Slide 1: FY2003 Annual Financial Results Briefing
FY2003 Annual Financial Results Briefing Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications English translation from the original Japanese-language document (All financial information has been prepared in accordance wi
Slide 2: Agenda
Agenda Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Annual Financial Results for FY2003 III. Topics IV. Forecast for FY2004 2
Slide 3: Agenda-1: The Group
Agenda-1 Agenda-1 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Annual Financial Results for FY2003 III. Topics IV. Forecast for FY2004 3
Slide 4: The Group
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Nabtesco Group aims to be the World’s Leading Manufacturer of Motion Control Systems and Related Components for Air, Land and Marine Applications by combinin
Slide 5: Management Principles
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Management Principles Nabtesco aims to achieve long term growth of corporate values based on the following principles; Form a highly-profitable corporate gro
Slide 6: Group Organization (44 affiliates/subsidiaries)
The Group Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Group Organization (44 affiliates/subsidiaries) Precision Precision Equipment Equipment Aircraft Aircraft & & Oil Oil Hydraulic Hydraulic Control Control Sys
Slide 7: Agenda-2: Annual Financial Results for FY2003
Agenda-2 Agenda-2 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Annual Financial Results for FY2003 III. Topics IV. Forecast for FY2004 7
Slide 8: Notice
Notice Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications The figures up to FY2002 hereafter are obtained by the simple summation of the figures of TS Corporation group and NABCO group 8
Slide 9: Consolidated Financial Results: Profit & Loss Summary
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Profit & Loss Summary (Comparison with the last fiscal year ) Increase in sales and profit (JPY billion) Increase: FY2002 figure include
Slide 10: Group Sales by Business Segments
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Group sales by Business Segments Precision Reduction Gear Railroad Vehicle brake System Precision Room-less Lift Machine Railroad Vehicl
Slide 11: Sales & Profit by Business Segments
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Sales & Profit by Business Segments <Business Segment> <Comparison with the last fiscal year> Precision equipment Increase in sales, Sig
Slide 12: Precision Equipment
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Precision Equipment (Comparison with the last financial year) Increase in sales, Significant increase in profit (JPY million) Variation
Slide 13: Transport Equipment
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Transport Equipment (Comparison with the last financial year) Increase in sales, Profit leveling off (JPY million) Variation Export of r
Slide 14: Aircraft & Oil Hydraulic Equipment
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Aircraft & Oilhidraulic Equipment (Comparison with the last financial year) Increase in sales, Increase in profit (JPY million) Variatio
Slide 15: Industrial Equipment
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Industrial Equipment (Comparison with the last financial year) Fall in sales, Increase in profit (JPY million) Variation Decrease in sal
Slide 16: Balance Sheet Summary
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Balance sheet Summary (Comparison with the end of last fiscal year ) (JPY billion) 3/E/02 3/E/03 Variation Comments Assets 128.7 130.6 1
Slide 17: Cash Flow Summary
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Cash Flow Summary (JPY billion) FY2003 Net cash provided by operating activities Income before taxes 6.5 billion Income before taxes 6.5
Slide 18: Improved Financial Standing
Consolidated Financial Results Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Improved Financial Standing 45.0% Equity Ratio 36.5% 40.0% Increase of Equity Ratio 35.0% Reduction of interest bearing loans →D/E Ratio
Slide 19: Agenda-3: Topics
Agenda-3 Agenda-3 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Annual Financial Results for FY2003 III. Topics IV. Forecast for FY2004 19
Slide 20: Transition to a Fully Merged Company
Topics Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Transition to a Fully Merged Company Hording Company Present Full Merger Nabtesco Planned to be merged in autumn 2004 TS Corporation NABCO Nabtesco Control Syst
Slide 21: Pursuit of the Integration Merit
Topics Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Pursuit of the integration merit I. Create New Products = JPN 10 billion sales in FY2007 New Products from Existing Business Exploration of New Market Wind turb
Slide 22: Strengthening Efforts for Compliance
Topics Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Strengthening Efforts for Compliance Activities of Business Auditing Dept. Systemizing, improving and enforcing CRSA (Control Risk Self Assessment) list. Promot
Slide 23: Cultivation of New Businesses
Topics Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Cultivation of New Businesses (JPY million) 10,000 Medical Products (Oxygen generating modules) Drive Mechanisms for Wind Turbine 8,000 Generators New Products
Slide 24: Agenda-4: Forecast for FY2004
Agenda-4 Agenda-4 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications I. The Group II. Annual Financial Results for FY2003 III. Topics IV. Forecast for FY2004 24
Slide 25: Profit & Loss Forecast
Forecast for FY2004 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Profit & Loss forecast (comparison with the last fiscal year) Increase in sales and profit （JPN billion） Sales: Increase, driven by business circum
Slide 26: Sales & Profit Forecast by Business Segments
Forecast for FY2004 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Sales & Profit forecast by Business Segments <Business Segment> <Comparison with the last fiscal year > Precision equipment Increase Increase in sa
Slide 27: Precision Equipment Forecast
Forecast for FY2004 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Precision Equipment K 100 Delivery Delivery of of domestic domestic industrial industrial robots robots 80 Large robot manufacturers by Japan Robot
Slide 28: Transport Equipment Forecast
Forecast for FY2004 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Transport Equipment Domestic production of 4mt and over trucks World construction of 5,000mt and over 2 cycle marine vessels K 800 200 730 186 690
Slide 29: Aircraft & Oil Hydraulic Equipment Forecast
Forecast for FY2004 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Aircraft & Oil Hydraulic Equipment Aircraft Aircraft 1000 deliveries deliveries of of 22 major major manufacturers manufacturers 70K World World pr
Slide 30: Industrial Equipment Forecast
Forecast for FY2004 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Industrial Equipment 200 K Domestic Domestic production production of of automatic automatic door door 170 153 149 145 147 150 Substantial recovery
Slide 31: Major Targeted Financial Figures under 2003 Mid-Term Plan
Forecast for FY2004 Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications Major Targeted Financial Figures under 2003 Mid-Term Plan March 2004 March 2005 March 2006 <Result> <Forecast> <Mid-Term Plan> Net Sales (JPY billo
Slide 32: Cautions on the forecast
Cautions on the forecast Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications The figures, plans, projects for FY2004 and future on this document are based on various assumptions. Nabtesco Corporation has no responsibili