Supplementary data (PDF: 65KB)

Supplementary data for the 1st Half FY March 2007
(April 1, 2006 – September 30, 2006)
October 30, 2006
Corporate Communications Dept.
1H, FY March 2007
1
Cautionary Statements with Respect to
Forward-Looking Statements
This
Thismaterial
materialcontains
containsforward-looking
forward-lookingstatements,
statements,including
includingprojections,
projections,plans,
plans,policies,
policies,
management
strategies,
targets,
schedules,
understandings
and
evaluations,
about
management strategies, targets, schedules, understandings and evaluations, aboutTDK
TDKand
anditsits
group
groupcompanies
companies(TDK
(TDKGroup).
Group). These
Theseforward-looking
forward-lookingstatements
statementsare
arebased
basedon
onthe
thecurrent
current
forecasts,
forecasts,estimates,
estimates,assumptions,
assumptions,plans,
plans,beliefs
beliefsand
andevaluations
evaluationsofofTDK
TDKGroup
Groupininlight
lightofof
information
informationcurrently
currentlyavailable
availabletotoit,it,and
andcontain
containknown
knownand
andunknown
unknownrisks,
risks,uncertainties
uncertaintiesand
andother
other
factors.
factors.TDK
TDKGroup
Grouptherefore
thereforewishes
wishestotocaution
cautionreaders
readersthat,
that,being
beingsubject
subjecttotorisks,
risks,uncertainties
uncertainties
and
andother
otherfactors,
factors,TDK
TDKGroup’s
Group’sactual
actualresults,
results,performance,
performance,achievements
achievementsororfinancial
financialposition
position
could
couldbe
bematerially
materiallydifferent
differentfrom
fromany
anyfuture
futureresults,
results,performance,
performance,achievements
achievementsororfinancial
financial
position
positionexpressed
expressedororimplied
impliedby
bythese
theseforward-looking
forward-lookingstatements,
statements,and
andTDK
TDKGroup
Groupundertakes
undertakesno
no
obligation
to
publicly
update
or
revise
any
forward-looking
statements
after
the
issue
of
this
material
obligation to publicly update or revise any forward-looking statements after the issue of this material
except
exceptas
asprovided
providedfor
forininlaws
lawsand
andordinances.
ordinances.
The
electronics
markets
in
which
TDK
The electronics markets in which TDKGroup
Groupoperates
operatesare
arehighly
highlysusceptible
susceptibletotorapid
rapidchanges.
changes.
Risks,
uncertainties
and
other
factors
that
can
have
significant
effects
on
TDK
Group
include,
Risks, uncertainties and other factors that can have significant effects on TDK Group include,but
but
are
arenot
notlimited
limitedto,
to,shifts
shiftsinintechnology,
technology,fluctuations
fluctuationsinindemand,
demand,prices,
prices,interest
interestand
andforeign
foreignexchange
exchange
rates,
rates,and
andchanges
changesinineconomic
economicenvironments,
environments,conditions
conditionsofofcompetition,
competition,laws
lawsand
andregulations.
regulations.
1H, FY March 2007
2
Sales by major customer industry
(Electronic materials and components segment)
1st Half, FY Mar. ‘07
Year on Year Sales Weight
IT Home Electronics
Plus
17%
68%
High-Speed, Large Capacity Networks Plus
25%
9%
Car Electronics
Plus
9%
8%
Others
Plus
17%
15%
Electronic materials and components (ex. Lambda Power)
1H, FY March 2007
3
Capital expenditures, Depreciation and amortization, Research and development
October 30, 2006
Unit:Yen millions
FY March 2006
[Results]
FY March 2007
FY March 2007
Projections Jul. 27 '06 Projections Oct. 30 '06
Capital
expenditures
73,911
70,000
70,000
Depreciation and
amortization
58,540
62,000
62,000
Research and
development
45,528
47,000
47,000
(Share of net sales)
<Net sales>
5.7%
795,180
5.7%
820,000
1H, FY March 2007
5.7%
820,000
4
Consolidated results and projections
Unit:Yen millions,%
FY March 2006
[Results]
(Yen mill.)
(%)
FY March 2007
October 30, 2006
FY March 2007
Projections Jul. 27 '06 Projections Oct. 30 '06 Y on Y growth
(Yen mill.)
(%)
(Yen mill.)
(%)
(%)
795,180
100.0%
820,000
100.0%
820,000
100.0%
3.1%
687,750
86.5%
718,000
87.6%
718,000
87.6%
4.4%
Electronic materials
180,766
22.7%
196,700
24.0%
195,000
23.8%
7.9%
Electronic devices
154,680
19.5%
191,700
23.4%
190,000
23.2%
22.8%
Recording devices
315,928
39.7%
289,000
35.2%
293,000
35.7%
-7.3%
36,376
4.6%
40,600
5.0%
40,000
4.9%
10.0%
107,430
13.5%
102,000
12.4%
102,000
12.4%
-5.1%
Operating income
60,523
7.6%
82,000
10.0%
82,000
10.0%
35.5%
Income before income
taxes
66,103
8.3%
88,000
10.7%
88,000
10.7%
33.1%
Net income
44,101
5.5%
61,000
7.4%
61,000
7.4%
38.3%
Net sales
Electronic materials and
components
Other electronic components
Recording media
Exchange rate (U.S.$=Yen)
113
111
1H, FY March 2007
113
An average exchange rate of Yen110=US$1
for the 2nd Half FY March 2007.
5
Sales (Yen million)
Sales and Operating income ratio
250,000
15.0%
200,000
12.0%
150,000
9.0%
100,000
6.0%
50,000
3.0%
0
Sales
Operating income ratio
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
0.0%
160,265 174,218 166,143 167,422 182,965 222,654 222,139 203,640 221,198
8.3%
9.9%
FY Mar. 05
8.9%
7.7%
8.3%
9.6%
FY Mar. 06
1H, FY March 2007
5.0%
8.8%
9.2%
FY Mar. 07
6
Share of sales by products(2Q of FY Mar. 07)
Other electronic
components
7%
Recording
devices
36%
Electronic
materials
23%
Sales and Operating income ratio of
Electronic materials and components
Electronic
devices
23%
Sales (Yen millions)
Recording
media
11%
250,000
15.0%
200,000
12.0%
150,000
9.0%
100,000
6.0%
50,000
3.0%
0
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
0.0%
131,282 143,746 140,382 143,328 157,392 192,091 194,939 180,131 196,576
Sales
Operating income ratio
11.8%
13.6%
12.2%
FY Mar. 05
1H, FY March 2007
10.7%
10.7%
11.6%
FY Mar. 06
10.2%
10.9%
10.6%
FY Mar. 07
7
Share of sales by products(2Q of FY Mar. 07)
Other electronic
components
7%
Recording
devices
36%
Electronic
materials
23%
Electronic
devices
23%
Sales of Electronic materials
60,000
Sales (Yen millions)
Recording
media
11%
50,000
40,000
30,000
20,000
10,000
0
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
Sales 46,273 43,002 40,762 41,047 45,042 47,613 47,064 47,666 51,047
FY Mar. 05
1H, FY March 2007
FY Mar. 06
FY Mar. 07
8
Share of sales by products(2Q of FY Mar. 07)
Other electronic
components
7%
Recording
devices
36%
Electronic
materials
23%
Electronic
devices
23%
Sales of Electronic devices
60,000
Sales (Yen millions)
Recording
media
11%
50,000
40,000
30,000
20,000
10,000
0
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
Sales 29,263 30,571 28,305 28,687 32,265 46,979 46,749 46,351 50,231
FY Mar. 05
1H, FY March 2007
FY Mar. 06
FY Mar. 07
9
Share of sales by products(2Q of FY Mar. 07)
Other electronic
components
7%
Recording
devices
36%
Electronic
materials
23%
Electronic
devices
23%
Sales of Recording devices
100,000
Sales (Yen millions)
Recording
media
11%
80,000
60,000
40,000
20,000
0
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
Sales 51,170 65,351 65,894 68,464 71,824 85,736 89,904 73,788 80,267
FY Mar. 05
1H, FY March 2007
FY Mar. 06
FY Mar. 07
10
Share of sales by products(2Q of FY Mar. 07)
Other electronic
components
7%
Recording
devices
36%
Electronic
materials
23%
Electronic
devices
23%
Sales of Other electronic components
20,000
Sales (Yen millions)
Recording
media
11%
10,000
0
2Q
Sales 4,576
3Q
4Q
4,822 5,421
1Q
5,130
FY Mar. 05
1H, FY March 2007
2Q
3Q
4Q
1Q
2Q
8,261 11,763 11,222 12,326 15,031
FY Mar. 06
FY Mar. 07
11
Share of sales by products(2Q of FY Mar. 07)
Other electronic
components
7%
Recording
devices
36%
Electronic
materials
23%
Sales and Operating income ratio of Recording media
40,000
0.0%
30,000
-10.0%
20,000
-20.0%
10,000
-30.0%
Electronic
devices
23%
Sales (Yen millions)
Recording
media
11%
0
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
Sales
28,983
30,472
25,761
24,094
25,573
30,563
27,200
23,509
24,622
Operating income ratio
-7.3%
-7.6%
-9.1%
-10.4%
-6.7%
-3.0%
-31.9%
-7.0%
-2.7%
FY Mar. 05
1H, FY March 2007
FY Mar. 06
-40.0%
FY Mar. 07
12