Financial Results for the Fiscal Year 2018 Third Quarter

Transcription

1 Financial Results for the Fiscal Year 218 Third Quarter Code 7718 January 1, 218 * The projections in this document are based on information available at the time of release of this report and certain assumptions the Company considers reasonable. The Company does not promise that these projections will be achieved. Actual results may differ materially from projections due to a variety of factors.

2 Contents Overview of Fiscal 218 Third Quarter Financial Data Quarterly Information (Net Sales and Operating ) Segment Overview P2 P3 P5 Special Products P6 Machine Tools P7 Precision Products P8 Reference Business Segments and Products P9 1

3 Overview of Fiscal 218 Third Quarter Year-on-year sales and profits increased substantially Net Sales Operating Ordinary Net Attributable to Owners of Parent billion 23.6% up YoY 4.9 billion 54.2% up YoY 4.68 billion 9.2% up YoY 3.13 billion 44.8% up YoY Sales and profits rose sharply, supported by strong sales of machine tools. Star Micronics raised full-year forecasts again and made the decision to implement an additional share buyback. The cloud services business was overhauled (subsidiary dissolved). 2

4 Financial Data for Actual Third Quarter for Actual YoY Change Actual Full-Year Forecast (Revised) YoY Change Net Sales Special Products 8,467 8, ,81 12,2 1.1 Machine Tools 23,441 31, ,629 43, Precision Products 3,224 3,98 (3.9) 4,226 4,12 (2.5) Cloud Services* Total 35,134 43, ,937 59, Operating Special Products 1, , (13.9) 1, , Machine Tools 2, , , , Precision Products (.9) (8.7) Cloud Services* (266) - (195) - - (357) - (22) - - Eliminations or Corporate (1,722) (2,71) - (2,396) (2,72) - Total 2, , , , Ordinary 2, , , , Net Attributable to Owners of Parent 2, , , , *Cloud Services is included in Special Products in consolidated earning report and disclosure information. Exchange Rate Assumed Exchange Rate U S $ EUR GBP CHF

5 Financial Data Actual Actual Y o Y ~ Total ~ Total ~ Total Net Sales Special Products 2,77 2,842 2,854 8,467 2,953 2,922 3,35 8, Machine Tools 7,27 7,979 8,255 23,441 9,494 1,638 11,269 31,42 7, Precision Products 1,58 1,121 1,44 3,224 1,27 1,69 1,1 3,98 (126) (3.9) Cloud Services* Total 11,36 11,943 12,154 35,134 13,475 14,63 15,36 43,412 8, Operating Special Products , , (25) (13.9) Machine Tools , , , , , , , Precision Products (2) (.9) Cloud Services* (84) - (59) - (122) - (266) - (7) - (73) - (51) - (195) Eliminations or Corporate (59) (563) (568) (1,722) (673) (69) (77) (2,71) (348) - Total , , , , , , , Ordinary , , , , , , Net Attributable to Owners of Parent , , , , * Cloud Services is included in Special Products in consolidated earning report and disclosure information. Change 4

6 Quarterly Information (Net Sales and Operating ) Net Sales Net Sales Operating Operating 16, 15,36 3, 14,814 14,838 14,63 14,35 13,83 13,3 13,475 12,979 12,44 12,335 11,943 12,154 12, 11,36 1,438 2, 1,798 1,613 1,653 1,555 1,559 1,53 8, 1,2 1,322 1, ,12 1,189 1, 4, Q 4Q 4Q FY2/15 FY2/16 5

7 Special Products 4, 3, Sales Thermal and Others Dot Matrix 2,77 2,842 2,854 2,953 2,922 3,35 (Thousand Units) Sales Volume by Region America Europe Asia Domestic 2, 1, 2,319 2,446 2,416 2,66 2,565 2, Sales in the U.S. market decreased due to the impact of temporary inventory adjustments by sales agents. Sales in the European market increased due to recovery trend in market conditions mainly in developed countries. Sales in the Asian market declined due to sluggish sales of dot impact printers in China. Sales in Japanese market increased on the back of robust mpos-related sales. 4, 3, 2, 1, 2,77 1, ,842 1, Sales by Region 2,854 1, ,953 1, ,922 1, ,35 1, America Europe Asia Domestic The above comments relate to the first three quarters of fiscal 218 6

8 Machine Tools Sales (Units) Sales Volume by Region Overseas Domestic 12, 7,979 7,27 8, 4, 6,978 6,349 8,255 7,147 9,494 8,155 1,638 8,948 11,269 9,636 1, America Europe Asia Domestic 858 1, 1,17 1,338 The above comments relate to the first three quarters of fiscal 218 1,69 1,632 Sales in the U.S. market increased substantially mainly in the medical equipment-related sector. Sales grew substantially in the European market. This growth largely reflected sustained capital investment mainly in automotiverelated sectors. In the Asian market, sales of lathes were strong in the automotive, communication and medical equipment-related sectors, centered on China Sales were healthy in the automotive sector in Japan, supporting a steep rise in overall sales of CNC automatic lathes. 12, 8, 4, 7,27 1,412 2,689 2, Sales by Region 7,979 1,656 8,255 1,837 9,494 1,886 3,168 2,866 3,22 2,455 2,287 3,11 1, 1,17 1,338 1,638 2,117 3,581 3,25 1,69 11,269 2,18 3,848 3,769 1,632 America Europe Asia Domestic 7

9 Precision Products Sales Sales of Non-wristwatch Components Non-wristwatch Components Wristwatch Components 1, ,121 1, , , , , Automotive Medical HDD Air Conditioning OA Electronic Parts and Others Sales of wristwatch components were steady compared with the corresponding period of the previous fiscal year, despite an impact from production adjustments at wristwatch makers in the first half of the fiscal year. Sales of non-wristwatch declined. Despite robust sales trends in medical-related components, this result was largely attributable to the decline in automotive and HDD components. The above comments relate to the first three quarters of fiscal 218 8

10 Reference:Business Segments and Products Special Products Machine Tools Precision Products Wristwatch Components Cash Drawer and Receipt Printer mpop CNC Swiss Type Automatic Lathe SV-2R Non-Wristwatch Components (Automotive, Air Conditioning, HDD and Medical Components) POS Printer TSP1III CNC Swiss Type Automatic Lathe SR-38 type B (Automotive Components) Mobile Printer SM-L2 CNC Swiss Type Automatic Lathe SR-32JII type B 9