Slide 1: Financial Results Presentation Slides for the Year Ended in March, 2019
Financial Results Presentation Slides for the Year Ended in March, 2019 Harada Industry Co., Ltd. June 18, 2019 This slides contains forward looking statements based on prerequisites, forecasts and plans available as of June 18, 2019. Actual results may differ materially from forward looking stateme
Slide 2: Contents
Contents I. Corporate Overview 1. Corporate Profile ...................................................................................................................................................... 4 2. Global Network .............................................................................
Slide 3: I. Corporate Overview
|. Corporate Overview HARADA
Slide 4: 1. Corporate Profile
1. Corporate Profile ◆ Established March 1958 ◆ Headquarters Omori Bellport B-4F, 26-2 Minami-Ohi, 6-Chome Shinagawa- ku, Tokyo, Japan ◆ Capital Stock 2,019 million yen ◆ Consolidated Overseas: 10 Subsidiaries (Sales Companies: U.S.A., U.K., Thailand, etc.) (Plants: China, Philippines, Vietnam and M
Slide 5: 2. Global Network
2. Global Network HARADA INDUSTRY OF AMERICA, INC. HARADA INDUSTRIES (EUROPE) LIMITED HARADA INDUSTRIES (MEXICO), HARADA EUROPE R&D CENTRE S.A. DE C.V. DALIAN HARADA INDUSTRY CO., LTD. SHANGHAI HARADA NEW HARADA INDUSTRIES VIETNAM LIMITED AUTOMOTIVE ANTENNA CO., LTD. HARADA Asia-Pacific Ltd. TAIWAN
Slide 6: 3. Major Products 1
3. Major Products 1 LPA (Low Profile Antenna) Support for multi- band antennas including: AM / FM, DAB, satellite (SDARS), telematics applications, GNSS and 3G/4G LTE. Rod Type Antenna Support for multi-band antennas including: AM / FM, DAB, satellite (SDARS), telematics applications, GNSS and 3G/4G
Slide 7: 3. Major Products 2
3. Major Products 2 Amplifier for Screen Type Antenna Film Antenna for DTV Other Integrated Type (Hidden) Antenna Can be integrated beneath plastic roof panel, into spoiler, trunk lid or bumper. Support for multi-band antennas. 7
Slide 8: 3. Major Products 3
3. Major Products 3 Coaxial Cables Connecting antennas and audio units. Routing design, design and development to in-house manu- facturing and assembly of components. STP Cables Transfer massive data at high speed. 8
Slide 9: II. Financial Results for FY2018 and Financial Plan for FY2019 (Consolidated)
II. Financial Results for FY2018 and Financial Plan for FY2019 (Consolidated) 9
Slide 10: 1. Net Sales Trend
1. Net Sales Trend 500 (Hundred millions of yen) Europe North and Central Americas 432 429 431 408 415 Asia 397 42 39 400 41 Japan 364 39 40 38 31 299 127 124 147 123 115 300 132 23 118 214 217 88 200 12 16 115 112 104 178 108 9 106 117 71 66 91 62 52 23 34 38 100 136 144 155 153 124 123 120 124 92
Slide 11: 2. Summary of Consolidated Statement of Income
2. Summary of Consolidated Statement of Income (Millions of yen) FY2017 FY2018 Previous Current Increase Main factors year year or in increase or decrease Composition Composition decrease ratio (%) ratio (%) - Japan: 1,067 42,936 43,135 198 - Asia: (314) (currency effect: (69)) Net sales - North and
Slide 12: 3. Profit Attributable to Owners of Parent Trend
3. Profit Attributable to Owners of Parent Trend (Millions of yen) 1,400 1,234 1,256 1,200 977 1,000 936 847 800 768 650 603 600 400 346 200 0 (64) (94) (200) FY2009 10 11 12 13 14 15 16 17 18 19 Current Next year Year (forecast) 12
Slide 13: 4. Factors of Changes in Operating Income
4. Factors of Changes in Operating Income Increase in gross profit due to (Millions of yen) increase in net sales Decrease in gross profit due to increase in cost of sales ratio 50 - The effect of rising raw material prices (793) 226 2,253 Decrease in selling, general 1,737 and administrative expens
Slide 14: 5. Summary of Consolidated Balance Sheet
5. Summary of Consolidated Balance Sheet (Millions of yen) FY2017 Component FY2018 Component Increase Previous ratio Current ratio or year (%) year (%) decrease Current assets 26,562 77.4% 26,924 76.4% 362 Non-current assets 7,767 22.6% 8,311 23.6% 543 Total assets 34,330 100.0% 35,236 100.0% 905 Cu
Slide 15: 6. Sales Breakdown by Reported Segments
6. Sales Breakdown by Reported Segments FY2017 Europe Previous year 9.7% (Millions of yen) Japan Previous Current North and 33.7% year year Central Americas Increase Impact of Asia Net 29.7% 26.9% FY2017 FY2018 or foreign change decrease exchange Japan 14,466 15,533 1,067 － 1,067 Asia 11,562 11,247
Slide 16: 7. Consolidated Cash Flow Trend
7. Consolidated Cash Flow Trend (Millions of yen) 5,000 Cash flows from operating activities 4,000 Cash flows from investing activities Cash flows from financing activities 3,000 2,000 1,000 0 (1,000) (2,000) (3,000) FY2009 10 11 12 13 14 15 16 17 18 Previous Current Year year FY2009 10 11 12 13 14
Slide 17: 8. Capital Expenditure Trend / 9. Depreciation Trend
8. Capital Expenditure Trend (Millions of yen) 2,000 1,621 1,500 1,252 1,035 1,038 1,000 801 874 636 643 502 500 186 0 FY2009 10 11 12 13 14 15 16 17 18 9. Depreciation Trend (Millions of yen) 1,200 1,024 980 1,000 892 886 871 867 758 800 656 567 541 600 400 200 0 FY2009 10 11 12 13 14 15 16 17 18 1
Slide 18: 10. Research and Development Expense Trend
10. Research and Development Expense Trend (Millions of yen) 2,000 1,626 1,585 1,564 1,465 1,519 1,500 1,354 1,421 852 919 925 1,000 500 0 FY2009 10 11 12 13 14 15 16 17 18 18
Slide 19: 11. Dividend and Stock Price Trend
11. Dividend and Stock Price Trend (Yen) 1,600 12.0 Dividends 1,400 10.0 10.0 10.0 Stock prices (highest) 10.0 1,200 Stock prices (lowest) 7.5 7.5 7.5 7.5 7.5 7.5 7.5 8.0 1,000 800 5.0 6.0 600 4.0 400 2.0 200 0 0.0 FY2009 10 11 12 13 14 15 16 17 18 19 Current Next year year （forecast） Stock Price Tr
Slide 20: 12. Foreign Exchange Rate Trend
12. Foreign Exchange Rate Trend US$ Stg.£ RMB 300 Current Rate (Yen) 24 19.35 18.34 250 17.36 17.31 20 16.77 16.15 200 13.90 16 146.44 187.20 143.07 152.07 140.47 150 126.45 119.82 173.80 178.73 12 139.57 100 120.62 120.60 116.55 113.06 111.00 8 92.07 105.40 81.45 86.58 50 77.73 4 0 0 FY2009 10 11 1
Slide 21: Reference. Automobile Manufacturing Trend
Reference. Automobile Manufacturing Trend 21
Slide 22: Automobile Manufacturing Trend (Results and Forecasts)
Automobile Manufacturing Trend (Results and Forecasts) Japan Asia (Thousands) (Thousands) 10,000 50,000 44,984 9,500 9,290 45,000 39,479 9,000 8,886 40,000 8,500 35,000 8,000 30,000 7,500 25,000 2016 2017 2018 2019 2020 2021 2022 2016 2017 2018 2019 2020 2021 2022 North and Central Americas
Slide 23: Forward looking statements notice
This slides contains forward looking statements based on prerequisites, forecasts and plans available as of June 18, 2019. Actual results may differ materially from forward looking statements described here due to risks and variable factors associated to global economic conditions, a competitive env