Fujikura Ltd · TSE:5803
Fujikura — Q1 FY2016 Earnings Presentation
18 slides from Fujikura's earnings presentation, Jul 28, 2016
Slide 1: FY2016 1Q Financial Results
FY2016 1Q Financial Results Fujikura Ltd. July 28, 2016
Slide 2: Contents
Contents 1. FY2016 1Q Financial Results 2. Information by Segment 1
Slide 3: 1. FY2016 1Q Financial Results
1. FY2016 1Q Financial Results 2
Slide 4: FY2016 1Q Financial Results
FY2016 1Q Financial Results （Unit: Billion JPY） FY2016 FY2015 FY2016 (Released on May, 10) 1H 1Q 1H FY2015 1Ｑ Achieve- 1H FY2016 ment Ratio Net Sales 168.4 345.2 678.5 145.6 44％ 330.0 690.0 Operating Income 7.8 17.0 32.6 5.6 47％ 12.0 28.0 Ratio of Operating Income to 4.7 4.9 4.8 3.9 3.6 4.1 Net Sale
Slide 5: Summary of FY2016 1Q Business Results
Summary of FY2016 1Q Business Results Net sales decreased on a QoQ basis due to the effects of appreciation of the yen and falling of copper price as well as decreased sales of electronics business. Operating income and ordinary income decreased on a QoQ basis due to the effects of appreciation
Slide 6: FY2016 1Q Net Sales by Factor (QoQ basis)
FY2016 1Q Net Sales by Factor (QoQ basis) Net Sales （Unit: Billion JPY） Effects of exchange rates Effects of Copper price Automotive （12.0) Electronics Products Other (7.3) Business +3.0 +0.2 (6.7) 22.8 lower than FY2015 1Q 5
Slide 7: FY2016 1Q Operating Income by Factor (QoQ basis)
FY2016 1Q Operating Income by Factor (QoQ basis) Operating Income （Unit: Billion JPY） Effects of exchange rates Electronics (1.4) Business Automotive Other Products +0.2 (2.0) +1.0 7.8 5.6 2.1 lower than FY2015 1Q FY2015 1Q FY2016 1Q Result Result 6
Slide 8: FY2016 1Q Extraordinary Profit and Loss
FY2016 1Q Extraordinary Profit and Loss Extraordinary Profit and Loss （Unit: Billion JPY） FY2015 1Q FY2016 1Q Operating Income 7.8 5.6 Equity Method Income (0.0) 0.0 Ordinary Income 7.1 4.5 Extraordinary Gains 0.0 0.1 Extraordinary Losses 0.3 0.2 2.7 billion yen Income before Income Taxes of provisi
Slide 9: Consolidated B/S (1)
Consolidated B/S（１） （Unit: Billion JPY） Effects of exchange rates -25.6 billion yen As of March As of June Effects of strong yen and depreciation Change 31, 2016 30, 2016 of currencies of emerging countries March 2016 June 2016 〈Assets〉 552.6 530.7 (21.9) TB 3.20 2.93 Yuan 17.41 15.51 Current Assets
Slide 10: Consolidated B/S (2)
Consolidated B/S（２） （Unit: Billion JPY） As of March As of June Change 31, 2016 30, 2016 Total 552.6 530.7 (21.9) （Treasury Stock） ((25.3)) ((0.2)) （+25.0） 〈Liability〉 334.6 333.8 (0.8) Notes and Account 73.7 64.5 (9.1) Payable Increased mainly due to Interest-bearing Debt 199.6 206.5 +6.9 capital in
Slide 11: 2. By Segment
2. By Segment F Fujikura
Slide 12: Financial Records and Forecasts by Segment
Financial Records and Forecasts by Segment （Unit: Billion JPY） Net Sales Operating Income and Ratio of Operating Income to Net Sales FY2015 FY2015 FY2016 FY2016 1H FY2015 FY2015 FY2016 FY2016 1H Segment 1Q 1H 1Q Forecasts 1Q 1H 1Q Forecasts Power & 4.1 7.6 3.2 5.4 Telecommunication 92.6 185.7 80.3 1
Slide 13: Power & Telecommunication Systems Company
Power & Telecommunication Systems Company Net sales in 1Q decreased due to the effects of exchange rate and falling of copper price on QoQ basis. Operating income decreased because of the effects of the exchange rate. Achievement rate of net sales in 1Q against the 1H forecast was 46%, which was
Slide 14: Electronics Business Company
Electronics Business Company Net Sales and operating income in 1Q decreased on QoQ due to the declining demand for smartphones. Achievement rate of net sales in 1Q against the 1H forecast was 33% and that of operating income was 2% due to seasonal factors. In 2Q, the demand for products for smar
Slide 15: Automotive Products Company
Automotive Products Company Without the effect of exchange rate, net sales and operating income in 1Q increased owing to the launching of new models and the effect of the reduction of fixed costs by structural reform Achievement rate of net sales in 1Q against the forecast for 1H was 54%, and th
Slide 16: Real Estate Business Company
Real Estate Business Company Revenue of leasing real estate properties continuously contribute to operating income. （Unit: Billion JPY） Net sales & Ratio of Operating Income to Net Sales Real Estate Business Ratio of Operating Income to Net Sales ■Stable rental revenues are continuously expected.
Slide 17: Special Notes
Special Notes: Statements in this presentation that relate to future results and events (including statements regarding Fujikura’s revenue and earnings guidance) are based on Fujikura’s current expectations. Actual results in future periods may differ materially from those currently expected because
Slide 18: Net Sales and Operating Income by Segment
【FY2016 1Q Financial Results Appendix】 Net Sales and Operating Income by Segment Net Sales Records and Forecasts by Segment Unit: Billion JPY FY2016 FY2015 FY2016 Forecast on May 10 Full 1Q 2Q 3Q 4Q 1H 2H 1Q 1H Est. Year Power Systems 52.8 54.3 54.7 50.9 107.1 105.6 212.7 45.1 102.4 Telecommunicatio