Kyocera Corporation · TSE:6971
Kyocera — H1 FY3/2012 Earnings Presentation
25 slides from Kyocera's earnings presentation, Oct 28, 2011
Slide 1: Financial Presentation
October 28, 2011 Financial Presentation (Six Months ended September 30, 2011) Tetsuo Kuba President and Representative Director
Slide 2: Today's Presentation
Today's Presentation 1. 1.Financial FinancialResults Resultsfor forthe theFirst FirstHalf Halfin inFY3/2012 FY3/2012 2. 2.Financial FinancialForecast Forecastfor forFY3/2012 FY3/2012
Slide 3: Financial Results for the First Half in FY3/2012
1. 1.Financial FinancialResults Resultsfor forthe theFirst FirstHalf Halfin inFY3/2012 FY3/2012
Slide 4: Financial Results of H1 FY3/2012
Financial Results of H1 FY3/2012 － Comparison with H1 FY3/2011 － (Unit: Yen in billions) Six months ended September 30, Change 2010 2011 % of % of Amount net sales Amount net sales Amount % Net sales 637.4 100.0 604.3 100.0 -33.1 -5.2 Profit from operations 81.8 12.8 67.8 11.2 -14.0 -17.1 Pre-tax in
Slide 5: Summary of H1 FY3/2012 Results
Summary of H1 FY3/2012 Results － Comparison with H1 FY3/2011 － 1. Weak demand in digital consumer equipment market Sluggish growth in demand for various equipment, including mobile phone handsets 2. Deteriorating environment in solar energy market Stagnant demand in European market and a significant
Slide 6: Business Trends: Fine Ceramic Parts Group
Business Trends by Reporting Segment for H1 FY3/2012 Fine Ceramic Parts Group (Yen in billions) Net sales H1 FY3/2012 Results 50.0 Change from (Yen in billions) 39.6 42.0 H1 FY3/2011 H2 FY3/2011 36.7 +5.3 +2.4 25.0 Net sales Operating profit +2.0 +0.6 0.0 Business Overview FY3/2011 FY3/2012 H1 H2 H1
Slide 7: Business Trends: Semiconductor Parts Group
Business Trends by Reporting Segment for H1 FY3/2012 Semiconductor Parts Group (Yen in billions) Net sales H1 FY3/2012 Results 100.0 Change from 88.1 86.6 (Yen in billions) 81.8 H1 FY3/2011 H2 FY3/2011 50.0 Net sales -6.3 -4.8 Operating profit -0.6 -1.0 0.0 Business Overview FY3/2011 FY3/2012 H1 H2
Slide 8: Business Trends: Applied Ceramic Products Group
Business Trends by Reporting Segment for H1 FY3/2012 Applied Ceramic Products Group (Yen in billions) 120.0 Net sales H1 FY3/2012 Results Change from 95.6 102.0 (Yen in billions) H1 FY3/2011 H2 FY3/2011 90.7 60.0 Net sales -4.9 -11.3 Operating profit -9.3 -7.0 0.0 Business Overview FY3/2011 FY3/2012
Slide 9: Business Trends: Electronic Device Group
Business Trends by Reporting Segment for H1 FY3/2012 Electronic Device Group (Yen in billions) 140.0 Net sales H1 FY3/2012 Results Change from 123.6 119.1 115.8 (Yen in billions) H1 FY3/2011 H2 FY3/2011 70.0 Net sales -7.8 -3.3 Operating profit -4.6 -1.8 0.0 Business Overview FY3/2011 FY3/2012 H1 H2
Slide 10: Business Trends: Telecommunications Equipment Group
Business Trends by Reporting Segment for H1 FY3/2012 Telecommunications Equipment Group (Yen in billions) Net sales H1 FY3/2012 Results 140.0 Change from 122.3 (Yen in billions) H1 FY3/2011 H2 FY3/2011 102.9 70.0 90.0 Net sales -32.3 -12.9 Operating profit -1.6 +0.1 0.0 Business Overview FY3/2011 FY
Slide 11: Business Trends: Information Equipment Group
Business Trends by Reporting Segment for H1 FY3/2012 Information Equipment Group (Yen in billions) Net sales H1 FY3/2012 Results 130.0 122.9 121.2 Change from 117.0 (Yen in billions) H1 FY3/2011 H2 FY3/2011 65.0 Net sales +4.2 -1.7 Operating profit +1.4 +4.4 0.0 Business Overview FY3/2011 FY3/2012 H
Slide 12: Business Trends: Others
Business Trends by Reporting Segment for H1 FY3/2012 Others (Yen in billions) Net sales H1 FY3/2012 Results 80.0 71.3 76.2 (Yen in billions) Change from 68.1 H1 FY3/2011 H2 FY3/2011 40.0 Net sales +8.1 +4.9 Operating profit -1.1 -1.5 0.0 Business Overview FY3/2011 FY3/2012 H1 H2 H1 Sales increased
Slide 13: Financial Results of Q2 FY3/2012
Financial Results of Q2 FY3/2012 － Comparison with Q2 FY3/2011 － (Unit: Yen in billions) Three months ended Change September 30, 2010 September 30, 2011 % of % of Amount net sales Amount net sales Amount % Net sales 324.2 100.0 299.0 100.0 -25.2 -7.8 Profit from operations 41.2 12.7 34.5 11.5 -6.7 -
Slide 14: Financial Forecast for FY3/2012
2. 2. Financial Financial Forecast Forecast for for FY3/2012 FY3/2012
Slide 15: Financial Forecast
Financial Forecast － Year Ending March 31, 2012 － (Unit: Yen in billions) Year ended Year ending March 31, 2012 Change from March 31, 2011 Previous forecast Revised forecast % of net % of net % of net Previous Previous Amount sales Amount sales Amount sales year forecast Net sales 1,266.9 100.0 1,36
Slide 16: Sales Forecast by Reporting Segment
Sales Forecast by Reporting Segment － Year Ending March 31, 2012 － (Unit: Yen in billions) Year ended Year ending March 31, 2012 Change from March 31, 2011 Reporting Segment Previous forecast Revised forecast % of % of % of Previous Previous Amount Amount Amount total total total year forecast F
Slide 17: Operating Profit Forecast by Reporting Segment
Operating Profit Forecast by Reporting Segment － Year Ending March 31, 2012 － (Unit: Yen in billions) Year ended Year ending March 31, 2012 Change from March 31, 2011 Previous forecast Revised forecast Reporting Segment % of net % of net % of net Previous Previous Amount Amount Amount sales sales
Slide 18: Main Factors behind Revisions to Forecasts for FY3/2012
Main Factors behind Revisions to Forecasts for FY3/2012 1. Impact of global economic decline Demand in a wide range of markets such as digital consumer equipment and general industrial markets below initial projections. 2. Deterioration of environment in solar energy market Decline in product prices
Slide 19: Emphasized Initiatives in H2 FY3/2012
Emphasized Initiatives in H2 FY3/2012 1. Strengthen corporate structure: Promote comprehensive cost reductions and productivity enhancement ① Reduce procurement costs Japan: Expand overseas procurement of components and materials by taking advantage of the yen’s appreciation Overseas: Further ut
Slide 20: Expand Business in Information and Communication Market (1)
Expand Business in Information and Communication Market (1) Genuine business expansion of smartphones into Japanese market Expand sales of “DIGNO®” brand smartphone • WiMAX compatibility • Equipped with high-definition organic EL ISW11K display • Thinnest waterproof smartphone at au Expand sales by
Slide 21: Expand Business in Information and Communication Market (2)
Expand Business in Information and Communication Market (2) Expand sales of printers and MFPs in emerging market Enhance product line-up Expand sales channel Develop products to meet demand India: Acquired sales operations for specifically for emerging countries office equipment (August 2011) Incl
Slide 22: Supplemental Information
Supplemental Information
Slide 23: Sales by Reporting Segment
Sales by Reporting Segment － Six months ended September 30, 2011 － (Unit: Yen in billions) Six months ended September 30, Change Reporting Segment 2010 2011 Amount % of total Amount % of total Amount % Fine Ceramic Parts Group 36.7 5.8 42.0 7.0 5.3 14.5 Semiconductor Parts Group 88.1 13.8 81.8
Slide 24: Operating Profit by Reporting Segment
Operating Profit by Reporting Segment － Six months ended September 30, 2011 － (Unit: Yen in billions) Six months ended September 30, Change 2010 2011 Reporting Segment % of net % of net Amount Amount Amount % sales sales Fine Ceramic Parts Group 5.3 14.5 7.3 17.3 2.0 36.8 Semiconductor Parts G
Slide 25: Forward-Looking Statements
Forward-Looking Statements Certain of the statements made in this document are forward-looking statements (within the meaning of Section 21E of the U.S. Securities and Exchange Act of 1934), which are based on our current assumptions and beliefs in light of the information currently available to us.