Slide 1: FY2020 Financial Results
DENSO Crafting the Core FY2020 Financial Results (2019/4-2020/3) Apr 30, 2020 DENSO CORPORATION
Slide 2: Overview of FY2020 Financial Results
Overview of FY2020 Financial Results Revenue decreased due to a decline in vehicle production and the impact of the COVID-19 outbreak. Operating profit decreased due to factors such as the Quality cost provision and the impact of the COVID-19 outbreak. 2. The full-year forecast for the next fiscal y
Slide 3: Overview of the Consolidated Financial Results
[Overview of the Consolidated Financial Results] 1. Consolidated revenue totaled 5,153.5 billion yen, decreased by 209.3 billion yen (-3.9%) from the previous year. 2. Consolidated operating profit totaled 61.1 billion yen, decreased by 255.1 billion yen (-80.7%) from the previous year. 3. Consolida
Slide 4: Sales by Customer (Quantity Base)
[Sales by Customer (Quantity Base)] Sales to Toyota Group Sales to Toyota Group increased by 0.4% from the previous year. Secured higher sales on a physical basis, mainly due to increased sales in Japan. Sales to non-Toyota Group companies Sales to non-Toyota Group companies decreased by 5.0% from l
Slide 5: Sales by Product (Quantity Base)
[Sales by Product (Quantity Base)] Sales of Thermal Systems and Powertrain Systems Products Revenue decreased due to the market slowdown. Sales of Mobility Electronics Products Sales increased due to the increase in vehicle equipped with safety-related products in Japan. and sales expansion of displ
Slide 6: Factors that Contributed to Increases or Decreases in Operating Profit
[Factors that Contributed to Increases or Decreases inOperating Profit] Positive factors Expense : 9.0 billion yen / Variable cost reduction : 54.0 billion yen . Negative factors Production volume decrease : -43.0 billion yen due to the impact of the COVID-19. Quality cost provision : -222.0 billion
Slide 7: Revenue and Operating Profit by Each Region
[Revenue and Operating Profit by Each Region*] *Excluding the effect of foreign exchange In Japan Although sales were flat year on year, all quality costs were incurred in Japan, resulting in a significant decrease in profits. Overseas In all regions, despite increasing efforts to streamline decreas
Slide 8: Variance from previous estimation at 3rd quarter
[Variance from previous estimation at 3rd quarter] Expense , Labor cost , Depreciation Controlled due to market slowdown. Production volume Reflects of the impact of the COVID-19. Others Provision for quality cost in 4Q 180.0 billion yen .
Slide 9: Capital Expenditures, Depreciation and R&D Expenditures
[Capital Expenditures, Depreciation and R&D Expenditures] Capital Expenditure Actual capital investment is 436.5 billion yen. In addition to investment for business growth such as next- generation model and sales expansion, Accelerate electrification investment globally. R&D expenditure Actual R & D
Slide 10: Return to Shareholders
[Return to Shareholders] Annual dividend per share for FY2019 is 140 yen and for FY2020 expect to be 140 yen. We will continue to enhance corporate value and further profit return to our shareholders.
Slide 11: DENSO
DENSO Crafting the Core
Slide 12: Appendix
Appendix + Pre-Conditions (Foreign Exchange Rate/Car Production) + Consolidated Revenue by Customer * Consolidated Revenue by Product + Geographical Segments by Company Location - Capital Expenditures, Depreciation and R&D Expenditures DENSO Crafting the Core
Slide 13: Pre-Conditions (Foreign Exchange Rate/Car Production)
Pre-Conditions (Foreign Exchange Rate/Car Production) FY2020 Full Year FY2021 Full Year FY2020 Frst-HalF FY2020 Second-HalF Prior Year| Actual | Change |Pricr Year| Actua! | Change |Pricr Year| Actus! | Change Foreign Exchange usD 110 109 2 112 109 3 111 109 -2 ee Oren EUR 130 121 8 127 120 7 128 12
Slide 14: Consolidated Revenue (By Customer)
Consolidated Revenue (By Customer) (Unit: Billions of Yen) 2018/4-2019/3 2019/4-2020/3 Amount _|'% to Total |" Amount "% to Total Toyota 2,289.2 42.7 2,259.5 43.9 Daihatsu. 128.1 2.4 135.7. 2.6, Hino 67.4 1.3 61.7 1.2 Toyota Group 2,484.7 46.3 | 2,456.9 47.7 Honda 416.8 7.8 392.3 7.6 FCA 214.9 4.0 1
Slide 15: Consolidated Revenue (By Product)
Consolidated Revenue (By Product) (Unit: Billions of Yen,%) 2 1,110.9 18/4-19/3 19/4-20/3 Amount _ %toTotal | Amount _% to Total 1,403.9 26.2 4: 327.9 Automotive Total Ly are) 96.5) 4,973.9 Non-Automotive Business(FA and 185.6 3.5 179.6 3.5 6.0 -3.2 -3.6 agriculture, etc.) Total Total 5,362.8 100.0
Slide 16: Geographical Segments by Company Location
Geographical Segments by Company Location Revenue Operating (Unit: Billions of Yen) Profit [ | Ratio to Revenue 3,500 93,266.0 0.1% m18/4-19/3 -19.6% © 18/419/3 . 126.0 128.4 = 19/4-20/3 3,000 anie2/5 M40 [3.9%] [9.1%] 120 esa, 2,500 100 i 2,000 80 7 -3.0% -9.7% 20.6% -37.1% 1,416.4 60 29.6 1,500 1,
Slide 17: Capital Expenditures, Depreciation and R&D Expenditures
Capital Expenditures, Depreciation and R&D Expenditures (Unit: Billions of Yen) Change Change 18/4-19/3 19/4-20/3 Pacant 2021/3F Parcent Japan 258.2) 277.5] 7.5% North America 60.3} 46.1 -23.5% Europe 25.5 26.1 2.4% Asia 69.5) 84.3) 21.3% Others 3.4) 2.5] -26.5% Capital Expenditures 416.8] 436.5 4.7