Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — H1 FY2011 Earnings Presentation
15 slides from Oki Electric Industry's earnings presentation, Nov 1, 2011
Slide 1: Financial Results for the First Half of FY ending March 31, 2012
Financial Results for the First Half of FY ending March 31, 2012 November 1, 2011 Oki Electric Industry Co., Ltd. •Indication method of amounts in hundred millions (yen) are as follow: Amounts in each item are rounded to the nearest hundred million yen. Variances are calculated in the hundred millio
Slide 2: Table of Contents
Table of Contents I. Financial results for the 1H, FY ending Mar. 2012 1. Segment information 2. Changing factors of operating income 3. Profit and loss 4. Balance sheets 5. Cash flows II. Full Year Projections for the FY ending Mar. 2012 1. Summary 2. Related information © Copyright 2011 Oki Electr
Slide 3: Summary of Segment Information
Summary of Segment Information 1H results: Net sales increased mainly in Info-telecom segment. Operating income achieved profit for 1H in seven terms due to increase in volume and improvement in variable costs. [YoY comparison] z Net sales increased by 2.5 B yen. (Impact of currency exchange:-1.4 B
Slide 4: Segment Information: Info-telecom Systems
Segment Information: Info-telecom Systems Net sales: ¾ Solutions & services: Net sales Sales increased due to the growth of ATM management (Billion yen) and monitoring and services, etc. 108.9 104.7 25.2 Mechatronics 23.7 systems ¾ Telecom systems: 9.5 8.0 Social Unit sales of GE-PON increased due t
Slide 5: Segment Information: Printers
Segment Information: Printers Impact of currency exchange: Net sales ¾Net sales declined by 1.4 B yen. Operating income (Billion yen) increased by 0.8 B yen. Net sales decreased by 1.8 B yen excluding the impact of 55.4 58.6 7.2 8.9 Others currency exchange. 7.2 7.0 SIDM ¾Color and Mono NIP: 10.7 Mo
Slide 6: Segment Information: EMS, Others
Segment Information: EMS, Others Net sales: Net sales ¾ EMS: 24.2 (Billion yen) - Business expanded favorably by utilizing its unique 22.6 business model, such as high-end type EMS. 8.7 7.9 Others - Sales increased due to obtaining new two orders for “plant full-outsourcing ” in measurement equipmen
Slide 7: Changing Factors of Operating Income
Changing Factors of Operating Income z Operating income improved by 7.2 B yen year-on-year due to the improvement in variable costs, impact of efforts in reducing fixed costs and appreciation of the yen against the dollar, in addition to improvement in marginal profit caused by increase in volume ma
Slide 8: 1H Profit and Loss
1H Profit and Loss [Y on Y comparison] SG&A decreased due to the impact of 1H 1H reducing fixed costs. (Billion yen) FY Mar. FY Mar. 2012 2011 Other income and expenses was almost the same as the previous year as foreign Net Sales 188.4 185.9 exchange loss increased, despite the decline in interest
Slide 9: Balance Sheet [Assets]
Balance Sheet [Assets] Total assets decreased by 21.8 B yen due to the reduction in notes and accounts receivables. Cash and cash equivalents increased by 2.1 B yen. Due to the tendency of larger sales in Q4 of the previous fiscal year, notes and accounts receivables at March end increased. These re
Slide 10: Balance Sheet [Liabilities and shareholders' equity]
Balance Sheet [Liabilities and shareholders’ equity] Shareholders’ equity decreased by 5.6 B yen due to recording net loss etc,. Interest bearing debt decreased by 11.5 B yen. Net interest bearing debt also decreased by 13.5 B yen to 58.9 B yen. (billion yen) Variance with Mar. 31, 2011 372.2 383.6
Slide 11: Cash Flows
Cash Flows Cash flow from operating activities amounted to 17.9 billion yen due to improvement in net income, etc,. FY March FY March Notes (Billion yen) end. 2012 end. 2011 Ⅰ Cash flows from operating activities 17.9 3.6 Net income before income taxes (2.3) (9.0) Depreciation & amortization 6.2 7.0
Slide 12: Table of Contents
Table of Contents I. Financial results for the 1H, FY ending Mar. 2012 1. Segment information 2. Changing factors of operating income 3. Profit and loss 4. Balance sheets 5. Cash flows II. Full Year Projections for the FY ending Mar. 2012 1. Summary 2. Related information © Copyright 2011 Oki Electr
Slide 13: Full Year Projections for the Fiscal Year end. Mar. 2012
Full Year Projections for the Fiscal Year end. Mar. 2012 OKI revises net sales and operating income in light of 1H Currency (Ref.) exchange rate in performance and the growing uncertainty over the world economy. 2H * These projections do not reflect the impact of the flood in Thailand as it is USD 8
Slide 14: Related information
Related information Topics for 2nd ¾Increase ATM management and monitoring and ATM-LCM services. half plans ¾Steady GE-PON sales due to strong set-up of optical lines. Expand sales for home gateway steadily. ¾Increase in large replacement of some governmental offices for social systems. ¾Expand sale
Slide 15: © Copyright 2011 Oki Electric Industry Co., Ltd.
© Copyright 2011 Oki Electric Industry Co., Ltd. 15
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