TDK Corporation · TSE:6762
TDK — Q1 FY March 2019 Earnings Presentation
13 slides from TDK's earnings presentation, Jul 30, 2018
Slide 1: Consolidated Results for 1Q of FY March 2019
Consolidated Results for 1Q of FY March 2019 Tetsuji Yamanishi Senior Vice President © TDK Corporation 2018 Performance Briefing 1Q of Fiscal Year March 2019 Corporate Communications Group July 30, 2018 1
Slide 2: Key points concerning earnings for 1Q of FY March 2019
Key points concerning earnings for 1Q of FY March 2019 ● Both net sales and operating income increased year on year ● Net sales achieved a new record on a quarterly basis ¬ Net sales rose 18.5% year on year. Operating income increased 53.0% year on year. ¬ In the Passive Components segment, TDK cont
Slide 3: Consolidated results for 1Q of FY March 2019
Consolidated results for 1Q of FY March 2019 FY March 2018 FY March 2019 Change 1Q results 1Q results (Yen billions) Yen billions % Net sales 289.5 343.1 53.6 18.5 Operating income 16.6 25.4 8.8 53.0 Operating income margin 5.7% 7.4% +1.7 pt - Income before income taxes 16.9 23.7 6.8 40.2 Net income
Slide 4: 1Q results - Passive Components segment
1Q results - Passive Components segment Net sales (Yen billions) 112.7 Net sales 112.7 billion yen (up 16.5% year on year) 96.7 Operating income 14.0 billion yen (up 35.9% year on year) ● Ceramic Capacitors ¬ Sales and operating income increased year on year against a background of strong demand. ¬
Slide 5: 1Q results - Sensor Application Products segment
1Q results - Sensor Application Products segment Net sales Net sales 18.9 billion yen (up 16.0% year on year) (Yen billions) 18.9 Operating income -4.9 billion yen (down ―% year on year) 16.3 ● Sensors ¬ Sales increased year on year. ¬ Sales of Temperature and Pressure Sensors and Magnetic Sensors i
Slide 6: 1Q results - Magnetic Application Products segment
1Q results - Magnetic Application Products segment Net sales (Yen billions) Net Sales 70.5 billion yen (up 6.2% year on year) 70.5 66.4 Operating income 3.5 billion yen (down 5.4% year on year) ● HDD Heads ¬ Both sales and operating income of HDD Heads increased year on year due to an improved produ
Slide 7: 1Q results - Energy Application Products segment
1Q results - Energy Application Products segment Net sales Net Sales 125.6 billion yen (up 31.8% year on year) (Yen billions) 125.6 Operating income 21.0 billion yen (up 55.6% year on year) 95.3 ● Energy Devices (Rechargeable Batteries) ¬ Sales and profit increased year on year. ¬ In the ICT market,
Slide 8: Quarterly results by segment
Quarterly results by segment 1Q of 4Q of 1Q of YoY change QoQ change (C)-(A) (C)-(B) FY March 2018 FY March 2018 FY March 2019 (Yen billions) (A) (B) (C) Yen billions % Yen billions % Capacitors 36.3 41.4 44.5 8.2 22.6 3.1 7.5 Inductive Devices 37.6 39.2 41.3 3.7 9.8 2.1 5.4 Other Passive Components
Slide 9: Breakdown of operating income changes
Breakdown of operating income changes 1Q of 1Q of FY March 2018 Operating income +8.8 billion yen FY March 2019 16.6 billion yen Benefits from SG&A expenses 25.4 billion yen Rationalization, cost reduction restructuring increase (Yen billions) (7.6) +10.5 +0.2 Exchange Sales price One-time Changes i
Slide 10: Projections for 2Q of FY March 2019 - Image of changes in sales
Projections for 2Q of FY March 2019 - Image of changes in sales (Yen billions) 2Q projections Segment 1Q of FY March 2019 (QoQ change) Passive Components 112.7 ±0% Sensor Application Products 18.9 +8～+11% Magnetic Application Products 70.5 +5～+7% Energy Application Products 125.6 +9～+12% Other 15.4
Slide 11: Full year / dividend projections
FY March 2019 full year / dividend projections FY March 2019 YoY change FY March 2018 full year projections full year results Yen billions % (announced on Apr. 27, 2018) (Yen billions) Net sales 1,271.7 1,340.0 68.3 5.4 Operating income 89.7 100.0 10.3 11.5 Operating income margin 7.1% 7.5% +0.4 pt
Slide 12: 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
Slide 13: Text data including Q&A of performance briefing 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/2019/1q_1.htm