november 5, 2012 · 2020-08-10 · consolidated income statement 3 analysis of net sales by...

November 5, 2012

http://www.ohashi.co.jp

Consolidated Income Statement 3 Analysis of Net Sales by Regional Segment 4 Analysis of Net Sales by Products Segment 5 Analysis of Operating Income by Regional Segment 6 Analysis of Operating Income by Products Segment 7 Net Sales and Operating Income Quarterly 8 Balance Sheet 9 Cash Flows 10 Capital Expenditures , Depreciation , R&D Expenses 11 Main Customer 12 Fiscal 2012 (Forecast) 13

OHASHI TECHNICA INC. 2

Outline

OHASHI TECHNICA INC. 3

Consolidated Income Statement \,million

2nd Quarter ,Fiscal 2012

2nd Quarter ,Fiscal 2011

Change Change(%)

Net sales 17,628 14,764 2,864 119.4%

Operating income 1,040 631 409 164.8%

Ordinary income 1,013 633 380 160.1%

Net income 629 303 326 207.2%

yen

Net income per share 40.29 19.44 20.85 207.3%

Exchange rate（average）

USDJPY 79.74 82.04 △ 2.30 △2.8%THBJPY 2.56 2.70 △ 0.14 △5.2%GBPJPY 125.71 132.59 △ 6.88 △5.2%CNYJPY 12.65 12.56 0.09 0.7%

3

OHASHI TECHNICA INC.

14,764

+ 989 + 1,398

△ 91 + 397 +172

17,628

0

5,000

10,000

15,000

20,000

0

5,000

10,000

15,000

20,000

2Q,Fiscal 2011 2Q,Fiscal 2012

Analysis of Net Sales by Regional Segment

+2,864

Japan

North America Asean China

Europe

（¥ million）

2Q.Fiscal 2012

2Q.Fiscal 2011

Change Change

（％）

Japan 10,587 9,598 989 110.3%

North Amerika 4,030 2,632 1,398 153.1%

Asean 1,212 1,303 △ 91 93.0%

China 1,163 766 397 151.8%

Europe 634 462 172 137.0%

Total 17,628 14,764 2,864 119.4%

（¥ million）

OHASHI TECHNICA INC.

Analysis of Net Sales by Products Segment

(IT & Comm.)

(Foreign exchange)

（¥,million）

Ｅｘｃｈａｎｇｅ Ｒａｔe（Average）

（\　million）

Change Change(%)

17,074 3,093 122.1% 13,981

554 △ 229 70.8% 783

17,628 2,864 119.4% 14,764Total

Automotive

Other

2ndQuarter,Fiscal

2011

2nd Quarter,Fiscal 2012

USDJPY 79.74 82.04THBJPY 2.56 2.70GBPJPY 125.71 132.59CNYJPY 12.65 12.56

2Q, FY2012

2Q, FY2011

OHASHI TECHNICA INC.

+ 131

+ 30△ 95

631

+ 324

+ 172 △ 153

+ 131

1,040

0

200

400

600

800

1,000

1,200

0

200

400

600

800

1,000

1,200

2Q,Fiscal

2011

2Q,Fiscal

2012

Analysis of Operating Income

by Regional Segment

+409

Japan

Asean China

Europe

North America

Consolidatedadjustment

2Q.Fiscal

2012

2Q.Fiscal

2011 Change

Change

（％）

Japan 803 479 324 167.7% North America 199 27 172 722.3%

Asean △ 17 136 △ 153 - China 91 △ 40 131 - Europe 20 △ 10 30 - Consolidated

Adjustment △ 56 39 △ 95 -

Total 1,040 631 409 164.8%

（¥ million）

OHASHI TECHNICA INC.

【Cost improvement】 ・Packing fare +70

・Depreciation expense +29

Ｅｘｃｈａｎｇｅ Ｒａｔe（Average）

OHASHI TECHNICA INC.

7,249 7,515 8,471 8,269 8,804 8,824

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

1Q,FY2011 2Q,FY2011 3Q,FY2011 4Q,FY2011 1Q,FY2012 2Q,FY2012

（ ¥,million）

Net Sales

303 328

551

350

494 546

0

100

200

300

400

500

600

1Q,FY2011 2Q,FY2011 3Q,FY2011 4Q,FY2011 1Q,FY2012 2Q,FY2012

（ ¥,million

）

Operating Income

OHASHI TECHNICA INC.

Balance Sheet

March 31,2012 September 30, 2012

Shareholders equity per total assets

（52.7％） Shareholders equity per total assets

（54.1％）

(¥,million)

26,269

+507

Total assets

26,776 ¥ millions

19,784

11,969

Noncurrent Assets

6,991

Current Assets

Liabilities

Net Assets

14,806

OHASHI TECHNICA INC.

Capital Expenditures,Depreciation,R&D Expenses

OHASHI TECHNICA INC. 11

(\,million)

2Q,Fiscal 2012 2Q,Fiscal 2011 Change(%)Fiscal 2012(forecast)

CapitalExpenditures 645 321 200.8% 1,200

Depreciation 365 394 92.6% 800

R&D Expenses 54 34 158.8% 100

OHASHI TECHNICA INC. 12

Main Customer

Ranking FY 2010 FY 2011 2Q,FY 2012

1 Hino Motors., Ltd. Hino Motors., Ltd. Hino Motors., Ltd.

2 Denso Corporation Denso Corporation Denso Corporation

3 Honda Motor Co., Ltd. Honda Motor Co., Ltd. Honda Motor Co., Ltd.

4 Nissan Motor Co., Ltd. Nissan Motor Co., Ltd. Nissan Motor Co., Ltd.

5 AISIN SEIKI Co., Ltd. MITSUBISHI FUSO TRUCK & BUS CORPORATION TOYOTA MOTOR CORPORATION

6 TOYOTA MOTOR CORPORATION AISIN SEIKI Co., Ltd. AISIN SEIKI Co., Ltd.

7 Hitachi Automotive Systems Ltd. TOYOTA MOTOR CORPORATION MITSUBISHI FUSO TRUCK & BUS CORPORATION

8 MITSUBISHI FUSO TRUCK & BUS CORPORATION ISUZU MOTORS LIMITED JATCO Ltd

9 ISUZU MOTORS LIMITED Hitachi Automotive Systems Ltd. ISUZU MOTORS LIMITED

10 TS TECH Ltd. Takebe Co., Ltd. Hitachi Automotive Systems Ltd.

OHASHI TECHNICA INC. 13

Fiscal 2012 (Forecast) \,million

Fiscal 2012(Forecast)

Fiscal 2011 Change Change(%)

Net sales 35,000 31,504 3,496 111.1%

Operating income 1,800 1,532 268 117.4%

Ordinary income 1,800 1,527 273 117.8%

Net income 1,050 708 342 148.2%

Net income per share 67.19 45.34 21.85 148.2%