Thk Co., Ltd. · TSE:6481

Thk — H1 2018 Earnings Presentation

24 slides from Thk's earnings presentation, Aug 10, 2018

  1. Slide 1: Interim Financial Results Briefing

    INTERIM FINANCIAL RESULTS BRIEFING August 10th 2018 THK CO., LTD. President & CEO AKIHIRO TERAMACHI This presentation material contains forward looking statements that reflect the Companyʼs business plans, performance projections, and management strategy. Such statements are based on information cur

  2. Slide 2: Contents

    Contents Ⅰ. Financial Results for 1st Half of Fiscal 2018 Ⅱ. Major Measures Ⅲ. Financial Forecast for Fiscal 2018 Copyright THK CO., LTD. 2018. All rights reserved.

  3. Slide 3: Financial Results for 1st Half of Fiscal 2018

    Ⅰ. Financial Results for 1st Half of Fiscal 2018 Copyright THK CO., LTD. 2018. All rights reserved.

  4. Slide 4: Financial Highlights

    Financial Highlights *Growth rates represent reference figures as compared to the 2017 January-June period ※地域別売上⾼は Net sales increased by 15.9％ year on year to 179.4 billion yen *Geographic where sales is based on our customers are located 海外売上⾼ベース In Japan, demand was strong on the whole for goods

  5. Slide 5: Trend in Net Sales

    Trend in Net Sales Reference figures by using January-June as the first half and July-December *The growth ratios are just for reference as the second half for all regions 179,450 due to an irregular financial closing Asia and other Asia and other 164,000 14,604 *Taiwan Up 13.1％ *Singapore Up 23.8％

  6. Slide 6: Operating Income – Change Factors (Industrial Machinery)

    (Ref.) Operating Income – Change Factors – (Industrial Machinery: January - June) ＋1.7 ＋0.3 +11.7 (3.1) 26.3 billions of yen 15.7 billions of yen January - June (6 mos. only) for industrial machinery Operating Income Increase in Effect Change in Foreign Operating Income January - June 2017 Fixed Cos

  7. Slide 7: Assets, Liabilities and Net Assets

    Assets, Liabilities and Net Assets Cash and Cash in Account |Y/Y : Total Assets Current Liabilities | Y/Y : Up ¥11,795 million 464,456 millions of yen Up ¥10,671 million Cash Flows from Operating Activities : ■Accounts Payable | Y/Y : ¥26,445 million Up ¥27,791 million Up ¥3,406 million Cash Flows f

  8. Slide 8: Major Measures

    Ⅱ. Major Measures Copyright THK CO., LTD. 2018. All rights reserved.

  9. Slide 9: Growth Strategy: Expansion of Business Areas

    Growth Strategy Expansion of Business Areas Copyright THK CO., LTD. 2018. All rights reserved. 8

  10. Slide 10: Management Targets

    Management Targets FY2022 Consolidated Net Sales ¥500 billion Operating Income ¥100 billion ROE 17％ EPS ¥560 【The Point】 Continuation and further augmentation of the basic strategy 【Assumptions】 Exchange rate US$1 = ¥105 IMF Global economic growth rate of 3.8% on average *The figures for the Automot

  11. Slide 11: Key Initiatives in Business Lines

    Key Initiatives in Business Lines FY2018_1H FY2018_1H Industrial Machinery Business Automotive and Transportation Business Net Sales 119.5 billions of yen Net Sales 59.9 billions of yen Y/Y ＋24.4％ Y/Y ＋2.0％ Expansion of Top Line Expansion of Top Line Strategic sales for Expansion of L&S Business a w

  12. Slide 12: Expand Sales to a Wide Range of Customers

    Expand Sales to a Wide Range of Customers （Semi-custom made products with quick delivery） Semi-custom made products with quick delivery The number of products has been increasing Being a semi-custom order product allows the customer to procure an optimal item Can check delivery date and price instan

  13. Slide 13: Omni THK Launched in China

    Expand Sales to a Wide Range of Customers （Omni THK） May 2018: Omni THK was launched in China Provide accounts to approx. 60 distributor companies Roll out semi-custom made products with quick delivery 2018 2H Acquiring orders smoothly Scheduled to deploy Brazil (Some of) Omni THK Japan Chinese dist

  14. Slide 14: Enhancement of the Global Manufacturing Structure

    Enhancement of the Global Manufacturing Structure (Industrial Machinery Business） Yamagata Plant (Japan) New plant extension Planned operation in Dec. 2018 THK India New plant Planned operation in Jan. 2020 ■Target products：LM Guide ■Target products： ■Space of land bought：About 205,000㎡ Electric Act

  15. Slide 15: Construction of a New Plant in India by THK India

    Construction of a New Plant in India by THK India THK India ■Construction is expected to start in Aug. 2018 Planned operation in Jan. 2020 ■Location：Sri City, Andhra Pradesh, India ■Target products：LM Guide ■Space of land bought：About 205,000㎡ ■First term floor space：About 34,000㎡ ■Amount of investm

  16. Slide 16: Development of New Business Areas

    Development of new business areas Consumer goods-related fields Medical Seismic Equipment Aircraft Renewable Energy Isolation Supporting labor-saving in the service industry Distribution Shop Kitchen Helping the service industry promote labor-saving whose demands have been increasing due to a labor

  17. Slide 17: Automotive and Transportation Business Initiative

    Automotive and Transportation Business Initiative The launch of new products Expansion of L&S Business for Automobiles Sales activities that fully utilize Backed by the trend of “CASE” mutual sales and production accelerating the development of between THK RHYTHM and TRA linear motion products for a

  18. Slide 18: Financial Forecast for Fiscal 2018

    Ⅲ. Financial Forecast for Fiscal 2018 Copyright THK CO., LTD. 2018. All rights reserved.

  19. Slide 19: Orders Received by Region (Industrial Machinery Business)

    Orders Received by Region(Industrial Machinery Business) THK(Domestic) % Change, Billions of Yen 50 65.9 72.5 95.7 36.9 47.9 40 8.9 15.7 (9.7) (11.1) (8.3) 30 48.2 20 36.0 39.1 42.2 28.5 32.5 10 20.8 21.7 22.7 24.6 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 2016 2017 2018 THK Europe THK Holdings

  20. Slide 20: Financial Forecast (Consolidated)

    Financial Forecast (Consolidated) （Millions of yen） 2018/12 2017/12 Forecast 1H Results (Percentage changes from (Percentage changes from Irregular the previous fiscal year Reference the previous fiscal year are just for reference) are just for reference) (Based on Jan.-Dec.) accounting period Net S

  21. Slide 21: Financial Forecast (Unconsolidated)

    Financial Forecast (Unconsolidated) （Millions of yen） 2018/12 2017/12 Forecast 1H Results (Percentage changes from (Percentage changes from the previous fiscal year Irregular the previous fiscal year are just for reference) are just for reference) accounting period Net Sales 182,000 89,846 123,403 *

  22. Slide 22: Trends in COGS and SG&A

    Trends in COGS and SG&A COGS COGS ratio falling steadily 75.0% 73.5% 75.6% 73.1% ※The financial results for the fiscal year ending in COGS ratio 70.9% December 2017 is based on an irregular accounting period: 9 months for Japanese companies and 12 months for overseas companies 152,930 127,285 102,129

  23. Slide 23: Trends in Orders, Sales and Backlog (Domestic)

    Support Statement –Trends in Orders, Sales and Backlog (Domestic – Unconsolidated) - （Million of Yen） 80,000 Orders Sales 70,000 Backlog 60,000 50,000 40,000 30,000 20,000 10,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9

  24. Slide 24: Trends in Orders Classified by Industry

    Support Statement –Trends in Orders Classified by Industry (Unconsolidated)– （Million of Yen） 12,000 Machine Tool General Machinery 10,000 Electronics 8,000 6,000 4,000 2,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-

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