Aisin Corporation · TSE:7259
Aisin — Aisin Seiki — Q1 FY2015 Earnings Presentation
15 slides from Aisin's earnings presentation, Jul 31, 2014
Slide 1: FY2015 1st quarter Consolidated Financial Report
FY2015 11stst quarter FY2015 quarter Consolidated Financial Report (April (April 1, 1, 2014 2014 20 14 through 2014 through June June 3300,, 2014 2014) 20 14)) 14 2014 14) July July 331, 1, 2014 20144 201 2014 AISIN AISIN SEIKI SEIKI Co. Co. Ltd. Ltd. (http://www.aisin.com/) － 1 －
Slide 2: FY2015 1st quarter Overview of Financial Results
FY2015 1st quarter Over Overview view of Financial Results ①Domestic sales saw slack growth following the spike in demand ahead of the consumption tax hike. However, total sales was almost flat due to production volume increased in the North America and China. ②Operating income, Ordinary income and
Slide 3: Consolidated Operating Results (FY2015 1Q – 3 months)
Consolidated Operating Results ( FY2015 1Q – 3 months) Billion ｙen Net Net Sales Sales Operating Operating Income Income Net Net Income Income + 7.5 billion yen （（ ++1.1% 1.1%%）） 1.1 1.1% - 5 .9 - 5 .1 44.3 38. 38.4 28.9 23. 23.8 FY2014 1Q FY2015 1Q FY2014 1Q FY2015 1Q 699.5 707. 707.0 Ordinary Ordi
Slide 4: Sales by Customer (FY2015 1Q – 3 months)
Sales by Customer ( FY2015 1Q – 3 months) Billion ｙen FY2014 1Q 【Sales 699.5】 699.5】 Other Manufacturers sales breakdown Life & others 24.6 Toyota Group 230. 230.9 200 223. 223.2 Ａ/Ｍ & Others Other 451.7 65.9 Manufacturers Manufac turers 68.7 ISUZU 223.2 64.6% 4.6% 6.6 MAZDA 150 7.0 7.0 6.8 8.9 BMW
Slide 5: Segment Information (FY2015 1Q – 3 months)
Segment Information ( FY2015 1Q – 3 months) Billion ｙen Billion 億円ｙen Net Net Sales Sales Operating Operating Income Income FY2014 1Q FY2014 1Q 3 00 FY2015 1Q 25 FY2015 1Q 434.7 435.7 434. 34.0 2 50 20 28. 28.9 2 00 15 1 50 107.1 116.6 10 99.4 98.8 1 00 6.7 58.2 55.8 5.1 5 50 3.1 2.4 0.8 0.9 0.8 0.9
Slide 6: Fluctuations for Ordinary Income (FY2015 1Q – 3 months)
Fluctuations for Ordinary Income ( FY2015 1Q – 3 months) Billion ｙen 【FY2014 1Q / FY2015 1Q】 1Q】 Increase - 8.4 Decrease Decrease + 8 .4 54. 54.0 → 45. 45.6 -16. 16.8 Cost structure 7 .0 improvement Forex rate 1 .4 1US$ ： ￥99→ 99→￥102 1EUR ： ￥129 →￥140 Sales fluctuation - 7 .4 Change of material pri
Slide 7: Consolidated Operating Forecast (FY2015 2Q – 6 months)
Consolidated Operating Forecast ( FY2015 2Q – 6 months) Billion ｙen Net Net Sales Sales Operating Operating Income Income Net Net Income Income + 33. 33.0 billion yen （（ ++2.4% 2.4%%）） 2.4 2.4% - 9 .2 -10. 10.1 86.2 77. 0 49.1 39. 39.0 FY2014 2Q FY2015 2Q FY2014 2Q FY2015 2Q 1,387.0 1,420. 420.0 Ord
Slide 8: Forecast of Sales by Customer (FY2015 2Q – 6 months)
Forecast of Sales by Customer ( FY2015 2Q – 6 months) Billion ｙen FY2014 2Q 【Sales 1,387.0】 1,387.0】 Other Manufacturers sales breakdown Life & others 461. 461.0 51.6 440. 440.9 461..0 461 400 ＡＡ /Ｍ/Ｍ& &Others Others Toyota 440..9 440 Group 127.4 Other 130.6 ISUZU 894.4 13.4 Manufacturers Manufac tu
Slide 9: Forecast of Segment Information (FY2015 2Q – 6 months)
Forecast of Segment Information ( FY2015 2Q – 6 months) Billion ｙen Billion 億円ｙen Net Net Sales Sales Operating Operating Income Income FY2014 2Q FY2014 2Q 5 00 FY2015 2Q 50 FY2015 2Q 880. 880.5 875. 71.1 875.7 4 00 40 58. 58.8 3 00 30 219. 219.0 216. 216.2 201. 201.5 193. 193.8 2 00 20 111.0 111.0
Slide 10: Forecast of Fluctuations for Ordinary Income (FY2015 2Q – 6 months)
Forecast of Fluctuations for Ordinary Income ( FY2015 2Q – 6 months) Billion ｙen 【FY2014 2Q / FY2015 2Q】 2Q】 Increase -11. 11.9 Decrease Decrease +16. 16.2 95. 95.9→ 84. 84.0 -28. 28.1 Cost structure 14. 14.0 improvement Forex rate 2 .2 1US$ ： ￥98 →￥101 1EUR ： ￥130 →￥140 Sales fluctuation -12. 12.4
Slide 11: Financial Results of the Main Consolidated Companies I
Financial Results of the Main Consolidated Companies I ←Annual results Billion ｙen AISIN SEIKI Group 1,353.6 1,195.7 90 1 , 0 7 3 .6 1 , 0 7 6 . 6 1Q Sales 84.5 < 333.8 > 1,000 60 66.4 69.3 669.1 Operating income 53.7 56.4 52.4 59.2 Ordinary income 42.6 500 Sales 30 37.1 21.3 24.9 1Q Income 0 10.8 0
Slide 12: Financial Results of the Main Consolidated Companies II
Financial Results of the Main Consolidated Companies Ⅱ AISIN Takaoka ←Annual results Billion ｙen 247.4 Group 20 210.5 215.4 194.4 1Q Sales < 62.0 > 200 Operating income 14.1 14.8 125.0 10 12.3 11.2 Ordinary income Sales 8.7 8.9 9.5 9.3 100 4.6 5.0 1Q Income 0 1.7 2.3 0 FY2011 FY2012 FY2013 FY2014 FY
Slide 13: Financial Results of the Main Consolidated Companies III
Financial Results of the Main Consolidated Companies Ⅲ ←Annual results Billion <3,076> 億円ｙen ADVICS Group 511.5 <2,772> 30 447.2 1Q Sales 383.2 384.3 < 128.1 > 400 Operating income 20 257.6 Ordinary income 15.3 Sales 10 12.8 14.1 14.0 200 9.0 9.2 1Q Income 3.7 3.4 4.8 5.1 0 3.6 3.7 0 FY2011 FY2012 F
Slide 14: Production of AT, MT and Navigation units
Production 10,000 of units ＡＴ ＡＴ Production Production ＭＴ ＭＴ Production Production 750 658 545 164 214 626 147 161 565 150 500 331 2nd H 80 84 2nd H 323 308 100 74 250 50 1st H 242 318 327 340 st 1st H 73 84 77 68 0 (Forecast) 0 (Forecast) FY2012 FY2013 FY2014 FY2015 FY2012 FY2013 FY2014 FY2015 Navi
Slide 15: Quarterly Performance
Quarterly Performance Net Net Sales Sales TOYOTA Motors Production(10,000 of units） units） Billion ｙen 230 224 220 224 226 227 223 233 220 224 1, 000 207 209 195 800 7 14 .8 7 20 .3 7 0 7. 0 7 1 3. 0 6 7 0. 1 6 5 5. 5 69 9 .5 68 7 .4 118 6 3 6. 3 63 9 .9 6 17 .3 59 8 .0 600 5 59 .5 45 7 .0 400 200 8