FY2015 Financial Results ended March 31, 2015 April 28, 2015 This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Overview of FY2015 Financial Results 01 / 38 1. Sales increased due to production volume increase 1. Sales increased due to production volume increase overseas. Income decreased due to investment for future overseas. Income decreased due to investment for future growth and establishment cost overseas growth and establishment cost overseas 2. Annual dividend per share is 110 yen 2. Annual dividend per share is 110 yen (increased by 5 yen from the previous year) (increased by 5 yen from the previous year) 3. Sales and Income will increase in FY2016 3. Sales and Income will increase in FY2016 This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
FY2015 Financial Results 02 / 38 (Ratio to Sales) (Unit: Billions of Yen) FY2015 FY2015 FY2014 FY2014 Change Change Sales 4,308.8 4,308.8 4,095.9 4,095.9 + 212.8 + 212.8 +5.2% +5.2% Operating 355.1 355.1 377.7 377.7 -22.6 -22.6 -6.0% -6.0% (8.2%) (9.2%) Income Income before 427.2 427.2 418.6 418.6 +8.6 +8.6 +2.1% +2.1% (10.2%) (9.9%) Income Taxes Net Income 293.1 293.1 287.4 287.4 +5.7 +5.7 +2.0% +2.0% (6.8%) (7.0%) (Unit: Millions of Units) JPY 100/$ JPY 100/$ JPY 110/$ JPY 110/$ Foreign JPY+10 JPY+10 Exchange Rate JPY 139/Euro JPY 139/Euro JPY134/Euro JPY134/Euro JPY+5 JPY+5 Domestic Car 9.21 9.21 9.49 9.49 - 0.28 - 0.28 -3.0% -3.0% Production Overseas Car 18.34 18.34 17.70 17.70 + 0.64 + 0.64 +3.6% +3.6% Production of Japanese Manufacturers （ 6.00 ） （ 6.00 ） （ 5.43 ） （ 5.43 ） （ +0.57 ） （ +0.57 ） （ +10.5% ） （ +10.5% ） (North America) This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Change in FY2015 Consolidated Sales(By Customer) 03 / 38 OE Sales for others (Unit: Billions of Yen) ( ):Change from FY14 After-market,New 1,821.7 business&Others (+10.8%) 455.5 1,800 1,644.6 11.1% OE Sales Toyota (+6.6%) Others 1,600 445.1 FY14 for Group others 4,095.91,995.8 417.4 1,400 Isuzu (-5.5%) 51.5 (+ 11.2%) Nissan 1,644.6 57.3 48.7% Fuji (+ 5.4%) 74.7 1,200 54.5 40.2% 85.8 VW ・ AUDI (+13.4%) 51.5 70.9 90.4 Fiat (+ 7.2%) 75.7 1,000 Ford (+7.8%) After-market, 103.7 84.3 New business&Others Mazda 105.4 (+21.2%) (+5.4%) 96.1 480.0 800 108.1 Suzuki (+8.1%) 86.9 11.1% OE 100.0 (+ 31.4%) 117.4 Chrysler Sales Toyota 600 for 89.3 Group FY15 GM 129.9 (+9.8%) others 118.4 4,308.8 400 Hyundai/Kia (+23.2%) 140.7 2,007.1 1,821.7 114.2 46.7% 42.2% 200 (+0.6%) 311.6 285.4 Honda (+9.2%) (+10.8%) 0 FY14 FY15 '13/3 '14/3 This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Change in FY2015 Consolidated Sales （ By Product ) 04 / 38 (Unit: Billions of Yen) ( ):Change from FY14 4,308.8 4,095.9 (+ 12.5%) 133.8 Others 119 114.3 (+9.2%) Climate, Cooling and Heating 4,000 104.7 302.3 Small Motors (+5.4%) 287 Electronic 373.2 (-2.5%) 383 Information 626.6 3,000 & Safety Systems (-0.3%) 629 1,229.5 1,141 Thermal 2,000 (+ 7.8%) 1,000 １ ,529.0 Powertrain 1,433 (+6.7%) Control 0 '14/3 '15/3 FY15 FY14 This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Change in FY2015 Operating Income 05 / 38 (Unit: Billions of Yen) +18.0 +36.0 Production volume increase Variable -33.0 355.1 cost Labor reduction -27.7 +40.0 cost -12.0 Depre -8.0 Currency Raw -ciation exchange Material Expense gain ｰ 35.9 cost 377.7 Others Operating (Start-up Income cost,Mix) Operating Income FY15 FY14 This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Change in FY2015 Geographical Segments by Company Location 06 / 38 (Unit: Billions of Yen) Operating [ ]: Ratio to Sales 2,717.6 Sales 2,000 Income 240 283.3 2,800 300 2,663.5 [10.4%] 220 280 1,800 2,600 -2.0% -20.5 ％ 260 200 2,400 1,600 225.2 180 240 [8.5%] 1,400 +11.3% 160 220 +18.4% 1,200 140 1,049.7 966.5 943.1 1,000 120 816.6 +11.2% +4.9% 100 800 74.7 71.2 554.8 80 +163.9% [7.1%] [7.6%] 600 498.9 60 38.7 -0.7 ％ +36.6% 400 [4.0%] 40 16.9 74.3 14.7 12.4 200 [3.0%] 73.8 20 0.4 0.0 [1.8%] [2.5%] [0.0%] [0.6%] 0 0 FY14 FY15 日本 北米 欧州 豪亜 その他 FY14 FY15 日本 北米 欧州 豪亜 その他 North Asia & Japan Europe Others North Asia & America Oceania Japan Europe Others America Oceania This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Change in FY2015 Geographical Segments by Company Location （ Local Currency Base) 07 / 38 (Unit: Billions of Yen) Operating [ ]: Ratio to Sales 2,717.6 Sales 2,000 Income 283.3 240 2,800 300 2,663.5 [10.4%] 220 280 1,800 2,600 -2.0% -20.5 ％ 200 260 1,600 2,400 225.2 180 240 [8.5%] 1,400 +2.9% 160 220 +8.9% 1,200 140 970.1 943.1 889.1 1,000 120 816.6 +8.0% -3.3% 100 800 71.2 68.9 539.0 80 [7.6%] [7.1%] 600 +139.7% 498.9 +33.2% 60 +3.2 ％ 35.2 400 [4.0%] 40 16.5 74.3 14.7 12.4 200 [3.1%] 76.7 [1.8%] 20 0.6 0.0 [2.5%] [0.0%] [0.8%] 0 0 FY14 FY15 日本 北米 欧州 豪亜 その他 FY14 FY15 日本 北米 欧州 豪亜 その他 North Asia & Japan Europe Others North Asia & America Oceania Japan Europe Others America Oceania This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
FY2016 Financial Forecast 08 / 38 Japanese Japanese (Ratio to Sales) (Unit: Billions of Yen) IFRS IFRS accounting accounting Change Change standards standards FY2016F FY2016F FY2015 FY2015 Sales 4,470.0 4,470.0 4,308.8 4,308.8 + 161.2 + 161.2 +3.7% +3.7% Operating 380.0 380.0 355.1 355.1 +24.9 +24.9 +7.0% +7.0% (8.5%) (8.2%) Income Income before 407.0 407.0 427.2 427.2 - 20.2 - 20.2 -4.7% -4.7% (9.9%) (9.1%) Income Taxes 275.0 275.0 293.1 293.1 - 18.1 - 18.1 -6.2% -6.2% Net Income (6.2%) (6.8%) (Unit: Millions of Units) Domestic Car 9.09 9.09 9.21 9.21 - 0.12 - 0.12 -1.3% -1.3% Production Overseas Car O C 19.04 19.04 18.34 18.34 + 0.7 + 0.7 +3.8% +3.8% Production of Japanese (6.37) (6.37) （ 6.00 ） （ 6.00 ） （ +0.37 ） （ +0.37 ） （ +6.2% ） （ +6.2% ） Manufacturers (North America) (North America) Foreign JPY 115/$ JPY 115/$ JPY 110/$ JPY 110/$ JPY +5 JPY +5 Exchange JPY125/Euro JPY125/Euro JPY139/Euro JPY139/Euro JPY -14 JPY -14 Rate Forex Impact on 2.5 billions for ＄ 2.5 billions for ＄ Operating Income 0.7 billions for Euro 0.7 billions for Euro per yen per yen This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Change in FY2016 Operating Income Forecast 09 / 38 (Unit: Billions of Yen) +49.0 -28.0 +6.0 -13.0 Production -9.0 Depre- volume ciation +7.0 Labor IFRS increase Raw cost material Currency cost exchange +33.0 gain -7.0 374.0 380.0 -13.1 Variable Expense 355.1 cost Others reduction (Start-up cost,Mix) Operating Operating Operating Income Income Income (Japanese (IFRS) (Japanese ＜Breakdown of IFRS impact＞ accounting accounting Standards) ・Calculation method change Standards) in depreciation expenses +11.8 ・Calculation method change in retirement benefit costs ▲5.7 ・Others ▲0.1 FY15 FY16F This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Change in FY2016 Geographical Segments by Company Location Forecast 10 / 38 (Unit: Billions of Yen) [ ]: Ratio to Sales Operating 225.2 240 Sales 2,200 2,663.5 2,800 [8.5%] Income 205.0 2,640.0 2,000 2,600 [7.8%] -0.9% 200 -9.0% 2,400 1,800 1,600 +14.7% 160 1,400 +9.0% +44.5% 1,204.0 1,200 1,053.0 108.0 1,049.7 120 [9.0%] 966.5 1,000 -0.5% 74.7 800 +26.7% [7.1%] 80 552.0 554.8 49.0 600 +6.6% 38.7 [4.7%] [4.0%] +392.5% 400 +9.8 ％ 18.0 40 16.9 [3.3%] [3.0%] 2.0 81.0 0.4 200 73.8 [0.6%] [2.5%] 0 0 FY15 FY16F FY15 FY16F 日本 北米 欧州 豪亜 その他 日本 北米 欧州 豪亜 その他 North Asia & North Asia & Japan Europe Others Japan Europe Others America Oceania America Oceania This information is the exclusive property of DENSO CORPORATION. Without their consent, it may not be reproduced or given to third parties.
Recommend
More recommend
