Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — FY2015 Earnings Presentation
14 slides from Nippon Chemi-Con's earnings presentation, May 12, 2016
Slide 1: Presentation Material, Fiscal Year Ended March 31, 2016
Presentation Material Fiscal Year Ended March 31, 2016 Nippon Chemi-Con Corporation May 12, 2016 1
Slide 2: FY2015 Financial Results Summary
FY2015 FY2015 Changes FY2014 FY2015 YoY 1H 2H from 1H Full Year Full Year Changes Net sales 60,623 57,791 (2,832) 123,365 118,414 (4,951) (4.7%) (4.0%) Operating income (loss) 2,245 (66) (2,311) 5,122 2,179 (2,943) Operating income margin 3.7％ (0.1％) － 4.2% 1.8% (57.5%) Ordinary income (loss) 1,620
Slide 3: Net Sales by Product
FY2015 FY2015 Changes FY2014 FY2015 YoY 1H 2H from 1H Full Year Full Year Changes Aluminum Electrolytic 52,095 48,599 (3,496) 104,195 100,694 (3,501) Capacitors 85.9% 84.1% (6.7％ ％) 84.5% 85.0% (3.4％ ％) (Conductive Polymer 5,043 5,258 +215 10,404 10,301 (103) Aluminum Solid Capacitors) 8.3% 9.1% +4.
Slide 4: Sales Composition FY2014 vs FY2015
100% 90% 21% 24% 80% 10% 70% 10% 10% 60% 10% 50% 40% 44% 45% 30% 20% 10% 12% 13% 0% FY2014 FY2015 Nippon Chemi-Con Corporation May 12, 2016 4
Slide 5: Sales Composition FY2014 vs FY2015
100% 90% 24% 26% 80% 70% 60% 27% 23% 50% 3% 3% 9% 9% 40% 30% 30% 31% 20% 10% 7% 8% 0% FY2014 FY2015 Nippon Chemi-Con Corporation May 12, 2016 5
Slide 6: Cash Flows
15,000 12,161 10,730 10,970 10,541 10,000 8,092 6,461 4,651 5,000 1,820 0 (2,274) (1,620) (2,878) -5,000 (4,269) (6,925) Cash flows from operating activities -10,000 (11,131) Cash flows from investing activities Free cash flow -15,000 (12,951) FY2011 FY2012 FY2013 FY2014 FY2015 Nippon Chemi-Con Corp
Slide 7: Business Policies for FY2016
■ Business Policies for FY2016 Fundamental Strategy Nippon Chemi-Con Corporation May 12, 2016 7
Slide 8: Business Policies for FY2016
■ Business Policies for FY2016 Nippon Chemi-Con Corporation May 12, 2016 8
Slide 9: Long-term goals
■ Business Policies for FY2016 Long-term goals (Million Yen) ICT Vehicle-mounted Power Electronics New Materials for Capacitors, Materials for New Business FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY202X 7th Medium-term 8th Medium-term 9th Medium-term Nippon Chemi-Con Corporation May 12, 201
Slide 10: FY2016 Forecast
FY2015 (Results) FY2016 (Forecast) Change Change (Amount) (YoY) (%) Net sales 118,414 112,000 (6,414) (5.4%) Operating income 2,179 2,600 +421 +19.3% Operating income margin 1.8% 2.3% Ordinary income 1,165 2,400 +1,235 +106.0% Ordinary income margin 1.0% 2.1% Net income attributable to owners of the
Slide 11: Net Sales and Operating Income Forecast by Half
75.0 5.0% 60.6 57.8 60.0 56.0 56.0 4.0% 3.7% 45.0 3.0% 2.5% 30.0 2.0% 2.1% 15.0 1.0% 2.2 1.2 1.4 0.0 0.0% -0.1 -0.1% Net sales Operating income Operating income margin -15.0 -1.0% FY2015 1H FY2015 2H FY2016 1H FY2016 2H (Forecast) (Forecast) Nippon Chemi-Con Corporation May 12, 2016 11
Slide 12: FY2016 Forecast Net Sales by Product
FY2015 (Results) FY2016 (Forecast) Change (Amount) Change (YoY)(%) Aluminum Electrolytic Capacitors 100,694 94,300 (6,394) (6.3%) 85.0% 84.2% (Conductive Polymer Aluminum Solid Capacitors) 10,301 9,400 (901) (8.7%) 8.7% 8.4% DLCAP™ 3,931 4,100 +169 +4.3% 3.3% 3.7% Other Capacitors 3,615 3,200 (415)
Slide 13: Sales Composition FY2015 vs FY2016 Forecast
100% 26% 28% 80% 60% 23% 21% 3% 3% 9% 10% 40% 31% 30% 20% 8% 8% 0% FY2015 FY2016(Forecast) Nippon Chemi-Con Corporation May 12, 2016 13
Slide 14: Note
〔Note〕 The projected performance figures in this material are based on information available to Nippon Chemi-Con’s management at the time this material was prepared. There are many uncertain factors inherent in forecasting, and there might be cases in which actual results differ from forecast values