Nabtesco Corporation · TSE:6268
Nabtesco — H1 FY2004 Earnings Presentation
41 slides from Nabtesco's earnings presentation, 2004
Slide 1: FY2004 Semiannual Results Briefing
FY2004 Semiannual Results Briefing English translation from the original Japanese- Japanese-language document (All financial information has been prepared in accordance with accounting principles generally accepted in Japan) Aiming to be the world’s leading manufacturer of Motion Control Systems and
Slide 2: Agenda
Agenda Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. New Framework of Nabtesco II. The In-house Companies III. Semiannual Results for FY2004 IV. Forecast for FY2004 2
Slide 3: Agenda-1
Agenda -1 Agenda-1 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. New Framework of Nabtesco II. The In-house Companies III. Semiannual Results for FY2004 IV. Forecast for FY2004 3
Slide 4: Aim to be the World's Leading Manufacturer of Motion Control Systems
Aim Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Nabtesco Group aims to be the World’s Leading Manufacturer of Motion Control Systems and Related Components for Air, Land and Marine Applications by combining the
Slide 5: Management Principles
Management Principles Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Nabtesco aims to achieve long term growth of corporate values based on the following principles; Form a highly profitable, global group of compan
Slide 6: Company Overview
Company Overview Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications (as of October 1, 2004) Company Name Nabtesco Corporation Established September 29, 2003 Address 9-18, Kaigan 1-chome, Minato-ku, Tokyo 105-0022, Japa
Slide 7: Completion of The Consolidation
Completion of The Consolidation Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Sept. 29, 2003 – Sept. 30, 2004 Oct. 1, 2004 onward TS Corporation and NABCO Ltd. 3 Divisions are wholly owned subsidiaries and 7 Compa
Slide 8: In-house Companies
In-house Companies In-house Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Sept. 29, 2003 – Sept. 30, 2004 Oct. 1, 2004 onward Precision Equipt. Company Precision Equipment Company Aircraft & Oil Hydraulic Company
Slide 9: Organization
Organization Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Corporate Planning Dept. Corporate Planning Div. Accounting & Finance Dept. Board of Directors General Administration Dept. Chairman of the Board General
Slide 10: Agenda-2
Agenda -2 Agenda-2 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. New Framework of Nabtesco II. The In-house Companies III. Semiannual Results for FY2004 IV. Forecast for FY2004 10
Slide 11: Precision Equipment Company
Precision Equipment Company Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Key Centers Production: Tsu Plant, Boston Overseas (sales): Düsseldorf, Detroit Main Products precision reduction gears, servo actuators Fe
Slide 12: NABCO Company
NABCO Company Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Key Centers Production: Kohnan Plant, Beijing, Milwaukee Main Products Automatic doors, Platform screen doors Features ⃞110 domestic sales depots for bui
Slide 13: Aerospace Company
Aerospace Company Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Key Centers Production: Gifu Plant, Seattle Main Products Flight control actuation systems (FCA) Features ⃞ One of the six major players of FCA manuf
Slide 14: Power Control Company
Power Control Company Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Key Centers Production: Tarui Plant, Seishin Plant, Shanghai Main Products Traveling units for hydraulic excavators, Control valves Features ⃞ Wi
Slide 15: Railroad Products Company
Railroad Products Company Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Key Centers Production: Kobe Plant Overseas: Beijing liaison office Main Products Railroad vehicle brake systems, door operating equipment Fe
Slide 16: Automotive Products Company
Automotive Products Company Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Key Centers Production: Yamagata Plant, Thailand Overseas (sales): Detroit Main Products Brake peripherals for commercial vehicle (wedge ch
Slide 17: Marine Control Systems Company
Marine Control Systems Company Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Key Centers Production: Seishin Plant, Busan Overseas (services): Rotterdam, Singapore Main Products Engine control systems, Engine digi
Slide 18: New businesses in R&D Division
New businesses in R&D Division Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications New Business New Business Welfare Products Promotion Department 1 Promotion Department 2 Department Precision Equipment Precision Equipm
Slide 19: Agenda-3
Agenda -3 Agenda-3 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. New Framework of Nabtesco II. The In-house Companies III. Semiannual Results for FY2004 IV. Forecast for FY2004 19
Slide 20: Notice
Notice Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications The figures up to FY2002 hereafter are obtained by the simple summation of the figures of TS Corporation group and NABCO Ltd. group 20
Slide 21: Profit & Loss Summary
Profit & Loss Summary (Comparison (Comparison with with the the same same period period of of last last fiscal fiscal year year )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Increase in sales, Significant incre
Slide 22: Business Segments and Group Companies
Business Segments and Group Companies Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications as of October 1, 2004 43 Subsidiaries and Affiliates Aircraft Precision Equipt. Transport Equipt. & Oil hydraulic Equipt. Equipt.
Slide 23: Group Sales by Business Segments
Group Sales by Business Segments Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications FY2004 Consolidated Semiannual Sales: Automatic Doors Packaging Machines JPY 66.5 billion Precision Reduction Gears Operating Room- Ro
Slide 24: Consolidated Semiannual Financial Results
Consolidated Semiannual Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications <Business Segment> <Comparison with the same period of last fiscal year > Precision Equipment Increase in sales, Significant
Slide 25: Precision Equipment
Precision Equipment (Comparison (Comparison with with the the same same period period of of last last fiscal fiscal year year )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Increase in sales, Significant increas
Slide 26: Transport Equipment
Transport Equipment (Comparison (Comparison with with the the same same period period of of last last fiscal fiscal year year )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Increase in sales, Significant increas
Slide 27: Aircraft & Oil hydraulic Equipment
Aircraft & Oil hydraulic Equipment (Comparison (Comparison with with the the same same period period of of last last fiscal fiscal year year )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Increase in sales, Fall
Slide 28: Industrial Equipment
Industrial Equipment (Comparison (Comparison with with the the same same period period of of last last fiscal fiscal year year )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Increase in sales, Significant increa
Slide 29: Balance sheet Summary
Balance sheet Summary (Comparison (Comparison with with the the same same period period of of last last fiscal fiscal year year )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications (JPY billion) ’03/9E ’04/9E Variatio
Slide 30: Balance sheet Summary
Balance sheet Summary (Comparison (Comparison with with the the end end of of March March 2004 2004 )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications (JPY billion) ’04/3E ’04/9E Variation Comments Assets 130.6 132.
Slide 31: Cash Flow Summary
Cash Flow Summary Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications (JPY billion) Net cash provided by operating activities ‘04/9 Income before taxes 5.4 billion Depreciation and amortization 2.1 billion Income before
Slide 32: Improvement of Financial Standing
Improvement of Financial Standing Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications 45.0% Equity Ratio 37.9% Increase of Equity Ratio 40.0% Reduction of interest bearing loans 35.0% resulting in D/E Ratio improvement
Slide 33: Agenda-4
Agenda -4 Agenda-4 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. New Framework of Nabtesco II. The In-house Companies III. Semiannual Results for FY2004 IV. Forecast for FY2004 33
Slide 34: Profit & Loss forecast
Profit & Loss forecast (Comparison (Comparison with with the the end end of of March March 2004 2004 )) Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Increase in sales and profit Sales: (JPY billion) Increase in a
Slide 35: Sales & Profit Forecast by Business Segments
Sales & Profit Forecast by Business Segments Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications <Business Segment> <Comparison with the end of March, 2004 > Precision Equipment Increase in sales and profit Transport Eq
Slide 36: Forecast: Precision Equipment
Forecast: Precision Equipment Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications K 100 Trend Trend of of Industrial Industrial robots robots deliveries deliveries 80 by Japan Robot Association Major robot manufacturers
Slide 37: Forecast: Transport Equipment
Forecast: Transport Equipment Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Trend of domestic production of 4mt and over trucks Trend of world construction of 5,000mt and over 2 cycle marine vessels K 800 200 186
Slide 38: Forecast: Aircraft & Oil Hydraulic Equipment
Forecast: Aircraft & Oil Hydraulic Equipment Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications 140,000 Trend of world demand for excavators Trend 1000 of aircraft deliveries by 2 major manufacturers 129000 129400 1225
Slide 39: Forecast: Industrial Equipment
Forecast: Industrial Equipment Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications 200 K Trend Trend of of domestic domestic production production of of automatic automatic doors doors 170 153 149 145 147 Domestic marke
Slide 40: Major Targeted Financial Figures under The 2003 Mid-Term Plan
Major Targeted Financial Figures under The 2003 Mid -Term Plan Mid-Term Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications March 2006 March 2004 March 2005 <Mid-Term Plan> <Result> <Forecast> Net Sales (JPY billon) 135
Slide 41: Cautions on the forecast
Cautions on the forecast Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications The figures, plans, projects for FY2004 and future on this document are based on various assumptions. Nabtesco Corporation has no responsibili