Taiyo Holdings Co., Ltd. · TSE:4626
Taiyo — FY2015 Q3 Earnings Presentation
12 slides from Taiyo's earnings presentation, Jan 30, 2015
Slide 1: Consolidated Financial Result Digest FY2015 Q3
Consolidated Financial Result Digest FY2015 Q3 (Fiscal Year Ended March 31, 2015) Z TAIYO HOLDINGS CO., LTD January 30, 2015 Any information incorporated in this document is not intended for suggestion of purchase or sale of equity share of the company. All the description and projection are based o
Slide 2: Terminology
Terminology Term Definition PWB Materials Chemical products for printed wiring boards FPD Materials Chemical products for flat panel displays PDP Materials Chemical products for plasma display panels SR “Solder resist ink” or “solder mask” PKG Materials Chemical products for semiconductor packages C
Slide 3: Classification of product
Classification of product Group Category Type Remarks Rigid Liquid for protecting surface and insulating PWB SR materials insulating PKG/FPC Liquid/Dry Film materials for interlayer insulating and hole Build-up Liquid/Dry Film plugging build-up materials FPD for PDP, touch panel, and shielding condu
Slide 4: FY2015 Q3 Topics
FY2015 Q3 Topics 1 Consolidated subsidiary, Onstatic Technology Co., Ltd.(OTC) ※ Statements of income of OTC, whose profit and loss was accounted under the equity method in the FY2014 Q1, is consolidated from the FY2015 Q1. 2 JPY was slightly weaker than estimated exchange rate of 105yen/USD China m
Slide 5: FY2015 Q3 Consolidated financial results Results summary
FY2015 Q3 Consolidated financial results Results summary JPY millions FY2015 FY2015 FY2014 Q3 Forecast Q3 （A） YoY % （B） （A）/（B） Sales 33,090 36,881 +3,791 +11% 46,600 79% Operating Income 5,830 7,257 +1,427 +24％ 8,700 83% Ordinary Income 6,036 7,465 +1,429 +24％ 8,800 85% Net Income 3,859 5,281 +1,42
Slide 6: Sales (YoY) Breakdown of sales
FY2015 Q3 Sales (YoY) Breakdown of sales JPY millions Decrease in sales volume of FPD, fall in sliver prices +1,633 -1,684 +2,573 +1,269 Increase in sales volume FX rate appreciation, Newly consolidated of PWB etc. change in product subsidiary, OTC mix, etc. 36,881 33,090 FY2014 Q3 FY2015 Q3 Copyrig
Slide 7: Operating income (YoY) Breakdown of operating income
FY2015 Q3 Operating income (YoY) Breakdown of operating income JPY millions Decrease in sales volume of FPD +927 +769 -322 +53 FX rate appreciation, Increase in change in product Newly consolidated sales volume mix, etc. subsidiary, OTC of PWB etc. 7,257 5,830 FY2014 Q3 FY2015 Q3 Copyright © 2015 TA
Slide 8: Sales results by product group category
FY2015 Q3 Sales results by product group category Sales results by product group category JPY millions FY2014 Q3 FY2015 Q3 30,000 25,175 21,763 20,000 10,000 7,599 6,093 3,496 1,911 1,376 728 819 1,008 0 Rigid PKG/ FPC Build-up FPD Other Copyright © 2015 TAIYO HOLDINGS CO., LTD. All Rights Reserved.
Slide 9: Segment information
FY2015 Q3 Segment information Sales by segment JPY millions FY2014 Q3 FY2015 Q3 15,000 10,000 15,336 13,468 5,000 10,801 12,301 7,309 8,062 7,330 5,943 2,584 3,061 0 Japan China Taiwan Korea Other Operating income by segment JPY millions 3,000 2,000 2,638 1,000 2,050 1,946 1,565 1,353 1,039 855 951
Slide 10: Trend of quarterly performance
Trend of quarterly performance Sales vs. operating income JYP millions Sales（left axis） ● Operating Income (right axis） 14,000 3,000 12,000 2,500 10,000 2,000 8,000 1,500 6,000 1,000 4,000 2,000 500 ※Operating income ratio 11.8% 15.5% 13.8% 13.8% 17.7% 16.3% 13.5% 5.7% 12.5% 10.4% 9.9% 7.4% 12.1% 13
Slide 11: (Notes) Own-Shares Repurchase and Tender Offer
(Notes) Own-Shares Repurchase and Tender Offer The Board of Directors of Taiyo Holdings Co., LTD adopted a resolution on January 30, 2015 concerning implementation of an own-share repurchase by means of a Tender Offer. 【Summary of the Tender Offer】 Type of Shares Common shares Total Number of Shares
Slide 12: zxcv
Copyright © 2015 TAIYO HOLDINGS CO., LTD. All Rights Reserved. zxcv 11