IBIDEN Co., Ltd.(4062)

Transcription

1 Financial s of FY214 IBIDEN Co., Ltd.(462) May 1,215 Page#1/16

2 s in this statement have been made based on the premise, prospect and plan of IBIDEN as of April 3, 215. Actual results may widely differ from this statement due to any uncertain factor such as international economy, market competition and exchange fluctuation. Page#2/16

3 [Consolidated] s of FY214 Page#3/16

4 of Net Sales and Income in Quarters of FY214 Net Sales (Unit: Billions of Yen) Income (Unit: Billions of Yen) PKG CSP income ratio (%) 4.8% % 11.4% % 4.9% % % % 3.% Total Electronics Net Sales disclosed on Feb 4 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY213 FY214 Re sult disclosed on Feb 4 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY213 FY214 Re sult Total Electronics Income Page#4/16

5 of Net Sales and Income in FY214 Net Sales (Unit: Billions of Yen) Income (Unit: Billions of Yen) Compared to the last year +2.5% shows % compared to the last year 3% +1% income ratio (%) 7.6% % Compared to the last year +11.1% 8.2% shows % compared to the last year +27% 25% Electronics FY213 disclosed on Feb 4 FY214 Total Net Sales +6% Exchange rate (USD) Exchange rate (EUR) FY213 disclosed on Feb 4 FY214 Total Electronics Income +33% Page#5/16

6 [Consolidated] s of FY215 Page#6/16

7 [Electronics] Market Trends Market of PC (PKG) Market of Smartphone / Tablet Market (CSP ) (Unit: 1 million units) by IBIDEN (Unit: 1 million units) by IBIDEN 14% PC Growth Rate 2% -4% -1% -2% -5% 84% 76% 52% Smartphone and Tablet Growth Rate 42% 24% 1% Tablet CY1 CY11 CY12 CY13 CY14 CY CY1 CY11 CY12 CY13 CY14 CY15 Smartphone (Low-end etc) Smartphone (High-end) Page#7/16

8 [Electronics] Business In Jan. 215, electronics operations were integrated to a single operation. Stabilize the profit structure by changing from a single operation pillar (PKG for PC) to 3 pillars (PKG, CSP and ) Net Sales Income Depreciation (Unit: Billions of Yen) (Unit: Billions of Yen) (Unit: Billions of Yen) Starting the new production line in Malaysia Plant (1 st building) Starting the new production line in Malaysia Plant (2 nd building) Page#8/16

9 [] Market Trends (Unit: Million Unit) Market of DPF Global diesel heavy duty cars market growth ratio 1% % 9% 33% *by IBIDEN 4% 4% (Unit: 1,ton) 45% 2% Market of Mats *by IBIDEN Non Expansion Mats market growth ratio 2% 7% 12% 6% Global diesel heavy duty cars* Expansion Mats EU diesel passenger cars CY1 CY11 CY12 CY13 CY14 CY15 *Include constructional/farm machineries. 1 DPF applied to the said machineries is counted as 3 DPFs applied to a passenger cars Non Expansion Mats CY1 CY11 CY12 CY13 CY14 CY15 Page#9/16

10 [] Business In FY 214, sales and operating income decreased due to the downsizing of DPF, and order drop of SCR, caused by the shift to Euro 6. In FY 215, cost will increase due to prior investment made for DPF for heavy duty cars. (Hungary, new plant in Mexico) From FY 216, DPF, SCR, and Mat business will expand in the heavy duty cars market. Net Sales Income Depreciation (Unit: Billions of Yen) (Unit: Billions of Yen) (Unit: Billions of Yen) Mats, DPF SCR Exchange rate (EUR) Page#1/16

11 Plan of Changes in Capital Expenditure and Depreciation Capital Expenditure (Unit: Billions of Yen) Depreciation (Unit: Billions of Yen) Ratio computed by Depreciation/Consolidated net sales 13% 14% 15% 12% 12% 14% % 13% 13% % 11% 11% Depreciation to net sales ratio excluding Plan Plan Page#11/16

12 Plan of Research and Development Cost of Research and Development (Unit: Billions of Yen) Sales amount ratio (%) 5.4% 5.3% 4.8% 4.8% 4.9% 4.8% Sales Ratio 5% Plan Page#12/16

13 of Net Sales and Income in the 2 nd half of FY215 Net Sales (Unit: Billions of Yen) Income (Unit: Billions of Yen) income ratio (%) 6.2% % % % st half of 2 nd half of 1 st half of 2 nd half of FY214 FY214 FY215 FY215 Total Electronics Net Sales st half of 2 nd half of 1 st half of 2 nd half of FY214 FY214 FY215 FY215 Total Electronics Income Exchange rate (USD) Exchange rate (EUR) Page#13/16

14 of Net Sales and Income in FY215 Net Sales (Unit: Billions of Yen) Income (Unit: Billions of Yen) Compared to FY % income ratio (%) Compared to FY % shows % compared to FY % 8.2% 8.2% shows % compared to FY % 6% % 22% FY213 FY214 FY215 Total Electronics Net Sales +1% FY213 FY214 FY215 Total Electronics Income +23% Exchange rate (USD) Exchange rate (EUR) Page#14/16

15 Dividend Policy Dividend per Share (Unit: JPY) Payout ratio (%) 187.8% 29.2% 4 4.3% 23.7% 25.3% 26.1% Payout ratio 3% Year-end dividend Interim dividend Plan Page#15/16

16 Mid-term Management Plan - Challenge IBI-TECHNO 15 Plan - Net Sales (Unit: Billions of Yen) income ratio (%) Restructure of business OPM 1% or more 16.3% % 7.8% 11.1% 5.2% 1.9% 7.6% 8.2% 8.2% FY7 FY8 FY9 FY16 FY17 Global IBI-TECHNO 1 Plan Challenge IBI-TECHNO 15 Plan Page#16/16