Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — Q2 FY2011 Earnings Presentation
24 slides from Hirose Electric's earnings presentation, Nov 7, 2011
Slide 1: Business Results of Second Quarter, FY2011
Business Results of Second Quarter, FY2011 Creative Links to World Electronic Nov 7th 2011 Hirose Electric Co.,Ltd 1
Slide 2: Cautionary Statement
Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward- looking statements. Thank
Slide 3: Business Situation of 2Q FY2011
Business Situation of 2Q FY2011 [1Q FY2011] • Order level of April were high because of the ahead-of-schedule order influence after the earthquake. However, order level of May and June were sluggish mainly due to the effect of rebound from ahead-of- schedule order in March and April, the lag in mobi
Slide 4: FY2011 Mar-Sep Orders and Sales Changes
FY2011 Mar-Sep Orders and Sales Changes (Non-consolidated Basis, Index Number) 140 120 109 107 101 93 98 99 92 100 Average of FY2010 102 85 89 88 91 91 80 84 Order 60 Sales 40 Mar Apr May Jun Jul Aug Sep 4
Slide 5: Mobile / Smartphone Orders and Sales
FY2011 Mar-Sep Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Mobile / Smartphone 携帯 140 120 99 100 Average of FY2010 = 100 88 90 86 81 78 80 83 70 71 79 75 59 76 60 63 40 20 Mar Apr May Jun Jul Aug Sep FY2011 Order Sales 5
Slide 6: Digital Consumer Electronic Orders and Sales
FY2011 Mar-Sep Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Digital Consumer Electronic 140 130 120 110 101 102 100 Average of FY2010 88 91 99 90 86 97 91 80 71 67 81 70 76 70 56 60 50 Mar Apr May Jun Jul Aug Sep FY2011 Order Sales 6
Slide 7: Automotive Orders and Sales
FY2011 Mar-Sep Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Automotive 140 125 120 107 106 100 102 111 94 105 100 Average of FY2010 87 98 82 80 84 78 74 60 Mar Apr May Jun Jul Aug Sep FY2011 Order Sales 7
Slide 8: Associated Electric Equipment, FA Controlling Device, and Others
FY2011 Mar-Sep Orders and Sales Changes by Markets (Non-consolidated Basis, Index Number) Associated Electric Equipment, FA Controlling Device, and Others 160 150 141 140 130 137 128 116 120 114 113 124 110 110 115 105 100 96 Average of FY2010 90 96 89 90 80 70 Mar Apr May Jun Jul Aug Sep FY2011 Ord
Slide 9: Business Results for 2Q FY2011
Business Results for 2Q FY2010 Note) Green Italics number: data announced on Aug 2011 (hundred millions of Yen) Major changes over prior same (A)FY2010 (B)FY2011 (B)-(A) (B)/(A) period 1Q & 2Q 1Q & 2Q (unit: hundred millions of Yen) 495.0 -3.2 -0.6% [Sales] 16.5 increase Overseas Hirose Subsidiaries
Slide 10: Half-Yearly Sales and Profits
Half-Yearly Sales and Profits (hundred millions of Yen) 800.0 40.0% 700.0 29.7% 28.2% 30.0% 26.9% 25.1% 25.0% 600.0 20.8% 550.4 Sales 491.8 20.0% 12.7% 475.4 500.0 443.5 449.0 401.2 Recurring 400.0 10.0% Profit 348.3 300.0 Recurring 0.0% Profit Ratio 200.0 163.5 134.1 123.0 119.2 100.8 93.3 -10.0% 1
Slide 11: Sales by Market
Sales by Market Mobile Phone / Smartphone Office Others MobilePhone/ Others 26% Machinery 25% Office Smartphone 27% 3% Machinery 32% 3% Associated Electric FY2010 Associated FY2011 Equipment 3% First Half Electric Equipment First Half Automotive 12% Automotive 3% FA Controlling 11% Equipment3% FA Co
Slide 12: Sales Changes by Markets
Sales Changes by Markets (in round numbers) 26%down FY2010 6%up First Half FY2011 2%up First Half 18%down Industrial Digital Notebook Associated Office and others Wireless *2 Electronic Machinery Mobile Consumer Communication PC FA Equipment Phone / Electronics Controlling Smartphone Automotive Comp
Slide 13: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 60 62 60 59 56 52 50 Overseas 41 Sales Ratio 40 36 32 32 34 30 Overseas Production 20 Ratio 10 0 FY2007 FY2008 FY2009 FY2010 FY2011 FY2011 First First Half Half 13
Slide 14: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A)Mar 31, 2011 (B)Sep 30, 2011 (B) - (A) Remark Cash and Cash in Bank 1,094.2 1,056.8 -37.4 Dividend, Share buyback, Yokohama Center Payment, etc. Trade Receivables 230.6 246.5 15.9 Sales increase (FY2010/4Q 224.2→ FY2011/2Q 24
Slide 15: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A)Mar 31, 2011 (B)Sep 30, 2011 (B) - (A) Remark Notes Payable and Account 109.4 120.2 10.8 Purchse increase due to production increase Payable Income Taxes Payable, etc 40.6 44.2 3.6 Others 75.7 82.1 6.4 Increase in account pay
Slide 16: Capital Investment and Depreciation Change
Capital Investment and Depreciation Change (Domestic Consolidated Basis) (hundred millions of Yen) 100 40.0 (%) 90 Previous 86 90 ↓ 35.0 Capital 78 Previous Investment 80 68 ↓ 30.0 70 66 66 62 62 Depreciation 25.0 60 56 50 44 20.0 39 Capital 40 15.0 Investment 10.0 30 7.8 8.2 8.0 24 Ratio 6.7 10.0 2
Slide 17: Number of Employees
Number of Employees (financial report basis) (Employees) 5000 4493 4127 3865 4000 3617 3512 Overseas 3000 3444 2794 3079 2550 2430 Domestic 2000 1000 1049 1067 1082 1071 1048 0 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2011 2011Sep Sep 17
Slide 18: Distribution of Shareholders
Distribution of Shareholders 100% 5.58 8.31 10.95 11.76 12.90 90% 11.72 7.57 7.42 Treasury 7.13 7.13 80% Stocks Individual 70% and Others 40.69 60% 45.52 41.43 41.74 38.86 Foreign Corporation 50% Other 40% Corporation 14.65 12.87 12.79 12.82 30% 14.67 1.13 1.14 Securities 1.32 1.19 1.26 Firm 20% 27.
Slide 19: Business Forecast for the Year Ended March 31, 2012
Business Forecast for the Year Ended March 31, 2012 Green italics number: note) First Half - 1Q & 2Q, Second Half - 3Q & 4Q (hundred millions of Yen) data announced on Aug 2011 First Half For the Year FY2010 (Actual) FY2011 (Forecast) Over the Previous Actual Amount Over the Previous Actual Amount A
Slide 20: Yokohama Center
S Yokohama Center (Completed in Sep 2011, in Kohoku New Town, Yokohama) IC TOP 1. Purpose of Establishment By gathering the departments of product development, production engineering, and sales and marketing, which are now dispersed around Yokohama and Tokyo, we aim to comply more swiftly with the g
Slide 21: Yokohama Center Building
Yokohama Center Building (Kohoku New Town, Yokohama) 7. Location 8. General Building Information (1) Building Information Gotanda St. Yokohama Level : 6 stories above ground, 1 beneath (30.64m) Center Site area : 5,710.28m² Building area : 3,790.37m² Yokohama St. Total floor area : 20,137.44m² ↑Azam
Slide 22: The Exterior of the Building
The Exterior of the Building Front Entrance 22
Slide 23: Entrance First Floor Hall
es a BE ee ww EE == a 4 id j f Z yy b tae “i Entrance HIROSE ELECTRIC CO.,LTD — First Floor Hall 23
Slide 24: Yokohama Center
“Yokohama Center” As it is the center of the global Hirose group as well as the central function of Hirose Japan. 24 24