Ube Corporation · TSE:4208
Ube — Ube Industries — Q1 FY2016 Earnings Presentation
19 slides from Ube's earnings presentation, Jul 29, 2016
Slide 1: Financial Results for the 1st Quarter FY2016
1 Financial Results for the 1st Quarter FY2016 July 29, 2016
Slide 2: Scope of Consolidation
2 Scope of Consolidation － Financial Results for the 1st Quarter FY2016 － End of FY2015 End of FY2016 1Q Change Item Notes (A) (B) （B) - （A) Number of consolidated 68 68 0 subsidiaries Number of equity method 25 25 0 affiliates Total 93 93 0
Slide 3: Environmental Factors
3 Environmental Factors － Financial Results for the 1st Quarter FY2016 － （Billion Yen） FY2015 1Q FY2016 1Q Change Item (A) (B) (B) - (A) Exchange Rate Yen/$ 121.4 108.3 -13.1 (CIF) $/ｔ 558 402 -156 Naphtha (Domestic) Yen/KL 48,900 32,600 -16,300 Material Price Benzene(ACP) $/ｔ 792 635 -157 Australia
Slide 4: Major P/L & B/S Items
4 Major P/L & B/S Items － Financial Results for the 1st Quarter FY2016 － (Billion Yen) FY2015 1Q FY2016 1Q Change Item (A) (B) (B) - (A) Net sales 161.3 138.0 -23.2 Operating income 9.5 1.6 -7.9 Ordinary income 9.9 0.8 -9.1 Profit attributable to owners of parent 6.3 0.1 -6.2 End of FY2015 End of FY
Slide 5: Net Sales by Segment
5 Net Sales by Segment － Financial Results for the 1st Quarter FY2016 － （Billion Yen） FY2015 1Q FY2016 1Q Change Segment Major Factors (A) (B) (B) - (A) Nylon/Caprolactam chain -10.2, Synthetic rubber -0.6, Chemicals 70.0 57.9 -12.1 Battery Materials and Fine Chemicals 0.3, Polyimide and Specialty P
Slide 6: Operating Income by Segment
6 Operating Income by Segment － Financial Results for the 1st Quarter FY2016 － （Billion Yen） FY2015 1Q FY2016 1Q Change Segment Major Factors (A) (B) (B) - (A) Nylon/Caprolactam chain -6.0, Synthetic rubber 0.2, Chemicals 3.5 -2.3 -5.8 Battery Materials and Fine Chemicals -0.7, Polyimide and Special
Slide 7: Analysis of Operating Income
7 Analysis of Operating Income － Financial Results for the 1st Quarter FY2016 － （Billion Yen） Operating Income Segment FY2015 1Q FY2016 1Q Change Sales Fixed Price Others Volume Cost (A) (B) (B) - (A) *1 *2 Chemicals 3.5 -2.3 -5.8 -2.9 -0.8 -2.9 0.7 Pharmaceutical -0.0 0.4 0.4 0.0 0.6 0.1 -0.3 Cemen
Slide 8: Non Operating Items
8 Non Operating Items － Financial Results for the 1st Quarter FY2016 － （Billion Yen） FY2015 1Q FY2016 1Q Change Item (A) (B) (B) - (A) Operating income 9.5 1.6 -7.9 Net interest expense -0.1 0.0 0.2 Non operating income Equity in earnings of unconsolidated subsidiaries 0.8 0.4 -0.4 and affiliated co
Slide 9: Extraordinary Items
9 Extraordinary Items － Financial Results for the 1st Quarter FY2016 － （Billion Yen） FY2015 1Q FY2016 1Q Change Item (A) (B) (B) - (A) Loss on disposal of PP&E -0.4 -0.3 0.0 -0.4 -0.3 0.0
Slide 10: Operating Income – Net Income
10 Operating Income – Net Income － Financial Results for the 1st Quarter FY2016 － （Billion Yen） FY2015 1Q FY2016 1Q Change Item (A) (B) (B) - (A) Operating income 9.5 1.6 -7.9 Non operating item 0.4 -0.7 -1.1 Ordinary income 9.9 0.8 -9.1 Extraordinary item -0.4 -0.3 0.0 Income before income tax and
Slide 11: Consolidated Balance Sheet
11 Consolidated Balance Sheet － Financial Results for the 1st Quarter FY2016 － （Billion Yen） End of FY2015 End of FY2016 1Q Change Item (A) (B) (B) - (A) Current assets 276.9 268.7 -8.1 Fixed assets 402.7 396.7 -6.0 Total assets 679.7 665.5 -14.2 Interest-bearing debts 216.6 215.7 -0.9 Other liabili
Slide 12: Consolidated Statements of Cash Flows
12 Consolidated Statements of Cash Flows － Financial Results for the 1st Quarter FY2016 － （Billion Yen） Item FY2015 1Q FY2016 1Q Depreciation and amortization 8.3, A.Cash flows from operating activities 20.0 17.0 Workig capital 10.3, B.Cash flows from investing activities -8.4 -6.8 Acquisition of PP
Slide 13: Appendix
13 Appendix
Slide 14: Reference: Progress of Major P/L & B/S Items
14 【Reference】 Progress of Major P/L & B/S Items － Financial Results for the 1st Quarter FY2016 － （Billion Yen） FY2015 (A) FY2016 (B) Change (B) - (A) Item 1Q 1Q (B) 1Q (Progress) (Progress) 161.3 138.0 Net Sales 641.7 655.0 13.3 -23.2 (25.1%) (21.1%) 9.5 1.6 Operating income 41.4 35.0 -6.4 -7.9 (23
Slide 15: Reference: FY2016 Changes in Results - Sales by Segment
15 【Reference】 FY2016 Changes in Results － Sales by Segment － (Billion Yen) FY2016 Full-year Progress Segment 1Q 2Q 3Q 4Q Total Forecast % Chemicals 57.9 - - - 57.9 278.0 20.8% Pharmaceutical 2.4 - - - 2.4 10.0 24.0% Cement & 53.8 - - - 53.8 238.0 22.6% Construction Materials Machinery 12.6 - - - 12
Slide 16: Reference: FY2016 Changes in Results - Operating Income by Segment
16 【Reference】 FY2016 FY2016 Changes in results Changes in Results － Operating Income - Operating Income by by Segment Segment -－ (Billion Yen) FY2016 Full-year Progress Segment 1Q 2Q 3Q 4Q Total Forecast % Chemicals -2.3 - - - -2.3 9.0 - Pharmaceutical 0.4 - - - 0.4 1.0 40.0% Cement & 2.9 - - - 2.9
Slide 17: Reference: Major Data
17 【Reference】 Major Data － Financial Results for the 1st Quarter FY2016 － (Billion Yen) FY2016 full-year Item FY2015 1Q FY2016 1Q FY2015 full-year Forecast Capital investment 5.8 9.0 48.0 34.4 Depreciation andamortization 8.8 8.3 35.0 35.5 R&D expense 3.3 3.3 14.5 13.7 Adjusted operating profit 10.
Slide 18: Reference: Major Subsidiaries
18 【Reference】 【Reference】 Major Subsidiaries Major Subsidiaries － -Financial Financial Results forthe Results for the 1st 1st Quarter QuarterFY2016 FY2016- － (Billion Yen) Operating Sales income Subsidiaries and Affiliates Business change from FY2016 1Q FY2015 1Q UBE CHEMICALS (ASIA) PUBLIC CO., LT
Slide 19: Forward-looking statements disclaimer
19 This presentation material contains forward-looking statements concerning UBEʼs future plans, strategies, and performance. These forward-looking statements are not historical facts; rather, they represent assumptions and beliefs based on economic, financial, and competitive date currently availab