Slide 1: Consolidated Business Results of the First Quarter Ended June 30, 2005
CONSOLIDATED BUSINESS RESULTS OF THE FIRST QUARTER ENDED JUNE 30, 2005 July 28, 2005 NSK Ltd. Cautionary Statements with Respect to Forward-Looking Statements Statements made in this report with respect to plans, strategies and future performance that are not historical fact are forward-looking stat
Slide 2: Summary of the Consolidated Business Results for FY 2005:Q1
Summary of the Consolidated Business Results for FY 2005:Q1 Results for the first quarter of FY 2005 First quarter results close to business plan. Net sales and Net income recorded a year-on-year increase. Operating income and ordinary income decreased. Strong demand continued. Expenses continued to
Slide 3: Summary of the Consolidated Business Results for FY 2005:Q1
Summary of the Consolidated Business Results for FY 2005:Q1 (¥100 million) FY 2004 FY 2005 1st quarter 2nd quarter 3rd quarter 4th quarter Full year 1st quarter Japan: Apr.~Jun. Japan: Jul.~Sep. Japan: Oct.~Dec. Japan: Jan.~Mar. Japan: Apr.~Mar. Japan: Apr.~Jun. 1st half Overseas: Jan.~Mar. Overseas
Slide 4: Net sales – By customer location
Net sales –By customer location– (¥100 million) FY 2004 FY 2005 1st quarter 2nd quarter 3rd quarter 4th quarter 1st quarter Y-O-Y 1st half <Actual> <Actual> <Actual> <Actual> <Actual> <Initial forecast> Sales 1,403 1,470 1,440 1,497 1,471 +4.9% 2,990 Japan 737 770 768 828 765 +3.8% 1,558 The America
Slide 5: Business results – By business segment
Business results –By business segment – (¥100 million) FY 2004 FY 2005 1st quarter 2nd quarter 3rd quarter 4th quarter 1st quarter Y-O-Y 1st half <Actual> <Actual> <Actual> <Actual> <Actual> <Initial forecast> Sales 1,403 1,470 1,440 1,497 1,471 +4.9% 2,990 Industrial 452 467 466 470 466 950 bearing
Slide 6: Business results – By geographical segment
Business results – By geographical segment – (¥100 million) FY 2004 FY 2005 1st quarter 2nd quarter 3rd quarter 4th quarter 1st quarter Y-O-Y 1st half <Actual> <Actual> <Actual> <Actual> <Actual> <Initial forecast> Sales 1,403 1,470 1,440 1,497 1,471 +4.9% 2,990 Japan 1,042 1,091 1,095 1,167 1,096 +
Slide 7: Consolidated balance sheets
Consolidated balance sheets (¥100 million) FY 2004 FY 2005 (1st quarter ended (2nd quarter ended (3rd quarter ended (4th quarter ended (1st quarter ended Difference from Jun. 30, ‘04) Sep. 30, ‘04) Dec. 31, ‘04) Mar. 31, ‘05) Jun. 30, ‘05) the period ended FY 2004: Q1 FY 2004: Q2 FY 2004: Q3 FY 2004
Slide 8: Inventories
Inventories (¥100 million) FY 2004 FY 2005 (1st quarter ended (2nd quarter ended (3rd quarter ended (4th quarter ended (1st quarter ended Difference Jun. 30, ‘04) Sep. 30, ‘04) Dec. 31, ‘04) Mar. 31, ‘05) Jun. 30, ‘05) from the period ended FY 2004: Q1 FY 2004: Q2 FY 2004: Q3 FY 2004: Q4 FY 2005: Q1
Slide 9: Capital expenditures, Depreciation and Amortization
Capital expenditures Depreciation and Amortization (¥100 million) FY 2004 FY 2005 1st quarter 2nd quarter 3rd quarter 4th quarter 1st quarter Full year plan Capital expenditures 62 89 90 128 89 400 Japan 44 70 59 82 55 268 Overseas 18 19 31 46 34 132 The Americas 4 3 5 4 9 30 Europe 4 4 6 23 4 34 As
Slide 10: Interest bearing debts
Interest bearing debts (¥100 million) D/E ratio (times) (¥100 million) 1.57 1.31 1.31 1.10 1.08 2,724 2,678 2,724 2,678 2,614 2,465 556 2,458 514 2,465 2,409 483 2,072 2,125 2,165 335 398 Overseas Overseas 2,168 2,164 1,982 Japan 1,737 1,727 Japan FY 2001 (Year-end) FY 2002 (Year-end) FY 2003 FY 200
Slide 11: Additional information
Additional information (¥100 million) FY 2004 FY 2005 1st quarter 2nd quarter 3rd quarter 4th quarter 1st quarter Research & Development 23 24 25 26 24 (Number of employees) FY 2004 FY 2005 1st quarter 2nd quarter 3rd quarter 4th quarter 1st quarter Employees 19,979 20,310 20,565 20,737 21,437 Japan