Yokogawa Electric Corp. · TSE:6841
Yokogawa Electric — H1 FY2001 Earnings Presentation
20 slides from Yokogawa Electric's earnings presentation, March 2002
Slide 1: Semi-Annual Financial Results and Year-end Forecast
Semi-Annual Financial Results (ended Sep.30,2001) and Year-end Forecast
Slide 2: Business Result Annual Transition
Business Result Annual Transition ( Sales Million ) Income(Million ) 400,000 40,000 300,000 30,000 200,000 20,000 100,000 10,000 0 0 1 -100,000 -10,000 Operating Income Ordinary Income Net Income Sales (Million ) Sales 305,231 280,185 313,353 352,611 310,000 Operating Income 10,880 611 5,909 16,216
Slide 3: Business Result Semi-Annual Transition
Business Result Semi-Annual Transition ( Sales(Million ) Income(Million ) 300,000 30,000 200,000 20,000 100,000 10,000 0 0 FY99 1H FY99 2H FY00 1H FY00 2H FY01 1H FY01 2H -100,000 -10,000 Operating Income Ordinary Income Net Income Sales (Million ) FY99 1H FY99 2H FY00 1H FY00 2H FY01 1H FY01 2H Sal
Slide 4: FY01(1H) Segment Information
FY01(1H)Segment Information (Forecast & Results) FY01( ) Sales Operating Income (Billion (Billion Others Others Information Measurement Measurement Control Information Control 3 ©Yokogawa Electric Corporation
Slide 5: Segment Information Annual Basis FY01
Segment Information Annual Basis FY01( ) Sales (Billion Operating Income (Billion Others Others Information Measurement Measurement Control Control Information 4 ©Yokogawa Electric Corporation
Slide 6: Transition of Sales and Operating Income (Annual Basis)
Transition of Sales and Operating Income (Annual Basis) Sales Operating Income (Billion (Billion Others Information Measurement Others easurement Control Control Information 5 ©Yokogawa Electric Corporation
Slide 7: Information by Geographic Area
Information by Geographic Area Sales Operating Income Japan Asia Europe North America Others Total 1,643 1,070 634 201 92 2,375 (Million ) 1.4% 13.4% -6.6% 2.1% 3.4% 1.6% Japan Asia Europe North America Others Total 3,619 470 780 64 163 3,534 2.7% 6.9% -8.1% 0.8% 5.1% 2.2% FY99(1H) 121,406 7,970 9,5
Slide 8: Costs
Costs (Million¥) Research&Development Deoreciation Investments in Property,Plant,Equipment (Million ) Results Budget Consolidated FY96 FY97 FY98 FY99 FY00 FY01(1H) FY01 Research&Development 18,055 19,408 19,492 19,259 19,181 10,188 20,800 (Sales Ratio ) 6.4% 6.4% 7.0% 6.1% 5.4% 6.7% 6.7% Deoreciatio
Slide 9: Assets, Liabilities
Assets, Liabilities (Million ) Total Assets Shareholders' Equity Interest bearing Debt Shareholders' Equity Ratio Debt Equity Raio D/E (Million ) FY96 FY97 FY98 FY99 FY00 FY01(1H) Total Assets 423,975 439,392 400,543 420,706 410,831 367,185 Shareholders' Equity 180,472 177,705 171,003 177,596 200,03
Slide 10: Balance Sheet Item
Balance Sheet Item B/S Inventories Account Receivable (Million ) (Million ) 50,000 130,000 127,490 43,638 116,013 45,000 43,067 120,000 116,023 40,619 110,000 40,000 36,712 100,793 100,000 35,000 36,120 90,000 30,000 80,000 88,090 FY01(1H) FY01(1H) Cash on Hand Interest bearing Debt (Million ) (Mill
Slide 11: Profitability
Profitability EPS( ) ROA,ROE 140 14% 120 12% 100 10% 80 8% 60 6% 40 4% 20 2% 0 0% FY01(1H) -20 -2% -40 -4% -60 -6% FY01(1H) ( ) 14.9 29.6 17.7 23.4 103.7 22.1 0.9% 1.8% -1.1% 1.4% 6.1% -2.8% 2.2% 4.2% -2.5% 3.3% 13.5% -5.6% 10 ©Yokogawa Electric Corporation
Slide 12: Stock Value Information
Stock Value Information '99/6 9 12 '00/3 6 9 12 '01/3 6 9 Yokogawa Stock Value 715 760 721 954 1,060 991 965 1,100 1,110 863 TOPIX 1,416.20 1,506.83 1,722.20 1,705.94 1,591.60 1,470.78 1,283.67 1,277.27 1,300.98 1,023.42 '99/6 9 12 '00/3 6 9 12 '01/3 6 9 Yokogawa Stock Value 100 106 101 133 148 139
Slide 13: Dividends (Non-Consolidated)
Dividends(Non-Consolidated) (Million ) Net Income Total Dividends Net Income (Million ) Total Dividends (Million ) Dividends/Net Income Ratio Earning per Share 1 ( ) Dividends per Share 1 ( ) 12 ©Yokogawa Electric Corporation
Slide 14: Long Term Sales Forecast up to FY2005
Long Term Sales Forecast up to FY2005 2005 Control Measurement Others Information Growth Rate 13 ©Yokogawa Electric Corporation
Slide 15: Long Term Operating Income Forecast up to FY2005
Long Term Operating Income Forecast up to FY2005 2005 12.0 4.0 -2.1 -0.4 1.6 4.9 Control Measurement Others Information 14 ©Yokogawa Electric Corporation
Slide 16: Subsidiary Results (Top & Bottom 5)
Subsidiary Results(Top&Bottom 5) Sales Top5 5 Million ) FY01(1H)Results FY01 Subsidiary name Operating Income Ordinary Income Net Income FY01(1H)Sales FY00(1H)Sales Yokogawa Trading Co. 1 18,169 26,069 41 37 4 Yokogawa Electronics Manufacturing Co. 2 10,985 - 619 776 842 Yokogawa Europe B.V.(Holland
Slide 17: Monthly Orders Intake Transition
Monthly Orders Intake Transition (Non-Consolidated) (Million ) 25,000 20,000 15,000 10,000 5,000 0 '00/4 5 6 7 8 9 10 11 12 '01/1 2 3 4 5 6 7 8 9 Control Measurement Information Others '00/4 5 6 7 8 9 10 11 12 '01/1 2 3 4 5 6 7 8 9 Control 5,999 6,832 6,598 5,224 5,926 12,249 4,840 6,551 9,414 5,598
Slide 18: Orders by Industries (Non-Consolidated)
Orders by Industries(Non-Consolidated) FY01(1H) (Million Compared with (Total Amount;Million ) Type of Industry Control Measurement Information Others Total Percentage Previous Year 120,000 <Manufacturing> 101,577 Foods 1,511.2 52.2 294.1 15.1 1,872.5 2.1% 64.8% 100,000 Synthetic fiber 1,092.4 51.3
Slide 19: Orders by Industries FY00(1H) (Non-Consolidated)
Orders by Industries FY00(1H) (Non-Consolidated) FY00 Compared with Type of Industry Control Measurement Information Others Total Percentage Previous Year <Manufacturing> Foods 1,052.7 58.1 14.4 10.9 1,136.2 1.1% -13.2% Synthetic fiber 733.4 71.4 12.7 25.0 842.6 0.8% -37.9% Paper&Pulp 3,058.0 50.5 2
Slide 20: Overseas Order Intake Results by Region (Non-Consolidated)
Overseas Order Intake Results by Region (Non-Consolidated) (Million ) 30,000 28,828 25,000 23,939 22,271 20,000 19,082 19,649 17,858 15,515 15,000 10,000 5,000 0 FY98(1H) FY98(2H) FY99(1H) FY99(2H) FY00(1H) FY00(2H) FY01(1H) Far East,China South East Asia North America Western Europe Others FY99(1H)