Aisin Corporation · TSE:7259
Aisin — Aisin Seiki — Q1 FY2017 Earnings Presentation
15 slides from Aisin's earnings presentation, Jul 29, 2016
Slide 1: FY2017 1st quarter Consolidated Financial Report
FY2017 1st quarter Consolidated Financial Report (April 1, 2016 through June 30, 2016) July 29, 2016 AISIN SEIKI Co., Ltd. (http://www.aisin.com/) － 1 －
Slide 2: FY2017 1st quarter Overview of Financial Results
FY2017 1st quarter Overview of Financial Results ①The volume of AT sales to TOYOTA and Western OEMs increased. The revenue in local currency increased, however the revenue expressed in JPY decreased due to exchange rate impact. As a result, including newly consolidated SHIROKI group sales, revenue i
Slide 3: Consolidated Operating Results (FY2017 1Q – 3 months)
Consolidated Operating Results ( FY2017 1Q – 3 months) * The result of Previous First Quarter and this Quarter is disclosed based on IFRS. Billion ｙen Revenue Operating Profit Profit for the period attributable to Owners of the parent + 67.4 billion yen +25.9 +20.1 （ +8.8%） 59.0 41.7 33.1 21.6 FY201
Slide 4: Sales by Customer (FY2017 1Q – 3 months)
Sales by Customer ( FY2017 1Q – 3 months) Billion ｙen FY2016 1Q 【Revenue 771.2】 Other Manufacturers sales breakdown Life & others 300 299.1 23.7 Toyota Group 267.4 74.9 Ａ/Ｍ & Others Other 480.0 250 Manufacturers 82.4 Changan 8.0 62.2% 11.6 HONDA 267.4 200 15.6 NISSAN 7.1 16.0 MITSUBISHI 11.2 12.2 +3
Slide 5: Segment Information (FY2017 1Q – 3 months)
Segment Information ( FY2017 1Q – 3 months) Billion ｙen Operating Profit Billion 億円 ｙen Revenue 426.6 19.5 Japan Japan 470.7 35.6 4.9 Difference Breakdown North 145.4 Difference Breakdown North FX Other America FX Other America 142.4 Impact factors 6.0 Impact factors Japan -7.5 +23.6 Japan - +44.1 N
Slide 6: Fluctuations for Operating Profit (FY2017 1Q – 3 months)
Fluctuations for Operating Profit ( FY2017 1Q – 3 months) Billion ｙen 【FY2016 1Q / FY2017 1Q】 Increase +25.9 Increase Decrease +53.9 33.1→ 59.0 -28.0 22.5 Sales fluctuation Cost structure 8.9 improvement Change of 3.0 material price Forex rate 1US$ ： ￥122→￥108 1CNY ： ￥19.6→¥16.5 -11.4 Depreciation -
Slide 7: Consolidated Operating Forecast (FY2017 2Q – 6 months)
Consolidated Operating Forecast ( FY2017 2Q – 6 months) Billion ｙen Revenue Operating Profit Profit for the period attributable to Owners of the parent + 96.6 billion yen +10.2 （ +6.2%） +6.5 76.8 87.0 44.0 37.5 FY2016 2Q FY2017 2Q FY2016 2Q FY2017 2Q 1,563.4 1,660.0 Profit before income taxes EPS +5
Slide 8: Forecast of Sales by Customer (FY2017 2Q – 6 months)
Forecast of Sales by Customer ( FY2017 2Q – 6 months) Billion ｙen FY2016 2Q 【Revenue 1,563.4】 Other Manufacturers sales breakdown Life & others 600 51.0 578.0 Toyota Group 522.0 Ａ/Ｍ & Others Other 500 149.0 Manufacturers 990.3 161.5 522.0 14.1 ISUZU 63.3% 400 22.4 HONDA 31.4 SUZUKI 18.2 22.8 32.2 MI
Slide 9: Forecast of Segment Information (FY2017 2Q – 6 months)
Forecast of Segment Information ( FY2017 2Q – 6 months) Revenue Billion ｙen Operating Profit Billion 億円ｙen 879.7 47.6 Japan Japan 966.0 45.1 281.4 Difference Breakdown North 8.0 Difference Breakdown North FX Other America FX Other America 261.0 Impact factors 11.7 Impact factors Japan Japan -20.1 +1
Slide 10: Forecast of Fluctuations for Operating Profit (FY2017 2Q – 6 months)
Forecast of Fluctuations for Operating Profit ( FY2017 2Q – 6 months) Billion ｙen 【FY2016 2Q / FY2017 2Q】 Increase +10.2 Increase Decrease +71.7 76.8→ 87.0 -61.5 28.5 Sales fluctuation Cost structure 17.5 improvement Change of 6.2 material price Forex rate 1US$ ： ￥122→￥104 -28.9 1CNY ： ￥19.5→¥15.7 D
Slide 11: Financial Results of the Main Consolidated Companies I
Financial Results of the Main Consolidated Companies I AISIN SEIKI Group 180 ←Annual results Billion ｙen 2,000 Revenue 1,500.9 1,503.0 1,353.6 1,402.5 150 1Q Sales Operating Profit 1,500 Ordinary income 120 < 382.8 > /Profit before income taxes 90 99.1 97.6 761.0 1,000 84.5 60 72.5 70.8 59.2 61.5 30
Slide 12: Financial Results of the Main Consolidated Companies II
Financial Results of the Main Consolidated Companies Ⅱ ←Annual AISIN Takaoka results Billion ｙen 275.9 275.9 Group 20 247.4 263.8 1Q Sales 300 Revenue < 67.1 > Operating Profit Ordinary income 200 /Profit before income taxes 10 12.3 11.2 12.5 131.8 9.3 9.1 8.1 8.8 8.6 100 3.7 3.9 2.1 2.2 1Q Result 0
Slide 13: Financial Results of the Main Consolidated Companies III
Financial Results of the Main Consolidated Companies Ⅲ ←Annual ADVICS Group 20 511.5 527.3 551.2 551.6 <2,772> <3,076> results 億円 Billion ｙen 600 Revenue 1Q Sales Operating Profit 15 < 130.6 > 450 15.3 14.0 Ordinary income /Profit before income taxes 10 11.6 262.5 300 9.6 8.8 9.2 7.9 7.8 150 5 1Q Re
Slide 14: Production
Production 10,000 of units ＡＴ Production ＭＴ Production 687 737 545 214 750 658 161 160 150 144 500 331 347 385 84 82 nd2 H 100 nd 73 2 H 250 400 1st H 327 340 352 50 1st H 77 71 78 80 0 (Forecast) 0 (Forecast) FY2014 FY2015 FY2016 FY2017 FY2014 FY2015 FY2016 FY2017 Navigation System Production Navig
Slide 15: Quarterly Performance
Quarterly Performance TOYOTA Motors Production(10,000 of units） Billion ｙen Revenue 223 231 224 221 219 232 221 215 219 232 221 215 226 229 1,000 843.4 839.9 843.5 838.9 838.6 821.3 773.2 771.7 788.0 771.2 792.2 800 727.8 756.4 707.0 600 400 200 JGAAP IFRS 120 Billion ｙen Operating ％：Operating profi