Presentation Transcripts
Latest Update : June 5, 2017
Back to Financial Results (FY3/2017)
Investor Meeting Presentation for FY 3/2017 held on May 9, 2017
- Cover
- Table of contents
- Financial Results
- Summary of Consolidated Business Results
- Summary of Consolidated Business Results for 4Q
- Net Sales (Yearly)
- Net Sales (Quarterly)
- Operating Income
- Machined Components (Yearly)
- Machined Components (Quarterly)
- Electronic Devices & Components (Yearly)
- Electronic Devices & Components (Quarterly)
- Mitsumi Business (consolidated portion in 4Q) (Quarterly)
- Mitsumi Business (including pre-merger) (Quarterly)
- Mitsumi Business (including pre-merger) (Yearly)
- Net Income (Yearly)
- Net Income (Quarterly)
- S.G. & A. Expenses
- Inventories
- Capital Expenditure & Depreciation
- Net Interest-Bearing Debt/Free Cash Flow
- Forecast for Fiscal Year Ending March 31, 2018
- Forecast for Business Segment
- Management Policy & Business Strategy
- Full-year forecast (FY3/2018)
- Challenge to ¥1 trillion sales and/or ¥100 billion OP
- New Mid-term Business Plan targets
- Estimated breakdown of ¥100 billion OP in FY3/2021
- Machined Components plan targets
- Ball bearing strategy
- Growth of miniature ball bearings for automobiles
- Aircraft component strategy
- Pivot assembly strategy (HDD)
- Electronic Devices & Components plan targets
- LED backlight strategy - 1
- LED backlight strategy - 2
- LED backlight strategy - 3
- Motor strategy
- Sensing device strategy (Minebea business)
- Mitsumi business plan targets
- Reviewing product portfolio - 1
- Reviewing product portfolio - 2
- Seven Spears of MinebeaMitsumi
- Seven spears - 3 Sensors
- Seven spears - 4 Connectors / Switches
- Seven spears - 5 Power supplies
- Seven spears - 6 Wireless / Telecommunications / Software
- Seven spears - 7 Analog semiconductors
- Basic policy of sub-core businesses
- Developing strategic new products by fusion with Mitsumi's technology/products
- Re-enter haptic device business
- Development of haptic module
- Development of IoT-related products
- Financial strategy
- Cash flow, debt, cap-ex and D&A plan
- M&A strategy
- Forward-looking Statements
These graphs show quarterly net sales and operating income for the electronic devices and components segment.
Fourth quarter net sales for the segment were down 11% from the previous quarter to total 114.6 billion yen. Operating income decreased by 41% to total 5.6 billion yen and the operating margin decreased by 2.4 percentage points to hit 4.9%.
While motor sales increased 11% from the previous quarter to total 42.1 billion yen, demand from the automobile industry remained steady. Profits decreased due to seasonal drop-off in production.
Although net sales of electronic devices declined a substantial 27% from the previous quarter to total 58.9 billion yen and profits fell as well along with demand for LED backlights for smartphone peaking out, it was all due to the usual seasonal drop-off in demand.
Sales of sensing devices were up 45% over the previous quarter to total 12.3 billion yen. This jump was due to a change in the period used for consolidating financial results. Since Sartorius MT&H's fiscal year had been three months behind the parent's fiscal year, the financial results were consolidated on a six-month basis this fourth quarter in order to synchronize the accounting period beginning this fiscal year.
12page (total 57pages)
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