TDK Corporation · TSE:6762

TDK — Q3 FY March 2017 Earnings Presentation

23 slides from TDK's earnings presentation, Jan 31, 2017

  1. Slide 1: Performance Briefing 3Q of Fiscal Year March, 2017

    Performance Briefing 3Q of Fiscal Year March, 2017 TDK Corporation January 31, 2017 Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 -1-

  2. Slide 2: Consolidated Results for 3Q and Full Year Projections

    ◆Consolidated Results for 3Q of FY March 2017 Consolidated Full Year Projections for FY March 2017 Tetsuji Yamanishi, Corporate Officer Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 -2-

  3. Slide 3: Consolidated Results for 3Q of FY March 2017 and Full Year Projections

    Consolidated Results for 3Q of FY March 2017 Consolidated Full Year Projections for FY March 2017 Tetsuji Yamanishi Corporate Officer Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 -3-

  4. Slide 4: Key points concerning earnings for 3Q of FY March 2017

    Key points concerning earnings for 3Q of FY March 2017 ◆ Net sales and operating income both achieved new records on a quarterly basis. Net sales rose 7.7% and operating income rose 7.3% year on year. The passive components segment and the film application products segment both posted higher net sal

  5. Slide 5: Consolidated Results for 3Q of FY March 2017

    Consolidated Results for 3Q of FY March 2017 FY March 2016 FY March 2017 Change 3Q Results 3Q Results (Yen billions) Yen billions % Net Sales 301.7 324.8 23.1 7.7 Operating Income 30.3 32.5 2.2 7.3 Operating Income Margin 10.0% 10.0% +0.0pt - Income before Income Taxes 29.9 32.1 2.2 7.4 Net Income 2

  6. Slide 6: 3Q Results - Passive Components Segment

    3Q Results - Passive Components Segment Net Sales Net Sales 147.9 billion yen (up 3.0% year on year) (Yen billions) 147.9 Operating Income 20.4 billion yen (up 16.6% year on year) 143.6 ◆ Ceramic Capacitors ・Sales decreased year on year. ・Sales to the automobile market increased, while sales to the

  7. Slide 7: 3Q Results - Magnetic Application Products Segment

    3Q Results - Magnetic Application Products Segment Net Sales Net Sales 92.4 billion yen (up 13.0% year on year) (Yen billions) 92.4 Operating income 4.8 billion yen (up 2.1% year on year) 81.8 ◆ HDD Heads ・Sales increased year on year. ・HDD head sales were stronger than initially projected, despite

  8. Slide 8: 3Q Results - Film Application Products Segment

    3Q Results - Film Application Products Segment Net Sales Net sales 76.4 billion yen (up 13.0% year on year) (Yen billions) 67.6 76.4 Operating income 16.2 billion yen (up 11.0% year on year) ◆ Energy Devices (Rechargeable Batteries) ・Sales increased year on year. ・Sales for smartphones increased sig

  9. Slide 9: Quarterly Results by Segment

    Quarterly Results by Segment 3Q of 2Q of 3Q of YoY Change QoQ Change (C)-(A) (C)-(B) FY March 2016 FY March 2017 FY March 2017 (Yen billions) (A) (B) (C) Yen billions % Yen billions % Capacitors 36.4 33.7 33.6 (2.8) -7.7 (0.1) -0.3 Inductive Devices 38.9 35.5 36.6 (2.3) -5.9 1.1 3.1 Other Passive Co

  10. Slide 10: Breakdown of Operating Income Changes

    Breakdown of Operating Income Changes 3Q of 3Q of Operating Income +2.2 billion yen FY March 2017 FY March 2016 30.3 billion yen 32.5 billion yen (Yen billions) Sales price Changes in sales reduction +21.4 (15.9) Rationalization, Benefits from SG&A expenses Exchange cost reduction restructuring incr

  11. Slide 11: Consolidated Results through 3Q

    Consolidated Results through 3Q of FY March 2017 FY March 2016 FY March 2017 Change Results through 3Q Results through 3Q (Yen billions) (2015.4.1～2015.12.31) (2016.4.1～2016.12.31) Yen billions % Net Sales 889.3 904.0 14.7 1.7 Operating Income 75.9 76.8 0.9 1.2 Operating Income Margin 8.5% 8.5% +0.0

  12. Slide 12: Full Year / Dividend Projections

    FY March 2017 Full Year / Dividend Projections FY March 2017 FY March 2017 FY March 2017 YoY Change FY March 2016 Full Year Projections Full Year Projections Full Year Projections Full Year Results Yen billions % (Yen billions) (announced Apr. 28, 2016) (announced Oct. 31, 2016) (announced Jan. 31,

  13. Slide 13: Supplementary Data

    Supplementary Data Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 - 13 -

  14. Slide 14: Quarterly sales and operating income by segment

    Quarterly sales and operating income by segment FY March 2016 FY March 2017 (Yen billions) 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Capacitors 39.1 39.5 36.4 35.4 150.4 34.4 33.7 33.6 Inductive Devices 39.7 40.2 38.9 36.3 155.1 35.7 35.5 36.6 Other Passive Components 71.4 72.6 68.2 65.8 278.0 67.6 74.8 7

  15. Slide 15: Projections and Forex sensitivity

    FY March 2017 Projections and Forex sensitivity Expenses (Yen billions) 250 Capital expenditure Depreciation R&D 200.0 200 190.0 160.7 150 102.5 95.0 90.0 90.0 90.0 100 85.6 82.9 80.2 83.2 84.9 77.4 70.6 68.6 63.4 53.5 50 0 13/3 14/3 15/3 16/3 17/3 17/3 13/3 14/3 15/3 16/3 17/3 17/3 13/3 14/3 15/3 1

  16. Slide 16: Financial Position

    Financial Position March End, September End, December End, Change from (Yen billions) 2016 2016 2016 Sep End, 2016 Total Asset 1,450.6 1,483.5 1,676.8 193.3 Total Liability 765.9 874.8 948.6 73.8 Stockholders's Equity 675.4 601.6 719.9 118.3 (Comprehensive Income) (102.3) (195.4) (94.3) 101.1 Stockh

  17. Slide 17: Cash Flows

    Cash Flows FY March 2016 FY March 2017 YoY Results through 3Q Results through 3Q Change (Yen billions) Operating Cash Flow 117.5 115.4 (2.1) Investing Cash Flow (103.4) (137.8) (34.4) Free Cash Flow 14.1 (22.4) (36.5) Financing Cash Flow 46.2 43.1 (3.1) Effect of Exchange Rate Chagens on Cash and Ca

  18. Slide 18: Quarterly sales by applications

    Quarterly sales by applications (1Q of FY March 2016 - 3Q of FY March 2017) Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 - 18 -

  19. Slide 19: Passive Components Business quarterly sales by applications

    Passive Components Business quarterly sales by applications (1Q of FY March 2016 - 3Q of FY March 2017) Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 - 19 -

  20. Slide 20: Copyright © 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017

    2007/3 : FY March 2007 Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 - 20 -

  21. Slide 21: Copyright © 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017

    2007/3 : FY March 2007 Copyright© 2017 TDK Corporation. All rights reserved. 3Q of Fiscal Year March, 2017 January 31, 2017 - 21 -

  22. Slide 22: Cautionary Statements with Respect to Forward-Looking Statements

    Cautionary Statements with Respect to Forward-Looking Statements This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings, and evaluations about TDK, or its group companies (TDK Group). These forward-looking

  23. Slide 23: Text data including Q&A will be uploaded

    Text data including Q&A of performance briefing will be uploaded on following site http://www.global.tdk.com/ir/ir_events/conference/2017/3q_1.htm

TDK — Q3 FY March 2017 Earnings Presentation on 6ix