Financial Highlights

Transcription

1 Fncil Highlights 12-month period ended Mr.31,2010 (Fiscl 2009) Notes: signs hed figures men mus.

2 Fiscl 2009 Permnce Overview em em Trends Trends The The umobile-relted umobile-relted field field ws ws lckluster lckluster erly erly 1Q, 1Q, but but showed showed distct distct recovery recovery through through ltter ltter hlf hlf 3Q, 3Q, trended trended upwrd upwrd on on volume volume bsis. bsis. Electronics-relted Electronics-relted dem dem ws ws stedy stedy on on bck bck contued contued robust robust dem dem Ls Ls semiconducrs, semiconducrs, prticulrly prticulrly si. si. In In dustril dustril frstructure frstructure field, field, cert cert products products F F entered entered recovery recovery trend, trend, despite despite lgerg lgerg effects effects cutbcks cutbcks cpitl cpitl vestment. vestment (73% (73% umobile-relted umobile-relted dem dem ws ws slow slow recover, recover, mkg mkg ecsts ecsts somewht somewht difficult difficult come come ( 1.8 ( 1.8 The The effect effect cuttg cuttg effect effect cresed cresed volume volume opertions opertions led led improvement improvement over over itil itil estimtes estimtes by by Segment Segment High-Grde High-Grde Metl Metl Products Products Mterils: Mterils: (73% (73% come come (+ ( lthough lthough ol ol steels steels rolls rolls felt felt impct impct venry venry djustments, djustments, lloys lloys electronic electronic products products cludg cludg L L semiconducrs semiconducrs robust. robust. Erngs Erngs cresed cresed s s result result cuttg. cuttg. Electronics Electronics evices: evices: (75% (75% come come ( 3.0 ( 3.0 Permnent Permnent mgnet mgnet firm firm both both household household pplince pplince umotive umotive secrs, secrs, lthough lthough morphous morphous metls metls fell fell s s dem dem hese hese mrket mrket cme cme ststill. ststill. Overll, Overll, erngs erngs cresed. cresed. High-Grde High-Grde Functionl Functionl omponents omponents Equipment: Equipment: (75% (75% come come (+ 0.5 (+ 0.5 million million Pipg Pipg components components felt felt impct impct ongog ongog restred restred vestments vestments Jpn, Jpn, while while cstg cstg components components umobiles umobiles robust robust overses overses mrkets. mrkets. Erngs Erngs cresed cresed s s result result cuttg. cuttg. Or Or pitl pitl vestments vestments ,, eprecition eprecition s s ,, R& R& expenses expenses ,, Invenries Invenries down down Mrch Mrch 31, 31, (end (end 9/2008: 9/2008: end end 3/2009: 3/2009: end end 3/2010: 3/2010: ), ), Free Free csh csh flows flows

3 Highlights 1H Fiscl 2007 Fiscl 2008 Fiscl 2009 Fiscl H Full Yer 1H 2H Full Yer 1H 3,463 3,548 7,011 3,537 2,370 5,907 1,953 (55%) come bee come txes ( 332) ( 384) come ( 210) pitl vestment eprecition s ( 111) ( 4) R& expenses ( 17) 2H 2,364 (100%) 168 (+314) 144 (+443) 78 (+261) 79 ( 162) 156 ( 9) 56 ( 8) Full Yer 4,317 (73%) 133 ( 18) 57 (+59) 19 (+49) 165 ( 273) 305 ( 13) 106 ( 25) 100 million, ( ): yer-on-yer 1H (Est.) 2,430 (124%) 154 (+189) 127 (+214) 64 (+121) 110 (+25) 140 ( 9) 65 (+15) Full Yer (Est.) 5,000 (116%) 330 ( +197) 270 (+213) 140 (+121) 230 (+65) 290 ( 15) 130 (+24)

4 FY09 onsolidted by Segment (73% High-Grde Metl Products Mterils (73% High-Grde Metl Products Mterils (73% Electronics evices (75% Electronics evices (75% High-Grde Functionl omponents Equipment (75% High-Grde Functionl omponents Equipment (75% *Recent onditions *Recent onditions High-Grde Metl Products Mterils High-Grde Metl Products Mterils Specilty steel lloys electronic products contued see robust both semiconducrs L Specilty steel lloys electronic products contued see robust both semiconducrs L use. Tool steels sw stedy recovery with elimtion distribution sck bsed on rel dem. use. Tool steels sw stedy recovery with elimtion distribution sck bsed on rel dem. em rolls hd contued decle due impct venry djustments, but rebounded 4Q. em rolls hd contued decle due impct venry djustments, but rebounded 4Q. Electronics evices Electronics evices Permnent mgnet firm P household pplince secr, while relted Permnent mgnet firm P household pplince secr, while relted environmentl countermesures, primrily EPS umobiles, held stedy. F-relted improved environmentl countermesures, primrily EPS umobiles, held stedy. F-relted improved grdully. mtion systems components decled on impct fcrs such s grdully. mtion systems components decled on impct fcrs such s pprecition yen. morphous metls (st mgnetic mterils) cme ststill s dem pprecition yen. morphous metls (st mgnetic mterils) cme ststill s dem hese mrket fell, but commenced new mrkets. hese mrket fell, but commenced new mrkets. High-Grde Functionl omponents Equipment High-Grde Functionl omponents Equipment In cstg components umobiles, ductile iron products robust, primrily United In cstg components umobiles, ductile iron products robust, primrily United Sttes, production volume Jpn, United Sttes South Kore surpssed ecsts. Sttes, production volume Jpn, United Sttes South Kore surpssed ecsts. HERUNE HERUNE cresed, mly Europe. lumum wheels contued be robust both Jpn cresed, mly Europe. lumum wheels contued be robust both Jpn United Sttes. em pipg components contued slump due effects cutbcks United Sttes. em pipg components contued slump due effects cutbcks cpitl vestment. cpitl vestment High-Grde Metl Products Mterils High-Grde Metl Products Mterils Electronics evices Electronics evices High-Grde Functionl omponents Equipment High-Grde Functionl omponents Equipment In ddition effect cuttg, effect cresed volume opertions led stedy In ddition effect cuttg, effect cresed volume opertions led stedy recovery 2Q. come second hlf 2009 mounted 16.8, n improvement recovery 2Q. come second hlf 2009 mounted 16.8, n improvement 31.4 second hlf first hlf second hlf first hlf /1Q (09/4-6) : High-Grde Metl Products Mterils /2Q (09/7-9) 1, : High-Grde Functionl omponents Equipment 242 : Electronics evices : Service Ors Elimted 0 09/3Q (09/10-12) 1, /4Q (10/1-3) 1, ( 100 million)

5 Forecst Results FY10 y Segment (116% FY2009 (ct.) FY2010 (Est.) 5,000 ( 100 million) High-Grde High-Grde Metl Metl Products Products Mterils Mterils (115% (115% Electronics Electronics evices evices (126% (126% High-Grde High-Grde Functionl Functionl omponents omponents Equipment Equipment (105% (105% Service Service Ors Ors Elimted Elimted em both umobile electronics-relted fields is expected recover em both umobile electronics-relted fields is expected recover stedily. Hitchi Metls sees venry djustments ol steels cert or stedily. Hitchi Metls sees venry djustments ol steels cert or products progressg, with dem cresg on n ctul dem bsis. products progressg, with dem cresg on n ctul dem bsis. From fiscl 2010, Hitchi Metls will shift its precision cstg components busess From fiscl 2010, Hitchi Metls will shift its precision cstg components busess subsidiry High-Grde Functionl omponents Equipment segment its subsidiry High-Grde Functionl omponents Equipment segment its High-Grde Metl Products Mterils segment. In so dog, synergies will be High-Grde Metl Products Mterils segment. In so dog, synergies will be generted with specilty steel busess eco-friendly products exped. generted with specilty steel busess eco-friendly products exped. High-Grde Metl Products Mterils Specilty Steel ompny Precision cstg components busess Effect on 12.0 High-Grde Functionl omponents Equipment umotive omponents ompny 1,416 1, ,317 1, ,480 1,300 2, : High-Grde Functionl omponents Equipment 90 : Electronics evices 125 : High-Grde Metl Products Mterils : Service Ors Elimted 65

6 FY09 onsolidted lnce Sheet (\100 million) 5, , ssets sh deposits Ors Receivbles Invenries Ors 5, hnge hnge /E /E rtio rtio ,302 1,901 1,255 Libilities, Mority Interests Shreholder s Equity ebts pyble corporte bonds Or libilities 5,180 1,707 1, ,160 property, plnt, equipment 1, ssets 2, Mority terests, etc. ssets 2, Intngible fixed 859 ssets 798 Investment Securities (468) Goodwill (440) Mr. 31, 2009 Mr. 31, Shreholders 1,942 equity 1,934 Mr. 31, 2009 Mr. 31,

7 onsolidted sh Flows ( 100 million) Item Fiscl 2008 Fiscl 2009 sh csh equivlents t begng period come bee tx djustments 2 57 eprecition s pitl vestment Or Free csh flow orrowgs ividend pyments, ors csh flow Effect exchnge rte chnges ors 32 1 sh csh equivlents t end period (Note) pitl vestment is bsed on receipt spection. FY08 results follow reclibrtion terest come, dividends terest pid.

8 (Reference) usess Segments High-Grde Metl Products Mterils Specilty Steel ompny Specilty Steel ompny Roll ompny Roll ompny Hitchi Tool Engeerg Group Hitchi Tool Engeerg Group Electronics evices NEOMX ompny NEOMX ompny Inmtion Systems omponents ompny St Mgnetic Mterils ompny St Mgnetic Mterils ompny High-Grde Functionl omponents Equipment umotive omponents ompny umotive omponents ompny Pipg omponents ompny Pipg omponents ompny Service Ors, Services ivision, Services ivision Or Mnufcturg ompny Or Mnufcturg ompny Hitchi Metls Techno Group Hitchi Metls Techno Group

9 This document conts wrd-lookg sttements, such s results ecsts mngement plns, which re not hisricl fcts. ll such wrd-lookg sttements bsed upon ll vilble mtion upon ssumptions projections tht deemed rtionl t time ompny prepred this document. hnges underlyg ssumptions or circumstnces could cuse ctul results differ substntilly. Fcrs cusg such differences clude, but re not limited, followg: hnges economic conditions regultions m mrkets where ompny opertes, prticulrly Jpn, United Sttes, si Europe Sudden chnges technologicl trends hnges competitive dvntge cpbilities ompny its subsidiries ffilites develop commercilize new products busesses Fluctution sttus conditions product mrkets, exchnge rtes or terntionl commodity mrkets hnges fncg environments pbility ompny its subsidiries ffilites cope with fluctutions product supply dem, sttus conditions product mrkets, exchnge rtes or terntionl commodity mrkets Protection ompny s tellectul property, securg licenses use tellectul property or prties hnges sttus llinces with or prties product development, etc. Fluctution Jpnese sck mrkets