Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — FY2008 Earnings Presentation
18 slides from Hirose Electric's earnings presentation, May 14, 2009
Slide 1: Business Results for the year ended March 31, 2009
Business Results for the year ended March 31,2009 Creative Links to World Electronics May 14 2009 Hirose Electric Co.,LTD 1
Slide 2: Cautionary Statement
Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward- looking statements. Thank
Slide 3: Business Situation of FY2008
Business Situation of FY2008 • Until 2Q, both orders and sales were increasing quite steadily. • From 3Q, triggered by the US financial crisis, there has been a global pullback in consumer spending and a huge sharp drop in real economy. Following this, the orders from set manufacturers, business com
Slide 4: FY2008 Orders & Sales Index Number Change (Hirose-based)
FY2008 Orders & Sales Index Number Change (Hirose-based) 110 103 100 97 96 Orders 100 93 90 Sales 97 88 90 90 88 80 84 84 70 77 66 60 60 51 50 46 45 51 51 40 42 43 39 30 ne ly ry t y ch ay r er r r ril s be be be ar Ju gu ua p ob Ju M ar nu /A m m m Au br M ct e e 08 e a Fe O ov pt ec /J 20 Se 09 N
Slide 5: FY2008 Orders and Sales Changes by Markets (Hirose-based)
FY2008 Orders and Sales Changes by Markets (Hirose-based) <Mobile> <Digital Consumer Electric> <Automotive> 120 120 120 100 100 100 97 100 92 100 100 84 82 80 80 80 82 82 79 65 Order 58 60 59 71 58 60 60 52 60 50 61 47 Sale 44 61 38 39 54 40 40 47 40 34 30 42 40 34 33 35 37 37 33 20 20 20 27 25 17 0
Slide 6: Business Results for FY2008
Business Results for FY2008 Note) Green Italics: Previous official amount on Feb, 2009 (hundred millions of yen) (A)FY2007 (B)FY2008 (B)-(A) (B)/(A) Major Changes over the prior same period (hundred millions of yen) 880.0 [Sales] 281.7 decrease Hirose Foreign subsidiaries Sales 1,180.4 898.7 -281.7
Slide 7: Sales and Profits
Sales and Profits (hundred millions of yen) 500 50% 450 40% 400 30.5% 28.8% Sales 350 30% 20.1% 300 289 Ordinary 261 20% Profit 250 203 Profits 10% 200 2.4% Ratio 150 145 0% 100 88 75 -10% In the black, due 50 41 to the increase in 4 Sales, and Cost 0 -20% reduction FY2008 1Q FY2008 2Q FY2008 3Q FY2
Slide 8: Sales and Profits
Sales and Profits (hundred millions of yen) 1,400 80% x f o r si IT Sales riods 1,180 70% 1,200 Bu Bu se in ive pe 1,155 b r ea t Inc nsecu 23.9%decrease De rsti ble S cr ng co 1,044 60% a e 1,000 Pr les ase Sales of an in its d 895 899 834 50% 790 800 Ordinary 678 37.0% 40% Profit 34.2% 34.8% 611 3
Slide 9: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of yen) Account (A)Mar. 31, 2008 (B)Mar. 31, 2009 (B)-(A) Remarks From Dividend, Share buyback, and Cash and Cash 1,252.5 1,177.3 -75.2 decrease in foreign subsidiaries (influenced in bank by strong yen) Trade 312.1 186.9 -125.2 Decrease in Sal
Slide 10: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of yen) Accounts (A)Mar.31, 2008 (B)Mar.31, 2009 (B)-(A) Remarks Notes Payables and Accounts 162.7 68.0 -94.7 Purchase Decrease Payables Income Tax Payables, etc. 58.8 25.9 -32.9 From Profit Decrease Others 89.4 56.0 -33.4 Deferred tax liabilit
Slide 11: Cash Flow
Cash Flow 連結キャッシュフロー (hundred millions of yen) (A)FY2007 For the Year (B)FY2008 For the Year FY2008 Main Topics 353.4 234.1 Pre-tax Income Decrease 198.1 Cash Flows from Depreciation Increase 107.1 Operating Activities Accounts Receivables Decrese 122.1 Corporation tax -118.1 Accounts Payables Decre
Slide 12: Sales Ratio by Markets
Sales Ratio by Markets（in round numbers） FA Others Others Associated Controling 20% 19% FA Controling Electric Equipment Equipm ent Equipment 2% Mobile Phone 2% 3% 34% Associated Electric Mobile Phone Equipm ent 36% Cable 3% Communicati on 3% FY2007 Cable Com m unication Wireless FY2008 3% Communica
Slide 13: Sales Changes by Markets
Sales Changes by Markets （in round numbers） 27%down FY2007 FY2008 3%down 18%down Digital Computer Office Wireless Associated Mobile Automotive FA Controlling Notebook Related Machinery Communication Electronic Phone Consumer Equipment PC Equipment Equipment Electronics *2 *1 Cable Communication *1 C
Slide 14: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 60 60 56 52 50 47 Overseas 46 41 42 Sales Ratio 40 36 34 34 30 30 31 Overseas Production 20 Ratio 10 0 FY2004 FY2005 FY2006 FY2007 FY2008 H20年度 FY2009 H21目標 (plan) 14
Slide 15: Capital Investment and Depreciation Change
Capital Investment and Depreciation Change (hundred millions of yen) (%) 100 40.0 92 90 90 89 90 84 35.0 Capital 80 77 Investment 70 30.0 70 70 66 25.0 Depreciation 60 55 50 20.0 Investment 40 Ratio 15.0 30 10.0 8.0 7.8 9.1 7.8 10.0 Depreciation 20 Ratio 7.5 8.2 6.1 7.3 5.0 10 5.3 0 0.0 FY2005 FY200
Slide 16: Number of Employees
Number of Employees (based on financial report) (people) 5000 4613 996 people 4493 decrease 4146 3975 4000 3599 3617 3000 Overseas 3444 3515 3038 3176 2550 2740 2000 Domestic 1000 937 970 1049 1098 1067 859 0 2005 Mar. 2006 Mar. 2007 Mar. 2008 Mar. 2008 Sep. 2009 Mar. 16
Slide 17: Composition Rate of Shareholders
Composition Rate of Shareholders 100% 2.95 2.74 2.73 5.58 8.31 90% 13.86 14.08 13.46 11.72 7.57 Treasury 80% Stocks Individual and 70% Others 37.44 39.35 40.69 60% 43.47 45.52 Foreign 50% Corporation Other 40% 14.46 14.79 14.65 Corporation 1.12 14.63 30% 1.21 14.67 Securities Firm 1.34 1.13 20% 1.26
Slide 18: FY2009 Business Forecast
FY2009 Business Forecast note)"First Half" regard as 1Q & 2Q, "Second Half" regard as 3Q & 4Q (hundred millions of yen) First Half Second 下期 Half For the Year (Actual) FY2008 (Forecast) FY2009 Over Previous Actual Amount Over Previous Actual Amount Over Previous Actual Amount Second Second For the A