Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — 1H FY ending March 2016 Earnings Presentation

15 slides from Oki Electric Industry's earnings presentation, Nov 5, 2015

  1. Slide 1: Financial Results for the First Half of FY ending March 31, 2016

    Financial Results for the First Half of FY ending March 31, 2016 November 5, 2015 Oki Electric Industry Co., Ltd. •Indication method of amounts in hundred millions (yen) are as follow: Amounts in each item are rounded to the nearest hundred million yen. Variances are calculated in the hundred millio

  2. Slide 2: Table of Contents

    Table of Contents I. Financial results for the 1H, FY ending Mar. 2016 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows II. Full Year Projections for the FY ending Mar. 2016 1. Full Year Projections 2.

  3. Slide 3: Overall condition of the Group

    Overall condition of the Group Net sales decreased by 5.8 B yen, and operating income declined by 3.0 B yen year on year. OKI marked approximately the same as planned excluding Printer business. FY end Mar. 2016 FY end Mar. 2015 Variance Net sales Operating Net sales Operating Net sales Operating (B

  4. Slide 4: Segment Information: Info-telecom Systems

    Segment Information: Info-telecom Systems Net sales decreased by 4.2 B yen year on year. Net sales  Solutions & services: - Sales of financial institutions and enterprises were favorable. (Billion yen) 133.9 138.1  Telecom systems: Mechatronics - Sales were approximately the same as planned, thoug

  5. Slide 5: Segment Information: Printers

    Segment Information: Printers Net sales decreased by 2.5 B yen year on year. Net sales Color and mono LED printers： (Billion yen) Sales of the existing products particularly in color printers 59.1 61.6 1.8 Others decreased due to the shrinking of the developed market 2.3 7.0 such as Europe and the

  6. Slide 6: Segment Information: EMS, Others

    Segment Information: EMS, Others Net sales: Net sales  EMS: (Billion yen) Sales rose due to the increase in new projects and 30.1 29.1 the effect of M&A. 9.5 8.9 Others  Others: 20.6 20.2 EMS Sales were continuously favorable mainly in components related business such as reed switches. FY Mar. 16

  7. Slide 7: Changing Factors of Operating Income

    Changing Factors of Operating Income Operating income decreased due to a decline in sales volume and the impact of currency exchange. (Billion yen) Changes in volume and product mix Impact of Price currency (1.0) decline exchange (1.0) +1.0 (2.5) Reduction in 6.6 production +0.5 and Changes in procu

  8. Slide 8: 1H Profit and Loss

    1H Profit and Loss FY Mar. FY Mar. [Y on Y comparison] (Billion yen) 2016 2015 Other income and expenses turned Net Sales 223.0 228.8 negative as exchange gain in last fiscal Cost of Sales 164.8 170.9 year became to loss in this fiscal year SG&A 54.6 51.3 (from 4.2 B yen to -1.1 B yen). Operating in

  9. Slide 9: Balance Sheet [Assets]

    Balance Sheet [Assets] Total assets decreased by 26.9 B yen to 412.5 B yen due to reduction in notes and accounts receivables, etc. Cash and cash equivalents decreased by 9.1 B yen to 44.5 B yen. Trend of change in each asset was the same as in the past. (Billion yen) Variance with 439.4 March 31, 2

  10. Slide 10: Balance Sheet [Liabilities and shareholders’ equity]

    Balance Sheet [Liabilities and shareholders’ equity] Shareholders’ equity decreased by 6.8 B yen to 112.8 B yen. Shareholders’ equity ratio: 27.3%. Interest bearing debt increased by 7.2 B yen to 114.8 B yen. D/E ratio: 1.0 times. (Billion yen) Variance with 439.4 March 31, 2015 412.5 411.9 412.5 61

  11. Slide 11: Cash Flows

    Cash Flows Cash flows from operating activities became a net outflow due to decrease in net income and working capital. Cash flows from investing activities was approximately the same as the previous fiscal year. Free cash flows resulted in a net outflow of 12.7 B yen. FY end. FY end. (Billion yen)

  12. Slide 12: Table of Contents: Full Year Projections

    I. Financial results for the 1H, FY ending Mar. 2016 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows II. Full Year Projections for the FY ending Mar. 2016 1. Full Year Projections 2. Future Outlook ©

  13. Slide 13: Full Year Projections

    Full Year Projections Full year projections for the FY end. Mar. 2016 Previous (Billion yen) Nov. 5, 2015 Variance [Information for full year projections] projections Net sales (Info-telecom) 515.0 545.0 (30.0) - Continue the suspension of Info-telecom 320.0 340.0 (20.0) shipment for a Chinese exist

  14. Slide 14: Future Outlook

    Future Outlook Aim to achieve the financial targets for Mid-term Business Plan 2016 continuously - Operating profit margin - Shareholders’ equity ratio - Debt equity ratio 6% More than 30% Less than 1.0 times Business outlook [Info-telecom]  Continue steady businesses in domestic market  Begin the

  15. Slide 15: © Copyright 2015 Oki Electric Industry Co., Ltd.

    © Copyright 2015 Oki Electric Industry Co., Ltd. 15

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