Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — Q1 FY ending March 2014 Earnings Presentation

12 slides from Oki Electric Industry's earnings presentation, Aug 1, 2013

  1. Slide 1: Financial Results for the Q1 of FY ending March 31, 2014

    Financial Results for the Q1 of FY ending March 31, 2014 August 1, 2013 Oki Electric Industry Co., Ltd. •Indication method of amounts in hundred millions (yen) are as follow: Amounts in each item are rounded to the nearest hundred million yen. Variances are calculated in the hundred millions. •The p

  2. Slide 2: Table of Contents

    Table of Contents I. Financial results for the Q1, FY ending Mar. 2014 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows © Copyright 2013 Oki Electric Industry Co., Ltd 2

  3. Slide 3: Overall condition of the Group

    Overall condition of the Group Info-telecom business was steady. OKI’s overall performance is approximately the same as planned, though Printers business was affected by the deterioration of market condition. [YoY comparison]  Net sales increased by 0.1 B yen. (Impact of currency exchange: +5.8 B y

  4. Slide 4: Segment Information: Info-telecom Systems

    Segment Information: Info-telecom Systems Impact of currency exchange Net sales increased by 1.7 B yen. Operating income Net sales increased by 0.3 B yen. Net sales decreased by 1.3 B yen excluding the impact 51.4 51.0 (Billion yen) of currency exchange. 15.6 15.5 Mechatronics systems  Solutions &

  5. Slide 5: Segment Information: Printers

    Segment Information: Printers Impact of currency exchange Net sales Net sales increased by 4.1 B yen. Operating income (Billion yen) increased by 0.1 B yen. 28.0 28.5 0.8 Others 3.7 3.3 Net sales decreased by 4.6 B yen excluding the impact 3.3 Dot Impact of currency exchange. 6.5 5.4 Mono LED Colo

  6. Slide 6: Segment Information: EMS, Others

    Segment Information: EMS, Others Net sales: Net sales  EMS: 11.8 11.6 (Billion yen) Net sales increased due to new consolidation of OKI Tanaka Circuits in addition to acquisition of 4.0 4.9 Others new businesses in telecom and medical equipment markets. 7.8 6.7 EMS  Others: Net sales decreased due

  7. Slide 7: Changing Factors of Operating Income

    Changing Factors of Operating Income Reduction in fixed costs due to revamping Printers business structure, etc. offset decline in volume, change in product mix, and price decline. (Billion yen) 1Q of FY end. 1Q of FY end. March 2013 March 2014 (results) (results) (2.2) Reduction in (2.3) fixed cost

  8. Slide 8: Q1 Profit and Loss

    Q1 Profit and Loss [Y on Y comparison] FY Mar. FY Mar. SG&A improved as allowance for (Billion yen) 2014 2013 doubtful accounts and transportation cost, etc. decreased. Net Sales 91.2 91.1 Other income and expenses Cost of Sales 70.0 66.7 improved due to exchange gain (from SG&A 23.4 26.7 -0.9 B yen

  9. Slide 9: Balance Sheet [Assets]

    Balance Sheet [Assets] Total assets declined by 12.0 B yen due to reduction in notes and accounts receivables. Cash and cash equivalents increased by 14.6 B yen. Due to the tendency of larger sales in Q4 of the previous fiscal year, notes and account receivables at March end increased. These receiva

  10. Slide 10: Balance Sheet [Liabilities and shareholders' equity]

    Balance Sheet [Liabilities and shareholders’ equity] Shareholders’ equity decreased by 3.4 B yen due to recording net loss and a dividend payment on preferred shares, etc. Shareholders’ equity ratio: 15.6% Net interest bearing debt decreased by 14.3 B yen to 70.3 B yen. Net D/E ratio: 1.3 times (bil

  11. Slide 11: Cash Flows

    Cash Flows Free cash flows saw a net inflow of 15.0 B yen due to improvement in net income and working capital. FY end. FY end. (Billion yen) Mar. 2014 Mar. 2013 Ⅰ Cash flows from operating activities 16.8 (1.3) Net income before income taxes 0.0 (3.6) Depreciation & amortization 3.4 2.8 Change in w

  12. Slide 12: © Copyright 2013 Oki Electric Industry Co., Ltd

    © Copyright 2013 Oki Electric Industry Co., Ltd 12

Oki Electric Industry — Q1 FY ending March 2014 Earnings Presentation on 6ix