Nihon Dempa Kogyo Co., Ltd. · TSE:6779
Nihon Dempa Kogyo — H1 FY2007 Earnings Presentation
28 slides from Nihon Dempa Kogyo's earnings presentation, November 2007
Slide 1: Results for the year ended March 2008
Results for the year ended March 2008 0
Slide 2: Contents
<Contents> Ⅰ. Financial review Ⅱ．Activities in each market 1
Slide 3: Financial Highlights (Consolidated)
Financial Highlights (Consolidated) 2
Slide 4: Trend of Half-year Results (Consolidated)
Trend of Half-year Results (Consolidated) 3
Slide 5: Sales breakdown by market segment (Consolidated)
Sales breakdown by market segment (Consolidated) 4
Slide 6: Sales breakdown by product segment (Non-Consolidated)
Sales breakdown by product segment (Non-Consolidated) 5
Slide 7: Trend of Cost to Net Sales (Consolidated)
Trend of Cost to Net Sales (Consolidated) 6
Slide 8: Break-even analysis (Consolidated)
Break-even analysis (Consolidated) 7
Slide 9: R&D Expenses (Consolidated)
R&D Expenses (Consolidated) 8
Slide 10: Capital Expenditures (Consolidated)
Capital Expenditures (Consolidated) Refer to the footnote. (Note.) 4,154 million yen is amount based on payment. Amount based on purchase is 5,500million yen. 9
Slide 11: Business Forecast (Consolidated)
Business Forecast (Consolidated) 10
Slide 12: Trend of Annual Results (Consolidated)
Trend of Annual Results (Consolidated) 11
Slide 13: Dividends
Dividends Ay NIK Crystal Bridge to the Fi 2007(Result) Cash dividends per share ¥40 Half year closing ¥15 Annual closing ¥25 Amount of dividends 196 [Unit: Million yen] Dividend payout ratio (%) 16.9%
Slide 14: Contents
<Contents> Ⅰ. Financial review Ⅱ．Activities in each market 1. Industry trends & our market share 2. Activities in the strategic markets 3. Activities in new markets 13
Slide 15: Industry trend (1): Production volume of crystal devices
Industry trend (1) Trend of the production volume of crystal devices 100 89 Optical product 90 80 75 Crystal filter Production volume (100 million) 70 64 Clock oscillator 59 60 51 53 Industrial oscillator 45 47 50 37 Consumer crystal unit 40 33 30 Crystal unit for auto 20 Quartz crystal tuning fork
Slide 16: Industry trend (2): Production value of crystal devices
Industry trend (2) Trend of the production value of crystal devices 3,000 2,817 2,678 Optical product 2,477 2,500 Crystal filter 2,172 2,178 2,182 2,034 Production value (100 million yen) 生 1,908 Clock oscillator 産 2,000 1,719 1,724 金 Industrial oscillator 額 1,500 （ Consumer crystal unit 億 円 ） 1,000
Slide 17: Industry trend (3): Unit price of crystal devices
Industry trend (3) Trend of the unit price of crystal devices 250 200 184 172 159 154 150 136 129 122 113 110 100 100 50 98 99 00 01 02 03 04 05 06 07 Forecast ** Although the QIAJ has been compiling surface acoustic wave (SAW) device data since 2002, we are not including SAW device figures. This is
Slide 18: Contents
<Contents> Ⅰ. Financial review Ⅱ．Activities in each market 1. Industry trends & our market share 2. Activities in the strategic markets 3. Activities in new markets 17
Slide 19: Activities according to the market
Activities according to the market Crystal devices are used in various markets. Each market or customer has different needs! Flexible services for various needs! 18
Slide 20: AV/OA Market (Short life)
AV/OA Market (Short life) ■Growth in production volume of AV/OA devices & crystal devices 100（億台・億個） million pcs Clock oscillators クロック用水晶発振器 25 Consumer crystal units 民生用水晶振動子 Volume of AV/OA devices 世界のAV/OA台数 (Worldwide) 23.1 20 20.4 18.4 15 16.1 17.3 14.5 12.8 10 5 5.4 5.6 6.0 6.3 6.5 6.7 5.1 0
Slide 21: Mobile Communications Market (Short life)
Mobile Communications Market (Short life) ■Mobile phones: Forecast on production volume by system Growth Unit: Million rate: % （百万台） （％） pcs 1,500 150% 1,300 121% 124% 1,200 others 1,100 964 WCDMA 1,000 114% 100% 109% 108% 778 CDMA EV CDMA 500 50% GSM Year on Year 0 0% 2005 2006 2007 2008 2009 Estim
Slide 22: Automotive Applications Market (Long life)
Automotive Applications Market (Long life) Automobile production volume Growing applications Unit: K pcs Unit: K pcs 5.0 400,000 Crystals for Auto (Safety/Control) 自動車（安全・制御）用水晶 4.5 350,000 車（W/W） Auto (W/W) ITS・情報系 ITS/info system 4.0 300,000 3.5 エンジン制御 Engine control (TPMS) 3.0 250,000 Car control
Slide 23: Fixed Communications Market (Long life): base stations
Fixed Communications Market (Long life) ■Projection of shipment for Mobile phone base stations (Worldwide) （K pcs） Other 1,200 TD-SCDMA CDMA2000 EV-DO 1,000 WCDMA 3.5G 800 CDMAone 1xRT GSM/GPRS/EDGE 600 400 200 0 2005 2006 2007 2008 2009 <Market trends> • Base stations will increase in new areas whe
Slide 24: Fixed Communications Market (Long life): optical equipment
Fixed Communications Market (Long life) ■Demand projection for optical communications equipment (K pcs) WDM 1,400 OCS 1,206 1,200 DCS 1,108 OED 1,009 % 1,000 SONET/SDH 948 10 852 9% 800 % 6% 11 600 400 200 0 2005 2006 2007 2008 2009 Source：OVUM RHK <Market trends> • Optical communication equipment f
Slide 25: Fixed Communications Market: Towards realization of NGN
Fixed Communications Market (Long life) ■New activities will start towards realization of NGN NGN=Next Generation Network Increase in traffic Increase in demand for network devices 3G mobile phones Mobile phone base stations Digital broadcasting SDH/ SONET Optical access Router Triple play WDM WiMAX
Slide 26: Contents
<Contents> Ⅰ. Financial review Ⅱ. Activities in each market 1. Industry trends & our market share 2. Activities in the strategic markets 3. Activities in new markets 25
Slide 27: CHITOSE Technical Center
CHITOSE Technical Center: Development of the world’s No.1 technologies and launch of new business (1) Microwave synthesizer: * Started sales of high performance synthesizer for digital terrestrial broadcasting * Commercialization in the digital terrestrial broadcasting market. Receiving exclusive or
Slide 28: Thank you for your attention
Thank you for your attention We are grateful for your continuous support 【Note】 Statements made in this presentation with respect to our current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about our future performance. Th