Nippon Sanso Holdings Corporation · TSE:4091
Nippon Sanso — Taiyo Nippon Sanso — Jefferies 2013 Global Industrials Conference
9 slides from Nippon Sanso's conference presentation, Aug 13, 2013
Slide 1: Jefferies 2013 Global Industrials Conference
Taiyo Nippon Sanso Corporation Jefferies 2013 Global Industrials Conference August 13, 2013 1 1 Taiyo Nippon Sanso Corporation (TNSC) One of the five global gas majors 5th largest industrial gas supplier in the world Largest in Japan Global sales > $5 billion 5.5% 10-year CAGR Founded in 1910 Nippon
Slide 2: TNSC Business Overview and Global Network
TNSC Business Overview Industrial Gases: 63% Medical Care: 4% On-site gas supply Synthesized-air (pure air) Liquefied gases supply systems Packaged gases Liquid oxygen systems for Cutting & welding home-based oxygen treatments equipment Water-18O stable isotope Electronics: 19% LP Gas: 8% Semiconduc
Slide 3: Q1 2014 Results and Business Segments
Q1 2014 Results (Millions of JPY) Q1 FY14 Q1 FY13 YoY YoY % (June 2013 *1) (June 2012) Net sales 123,130 112,378 +10,751 +9.6% Operating income 7,373 6,194 +1,179 +19.0% OI margin 6.0% 5.5% - - Net income 4,492 3,059 +1,433 +46.8% EBITDA 16,237 13,995 +2,242 +16.0% Sales Growth + 9.6% Excluding FX I
Slide 4: Q1 2014 by Regional Segment; Regional Growth Initiatives
Q1 2014 – by Regional Segment Billions of JPY Sales to third parties Japan Strong sales in Electronics equipment 140 offset by decline in plant sales US 120 +67.7% Sales increased due to strong orders in Package Gas / Propane and favorable 100 +27.3% foreign exchange rate Asia 80 Asia Sales increase
Slide 5: Creation of New Business; Asian Business Expansion Strategy
Creation of New Business Hydrogen Filling Station Japanese government plans to build 100 hydrogen filling stations by 2015 for FCV TNSC has achieved 50% cost reduction, the highest filling pressure of 70 MPa and a filling * Mobile hydrogen station speed of 5 kg of hydrogen per 3 minutes Water-18O St
Slide 6: Strategies and Major Initiatives
Strategies and Major Initiatives Vertical Integration of Bulk and Distribution – M&A Profitable Growth Total Customer Focus Electronics Strategic Customers and High-valued Products Operations Specialty Gases Network Corporate Functions Sales Expansion Sales System Drives New Business Growth Quality
Slide 7: Vertical Integration M&A; Specialty Gases Network Expansion
Vertical Integration of Bulk and Distribution – M&A Linweld – 2006 Valley National Gases – 2009 Aeris – 2008 Other Acquired Companies Five Star – 2008 Polar- 2007 Western Intl - 2010 Quimby - 2011 A&F Welding - 2012 Evergreen Supply- 2012 US Airweld – 2012 13 Specialty Gases Network Expansion Portla
Slide 8: Full Year FY2014 Outlook; Sales by Region
Full Year FY2014 Outlook FY14 FY13 (Millions of JPY) Projection Actual YoY YoY % (March 2014) (March 2013) Net sales 514,000 468,387 +45,613 +9.7% Operating income 31,500 24,884 +6,616 +26.6% OI margin 6.1% 5.3% - - Net income (loss) 17,100 (2,071) +19,171 - EBITDA 68,600 57,277 +11,323 +19.8% Sales
Slide 9: Thank you!
Thank you! \ TAIYO NIPPON SANSO The Gas Professionals
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