Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q1 FY2013 Earnings Presentation
16 slides from Hirose Electric's earnings presentation, Aug 1, 2013
Slide 1: Business Results for First Quarter, FY2013
Business Results for First Quarter, FY2013 Creative Links to World Electronic Aug 1st, 2013 Hirose Electric Co.,Ltd 1
Slide 2: Cautionary Statement
Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward- looking statements. Thank
Slide 3: Business Situation of 1Q FY2013
Business Situation of 1Q FY2013 [FY2012] • 1Q : Except for the Korean company with strong orders, order level is low in Smartphone/Mobile market. On the other hand, Automotive continues to maintain the high level order. • 4Q : Sluggish Industrial market gradually shows a sign of recovery. In the Sma
Slide 4: Orders and Sales Changes (Consolidated Basis, Index Number)
FY2012 1Q - Jun Orders and Sales Changes (Consolidated Basis, Index Number) All Connectors 160 Adjustment in Korean/Chinese Chinese Smartphone Smartphone recovers and good trend continues in Hirose Order Korea 136 140 Sales 124 124 129 120 122 121 107 100 101 96 100 Average of FY2012 = 100 104 99 98
Slide 5: Sales Changes by Markets: Smartphone / Mobile Phone
FY2012 1Q- Jun Sales Changes by Markets (Consolidated Basis, Index Number) Smartphone / Mobile Phone 180 169 Order increase in Korean/Chinese 160 Smartphone 145 137 140 121 Adjustment in 120 108 Korean/Chinese Smartphone 100 Average of FY2012 = 100 82 90 80 60 FY2012.1Q FY2012.2Q FY2012.3Q FY2012.4Q
Slide 6: Sales Changes by Markets: Automotive
FY2012 1Q- Jun Sales Changes by Markets (Consolidated Basis, Index Number) Automotive 130 Sign of recovery Impacted by domestic 119 120 118 automotive manufacturers reducing production due to 114 the boycott of Japanese goods in China 110 104 104 101 100 Average of FY2012 = 100 91 90 80 FY2012.1Q FY
Slide 7: Sales Changes by Markets: Electric Equipment, FA and Others
FY2012 1Q- Jun Sales Changes by Markets (Consolidated Basis, Index Number) Associated Electric Equipment, FA Controlling Device, and Others 130 Sign of 124 Recovery 119 120 120 110 103 99 100 98 100 Average of FY2012 = 100 90 Sluggish order via distributors, etc. 80 FY2012.1Q FY2012.2Q FY2012.3Q FY2
Slide 8: Business Results for 1Q, FY2013
Business Results for 1Q, FY2012 (hundred millions of Yen) (Ａ )FY2012 (B)FY2013 (B)-(A) (B)/(A) Major Changes over prior same period 1Q 1Q (unit:hundred millions of Yen) Sales 230.9 297.2 66.3 28.7% [Sales] 66.3 increase (COGS Ratio) (56.7%) (54.8%) (-1.9%) Hirose Japan Subsidiaries (SGA Ratio) (19.8
Slide 9: Sales and Profit by Quarter
Sales and Profit by Quarter Highest (hundred millions of Yen) amount as 500 50.0% 1Q sales Sales 40.0% 400 29.3% 25.6% 30.0% 24.3% 25.0% 24.0% 23.8% 20.8% 297 Recurring 300 20.7% 17.1% 20.0% Profit 248 243 237 242 249 231 225 231 10.0% 200 Recurring Profit Ratio 0.0% 87 100 64 59 48 58 57 58 52 39 -
Slide 10: Changes in Consolidated Balance Sheet (Assets)
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31, 2013 (B) Jun 30, 2013 (B) - (A) Remark Cash and Cash in Bank 1,157.0 1,162.5 5.5 Increase in overseas subsidiaries, etc. Trade 241.9 271.8 29.9 Increase due to sales increase Receivables Inventories 79.1 84.3 5.2 Non
Slide 11: Changes in Consolidated Balance Sheet (Liabilities and Equity)
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31, 2013 (B) Jun 30, 2013 (B) - (A) Remark Notes Payable and Account 108.0 124.5 16.5 Increase increase due to production Payable Income Taxes Payable 38.9 42.3 3.4 Others 111.2 130.8 19.6 Increase in Accounts payable-fa
Slide 12: Sales by Market (Round Number) [Consolidated Basis]
Sales by Market (Round Number) [Consolidated Basis] FA Controlling FA Controlling Equipment 3% Equipment 2% Smartphone/ Office Others Mobile Phone Office Machinery Others 22% Smartphone/ Machinery 3% 27% 2% 21% Mobile Phone NotebookPC 3% 38% Cable FY2012 1Q Cable Communication Automotive Communicati
Slide 13: Sales Changes by Market (Round Number) [Consolidated Basis]
Sales Changes by Market (Round Number) [Consolidated Basis] 120 84%up FY2012 1Q 22%up FY2013 1Q 12%up 53%up 0 Cable Smartphone Notebook Associated FA Automotive PC Electronic Communication Controlling / Mobile Phone Equipment Equipment Industrial Digital Computer Office Wireless *2 and others Consum
Slide 14: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 72 70 66 61 60 56 59 60 Overseas 51 Sales Ratio 50 47 41 40 36 32 Overseas 30 32 Production 20 Ratio 10 0 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 H25.1Q 1Q 14
Slide 15: Capital Investment and Depreciation Change (Consolidated Basis)
Capital Investment and Depreciation Change (Consolidated Basis) (hundred millions of Yen) 140 40.0 (%) 130 120 35.0 Capital 111 110 Investment 30.0 100 88 Depreciation 81 81 25.0 80 70 68 20.0 60 Capital 15.0 Investment 11.6 12.0 10.8 Ratio 40 9.3 32 7.6 10.0 Depreciation 10.2 20 Ratio 20 8.5 8.4 5.
Slide 16: Business Forecast for the Year Ending March 31, 2014 (Consolidated)
Business Forecast for the Year Ending March 31, 2014 (Consolidated) We have upwardly revised the forecast of First half business result as it is performing strongly. There are no changes in the forecast of Full year and dividend. note) figures in green italics : previously announced data on May 8th