2Q’ FY Mar10 2Q of FY2010 2Q of FY2011 Change (July 1.2009 - Sep 30.2009) (July 1.2010 - Sep 30.2010) Yen billion ％ Yen billion ％ Yen billion ％ Capacitors 33.6 35.8 37.7 34.5 4.2 12.4% Inductive devices 28.9 30.8 34.3 31.3 5.4 18.6% Other pa

  18. Slide 18: Sector Sales status

    Business overview in Passive components（1Q vs 2Q) 1Q’FY Mar11 Sector vs Sales status 2Q’FY Mar11 Ceramic capacitors Steady sales in automobile and communication markets. Aluminum & Film capacitors Capacitors △0.6％ Net sales slightly down despite steady sales in automobile and industrial, renewable e

  19. Slide 19: Recording device business

    Recording device business Mr. Atsuo Kobayashi General Manager, Senior Vice President FY March,2011(October 28,2010) 19

  20. Slide 20: Net Sales results & forecast in FY Mar'11

    Net Sales results & forecast in FY Mar’11 （Unit：Billion Yen） As of July 29’2010 As of October 28’2010 1st H 140.0 137.0 （Results） 2nd H 153.4 110.9 （Forecast） Total 293.4 247.9 （Forecast） FY March,2011(October 28,2010) 20

  21. Slide 21: Supplementary Data

    Supplementary Data FY March,2011(October 28,2010) 21

  22. Slide 22: Sector classification changes

    Sector classification changes 【Previous Classification】 【New Classification】 Constituent Sector Main business Classification Main business Ceramic capacitors Ceramic capacitors Electronic Al electrolytic capacitors Ferrite cores materials Film capacitors Magnets Inductive devices Inductive devices E

  23. Slide 23: Cautionary Statements with Respect to Forward-Looking Statements

    Cautionary Statements with Respect to Forward-Looking Statements This Thismaterial materialcontains containsforward-looking forward-lookingstatements, statements,including includingprojections, projections,plans, plans,policies, policies,management management strategies, targets, schedules, understa

  24. Slide 24: FY March,2011(October 28,2010)

    FY March,2011(October 28,2010) 24

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