Ohashi Technica Inc. · TSE:7628
Ohashi Technica — Q2 FY2020 Earnings Presentation
12 slides from Ohashi Technica's earnings presentation, Nov 6, 2019
Slide 1: Financial Results 2nd Quarter FY2020
(OHASHI OHASHI TECHNICA, INC. FINANCIAL RESULTS 2NPQUARTERFY2020 “November 6,2019 Mu, nn: ps://www.ohashi.co.jp
Slide 2: Consolidated Income Statement
Consolidated Income Statement \,million 2 n d Qu ar te r 2 n d Qu ar te r FY 2 0 1 9 FY 2 0 2 0 Change Change(%) Net sales 19,787 18,566 △ 1,221 93.8% Operating income 2,155 1,804 △ 351 83.7% Ordinary income 2,219 1,897 △ 322 85.5% Net income 1,623 1,365 △ 258 84.1% yen Net income per share 109.22 9
Slide 3: Analysis of Net Sales by Regional Segment
Analysis of Net Sales (¥,million) 2ND QUARTER FY 2019 Ne by Regional Segment A 1,221 A 467 A 196 A172 A2 Japan on 0 A 366 America China Asean Europe (¥million) 2nd Quarter | 2nd Quarter Change Change FY 2019 FY 2020 (%) Japan 10,836 10,369 A 467 95.7% North America 4,093 3,897 A 196 95.2%) China 2,2
Slide 4: Net sales change bridge
Automotive （Domestic） △ 1,221¥ millions OHASHI TECHNICA INC. 4
Slide 5: Analysis of Operating Income by Regional Segment
Analysis of Operating Income by Regional Segment 2Q,FY 2019 Ne (¥,million) A47 A 122 Japan AT4 A33 A89 North 2 #12 i i + America China Asean Europe Taiwan Consolidated Adjustment. (¥million) 2nd Quarter|2nd Quarter Ch Change FY 2019 FY 2020 ange 9) 1,804 Japan 953 906 A47 95.1% North America 465 342
Slide 6: Operating income change bridge
Automotive （Domestic） Effect of Automotive Other Cost exchange rate （Overseas） Improvement change △351 ¥ millions VCV VCV OHASHI TECHNICA INC. 6
Slide 7: Net Sales and Operating Income quarterly trend
Net Sales ¥ million 12,000 10,000 8,000 6,000 10,003 9,784 9,930 9,738 9,363 9,203 4,000 2,000 0 '19/3 1Q '19/3 2Q '19/3 3Q '19/3 4Q '20/3 1Q '20/3 2Q Operating Income ¥ million 1,200 1,000 800 600 1,082 1,073 1,025 895 937 400 866 200 0 '19/3 1Q '19/3 2Q '19/3 3Q '19/3 4Q '20/3 1Q '20/3 2Q OHASHI T
Slide 8: Balance Sheet
Balance Sheet March 31, 2019 September 30, 2020 (¥,million) Liabilities Liabilities 11,230 10,600 Liabilities Current Current Current Current Assets 19,410 Assets Assets Assets 33,034 33,159 28,484 Net Assets Net Assets 30,681 31,293 Noncurrent Noncurrent Assets Assets 8,859 8,753 Shareholders equit
Slide 9: Cash flow
+1,467 △327 △427 △203 Investing Activities Financing Activities Effect of Operating Activities exchange rate change 19,969 20,479 510 ￥millions Biginning of the End of the year year OHASHI TECHNICA INC. 9
Slide 10: Capital Expenditures, Depreciation, R&D Expenses
Capital Expenditures,Depreciation,R&D Expenses (\,million) Fiscal 2020 2Q，FY2019 2Q，FY2020 Change(%) (forecast) Capital Expenditures 299 428 143.1% 1,000 Depreciation 380 445 117.1% 900 R&D Expenses 20 21 105.0% 100 Capital Expenditures ￥ million 1200 1000 800 600 1,000 400 844 200 573 0 2018/3 2019
Slide 11: Main Customers
Main Customers Ranking FY 2018 FY 2019 2Q，2020 1 Hino Motors., Ltd. Hino Motors., Ltd. Hino Motors., Ltd. 2 Honda Motor Co., Ltd. Honda Motor Co., Ltd. Honda Motor Co., Ltd. 3 ISUZU MOTORS LIMITED TOYOTA MOTOR CORPORATION TOYOTA MOTOR CORPORATION 4 TOYOTA MOTOR CORPORATION ISUZU MOTORS LIMITED AISIN
Slide 12: Fiscal 2020 (Forecast)
Fiscal 2020 (Forecast) \ ,million Fi sc al 2 0 2 0 Fi sc al 2 0 1 9 (Fo r e c ast ) Change Change(%) Net sales 39,457 36,000 △ 3,457 91.2% Operating income 4,076 3,300 △ 776 81.0% Ordinary income 4,195 3,450 △ 745 82.2% Net income 2,956 2,400 △ 556 81.2% ye n N e t in c ome pe r sh are 199.02 162.76