JTEKT Corporation · TSE:6473

JTEKT — FY2012 Earnings Presentation

21 slides from JTEKT's earnings presentation, May 15, 2013

  1. Slide 1: Presentation for Fiscal Year Ending March 2013

    1 Presentation for Fiscal Year Ending March 2013 May 15,2013 JTEKT Corporation JTEKT Corporation

  2. Slide 2: 1. Results for Fiscal 2012 2. Forecasts for Fiscal 2013

    2 1. Results for Fiscal 2012 2.Forecasts for Fiscal 2013 JTEKT Corporation

  3. Slide 3: 1-1) Fiscal Data

    3 1-1) Fiscal Data Result for FY2012 (100 million yen) (%：Compaired with FY2012) Net Sales 10,675 (＋ 1 .4 %) Operating Income 291 (△18.2%) Ordinary Income 342 (△11.4%) Net Income 138 (＋ 4 .2 %) ・ Sales ↑ from Automotive sales increase. increase . ・ Income ↓ from Sales Price Down, Down , Prior Invest

  4. Slide 4: 1-2) Financial Data (i)

    4 1-2) Financial Data (i) (100 million Yen) Increse FY Real Increase FY2011 FY2012 /Decrease ( )：profit margin on sales /Decrease Unification Net Sales 10,526 10,675 ＋148 ＋911 ＋1,059 Operating Income (3.4%) 356 (2.7%) 291 △64 ＋34 △30 Ordinary Income (3.7%) 386 (3.2%) 342 △44 ＋36 △7 Net Income (1.3%)

  5. Slide 5: 1-2) Financial Data (ii)

    5 1-2） Financial Data (ii) Capital Expenditre： Expenditre ： R & D for Product Competitiveness and Better Product Proposal, Production Expansion in Developing Countries. (100 million yen) Increase Increase FY2011 FY2012 /Decrease /Decrease(%) Inventries 1,545 1,639 ＋93 ＋6.1% Interest- Bearing Debt 2,

  6. Slide 6: 1-3) Quarter Trend

    6 1-3） Quarter Trend （ 100 million yen ） Operating income rate 4.7% 4.0% 3.5% 2.7% 3.0% 2.9% 1.8% 1.4% 2,894 2,640 2,669 2,592 2,484 2,518 2,347 2,142 Sales 123 98 102 911 79 74 57 41 34 35 Operating Income 1Q'11 2Q'11 3Q'11 4Q'11 FY unification 1Q'12 2Q'12 3Q'12 4Q'12 impact JTEKT Corporation

  7. Slide 7: 1-4) Financial Result by product

    7 1-4） Financial Result by product ◇ ◇Mechanical Mechanical Components Components ・・Steering Steering Systems Systems ・・・ ・・・ Sales Sales increased increased in in all all Areas. Areas. ・・Driveline Driveline Components Components ・・・・・・ Sales Sales increased increased in in all all Areas Areas excep

  8. Slide 8: 1-5) Financial Result by product - Quarter Trend

    8 1-5） Financial Result by product - Quarter Trend Mechanical Mechanical (100 million yen ) Components Components 3.0% 3.7% 2.2% 3.0% 2.1% 1.7% 0.9% 0.4% Operating Income Rate 2,205 2,529 2,130 2,253 2,326 2,156 2,012 1,818 Sales 64 82 812 76 38 51 37 17 25 9 Operating Income 1Q'11 2Q'11 3Q'11 4Q'11

  9. Slide 9: 1-6) Net Sales by product - Quarter Trend

    9 1-6） Net Sales by product - Quarter Trend （ 100 million yen ） Steering Steering Systems Systems FY unification Bearings Bearings 4,437 ＋9.0% 4,837 3,391 △6.1% 3,184 514 239 1,349 995 1,120 1,192 1,157 1,137 831 769 815 818 771 853 846 961 734 740 1Q'11 2Q 3Q 4Q 1Q'12 2Q 3Q 4Q 11/1Q 2Q 3Q 4Q 12/1Q

  10. Slide 10: 1-7) Financial Result by Region (i)

    10 1-7） Financial Result by Region (i) (100 million yen) 2010 年度 2010年度 2011 年度 2011年度 Increase FY Real Increase FY2011 FY2012 増 減 額 増 減 額 Unification 増 減 額 第 2 四半期 第 2 四半期 /Decrease /Decrease 売 Net 上 高 Sales 2,480 5,220 2,363 5,419 △117 ＋198 △117 ― △117 ＋198 日 Japan 本 Operating 営income 業 利益 84 169

  11. Slide 11: 1-7) Financial Result by Region (ii)

    11 1-7） Financial Result by Region (ii) (100 million yen) Increase FY Real Increase FY2011 FY2012 /Decrease Unification /Decrease ア ジ ア ・ 売 Net 上 高 Sales 1,009 1,319 ＋310 ＋39 ＋349 Asia ・ Oceania オ セ ア ニ ア 営 Operating 業 利益 income 103 124 ＋20 ＋7 ＋28 売 Net 上 高 Sales 562 529 △33 ＋114 ＋80 中 China 国 Opera

  12. Slide 12: 1-8) Financial Result by Region - Quarter Trend (i)

    12 1-8） Financial Result by Region- Quarter Trend (i) Japan Japan （ 100 million yen ） 5.1% 5.1% 3.6% 3.3% Operating income rate 3.0% 2.3% 1.5% 1.8% 1,501 1,358 1,356 1,366 1,398 1,301 1,353 1,003 75 69 Sales 48 44 41 30 23 14 Operating 0 △0 income 1Q'11 2Q 3Q 4Q FY 1Q'12 2Q 3Q 4Q unification impact

  13. Slide 13: 1-8) Financial Result by Region - Quarter Trend (ii)

    13 1-8） Financial Result by Region- Quarter Trend (ii) （ 100 million yen ） Asia ・・Oceania Asia Oceania China China 16.6% 14.9% 12.7% 11.0% 12.2% 11.7% 10.4% 10.6% 9.1% 9.6% 11.1% 11.5% 7.2% 7.9% 5.9% 180 1.5% 376 318 320 138 281 304 120 120 121 277 108 114 233 99 88 177 20 34 32 33 18 15 25 31 29 29

  14. Slide 14: 1-9) Operating Income Change Analysis

    14 1-9） Operating Income Change Analysis FY Unification Impact 34Bllion yen Operating Income △30 （ 100 million yen ） 356 Negative impact △259 Positive impact ＋229 ＋87 ＋136 321 △135 △14 291 △47 ＋6 △63 Exclude foreign exchange impact FY FY Income rise in Fall in selling mate rial pric e improvement sa

  15. Slide 15: 1-10) Dividends

    15 1-10） Dividends （ yen per share ） Interim Interim Dividend： Dividend：：7yen Dividend Dividend： 7yen Annual Annual Dividend： Dividend：：16yen Dividend Dividend： 16yen 24yen Annual Dividend (17.7%) (Dividend Payout Ratio) 17yen 16yen 16yen 16yen (―) 13 (26.9%) (41.1%) (39.5%) 11yen 6 (―) Year-end 9 9

  16. Slide 16: 1. Results for Fiscal 2012 2. Forecasts for Fiscal 2013

    16 1. Results for Fiscal 2012 2.Forecasts for Fiscal 2013 JTEKT Corporation

  17. Slide 17: 2-1) External Environment

    17 2-1） External Environment Europe Economy slow down due to the Sovereign- Europe Sovereign-Dept crisis in Europe Firm Growth in Developing Countries Firm Export Environment change by Weaker Yen Export JTEKT Corporation

  18. Slide 18: 2-2) Financial Data

    18 2-2） Financial Data Sales … Increase from FY2012 Income … Increase due to Exchange Rates, Rates, Cost improvement. improvement. (100 million yen) 年度 2011年度 2011 年度 年度 2012年度 2012 年度 Increase 対対前前 年 同期期 Increase 2010年度 FY2012 2010 2011年度 FY2013 2011 増 減 /Decrease(%) ( )：profit margin on sales 第 2

  19. Slide 19: 2-3) Net Sales by Product

    19 2-3） Net Sales by Product （ 100 million yen ） Increase Increase 年度 2011年度 2010年度 FY2012 2010 2011 FY2013 FY 年度 2012年度 2011年度 2011 20122013 増 減 額 /Decrease /Decrease(%) Steering Steering ＋352 ＋5 Mechanical Components ステ アリ ング 4,437 3,875 4,837 5,190 3,880 4,680 242 ＋7.3% 機 Systems 械 器 ベ Bearings ア

  20. Slide 20: 2-4) Net Sales by Region

    20 2-4） Net Sales by Region （ 100 million yen ） Increase Increase 年度 2010年度 FY2012 2010 年度 2011年度 FY2013 2011 増 減 額 /Decrease /Decrease(%) 日 Japan 本 5,419 5,001 5,210 5,040 △209 ＋39 △3.9% 欧 Europe 州 1,393 1,430 1,530 1,470 ＋136 ＋40 ＋9.8% 北 North America 米 1,836 1,461 2,115 1,400 ＋278 △61 ＋15.2% ｱAsi

  21. Slide 21: 2-5) Operating Income Change Analysis

    21 2-5） Operating Income change Analysis Operating Income +68 （ 100 million yen ） Negative impact △125 Positive impact ＋193 ＋81 ＋42 △95 360 291 △30 ＋70 Exclude foreign exchange impact FY material price Income rise in FY Fall in selling improvement sales growth Rise in raw price level exchange Foreig

JTEKT — FY2012 Earnings Presentation on 6ix