Slide 1: FY2003 Semiannual Financial Results Briefing
FY2003 Semiannual Financial Results Briefing Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications 1
Slide 2: Agenda
Agenda Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Semiannual Financial Results for FY2003 III. Forecast for The Whole Financial Year 2
Slide 3: Agenda-1
Agenda-1 Agenda-1 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Semiannual Financial Results for FY2003 III. Forecast for The Whole Financial Year 3
Slide 4: The Group
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Nabtesco Group aims to be the World’s Leading Manufacturer of Motion Control Systems and Related Components for Air, Land and Marine Applications by combinin
Slide 5: Management Principles
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Management Principles Nabtesco aims to achieve long term growth of corporate values based on the following principles; Form a highly-profitable corporate gro
Slide 6: Corporate Profile
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Corporate Profile Capital ¥10 billion Employees (consolidated basis) 3,837 Consolidated subsidiaries (domestic) 16 Consolidated subsidiaries (overseas) 9 Equ
Slide 7: Organization (Nabtesco)
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Organization (Nabtesco) Corporate Planning Corporate Planning Dept. Board of Directors Accounting Div. & Finance Dept. Chairman General Admin. & of the Board
Slide 8: Group Organization (43 affiliates/subsidiaries)
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Group Organization (43 affiliates/subsidiaries) Precision Precision Equipment Equipment Aircraft Aircraft & & Oil Oil Hydraulic Hydraulic Control Control Sys
Slide 9: Core Businesses – Precision Equipment
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Core Businesses – Precision Equipment - Precision Reduction Gears; World market share of robot joints application: approx. 60% Domestic market share of ATC d
Slide 10: Core Businesses – Transport Equipment
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Core Businesses – Transport Equipment - Railroad Vehicle applications; Domestic market share of brake systems: approx. 50% Market share of Automatic Door Ope
Slide 11: Core Businesses – Aircraft & Oil Hydraulic Equipment
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Core Businesses – Aircraft & Oil Hydraulic Equipment - Aircraft Equipment; One of the key suppliers for Boeing FCA ( Flight Control Actuation) Systems Promin
Slide 12: Core Businesses – Industrial Equipment
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Core Businesses – Industrial Equipment - Automatic Door; World’s No.1 manufacturer of Building Automatic Door Systems Well-established domestic sales network
Slide 13: Group Sales by Business Segments
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Group Sales by Business Segments Segment Sales Precision Transport Equipment Equipment Aircraft ¥11.7billion ¥16.5billion & Oil Hydraulic Equipment ¥16.7bill
Slide 14: Agenda-2
Agenda-2 Agenda-2 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Semiannual Financial Results for FY2003 III. Forecast for The Whole Financial Year 14
Slide 15: Notice
Notice Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications The figures for FY2003 hereafter are obtained by the simple summation of the figures of TS Corporation group and NABCO group 15
Slide 16: Consolidated Profit & Loss Summary
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Profit & Loss Summary (Comparison with the same period of last fiscal year ) Increase in sales and profit （¥ billion） Increas
Slide 17: Sales & Profit by Business Segments
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Sales & Profit by Business Segments <Business Segment> <Comparison <Comparison with the same period of last fiscal year > Pre
Slide 18: Precision Equipment
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Precision Equipment (Comparison with the same period of last fiscal year ) Record high sales, Significant profit increase (¥
Slide 19: Transport Equipment
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Transport Equipment (Comparison with the same period of last fiscal year ) Increased sales, Leveling off profit (¥ million) F
Slide 20: Aircraft & Oil Hydraulic Equipment
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Aircraft & Oil Hydraulic Equipment (Comparison with the same period of last fiscal year ) Increased sales, Leveling off profi
Slide 21: Industrial Equipment
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Industrial Equipment (Comparison with the same period of last fiscal year ) Effective increase* in sales, Increase in profit
Slide 22: Balance Sheet Summary (vs. same period last year)
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Balance sheet Summary (Comparison with the same period of last fiscal year ) （¥ billion） 9/E/02 9/E/03 Variation Comments Ass
Slide 23: Balance Sheet Summary (vs. end of last fiscal year)
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Balance sheet Summary (Comparison with the end of last fiscal year ) （¥ billion） 3/E/03 9/E/03 Variation Comments Assets 128.
Slide 24: Cash Flow Summary
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Cash Flow Summary （¥ billion） FY2003 Net cash provided by operating activities Semiannual Income before taxes 2.7 Total ¥9.0
Slide 25: Improved Financial Standing
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Improved Financial Standing 40.0% Equity Ratio 35.0% Increase of Equity Ratio 30.0% Reduction of interest bearing loans →D/E
Slide 26: Agenda-3
Agenda-3 Agenda-3 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Semiannual Financial Results for FY2003 III. Forecast for The Whole Financial Year 26
Slide 27: Profit & Loss Forecast
Forecast for The Whole Financial Year Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Profit & Loss forecast (comparison with the last fiscal year) Effective increase in sales and profit （¥ billion） Net Sales; 2002
Slide 28: Sales & Profit Forecast by Business Segments
Forecast for The Whole Financial Year Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Sales & Profit forecast by Business Segments <Business Segment> <Comparison with the last fiscal year > Precision equipment Incre
Slide 29: Forecast by Business Segment
Forecast for The Whole Financial Year Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Forecast by Business Segment (comparison with the last fiscal year) (¥ million) FY2002 FY2003 Result Forecast Variation Comments
Slide 30: Forecast by Business Segment
Forecast for The Whole Financial Year Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Forecast by Business Segment (comparison with the last fiscal year) (¥ million) FY2002 FY2003 Result Forecast Variation Comments
Slide 31: Profit & Loss Forecast vs 2003 Mid-Term Plan
Forecast for The Whole Financial Year Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Profit & Loss forecast (comparison with 2003 Mid-Term Plan) Increase in sales and profit （¥ billion） FY2003 FY2003 Net Sales; 200
Slide 32: Major Targeted Financial Figures under 2003 Mid-Term Plan
Forecast for The Whole Financial Year Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Major Targeted Financial Figures under 2003 Mid-Term Plan FY2003 FY2005 Forecast Plan Net sales ¥122.0 billion → ¥135.0 billion N