Morita Holdings Corporation · TSE:6455
Morita — Q1 FY2020 Earnings Presentation
10 slides from Morita's earnings presentation, Jul 31, 2020
Slide 1: First Quarter Financial Results for FY2020
First Quarter Financial Results for FY2020 July 31, 2020 Securities Code: 6455 https://www.morita119.com/en © 2020 MORITA HOLDINGS CORPORATION
Slide 2: Outlook for Consolidated Performance
Outlook for Consolidated Performance bil. JPY Net Sales bil. JPY Operating Income 100 10 -4.5% 9.6 -8.5% 91.5 9.5 80 86.9 8 8.9 85.1 85.5 83.0 8.5 8.1 60 6 40 4 20 2 0 0 '16 '17 '18 '19 '20E '16 '17 '18 '19 '20E bil. JPY Ordinary Income bil. JPY Net Income 12 10 10 8 -7.8% 10.1 10.1 8 9.0 9.3 8.6 6
Slide 3: Outlook for Segment Performance
Outlook for Segment Performance bil. JPY Net Sales 2019A 2020E 60.0 -1% 51.0 50.5 40.0 -9% 20.0 -26% -2% 19.8 18.0 5.4 4.0 10.8 10.5 0.0 FFV FPES RM ECV bil. JPY Operating Income 2019A 2020E 8.0 +3% 6.0 5.7 5.9 4.0 2.0 -30% -61% -9% 1.7 0.51 0.20 1.2 0.88 0.80 0.0 FFV FPES RM ECV * FFV: Fire Fightin
Slide 4: Performance Composition by Quarter
Performance Composition by Quarter Net Sales Operating Income bil. JPY bil. JPY 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 100 11 91.5 9.6 9.5 86.9 10 90 85.1 85.5 8.9 83.0 8.5 9 8.1 80 37.3 8 4.4 70 32.2 35.2 (41%) 35.1 (46%) 5.6 (38%) (41%) (40%) 7 (59%) 4.8 5.1 (56%) (58%) 60 6 50 72.6 5 22.2 8.6 20.1 (87%) 23.2 4
Slide 5: Consolidated Performance
Consolidated Performance (1Q) bil. JPY bil. JPY 15 Net Sales 0.5 Operating Income -8% 10 12.1 0.0 11.0 10.7 11.3 -0.2 10.4 -0.3 -0.3 -0.6 -0.5 5 -0.5 0 -1.0 '16 '17 '18 '19 '20 '16 '17 '18 '19 '20 bil. JPY 40 Order Intake +1% bil. JPY 60 Order Backlog +1% 30 35.0 35.3 35.6 32.2 40 48.3 49.2 49.6 27.
Slide 6: Fire Fighting Vehicles
Fire Fighting Vehicles (1Q) bil. JPY bil. JPY 6 Net Sales 0.6 Operating Income -16% 4 4.7 4.6 0.0 4.2 4.0 -0.3 3.8 -0.6 -0.6 2 -0.6 -0.7 -0.9 0 -1.2 '16 '17 '18 '19 '20 '16 '17 '18 '19 '20 bil. JPY bil. JPY 40 Order Intake 50 Order Backlog +2% +4% 40 30 29.7 30.4 30 35.9 37.3 36.8 38.3 27.2 28.8 20
Slide 7: Fire Protection Equipment & Systems
Fire Protection Equipment & Systems (1Q) bil. JPY bil. JPY Net Sales 0.4 Operating Income 6 5.2 -6% 0.2 0.3 4 3.8 3.8 3.5 0.2 3.3 0.1 2 0.0 -0.01 -0.01 0 -0.2 '16 '17 '18 '19 '20 '16 '17 '18 '19 '20 bil. JPY 3 Order Intake bil. JPY 5 Order Backlog +7% 4 2 2.4 +4% 4.0 3 3.7 3.8 1.7 1.7 2 2.7 1 1.5 1.
Slide 8: Recycling Machines
Recycling Machines (1Q) bil. JPY bil. JPY 1.2 Net Sales 0.10 Operating Income +4% 0.9 -10% 0.05 0.06 0.07 0.9 0.6 0.8 0.8 0.00 0.6 -0.03 -0.03 0.6 -0.01 0.3 -0.05 0.0 -0.10 '16 '17 '18 '19 '20 '16 '17 '18 '19 '20 bil. JPY 3 Order Intake bil. JPY 4 Order backlog 3 3.4 2 -33% 2 2.6 2.6 -27% 2.3 1 1.4
Slide 9: Environmental Conservation Vehicles
Environmental Conservation Vehicles (1Q) bil. JPY bil. JPY 3 Net Sales 0.3 Operating Income +10% 2 2.3 0.2 0.23 2.2 2.2 2.1 2.1 +21% 1 0.1 0.11 0.10 0.08 0.04 0 0.0 '16 '17 '18 '19 '20 '16 '17 '18 '19 '20 bil. JPY 4 Oder Intake bil. JPY 6 Order Backlog -3% 3 +1% 5.1 4 5.0 3.0 2.9 4.5 4.6 2 4.1 2.3 2
Slide 10: Forward-looking statements disclaimer
This document contains forward-looking statements. Where any such forward-looking statement includes a statement of the assumptions, bases underlying such a forward-looking statement, or economic environment in the primary markets and fluctuations of demand and supply, Morita Holdings cautions that