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November ７, 2016 http://www.ohashi.co.jp
OHASHI TECHNICA INC. 2
Consolidated Income Statement \,million
2nd QuarterFY 2017
2nd QuarterFY 2016
Change Change(%)
Net sales 18,994 20,117 △ 1,122 94.4%
Operating income 2,099 2,194 △ 95 95.6%
Ordinary income 2,052 2,241 △ 189 91.6%
Net income 1,675 1,478 196 113.3%
yen
Net income per share 112.61 96.90 15.71 116.2%
Exchange rate（average） yenUSDJPY 111.81 120.23CNYJPY 17.07 19.62THBJPY 3.15 3.65GBPJPY 160.20 183.29MXNJPY 6.19 7.95
TWDJPY 3.40 -
Yen up by 8 .42 yen
Yen up by 2 .55 yen
Yen up by 0 .50 yen
Yen up by 23 .09 yen
Yen up by 1 .76 yen
-
2
20,117
△ 248
△68
18,994
△634
+77 △249
China
△1,122
North America Asean Europe
Analysis of Net Sales
by Regional Segment
Japan
2Q,FY 2016 2Q,FY 2017
¥ million
（¥,million）
2ｎｄ Quarter
FY 2017 2nd Quarter
FY 2016 Change
Change (%)
Japan 9,831 10,080 △ 248 97.5% North America 4,789 5,423 △ 634 88.3% China 1,882 1,805 77 104.3% Asean 1,325 1,574 △ 249 84.2% Europe 1,165 1,233 △ 68 94.5%
Total 18,994 20,117 △ 1,122 94.4% ※Geographicl Sales are sales to extemal custmers.
OHASHI TECHNICA INC. 3
Analysis of Net Sales
by Products Segment
20,117
△ 273 + 158 + 58 △ 1,067
18,994
0
5,000
10,000
15,000
20,000
25,000
0
5,000
10,000
15,000
20,000
25,000
2Q,FY 2016 2Q,FY 2017
△1,122 ¥ millions
Automotive （Internal）
Automotive （Overseas）
Other
Effect of exchange rate
change
¥ million
4 OHASHI TECHNICA INC.
Analysis of Operating Income
by Regional Segment
2,194
△ 80 △ 22 + 75 △ 64 +24 + 27
△ 54
2,099
0
500
1,000
1,500
2,000
2,500
0
500
1,000
1,500
2,000
2,500
2Q,FY 2016 2Q,FY 2017
△95
Japan North
America China Asean
Europe Taiwan
Consolidated Adjustment
¥ million
（¥,million）
2nd Quarter
FY 2017 2nd Quarter
FY 2016 Change
Change (%)
Japan 830 911 △ 80 91.1% North America 654 677 △ 22 96.7% China 297 222 75 134.0% Asean 160 225 △ 64 71.2% Europe 186 162 24 114.9% Taiwan 27 - 27 - Consolidated Adjustment
△ 58 △ 3 △ 54 -
Total 2,099 2,194 △ 95 95.6%
OHASHI TECHNICA INC. 5
2,194
△86 △66 + 183 + 24 △ 150
2,099
2Q,FY 2016 2Q,FY 2017
Analysis of Operating
Income
by Products Segment
△95 ¥ millions
Automotive （Internal）
Automotive （Overseas）
Other Cost Improvement
Effect of exchange rate
change
¥ million
OHASHI TECHNICA INC. 6
9,933 10,184 10,170 9,695 9,525 9,469
0
2,000
4,000
6,000
8,000
10,000
12,000
1Ｑ，2016 2Ｑ，2016 3Ｑ，2016 4Ｑ，2016 1Ｑ，2017 2Ｑ，2017
Net Sales ¥ million
Operating Income
1,077 1,117 1,191 1,122 1,045 1,054
0
200
400
600
800
1,000
1,200
1,400
1Ｑ，2016 2Ｑ，2016 3Ｑ，2016 4Ｑ，2016 1Ｑ，2017 2Ｑ，2017
¥ million
OHASHI TECHNICA INC. 7
OHASHI TECHNICA INC.
Balance Sheet
March 31, 2016
Shareholders equity per total assets
（69.6％） Shareholders equity per total assets
（69.7％）
(¥,million)
+403
Current Assets
Liabilities
September 30, 2017
19,410
Current
Assets 28,484
Noncurrent Assets
6,810
Current
Assets 28,484
Liabilities
10,377
Net Assets
24,917
Current
Assets 26,845
Liabilities
10,115
Net Assets
24,006
Noncurrent Assets
7,276
Total assets
35,295
Total assets
34,121 ¥ millions △1,173 ¥ millions
8
Cash Flows
15,352
+ 1,665 △ 1,096 △ 247 △ 1,241
14,431
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
Operating Activities
Investing Activities
Financing Activities Effect of
exchange rate change
△921 ¥ millions
OHASHI TECHNICA INC. 9
Capital Expenditures,Depreciation,R&D Expenses
2Q，FY2017 2Q，FY2016 Change(%)Fiscal 2017(forecast)
CapitalExpenditures 1,508 266 566.9% 3,200
Depreciation 403 473 85.2% 1,100
R&D Expenses 26 26 100.0% 70
Capital Expenditures
￥ million
851 702
3,200
0
500
1,000
1,500
2,000
2,500
3,000
3,500
FY2015 FY2016 FY2017 （Forecast）
OHASHI TECHNICA INC. 10
OHASHI TECHNICA INC.
Main Customer
Ranking FY 2015 FY 2016 2Q，2017
1 Hino Motors., Ltd. Hino Motors., Ltd. Hino Motors., Ltd.
2 Honda Motor Co., Ltd. Honda Motor Co., Ltd. Honda Motor Co., Ltd.
3 JATCO Ltd ISUZU MOTORS LIMITED ISUZU MOTORS LIMITED
4 Denso Corporation Denso Corporation Denso Corporation
5 ISUZU MOTORS LIMITED TOYOTA MOTOR CORPORATION TOYOTA MOTOR CORPORATION
6 TOYOTA MOTOR CORPORATION Takebe Co., Ltd. Takebe Co., Ltd.
7 Takebe Co., Ltd. Nissan Motor Co., Ltd. Nissan Motor Co., Ltd.
8 Nissan Motor Co., Ltd. MITSUBISHI FUSO TRUCK & BUS CORPORATION AISIN AW CO., LTD.
9 MITSUBISHI FUSO TRUCK & BUS CORPORATION TS TECH Co.,Ltd. MITSUBISHI ELECTRIC
10 AISIN SEIKI Co., Ltd.. MITSUBISHI ELECTRIC MITSUBISHI FUSO TRUCK & BUS CORPORATION
11
OHASHI TECHNICA INC. 12
Fiscal 2017 (Forecast) \,million
Fiscal 2017(Forecast)
Fiscal 2016 Change Change(%)
Net sales 37,000 39,983 △ 2,983 92.5%
Operating income 3,700 4,508 △ 808 82.1%
Ordinary income 3,650 4,577 △ 927 79.8%
Net income 2,700 2,976 △ 276 90.7%
Net income per share 181.52 195.53 △14.01 92.8%
Exchange rate（average） yenFiscal 2017(Forecast)
Fiscal 2016
USDJPY 107.00 121.05CNYJPY 16.20 19.44THBJPY 3.00 3.54GBPJPY 147.00 185.10MXNJPY 5.80 7.65TWDJPY 3.30 -
Change
Yen up by 14 .05 yen
Yen up by 3 .24 yen
Yen up by 0 .54 yen Yen up by 38 .10 yen Yen up by 1 .85 yen
-
