Resonac Holdings Corporation · TSE:4004
Resonac — Showa Denko K.K. — Q1 2013 Earnings Presentation
17 slides from Resonac's earnings presentation, May 8, 2013
Slide 1: First Quarter, 2013 Financial Results - Consolidated
Evolving unique chemical company First Quarter, 2013 Financial Results - Consolidated - SHOWA DENKO K.K. May 8, 2013 Yoshikazu Sakai, CFO This presentation contains statements relating to management’s projections of future profits and expectations for the Company’s product development program. The C
Slide 2: Consolidated Companies and Selected Data
Consolidated Companies Consolidated subsidiaries: 42 Newly consolidated: 4 Korea Showa Chemicals Co. (Chemicals segment) Showa Denko Sichuan Carbon Inc. (Inorganics segment) Nagoya Kenmazai Kogyo K.K. (Inorganics segment) SHOKO (Shanghai) Co., Ltd. (Others segment) Equity method applied: 18 Excl
Slide 3: Summary
Summary (Unit: Billions of Yen) Increase/ CQ1, 2012 CQ1, 2013 decrease Net Sales 181.4 192.5 11.1 Operating Income 9.5 3.4 -6.2 Non-operating income and expense, net -1.2 0.5 1.7 Interest/Dividend income and expense -0.9 -0.8 0.2 Equity Method 0.5 0.3 -0.2 Foreign exchange gain 0.0 1.3 1.3 Other -0.
Slide 4: Extraordinary Profit/Loss
Extraordinary Profit/Loss (Unit: Billions of Yen) Increase/ CQ1, 2012 CQ1, 2013 decrease Extraordinary Profit 0.3 1.0 0.6 Compensation income from cancellation of - 0.8 0.8 contracts Other 0.3 0.2 -0.1 Extraordinary Loss -1.6 -2.3 -0.7 Loss on fixed assets sold or retired -0.3 -0.4 -0.1 Provis
Slide 5: Sales and Operating Income by Segment
Sales and Operating Income by Segment 2013/Jan.-Mar. Net Sales Operating Income 2012/Jan.-Mar. (Unit: Billions of Yen) (Unit: Billions of Yen) 65.9 0.9 Petrochemicals 47.1 0.1 29.7 Chemicals 0.8 30.6 0.6 32.0 2.5 41.5 Electronics 8.7 15.5 -0.1 Inorganics 16.1 1.5 19.1 1.0 Aluminum 21.5 -0.2 39.1 -0.
Slide 6: Consolidated Sales by Segment
Consolidated Sales by Segment (Unit: Billions of Yen) CQ1, CQ1, Increase/ 2012 2013 decrease Olefins: sales increased (shipment volumes up due to the settlement of the problem with ethylene equipment in CQ1, 2012, Petrochemicals 47.1 65.9 18.8 price up) Organic chemicals: sales increased (shipment v
Slide 7: Consolidated Operating Income by Segment
Consolidated Operating Income by Segment (Unit: Billions of Yen) CQ1, CQ1, Increase/ 2012 2013 decrease Olefins: profit increased (shipment volumes up, price up) Petrochemicals 0.1 0.9 0.9 Organic chemicals: profit slightly increased (shipment volumes up) Basic chemicals: profit slightly increased (
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet (Unit: Billions of Yen) Assets Dec.31, Mar.31, Increase/ Liabilities and 1HW$VVHWV Dec.31, Mar.31, Increase/ 2012 2013 decrease 2012 2013 decrease Cash and deposits 51.6 41.5 -10.1 Notes and accounts payable 107.2 111.0 3.8 Notes and accounts receivable 138.2 148.3 10.1 In
Slide 9: Total Assets, Interest-bearing Debt and D/E ratio
Total Assets Interest-bearing Debt and D/E ratio (Unit: Billions of Yen) Increase/ Dec.31, 2012 Mar.31, 2013 decrease Total assets 933.2 956.1 22.9 Interest-bearing debt 342.3 362.9 20.7 Debt/Equity ratio 1.09times 1.12times 0.03p Stockholders’ Equity ratio 29.2% 29.4% 0.2p Showa Denko 1st Q
Slide 10: (Reference) Quarterly Operating Income
(Reference) Quarterly Operating Income 2013 2012 15.0 (Unit: Billions of Yen) 10.0 9.5 7.8 6.5 5.0 4.3 3.4 0.0 CQ1 CQ2 CQ3 CQ4 Showa Denko 1st Quarter, 2013 Consolidated Financial Results 10
Slide 11: (Reference) Quarterly Operating Income by Segment
(Reference) Quarterly Operating Income by Segment 《Petrochemicals》 《Chemicals》 (Unit: Billions of Yen) (Unit: Billions of Yen) 2.5 2013 2.5 2013 2012 2012 1.5 1.5 1.2 0.9 0.8 0.6 0.5 0.5 0.1 0.0 CQ1 CQ2 CQ3 CQ4 CQ1 CQ2 CQ3 CQ4 -0.5 -0.5 -0.1 -0.6 -0.8 -1.5 -1.5 -2.5 -2.3 -2.5 Showa Denko 1st Quarter
Slide 12: (Reference) Quarterly Operating Income by Segment
(Reference) Quarterly Operating Income by Segment 《Electronics》 《Inorganics》 (Unit: Billions of Yen) (Unit: Billions of Yen) 12.0 2013 2.5 2013 2012 2012 9.1 2.0 8.7 8.6 8.0 1.5 1.5 5.9 1.0 0.8 4.0 0.5 0.5 2.5 0.1 0.0 CQ1 CQ2 CQ3 CQ4 0.0 -0.1 CQ1 CQ2 CQ3 CQ4 -0.5 Showa Denko 1st Quarter, 2013 Consol
Slide 13: (Reference) Quarterly Operating Income by Segment
(Reference) Quarterly Operating Income by Segment 《Aluminum》 《Others》 (Unit: Billions of Yen) (Unit: Billions of Yen) 2.5 2013 2013 2.0 2012 2012 1.5 1.5 1.4 1.0 1.0 0.6 0.5 0.5 0.2 0.1 0.0 0.0 CQ1 CQ2 CQ3 CQ4 CQ1 CQ2 CQ3 CQ4 -0.2 -0.1 -0.1 -0.5 -0.3 -0.5 st Showa Denko 1 Quarter, 2013 Consolidated
Slide 14: Topics
Topics Corporate Strategic partnership in the fullerene business In January, SDK entered into a strategic partnership with Mitsubishi Corporation (MC) in the fullerene business. As part of the arrangement, SDK acquired from MC a 50% stake in Frontier Carbon Corporation (FCC), a producer and mar
Slide 15: Topics
Topics Chemicals Expanding sales of liquefied ammonia in the Tohoku region SDK decided to reconstruct its liquefied ammonia distribution base in Soma District, Fukushima Prefecture, which was damaged by the Great East Japan Earthquake. Reconstruction work will begin in June this year, and the n
Slide 16: Topics
Topics Chemicals Receipt of award for energy-saving project SDK’s Kawasaki Plant completed a project for energy-saving by integrating boiler operations at the plant site. Specifically, the steam generated at boiler facilities of the Ohgimachi district is sent to Showa Denko Gas Products’ Kawasa
Slide 17: Topics
Topics Aluminum New sensor chosen for hospital beds In February, SDK’s aluminum-based sensor was chosen by France Bed Co., Ltd. for use in its sensor system for hospital beds. Owing to the light and rigid nature of aluminum, the system catches a very small amount of sensor deformation under a b