Ohashi Technica Inc. · TSE:7628
Ohashi Technica — Q2 FY2018 Earnings Presentation
12 slides from Ohashi Technica's earnings presentation, Nov 7, 2017
Slide 1: November 7, 2017
November ７, 2017 http://www.ohashi.co.jp
Slide 2: Consolidated Income Statement
Consolidated Income Statement \,million 2 n d Qu ar te r 2 n d Qu ar te r FY 2 0 1 8 FY 2 0 1 7 Change Change(%) Net sales 19,090 18,994 96 100.5% Operating income 2,064 2,099 △ 34 98.3% Ordinary income 2,062 2,052 9 100.5% Net income 1,418 1,675 △ 256 84.7% yen Net income per share 95.35 112.61 △ 1
Slide 3: Analysis of Net Sales by Regional Segment
Analysis of Net Sales by Regional Segment ¥ million +96 +428 △458 +281 △20 △135 Asean Europe Japan North China America （¥,million） 2ｎｄ Quarter 2nd Quarter Change Change FY 2018 FY 2017 (%) 18,994 Japan 10,260 9,831 428 104.4% 19,090 North America 4,331 4,789 △458 90.4% China 2,163 1,882 281 114.9% A
Slide 4: Analysis of Net Sales by Products Segment
Analysis of Net Sales by Products Segment ¥ million +368 △117 + 39 △ 194 Automotive Other Effect of Automotive （Overseas） exchange rate （Internal） change 19,090 18,994 96 ¥ millions 2Q,FY 2017 2Q,FY 2018 OHASHI TECHNICA INC. 4
Slide 5: Analysis of Operating Income by Regional Segment
Analysis of Operating Income by Regional Segment ¥ million △34 + 84 △70 Consolidated + 30 △8 △146 Adjustment Taiwan Japan North China Asean +89 America △13 Europe （¥,million） 2nd Quarter 2nd Quarter Change Change FY 2018 FY 2017 (%) 2,099 Japan 915 830 84 110.2% 2,064 North America 583 654 △70 89.2%
Slide 6: Analysis of Operating Income by Products Segment
Analysis of Operating Income by Products Segment ¥ million +111 △12 + 23 △50 △ 106 Automotive Other （Overseas） Cost Improvement Effect of Automotive （Internal） exchange rate change 2,099 2,064 △34 ¥ millions 2Q,FY 2017 2Q,FY 2018 OHASHI TECHNICA INC. 6
Slide 7: Net Sales and Operating Income
¥ million Net Sales 12,000 10,000 8,000 6,000 9,508 9,581 9,525 9,469 9,218 9,301 4,000 2,000 0 '17/3 1Ｑ '17/3 2Ｑ '17/3 3Ｑ '17/3 4Ｑ '18/3 1Ｑ '18/3 2Ｑ ¥ million Operating Income OHASHI TECHNICA INC. 7
Slide 8: Balance Sheet
Balance Sheet March 31, 2017 September 30, 2018 (¥,million) Liabilities 10,899 Liabilities Liabilities 11,046 Current Current Current Assets 19,410 Current Assets Assets 28,778 Assets 28,484 29,918 Net Assets Net Assets 26,457 27,494 Noncurrent Noncurrent Assets Assets 8,579 8,622 Shareholders equit
Slide 9: Cash Flows
Cash Flows (¥,million) + 1,510 △ 352 △ 283 △ 148 Investing Activities Financing Effect of Activities Operating exchange rate Activities change 15,741 16,467 726 ¥ millions Biginning of the year End of the year OHASHI TECHNICA INC. 9
Slide 10: Capital Expenditures, Depreciation, R&D Expenses
Capital Expenditures,Depreciation,R&D Expenses Fiscal 2018 2Q，FY2018 2Q，FY2017 Change(%) (forecast) Capital Expenditures 407 1,508 27.0% 1,200 Depreciation 415 403 103.0% 800 R&D Expenses 20 26 76.9% 100 Capital Expenditures ￥ million 3,000 2,500 2,000 1,500 2,746 1,000 500 1,200 702 0 FY2016 FY2017
Slide 11: Main Customer
Main Customer Ranking FY 2016 FY 2017 2Q，2018 1 Hino Motors., Ltd. Hino Motors., Ltd. Hino Motors., Ltd. 2 Honda Motor Co., Ltd. Honda Motor Co., Ltd. Honda Motor Co., Ltd. 3 ISUZU MOTORS LIMITED ISUZU MOTORS LIMITED ISUZU MOTORS LIMITED 4 Denso Corporation TOYOTA MOTOR CORPORATION TOYOTA MOTOR CORP
Slide 12: Fiscal 2018 (Forecast)
Fiscal 2018 (Forecast) \ ,million Fi sc al 2 0 1 8 (Fo r e c ast ) Fi sc al 2 0 1 7 Change Change(%) Net sales 38,000 37,513 487 101.3% Operating income 3,850 3,807 43 101.1% Ordinary income 3,950 3,888 62 101.6% Net income 2,500 2,834 △ 334 88.2% ye n N e t in c ome pe r sh are 168.07 190.58 △22.51