Slide 1: Business Results of FY2014
Business Results of FY2014 Creative Links to World Electronic May 8th, 2015 Hirose El Hi Electric ti Co.,Ltd 1
Slide 2: Cautionary Statement
Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward- looking statements. Thank
Slide 3: Business Situation of FY2014
Business Situation of FY2014 [1Q FY2014 (Apr – Jun)] •Korean Smartphone/Mobile phone market sluggish, and Chinese Smartphone/Mobile phone market in adjustment phase after bullish April order. Automotive and Industrial market continued the steady order. [2Q FY2014 (Jul – Sep)] • For Smartphone, Korea
Slide 4: FY2013 1Q – FY2014 4Q Orders and Sales (Total)
FY2013 1Q – FY2014 4Q Orders and Sales (Consolidated Basis, Index Number) Total 120 Mar especially had trended well in Smartphone, Automotive and Industrial market 110 103 104 102 101 101 102 101 101 100 Average of FY2013 = 100 101 99 98 98 99 101 95 96 90 Order Sales 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q F
Slide 5: Sales by Markets: Smartphone / Mobile
FY2013 1Q – FY2014 4Q Sales by Markets (Consolidated Basis, Index Number) Smartphone / Mobile 120 110 107 103 100 Average of FY2013 = 100 97 93 Sluggish Feb: index 72 Strong Mar: index 88 90 88 87 82 80 80 Q 1Q 2Q Q 3Q 4Q Q 1Q Q 2Q Q 3Q 4QQ 4Q Q FY2013 FY2014 Sales 5
Slide 6: Sales by Markets: Automotive
FY2013 1Q – FY2014 4Q Sales by Markets (Consolidated Basis, Index Number) Automotive 119 120 Positive trend in overseas market 110 108 107 104 106 102 100 Average of FY2013 = 100 91 97 90 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q FY2013 FY2014 Sales 6
Slide 7: Sales by Markets: Associated Electric Equipment, FA Controlling Device, and Others
FY2013 1Q – FY2014 4Q Sales by Markets (Consolidated Basis, Index Number) Associated Electric Equipment, FA Controlling Device, and Others 120 115 112 110 108 107 104 100 99 100 Average of FY2013 = 100 96 Positive trend 90 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q FY2013 FY2014 Sales 7
Slide 8: Business Results for FY2014
Business Results for FY2014 note) figures in green italics: data announced on Jan 2015 (hundred m illions of Yen) (Ａ)FY2013 (B)FY2014 (B)-(A) (B)/(A) Major j changes g over pprior same pperiod (FY ended Mar31, 2014) (FY ended Mar31, 2015) (unit: hundred millions of Yen) 1,240.0 [Sales] 7.4 increase
Slide 9: Sales and Profits by Half-Year
Sales and Profits by Half-Year (hundred millions of Yen) 900 40% 800 29 6% 29.6% 28.4% 27.2% 30% Sales 26.0% 700 25.0% 24.5% 22.3% 633 633 617 624 18 9% 18.9% 600 20% 492 492 Recurring 500 456 468 10% Profit 400 300 0% Recurring Profit Ratio 183 178 172 200 165 123 114 110 -10% 86 100 0 -20% 1H 2H 1
Slide 10: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31 31, 2014 (B) Mar 31 31, 2015 (B) - (A) Remark Increase in Hirose and Cash and 1,262.4 1,477.6 215.2 domestic/overseas subsidiaries Cash in Bank (Currency effect 29 29.7) 7) Trade 294.7 305.6 10.9 Receivables Securitie
Slide 11: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31, 2014 (B) Mar 31, 2015 (B) - (A) R Remark k Notes Payable and 113.8 115.1 1.3 Increase due to production Account Payable increase Income Taxes Payable 78.4 53.2 -25.2 Others 123.7 145.4 21.7 Increase in deferred tax l
Slide 12: Sales Changes by Application
Sales Changes by Application (round number) [Consolidated Basis] 15%down 11%up p 9%up 15%up Smartphone General Automotive Tablet/ Digital Computer Office /Mobile Phone Industrial Notebook Consumer Related Machinery PC Electronics Equipment Communication *1 *2 ※１ ※２ As this is in round number, please
Slide 13: Sales by Application (Consolidated Basis)
Sales by Application (round number) (Consolidated Basis) (Others 20%) Smartphone/ Smartphone/ Mobile General Mobile (Others 22%) Phone 32% Industrial General Phone 37% (FA Controlling 25% (FA Controlling Industrial 29% FY2014 Equipment 2%) Equipment 3%) FY2013 (Associated Electric Equipment 3%) (Ass
Slide 14: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio ((%)) 72 72 70 66 60 61 60 Overseas 50 47 48 Sales Ratio 45 41 40 32 Overseas 30 Production 20 Ratio 10 0 FY2010 FY2011 FY2012 FY2013 FY2014 FY2014 14
Slide 15: Capital Investment and Depreciation Change
Capital Investment and Depreciation Change (Consolidated Basis) (h d d millions (hundred illi off Y Yen)) (%) 125 118 120 120 114 Capital 111 110 110 40.0 Investment 100 88 Depreciation 81 81 30.0 80 Capital 60 20.0 Investment Ratio 40 11 6 11.6 9.3 9.1 9.4 9.5 Depreciation 10.0 Ratio 20 92 9.2 8.5
Slide 16: Number of Employees
Number of Employees (Financial Report Basis) (E l (Employees) ) 5020 5000 3945 4044 3865 3966 Overseas 4000 3000 4010 2794 2923 2972 3035 Domestic 2000 1000 1071 1022 1010 994 1009 0 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 16
Slide 17: Distribution of Shareholders
Distribution of Shareholders 100% 11.76 13.53 13.66 14.77 15.26 90% 7.13 6.80 5.98 4.61 Treasury 4.36 80% Stocks 70% Individual 60% 41.74 38.20 40.38 40.55 41.15 and Others Foreign 50% Corporation 40% Other 12.83 13 20 13.20 12 82 12.82 13 56 13.56 12 96 12.96 Corporation 30% 1.19 1.21 0.32 0.66 Sec
Slide 18: Business Forecast for the Year Ending March 31, 2016
Business Forecast for the Year Ending March 31, 2016 (Consolidated) (hundred millions of Yen) FY2014 (FY ended Mar31 Mar31, 2015) FY2015 (FY ending Mar31 Mar31, 2016) First Half F the For th Year Y Actual Forecast Over the Previous Actual Amount Over the Previous Actual Amount Amount Amount First Ha
Slide 19: Sales and Profit, Actual Change and Forecast
Sales and Profit, Actual Change and Forecast (hundred millions of Yen) Highest 1 400 1,400 Sales 80% 1,310 Sales 1,250 1,257 1,180 70% 1,200 1,155 1,044 60% Recurring 1,000 948 959 895 899 924 Profit 834 845 50% 790 800 Recurring 678 6 8 37% % 40% 611 34% Profit Ratio 35% 33% 600 32% 29% 32% 28% 28%
Slide 20: Change in ROE
Change in ROE ROE= Net Profit / Shareholders’ Equity q y ((Average g of last fiscal yyear end and this fiscal year end) 14.0 ROE stayed around 5% from FY2008 – FY2012 12.0 11.1 10.6 due to sluggish net profit, but with the net profit 9.5 increase, ROE improved to 8% from FY2013 10.0 8.6 8.2 8.4 8.0
Slide 21: Change in Personnel
Change in Personnel (Scheduled on Jun 26th, 2015) 1. Directors Title Name Supreme Advisor and Director Tatsuro Nakamura p President and Representative Director Kazunori Ishii Managing Director, General Manager, Engineering Div. Mitsuo Nakamura Managing Director, General Manager, Sales&Marketing Div.