Kyocera Corporation · TSE:6971
Kyocera — FY2008 Earnings Presentation
33 slides from Kyocera's earnings presentation, April 2008
Slide 1: Kyocera Corporation Financial Presentation (Year Ended March 31, 2008)
Kyocera Corporation Financial Presentation (Year Ended March 31, 2008) Makoto Kawamura President and Representative Director April 2008
Slide 2: Today's Presentation
Today’s Presentation 1. 1.Consolidated ConsolidatedFinancial FinancialResults Results (Year (Yearended endedMarch March31, 31,2008) 2008) 2. 2.Consolidated ConsolidatedFinancial FinancialForecast Forecastand andMeasures Measures (Year (Yearending endingMarch March31, 31,2009) 2009) Makoto Kawamura P
Slide 3: 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.
Slide 4: Consolidated Financial Results
Consolidated Financial Results - Year ended March 31, 2008 - (Unit: Yen in millions) Year ended March 31, 2007 Year ended March 31, 2008 % Change Amount % to net sales Amount % to net sales Net sales 1,283,897 100.0 1,290,436 100.0 0.5 Profit from operations 135,102 10.5 152,420 11.8 12.8 Pre-tax in
Slide 5: Pre-tax Income Ratio Trends - FY05 through FY08
Consolidated Financial Results (Year ended March 31, 2008) (1) Pre-tax Income Ratio Trends - FY05 through FY08 - (%) Components Business Equipment Business Kyocera Group 20 16.1 14.8 14.6 13.4 12.2 13.5 10.0 8.9 9.3 10 6.6 5.2 4.3 0 FY3/05 FY3/06 FY3/07 FY3/08 Pre-tax Income has grown for three cons
Slide 6: Components Business and Equipment Business
Consolidated Financial Results (Year ended March 31, 2008) (2) Components Business and Equipment Business Net sales Operating profit • Impact of change in Change Change accounting method Amount Amount for depreciation: (Unit: Yen in billions) from FY07 from FY07 -9.9 billion yen Components Business
Slide 7: Trends of Cash Dividend per Share
Consolidated Financial Results (Year ended March 31, 2008) (3) Trends of Cash Dividend per Share (Unit: Yen) Annual Total 110 100 ¥ 120 80 60 60 60 Interim 60 ¥ FY02 FY03 FY04 FY05 FY06 FY07 FY08 (Planned) Increase in cash dividend for four consecutive fiscal years / pay-out ratio: 21.2% Please refe
Slide 8: Measures Taken in Year ended March 31, 2008
Measures Taken in Year ended March 31, 2008 1. Expanded production of solar cells and modules ・ Expanded production volume through increased procurement of silicon materials 2. Increased production capacity and market share for ceramic capacitors ・ Reexamined plan for installation of new equipment i
Slide 9: Business Outlook
Business Outlook - Year ending March 31, 2009 - (Kyocera Forecast) Production Volume Forecast for Key Electronic Equipment CY2007 CY2008 (Estimate) Background (Millions of Units) (% change from CY2007) Mobile phone handsets 1,150 +10% Steady demand in developing countries PCs 260 +10% Increase in de
Slide 10: Consolidated Financial Forecast
Consolidated Financial Forecast - Year ending March 31, 2009 - (Unit: Yen in millions) Year ended March 31, 2008 Year ending March 31, 2009 % Change Amount % to net sales Amount % to net sales Net sales 1,290,436 100.0 1,476,000 100.0 14.4 Profit from operations 152,420 11.8 145,000 9.8 -4.9 Pre-tax
Slide 11: FY09 Measures in each Reporting Segment (1)
FY09 Measures in each Reporting Segment (1) Fine Ceramic Parts Group Environment and results in FY08 Q4 Forecasts and measures for FY09 FY09 % change (Unit: Yen in billions) Forecast from FY08 ① Decreasing trend continued in Net Sales 81.5 0.2 sales of components for Operating Profit 10.0 -10.5 semi
Slide 12: FY09 Measures in each Reporting Segment (2)
FY09 Measures in each Reporting Segment (2) Semiconductor Parts Group Environment and results in FY08 Q4 Forecasts and measures for FY09 FY09 % change Forecast from FY08 ① Sales of packages for (Unit: Yen in billions) CCD / CMOS sensors and Net Sales 155.0 0.3 surface mount device (SMD) for Operatin
Slide 13: FY09 Measures in each Reporting Segment (3)
FY09 Measures in each Reporting Segment (3) Applied Ceramic Products Group Environment and results in FY08 Q4 Forecasts and measures for FY09 FY09 % change (Unit: Yen in billions) Forecast from FY08 Net Sales 179.0 19.4 ① Solar energy business Operating Profit 33.0 1.1 ・ Steady demand helped to stab
Slide 14: FY09 Measures in each Reporting Segment (4)
FY09 Measures in each Reporting Segment (4) Electronic Device Group Environment and results in FY08 Q4 Forecasts and measures for FY09 FY09 % change (Unit: Yen in billions) Forecast from FY08 Net Sales 281.0 -4.5 Operating Profit 31.0 -15.1 ① Capacitors (sales decreased) ・ Demand adjustment occurred
Slide 15: FY09 Measures in each Reporting Segment (5)
FY09 Measures in each Reporting Segment (5) Information Equipment Group Environment and results in FY08 Q4 Forecasts and measures for FY09 FY09 % change (Unit: Yen in billions) Forecast from FY08 Net Sales 290.0 4.8 Operating Profit 35.0 -11.5 ① Sales of Printers / MFPs increased in overseas market
Slide 16: For Sustainable Business Growth
For Sustainable Business Growth 1. 1.Expand Expandbusiness businessof ofTelecommunications Telecommunications Equipment EquipmentGroup Group ・ Increase market share and build up business foundation towards expansion of sales and profit 2. 2.Expand Expandsolar solarenergy energybusiness business ・ Bo
Slide 17: Creativity and Growth: Aim at Sustainable Growth
"Creativity and Growth": Aim at Sustainable Growth Achieve Continuous Sales Expansion and High Profit Ratio Creativity Creativity and and Growth Growth Seek synergies Develop new products within group companies and technologies Management Policy Practice Promote Establish a highly "Customer-first" P
Slide 18: Measures in Telecommunication Equipment Business
Measures in Telecommunication Equipment Business Yasuyuki Yamamoto Deputy General Manager April 2008 Corporate Communication Equipment Group
Slide 19: Today's Presentation
Today’s Presentation 1. 1.About AboutNew NewStructure StructureAdopted Adoptedin inApril April2008 2008 2. 2.FY09 FY09Measures Measures 3. 3.Mid-term Mid-termGoals Goals
Slide 20: New Structure from April 2008 (1)
New Structure from April 2008 (1) Corporate Communication Equipment Group Corporate 1st Mobile Communication Equipment Div. Kyocera Wireless Corp. (KWC) Kyocera Wireless (India) Pvt. Ltd. (KWI) Corporate 2nd Mobile Kyocera Telecom. Equipment Communication Equipment Div. ( Malaysia) Sdn. Bhd. (Former
Slide 21: New Structure from April 2008 (2)
New Structure from April 2008 (2) 1. 5 bases in Japan (Offices: Yokohama, Daito, Gifu, Plants: Kitami, Tanakura) 2. 7 overseas bases (3 bases in the US, 1 each in China, Malaysia, Canada, New Zealand) 3. Total number of employees in this business group: 4,250 of which total number of transferred emp
Slide 22: Business Fields
Business Fields Japanese mobile phone handset business CDMA handsets PHS handsets Overseas mobile phone handset business Base station business CDMA handsets PHS base stations iBurstTM base stations iBurstTM is a trademark or registered trademark of ArrayComm, Inc. in the United States. 18
Slide 23: Gain Market Share in au by KDDI and WILLCOM
Japanese mobile phone Measures in FY09 (1) handsets business Gain Market Share in au by KDDI and WILLCOM, Inc. 1. 1. au au --Aim Aimto togain gain30% 30%market market share share-- ・ Maintain a bi-brands structure, Kyocera and SANYO ・ Strengthen product line-up through integration of technologies 2.
Slide 24: Synergistic Effects through Integration
Japanese mobile phone Measures in FY09 (2) handsets business Synergistic Effects through Integration 1. 1.Reduce Reducematerials materialsexpense expense ・ Benefit from economies of scale ・ Use common main components 2. 2.Reduce ReduceR&D R&Dexpense expense ・ Integration of processes / utilization o
Slide 25: Integration of Overseas Business
Overseas mobile phone Measures in FY09 (3) handsets business Integration of Overseas Business 1. 1. Organize Organize management management structure structure ・ Mutual cooperation among divisions: marketing, sales, production and R&D ・ Integration of products road map 2. 2. Establish Establish glob
Slide 26: Basic Policies for Strategies Roadmap
Overseas mobile phone Measures in FY09 (4) handsets business Basic Policies for Strategies Roadmap Product strategies (Former personal mobile group of SANYO Electric Co., Ltd.) Focus on Challenge in Respond to design and Differentiate new thoroughly user trends new materials categories 1. Focus on d
Slide 27: Basic Policies for Strategies Roadmap (KWC)
Overseas mobile phone Measures in FY09 (5) handsets business Basic Policies for Strategies Roadmap FY09 Product strategies (KWC) North Expand sales Introduction American of low-end of AWS GSM １X products products as a bridge leader strategy 1. Maintain and expand market share among Tier#2 carriers 2
Slide 28: Development of Base Stations
Base station Measures in FY09 (6) business Development of Base Stations 1. 1. Next Next generation generation PHS PHS business business ・ Development of base stations and preparation for mass production - Start test service in April 2009, and supply equipment for commercial service in October 2009 -
Slide 29: Expansion of Base Stations Business
Base station Measures in FY09 (7) business Expansion of Base Stations Business 1. Synergistic effects through integration of Telecommunication Equipment Business (technological know-how / resources) 2. Synergistic effects through strategic alliance with Kyocera Communication Systems Ltd. (KCCS) Form
Slide 30: Mid-term Business Goals
Mid-term Business Goals Aim to grow year-on-year sales by double digit Secure double digit profit ratio in Japanese business Secure stable profit in overseas business Please refer to accompanying note on page 1. 26
Slide 31: Strategies for Achieving Mid-term Goals
Strategies for Achieving Mid-term Goals 1. Japanese mobile phone handset business - Aim to increase market share - Secure market share with present models in au by KDDI Introduce next generation PHS handsets Introduce WiMAX handsets 2. Base station business - Aim to be a higher ranked vendor -
Slide 32: Notes for Consolidated Financial Results
Notes for Consolidated Financial Results During fiscal year ended March 31, 2007, Kyocera sold its shares in Kyocera Leasing Co., Ltd., a subsidiary engaged in financing services. For this reason, business results of Kyocera Leasing Co., Ltd. and profit on sales of the shares in Kyocera Leasing Co.,
Slide 33: THE NEW VALUE FRONTIER
THE NEW VALUE FRONTIER ry KYOCERA