OSG CORPORATION Another Record Year
Annual Report 2015
Year ended November 30, 2015
PROFILE
OSG manufactures and sells a comprehensive range of consumable tools used mainly in machine tools and controls the biggest share of
the world market for taps, which it has produced since its founding in 1938.
Throughout its history, OSG has continually improved the technology behind its high-quality, high-performance products, as well as its ability to respond effectively to the needs of its customers. It has contributed to industrial development worldwide by supplying cutting tools as core manufacturing equipment for use in a wide range of industries, including automotive and aerospace.
As of November 2015, the OSG Group consists of 14 consolidated subsidiaries in Japan and 38 overseas, and employs a total 5,569 staff at business sites in 29 countries. OSG has achieved record net sales and operating income in two consecutive years.
OSG will continue to work toward ever more ambitious goals,
shaping customers' dreams into reality.
-AEROSPACE INDUSTRY
16 SOCIAL CONTRIBUTION AND
ENVIRONMENTAL PROTECTION
14 SPECIAL FEATURE: TRIPLE A
-AUTOMOTIVE INDUSTRY
15 -A BRAND
SPECIAL FEATURE: TRIPLE A
17 FINANCIAL SECTION
51 BOARD OF DIRECTORS
51 INVESTOR INFORMATION
CONTENTS
02 IMPROVING CORPORATE VALUE
CORPORATE PHILOSOPHY
TO OUR SHAREHOLDERS
OSG AT A GLANCE
AN INTERVIEW WITH THE PRESIDENT
12 SPECIAL FEATURE: TRIPLE A
Aiming for a third year of extraordinary performance
SALES
10% UP
GROSS PROFIT
16% UP
OPERATING INCOME
24%
UP
¥111,918
million
¥50,052
million
¥21,597
million
NET INCOME
25%
UP
NET INCOME PER SHARE
25%
UP
EBITDA
20%
UP
¥12,518
million
¥131.78
¥29,302
million
EBITDA MARGIN
2.2pt
UP
ROE
1.2pt
UP
EQUITY RATIO
1.8pt
UP
26.2% 12.9% 66.1%CAUTIONARY STATEMENT
We would like to advise you that some forward-looking plans, prospects, and strategies, etc., written in this report that are not historical facts have the possibility of including risk and uncertainties caused by future changes of surrounding circumstances. We would appreciate your understanding that actual results may differ from plans, prospects, and strategies, etc.
01
IMPROVING CORPORATE VALUE
We have the tools to succeed
Our continuing challenge is to grow and develop an even bigger global presence. We will approach this challenge by constantly increasing the value we provide, including further development of our groundbreaking advanced technology, and new innovations achieved through communication with our customers. We will work globally to find solutions that enable our customers to fulfill their aspirations.
The Americas
4
Countries
BUSINESS MODEL
Our distinctive business model integrates engineering, manufacturing and sales. We create knowledge and expertise through face-to-face communication with our customers about tools, and we use that know- how to produce superior products. This business model is the driving
REGRINDING SALES GROWTH
2015
force that allows us not only to create highly competitive tailored products, but also to apply our technology to high-quality catalog products. By combining tailored and catalog products, we aim to become the global top manufacturer of hole-making cutting tools.
2007
100% 172%(2007 sales=100%)
TAILORED PRODUCTS
%
CATALOG PRODUCTS
%
SUSTAINABLE TOOLS
Every product and service that we supply is backed by our active commitment to efficient resource use and care for the environment. Our regrinding and recoating services are especially effective in reducing waste, while conserving rare metals and other natural resources. We are expanding these services globally as part of our contribution to cost savings for our customers.
02
OSG Corporation issued this content on 18 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2016 10:25:04 UTC
Original Document: http://www.osg-ir.com/eng/ir_library/pdf_annual/OSG-AnnualReport-2015.pdf
