Thk Co., Ltd. · TSE:6481

Thk — 1H FY2015 Earnings Presentation

23 slides from Thk's earnings presentation, Nov 13, 2015

  1. Slide 1: Interim Financial Results Briefing

    INTERIM FINANCIAL RESULTS BRIEFING November 13rd 2015 THK CO., LTD. President & CEO AKIHIRO TERAMACHI This presentation material contains forward looking statements that reflect the Company’s business plans, performance projections, and management strategy. Such statements are based on information c

  2. Slide 2: Contents

    Contents Ⅰ. Financial Results for 1st Half of Fiscal 2015 Ⅱ. Financial Forecast for Fiscal 2015 Ⅲ. About Our Strategy Copyright THK CO., LTD. 2015. All rights reserved.

  3. Slide 3: Financial Results for 1st Half of Fiscal 2015

    Ⅰ. Financial Results for 1st Half of Fiscal 2015 Copyright THK CO., LTD. 2015. All rights reserved.

  4. Slide 4: Financial Highlights

    Financial Highlights *Geographic sales is based on Net sales increased 5.6% year on year to 112.1 billion yen where our customers are located. In Japan, demands for small machine tools and electronics-related products, which had been so far strong, decreased, and the domestic sales decreased compare

  5. Slide 5: Trend in Net Sales

    Trend in Net Sales 111,471 112,186 106,207 Asia and other | Y/Y Up 15.2% Asia and other *China ( Industrial Equipment) Up 18.9% 89,099 96,366 26,085 *Taiwan Up 19.3% 26,395 millions of yen 22,917 *Singapore Down 22.9% 19,180 Europe 17,904 10,049 10,968 Europe | Y/Y Up 5.4% 10,407 9,713 *Machine tool

  6. Slide 6: [Reference] Operating Income - Cause of Change -

    [Reference] Operating Income - Cause of Change - +0.7 +0.3 +0.4 ( 2.1) ( 1.1 ) Japan 11,432 million The Americas 1,075 million 14.3 12.4 Europe Billions Billions 468 billion of yen of yen China ( 87 ) million Other 845 million Adjustments ( 1,245 ) million 前 1H FY2014 数 Effect 為 Foreign 変 in Change

  7. Slide 7: Assets, Liabilities and Net Assets

    Assets, Liabilities and Net Assets Total Assets 410,695 millions of yen Up ¥ 37,084 million from previous period Cash and Cash in Account | Y/Y : Down ¥ 27,287 million Current Assets Liabilities Current Liabilities | Y/Y : Up ¥ 32,367 million ■Accounts Payable | Y/Y : Up ¥ 10,356 million Cash Flows

  8. Slide 8: Financial Forecast for Fiscal 2015

    Ⅱ. Financial Forecast for Fiscal 2015 Copyright THK CO., LTD. 2015. All rights reserved.

  9. Slide 9: Orders Received by Region

    Orders Received by Region THK Holdings of America THK Europe 前年同期比、100 万ドル Y/Y, millions of dollar 前年同期比、100 Y/Y, millions 万ユーロ of Euro 80 14.6 22.4 80 5.6 9.7 6.7 5.0 3.3 9.2 15.8 7.0 9.1 20.7 16.4 (0.3) 1.6 (0.4) 2.4 0.2 1.0 (1.6) (7.6) (7.5) 60 60 40 40 20 20 0 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-

  10. Slide 10: Short-Term Basis: Cost Control

    Short-Term Basis : Cost Control FY2015(E) Fixed Cost (Y/Y) Cost Control Control of investments for increase of production Improvement of efficiency of various +7.1 fixed cost in global-level Review of various expenses billions of yen Continuation of Investments for the future growth +3.0 Promotion o

  11. Slide 11: Financial Forecast (Consolidated)

    Financial Forecast (Consolidated) (Millions of yen) 2016/3 2015/3 FY Revised FY May 1H Results FY Results Nov. Forecast Forecast Net Sales 215,000 240,000 112,186 217,678 Y/Y -1.2％ +10.3％ +5.6％ +17.4％ Operating Income 21,000 32,000 12,488 28,388 Y/Y -26.0％ +12.7％ -12.7％ +63.4％ Ordinary 19,600 34,100

  12. Slide 12: Financial Forecast (Unconsolidated)

    Financial Forecast (Unconsolidated) (Millions of yen) 2016/3 2015/3 FY Revised FY May 1H Results FY Results Nov. Forecast Forecast Net Sales 120,300 143,000 64,333 132,786 Y/Y -9.4％ +7.7％ +0.1％ +18.7％ Domestic 85,000 94,800 44,100 90,081 Y/Y -5.6％ +5.2％ -1.4％ +17.9％ Operating Income 15,700 22,000 9,

  13. Slide 13: About Our Strategy

    Ⅲ. About Our Strategy Copyright THK CO., LTD. 2015. All rights reserved.

  14. Slide 14: About Our Strategy

    About Our Strategy Full-Scale Globalization Development of New Business Areas Two strategic axes for achievement of long-term management target Major Middle-Term Measures Improvement of Potential for Growth Re-establish sales strategy Develop the consumer goods domain on Expand sales for automotive

  15. Slide 15: Enhancement of Sales Network

    Enhancement of Sales Network Europe Asia and other The Americas Sales Bases 12 Sales Bases 59 Sales Bases 9 Production Bases 4 Production Bases 12 Production Bases 7 Development Bases 1 Development Bases 1 The most important area of enhancement of Sales Network Sales Bases Production Bases Expand of

  16. Slide 16: Enhancement of Sales Network: China, India, ASEAN

    Enhancement of Sales Network Sales Bases Production Bases China India October 2015 Delhi office opened Sales Bases 36 Delhi Office Production Bases 5 Development Bases 1 ASEAN Sales Bases 2 Production Bases 3 Sales networks ASEAN Customer Support Support Japanese companies to expand into local in Ja

  17. Slide 17: Enhancement of the Global Manufacturing Structure

    Enhancement of the Global Manufacturing Structure Europe The Americas THK RHYTHM AUTOMOTIVE THK RHYTHM AUTOMOTIVE THK RHYTHM AUTOMOTIVE GmbH (DEU) CZECH (CZE) MICHIGAN (USA) THK RHYTHM AUTOMOTIVE CANADA (CAN) DALIAN THK Transfer & Expansion Start of operation in February, 2015 THK Manufacturing THK

  18. Slide 18: Develop the Consumer Goods Domain on a Company-wide Level

    Develop the Consumer Goods Domain on a Company-wide Level Aircraft Medical equipment Table sliding system Surgical robot Reclining Seats Control stick ＣＴ scanner Linear Motion Robots Core Technology Renewable Energy Hydroelectric generator Robot Hand Solar light generators Support robot used in plan

  19. Slide 19: Seismic Isolation and Damping System

    Develop the Consumer Goods Domain on a Company-wide Level : Seismic Isolation and Damping System Seismic isolation and Seismic Isolation damping system for Seismic Isolation and Platforms Table housing and other Damping for Building 1% Seismic Isolation Platforms Table 21% Orders Up 22% from previou

  20. Slide 20: Expansion of Sales of Automotive Parts

    Expansion of Sales of Automotive Parts THK RHYTHM THK RHYTHM AUTOMOTIVE ・Supply system Establishment of Global-level Business Base ・Mass production technology ・Quality assurance THK RHYTHM AUTOMOTIVE MICHIGAN (USA) THK RHYTHM AUTOMOTIVE CANADA (CAN) system ・Development capabilities THK RHYTHM AUTOMO

  21. Slide 21: Trends in COGS and SG&A

    Trends in COGS and SG&A COGS COGS ratio 71.7% 71.3% 68.9% 69.5% 69.4% Sales-cost ratio increased by 0.5 points Y/Y ・Increase of fixed cost due to investments for the future growth 63,859 73,205 77,448 77,804 68,702 Millions of yen 1H 2H 1H 2H 1H 2014/3 2015/3 2016/3 SG&A Other | Y/Y : up ¥ 2,005 mil

  22. Slide 22: Trends in Orders, Sales and Backlog (Domestic)

    Support Statement –Trends in Orders, Sales and Backlog (Domestic – Unconsolidated) - (Millions of yen) 30,000 Orders Sales Backlog 25,000 20,000 15,000 10,000 5,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6

  23. Slide 23: Trends in Orders Classified by Industry

    Support Statement –Trends in Orders Classified by Industry (Unconsolidated)– (Millions of yen) 7,000 Machine tool General Machinery 6,000 Electronics 5,000 4,000 3,000 2,000 1,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-

THK — 1H FY2015 Earnings Presentation on 6ix