TEIJIN LIMITED Flash Report
-1Q Results and FY16 Outlook- Teijin Limited August 2, 2016 Outline of FY16 1Q Results1. Outline of FY16 1Q Results
(1) Consolidated results highlights (¥billion)
Operating Movement (Compared with FY15 1Q)
Net sales
250
Operating income
2515
Profit attributable to owners of parent
15
FCF
-9.5% -4.4% +2.2% +81.6%200
150
192.6
20
174.2
15
16.4
15.7
11.2
10
11.4
10
9.7
100 10
5
5.4
5
50 5
0
FY15 1Q
0
FY16 1Q
FY15 1Q
FY16 1Q
0
FY15 1Q
FY16 1Q
0
FY15 1Q
FY16 1Q
2
1. Outline of FY16 1Q Results
(¥ billion) | FY15 1Q | FY16 1Q | Difference |
Net sales | 192.6 | 174.2 | -18.3 |
Operating income | 16.4 | 15.7 | -0.7 |
OP margin | 8.5% | 9.0% | +0.5% |
Nonoperating items (net) | 1.6 | (1.3) | -2.9 |
Ordinary income | 18.0 | 14.4 | -3.6 |
Extraordinary items (net) | (1.3) | (0.6) | +0.6 |
Income before income taxes | 16.7 | 13.8 | -2.9 |
Income taxes | 5.5 | 2.2 | -3.2 |
Profit attributable to non- controlling interests | 0.0 | 0.1 | +0.1 |
Profit attributable to owners of parent | 11.2 | 11.4 | +0.2 |
EPS (¥) | 11.39 | 11.63 | +0.24 |
Net sales: Declined, owing to
Impact of optimizing our production configuration associated with restructuring initiatives in the resin business, in addition to the stronger yen, although sales were generally steady across all businesses on the whole
Operating income and ordinary income: Declined owing to
Impacts of foreign exchange movements and downward revisions to NHI drug reimbursement prices, despite efforts to steadily expand the operating margin by driving growth in existing businesses and executing restructuring initiatives
Deterioration of non-operating income and losses, mainly due to foreign exchange losses
Profit attributable to owners of parent:
Largely unchanged, due to
Impact of tax effect accounting, etc.
ange rate | FY15 1Q | FY16 1Q |
¥/US$ | 121 | 108 |
¥/€ | 134 | 122 |
US$/€ | 1.11 | 1.13 |
EBITDA *1 | 25.9 | 25.1 | -0.8 |
CAPEX *2 | 6.7 | 8.9 | +2.2 |
Depreciation & amortization | 9.5 | 9.4 | -0.1 |
R&D expenses | 8.0 | 7.3 | -0.6 |
FCF | 5.4 | 9.7 | +4.4 |
◇PL exch
*1 EBITDA = Operating income + Depreciation & amortization
*2 CAPEX includes investments in intangible assets 3
Teijin Limited published this content on 02 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 August 2016 02:45:08 UTC.
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