Yokogawa Electric Corp. · TSE:6841

Yokogawa Electric — H1 FY2002 Earnings Presentation

28 slides from Yokogawa Electric's earnings presentation, March 2003

  1. Slide 1: YOKOGAWA

    15 3 2002 11 12 nA YOKOGAWA

  2. Slide 2: FY02 results summary

    FY02 162,000 157,900 155,118 ▲ 6,882 ▲ 1,400 ▲ 3,900 ▲ 2,712 ▲ 1,312 ▲ 3,600 ▲ 6,300 ▲ 4,944 ▲ 1,344 .2% .0% 200 ▲ 2,600 ▲ 2,882 ▲ 3,082 .1% .6% .9% .0% 1 ©Yokogawa Electric Corporation

  3. Slide 3: FY02 consolidated results

    FY02 ( ) 1,524 1,692 1,551 27 16 ▲ 24 ▲ 27 ▲ 43 ▲ 11 ▲ 39 ▲ 49 ▲ 38 ▲ 54 ▲ 85 ▲ 29 25 2 ©Yokogawa Electric Corporation

  4. Slide 4: Orders and Sales

    (FY02 ) Orders Sales ( ) 1,800 1,778 1,620 ( 22) 1,551 ( 69) Others Others ( 21) ( 15) Information Information ( 26) ( 8) Measurement ( 52) Measurement ( 63) Control Control (+17) (+77) 3 ©Yokogawa Electric Corporation

  5. Slide 5: Orders and Sales

    ( ) Orders ( ) Sales 4 ©Yokogawa Electric Corporation

  6. Slide 6: Sales and Operating Income

    (FY02 ) Sales Operating Income (100Million ) 1,620 1,579 1,551 Others Information Measurement Control 5 ©Yokogawa Electric Corporation

  7. Slide 7: ©Yokogawa Electric Corporation

    ( 849 1,524 1,584 1,551 751 752 422 (127) 328 250 6 ©Yokogawa Electric Corporation

  8. Slide 8: FY02 forecast

    FY02 3,108 3,387 3,650 3,350 17 ▲ 79 72 15 ▲ 61 ▲ 99 54 ▲ 15 ▲ 231 ▲ 290 48 ▲ 130 7 ©Yokogawa Electric Corporation

  9. Slide 9: Forecast by segment

    ( ) ( ) 3,650 3,900 3,387 3,350 3,600 3,108 3,417 3,179 Others Others Information Information Measurement Measurement Control Control 8 ©Yokogawa Electric Corporation

  10. Slide 10: ©Yokogawa Electric Corporation

    ( ) ( ) 9 ©Yokogawa Electric Corporation

  11. Slide 11: Segment Information

    Segment Information ( ) 3,650 3,387 3,350 3,108 Others Information Measurement Control 10 ©Yokogawa Electric Corporation

  12. Slide 12: ©Yokogawa Electric Corporation

    15.8 17.4 ▲ 27.1 15.0 22.4 48.7 15.8 ▲ 30.0 49.6 127.3 38.1 ( ▲ 11.4 ▲ 61.2 ▲ 49.4 ▲ 15.0 7.4 13.1 75.7 35.5 159.9 18.0 ▲ 115.0 ▲ 39.5 ▲ 208.0 8.3 ( 135.5 14.7 23.1 37.2 ▲ 54.2 ▲ 231.1 ▲ 28.9 ▲ 130.0 11 ©Yokogawa Electric Corporation

  13. Slide 13: ©Yokogawa Electric Corporation

    12 ©Yokogawa Electric Corporation

  14. Slide 14: ©Yokogawa Electric Corporation

    13 ©Yokogawa Electric Corporation

  15. Slide 15: ©Yokogawa Electric Corporation

    14 ©Yokogawa Electric Corporation

  16. Slide 16: ©Yokogawa Electric Corporation

    1,472 762 710 02 45.4 47.7 ( 28 ) 15 ©Yokogawa Electric Corporation

  17. Slide 17: Business Result Annual Transition

    Business Result Annual Transition ( ) Sale s Million ) Incom e (Million ) 400,000 40,000 300,000 30,000 200,000 20,000 100,000 10,000 0 0 1 2 2 -100,000 Fore cast Re vised -10,000 -200,000 -20,000 -300,000 -30,000 Operating Income Ordinary Income Net Income Sales FY02 FY02 Difference (b)-(a) Sales 3

  18. Slide 18: 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 FY00 1H FY00 2H FY01 1H FY01 2H FY02 1H -100,000 -10,000 -200,000 -20,000 Operating Incom e Ordinary Incom e Net Incom e Sales FY00 1H FY00 2H FY01 1H FY01 2H FY02 1H Sales 16

  19. Slide 19: Information by Region

    Information by Region Sales Operating Income Japan Asia Europe North America Others Total Japan Asia Europe North America Others Total FY99(1H) 121,406 7,970 9,598 9,606 2,715 151,297 1,643 1,070 34 201 92 2,375 FY99(2H) 134,160 6,844 9,607 8,275 3,170 162,056 3,619 470 780 64 163 3,534 FY00(1H) 137

  20. Slide 20: Costs

    Costs (Million¥) Research&Development Deoreciation Investments in Property,Plant,Equipment (Million ) Results Budget FY96 FY97 FY98 FY99 FY00 FY01(1H) FY01 FY02 1H FY02 Research&Development 18,055 19,408 19,492 19,259 19,181 10,188 19,236 12,680 26,000 (Sales Ratio ) 6.4% 6.4% 7.0% 6.1% 5.4% 6.7% 6.

  21. Slide 21: Assets, Liabilities

    Assets, Liabilities (M illion ) Total Assets Shareholders' Equity Interest bearing Debt Shareholders' Equity Ratio Debt Equity Raio D/E (Million ) FY96 FY97 FY98 FY99 FY00 FY01 FY02(1H) Total Assets 423,975 439,392 400,543 420,706 410,831 353,900 367,728 Shareholders' Equity 180,472 177,705 171,003

  22. Slide 22: Balance Sheet Item

    Balance Sheet Item B/S Inventories Account Receivable (Million ) 50,000 48,011 (Million ) 140,000 45,000 43,067 43,638 120,000 116,013 40,000 116,023 36,120 35,938 100,793 96,895 35,000 100,000 94,675 30,000 80,000 FY01 FY02 1H FY01 FY02 1H Cash on Hand Interest bearing Debt (M illion ) (Million ) 8

  23. Slide 23: Profitability

    Profitability EPS( ) ROA,ROE 150 15% 100 10% 50 5% 0 0% FY01 FY02 1H -50 -5% -100 -10% -150 -15% FY01 FY02 1H ( ) 29.6 17.7 23.4 103.7 94.6 1.8% 1.4% 6.1% 4.2% 3.3% 13.5% 22 ©Yokogawa Electric Corporation

  24. Slide 24: Stock Value Information

    Stock Value Information Jun-99 100 '99/6 9 12 '00/3 6 9 12 '01/3 6 9 12 '02/3 6 9 Yokogawa Stock Value 715 760 721 954 1,060 991 965 1,100 1,110 863 1,045 1,059 930 765 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 1,032.14 1,060.19 1,024.89 921.05 '

  25. Slide 25: Dividends (Non-Consolidated)

    Dividends(Non-Consolidated) (M illion ) Net Income Total Dividends Net Income (M illion ) Total Dividends (M illion ) Dividends/Net Income Ratio Earning per Share 1 ( ) Dividends per Share 1 ( ) Net Income (M illion ) Earning per Share 1 ( ) 24 ©Yokogawa Electric Corporation

  26. Slide 26: 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 10 11 12 '02/1 2 3 4 5 6 7 8 9 Control M easurement Information Others Million¥) '01/4 5 6 7 8 9 10 11 12 '02/1 2 3 Control 5,822 7,176 9,393 7,434 8,112

  27. Slide 27: Orders by Industries (Non-Consolidated)

    Orders by Industries(Non-Consolidated) (Million ) FY01 1H FY02 1H FY01 1H FY02 1H FY01 1H FY02 1H FY01 1H FY02 1H FY01 1H FY02 1H Foods Synthetic fiber Paper&Pulp Petrochemicals Other Chemical Products Oil Products Cenment&Ceramics Steel Nonferrous Metal Machinery Electric Machinery Transport Equipm

  28. Slide 28: Overseas Order Intake Results by Region

    Overseas Order Intake Results by Region (Non-Consolidated) (Million ) FY01(1H) FY01(2H) FY01 FY02(1H) <by Region> Total Y Far East,China 4,033 6,145 10,178 7,773 92.7% South East Asia 4,637 3,079 7,715 4,273 -7.8% Oceania 360 304 664 359 -0.3% Middle East,Africa 1,960 1,535 3,494 1,299 -33.7% Wester

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