Fujikura Ltd · TSE:5803
Fujikura — Q1 FY2020 Earnings Presentation
19 slides from Fujikura's earnings presentation, Aug 3, 2020
Slide 1: 1Q FY2020 Financial Results
1Q FY2020 Financial Results August 3, 2020
Slide 2: Fujikura
“l a F Fujikura
Slide 3: Contents
Contents 1. Reviews of 1Q FY2020 Financial Results 2. By Segment 2
Slide 4: 1. Reviews of 1Q FY2020 Financial Results
1. Reviews of 1Q FY2020 Financial Results 3
Slide 5: 1Q FY2020 Financial Results
1Q FY2020 Financial Results (Unit : Yen in billion) FY2019 FY2020 1H 1Q 1H Full Year 1Q Forecasts Net Sales 162.4 343.5 672.3 129.9 290.0 Operating Income 0.3 5.8 3.3 0.6 1.0 Ratio of Operating Income to Net Sales(%) 0.2 1.7 0.5 0.5 0.3 Share of other comprehensive income of entities accounted 0.6 0
Slide 6: Review of 1Q FY2020 Results
Review of 1Q FY2020 Results In Power and Telecommunication Systems Company, net sales decreased due to the dissolution of the joint venture in the transmission line business in China, a decrease in demand in the domestic construction sales market and the intensifying competition in optical fiber.
Slide 7: 1Q FY2020 Contributing Factors to Net Sales Change
1Q FY2020 Contributing Factors to Net Sales Change (year-on-year basis) Net Sales (Unit : Yen in billion) Effects of Effect of Forex Automotive Copper Power & Electronics Products (3.3) Prices Telecommunication Business (2.8) Systems +0.2 Business +6.3 Others COVID-19 (8.1) (24.4) (0.4) 162.4 129.9
Slide 8: 1Q FY2020 Contributing Factors to Operating Income Change
1Q FY2020 Contributing Factors to Operating Income Change (year-on-year basis) Operating Income (Unit : Yen in billion) Electronics Automotive COVID-19 Business +0.1 (2.7) +1.4 Effect of Copper Prices +1.9 Others (0.4) 0.3 0.6 1Q FY2019 1Q Results +0.3 higher than 1Q FY2019 FY2020Results 7
Slide 9: 1Q FY2020 Extraordinary Profit and Loss
1Q FY2020 Extraordinary Profit and Loss (Unit: Yen in billion) 1Q FY2019 1Q FY2020 Operating Income 0.3 0.6 Share of other comprehensive income of entities accounted for using equity 0.6 0.3 method Ordinary Income（Loss) 1.0 (0.8) Extraordinary Income 0.2 0.1 Extraordinary Loss 1.5 3.1 ・Loss due to C
Slide 10: Consolidated B/S (1)
Consolidated B/S (1) （Unit: Yen in billion） As of March As of June Change 31, 2020 30, 2020 〈Assets〉 576.1 579.2 +3.1 Current Assets 299.8 303.8 +4.0 Accumulation of liquidity at hand to handle COVID-19 Cash and Deposits 44.7 58.6 +13.9 Notes and Account 128.9 121.7 (7.3) Receivable Sales decrease d
Slide 11: Consolidated B/S (2)
Consolidated B/S (2) （Unit: Yen in billion） As of March As of June Change 31, 2020 30, 2020 Total 576.1 579.2 +3.1 (Treasury Stock) ((10.9)) ((10.9)) (+0.0) Decrease in purchasing due to COVID-19 〈Liability〉 404.0 406.5 +2.5 Notes and Account 65.8 56.7 (9.1) Payable Issuing commercial paper Interest
Slide 12: 2. By Segment
F Fujikura 2. By Segment
Slide 13: Financial Results and Forecasts by Segment
Financial Results and Forecasts by Segment （Unit: Yen in billion） Net Sales Operating Income(Loss) and Ratio of Operating Income to Net Sales 1Q FY2019 1H FY2019 1H FY2020 1Q FY2019 1H FY2019 1H FY2020 Segment 1Q FY2020 Results 1Q FY2020 Results Result Forecasts Results Forecasts Power & 1.9 4.4 3.5
Slide 14: Power & Telecommunication Systems Company
Power & Telecommunication Systems Company In 1Q, net sales decreased on a YoY basis due to the dissolution of the joint venture in the transmission line business in China, a decrease in demand in domestic construction sales market and the intensifying competition in optical fiber. But, profit incr
Slide 15: Electronics Business Company
Electronics Business Company In 1Q, net sales of FPCs for smartphones are in a difficult situation due to product mix and other factors. But, the deficit narrowed due to special demand attributed to Stay Home in electronic components and connectors. In order to increase production in 2Q, we will
Slide 16: Automotive Products Business Company
Automotive Products Business Company In 1Q, both net sales and profit significantly decrease on a YoY basis because production of automobile manufactures was suspended due to lockdown around the world because of COVID-19. In 2Q, we will meet customers increase demand. （Unit: Yen in billion） Net
Slide 17: Real Estate Business Company
Real Estate Business Company Revenues from leasing real estate properties continue to contribute to consolidated operating income. （Unit: Yen in billion） Net sales and Ratio of Operating Income to Net Sales Real Estate Ratio of Operating Income to Net Sales Stable revenues form leasing properties
Slide 18: Special Notes
Special Notes: Statements in this presentation that relate to future to results and events (including statements regarding Fujikura's revenue and earnings guidance) and based on Fujikura's current expectations. Actual results in future periods may differ materially form those currently expected beca
Slide 19: Net Sales and Operating Income by Segment
【1Q FY2020 Financial Results Appendix】 Net Sales and Operating Income by Segment Net Sales Records and Forecast by Segment Unit: Yen in Billion FY2020 FY2019 FY2020 Forecast Full 1Q 2Q 3Q 4Q 1H 2H 1Q 1H Est. Year Power Systems 48.1 47.0 48.2 44.5 95.1 92.7 187.9 38.7 79.5 Telecommunication Systems 3