Panasonic Holdings Corporation · TSE:6752
Panasonic — Investor Day (December 2014)
20 slides from Panasonic's investor day presentation, Dec 9, 2014
Slide 1: Business strategy in Automotive & Industrial Systems Company
◯ I would like to talk about our business strategy in Automotive & Industrial Systems (AIS) Company. Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Slide 2: Topics for today
◯ Here are what I would like to talk today. Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Slide 3: First, FY2015 progress
◯ First, FY2015 progress. Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Slide 4: In FY2015 1H, both sales and OP increased
◯ In FY2015 IH, both sales and OP increased. ◯ Sales increase in infotainment systems, electric systems, sensors, switches and li-ion battery for Tesla Motors contributed to the company-wide sales growth. In addition, yen depreciation gave us a favorable effect, resulting in the sales +2% y-y. ◯ Sal
Slide 5: We have drastically progressed on our restructuring
◯ We have drastically progressed on our restructuring. ◯ In semiconductor business, we transferred three diffusion plants to the JV, transferred the assembly lines in Southeast Asia and integrated R&D, production and sales forces into the new company. ◯ In circuit component business, we transferred
Slide 6: Sales ratio of profitable and unprofitable products
◯ This chart shows the sales ratio between profitable and unprofitable products in AIS’s 53 product categories. ◯ In FY2013, the unprofitable products accounted for 42% of the whole sales, and we expect it will come down to 17% due to the restructuring. ◯ We will continue to improve profitability. C
Slide 7: New applications on li-ion battery to improve profitability
◯ We have developed new applications on li-ion battery to improve its profitability. ◯ In FY2013, the profitability was negative because half of our sales were for ICT application such as note PCs and smartphones where the market has been commoditized and further competitive. ◯ We returned to black
Slide 8: Midterm business plan and automotive business strategy
◯ Next, midterm business plan and automotive business strategy. Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Slide 9: Target figures towards FY2019
◯ These are our target figures towards FY2019. ◯ We plan to achieve sales of 3.6 trillion yen in FY2019, focusing on automotive and industrial areas. ◯ The sales target in automotive area is 2 trillion yen in FY2019, which we currently expect 1.3 trillion yen in FY2015 comparing with 1.2 trillion ye
Slide 10: Focus on environment, comfort and safety
◯ We focus on ‘environment,’ ‘comfort’ and ‘safety’ when we make a decision of CAPEX and R&D to be essential in each business area. ◯ We concentrate on automotive battery in ‘environment’ business area, next-gen cockpit systems in ‘comfort’ and advanced driving assistance systems (ADAS) in ‘safety.’
Slide 11: Expand environment business area with automotive battery
◯ We expand ‘environment’ business area with automotive battery. ◯ We established Panasonic Energy Corporation of North America, 100% owned by Panasonic, a li-ion battery manufacturing company at Tesla Gigafactory in Nevada, USA, in October 2014. ◯ The primary purpose of this company is to work with
Slide 12: Accelerate lead-acid battery business
◯ As our another strategy in ‘environment’, we accelerate lead-acid battery business. ◯ We will establish a JV with our local partner, MINDA Industries Limited, in December 2014, owned 60% by Panasonic and 40% by MINDA. ◯ We minimize startup period utilizing their existing plants. ◯ We collaborate w
Slide 13: Comfort: next-gen cockpit systems
◯ In ‘comfort’ business area, we focus on next-gen cockpit systems. ◯ We launched head-up displays (HUD) which customers can install by themselves last year and received first order from an European automaker on genuine HUDs on windshield. ◯ HUD is a product which displays information to assist safe
Slide 14: Comfort: electronic mirrors
◯ Another strategy in ‘comfort’ focuses on electronic mirrors. ◯ We agreed with capital and business alliance with FICOSA, a Spanish tier 1 manufacturer, who maintains the third place in a global exterior rear-view mirror industry. ◯ We accelerate launch of electronic technologically advanced automo
Slide 15: Safety: expand business as a Tier 2 in sensors
◯ In ‘safety’ business area, we expand business as a Tier 2 in sensors such as camera modules and angular rate sensors where we maintain high market share. In addition, we offer systems supporting ‘cognition and judgment while driving’ combining with ECU where we have advantages in image processing
Slide 16: ADAS R&D center established in April 2014
◯ We established ADAS R&D center in April 2014 to expand advanced driver assistance systems (ADAS) business, integrating our device and image processing technology. We accelerate R&D under group-wide collaboration in AVC Company and R&D Division. ◯ We have accelerated development in the past six mon
Slide 17: Expanding sales by region
◯ We have expanded sales by region, since the business environment globally becomes more competitive. ◯ For Japanese automakers, we strengthen business focusing on ADAS and other new products to support their global expansion. In the US and Europe, we continue to accelerate business with Southern Eu
Slide 18: Prioritize profitability and achieve 2 trillion yen sales in FY2019
◯ We will continue to prioritize profitability and achieve 2 trillion yen sales in FY2019, our 100th anniversary. ◯ Thank you for your cooperation. Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Slide 19: Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Slide 20: Copyright (C) 2014 Panasonic Corporation All Rights Reserved.
Copyright (C) 2014 Panasonic Corporation All Rights Reserved.