TDK Corporation · TSE:6762

TDK — Q1 FY March 2013 Earnings Presentation

21 slides from TDK's earnings presentation, Jul 31, 2012

  1. Slide 1: Performance Briefings 1Q of Fiscal Year March, 2013

    Performance Briefings 1Q of Fiscal Year March, 2013 TDK Corporation July 31, 2012 Copyright© 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year March, 2013 July 31, 2012 -1-

  2. Slide 2: Consolidated 1Q Results and Recording Device Business

    ◆Consolidated 1Q Results of FY March, 2013 Takakazu Momozuka Corporate Officer, General Manager of Finance & Accounting Department ◆Recording Device Business Shigenao Ishiguro General Manager of Data Storage & Thin Film Technology Components BG Copyright© 2012 TDK Corporation. All rights reserved. P

  3. Slide 3: Consolidated 1Q Results of FY March, 2013

    Consolidated 1Q Results of FY March, 2013 Takakazu Momozuka Corporate Officer, General Manager of Finance & Accounting Department Copyright© 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year March, 2013 July 31, 2012 -3-

  4. Slide 4: Consolidated 1Q results of FY March 2013

    Consolidated 1Q results of FY March 2013 FY March 2012 FY March 2013 Change (Yen billions） 1Q Results 1Q Results Yen billions % Net Sales 206.2 208.7 2.5 1.2 Operating Income 6.0 9.2 3.2 53.8 Operating Income Margin 2.9% 4.4% 1.5pt - Income from Continuing Operations before Income Taxes 3.7 8.8 5.2

  5. Slide 5: Features in 1Q results of FY March 2013

    Features in 1Q results of FY March 2013 ◆Consolidated sales increased 1.2%, operating income increased 53.8% ・Market of consumer products and communication products was below our expectations ・Market of automobiles was steady as our expectations ・Increasing trend in profitability on quarterly basis

  6. Slide 6: Breakdown of Operating Income Changes

    Breakdown of Operating Income Changes 1Q of FY 2012 Operating income : +3.2 1Q of FY 2013 6.0 billion yen 9.2 billion yen Decrease in negative impact by earthquake +3.0 billion yen Decrease in negative impact by change of Restructuring 9.2 effect pension plan billion yen +3.1 Changes in sales +2.5 (

  7. Slide 7: Operating Income: Segment Information

    Segment Information (FY2012 1Q vs.FY2013 1Q, FY2012 4Q vs. FY2013 1Q) YoY Change QoQ Change 1Q of FY 2012 4Q of FY 2012 1Q of FY 2013 （Ｃ）－（Ａ） （Ｃ）－（Ｂ） Apr 1- Jun 30, 2011 Jan 1- Mar 31, 2012 Apr 1- Jun 30, 2012 JPY billion （Ａ） （C） （C） Yen billions % Yen billions % Capacitor 36.1 31.6 31.4 (4.7) -12.9

  8. Slide 8: FY March 2013 Projections

    FY March 2013 Projections Term FY2013 FY2013 FY2012 (April 1, 2012 - (April 1, 2012 - (April 1, 2011 - vs FY2012 March 31, 2013) March 31, 2013) March 31, 2012) Changes Forecast in Forecast in Actual July'12 April'12 Item (Yen millions) (Yen millions) (Yen millions) (Yen millions) % Net Sales 900,00

  9. Slide 9: Recording Device Business

    Recording Device Business Shigenao Ishiguro General Manager of Data Storage & Thin Film Technology Components BG Copyright© 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year March, 2013 July 31, 2012 -9-

  10. Slide 10: Recording device business

    Recording device business ●HDD market FY March 2013 (TDK’s forecast as of April-end) : About 700 million units FY March 2013 (TDK’s forecast as of July-end) : About 660 million units ●Shipment index Recording Device Sales (Left, including HDD Head (HGA) and HDD Suspention) HDD Head Shipment Index (R

  11. Slide 11: Supplementary Data

    Supplementary Data Copyright© 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year March, 2013 July 31, 2012 - 11 -

  12. Slide 12: Quarterly sales and operating income by segment

    Quarterly sales and operating income by segment FY March 2012 FY March 2013 Yen billions 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Capacitors 36.1 34.2 30.6 31.6 132.4 31.4 Inductive Devices 32.9 31.4 28.6 28.4 121.2 28.2 Other Passive Components 32.8 34.4 30.4 30.5 128.0 31.8 Passive Components 101.7 99.

  13. Slide 13: Quarterly sales by applications (1Q of FY2012 –1Q FY2013)

    Quarterly sales by applications (1Q of FY2012 –1Q FY2013) ＜Quarterly sales by applications＞ 25.8% 23.6% 22.6% 20.7% 20.4% Industrial Equipment and Others 12.9% 14.3% 17.2% 18.4% 17.5% Car Electronics 14.7% 15.5% 18.0% 15.2% 14.3% Communication Products 46.6% 46.5% 42.2% 45.7% 47.8% Consumer Products

  14. Slide 14: Financial position

    Financial position （JPY billion） March End, 2012 June End, 2012 Change Total Asset 1,072.8 1,046.5 -26.3 Total Liability 560.8 561.8 1.0 Interest-bearing Debt 272.8 280.7 7.9 Stockholders's Equity 498.2 470.7 -27.5 (comprehensive income) -230.8 -257.8 -27.0 Stockholders's Equity ratio 46.4% 45.0% -1

  15. Slide 15: FY March2013 Projections –Capex, Depreciation, R&D-

    FY March2013 Projections –Capex, Depreciation, R&D- (JPY billion) Capital expenditure Depreciation R&D 120 99.7 100 85.0 83.8 79.9 82.0 78.6 77.6 80 64.4 60 53.9 53 52.6 53.0 40 20 0 10/3 12/3 13/3 13/3 10/3 11/3 12/3 13/3 11/3 10/3 11/3 12/3 Projections Projections Projections Copyright© 2012 TDK C

  16. Slide 16: FY March 2013 projections - Dividend -

    FY March 2013 projections - Dividend - JPY % Dividend Payout ratio 100 60 57.2 90 80 80 Projections 80 60 40 60 28.3 40 22.8 20 20 0 0 2010/3 2011/3 2012/3 2013/3 Copyright© 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year March, 2013 July 31, 2012 - 16 -

  17. Slide 17: Copyright © 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year

    Copyright© 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year March, 2013 July 31, 2012 - 17 -

  18. Slide 18: Copyright © 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year

    Copyright© 2012 TDK Corporation. All rights reserved. Performance Briefings 1Q of Fiscal Year March, 2013 July 31, 2012 - 18 -

  19. Slide 19: Reference information regarding segment reclassification

    Reference information regarding segment reclassification Since FY March 2012 (=previous fiscal year), TDK has had three reporting segments— Passive Components, Magnetic Application Products and Film Application Products— as well as Other, which includes products not included in these three reporting

  20. Slide 20: 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 s

  21. Slide 21: Text data including Q&A of performance briefing will be uploaded on following site http://www.global.tdk.com/ir/ir_ev…

    Text data including Q&A of performance briefing will be uploaded on following site http://www.global.tdk.com/ir/ir_events/conference/2013/1q_1.htm

TDK — Q1 FY March 2013 Earnings Presentation on 6ix