「ぐFUNAI Presentation of FY2014 Operating Results May 12, 2015 FUNAI ELECTRIC CO., LTD. TSE 6839
I . Outline of Operating Results
1. Summary of 4th Quarter (Jan.-Mar.) 2. Summary of Fiscal 2014 ending March 2015 3. Differences between Forecasts (Mar. 2015) and Actual Performance Summary of Fiscal 2014 ending March 2015 (Ordinary Income, Net Income) 4. 5.   Breakdown of Sales by Equipment 6.   Sales of DVD related Equipment 7.   Sales of Television related Equipment 8.   Geographic Breakdown of Sales 9.   Factor of Changes of Operating Income 10.   Financial Conditions 11.   Changes of Inventories 12.   Projection of Fiscal 2015 ending March 2016 13.   Projection of Sales by Equipment in Fiscal 2015 ending March 2016 14.   Projection of Sales by Geography in Fiscal 2015 ending March 2016 15.   Capital Expenditures, Depreciation Expense and R&D Expenditures
2
3
( ) FUNAI
4
(※2   Extraordinary loss) 5
A A A In the audiovisual equipment , LCD TVs remained static, declined DVD related products. Information equipment , higher sales of ink cartridges, but declined H/W sales. AV Equipment
A A decline in sales of DVD/BD-related products because of market shrinkage. 395
(100 million yen)
7
A Thanks to the shift to large-screen models and good sales during the year-end season , but on the other hands, lower sales of TVs with built-in DVD players. (100 million yen) 1,436 1,421 LCD TV FY2013 FY2014 (Apr.-Dec.) (Apr.-Dec.) Y/Y (100 million yen) LCD TV :- 15   (- 1.1 %) 8
A All geographic declined, but only small decrease on Americas.
Sales Composition Note: Effective  From FY2014, sales to Central and South America, which were previously included in the Asia and others, have been included in Americas. The segment name North America has been changed to Americas. Figures for FY2013 have been restated accordingly.
*  Add-value=Sales – (Cost of sales + selling expenses) (100 million yen)
(100 million yen)
492 (100 million yen) Comparison to 2014/3 Finished products : -  52 Work in process : -  15
(100 million yen)
DVD related Equipment 【FY2014 vs FY2015】 - 12.8% 【Minus Factor】 • Market Shrunk (100 million yen) FY2013 FY2014  FY2015 (Projection) Information Equipment 【FY2014 vs FY2015】 - 21.0% 【Minus Factor】 • Gradually Ramp-Up Inkjet Printers FY2013 FY2014 FY2015 FY2013 FY2014  FY2015 (Projection) FY2013 FY2014 FY2015 (Projection) (Projection) 14
Asia & Others FY2015 (Projection) Note: Effective  From FY2014, sales to Central and South America, which were previously included in the Asia and others, have been included in Americas.
 The segment name North America has been changed to Americas. Figures for FY2013 have been restated accordingly.
( 100 million yen ) Capital Expenditures 【FY2014 vs FY2015】 -6.3% Depreciation Expense 【FY2014 vs FY2015】 R&D Expenditures 【FY2014 vs FY2015】 +29.7%
II. Appendix
1.   Quarterly Operating Summary of FY 2012 - 2014 2. Quarterly Changes of Sales Amount by Equipment
(FY2013 – 2014) 3.   Quarterly Changes of Sales Amount by Geography
      (FY2013 – 2014)
( 100 million yen )
Note: Effective  From FY2014, sales to Central and South America, which were previously included in the Asia and others, have been included in Americas.
 The segment name North America has been changed to Americas. Figures for FY2013 have been restated accordingly. This document contains forward-looking statements and projections regarding business performance which are not historical facts. Please note that these statements are based on information relating to factors that may impact future business performance that was available for analysis at the time this document was printed. These factors include industry trends relating to the business areas of Funai Electric Co., Ltd. or the Funai Group, such as audio-visual devices and information communication equipment, the economic conditions of both domestic and international markets, and fluctuations in currency exchange rates. Actual performance may greatly differ from projections included in this document because of the impacts of uncertainty in such areas as the competitive conditions of the electronics industry, market trends, currency exchange rate, introduction and success of new products, and various other global conditions that may affect the tax system and other systems.