Seiko Epson Corp. · TSE:6724
Seiko Epson — FY2014 Earnings Presentation
34 slides from Seiko Epson's earnings presentation, 2015
Slide 1: EPSON Exceed Your Vision
EPSON EXCEED YOUR VISION 20145F EE (201593 A HA) BAD RAMS 20154 44308 tra-IIyy ate Lo.
Slide 2: B HRRMLIIAD SMI DW CORRS
B HRRMLIIAD SMI DW CORRS FRARHILKSENTERRORMILMT ERAS. GRBATAFAMGMMIBSHROFMTSY, MENGUATPFHEBRESALLOTT. ED*-H, RAORMZSESECHMILEY MMRSHIRBLEAS<RGEMREGIBSCLECRMBAK KS L\, REORMIEPESASSORMELTZ, BABSUBNOBAAM, WRB SLIVIONBA He AOMR-RRLENGIHATSEROMA, SHMPEACRUMCOMS. 79/05—-ORIE. AMORMEEN BENET. GH. RMFIERES
Slide 3: BARET AVEO BIZDUT
BARET AVEO BIZDUT EACEED YOUR veaRION ry SE1ISi&kM MPMARHHORELITE, 2015 LOW MH BM, HLU201GF SURE RAL BBIZ—A-LaLemRtS 20145 MRED ADE 2015S EMR ALP a = MRT ALE ] ADPGAATD I3— > 7 a | Pusey | A-2F3— > a a ta i DAT 3 R-FIIYI— SEN “ BORAT RRR 27 eb F9— — z are ae Vari Jav293— APIPLAIANTY 2 oy? ve: . hiee
Slide 4: FY2014 results
sau 2014 BMRA 201SFRRMT B EXCEED YOUR vanIOW
Slide 5: RRNAS1b GM)
RRNAS1b GM) (SFA) am ieee 10,084 900 795 779 7.7% 8.4% DUIMMERARTGEL TMA IAAMOMS ELE MER EPSIZ, BL AMRORAA ORG MEARE I 20BS
Slide 6: BY BRA
BY BRA | 900 | 20145 EHP BELT AVA dem) | 10,084 (8A) 12,000 2,000 10,000 1,500 8,000 6,000 1,000 4,000 500 2,000 FL +779 BRAS +111 FEM +75 BRIAR +39 FEL +660 BRAS +98 tv} —ERRE Ft +72 PRA +9 SHR MEH bint -29 BRAS -35
Slide 7: FEE MN at He BS (3H HA)
FEE MN at He BS (3H HA) PNM MRE ReT AL 10,000 [gate | PCL EOHH (F) aie Ee co evar aia=7—Yay WME +215 See RiMeLE FY13) FY14 PRJ 91% 92% 4,000 alli a 2,000 —— RERSLE FY13 FY14 WP 72% 74% ow . Page 8% 6% 5 x BS 18% 18% = 2% 2% CT AVE AE FY2013 FY2014 RA RM 3 LIP; Ieiget printers Page: Page painters PRJ
Slide 8: 20145 EOE EPSON
20145 EOE EPSON @ SESE MPMESHBICRI KG REBRIAT Y HMRI ATR. PBRRA, HELRAET I VMAMER Y MROMRICMAARSLHY. PSUR AGERRICAtHE MUBHCRARALEOEMSE, STOLTAVE CHIR AE WPOELAAET ILENE OQ KBE IAL IEF NN OWBERKRBARLBRADIKA O PrecisionCoreFULYEAYERRMA D1 ANPORAL, BRELRAO MIB BX: ERAHSOT HOT HMMASTIAILED MAO se eniR O
Slide 9: SE1IS#M MPMBSHEO LY EPSON
SE1IS#M MPMBSHEO LY EPSON <1JPO) MBB ste AKIR > @ PrecisionCoreFUYEAYEEMETILOBRAIL SYA IAT eae A @ LILI HBIFEU OKABE ISL DEF OBE: MALHMAIA IJPAIAAR IE SHES CAR 600 1,500 Be ee ne — me KBEM 99ST ILE) 400 ee LF YY SHO MIELE (EM) 1,000 “ELEE 0 500 FY2010 11 15( 48)
Slide 10: SE1ISh HPMBBHHOED EPSON
SE1ISh HPMBBHHOED EPSON @ IP MIF (THIRDS RX) OMB SY IO REM IM Y HRMS NA IVEISEN, FPLAILMIFOMAKER ORME MATL Tite Y REL, HHREL(SBRSEROOLLVESHRILRES 10,000 UPAR FRM Bh (426 RY) CERISE URES Be WABEILISL9ETN BA-L BADIA 2,500 Pee = ANGEL (6H. StH MHRLSMee—L—+ CHR) FA , i ee el ooeeeee 6,000 4,000 = 2,000
Slide 11: 20145 BRAMERMOZADH
20145 BRAMERMOZADH EACEED YOUR VION (F) @ RRRMIS. ABRIL VS VEF IL, FOV TIS—. IPH RSO MIE MILES o MBRMS,. HHA, FOLLIF—CEOFARMRNO RIMES BA, Pit, — MP HHMT ASPIE FASHOLEOD. KBE IF IEF LOMRMELAL, BBL @ AAFRMlS. EF ILS PARALI“SCRORISMDLK—A, AMRNPORMBORACE OMMINLY, MMM sy O REMI. FMHRMMRMAO-LMHOFOE—L ar H
Slide 12: FY2015 forecast
2015eE HMPB EPSON 201455 20155F 10,863 - 3 +436 +4.0% 1,012 9.3% 9.0% +7 +0.7% * 4313 12.1% 8.8% * -313 -23.9% 8.8% -325 -24.5% 1,127 10.4% 700 6.2% -427 -37.9% 314.61 195.65 *204emmanagict. senmare EPS HS00BAI=MA. BERARIBTE— A FA ssseczent aie Abe ANEZROAAROSMENED 138.77 125.00 Len Bsereme tA Bazin
Slide 13: 201557 BE RAY (FE LIE) PBT AVE GI
201557 BE RAY 18 (FE LIE) PBT AVE GI (FI) | 10,863 | 12,000 — 13 [oa 10,000 1704 DLT FIN ER soma WMA +65 6,000 i] Byte +138 4.000 ——_ ian Fira 2,000 — a | WAL +261 oO: Ro Bers Ce) ZSHRA- MSH FY2014 FY2015 WMA -24 Ra 2 12
Slide 14: BRA LMP POUL FS I a—vav X77 xb EPSON
BRA LMP POUL FS I a—vav X77 xb EPSON (8) 9,000 8,000 7,000 wh FELMS “0s _ +88 Fv4— +188 51118 FEMS HE FY14 FY15 78% 79% - lJ 11% 10% Page,SCN 11% 11% 19 | RI ADH FY2014 §—FY2015 Uy EAM a zi 78 00 Pee meme (Fa) EM} FELINE 4,500 FY2015 IHF 3,500 — — _ 2,500 . 1500 7 ae —— — a nT FY2015 2HF 13
Slide 15: BSR LINHA POL SIL ERIOFIY Ly xb EPSON
BSR LINHA POL SIL ERIOFIY Ly xb EPSON i} FELINE FW FELMEs om i an) [250 ] 2,000 : [| RADON ARE 1,000 4 -28 1,600 paavessa 4 FY14. FY15 800 * = «51% = 49% aa 4200 HB 36% 37% , EMH 13% 14% 600 800 WIRE +3 400 00 200 UMA +79 7 ALERINE ing s FY2015 —-FY2015 14 IHF 2HF 14
Slide 16: 2015S FERMAY E (BRAM) PBT AEG EPSON
2015S FERMAY E (BRAM) PBT AEG EPSON (2F) | 1,012 | 1] BRA 1,500 (OLP5IN- ER WiMAte “+6 (440; SHRM MSH FY2014 FY2015 ROMA -43 Ra 2
Slide 17: 20154 EOART Ub
20154 EOART Ub © SE1SEM MPMRANBORBRERE LT. MRICMBEHOS p tS PRM MRE AA MPM RASRATS Y BRR ROMER RAMRO MIE Y LIVUISUE Se PHARM ADI-MOFOE—Lar sate BECKLERARIKLST, RFAREREHRARMBEROBPRIASKRTS ¥ KREMB1AY ISL IETF IL, DPOMIFRBILSLS ARRIBA Y HBRRELASIOLIIS—OMBMRA Y QLPFINME: ERIOS IGERRMBRARORLAA 1,100 700 1
Slide 18: Rika CHSHM EAM ICLSMREMRTS EPSON
Rika CHSHM EAM ICLSMREMRTS EPSON PRHGKRABERALStLOIFSokH, SBV/-AOMACLHRALHS © AL IGLNTFIYI—-OBACEDL, BME D CA ae ’ RAEF OGREAT 12 PURO BBE ited S a= ¥ ADAAMIEY RTL S—Ick}S. DF = an FY 3—OREBA =) = ¥ REMY 75Y IEF IL. BRELAAGERL Y — EDRAEFILORIM CAR ie re © AL DFLYTVYY SILKY, PHOIDBEFUBIA, psi, DB RRRO
Slide 19: Supplementary materials
y, 201455 B4O+tMRS 18
Slide 20: RA/VASTh (FAD tMRA) EPSON
RA/VASTh (FAD tMRA) EPSON 40K % ORtt Es) eae Se FLIMRH 2,532 - 2,715 +183 +7.2% 134 5.3% 158 5.8% +23 +17.1% co 36% 207 76% +110 200% B16 74 3.0% 199 7.3% +124 +165,9% A 95 4 HAF Se * M17 16.5% 221 8.2% ™ -195 -46.8% 116.38 eile aco ssasooneana. aRcRe BM=t), SMOMERSMROMA ML TR 119.09 rosie he yirede
Slide 21: PORT LIES Pb BRLTAVLAI Seaneson
PORT LIES Pb BRLTAVLAI Seaneson om 2582) (2462) (2085) (300) EE 3,500 - mssmiM +183 3.000 : _<~ za ‘ : UY ERS 2,500 4 Wise Me 8 “ [Paramore | 1,500 - ~ Memmi 8 6+18 1000 [mena WetmMit +130 500 0 7 4 2 - Bee 13, “16 -14 -19 nem = 86+42 2013/4Q 2014/10 2014/2Q 2014/3Q 2014/4Q 20
Slide 22: POF HA 1D oe te
POF HA 56 1D oe te Some onan PhP iBT ADF PT NA AMERS ET Ab PO, EOE der) PCED. 50D pene MERIML -39 ee 25° | Evaz, Erect ae 40 WEA +14 WiBM +22 KERB i 0 “140 “14/4 PRJ 92% 92% tt 8% 8% So Memmi +4 borer WiRM+148 | — 100 tu oe ie RRS Le "1340 14/40 WP 71% = 73% Page 9% 6% BS 18% 18% SCNIR 3% 2% LT ALVE
Slide 23: B+ RTRRU—- MERA EPSON
B+ RTRRU—- MERA EPSON (FA) a = — ooo ME 658) 07, | 73 | 707% aLaRatit) 26.7% 26.5% 700 8 200 100 226 233° 2014/10 2014/2Q
Slide 24: EMBRAER b> BELTAUbGI EPSON
EMBRAER b> BELTAUbGI EPSON em 14) [235] [273] | 345 : 500 WisEmMmi «86 +23 4 [mamma | 400 374 202 Wie MR -48 “a [Pecan | = memmt +28 ee | a 5: tUd ERS 0 5 . = — WM +5 724 a7 -22 “19 SEOMIET IRR fe } e ) 2H- MSH -123 91 -105 +107 E) Memmi +49 2013/4Q 2014/1Q 2014/20 2014/3Q
Slide 25: MOR Ub (AERA) EPSON
4 MOR Ub (AERA) EPSON © ARBBREOBRARIL, EVRALAFLEKVUIOV. FANEAFAMAL, IPA AIL O RE SILKY MH VY KBE IAD IETF IL, BRIVLA—, KEP OX IPAs GRIER Y —ATC. MEOHRRUBRAMOBRBLS CHAILAItS JPI4#E OBI, KILRICAESIIPAARMIBIARLLFR, @BMBIRAT SH AIAN, HHBCOPOE—VYar SHITE R:- LEBER SOWMEEIXLY, wet OF /NMARBRSISL, SBR Y KB
Slide 26: RMOR( Vb (tA) EPSON
4 RMOR( Vb (tA) EPSON @ ARB BRAOBSARIL, EVAALATFLEEU EVa?y)bnssai7 Vay ahRE VY EDRAVAF ALIS, BHKAR ES. DY? SIVARAFREEDRBERITS ¥ EVavy asa —vavlt. BKK ER. KER BRABAL, OD 7 ARTE, Ek - PHORAARHBENGEORBERIS v WPIld,. ABBR OB FARE, FILMICKOAAMIEIALLERM H-LOO, MFM LH BR, AAAO TLE, WALORR, HH OT /NMAMBREOP
Slide 27: PRAMRAAA
PRAMRAAA {te (SF) = ih e ob ah — « a “== me 134 aE 1 _ ae zw 22 €OHht ee 2013/4Q 2014/4Q SRRMET A RUST ADH TMM AMT ORM BAG S-SROMMOME 26
Slide 28: BK at ASE BIR Bes EPSON
BK at ASE BIR Bes EPSON RESH (WAZ) 10,000 - (gra) ° 2011/3 2012/37 2013/37 2014/38 2015/3 BARR aARa BARR IFRS IFRS ENE 2,000 . ss | (BFR) 4 2011/3 2012/3 2013/3 2014/3 2015/3 BARK BASS BARS IFRS IFRS
Slide 29: MAKERS SSBB EPSON
MAKERS SSBB EPSON FAFA AAFARKEE . 1% 32. 2S. 24.3% 18.5% (18F) o 20113% 2012/3% 2013/3% 2014/3% IFRS REHOMAARI SRD RANMA ARRRA LE (BCHA-BERALE) 6,000 39.9% ‘ 33.7% 33.3% 330% 9 4,000 o— —o— 2,000 3,623 er), i fined EA 2011/3 2012/13 2013/3% 2014/3% 2015/3% BARR BARR BARR IFRS IFRS ANF AR -AARESE 28
Slide 30: BS i TS A» POLAT LR EN FE 5A AL
BS i TS A» POLAT LR EN FE 5A AL ORM OMG (Fa) 700 454 500 389° 476 431 393 378° 407 444 0 FY2011 FY2012 FY2013 FY2014 FY2015 BARR BARR IFRS IFRS IFRS RA FB Fractal Frais Rant xaauR RAR AERO 221 230 WyF4e I Na—vark 320 250 EVaTnazaa7—vay 68 72 90 80 OLTIIN BRIOFIY 83 80 90 90 ENG SHRM 80 61 200 50 29
Slide 31: DY—FrvyVaz7oO— Ril cunee Youn oe
DY—FrvyVaz7oO— Ril cunee Youn oe (SF) (25 224+72470-— RR++yyaI0— 1,148 W—#e77a70— 1,000 736 429 266 34 C) “31 -395 412 -1,000 FY2011 FY2012 FyY2013 FY2014 FY2015 BAB BARS IFRS IFRS IFRS RH Fa
Slide 32: EGRET O iB
EGRET O iB {EXCEED Youn WiBON (%) 30.0 20.0 + 13.5 10.0 —*} 10.1 9.0 28 00 20 2 23 , > —-ROA:(BAS#) RNS RAAT) “10.0 (FRS] RMSHRRMSK BRM RASM CEM) —O- ROS: (B4#) BRHB-RLER (IFRS) ALRSGRHSE BRN RLS “200 —O-ROE:[B*R®) AmBNBAeRA TR UFRS] RRMA AMASR BRAOMARIMMT SAME BRAORA BRT SHS (FM) 30.0 + FY2011 FY20
Slide 33: Be 4(XDLYT
Be 4(XDLYT @RAOAAA : BM AtM30% KRILKSMRERT BRANDS, KERMRBBSD SRL AREREL, BR AEMAZOMEHSSFIICESMEEDS <—-#SEYRA> 201445 115A (AR 35“ MA 80F)) 20154 A 1 BAC. 1: 2DRKD MERE 30% 60 32
Slide 34: EPSON Exceed Your Vision
EPSON EXCEED YOUR VISION 33