Kyocera Corporation · TSE:6971
Kyocera — FY2013 Earnings Presentation
27 slides from Kyocera's earnings presentation, Apr 26, 2013
Slide 1: Financial Presentation
April 26, 2013 Financial Presentation For the Year ended March 31, 2013
Slide 2: Today's Presentation
Today's Presentation Goro Yamaguchi President and Representative Director 1. Financial Results for the Year ended March 31, 2013 2. Financial Forecast for the Year ending March 31, 2014
Slide 3: 1. Financial Results for the Year ended March 31, 2013
1. Financial Results for the Year ended March 31, 2013
Slide 4: Financial Results for the Year ended March 31, 2013
Financial Results for the Year ended March 31, 2013 - Comparison with the Year ended March 31, 2012 - (Unit: Yen in millions) Year ended March 31, Change 2012 2013 Amount % to net sales Amount % to net sales Amount % Net sales 1,190,870 100.0 1,280,054 100.0 89,184 7.5 Profit from operations 97,675
Slide 5: Sales by Reporting Segment for the Year ended March 31, 2013
Sales by Reporting Segment for the Year ended March 31, 2013 - Comparison with the Year ended March 31, 2012 - (Unit: Yen in millions) Year ended March 31, Change Reporting Segment 2012 2013 % of % of Amount net sales Amount net sales Amount % Fine Ceramic Parts Group 80,372 6.7 74,852 5.9 -5,52
Slide 6: Operating Profit by Reporting Segment for the Year ended March 31, 2013
Operating Profit by Reporting Segment for the Year ended March 31, 2013 - Comparison with the Year ended March 31, 2012 - (Unit: Yen in millions) Year ended March 31, Change Reporting Segment 2012 2013 Amount % to net sales Amount % to net sales Amount % Fine Ceramic Parts Group 12,622 15.7 7,61
Slide 7: Summary of Financial Results (1) - Components Business
Summary of Financial Results for the Year ended March 31, 2013 (1) - Components Business - (Unit: Yen in billions) Sales Compared with FY3/2012： up ¥82.8 billion 725.1 642.3 Electronic Device Group: up ¥42.8 billion Contribution of Kyocera Display Corp. Applied Ceramic Products Group: up ¥31.7 b
Slide 8: Summary of Financial Results (2) - Equipment Business
Summary of Financial Results for the Year ended March 31, 2013 (2) - Equipment Business - Sales (Unit: Yen in billions) Compared with FY3/2012： up ¥5.7 billion 422.1 427.8 Information Equipment Group: up ¥7.1 billion Higher unit sales in emerging and advanced countries FY3/2012 FY3/2013 FY3/2013 O
Slide 9: Initiatives Implemented in the Year ended March 31, 2013
Initiatives Implemented in the Year ended March 31, 2013 １ Strengthen production base ・ Start production of information equipment at a new plant in Vietnam. KYOCERA Document Technology Vietnam Co., Ltd. ２ Strengthen businesses through M&As Electronic Device Group Strengthen LCD and tantalum capacito
Slide 10: 2. Financial Forecast for the Year ending March 31, 2014
2. Financial Forecast for the Year ending March 31, 2014
Slide 11: Management Policy for the Year ending March 31, 2014
Management Policy for the Year ending March 31, 2014 Aim to be a high-growth, high-profitable company Exploit Kyocera Group’s collective capabilities Strengthen Increase new product market share development Please refer to forward-looking statements on the final page. 7
Slide 12: Major Initiatives (1): Expand Sales in Growing Markets
Major Initiatives (1): Expand Sales in Growing Markets Information and Communication Market Expand sales of miniature and Components Business high-performance components Equipment Business Expand sales channels overseas Environment and Energy Market Expand sales of environmental and energy related p
Slide 13: Major Initiatives (2): Strengthen Business Foundation Overseas
Major Initiatives (2): Strengthen Business Foundation Overseas Reduce costs and increase production to meet growing demand Start production at a new plant in Vietnam Production items: Ceramic packages, connectors Start of operations: Summer of 2013 (planned) KYOCERA VIETNAM COMPANY LIMITED Start
Slide 14: Major Initiatives (3): Strengthen Business Foundation in Japan
Major Initiatives (3): Strengthen Business Foundation in Japan Increase production in Japan by leveraging technological advantages Expand into volume zone Expand production facilities of organic packages Production items: FC-CSP (flip-chip chip scale packaging) substrates Start of construction: Ma
Slide 15: Financial Forecast of FY3/2014
Financial Forecast of FY3/2014 (Unit: Yen in millions) Year ended Year ending Changes in amount March 31, 2013 March 31, 2014 (Forecast) compared with % to % to Amount Amount Amount % net sales net sales Net sales 1,280,054 100.0 1,400,000 100.0 119,946 9.4 Profit from operations 76,926 6.0 140,000
Slide 16: Financial Forecasts: Fine Ceramic Parts Group
Financial Forecasts by Reporting Segment for FY3/2014 Fine Ceramic Parts Group Sales (Unit: Yen in billions) 80.4 82.5 Compared with FY3/2013 74.9 Sales ＋7.6 billion （＋10.2%） Operating Profit ＋4.4 billion （＋57.6%） Major Initiatives FY3/2012 FY3/2013 FY3/2014 (Forecast) ・ Expand sales by increasing s
Slide 17: Financial Forecasts: Semiconductor Parts Group
Financial Forecasts by Reporting Segment for FY3/2014 Semiconductor Parts Group Sales (Unit: Yen in billions) 192.5 167.2 Compared with FY3/2013 153.4 Sales ＋25.3 billion （＋15.1%） Operating Profit ＋5.6 billion （＋18.5%） FY3/2012 FY3/2013 FY3/2014 (Forecast) Major Initiatives Operating profit / ratio
Slide 18: Financial Forecasts: Applied Ceramic Products Group
Financial Forecasts by Reporting Segment for FY3/2014 Applied Ceramic Products Group Sales (Unit: Yen in billions) 227.0 211.4 Compared with FY3/2013 179.8 Sales ＋15.6 billion （＋7.4%） Operating Profit ＋6.1 billion （＋33.9%） FY3/2012 FY3/2013 FY3/2014 (Forecast) Major Initiatives Operating profit / ra
Slide 19: Financial Forecasts: Electronic Device Group
Financial Forecasts by Reporting Segment for FY3/2014 Electronic Device Group Sales (Unit: Yen in billions) 271.6 282.0 228.7 Compared with FY3/2013 Sales ＋10.4 billion （＋3.8%） Operating Profit ＋32.2 billion （ － ） FY3/2012 FY3/2013 FY3/2014 (Forecast) Major Initiative Operating profit / ratio (Unit:
Slide 20: Financial Forecasts: Telecommunications Equipment Group
Financial Forecasts by Reporting Segment for FY3/2014 Telecommunications Equipment Group Sales (Unit: Yen in billions) 191.0 178.7 177.3 Compared with FY3/2013 Sales ＋13.7 billion （＋7.7%） Operating Profit ＋5.1 billion （＋377.6%） FY3/2012 FY3/2013 FY3/2014 (Forecast) Major Initiatives Operating profit
Slide 21: Financial Forecasts: Information Equipment Group
Financial Forecasts by Reporting Segment for FY3/2014 Information Equipment Group Sales (Unit: Yen in billions) 280.0 243.5 250.5 Compared with FY3/2013 Sales ＋29.5 billion （＋11.8%） Operating Profit ＋6.2 billion （＋28.7%） FY3/2012 FY3/2013 FY3/2014 (Forecast) Major Initiatives Operating profit / rati
Slide 22: Financial Forecasts: Others
Financial Forecasts by Reporting Segment for FY3/2014 Others Sales (Unit: Yen in billions) 176.0 152.0 159.9 Compared with FY3/2013 Sales ＋16.1 billion （＋10.1%） Operating Profit －1.9 billion （－18.4%） FY3/2012 FY3/2013 FY3/2014 Major Initiatives (Forecast) Operating profit / ratio (Unit: Yen in billi
Slide 23: Achieve Financial Forecasts for FY3/2014
Achieve Financial Forecasts for FY3/2014 (Unit: Yen in billions) Achieve record-high sales 1,400.0 1,280.1 【Reference】 Record-high sales 1,190.9 1,290.4 billion yen （FY3/2008） 10.7% 9.6% 7.9% 150.0 114.9 101.4 FY3/2012 FY3/2013 FY3/2014 (Forecast) Please refer to forward-looking statements on the fi
Slide 24: Dividend Forecast for FY3/2014
Dividend Forecast for FY3/2014 Dividend Policy： Maintain a consolidated payout ratio at a level of 30% or more Annual Dividend per Share (Unit: Yen) 160 120 120 FY3/2012 FY3/2013 FY3/2014 (Forecast) Please refer to forward-looking statements on the final page. 20
Slide 25: Sales Forecast by Reporting Segment for FY3/2014
Sales Forecast by Reporting Segment for FY3/2014 Reference (Unit: Yen in millions) Year ending Year ended March 31, 2014 Change Reporting Segment March 31, 2013 (Forecast) % of % of Amount Amount Amount % net sales net sales Fine Ceramic Parts Group 74,852 5.9 82,500 5.9 7,648 10.2 Semiconduct
Slide 26: Operating Profit Forecast by Reporting Segment for FY3/2014
Operating Profit Forecast by Reporting Segment for FY3/2014 Reference (Unit: Yen in millions) Year ending Year ended March 31, 2014 Change Reporting Segment March 31, 2013 (Forecast) % to % to Amount Amount Amount % net sales net sales Fine Ceramic Parts Group 7,614 10.2 12,000 14.5 4,386 57.6
Slide 27: Forward-Looking Statements
Forward-Looking Statements Certain of the statements made in this document are forward-looking statements (within the meaning of Section 21E of the U.S. Securities and Exchange Act of 1934), which are based on our current assumptions and beliefs in light of the information currently available to us.