consolidated results - hitachi · item 15/1q 15/2q 15/3q 15/4q 16/1q 16/2q forecast crude oil...

© Hitachi Chemical Co., Ltd. 2011. All Rights Reserved. 0

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%


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.


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


FY16/1Q Revenue by Functional Materials (1)

vs.FY15/1Q benchmark


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)


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


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

© Hitachi Chemical Co., Ltd. 2016 All Rights Reserved. 9

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


Purchase price Trend （Main Materials）

10

(vs.FY15/1Q benchmark)


(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.

consolidated results - hitachi · item 15/1q 15/2q 15/3q 15/4q 16/1q 16/2q forecast crude oil...

Documents