Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — FY2016 Earnings Presentation

26 slides from Oki Electric Industry's earnings presentation, May 12, 2017

  1. Slide 1: Financial Results for the Fiscal Year ended March 31, 2017

    Financial Results for the Fiscal Year ended March 31, 2017 May 12, 2017 Oki Electric Industry Co., Ltd. © Copyright 2017 Oki Electric Industry Co., Ltd. 1

  2. Slide 2: Table of Contents

    Table of Contents I. Financial Results for the FY ended March 2017 1. Summary of Financial Results 2. Segment Information (Net Sales) 3. Segment Information (Operating Income) 4. Changing Factors of Operating Income 5. Balance Sheets 6. Cash Flows II. Projections for the FY ending March 2018 1. Prof

  3. Slide 3: Summary of Financial Results

    Summary of Financial Results Operating income decreased year on year due to a transient factor, the provision of allowance for doubtful accounts of 10.9 B yen. Profit attributable to owners of parent was 4.7 B yen due to recording extraordinary income and loss. Proposed year-end dividend : 30 yen pe

  4. Slide 4: Segment Information (Net Sales)

    Segment Information (Net Sales) ICT : Approximately achieved its sales targets, incorporating the impact of decrease in sales for telecom carriers and of fire-fighting digital wireless system. Mechatronics systems : ATM demands in Chinese market was continuously in a lull. Businesses in other overse

  5. Slide 5: Segment Information (Operating Income)

    Segment Information (Operating Income) ICT: Operating income significantly improved primarily due to the effect of structural reform. Mechatronics systems: Recorded the provisions of allowance for doubtful accounts related to the receivables in Chinese business. Printers: Secured profits through the

  6. Slide 6: Changing Factors of Operating Income

    Changing Factors of Operating Income Operating income dropped on lower sales volume and the transient disposition of loss. (Billion yen) (5.0) Impact of Changes currency in price exchange Transient loss (4.0) (2.0) Changes in +2.5 +3.5 volume and 18.6 product mix Reduction in Changes in fixed produc

  7. Slide 7: Balance Sheets

    Balance Sheets Working capital was reduced due to inventory reduction while collecting notes and accounts receivables. Shareholders’ equity ratio and D/E ratio were improved through reduction in total assets. (Billion yen) Mar. 2017 Mar. 2016 Variance Current assets 231.5 277.6 (46.1) Fixed assets 1

  8. Slide 8: Cash Flows

    Cash Flows Cash flows from operating activities were considerably improved mainly due to improvement in working capital. Cash flows from investing activities saw a net cash inflow due to the share transfer of an affiliated company. Free cash flows saw a net inflow of 49.6 B yen. FY end. FY end. Vari

  9. Slide 9: I. Financial Results for the FY ended March 2017 II. Projections for the FY ending March 2018

    I. Financial Results for the FY ended March 2017 1. Summary of Financial Results 2. Segment Information (Net Sales) 3. Segment Information (Operating Income) 4. Changing Factors of Operating Income 5. Balance Sheets 6. Cash Flows II. Projections for the FY ending March 2018 1. Profit and Loss Projec

  10. Slide 10: Profit and Loss Projections

    Profit and Loss Projections OKI aims to develop its solid base for future growth. Net sales and operating income are expected to be almost the same level as last fiscal year except transient disposition of loss. Annual dividend plan: 50 yen per share (same as previous fiscal year) Currency exchange

  11. Slide 11: Segment Information

    Segment Information ICT: Invest in new businesses as well as securing stable profits. Mechatronics systems: Improve performance in Brazil and accelerate global expansion of ATM business. Printers: Focus on securing stable profits by implementing structural reform. FY end. Mar.2018 FY end. Mar.2017 (

  12. Slide 12: Changing Factors of Operating Income

    Changing Factors of Operating Income Operating income is expected to improve drastically due to the elimination of transient loss. Impact of currency Changes in (Billion yen) Changes exchange fixed costs, etc. in price (2.0) (1.0) +2.0 +1.5 (1.0) Changes in volume and Reduction in product mix produc

  13. Slide 13: Free Cash Flows Projections

    Free Cash Flows Projections Improvements in working capital will settle down. Shift its focus to investment and future growth while maintaining financial discipline. (Billion yen) FY end FY end Mar. 2018 Mar. 2017 Variance (Plan) (Results) Ⅰ Cash flows from operating activities 13.0 42.0 (29.0) Ⅱ Ca

  14. Slide 14: Capital Expenditure and R&D Expenses Projections

    Capital Expenditure and R&D Expenses Projections Property, Plant & Eqip. (Billion yen) R&D Expenses [Capital Expenditure] 12.5 1.5 Others 11.5 8.7 1.5 EMS 10.3 Others 2.0 1.3 4.0 2.0 0.7 Printers 1.5 Printers 1.9 1.7 2.0 Mechatronics 4.0 3.1 systems 3.3 Mechatronics 3.5 ICT systems 1.7 3.3 4.0 ICT F

  15. Slide 15: Reference

    Reference © Copyright 2017 Oki Electric Industry Co., Ltd. 15

  16. Slide 16: Segment Information (Full-year Net Sales and Operating Income)

    Segment Information (Full-year Net Sales and Operating Income） Net Sales Operating Income © Copyright 2017 Oki Electric Industry Co., Ltd. 16

  17. Slide 17: Quarterly Transition of Net Sales and Operating Income

    Quarterly Transition of Net Sales and Operating Income © Copyright 2017 Oki Electric Industry Co., Ltd. 17

  18. Slide 18: Quarterly Transition of Net Sales and Operating Income (ICT)

    Quarterly Transition of Net Sales and Operating Income(ICT) © Copyright 2017 Oki Electric Industry Co., Ltd. 18

  19. Slide 19: Quarterly Transition of Net Sales and Operating Income (Mechatronics Systems)

    Quarterly Transition of Net Sales and Operating Income(Mechatronics Systems) © Copyright 2017 Oki Electric Industry Co., Ltd. 19

  20. Slide 20: Quarterly Transition of Net Sales and Operating Income (Printers)

    Quarterly Transition of Net Sales and Operating Income(Printers) © Copyright 2017 Oki Electric Industry Co., Ltd. 20

  21. Slide 21: Quarterly Transition of Net Sales and Operating Income (EMS)

    Quarterly Transition of Net Sales and Operating Income(EMS) © Copyright 2017 Oki Electric Industry Co., Ltd. 21

  22. Slide 22: Sales by Region

    Sales by Region © Copyright 2017 Oki Electric Industry Co., Ltd. 22

  23. Slide 23: Quarterly Transition of Profit and Loss

    Quarterly Transition of Profit and Loss FY end. FY end. Mar. 31, 2016 FY end. Mar. 31, 2017 Mar. 31, 2018 Full year Results 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q （Billion yen） (Plan) Net sales 109.8 113.2 114.6 152.7 93.2 106.1 105.6 146.7 455.0 Operating income 3.5 0.1 3.9 11.1 0.7 (1.3) 1.0 2.1 13.0 Non-operati

  24. Slide 24: Financial Highlights

    Financial Highlights FY end. Mar. 31, 2016 FY end. Mar. 31, 2017 Results （Billion yen） 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Total assets 421.9 412.5 414.8 411.8 387.1 371.9 379.6 360.7 Net assets 119.8 113.6 110.6 107.4 99.2 93.1 92.5 97.2 Interest-bearing debt 109.5 114.8 118.3 122.1 118.7 107.8 109.7 87.0 Shar

  25. Slide 25: Notice

    Notice • The projections and plans in this material are based on information currently available to OKI as of the date of publication and certain assumptions judged as rational, therefore actual results are subject to change depending upon the changes of business environments and other conditions. •

  26. Slide 26: © Copyright 2017 Oki Electric Industry Co., Ltd.

    © Copyright 2017 Oki Electric Industry Co., Ltd. 26

Oki Electric Industry — FY2016 Earnings Presentation on 6ix