Slide 1: Analyst Meeting Materials
Human-centered Automation Azbil Corporation RIC: 6845.T, Sedol: 6985543 Analyst Meeting Materials For the Fiscal Year Ended March 31, 2016 (Japanese GAAP) <Contents> 1. Financial Results for the Fiscal Year Ended March 31, 2016 2. Financial Plan for the Fiscal Year Ending March 31, 2017 3. Return to
Slide 2: Notes
Notes: 1. Financial data and financial statements have been prepared based on Japanese GAAP and the amounts have been rounded down. 2. Segment names are abbreviated as follows: B A: Building Automation A A: Advanced Automation L A: Life Automation 3. Changes in the scope of consolidation are as foll
Slide 3: Notes
Notes: 6. To coincide with the introduction of the new core information system, from this fiscal year the following changes in accounting policies and strengthening of the administrative system have been made: 1) The way to record orders received for multi-year contracts. (Affects BA business: Not o
Slide 4: 1. Financial Results for the Fiscal Year Ended March 31, 2016
1. Financial Results for the Fiscal Year Ended March 31, 2016 4
Slide 5: Consolidated Financial Results
1. Financial Results for the Fiscal Year Ended March 31, 2016 Consolidated Financial Results ■ Compared to the plan (10/30/2015) Sales, operating income and ordinary income published in the previous plan of October 30, 2015 were all attained. Net income attributable to owners of parent exceeded the
Slide 6: Segment Information - BA Business
1. Financial Results for the Fiscal Year Ended March 31, 2016 Segment Information - ■ BA Business ■ Compared to the plan (10/30/2015) The domestic market performed well, and sales for the whole segment were generally in line with the plan. Segment profit exceeded the plan thanks to increased sales i
Slide 7: Segment Information - AA Business
1. Financial Results for the Fiscal Year Ended March 31, 2016 Segment Information - ■ AA Business ■ Compared to the plan (10/30/2015) Overseas sales were below the level set in the plan, mainly due to sluggish market conditions in China. But initiatives focused on the HA/FA field*, a priority field,
Slide 8: Segment Information - LA Business
1. Financial Results for the Fiscal Year Ended March 31, 2016 Segment Information - ■ LA Business ■ Compared to the plan (10/30/2015) Sales performance was in line with the plan. Owing to a decline in the results of two operating companies in the Life Science Engineering (LSE) field, located in the
Slide 9: Non-operating Income & Expenses, Extraordinary Income & Losses and Income Taxes
1. Financial Results for the Fiscal Year Ended March 31, 2016 Non-operating Income & Expenses, Extraordinary Income & Losses and Income Taxes [Compared to the previous fiscal year] ■ Ordinary income decreased mainly because, while foreign exchange gains (1.7 billion yen) had been recorded in the pre
Slide 10: [Reference] Orders Received by Segment
1. Financial Results for the Fiscal Year Ended March 31, 2016 [Reference] Orders Received by Segment 300.0 [Billions of yen] 200.0 100.0 0.0 2013/3 2014/3 2015/3 2016/3 ■BA 105.7 108.4 *1 122.3 133.8 ■AA 86.6 93.1 97.0 94.8 ■LA *2 40.1 52.6 *3 48.4 45.7 Consolidated 231.1 252.4 266.9 273.6 *1 Orders
Slide 11: [Reference] Sales by Segment
1. Financial Results for the Fiscal Year Ended March 31, 2016 [Reference] Sales by Segment [Billions of yen] 300.0 200.0 100.0 0.0 2013/3 2014/3 2015/3 2016/3 ■BA 107.4 109.5 114.3 118.8 ■AA 87.6 90.8 93.6 93.5 ■LA 33.9 *1 49.5 *2 47.3 45.6 Consolidated 227.5 248.4 254.4 256.8 *1 In the fiscal year
Slide 12: [Reference] Segment Profit (Operating Income)
1. Financial Results for the Fiscal Year Ended March 31, 2016 [Reference] Segment Profit (Operating Income) [Billions of yen] 20.0 15.0 10.0 5.0 0.0 (5.0) 2013/3 2014/3 2015/3 2016/3 ■BA 10.1 10.5 12.2 12.0 ■AA 3.6 3.9 5.0 5.0 ■LA (0.3) *1 (0.6) *2 (1.9) 0.0 Consolidated 13.4 13.9 15.3 17.1 *1 In th
Slide 13: Overseas Sales by Region
1. Financial Results for the Fiscal Year Ended March 31, 2016 Overseas Sales by Region [Billions of yen] Overseas sales increased overall. While 50.0 25.0% demand fell in China and other emerging economies, and the business environment 40.0 20.0% grew more challenging, this increase is attributed to
Slide 14: Consolidated Financial Position
1. Financial Results for the Fiscal Year Ended March 31, 2016 Consolidated Financial Position ■ Assets Total assets fell by 6.5 billion yen from the previous fiscal year-end, despite increases in securities, in notes and accounts receivable- trade, and in inventories. The reduction was due to decrea
Slide 15: Consolidated Cash Flows
1. Financial Results for the Fiscal Year Ended March 31, 2016 Consolidated Cash Flows ■ Cash flows from operating activities decreased mainly due to a rise in notes and accounts receivable‐ trade according to an increase in sales, etc., despite a decrease in the amount paid in income taxes. Cash flo
Slide 16: 2. Financial Plan for the Fiscal Year Ending March 31, 2017
2. Financial Plan for the Fiscal Year Ending March 31, 2017 16
Slide 17: Consolidated Financial Plan
2. Financial Plan for the Fiscal Year Ending March 31, 2017 Consolidated Financial Plan Sales of 260 billion yen, operating income of 19 billion yen – We are aiming for a 4th consecutive period of increased sales and profits thanks to a diversified business portfolio focused on automation and the su
Slide 18: Segment Information - BA Business
2. Financial Plan for the Fiscal Year Ending March 31, 2017 Segment Information - ■ BA Business Highest ever level of profits is anticipated thanks to robust market conditions. Taking into account robust orders in the previous fiscal year, the plan anticipates sales growth in the profitable domestic
Slide 19: Segment Information - AA Business
2. Financial Plan for the Fiscal Year Ending March 31, 2017 Segment Information - ■ AA Business Fall in profits is forecast as a result of continued sluggishness in capital investment and the effect of exchange rates. Owing to the slackening seen in both domestic and overseas markets, and also the a
Slide 20: Segment Information - LA Business
2. Financial Plan for the Fiscal Year Ending March 31, 2017 Segment Information - ■ LA Business Significant improvement in profits is expected thanks to the effect of business reforms. A significant improvement in segment profit is expected thanks to business structure reforms implemented in each fi
Slide 21: Initiative to strengthen the foundation of the LA business
2. Financial Plan for the Fiscal Year Ending March 31, 2017 Initiative to strengthen the foundation of the LA business LA Business Objectives and Evolution While focusing on automation, we have till now avoided overconcentration on a single market by creating a diversified portfolio – composed of
Slide 22: Further initiatives to stabilize business in the LSE field and generate profits
2. Financial Plan for the Fiscal Year Ending March 31, 2017 Further initiatives to stabilize business in the LSE field and generate profits １．Business development objectives & progress in the Life Science Engineering (LSE) field In the LSE field, business development will be focused around Azbil T
Slide 23: [Reference] Sales by Segment
2. Financial Plan for the Fiscal Year Ending March 31, 2017 [Reference] Sales by Segment [Billions of yen] 300.0 200.0 100.0 0.0 2014/3 2015/3 2016/3 2017/3 (Plan) ■ B A 109.5 114.3 118.8 120.0 ■ A A 90.8 93.6 93.5 94.0 ■ L A *1 49.5 *2 47.3 45.6 46.0 Consolidated 248.4 254.4 256.8 260.0 *1 In the f
Slide 24: [Reference] Segment Profit (Operating Income)
2. Financial Plan for the Fiscal Year Ending March 31, 2017 [Reference] Segment Profit (Operating Income) [Billions of yen] 20.0 15.0 10.0 5.0 0.0 (5.0) 2014/3 2015/3 2016/3 2017/3 (Plan) ■ B A 10.5 12.2 12.0 13.0 ■ A A 3.9 5.0 5.0 4.3 ■ L A *1 (0.6) *2 (1.9) 0.0 1.7 Consolidated 13.9 15.3 17.1 19.0
Slide 25: 3. Return to Shareholders
25 3. Return to Shareholders azbil
Slide 26: Annual Dividend: 74 yen per share
３．Return to Shareholders Dividends Plan Dividends Plan for the fiscal year ending March 2017 ～to enhance the return of profits to shareholders～ Annual Dividend: 74 yen per share (Ordinary dividend raised by 2 yen, additional commemorative dividend of 5 yen) [Basic policy] We place great importance o
Slide 27: 4. Final Year of the Medium-term Plan
4. Final Year of the Medium-term Plan 27
Slide 28: Medium-term Plan (2013/4-2017/3)
４．Final Year of the Medium-term Plan Medium-term Plan (2013/4-2017/3) This year – the 10th anniversary of the adoption of “human-centered automation” and the 110th anniversary of our founding – is designated for implementing sweeping reforms and for further strengthening initiatives. Domestic Group
Slide 29: Medium-term Plan (2013/4-2017/3)
４．Final Year of the Medium-term Plan Medium-term Plan (2013/4-2017/3) Fundamental objectives of the medium-term plan Through the pursuit of “human-centered automation”, Shift to the business that supports customers throughout the lifecycle of their facilities; Acceleration of global business dev
Slide 30: Medium-term Plan: Business reforms, continued strengthening of business structure
４．Final Year of the Medium-term Plan Medium-term Plan (2013/4-2017/3) Business reforms, continued strengthening of business structure BA business AA business LA business Strengthening the foundations of the Shifting to priority fields (HA/FA field), Upgrading the foundation of the Azbil domest
Slide 31: Medium-term business plan: numerical targets & review
４．Final Year of the Medium-term Plan Medium-term Plan (2013/4-2017/3) Note: Figures in parentheses show the amount Medium-term business plan: numerical targets & review by which the initial plan has been revised FY2012(2013/4) FY2016(2017/3) (actual results) (plan published on May 13, 2016) 227.5 bi
Slide 32: FY2016 priority measures - Looking beyond the current Medium-term plan
４．Final Year of the Medium-term Plan FY2016 priority measures – Looking beyond the current Medium-term plan Strengthening & accelerating the generation of results in growth areas Steady progress is being made with business structure reforms and strengthening the business infrastructure, but since
Slide 33: The azbil Group's CSR management
４．Final Year of the Medium-term Plan The azbil Group’s CSR management Strengthening CSR management and complying with Japan’s Corporate Governance Code Presenting all stakeholders with the Realizing effective enterprise management “human-centered” azbil Group Continual pursuit, through regular sel
Slide 34: azbil Group Philosophy: human-centered automation
azbil Group Philosophy To realize safety, comfort, and fulfillment in people’s lives and contribute to global environmental preservation through “human-centered automation” Azbil Corporation celebrates its 110th anniversary in 2016. Yamatake for 100 years, azbil for 10 years. Together 110 years. Thr
Slide 35: Capital Expenditure, Depreciation and R&D Expenses
Relevant Information Capital Expenditure, Depreciation and R&D Expenses [Billions of yen] ■ Capital Expenditure, Depreciation ■ R&D Expenses, R&D Expenses/Net Sales 7.0 12.0 5.0% 6.0 10.0 4.0% 5.0 8.0 3.0% 4.0 6.0 3.0 2.0% 4.0 2.0 1.0% 2.0 1.0 0.0 0.0 0.0% 2014/3 2015/3 2016/3 2017/3 2014/3 2015/3 2
Slide 36: Sympathy for Kyushu earthquakes and contact
We would like to offer our deepest sympathy to all of those who have suffered as a result of the recent earthquakes in Kumamoto and Oita prefectures, Kyushu. We hope for a rapid recovery in the affected areas, and the entire azbil Group is pursuing activities – namely, the supply of products and ser