Slide 1: Business Results
Business Results Third Quarter of Fiscal Year Ending March 31, 2009 January 30, 2009 Minebea Co., Ltd.
Slide 2: Summary of Consolidated Business Results
Summary of Consolidated Business Results Net Sales and Income decreased due to global economic downturn, in addition to currency impacts and higher raw material costs Year ended Year ending Change Mar. '08 Mar. '09 (Millions of yen) 1Q-3Q 1Q-3Q YoY Net sales 253,389 209,780 -17.2% Operating income 2
Slide 3: Summary of Consolidated Business Results for 3Q
Summary of Consolidated Business Results for 3Q Net Sales and Income decreased due to global economic downturn FY ended FY ended Mar. '09 Change (Millions of yen) Mar. '08 3Q 2Q 3Q YoY QoQ Net sales 85,142 76,572 59,166 -30.5% -22.7% Operating income 8,355 6,615 4,532 -45.7% -31.5% Ordinary income 7
Slide 4: Net Sales
Quarterly Net Sales (Billions of yen) Decreased 30.5% YoY Decreased 22.7% QoQ 100.0 83.8 83.3 83.7 81.8 86.5 85.1 81.0 80.2 80.0 74.0 76.6 59.2 60.0 40.0 20.0 0.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY 3/07 FY 3/08 FY 3/09 January 30, 2009 3
Slide 5: Operating Income
Quarterly Operating Income Decreased 45.7% YoY (Billions of yen) Decreased 31.5% QoQ 10.0 9.8% 9.0% 8.7% 9.3% 9.0% 8.6% 10.0% 8.0 7.9% 7.5% 7.3% 7.7% 8.0% 6.9% 6.0 8.4 8.0 6.0% 7.5 7.1 7.3 4.0 6.6 6.6 6.3 4.0% 5.9 5.1 4.5 2.0 2.0% 0.0 0.0% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY 3/07 FY 3/08 FY 3/09 Ope
Slide 6: Machined Components Business
Business Segments Machined Components Business Net sales Othe r mac hi ne d c ompo n en ts Operating income (Billions of yen) Pi vo t asse mbli e s (Billions of yen) 40.0 R od- en ds Operating Income Operating Margin Bal l be ari ngs 8.0 35.7 36.7 36.1 20.6% 34.5 35.5 35.7 19.8% 19.3% 19.8% 34.2 4.5
Slide 7: Electronic Devices & Components Business
Business Segments Electronic Devices & Components Business Net sales Operating income HDD spin dl e moto rs In fo rmatio n motors (Billions of yen) Operating Income Oth e rs Keyboards 1.5 6.0% E lec tro ni c de vic es Spe akers Operating Margin Me asu rin g co mpo ne n ts (Billions of yen) 49. 8 50.
Slide 8: Net Income
Quarterly Net Income (Billions of yen) Decreased 51.6% YoY （Yen） Decreased 31.5% QoQ 6.0 12.7 14 5.0 10.5 10.5 10.9 12 9.5 8.2 9.0 10 4.0 7.9 5.1 6.6 8 3.0 6.2 4.2 4.2 4.3 6 3.8 3.6 2.0 3.3 3.0 3.1 4 2.6 2.4 1.0 1.2 2 0.0 4Q 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY 3/07 FY 3/08 FY 3/09 Net income Net i
Slide 9: S.G. & A. Expenses
Quarterly S.G. & A. Expenses (Billions of yen) 15.0 20% 12.1 12.4 12.8 12.8 12.6 18.4% 11.4 11.7 12.0 12.0 12.3 16.6% 16.5% 10.9 15% 10.0 15.2% 15.1% 14.2% 14.3% 14.5% 14.8% 14.8% 13.9% 10% 5.0 5% 0.0 0% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY 3/07 FY 3/08 FY 3/09 S.G. & A. expenses S.G. & A. to sales r
Slide 10: Inventories
Quarterly Inventories (Billions of yen) 60.0 50.9 47.7 48.1 48.6 48.6 48.5 45.9 46.4 45.4 42.4 40.9 40.0 20.0 0.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY 3/07 FY 3/08 FY 3/09 January 30, 2009 9
Slide 11: Capital Expenditure & Depreciation
Quarterly Capital Expenditure & Depreciation (Billions of yen) 30.0 26.4 24.0 24.6 24.9 24.0 23.1 22.5 21.9 20.0 18.5 18.5 17.0 17.0 10.0 0.0 FY 3/05 FY 3/06 FY 3/07 FY 3/08 FY 3/09 FY 3/09 Capital Expenditure 1Q-3Q Forecast Depreciation & Amortization Expenses *From FY 3/09, due to change in lease
Slide 12: Net Interest-Bearing Debt
Yearly Net Interest-Bearing Debt Target to reduce net interest-bearing debt to ¥100 billion by this FY end (Billions of yen) (Billions of yen) 160.0 150.7 146.9 30.0 128.5 23.4 120.0 109.6 107.6 100.0 20.0 22.7 80.0 16.0 9.1 12.5 10.0 40.0 3.8 0.0 0.0 FY 3/05 FY 3/06 FY 3/07 FY 3/08 FY 3/09 FY 3/09
Slide 13: Forecast for Fiscal Year Ending March 31, 2009
Forecast for Fiscal Year Ending March 31, 2009 Full year forecast revised downward due to global economic downturn and currency impacts FY ended Fiscal Year ending Mar. '09 Fiscal Year ending Mar. '09 Mar. '08 Previous forecast (Millions of yen) Full year Amount change Full year revised YoY Full yea
Slide 14: Business Segments Forecast for Fiscal Year Ending March 31, 2009
Business Segments Forecast for Fiscal Year Ending March 31, 2009 Machined Components Electronic Devices and Components Net Sales Net Sales Bal l bearings Rod-ends HDD spin dle motors In formation motors Oth e rs Ke yboards Pi vot assembl ies Other machi ned components Ele c troni c de vi ce s Spe ak
Slide 15: Minebea Co., Ltd.
Minebea Co., Ltd. Business Results http://www.minebea.co.jp/ Any statements in the presentation which are not historical fact are future projections made based on certain assumptions and executive judgment drawn from currently available information. Please note that actual performance may vary signi