Nisshinbo Holdings Inc. · TSE:3105
Nisshinbo — FY2009 Earnings Presentation
27 slides from Nisshinbo's earnings presentation, May 19, 2010
Slide 1: Financial results for FY ended March 31, 2010
Financial results for FY ended March 31, 2010 May 19, 2010
Slide 2: I. Topics FY ended March 31, 2010
I. Topics FY ended March 31, 2010 1. Corporate split 2. Focus on environmental and energy field 3. Increasing business efficiency and group management 4. Expansion of environmental and energy business Mar. 2010 No.1
Slide 3: 1. Corporate split
1. Corporate split The Nisshinbo Group made a new start with a corporate split in April 2009. Mar. 2010 No.2
Slide 4: 2. Focus on environmental and energy field
2. Focus on environmental and energy field Photovoltaic module manufacturing equipments – Solar module laminators Nisshinbo Mechatronics Inc. Bipolar plates for fuel cells Functional chemical “Calbodilite” Nisshinbo Chemical Inc. Double layer capacitors Nisshinbo Holdings Inc. Carbon alloy catalyst
Slide 5: 3. Increasing business efficiency and group management
3. Increasing business efficiency and group management Nisshinbo Brake Inc. • Consolidated the two subsidiaries in US into one in Dec. 2009. • Bought out the domestic sales subsidiary for consolidation of production and sales. • Strengthen relationship in Indian market. Increased the controlling sha
Slide 6: 4. Expansion of environmental and energy business
4. Expansion of environmental and energy business Nisshinbo Mechatronics Inc. • Expanded and strengthened sales and after serves bases of photovoltaic modules manufacturing equipments. • A special plant for photovoltaic module manufacturing equipments, completed in Okazaki, Aichi pref. in Apr. 2009.
Slide 7: II. Business results (Consolidated)
II. Business results (Consolidated) (hundred millions JPY） yr/yr Rate of change Ended on Mar. 31, 2009 2010 change (%) Yr/Yr: Sales decreased and OP increased. Sales 2,861 2,424 -437 -15.3 OP increasing factors: ◎Papers (household)…Material and fuel Operating profit 4 35 31 775.3 costs down, and OP
Slide 8: 3. Financial status (Consolidated)
3. Financial status (Consolidated) (hundred millions JPY） yr/yr Ended on Mar. 31 2009 2010 change Main reasons of changes Total assets 3,668.58 3,581.09 -87.48 Cash and cash equivalents decrease -122.23 Finished products decrease -42.36 Property, plant and equipment decrease -34.52 Available-for-sal
Slide 9: 4. Cash flows and Cash dividends (Consolidated)
4. Cash flows and Cash dividends (Consolidated) Cash flows (hundred millions JPY） Cash and cash equivalents Cash flows from Operating activities Investing activities Financing activities at end of year FY ended on 119 -143 119 292 Mar. 31, 2009 FY ended on 275 -99 -303 177 Mar. 31, 2010 Cash dividen
Slide 10: 5. Challenge 2012 Three-year management plan
5. Challenge 2012 Three-year management plan Basic management policies • Continual expansion of environmental and energy businesses • Global expansion oriented to Asian market • Responses to discontinuous change FY2012 – Last year of plan Sales Operating profit Net profit FY2012 （ended Mar. 31, 2013
Slide 11: Sales target by segmentation
(1) Sales target by segmentation 3,000 2,850 Total sales 2,680 145 2,424 2,560 145 90 2,500 145 90 157 125 640 （hundred mil. JPY） 66 570 2,000 545 516 175 160 140 145 335 310 1,500 249 280 355 360 315 335 1,000 435 460 410 405 500 567 580 615 645 0 ’10/3 ’11/3 ’12/3 ’13/3 （yy/m） Textiles Brakes Pape
Slide 12: OP target by segmentation
(2) OP target by segmentation 250 180 200 135 150 OP Total 76 150 （hundred mil. JPY） 35 75 104 17 6 100 12 19 61 14 1 18 6 16 8 50 17 13 54 48 38 42 -2 9 14 0 -21 -5 -25 -24 -34 -2 -26 -3 -50 -24 -100 '10/3 '11/3 '12/3 '13/3 （yy/m） Textiles Brakes Papers Precision Chemicals Electronics Real est. Oth
Slide 13: Overseas sales ratio, employees, equipment investments and depreciation
cf.) Overseas sales ratio, Number of employee, Equipment investments and Cost depreciation FY ended Overseas Total Mar. 31, 2010 Asia Other regions Overseas sales (hundred mil. JPY) 478 153 631 Consolidated sales (hundred mil. JPY) - - 2,424 Overseas sales ratio 19.7% 6.3% 26.0% Number of Number of
Slide 14: 6. Consolidated financial performance forecast for FY ended Mar. 31, 2011
6. Consolidated financial performance forecast for FY ended Mar. 31, 2011 （hundred mil. JPY) Ended Mar. 31 2009 2010 2011(forec ast) Ordin ary Notes Segmentation Sales OP Sales OP S ales OP profit Net p rofit Textiles 675 -27 567 -21 580 -2 Increase profit factors △ Precision. Brakes 492 34 410 38 4
Slide 15: Textiles
Textiles （mil. JPY） Sales Domestic Overseas Eliminations (millions JPY) Ended Mar. 31 2009 2010 2011 (forecast) 100,000 Sales OP S ale s OP Sales OP 80,000 Nisshinbo Textiles 32,672 -1,743 25,619 -2,011 26,950 -1,010 14,811 12,116 11,832 CHOYA 10,380 -2,039 8,370 -908 6,870 -100 60,000 Other domesti
Slide 16: Automobile brakes
Automobile brakes （mil. JPY) Sales Domestic Overseas Eliminations (millions JPY) 100,000 Ended Mar. 31 2009 2010 2011 (forecast) 80,000 Sales OP S ale s OP Sales OP 25,634 Nisshinbo Brake 27,450 1,032 23,965 2,738 27,070 2,950 60,000 18,559 Nisshinbo 40,000 25,599 -56 23,200 221 0 0 19,104 Brake Sal
Slide 17: Papers
Papers （mil. JPY） Sales Household Fine Elimination (millions JPY) 50,000 Ended Mar. 31 2009 2010 2011 (forecast) 40,000 Sales OP S ale s OP Sales OP Nissihinbo Paper 18,893 16,920 16,196 -101 15,191 913 16,890 400 30,000 16,714 Products 20,000 Subsidiaries 6,166 69 5,309 164 5,662 83 22,362 22,552 H
Slide 18: Precision instruments
Precision instruments Sales Mech. (except PV) Mech. (PV) Mech. Subsidiaries (millions JPY) Ended Mar. 31 2009 2010 2011 (forecast) (mil. JPY ) Mech. Eliminations Plastic Sales OP S ale s OP Sales OP Nisshinbo Mechatronics 16,212 1,376 10,434 -601 14,400 610 mechatronics 35,000 8,152 1,376 3,963 -696
Slide 19: Chemicals
Chemicals Sales (mil. JPY) Urethan etc. Environmental Others Eliminations 20,000 (millions JPY) Ended Mar. 31 2009 2010 2011 (forecast) Sales OP S ale s OP Sales OP 15,000 Nisshinbo Chemical 9,613 8,243 -1,985 6,891 -513 7,630 -350 7,900 Nisshinbo HD 7,763 10,000 Others 9,613 83 7,763 134 7,900 55 2
Slide 20: Electronics
Electronics Sales (mil. JPY ） NJR UJR Eliminations (millions JPY) Ended Mar. 31 2009 2010 2011 (forecast) Sales OP S ale s OP Sales OP 55,000 14,926 New Japan 13,000 45,719 -4,364 40,288 -2,755 41,600 500 11,485 Radio Ueda Japan 14,926 442 11,485 82 13,000 146 35,000 Radio Sub-total 60,645 -3,922 51
Slide 21: Real estate business
Real estate business Sales （mil. JPY） Nisshinbo HD Others Eliminations 20,000 (millions JPY) Ended Mar. 3 2009 2010 2011 (forecast) 2,002 Sales OP S ale s OP Sales OP 15,000 Nisshinbo 5,124 2,807 9,135 5,667 15,140 9,970 HD 10,000 2,021 Others 2,022 532 2,021 470 2,002 480 15,140 2,022 Sub-total 7,1
Slide 22: Others
Others Sales (mil. JPY ) Nisshin-Toa and others Eliminations (millions JPY) 20,000 Ended Mar. 31 2009 2010 2011 (forecast) Sales OP S ale s OP Sales OP 15,000 Nisshin-Toa and 18,119 160 16,510 193 16,053 17 others 10,000 Eliminations -1,365 -4 -772 0 -1,553 -17 18,119 16,510 16,053 5,000 Total 16,75
Slide 23: 7. Return to shareholders
7. Return to shareholders Treasury stock acquisition： 5,534,000 shrs. (Feb.～ Mar.2010) Treasury stock cancelation： 5,300,000 shrs.(Apr.22) ・・・2.88% of issued number of shares before cancelation Mid or long term dividends policies： Basically 15JPY per year, and more in case of gaining. Dividend
Slide 24: Businesses of Nisshinbo Group
Businesses of Nisshinbo Group Dress shirts Automobile brakes Nisshinbo Textile Inc. Nisshinbo Brake Inc. Household papers and fine papers Nisshinbo Paper Products Inc. PV module laminators Nisshinbo Mechatronics Inc. Plastic molding (Cross flow fan) Bipolar plates for fuel cells (Left) Nippon Kohbun
Slide 25: Businesses of Nisshinbo Group
Businesses of Nisshinbo Group Shopping mall “Ario Nishi-Arai” Real estate business 4ch Video driver Satellite communication terminal for ships New Japan Radio Co., Ltd. Japan Radio Co., Ltd. CPU board Nagano Japan Radio Co., Ltd. Digital portable ultrasonic diagnostic equipment Electric Stability Co
Slide 26: Disclaimer
Disclaimer Any statements in this document, other than those of historical fact, are forward-looking statements about the future performance of Nisshinbo and its Group companies, which are based on management’s assumptions and beliefs in light of information currently available, and involve risks an
Slide 27: Thank you for your kind attention.
Thank you for your kind attention. Mar. 2010 No.26