Consolidated Results - Hitachi · Item 15/1Q 15/2Q 15/3Q 15/4Q 16/1Q 16/2Q forecast Crude Oil...
Transcript of Consolidated Results - Hitachi · Item 15/1Q 15/2Q 15/3Q 15/4Q 16/1Q 16/2Q forecast Crude Oil...
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Consolidated Results
July 27, 2016
for the First Quarter of the Fiscal Year Ending March 31, 2017
© Hitachi Chemical Co., Ltd. 2016. All Rights Reserved.
FY16/1Q Results & FY16 Forecast
(Billion yen)
Net income: Attributable to owners of the parent
FY16/1Hforecast
FY16forecast
Revenue 125.0 91%
265.0 96%
550.0 101%
OperatingIncome 12.0 110
%23.0 99
%54.0 102
%
Net Income 7.2 87%
16.0 96%
38.5 100%
Item FY16/1Qresults
FY16/1Qvs.
FY15/1Q
(reference) Announced on Apr. 25FY16/1H
vs.FY15/1H
FY16vs.
FY15
*
* Financial forecasts for the fiscal year ending March 31, 2017, announced on April 25, 2016 has not reviewed.
【 FY16/1Q Results 】 Exchange rate: US$1=¥108 (average), US$1=¥103(end of period)
Operating Incomewithout otherincome andexpenses
11.3 98%
23.0 94%
54.0 108%
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FY16/1Q Results by Segment : Revenue
Functional Materials ¥64.0 billion (YoY: 90%)
●Electronics Materials and Printed Wiring Board Materials: - Sales of die bonding materials and copper-clad laminates were up due to their usage in new applications. - Sales of other materials were down due to lower sales for use in smartphones.
● Inorganic Materials - Sales were decreased compared with the same term of previous fiscal year due to the decrease in sales for PCs and tablet PCs despite an increase in sales for eco-friendly automobiles.
● Polymer Science Materials - Total sales declined due to the influence of foreign exchange, while sales of materials for use in smartphones remained almost the same compared with the same term of previous fiscal year.
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FY16/1Q Results by Segment : Revenue
● Automotive Products - Sales were down due to sluggish conditions in overseas such as South East Asia and the influence of the 2016 Kumamoto Earthquake. ●Energy Storage Devices and Systems - Sales of vehicle batteries decreased due to sluggish demand of new automobiles in Japan. - Sales of industrial batteries and systems remained almost same due to an increase in sales for mobile sold in overseas despite decreased sales for batteries sold to carriers in Japan.
¥61.0 billion (YoY:92%) Advanced Components and Systems
80
100
120
15/1Q 15/2Q 15/3Q 15/4Q 16/1Q
PolymerScience
Materials
InorganicMaterials
ElectronicsMaterials
Printed WiringBoard Materials
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FY16/1Q Revenue by Functional Materials (1)
vs.FY15/1Q benchmark
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64.0 billion 90 %
21.2 98Epoxy Molding Compounds 96Die Bonding Materials 119CMP Slurry 85
5.5 87Carbon Anode Materials for LiB 85
14.1 87Anisotropic Conductive Films 75
17.6 94Copper-Clad Laminates 104Photosensitive Dry Films 82
Functional MaterialsElectronics Materials
Polymer Science Materials
Printed Wiring Board Materials
Inorganic Materials
5
Revenue vs. FY15/1Q
FY16/1Q Revenue by Functional Materials (2)
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vs.FY15/1Q benchmark
FY16/1Q Revenue by Advanced Components and Systems (1)
60
100
140
15/1Q 15/2Q 15/3Q 15/4Q 16/1Q
AutomotiveProducts
ElectronicComponents
Energy StorageDevices and
Systems
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Revenue vs. FY15/1Q
61.0 billion 92 %
28.2 88Plastic Molded Products 82Friction Materials 85Powder Metal Products 94
22.6 98Automobile Batteries 97Industrial Batteries 100
8.2 79
Advanced Components and SystemsAutomotive Products
Electronic Components
Energy Storage Devices and Systems
FY16/1Q Revenue by Advanced Components and Systems (2)
8 © Hitachi Chemical Co., Ltd. 2016. All Rights Reserved.
11.0-1.5
0.42.1
2.4 1.2-2.1
-0.7-0.8
12.0
Operating
Income
Sales Prices
Product mix
& etc.
Other
Income/expenses
Fixed C
osts
Foreign Exchanges
Sales Volum
es
Materials
Cost
Reductions
Operating
Income
Explanation of Operating Income Deviation (1)
FY15/1Q results vs. FY16/1Q results (Billion yen)
FY16/1Q +1.0 billion yen FY15/1Q
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FY15/1Q SalesVolumes
SalesPrices
ForeignExchanges Materials Cost
ReductionsFixedCosts
Productmix &etc.
OtherIncome/
expensesFY16/1Q
FunctionalMaterials 9.3 -0.4 -1.1 -0.9 1.2 1.5 -0.4 0.7 0.8 10.7
AdvancedComponents
andSystems
1.7 -0.3 -1.0 -0.6 0.9 0.9 -0.4 -0.3 0.4 1.3
Total 11.0 -0.7 -2.1 -1.5 2.1 2.4 -0.8 0.4 1.2 12.0
(Billion yen)
FY15/1Q results vs. FY16/1Q results
Explanation of Operating Income Deviation (2)
Item 15/1Q 15/2Q 15/3Q 15/4Q 16/1Q 16/2Qforecast
Crude Oil (Dubai) 100 81 67 50 70 77
Lead 100 93 89 90 87 88
Epoxy Resin 100 100 105 105 102 102
PET film 100 100 100 100 100 100
Methyl Metha Acrylate 100 96 92 93 90 90
Glass fabric 100 100 100 100 100 100
Copper foil 100 103 94 89 86 85
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Purchase price Trend (Main Materials)
10
(vs.FY15/1Q benchmark)
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(Notes) These materials contain projections based on information available at the time of formulation. Various factors may cause actual results in the future to differ. These materials may not be freely copied or redistributed without prior permission.