Taiyo Holdings Co., Ltd. · TSE:4626
Taiyo — Q1 FY2015 Earnings Presentation
11 slides from Taiyo's earnings presentation, Jul 31, 2014
Slide 1: Consolidated Financial Result Digest FY2015 Q1
Consolidated Financial Result Digest FY2015 Q1 (Fiscal Year Ended March 31, 2015) Z TAIYO HOLDINGS CO., LTD July 31, 2014 Any information incorporated in this document is not intended for suggestion of purchase or sale of equity share of the company. All the description and projection are based on t
Slide 2: Terminology
Terminology Term Definition PWB Materials Chemical products for printed wiring boards FPD Materials Chemical products for flat panel displays PDP Materials Chemical products for plasma display panels SR “Solder resist ink” or “solder mask” PKG Materials Chemical products for semiconductor packages C
Slide 3: Classification of Product
Classification of Product Group Category Type Remarks Rigid Liquid for protecting surface and insulating PWB SR materials insulating PKG/FPC Liquid/Dry Film materials for interlayer insulating and hole Build-up Liquid/Dry Film plugging build-up materials FPD for PDP, touch panel, and shielding condu
Slide 4: FY2015 Q1 Topics
FY2015 Q1 TOPICS 1 Consolidated subsidiary, Onstatic Technology Co., Ltd.(OTC) ※ Statements of income of OTC, whose profit and loss was accounted under the equity method in the FY2014 Q1, is consolidated from the FY2015 Q1. 2 JPY was slightly weaker than estimated exchange rate of 100yen/USD 3 China
Slide 5: Consolidated Financial Results Summary
FY2015 Q1 Consolidated Financial Results Results Summary JPY millions FY2014 FY2015 Q1 Q1 YoY % Sales 9,599 11,657 +2,058 +21% Operating Income 1,659 2,103 +444 +27％ Ordinary Income 1,723 2,159 +436 +25％ Net Income 1,158 1,463 +305 +26% Exchange Rate of JPY/USD 97.9 102.1 Copyright © 2014 TAIYO HOLD
Slide 6: Sales (YoY) Breakdown of Sales
FY2015 Q1 Sales (YoY) Breakdown of Sales JPY millions FX rate appreciation, PWB etc. change in product sales volume mix, etc. increase +635 -240 +394 FPD sales +1,269 volume decrease & sliver prices fall Newly consolidated subsidiary, OTC 11,657 9,599 FY2014 Q1 FY2015 Q1 Copyright © 2014 TAIYO HOLDI
Slide 7: Operating Income (YoY) Breakdown of Operating Income
FY2015 Q1 Operating Income (YoY) Breakdown of Operating Income JPY millions PWB etc. FX rate appreciation, sales volume change in product increase mix, etc. -34 +316 +260 -151 +53 FPD SGA increase Newly consolidated ※ depreciation expense, subsidiary, OTC labor cost, etc. 2,103 1,659 FY2014 Q1 FY201
Slide 8: Sales results by product group category
FY2015 Q1 Sales results by product group category Sales results by product group category JPY millions FY2014 Q1 FY2015 Q1 10,000 8,000 7,651 5,922 6,000 4,000 2,332 1,954 2,000 1,222 958 251 276 247 438 0 Rigid PKG/ FPC Build-up FPD Other Copyright © 2014 TAIYO HOLDINGS CO., LTD. All Rights Reserve
Slide 9: Segment Information
FY2015 Q1 Segment Information Sales by segment JPY millions FY2014 Q1 FY2015 Q1 5,000 4,000 3,000 2,000 3,875 4,435 3,423 3,221 2,261 2,744 2,551 1,000 1,186 787 1,026 0 Japan China Taiwan Korea Other Operating Income by segment JPY millions 800 600 400 722 557 627 544 200 403 290 289 163 89 133 0 J
Slide 10: Trend of Quarterly Performance
Trend of Quarterly Performance Sales vs. Operating Income Quarterly Performance JYP millions Sales（left axis） ● Operating Income (right axis） 14,000 3,000 12,000 2,500 10,000 2,000 8,000 1,500 6,000 1,000 4,000 2,000 500 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2
Slide 11: zxcv
Copyright © 2014 TAIYO HOLDINGS CO., LTD. All Rights Reserved. zxcv 10