UBE Corporation · TSE:4208
UBE — Ube Industries — Q1 FY2014 Earnings Presentation
15 slides from UBE's earnings presentation, Feb 5, 2014
Slide 1: Financial Results for the 1st Quarter FY 2014
1 Financial Results for the 1st Quarter FY 2014 February 5, 2014
Slide 2: Scope of Consolidation
2 Scope of Consolidation - Financial Results for the 1st Quarter FY2014 - End of FY2013 End of FY2014 1Q Change Item Notes (A) (B) （B) - （A) Number of UBE Machinery consolidated 65 66 +1社 Thai subsidiaries Number of equity method 24 24 - affiliates Total 89 90 +1社
Slide 3: Environmental Factors
3 Environmental Factors - Financial Results for the 1st Quarter FY2014 - （Billion Yen） Impacts on FY2013 1Q FY2014 1Q Change Item Consolidated (A) (B) (B) - (A) OP Income Exchange Rate Yen/$ 98.8 102.2 3.4 -0.1 (CIF) $/ｔ 929 958 29 -0.2 Naphtha (Domestic) Yen/KL 65,500 70,000 4,500 (-0.4) Material P
Slide 4: Major P/L & B/S Items
4 Major P/L ＆ B/S Items - Financial Results for the 1st Quarter FY2014 - (Billion Yen) FY2013 1Q FY2014 1Q Change Item (A) (B) (B) - (A) Sales 153.4 148.5 -4.8 Operating income 1.2 0.2 -1.0 Ordinary income 0.0 -0.3 -0.4 Net income -0.2 -1.1 -0.9 End of FY2013 End of FY2014 1Q Change Item (A) (B) (B)
Slide 5: Sales by Segment
5 Sales by Segment - Financial Results for the 1st Quarter FY2014 - （Billion Yen） FY2013 1Q FY2014 1Q Change Segment Major Factors (A) (B) (B) - (A) Caprolactam chain △4.4 Chemicals & Plastics 53.0 49.8 -3.2 Synthetic rubber 1.2 Specialty Chemicals & Specialty products △1.0 Products 15.7 14.6 -1.1 F
Slide 6: Operating Income by Segment
6 Operating Income by Segment - Financial Results for the 1st Quarter FY2014 - （Billion Yen） FY2013 1Q FY2014 1Q Change Segment Major Factors (A) (B) (B) - (A) Chemicals & Plastics -2.9 -2.0 0.9 Caprolactam chain 0.9 Specialty Chemicals & Specialty products -0.6 Products 0.0 -0.8 -0.8 Fine chemicals
Slide 7: Analysis of Operating Income
7 Analysis of Operating Income - Financial Results for the 1st Quarter FY2014 - （Billion Yen） Operating Income Segment FY2013 1Q FY2014 1Q Change Sales Fixed Price Others (A) (B) (B) - (A) *1 Volume Cost *2 Chemicals & Plastics -2.9 -2.0 0.9 -2.3 0.4 0.5 2.3 Specialty Chemicals & 0.0 -0.8 -0.8 -0.9
Slide 8: Non Operating Items
8 Non Operating Items - Financial Results for the 1st Quarter FY2014 - （Billion Yen） FY2013 1Q FY2014 1Q Change Item (A) (B) (B) - (A) Operating income 1.2 0.2 -1.0 Net interest expense -0.4 -0.1 0.3 Non operating income Equity in earnings of unconsolidated subsidiaries 0.3 0.0 -0.2 and affiliated c
Slide 9: Extraordinary Items
9 Extraordinary Items - Financial Results for the 1st Quarter FY2014 - （Billion Yen） FY2013 1Q FY2014 1Q Change Item (A) (B) (B) - (A) Loss on disposal of PP&E -0.3 -0.7 -0.3 Loss on stop of equipment - -0.3 -0.3 Net extraordinary income/loss loss -0.2 -1.0 -0.7
Slide 10: Operating Income - Net Income
10 Operating Income - Net Income - Financial Results for the 1st Quarter FY2014 - （Billion Yen） FY2013 1Q FY2014 1Q Change Item (A) (B) (B) - (A) Operating income 1.2 0.2 -1.0 Non operating item -1.2 -0.6 0.5 Ordinary income 0.0 -0.3 -0.4 Extraordinary item -0.2 -1.0 -0.7 Income before income tax an
Slide 11: Consolidated Balance Sheet
11 Consolidated Balance Sheet - Financial Results for the 1st Quarter FY2014 - （Billion Yen） End of FY2013 End of FY2014 1Q Change Item (A) (B) (B) - (A) Current assets 296.5 291.6 -4.9 Fixed assets 404.0 407.0 2.9 Total assets 700.7 698.8 -1.8 Interest-bearing debts 245.8 253.4 7.6 Other liabilitie
Slide 12: Consolidated Statements of Cash Flows
12 Consolidated Statements of Cash Flows - Financial Results for the 1st Quarter FY2014 - （Billion Yen） Item FY2013 1Q FY2014 1Q Income/losses before income tax and minority interests -1.4 A.Cash flows from operating activities 12.0 11.3 Depreciation andamortization 8 Working capital 2.2, etc. B.Cas
Slide 13: Appendix
13 Appendix
Slide 14: Major Subsidiaries
14 Major Subsidiaries - Financial Results for the 1st Quarter FY2014 - (Billion Yen) Operating Sales income Subsidiaries and Affiliates Business change from FY2014 1Q FY2013 1Q UBE CHEMICALS (ASIA) PUBLIC CO., LTD Manufacture and sales of caprolactam and polyamide resin 9.7 ↑ Manufacture and sales o
Slide 15: Forward-looking statements notice
15 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