Mirait One Corporation · TSE:1417
Mirait One — MIRAIT Holdings — Q2 FYE 3/2022 Earnings Presentation
30 slides from Mirait One's earnings presentation, Nov 24, 2021
Slide 1: Financial Results Presentation for Q2 FYE 3/2022
Financial Results Presentation for Q2 FYE 3/2022 November 24, 2021 MIRAIT Holdings Corporation
Slide 2: Today’s Agenda
Today’s Agenda Ⅰ Financial Results for Q2 FYE 3/22 Ⅱ FYE 3/22 Full-year Forecast １ FYE 3/22 Full-year Forecast ２ Shareholder Returns Ⅲ Topics Management Strategy for the New Group Ⅳ after the Merger of Three Companies （Note）”Net income attributable to owners of parent” is referred to as “net income”
Slide 3: Ⅰ．Financial Results
nw 1 Financial Results
Slide 4: Orders received 249.6 bil. yen
Orders received +20.5 Orders received 249.6 222.6 229.1 249.6 bil. yen （＋20.5 bil. yen yoy ） （bil. yen） 159.7 ○Work to build advanced wireless networks ○5G-related work ■ ICT ○Large-scale electrical work ■ Environmental & Social ○Datacenter work ■ Multi-carrier ■ ＮＴＴ Record-high orders Q2 Q2 Q2 Q2 F
Slide 5: Net sales: 5th consecutive year of record-high sales
Net sales +20.1 Net sales 211.8 211.8 bil. yen 191.7 （＋20.1 bil. yen yoy） （bil. yen） 182.9 140.3 5th consecutive ■ ICT year of ■ Environmental & Social record-high sales ■ Multi-carrier ■ ＮＴＴ Q2 Q2 Q2 Q2 FYE 3/19 FYE 3/20 FYE 3/21 FYE 3/22 4
Slide 6: NTT Business net sales
NTT Business Net sales 75.2 bil. yen （＋6.9 bil. yen yoy） ○Work to build advanced wireless networks ○Facility management ▲Civil engineering 5
Slide 7: Multi-carrier Business net sales
Multi-carrier Business Net sales 46.5 bil. yen （＋6.7 bil. yen yoy） ○5G-related work ○Rakuten projects nation-wide ○CATV work ▲Some delays in delivery of materials and parts 6
Slide 8: Environmental & Social Innovation Business net sales
Environmental & Social Innovation Business Net sales 22.4 bil. yen （-3.4 bil. yen yoy） ○Water utility/ sewage ○Electrical work ▲Mega-solar ▲Air conditioning 7
Slide 9: ICT Solutions Business net sales
ICT Solutions Business Net sales 67.6 bil. yen （＋9.9 bil. yen yoy） ○Domestic LAN ○Datacenter work ○Global (Lantrovision) ○Sales of goods （Mobile-related ） 8
Slide 10: Operating income
Operating income Operating income 11.0 5.2% 11.0 bil. yen （＋4.3 bil. yen yoy） （bil. yen） +4.3 Operating income ratio 6.7 5.0 4.9 5.2％ Operating （+1.7p yoy) income ratio 3.6% 3.5% Record-high 2 2.7% Q2 Q2 Q2 Q2 for the nd FYE 3/19 FYE 3/20 FYE 3/21 FYE 3/22 consecutive year 9
Slide 11: Operating income change factors
Operating income SG&A Operating income 11.0 bil. yen Gross profit margin ＋1.8p +3.9 -1.9 11.0 （＋4.3 bil. yen yoy） （bil. yen） Increase in net sales +2.3 +6.7 ○Further operational efficiency ○Profit growth in non- Adoption of accounting communication businesses standard for revenue （Environmental and
Slide 12: Net income
Net income Net income 7.8 7.8 bil. yen （＋3.1 bil. yen yoy） （bil. yen） +3.1 4.7 3.6 Record-high 2 3.3 for the nd consecutive year Q2 Q2 Q2 Q2 FYE 3/19 FYE 3/20 FYE 3/21 FYE 3/22 11
Slide 13: Ⅱ．FYE 3/22 Full-year Forecast
Ⅱ．FYE 3/22 Full-year Forecast
Slide 14: FYE 3/22 full-year forecast: upward revision of initial forecast
FYE 3/22 full-year forecast Upward revision of initial forecast Orders received 480.0 ⇒ 490.0 bil. yen (+10.0) Net sales 470.0 ⇒ 480.0 bil. yen (+10.0) Op. income 30.5 ⇒ 32.0 bil. yen (+ 1.5) Net income 21.0 ⇒ 22.5 bil. yen (+ 1.5) 13
Slide 15: Shareholder returns: dividend 45 yen to 50 yen
Shareholder returns Strengthen shareholder returns Dividend 45 yen ⇒ 50 yen （2nd consecutive year of dividend increase） Share repurchase 3.0 bil. yen （3rd consecutive year of share repurchase） Further dividend increase in H2 50 yen ⇒ 55 yen 14
Slide 16: Ⅲ．Topics
Ⅲ． Topics
Slide 17: Designated as DX-Certified Business Operator
Designated as DX-Certified Business Operator Achieved DX Certification from METI (DX-Certified Business Operator) Creating new values Contribute to DX of communities/ enterprises Point group data acquisition service 16
Slide 18: Inclusion in JPX-Nikkei 400
Inclusion in JPX-Nikkei 400 Selected as constituent for JPX-Nikkei 400 index in FY2021 Comprised of companies that meet global investment standards such as the efficient use of capital and investor-focused management perspectives Enhanced corporate value 17
Slide 19: Ⅳ．Management Strategy for the New Group after the Merger of Three Companies
Ⅳ．Management Strategy for the New Group after the Merger of Three Companies
Slide 20: Progress on establishment of the New Group and merger of three companies
Progress on establishment of the New Group and merger of three companies STEP１ STEP２ FY2021 FY2022 Apr Jul Oct Present ▼ July（plan） ▼ ▼ ▼ ▼ Merger of three companies/ establishment of New Group Launch of “ONE TEAM” ＜ Strengthen group coordination ＞ New Group SI Business restructuring Entity Solution
Slide 21: Achieving growth at the New Group
Achieving growth at the New Group Societal Issues World Japan Regions and Earth communities Ｐ Ｍ f Redefine Purpose and Mission Being formulated by f To be announced all management and in May 2022 employees Ｖ NEXT MIRAIT Group Vision 2030 （tentative） f Important societal issues to be addressed(Materi
Slide 22: Important societal issues to be addressed (Materiality)
Important societal issues to be addressed (Materiality) Ｅ Creating and preserving an environmentally-friendly society ●Realize a carbon-free society through business activities ●Contribute to the creation of environmentally-friendly and resilient communities Ｓ Creating and preserving a safe, secure
Slide 23: Business transformation and the “Five Changes”
Business transformation and the “Five Changes” ５ Ｃｈａｎｇｅｓ Ｅ Ｓ Ｇ Ｃｈａｎｇｅ １ People-centric management Ｃｈａｎｇｅ２ Ｃｈａｎｇｅ ３ Acceleration of Top-class business growth profitability Ｃｈａｎｇｅ ４ Management based on data insights Ｃｈａｎｇｅ ５ Strong foundation for ESG management 22
Slide 24: People-centric Management
People-centric Management Ｃｈａｎｇｅ １ Company full of excitement Transformation of business/ acceleration of growth Changing societies and the future Organization with talented human capital Development of Multi-skilled Flexible allocation of Data-based education professionals/ staff human capital mana
Slide 25: Acceleration of business growth: Full-Value Model
Acceleration of business growth Ｃｈａｎｇｅ ２ to date Resource allocation to “Future Domains” Future domains Base Frontier Accelerate “community creation” and domains domains Full-Value Model “enterprise DX/GX” businesses Shift to Launch green power business Topic 1 ・NTT ・ICT ・Multi-carrier ・Environmenta
Slide 26: Launch of green power business
Launch of green power business Ｃｈａｎｇｅ ２ Topic (1) Launch of business to build and sell green power generation facilities and sale of green power ● Building and selling of power generation facilities ● PPA business (sale of electricity) Creating new value through ● Self-consumption renewable energy b
Slide 27: Software business as a strategic subsidiary
Ｃｈａｎｇｅ ２ Topic (2) Software business as a strategic subsidiary New Strategic SI ● Centralize software- Co. related management New Group Entity Mirait SI Business Division × Mirait Information System resources to further specialize and advance ＭＲＴ ＭＴＣ capabilities ● Improve flexibility and Trust Syst
Slide 28: Initiatives to strengthen ESG-based management (Step 1)
Initiatives to strengthen ESG-based Ｃｈａｎｇｅ ５ management (Step 1) Establishment of ESG management system Established committee to promote ESG management (Sep. 2021) Board of Directors Management Meeting Chairman：CEO ESG Management Promotion Committee Members ：CEOs of group companies/ executive office
Slide 29: Building and Maintaining a Bridge to the Future
Building and Maintaining a Bridge to the Future 28
Slide 30: Precautionary Statement
Precautionary Statement Statements and quotes relevant to the forecasted values in this handout are the future prospects based on the plans and prospects of the Company at this point in time. The actual business results could be significantly different from those stated in this handout due to change
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