Slide 1: Consolidated Business Results for the Third Quarter Ended December 31, 2011
CONSOLIDATED CONSOLIDATED BUSINESS BUSINESS RESULTS RESULTS FOR FOR THE THE THIRD THIRD QUARTER QUARTER ENDED ENDED DECEMBER DECEMBER 31, 31, 2011 2011 FEBRUARY 3, 2012 NSK Ltd. Cautionary Statements with Respect to Forward-Looking Statements Statements made in this report with respect to plans, str
Slide 2: Summary of Consolidated Business Results for FY2011:3Q
Summary of Consolidated Business Results for FY 2010:3Q Business Results for FY2011:Q3 ✓Consolidated Business Results for FY 2011:3Q (Oct.-Dec.) Net sales ¥184.7 billion （From last 3Q：+¥4.8 billion/2.7% increase) Operating income ¥10.3 billion （From last 3Q：-¥2.3 billion/18.8% decrease) Net income ¥
Slide 3: Summary of Consolidated Business Results for FY 2011:3Q
Summary of Consolidated Business Results for FY 2011:3Q （Billions of yen） ’11/3 ’12/3 Full year Full year Q3 Apr-Dec Full year 3Ｑ YOY Apr-Dec YOY <Forecast announced <Forecast announced ＜Actual＞ ＜ Actual ＞ ＜Actual＞ ＜Actual＞ % ＜Actual＞ % on 3,February> on 31, October> Sales 180.0 532.7 710.4 184.7 +2
Slide 4: Quarterly Business Performance
Quarterly Business Performance 250 (Billions of yen) Sales 200 178.8 180.0 177.6 185.8 184.7 174.0 166.1 150 100 50 0 11/3 1Q 2Q 3Q 4Q 12/3 1Q 2Q 3Q (Billions of yen) 25 Operating income Ordinary income 08/3期1Q 2Q 3Q 4Q 09/3期1Q 2Q Net income Operating income margin 20 7.0% 7.0% 5.9% 6.0% 6.0% 15 5.6
Slide 5: Results by Business Segment
Results by Business Segment （Billions of yen） ’11/3 ’12/3 Full year Q3 Apr-Dec Full year 3Ｑ YOY Apr-Dec YOY <Forecast announced ＜Actual＞ ＜ Actual ＞ ＜Actual＞ ＜Actual＞ % ＜Actual＞ % on 3,February> Total Sales 180.0 532.7 710.4 184.7 +2.7% 536.6 +0.7% 720.0 Operating Income 12.6 32.9 43.5 10.3 -18.8% 33
Slide 6: Business Segment Information - Industrial Machinery Business
Business Segment Information ― Industrial Machinery Business (Billions of yen) Sales (Billions of yen) Operating income/margin 100 15 Industrial Precision Machinery Systemized 90 Machinery and Parts Products 11.3% 11.3% 80 9.2% 9.3% 9.5% 68. 68.0 70 65. 65.7 65. 65.4 66. 66.2 65.1 60.8 6.1% 61. 61.8
Slide 7: Business Segment Information - Automotive Business
Business Segment Information －Automotive Business (Billions of yen) Sales (Billions of yen) Operating income/margin 140 14 116.9 120 105.6 106.6 107.5 104.5 109.9 12 6.9% 6.9% 100 5.9% 5.7% 5.6% 90. 90.2 5.0% 10 3.4% 6 0 .3 80 5 1 .5 5 1 .9 5 3 .5 5 3 .8 7.3 5 0 .6 8 7.4 4 3 .0 6.3 5.9 6.1 60 5.8 6
Slide 8: Results by Geographical Segment
Results by Geographical Segment （Billions of yen） ’11/3 ’12/3 Full year Q3 Apr-Dec Full year 3Ｑ Apr-Dec YOY YOY % <Forecast announced ＜Actual＞ ＜ Actual ＞ ＜Actual＞ ＜Actual＞ ＜Actual＞ % on 3,February> Total Sales 180.0 532.7 710.4 184.7 +2.7% 536.6 +0.7% 720.0 Operating income 12.6 32.9 43.5 10.3 -18.8
Slide 9: Results by Geographical Segment
Results by Geographical Segment Sales (Left) Japan Operating income (Right) The Americas (Billions of yen) (Billions of yen) (Billions of yen) (Billions of yen) 160 141.7 30 4 135.3 139.5 140.0 14 140 128.7 128.8 121.0 12 120 21.9 21.3 21.9 20.9 3 10 19.6 19.4 19.5 100 20 10.4 80 10.0 8 1.5 2 8.6 7.
Slide 10: Results by Customer Location
Results by Customer Location （Billions of yen） ’11/3 ’12/3 Full year Q3 Apr-Dec Full year 3Ｑ YOY Apr-Dec YOY <Forecast ＜Actual＞ ＜ Actual ＞ ＜Actual＞ ＜Actual＞ % ＜Actual＞ % announced on 3,February> Sales 180.0 532.7 710.4 184.7 +2.7% 536.6 +0.7% 720.0 Japan 93.4 269.3 354.5 96.7 +3.6% 267.6 -0.6% 360.5
Slide 11: Results by Customer Location
Results by Customer Location Net sales by customer location (Billions of yen) Quarterly business performance Compared to 2Q 250 J apan Th e A m e ri c as Asia：Despite the impact of the Thailand Floods, sales in Eu ro pe A si a the automotive business increased due to EPS demand expansion. In the ind
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Assets Liabilities and net assets Non- Non-current assets Current assets Net assets Non- Non-current Current Ratio of net worth liabilities liabilities to total capital （Billions of yen） （Billions of yen） 847.9 Change 847.9 Change from 2Q 791.8 788.6 793.5 from 2Q 791.8 78
Slide 13: Inventories, Interest-bearing Debt
Inventories, Interest-bearing Debt Inventories Interest-bearing debt Japan Non- Non-Japan Inventory turnover Japan Non- Non-Japan Net D/E ratio (Times) (Times) 6.7 6.5 0.69 6.2 0.63 0.65 6.1 0.60 (Billions of yen) 122.6 (Billions of yen) 329.4 117.0 111.6 288.5 291.2 44.7 106.4 274.6 32.7 38.0 34.0
Slide 14: Capital Expenditure, Depreciation
Capital Expenditure, Depreciation （Billions of yen) Capital Expenditure 60 Japan 17.5 Ｐｌａｎ Japan 13.1 Americas 3.0 Americas 1.7 50 Japan 9.4 Europe 3.3 Europe 3.4 46.0 Asia 14.9 Americas 1.8 38.7 Asia 15.9 3Q 40 Europe 2.0 34.1 Asia 10.8 Japan 4.2 Apr-Dec 30 Japan 3.7 24.0 Americas 1.0 Americas 1.0
Slide 15: Supplementary Information - Research & Development, Employees
Supplementary Information ―Research & Development, Employees (Billions of yen) 11/3 12/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q Full Year R&D 2.2 2.8 2.6 2.9 2.3 2.7 2.6 10.5 (No. of employees) 11/3 12/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q Employees 25,181 25,207 26,212 26,334 26,568 27,055 27,222 Japan 11,544 11,478 11,407 11,295