Nisshinbo Holdings Inc. · TSE:3105
Nisshinbo — FY2018 Earnings Presentation
22 slides from Nisshinbo's earnings presentation, Feb 15, 2019
Slide 1: Financial Results for FY2018
Financial Results for FY2018 (Apr. 2018 – Dec. 2018) Nisshinbo Holdings Inc. Feb. 15, 2019
Slide 2: Highlights (y/y, Compared to FC)
Highlights （y/y, Compared to FC） （mil. yen） FY2017 FY2018 Change FY2018 FC Change (adjusted) results Rate on Oct. 31 Rate Net sales 413,335 416,221 +2,885 +0.7% 426,000 -9,779 ▲2.3% Operating income 7,795 -2,505 -10,301 - -2,000 -505 - Ordinary income 12,624 1,566 -11,057 ▲87.6% 2,000 -434 ▲21.7% At
Slide 3: FY2018 Net sales breakdown (y/y)
FY2018 Net sales breakdown (y/y) (Year on year) Net sales increased ■Sales increased: (El. / Microdevices) Due to consolidation of Ricoh Electronic Devices. (+18,073 mil. yen) ■Sales declined: (Brakes) Due to transfer of foundation brake business. (-12,443 mil. yen) 3
Slide 4: Net sales breakdown (y/y)
Net sales breakdown (y/y) NSSHINBO 435,000 FY2018 Net sales (y/y) 430,000 425,000 420,000 415,000 ~sa9s2 2583] 416,221 + 413,335 410,000 + 4 405,000 + 4 400,000 ry m m m 2 2 Q 2 i az et & L 3 a3 a S (mil. yen) cN ose z a= a ne ro) fo} ae 3: 2: mn a oo Ss r= os 30 $2 oa = oo zg o = 2 2 2 og z az &. a
Slide 5: FY2018 Operating income breakdown (y/y)
FY2018 Operating income breakdown (y/y) (Year on year) Declined ■Operating income declined: (Brakes) Due to transfer of foundation brake business. (-739 mil. yen) Due to decreased sales of aftermarket products at TMD. (-5,805 mil. yen) 5
Slide 6: Operating income breakdown (y/y)
Operating income breakdown (y/y) 6
Slide 7: Ordinary income to net income (y/y)
Ordinary income to net income (y/y) （mil. yen） FY2017 FY2018 Change (adjusted) results Rate Operating income 7,795 -2,505 -10,301 - Non-operating income 8,654 7,855 -799 ▲9.2% Non-operating expenses 3,826 3,783 -43 ▲1.1% Ordinary income 12,624 1,566 -11,057 ▲87.6% Extraordinary income 18,950 2,016 -
Slide 8: FY2019 Forecast
FY2019 Forecast （mil. yen） FY2019 FY2018 Change FC (adjusted) Rate Net sales 540,000 514,933 +25,066 +4.9% Operating income 8,000 4,784 +3,215 +67.2% Ordinary income 12,000 8,642 +3,357 +38.8% Attributable to Owners of Parent 7,400 -1,366 +8,766 - Net income Year 2019 2018 Month 1-3 4-6 7-9 10-12 1-
Slide 9: FY2019 Forecast (Sales)
FY2019 Forecast (Sales) （mil. yen） FY2019 FY2018 Change FC (adjusted) Rate Wireless comms 153,000 144,762 +8,237 +5.7% Microdevices 77,000 66,736 +10,263 +15.4% Brakes 146,000 140,171 +5,828 +4.2% Precision instruments 68,000 65,921 +2,078 +3.2% Chemicals 11,000 11,563 -563 ▲4.9% Textiles 55,000 53,
Slide 10: FY2019 Forecast (Operating income)
FY2019 Forecast (Operating income) （mil. yen） FY2019 FY2018 Change FC (adjusted) Rate Wireless comms 2,200 -493 +2,693 - Microdevices 2,200 2,234 -35 ▲1.6% Brakes 1,800 -916 +2,716 - Precision instruments 1,700 1,628 +71 4.4% Chemicals 2,200 2,381 -181 ▲7.6% Textiles 1,600 1,306 +293 22.4% Real esta
Slide 11: Efforts in FY2018
Efforts in FY2018 ・Converted Ricoh Electronic Devices into a consolidated subsidiary. ・Transfer drum brake (foundation brake) business. ・Established JRC Mobility. Automation Autonomous ・Converted NJR into wholly owned subsidiary ・Merged Pro Nav（Norway） into wholly owned subsidiary （Reconstruct sales
Slide 12: Mid to long-term business strategies
Mid to long-term business strategies Corporate philosophy: Change and challenge! For the creation of the future of Earth and People • As an Environment and Energy company group, we help solve the issues facing society and contribute to a sustainable society through our operations. • We will promote
Slide 13: Strategic business domains
Strategic business domains Mobility • In addition to automobiles, develop business in ships, aircraft, drones, and other fields. • Go beyond the production of parts and materials, utilizing the data our equipment gathers in business initiatives to support safe ship operation and energy savings. Infr
Slide 14: Key Measures of Brake business
Key Measures of Brake business Brake business • Ensure favorable orders for copper-free friction materials, which have low environmental impact. • Aim to establish a solid position in the global market by promoting development and sales expansion. TMD • Focus on profitability rather than sales growt
Slide 15: Key Measures of wireless and comms business
Key Measures of wireless and comms business Marine systems • Improve profitability Improve variable cost ratio and reduce fixed costs • Reinforce foundation fields: New ship building, Replacement, Information service • Break away from merchant ship dependence and expand business in small and mid-siz
Slide 16: Key Measures of Micro device business
Key Measures of Micro device business Electronic devices Microwave components ・Expand the business in automotive ・Expand the business for and industrial equipment fields satellite communications Focus resources on developing market Improve global competitiveness ・Seek synergies between NJR and Satel
Slide 17: Appendix Segment information①
Appendix Segment information① FY2019 FC FY2018 results FY2019 FC FY2018 adjusted Change FY2018 results FY2017 adjusted Change FY2017 results Electronics Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Marine systems 37,100 -900 33,210 -
Slide 18: Appendix Segment information②
Appendix Segment information② FY2019 FC FY2018 results FY2019 FC FY2018 adjusted Change FY2018 results FY2017 adjusted Change FY2017 results Brakes Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. JPN NISB 18,100 500 18,871 367 -771 133
Slide 19: Appendix Segment information③
Appendix Segment information③ FY2019 FC FY2018 results FY2019 FC FY2018 adjusted Change FY2018 results FY2017 adjusted Change FY2017 results Chemicals Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Environment and energy related produc
Slide 20: Appendix Segment information④
Appendix Segment information④ FY2019 FC FY2018 results FY2019 FC FY2018 adjusted Change FY2018 results FY2017 adjusted Change FY2017 results Textiles Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. NIST 20,400 400 20,129 257 271 143 14,
Slide 21: Appendix Segment information⑤
Appendix Segment information⑤ FY2019 FC FY2018 results Other business, FY2019 FC FY2018 adjusted Change FY2018 results FY2017 adjusted Change FY2017 results Corporate costs Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Net sales O. P. Other business
Slide 22: Abbreviations for Nisshinbo group companies
Abbreviations for Nisshinbo group companies NISH: Nisshinbo Holdings Inc. Consolidated subsidiaries of NISH. JRC: Japan Radio Co., Ltd. NJR: New Japan Radio Co., Ltd. REDC: Ricoh Electronic Devices Co., Ltd. NISB: Nisshinbo Brake Inc. NISM: Nisshinbo Mechatronics Inc. NISC: Nisshinbo Chemical Inc. N