Citizen Watch Co, Ltd. · TSE:7762
Citizen Watch — Q3 FY2005 Earnings Presentation
11 slides from Citizen Watch's earnings presentation, Feb 13, 2006
Slide 1: 2005 2006 1. 2. 2005
2005 3 2006 2 13 1 1. 2005 3Q 4Q 2. 2005 2
Slide 2: 2005 3Q results
2005 3Q 3Q04 3Q05 933 926 7 0.8% 115 12.4% 112 12.1% 3 2.9% 109 11.7% 124 13.5% +15 +14.4% 64 6.9% 62 6.7% 2 4.0% USD 108 115 +7 EURO 135 138 +3 1 USD 6 4 EURO 1.3 0.5 3 05 3Q 4Q 933 802 774 845 926 844 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 115 52 52 76 112 44 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 4
Slide 3: 3Q 4Q 3Q
05 3Q 4Q 3Q 340 284 274 310 362 308 400 +22 300 200 100 0 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 100 62 28 35 53 79 36 25% 80 20% +16 21.9% 60 18.4% 15% 40 17.3% 10% 12.9% 11.8% 20 9.9% 5% 0 0% 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 5 05 3Q 4Q 3Q 313 273 278 295 290 265 400 22 300 24 200 100 0 5 3Q04 4Q04 1Q05 2Q05 3
Slide 4: 3Q +1 % 15% 10 10% +0 11.6% 5 10.0% 11.1% 9.8% 5% 6.8%
05 3Q 4Q 3Q 65 64 52 62 66 92 100 75 +1 50 25 0 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 15 6 7 5 3 7 6 20% 15% 10 10% +0 11.6% 5 10.0% 11.1% 9.8% 5% 6.8% 5.0% 0 0% 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 7 05 3Q 4Q 3Q 120 88 94 85 90 94 98 +5 80 40 0 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 20 10 14 10 12 14 17 20% 15 17.8% 15% 1
Slide 5: 3Q 2 0.3 9 6 15% 15 10% 12.9% 10 7 8.1% 5% 5
05 3Q 4Q 3Q 160 125 85 82 85 112 79 120 13 80 16 40 04 0 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 20 16 3 2 0.3 9 6 15% 15 10% 12.9% 10 7 8.1% 5% 5 -3.7% 0% 0 2.4% 0.4% -5 -8.1% -5% -10 -10% 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 9 2005 3 31 +70 +41 +90 +227 2005 10 1 5 277 2005 10 1 5 +248 +81 +227 10
Slide 6: FY01-FY05 trends
300 200 250 201 191 172 100 133 149 0 FY01 FY02 FY03 FY04 FY05 300 200 230 182 166 168 180 100 118 0 FY01 FY02 FY03 FY04 FY05 11 120 5% 106 110 102 4% 90 94 84 3% 3.2% 2.9% 3.0% 60 2.5% 2.5% 76 2% 30 1% 0 0% FY01 FY02 FY03 FY04 FY05 12
Slide 7: FY2005 forecast
2005 2005 2004 1,770 1,770 1,735 156 8.8% 156 8.8% 167 9.7% 158 9.0% 158 9.0% 172 9.9% 83 4.7% 83 4.7% 86 5.0% USD 115 110 106 EURO 137 135 137 3,390 3,390 3,572 285 8.4% 285 8.4% 370 10.4% 305 9.0% 305 9.0% 401 11.2% 160 4.7% 160 4.7% 202 5.7% USD 112 110 108 EURO 136 136 135 13 14
Slide 8: LED / CITILIGHT
LED 16,000 14,429 14,000 13,412 11,959 11,84811,913 12,000 10,482 10,787 10,099 10,139 10,000 9,297 9,282 7,623 7,9207,986 8,000 6,222 6,000 5,109 4,715 4,964 4,938 4,635 4,145 4,522 3,945 4,000 2,000 0 FY00/Q1 Q3 FY01/Q1 Q3 FY02/Q1 Q3 FY03/Q1 Q3 FY04/Q1 Q3 FY05/Q1 Q3 15 LED CITILIGHT 50,000 40,000
Slide 9: FY00/Q1 Q3 FY01/Q1
10,000 9,199 8,654 8,472 8,000 7,398 7,120 5,349 5,849 5,906 5,096 6,000 5,095 4,056 3,909 4,319 4,024 4,000 3,878 2,950 2,930 2,817 2,150 2,216 1,830 1,974 2,000 1,245 0 FY00/Q1 Q3 FY01/Q1 Q3 FY02/Q1 Q3 FY03Q1 Q3 FY04/Q1 Q3 FY05/Q1 Q3 17 2,000 1,812 1,761 1,736 1,708 1,682 1,587 1,623 1,600 1,455 1
Slide 10: FY00/Q1 Q3 FY01/Q1
19 1,800 1,495 1,432 1,457 1,464 1,500 1,377 1,315 1,317 1,267 1,260 1,249 1,141 1,168 1,200 1,124 1,045 972 987 963 954 909 884 900 841 782 673 600 300 0 FY00/Q1 Q3 FY01/Q1 Q3 FY02/Q1 Q3 FY03/Q1 Q3 FY04/Q1 Q3 FY05/Q1 Q3 20
Slide 11: FY00/Q1 Q3 FY01/Q1
1,500 1,397 1,283 1,233 1,219 1,210 1,222 1,200 1,133 984 910 891 909 900 835 863 817 802 757 752 780 698 709 647 650 600 536 300 0 FY00/Q1 Q3 FY01/Q1 Q3 FY02/Q1 Q3 FY03/Q1 Q3 FY04/Q1 Q3 FY05/Q1 Q3 21