Consolidated Financial Highlights

Transcription

1 Disclaimer Regarding Forward-looking Statements Any statements in this document, other than those of historical fact, are forward-looking statements about the future performance of Eizo and its group companies, which are based on management s assumptions and beliefs in light of information currently available, and involve risks and uncertainties. Actual results may differ materially from these forecasts. Note1: 10F appearing in this presentation means Fiscal year 2010, that is Fiscal year ended Mar. 31, Note2: Sales segment is changed from market segment (based on our estimation) to product segment in this presentation. According to the above article, sales for the previous fiscal years are reclassified by segment concerned. (6737)

2 1. Consolidated Statements of Income 09F 10F 09F to 10F change 11F Forecast (Millions of yen) 10F to 11F change Net Sales 77,525 65,204-12,321 61,000-4,204 Cost of Goods Sold 55, , ,934 45, ,418 Gross Profit 21, , ,386 15, ,785 Selling, general and administrative expenses 12, , , Operating Income 9, , ,875 2, ,150 Ordinary Income 9, , ,830 2, ,258 Extraordinary profit & loss , , ,014 Income before income taxes 8, , ,339 2, ,273 Net Income 4, , ,380 1,200-2,347 Note1: Including refund for EU customs duty (1,114 millions of yen). Note2: Exchange rate in 11F Forecast, JPY85/USD, JPY110/EUR. 1

3 2. Forecast for 11F 11F1 Forecast 11F2 Forecast (Millions of yen) 11F Forecast Net sales 26,000 35,000 61,000 Operating Income - 1, , , Ordinary Income - 1, , , Net income , ,200 Net sales by products Monitors for computer use 16, , , Amusement monitors 5, , , Others 3, , ,300 1 Total 26,000 35,000 61,000 2

4 3. Net Sales by Products Monitors for Computer use Amusement monitors Others % % % % F 08F 09F 10F 11F Forecast 3

5 4. Net Sales by Products (Computer use) Japan Overseas % % + 4.3% % % % % % % % % % F 08F 09F 10F 11F Forecast 4

6 Japan Net Sales by Products (Computer use) Overseas % - General use % % % % % % -5.9% % % % % F 08F 09F 10F 11F Forecast Note: General use For general company, education channel, personal use 5

7 Japan 4. Net Sales by Products (Computer use) Overseas - Specific use % % % % % % % % % % + 9.4% % F 08F 09F 10F 11F Forecast Note: Specific use For Medical, Graphic arts, Industrial, Air traffic control (ATC) use 6

8 4. Net Sales by Products (Amusement Monitors) % +35.1% SANYO BUSSAN CO.,LTD % % F 08F 09F 10F 11F Forecast 7

9 5. Operating Income 10.0 ROA ROE EBITDA (Billions of yen) Operating Income Operating Income/Net sales 11.6% 9.5% 7.9% 5.8% % 07F 08F 09F 10F 11F 11F Forecast Plan % 1% 10.0% 8.0% 6.0% 4.0% % 0.0% ROA: Ordinary Income/Total Assets ROE:Net Income/ Shareholders Equity EBITDA: Income before income taxes, Interest payable, Depreciation and Amortization, Impairment losses 8

10 6. Selling, General and Administrative Expenses R&D Intangible amortization Personnel Others SG&A/Net sales % * % * % % 22.3% % 20.0% 15.0% 10.0% 5.0% F 08F 09F 10F 11F Forecast *1 07F:Including amortization of Technology & Software (JPY 1.3 billion), a part of purchase price of Siemens Medical Monitor Business according to Japanese GAAP. *2 08F:Including lump-sum amortization of goodwill(jpy 0.3 billion), acquired monitor business from eg-electronic GmbH %

11 7. R&D 6.0 R&D R&D/Net sales 8.9% 10.0% % 7.1% 6.1% 8.0% 8.0% 6.0% % 1.0 % F 08F 09F 10F 11F Forecast 0.0% Note 07F: Excluding amortization of Technology & Software (JPY 1.3 billion), a part of purchase price of Siemens Medical Monitor Business according to Japanese GAAP. 10

12 8. CAPEX CAPEX Molding Investment Depreciation Depreciation for Molding F 08F 09F 10F 11F Forecast 11

13 9. Consolidated Balance Sheets Millions of yen 09F 10F Increase / Decrease Cash and equivalents 4, , ,552 Notes and accounts receivable 15, , ,646 Inventories 11, , ,943 Others 19, , ,188 Current Assets 50, , ,660 Tangible Assets 9, , Others 14, , Fixed Assets 24, , Total 75,369 77, ,063 Accounts payable 7, , Current liabilities 14, , ,238 Long term liabilities 4, , Shareholders Equity 56, , ,725 Total 75,369 77, ,063 12

14 10. Dividend JPY / Share 229.7% Year-end Dividend Interim Dividend Dividend Payout Ratio(Consolidated base) 41.0% 93.0% Annual Dividend 31.5% 14.4% 11.3% 9.5% % 17.5% % F 03F 04F 05F 06F 07F 08F 09F 10F 11F Forecast 13