Fujikura Ltd · TSE:5803
Fujikura — Q1 FY2017 Earnings Presentation
18 slides from Fujikura's earnings presentation, Jul 28, 2017
Slide 1: 1Q FY2017 Financial Results
1Q FY2017 Financial Results Fujikura Ltd. July 28, 2017
Slide 2: Contents
Contents 1. Reviews of 1Q FY2017 Financial Results 2. Reviews by Segment 1
Slide 3: 1. Reviews of 1Q FY2017 Financial Results
1. Reviews of 1Q FY2017 Financial Results 2
Slide 4: 1Q FY2017 Financial Results
1Q FY2017 Financial Results （Unit：Yen in billion） FY2017（Forecasted FY2016 FY2017 on May 9） 1H 1Q 1H Full Year 1Q Achieve- 1H Full Year ment Ratio Net Sales 145.6 305.2 653.7 166.5 49％ 340.0 700.0 Operating Income 5.6 13.8 34.2 7.0 44％ 16.0 38.0 （単位：億円） Ratio of Operating Income to 3.9 4.5 5.2 4.2 4
Slide 5: Summary of 1Q FY2017 Financial Results
Summary of 1Q FY2017 Financial Results Net sales increased on a YoY basis owing to the demand rise of each In-house Business Company and effects of appreciation of the copper price. Operating income increased on a YoY basis because of strong performance of Power & Telecommunication Systems Compan
Slide 6: 1Q FY2017 Contributing Factors to Net Sales Change
1Q FY2017 Contributing Factors to Net Sales Change（year-on-year basis） Net Sales （Unit：Yen in billion） Electronics Automotive Power & Business Products Other Telecommunication +0.4 Systems +1.7 Effects of +7.8 Effects of Copper Depreciation Price +5.8 of the Yen +4.0 +1.2 166.5 145.6 20.8 higher tha
Slide 7: 1Q FY2017 Contributing Factors to Operating Income Change
1Q FY2017 Contributing Factors to Operating Income Change（year-on-year basis） Operating Income （Unit：Yen in billion） Electronics Automotive Power & Business Products Telecommunication Change of Systems +1.2 depreciation Other (2.7) method +0.1 +2.4 +0.4 7.0 1.3 higher than 1Q FY2016 5.6 1Q FY2016 Re
Slide 8: 1Q FY2017 Extraordinary Profit and Loss
1Q FY2017 Extraordinary Profit and Loss Extraordinary Profit and Loss （Unit：Yen in billion） 1Q FY2016 1Q FY2017 Operating Income 5.6 7.0 Share of other comprehensive income of entities accounted for using 0.0 0.2 equity method Ordinary Income 4.5 7.5 Extraordinary Income 0.1 0.0 Extraordinary Loss 0
Slide 9: Consolidated B/S (1)
Consolidated B/S（１） （Unit：Yen in billion） As of March As of June Change 31, 2017 30, 2017 〈Assets〉 588.6 596.3 +7.7 Current Assets 296.5 298.2 +1.7 Cash and Deposits 31.7 28.4 (3.2) Notes and Account 148.9 147.5 (1.3) Receivable They Increased due to the seasonality in Inventories 92.5 101.4 +8.9 te
Slide 10: Consolidated B/S (2)
Consolidated B/S（２） （Unit：Yen in billion） As of March As of June Change 31, 2017 30, 2017 Total 588.6 596.3 +7.7 （Treasury Stock） ((5.9)) ((5.9)) ((0.0)) 〈Liability〉 364.0 365.5 +1.4 Notes and Account 77.2 76.8 (0.4) Payable Interest-bearing Debt 225.9 228.6 +2.7 Other Current 41.3 40.5 (0.8) Liabil
Slide 11: 2. Reviews by Segment
2. Reviews by Segment F Fujikura ——————
Slide 12: Financial Records and Forecasts by Segment
Financial Records and Forecasts by Segment （Unit：Yen in billion） Net Sales Operating Income & Ratio of Operating Income to Net Sales 1Q 1H 1Q 1H FY2017 1Q 1H 1Q 1H FY2017 Segment FY2016 FY2016 FY2017 Forecasts FY2016 FY2016 FY2017 Forecasts Power & 3.2 7.5 5.7 9.4 Telecommunication 80.3 162.5 90.4 1
Slide 13: Power & Telecommunication Systems Company
Power & Telecommunication Systems Company In 1Q, both net sales and operating income increased in power systems segment as well as telecommunication on a YoY basis. Achievement ratio of net sales in 1Q to 1H forecast is 50 %. That of operating income is 61 % owing to strong overseas businesses f
Slide 14: Electronics Business Company
Electronics Business Company In 1Q, both net sales and operating income increased on a YoY basis owing to the strong demand for FPCs and connectors in smartphone application. Achievement ratio of net sales in 1Q to 1H forecast is 45 %, and that of operating income is 30 % due to seasonality. （Un
Slide 15: Automotive Products Company
Automotive Products Company In 1Q, net sales increased on a YoY basis owing to new model opportunities. However, operating income decreased due to additional costs to respond to the unexpected high employee turnover rate in East European production sites. Achievement ratio of net sales in 1Q to
Slide 16: Real Estate Business Company
Real Estate Business Company Revenues from leasing real estate properties continue to contribute to consolidated operating income. （Unit：Yen in billion） Net sales and Ratio of Operating Income to Net Sales Real Estate Ratio of Operating Income to Net Sales Stable revenues from leasing properties
Slide 17: Contact and Special Notes
Special Notes: Statements in this presentation that relate to future results and events (including statements regarding Fujikura’s revenue and earnings guidance) are based on Fujikura’s current expectations. Actual results in future periods may differ materially from those currently expected because
Slide 18: Net Sales and Operating Income by Segment
【1Q FY2017 Financial Results Appendix】 Net Sales and Operating Income by Segment Net Sales Records and Forecasts by Segment Unit: Yen in Billion FY2017 FY2016 FY2017 Forecasts on May 9 Full 1Q 2Q 3Q 4Q 1H 2H 1Q 1H Est. Year Power Systems 45.1 46.3 50.2 54.4 91.4 104.6 196.0 50.4 97.0 Telecommunicati