First Quarter Financial Report

First Quarter Financial Report
ROHM Co., Ltd. Financial Highlights for the First Quarter of the Year Ending March 31, 2016
(From April 1, 2015 to June 30, 2015)
August 4, 2015
Consolidated Financial Results
(Figures are rounded down to the nearest million yen. Any fraction less than the unit is rounded off)
’16/3
Change from the
previous year
’15/3
First
quarter
First
quarter
'15/3
'16/3 (Projected)
Change from
Amount Percentage
Annual
Annual the previous
Interim
year
Net sales
Millions of
yen
94,920
88,417
+6,503
+7.4%
362,772
388,000
Cost of sales
Millions of
yen
60,517
59,055
+1,462
+2.5%
235,042
252,400
128,400
Selling, general and
administrative expenses
Millions of
yen
22,835
20,085
+2,750
+13.7%
88,929
93,600
46,600
Operating income (loss)
Millions of
yen
11,567
9,276
+2,291
+24.7%
38,800
42,000
(10.5%)
(+1.7%)
(10.7%)
(10.8%)
15,987
8,440
+7,547
59,218
40,000
(16.8%)
(9.5%)
(+7.3%)
(16.3%)
(10.3%)
11,551
6,764
+4,787
45,296
30,000
(12.2%)
(7.7%)
(+4.5%)
(12.5%)
(7.7%)
(6.9%)
107.89
62.75
+45.14
420.16
278.28
125.23
(12.2%)
Ordinary income (loss)
Profit attributable to
owners of parent
Millions of
yen
Millions of
yen
+89.4%
+70.8%
+7.0%
+8.2%
196,000
21,000
Change from
the previous
year
+7.5%
-1.1%
(10.7%)
-32.5%
18,000
-36.7%
(9.2%)
-33.8%
13,500
-37.3%
Figures in ( ) indicate ratio to sales.
Net income (loss) per
share
yen
Net income to equity
%
6.4
Ordinary income to total
assets
%
7.3
+71.9%
Total assets
Millions of
yen
854,277
762,056
+92,221
+12.1%
864,380
Net assets
Millions of
yen
743,843
667,854
+75,989
+11.4%
752,433
Equity ratio
%
87.0
87.6
-0.6
Net assets per share
yen
7,016.14
6,191.19
+824.95
+13.3%
6,975.07
Capital expenditures
Millions of
yen
13,086
10,925
+2,161
+19.8%
48,739
75,000
+53.9%
34,600
+50.5%
Depreciation
Millions of
yen
8,940
6,892
+2,048
+29.7%
34,467
44,800
+30.0%
19,700
+33.2%
Research and
development costs
Millions of
yen
10,559
9,445
+1,114
+11.8%
39,996
43,300
+8.3%
21,500
+13.4%
Number
21,120
20,275
+845
+4.2%
20,843
yen/
US$
121.34
102.14
+19.20
+18.8%
110.03
Number of employees
Foreign exchange rate
(Average yen-dollar rate)
87.0
115.00
115.00
(Note) As the projected data are based on the information that ROHM is currently acquiring as well as specific prerequisites judged as legitimate, actual data may be considerably
different due to various factors.
Contact: Public Relations and Investor Relations Div., ROHM Co., Ltd.
21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto 615-8585 Japan +81-75-311-2121
Note: This report is a translation of the financial highlights and the financianl report of the Company prepared in accordance with the provisions set forth in the Securities
and Exchange Law and its related accounting regulations, and in conformity with accounting principles generally accepted in Japan. The original version of this report is
written in Japanese. In the event of any discrepancies in words, accounts, figures, or the like between this report and the original, the original Japanese version shall govern.
- Financial Highlights -
ROHM CO., LTD. (6963) Financial Report for the First Quarter of the Year Ending March 31, 2016
Financial Report for the First Quarter of the Year Ending March 31, 2016
[Based on Japanese Standard] (Consolidated)
August 4, 2015
Stock Exchange Listings: Tokyo
Listed Company Name: ROHM CO., LTD.
Code No.:
6963
URL http://www.rohm.com
Company Representative: (Title) President
Contact Person:
(Title) Director, Accounting Headquarters
Sasayama
Scheduled Date for Submitting the Quarterly Financial Reports
Scheduled Dividend Payment Date
Preparation of Supplementary Briefing Materials for the Quarterly Settlement:
Briefing Session for the Quarterly Settlement to Be Held:
(Name) Satoshi Sawamura
(Name)
Eiichi
TEL +81-75-311-2121
August 7, 2015
—
Yes
None
(Figures are rounded down to the nearest million yen.)
1. Consolidated Financial Results for the First Quarter of the Year Ending March 31, 2016 (From April 1, 2015 to June 30, 2015)
(1) Consolidated Results of Operations (Accumulated total)
(The percentages [%] represent change from the same time of the previous year.)
Net sales
Operating income
% Millions of yen
Millions of yen
First quarter of the year
ending March 31, 2016
First quarter of the year
ended March 31, 2015
(Note) Comprehensive income
Ordinary income
% Millions of yen
Profit attributable to owners
of parent
% Millions of yen
%
94,920
7.4
11,567
24.7
15,987
89.4
11,551
70.8
88,417
10.5
9,276
399.0
8,440
4.0
6,764
-0.2
First quarter of the year ending March 31, 2016:
First quarter of the year ended March 31, 2015:
Net income per share
Yen
First quarter of the year
ending March 31, 2016
First quarter of the year
ended March 31, 2015
16,187 million yen (179.1%)
5,800 million yen (-64.6%)
Diluted net income per share
Yen
107.89
―
62.75
―
(2) Consolidated Financial Position
Total assets
Millions of yen
First quarter of the year
ending March 31, 2016
Year ended March 31,
2015
(Reference) Shareholder’s equity
Net assets
Millions of yen
Equity ratio
%
854,277
743,843
87.0
864,380
752,433
87.0
First quarter of the year ending March 31, 2016: 743,337 million yen
Year ended March 31, 2015:
751,937 million yen
2. Dividend Details
End of the first quarter
Yen
Year ended March 31, 2015
―
Interim
Year ending March 31, 2016
―
Year ending March 31, 2016
(Estimates)
(Note) Revision to recently disclosed dividend estimates: None
Annual dividend
End of the third quarter
Yen
Yen
45.00
―
65.00
―
End of year
Total
Yen
85.00
Yen
130.00
65.00
130.00
3. Consolidated Financial Results Forecast for the Year Ending March 31, 2016 (From April 1, 2015 to March 31, 2016)
(The percentages [%] shown for annual figures represent change from the previous year and those for the quarter figures represent
change from the same time of the previous year.)
Net sales
Operating income
Profit attributable to
owners of parent
% Millions of yen
%
-36.7
13,500 -37.3
-32.5
30,000 -33.8
Ordinary income
Millions of yen
% Millions of yen
% Millions of yen
Interim
196,000
7.5
21,000
-1.1
18,000
Annual
388,000
7.0
42,000
8.2
40,000
(Note) Revision to recently disclosed figures for consolidated financial results forecast: None
Net income
per share
Yen
125.23
278.28
ROHM CO., LTD. (6963) Financial Report for the First Quarter of the Year Ending March 31, 2016
*Note
(1) Major Changes in Subsidiaries during the First Quarter of the Year Ending March 31, 2016
(Changes to specified subsidiaries accompanying revision on the scope of consolidation): None
New company
- (Company name:
Excluded company - (Company name:
)
)
(2) Application of Specific Accounting Method for Compiling Consolidated Quarterly Financial Statement: None
(3) Changes in Accounting Policies, Changes in Accounting Estimates, and Restatement of Revisions
[1] Changes in accounting policies according to revision to accounting standards:
Yes
[2] Other changes in accounting policies other than items indicated in [1]:
None
[3] Change in accounting estimates:
None
[4] Restatement of revisions:
None
(Note) Please refer to “2. Items Regarding Summary Information (Note), (3) Changes in Accounting Policies, Changes in
Accounting Estimates, and Restatement of Revisions” on Page 4 of the Financial Report for the First Quarter of the Year Ending
March 31, 2016 (Appendix).
(4) Number of Shares Outstanding (common shares)
[1]
[2]
[3]
Year-end number of shares outstanding
(incl. treasury stocks)
First quarter of the year ending March 31, 2016
113,400,000 shares
Year ended March 31, 2015
113,400,000 shares
Year-end number of treasury stocks
First quarter of the year ending March 31, 2016
7,453,238 shares
Year ended March 31, 2015
5,596,799 shares
Average number of shares during the period
(Accumulated total of the quarter)
First quarter of the year ending March 31, 2016
107,072,962 shares
First quarter of the year ended March 31, 2015
107,805,399 shares
*Description Regarding Implementation Status of Quarterly Review Procedures
This quarterly financial report is not applicable to the quarter review procedures based on Financial Instruments and Exchange Act.
At the time of disclosure of this quarterly financial report, the review procedure of the quarterly financial statement based on
Financial Instruments and Exchange Act had been completed.
*Explanation on Adequate Usage of Financial Results Forecast
Statements on financial results forecasts in this financial report are based on current information acquired by ROHM as well as
specific legitimate premises for making decisions, therefore ROHM makes no promises as to attaining these forecasts.
Actual financial results may be considerably different due to various factors. For conditions and notes used for making prepositions
of financial forecasts, please refer to “1. Qualitative Information Regarding Business Results, etc. for the First Quarter of the Current
Fiscal Year, (3) Qualitative Information Regarding Consolidated Financial Results Forecast” on Page 4 of the Financial Report for
the First Quarter of the Year Ending March 31, 2016 (Appendix).
Table of Contents
1. Qualitative Information Regarding Business Results, etc. for the First Quarter of the Current Fiscal Year ........................................ 2
(1) Business Results............................................................................................................................................................................ 2
(2) Financial Conditions ..................................................................................................................................................................... 2
(3) Qualitative Information Regarding Consolidated Financial Results Forecast ............................................................................... 4
2. Items Regarding Summary Information (Note) ................................................................................................................................... 4
(1) Major Changes in Subsidiaries During the First Quarter of the Current Fiscal Year .................................................................... 4
(2) Application of Specific Accounting Procedure for Compiling Consolidated Quarterly Financial Statement ............................... 4
(3) Changes in Accounting Policies, Changes in Accounting Estimates, and Restatement of Revisions ........................................... 4
3. Consolidated Quarterly Financial Statements ...................................................................................................................................... 5
(1) Consolidated Quarterly Balance Sheet .......................................................................................................................................... 5
(2) Consolidated Quarterly Statement of Income and Consolidated Quarterly Statement of Comprehensive Income ....................... 7
(Consolidated quarterly statement of income) ............................................................................................................................... 7
(Consolidated quarterly statement of comprehensive income) ...................................................................................................... 7
(3) Note on Consolidated Quarterly Financial Statement ................................................................................................................... 9
(Note on going concern) ................................................................................................................................................................ 9
(Note in case of significant change in amount of shareholders’ equity) ........................................................................................ 9
(Segment information etc.) ............................................................................................................................................................ 9
*
Separately attached as supplementary material are “Financial Highlights for the First Quarter of the Year Ending March 31, 2016.”
-1-
1. Qualitative Information Regarding Business Results, etc. for the First Quarter of the Current Fiscal Year
(1) Business Results
General Overview of Business Performance
The world economy in the first quarter of the fiscal year ending in March 2016 held firm as a whole, as the economies in the
USA, Europe and Japan stayed on the recovery track despite the concerns over slowing economic growth in China and fear of
financial failure in Greece.
By individual regions, the US economy continued its recovery as steady home and car sales added to the falling
unemployment rate. In Europe, industrial production in Germany and the UK improved, while car sales were strong across all of
Europe. In Asia, the high rate of growth posted to date by China came to a halt as the real-estate market tanked and equipment
investment fell, while, the economy in Korea lost speed.
In Japan, corporate profits remained strong owing to the continued weak yen trend, while the jobs market and business capital
spending held firm.
The electronics industry was as follows. In IT related markets, smartphones and wearable electronics remained firm, but
personal computers declined considerably, including tablet PCs, which previously were growing, due to their rapidly increased
diffusion rate. The AV market on the whole was sluggish owing in part to continued stagnation in the camera market, despite
increasing sales of high added-value products like 4K TVs *1. The automotive electronics market was steady thanks to
increased use of in-vehicle electronics and strong vehicle sales in the USA and Europe.
Working within this business environment, the ROHM Group continued to implement important strategies aimed at
improving performance in the mid- to long-term. With regards to products, efforts were directed at expanding lineups via the 4
‘growth engines’ of [1] IC synergy (with LAPIS Semiconductor Co., Ltd.), [2] SiC-based power devices and power module
products, [3] optical devices and related products, and [4] sensor-related products. In current product fields, time and resources
were focused on developing and increasing sales of new industry-leading products like the RASMID ® series *2 of ultraminiaturized components. More specifically, the ROHM Group strengthened its lineups of major ICs and semiconductors for the
automotive and industrial equipment markets, both of which are treated as strategic markets. As for SiCs, development moved
ahead on new products in anticipation of market needs, such as the world's first trench MOSFET *3, power ICs for tablets and
ICs for monitoring lithium ion batteries.
Overseas, the ROHM Group continued efforts to strengthen customer support systems as a means for increasing both sales
and market share.
On the production front, the ROHM Group continued to promote RPS (ROHM Production System) activities *4 aimed at
enhancing both the quality and efficiency of manufacturing, and worked to increase production capacity of state-of-the-art
analog ICs processes such as 300 mm wafers. Furthermore, it was decided to acquire the production lines of the Shiga Factory
from a subsidiary of Renesas Electronics Corp. in preparation for increased demand for MEMS sensors and IGBT *5 power
devices.
Under these circumstances, consolidated net sales for the first quarter of the fiscal year ending March 31, 2016 were 94,920
million yen (an increase of 7.4% from the same time last year) and operating income was 11,567 million yen (an increase of
24.7 % from the same time last year).
Ordinary income after foreign currency exchange adjustments was 15,987 million yen (an increase of 89.4% from the same
time last year) and quarterly net income belonging to parent company shareholders was 11,551 million yen (an increase of
70.8% from the same time last year).
*1 4K TV
A TV with 4 times the pixels of a full high-definition TV.
*2 RASMID® (ROHM Advanced Smart Micro Device) Series
The smallest lineup of components in the world, developed utilizing breakthrough manufacturing methods for
unprecedented miniaturization and ultra-high dimensional precision (±10μm).
*3 MOSFET
Short for Metal Oxide Semiconductor Field Effect Transistor. This type of transistor enables faster switching with less
power consumption than bipolar transistors, and is widely used in a variety of electronic products.
* 4 RPS (Rohm Production System) Activities
A production system centered on improvement activities for integrating higher quality into products, shortening lead time
and thoroughly eliminating waste in inventory and other operations at all Group plants. ROHM believes that establishing
production systems of unparalleled efficiency and quality is essential for strengthening the Group’s earning structure.
*5 IGBT
Short for Insulated Gate Bipolar Transistor, a semiconductor that combines the best features of a MOSFET and bipolar
transistor, making it ideal for power control applications.
- 2-
Overview of Performance by Segment
<ICs>
Consolidated net sales for the first quarter of the year ending March 31, 2016 were 43,112 million yen (an increase of 5.5%
from the same time last year) and segment income was 3,768 million yen (a decrease of 27.4% from the same time last year).
In the automotive electronics market, sales of power ICs for ECU *6, head lamps, rear lamps and other uses increased, but
power ICs for car navigation systems was stagnant.
In the digital AV market, the camera market continued to struggle, but system ICs for audio and power ICs sold well. In IT
related markets, sales of power ICs and camera module lens driver ICs for smartphones were good. On the other hand, the
personal computer market was sluggish, as sales of power ICs for tablets, which grew greatly last year, slowed down.
In the industrial equipment market, sales of ICs for factory automation and measuring instruments, HEMS and BEMS *7,
and medical equipment were steady. Moreover, in the office equipment market, sales of power ICs and sensor ICs increased.
With regard to a group company LAPIS Semiconductor Co., Ltd., sales of communication ICs for in-vehicle information
terminals and memory ICs for gaming devices were slow, but sales of display drivers for high resolution TVs and wireless
communication ICs for smart meters increased.
*6 ECU (Electric Control Unit)
A micro controller that electrically controls engine ignition and fuel injection when operating a vehicle. ECUs are
mounted on many cars and especially on luxury vehicles.
*7 HEMS (Home Energy Management System)/BEMS (Building Energy Management System)
A HEMS is a system for managing energy consumption in a home. A BEMS is a similar system, but for buildings.
Though they serve different targets, both systems connect power meters, solar power systems, storage batteries, home
appliances and other equipment over a network, visualize power consumption and economically manage equipment,
using sensors and IT.
<Discrete Semiconductor Devices>
Consolidated net sales for the first quarter of the year ending March 31, 2016 were 34,004 million yen (an increase of 5.0%
from the same time last year) and segment income was 5,739 million yen (an increase of 56.3% from the same time last year).
With regard to transistors, sales of small-signal transistors for PCs decreased, while sales of power MOSFETs and other
transistors to the automotive electronics and office equipment markets increased. As for diodes, sales of small-signal diodes for
smartphones were strong. Regarding power devices, sales of SiC devices and modules for solar power systems and EV
(Electric Vehicle) on-board chargers grew considerably. Demand decreased for ultra-small LEDs for wearable electronics,
while sales of lasers for reading optical disks were slow.
<Modules>
Consolidated net sales for the first quarter of the year ending March 31, 2016 were 10,746 million yen (an increase of 27.3%
from the same time last year) and segment income was 2,104 million yen (an increase of 490.5% from the same time last year).
With regard to printheads, sales increased on printheads for mini-printers used for mobile payment terminals.
As for optical modules, sales of ultra-small sensor modules for smartphones and wearable electronics increased greatly.
Sales of power modules for cameras and other devices slumped.
<Others>
Consolidated net sales for the first quarter of the year ending March 31, 2016 were 7,056 million yen (an increase of 5.1%
from the same time last year) and segment income was 455 million yen (a decrease of 16.7 % from the same time last year).
Sales of resistors to the smartphone and automotive electronics markets increased, and sales of ultra-small tantalum
capacitors for smartphones grew.
Sales of LED lighting products declined as a result of price competition in the marketplace.
Sales mentioned above were to customers outside of the ROHM Group.
-3-
(2) Financial Conditions
At the end of the first quarter of the year ending March 31, 2016, total assets of the ROHM Group were 854,277 million yen,
constituting a decrease of 10,103 million yen from the end of the previous fiscal year. The primary factors behind this were
respectively decreases of 9,456 million yen in investments and other assets (of which 9,500 million yen were long-term deposits),
7,910 million yen in cash and deposits, and 1,703 million yen in deferred tax assets, and respectively increases of 4,883 million
yen in property, plant and equipment, and 4,817 million yen in notes and accounts receivable (trade).
Liabilities decreased by 1,512 million yen from the end of the previous fiscal year, to 110,434 million yen. The primary
factors behind this were a decrease of 2,725 million yen in income taxes payable and an increase of 1,149 million yen in current
liabilities (other, of which 1,423 million yen were electronically recorded non-operating monetary claims.)
Net assets decreased by 8,590 million yen from the end of the previous fiscal year, to 743,843 million yen. This owed
primarily to a decrease of 15,612 million yen due to our acquisition of treasury shares, and increases respectively in foreign
currency translation adjustments of 2,418 million yen, retained earnings of 2,389 million yen that were posted as quarterly net
income belonging to parent company shareholders, and 2,087 million yen in valuation differences on available-for-sale securities.
As a result, equity decreased by 8,600 million yen, but equity ratio did not change from the 87.0% registered at the end of the
previous fiscal year.
(3) Qualitative Information Regarding Consolidated Financial Results Forecast
Sales and operating income for the first quarter of the year ending in March 2016 did not deviate greatly from initial
projections, but because the yen depreciated more than expected against other currencies, ordinary income and the net income
that belongs to parent company shareholders surpassed previously announced performance projections (April 30, 2015).
Nevertheless, the outlook for the electronics market and exchange rates in the second quarter and beyond is still uncertain,
therefore the current consolidated earnings forecast for this fiscal year remains unchanged from the one in the Financial Report
for the Fiscal Year Ended March 31, 2015.
ROHM will revise its forecast if changes to the current one deemed necessary.
2. Items Regarding Summary Information (Note)
(1) Major Changes in Subsidiaries During the First Quarter of the Current Fiscal Year
None
(2) Application of Specific Accounting Procedure for Compiling Consolidated Quarterly Financial Statement
None
(3) Changes in Accounting Policies, Changes in Accounting Estimates, and Restatement of Revisions
Change in accounting policies
(Application of Accounting Standard for Business Combination, Etc.)
As of the first quarter of the year ending March 31, 2016, the ROHM Group is applying the ABSJ Statement No. 21
(Accounting Standard for Business Combination), ABSJ Statement No. 22 (Accounting Standard for Consolidated Financial
Statements) and ABSJ Statement No. 7 (Accounting Standard for Business Divestitures) of September 13, 2013. This has
required ROHM to post changes in the equity we have in group subsidiaries as capital surplus and to change how we record
consolidated expenses in years in which acquisition costs are generated. Moreover, for business combinations effectuated on or
after the start of this same first quarter, we have changed to reflecting the distribution review of acquisition costs determined by
tentative accounting in quarterly consolidated financial reports of the quarter in which the business combination took place. In
addition, we have changed how we indicate quarterly net income and other data, and began indicating minority interests as noncontrolling interests. To reflect these changes in indication practices, we reorganized the consolidated quarterly and annual
financial statements for the first quarter and entire year ended on March 31, 2015.
These new accounting practices will be applied progressively from the start of this first quarter as specified in Art. 58-2 (4) of
the Accounting Standard for Business Combination, Art. 44-5 (4) of the Accounting Standard for Consolidated Financial
Statements) and in Art. 57-4 (4) of the Accounting Standard for Business Divestitures.
The impact of these changes on operating income, ordinary income and income before income taxes and minority interests for
this quarter was negligible.
- 4-
3. Consolidated Quarterly Financial Statements
(1) Consolidated Quarterly Balance Sheet
End of the accounting year
ended March 31, 2015
(March 31, 2015)
Assets
Current assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims operating
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax assets
Income taxes receivable
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Machinery, equipment and vehicles
Tools, furniture and fixtures
Land
Construction in progress
Accumulated depreciation
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Net defined benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
-
5 -
(Unit:millions of yen)
First quarter of the year ending
March 31, 2016
(June 30, 2015)
280,756
76,721
272,846
81,538
2,132
2,481
42,998
31,962
38,975
29,405
9,374
546
10,794
-292
523,376
42,082
31,891
38,713
29,235
8,142
402
10,830
-318
517,846
221,833
511,008
51,459
64,039
18,746
-635,793
231,293
222,676
517,367
52,216
66,258
21,840
-644,182
236,176
33
5,368
5,401
24
4,996
5,021
73,462
1,948
3,836
25,457
-394
104,309
341,003
864,380
74,211
2,063
3,365
16,001
-410
95,232
336,430
854,277
End of the accounting year
ended March 31, 2015
(March 31, 2015)
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Accounts payable - other
Income taxes payable
Deferred tax liabilities
Other
Total current liabilities
Non-current liabilities
Deferred tax liabilities
Net defined benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale
securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets
-
6 -
(Unit:millions of yen)
First quarter of the year ending
March 31, 2016
(June 30, 2015)
11,764
8,026
19,282
6,638
―
23,948
69,660
10,931
8,403
19,513
3,913
0
25,097
67,858
29,617
9,251
3,416
42,286
111,946
30,413
9,503
2,657
42,575
110,434
86,969
102,403
599,518
-50,141
738,750
86,969
102,403
601,907
-65,753
725,527
24,442
26,529
-7,308
-3,948
13,186
496
752,433
864,380
-4,890
-3,828
17,810
505
743,843
854,277
(2) Consolidated Quarterly Statement of Income and Consolidated Quarterly Statement of Comprehensive Income
(Consolidated quarterly statement of income)
(First quarter of the year ending March 31, 2016)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Foreign exchange losses
Provision of allowance for doubtful accounts
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of non-current assets
Total extraordinary income
Extraordinary losses
Loss on sales of non-current assets
Loss on abandonment of non-current assets
Loss on valuation of investment securities
Loss on liquidation of subsidiaries and associates
Total extraordinary losses
Income before income taxes and minority interests
Income taxes - current
Income taxes for prior periods
Income taxes - deferred
Total income taxes
Profit
Profit attributable to non-controlling interests
Profit attributable to owners of parent
First quarter of the year ended
March 31, 2015
(From April 1, 2014
To June 30, 2014)
88,417
59,055
29,361
20,085
9,276
(Unit:millions of yen)
First quarter of the year ending
March 31, 2016
(From April 1, 2015
To June 30, 2015)
94,920
60,517
34,402
22,835
11,567
358
312
-
188
859
502
392
3,442
109
4,447
1,690
-
5
1,695
8,440
-
13
13
27
15,987
0
0
0
0
5
27
4
-
38
8,402
995
384
251
1,631
6,770
6
6,764
2
27
3
58
91
15,895
2,902
-
1,432
4,335
11,560
8
11,551
-
7 -
(Consolidated quarterly statement of comprehensive income)
(First quarter of the year ending March 31, 2016)
Profit
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to
Comprehensive income attributable to owners of
parent
Comprehensive income attributable to noncontrolling interests
First quarter of the year ended
March 31, 2015
(From April 1, 2014
To June 30, 2014)
6,770
(Unit:millions of yen)
First quarter of the year ending
March 31, 2016
(From April 1, 2015
To June 30, 2015)
11,560
1,413
-2,528
143
-970
5,800
2,086
2,421
119
4,626
16,187
5,790
16,176
9
11
-
8 -
(3) Note on Consolidated Quarterly Financial Statement
(Note on going concern)
No applicable items
(Note in case of significant change in amount of shareholders’ equity)
In line with a Board of Directors resolution from their meeting on April 30, 2015, ROHM acquired 1,856,000 shares of
treasury stock prior to June 30, 2015, whereby increasing owned treasury stock to 15,608 million shares.
(Segment information etc.)
[Segment information]
First quarter of the year ended March 31, 2015 (From April 1, 2014 to June 30, 2014)
Information on net sales, profits or losses by individual reportable segments
(Unit: Millions of yen)
Adjusted
amount
(Note 2)
Amount on
consolidated
quarterly
statement of
income
(Note 3)
88,417
-
88,417
Reportable segments
ICs
Sales
Sales to customers
Inter-segment sales or transfer
Total
Segment profit
(Note)
1.
2.
3.
40,878
Discrete
semiconductor
devices
Modules
Subtotal
32,385
8,438
81,702
Others
(Note 1)
6,714
Total
740
844
41
1,626
51
1,677
-1,677
-
41,619
33,229
8,480
83,329
6,765
90,094
-1,677
88,417
5,192
3,673
356
9,222
546
9,768
-491
9,276
“Others” is an operational segment that is not included in reportable segments, consisting of business in resistors,
tantalum capacitors, and lightings.
The adjusted amount of the segment profit, minus 491 million yen, mainly includes general administrative
expenses of minus 418 million yen that do not attribute to the segment, and the settlement adjusted amount of
minus 73 million yen, which is not allocated to the segment (such as adjustment for retirement benefits).
For segment profits, adjustments are made using the operating income of the consolidated quarterly statement of
income.
First quarter of the year ending March 31, 2016 (From April 1, 2015 to June 30, 2015)
Information on net sales, profits or losses by individual reportable segments
(Unit: Millions of yen)
Adjusted
amount
(Note 2)
Amount on
consolidated
quarterly
statement of
income
(Note 3)
94,920
-
94,920
Reportable segments
ICs
Sales
Sales to customers
Inter-segment sales or transfer
Total
Segment profit
(Note)
1.
2.
3.
43,112
Discrete
semiconductor
devices
Modules
Subtotal
34,004
10,746
87,863
Others
(Note 1)
7,056
Total
609
1,018
31
1,659
10
1,669
-1,669
-
43,721
35,023
10,777
89,522
7,066
96,589
-1,669
94,920
3,768
5,739
2,104
11,612
455
12,068
-500
11,567
“Others” is an operational segment that is not included in reportable segments, consisting of business in resistors,
tantalum capacitors, and lightings.
The adjusted amount of the segment profit, minus 500 million yen, mainly includes general administrative
expenses of minus 473 million yen that do not attribute to the segment, and the settlement adjusted amount of
minus 27 million yen, which is not allocated to the segment (such as adjustment for retirement benefits).
For segment profits, adjustments are made using the operating income of the consolidated quarterly statement of
income.
-9-
Was this manual useful for you? yes no
Thank you for your participation!

* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project

Related manuals

Download PDF

advertisement