Resonac Holdings Corporation · TSE:4004

Resonac — Showa Denko K.K. — Q1 2012 Earnings Presentation

15 slides from Resonac's earnings presentation, Apr 27, 2012

  1. Slide 1: First Quarter, 2012 Financial Results - Consolidated

    Evolving unique chemical company First Quarter, 2012 Financial Results - Consolidated - SHOWA DENKO K.K. April 27, 2012 Yoshikazu Sakai, CFO This presentation contains statements relating to management’s projections of future profits and expectations for the Company’s product development program. Th

  2. Slide 2: Consolidated Companies and Selected Data

    Consolidated Companies  Consolidated subsidiaries: 38 Excluded: 4 Thermal Technology Corporation of America Showa Aluminum (Thailand) Co., Ltd. Showa Aluminium Czech S.R.O. Grand Ocean-Showa Auto Air Conditioning (Dalian) Co., Ltd.  Equity method applied: 18 Newly applied, Excluded: none Selected

  3. Slide 3: Summary

    Summary (Unit: Billions of Yen) CQ1, 2011 CQ1, 2012 Increase Net Sales 193.0 181.4 -11.7 Operating Income 9.4 9.5 0.2 Non-operating income and expense -1.4 -1.2 0.2 Interest/Dividend income and expense -1.1 -0.9 0.2 Equity Method 0.5 0.5 0.0 Foreign exchange gain 0.1 -0.0 -0.1 Other -0.8 -0.7 0.1 Or

  4. Slide 4: Extraordinary Profit/Loss

    Extraordinary Profit/Loss (Unit: Billions of Yen) CQ1, 2011 CQ1, 2012 Increase Extraordinary Profit 0.5 0.3 -0.1 Gain on transfer of business 0.1 0.1 0.0 Other 0.4 0.2 -0.2 Extraordinary Loss -4.3 -1.6 2.6 Loss on fixed assets sold or retired -0.4 -0.3 0.0 Loss on impairment of fixed assets -0

  5. Slide 5: Sales and Operating Income by Segment

    Sales and Operating Income by Segment 2012/Jan.-Mar. Net Sales Operating Income 2011/Jan.-Mar. (Unit: Billions of Yen) (Unit: Billions of Yen) 47.1 0.1 Petrochemicals 58.9 2.1 30.6 Chemicals 0.6 32.5 1.7 41.5 8.7 26.5 Electronics 2.1 16.1 1.5 Inorganics 19.7 2.5 21.5 -0.2 Aluminum 29.7 1.6 33.6 0.2

  6. Slide 6: Consolidated Sales by Segment

    Consolidated Sales by Segment (Unit: Billions of Yen) CQ1, CQ1, Increase 2011 2012 Olefins: sales decreased (shipment volumes down due to the relaxation of supply and demand conditions, problem with Petrochemicals 58.9 47.1 -11.8 equipment) Organic chemicals: sales decreased (shipment volume of viny

  7. Slide 7: Consolidated Operating Income by Segment

    Consolidated Operating Income by Segment (Unit: Billions of Yen) CQ1, CQ1, Increase 2011 2012 Olefins: profit decreased (shipment volumes down) Petrochemicals 2.1 0.1 -2.0 Organic chemicals: profit decreased (shipment volume of vinyl acetate and ethyl acetate down) Functional polymers: profit mainta

  8. Slide 8: Consolidated Balance Sheet

    Consolidated Balance Sheet (Unit: Billions of Yen) Assets Dec.31, Mar.31, Increase/ Liabilities and Net Assets Dec.31, Mar.31, Increase/ 2011 2012 decrease 2011 2012 decrease Cash and deposits 55.2 43.4 -11.8 Notes and accounts payable 117.2 113.3 -3.8 Notes and accounts receivable 139.4 141.8 2.4 I

  9. Slide 9: Total Assets, Interest-bearing Debt and D/E ratio

    Total Assets Interest-bearing Debt and D/E ratio (Unit: Billions of Yen, times, %) Dec.31, 2011 Mar.31, 2012 Increase  Total assets 941.3 946.1 4.8  Interest-bearing debt 347.3 356.4 9.1  Debt/Equity ratio 1.17times 1.18times 0.01p  Stockholders’ Equity ratio 26.8% 27.6% 0.8p Showa Denko 1st Qua

  10. Slide 10: (Reference) Quarterly Operating Income

    (Reference) Quarterly Operating Income (Unit: Billions of Yen) 《Corporate》 2012 16.8 2011 15.0 12.7 10.0 9.4 9.5 8.5 5.0 0.0 CQ1 CQ2 CQ3 CQ4 Showa Denko 1st Quarter, 2012 Consolidated Financial Results 10

  11. Slide 11: (Reference) Quarterly Operating Income - Petrochemicals, Chemicals

    (Reference) Quarterly Operating Income 《Petrochemicals》 《Chemicals》 (Unit: Billions of Yen) (Unit: Billions of Yen) 2012 2.5 2012 2.3 2.1 2011 2011 2.0 1.8 1.7 1.3 1.0 1.5 0.8 1.1 0.3 0.1 0.6 -0.2 CQ1 CQ2 CQ3 CQ4 0.5 -0.7 -1.2 CQ1 CQ2 CQ3 CQ4 -1.7 -0.3 -1.6 -0.5 -0.5 Showa Denko 1st Quarter, 2012 Co

  12. Slide 12: (Reference) Quarterly Operating Income - Electronics, Inorganics

    (Reference) Quarterly Operating Income 《Electronics》 《Inorganics》 (Unit: Billions of Yen) (Unit: Billions of Yen) 14.0 2012 4.0 2012 12.5 2011 2011 12.0 3.2 10.2 10.0 3.0 8.7 2.5 2.5 8.0 2.0 6.0 5.4 1.5 1.5 4.0 1.0 2.1 2.0 0.0 0.0 CQ1 CQ2 CQ3 CQ4 CQ1 CQ2 CQ3 CQ4 Showa Denko 1st Quarter, 2012 Consoli

  13. Slide 13: (Reference) Quarterly Operating Income - Aluminum, Others

    (Reference) Quarterly Operating Income 《Aluminum》 《Others》 (Unit: Billions of Yen) (Unit: Billions of Yen) 3.5 2012 1.0 2012 2011 2011 3.0 0.8 2.5 2.4 0.7 2.0 2.0 1.6 0.5 1.5 1.0 0.3 0.2 0.5 0.2 0.1 0.0 CQ1 CQ2 CQ3 CQ4 0.0 -0.2 -0.5 CQ1 CQ2 CQ3 CQ4 Showa Denko 1st Quarter, 2012 Consolidated Financia

  14. Slide 14: Topics

    Topics  Petrochemicals Temporary suspension of ethylene plant  Operation at SDK’s ethylene plant at the Oita Complex has temporarily been suspended. During the time of periodic maintenance of the plant that had started on March 7, a trouble occurred in equipment for the cooling process, necessita

  15. Slide 15: Topics

    Topics  Aluminum Construction of a high-purity aluminum foils plant in China  As part of its plan to expand the capacitor-grade high-purity aluminum foils business, SDK has decided to build a new plant in China. A groundbreaking ceremony was held in March at a site in Nantong, Jiangsu Province. T

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