Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — Corporate Update (October 2012)
10 slides from Nippon Chemi-Con's corporate update, Oct 3, 2012
Slide 1: FY2012 Forecast Revision and Structural Reform
FY2012 Forecast Revision and Structural Reform Presentation Data (Summary) October 3, 2012 Nippon Chemi-Con Corporation FY2012 Revised Forecast Junichi Suga, Executive Managing Director Structural Reform and FY2013 Forecast Ikuo Uchiyama, President October 3, 2012 Nippon Chemi- Chemi-Con Corporation
Slide 2: Background for the Forecast Revision
Background for the Forecast Revision Negative Impact of the Great East Japan Earthquake 1. Decline in Aluminum Electrolytic Capacitor market share 2. Severe price competition due to the rise of Chinese and Taiwanese competitors Stagnation of Global Economy 1. European countries’ financial problems 2
Slide 3: Revised Forecast for the First Half of FY2012
Revised Forecast for the First Half of FY2012 Revised forecast for the first half of FY2012 1H FY2012 Change from (Billions of yen) August Forecast October Forecast August Forecast Net sales 50.0 45.8 (4.2) Operating income(loss) (0.7) (4.2) (3.5) Ordinary income(loss) (1.1) (5.3) (4.2) Net income (
Slide 4: Revised Forecast for the Full FY2012
Revised Forecast for the Full FY2012 Revised forecast for the full FY2012 FY2012 (full year) Change from (Billions of yen) August Forecast October Forecast August Forecast Net sales 110.0 93.0 (17.0) Operating income(loss) 1.5 (6.8) (8.3) Ordinary income(loss) 1.0 (8.0) (9.0) Net income 0 (9.7) (9.7
Slide 5: Structural Reform: Outline
Structural Reform 1. Outline of Structural Reform 1) Eliminate/Consolidate Production Facilities 2) Personnel Downsizing 3) Reduction of Labor Costs –Nippon Chemi-Con 4) Freeze Capital Spending 5) Reduce Inventory 6) Business Selection and Focus 7) Growth Strategy with New Products October 3, 2012 N
Slide 6: Outline of Structural Reform: Budget and Effects
Structural Reform 1. Outline of Structural Reform 8) Allocated Structural Reform Budget - 1 billion yen 9) Effects of Structural Reform 8 billion yen profit improvement Operating income of 3 billion yen and Net income of 1.5 billion yen for the FY2013 October 3, 2012 Nippon Chemi- Chemi-Con Corporat
Slide 7: Goals of Structural Reform
Structural Reform 2. Goals of Structural Reform Reform the Reform the business business structure structure to to turn turn profit at profit at 90 90 billion billion yen yen sales sales amount amount Reduce the Reduce the break break-even point -even point 107billion yen 107billion yen 90 billion 90
Slide 8: Measures and Effects of the Structural Reform
Structural Reform 3. Measures and Effects of the Structural Reform Fixed Costs Reduction 6 billion yen Productivity Improvement 0.5 billion yen Sales Increase by New Products 1.5 billion yen Total 8 billion yen October 3, 2012 Nippon Chemi- Chemi-Con Corporation 8 Presentation Data (Summary)
Slide 9: Performance Goals for FY2013
Performance Goals for FY2013 Performance Goals for FY2013 Goals for (Billions of yen) FY2013 Net sales 96.0 Operating income 3.0 Net income 1.5 October 3, 2012 Nippon Chemi- Chemi-Con Corporation 9 Presentation Data (Summary)
Slide 10: Note
Note The projected performance figures in this material are based on information available to Nippon Chemi-Con’s management at the time this material was prepared. There are many uncertain factors inherent in forecasting, and there might be cases in which actual results differ from forecast values.