Second Quarter of FY2015.3 Performance Outline

Second Quarter of FY2015.3 Performance Outline
October 31, 2014
(billions of yen)
Net Sales
Japan Sales
Overseas Sales
Operating Income
Ordinary Income
Net Income
Currency Exchange Rate
(Settlement Rate) (=yen)
ROE (*1)
ROA (*2)
Earnings per Share
Capital Expenditure
(Depreciation)
R&D Expenditure
Cash Flows
Operating Activities
Investing Activities
Total
Inventories at End of Period
Number of Employees
Japan
Overseas
Total (*3)
（Changes from the changes in
the scope of consolidation）
Temporary Staff
(average during the period)
Six Months Results
Six Months Results
Ended Sept. 30, 2013
(Previous Year)
Ended Sept. 30, 2014
Results
Projections
(Previous Year)
(Full Year)
Initial Projections
(Full Year)
(announced on July 31, 2014)
FY2015.3
FY2014.3
FY2015.3
FY2014.3
FY2015.3
197.7
206.4
410.3
430.0
430.0
82.3 (41.6%)
78.5 (38.0%)
167.9 (40.9%)
164.8 (38.3%)
167.2 (38.9%)
115.4 (58.4%)
127.9 (62.0%)
242.4 (59.1%)
265.2 (61.7%)
262.8 (61.1%)
13.7 (6.9%)
15.1 (7.3%)
26.0 (6.3%)
29.0 (6.7%)
29.0 (6.7%)
13.5 (6.8%)
15.1 (7.3%)
26.1 (6.4%)
28.0 (6.5%)
28.0 (6.5%)
12.5 (6.3%)
10.8 (5.2%)
22.9 (5.6%)
19.0 (4.4%)
21.0 (4.9%)
(*4)
98/US$
103/US$
100/US$
104/US$
101/US$
125/EUR
140/EUR
129/EUR
138/EUR
136/EUR
10.6%
7.6%
9.2%
6.6%
7.5%
6.1%
4.6%
5.5%
4.2%
4.7%
64.6 yen
55.7 yen
118.3 yen
98.1 yen
108.5 yen
4.9
6.7
10.8
13.6
13.6
(6.0)
(5.9)
(12.8)
(12.6)
(13.1)
10.7
12.1
22.6
25.3
25.3
4.3
-2.5
1.8
90.5
6.5
-7.1
-0.6
94.7
33.2
-23.0
10.3
82.7
33.5
-12.6
20.9
82.1
33.5
-12.6
20.9
82.5
6,991
12,901
19,892
6,719
13,438
20,157
6,830
13,021
19,851
6,600
13,500
20,100
6,700
13,600
20,300
(46)
(266)
(46)
(270)
(290)
8,604
7,772
7,863
7,700
7,200
Sales by Business Segment
Musical Instruments
Audio Equipment
Electronic Devices
Others
Operating Income by
Business Segment
Musical Instruments
Audio Equipment
Electronic Devices
Others
126.9
48.7
10.1
11.9
(64.2%)
(24.7%)
(5.1%)
(6.0%)
136.1
50.8
7.5
12.0
(65.9%)
(24.6%)
(3.7%)
(5.8%)
262.3
105.5
18.8
23.7
9.6
2.6
1.2
0.3
14.1
2.0
-0.9
-0.1
19.7
5.9
0.8
-0.4
119.7
7.0
12.7
14.0
125.8
7.6
14.5
13.8
223.7
8.1
15.5
17.7
(63.9%)
(25.7%)
(4.6%)
(5.8%)
277.5
112.0
14.5
26.0
24.0
6.0
-1.5
0.5
(64.5%)
(26.1%)
(3.4%)
(6.0%)
274.5
112.0
17.5
26.0
(63.8%)
(26.1%)
(4.1%)
(6.0%)
22.5
6.0
0
0.5
Non-Consolidated Basis
Net Sales
Operating Income
Ordinary Income
Net Income
(5.8%)
(10.6%)
(11.7%)
(6.0%)
(11.5%)
(10.9%)
(3.6%)
(6.9%)
(7.9%)
＊1, 2 The ROE and ROA for the interim period are calculated on an annually adjusted basis.
＊3　Number of Employees = Number of full-time staff at end of the period
＊4　2H Currency Exchange Rates US$=105JPY EUR=135JPY
Consolidated financial forecasts were prepared based on information available at the time of the announcement and do not represent promises by the
Company or its management that these performance figures will be attained.
Actual consolidated results may differ from forecasts owing to a wide range of factors.