Toyo Engineering Corporation · TSE:6330
Toyo Engineering — FY2013 Earnings Presentation
20 slides from Toyo Engineering's earnings presentation, May 14, 2014
Slide 1: Outline of Financial Results, Fiscal year ended March 2014
OUTLINE OF FINANCIAL RESULTS Fiscal year ended March 2014 May 14, 2014 Toyo Engineering Corporation
Slide 2: Contents
Toyo Engineering Corporation © 2014 Contents マスター タイトルの書式設定 Outline of income statement New orders Performance summary 3 New orders 13 Income statement, Backlog of contracts 15 Comprehensive income 5 Net sales 6 Forecast 17 Gross profit 8 Operating, Ordinary & Net income 9 -Reference- Financial posi
Slide 3: Performance summary
Toyo Engineering Corporation © 2014 Performance マスター summary タイトルの書式設定 Increased in revenue but decreased in profit compared with the last fiscal year. New orders marked record historical high. New orders : 365.1 billion yen 3
Slide 4: Performance summary
Toyo Engineering Corporation © 2014 Performance マスター summary タイトルの書式設定 Billion yen Forecast Achieve- 2013/3 2014/3 Difference 2014/3 Difference ment as of Nov 13, 2013 Net sales 228.7 230.1 1.4 1% 250.0 (19.9) 92% Gross profit 24.2 25.1 0.9 4% 24.0 1.1 105% Gross profit rate 10.6% 10.9% 0.3% 9.6% 1.
Slide 5: Income statement, Comprehensive income
Toyo Engineering Corporation © 2014 Income マスター statement, Comprehensive income タイトルの書式設定 Billion yen 2013/3 2014/3 Forecast Difference 2014/3 Difference Billion yen % Billion yen % as of Nov 13, 2013 Net sales 228.7 100.0 230.1 100.0 1.4 250.0 (19.9) Cost of sales 204.5 89.4 204.9 89.1 (0.4) Gross
Slide 6: Net sales
Toyo Engineering Corporation © 2014 Net sales マスター タイトルの書式設定 Billion yen Compared with the last fiscal year 228.7 230.1 2013/3 2014/3 Difference EPC 215.5 215.9 0.4 0% IT 11.0 12.1 1.1 10% 157.8 Real estate 2.2 2.1 (0.1) -5% 155.6 Total 228.7 230.1 1.4 1% 2013/3 2014/3 Difference Japan 44.4 36.2 (8.
Slide 7: Net sales
Toyo Engineering Corporation © 2014 Net sales マスター タイトルの書式設定 Billion yen Breakdown by region Breakdown by segment details Others 12.2 Chemical Japan China 13.7 Others 45.8 fertilizers 36.2 5% 44.7 Central 6% 16% 20% 20% and Real estate 2.1 South IT 12.1 1% America 18% 2014/3 2014/3 42.8 General 5% 2
Slide 8: Gross profit
Toyo Engineering Corporation © 2014 マスターGross profit タイトルの書式設定 Billion yen Gross profit rate 17.1% 15.8% 26.5 24.9 25.1 24.2 10.6% 10.9% 2011/3 2012/3 2013/3 2014/3 Compared with the last fiscal year 2013/3 2014/3 Difference 24.2 25.1 0.9 4% Compared with forecast 2011/3 2012/3 2013/3 2014/3 2014/3
Slide 9: Operating, Ordinary & Net income
Toyo Engineering Corporation © 2014 Operating, マスターOrdinary & Net income タイトルの書式設定 Line chart : Profit rate (%), Bar chart : Amount (billion yen) Operating income Ordinary income Net income 4.4% 4.5% 3.4% 3.2% 1.8% 2.1% 2.4% 2.4% 0.7% 0.2% 0.6% 0.4% 2011/3 2012/3 2013/3 2014/3 EPC 5.6 4.1 0.3 (0.8)
Slide 10: Balance sheet
Toyo Engineering Corporation © 2014 Balance マスター sheet タイトルの書式設定 Billion yen Assets 2013/3 2014/3 Difference Liabilities and net assets 2013/3 2014/3 Difference Current assets 188.5 202.0 13.5 Current liabilities 133.1 140.1 7.0 Cash and deposits 52.3 73.8 21.5 Short-term interest bearing debt 12.9
Slide 11: Interest bearing debt balance
Toyo Engineering Corporation © 2014 Interest マスターbearing debt balance タイトルの書式設定 Billion yen 44.7 38.8 40.0 36.6 7.6 8.2 8.6 Consolidated subsidiaries 13.9 +4.7 37.1 30.6 31.4 Non-consolidated 22.7 2011/3 2012/3 2013/3 2014/3 Interest bearing debt ratio Debt equity ratio (times) Net debt (billion yen
Slide 12: Cash flows
Toyo Engineering Corporation © 2014 マスター Cash flows タイトルの書式設定 Billion yen Cash flows 2011/3 2012/3 2013/3 2014/3 Operating activities 11.3 5.7 (18.9) 21.2 Investing activities (1.3) (2.4) (1.5) (1.6) Financing activities 3.8 0.1 (0.5) 3.1 Net increase/decrease in cash 13.3 3.1 (18.9) 25.2 Free cash
Slide 13: New orders
Toyo Engineering Corporation © 2014 マスターNew orders タイトルの書式設定 Billion yen 2014/3 New orders : 365.1 billion yen 365.1 Major contracts 31.1 Over 50 billion yen Petrochemical, TURKMENISTAN 290.4 Oil refinery, CANADA 269.1 37.4 Over 20 billion yen Petrochemical, INDONESIA 222.5 49.1 Petrochemical, EGYPT
Slide 14: New orders
Toyo Engineering Corporation © 2014 マスターNew orders タイトルの書式設定 Billion yen Breakdown by Breakdown by 365.1 365.1 region segment details 290.4 290.4 269.1 269.1 222.5 222.5 2011/3 2012/3 2013/3 2014/3 2011/3 2012/3 2013/3 2014/3 Japan 38.9 49.1 37.4 31.1 Chemical fertilizers 34.9 18.3 114.7 27.3 Southe
Slide 15: Backlog of contracts
Toyo Engineering Corporation © 2014 Backlog マスター of contracts タイトルの書式設定 Billion yen 2014/3 Backlog of contracts 538.0 538.0 billion yen 20.8 Major contracts 410.4 24.4 Over 50 billion yen 359.1 Chemical fertilizer, INDONESIA 30.7 Petrochemical, TURKMENISTAN Oil refinery, CANADA 224.6 517.2 Japan 21.
Slide 16: Backlog of contracts
Toyo Engineering Corporation © 2014 Backlog マスター of contracts タイトルの書式設定 Billion yen Breakdown by Breakdown by region 538.0 segment details 538.0 410.4 410.4 359.1 359.1 224.6 224.6 2011/3 2012/3 2013/3 2014/3 2011/3 2012/3 2013/3 2014/3 Japan 21.3 30.7 24.4 20.8 Chemical fertilizers 55.4 74.8 151.3
Slide 17: Forecast
Toyo Engineering Corporation © 2014 Forecast マスター タイトルの書式設定 Billion yen Forecast 2014/3 2015/3 Segment breakdown Net sales 230.1 290.0 of the forecast Gross profit 25.1 33.0 Gross profit rate 10.9% 11.4% Net sales 2015/3 Operating income 0.4 7.0 EPC 275.5 IT 12.5 Operating income rate 0.2% 2.4% Real
Slide 18: Forecast
Toyo Engineering Corporation © 2014 Forecast マスター タイトルの書式設定 Billion yen Net sales New orders Profit rate Payout ratio Gross profit rate 10.9% 11.4% 59.5% 365.1 Operating income rate 330.0 25.6% 290.0 230.1 2.4% 0.2% 2014/3 2015/3 2014/3 2015/3 2014/3 2015/3 2014/3 2015/3 Gross profit Operating incom
Slide 19: Reference: Historical data
Toyo Engineering Corporation © 2014 -Reference- Historical data マスター タイトルの書式設定 Forecast 2011/3 2012/3 2013/3 2014/3 2015/3 Net sales Billion yen 155.6 157.8 228.7 230.1 290.0 Gross profit Billion yen 26.5 24.9 24.2 25.1 33.0 Gross profit rate % 17.1% 15.8% 10.6% 10.9% 11.4% Operating income Billion
Slide 20: Toyo Engineering Corporation contact
Toyo Engineering Corporation URL http://www.toyo-eng.co.jp For further questions on this material, please contact: Kenji SATO General Manager Corporate Communications Division 2-8-1 Akanehama, Narashino, Chiba, Japan 275-0024 TEL +81-47-454-1681 E-mail ir@ga.toyo-eng.co.jp The forecasts given above