02 15-14 alps results-q3

287 views

Published on

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
287
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

02 15-14 alps results-q3

  1. 1. Securities Code: 6770 Results Briefing FY2013 1Q Wednesday, July 31, 2013 COPYRIGHT(C)2013 ALPS ELECTRIC CO.,LTD. ALL RIGHT RESERVED
  2. 2. 1. Summary of Financial Results [Unit: ¥ billion] [Consolidated] FY2012 1Q FY2013 1Q % Net Sales % Effect of exchange rates Difference vs. FY2012 133.1 100.0% 155.7 100.0% 17.0% Electronic Components Automotive market Consumer market 64.0 35.5 28.4 48.1% 26.7% 21.4% 73.6 40.0 33.5 47.3% 25.8% 21.5% 15.0% 12.8% 17.8% Automotive Infotainment 54.5 41.0% 67.3 43.2% 23.5% EUR appreciation +1.7 FY2012 4Q % Difference vs. FY2012 4Q 145.2 7.3% 67.4 38.7 28.7 46.4% 26.7% 19.7% 9.2% 3.6% 16.8% 63.7 43.9% 5.7% 11.6 2.4 1.4 USD appreciation +9.6 EUR appreciation +1.3 Other currencies +1.1 (Subtotal +12.0) 100.0% 8.0% 1.7% 1.0% 5.7% 1.0% 118.0% 0.3 0.5% 109.3% 0.5 0.9% 141.1% 0.5 -0.1 0.0 2.5 4.8% -4.5% 74.6% - 1.7% 17.0% -3.1 -2.1% USD appreciation +5.8 (Subtotal Logistics Others Electronic Components Operating Income Automotive Infotainment Logistics Others Eliminations Ordinary Income Net Income 12.1 2.4 0.4 9.1% 1.8% 0.4% 12.3 2.4 3.1 7.9% 1.6% 2.0% 1.4% 1.8% 542.7% +7.5) USD appreciation +1.8 EUR appreciation +0.8 Other currencies -0.2 (Subtotal +2.3) -2.3 -3.6% 0.6 0.9% - 1.3 2.5% 1.4 2.1% 4.3% EUR appreciation +0.1 USD appreciation +0.9 (Subtotal 1.1 0.1 0.1 -0.3 9.2% 5.7% 0.0% -0.2% 0.9 0.0 0.0 2.9 7.9% 1.0% 0.0% 1.9% -2.4 -1.8% -0.2 -0.2% -13.0% -81.6% 0.0% - +1.0) - - USD/JPY 80.20 98.76 EUR/JPY 102.91 rounded down to the nearest ¥100 million. 128.95 NB: Here and subsequently amounts have been NB: Breakdown of sales shows composition, breakdown of nearest ¥100 million. NB: Here and subsequently amounts have been rounded down to theoperating income shows operating margin - 92.42 122.04 NB: Breakdown of sales shows composition, breakdown of operating income shows operating margin 1
  3. 3. 2. Net Sales and Operating Income: Quarterly Change [Unit: ¥ billion] [Consolidated] Change in Quarterly Net Sales Change in Quarterly Operating Income 2
  4. 4. 3. Change in Breakdown of Sales by Business Segment [Unit: ¥ billion] 1. Electronic Components Segment ■Net sales Net sales ¥73.6 billion (up 15.0% year on year) Automotive market: ¥40.0 billion (up 12.8%) Sales of products such as sensors, instrument panels, door modules and communications modules grew steadily as a result of our focus on development and launch of unique products. Consumer market: ¥33.5 billion (up 17.8%) Sales of component products for smartphones such as switches, connectors, camera actuators and touch panels expanded. ■Operating income Operating income ¥0.6 billion (up ¥2.9 billion year on year) Operating margin: 0.9% While income improved due to a sales increase in products such as switches, camera actuators and touch panels for smartphones, temporary expense occurred in line with system changes. 3
  5. 5. 3. Change in Breakdown of Sales by Business Segment [Unit: ¥ billion] 2. Automotive Infotainment Segment ■Net sales Net sales ¥67.3 billion (up 23.5% year on year) Sales of new cars in the markets of North America, Europe and China were strong, leading to sales growth in genuine products for automakers. ■Operating income Operating income ¥1.4 billion (up 4.3% year on year) Operating margin: 2.1% The change in the sales composition of genuine products for the market and those for automakers as well as the cost of parts for in-car displays, among others, put pressure on income. 4
  6. 6. 4. Amount of Effect from Exchange Rates [Unit: ¥ billion/month/per ¥1] USD EUR Net sales 0.27 0.04 Operating income 0.05 0.01 Net sales 0.17 0.02 Operating income 0.04 0.01 Consolidated Electronic components segment NB: The above amounts for the USD effect include other currencies linked to the USD (eg.: HKD, CNY). 5
  7. 7. 5. Summary of Balance Sheet [Unit: ¥ billion] [Consolidated] Inventories ¥81.1 billion (up ¥6.8 billion year on year) Electronic components segment: up ¥6.0 billion (includes ¥1.5 billion in exchange rate effect) Automotive infotainment segment: up ¥0.7 billion (includes ¥1.2 billion in exchange rate effect) Tangible fixed assets ¥132.1 billion (up ¥2.8 billion year on year) Electronic components segment: up ¥2.9 billion (includes ¥1.0 billion in exchange rate effect) Automotive infotainment segment: up ¥0.7 billion (includes ¥0.6 billion in exchange rate effect) Others segment: down ¥1.0 billion Interest-bearing debt ¥121.1 billion (down ¥3.3 billion year on year) Electronic components segment: repayments of short-term loans payable and long-term debt Automotive infotainment segment: repayments of short-term loans payable 6
  8. 8. FY2013 Consolidated Financial Results Forecast
  9. 9. 1. FY2013 Financial Results Forecast [Unit: ¥ billion] [Consolidated] No change from the forecasts announced on April 30, 2013. 8
  10. 10. 2. Breakdown of Net Sales and Operating Income Forecast by Business Segment [Unit: ¥ billion] [Consolidated] No change from the forecasts announced on April 30, 2013. 9
  11. 11. The business results forecasts and future predictions included in these materials are based on the judgment of the Company at the time of preparation of the materials, and are inherently subject to risks and uncertainties. As a result, actual business results and outcomes may differ significantly due to a variety of factors. 10
  12. 12. Consolidated Financilal Results FY2013 1Q (April 2013 - June 2013) Basic Data July 2013 Alps Electric Co., Ltd.
  13. 13. 1.Outline (Unit:100 million Yen) FY2013 FY2012 1Q Net Sales Domestic Overseas Operating Income Ordinary Income Net Income 2Q 1,331 343 988 4 △3 △24 3Q 1,312 315 997 23 20 △2 4Q 1,367 309 1,058 25 34 △12 Total 1,452 294 1,157 14 25 △31 5,464 1,262 4,202 68 76 △70 1Q 2Q 1,557 287 1,270 31 29 △2 2.Net Sales (by segments) 1Q 2Q 640 355 284 545 121 24 1,331 3Q 681 329 352 483 122 25 1,312 4Q 684 328 356 532 125 25 1,367 Total 674 387 287 637 116 24 1,452 2,680 1,400 1,280 2,198 485 99 5,464 1Q 2Q 736 400 335 673 123 24 1,557 3.Operating Income 1Q 2Q △23 13 11 1 1 4 3Q 15 △2 7 1 1 23 4Q 7 5 11 2 △1 25 Total 3 5 5 △1 0 14 1Q 2 23 35 4 2 68 2Q 2Q 78 16 3 2 △1 100 3Q 67 18 5 1 △0 92 4Q 50 13 4 1 △0 69 6,000 - - 190 193 95 1,400 720 680 1,170 250 40 2,860 Total 3,000 1,550 1,450 2,390 510 100 6,000 2Q(Est) - - - - - - 10 20 15 0 0 45 Total 100 50 37 3 0 190 (Unit:100 million Yen) FY2013 FY2012 1Q 2Q(Est) - - - - - - - 6 14 9 0 0 31 4.Capital Expenditures Electronic Components Automotive Infotainment Logistics Others Eliminations Total Total (Unit:100 million Yen) FY2013 FY2012 Electronic Components Automotive Infotainment Logistics Others Eliminations Total 2,860 - - 45 53 10 (Unit:100 million Yen) FY2013 FY2012 Electronic Components Automotive market Consumer market Automotive Infotainment Logistics Others Total 2Q(Est) - - - - - - Total 42 17 2 1 △7 55 238 67 16 6 △9 318 1Q 2Q 53 15 3 1 △1 72 2Q(Est) - - - - - - 92 40 7 9 - 149 Total 169 61 11 13 - 256 (Ref.) Estimate booked on the basis of order forecast including lease. 5.Depreciation Expenses (Unit:100 million Yen) FY2013 FY2012 1Q Electronic Components Automotive Infotainment Logistics Others Eliminations Total 2Q 30 14 4 1 △0 50 3Q 32 14 4 1 △0 53 4Q 35 15 4 1 △0 57 Total 30 16 5 1 △0 53 130 61 19 5 △0 215 1Q 2Q 38 14 4 1 △0 58 6.R & D Expenses 1Q 7.Inventories Electronic Components Automotive Infotainment Logistics Others Eliminations Total 2Q 33 40 - 0 73 3Q 27 45 - 0 73 4Q 27 39 - 0 67 Total 28 43 - 0 72 (Non Consolidated) 117 168 - 0 286 1Q 2Q 33 44 - 0 77 (Unit:100 million Yen) 2012/6 2012/9 2012/12 2013/3 2013/6 419 407 437 439 500 288 326 346 293 300 12 10 8 10 10 0 0 1 0 1 △0 △0 △1 △0 △0 720 745 792 743 811 8.Employees Electronic Components Automotive Infotainment Logistics Others Total 2012/6 2012/9 2012/12 2013/3 20,059 20,060 19,629 19,600 11,194 11,241 11,141 11,107 4,600 4,626 4,714 4,683 809 808 812 809 36,662 36,735 36,296 36,199 5,615 5,548 5,533 5,471 (Ref.) All figures exclude temporary employees. 79 28 9 8 - 125 Total 157 58 19 17 - 252 (Unit:100 million Yen) FY2013 FY2012 Electronic Components Automotive Infotainment Logistics Others Total 2Q(Est) - - - - - - (Unit:Person) 2013/6 19,797 11,368 4,721 824 36,710 5,567 2Q(Est) - - - - - 67 100 - 0 168 Total 134 195 - 0 330

×