Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — FY2013 Earnings Presentation
19 slides from Hirose Electric's earnings presentation, May 9, 2014
Slide 1: Business Results of FY2013
Business Results of FY2013 Creative Links to World Electronic May 9th, 2014 Hirose Electric 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 FY2013
Business Situation of FY2013 [1Q FY2013 (Apr – Jun)] •1Q : Good trend in Korean and Chinese Smartphone/Mobile market and Automotive market. And although the trend is not strong, Industrial market shows a sign of recovery. [2Q FY2013 (Jul – Sep)] • 2Q : Industrial and Automotive market had maintained
Slide 4: FY2012 1Q – 2014 Mar Orders and Sales
FY2012 1Q – 2014 Mar Orders and Sales (Consolidated Basis, Index Number) Total Good trend in Chinese 160 Adjustment in Korean and Smartphone Chinese Smartphone Order 143 140 136 136 137 135 Sales 135 133 134 130 131 124 124 136 135 124 132 129 126 128 118130 120 122 121 123 107 Steady trend in Smart
Slide 5: Sales by Markets: Smartphone / Mobile
FY2012 1Q – 2014 Mar Sales by Markets (Consolidated Basis, Index Number) Smartphone / Mobile 200 Good trend in Chinese Smartphone 180 177 169 170 159 160 156 155 160 145 144 142 145 137 140 121 Good trend in Korean and Chinese 120 108 Smartphone 90 100 Adjustment in Korean Average of FY2012 = 100 82
Slide 6: Sales by Markets: Automotive
FY2012 1Q – 2014 Mar Sales by Markets (Consolidated Basis, Index Number) Automotive 150 Impacted by domestic 143 automotive manufacturers 138 138 139 137 140reducing production due to the boycott of Japanese 134 goods in China 128 130 124 118 119 118 120 114 Continuing the good trend both in domesti
Slide 7: Sales by Markets: Associated Electric Equipment, FA Controlling Device, and Others
FY2012 1Q – 2014 Mar Sales by Markets (Consolidated Basis, Index Number) Associated Electric Equipment, FA Controlling Device, and Others Steady 150 progress 138 140 135 Sign of 130 Recovery 126 128 126 130 124 122121 119120 120 115 110 103 98 99 100 100 Average of FY2012 = 100 90 Sluggish order via
Slide 8: Business Results for FY2013
Business Results for FY2013 note) Green Italics number : data announced on January 2014 (hundred millions of Yen) (A)FY2012 (B)FY2013 (B)-(A) (B)/(A) Major changes over prior same period (FY ended Mar 31, 2013） (FY ended Mar 31, 2014) (unit: hundred millions of Yen) 1,240.0 Sales 959.4 1,249.9 290.5
Slide 9: Sales and Profits by Half-Year
Sales and Profits by Half-Year (hundred millions of Yen) 900 40% 800 29.6% 28.2% 26.0% 30% 700 25.0% 24.5% Sales 22.3% 633 20.8% 617 18.9% 600 20% Recurring 475 492 492 Profit 500 449 456 468 10% 400 Recurring Profit 300 0% Ratio 183 165 200 134 123 114 93 110 -10% 86 100 0 -20% FY2010 FY2010 FY2011
Slide 10: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen） Account (A) Mar 31, 2013 (B) Mar 31, 2014 (B) - (A) Remark Increase in overseas subsidiaries, Cash and Cash in Bank 1,157.0 1,262.4 105.4 etc (including impact of foreign currency rate change +28.5) Trade 241.9 294.7 52.8 Increase due t
Slide 11: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31, 2013 (B) Mar 31, 2014 (B) - (A) Remark Notes Payable and Account 108.0 113.8 5.8 Increase increase due to production Payable Income Taxes Payable, etc 38.9 78.4 39.5 Increase in Deferred tax liabilities, Others 111.2
Slide 12: Sales by Market (Round Number) [Consolidated Basis]
Sales by Market (Round Number) [Consolidated Basis] (Others 20%) (FA Controlling Equipment 2%) Smartphone (Associated Electric General /Mobile Phone (Others21%) Equipment 3%) Smartphone/ Industrial 37% (FA Controlling General Mobile Phone 26% Equipment 2%) Industrial 31% 26% (Cable Communication (As
Slide 13: Sales Changes by Market (Round Number) [Consolidated Basis]
Sales Changes by Market (Round Number) [Consolidated Basis] 55%up 400 25%up FY2012 FY2013 29%up 63%up 0 Smartphone General Automotive Tablet / Communication Digital Computer Office / Mobile Industrial Notebook PC *2 Consumer Related Machinery Phone Electronics Equipment *1 ※１ ※２ As this is in round
Slide 14: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 72 70 66 60 61 Overseas 60 59 Sales Ratio 50 47 48 41 40 Overseas 32 32 Production 30 Ratio 20 10 0 FY2009 FY2010 FY2011 FY2012 FY2013 FY2013 14
Slide 15: Capital Investment and Depreciation Change (Consolidated Basis)
Capital Investment and Depreciation Change (Consolidated Basis) (hundred millions of Yen) 120 (%) 120 114 111 110 105 40.0 100 Capital 88 Investment 81 81 80 30.0 Depreciation 70 68 60 Capital 20.0 Investment Ratio 40 11.6 Depreciation 9.3 9.1 9.2 Ratio 7.6 10.0 20 8.5 8.4 8.8 8.1 7.4 0 0.0 FY2010 F
Slide 16: Number of Employees (Financial Report Basis)
Number of Employees (Financial Report Basis) (Employees) 5020 5000 3865 3945 3966 Overseas 4000 3512 3000 4010 Domestic 2794 2923 2972 2430 2000 1000 1082 1071 1022 1010 994 0 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 16
Slide 17: Distribution of Shareholders
Distribution of Shareholders 100% 10.95 11.76 13.53 13.66 14.77 7.42 7.13 Treasury 6.80 5.98 4.61 Stocks 80% Individual and Others 60% 41.42 41.74 38.20 40.38 40.55 Foreign Corporation Other 40% Corporation 12.79 12.83 13.56 13.20 12.82 1.21 Securities 1.32 1.19 0.32 0.66 Firm 20% 26.10 27.42 26.09
Slide 18: Business Forecast for the Year Ended March 31, 2015 (Consolidated)
Business Forecast for the Year Ended March 31, 2015 (Consolidated) (hundred millions of Yen) FY2013(FY ended Mar 31,2014) FY2014 (FY ended Mar 31,2015) First Half For the Year Actual Forecast Ov er the Prev ious Actual Amount Over the Previous Actual Amount Amount Amount First Half For the Year Firs
Slide 19: Sales and Profit, Actual Change and Forecast
Sales and Profit, Actual Change and Forecast Highest (hundred millions of Yen) Sales 1,400 80% Le ock 1,300 Sh and six Sa ofit ase hm Pr cre les r 1,250 an de IT fo ds Bu Bu le s r io 1,155 1,180 a les ase 70% 1,200 r b a S pe S e st ble in n ncr Sa g e i iv e i Pr les de ofit an eas cut 1,044 Sales