Yorozu Corporation · TSE:7294
Yorozu — FY2019 Earnings Presentation
12 slides from Yorozu's earnings presentation, June 2020
Slide 1: FY2019 Financial Results
FY2019 Financial Results Ken Shido, President & COO This is an internal English translation of the YOROZU FY2019 Financial Results issued in the Japanese language and is provided solely for the convenience of English speaking readers. In case of discrepancy the Japanese version prevails. The first s
Slide 2: FY2019 Consolidated Financial Statement Summary (Year on Year)
Ⅰ. FY2019 Financial Results Ⅱ. FY2020 Annual Forecast Ⅲ. COVID-19 Response Ⅳ. Recent Activities Ⅴ. Redistribution of Profits to Shareholders © YOROZU CORPORATION．2020 All Rights Reserved. FY2019 Consolidated Financial Statement Summary (Year on Year) Millions of Yen FY2018 FY2019 Year on Year FY2019
Slide 3: Consolidated Sales by Customer (FY18 vs. FY19 Results)
Consolidated Sales by Customer (FY18 vs. FY19 Results) Millions of Yen Millions of Yen 180,000 169,111 Customer FY2018 (%) FY2019 (%) 157,680 160,000 Nissan Gr * 116,994 69.2% 104,453 66.2% ＋1,235 Honda Gr 25,828 15.3% 24,935 15.8% Toyota （＋17.8％） 140,000 Toyota Gr 6,950 4.1% 8,185 5.2% Honda Toyota
Slide 4: Sales and Operating Income by Region
Sales and Operating Income by Region (Before Consolidation Adjustment FY18 vs. FY19 Results) ◆Sales -6,586 -3,083 -6,829 Difference Millions of Yen Rate of Change -11.6％ -4.4％ -11.5％ 100,000 70,654 67,571 56,563 59,392 52,563 49,977 50,000 0 FY18 FY19 FY18 FY19 FY18 FY19 Japan Americas Asia ◆Operati
Slide 5: Capital Investment and Depreciation Cost
Capital Investment and Depreciation Cost Capital Investment by Region Depreciation Cost by Region Millions of Yen 30,000 Japan Americas Asia Japan Americas Asia 24,643 25,000 20,013 20,000 15,500 15,451 15,000 11,915 12,075 12,522 11,216 10,870 10,592 10,000 5,000 0 FY15 FY16 FY17 FY18 FY19 FY15 FY1
Slide 6: FY2020 Consolidated Annual Forecast
FY2020 Consolidated Annual Forecast As the global outbreak of the coronavirus disease is not yet under control and uncertainty looms over foreign governments’ policies and customers’ production activities, we are faced with difficulties in making a proper estimate to date. Therefore, please understa
Slide 7: Infection Prevention and Operation at Major Production Sites
Infection Prevention Response to state of emergency and restrictions declared around the world ・Encouraged employees to generally work from home HQ (Yokohama) ・Set temporary closures, restrictions on business travels/meetings HQ (Tochigi) ・Adopted remote and on-site working shifts （Global Technical
Slide 8: Continued Kaizen Activity into FY2020
Continued Kaizen Activity into FY2020 Continue executives’ pay cuts for the time being Take measures to drastically reduce fixed costs and to shift such costs to variable costs, among others Continue Emergency Profit Kaizen (ongoing since FY2019) leaving no areas spared in our cost-cutting efforts ©
Slide 9: Recent Activities: Global SUV Startup and Company Reorganization
Recent Activities Startup of Global SUV (from 2020 onward) China Japan US Yorozu gets ready for successive launch of global SUV in Japan, US, and China to produce approximately 300 thousand units for the year © YOROZU CORPORATION．2020 All Rights Reserved. Company Reorganization Conventional Regional
Slide 10: Building Supervisory Confidence
Building Supervisory Confidence Board of Directors Nominating Compensation Committee Committee Inside Directors Outside Directors Supervision of Company Management Senior Management Elect an additional outside director who brings extensive expertise from years of experience serving as executive mana
Slide 11: Financial Strategy: Enhance return to shareholders
Financial Strategy: Enhance return to shareholders 271.5% （Yen/Share） 100 51.6% 50% 記念配当 Memorial 80 58yen 59yen 含む dividend 53yen included 40% 35.5% 35.4% 51yen 46yen 60 30% 18 26yen 20.1% 19 40 20yen 25yen 17yen 18yen 19yen 40 20% 16yen 23 40 16 5 20 13 10% 10 11 34 8 9 9 10 25 23 18 8 8 9 9 10 10
Slide 12: Disclaimer and Copyright
Disclaimer and Copyright Please note that this document contains the forward-looking statements. We ensure that our business forecast, estimation, and future strategies are based on the information we reasonably obtained as of the date of preparing this document and the judgment from normally-antici