Screen Holdings Co., Ltd · TSE:7735
Screen — Dainippon Screen Mfg. — Q1 FY2015 Earnings Presentation
18 slides from Screen's earnings presentation, Aug 5, 2014
Slide 1: Business Results & Forecast, First Quarter ended June 30, 2014
Business Results & Forecast The first quarter ended June 30, 2014 Aug. 5, 2014 DAINIPPON SCREEN MFG. CO., LTD. Managing Director & CFO Yoichi Kondo Cautionary statement with respect to these materials; The earnings forecasts contained in these materials and communicated verbally, are made in accorda
Slide 2: Agenda
Agenda 1. FY2015 1Q Business Results 2. Business Situation 3. Financial Section 4. Change to Holding Company Structure 5. FY2015 Business Forecast 6. Overview 1
Slide 3: FY2015 1Q Business Results (consolidated)
FY2015 1Q Business Results (consolidated) >>Year-on-year comparison FY2014 FY2015 Difference (Unit: Billions of JPY) 1Q 1Q (15/3 1Q - 14/3 1Q) Net Sales 59.3 100% 52.4 100% (6.8) -11.5％ Operating income 2.2 3.7％ 2.2 4.3％ 0.0 1.3％ Ordinary income 2.2 3.8% 2.3 4.5% 0.1 5.5％ Net income 1.6 2.8% 1.5 2.9
Slide 4: Quarterly Net Sales and Operating Income (Consolidated)
Quarterly Net Sales and Operating Income (Consolidated) Net Sales SE FE MP Other Operating Income (right) Operating Income (Unit : Billions of JPY) 90.0 Shipment Basis Completion of Installation Basis 10.0 6.2 4.3 3.8 2.7 3.1 1.2 2.2 2.2 0.6 0.8 1.5 14.6 0.0 16.2 60.0 11.0 7.7 9.9 (4.4) 12.8 4.8 11.
Slide 5: Quarterly Orders Received and Order Backlog (Consolidated)
Quarterly Orders Received and Order Backlog (Consolidated) Order Received Order Backlog SE FE MP Other Order Backlog (right) (Unit : Billions of JPY) 100.0 Shipment Basis Completion of Installation Basis 120.0 75.0 96.0 91.7 91.2 89.3 84.4 83.1 80.6 78.7 78.4 75.0 80.0 70.1 69.5 13.4 14.1 12.9 12.1
Slide 6: Business Environment <SE: Semiconductor Equipment>
Business Environment < SE: Semiconductor Equipment > >>Year-on-year comparison FY2014 FY2015 Difference (Unit: Billions of JPY) 1Q 1Q (15/3 1Q - 14/3 1Q) Net Sales 43.3 100% 35.1 100% (8.2) -19.0％ Operating income 2.1 4.9％ 2.9 8.3％ 0.7 37.7％ >> Comparison with the previous Quarter FY2014 FY2015 Diff
Slide 7: <SE> Quarterly Order Received Ratio by Device Application
<SE> Quarterly Order Received Ratio by Device Application (Nonconsolidated) >> FY2015 1Q Order Received Ratio by Device Application (Nonconsolidated) *Ref.: 1Q Order Received (consolidated) JPY 36.6 bn. 100% Other 13％ Logic 16% 50% Memory 21% > DRAM: 15% > Flash: 6% Foundry 47％ 0% Imaging 3％ Device
Slide 8: Business Environment <FE: FPD Equipment>
Business Environment < FE: FPD Equipment > >>Year-on-year comparison FY2014 FY2015 Difference (Unit: Billions of JPY) 1Q 1Q (15/3 1Q - 14/3 1Q) Net Sales 4.1 100% 4.9 100% 0.8 20.7％ Operating income 0.1 2.7％ (0.4) -8.3％ (0.5) -％ >> Comparison with the previous Quarter FY2014 FY2015 Difference (Unit:
Slide 9: <FE> Quarterly Orders Received by Generation
< FE> Quarterly Orders Received by Generation (Nonconsolidated) >> FY2015 1Q Orders Received by Generation (Nonconsolidated) *Ref.: 1Q Order Received (consolidated) JPY 12.5 bn. 100% Over G8 G7 G6 50% G5 G4 Under G3 Other 0% FY12/1Q FY12/2Q FY12/3Q FY12/4Q FY13/1Q FY13/2Q FY13/3Q FY13/4Q FY14/1Q FY1
Slide 10: Business Environment <MP: Media And Precision>
Business Environment < MP: Media And Precision > >>Year-on-year comparison FY2014 FY2015 Difference (Unit: Billions of JPY) 1Q 1Q (15/3 1Q - 14/3 1Q) Net Sales 11.6 100% 12.1 100% 0.5 4.6％ Operating income 0.4 3.7％ 0.4 3.7％ 0.0 4.4％ >> Comparison with the previous Quarter FY2014 FY2015 Difference (U
Slide 11: Trend in B/S (consolidated)
Trend in B/S (consolidated) Cash & time deposits Notes & accounts payable Assets Notes & accounts receivable Liabilities & Net Assets Interest-bearing debt （Unit: Billions of JPY） Inventories （Unit: Billions of JPY） Other current liabilities Other current asset Other noncurrent liabilities Property,
Slide 12: Consolidated Cash Flows
Consolidated Cash Flows >> FY2015 1Q Free Cash Flow : JPY(3.0) bn. (Unit : Billions of JPY) Operating CF Investing CF Financing CF 40.0 34.2 30.0 24.7 21.5 20.0 11.2 10.0 0.0 (2.1) (1.3) (1.6) (1.1) (10.0) (4.1) (5.7) (4.2) (9.4) (20.0) (15.3) (30.0) (22.2) (29.3) (40.0) FY2011 FY2012 FY2013 FY2014
Slide 13: Interest-bearing Debt (Consolidated)
Interest-bearing Debt (Consolidated) (Unit: Billions of JPY) Interest-bearing Debt Cash and Time Deposits Net interest-bearing debt 140.0 131.0 122.7 120.0 111.1 100.0 80.7 77.2 76.9 78.6 80.0 72.4 75.3 71.9 71.6 70.4 69.7 69.4 64.9 57.3 55.5 54.6 60.0 55.7 53.8 53.5 53.4 50.7 50.2 50.3 47.6 45.9 45
Slide 14: Outline of Change to Holding Company Structure
Outline of Change to Holding Company Structure >> Preparation for company split-up in October 2014 is steadily in progress A division for changing to a holding company structure was established, solving a variety of challenges and managing progress Establish a new flamework of Successor Companies Se
Slide 15: Business Forecast for FY2015 (consolidated)
Business Forecast for FY2015 (consolidated) 1st H 2nd H Full (Unit: Billions of JPY) Forecast Forecast Forecast May 7 Aug. 5 May 7 Aug. 5 May 7 Aug. 5 Net Sales 108.0 113.0 128.0 128.0 236.0 241.0 SE 73.0 77.0 81.5 81.5 154.5 158.5 FE 8.5 9.0 18.0 18.0 26.5 27.0 MP 26.0 26.5 27.5 27.5 53.5 54.0 OT 0
Slide 16: Overview
Overview >> The current business environment is largely within the scope of the assumption at the beginning of the current year. >> In view of the current order situation, a business forecast for the 1st half of the fiscal year has been upwardly revised. Robust capital investment by each foundry h
Slide 17: For reference: Financial Results (Fiscal year ended March 2014)
For reference : Financial Results (Fiscal year ended March 2014) Consolidated Net Sales Sales Results by Business Segment Consolidated Net Sales by Location SE: Semiconductor Equipment Business FE: FPD Equipment Business MP: Media And Precision Technology Business MT: Graphic Arts Equipment Business
Slide 18: Fit your needs, Fit your future
Fit your needs, Fit your future
Dainippon Screen Mfg. — Q1 FY2015 Earnings Presentation on 6ix