Slide 1: FY2014 2nd Quarter Financial Results ended September 30, 2013
FY2014 2nd Quarter Financial Results ended September 30, 2013 October 31, 2013 This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Slide 2: Overview of FY2014 2nd Quarter Financial Results
Overview of FY2014 2nd Quarter Financial Results 01 / 21 １． １．Sales Sales and and Income Income increased increased from from the the previous previous year year (the (the highest highest for for the the first first half half period) period) 2. 2. Upward Upward revisions revisions of of FY2014 FY201
Slide 3: FY2014 2nd Quarter Financial Results
FY2014 2nd Quarter Financial Results 02 / 21 (Ratio to Sales) (Unit: Billions of Yen) FY2014 Forecast FY14 FY14 2Q 2Q YTD YTD FY13 FY13 2Q 2Q YTD YTD Change Change as of July. 31 Sales Sales １,973.0 １,973.0 1,987.9 1,987.9 1,733.1 1,733.1 +254.7 +254.7 +14.7% +14.7% Operating Operating Income 178.0
Slide 4: Change in 2nd Quarter Consolidated Sales By Customer
Change in 2nd Quarter Consolidated Sales 03 / 21 By Customer (Unit: Billions of Yen) OE Sales for others 808.2 After-market, 800 ( ):Change from FY13 2Q New business&Others 171.4 OE 9.9% Toyota 700 Sales 655.3 2 6 9 .1 Others (+ 17.6%) for FY13 Group others 2Q YTD 906.4 600 655.3 1,733.1 228.9 37.8%
Slide 5: Change in 2nd Quarter Consolidated Sales By Business Segment
Change in 2nd Quarter Consolidated Sales 04 / 21 By Business Segment (Unit: Billions of Yen) ( ):Change from FY13 2Q 1,987.9 2,000 1,733.1 56.9 Others (＋6.8%) Small Motors (＋9.9%) 1,800 138.9 53.3 Electronic 184.9 (＋11.4%) 1,600 126.4 Information 166.0 307.7 & Safety Systems (＋6.4%) 1,400 1,200 289.
Slide 6: Change in 2nd Quarter Operating Income
Change in 2nd Quarter Operating Income 05 / 21 (Unit: Billions of Yen) +66.0 192.2 Currency exchange 31.9 -17.0 +13.5 gain Labor +19.0 Production 136.3 cost -14.0 volume -7.0 Variable increase Expense Raw cost material -1.1 -3.5 reduction cost Depre- ciation Others Operating （Mix) Operating Income I
Slide 7: 2nd Quarter Geographical Segments by Company Location
2nd Quarter Geographical Segments by Company Location 06 / 21 (Unit: Billions of Yen) ( ): Local Currency Base [ ]: Ratio to Sales 1,400 1,000 1,329.8 Operating Sales 150 120 143.7 [10.8%] Income 900 1,300 +7.8% 1,234.0 800 1,200 130 100 +52.8% 700 1,100 +28.7% （+5.8%） 80 110 600 +33.9% 94.0 500 （+8
Slide 8: FY2014 Financial Forecast
FY2014 Financial Forecast 07 / 21 (Ratio to Sales) (Unit: Billions of Yen) FY2014 FY2014 FY2014 Forecast Revised FY2013 FY2013 Change Change as of Ｊｕｌ.31 Revised Sales Sales 3,890.0 3,890.0 4,010.0 4,010.0 3,580.9 3,580.9 +429.1 +429.1 +12.0% +12.0% Operating Operating Income 335.0 (8.6%)335.0 (9.0%
Slide 9: Change in FY2014 Operating Income
Change in FY2014 Operating Income 08 / 21 (Unit: Billions of Yen) +91.0 360.0 Currency +35.0 exchange Variable gain -33.0 +57.0 cost Labor reduction 262.4 cost Production -28.0 -8.0 volume increase Expense Raw -5.7 -10.7 material Others Operating cost （Mix) Operating Income Depreciation Income FY13
Slide 10: FY2014 Geographical Segments by Company Location
FY2014 Geographical Segments by Company Location 09 / 21 (Unit: Billions of Yen) ( ): Local Currency Base ( ): Local Currency Base 2,000 2,800 2,667.0 Sales 200 264.0 Operating [ ]: Ratio to Sales 280 2,600 1,800 2,463.6 [9.9%] Income 180 260 +8.3% +54.7% 2,400 1,600 240 160 2,200 1,400 220 140 1,20
Slide 11: Return to Shareholders
Return to Shareholders 10 / 21 Dividend (Yen) (Yen) (Billions of Yen) (Billions of Yen) Net Income 100 94 300 264.0 80 Year-end 64 47 200 60 46 181.7 46 143.0 Year-end 40 Year-end 37 23 Interim 27 89.3 100 73.4 Interim 47 20 Interim 23 27 0 0 FY10 FY11 FY12 FY13 FY14F FY2014F FY2014FAnnual AnnualDiv
Slide 12: Topics
Topics 11 / 21 11．Global ．Global Mid-term Policy Mid-term Policy 22．On-going ．On-going TTechnology echnology Developments Developments （１） Fuel （１） Fuel Saving Saving Products Products （２） Driving （２） Driving Assist and Safety Assist and Safety Products Products （３） Information （３） Information and a
Slide 13: Global Mid-term Policy
Global Mid-term Policy 12 / 21 DENSO DENSOGroup ’s Global Group’s GlobalMid -term Policy Mid-term Policy １．Strategies to expand business for ensuring our continuous growth in future years (1) Strengthen relationship with major automakers and expand business in growing emerging markets (2) Develop sy
Slide 14: On-going Technology Developments (Fuel Saving Products)
On-going Technology Developments (Fuel Saving Products) 13 / 21 Technology TechnologyInnovations Innovationsfor forFuel FuelEfficiency/CO2 Efficiency/CO2 Reduction Reduction ¾ Higher Output Internal Combustion Smaller Engine Fuel-efficient Compact Car - Gasoline Direct injection Smaller and Lighter
Slide 15: Smaller and Lighter Hybrid Components
Hybrid On-going Technology Developments (Fuel Saving Products) 14 / 21 Smaller Smallerand andLighter LighterHybrid HybridComponents Components DCDC converter Inverter Energy saving air Battery monitor unit conditioning system Battery pack Cooling fan HV ECU radiator HV- ICE T/M Main Charger battery
Slide 16: Driving Assist and Safety Products
Safety On-going Technology Developments Driving Assist and Safety Products 15 / 21 ( ) Safety SafetySystems Systems Extraordinary Safety Help ensure safety in case of emergency (Damage reduction in case Pre-Crash Safety of the car crash） Severe accident Minor accident Everyday confidence Near-miss A
Slide 17: Driving Assist and Safety Products: Preventive Safety Packages
Safety On-going Technology Developments Driving Assist and Safety Products16 / 21 ( ) Analysis of accidents Trend of laws, regulations and ratings Customer’s needs Suggest tthree hree preventive safety product packages ＡＥＢ Road Departure Prevention Ｐｒｅｍｉｕｍ Autonomous Emergency Braking (Intersection
Slide 18: Information and Communication Products: In-Vehicle Information System
On-going Technology Development IVI (Information and Communication Products) 17 / 21 InIn-Vehicle -Vehicle Information Information(IVI) (IVI)System System Increasing IT functions without sacrificing driving safety ① Heads-up Display ② Renewable Systems ③ Mobile Connectivity 【Features】 ①Provide ①Prov
Slide 19: DENSO's Development Network
DENSO’s Development Network 18 / 21 Core Technical Centers (T/C) and Satellites NA Europe Asia & Oceania China India SA Core T/C Japan Germany Thailand Santa Michigan Shanghai Deli Barbara (Aachen) (Bangkok) Domestic Group UK, Italy, Vietnam, North and South Satellite companies Tennessee, California
Slide 20: Global Production Network
Global Production Network 19 / 21 Capital Expenditures FY14 Mexico ＜Silao Plant＞Expand 280 billions of yen Investment ： approx. US$51.4 million Operation Start : October 2013, October 2014 ( Increase +49.4 bil yen ( +21%) from previous year ) Employees： 850 people by 2015 Total floor area ：56,200㎡ ・
Slide 21: New Business
New Business 20 / 21 By using the technologies it has developed for automotive components, DENSO will become more familiar to people in their daily lives, and help to create a society where people can use desired services whenever needed. Environment - Low CO2 society - Environmental protection, rec
Slide 22: DENSO Group Long-Term Policy 2020
DENSO Group Long-Term Policy2020 21 / 21 Protecting Lives, Preserving the planet, and Preparing a bright future for generations to come Preserve the Planet Security & Safety Our mission in next 10 years This information is the exclusive property of DENSO CORPORATION. Without their consent, it may no
Slide 23: © DENSO CORPORATION All rights reserved.
2009. 6. 25 © DENSO CORPORATION All rights reserved. This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Slide 24: Appendix
Appendix ･ 2nd Quarter(3months) Geographical Segments by Company Location ・ Non-Consolidated Financial Results ･ Pre-Conditions (Foreign Exchange Rate/Car Production) ･ Consolidated Sales by Customer ･ Consolidated Sales by Business Segment ･ Capital Expenditures, Depreciation and R&D This informati
Slide 25: 2nd Quarter (3 months) Geographical Segments by Company Location
2nd Quarter(3months) Geographical Segments by Company Location (Unit: Billions of Yen) ( ): Local Currency Base ( ): Local Currency Base [ ]: Ratio to Sales 650 550 676.2 Sales 700 55 684 Operating 613.2 [10.1%] 600 500 650 Income 50 550 450 +10.3% 45 389 +75.8% 500 400 40 [6.3%] 350 450 35 +38.5% +
Slide 26: Non-Consolidated Financial Results
Non-Consolidated Financial Results Income Statements (Ratio to Sales) (Unit:Billions of Yen,%) Change FY2014 Forecast Change from FY13 Account FY2014 2Q YTD FY2013 2Q YTD Amount Percent Forecast as of Jul. 31 Forecast as of Oct. 31 Amount Percent Net Sales ( 100.0 ) 1,221.2 ( 100.0 ) 1,145.2 76.0 6.
Slide 27: Pre-Conditions (Foreign Exchange Rate/Car Production)
Pre-Conditions (Foreign Exchange Rate/Car Production) FY2014 Full Year FY2014 First-Half FY2014 Second-Half Forecast Forecast Forecast Forecast Revised Forecast Forecast Revised Prior Year Actual Change Prior Year Change Prior Year Change (Original) as of Jul.31 (Original) as of Jul.31 Forecast (Ori
Slide 28: Consolidated Sales by Customer
Consolidated Sales by Customer (Unit: Billion of Yen) FY2014 FY2013 Change Ended Sep. 30, 2013 Ended Sep. 30, 2012 Amount % to Total Amount % to Total Amount Percent Toyota 904.7 45.5 830.5 47.9 74.2 8.9 Daihatsu 55.4 2.8 50.5 2.9 4.8 9.5 Hino 26.7 1.3 25.4 1.5 1.3 5.0 Toyota Group 986.7 49.6 906.4
Slide 29: Consolidated Sales by Business Segment
Consolidated Sales by Business Segment (Unit: Billion of Yen) FY2014 FY2013 Change Ended Sep. 30, 2013 Ended Sep. 30, 2012 Amount % to Total Amount % to Total Amount Percent Powertrain Control 692.7 34.8 591.8 34.1 100.8 17.0 Thermal 606.8 30.5 506.5 29.2 100.3 19.8 Information & Safety Systems 307.
Slide 30: Capital Expenditures, Depreciation and R&D
Capital Expenditures, Depreciation and R&D (Unit: Billion of Yen) 2Q YTD Progress FY14 FY13 Change to FY14 Estimate from PY Estimate 2QYTD 2QYTD Japan 59.4 124.3 68.4 131.0 15.2% 52.2% North America 8.2 20.5 21.1 39.0 157.3% 54.1% Europe 8.2 19.1 11.2 22.0 36.6% 50.9% Asia & Oceania 25.6 62.6 44.3 8