Citizen Watch Co, Ltd. · TSE:7762
Citizen Watch — Q3 FY2004 Earnings Presentation
11 slides from Citizen Watch's earnings presentation, Feb 22, 2005
Slide 1: 2004 2005 1. 2004 3Q 2. 2004
2004 3 2005 2 22 1 1. 2004 3Q 2. 2004 2
Slide 2: 3Q results summary
3Q 3Q03 3Q04 1,048 933 -114 -10.9% 135 12.9% 115 12.4% -19 -14.6% 135 12.9% 109 11.7% -26 -19.6% 68 6.6% 64 6.9% -3 -5.8% USD 111 108 -3 EURO 128 135 +7 USD 6 4 EURO 1.3 0.5 3 1,048 899 911 925 933 3Q03 4Q03 1Q04 2Q04 3Q04 135 57 109 94 115 3Q03 4Q03 1Q04 2Q04 3Q04 4
Slide 3: Quarterly results by segment
04 3Q 400 369 293 280 310 340 300 -29 200 100 Q&Q 0 3Q03 4Q03 1Q04 2Q04 3Q04 80 71 21 42 44 62 24% 60 18% 19.5% 18.4% 40 12% -9 15.1% 14.4% 20 6% 7.5% 0 0% 3Q03 4Q03 1Q04 2Q04 3Q04 5 04 3Q 600 509 433 463 422 378 -131 -76 400 200 -43 0 3Q03 4Q03 1Q03 2Q04 3Q04 80 66 45 71 55 44 20% 60 15% 15.4% -21
Slide 4: Quarterly results by segment (continued)
04 3Q 100 62 80 78 93 88 75 +26 50 25 0 3Q03 4Q03 1Q04 2Q04 3Q04 16 7 8 9 14 10 20% 12 15% 15.8% +3 8 11.9% 11.9% 10% 10.9% 11.8% 4 5% 0 0% 3Q03 4Q03 1Q04 2Q04 3Q04 7 04 3Q 160 105 92 88 99 125 120 +19 80 40 +24 0 3Q03 4Q03 1Q04 2Q04 3Q04 20 8 1 3 0 16 16% 15 12% 12.9% +8 10 8% 7.7% 5 1.2% 4% 0.7% 4
Slide 5: CNC machine tools results
2004 3 31 +63 CNC +34 +69 -34 +145 -26 +69 9 300 274 200 201 190 172 100 133 142 0 FY00 FY01 FY02 FY03 FY04 300 200 230 220 182 166 175 100 120 0 FY00 FY01 FY02 FY03 FY04 10
Slide 6: Capital expenditure and balance sheet trends
120 4% 113 106 90 3.2% 100 3% 94 3.0% 84 2.8% 2.5% 2.5% 60 76 2% 30 1% 0 0% FY00 FY01 FY02 FY03 FY04 11 25,000 21,949 19,220 18,703 19,864 20,320 20,000 11,978 15,000 10,973 12,029 12,529 10,909 10,000 5,000 9,971 8,247 7,794 7,835 7,791 0 2001/03 2002/03 2003/03 2004/03 2004/12 12
Slide 7: FY2004 full-year forecast
1. 2004 3Q 2. 2004 13 2004 2004 2003 1,733 1,873 1,948 161 9.3% 206 11.0% 192 9.9% 150 8.7% 200 10.7% 193 9.9% 79 4.6% 99 5.3% 110 5.7% USD 106 105 109 EURO 137 130 131 3,570 3,710 3,757 365 10.2% 410 11.1% 355 9.5% 380 10.6% 430 11.6% 353 9.4% 195 5.5% 215 5.8% 194 5.2% USD 108 107 114 EURO 135 131
Slide 8: Forecast by segment
04 FY03 1500 1,271 1,242 1,220 1000 -51 OEM 500 0 FY03 FY04 FY04 11/16 250 25% 185 190 175 200 20% 150 15% -10 14.6% 15.3% 14.3% 100 10% 50 5% 0 0% FY03 FY04 FY04 11/16 15 04 FY03 1,816 1,744 1,600 2000 1500 -216 1000 -138 500 -76 0 FY03 FY04 FY04 11/16 300 197 240 200 20% 15% +2 200 13.8% 10% 12.5%
Slide 9: Forecast by segment (continued)
04 FY03 400 279 349 355 +75 300 200 100 0 FY03 FY04 FY04 11/16 60 29 50 52 20% 45 14.3% 14.6% +22 30 10% 10.7% 15 0 0% FY03 FY04 FY04 11/16 17 04 389 375 395 FY03 400 300 +5 200 100 0 FY03 FY04 FY04 11/16 24 14 10 18 8% 18 6% 12 4% +3 4.6% 3.6% 6 2% 2.7% 0 0% FY03 FY04 FY04 11/16 18
Slide 10: Slide 10
Slide 11: J
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