Canon Marketing Japan Incorporated · TSE:8060
Canon Marketing Japan — Q1 2016 Earnings Presentation
26 slides from Canon Marketing Japan's earnings presentation, Apr 26, 2016
Slide 1: First Quarter 2016 Results
Canon Marketing Japan Inc. First Quarter 2016 Results April 26, 2016 Yoshiyuki Matsusaka Director & Senior Vice President * The figures are rounded off to the nearest 100 million yen in this material. * Forward-looking statements and results forecasts presented in this material are based on the mana
Slide 2: Summary of First Quarter 2016 Results
Summary of First Quarter 2016 Results Net sales ¥156.0 B （Y/Y ＋0.6B, ＋0.4％） Business solutions, IT solutions and Industrial equipment contributed to the increase of Net sales. Net sales decreased in the B to C Businesses due to the weakness of the market. Operating Income ¥5.2 B （Y/Y ＋1.7B, ＋49.8％
Slide 3: Summary of Results 1Q 2016 Actual
Summary of Results 1Q 2016 Actual (from January 1 to March 31) (Billions of yen) Summary of Results 1Q 2015 1Q 2016 Changes Amount % Net sales 155.4 156.0 +0.6 +0% (35.0%) (35.2%) (+0.2%) Gross profit 54.3 54.9 +0.6 +1% (2.2%) (3.3%) (+1.1%) Operating income 3.5 5.2 +1.7 +50% (2.4%) (3.4%) (+1.0%) O
Slide 4: Segment Outline
Segment Outline 1Q 2016 Actual (from January 1 to March 31) (Billions of yen) 1Q 2015 1Q 2016 Changes Net sales Op. Income Net sales Op. Income Net sales Op. Income Business Solutions 85.0 2.7 85.7 3.2 +0.8 +0.5 IT Solutions 36.3 1.0 37.5 1.5 +1.2 +0.5 Imaging System 34.5 -0.4 31.8 -0.3 -2.8 +0.1 In
Slide 5: 1Q 2016 Actual Business Solutions
1Q 2016 Actual Business Solutions Net Sales 85.7B （Y/Y ＋0.8B, ＋1％） Sales rose only slightly, reflecting an increase in office MFPs, IT solutions, and network cameras and a decrease in page printers and production printing. Operating Income 3.2B （Y/Y ＋0.5B, ＋19％） Operating income rose substantially
Slide 6: Products & Services included in New Product Groups
1Q 2016 Actual Business Solutions Products & Services included in New Product Groups • Production MFP (Cut Sheet method) • Continuous Feed Printers (Roll Paper method) Production • Wide Format Printers (Inkjet/Toner methods) Printing • Point of Purchase Advertising System • Related Service & Support
Slide 7: 1Q 2016 Actual IT Solutions
1Q 2016 Actual IT Solutions Net Sales 37.5B （Y/Y ＋1.2B, ＋3％） Sales rose, driven mainly by sales from large-scale projects related to SI services for financial institutions, system infrastructure building, and data centers. Operating Income 1.5B （Y/Y ＋0.5B, ＋47％） Operating income climbed, reflectin
Slide 8: 1Q 2016 Actual Imaging System
1Q 2016 Actual Imaging System Net Sales 31.8B （Y/Y -2.8B -8％） Sales fell on a decrease in shipments of interchangeable lens digital cameras and compact cameras. Operating Income -0.3B （Y/Y ＋0.1B, -％） Operating income improved from a year ago as a result of a reduction in selling, general and admin
Slide 9: 1Q 2016 Actual Industrial / Medical
1Q 2016 Actual Industrial / Medical Net Sales 8.1B （Y/Y ＋0.8B, ＋11％） Of industrial equipment, semiconductor-related equipment and inspection and measuring devices performed well, and sales increased. Operating Income 0.8B （Y/Y ＋0.7B, ＋572％） Of Industrial equipment, operating income climbed thanks
Slide 10: Summary of Projections
Summary of Projections * The target for FY2016 is unchanged from the previous update announced in January. [Reference] FY 2016 FY 2015 Changes (Billions of yen) Projection Actual Amount % Net sales 660.0 646.0 +14.0 +2% (4.1%) (4.1%) (-0.0%) Operating income 27.0 26.6 +0.4 +1% (4.3%) (4.3%) (-0.1%)
Slide 11: Projections Summary Outline
Projections Summary Outline * The target for FY2016 is unchanged from the previous update announced in January. FY 2015 FY 2016 Changes Actual Projection (Billions of yen) Op. Net sales Op. income Net sales Op. income Net sales income Business Solutions 326.9 9.0 334.1 9.2 +7.2 +2% +0.2 IT Solutions
Slide 12: Projections Segment Information: Business Solutions, IT Solutions
Projections Segment Information Sales of MFPs are expected to rise from a year ago, reflecting aggressive sales promotion, including the promotion of new products. Business The Company will take steps to gain new customers for page printers by adding new products to the product lineup, and continu
Slide 13: Projections Segment Information: Imaging System, Industrial/Medical
Projections Segment Information The Company aims to expand sales of mirrorless cameras, a market in which Company can expand share significantly, and Imaging expects that unit sales of interchangeable lens digital cameras will rise from the previous fiscal year. System The Company forecasts that o
Slide 14: Progress of Long Term Objectives Ph. III (2016-2020)
Progress of Long Term Objectives Ph. III (2016-2020) Newly Organized “ITS Company” ITS company was newly organized as an in-house company, that plan and promote the strategy to expand the IT solution businesses covering all business segments. Call Center Project Digital Marketing & EC Project Two
Slide 15: Supplementary Information
Supplementary Information
Slide 16: [Reference] Overall sales of IT Solutions
[Reference] Overall sales of IT Solutions (Billions of yen) 1Q 2015 1Q 2016 Changes Amount % Sales of IT Solutions 36.3 37.5 +1.2 +3% Sales other than the IT Solutions segment 15.8 16.3 +0.5 +3% Intersegment (elimination), etc. -7.7 -7.2 +0.5 - Total 44.4 46.7 +2.3 +5% 15 Supplementary Information
Slide 17: Capital Relationship Diagram
Capital Relationship Diagram 50.11% Canon Inc. Canon Marketing Japan Inc. 背面 174,762 73,303 100% Canon System & Support Inc 4,561 100% 100% Canon Production Printing Canon Software Inc. Systems Inc. 2,745 1,348 100% 100% Edifist Learning Inc. Canon MJ IT Group Holdings Inc. 100 100 100% Canon IT Sol
Slide 18: Results of main consolidated companies
Results of main consolidated companies (Billions of yen) 1Q 2015 1Q 2016 Changes Amount % Business Solutions Canon System & Support Inc. Net sales 31.4 32.8 +1.5 +5% Op. income 1.1 (3.5% ) 1.4 (4.2% ) +0.3 (+0.7% ) Canon Production Printing Systems Inc. Net sales 3.1 2.8 -0.3 -10% Op. income -0.1 (-
Slide 19: SG&A expenses
SG&A expenses (Billions of yen) FY 2015 FY 2016 Changes 1Q 1Q 1Q Advertising expenses 2.6 2.2 -0.4 Promotion expenses 1.3 1.2 -0.0 Warranty expenses 1.8 1.5 -0.4 Other direct selling expenses 5.3 5.3 +0.1 Personnel expenses 31.3 31.3 -0.0 Depreciation and amortization 0.5 0.5 +0.0 Other selling expe
Slide 20: Non-operating income and expenses
Non-operating income and expenses (Billions of yen) Non-operating income FY 2015 FY 2016 Changes 1Q 1Q 1Q Interest income 0.1 0.1 +0.0 Dividend income 0.0 0.0 +0.0 Insurance income 0.0 0.0 -0.0 Other 0.3 0.2 -0.1 Total 0.4 0.3 -0.1 Non-operating expenses FY 2015 FY 2016 Changes 1Q 1Q 1Q Interest
Slide 21: Extraordinary income and expenses
Extraordinary income and expenses (Billions of yen) Extraordinary income FY 2015 FY 2016 Changes 1Q 1Q 1Q Gain on sales of non-current assets 0.0 0.0 +0.0 Insurance income on disaster 0.0 - -0.0 Other - 0.0 +0.0 Total 0.0 0.0 -0.0 Extraordinary expenses FY 2015 FY 2016 Changes 1Q 1Q 1Q Loss on s
Slide 22: Balance Sheets
Balance Sheets Dec. 31 Mar. 31 2015 2016 Changes (Billions of yen) Notes and accounts receivable trade Assets 486.5 474.1 -12.4 Current assets 347.5 336.5 -11.0 Cash and deposits 99.6 98.4 -1.2 Notes and accounts receivable trade 125.9 113.6 -12.3 Inventories 30.0 32.5 +2.5 Other 92.1 92.0 -0.0 Non
Slide 23: Financial indicator: Operating income ratio/ROA/ROE
Financial indicator (Billions of yen) Operating income ratio/ROA/ROE Supplementary Information 22
Slide 24: Financial indicator: Payout ratio/EPS/Dividend per share
Financial indicator (Billions of yen) Payout ratio/EPS/Dividend per share Supplementary Information 23
Slide 25: Financial indicator: Cash Flow Investment
Financial indicator (Billions of yen) Cash Flow Investment 1Q 2Q-4Q FY Actual Projection Projection FY 2015 3.8 10.7 14.6 FY 2016 4.3 14.9 19.2 Depreciation and amortization 1Q 2Q-4Q FY Actual Projection Projection FY 2015 4.0 11.5 15.5 FY 2016 3.8 11.6 15.4 Supplementary Information 24
Slide 26: Canon Marketing Japan Inc.
Canon Canon Marketing Japan Inc.
Canon Marketing Japan — Q1 2016 Earnings Presentation on 6ix