Oki Electric Industry Company, Limited · TSE:6703
Oki Electric Industry — Q3 FY2004 Earnings Presentation
17 slides from Oki Electric Industry's earnings presentation, Jan 28, 2005
Slide 1: Financial Results for the Third Quarter of the Fiscal Year ending March 31, 2005
Financial Results for the Third Quarter of the Fiscal Year ending March 31, 2005 January 28, 2005 Oki Electric Industry Co., Ltd.
Slide 2: Table of Contents
Table of Contents 1. Financial results for the third quarter of the fiscal year ending March 31, 2005 1) Outline of financial results 2) Profit and loss outline 3) Balance sheet outline 4) Segment information 5) Cash flows 2. Full year projections for the fiscal year ending March 31, 2005 1) Premise
Slide 3: Third Quarter Overview
Third Quarter Overview Sales increased substantially, especially sales of IP networks for telecom carriers and sales of LSIs including LCD drivers and P2ROM (Approach for leveling imbalance between quarters also contributed) Incomes improved considerably along with sales growth (Recurring income
Slide 4: Third Quarter Profit and Loss Outline
Third Quarter Profit and Loss Outline Comparison of consolidated P/L (Billion yen) Q1 – Q3 (nine months) Q3 (three mo.) <Nine month P/L points> Dec. 03 Dec. 04 Variance Dec. 03 Dec. 04 Sales increased in all 147.0 158.7 segments, particularly in Net sales 428.3 478.4 50.1 telecom and electronic
Slide 5: Other Income, Extraordinary Income
Other Income, Extraordinary Income Nine month comparison z Other income/expenses improved by 1.8 billion yen as financial account balance and foreign exchange balance improved z Extraordinary income/loss improved by 6.7 billion yen, largely due to gain on sales of fixed assets this year and disast
Slide 6: Balance Sheet Outline (1)
First Half Balance Sheet Outline (1) <Balance Sheet: Assets> (Times) Turnover ratio Dec. 03 Dec.04 Variance z Total assets decreased by 21.6 B yen on year-on-year base, due to reduction of Total assets 0.93 1.06 0.13 improved accounts receivables and inventories Notes and accounts 3.84 4.64 0.80 imp
Slide 7: Balance Sheet Outline (2)
First Half Balance Sheet Outline (2) <Balance Sheet: Liabilities and Dec. 03 Dec. 04 Variance Shareholders’ Equity> Amount of interest- 322.3 286.1 36.2 decreased bearing debt (B yen) z Interest-bearing debt decreased by Interest-bearing debt ratio (%) 52.8 48.6 4.2 improved 36.2 B yen on year-on-ye
Slide 8: Third Quarter Segment Information
Third Quarter Segment Information <Q1-Q3 (nine months)> Net sales z Sales increases in all segments Net sales (Billion yen) z In information systems segment, while printer sales 478.4 grows, total sales remains slight increase due to 428.3 45.9 Others significant decline of ATM caused by completion
Slide 9: Third Quarter: Information Systems
Third Quarter: Information Systems <Q1-Q3 (nine months)> Net sales Net sales (Billion yen) Printers Printer total sales grows on year-on-year basis. 226.1 229.2 Increase in color NIP sales and steady in SIDM Printers Information solutions 89.9 97.9 Slight decrease from the previous year results due
Slide 10: Third Quarter: Telecommunications
Third Quarter: Telecommunications <Q1-Q3 (nine months)> Net sales Net sales (Billion yen) Enterprise networks 89.5 Business inquiries are active, especially in SS9100, 17.8 Enterprise a pillar of information and telecom converged 69.4 networks solutions, but almost same level of sales as the 18.0 pr
Slide 11: Third Quarter: Electronic Devices
Third Quarter: Electronic Devices <Q1-Q3 (nine months)> Net sales Net sales (Billion yen) 113.8 System memories 2.0 Optical Increase in sales of P2ROMs used for amusement 95.9 11.9 equipment including games, electronic dictionary, 1.4 components 11.1 26.0 educational equipment, and printers DRAMs 16
Slide 12: Cash Flows
Cash Flows z Issued 20.0 billion yen of convertible bonds in Nov. 2004 z Full year projections on cash flow is unchanged from Oct. 28 2004 announcement (Billion yen) FY Mar. 04 FY Mar. 05 Full year for Q1 – Q3 (Nine months) Variance FY Mar. 05 (results) (projections) (Oct 28 project.) I. Cash flows
Slide 13: Premises of Full Year Projections
Premises of Full Year Projections <Economy forecast> • While enterprise capital investment remains steady, the active digital appliance market, a leading force of economy, is toning down • High material prices, appreciation of yen, and slowdown of exports are causes of concern <Business environment>
Slide 14: Full Year Projections
Full Year Projections Full year projection is unchanged form the previous <Previous announcement> announcement on Oct. 28, 2004 (Oct. 28, 04)> Net sales Net sales (Billion yen) 710.0 z In info systems segment, the printer market remains 654.2 70.0 steady. Severer price competitions and deferred 57.1
Slide 15: Full Year Projections: Information Systems
Full Year Projections: Information Systems Net sales <Previous announcement> (Oct. 28, 04)> Printers Net sales (Billion yen) Sales is expected to reach the projected numbers due to the steady color NIP and SIDM markets 360.3 355.0 Information solutions Printers Deferments of government systems to th
Slide 16: Full Year Projections: Telecom Systems
Full Year Projections: Telecom Systems Net sales <Previous announcement> (Oct. 28, 04)> Net sales (Billion yen) Carrier networks 130.0 Upward sales due to accelerated expansion of local 30.0 104.6 Enterprise IP networks, investments on IP network networks constructions by telecom carriers, and stead
Slide 17: Full Year Projections: Electronic Devices
Full Year Projections: Electronic Devices Net sales <Previous announcement> (Oct. 28, 04)> System memories Net sales (Billion yen) 155.0 P2ROMs’ sales further expands, particularly used 3.0 Optical for amusement equipment including games, 132.2 18.0 components electronic dictionaries, educational eq
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