Slide 1: Analyst Meeting Materials
Human-centered Automation Azbil Corporation RIC: 6845.T, Sedol: 6985543 Analyst Meeting Materials For the First Quarter of the Fiscal Year Ending March 31, 2015 (Japan GAAP) IR, Group Management Headquarters Email: azbil-ir@azbil.com URL: http://www.azbil.com/ir/
Slide 2: Contents
Contents 1. Financial Results for the First Quarter of the P.4 Fiscal Year Ending March 31, 2015 2. Financial Plans for the Fiscal Year Ending March 31, 2015 P.14 →No revision from the recent announcement 3. Return to Shareholders →No revision from the recent announcement P.19 2
Slide 3: Notes
Notes: 1. Financial data and financial statements have been prepared based on Japan GAAP and the amounts have been rounded down. 2. Segment names are abbreviated as follows. B A: Building Automation A A: Advanced Automation L A: Life Automation 3. Each segment amounts include internal transactions b
Slide 4: 1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 4
Slide 5: Consolidated Financial Results
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 Consolidated Financial Results ■ Orders Received / Net sales Orders received increased for the BA and AA businesses, mainly in Japan. Sales grew for all the businesses. ■ Income Operating income was on a par with las
Slide 6: Segment Information – BA Business
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 Segment Information – ■ BA Business ■ Orders Received / Sales Domestic orders in the existing building and service fields grew significantly owing to increased demand for energy saving as well as the renewal of large
Slide 7: Segment Information – AA Business
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 Segment Information – ■ AA Business ■ Orders Received / Sales Domestic orders increased, especially in the field of control products for equipment manufacturers. Orders received grew overseas too, mainly in the Korea
Slide 8: Segment Information – LA Business
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 Segment Information – ■ LA Business ■ Orders Received / Sales Orders received were down for gas & water meters and in the Life Science Engineering (LSE) business; overall orders decreased. However, overall sales were
Slide 9: [Reference] Orders Received by Segment
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 [Reference] Orders Received by Segment [Billions of yen] < Same period comparison > < Quarterly > 100.0 2014.3 2015.3 75.0 50.0 25.0 0.0 2012.3 2013.3 2014.3 2015.3 2014.3 2015.3 Q1 Q1 Q1 Q1 Q1 Q2 Q3 Q4 Q1 ■ B A * 53
Slide 10: [Reference] Sales by Segment
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 [Reference] Sales by Segment [Billions of yen] < Same period comparison > < Quarterly > 100.0 2014.3 2015.3 75.0 50.0 25.0 0.0 2012.3 2013.3 2014.3 2015.3 2014.3 2015.3 Q1 Q1 Q1 Q1 Q1 Q2 Q3 Q4 Q1 ■ B A 17.8 19.9 19.1
Slide 11: [Reference] Segment Profit (Operating Income)
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 [Reference] Segment Profit (Operating Income) [Billions of yen] < Same period comparison > < Quarterly > 10.0 2014.3 2015.3 7.5 5.0 2.5 0.0 (2.5) 2012.3 2013.3 2014.3 2015.3 2014.3 2015.3 Q1 Q1 Q1 Q1 Q1 Q2 Q3 Q4 Q1 ■
Slide 12: Overseas Sales by Region
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 Overseas Sales by Region Total overseas sales grew by 9% on the same period last year. In China, however, sales fell as a result of the slowdown in building projects following transfer of power to the new leadership
Slide 13: Consolidated Financial Position
1. Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2015 Consolidated Financial Position ■ Assets Sales are concentrated in the second and fourth quarters, so notes and accounts receivable-trade for this first quarter fell sharply. Overall there was a decrease of 16.2 bill
Slide 14: 2. Financial Plans for the Fiscal Year Ending March 31, 2015
2. Financial Plans for the Fiscal Year Ending March 31, 2015 →No revision from the recent announcement 14
Slide 15: Consolidated Financial Plan
2. Financial Plans for the Fiscal Year Ending March 31, 2015 Consolidated Financial Plan ■ While there is a disparity in the degree to which the different businesses have improved their profits, consolidated results for the first quarter have remained, overall, within the range of the initial plan.
Slide 16: Segment Information
2. Financial Plans for the Fiscal Year Ending March 31, 2015 Segment Information [Billions of yen] Previous Difference 1st half 2nd half Full year fiscal year (A) - (B) % Change (A) (B) ■ B A Sales 46.0 68.0 114.0 109.5 4.4 4.0 Segment profit 1.7 9.4 11.1 10.5 0.5 4.8 % 3.7 13.8 9.7 9.7 0.1P ■ A A S
Slide 17: [Reference] Sales by Segment
2. Financial Plans for the Fiscal Year Ending March 31, 2015 [Reference] Sales by Segment 300.0 [Billions of yen] 200.0 100.0 0.0 2012.3 2013.3 2014.3 2015.3 (Plan) ■ B A 103.8 107.4 109.5 114.0 ■ A A 88.8 87.6 90.8 95.0 ■ L A 32.5 33.9 49.5 53.0 Consolidated 223.4 227.5 248.4 260.0 17
Slide 18: [Reference] Segment Profit (Operating Income)
2. Financial Plans for the Fiscal Year Ending March 31, 2015 [Reference] Segment Profit (Operating Income) 20.0 [Billions of yen] 15.0 10.0 5.0 0.0 (5.0) 2012.3 2013.3 2014.3 2015.3 (Plan) ■ B A 10.3 10.1 10.5 11.1 ■ A A 4.1 3.6 3.9 4.6 ■ L A (0.1) (0.3) (0.6) (0.2) Consolidated 14.3 13.4 13.9 15.5
Slide 19: 3. Return to Shareholders
3. Return to Shareholders →No revision from the recent announcement 19
Slide 20: Dividends Plan
3. Return to Shareholders Dividends Plan ■ Putting priority on the interests of our shareholders, we will maintain a stable dividend while working to improve both consolidated business performance and capital net income and net asset dividend rates. ■ Dividends for the fiscal year ending March 31, 2
Slide 21: Relevant Information
azbil Relevant Information 21
Slide 22: Capital Expenditure, Depreciation and R&D Expenses
Relevant Information Capital Expenditure, Depreciation and R&D Expenses [Billions of yen] ■ Capital Expenditure, Depreciation ■ R&D Expenses, R&D Expenses / Net Sales 10.0 10.0 5.0% 8.0 8.0 4.0% 6.0 6.0 3.0% 4.0 4.0 2.0% 2.1 2.0 2.0 1.0% 0.9 0.8 0.0 0.0 0.0% 2012.3 2013.3 2014.3 2015.3 2012.3 2013.3
Slide 23: azbil Group Philosophy “human-centered automation”
azbil Group Philosophy To realize safety, comfort, and fulfillment in people’s lives and contribute to global environmental preservation through “human-centered automation” 23