Teijin : Flash Report -2Q Results and FY15 Outlook- (PDF:2.4MB)
November 01, 2015 at 09:56 pm EST
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Flash Report -2Q Results and FY15 Outlook-
Flash Report
-2Q Results and FY15 Outlook-
Teijin Limited
November 2, 2015
Outline of FY15 2Q Results
1. Outline of FY15 2Q Results
Consolidated results highlights
(¥ billion)
Operating Movement (Compared with FY14 1H)
Net sales Operating income Profit (loss) attributable to
FCF
500 50
+3.9%
30 owners of parent 30
24.5
20 +¥46.8bn 20
400
300
377.4
392.1
40
+191.4%
30
35.3
10
0
10
+¥25.3bn
0
9.8
200
100
20
12.1
10
-10
-20
(22.3)
-10
-20
(15.5)
0
FY14 1H FY15 1H
0
FY14 1H FY15 1H
-30
FY14 1H FY15 1H
-30
FY14 1H FY15 1H
2
Outline of FY15 2Q Results
Net sales: Rose, owing to
Increases primarily in the Healthcare and Trading and Retail segments, as well as the positive impact of the weak yen
Operating income and ordinary income: Up sharply, underpinned by
Profitability improved in our materials businesses, which reflected falling prices for fuel and raw materials, and the positive impact of restructuring initiatives
Steady gains in our healthcare business, thanks to robust results for core products and services
Profit attributable to owners of parent: Up sharply, owing to
A large decrease in extraordinary losses, as well as the increase in ordinary income
FY14 1H
FY15 1H
Difference
Net sales
377.4
392.1
+14.7
Operating income
12.1
35.3
+23.2
OP margin
3.2%
9.0%
+5.8%
Nonoperating items (net)
1.9
0.5
-1.4
Ordinary income
14.0
35.8
+21.8
Extraordinary items
(net)
(42.0)
(2.9)
+39.2
Income (loss) before income
taxes
(28.0)
33.0
+61.0
Income taxes
(3.3)
8.9
+12.2
Profit (loss) attributable to
non-controlling interests
(2.3)
(0.4)
+1.9
Profit (loss) attributable to
owners of parent
(22.3)
24.5
+46.8
EPS (¥)
(22.74)
24.89
+47.63
Operating results
(¥ billion)
◇PL exchange rate
FY14 1H
FY15 1H
¥/US$
103
122
¥/€
139
135
US$/€
1.35
1.11
EBITDA *1
34.4
54.4
+20.0
CAPEX *2
13.3
16.4
+3.1
Depreciation & amortization
22.3
19.0
-3.2
R&D expenses
15.4
16.4
+1.0
FCF
(15.5)
9.8
+25.3
*1 EBITDA = Operating income + Depreciation & amortization
*2 CAPEX includes investments in intangible assets 3
Teijin Limited is a diversified group organized around 5 areas of activity:
- manufacturing and distribution of textile products and clothes (37.6% of net sales): textile fibers, polyesters, polymers, etc.;
- production of synthetic fibers (35.5%): aramid, carbon and polyester fibers for industrial applications;
- manufacturing of care and health products (17.8%): medicines (for the treatment of metabolic, cardiovascular, bone, joint and respiratory diseases), and home care equipments (home oxygen therapy equipments and positive pressure fans);
- sale of IT products and services (6.9%);
- other (2.2%).
Net sales break down geographically as follows: Japan (58.6%), China (13.1%), Asia (6.9%), Americas (13.7%) and other (7.7%).
TEIJIN LIMITED 
