Minebeamitsumi Inc. · TSE:6479
Minebeamitsumi — Minebea — Q1 FY ending March 2003 Earnings Presentation
12 slides from Minebeamitsumi's earnings presentation, Aug 9, 2002
Slide 1: Business Results for the First Quarter of Fiscal Year ending March 31, 2003
Business Results for the First Quarter of Fiscal Year ending March 31, 2003 Minebea Co., Ltd Tsugio Yamamoto President and Representative Director August 9, 2002
Slide 2: First Quarter Results of Fiscal Year ending March 31, 2003
First Quarter Results of Fiscal Year ending March 31, 2003 FY ending Change (Millions of yen) Fiscal year ended Mar. '02 Mar. '03 1Q 2Q 3Q 4Q 1Q Q/Q Y/Y Net Sales 69,988 66,894 68,536 73,926 72,367 -2.1% +3.4% Operating Income 6,554 5,942 4,964 4,512 6,031 +33.7% -8.0% Ordinary Income 4,804 4,148 3,
Slide 3: Sales and Operating Income by Segment
Sales and Operating Income by Segment FY ending FY ending Fiscal year ended Mar. 2002 Change (Millions of yen) Mar. '03 Mar. '03 Q/Q Y/Y First half 1Q 2Q 3Q 4Q 1Q forecast Sales Machined components business Bearing related products Other machinery components Electronic devices and components busines
Slide 4: Sales by User Industry & by Region
Sales by User Industry & by Region ¾ Sales by User Industry PC and PC Home Office Automobile Aerospace related Motor Others Total electronics automation equipment % of Sales 7.2% 9.7% 10.6% 11.4% 42.5% 5.4% 13.0% 100.0% Change qoq +1.1% +0.0% +8.3% +3.1% -8.9% +11.9% +1.5% -2.1% ¾ Sales by Region As
Slide 5: Machined Components Business
Machined Components Business (Million units) Ball Bearing Sales (Monthly Average) Internal use Sales to external customers Apr.- Jul.- Oct.- Jan.- Apr.- Jul.- Jun. '01 Sep. '01 Dec. '01 Mar. '02 Jun.'02 Sep.'02 4
Slide 6: Bearing Related Products
Bearing Related Products Ball bearings (70% of bearing related products division) Apr.-Jun. quarter Sales + 3% qoq (-1% yoy) External sales volume + 8% qoq Internal sales volume +29% qoq Jul.-Sep. quarter forecast External sales volume - 7% qoq Internal sales volume - 7% qoq Rod-end & Spherical bear
Slide 7: Rotary Components
Rotary Components Fan Motors (30% of rotary components division) Apr.-Jun. quarter Sales +16% qoq (+21% yoy) Volume +14% qoq Jul.-Sep. quarter forecast Volume +27% qoq Stepping Motors (30% of rotary components division) Apr.-Jun. quarter Sales + 1% qoq ( -15% yoy) Volume + 1% qoq Jul.-Sep. quarter f
Slide 8: Other Electronic Devices
Other Electronic Devices PC Keyboards (40% of other electronic devices) Apr.-Jun. quarter Sales -12% qoq (+43% yoy) Volume - 9% qoq Jul.-Sep. quarter forecast Volume +13% qoq New business development Switching Power Supplies (20% of other electronic devices) Apr.-Jun. quarter Sales + 6% qoq (+13% yo
Slide 9: Operating Income
Operating Income (Billions of yen) 8.0 10.0% 9.4% 7.0 8.9% 9.0% 8.3% 6.0 8.0% 5.0 7.0 7.2% 7.0% Machined 4.0 5.6 6.1% 6.0% components 4.9 5.1 Electronic devices 3.0 4.7 5.0% and components Operating income ratio 2.0 4.0% 0.9 1.0 0.4 3.0% 0.3 -0.5 -0.4 0.0 2.0% Apr.- Jul.- Oct- Jan.- Apr.- 1.0 Jun.'0
Slide 10: S.G. & A. Expenses
S.G. & A. Expenses (Billions of yen) 15.0 25.0% 13.1 13.3 12.4 12.6 12.4 12.0 20.0% S.G.&A. 18.7% 18.5% 18.4% 17.9% expenses 17.1% S.G.&A. to 9.0 15.0% sales ratio 6.0 10.0% 3.0 5.0% 0.0 0.0% Apr.- Jul.- Oct.- Jan.- Apr.- Jun.'01 Sep.'01 Dec.'01 Mar.'02 Jun.'02 9
Slide 11: The Second Quarter of Fiscal Year ending March 31, 2003
The Second Quarter of Fiscal Year ending March 31, 2003 ¾ No change in forecasts for the interim and the full year. ¾ Agreement with Matsushita on consignment production of HDD FDB motors. ¾ New strategy for the Keyboard operation 10
Slide 12: Business Results for the First Quarter of Fiscal Year ending March 31, 2003
Business Results for the First Quarter of Fiscal Year ending March 31, 2003 Minebea Co., Ltd http://www.minebea.co.jp/ Any statements in the presentation which are not an historical fact are future projections made based on certain assumptions and our management's judgment drawn from currently avail
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