Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q3 FY2015 Earnings Presentation
16 slides from Hirose Electric's earnings presentation, Feb 1, 2016
Slide 1: Business Results of Third Quarter, FY2015
Business Results of Third Quarter, FY2015 Creative Links to World Electronic Feb 1st, 2016 Hi Hirose El Electric t i Co.,Ltd C 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 3Q FY2015
Business Situation of 3Q FY2015 [[1Q FY2015 (Apr ( p – Jun)] )] •Smartphone was steady in Chinese market but sluggish in Korean market. Automotive enjoyed a stable trend in overseas market. [2Q FY2015 (Jul – Sep)] •Korean Smartphone market in recovery trend, but Chinese Smartphone slight decrease fr
Slide 4: FY2014 1Q – FY2015 3Q Orders and Sales
FY2014 1Q – FY2015 3Q Orders and Sales (Consolidated Basis, Index Number) Total 120 Steady St d ttrend d iin Automotive market 101 101 100 101 100 00 Average g of FY2014＝100 98 99 97 100 99 98 101 97 96 97 Order Sales 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 3Q FY2014 FY2015 4
Slide 5: Sales by Markets: Smartphone / Mobile
FY2014 1Q – FY2015 3Q Sales by Markets (Consolidated Basis, Index Number) Smartphone / Mobile 120 110 104 103 98 Average g of FY2014＝100 100 90 91 90 95 86 80 70 Steady trend in October, but slow December (79) 60 1Q 2Q 3Q 4Q 1Q 2Q 3Q 3Q FY2014 FY2015 S ales 5
Slide 6: Sales by Markets: Automotive
FY2014 1Q – FY2015 3Q Sales by Markets (Consolidated Basis, Index Number) Automotive 120 115 111 109 103 Good trend in overseas 98 99 100 Average of FY2014＝100 94 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 3Q FY2014 FY2015 S ales 6
Slide 7: Sales by Markets: Associated Electric Equipment, FA Controlling Device, and Others
FY2014 1Q – FY2015 3Q Sales by Markets (Consolidated Basis, Index Number) Associated Electric Equipment Equipment, FA Controlling Device, and Others 120 Slowdown especially in domestic market 110 104 104 101 101 100 96 98 Average of FY2014＝100 96 90 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 3Q FY2014 FY2015 S ales 7
Slide 8: Business Results for 3Q FY2015
Business Results for 3Q FY2015 (unit: hundred m illions of Yen) (A)FY2014 (B)FY2015 (B)-(A) (B) (A) (B)/(A) Major j changes g over pprior same pperiod 1Q-3Q 1Q-3Q (unit: hundred millions of Yen) [Sales] 18.9 decrease Sales 938.4 919.5 -18.9 -2.0% Hirose Subsidiaries (COGS Ratio) （55.0％） （53.8％） （-1.
Slide 9: Quarterly Sales and Profits
Quarterly Sales and Profits (hundred millions of Yen) 500 40.0% 400 29.3% 29.9% 28.2% 29.2% 28.5% 28.6% 27.7% 26.5% 30.0% 25.8% 26.1% 23.8% Sales 320 326 319 308 310 315 314 310 307 297 302 300 20.0% Recurring Profit 10.0% 200 Recurring 0.0% Profit Ratio 87 96 92 86 92 90 100 82 79 89 82 73 -10.0% 0
Slide 10: Sales Changes by Application
Sales Changes by Application (round number) [Consolidated Basis] 12%down 2%up FY2014 1Q-3Q 13%up FY2015 13%down 1Q-3Q 0 Digital Office Smartphone General Automotive Tablet/ Computer /Mobile Phone Industrial Notebook Related Consumer Machinery PC Equipment Electronics *1 Communication *2 ※１ ※２ As thi
Slide 11: Sales by Application (Consolidated Basis)
Sales by Application (round number) (Consolidated Basis) Smartphone/ Smartphone/ Mobile (Others 22%) ((Others 22%)) General Phone 29% General Mobile Industrial Phone 32% Industrial (FA Controlling 29% Equipment 3%) FY2014 (FA Controlling 29% Equipment 2%) FY2015 (Associated Electric Equipment 4%) 1Q
Slide 12: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 72 72 73 70 66 61 60 Overseas 50 47 48 S l R Sales Ratio ti 45 43 41 40 Overseas 30 Production 20 Ratio 10 0 FY2015 FY2011 FY2012 FY2013 FY2014 FY2015 1Q-3Q 12
Slide 13: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31 31, 2015 (B) Dec 31 31, 2015 (B) - (A) Remark Increase due to redemption of Cash and 1,477.6 1,554.4 76.8 government bond, etc. Cash in Bank Trade 305.6 290.7 -14.9 Decrease due to sales decrease Receivables Securitie
Slide 14: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31 31, 2015 (B) Dec 31 31, 2015 (B) - (A) Remark Notes Payable and Account 115.1 115.5 0.4 Payable I ncome Taxes Payable 53.2 30.0 -23.2 Tax payment Increase in other accounts Others 145.4 162.5 17.1 payable, etc. Total
Slide 15: Capital Investment and Depreciation Change
Capital Investment and Depreciation Change (Consolidated Basis) (hundred millions of Yen) (%) Previously 120 125 ↓ 118 120 114 115 111 110 110 40.0 Capital Investment 100 84 81 30.0 Depreciation 78 80 60 Capital 20.0 Investment Ratio 40 11.6 9.1 9.4 10.4 Depreciation 9.1 Ratio 10.0 20 9.6 8.4 8.8 8.
Slide 16: Business Forecast for the Year Ending March 31, 2016
Business Forecast for the Year Ending March 31, 2016 (Consolidated) We revised the business forecast announced on Jul 2015 note) figures in green italics : previously announced data on Jul 2015 (hundred millions of Yen) FY2014 (FY ended Mar 31, 2015) FY2015 (FY ending Mar 31, 2016) First Half For th