Kawasaki Heavy Industries Ltd. · TSE:7012
Kawasaki Heavy Industries — H1 FY2005 Earnings Presentation
16 slides from Kawasaki Heavy Industries's earnings presentation, Oct 28, 2005
Slide 1: Investors Meeting for First Half of Fiscal 2005
Investors Meeting for First Half of Fiscal 2005 (for the year ending March 31, 2006) Oct 28, 2005 Kawasaki Heavy Industries, Ltd.
Slide 2: Summary of 1H/FY2005 Results (Consolidated)
Summary of 1H/FY2005 Results(Consolidated) Orders Received・Net Sales Profits (Billion \) (Billion \) 593.5 14 600 12.5 537.7 516.6 503.0 400 6.9 7 5.2 200 3.3 0 0 1H/FY2004 1H/FY2005 1H/FY2004 1H/FY2005 Orders Received Net Sales Operating Income Net Income （Billion￥） Actual Exchange Rates １Ｈ/ＦＹ２００４(
Slide 3: Breakdown of Increases/Decreases in Profit for 1H/FY2005
Breakdown of Increases/Decreases in Profit for 1H/FY2005 compared to 1H/FY2004 Operating income (＋５．６billion yen) Adverse influence by exchange rate movements －１．８ Adverse impact of rise in material price －４．３ Effects of sales increase ＋７．２ Effects of cost reduction including fixed cost, etc ＋４．５
Slide 4: Debt and Cash flows
Debt and Cash flows Ｂ／Ｓ Cash Flows (Billion \) 1,400 200% (Billion \) 1,114.0 1,194.4 1,193.9 30 1,050 19.8 700 150% 20 391.8 353.8 11.2 339.9 8.5 350 10 3.5 36.5 44.6 32.6 0 100% 0 1H/FY2004 FY2004 1H/FY2005 Cash on hand and in banks Interest-bearing debt Total assets Net D/E Ratio -10 -7.6 -11.3 (
Slide 5: Shipbuilding
Shipbuilding Orders Received Net Sales Operating Income (Billion \) (Billion \) (Billion \) 155.8 150 120 110.0 4 130.0 2.8 87.0 100 80 2 73.0 53.7 1.0 44.4 0.7 FY2005 50 38.4 40 0 1H/FY2004 FY2004 1H/FY2005 0 0 1H/FY2004 FY2004 1H/FY2005 FY2005 1H/FY2004 FY2004 1H/FY2005 FY2005 -2 -1.5 1H/FY2004 1H
Slide 6: Rolling Stock
Rolling Stock Orders Received Net Sales Operating Income (Billion \) (Billion \) (Billion \) 200 178.3 180.0 200 171.7 165.0 10 150 7.7 150 6.0 100 100 84.3 5 77.6 67.5 3.1 37.0 2.2 50 50 0 0 0 1H/FY2004 FY2004 1H/FY2005 FY2005 1H/FY2004 FY2004 1H/FY2005 FY2005 1H/FY2004 FY2004 1H/FY2005 FY2005 【Bus
Slide 7: Aerospace
Aerospace Orders Received Net Sales Operating Income (Billion \) (Billion \) (Billion \) 240 214.7 220.0 240 225.0 8.5 9 188.2 180 180 6.0 5.6 6 120 120 91.2 73.4 49.3 60 3 60 34.2 1.0 0 0 0 1H/FY2004 FY2004 1H/FY2005 FY2005 1H/FY2004 FY2004 1H/FY2005 FY2005 1H/FY2004 FY2004 1H/FY2005 FY2005 ＜Sales
Slide 8: Gas Turbines & Machinery
Gas Turbines & Machinery Orders Received Net Sales Operating Income (Billion \) (Billion \) (Billion \) 190.0 5.0 200 160.0 5 162.6 160 141.3 4 150 120 3 2.6 97.1 100 84.5 80 68.1 69.0 2 1.3 50 1 1H/FY2004 40 0 0 FY2004 1H/FY2005 FY2005 0 -0.3 1H/FY2004 FY2004 1H/FY2005 FY2005 -1 1H/FY2004 FY2004 1H
Slide 9: Plant & Infrastructure Engineering
Plant & Infrastructure Engineering Orders Received Net Sales Operating Income (Billion \) (Billion \) (Billion \) 150 200 191.0 3 1H/FY2004 FY2004 1H/FY2005 FY2005 126.4 170.0 0 110.0 150 -3 100 -6 57.4 100 -5.6 67.4 68.6 -9 -7.1 50 -9.0 26.2 50 -12 -15 -14.4 0 0 1H/FY2004 FY2004 1H/FY2005 FY2005 1H
Slide 10: Consumer Products & Machinery
Consumer Products & Machinery Net Sales Operating Income (Billion \) (Billion \) 338.4 350.0 350 18 16.7 14.0 280 12 210 166.3 156.4 140 4.8 5.1 6 70 0 0 1H/FY2004 FY2004 1H/FY2005 FY2005 1H/FY2004 FY2004 1H/FY2005 FY2005 <Geographical Sales for Consumer Products> (Thousands of Unit / Billion ￥) 【Bu
Slide 11: R&D/Capital expenditures/Number of Employees
R&D/Capital expenditures/Number of Employees (Billion ￥/ Persons ) 1H/FY2004 FY2004 1H/FY2005 FY2005 Actual Actual Actual Projection R&D 11.7 27.8 10.9 30.0 Capital 14.1 29.6 17.8 42.0 expenditures Depreciation and 15.1 31.5 14.3 32.0 amortization Domestic 23,576 23,070 22,963 22,800 Overseas 5,550
Slide 12: Outlook for FY2005
Outlook for FY2005 Orders Received・Net Sales Profits (Billion \) (Billion \) 1,400 1,301.8 1,300.0 1,300.0 30 28.0 1,241.5 24.7 1,050 20 14.0 700 11.4 10 350 0 0 FY2004 FY2005（Ｐrojection) FY2004 FY2005（Ｐrojection) Orders Received Net Sales Operating Income Net Income （Billion ¥） FY2004 FY2005 Planne
Slide 13: Outlook for FY2005 by Segment
Outlook for FY2005 by Segment （Billion ￥） FY２００４ Actual FY２００５ Projection As of April As of October Net Sales Operating Net Sales Operating Net Sales Operating Income Income Income Shipbuilding 87.0 1.0 110.0 -3.0 110.0 -1.5 Rolling Stock 171.7 7.7 160.0 5.0 165.0 6.0 Aerospace 188.2 6.0 230.0 7.0 2
Slide 14: Outlook of Orders Received for FY2005
Outlook of Orders Received for FY2005 （Billion ￥） FY２００４ FY２００５ Projection Actual As of April As of October Shipbuilding 155.8 120.0 130.0 Rolling Stock 178.3 180.0 180.0 Aerospace 214.7 210.0 220.0 Gas Turbines & Machinery 162.6 180.0 190.0 Plant & Infrastructure Engineering 126.4 160.0 110.0 Consu
Slide 15: Orders Received & Net Sales (FY2005 Projection)
Orders Received & Net Sales (FY2005 Projection) Orders Received Net Sales Others Shipbuilding Others Shipbuilding 9% 10% 9% 9% Rolling Rolling Stock Stock 13% Consumer 14% Products & Consumer Machinery Products & 27% ￥1,300.0billion Machinery 27% ￥1,300.0billion Aerospace Aerospace 17% 17% Plant & I
Slide 16: Kawasaki, let the good times roll!
Kawasaki, let the good times roll ! Cautionary Statement The performance outlook and the forecasts stated in this material were prepared by Kawasaki Heavy Industries, Ltd. (hereinafter, KHI) based on the circumstances at the release point, and include potential risks and uncertain factors that relat
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