Kyocera Corporation · TSE:6971
Kyocera — H1 FY2009 Earnings Presentation
16 slides from Kyocera's earnings presentation, Nov 5, 2008
Slide 1: Kyocera Corporation Financial Presentation
Kyocera Corporation Financial Presentation (Six Months Ended September 30, 2008) MAKOTO KAWAMURA President and Representative Director November 5, 2008
Slide 2: Today's Presentation
Today’s Presentation Consolidated Consolidated Financial Financial Results Results Six SixMonths MonthsEnded EndedSeptember September30, 30,2008 2008 Consolidated Consolidated Financial Financial Forecast Forecast Year YearEnding EndingMarch March31, 31,2009 2009
Slide 3: Consolidated Financial Results
Consolidated Financial Results - Six months ended September 30, 2008 - (Unit: Yen in billions) Six months ended September 30, 2007 2008 % change Amount % of net sales Amount % of net sales Net sales 636.6 100.0 658.7 100.0 3.5 Profit from operations 67.8 10.7 62.2 9.4 - 8.2 Pre-tax income 81.5 12.8
Slide 4: Financial Summary of the First Half
Financial Summary of the First Half Net sales + 3.5% (¥ 22.2 billion) compared with the previous first half ・ Sales in the Telecommunications Equipment Group increased due to business acquisition from SANYO Electric Co., Ltd. ・ Sales in the Applied Ceramic Products Group were up due to production ex
Slide 5: Consolidated Financial Forecast
Consolidated Financial Forecast - Year Ending March 31, 2009 - (Unit: Yen in billions) Year ended March 31, Year ending March 31, 2009 2008 Previous forecast Revised forecast % (released in Apr. 2008) (released in Oct. 2008) % of net Change Amount sales % of net % of net Amount sales Amount sales Ne
Slide 6: Factors Behind Revision of Forecasts
Factors Behind Revision of Forecasts - Year ending March 31, 2009 - 1. Global economic recession ・ Weak sales in Christmas selling season in Europe and the United States, and slow growth in demand for high-value-added equipment ・ Slumping demand for document equipment 2. Change in assumed exchange r
Slide 7: Management Challenges in the Second Half
Management Challenges in the Second Half 1. 1. Secure Secureorders orderswith withaafocus focuson onbuoyant buoyantbusinesses: businesses: Solar Solarenergy energybusiness business 2. 2.Promote Promotecomprehensive comprehensivecost costcuts cutsand andreinforce reinforce corporate corporatestructur
Slide 8: Consolidated Sales and Operating Profit Forecast by Reporting Segment
Consolidated Sales and Operating Profit Forecast by Reporting Segment - Year ending March 31, 2009 - (Unit: Yen in millions) Sales Operating Profit Reporting segment Amount % of total Amount profit ratio (%) Fine Ceramic Parts Group 70,000 5.7 3,800 5.4 Semiconductor Parts Group 144,000 11.6 16,000
Slide 9: Challenges in Telecommunications Equipment Group
Challenges in Telecommunications Equipment Group Market Outlook North American Japanese Mobile Communication Mobile Phone Market Phone Market • Market will be driven by Systems Market • Demand will peak out due smartphone (Qwerty key), • New high-speed wireless to market saturation WCDMA communicati
Slide 10: Roadmap in Telecommunications Equipment Group
Roadmap in Telecommunications Equipment Group FY3/09 FY3/10 FY3/11～ FY3/12 From growth to saturation in mobile phone market Market Market Outlook Outlook Shakeout of handset makers Start of next-generation services Aim for 5 % operating profit ratio Common Common Start Cultivate Cultivate new new St
Slide 11: Challenges in Electronic Device Group
Challenges in Electronic Device Group Enhance Profitability of Capacitor Business ・ Secure orders Challenges Challenges ・ Strengthen price competitiveness ・ Expand highly profitable, distinctive products Business Business environment ・ Less components per unit due to drop in environment demand for h
Slide 12: Strategy in Capacitor Business
Strategy in Capacitor Business Secure Stable Profitability by Focusing on Areas of Specialty and Expanding Highly Profitable Products Line-up Expand highly profitable, distinctive Focus on areas of specialty in growing products: Develop products driven by markets: Specialize in compact products mate
Slide 13: Trend of Operating Profit in Applied Ceramic Products Group
Trend of Operating Profit in Applied Ceramic Products Group Operating 事業利益profit Operating 事業利益率 profit ratio (Yen in billion) （億円） （％） (%) 400 40 25 Solar energy business; substantial contribution for increase in profit 20 300 30 15 200 20 10 10 100 5 00 0 FY05/3 FY3/05 FY06/3 FY3/06 FY07/3 FY3/07
Slide 14: Future Development of Solar Energy Business
Future Development of Solar Energy Business Production volume (MW) Kyocera’s solar cell production plan 700 650MW Maintain and increase profit ratio by 600 expanding production volume and 550MW improving conversion efficiency 500 400MW 400 Market Outlook 300MW 300 Demand will increase on a global
Slide 15: Kyocera Group Initiatives
Kyocera Group Initiatives FY3/09 Initiatives Midium Term Initiatives Steadily Steadilysecure secureorders, orders,led ledby Reinforce by Reinforcebusiness businessfoundations foundations buoyant buoyantbusinesses businesses •• Ensure Ensureoptimum optimumallocation allocationofof management mana
Slide 16: 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.