Teijin : Flash Report -3Q Results and FY15 Outlook-
February 31, 2016 at 09:39 pm EST
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Flash Report -3Q Results and FY15 Outlook-
Flash Report
-3Q Results and FY15 Outlook -
Teijin Limited
February 1, 2016
Outline of FY15 3Q Results
Outline of FY15 3Q Results
Consolidated results highlights (¥billion)
Operating Movement (Compared with FY14 1Q-3Q)
Net sales Operating income Profit (loss) attributable to
FCF
700 +2.2%
591.3
60
+125.9%
55.5
50 owners of parent 30
+¥49.3bn
40
+¥24.5bn
23.2
600
500
400
300
578.5
50
40
30
24.6
34.9
20
30
20
10
10
200
100
0
20
10
0
FY14 FY15
FY14 FY15
0
-10
-20
(14.4)
FY14 FY15
0
-10
(1.3)
FY14 FY15
2
1. Outline of FY15 3Q Results
Net sales: Rose, owing to
Increases primarily in the Healthcare and Trading and Retail segments
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 1Q-3Q
FY15 1Q-3Q
Difference
Net sales
578.5
591.3
+12.8
Operating income
24.6
55.5
+30.9
OP margin
4.2%
9.4%
+5.1%
Nonoperating items (net)
4.4
1.3
-3.1
Ordinary income
29.0
56.8
+27.8
Extraordinary items (net)
(46.1)
(10.6)
+35.5
Income (loss) before income taxes
(17.2)
46.2
+63.4
Income taxes
(0.4)
13.2
+13.6
Profit (loss) attributable to non- controlling interests
(2.3)
(2.0)
+0.4
Profit (loss) attributable to
owners of parent
(14.4)
34.9
+49.3
EPS (¥)
(14.68)
35.53
+50.21
Operating results
(¥ billion)
◇PL exchange rate
FY14 1Q-3Q
FY15 1Q-3Q
¥/US$
107
122
¥/€
140
134
US$/€
1.31
1.10
EBITDA *1
57.1
84.4
+27.3
CAPEX *2
20.0
24.1
+4.1
Depreciation & amortization
32.5
28.9
-3.6
R&D expenses
23.0
23.9
+1.0
FCF
(1.3)
23.2
+24.5
*1 EBITDA = Operating income + Depreciation & amortization
*2 CAPEX includes investments in intangible assets 3
Teijin Limited issued this content on 01 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2016 02:38:08 UTC
Original Document: http://www.teijin.com/ir/library/presentation_materials/pdf/pm_160201.pdf
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%).