Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — Q3 FY2011 Earnings Presentation
17 slides from Oki Electric Industry's earnings presentation, Feb 3, 2012
Slide 1: Financial Results for the 3rd Quarter of the FY ending March 31, 2012
Financial Results for the 3rd Quarter of the FY ending March 31, 2012 February 3, 2012 Oki Electric Industry Co., Ltd. •Indication method of amounts in hundred millions (yen) are as follow: Amounts in each item are rounded to the nearest hundred million yen. Variances are calculated in the hundred m
Slide 2: Table of Contents
Table of Contents I. Introduction II. Financial results for the Q3, FY ending Mar. 2012 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows III. Full Year Projections for the FY ending Mar. 2012 1. Summar
Slide 3: Introduction
Introduction Extraordinary loss caused by the flood damage in Thailand Accrued loss on natural disasters caused by the large-scale flood in Thailand which occurred in October 2011. ¾ Posted 2.7 B yen of extraordinary loss in the first nine months of the FY ending March 31, 2012 ¾ Overall extraordina
Slide 4: Table of Contents
Table of Contents I. Introduction II. Financial results for the Q3, FY ending Mar. 2012 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows III. Full Year Projections for the FY ending Mar. 2012 1. Summar
Slide 5: Overall condition of the Group
Overall condition of the Group First nine month results were steady mainly due to Info-telecom segment, despite the impact of flood damage in Thailand in Printer segment. Operating income improved drastically. [YoY comparison] z Net sales increased by 8.6 B yen. (Impact of currency exchange:-4.3 B y
Slide 6: Segment Information: Info-telecom Systems
Segment Information: Info-telecom Systems 1. Impact of the unification of accounting period for consolidated subsidiaries in China Net sales ¾Net sales increased by 9.6 B yen. Operating income increased by 1.1 B yen. (Billion yen) 2. Impact of currency exchange 174.0 163.6 ¾Net sales decreased by 1.
Slide 7: Segment Information: Printers
Segment Information: Printers 1. Impact of the unification of accounting period for consolidated Net sales subsidiaries in China (Billion yen) ¾Net sales increased by 1.2 B yen. Operating income increased by 0.1 B yen. 83.2 87.5 12.7 2. Impact of currency exchange 11.1 Others 10.6 ¾Net sales decreas
Slide 8: Segment Information: EMS, Others
Segment Information: EMS, Others Net sales: Net sales ¾ EMS: (Billion yen) - Business expanded favorably by utilizing its unique 36.2 33.7 business model, such as high-end type EMS. - Sales increased due to acquiring new orders for “plant 13.3 11.5 Others full-outsourcing ” in measurement equipment
Slide 9: Changing Factors of Operating Income
Changing Factors of Operating Income Operating income improved by 11.9 B yen year-on-year due to the improvement in variable costs, impact of efforts in reducing fixed costs and appreciation of the yen against the dollar, in addition to improvement in marginal profit caused by increase in volume mai
Slide 10: Profit and Loss for the Nine Months
Profit and Loss for the Nine Months [Y on Y comparison] SG&A decreased due to the impact of reducing fixed costs. 9 months 9 months (Billion yen) FY Mar. FY Mar. Other income and expenses improved as 2012 2011 interest expense and foreign exchange loss reduced. Net Sales 293.4 284.8 Extraordinary in
Slide 11: Balance Sheet [Assets]
Balance Sheet [Assets] Total assets decreased by 32.6 B yen due to the reduction in notes and accounts receivables. Due to the tendency of larger sales in Q4 of the previous fiscal year, notes and accounts receivables at March end increased. These receivables are collected in cash etc., during this
Slide 12: Balance Sheet [Liabilities and shareholders' equity]
Balance Sheet [Liabilities and shareholders’ equity] Shareholders’ equity decreased by 7.2 B yen due to recording net loss etc. Interest bearing debt decreased by 17.8 B yen. Net interest bearing debt also decreased by 16.0 B yen to 56.4 B yen. (billion yen) Variance with Mar. 31, 2011 372.2 380.3 3
Slide 13: Cash Flows
Cash Flows Cash flow from operating activities amounted to 18.8 B yen due to improvement in net income, etc. FY March FY March Notes (Billion yen) end. 2012 end. 2011 Ⅰ Cash flows from operating activities 18.8 6.1 Net income before income taxes (0.5) (15.1) Depreciation & amortization 9.5 10.5 Chan
Slide 14: Table of Contents
Table of Contents I. Introduction II. Financial results for the Q3, FY ending Mar. 2012 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows III. Full Year Projections for the FY ending Mar. 2012 1. Summar
Slide 15: Full Year Projections for the Fiscal Year end. Mar. 2012
Full Year Projections for the Fiscal Year end. Mar. 2012 OKI revises full-year projections due to the steady transition of Currency (Ref.) exchange rate in Info-telecom segment’s business, etc. and the impact of the flood 4Q damage in Thailand on the Printer segment. Operating income has USD 77.0 be
Slide 16: Qualitative Information (comparison with the previous announcement)
Qualitative Information (comparison with the previous announcement) ◆Info-telecom segment 【Net sales】 ¾Sales for ATM for China expands steadily with the additional replacement demands. [FY11 shipments projection: approx. 19K units (from January 2011 to March 2012) 【Operating income】 ¾Operating incom
Slide 17: © Copyright 2012 Oki Electric Industry Co., Ltd.
© Copyright 2012 Oki Electric Industry Co., Ltd. 17
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