Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q1 FY2011 Earnings Presentation
17 slides from Hirose Electric's earnings presentation, Aug 2, 2011
Slide 1: Business Results for First Quarter, FY2011
Business Results for First Quarter, FY2011 Creative Links to World Electronic Aug 2nd 2011 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 1Q FY2011
Business Situation of 1Q FY2011 [Business Situation of FY2010] • 1Q : Although partial adjustment for overseas mobile, orders and sales for automotive and industrial area increased steadily. • 2Q : Steady increase in sales, especially in overseas mobile phone and automotive market. However, there we
Slide 4: FY2011 Jan-Jun Orders and Sales Changes (Non-consolidated Basis, Index Number)
FY2011 Jan-Jun Orders and Sales Changes (Non-consolidated Basis, Index Number) 130 120 109 107 110 101 93 100 Average of FY2010 = 100 93 102 90 88 85 90 87 89 80 84 70 Order 60 50 Sales 40 Jan Feb Mar Apr May Jun 4
Slide 5: Orders and Sales Changes by Markets: Mobile
FY2011 Jan-Jun Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Mobile 帯 120 99 90 100 Average of FY2010 = 100 88 84 81 79 80 83 70 77 77 75 59 60 40 20 0 Jan Feb Mar Apr May Jun FY2011 Order Sales 5
Slide 6: Orders and Sales Changes by Markets: Digital Consumer Electronic
FY2011 Jan-Jun Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Digital Consumer Electronic 110 100 93 Average of FY2010 = 100 90 88 86 80 87 76 76 71 81 70 74 70 60 67 56 50 40 30 Jan Feb Mar Apr May Jun FY2011 Order Sales 6
Slide 7: Orders and Sales Changes by Markets: Automotive
FY2011 Jan-Jun Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Automotive 120 104 107 103 100 100 Average of FY2010 = 100 101 94 98 87 82 84 80 78 74 60 40 Jan Feb Mar Apr May Jun FY2011 Order Sales 7
Slide 8: Orders and Sales Changes by Markets: Associated Electric Equipment, FA and Others
FY2011 Jan-Jun Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Associated Electric Equipment, FA Controlling Device, and Others 160 141 137 140 128 124 116 120 110 97 98 96 115 100 Average of FY2010 = 100 94 96 80 60 40 Jan Feb Mar Apr May Jun FY2011 Order Sales 8
Slide 9: Business Results for 1Q FY2011
Business Results for 1Q FY2010 (unit:hundred millions of Yen) (A)FY2010 (B)FY2011 (B)-(A) (B)/(A) Major changes over prior same period 1Q 1Q (unit: hundred millions of Yen) [Sales] 14.4 increase Sales 234.0 248.4 14.4 6.2% Hirose Foreign Subsidiaries Hirose Korea (COGS Ratio) (53.2%) (56.6%) (+3.4%)
Slide 10: Quarterly Sales and Profits
Quarterly Sales and Profits (hundred millions of Yen) 500 50% 40% 400 Sales 27.8% 28.8% 29.1% 27.3% 30% 24.9% 25.6% 21.8% 23.5% 300 18.0% 20% Recurring 241 248 234 225 224 Profit 221 222 222 10% 200 180 Recurring 0% Profit Ratio 100 68 62 64 55 66 64 39 53 40 -10% 0 -20% FY2011 FY2009 FY2009 FY2009
Slide 11: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A)Mar 31, 2010 (B)Jun 30, 2011 (B) - (A) Remark Cash and Cash in Bank 1,094.2 1,094.3 0.1 Trade Receivables 230.6 243.2 12.6 Hirose Sales: FY2010/4Q→ FY2011/1Q +23.5 Inventories 72.7 80.5 7.8 Due to sales increase Investment Se
Slide 12: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A)Mar 31, 2010 (B)Jun 30, 2011 (B)－(A) Remark Notes Payable and Account 109.4 125.6 16.2 Purchase increase due to production increase Payable Income Taxes Payable, etc 40.6 29.1 -11.5 Others 75.7 92.4 16.7 Total Liabilities 225
Slide 13: Sales by Market
Sales by Market NotebookP Others Mobile C 3% 28% Phone Office Machinery 28% 3% Office Machinery Mobile Phone Others 31% 3% 25% FA Automotive FY2010 Controlling FY2011 10% Equipment Associated Electric 1Q 4% 1Q Digital Equipment 3% Automotive Consumer 10% Electronic Cable 7% Digital Consumer Electron
Slide 14: Sales Changes by Markets (in round numbers)
Sales Changes by Markets (in round numbers) 18%down 10%up FY2010 1Q FY2011 1Q 5%down Digital Associated Cable Office Industrial Mobile Consumer Electronic Communication Machinery and others Phone Electronics Equipment Automotive Computer FA Notebook Wireless *2 Controlling PC Related Communication E
Slide 15: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 63 59 60 60 56 50 Overseas 40 36 Sales Ratio 40 32 32 30 Overseas Production 20 Ratio 10 0 FY2008 FY2009 FY2010 FY2011 FY20111Q 1Q 15
Slide 16: Capital Investment and Depreciation Change (Domestic Consolidated Basis)
Capital Investment and Depreciation Change (Domestic Consolidated Basis) (hundred millions of Yen) 100 40.0 (%) 90 90 86 35.0 Capital Investment 80 30.0 70 66 66 68 62 60 56 25.0 Depreciation 50 44 20.0 40 15.0 Capital 10.0 30 8.2 Investment 7.8 6.7 8.1 10.0 Ratio 20 20 10 7.3 6.5 11 5.0 Depreciatio
Slide 17: Business Forecast for the Year Ended March 31, 2012
Business Forecast for the Year Ended March 31, 2012 Green italics number: note) First Half - 1Q & 2Q, Second Half - 3Q & 4Q (hundred millions of Yen) data announced on First Half 中間期 For年間 the Year M ay 2011 FY2010 (Actual) FY2011 (Forecast) Over the Previous Actual Amount Over the Previous Actual A