Aida Engineering,ltd. · TSE:6118
Aida Engineering,ltd — Q2 FY2017/3 Earnings Presentation
15 slides from Aida Engineering,ltd's earnings presentation, November 2016
Slide 1: Presentation of Consolidated Financial Results for the 2nd Quarter of FY Ended March 31, 2017
Presentation of Consolidated Financial Results for the 2nd Quarter of the FY Ended March 31, 2017 (from Apr. 2016 to Sep. 2016) 1
Slide 2: Highlights of Consolidated Results Summary of P&L
Highlights of Consolidated Results Summary of P&L FY2016/3 FY2017/3 Fluctuation FY2017/3 vs. Forecast (JPY mil.) 1st Half 1st Half Amount % Forecast Amount % Net Sales 37,468 31,768 △ 5,699 △15.2% 32,000 △ 231 △0.7% Cost of Sales 28,475 23,959 △ 4,515 △15.9% 24,500 △ 540 △2.3% Gross Profit 8,993 7,8
Slide 3: Trend of Sales, Gross Profit and Operating Income
Trend of Sales, Gross Profit and Operating Income FY2016 FY2017 1Q 2Q 3Q 4Q 1Q 2Q Net Sales 17,857 19,611 19,393 18,668 15,338 16,430 Gross Profit 4,421 4,572 4,767 4,225 3,553 4,256 Operating Income 2,097 2,136 2,221 1,583 1,266 2,059 Gross Profit ratio 24.8% 23.3% 24.6% 22.6% 23.2% 25.9% Operating
Slide 4: Sales to Third Party (by Business/Customer/Geographic segment)
Sales to Third Party (by Business/Customer/Geographic segment) Sales by Business segment Sales by Geographic segment FY2016/3 FY2017/3 Fluctuation FY2016/3 FY2017/3 Fluctuation (JPY mil.) (JPY mil.) 1st Half 1st Half Amount % 1st Half 1st Half Amount % Press Machines 30,727 82.0% 24,833 78.2% △ 5,89
Slide 5: Sales / Operating Income (by Geographic segment)
Sales / Operating Income (by Geographic segment) Japan Asia FY2016/3 FY2017/3 Fluctuation FY2016/3 FY2017/3 Fluctuation (JPY mil.) (JPY mil.) 1st Half 1st Half Amount % 1st Half 1st Half Amount % Net Sales 22,281 19,438 △ 2,843 △ 12.8% Net Sales 11,271 7,334 △ 3,937 △ 34.9% Operating Operating 2,216
Slide 6: Fluctuation Analysis with regards to Operating Income
Fluctuation Analysis with regards to Operating Income JPY 100M Negative Positive Factors: Factors: JPY JPY 610million 1,520million Decreased expenses Decrease of provision for loss on Foreign exchange gain orders received Manufacturing cost reduction Decrease of net sales Net Decrease： 9.1 Increase
Slide 7: Orders Intake & Backlog (by Business/Customer/Geographic segment)
Orders Intake & Backlog (by Business/Customer/Geographic segment) Orders Intake by Business Segment Orders Intake by Customer Industry (Press Machines) JPY mil. Press Machine Services Others JPY mil. Automotive related Electric related Others 24,148 20,814 2,498 3,206 20,600 16,805 19,289 2,004 15,5
Slide 8: Trend of Orders Intake & Backlog
Trend of Orders Intake & Backlog FY2015/3 FY2016/3 FY2017/3 vs. FY2016/3 (JPY mil.) 1st Half Full-year 1st Half Full-year 1st Half Fluctuation Amount Proportion Amount Proportion Amount Proportion Amount Proportion Amount Proportion Amount % Order Intake: total 37,399 100.0% 70,256 100.0% 43,437 100
Slide 9: Major Changes on Balance Sheet
Major Changes on Balance Sheet Assets Liabilities and Net Assets (JPY mil.) (JPY mil.) Current liabilities VS end of Mar. 2015 Long-term liabilities VS end of Mar. 2015 Fixed assets Current assets 7 1 ,300百万円 ,300百万円 Total assets △ 6,608 Net assets Total current liabilities △ 4,904 6 7 ,342 6 7 ,342
Slide 10: Highlights: Forecasts of FY2017 Consolidated Results
Highlights: Forecasts of FY2017 Consolidated Results FY2017/3 Fluctuation (JPY mil.) FY2016/3 1H Results 2H Forecast Full-year forecast Amount % Net Sales 75,529 31,768 38,232 70,000 △ 5,529 △7.3% Cause of Change of Operating Income Cost of Sales 57,544 23,959 29,941 53,900 △ 3,644 △6.3% (in million
Slide 11: Forecasts of Orders Intake/Sales/Operating Income (by segment)
Forecasts of Orders Intake/Sales/Operating Income (by segment) By Business Orders Net Sales Fluctuation: Fluctuation: (JPY mil.) FY2017 FY2017 FY2017 FY2017 FY2016 FY2016 forecast vs FY2016 forecast vs FY2016 Amount % Amount % Press Machines 60,949 56,800 △ 4,149 △ 6.8% 61,234 54,800 △ 6,434 △ 10.5%
Slide 12: Trend of Capex, Depreciation, R&D & CF
Trend of Capex, Depreciation, R&D & CF Capital Expenditures Depreciation & Amortization (JPY mil.) FY2015 FY2016 FY2017 E (JPY mil.) FY2015 FY2016 FY2017 E Amount 1,958 4,654 3,800 Amount 1,712 1,995 2,000 domestic overseas domestic overseas 2,070 USA: fact ory expansion, increase machinery Malaysia
Slide 13: (for Reference) Statistics of Forming Machinery Industry- 1)
(for Reference) Statistics of Forming Machinery Industry- 1) JPY100million Monthly Average Place of origin: JFMA 13
Slide 14: (for Reference) Statistics of Forming Machinery Industry- 2)
(for Reference) Statistics of Forming Machinery Industry- 2) Trend of Order Intake Trend of Order Intake (Overseas) by Geographic Segment JPY(100million) 500 億JPY(100million) 350 450 300 400 153 250 350 230 300 195 168 200 180 219 174 250 183 164 31 149 87 106 150 150 46 22 22 200 87 83 13 75 150 28
Slide 15: Remarks
Remarks Cautions about forecast statements contained in this package ・The information in this package contains future forecasts. ・Future forecasts contained in this document are based on the judgment of company management based on currently available information. Although the future forecasts are ba