Kyocera Corporation · TSE:6971
Kyocera — FY2009 Earnings Presentation
19 slides from Kyocera's earnings presentation, Apr 28, 2009
Slide 1: Kyocera Corporation Financial Presentation
April 28, 2009 Kyocera Corporation Financial Presentation (Year Ended March 31, 2009) Tetsuo Kuba President and Representative Director
Slide 2: Today's Presentation
Today’s Presentation 1. 1. Consolidated Consolidated Financial Financial Results Results (Year (Yearended endedMarch March31, 31,2009) 2009) 2. 2. Consolidated Consolidated Financial Financial Forecast Forecast (Year (Yearending endingMarch March31, 31,2010) 2010)
Slide 3: Consolidated Financial Results
Consolidated Financial Results - Year ended March 31, 2009 - (Unit: Yen in billions) Year ended March 31, Year ended March 31, 2008 2009 % change Amount % of net sales Amount % of net sales Net sales 1,290.4 100.0 1,128.6 100.0 -12.5 Profit from operations 152.4 11.8 43.4 3.8 -71.5 Pre-tax income 17
Slide 4: Consolidated Net Sales and Pre-tax Income by Reporting Segment of FY3/2009
Consolidated Net Sales and Pre-tax Income by Reporting Segment of FY3/2009 - Compared with FY3/2008 - (Unit: Yen in billions) Net sales Fine Ceramic Semiconductor Applied Electronic Telecommu- Information Others Adjustments Parts Group Parts Group Ceramic Device nications Equipment and FY3/08 Produc
Slide 5: Summary for FY3/2009 (1)
Summary for FY3/2009 (1) 1. Impact of sharp decline in demand Components Business (1) Production cutbacks and inventory adjustments by digital Decline in components business, consumer equipment manufacturers except solar energy business (2) Slowdown in automobile-related markets Equipment Business (
Slide 6: Summary for FY3/2009 (2)
Summary for FY3/2009 (2) 4. Recorded one-time gain and losses (1) One-time gain - Sale of real estate ¥ 10.5 billion Impact on pre-tax income: (2) One-time losses ¥ -10.0 billion - Devaluation of various assets ¥ -16.0 billion - Business reorganization costs ¥ -4.5 billion 5. Executed strategic inve
Slide 7: Consolidated Financial Forecast (Year ending March 31, 2010)
2. 2. Consolidated Consolidated Financial Financial Forecast Forecast (Year (Yearending endingMarch March31, 31,2010) 2010)
Slide 8: Forecast for Production Volume of Key Electronic Equipment in CY2009
Forecast for Production Volume of Key Electronic Equipment in CY2009 (Millions of units) 1,400 350 Mobile Phone Handsets 1,258 PCs 290 1,200 300 1,000 250 800 200 -10% -10% -10% 600 150 -10% 400 100 200 50 0 0 CY 04 05 06 07 08 09 Forecast CY 04 05 06 07 08 09 Forecast 140 140 Digital Cameras 125 Fl
Slide 9: Consolidated Financial Forecast
Consolidated Financial Forecast - Year ending March 31, 2010 - (Unit: Yen in billions) Year ended March 31, Year ending March 31, 2009 2010 % change Amount % of net sales Amount % of net sales Net sales 1,128.6 100.0 1,040.0 100.0 -7.8 Profit from operations 43.4 3.8 44.0 4.2 1.3 Pre-tax income 56.0
Slide 10: Outlook and Challenges by Reporting Segment for FY3/2010 (1)
Outlook and Challenges by Reporting Segment for FY3/2010 (1) Fine Ceramic Parts Group Semiconductor Parts Group FY3/10 YoY FY3/10 YoY (Yen in billions) (Yen in billions) forecast change forecast change Sales 50.0 -11.7 Sales 110.0 -25.1 Operating profit 0.0 0.2 Operating profit 4.0 -4.7 Outlook Outl
Slide 11: Outlook and Challenges by Reporting Segment for FY3/2010 (2)
Outlook and Challenges by Reporting Segment for FY3/2010 (2) Applied Ceramic Products Group Electronic Device Group FY3/10 YoY FY3/10 YoY (Yen in billions) (Yen in billions) forecast change forecast change Sales 158.0 9.1 Sales 185.0 -46.3 Operating profit 18.0 -9.5 Operating profit 2.0 6.1 Outlook
Slide 12: Outlook and Challenges by Reporting Segment for FY3/2010 (3)
Outlook and Challenges by Reporting Segment for FY3/2010 (3) Telecommunications Equipment Group Information Equipment Group FY3/10 YoY FY3/10 YoY (Yen in billions) (Yen in billions) forecast change forecast change Sales 200.0 -18.8 Sales 234.0 4.7 Operating profit -6.0 11.7 Operating profit 11.0 -2.
Slide 13: Major Challenges
Major Challenges - Year ending March 31, 2010 - 1.1.Improve Improveprofitability profitabilityin inthe theTelecommunications TelecommunicationsEquipment EquipmentGroup Group 2.2.Expand Expandbusiness businessin inthe theenvironment environmentand andenergy energymarket market 3.3.Implement Implement
Slide 14: Improve Profitability in the Telecommunications Equipment Group
Improve Profitability in the Telecommunications Equipment Group Pursue Pursuesynergies synergies ［Emphasized categories］ ［New structures］ ［Target］ Integrated Integrateddevelopment ••No development Nooverlap overlapin inR&D R&Dand andother other Improve resources costs Improveprofitability R&D resour
Slide 15: Business Development in Environment and Energy Markets - Solar Energy Business
Business Development in Environment and Energy Markets - Solar Energy Business - Global Market Outlook for Solar Cells (MW) [Kyocera forecasts] 8,000 Europe U.S. 6,000 1) Strengthen product development and cost Japan competitiveness through advanced 4,000 Asia & production technology Others 2,000 •
Slide 16: Implement Measures to Improve Profitability
Implement Measures to Improve Profitability 1. 1.Reduce Reducedepreciation depreciationin inFY3/2010 FY3/2010by by¥16 ¥16billion billionyear yearon onyear year Substantial cut back Reduce depreciation capital expenditures (Billions of yen) (Billions of yen) 100 85.1 100 83.8 75.6 63.1 68.0 75 75 43.
Slide 17: Kyocera Group Management Policy
Kyocera Group Management Policy Be Be““a a creative creativecompany companythat thatcontinues continuesto togrow” grow” Establish highly profitable structure Expand business in core markets Information and Environment and telecommunications energy Strengthen Pursue Bolster Bolsterdevelopment develop
Slide 18: 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 19: The New Value Frontier
THE NEW VALUE FRONTIER tt KYOCERA