Tobu Railway Co., Ltd. · TSE:9001

Tobu Railway — FY2022 Earnings Presentation

34 slides from Tobu Railway's earnings presentation, May 12, 2023

  1. Slide 1: FY2022 Financial Results Briefing

    FY2022 Financial Results Briefing May 12, 2023 TOBU RAILWAY CO., LTD.

  2. Slide 2: Table of Contents

    Table of Contents Ⅰ.FY2022 Business Results Ｐ０２ Ⅱ.FY2023 Plan Ｐ１２ Ⅲ.Promotion of the Medium-Term Ｐ２１ Business Plan All rights reserved. Copyright © TOBU RAILWAY CO.,LTD. 1

  3. Slide 3: FY2022 Business Results – Subsidiaries・Affiliates

    Ⅰ．FY2022 Business Results ― Subsidiaries・Affiliates March March March March Subsidiaries 2022 Increase Decrease 2023 Affiliates 2022 Increase Decrease 2023 Transportation 26 1 - 27 Transportation 1 - - 1 Leisure 21 - 5 16 Leisure 2 - - 2 Real Estate 3 - - 3 Real Estate - - - - Retail Distribution 12

  4. Slide 4: FY2022 Business Results – Consolidated statement of income

    Ⅰ．FY2022 Business Results ― Consolidated statement of income FY2022 FY2021 FY2022 Unit: Millions of yen Change Notes Change Results Results Plan Transportation＋15,835、 Leisure＋85,774、 Operating revenues 614,751 506,023 108,728 Real Estate -1,602、 607,000 7,751 Retail Distribution ＋9,272、 Other＋3,487

  5. Slide 5: FY2022 Business Results – Segment Profit

    Ⅰ．FY2022 Business Results ― Segment Profit FY2022 FY2021 FY2022 Unit: Millions of yen Change Change Results Results Plan Operating revenues 189,189 173,354 15,835 187,600 1,589 Transportation Operating profit 19,381 11,764 7,616 18,000 1,381 Operating revenues 188,354 102,579 85,774 186,000 2,354 Le

  6. Slide 6: FY2022 Business Results – Consolidated balance sheet

    Ⅰ．FY2022 Business Results ― Consolidated balance sheet FY2022 FY2021 Unit: Millions of yen Change Notes Results Results Current assets 206,090 167,475 38,615 Notes and accounts receivable - trade＋7,145 Non-current assets 1,532,105 1,522,380 9,724 Total assets 1,738,195 1,689,855 48,339 Current liabi

  7. Slide 7: FY2022 Business Results – Consolidated statement of cash flows

    Ⅰ．FY2022 Business Results ― Consolidated statement of cash flows FY2022 FY2021 Unit: Millions of yen Change Notes Results Results Cash flows from operating activities 101,115 66,851 34,264 Profit before income taxes＋21,258 Decrease in Contribution received for Cash flows from investing activities -5

  8. Slide 8: FY2022 Business Results – Transportation

    Ⅰ．FY2022 Business Results ― Transportation FY2022 FY2021 FY2022 Unit: Millions of yen Change Notes Change Results Results Plan Operating revenues 189,189 173,354 15,835 187,600 1,589 Railways 141,477 128,065 13,411 140,200 1,277 Bus and taxi＋2,278、 Other 47,712 45,289 2,423 Freight＋132 47,400 312 Op

  9. Slide 9: FY2022 Business Results – Leisure

    Ⅰ．FY2022 Business Results ― Leisure FY2022 FY2021 FY2022 Unit: Millions of yen Change Notes Change Results Results Plan Operating revenues 188,354 102,579 85,774 186,000 2,354 Travel 147,219 74,625 72,593 146,300 919 Hotel 20,086 11,879 8,206 19,200 886 SKYTREE 10,832 5,829 5,003 10,500 332 Amusemen

  10. Slide 10: FY2022 Business Results – Real Estate

    Ⅰ．FY2022 Business Results ― Real Estate FY2022 FY2021 FY2022 Unit: Millions of yen Change Notes Change Results Results Plan Operating revenues 60,915 62,517 -1,602 60,300 615 Leasing 36,044 37,977 -1,933 36,000 44 SKYTREE TOWN 11,025 9,646 1,379 10,700 325 Subdivision 13,845 14,893 -1,048 13,600 245

  11. Slide 11: FY2022 Business Results – Retail Distribution

    Ⅰ．FY2022 Business Results ― Retail Distribution FY2022 FY2021 FY2022 Unit: Millions of yen Change Notes Change Results Results Plan Operating revenues 163,438 154,166 9,272 163,300 138 Department stores 56,767 49,879 6,887 56,400 367 Supermarket 73,062 74,949 -1,886 73,800 -738 Other 33,608 29,337 4

  12. Slide 12: FY2022 Business Results – Other

    Ⅰ．FY2022 Business Results ― Other FY2022 FY2021 FY2022 Unit: Millions of yen Change Notes Change Results Results Plan Operating revenues 81,902 78,414 3,487 78,100 3,802 Operating profit 2,646 3,424 -778 1,500 1,146 Operating profit ROA 1.0% 1.4% -0.4P - - Depreciation 1,533 1,558 -24 1,600 -66 EBIT

  13. Slide 13: FY2023 Plan – Consolidated statement of income

    Ⅱ．FY2023 Plan ― Consolidated statement of income FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results Transportation＋11,811、 Leisure-22,454、 Real Estate-2,015、 Operating revenues 605,500 614,751 -9,251 Retail Distribution＋3,462、 Other＋98 Transportation＋1,119、Leisure-8,770、 Real Estate-1,781

  14. Slide 14: FY2023 Plan – Segment Profit

    Ⅱ． FY2023 Plan ― Segment Profit FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results Operating revenues 201,000 189,189 11,811 Transportation Operating profit 20,500 19,381 1,119 Operating revenues 165,900 188,354 -22,454 Leisure Operating profit 10,700 19,470 -8,770 Operating revenues 58,9

  15. Slide 15: FY2023 Plan – Consolidated Cash Flow Plan

    Ⅱ． FY2023 Plan ― Consolidated Cash Flow Plan FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results EBITDA 100,200 110,043 -9,843 Operating profit 46,500 56,688 -10,188 Depreciation 53,700 53,354 345 Interest-bearing debt balance 801,100 795,502 5,597 Interest-bearing debt/EBITDA 8.0 7.2 0.8P

  16. Slide 16: FY2023 Plan – Transportation

    Ⅱ． FY2023 Plan ― Transportation FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results Operating revenues 201,000 189,189 11,811 Railways 151,300 141,477 9,823 Other 49,700 47,712 1,988 Bus and taxi＋1,432、Freight＋536 Operating profit 20,500 19,381 1,119 Railways 18,400 17,432 968 Other 2,100

  17. Slide 17: FY2023 Plan – Leisure

    Ⅱ． FY2023 Plan ― Leisure FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results Operating revenues 165,900 188,354 -22,454 Travel 119,300 147,219 -27,919 Hotel 23,700 20,086 3,614 SKYTREE 12,000 10,832 1,168 Other 10,900 10,215 685 Amusement parks and tourism＋482 、Sports＋197 Operating profit

  18. Slide 18: FY2023 Plan – Real Estate

    Ⅱ． FY2023 Plan ― Real Estate FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results Operating revenues 58,900 60,915 -2,015 Leasing 34,300 36,044 -1,744 SKYTREE TOWN 11,100 11,025 75 Subdivision 13,500 13,845 -345 Operating profit 11,900 13,681 -1,781 Leasing 7,000 8,318 -1,318 SKYTREE TOWN 1

  19. Slide 19: FY2023 Plan – Retail Distribution

    Ⅱ． FY2023 Plan ― Retail Distribution FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results Operating revenues 166,900 163,438 3,462 Department stores 55,900 56,767 -867 Supermarket 77,100 73,062 4,038 Other 33,900 33,608 292 Operating profit 1,500 2,602 -1,102 Department stores 1,100 2,633 -

  20. Slide 20: FY2023 Plan – Other

    Ⅱ． FY2023 Plan ― Other FY2023 FY2022 Unit: Millions of yen Change Notes Plan Results Operating revenues 82,000 81,902 98 Operating profit 2,900 2,646 254 Operating profit ROA 1.1% 1.0% 0.1P Depreciation 1,600 1,533 66 EBITDA 4,500 4,180 319 Capital Expenditures 2,400 1,199 1,201 All rights reserved.

  21. Slide 21: FY2023 Plan – Shareholder return

    Ⅱ． FY2023 Plan ― Shareholder return Continue to provide stable dividends while considering financial soundness and Basic Policy on Profit Sharing taking into account the overall performance and business environment to expand our management foundation over the long term. 中間配当 Interim dividend 記念配当 Co

  22. Slide 22: Positioning of FY2023 Plan

    III. Promotion of the Medium-Term Business Plan Positioning of FY2023 Plan 2022 2023 2024 2025 2026 Medium-term Business Plan Business structure reform/Restructuring of business promotion system Aiming to return quickly to the next stage of growth in light of changes in the business environment ■Pol

  23. Slide 23: Business Structure Reform in the Railway Business

    III. Promotion of the Medium-Term Business Plan (Business Structure Reform and Restructuring of Business Promotion System) Reinforcement of the management structure through business structure reform in the railway business Main initiatives of the past and their results Ratio of fixed costs to operat

  24. Slide 24: Business Structure Reform in the Group's Businesses

    III. Promotion of the Medium-Term Business Plan (Business Structure Reform and Restructuring of Business Promotion System) Reinforcement of the management structure through business structure reform in the Group’s businesses Structural reform in hotel business Expanding revenue and profits in hotel

  25. Slide 25: Expanding revenue through solutions business

    III. Promotion of the Medium-Term Business Plan (Expansion of Profitability through a New Business Model) Expanding revenue through solutions business Travel business (existing revenue stream) Solutions business (new revenue stream) ■Travel coordination according to wishes ■Cultivation of solutions

  26. Slide 26: Expanding revenue with digital marketing

    III. Promotion of the Medium-Term Business Plan (Expansion of Profitability through a New Business Model) Expanding revenue with digital marketing Expansion of sales channels Promotion of one ID ■Start EC mall TOBU MALL ■App consolidation ✓Launch a unique mall by creating and selling experience-base

  27. Slide 27: Realizing human friendliness: services using TOBU POINT

    III. Promotion of the Medium-Term Business Plan (Expansion of Profitability through a New Business Model) Aiming to realize human friendliness in a society in which people and communities shine together Strength of the Tobu Group Characteristics of railway lines ✓ The Group operates a variety of bus

  28. Slide 28: Presentation of #MiraiCheer Ticket to high school seniors

    III. Promotion of the Medium-Term Business Plan (Expansion of Profitability through a New Business Model) Aiming to realize human friendliness in a society in which people and communities shine together Presentation of “#MiraiCheer Ticket" to high school seniors Provide opportunities to create memor

  29. Slide 29: Creating towns where people want to live

    III. Promotion of the Medium-Term Business Plan (Expansion of Profitability through a New Business Model) Aiming to realize human friendliness in a society in which people and communities shine together Creating towns where people want to live and continue to live, utilizing characteristics of railw

  30. Slide 30: Aiming to capture maximum tourism demand

    III. Promotion of the Medium-Term Business Plan (Development of Existing Businesses) Aiming to capture maximum tourism demand Strengthening of inbound tourism efforts Utilization of digital sales channels Launch of special digital tickets for Capturing of Asian market Enhancement of NIKKO MaaS profi

  31. Slide 31: Maximizing revenue at international eco resort Nikko

    III. Promotion of the Medium-Term Business Plan (Development of Existing Businesses) Aiming to maximize revenue at international eco resort Nikko Improving appeal of whole area by reducing our environmental impact ✓Joint proposal with Nikko City and the Tochigi General Branch Office of TEPCO Power G

  32. Slide 32: Aiming to further increase the resident population

    III. Promotion of the Medium-Term Business Plan (Development of Existing Businesses) Aiming to further increase the resident population Opening/renovation of commercial facilities Provision of high-quality housing Opening new or renovating existing commercial Capturing demand for housing in suburban

  33. Slide 33: Redevelopment of the Ikebukuro area

    III. Promotion of the Medium-Term Business Plan (Development of Existing Businesses) Promotion of the redevelopment of the Ikebukuro area: international city of arts and culture ✓ Ikebukuro Station west area nominated as urban regeneration project for National Strategic Special Zone in October 2022

  34. Slide 34: Important Notes Concerning This Document

    Important Notes Concerning This Document The Company’s profit plan and other goals set forth in this document are based on projections of industry trends related to the business of the Company and Group companies and other such factors that impact business results, including the economy in Japan and

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