Consolidated Financial Highlights. Fiscal Year Ended Mar 31, 2006

Transcription

1 Consolidated Financial Highlights Fiscal Year Ended Mar 31, 2006

2 Table of Contents 1. Consolidated Statements of Income 2. Consolidated Balance Sheets 3. Selling, general and administrative expenses 4. Consolidated Statements of Cash Flows 5. Consolidated Financial Highlights 6. Net Sales 7. Net Sales by Products 8. Net Sales by Products () 9. Net Sales (LCD Monitors) 10. Net Sales (Amusement Monitors) 11. Net Sales (LCD-TV) 12. Direct Sales 13. Ordinary Income 14. Selling, general and administrative expenses 15. R&D expenses 16. CAPEX 17. Plans for FY Dividend Notes: U.S. dollar amounts are translated from yen at the rate of U.S.$1= , the exchange rate on the Tokyo Foreign Exchange Market as of March 31, 2006, solely for the convenience of the reader. 0

3 1. Consolidated Statements of Income (millions of JPY ) 04F 04F to change Amount Amount Amount Thousands of USD Net Sales 91,094 85,057 (6,036) (6.6) 724,012 Cost of Sales 70, , (8,068) (11.5) 528,251 Gross Profit 20, , , ,752 Selling, general and administrative expenses 10, , ,637 Operating Income 10, , , ,115 Ordinary Income 10, , , ,974 Extraordinary profit & loss (35) (43.2) 400 Income before income taxes 10, , , ,374 Net Income 6, , ,772 1

4 2. Consolidated Balance Sheets (millions of JPY) 04F Increase over 04F Amount Amount Thousands of USD Cash and equivalents 11, , , ,749 Notes and accounts receivable 17, , (5,065) 105,439 Inventories 7, , , ,219 Others 9, , ,741 Current Assets 45, , , ,158 Tangible Assets 6, , ,351 Others 13, , , ,390 Fixed Assets 20, , , ,749 Total 65,868 74,590 8, ,916 Notes and accounts payable 13, , (854) 103,855 Current liabilities 20, , (545) 167,305 Long term liabilities 4, , ,196 45,207 Shareholders Equity 41, , , ,395 Total 65,868 74,590 8, ,916 2

5 3. Selling, general and administrative expenses (millions of JPY) 04F 04F to Thousands of USD Amounts Amounts Personnel Costs 2, , ,455 R&D Expenses 2, , ,987 Advertising Expenses 1, , ,151 Others 3, , (3.9) 29,026 Total 10, , ,637 Net Sales 91,094 85, ,012 3

6 4. Consolidated Statements of Cash Flows (millions of JPY) 04F 04F to Thousands of USD Net Income before tax and depreciation 11,693 13,327 1, ,440 Tax Payment (5,636) (4,045) 1,590 (34,431) Other Operating Cash Flows (3,429) (1,020) 2,408 (8,682) Operating Activities 2,628 8,262 5,633 70,326 Investment(Fixed Assets) (1,700) (1,728) (27) (14,708) Other Investing Activities (3,643) (74) 3,569 (629) Investing Activities (5,344) (1,803) 3,541 (15,347) Dividend payment (790) (1,137) (347) (9,678) Other Financing Activities (143) (2) 141 (17) Financing Activities (934) (1,139) (205) (9,695) Net Increase(Decrease) (3,635) 5,335 8,970 45,411 4

7 5. Consolidated Financial Highlights Net Sales Ordinary Income Ordinary Income/ Net Sales ROA ROE EPS: Consolidated base(unit:yen) EPS: Non-consolidated base(unit:yen) 04F 91,094 10, % 15.0 % 16.4 % ,057 11, % 17.1 % 15.9 % F to (6.6 %) 15.8 % 2.7 p. 2.0 p. (0.5 p.) Thousands of USD 724, ,974 (Unit:USD) (millions of JPY) Forecast of 06F 100,000 10,000 1% Dividend per share(unit:yen) Dividend payout ratio : Consolidated based Dividend payout ratio : Non-Consolidated based % 14.7 % (Plan) % 17.2 % p. 2.5 p. (Unit:USD) % 23.9 % ROA:Ordinary Income/Total Assets ROE:Net Income/ Shareholders Equity EPS:Net Income per share 5

8 6. Net Sales (billions of JPY) 8 3-year Business Plan Actual & Forecast (6.6%) 17.6% F 03F 04F 06F 06F 6

9 7. Net Sales by Products (millions of JPY) 04F Product Amount Amount 04F to Monitors for Computer use (LCD Monitors and CRT Monitors) 36, , (1.0) Amusement Monitors 48, , (10.5) Others 5, , (9.6) Total 91,094 85,057 (6.6) 7

10 8. Net Sales by Products () 6 CRT Monitors LCD Monitors Amusement Monitors Others (billions of JPY) F 02F 03F 04F 06F 8

11 9. Net Sales (LCD Monitors) (billions of JPY) year Business Plan Actual & Forecast (0.1%) 27.6% F 03F 04F 06F 06F 9

12 10. Net Sales (Amusement Monitors) 6 3-year Business Plan Actual & Forecast (billions of JPY) 5 4 (10.5%) 7.1% F 03F 04F 06F 06F 10

13 11. Net Sales (LCD-TV) (millions of JPY) 5,000 3-year Business Plan Actual & Forecast 4,000 3,000 2, % 3,000 3,000 1, % F 04F 06F 06F 11

14 12. Direct Sales (billions of JPY) 1 Actual & Forecast % % F 06F 07F 08F 3-year Business Plan 12

15 13. Ordinary Income (billions of JPY) year Business Plan Actual & Forecast Ordinary Income/ Net Sales 12.5% 14.1% 15.8% (16.5%) 11.4% 1% 16% 12% % 8% % F 03F 04F 06F 06F 0% 13

16 14.Selling, general and administrative expenses (billions of JPY) % 10.4% % 11.6% % F 03F 04F 06F R&D Expenses Advertising Expenses Others SG&A / Net Sales % 14.0% 12.0% 1% 8.0% 6.0% 4.0% 2.0% % 14

17 15. R&D Expenses (billions of JPY) % 5.0% 5.0% % 3.6% 4.0% 4.0% % 2.0% % 02F 03F 04F 06F % R&D Expenses R&D Expenses / Net Sales * Including R&D Expenses as cost of sales Number of R&D staff (The end of Fiscal year) 02F F F F

18 16. CAPEX (billions of JPY) 6.0 CAPEX Molding Cost billion yen for new R&D building F 03F 04F 06F 16

19 17. Plans for FY2006 (millions of JPY) 06F to 06F Amounts Amounts Amount Net Sales 85, ,000 14, Ordinary Income 11, ,000 1 (1,980) (16.5) Net Income 7, , (1,257) (17.3) Net Sales by Products Amounts Amounts Amount Monitors for Computer use 36, , , Amusement Monitors 43, , , Others 5, , , Total 85, ,000 14,

20 18. Dividend (JPY/share) % 7.5 Year-end Dividend Interim Dividend Dividend payout ratio (Consolidated base) % % % 02F 03F 04F 06F % % 20% 16% 12% 8% 4% 0% 18

21 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.