Sysmex Corporation · TSE:6869

Sysmex — H1 FY2008 Earnings Presentation

22 slides from Sysmex's earnings presentation, Nov 6, 2008

  1. Slide 1: FY2008 2Q Business Results

    FY2008 2Q Business Results November 6, 2008 Hisashi Ietsugu, President & CEO 0

  2. Slide 2: Sysmex corporate mark meaning

    The mark which combines two contrasting elements symbolizes the fusion and sublimation of two contrasting ideas. The shape reminds us of the infinity symbol “∞” and illustrates the unlimited possibilities of Sysmex. The ocean and mountain design evokes the evolution of life as well as the Kobe lands

  3. Slide 3: Contents and Forward-looking Statements

    Contents 1. 2Q Financial Highlights 2. FY2008 Earnings Forecasts Forward­looking Statements This material contains forward­looking statements about Sysmex Corporation and its group companies (the Sysmex Group). These forward­looking statements are based on the current judgments and assumptions of th

  4. Slide 4: 2Q Financial Highlights

    1. 2Q Financial Highlights Copyright 2008 Sysmex Corporation Sysmex Corporation

  5. Slide 5: Results for the First Six Months of FY2008

    Results for the First Six Months of FY2008 60 (In billions of JPY) 10 First Six Months of Revised Forecast First Six Months % over a 56.4 52.9 FY2008 (as of Oct. 28) of FY2007 Year Earlier (In billions of JPY) 50 47.4 8 6.9 Net sales 56.4 56.5 52.9 106.7％ 41.6 6.9 6.5 Operating 40 36.2 income 6.9 6.

  6. Slide 6: Breakdown of Net Sales and Operating Income

    Breakdown of Net Sales and Operating Income Net Sales Operating Income (In billions of JPY) ※Numbers for each region (In billions of JPY) do not account for forex impact. AP FX impact Gross margin increased China 0.71 as a result of an Europe ­ 1.9 improvement in cost ratio 0.62 Increased SG&A Ameri

  7. Slide 7: Breakdown of Balance Sheet

    Breakdown of Balance Sheet Assets (In billions of JPY) Liabilities/Equity (In billions of JPY) Retained Equity Tangible Others earnings fixed assets 0.02 ­ 0.13 0.12 Fixed assets ­ 0.26 ­ 0.18 3.6 Intangible Others + 9.3 Fixed Liabilities 9.5 fixed assets liabilities Cash + 12.9 Others 9.3 4.2 ­ 3.4

  8. Slide 8: Consolidated Cash Flow

    Consolidated Cash Flow In billions of JPY 15 10 8.1 5.6 4.2 3.7 4.2 5 0.43 1.2 0 ­ 0.31 ­ 0.90 -5 ­ 3.5 ­ 5.1 ­ 7.6 -10 Increase/decrease in -15 "cash and cash equivalents" Operating CF Investing CF Financing CF FY2006 FY2007 FY2008 First 6 months First 6 months First 6 months ※Increase/decrease in

  9. Slide 9: Changes in Accounting Standards

    Changes in Accounting Standards Accounting Standards for Lease Direct leasing contracts ü Sales in Europe: ­ ¥0.65 billion ※Small impact on Operation income, Ordinary income and Net income Leased assets/liabilities now on­balance ü Tangible fixed assets: + ¥5.0 billion Valuation of Inventory Invento

  10. Slide 10: Topics

    Topics New Products Breast cancer reagents given manufacturing/marketing Gene Amplification Reagent approval from MHLW. Government reimbursement from LYNOAMP BC November ‘08 Japan’s first Alliances Service agreement for Sysmex bioMérieux commenced in Japan Gene Amplification Detector RD­100i Affilia

  11. Slide 11: Topics - 40th Anniversary Commemorative Events

    Topics ­ 40th Anniversary Commemorative Events ­ Establishing new Corporate Philosophy Promoting Global Corporate Value Enhancement Program TechnoPark opens（Expanding R&D base） 10

  12. Slide 12: Japan - Geographic Segment Information

    Japan ­ Geographic Segment Information ­ <Including Korea, Taiwan, and Mongolia> First 6 Months of % over a Year （Sales） （Operating First 6 Months of FY2008 Earlier Japan income） （In billions of JPY) FY2007 40 7.0 <Including Korea, Taiwan, Net sales 34.6 30.9 112.1% and Mongolia> 34.6 Sales to custo

  13. Slide 13: Americas - Geographic Segment Information

    Americas ­ Geographic Segment Information ­ First 6 Months of % over a Year （Operating (In billions of JPY) First 6 Months of FY2008 FY2007 Earlier* (Sales) Americas income） 15 2.0 Net sales 12.0 10.1 118.4% Operating 12.0 income 0.55 0.47 115.2% 12 1.5 10.1 9.0 9 *On a local currency basis: Net sal

  14. Slide 14: Europe - Geographic Segment Information

    Europe ­ Geographic Segment Information ­ （Operating First 6 Months of % over a Year （Sales） Europe income） First 6 Months of FY2008 Earlier* 25 10 (In billions of JPY) FY2007 Net sales 19.1 19.2 99.8% 19.2 19.1 20 8 Operating income 2.8 2.1 132.4% 14.7 15 6 *On a local currency basis: Net sales; 99

  15. Slide 15: China - Geographic Segment Information

    China ­ Geographic Segment Information ­ First 6 Months of % over a Year （Sales） China （Operating (In billions of JPY) First 6 Months of FY2008 income） 1.5 FY2007 Earlier* 6 Net sales 4.4 3.9 113.7% 5 4.4 1.2 Operating income 0.48 0.42 114.2% 4 3.9 3.1 0.9 *On a local currency basis: Net sales; 116%

  16. Slide 16: AP - Geographic Segment Information

    AP ­ Geographic Segment Information ­ <Excluding Korea, Taiwan, and Mongolia> First 6 Months of % over a Year （Sales） AP （Operating (In billions of JPY) First 6 Months of FY2008 income） 1.5 FY2007 Earlier* 4 <Excluding Korea, Taiwan, and Mongolia> Net sales 2.8 2.4 117.1% 1.2 Operating 3 2.9 income

  17. Slide 17: FY2008 Earnings Forecasts

    2. FY2008 Earnings Forecasts

  18. Slide 18: Changes in Business Environments

    Changes in Business Environments Slowdown and growing uncertainties in the global economy Forex markets turning into high­yen phase Impact on the Healthcare Business？ 17

  19. Slide 19: Consolidated Earnings Forecast

    Consolidated Earnings Forecast <Revised in 28 October, 2008> FY2008 Consolidated Earnings Forecast Net sales: ¥114 billion Operating Income: ¥14.0 billion Net Income: ¥7.2 billion Operating Income ratio: 12.3% Net Income ratio: 6.3% Investment plan Equipment: ¥12.0 billion R&D: ¥11.0 billion Planned

  20. Slide 20: Earnings Forecasts - Geographic Segment

    Earnings Forecasts ­Geographic <Revised Segment­ in 28 October, 2008> (In billions of JPY) Japan （ Operating Americas （Operating （ Sales） income） Europe （Operating （Sales） income） （Sales） <Including Korea, Taiwan, and Mongolia> income） 100 15 25 23.9 3 50 10 66.8 71.7 20.8 64.9 19.1 39.1 80 32.4 20

  21. Slide 21: Projected Dividend

    Projected Dividend <Revised in 28 October, 2008 ※only Dividend ratio> Interim Year­end Dividend ratio Total dividend dividend (Consolidated) FY2008 ¥ 24 ¥ 24 ¥ 48 ３４.１％ (Projected) FY2007 ¥ 20 ¥ 28 ¥ 48 26.8% 20

  22. Slide 22: Contact

    <Contact> IR & Corporate Communication Div. Phone: +81­78­265­0500 Email: [email protected] URL: PAC_E_0903_HY_01 21

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