Financial Results Briefing for 1st half of FY2016pdf.irpocket.com/C5393/SAip/whtP/z7Ux.pdf · H1...

Copyright ©2015 NICHIAS Corporation, All Rights Reserved.

November 10, 2015

The statements contained in this material, which refer to current plans and projections, other than historical facts,

represent forward-looking statements made at the discretion of top management based on information currently available.

Therefore, please note that the actual results may considerably differ from those projected due to various factors.

Disclaimer: This is a Japanese-English translation of the summary of financial statements of the Company produced for

your convenience. Since no auditor audited this report, officially only the Japanese version is assumed to be the summary

of financial statements of the Company. This summary does not constitute any guarantee and the Company will not

compensate any losses and/or damage stemming from actions taken based on these statements. In the case that there is

any discrepancy between the Japanese and English versions, the Japanese version is assumed to be correct.

Financial Results Briefing

for the First Half of the Fiscal Year

Ending March 31, 2016


Segment H1 FY2015

Weather chart

H1 FY2016

Weather chart

Net Sales

(Year-on-year change)

Operating Income

(Year-on-year change)

Energy and

Industrial

Plants

Industrial

Products

Advanced

Products

Autoparts

Building

Materials

Summary of H1 FY2016 (Apr. 1 – Sept. 30, 2015)


1. Summary of H1 FY2016 (Apr. 1, 2015 – Sept. 30, 2015)


Financial Highlights for H1 FY2016 (Apr. 1, 2015 – Sept. 30, 2015)

(Billions of yen)

H1 FY2015 H1 FY2016

Results Forecast Results

Net Sales 74.5 81.0 81.3 9.2% 0.4%

Operating income 5.0 5.8 6.7 33.4% 15.7%

6.8% 7.2% 8.2%

Ordinary income 5.5 5.9 7.1 29.3% 20.6%

7.4% 7.3% 8.8%

Extraordinary

income0.5 － 0.0

Extraordinary

loss1.1 － 0.1

Profit attributable to 3.1 3.5 4.5 45.8% 28.6%

owners of parent 4.1% 4.3% 5.5%

Year-on-

year

Change

Compared

to

Forecast


74.5

81.31.7

1.7

1.0

2.2

0.2

7月予測 8月予測

【Building

Materials】

【Industrial

Products】

【Advanced

Products】

【Autoparts】

【Energy and

Industrial Plants】

(Billions of yen)

6.8

Factors Affecting Changes in Net Sales for H1 FY2016 (Apr. 1, 2015 – Sept. 30, 2015)

H1 FY2015

Results H1 FY2016

Results


5.5

7.1

2.1

0.4(0.8)

0.1 (0.2)

196期

実績

198期

Factors Affecting Changes in Ordinary Income for H1 FY2016

(Apr. 1, 2015 – Sept. 30, 2015)

1.6

H1 FY2015

Results H1 FY2016

Results

Exchange

differences

Increase in gross profitdue to the increased

net sales

(Billions of yen)

Other,

Non-operating

profit

Effect of raw

material prices and

power ratesIncrease in

expenses


Net Sales and Operating Income by Segment

(Billions of yen)

H1 FY2015 H1 FY2016

Results Results

Net salesEnergy and Industrial

Plants22.5 24.2 1.7 7.5%

Industrial Products 18.2 20.0 1.7 9.5%

Advanced Products 6.5 7.5 1.0 15.9%

Autoparts 15.3 17.5 2.2 14.1%

Building Materials 11.9 12.1 0.2 1.8%

Total 74.5 81.3 6.8 9.2%

OperatingEnergy and Industrial

Plants6.3% 1.4 6.8% 1.7 0.2 16.1%

income Industrial Products 11.9% 2.2 13.5% 2.7 0.5 24.0%

Advanced Products 8.5% 0.6 14.1% 1.1 0.5 92.6%

Autoparts 9.9% 1.5 13.3% 2.3 0.8 52.6%

Building Materials (5.4%) (0.6) (8.5%) (1.0) (0.4) (59.0%)

Total 6.8% 5.0 8.2% 6.7 1.7 33.4%

SegmentYear-on-year

Change

Compared to

Forecast


Balance Sheet Highlights

Asse

ts

Lia

bilitie

s a

nd

Ne

t asse

ts

(Billions of yen)

20.7 20.6

41.8 42.4

4.3 4.3 20.6 22.8

53.9 51.6

14.9 17.1

0.0

50.0

100.0

150.0

Mar. 31, 2015 Sept. 30, 2015

Notes and accountsreceivable-trade

Cash and deposits

Inventories

OtherProperty, plant and

equipment/Intangible assets

Investments and other

(2.3)

+2.2

+2.2+0.0

+0.7

(0.1)

156.2 158.9 +2.6

78.9 88.3

5.5 5.9 13.3

12.7 33.8 26.5

24.8 25.4

0.0

50.0

100.0

150.0

Mar. 31, 2015 Sept. 30, 2015

Interest-bearing liabilities

Notes and accountspayable-trade

Other current liabilities

Other

Net assets

(7.3)

+0.7

(0.5)+0.5

+9.4

156.2 158.9 +2.6


5.5

3.9

0.8

7.9 7.5

3.6

6.6

2.3

5.1

6.4

(4.6)(3.9)

(3.3)

(1.1) (1.2) (1.3)

(2.8)

(5.1)

(2.2)(2.3)

0.5 1.0

1.6

(6.7)

(8.0)

(1.2)

4.8

(2.1)

0.1

(2.4)

(10.0)

(5.0)

0.0

5.0

10.0

H1FY2007

H1FY2008

H1FY2009

H1FY2010

H1FY2011

H1FY2012

H1FY2013

H1FY2014

H1FY2015

H1FY2016

Operating cash flow Investing cash flow Financing cash flow

Trends in Cash Flow

(Billions of yen)


Trends in Interest-bearing Liabilities and Equity Capital

21.6%

26.4%

37.8%

32.6% 26.6%

25.1%

26.8%

23.9%21.7%

16.7%

38.9%

24.3% 24.5%

34.3%

39.6%

43.2%45.3%

47.6%

50.0%

55.1%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

0.0

20.0

40.0

60.0

80.0

100.0

120.0

FY2007

FY2008

FY2009

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

H1FY2016

(Billions of yen) Interest-bearing liabilities Equity capital

Interest-bearing liabilities/Total assets Capital adequacy ratio


2. Full-year Outlook for FY2016 (April 1, 2015 – March 31, 2016)


FY2016 Business Environment

Segment H1 FY2016

Weather chart

H2 FY2016 forecast

Weather chart

Energy and

Industrial Plants

Industrial

Products

Advanced

Products

Autoparts

Building

Materials


Full-year Operating Forecast for FY2016 (Apr. 1, 2015 – Mar. 31, 2016)

(Billions of yen)

FY2015 FY2016 Year-on-year

H1

Results

H2

Results

Full-year

Results

H1

Results

H2

Forecast

Full-year

ForecastChange

Net sales 74.5 84.4 158.9 81.3 88.7 170.0 7.0%

5.0 6.5 11.5 6.7 6.9 13.6 18.4%

6.8% 7.7% 7.2% 8.2% 7.8% 8.0%

5.5 7.4 12.9 7.1 6.7 13.8 6.9%

7.4% 8.8% 8.1% 8.8% 7.5% 8.1%

Profit attributable to3.1 4.4 7.5 4.5 4.0 8.5 12.8%

owners of parent4.1% 5.3% 4.7% 5.5% 4.5% 5.0%

Operating

income

Ordinary income


(Billions of yen)

FY2016 Forecast: Factors Affecting Changes in Net Sales

(Apr. 1, 2015 – Mar. 31, 2016)

11.1 158.9

170.0

2.1

3.3

(0.1) 0.5

5.2

【Building

Materials】

【Industrial

Products】

【Advanced

Products】

【Autoparts】

【Energy and


FY2015

Results FY2016

Forecast


FY2016 Forecast: Factors Affecting Changes in Operating Income

(Apr. 1, 2015 – Mar. 31, 2016)

FY2015

Results

FY2016

Forecast

(Billions of yen)

2.1

13.6

11.5

0.5

(0.1) 0.6

0.8

【Advanced

Products】

【Autoparts】

【Industrial

Products】

【Building

Materials】

【Energy and


0.3


Trends in Net Sales and Operating Income by Segment

(Billions of yen)

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Results Results Results Results Forecast

Net salesEnergy and

Industrial Plants39.8 39.0 38.6 45.8 51.0 11.4%

Industrial Products 39.4 37.3 39.4 40.5 41.0 1.3%

Advanced Products 15.8 11.0 14.9 14.1 14.0 (0.8%)

Autoparts 25.7 25.9 29.2 31.7 35.0 10.6%

Building Materials 23.7 23.7 25.0 26.9 29.0 7.8%

Total 144.3 137.0 147.1 158.9 170.0 7.0%

Operating 2.8 2.7 2.3 2.9 3.4 17.7%

Income 7.0% 6.9% 6.0% 6.3% 6.7%5.6 4.3 4.2 5.1 5.4 6.2%

14.1% 11.4% 10.7% 12.6% 13.2%1.0 (0.1) 1.8 1.6 1.5 (5.1%)

6.4% (1.1%) 11.8% 11.2% 10.7%0.9 1.9 2.7 3.3 3.9 18.7%

3.7% 7.2% 9.2% 10.4% 11.1%0.8 0.7 (0.8) (1.3) (0.6) 55.5%

3.6% 3.1% (3.0%) (5.0%) (2.1%)Total 11.1 9.4 10.2 11.5 13.6 18.4%

7.7% 6.9% 6.9% 7.2% 8.0%

Building Materials

Year-on-year

ChangeSegment

Energy and

Industrial Plants

Industrial Products

Advanced Products

Autoparts


1.3 2.1

1.6

0.5 1.2

0.3

1.2

3.9

0.5

0.3

0.9

1.0

0.7

1.0

3.0 0.3

0.3

0.6

0.1

0.2

1.6

2.0

1.5

0.6

0.4

0.0

0.1

0.0

0.1

0.1

3.8

3.3

3.8

4.7

4.1

0.0

2.0

4.0

6.0

8.0

10.0

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016(Forecast)

Energy andIndustrial Plants

Industrial Products

AdvancedProducts

Autoparts

Building Materials

Depreciation

Depreciation

Capital Expenditures and Depreciation

Capital

Expenditures

(Billions of yen)

4.4

6.5

8.3

2.8

5.2


Trends in Overseas Sales

*Interior incombustible materials (silicic acid calcium board) sold overseas are included in Industrial Products.


Expand manufacturing bases in Japan

New office at Fukuroi Factory

Recreational building at Metacoat Factory (Okayama)


U.S.A

China

Vietnam

Thailand Malaysia

Czech Republic ＮＫＫ

Frontline capabilities

Further improvements

Indonesia

Mexico

Singapore

NKK (Nichias Kaizen Katsudou)


Dividends payments by NICHIAS

Yen

Return To

Stockholders

We aim to provide appropriate returns to shareholders in consideration of

profit levels, the overall balance with our financial position, and

investments in R&D, facilities, and human resources for the future. In

terms of dividends, we will maintain stable dividends with a dividend

payout ratio of 25% to 30% as a guideline.


Date post:	14-Jul-2020
Category:	Documents
Upload:	others
View:	7 times
Download:	0 times

Financial Results Briefing for 1st half of FY2016pdf.irpocket.com/C5393/SAip/whtP/z7Ux.pdf · H1...

Documents