Hirose Electric Co., Ltd. · TSE:6806
Hirose Electric — FY2016 Earnings Presentation
20 slides from Hirose Electric's earnings presentation, May 9, 2017
Slide 1: Business Results of FY2016
Business Results of FY2016 Creative Links to World Electronic May 9th , 2017 Hi Hirose El Electric t i Co.,Ltd C 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 FY2016
Business Situation of FY2016 [1Q FY2016 (Apr – Jun)] •Smartphone market orders had slightly exceeded expectation for Chinese market, etc. Automotive market trend was stable. Industrial market sales started weak, but ended with a upward trend. [2Q FY2016 (Jul – Sep)] •Total increase in sales from 1Q.
Slide 4: FY2015 1Q – FY2016 4Q Orders and Sales (Consolidated Basis, Index Number)
FY2015 1Q – FY2016 4Q Orders and Sales (Consolidated Basis, Index Number) Total 120 103 104 102 101 101 98 100 103 98 96 Average of FY2015＝100 100 94 94 Order 92 97 94 Sales 92 Although sluggish sales in Jan and Feb, sales l tturned d upwardd in i Mar M (Index: (I d 108) 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4
Slide 5: Sales by Markets: Smartphone / Mobile
FY2015 1Q – FY2016 4Q Sales by Markets (Consolidated Basis, Index Number) Smartphone / Mobile 120 103 105 104 99 100 Average of FY2015＝100 86 87 92 83 80 Due to increase in Korea, etc. 60 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q FY2015 FY2016 Sales 5
Slide 6: Sales by Markets: Automotive
FY2015 1Q – FY2016 4Q Sales by Markets (Consolidated Basis, Index Number) Automotive 120 Monthly index Jan: 101, Feb: 103, Mar: 110 104 105 101 102 97 100 Average of FY2015＝100 96 94 95 80 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q FY2015 FY2016 Sales 6
Slide 7: Sales by Markets: Associated Electric Equipment, FA Controlling Device, and Others
FY2015 1Q – FY2016 4Q Sales by Markets (Consolidated Basis, Index Number) Associated Electric Equipment Equipment, FA Controlling Device, and Others 120 M thl iindex Monthly d Jan: 98, Feb: 101, Mar: 121 106 Good trend in FA, etc. 107 102 102 96 99 100 Average of FY2015＝100 95 97 80 1Q 2Q 3Q 4Q 1Q 2
Slide 8: Business Results for FY2016
Business Results for FY2016 note) figures in green italics: data announced on Jan 2017 (hundred m illions of Yen) Major c hanges ov er prior s ame period ((Ａ)FY2015 ) ((B)FY2016 ) ((B)-(A) )( ) ((B)/(A) )( ) ( (unit : hundred mi llions off Y en)) (FY ended Mar31, 2016) (FY ended Mar31, 2017) [Sales]
Slide 9: Sales and Profits by Half-Year
Sales and Profits by Half-Year (hundred millions of Yen) 900 40% 800 29.6% 28 4% 28.4% 26.0% 27.2% 27.3% 26.7% 30% 700 23.3% 25.1% Sales 617 633 624 633 612 591 572 579 600 20% 500 Recurring 10% 400 Profit 300 0% Recurring 200 183 165 178 172 167 Profit 138 144 154 ‐10% 100 Ratio 0 ‐20% 1H 2H 1H 2H
Slide 10: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) Account (A) Mar 31, 2016 (B) Mar 31, 2017 (B) - (A) R Remark k Increase due to government bond Cash and 1,647.5 1,852.5 205.0 redemption, etc. Cash in Bank Increase due to sales increase in Trade 273.4 284.9 11.5 Mar/2017 Receivables Se
Slide 11: Changes in Consolidated Balance Sheet
Changes in Consolidated Balance Sheet (hundred millions of Yen) A Account t (A) Mar M 31, 31 2016 (B) Mar M 31, 31 2017 (B) - (A) Remark Notes Payable and Account 112.4 113.9 1.5 Payable Income Taxes Payable 38.8 37.6 -1.2 Tax payment Others 156.4 152.5 -3.9 Total Liabilities 307.6 304.0 -3.6 Retain
Slide 12: Sales Changes by Application (round number) [Consolidated Basis]
Sales Changes by Application (round number) [Consolidated Basis] 10%down 1%up FY2015 2%down FY2016 10%down Smartphone General Automotive Tablet/ Digital Computer Office /Mobile Phone Industrial Notebook Consumer Related Machineryy PC Electronics Equipment *2 Communication *1 As this is in round numb
Slide 13: Sales by Application (round number) (Consolidated Basis)
Sales by Application (round number) (Consolidated Basis) (Others 23%) Smartphone/ (Others 23%) Smartphone/ Mobile General Mobile Phone 27% (FA Controlling Industrial Phone 29% General Equipment 2%) 30% (FA Controlling Industrial FY2015 FY2016 Equipment 3%) (Associated Electric 31% Equipment 5%) (Ass
Slide 14: Overseas Production and Sales Ratio
Overseas Production and Sales Ratio (%) 72 72 73 71 70 66 60 Overseas 50 47 48 S Sales Ratio 45 44 45 40 Overseas 30 Production 20 Ratio 10 0 FY2012 FY2013 FY2014 FY2015 FY2016 FY2016 14
Slide 15: Capital Investment and Depreciation Change (Consolidated Basis)
Capital Investment and Depreciation Change (Consolidated Basis) (hundred millions of Yen) ((%)) 160 160 140 132 40.0 118 118 120 114 110 110 111 Capital 105 30.0 Investment 100 77 Depreciation 80 20.0 60 13 3 13.3 Capital 11.5 9.1 9.4 9.8 Investment 40 10.0 Ratio Depreciation 20 8.8 8.7 9.2 8.8 6.7
Slide 16: Number of Employees (Financial Report Basis)
Number of Employees (Financial Report Basis) (Employees) 6000 5020 5000 4319 4190 3966 4044 4000 Overseas 3000 4010 Domestic 3128 3213 2972 3035 2000 1000 1010 994 1009 1062 1106 0 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017Mar 2017 Mar 16
Slide 17: Distribution of Shareholders
Distribution of Shareholders 100% 13.66 14.77 15.26 12.62 13.05 90% Treasury Stocks 5.98 4.61 4 52 4.52 4 15 4.15 80% 4.36 Individual and 70% Others 60% 40.38 40.55 41.15 42.57 43.04 Foreign Corporation 50% Other 40% Corporation 13 56 13.56 13 20 13.20 12 96 12.96 13 54 13.54 13 46 13.46 S Securitie
Slide 18: Business Forecast for the Year Ending March 31, 2018 (Consolidated)
Business Forecast for the Year Ending March 31, 2018 (Consolidated) (hundred millions of Yen) FY2016 (FY ended Mar31, 2017) FY2017 (FY ending Mar31, 2018) 第2四半期累計 First Half For the 通期 Actual Forecast Over the Previous Actual Amount Over the Previous Actual Amount Amount Amount First Half For the Ye
Slide 19: Growth investment and Shareholder return
Growth investment and Shareholder return Partially previously shown in financial results presentation of 2016/5/10 We will use cash p prioritizing g investment based on medium-term growth strategy and then aim for better shareholder return Growth investment Shareholder return R&D investment 1 More a
Slide 20: Change in Personnel (Scheduled on Jun 27th, 2017)
Change in Personnel (Scheduled on Jun 27th, 2017) 1. Directors Title N ame Kazunori Ishii President and Representative Director (Reappoi nt ed) Managing g g D irector,, General Manager, g , Engineering g g D iv. and in Mitsuo Nakamura charge of Production D iv. (Reappoi nt ed) Makoto Kondo Managing