Kyocera Corporation · TSE:6971
Kyocera — H1 FY3/2020 Earnings Presentation
23 slides from Kyocera's earnings presentation, Nov 1, 2019
Slide 1: Financial Presentation (Six Months Ended September 30, 2019)
November 1, 2019 Financial Presentation (For the Six Months Ended September 30, 2019) Hideo Tanimoto President and Representative Director This is an English translation of the Japanese original. This translation is prepared for the reference and convenience solely for those who do not use Japanese.
Slide 2: 1. Financial Results for the Six Months Ended September 30, 2019
1. Financial Results for the Six Months Ended September 30, 2019 1
Slide 3: Financial Results for H1 of FY3/2020
Financial Results for H1 of FY3/2020 (Unit: Yen in millions) Six months ended September 30, Change 2018 2019 % to sales % to sales Amount revenue Amount revenue Amount % Sales revenue 800,638 100.0% 799,050 100.0% -1,588 -0.2% Operating profit 82,601 10.3% 60,320 7.5% -22,281 -27.0% Profit before in
Slide 4: Summary of Financial Results for H1 of FY3/2020
Summary of Financial Results for H1 of FY3/2020 Deterioration of the macro economy Profitability improved in challenging businesses Effects of structural reforms up to the Decline in demand for parts previous fiscal year Industrial & Automotive Components Group Semiconductor Components Group Sal
Slide 5: Sales Revenue by Reporting Segment for H1 of FY3/2020
Sales Revenue by Reporting Segment for H1 of FY3/2020 - Compared with H1 of FY3/2019 - (Unit: Yen in millions) Six months ended September 30, Change 2018 2019 % of sales % of sales Amount revenue Amount revenue Amount % Industrial & Automotive Components Group 160,807 20.1% 167,152 20.9% 6,345 3.9%
Slide 6: Business Profit (Loss) by Reporting Segment for H1 of FY3/2020
Business Profit (Loss) by Reporting Segment for H1 of FY3/2020 - Compared with H1 of FY3/2019 - (Unit: Yen in millions) Six months ended September 30, Change 2018 2019 % to sales % to sale s Amount revenue Amount reve nue Amount % Industrial & Automotive Components Group 21,250 13.2% 9,234 5.5% -12,
Slide 7: Performance H1 of FY3/2020 (1)
Performance by Reporting Segment for H1 of FY3/2020 (1) Sales revenue Business profit Business profit ratio ( ) Change from the previous year Industrial & Automotive Components (Billion yen) <Factor behind change> 160.8 167.2 (+3.9%) + Contribution of M&A in the industrial tools business 13.2% － Dec
Slide 8: Performance H1 of FY3/2020 (2)
Performance by Reporting Segment for H1 of FY3/2020 (2) Sales revenue Business profit Business profit ratio ( ) Change from the previous year Electronic Devices Group (Billion yen) 183.8 <Factor behind change> 167.6 (－8.8%) 18.4% － Sales and profit of AVX Corporation declined due primarily to contin
Slide 9: Performance H1 of FY3/2020 (3)
Performance by Reporting Segment for H1 of FY3/2020 (3) Sales revenue Business profit Business profit ratio ( ) Change from the previous year Document Solutions Group (Billion yen) <Factor behind change> 178.8 177.9 (－0.5%) － Despite the contribution from M & A conducted in the previous fiscal year,
Slide 10: 2. Financial Forecast for the Year Ending March 31, 2020
2. Financial Forecast for the Year Ending March 31, 2020 9
Slide 11: Financial Forecasts for FY3/2020
Financial Forecasts for FY3/2020 (Unit: Yen in millions) Year ended March 31, Year ending March 31, Change Forecast unchanged 2019 2020 % to sales % to sales Amount revenue Amount revenue Amount % Sales revenue 1,623,710 100.0% 1,700,000 100.0% 76,290 4.7% Operating profit 94,823 5.8% 140,000 8.2% 4
Slide 12: Sales Revenue Forecast by Reporting Segment for FY3/2020
Sales Revenue Forecast by Reporting Segment for FY3/2020 (Unit: Yen in millions) Change in amount Results for the year Forecasts for the year ending March 31, 2020 compared with ended March 31, 2019 Previous (April 2019) Revised (October 2019) Year ended Previous % of sales % of sales % of sales Mar
Slide 13: Business Profit (Loss) by Reporting Segment for FY3/2020
Business Profit (Loss) by Reporting Segment for FY3/2020 (Unit: Yen in millions) Change in amount Results for the year Forecasts for the year ending March 31, 2020 compared with ended March 31, 2019 Previous (April 2019) Revised (October 2019) Year ended Previous % to sales % to sales % to sales Mar
Slide 14: Major Factors for Revisions to Forecasts by Reporting Segment
Major Factors for Revisions to Forecasts by Reporting Segment - Compared with the Previous Forecast - Sales revenue +37.4 billion yen New contribution from M&A conducted during FY3/2020 Industrial & Automotive Components Group Impact of lower sales of relatively high-profit exsisting Business profit
Slide 15: Initiatives for Medium- and Long-Term Business Expansion
Initiatives for Medium- and Long-Term Business Expansion 5G-related Business: Expand components for infrastructure Expand MLCCs and ceramic packages for optical communications Establishment of Kyocera Ube RF Tec: Mass production of filters for base stations Expand environment and energy business
Slide 16: 5G Related Business
5G Related Business Expand infrastructure components for 5G MLCCs Ceramic filters for 5G base stations Acquire new orders for Work to expand sales globally by 5G base stations through new establishing a mass-production system products Establishment of Ceramic packages for optical communications Kyoc
Slide 17: Expand Environment and Energy Business (1)
Expand Environment and Energy Business (1) New business development from “selling products" to “providing services" New business model that reduces the initial investment burden on users and power service providers Cooperation with electric power companies Residential ☀Clean energy using solar panel
Slide 18: Expand Environment and Energy Business (2)
Expand Environment and Energy Business (2) Introduction of new products to the energy self-consumption markets Energy storage system for residential use: Enerezza Fuel cell for residential use: Ene Farm Mini 2020 ~ Released in October Kitchen remote controller Power conditioner Battery unit Remote c
Slide 19: Cash Dividends per Share Increased for the Fourth Consecutive Year
Cash Dividends per Share Increased for the Fourth Consecutive Year Annual dividend forecast for the year ending March 2020 has not changed. 160 yen 140 yen 120 yen 20 yen 110 yen 120 yen 80 yen Excluding a 100 yen commemoraton dividend Annual dividend 60 yen 60 yen 60 yen Commemorative dividend 50 y
Slide 20: (Reference) Financial Results for Q2 of FY3/2020
(Reference) Financial Results for Q2 of FY3/2020 -Compared with Q1 of FY3/2020- (Unit: Yen in millions) Three months ended Change June 30, 2019 September 30, 2019 % to sales % to sales Amount revenue Amount revenue Amount % Sales revenue 384,937 100.0% 414,113 100.0% 29,176 7.6% Operating profit 22,
Slide 21: (Reference) Sales Revenue by Reporting Segment for Q2 of FY3/2020
(Reference) Sales Revenue by Reporting Segment for Q2 of FY3/2020 -Compared with Q1 of FY3/2020- (Unit: Yen in millions) Three months ended Change June 30, 2019 September 30, 2019 % of sales % of sales Amount revenue Amount revenue Amount % Industrial & Automotive Components Group 79,330 20.6% 87,82
Slide 22: (Reference) Business Profit (Loss) by Reporting Segment for Q2 of FY3/2020
(Reference) Business Profit (Loss) by Reporting Segment for Q2 of FY3/2020 -Compared with Q1 of FY3/2020- (Unit: Yen in millions) Three months ended Change June 30, 2019 September 30, 2019 % to sales % to sale s Amount revenue Amount reve nue Amount % Industrial & Automotive Components Group 4,798 6
Slide 23: Cautionary Statements with respect to Forward-Looking Statements
Cautionary Statements with respect to Forward-Looking Statements Certain of the statements made in this document are forward-looking statements, which are based on our current assumptions and beliefs in light of the information currently available to us. These forward-looking statements involve know