Ube Corporation · TSE:4208

Ube — Ube Industries — Q2 FY2016 Earnings Presentation

28 slides from Ube's earnings presentation, Nov 1, 2016

  1. Slide 1: Financial Results for the 2nd Quarter FY2016

    1 Financial Results for the 2nd Quarter FY2016 November 1, 2016

  2. Slide 2: Contents

    2 Contents ・ FY2016 2nd Quarter Consolidated Results ・ FY2016 Consolidated Forecasts ・ Appendix ※This"2nd Quarter(2Q)" date states information for 6 month total.

  3. Slide 3: FY2016 2nd Quarter Consolidated Results

    3 FY2016 2nd Quarter Consolidated Results

  4. Slide 4: Scope of Consolidation

    4 Scope of Consolidation － Financial Results for the 2nd Quarter FY2016 － End of FY2015 End of FY2016 2Q Change Item Notes (A) (B) （B) - （A) Number of consolidated 68 68 0 subsidiaries Number of equity method 25 25 0 affiliates Total 93 93 0

  5. Slide 5: Material Price Environmental Factors

    5 Environmental Factors － Financial Results for the 2nd Quarter FY2016 － FY2015 2Q FY2016 2Q Change Item (A) (B) (B) - (A) Exchange Rate Yen/$ 121.8 105.3 -16.5 (CIF) $/ｔ 541 398 -143 Naphtha (Domestic) Yen/KL 47,800 31,400 -16,400 Material Price Benzene(ACP) $/ｔ 754 637 -117 Australian Coal $/ｔ 77.

  6. Slide 6: Major P/L & B/S Items

    6 Major P/L & B/S Items － Financial Results for the 2nd Quarter FY2016 － (Billion Yen) FY2015 2Q FY2016 2Q Difference Item (A) (B) (B) - (A) Net sales 323.2 281.0 -42.1 Operating income 20.5 11.5 -8.9 Ordinary income 19.6 10.3 -9.3 Profit attributable to owners of parent 13.7 7.1 -6.6 End of FY2015

  7. Slide 7: Net Sales by Segment

    7 Net Sales by Segment － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） FY2015 2Q FY2016 2Q Difference Segment Major Factors (A) (B) (B) - (A) Nylon/Caprolactam chain -17.1, Synthetic rubber -1.2, Chemicals 136.9 117.9 -19.0 Battery Materials and Fine Chemicals 0.9, Polyimide and Speci

  8. Slide 8: Operating Income by Segment

    8 Operating Income by Segment － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） FY2015 2Q FY2016 2Q Difference Segment Major Factors (A) (B) (B) - (A) Nylon/Caprolactam chain -7.1, Synthetic rubber 0.2, Chemicals 6.3 0.4 -5.9 Battery Materials and Fine Chemicals -0.5, Polyimide and Spec

  9. Slide 9: Analysis of Operating Income

    9 Analysis of Operating Income － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） Operating Income Variance Segment FY2015 2Q FY2016 2Q Difference Sales Fixed Price Others Volume Cost (A) (B) (B) - (A) *1 *2 Chemicals 6.3 0.4 -5.9 -4.0 0.1 -3.8 1.7 Pharmaceutical 0.2 1.1 0.9 0.1 1.1 0.0

  10. Slide 10: Non Operating Income/Expenses

    10 Non Operating Income/Expenses － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） FY2015 2Q FY2016 2Q Difference Item (A) (B) (B) - (A) Operating income 20.5 11.5 -8.9 Net interest expenses -0.4 -0.1 0.3 Share of profit of entities income/expenses 1.5 0.9 -0.6 Non-operating accounted f

  11. Slide 11: Extraordinary Income/Losses

    11 Extraordinary Income/Losses － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） FY2015 2Q FY2016 2Q Difference Item (A) (B) (B) - (A) Reversal of accrued expenses from business withdrawal 1.5 - -1.5 Loss on disposal of non-current assets -0.8 -0.5 0.3 Loss on valuation of investment se

  12. Slide 12: Operating Income – Net Income

    12 Operating Income – Net Income － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） FY2015 2Q FY2016 2Q Difference Item (A) (B) (B) - (A) Operating income 20.5 11.5 -8.9 Non-operating income/expenses -0.8 -1.1 -0.3 Ordinary income 19.6 10.3 -9.3 Extraordinary income/losses -0.0 -0.4 -0.4

  13. Slide 13: Consolidated Balance Sheet

    13 Consolidated Balance Sheet － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） End of FY2015 End of FY2016 2Q Difference Item (A) (B) (B) - (A) Current assets 276.9 256.7 -20.1 Fixed assets 402.7 396.6 -6.0 Total assets 679.7 653.5 -26.2 Interest-bearing debts 216.6 204.2 -12.4 Other l

  14. Slide 14: Consolidated Statements of Cash Flows

    14 Consolidated Statements of Cash Flows － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） Item FY2015 2Q FY2016 2Q Profit before income taxes 9.8, A.Cash flows from operating activities 28.0 26.0 Depreciation and amortization 16.8, etc. B.Cash flows from investing activities -16.8 -18.

  15. Slide 15: FY2016 Consolidated Forecasts

    15 FY2016 Consolidated Forecasts

  16. Slide 16: Scope of Consolidation – FY2016 Forecasts

    16 Scope of Consolidation － FY2016 Consolidated Forecasts － End of End of Change Item FY2015 FY2016 Notes (A) (B) （B) - （A) Second Half: Number of + Mitsubishi Heavy Industries Plastic 68 70 2 Technology Co., Ltd. consolidated +Sales company to handle injection subsidiaries molding machines (name is

  17. Slide 17: Material Price Environmental Factors – FY2016 Forecasts

    17 Environmental Factors － FY2016 Consolidated Forecasts － FY2015 FY2016 Change Item (A) (B) (B) - (A) Exchange Rate Yen/$ 120.1 105.2 -14.9 [105.0] 484 424 -60 (CIF) $/ｔ [450] Naphtha (Domestic) 42,600 33,100 -9,500 Material Price Yen/KL [34,800] 643 Benzene(ACP) $/ｔ 667 -24 [650] Australian 73.6 7

  18. Slide 18: Major P/L & B/S Items – FY2016 Forecasts

    18 Major P/L & B/S Items － FY2016 Consolidated Forecasts － （Billion Yen） FY2015 FY2016 Difference Item (A) (B) (B) - (A) Net sales 641.7 610.0 -31.7 Operating income 41.4 35.0 -6.4 Ordinary income 39.6 33.0 -6.6 Profit attributable to owners of parent 19.1 20.0 0.9 End of FY2015 End of FY2016 Differ

  19. Slide 19: Net Sales by Segment – FY2016 Forecasts

    19 Net Sales by Segment － FY2016 Consolidated Forecasts － （Billion Yen） FY2016 FY2015 Difference Segment (Revised) Major Factors (A) (B) (B) - (A) Nylon/Caprolactam chain -23.6, Synthetic rubber -0.8, Chemicals 266.7 250.0 -16.7 Battery Materials and Fine Chemicals 6.6, Polyimide and Specialty Produ

  20. Slide 20: Operating Income by Segment – FY2016 Forecasts

    20 Operating Income by Segment － FY2016 Consolidated Forecasts － （Billion Yen） FY2016 FY2015 Difference Segment (Revised) Major Factors (A) (B) (B) - (A) Nylon/Caprolactam chain -5.3, Synthetic rubber -0.6, Chemicals 12.0 9.0 -3.0 Battery Materials and Fine Chemicals 1.4, Polyimide and Specialty Pro

  21. Slide 21: Operating Income – Net Income – FY2016 Forecasts

    21 Operating Income – Net Income － FY2016 Consolidated Forecasts － （Billion Yen） FY2015 FY2016 Difference Item (A) (B) (B) - (A) Operating income 41.4 35.0 -6.4 Non-operating income/expenses -1.7 -2.0 -0.3 Ordinary income 39.6 33.0 -6.6 Extraordinary income/losses -11.9 -4.0 7.9 Profit before income

  22. Slide 22: Appendix

    22 Appendix

  23. Slide 23: Reference: Progress of Major P/L Items

    23 【Reference】 Progress of Major P/L Items － Financial Results for the 2nd Quarter FY2016 － （Billion Yen） FY2015 (A) FY2016 (B) Difference (B) - (A) Item 2Q 2Q 2Q (Progress) (Progress) 323.2 281.0 Net Sales 641.7 610.0 -31.7 -42.1 (50.4%) (46.1%) 20.5 11.5 Operating income 41.4 35.0 -6.4 -8.9 (49.5%

  24. Slide 24: Reference: FY2016 Changes in Results – Net Sales by Segment

    24 【Reference】 FY2016 Changes in Results － Net Sales by Segment － (Billion Yen) FY2016 Full-year Progress Segment 1Q 2Q 3Q 4Q Total Forecast % Chemicals 57.9 60.0 - - 117.9 250.0 47.2% Pharmaceutical 2.4 2.0 - - 4.5 10.0 45.0% Cement & 53.8 55.9 - - 109.7 230.0 47.7% Construction Materials Machinery

  25. Slide 25: Reference: FY2016 Changes in Results – Operating Income by Segment

    25 【Reference】 FY2016 FY2016 Changes in results Changes in Results － Operating Income - Operating Income by by Segment Segment -－ (Billion Yen) FY2016 Full-year Progress Segment 1Q 2Q 3Q 4Q Total Forecast % Chemicals -2.3 2.8 - - 0.4 9.0 4.4% Pharmaceutical 0.4 0.6 - - 1.1 1.5 73.3% Cement & 2.9 4.4

  26. Slide 26: Reference: Major Data

    26 【Reference】 Major Data － Financial Results for the 2nd Quarter FY2016 － (Billion Yen) FY2016 full-year Item FY2015 2Q FY2016 2Q FY2015 full-year Forecast Capital investment 13.7 18.3 48.0 34.4 Depreciation and amortization 17.7 16.8 35.0 35.5 R&D expenses 6.5 6.5 14.5 13.7 Adjusted operating inco

  27. Slide 27: Reference: Major Subsidiaries

    27 【Reference】 【Reference】 Major Subsidiaries Major Subsidiaries －-Financial Financial Results forthe Results for the 1st 2nd Quarter QuarterFY2016 FY2016- － (Billion Yen) Operating Sales income Subsidiaries and Affiliates Business change from FY2016 2Q FY2015 2Q UBE CHEMICALS (ASIA) PUBLIC CO., LTD

  28. Slide 28: Forward-looking statements notice

    28 This presentation material contains forward-looking statements concerning UBEʼs future plans, strategies, and performance. These forward-looking statements are not historical facts; rather, they represent assumptions and beliefs based on economic, financial, and competitive date currently availab

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