Optex Group Company Limited · TSE:6914
Optex — H1 2012 Earnings Presentation
29 slides from Optex's earnings presentation, 2012
Slide 1: Consolidated Second Quarter of F.Y. 2012 Presentation
OPTEX.CO., Ltd. Consolidated Second Quarter of F.Y. 2012 Presentation (Jan.1 to Jun.30, 2012)
Slide 2: 2012 Jun 2QT Consolidated Financial Report
Ⅰ. 2012 Jun 2QT Consolidated Financial Report 1．Summary of first half 2．Business by Segment 3．Free Cash flows 4．2012 Prospects Ⅱ. Pursuit of Sustainable Growth (Progress of Current FY Business Strategy) 2
Slide 3: Summary of first half: Net Sales
1. Summary of first half : Net Sales (Unit : Million yen) 6,000 RAYTEC The factor of change in net sales 5,108 5,075 (year-to-year comparison) 4,731 4,670 5,000 4,572 4,659 4,592 4,509 444 373 ＋9.2% ＋ ＋860 ＋ million yen 4,243 In January of this year we put our new European hub 3,921 warehouse into o
Slide 4: Summary of first half: Operating Income
1. Summary of first half : Operating Income (Unit : Million yen) 2,500 R&D investment Others Selling,general and administrative expenses → 2,000 1,500 1,824 1,611 1,770 1,423 1,412 1,547 1,576 1,566 1,510 1,000 1,378 500 600 360 361 378 352 358 390 414 436 421 417 Operating Income Ordinary Income Qu
Slide 5: Summary of first half: Factors of change in Operating Income
1. Summary of first half : Factors of change in Operating Income (Unit : Million yen) Gross operating income Selling and administrative Expenses Personnel cost Increase Factor 2 -166 Sales increase +588 Factor 1 Factor 4 Factor 3 R&D investment increase -73 Impact of exchange rate +63 Impact of exch
Slide 6: Security Sensors
Sensing Products Business 2. Outlook in Business Segments Security Sensors (Unit : Million yen) 3,000 2,484 2,403 2,500 2,174 2,085 2,029 1,973 1,988 2,000 1,914 1,878 1,712 1,500 1,000 500 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2011 2012 2010 4,114 4,887 Net Sales, Actual: 4,887 million yen (year-on-year
Slide 7: Automatic Door Sensors
Sensing Products Business 2. Outlook in Business Segments Automatic Door Sensors (Unit : Million yen) 1,000 914 865 809 820 817 800 721 718 748 730 669 600 400 200 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2010 2011 2012 1,539 1,731 Net Sales, Actual: 1,731 million yen (year-on-year change) +12% +192 million
Slide 8: Factory Automation Business
2. Outlook in Business Segments Factory Automation Business (Unit : Million yen) 1,500 1,357 1,188 1,207 1,200 1,141 1,149 1,158 1,097 1,021 913 957 900 600 300 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2010 2011 2012 2,395 2,115 Net Sales, Actual: 2,115 million yen (year-on-year change) –12% –280 million yen
Slide 9: Free Cash Flows
3. Free Cash Flows (Unit : Million yen) (Unit : Million yen) 1,500 ■Cash Flows of Operating Activities ■Cash Flows from Investing Activities Cash and Cash Equivalents ■Cash Flows from Financing Activities 10,000 1,000 351 8,000 1,104 6,476 6,343 6,523 6,180 255 6,032 1,096 6,000 918 745 500 722 748
Slide 10: Projection of second half
4.Projection of second half (Unit : Million yen) Pursue a sustainable business strategy, including the enhancement of existing businesses through new product development, initial steps toward development of emerging markets and development of new applications, particularly for large-scale facilities
Slide 11: Impact of exchange rate
Second Quarter of F.Y. 2012 Impact of exchange rate (Unit : Yen) 1． Assumed exchange rate 2011 first half 2012 first half 2012 Average rate Average rate Plan rate USD 82.0 79.8 79.9 GBP 132.6 125.7 122.9 EURO 115.0 103.5 101.7 2．Impact on our full-year performance by a-yen appreciation (Unit : Milli
Slide 12: Pursuit of Sustainable Growth
Ⅰ. 2012 Jun 2QT Consolidated Financial Report Pursuit of Sustainable Growth Ⅱ. (Progress of Current FY Business Strategy) ．Expansion of core businesses 1． ．Market development in emerging countries 2． ．Progress of RAYTEC & lighting business 3． ．Topics 4． ．Mid-Term Earnings Forecast 5． 12
Slide 13: Pursuit of Sustainable Growth
Pursuit of Sustainable Growth 2 emerging 【Development of newly 4 【Entry into new business fields】 country markets】 ・Latin America ・Electric railway and transportation-related ・ASEAN, India Market deployment ・Care business etc. ・Russia, China 1 【Expansion of core 3 【Development of new applications】 b
Slide 14: Expansion of core businesses
Business development review 1． Expansion of core businesses 2． Market development in emerging countries 3． Progress of RAYTEC & lighting business 4． Topics 5． Mid-Term Earnings Forecast 14
Slide 15: Business development review: product lineup
Business development review Strengthen lineup through rollout of new products and seek added value 2011 2012 2011 2012 Security For large-scale, critical facilities wireless General purpose intercom for Detector of Sensing low-price North America oil/gas pipeline General purpose indoor sensors leaks
Slide 16: Business development review: Sensing Security
(Sensing Security Business development review ‐Main application in overseas markets‐） Strengthen development of the security business for large-scale critical facilities, which offers high growth potential Indoor residential and commercial facilities Outdoor critical facilities ●Slack market growth,
Slide 17: Business development review: Sensing Automatic door
Business development review （Sensing Automatic door) Product differentiation based on safety, functionality and quiet operation + energy efficiency Japan markets Overseas markets ●Demand in the U.S. and Europe and in emerging ●Domestic construction demand is recovering gradually countries is expandi
Slide 18: Business development review: Factory Automation Business
Business development review （Factory Automation Business) Strive to differentiate application sensors centered on video, LED lighting, and displacement sensor products that offer greater added value General-purpose sensors Application sensors ●Strive to achieve differentiation by demonstrating ●Capi
Slide 19: Market development in emerging countries
Business development review 1． Expansion of core businesses ． 2． Market development in emerging countries 3． Progress of RAYTEC & lighting business 4． Topics 5． Mid-Term Earnings Forecast 19
Slide 20: Progress of market development in emerging countries
Market development in emerging countries Progress of market development in emerging countries Russia Russia China China ■Enter markets under police control by obtaining GOST ■ Create broader business opportunities utilizing all group certification products ・Certification application completed ・Devel
Slide 21: Progress of RAYTEC & lighting business
Business development review 1． Expansion of core businesses 2． Market development in emerging countries 3． Progress of RAYTEC & lighting business 4． Topics 5． Mid-Term Earnings Forecast 21
Slide 22: RAYTEC business's characteristics
RAYTEC business’s characteristics ■ RAYTEC’s characteristics (1) Global TOP Share Manufacture for Auxiliary Lighting Camera (2) Infrared Lighting for Night Vision & Visible LED Lighting for Long Distance (3) Various Product Line-up ■ Synergy ①Spread of outdoor long-distance security cameras to large
Slide 23: Progress of RAYTEC business
Progress of RAYTEC business Global launch of security lighting business – Identify new demand in North America, Asia and the Middle East 2011 【Sales by region】 2012 first half Asia Africa Mid. East Asia Africa 5.6% 0.5% 4.3% 0.1% 12.1% Mid. East UK 6.9% EU 37.4% UK 41.0% 37.9% USA EU USA 11.1% 25.5%
Slide 24: Progress of lighting business
Progress of lighting business Introduction of power-saving lighting systems for fee parking lots and commercial facilities ■We have introduced power-saving lighting systems for fee parking lots that use sensors to detect gate bar opening and closing and turn on additional LED lighting at the approac
Slide 25: Topics
1． Expansion of core businesses 2． Market development in emerging countries 3． Progress of RAYTEC & lighting business 4． Topics 5． Mid-Term Earnings Forecast 25
Slide 26: Topics
Topics Detection of human bodies/physical objects to state (abnormality) detection for critical facilities and large-scale facilities 【Overseas】 ・Test installations to detect pipeline oil and gas leaks have been completed in New Jersey in U.S. and in Colombia in South America. These installations te
Slide 27: Mid-Term Earnings Forecast
1． Expansion of core businesses 2． Market development in emerging countries 3． Progress of RAYTEC & lighting business 4． Topics 5． Mid-Term Earnings Forecast 27
Slide 28: Mid-Term Earnings Forecast
Mid-Term Earnings Forecast Pursue sustainable growth aimed at achieving our 2013 Medium-Term Management Plan Exchange rates exchange rate (Unit: million yen) 2011 result 2012 projection USD 79.8 USD 80 35,000 Core businesses 10,000 GBP 128.1 GBP 120 New businesses Operating Income EUR 111.1 EUR 100
Slide 29: Forward-looking statements notice
＊本資料で記述されている業績予想並びに将来予想は、現時点で入手可能な情報に基づき当社が判断した予想で あり、潜在的なリスクや不確実性が含まれています。そのため、様々な要因の変化により、実際の業績は記述されて いる将来の見通しとは大きく異なる結果となる可能性があることをご承知おき下さい。