Sysmex Corporation · TSE:6869
Sysmex — Q2 FY2010 Earnings Presentation
20 slides from Sysmex's earnings presentation, Nov 6, 2009
Slide 1: FY2010 2nd Quarter Business Results
FY2010 2nd Quarter Business Results (FY2010 ending March 31, 2010) Hisashi Ietsugu, President and CEO November 6, 2009
Slide 2: Contents
Contents Chapter 1 FY2010 2Q Financial Highlights Chapter 2 FY2010 Consolidated Earnings Forecast (FY2010 ending March 31, 2010) Forward-looking Statements This material contains forward-looking statements about Sysmex Corporation and its group companies (the Sysmex Group). These forward-looking sta
Slide 3: Chapter 1 FY2010 2Q Financial Highlights
Chapter 1 FY2010 2Q Financial Highlights
Slide 4: Results for the First 6 Months of FY2010
Results for the First 6 Months of FY2010 (In billions of JPY) First 6 Months of Earlier Forecast First 6 Months of % over a FY2010 FY2009 Year Ratio (as of May) Ratio Ratio Earlier Net Sales 55.7 100% 55 100% 56.4 100% 98.7% Operating Income 7.1 12.8% 5.5 10.0% 6.9 12.3% 103.0% Ordinary Income 7.0 1
Slide 5: Breakdown of Net Sales and Operating Income
Breakdown of Net Sales and Operating Income (In billions of JPY) Net Sales Operating Income Gross margin increased as a * FX impact excluded from result of an improvement in each regional sales below cost ratio -Depreciation of Technopark ¥0.23 billion Gross margin on SG&A AP FX impact China 0.42 in
Slide 6: Breakdown of Balance Sheet
Breakdown of Balance Sheet (In billions of JPY) Assets Liabilities/Equity assets Noncurrent Down Intangible Cash fixed 1.08 Up Equity Others assets 4.07 Current Retained 0.80 2.92 - 3.87 0.74 liabilities earnings Others Up Notes/ Accounts - 0.42 - 1.46 - 0.06 Current assets Down Liabilities Others -
Slide 7: Consolidated Cash Flow
Consolidated Cash Flow (In billions of JPY) 15 10.64 10 8.18 5.67 5 3.77 4.23 4.10 0 -0.90 -0.31 -2.50 -5 -3.64 -5.12 -7.61 -10 -15 Increase/decrease in “cash and Operating CF Investing CF Financing CF deposits” FY2008 FY2009 FY2010 First 6 months First 6 months First 6 months ※Increase/decrease in
Slide 8: Topics
Topics New Products Line-up of reagents for HISCL-2000i in the immunochemistry segment enriched Reagents for hepatitis B and cancer tumor launched (total of 15 items) Hematology analyzer XT-4000i launched in Japan, Europe, and AP To be launched in the Americas and China from 3Q onward Affiliates and
Slide 9: Geographic Segment Information: Americas
Geographic Segment Information: Americas (In billions of JPY) 15 Net Sales Operating 2.5 First 6 % over a (In billions of JPY) Income First 6 Months of Months of Year 12.0 11.3 FY2010 FY2009 Earlier 12 2 10.1 9.0 Net Sales 11.3 12.0 94.3% 9 6.9 1.16 1.5 Operating 6 1 Income 1.1 0.55 211.2% 0.47 0.55
Slide 10: Geographic Segment Information: Europe
Geographic Segment Information: Europe (In billions of JPY) 25 Net Sales Operating 10 First 6 % over a (In billions of JPY) Income First 6 Months of Months of Year 19.2 19.1 * * FY2010 FY2009 Earlier 20 17.7 8 14.7 Net Sales 17.7 19.1 92.4% 15 12.5 6 Operating 10 4 Income 2.6 2.8 91.2% 1.8 2.1 2.8 2
Slide 11: Geographic Segment Information: China
Geographic Segment Information: China (In billions of JPY) 7 Net Sales Operating 1.4 First 6 % over a (In billions of JPY) Income First 6 Months of 1.2 Months of Year 6 5.3 1.2 FY2010 FY2009 Earlier 5 1 4.4 Net Sales 5.3 4.4 121.2% 4 3.1 3.9 0.8 3.0 0.48 3 0.6 Operating 0.42 Income 1.2 0.48 260.6% 2
Slide 12: Geographic Segment Information: AP
Geographic Segment Information: AP (In billions of JPY) 4 Net Sales Operating 1.6 First 6 (In billions of JPY) Income First 6 Months of % over a Months of FY2010 Year Earlier FY2009 3 2.8 1.2 2.7 2.4 Net Sales 2.7 2.8 95.9% 1.9 2 1.7 0.8 Operating Income 0.53 0.32 162.5% 0.53 0.32 0.32 1 0.26 0.4 0.
Slide 13: Geographic Segment Information: Japan
Geographic Segment Information: Japan (In billions of JPY) (In billions of JPY) First 6 <Including Korea, Taiwan, and Mongolia, etc.> First 6 Months of % over a 40 12 Months of Net Sales Operating Income FY2010 Year Earlier FY2009 34.6 Net Sales 32.2 34.6 93.0% 32.2 10 30.3 30.9 Sales to Japan 17.6
Slide 14: Chapter 2 FY2010 Consolidated Earnings Forecast
Chapter 2 FY2010 Consolidated Earnings Forecast
Slide 15: External Environments
External Environments Underway of recovery from the economic crisis (Double-dip recession ?) Government-led support for economic recovery (Regime change in the US and Japan) Led by China and other emerging economies (Market structure changing due to expansion of the middle-income bracket) Greater in
Slide 16: FY2010 Consolidated Earnings Forecast (Revised November 2009)
Consolidated Earnings Forecast (Revised on November 2009) FY2010 Consolidated Earnings Forecast Net Sales: ¥117 billion Operating Income: ¥15 billion Net Income: ¥9.2 billion Operating Margin: 12.8 % Net Income Margin: 7.9 % (In billions of JPY) Planned exchange rate during 2nd Half: 1US$=¥90 1EUR=¥
Slide 17: Consolidated Earnings Forecast (Revised on November 2009)
Consolidated Earnings Forecast (Revised on November 2009) FY2010 FY2010 Revised on November % over as of May Earlier Net Sales ¥117 billion 100.9% ¥116 billion Operating Income ¥15 billion 115.4% ¥13 billion Ordinary Income ¥15 billion 115.4% ¥13 billion Net Income ¥9.2 billion 113.6% ¥8.1 billion 1
Slide 18: Financial Targets - Sales and Operating Income by Geographical Region
Financial Targets- Sales and Operating Income by Geographical Region (Revised on November 2009) 30 Net Sales Americas Operating 5 50 Net Sales Europe Operating 20 (In billions of JPY) Income Income 24.3 39.1 Japan 24 23.3 4 40 16 20.8 35.3 36.2 <Including Korea, Taiwan, 19.1 31.5 2.80 and Mongolia,
Slide 19: Projected Dividend (Not revised since May 2009)
Projected Dividend (Not revised since May 2009) Interim Year-end Total dividend dividend FY2010 ¥ 25 ¥ 25 ¥ 50 （Forecast） FY2009 ¥ 24 ¥ 26 ¥ 50
Slide 20: Contact
<Contact> IR & Corporate Communication Div. Phone: +81-78-265-0500 Email: [email protected] URL: