TDK Corporation · TSE:6762
TDK — Q3 FY March 2019 Earnings Presentation
13 slides from TDK's earnings presentation, Jan 30, 2019
Slide 1: Consolidated Results for 3Q of FY March 2019
Consolidated Results for 3Q of FY March 2019 Consolidated Full Year Projections for FY March 2019 Tetsuji Yamanishi Senior Vice President © TDK Corporation 2019 Performance Briefing 3Q of Fiscal Year March 2019 Corporate Communications Group January 30, 2019 3
Slide 2: Key points concerning earnings for 3Q of FY March 2019
Key points concerning earnings for 3Q of FY March 2019 ● Net sales for 3Q rose 2.8% year on year. Operating income decreased 2.1% year on year ● Net sales, operating income, income before income taxes, and net income all achieved new record highs for a nine-month period ¬ Brisk sales of Capacitors f
Slide 3: Consolidated results for 3Q of FY March 2019
Consolidated results for 3Q of FY March 2019 FY March 2018 FY March 2019 Change 3Q results 3Q results (Yen billions) Yen billions % Net sales 341.1 350.8 9.7 2.8 Operating income 33.5 32.8 (0.7) -2.1 Operating income margin 9.8% 9.4% -0.4 pt - Income before income taxes 33.5 31.0 (2.5) -7.5 Net inco
Slide 4: 3Q results - Passive Components segment
3Q results - Passive Components segment Net sales (Yen billions) Net sales 106.7 billion yen (down 2.4% year on year) 109.3 106.7 Operating income 14.7 billion yen (up 8.1% year on year) ● Ceramic Capacitors ¬ Sales and profit increased year on year. ¬ Sales increased due to strong demand in the aut
Slide 5: 3Q results - Sensor Application Products segment
3Q results - Sensor Application Products segment Net sales Net sales 19.7 billion yen (down 8.8% year on year) (Yen billions) Operating loss -5.5 billion yen (up ―% year on year) 21.6 19.7 ● Sensors ¬ Temperature and Pressure Sensors achieved higher sales year on year atop growth in sales for automo
Slide 6: 3Q results - Magnetic Application Products segment
3Q results - Magnetic Application Products segment Net sales (Yen billions) Net Sales 66.4 billion yen (down 8.4% year on year) 72.5 66.4 Operating income 7.8 billion yen (up 13.0% year on year) ● HDD Heads and HDD Suspension Assemblies ¬ Sales decreased while profit increased year on year. ¬ Sales
Slide 7: 3Q results - Energy Application Products segment
3Q results - Energy Application Products segment Net sales Net Sales 145.4 billion yen (up 16.3% year on year) (Yen billions) 145.4 Operating income 24.6 billion yen (up 1.2% year on year) 125.0 ● Energy Devices (Rechargeable Batteries) ¬ Sales and profit increased year on year. ¬ Sales expanded for
Slide 8: Quarterly results by segment
Quarterly results by segment 3Q of 2Q of 3Q of YoY change QoQ change (C)-(A) (C)-(B) FY March 2018 FY March 2019 FY March 2019 (Yen billions) (A) (B) (C) Yen billions % Yen billions % Capacitors 40.1 43.9 42.7 2.6 6.5 (1.2) -2.7 Inductive Devices 40.3 41.6 39.5 (0.8) -2.0 (2.1) -5.0 Other Passive Co
Slide 9: Breakdown of operating income changes
Breakdown of operating income changes 3Q of 3Q of FY March 2018 Operating income -0.7 billion yen FY March 2019 33.5 billion yen 32.8 billion yen (Yen billions) Sales price Benefits from SG&A expenses Changes in sales reduction Rationalization, restructuring increase +6.5 (4.6) cost reduction One-ti
Slide 10: Consolidated results through 3Q
Consolidated results through 3Q of FY March 2019 FY March 2018 FY March 2019 Change Results through 3Q Results through 3Q (Yen billions) (2017.4.1-2017.12.31) (2018.4.1-2018.12.31) Yen billions % Net sales 964.7 1,072.7 108.0 11.2 Operating income 77.7 94.9 17.2 22.1 Operating income margin 8.1% 8.8
Slide 11: Full year / dividend projections
FY March 2019 full year / dividend projections FY March 2019 FY March 2019 FY March 2019 YoY change FY March 2018 full year projections full year projections full year projections full year results Yen billions % (Yen billions) (announced on Apr. 27, 2018) (announced on Oct. 31, 2018) (announced on
Slide 12: Cautionary statements with respect to forward-looking statements
Cautionary statements with respect to forward-looking statements This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings, and evaluations about TDK, or its group companies (TDK Group). These forward-looking
Slide 13: Text data including Q&A of performance briefing will be uploaded on following site. https://www.global.tdk.com/corp/e…
Text data including Q&A of performance briefing will be uploaded on following site. https://www.global.tdk.com/corp/en/ir/ir_events/conference/2019/3q_1.htm