Oki Electric Industry Company, Limited · TSE:6703

Oki Electric Industry — FY2014 Earnings Presentation

19 slides from Oki Electric Industry's earnings presentation, May 8, 2015

  1. Slide 1: Financial Results for the Fiscal Year ended March 31, 2015

    Financial Results for the Fiscal Year ended March 31, 2015 May 8, 2015 Oki Electric Industry Co., Ltd. • Indication method of amounts in hundred millions yen is as follows: Amounts in each item are rounded to the nearest hundred million yen. Variances are calculated in the hundred millions. • The pr

  2. Slide 2: Table of Contents

    Table of Contents I. Financial results for the FY ended March 2015 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows II. Projections for the FY ending March 2016 1. Policy for FY ending March 2016 2. Se

  3. Slide 3: Overall condition of the Group

    Overall condition of the Group Net sales increased by 57.1 B yen, and operating income increased by 5.2 B yen year on year. OKI marked increases both in net sales and operating income in all segments. FY end Mar. 2015 FY end Mar. 2014 (Billion yen) Operating Operating Net sales income (loss) Net sal

  4. Slide 4: Segment Information: Info-telecom Systems

    Segment Information: Info-telecom Systems Net sales increased by 48.9 B yen year on year.  Solutions & services: Net sales - Sales for government offices and enterprises were approximately steady though sales for financial institutions 352.5 (Billion yen) decreased. 303.6  Telecom systems: 120.7 M

  5. Slide 5: Segment Information: Printers

    Segment Information: Printers Net sales increased by 4.5 B yen year on year. Net sales Color and mono LED printers: (Billion yen) - Color LED printers: Sales remained nearly flat from 129.3 124.8 3.5 3.5 the previous fiscal year though product mix 14.0 14.0 Others improvement progressed. Dot Impact

  6. Slide 6: Segment Information: EMS, Others

    Segment Information: EMS, Others Net sales Net sales: (Billion yen)  EMS: 58.4 54.7 Sales increased as planned by acquiring new 18.1 customers since OKI brand as high-end EMS was 17.6 Others penetrated into customers. 40.3 37.1  Others: EMS Sales in components related business, such as reed switch

  7. Slide 7: Changing Factors of Operating Income

    Changing Factors of Operating Income Operating income increased due to product mix improvement, in addition to rise in sales volume. (Billion yen) Changes +1.0 (3.0) in price Impact of (2.5) +3.5 currency Changes in exchange Reduction in fixed costs, +6.5 production etc. and procurement Changes in c

  8. Slide 8: Profit and Loss

    Profit and Loss [Y on Y comparison] FY Mar. FY Mar. (Billion yen) 2015 2014 Other income and expenses: Exchange gain decreased (from 11.3 Net Sales 540.2 483.1 B yen to 7.0 B yen). Cost of Sales 399.7 354.6 Extraordinary income/loss improved since there were no costs associated SG&A 108.1 101.3 with

  9. Slide 9: Balance Sheets

    Balance Sheets Total assets increased by 26.9 B yen to 439.4 B yen. Shareholders’ equity increased by 30.9 B yen. Shareholders’ equity ratio expanded from 21.5% to 27.2%. D/E ratio improved from 1.3 times to 0.9 times. (Billion yen) [Assets] [Liabilities and shareholders’ equity] 439.4 412.5 Varianc

  10. Slide 10: Cash Flows

    Cash Flows Free Cash flows saw a net inflow of 22.4 B yen due to improvement in net income and working capital. FY end. FY end. March March (Billion yen) 2015 2014 Ⅰ Cash flows from operating activities 41.0 31.9 Net income before income taxes 37.5 31.8 Depreciation & amortization 14.5 14.2 Changes

  11. Slide 11: Projections for the FY ending March 2016

    I. Financial results for the FY ended March 2015 1. Overall condition of the Group 2. Segment information 3. Changing factors of operating income 4. Profit and loss 5. Balance sheets 6. Cash flows II. Projections for the FY ending March 2016 1. Policy for FY ending March 2016 2. Segment information

  12. Slide 12: Policy for FY ending March 2016

    Policy for FY ending March 2016 Consolidate a foothold for achieving goals for Mid-term Business Plan 2016  Expand sales in growth areas - In overseas ATMs, accelerate deployment to other emerging countries while ensuring business base in China. - Proactively cultivate Brazilian market by providing

  13. Slide 13: Summary of segment information

    Summary of segment information [Currency exchange rate] [Full year comparison] FY end. FY end.  Net sales is expected to increase by 4.8 B yen to 545.0 B yen. Mar.2016 Mar.2015  Operating income is expected to decrease by 2.4 B yen to 30.0 B USD 120.0 109.9 yen. EUR 135.0 138.8 FY end. Mar.2016 FY

  14. Slide 14: Segment information

    Segment information [Info-telecom] [Printers] [EMS, others] Net sales Net sales Net sales (Billion yen) (Billion yen) (Billion yen) 340.0 352.5 140.0 3.0 13.0 129.3 3.5 120.7 Mechatronics systems 14.0 Others 65.0 137.0 35.0 SIDM 58.4 Social 33.0 19.0 infrastructure Mono LED 18.1 Others 58.9 systems

  15. Slide 15: Changing factors of operating income

    Changing factors of operating income Fixed costs, including personnel expenses and depreciations in overseas manufacturing sites due to rise in sales volumes, and sales investment are planned to increase. Impact of currency Changes exchange (Billion yen) in price (2.5) Changes in +2.0 (2.5) +3.0 fix

  16. Slide 16: Profit and loss projections

    Profit and loss projections  Ordinary income and net income are not projected in the impact of exchange gain in other income, which was recorded the previous fiscal year (7.0 B yen) .  Annual dividend plan: 5 yen per share (interim period :2 yen, year-end: 3 yen) FY end. Mar. 2016 FY end. Mar.2015

  17. Slide 17: Free cash flows projections

    Free cash flows projections Secure stable cash flows and strengthen financial foundation FY end Mar. FY end Mar. (Billion yen) 2016 (Plan) 2015 (Results) Ⅰ Cash flows from operating activities 35.0 41.0 Ⅱ Cash flows from investing activities (20.0) (18.6) Free cash flows (Ⅰ+Ⅱ) 15.0 22.4 [Balance of

  18. Slide 18: Capital expenditure and R&D expenses projections

    Capital expenditure and R&D expenses projections Enhance investment proactively in each business segment Property, Plant & Eqip. (Billion yen) R&D Expenses [Capital Expenditure] 15.0 2.5 13.8 10.2 11.5 Others 13.0 13.5 1.6 1.0 1.3 2.2 2.0 0.7 4.0 EMS 2.1 0.7 Others 2.6 3.1 2.0 2.6 2.5 Printers 5.6 6

  19. Slide 19: © Copyright 2015 Oki Electric Industry Co., Ltd.

    © Copyright 2015 Oki Electric Industry Co., Ltd. 19

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