Ushio Inc. · TSE:6925
Ushio — FY2007/3 Earnings Presentation
15 slides from Ushio's earnings presentation, Apr 26, 2007
Slide 1: USHIO INC. Lighting-Edge Technologies
USHIO INC. April 26,2007 Lighting-Edge Technologies
Slide 2: Consolidated Statements, 2007/3
Consolidated Statements, 2007/3 Net Sales 129.3 Operating Income 18.5 Ordinary Income | ky) Net Income 14.9 Operating Margin Ratio 14.3% Ordinary Margin Ratio 18.0% Net Margin Ratio 11.5% EPS ¥107.81 ROE 10.7% Dividend ¥20 Exchange rate (average) U.S. Dollars ¥113.93 EURO ¥138.13 2007.04.26 Actual A
Slide 3: Quarter Statements, 2007/3
Quarter Statements, 2007/3 (Billions of yen) 1Q 2Q 3Q Net Sales 33.7 38.1 39.5 Operating Income _ 5.3 5.1 5.4 Ordinary Income 6.7 6.4 7.4 Net Income 4.3 4.2 4.9 Operating Margin Ratio 15.9% 13.5% 13.7% Ordinary Margin Ratio 19.8% 16.7% 18.7% Net Margin Ratio 12.6% 11.1% 12.5%
Slide 4: Results of Operation
: Results of Operation , Net Sales Operating Income (Billions of yen) (Billions of yen) 180 -- (%) 155.0 95, i 21.0 7" 20 120 90 15 60 10 30 5 0 0 2002/3 2003/3 2004/3 2005/3 2006/3 2007/3 2008/3 2002/3 2003/3 2004/3 2005/3 2006/3 2007/3 2008/3 (Projected) (Projected) @®——®_ Operating Income Ratio L
Slide 5: Assets (Change)
(Billions of yen) (Change) 237.5 24.5 213.0 : ecccccececccce Cash and bank deposits eccccccccccece Notes and accounts receivable ecccccecccecce Marketable securities PTTTTYILT TT TTT Inventories ececesoccocece Other current assets eovcessccoccce Property,Plant and equipment Intangible assets Investm
Slide 6: Liabilities - Total Net Assets
Liabilities - Total Net Assets (Change) 237.5 24.5 (Bilions of yen) 213.0 Notes and accounts payable Other current liabilities Long-term liabilities Total net assets Equity Ratio 2006/3 2007/3 70.7% 71.5% 2006/3 2007/3 3XDue to the amendments of accounting rules, the item ‘net assets’ has been inclu
Slide 7: Sales by Product Groups
Sales by Product Groups (Billions of yen) 1 51 . 5 160 — 5.1 Machinery for Industrial Use . and Other Business , Illumination and 140 | | 9 2 Related Facilities ‘ e Imaging Equipment a) 91.9 pee . 57.0 100 |- e 49.2 2 Optical Equipment 2 dl 0 33.4 39.0 2 ed Discharge Lamps 40 3 | 66.5 68.3 71.8 56.3
Slide 8: Segment Information
: Segment Information Operating Income by Region Net Sales by Region (Billions of yen) a 2006/3 (Billions of yen) ju 2006/3 400 - (i 2007/73 15- >) 2007/73 12 e I 0,30.6 Japan Overseas (North (Asia) (Europe) Japan Overseas (North (Asia) (Europe) America) America) Lighting-Edge Technologies Ushio
Slide 9: Cash Flows
iCashFows % ( ) Change from the prior period (Billions of yen) eeevecee Operating Activities 25 - : ® eeeeee Investing Activities 20+ ~ : seeeeee Financing Activities 15b 2 8 10 2 3 5 : 3 0 —— = - 5 0.4 e 5 eee Free cash flow -10 15L 2006/3 2007/3 Cash and cash equivalents Cash and cash equivalents
Slide 10: Other Income and Expenses
: Other Income and Expenses a (millions of yen) 2006/3 2007/3 Change Other Income 992 Interest Income 663 866 203 Dividend 493 679 186 Others 4,361 4,965 604 Other Expenses 812 1,092 280 Interest Expenses 416 413 A3 Others 396 679 283 Other Income and Expenses XAll the figures in this page are round
Slide 11: Capital Expenditures, Depreciation and Amortization, R&D Expenses
: Capital Expenditures, Depreciation and Amortization, R&D Expenses Capital Expenditures Depreciation and Amortization (Billions of yen) 15 12.8 12 2008/3 (Projected) 2004/3 2005/3 2006/3 2007/3 EE Capital Expenditures (mm ~Depreciation and Amortization R&D Expenses (Billions of yen) 2004/3 2005/3 2
Slide 12: Number of Employees
Number of Employees (Person) 5,000 -— 4,782 @—@ Total 2003/3 2004/3 2005/3 2006/3 2007/3 XFigures are as of end March in each fiscal year. Lighting Edge Technologies es Shi ke
Slide 13: Targets for FY2010 and Key Business Strategies
Targets （for the FY2010） ： ¥ ¥ ROE ： ¥¥ Key business strategies Accelerating the digital cinema projectors Diversification of the products for LCD and business and to ensure the expansion semiconductors markets of the higher yield Strengthening the solution business Strengthening the development of
Slide 14: 2007 Medium-term Vision
2007 Medium-term Vision I Sales by Product Groups (Billions of yen) es Optical Equipment (QT Numination (QT Machinery for Industrial Use 190.0 !99) Discharge Lamps and Related Facilities and Other Business . 200 — (ENENE Halogen Lamps SE Imaging Equipment 7.4 151.5 2001/3 2002/3 2003/3 2004/3 2005/3
Slide 15: Lighting-Edge Technologies
Lighting-Edge Technologies This report contains forward-looking statements which reflect management’ s views at the time of the announcement with respect to certain future events and financial performance. Actual results may differ materially from those projected or implied in any forward-looking st