Presentation Transcripts
Latest Update : May 27, 2020
Back to Financial Results (FY3/2020)
Investor Meeting Presentation for FY 3/2020 held on May 8, 2020
- Cover
- Today's Agenda
- Financial Results
- Summary of Consolidated Business Results
- Summary of Consolidated Business Results for 4Q
- Net Sales, Operating Income/margin Yearly
- Net Sales, Operating Income/margin Quarterly
- 4Q Actual: Differences from the Forecast as of February
- Machined Components Yearly
- Machined Components Quarterly
- Electronic Devices & Components Yearly
- Electronic Devices & Components Quarterly
- Mitsumi Business Yearly
- Mitsumi Business Quarterly
- U-Shin Business Yearly
- U-Shin Business Quarterly
- Profit attributable to owners of the parent / EPS Yearly
- Profit attributable to owners of the parent / EPS Quarterly
- Inventory
- Net interest-bearing debt / Free cash flow
- Forecast for Fiscal Year Ending March 31, 2021
- Forecast for Business Segment
- Management Policy & Business Strategy
- Summary of FY3/20 "Net Sales Hit Record Highs"
- Key Points of FY3/21 Plan
- Image of Operating Income for FY3/21
- OP Rank within Electronic Component Sector
- Impact from the Novel Coronavirus
- Mid-term Business Plan Targets
- Machined Components Targets
- Electronic Devices and Components Targets
- Mitsumi Business Targets
- U-Shin Business Targets
- Acquisition of All Shares of ABLIC Inc.
- Focused Development Field
- Building the Strongest Domestic Association
- Ranking Changed in Eight Spears Strategy
- Our Response to the Novel Coronavirus
- Use of FCF and Shareholder Returns
- Dividend Forecast
- Forward-looking Statements
- Reference
Now let's look at the electronic devices & components segment.
In the fiscal year ended March 31, 2020, net sales were down 2.0% year on year to total 379.4 billion yen.
Looking at the results by product, we see that sales of motors decreased 4.2% year on year to reach 180.2 billion yen. This decrease was primarily due to the slowdown in the automobile market.
Electronic devices sales were up 2.4% year on year to hit 162.4 billion yen thanks to strong sales of models using LED backlights.
Net sales of sensing devices totaled 32.5 billion yen, decreesing 10.7% year on year.
Operating income increased 3.7% year on year to reach 17.6 billion yen while the operating margin rose 0.2 percentage points to reach 4.6%. Looking at the results by product, we see that operating income was up for electronic devices but down for sensing devices.
In the fiscal year ending March 31, 2021, even though motors are expected to be affected by decline in demand for automobiles, launches of new products including those related to games are expected to contribute to earnings.
Both sales and profits for electronic devices are projected to decrease due to the declining number of sales units of models that use LED backlights.
We expect to see general decline in demand for sensing devices due to the novel coronavirus.
11page (total 45pages)
You need Adobe Reader® to view these documents. Click on Adobe Reader icon on the left to download the software from the Adobe Systems website.
It ends about main text.