Slide 1: Consolidated Financial Results for Fiscal Year 2008 (ended March 31, 2009)
May 8, 2009 Consolidated Financial Results for Fiscal Year 2008 (ended March 31, 2009) Yamatake Corporation Automation can make people happy!
Slide 2: Contents
Contents Briefing: Financial r Results for FY2008 (ended March 31, 2009) 1 Financial Results for FY2008 (ended March 31, 2009) P.3 Radical Improvement of the azbil Group’s Business Structure 2 & Business Plan for FY2009 (ending March 31, 2010) P.13 3 FY2008 Dividends & FY2009 Dividends Forecast p.20
Slide 3: Financial Results for FY2008 (ended March 31, 2009)
Financial Results for FY2008 1 (ended March 31, 2009) Copyright © 2009 Yamatake Corporation All Rights Reserved. 3
Slide 4: FY2008 Operating Results
FY2008 Operating Results Owing to the sudden deterioration in the business environment from the third quarter onwards, sales were 236.2 billion yen, down 5.0% on the previous fiscal year. Despite the effect of the fall in sales, as a result of cost-cutting measures and strengthening of the profit st
Slide 5: Sales & Operating Income by Business Segment
Sales & Operating Income by Business Segment In spite of the sudden economic downturn, the BA business performance has remained robust. However, the AA business performance has been impacted by the freeze and cutbacks on capital investment. FY2007 FY2008 （ Apr.07-Mar.08） （ Apr.08-Mar.09） Difference
Slide 6: Building Automation Business
Building Automation Business The BA business achieved sales of 100.4 billion yen, on a par with the previous fiscal year’s results. Spurred by an improvement in profits for the business in new buildings, an operating income of 13.1 billion yen was recorded, an increase of 11.2% over the previous fis
Slide 7: Advanced Automation Business
Advanced Automation Business The AA business was impacted by the sudden freeze and cutbacks on capital investment; sales were 93.6 billion yen, a decrease of 11.2% on the previous fiscal year. Although the effect of the fall in sales was significant, progress was made with strengthening the business
Slide 8: Life Automation Business
Life Automation Business Sales for the LA business were 35.9 billion yen, a slight decrease of 1.5% on the previous fiscal year. However, progress has been made with strengthening the profit structure and, despite a doubling of the costs associated with goodwill depreciation,* operating loss was 0.2
Slide 9: International Business (Overseas Sales)
International Business (Overseas Sales) While some business growth was recorded in China and a few other countries, as a result of the abrupt cooling of the world economy and the strong yen overall sales were 18.0 billion yen, a decrease of 6.9% on the previous fiscal year. FY2007 FY2008 Difference
Slide 10: Consolidated Balance Sheets
Consolidated Balance Sheets Total assets were down 8 billion yen, a decrease of 3.5%, from the previous fiscal year ; this is attributed to the decrease in notes & accounts receivable-trade and inventories. Capital surplus rose by 4.6 billion yen with the new shares issued when Kimmon Mfg. became a
Slide 11: Trend of Balance Sheets
Trend of Balance Sheets Current of Assets Current of Liabilities & Net assets Billlions of yen Billion of Yen 250 230.7 250 230.7 228.8 220.8 Cash and 228.8 220.8 24.1 32.3 deposits Notes and accounts 42.2 42.1 36.0 200 37.9 Notes and 200 payable-trade 20.9 19.0 accounts receivable-trade 16.9 Borrow
Slide 12: Consolidated Cash Flow
Consolidated Cash Flow A high level of CF from operating activities was maintained with the decrease in notes & account payable-trade and inventories, despite a fall in income before income taxes. CF from investing activities was minus due to the completion of construction of the Advanced Technology
Slide 13: Radical Improvement of the azbil Group's Business Structure & Business Plan for FY2009
Radical Improvement of the azbil Group’s Business Structure & Business Plan for FY2009 2 (ending March 31, 2010) Copyright © 2009 Yamatake Corporation All Rights Reserved. 13
Slide 14: Three Core Businesses and Changes in the Economic Environment
Three Core Businesses and Changes in the Economic Environment ■ Building Automation Business (BA) Features of the azbil Group’s business portfolio: Drawing on its unrivalled expertise and experience in the domestic market, BA is a business tailored to the lifecycle There are three core businesses: B
Slide 15: Reinforcing the Business Foundation
Reinforcing the Business Foundation From FY2007 to FY2009, the period designated for “firmly establishing the foundation” for attaining the Group’s mission, reforms have been and continue to be steadily implemented. z Group-wide relocation & integration of sales z Developing products with high custo
Slide 16: Radical Improvement of the azbil Group's Business Structure
Radical Improvement of the azbil Group’s Business Structure With the even more challenging business conditions expected in FY2009, further impetus will be given to reforms, creating opportunities for further improving the business Make efforts to ensure optimum allocation of management resources, fo
Slide 17: Expansion of Business Domain Starting Toward Life-Science Market
Yamatake Takes Majority Stake in U.S. based BioVigilant Systems Expansion of Business Domain Starting Toward life-science Market Yamatake acquired BioVigilant Systems, Inc (Arizona, USA), a provider of instantaneous microbial detection technology, and has joined the azbil Group. With the Instantaneo
Slide 18: FY2009 Consolidated Operating Plan
FY2009 Consolidated Operating Plan As the final year of the medium-term plan designated for “firmly establishing the foundation,” which was implemented in FY2007, the Group will strive to thoroughly strengthen the profit structure, and promote business structure and business operation. Profits will
Slide 19: Operating Plan by Segment
FY2008 Operating Plan by Segment The BA business will suffer a fall in sales mainly due to the decrease in new large-scale redevelopment projects; however, supported by increased service business sales etc., operating income of 11.0 billion yen will be attained. With the continuous challenging busin
Slide 20: FY2008 Dividends & FY2009 Dividends Forecast
FY2008 (ended March 31, 2009) Dividends 3 FY2009 (ending March 31, 2010) Dividends Forecast Copyright © 2009 Yamatake Corporation All Rights Reserved. 20
Slide 21: FY2008 Dividends
FY2008 Dividends The annual dividends is planned to be 62 yen per share for the fiscal year 2008 ended March 31, 2009, as announced. （Interim） （Year-end） （Annual） FY2008 Planned 31 yen + 31 yen ＝ 62 yen Placing great importance on the profit sharing with shareholders, Yamatake issues the dividends o
Slide 22: FY2009 Dividends Forecast
FY2009 Dividends Forecast Challenging business environment is expected to put downward pressure on profits, Yamatake will aim to maintain the dividend level, issuing an annual dividends of 62 yen per share for FY2009. （Interim） （Year-end） （Annual） FY2009 （Forecast） 31 yen + 31 yen ＝ 62 yen The divid
Slide 23: Dividends per Share
Dividends per Share Since FY2003 the Group has continuously striven to raise the dividend level and actively implements profit sharing with its shareholders. 80 Yen Commemorative dividend Year-end dividend 60yen 62yen 62yen 60 Interim dividend 40yen+10yen 50yen （Commemorative dividend） 10 30 31 31 4
Slide 24: Supplementary Matters
Supplementary Matters Copyright © 2009 Yamatake Corporation All Rights Reserved. 24
Slide 25: Capital Investments, Depreciation and R&D cost
Capital Investments, Depreciation and R&D cost FY2007 FY2008 FY2009 （ Apr.07-Mar.08） （ Apr.08-Mar.09） （ Apr.09-Mar.10） Actual(A) Actual(B) Difference(B)-(A) ％ Plan(C) Difference(C)-(B) ％ ●Capital investments Yamatake 3.7 ｂil. 5.4 ｂil. 1.7 ｂil. 45.1 ％ 3.0 ｂil. (2.4) ｂil. (44.0) ％ Consoli. Sub. 0.8 ｂi
Slide 26: Human-centered automation closing slide
To realize safety, comfort and fulfillment in people’s lives, and contribute to the global environment through “human-centered automation.” Yamatake Corporation