Ushio Inc. · TSE:6925
Ushio — H1 FY2009 Earnings Presentation
13 slides from Ushio's earnings presentation, Oct 29, 2009
Slide 1: Fiscal Year 2009 1st Half Results
Fiscal Year 2009 1st Half Results 2009.10.29
Slide 2: Consolidated Statements, FY2009 1st Half
Consolidated Statements, FY2009 1st Half （Billions of yen） FY2008 FY2009 FY2008 FY2009 Changes from Changes from Actual FY2009 1H Y／Y Actual Projected Y／Y the prior the prior FY2008 1H Changes period results FY2008 FY2009 Changes period results Projected Actual (as of July 30,2009) 実績 as of July 30,
Slide 3: Results of Operation (1) [Half Year Transition]
Results of Operation（1）［Half Year Transition］ 14.7% 13.9% 14.6% 14.5% 12.6% （Billions of yen） （Billions of yen） 11.6% 11.8% 10.4% 90.0 15.0 79.6 80.0 74.3 4.2% 71.8 73.7 70.2 68.0 1.7% 12.0 70.0 10.4 10.7 59.0 9.8 59.3 60.0 55.6 9.2 9.2 52.7 8.7 9.0 50.0 8.0 40.0 6.1 6.0 30.0 20.0 2.3 3.0 10.0 0.9 0
Slide 4: Assets
Assets （Billions of yen） Change 184.4 189.9 5.5 3.4 Cash and bank deposits 28.2 31.6 1.3 Notes and accounts receivable (Trade) 27.3 25.9 0.2 Marketable securities 6.5 6.7 2.1 Inventories 28.7 26.6 0.6 Other current assets 11.0 11.7 1.1 Property, plant and equipment 35.6 36.8 Intangible assets 7.3 In
Slide 5: Liabilities・Total Net Assets
Liabilities・Total Net Assets （Billions of yen） Change 189.9 5.5 184.4 0.2 Notes and accounts payable 9.5 9.7 15.0 1.9 Other current liabilities 16.9 15.3 3.4 Long-term liabilities 11.8 4.3 Total net assets 150.1 145.7 2009／3 2009／9 Equity Ratio 2009／3 2009／9 78.5% 78.4% 2009.10.29 ④
Slide 6: Sales by Product Groups [Half Transition]
Sales by Product Groups ［Half Transition］ （Billions of yen） 74.4 73.8 80.0 68.0 2.1 2.0 70.0 0.7 1.0 1.8 55.6 0.8 52.8 60.0 23.1 21.7 1.2 33.7 34.5 18.6 1.6 30.7 0.7 50.0 0.6 9.8 40.0 11.8 11.2 17.4 27.4 20.6 29.2 30.0 9.3 7.8 29.8 38.5 29.2 20.0 37.3 27.5 35.3 17.8 23.7 19.5 25.0 10.0 8.7 8.0 7.7 5
Slide 7: Segment Information: Net Sales and Operating Income by Region
Segment Information Net Sales by Region Operating Income by Region （Billions of yen） （Billions of yen） 45.0 42.8 5.0 40.0 37.6 4.4 35.0 4.0 3.5 30.0 25.1 2.9 2.9 25.0 22.722.6 3.0 20.0 17.9 16.9 1.8 2.0 15.0 12.0 10.0 1.0 0.9 5.0 3.2 2.9 0.5 ▲0.6 ▲0.0 0.1 0 0 Japan Oveaseas (North (Asia) (Europe) Am
Slide 8: Overseas Net Sales
Overseas Net Sales 2008／9 （Billions of yen） 2009／9 80.0 70.0 68.0 60.0 50.0 55.6 40.0 44.8 38.2 30.0 20.0 23.1 22.2 (Japan)17.3 17.7 10.0 (Japan) 14.1 12.4 7.8 7.1 0.6 0.9 0 Consolidated Overseas（North America）（Asia） （Europe） （Others） 2009.10.29 ⑦
Slide 9: Capital Expenditures, Depreciation and Amortization, R&D Expenses
Capital Expenditures, Depreciation and Amortization, R&D Expenses Capital Expenditures Depreciation and Amortization R&D Expenses （Billions of yen） Capital Expenditures （Billions of yen） Depreciation and Amortization 15.0 8.0 6.5 12.0 5.8 6.0 5.1 4.6 4.8 9.0 4.0 7.6 6.0 6.0 6.8 6.7 2.8 5.8 5.4 6.2 5
Slide 10: Cash Flows
Cash Flows Operating Activities （Billions of yen） 10.0 9.1 8.6 8.0 6.7 6.0 4.0 2.0 0 -2.0 ▲0.5 1.9 Free Cash Flow -4.0 ▲3.4 -6.0 ▲5.3 Financing Activities -8.0 -10.0 9.6 Investing Activities 2008／9 2009／9 Cash and cash equivalents at beginning of the year 27.7 27.3 Cash and cash equivalents at end o
Slide 11: Other Income and Expenses
Other Income and Expenses （Billions of yen） 2008／9 2009／9 Change Other Income 2.8 1.6 ▲1.1 Interest Income 0.5 0.2 ▲0.2 Dividend 0.4 0.3 ▲0.0 Gain on sales of investment securities 1.1 0.0 ▲1.0 Equity in gains of affiliates 0.4 － ▲0.4 Profit on sale/ revaluation of available- for-sale securities － 0
Slide 12: Number of Employees
Number of Employees （Person） 4,681 4,774 4,708 4,616 4,620 5,000 4,538 4,000 3,000 2,472 2,544 2,393 2,430 2,393 2,431 2,000 2,227 2,277 2,145 2,186 2,209 2,230 1,000 0 2007／3 2007／9 2008／3 2008／9 2009／3 2009／9 Japan Overseas Total 2009.10.29 ⑪
Slide 13: Forward-looking statements notice
This report contains forward-looking statements which reflect management’s views at the time of the announcement with respect to certain future events and financial performance .Actual results may differ materially from those projected or implied in any forward-looking statements .Further, certain f