Denka Co., Ltd. · TSE:4061
Denka — FY2019 Earnings Presentation
17 slides from Denka's earnings presentation, May 2020
Slide 1: Results Presentation of FY2019
Results Presentation of FY2019 Denka Co.,Ltd May 2020
Slide 2: Table Of Contents
Table Of Contents Table Of Contents 1. FY2019 Outlook ①Denka Value-Up P. 2 ②Summery （year on year） P. 3 ③Variance Analysis （year on year） P. 4 ④By Segments (year on year) P. 6 2. FY2020 Forecast ① Summery (year on year) P. 7 ② Economic Precondition P. 8 ③ Variance Analysis (year on year) P. 9 ④ By S
Slide 3: FY2019 Outlook: Denka Value-Up
FY2019 Outlook ①Denka Value-Up Operating Income Operating Income Operating Income ¥33.7 billion ¥34.2 billion ¥31.6 billion Operating Margin Operating Margin Operating Margin 8.5 % 8.3 % 8.3 % FY2019 Previous Forecast Operating Income 38.0 billion Operating Operating Operating Income of Income of In
Slide 4: FY2019 Outlook: Summary (year on year)
FY2019 Outlook ②Summery （year on year） in billion Yen FY 2019 FY 2018 Incr. Act Act ▲Decr. Elastomer & Performance Plastics ▲ 3.3 Sales 380.8 413.1 ▲32.3 Infrastructure & Social Solutions + 0.5 Electronics & Innovative Products + 0.6 Living & Environment Products ▲ 0.8 Overseas sales to total sales
Slide 5: FY2019 Outlook: Variance Analysis (year on year)
FY2019 Outlook ③Variance Analysis （year on year） in billion Yen Sales 380.8 (▲ 32.3 ) ① Decrease in sales volume （▲ 16.1） ② Differences in sales prices （▲ 16.3） Operating Income 31.6 (▲ 2.6 ) ① Decreased Shipment : （▲ 5.9） Chloroprene rubber, etc.▲4.9 Impact of the novel coronavirus pandemic ▲1.0 ②
Slide 6: FY2019 Outlook: Variance Analysis (year on year) chart
FY2019 Outlook ③Variance Analysis （year on year） in billion Yen FY2018 Decreased Spread Yen Other Cost of FY2019 shipment except yen costs upfront depreciation Actual depreciation investment Actual 34.2 ▲5.9 +6.2 ▲0.9 ▲1.6 ▲0.5 31.6 Absence of R&D ▲0.5 CR, etc. ▲4.9 Cost +20.1 Price ▲2.3 SM shutdown
Slide 7: FY2019 Outlook: By Segments (year on year)
FY2019 Outlook ④By Segments (year on year) in billion Yen FY 2019 FY 2018 Incr. Sales Act Act ▲Decr. Price Volume Elastomers & Performance Plastics 149.3 179.2 ▲29.9 ▲ 17.5 ▲ 12.4 Infrastructure & Social Solutions 54.8 54.8 ▲ 0.0 + 1.5 ▲ 1.6 Electronic & Innovative Products 68.0 67.1 + 0.9 + 1.1 ▲ 0
Slide 8: FY2020 Forecast: Summary
FY2020 Forecast ① Summery (year on year) in billion Yen FY 2020 FY2019 Incr. Forecast Actual ▲Decr. Elastomer & Performance Plastics ▲ 3.4 + 1.7 Sales 360.0 380.8 ▲ 20.8 Infrastructure & Social Solutions Electronics & Innovative Products + 1.1 Living & Environment Products + 0.4 Life Innovation + 0.
Slide 9: Economic Precondition
FY2020 Forecast ② Economic Precondition Economic FY2020 FY2019 Precondition Forex [USD 1.0 = Yen] 108.0 109.1 Naphtha price [Yen/Kl] 32,000 42,650 in billion Yen reference FY2020 FY2019 Incr. ▲Decr. Investment 47.0 36.9 +10.1 Capital expenditure 34.2 47.0 +10.1 M & A etc. 2.7 Depreciation 24.0 22.5
Slide 10: FY2020 Forecast: Variance Analysis
FY2020 Forecast ③ Variance Analysis (year on year) Sales 360.0 (▲20.8 ) in billion Yen ① Decrease in sales volume （+ 3.5） ② Differences in sales prices （▲24.3） Operating Income 31.0 (▲0.6 ) ① Increased Shipment : （+ 3.9） Electronic & Innovative products , etc. +8.9 Impact of the novel coronavirus pa
Slide 11: FY2020 Forecast: Variance Analysis chart
FY2020 Forecast ③ Variance Analysis (year on year) in billion Yen FY2019 Increased Spread Yen Other Cost of FY2020 except yen costs upfront shipment depreciation Forecast Actual depreciation investment 31.6 + 3.9 ▲1.5 ▲ 0.0 ▲ 2.0 ▲ 1.0 31.0 Electronic & Cost +22.7 Price ▲ 0.1 Other R&D ▲1.0 Innovati
Slide 12: FY2020 Forecast: By Segments (year on year)
FY2020 Forecast ④ By Segments (year on year) in billion Yen FY 2020 FY 2019 Incr. Sales Forecast Act ▲Decr. Price Volume Elastomers & Performance Plastics 125.0 149.3 ▲ 24.3 ▲23.7 ▲0.6 Infrastructure & Social Solutions 55.0 54.8 + 0.2 +0.9 ▲0.7 Electronic & Innovative Products 73.0 68.0 + 5.0 ▲0.5 +
Slide 13: Shareholder Return
FY2020 Forecast ➄ Shareholder Return FY2016 FY2017 FY2018 FY2019 FY2020 Actual Actual Actual Actual Forecast Net Income in billion Yen 18.1 23.0 25.0 22.7 21.0 Dividend per share ※ 7.0 10.5 12.0 12.5 TBD Total Dividend in billion Yen 6.2 9.2 10.5 10.8 Payout Ratio 34 ％ 40 ％ 42％ 48％ Share buyback in
Slide 14: Growth of Specialty Businesses
Accelerate Growth of Specialty Businesses ①Growth of Specialty Businesses FY2017 Actual FY2018 Actual FY2019 Actual FY2020 Forecast Operating Income Operating Income Operating Income Operating Income ¥33.7 billion ¥34.2 billion ¥31.6 billion ¥31.0 billion Operating Margin Operating Margin Operating
Slide 15: Key Themes of Specialty Businesses
Accelerate Growth of Specialty Businesses ②Key Themes of Specialty Businesses ①Contribution to countermeasures against the novel coronavirus ・Develop rapid test kits for the novel coronavirus (antigen/antibody detection employing the immunochromato-method) ・Develop measures for testing the disease o
Slide 16: Cautionary statement regarding forward-looking information
< Cautionary statement regarding forward-looking information > Target figures in this material are not forecasts of business results. In addition, any description relating to the future in this material is subject to known or unknown risks and uncertainties, although it is base on management's curre
Slide 17: Possibility of chemistry
Possibility of chemistry Denka