TDK Corporation · TSE:6762
TDK — Q3 FY March 2021 Earnings Presentation
13 slides from TDK's earnings presentation, Jan 29, 2021
Slide 1: Consolidated Results for 3Q of FY March 2021 and Full Year Projections
Consolidated Results for 3Q of FY March 2021 Consolidated Full Year Projections for FY March 2021 Tetsuji Yamanishi Executive Vice President © TDK Corporation 2021 Performance Briefing 3Q of Fiscal Year March 2021 Corporate Communications Group January 29, 2021 1
Slide 2: Key points concerning earnings for 3Q of FY March 2021
Key points concerning earnings for 3Q of FY March 2021 Demand for electronic components continued to recover due to the resumption of social and economic activities as well as production activities amid the COVID-19 pandemic. Sales and profits increased year on year as demand related to digital tran
Slide 3: Consolidated results for 3Q of FY March 2021
Consolidated results for 3Q of FY March 2021 FY March 2020 FY March 2021 Change 3Q results 3Q results (Yen billions) Yen billions % Net sales 355.6 395.7 40.1 11.3 Operating income 40.4 45.1 4.7 11.6 Operating income margin 11.4% 11.4% - - Income before income taxes 41.2 46.2 5.0 12.1 Net income 29.
Slide 4: 3Q results - Passive Components segment
3Q results - Passive Components segment Net sales (Yen billions) 109.5 Net sales 109.5 billion yen (up 11.4% year on year) 98.3 Operating income 13.4 billion yen (up 26.4% year on year) ● Ceramic Capacitors ¬ Sales and profit increased year on year. ¬ Sales increased to the automotive market and dis
Slide 5: 3Q results - Sensor Application Products segment
3Q results - Sensor Application Products segment Net sales Net sales 23.0 billion yen (up 13.3% year on year) (Yen billions) 23.0 20.3 Operating loss -4.1 billion yen (down ―% year on year) ● Sensors ¬ Sales of Temperature Sensors to the automotive and the industrial equipment markets increased. ¬ E
Slide 6: 3Q results - Magnetic Application Products segment
3Q results - Magnetic Application Products segment Net sales (Yen billions) Net sales 55.9 billion yen (down 3.5% year on year) 57.9 55.9 Operating income 4.2 billion yen (down 19.2% year on year) ● HDD Heads and HDD Suspension Assemblies ¬ Sales and profit of HDD Heads decreased year on year. ¬ Sal
Slide 7: 3Q results - Energy Application Products segment
3Q results - Energy Application Products segment Net sales (Yen billions) 195.4 Net sales 195.4 billion yen (up 21.2% year on year) Operating income 42.8 billion yen (up 5.7% year on year) 161.2 ● Energy Devices (Rechargeable Batteries) ¬ Sales and profit increased year on year. ¬ Sales expanded for
Slide 8: Quarterly results by segment
Quarterly results by segment 3Q of 2Q of 3Q of YoY change QoQ change (C)-(A) (C)-(B) FY March 2020 FY March 2021 FY March 2021 (Yen billions) (A) (B) (C) Yen billions % Yen billions % Capacitors 37.3 38.6 41.9 4.6 12.3 3.3 8.5 Inductive Devices 34.8 34.6 39.0 4.2 12.1 4.4 12.7 Other Passive Componen
Slide 9: Breakdown of operating income changes
Breakdown of operating income changes 3Q of 3Q of FY March 2020 Operating income +4.7 billion yen FY March 2021 40.4 billion yen 45.1 billion yen (Yen billions) Sales price reduction Rationalization, Benefits from SG&A expenses Changes in sales (7.3) cost reduction restructuring increase +18.5 One-t
Slide 10: Consolidated results through 3Q of FY March 2021
Consolidated results through 3Q of FY March 2021 FY March 2020 FY March 2021 Change Results through 3Q Results through 3Q (Yen billions) (2019.4.1-2019.12.31) (2020.4.1-2020.12.31) Yen billions % Net sales 1,062.7 1,086.8 24.1 2.3 Operating income 109.2 107.5 (1.7) -1.6 Operating income margin 10.3%
Slide 11: Full year / dividend projections
FY March 2021 full year / dividend projections FY March 2021 FY March 2021 FY March 2021 YoY change FY March 2020 full year projections full year projections full year projections full year results Yen billions % (announced on Jul. 30, 2020) (announced on Oct. 30, 2020) (announced on Jan. 29, 2021)
Slide 12: Cautionary statements with respect to forward-looking statements
Cautionary statements with respect to forward-looking statements This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings, and evaluations about TDK, or its group companies (TDK Group). These forward-looking
Slide 13: Text data including Q&A will be uploaded on following site
Text data including Q&A of performance briefing will be uploaded on following site. https://www.tdk.com/corp/en/ir/ir_events/conference/2021/3q_1.htm