Hosokawa Micron Group Financial Results 215 (at the Securities Analysts Association of Japan) Dec. 2 nd 215 President : Yoshio Hosokawa http://www.hosokawamicron.co.jp/en/
Financial Results (consolidated) 215 (consolidated) actual 214 215 per sales actual per sales plan (million yen) % of pre. year Booking 48,66 5,24 14.4% Backlog 15,297 17,539 114.7% Sales 48,516 47,342 46,5 97.6% Ope. Profit 3,369 6.9% 2,45 5.2% 2,4 72.7% PTI 3,416 7.% 2,646 5.6% 2,45 77.5% Net Income 2,294 4.7% 2,524 5.3% 1,6 11.% 1 exchange rate US$ 12.33 119.3 118. EURO 138.82 136.84 134. <Impact> Divested Confectionery relative business => +6 million yen Impairment loss about dormitory: 26 million yen
Financial Results (consolidated) 2 Sales(1stH) Sales(2ndH) GPR SGA Ratio Ope. Profit Ratio 4% 35% 36.7% 35.9% 34.8% 34.1% 34.4% 8 7 GPR, SGA Ratio, Ope.Profit Ratio(%) 3% 25% 2% 15% 1% 5% % 29.1% 26.3% 27.3% 27.1% 29.3% 46 361 228 24 485 473 449 262 234 262 9.6% 7.6% 7.5% 6.9% 5.2% 157 179 215 223 211 211 212 213 214 215 6 5 4 3 2 1 Sales( million yen) US$ 81.15 78.87 92.82 12.33 119.3 Euro 113.9 12.39 121.82 138.82 136.84
24 22 2 18 16 14 12 1 8 6 4 2 5 45 4 35 3 25 2 15 1 5 (5) (1) 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. Booking, Sales, Backlog(1million yen) Ope.Profit(1million yen) Financial Results (consolidated) exclude the impact of exchange rate fluctuations Backlog Booking Sales Ope.Profit Lehman Shock 26 27 28 29 21 211 212 213 214 215 US$ 116.26 118.99 17.67 95.22 89.58 81.15 78.87 92.82 12.33 119.3 Euro 143.1 158.25 161.71 128.71 121.5 113.9 12.39 121.82 138.82 136.84 3
Financial Results (by business segments, consolidated) 4 214 215 % of actual actual Pre.Year Powder 35,974 33,478 35,974 Blown Film 8,961 Confectionary 3,58 33,478 93.1% 8,961 11,53 128.4% 3,58 2,359 65.9% Total 48,516 47,342 97.6% Ope.Profit (million yen) 214 215 actual actual % of Pre.Year Powder 3,385 2,312 68.3% 3,385 Blown Film 861 Confectionary 112. 2,312 68.3% 861 1,541 179.% 112. 341 - adjustment 989 1,62 - Total 3,369 3,369 2,45 72.7% Powder Processing Pharmaceutical and mineral markets were recovered. China, Korea and Russia markets were depressed. Blown Film USA market is keeping strong Acquired Anton Kolb GmbH Confectionary & Bakery Divested (on the end of September, 215) This is expenses of the entire group and general management expenses mainly.
Financial Results(by business segment) 5 (1 million yen) 6 5 36 39 4 78 66 3 12 42 Booking Confectionery Blown Film Powder Processing 21 22 19 18 54 66 71 5 4 99 24 125 (1 million yen) 2 14 15 23 12 18 1 4 Backlog Confectionery Blown Film Powder Processing 6 6 5 9 19 23 26 38 2 14 52 2 1 381 382 244 272 337 323 331 342 352 5 136 125 11 66 86 123 115 113 16 123 27 28 29 21 211 212 213 214 215 27 28 29 21 211 212 213 214 215
<Powder Processing> Financial Results 6 Powder Sales Ratio:7.7 7.7% Booking, Sales, Backlog (1 million yen) 4 35 3 25 2 15 1 5 Booking, Sales, Backlog 1stH 2ndH Backlog Booking Sales Booking Sales Booking Sales 213 214 215 Ope.Profit(1 million yen) 5 4 3 2 1 Ope.Profit, Ope.Profit Ratio 2ndH Ope.Profit 1stH Ope.Profit Ope.Profit Ratio 213 214 215 15% 13% 11% 9% 7% 5% 3% 1% -1% Ope.Profit Ratio(%)
<Blown Film> Financial Results Blown Film Sales Ratio:24.3 24.3% 7 Booking, Sales, Backlog(1 million yen) 8 6 4 2 Booking, Sales, Backlog 1stH 2ndH Backlog Booking Sales Booking Sales Booking Sales 213 214 215 Ope.Profit(1 million yen) 8 6 4 2 Ope.Profit, Ope.Profit Ratio 213 214 215 2ndH Ope.Profit 1stH Ope.Profit Ope.Profit Ratio 16% 14% 12% 1% 8% 6% 4% 2% % Ope.Profit Ratio(%)
Blown Film Business jumped up 8 <Point> * Keeping good situation in U.S. economy * Resin material prices down by collapse of the oil price * Increase of capital investment by renewal of plastic film plants * Increase of demand in developing countries * Business policy based on customer creed
<Confectionery & Bakery> Financial Results 8 Confectionery & Bakery Sales Ratio:5. 5.% Booking, Sales, Backlog(1 million yen) 4 3 2 1 Booking, Sales, Backlog 1stH 2ndH Backlog Booking Sales Booking Sales Booking Sales 213 214 215 Ope.Profit(1 million yen) 1.5 1.5 -.5-1 -1.5 Ope.Profit, Ope.Profit Ratio 2ndH Ope.Profit 1stH Ope.Profit Ope.Profit Ratio 213 214 215 3% 2% 1% % -1% Ope.Profit Ratio(%)
Sales (Destination base, consolidated) 1 Japan America Europe 214 215 % on Pre.Year Sales 11,43 1,756 97.4% % 22.8% 22.7% Sales 9,637 1,498 18.9% % 19.9% 22.2% Sales 19,21 17,771 92.6% % 39.6% 37.5% Asia& Sales 8,634 8,316 96.3% Others % 17.8% 17.6% Total Sales 48,516 47,342 97.6%
Bookings by Market Segments (consolidated consolidated) 12 215 214 213
Financial Results (non-consolidated) 14 214 actual actual (million yen) 215 % of pre. Year Backlog 3,328 3,523 Booking 13,368 12,119 9.7% Sales 13,172 11,278 85.6% Gross Margin 5,421 4,667 86.1% (%) 41.2% 41.4% Ope. Profit 1,231 597 48.5% (%) 9.3% 5.3%
Financial Results (non-consolidated) 15 Sales(1stH) Sales(2ndH plan) GPR SGA Ratio Ope. Profit Ratio GPR SGA Ratio Ope. Profit ratio(%) 4% 3% 2% 1% 41.5% 38.9% 38.3% 39.2% 36.2% 31.9% 17 63 44 2.1% 133 155 28.2% 92 75 1.7% 9.6% 58 63 117 52 65 2.8% 36.4% 41.2% 41.4% 36.1% 31.9% 132 73 9.3% 58 113 57 56 5.3% 2 15 1 5 Sales (million yen) % 21 211 212 213 214 215
R&D, Capital Investment and Depreciation (consolidated) 17 <Significant investment plan in 216> Renewal of IT relation hard wear (Japan) Replacement of facilities in subsidiary s factories (Germany) Reinforcement of production ability in the toll processing subsidiary (Germany)
Dividend & Payout Ratio 14 Dividend (yen) 16. 14. 12. 1. 8. 6. 4. 2.. year-end interim payout ratio 5yen 3. 5yen 3. 7yen 4.5 2. 2. 2.5 9yen 5. 4. 12yen 6. 6. 15yen 15yen 7.5 7.5 7.5 7.5 29 21 211 212 213 214 215 7.% 6.% 5.% 4.% 3.% 2.% 1.%.% Payout Ratio Dividend in 215:15.yen(Payout Ratio:24.9%) Dividend forecast in 216:15yen(Payout Ratio:31.4%)
Interest-bearing debt (consolidated consolidated) ( 連 結 ) 18 Long-term interest-bearing debt at the end of 215 (1 million yen) => 3.53 billion yen 8 6 49.3 72.7 74.4 bond with stock acquisition right Long-term interest-bearing debt corporate bonds redeemable within one year short-term interest-bearing debt 4 4. 39.3 38.1 41.1 35.4 36. 2 27 28 29 21 211 212 213 214 215
Business Plan 216 22 215 215 (1 million yen) 216 Plan Actual Plan Sales 5 473 485 Ope. Profit 36 25 3 (% per sales) 7.2% 5.2% 6.2% Ext. Income 36 26 3 (% per sales) 7.2% 5.6% 6.2% Net Income 24 25 2 (% per sales) 4.8% 5.3% 4.1% 為 替 レート US$ 118. 119.3 12. EURO 134. 136.84 135. Confectionery related business is not included in 216
Business Plan 216 24 Competitive Products and Technologies Enhancement of Sales Promotion to developing countries Sales expansion to Active Markets Expansion in After Sales Business Improvement of Earning Potential
Business Plan 216 25 < Competitive Products and Technologies > Development of New product and New technology (includes technology transfer) Active freeze dryer (AFG) Grinding equipment for carbon black (E-ACM) Renewal products (hair-growth tonic, cosmetics)
Business Plan 216 26 < Enhancement of Sales Promotion to developing countries > Bookings (Result and Plan to developing countries) 18 16 14 151.4 166.4 (1 million yen) 12 1 8 6 4 97.8 92.8 2 Actual Actual Plan Plan 214 215 216 217 (Confectionery related business is included in 217 plan)
Business Plan 216 < Sales Expansion to active markets > 27 Bookings (Pharmaceutical market(consolidated)) (million yen) < Active Market > Pharmaceutical Magnetic materials Secondary Battery materials Functional resin etc < Sales Promotion Tool> Mail magazine Web seminar Private seminar
Business Plan 216 < Improvement of Earning Potential> Concentration to the core business 3 core business => 2 core business Powder processing -> Powder processing Blown Film -> Blown Film Confectionery & Bakery -> ( Divested ) 28 Enhancement in the peripheral business Acquired Anton Kolb GmbH (Blown film related company) Price strategy Competitive new products Cost Down (reduce Production Cost & Operating Expenses)
ROE(Return Return on Equity, consolidated) 29 16% 14% ) ( 連 結 ) 12% 1% 11.% 9.7% 8.5% 8.6% 8% 6% 4% 2% % 212 213 214 215