Supplementary data (PDF: 103KB)

Supplementary data for 1Q of FY March 2009
(April 1, 2008 – June 30, 2008)
July 31, 2008
Corporate Communications Dept.
FY March 2009 (July 31, 2008)
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
managementstrategies,
strategies,targets,
targets,schedules,
schedules,understandings
understandingsand
andevaluations,
evaluations,about
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.
TDK
Group
therefore
wishes
to
caution
readers
that,
being
subject
to
risks,
uncertainties
factors. TDK Group therefore wishes to caution readers that, being subject to risks, 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
undertakes
no
noobligation
obligationtotopublicly
publiclyupdate
updateororrevise
reviseany
anyforward-looking
forward-lookingstatements
statementsafter
afterthe
theissue
issueofofthis
this
material
except
as
provided
for
in
laws
and
ordinances.
material except as provided for in laws and ordinances.
The
Theelectronics
electronicsmarkets
marketsininwhich
whichTDK
TDKGroup
Groupoperates
operatesare
arehighly
highlysusceptible
susceptibletotorapid
rapidchanges.
changes.
Risks,
Risks,uncertainties
uncertaintiesand
andother
otherfactors
factorsthat
thatcan
canhave
havesignificant
significanteffects
effectson
onTDK
TDKGroup
Groupinclude,
include,but
but
are
arenot
notlimited
limitedto,
to,shifts
shiftsinintechnology,
technology,fluctuations
fluctuationsinindemand,
demand,prices,
prices,interest
interestand
andforeign
foreign
exchange
exchangerates,
rates,and
andchanges
changesinineconomic
economicenvironments,
environments,conditions
conditionsofofcompetition,
competition,laws
lawsand
and
regulations.
regulations.
FY March 2009 (July 31, 2008)
2
Sales by major customer industry
Year on Year Sales Weight
IT Home Electronics
Plus
0%
61%
High-Speed, Large Capacity Networks Plus
22%
12%
1%
9%
Minus 13%
18%
Car Electronics
Others
Plus
Excluding Sales of Recording Media
FY March 2009 (July 31, 2008)
3
Capital expenditures, Depreciation and amortization, Research and development
July 31, 2008
FY March 2008
[Results]
FY March 2009
FY March 2009
Projections Apr. 28, '08
Projections Jul. 31, '08
Capital
expenditures
84.3
70.0
70.0
Depreciation and
amortization
71.3
77.0
77.0
Research and
development
57.4
57.0
57.0
6.6%
6.5%
6.6%
Unit:Yen billions
(Share of net sales)
<Net sales>
866.3
880.0
FY March 2009 (July 31, 2008)
862.0
4
Consolidated results and projections
Unit:Yen billions,%
Net sales
July 31, 2008
FY March 2008
[Results]
FY March 2009
FY March 2009
Projections Apr. 28, '08
Projections Jul. 31, '08
(Yen bill.)
(Yen bill.)
(Yen bill.)
(%)
(%)
(%)
Y on Y growth
(%)
866.3
100.0%
880.0
100.0%
862.0
100.0%
-0.5%
Electronic materials
200.1
23.1%
208.0
23.6%
202.5
23.5%
1.2%
Electronic devices
24.1%
37.4%
223.5
316.5
25.9%
38.6%
225.0
329.0
25.6%
Recording devices
209.1
334.7
36.7%
6.9%
-5.4%
Others
122.4
14.2%
118.0
13.4%
119.5
13.9%
-2.3%
Operating income
87.2
10.1%
80.0
9.1%
69.0
8.0%
-20.8%
Income before income taxes
91.5
10.6%
85.5
9.7%
73.5
8.5%
-19.7%
Net income
71.5
8.2%
65.0
7.4%
55.5
6.4%
-22.3%
Exchange rate (U.S.$=Yen)
114
100
FY March 2009 (July 31, 2008)
101
*
An average yen-U.S. dollar exchange rate of
Yen100 is assumed from the second quarter of
fiscal 2009.
5
Sales (Yen billion)
Sales and Operating income ratio
250
15.0%
200
12.0%
150
9.0%
100
6.0%
50
3.0%
0
Sales
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
0.0%
203.6 221.2 223.3 213.9 206.7 226.4 225.3 207.9 190.6
Operating income ratio 8.8% 9.2% 10.4% 8.5% 7.8% 13.7% 11.9% 6.4% 2.8%
FY Mar. 07
FY Mar. 08
FY March 2009 (July 31, 2008)
FY Mar. 09
6
Share of sales by products (1Q of FY Mar. '09)
Others
12%
Electronic
materials
24%
Recording
devices
Electronic
devices
26%
38%
Sales of Electronic materials
Sales (Yen billions)
60
50
40
30
20
10
0
Sales
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
47.7
51.0
50.3
50.2
49.7
53.1
51.4
45.9
45.7
FY Mar. 07
FY March 2009 (July 31, 2008)
FY Mar. 08
FY Mar. 09
7
Share of sales by products (1Q of FY Mar. '09)
Others
12%
Electronic
materials
24%
Recording
devices
Electronic
devices
26%
38%
Sales of Electronic devices
Sales (Yen billions)
60
50
40
30
20
10
0
Sales
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
46.4
50.2
50.5
51.1
50.0
54.5
53.3
51.4
48.7
FY Mar. 07
FY March 2009 (July 31, 2008)
FY Mar. 08
FY Mar. 09
8
Share of sales by products (1Q of FY Mar. '09)
Others
12%
Electronic
materials
24%
Recording
devices
Electronic
devices
26%
38%
Sales of Recording devices
Sales (Yen billions)
100
80
60
40
20
0
Sales
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
73.8
80.3
76.8
74.0
70.4
86.5
89.9
87.9
72.4
FY Mar. 07
FY March 2009 (July 31, 2008)
FY Mar. 08
FY Mar. 09
9
Share of sales by products (1Q of FY Mar. '09)
Others
12%
Electronic
materials
24%
Recording
devices
Electronic
devices
26%
38%
Sales of Others
Sales (Yen billions)
50
40
30
20
10
0
Sales
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
35.8
39.7
45.6
38.6
36.6
32.4
30.7
22.7
23.8
FY Mar. 07
FY March 2009 (July 31, 2008)
FY Mar. 08
FY Mar. 09
10
Sales and Operating income ratio of Recording media
Sales
(Yen billions)
Information
2Q of FY Mar. 08
exc. 14.922 bill JPY
Gain on business transfer to
Imation Corp.
Sales
50
10.0%
40
0.0%
30
-10.0%
20
-20.0%
10
-30.0%
0
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
23.5
24.6
28.7
26.4
21.3
13.4
7.6
5.9
-2.7%
0.5%
-0.1%
-7.0% -17.4% -2.9%
Operating income ratio -7.0%
FY Mar. 07
FY March 2009 (July 31, 2008)
-40.0%
5.3%
FY Mar. 08
11