Slide 1: Automotive & Industrial Systems Company Business Strategy
Automotive & Industrial Systems Company Business Strategy December 9, 2014 Panasonic Corporation Automotive & Industrial Systems Company President Yoshio Ito 2 / 20 Contents 1. FY2015 Progress 2. Midterm Business Plan and Automotive Business Strategy Copyright (C) 2014 Panasonic Corporation All Righ
Slide 2: FY2015 1H Result
3 / 20 Contents 1. FY2015 Progress 2. Midterm Business Plan and Automotive Business Strategy 4 / 20 FY2015 1H Result Sales and profit increased, FCF decreased (Yen: billions) +2% (y-y) 1,378.2 Sales 1,347.9 Sales - Strong system, battery and device businesses for automotive OP OP (OPM) 52.2 48.0 - R
Slide 3: Restructuring Progress / Eliminate Unprofitable Products
5 / 20 Restructuring Progress Have made solid progress on completing restructuring in FY2015 April: 3 diffusion plants in Hokuriku, Japan transferred to JV Semiconductor June: Assembly lines in Southeast Asia transferred June: R&D, production and sales forces integrated into new company August: SAW
Slide 4: Develop New Applications
7 / 20 Develop New Applications Shift focus to automotive and industrial applications to improve profitability Li-ion battery business FY13 FY14 FY15(e) ICT Automotive/ industrial Sales 100 (index) 112 134 OPM Negative Positive (0-5%) Positive (0-5%) 8 / 20 Contents 1. FY2015 Progress 2. Midterm Bus
Slide 5: Towards FY2019 / Automotive Business: 2 Trillion Yen Sales
9 / 20 Towards FY2019 Target 3.6 trillion yen sales including 2 trillion yen sales in automotive business <Sales by application> (Yen: trillions) +800 bil. yen 3.6 Others 2.7 2.8 ICT Industrial 2.0 Automotive 1.2 1.3 2.0 FY14 FY15(e) FY16(e) FY19(e) Midterm plan 10 / 20 Automotive Business: 2 Trilli
Slide 6: Li-ion Battery Business: Manufacturing Company at Tesla Gigafactory
11 / 20 Environment Li-ion Battery Business: Manufacturing Company at Tesla Gigafactory Collaborate with Tesla to develop and produce best EV battery Panasonic Energy Corporation of North America (100% owned by Panasonic) Increase production capacity in stages along with car production hike Reduce 3
Slide 7: Next-Generation Cockpit System / Expand Business Areas with M&A
13 / 20 Comfort Next-Generation Cockpit System (HUD*): Received First Order Note: HUD stands for Head-Up Display Take advantage group-wide collaboration to achieve smallest HUD Cockpit system HUD Display information to assist safe driving in environment with narrow viewpoint 14 / 20 Comfort Expand B
Slide 8: Safety: Sensor and ECU / Focus on ADAS
15 / 20 Safety Sensor and ECU* Note: ECU stands for Electronic Control Unit Support ‘cognition and judgment while driving’ with device gaining high market share and ECU Steering angle Camera module sensor Acceleration sensor ECU Back & corner sensor Angular rate sensor Weight sensor 16 / 20 Safety F
Slide 9: Expand Sales
17 / 20 Expand Sales Expand business with non-Japanese automakers adding to Japanese automakers Sales by client Sales by region (Yen: trillions) 2.0 (Yen: trillions) 2.0 19% Expand with strong 15% Tier 1 & 2 Emerging Focus on China device business countries 33% 42% 1.2 1.2 Non-Japanese Utilize FICOS
Slide 10: Disclaimer Regarding Forward-Looking Statements
Disclaimer Regarding Forward-Looking Statements This presentation includes forward-looking statements (that include those within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934) about Panasonic and its Group companies (the Panasonic Group). To the extent that statements in thi