Yorozu Corporation · TSE:7294

Yorozu — H1 2019 Earnings Presentation

18 slides from Yorozu's earnings presentation, December 2019

  1. Slide 1: FY2019 First-half Financial Results

    FY2019 First-half Financial Results Ken Shido, President & COO This is an internal English translation of the YOROZU 2019 First-half Financial Report issued in the Japanese language and is provided solely for the convenience of English speaking readers. In case of discrepancy the Japanese version pr

  2. Slide 2: Consolidated Financial Statement Summary for FY2019 1H

    Ⅰ. FY2019 First-half Financial Performance Ⅱ. Emergency Profit Kaizen Activities Ⅲ. FY2019 Annual Forecast Ⅳ. Recent Activities and Targets Ⅴ. Redistribution of Profits to Shareholders © YOROZU CORPORATION. 2019 All Rights Reserved. 3 Consolidated Financial Statement Summary for FY2019 1H (Year on Y

  3. Slide 3: Consolidated Sales by Customer and Operating Income Change Factors

    Consolidated Sales by Customer (FY18 1H to FY19 1H ) Millions of yen Millions of yen 100,000 Customer 2018 2Q (%) 2019 2Q (%) 90,000 82,433 78,204 Nissan Gr * 56,356 68.4% 51,284 65.6% 80,000 Honda Gr 13,504 16.4% 12,593 16.1% 70,000 Toyota +632 Toyota Gr 3,091 3.7% 3,723 4.8% （+20.4%) Honda Toyota

  4. Slide 4: Balance Sheet Summary and Sales and Operating Income by Region

    Sales and Operating Income by Region (Before Consolidation Adjustment, FY18 1H to FY19 1H) ◆Sales -3,719 +196 Changes Millions of yen -4,200 -13.0％ +0.6％ Rate of -14.3％ changes 40,000 34,020 34,216 28,654 29,450 24,935 25,250 20,000 0 FY18 FY19 FY18 FY19 FY18 FY19 Japan Americas Asia ◆Operating Inco

  5. Slide 5: Emergency Profit Kaizen Activities

    Ⅰ. FY2019 First-half Financial Performance Ⅱ. Emergency Profit Kaizen Activities Ⅲ. FY2019 Annual Forecast Ⅳ. Recent Activities and Targets Ⅴ. Redistribution of Profits to Shareholders © YOROZU CORPORATION. 2019 All Rights Reserved. 9 Emergency Profit Kaizen Activities ・Impact of prolonged US-China

  6. Slide 6: Emergency Profit Kaizen Activities: Squeeze and Stop

    Emergency Profit Kaizen Activities ① Ensure maximum efficiency through a production system 1 aligned with volume ・Flexible production line to handle fluctuating volume ・Power cost reduction ・Yield ratio improvement Production system is updated to align with changes in the environment, and thereby en

  7. Slide 7: Squeeze and Stop - Painting; Drastic Cost Cuts

    Emergency Profit Kaizen Activities ① Squeeze ・ Stop - Painting Painting Line – Now Painting Line - Before Squeeze ・ Stop If ASSY production is squeezed Idling Hooks No Idling Hooks Painting line is stopped completely By stopping the painting line on Friday, power cost is reduced by 20% © YOROZU CORP

  8. Slide 8: Forecast Summary for FY2019 Consolidated Results

    Ⅰ. FY2019 First-half Financial Performance Ⅱ. Emergency Profit Kaizen Activities Ⅲ. FY2019 Annual Forecast Ⅳ. Recent Activities and Targets Ⅴ. Redistribution of Profits to Shareholders © YOROZU CORPORATION. 2019 All Rights Reserved. 15 Forecast Summary for FY2019 Consolidated Results ◆Profit and Los

  9. Slide 9: Consolidated Sales by Customer (FY18 Results to FY19 Forecast)

    Consolidated Sales by Customer (FY18 Results to FY19 Forecast) Millions of yen Millions of yen 180,000 169,111 163,000 Customer FY18 Results (%) FY19 Forecast (%) 160,000 Nissan Gr * 116,994 69.2% 108,040 66.3% +1,273 Toyota （+18.3%) Honda Gr 25,828 15.3% 25,340 15.5% 140,000 Toyota Honda Toyota Gr

  10. Slide 10: Regional Forecast; Capital Investment and Depreciation

    Sales and Operating Income by Region (Before Consolidation Adjustment, FY18 Results to FY19 Forecast) ◆Sales -403 -2,594 Changes Millions of yen -5,089 -0.7％ -3.7％ -8.6％ Rate of 100,000 changes 70,654 68,060 56,563 56,160 59,392 54,303 50,000 0 FY18 FY19 FY18 FY19 FY18 FY19 Japan Americas Asia ◆Oper

  11. Slide 11: Recent Activities and Targets

    Ⅰ. FY2019 First-half Financial Performance Ⅱ. Emergency Profit Kaizen Activities Ⅲ. FY2019 Annual Forecast Ⅳ. Recent Activities and Targets Ⅴ. Redistribution of Profits to Shareholders © YOROZU CORPORATION. 2019 All Rights Reserved. 21 (1) Improvement in Profitability ・Company management based on fr

  12. Slide 12: Tack welding, Main assembly, Jig changeover

    © YOROZU CORPORATION. 2019 All Rights Reserved. 23 Tack welding Main assembly Jig changeover © YOROZU CORPORATION. 2019 All Rights Reserved. 24 12

  13. Slide 13: Lightweight Tech Development from 2018 to 2020

    Further Progress in Product Competitiveness & Development Capability Lightweight Tech Development from 2018 to 2020 ～2017 2018～2020 2021～ Innovation of in-house products New structure, New method & New material are the keys to Lightweight, High Tensile & Cost Cut ～2017 Achieved 15% weight reduction

  14. Slide 14: Front Suspension Member for ALTIMA; Battery Case Idea

    Further Progress in Product Competitiveness and Development Capability -Development of Lightweight Tech ALTIMA (old model) New ALTIMA 【SOP】 【SOP】 US: June, 2012 US: August, 2018 Front SUSPENSION MEMBER for ALTIMA in North America Item Old Model New Model Main 540MPa class 540MPa class Material Gener

  15. Slide 15: Enhancement of Corporate Capabilities: Health Management

    Enhancement of Corporate Capabilities Health Management Health Management Declaration – The aim is to realize a healthy & engaging workplace (Oct 2019) ＜Our Focus＞ Stress test ① Promote a healthy way of life and prevent lifestyle-related diseases ② Promote mental wellness activities ③ Promote work-l

  16. Slide 16: Effectual Supervisory Functions; Customer Awards

    Enhancement of Corporate Capabilitis -Effectual Supervisory Functions- Nominating Compensation Outside Director Committee Committee Supervise management Management © YOROZU CORPORATION. 2019 All Rights Reserved. 31 Nissan Motor Toyota Motor Honda Motor Regional Quality Award from Appreciation Award

  17. Slide 17: Financial Strategy: Extension of Shareholders Benefit Program

    Ⅰ. FY2019 First-half Financial Performance Ⅱ. Emergency Profit Kaizen Activities Ⅲ. FY2019 Annual Forecast Ⅳ. Recent Activities and Targets Ⅴ. Redistribution of Profits to Shareholders © YOROZU CORPORATION. 2019 All Rights Reserved. 33 Financial Strategy: Extension of Shareholders Benefit Program 27

  18. Slide 18: Thank you for your attention; Disclaimer and Copyright

    FY2019 First-half Financial Results Thank you for your attention Yorozu Website http://www.yorozu-corp.co.jp © YOROZU CORPORATION. 2019 All Rights Reserved. 35 Disclaimer and Copyright Please note that this document contains the forward-looking statements. We ensure that the business forecast, estim

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