Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q2 FY2008 Earnings Presentation
16 slides from Hirose Electric's earnings presentation, Nov 11, 2008
Slide 1: Business Results for Second Quarter, FY2008
Business Results for Second Quarter, FY2008 Nov.11 2008 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 Results Summary for Second Quarter, FY2008
Business Results Summery for Second Quarter, FY2008 (hundred millions of yen) (A)FY2007 (B)FY2008 (B)-(A) (B)/(A) Major Changes over the prior same 1Q & 2Q 1Q & 2Q period (hundred millions of yen) 555.0 [Sales] 38.2 decrease Foreign Hirose Subsidiaries Sales 588.6 550.4 -38.2 -6.5% -28.5 -9.7 (COGS
Slide 4: Sales and Profits (FY2005 first half - FY2007 first half)
Sales and Profits (FY2005 first half - FY2007 first half) (hundred millions of yen) 1,000 900 40% 36.7% 37.3% 36.7% 800 33.6% 32.8% 30.7% Sales 700 29.7% 30% 585 589 592 600 566 570 550 Ordinary 500 478 20% Profits 400 300 Profits 211 Ratio 215 198 182 10% 200 175 187 164 100 0 0% FY2005 FY2005 FY20
Slide 5: Sales and Profits by Quarter (FY2006/1Q-FY2008/2Q)
Sales and Profits by Quarter (FY2006/1Q-FY2008/2Q) (hundred millions of yen) 500 38.4% 40% 400 35.0% 34.7% 33.2% 33.0% 32.4% 32.4% 30.5% 319 28.1% 28.8% 30% Sales 309 296 300 289 294 276 279 289 272 261 Ordinary Profits 20% 200 Profit Ratio 114 101 107 105 98 89 91 88 10% 100 77 75 0 0% FY2006 FY200
Slide 6: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of yen) Account (A)Mar. 31, 2008 (B)Sep. 30, 2008 (B)-(A) Remarks Cash and 1,252.5 1,265.4 12.9 Small increase of cash in Koriyama Cash in bank Hirose and Foreign subsidiaries. Trade 312.1 306.0 -6.1 Increase in foreign sales ratio.(2007/Q4 Rec
Slide 7: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of yen) Account (A)Mar. 31, 2008 (B)Sep. 30, 2008 (B)-(A) Remarks Notes payables and 162.7 160.5 -2.2 Purchase decrease Accounts payables Income Tax 58.8 64.3 5.5 Tax payment -54 Tax appropriated +63 Payables, etc. Others 89.4 85.0 -4.4 Account
Slide 8: Cash Flow
Cash Flow (hundred millions of yen) (A)FY2007, Q2 (B)FY2008, Q2 (B)-(A) Main Changes Cash Flows from 163.4 141.6 -21.8 Pre-tax income decrease -35.1 Operating Activites Accounts payable decrease -15.4 Inventories increase -10.0 Depreciation increase 5.8 Accounts receivable decrea 23.7 Corporation ta
Slide 9: Sales Ratio by Markets
Sales Ratio by Markets (in round numbers) FA Controling Others Others Equipment2% 20% FA controling 20% Equipm ent Mobile Phone 2% 33% Mobile Phone 33% Associated Electronic Associated Equipm ent 3% Electronic FY2007 Equipment3% Cable Com m unication First half Digital Consum er Electronics FY2008 3
Slide 10: Sales Changes by Markets, FY2007 first half and FY2008 first half
Sales Changes by Markets, FY2007 first half and FY2008 first half 4%down FY2007 First half FY2008 18%up First half 9%up Digital Automotive Notebook Computer Office Associated FA Controlling Mobile *2 Consumer PC Related Machinery Electronic Equipment Phone Electronics Equipment Wireless Equipment Ca
Slide 11: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 60 56 52 50 47 46 41 Overseas 40 Sales Ratio 34 35 34 30 30 31 Overseas Production 20 Area 10 0 FY2004 FY2005 FY2006 FY2007 FY2008 H20上期 First half 11
Slide 12: Capital Investment & Depreciation Change
Capital Investment & Depreciation Change （hundred millions of yen） 100 40.0 (%) 92 92 90 90 89 90 84 35.0 80 30.0 Capital 70 70 Investment 25.0 60 55 Depreciation 50 20.0 40 39 35 15.0 Investment 30 9.0 Ratio 8.0 7.8 7.8 10.0 20 7.1 8.7 Depreciation 7.5 5.0 10 5.3 6.1 6.4 Ratio 0 0.0 FY2008 FY2008 F
Slide 13: Number of Employees
Number of Employees (people) 6000 5205 5230 4854 5000 4662 4209 4000 Overseas 3832 3832 3000 3386 3547 3039 Domestic 2000 1000 1170 1276 1307 1373 1398 0 FY2008 2005 March 2006 March 2007 March 2008 March 2009 March First half 13
Slide 14: Composition of Shareholders
Composition of Shareholders 100% 2.73 2.95 2.74 5.58 6.80 Treasury Stock 90% 13.86 14.08 13.46 11.72 11.65 80% Individual and 70% others 37.44 39.35 60% 43.47 45.52 44.93 Foreign Corporation 50% etc. 40% 14.46 Other 14.79 Corporation 1.12 14.63 30% 1.21 14.67 14.67 1.34 Securities Firm 20% 1.26 0.98
Slide 15: Business Forecast For the Year Ended March 31, 2009
Business Forecast For the Year Ended March 31, 2009 *"Previous" regarding the Business forecast of FY2008 on August 7th, FY2008 (hundred millions of yen) First half 下期 下期 half Second For the 年間 Year Previous Forecast(FY2008) New Forecast(FY2008) Over the previous official amount Over the previous of
Slide 16: FY2008 Business Forecast
FY2008 Business Forecast (hundred millions of yen) First half 下期 Second half For the Year Actual (FY2007) New Forecast (FY2008) Over the same period Ov er the same period Over the prior year First Second Second % % % Amounts Amounts Amounts half half For the Year First half half For the Year changes