TDK Corporation · TSE:6762
TDK — Q1 FY March 2020 Earnings Presentation
13 slides from TDK's earnings presentation, Jul 31, 2019
Slide 1: Consolidated Results for 1Q of FY March 2020
Consolidated Results for 1Q of FY March 2020 Tetsuji Yamanishi Senior Vice President © TDK Corporation 2019 Performance Briefing 1Q of Fiscal Year March 2020 Corporate Communications Group July 31, 2019 1
Slide 2: Key points concerning earnings for 1Q of FY March 2020
Key points concerning earnings for 1Q of FY March 2020 ● Delivered mostly the same level of net sales and operating income as in 1Q of FY March 2019, despite the impact of global economic deceleration due to escalation of trade friction between the U.S. and China. ¬ Net sales decreased 1.8% year on
Slide 3: Consolidated results for 1Q of FY March 2020
Consolidated results for 1Q of FY March 2020 FY March 2019 FY March 2020 Change 1Q results 1Q results (Yen billions) Yen billions % Net sales 343.1 336.8 (6.3) -1.8 Operating income 25.4 25.0 (0.4) -1.6 Operating income margin 7.4% 7.4% +0.0 pt - Income before income taxes 23.7 24.7 1.0 4.2 Net inco
Slide 4: 1Q results - Passive Components segment
1Q results - Passive Components segment Net sales (Yen billions) 112.7 Net sales 98.3 billion yen (down 12.8% year on year) 98.3 Operating income 10.3 billion yen (down 26.4% year on year) ● Ceramic Capacitors ¬ Sales decreased and operating income increased year on year. ¬ Sales increased to the au
Slide 5: 1Q results - Sensor Application Products segment
1Q results - Sensor Application Products segment Net sales Net sales 18.1 billion yen (down 4.2% year on year) (Yen billions) 18.9 Operating loss -7.0 billion yen (up ―% year on year) 18.1 ● Sensors ¬ Sales and operating income decreased year on year. ¬ Sales of Magnetic Sensors (Hall Sensors) decre
Slide 6: 1Q results - Magnetic Application Products segment
1Q results - Magnetic Application Products segment Net sales (Yen billions) Net Sales 55.5 billion yen (down 21.3% year on year) 70.5 Operating income 3.3 billion yen (down 5.7% year on year) 55.5 ● HDD Heads and HDD Suspension Assemblies ¬ Sales and operating income decreased year on year. ● Magnet
Slide 7: 1Q results - Energy Application Products segment
1Q results - Energy Application Products segment Net sales Net Sales 144.5 billion yen (up 15.0% year on year) (Yen billions) 144.5 Operating income 26.5 billion yen (up 26.2% year on year) 125.6 ● Energy Devices (Rechargeable Batteries) ¬ Sales and operating income increased year on year. ¬ Sales t
Slide 8: Quarterly results by segment
Quarterly results by segment 1Q of 4Q of 1Q of YoY change QoQ change (C)-(A) (C)-(B) FY March 2019 FY March 2019 FY March 2020 (Yen billions) (A) (B) (C) Yen billions % Yen billions % Capacitors 44.5 42.3 39.3 (5.2) -11.7 (3.0) -7.1 Inductive Devices 38.9 34.3 34.1 (4.8) -12.3 (0.2) -0.6 Other Passi
Slide 9: Breakdown of operating income changes
Breakdown of operating income changes 1Q of 1Q of FY March 2019 Operating income -0.4 billion yen FY March 2020 25.4 billion yen 25.0 billion yen (Yen billions) Sales price Changes in sales reduction Rationalization, Benefits from SG&A expenses Exchange +3.1 (5.3) increase One-time cost reduction re
Slide 10: Projections for 2Q of FY March 2020 - Image of changes in sales
Projections for 2Q of FY March 2020 - Image of changes in sales (Yen billions) 2Q projections Segment 1Q of FY March 2020 (QoQ change) Passive Components 98.3 +8～+11% Sensor Application Products 18.1 +14～+17% Magnetic Application Products 55.5 +2～+5% Energy Application Products 144.5 +12～+15% Other
Slide 11: Full year / dividend projections
FY March 2020 full year / dividend projections FY March 2020 YoY change FY March 2019 full year projections full year results Yen billions % (announced on Apr. 26, 2019) (Yen billions) Net sales 1,381.8 1,420.0 38.2 2.8 Operating income 107.8 120.0 12.2 11.3 Operating income margin 7.8% 8.5% +0.7 pt
Slide 12: Cautionary statements with respect to forward-looking statements
Cautionary statements with respect to forward-looking statements This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings, and evaluations about TDK, or its group companies (TDK Group). These forward-looking
Slide 13: Text data including Q&A of performance briefing will be uploaded
Text data including Q&A of performance briefing will be uploaded on following site. https://www.tdk.com/corp/en/ir/ir_events/conference/2020/1q_1.htm