Nikkon Holdings Co., Ltd. · TSE:9072
Nikkon — FY2018 Earnings Presentation
35 slides from Nikkon's earnings presentation, May 23, 2019
Slide 1: Financial results briefing for the Fiscal Year Ended March 31, 2019
1 NIKKON Holdings Co.,Ltd. Financial results briefing for the Fiscal Year Ended March 31,2019 May 23, 2019 Masakatsu Kuroiwa President & CEO
Slide 2: Contents
Contents 2 １ Financial Summary P3～P9 ２ Growth Strategy P10～P19 ３ Return to Shareholders P20～P22
Slide 3: Financial Summary
NMIKKON , ee Financial Summary
Slide 4: Financial Summary: Summary for Fiscal Year
Financial Summary：Summary for Fiscal Year 4 ■Logistics Industry ■Trend in Japanese Economy The business environment The Japanese economy remained challenging due to recovered moderately due to chronic labor shortages. improvements in employment and income conditions. Rising logistics costs aga
Slide 5: Consolidated Statement of Earnings
Financial Results：Consolidated Statement of Earnings 5 Year Ended Mar. 31, 2019 （Million （百万円） of yen） Net sales 197,693 200,000 187,819 （Million Forecast Comparison 180,000 2018/3 2019/3 YoY of yen） Forecast Gained 160,000 140,000 ＋5.3% Net sales 187,819 197,693 +5.3% 195,000 101.4% 120,000 100,000
Slide 6: Consolidated Net Sales and Operating Profit by Reportable Segment
Financial Results：Consolidated Net Sales and Operating Profit in by Reportable Segment 6 Segment Net sales Operating profit Improvements in transportation efficiency and a Transportation Increased in cargo volume. decrease in depreciation expenses. Expansion of storage capacity and an increase in Wa
Slide 7: Consolidated Net Sales by Industry / Regions
Financial Results：Consolidated Net Sales by Industry / Regions 7 Increase in the transportation and testing Car Makers Japan Increased in automobile-related business. of completed vehicles. Increased in the volume of packaging North Auto-Parts Increased in automobile-related business. operations. Am
Slide 8: Consolidated Financial Ratios
Financial Results：Consolidated Financial Ratios 8 Primary factors of changes Total assets Increase of 14.583 billion yen in property, plant and equipment through capital expenditures. As for major decreases, cash, deposits and marketable securities declined 4.645 billion yen, mainly due to capit
Slide 9: Consolidated Cash Flows
Financial Results：Consolidated Cash Flows 9 2018/3 Free C/F ＋1,425 （Million of yen） ＋24,309 －22,884 Net Change －6,725 35,027 ▲8,330 ＋180 28,302 Cash flows from Cash flows from Beginning operating activities investing activities Cash flows from of year Other End of year financing activities ・Purchase
Slide 10: Growth Strategy
NIKKON ,, 2) Growth Strategy
Slide 11: Consolidated Capital Expenditure
Growth Strategy：Consolidated Capital Expenditure 11 Capital Expenditure “Year Ended Mar. 31, 2019” (Consolidated) Amount Breakdown （Million of yen） Descriptions 174 units Operating Fleets 1,662 (added or replaced) Buildings 14,441 Warehouses etc. Lands 2,255 Premises Machinery and Others 7,554 equip
Slide 12: Domestic Warehouses etc. Newly Built
Growth Strategy：Consolidated Capital Expenditure “Warehouses Newly Built or Extended” 12 Domestic Warehouses etc. Newly Built “Year Ended Mar. 31, 2019” Completion Facility Storage or Other NO. Company Name Location Facility Date Area Use NIPPON KONPO Kikuyou Town, 1 UNYU SOKO May.2018 Warehouse 3,7
Slide 13: Development center, Dormitory, Acquired income real estate
Growth Strategy：Consolidated Capital Expenditure “Development center, Dormitory, income property ” 13 Domestic Warehouses Newly Built “Year Ended Mar. 31, 2019” Completion Facility Company Name Location Date Facility Area Use AUTO TECHNIC JAPAN Hamamatsu City Development Automotive related Mar.2019
Slide 14: Overseas Warehouses Newly Built
Growth Strategy：Consolidated Capital Expenditure “Warehouses Newly Built or Extended” 14 Oversea Warehouses Newly Built “Year Ended Mar. 31, 2019” Completion Facility Storage or NO. Company Name Location Facility Date Area Other Use A.N.I. LOGISTICS, Prachinburi Automotive 1 LTD. May 2018 Warehouse
Slide 15: Lands Acquired
Growth Strategy：Consolidated Capital Expenditure ”Land” 15 Lands Acquired “Year Ended Mar. 31, 2019” Acquisition NO. Company Name Location Date Type Area Use NIKKON Holdings Business 1 Chuo City Tokyo May 2018 Land 244㎡ CO.,LTD. use NIPPON KONPO Nagahama City Business 2 May 2018 Land 29,875㎡ UNYU SO
Slide 16: Warehouses On Going Project
Growth Strategy：Consolidated Capital Expenditure “Warehouses On Going Project” 16 Capital Expenditure On Going Project “Year Ended Mar. 31, 2019” Date of Facility Storage or NO. Company Name Location completion Facility Area Other Use Plan Industrial NIPPON KONPO Nagahama City 1 May 2019 Warehouse 1
Slide 17: 11th Mid Term Business Plan Progress
Growth Strategy：11th Mid Term Business Plan Progress 17 11th Mid Term Business Plan Progress (Billion of yen) (Billion of yen) Net Sales Operating profit 210.0 208.0 21.0 20.5 197.6 20.0 200.0 20.0 187.8 190.0 5.2%UP 19.0 2.4%UP 5.3%UP 19.0 5.4%UP 180.0 4.7%UP 4.9%UP 170.0 18.0 2018/3 2019/3 2020/3
Slide 18: Progress of the 11th Mid-Term Management Plan
Growth Strategy：Progress of the 11th Mid-Term Management Plan 18 Results ending Mar. 2019（Apr. 2018 ～ Mar. 2019） 【NIKKON Holdings ：Important Agendas and Results of Measures】 M&A Matsuhisa Transport and Matsuhisa Sogo wholly owned subsidiaries. ① Tsukiji Real Estate Co., Ltd. was established Create a
Slide 19: Expansion of consolidated cargo transportation Business
Growth Strategy：Expansion of consolidated cargo transportation Business （NIOPPON KONPO UNYU SOKO the New Transportation Sales Dept.） 19 In order to meet customer needs, we will expand our consolidated cargo transportation business, including cargo other than automotive parts, by redeveloping and str
Slide 20: Return to Shareholders
NMIKKON ,, 6) Return to Shareholders
Slide 21: Historical Dividend and Dividend Payout Ratio Transition
Return to Shareholders： Historical Dividend and Dividend Payout Ratio Transition 21 For Year ended Mar. 31, 2019, the annual dividend is 67 yen, an increase of 2 yen from latest forecast thanks to increase in profit. For Year ended Mar. 31, 2020, 70 yen per share is currently expected. ¥50 ¥54 ¥
Slide 22: Acquisition of treasury stock
Return to Shareholders：Acquisition of treasury stock 22 Acquisition of treasury stock through share buybacks in the fiscal year ending March 2019 Total Total number acquisition NO. Acquisition period of shares price acquired (Million of yen) １ Apr. 1, 2018 ～ May 31, 2018 153,200 439 2 Sep. 10, 2018
Slide 23: Contact Us
23 CONTACT US NIKKON Holdings Co.,Ltd. Stock Division Department of Administration 6-17 Akashi-Cho, Chuo-ku, Tokyo, Japan TEL (03)3541-5330 FAX (03)3546-3659 http://www.nikkon-hd.co.jp E-mail:kouhou@nikkon.co.jp ◆Disclaimer: Any projections and forward-looking statements contained in business foreca
Slide 24: NIKKON at Glance
NMIKKON ,, NIKKON at Glance
Slide 25: Company Overview: Corporate Profile
Company Overview：Corporate Profile 25 Company Name NIKKON Holdings Co.,Ltd. E s t a b l i s h e d August 27, 1953 H e a d O f f i c e 6-17 Akashi-Cho, Chuo-ku, Tokyo, Japan Representative Masakatsu Kuroiwa President C a p i t a l s t o c k 11,316 Million of yen(as of March 31,2019) Number of (Consol
Slide 26: Company Overview: Our History
Company Overview：Our History 26 ■Sales trends and History Oct.2015 Company name changed to NIKKON Holdings Co., Ltd. Nov.2015 Established company in Malaysia （Billion of yen） 200 Jan.2014 Acquired shares of Ito Express Co., Ltd. Mar.2013 Acquired shares of Shinei Warehouse Co., Ltd. 180 Oct.2010 Est
Slide 27: Domestic Operating Sites
Company Overview：Domestic operating Sites（as of Mar. 31,2019） 27 Hokkaido area Number of domestic operating sites 270 Tomakomai (NK) Ebetsu 〃 【Legend】 Takasu Center 〃 Sapporo shinbun yuso Co.,Ltd. NIKKON Holdings Head office Hokkai Logistics service Co.,Ltd. Touhoku area NIPPON KONPO UNYU SOKO 86(op
Slide 28: Overseas Offices
Company Overview：Overseas Offices（as of Mar. 31, 2019） 28 Overseas locations 9 Countries 29 Companies ・NIKKON CHINA LOGISTICS CO.,LTD ・NK PARTS INDUSTRIES，INC. ・FUTIAN-NIKKON LOGISTICS ・NK AMERICA INC. (GUANGZHOU) CO.,LTD. ・Other 4 Companies ・Others 2 Companies ・NKP MEXICO.S.A.DE C.V. ・NK LOGISTICA
Slide 29: Historical Financial Data: Net Sales, Operating Profit, Operating Profit Ratio
Historical Financial Data: Net Sales・Operating Profit・Operating Profit Ratio 29 (Million of yen) (％) 250,000 Net Sales Operating Profit Operating Profit Ratio 12.0 10.1 10.1 10.1 10.1 9.6 10.0 200,000 9.0 8.9 7.8 7.3 8.0 7.1 150,000 6.0 100,000 197,693 174,031 179,312 187,819 165,205 170,076 4.0 140
Slide 30: Historical Financial Data: ROE, ROA
Historical Financial Data：ROE・ROA 30 (Million of yen) (％) 250,000 Net Sales ROE ROA 15.0 197,693 200,000 187,819 12.0 179,312 165,205 170,076 174,031 140,511 150,000 8.2 8.1 8.2 8.2 9.0 130,717 8.0 122,786 7.5 116,219 7.1 100,000 5.4 5.2 6.0 4.9 4.9 5.0 5.1 5.0 4.8 4.8 4.5 3.1 3.3 2.8 50,000 3.0 0 0
Slide 31: Historical Financial Data: Shareholder's Equity and Equity Ratio
Historical Financial Data: Shareholder’s Equity, Shareholder’s Equity-to-Total Asset Ratio 31 (Million of yen) (％) 200,000 Shareholder's Equity Shareholder's Equity-to-Total Asset Ratio 100.0 180,000 160,000 70.7 75.0 67.6 140,000 64.2 65.7 64.0 62.5 62.6 63.7 63.3 61.0 120,000 100,000 50.0 182,101
Slide 32: Balance Sheet
Balance Sheet 32 （Million of yen） 2017/3 2018/3 2019/3 2017/3 2018/3 2019/3 Total current assets 76,125 72,606 69,401 Total current liabilities 44,538 52,813 51,458 Notes and accounts Cash and deposits 18,592 17,755 16,940 10,481 11,573 11,330 payable-trade Notes and accounts Electronically recorded
Slide 33: 11th Mid-Term Management Plan: Overview
Mid-Term Management Plan ： 11th Mid-Term Management Plan: 【Overview】 33 ◆Overview for 11th Mid-Term Management Plan Name 『11th Mid-Term Management Plan （Challenge11）』 Term from 1st Apr., 2017 to 31st Mar., 2020 Tackle into a new stage as we solidify group’s all strength, Group’s Management become mo
Slide 34: Management Strategy: Positioning
Mid-Term Management Plan ： 11th Mid-Term Management Plan 【Management Strategy：Positioning】 34 【Basic Strategies】 １．Always pursue “Expansibility” and “Business Worthiness” Tackle：11th Mid-Term MP ２．Make the best of our Group’s Networks and purse synergy effects Challenge11 within the Group ３．Gain ins
Slide 35: Management Strategies: Concentrate Management Resources
Mid-Term Management Plan ： 11th Mid-Term Management Plan 【Management Strategies: Concentrate Management Resources】 35 Challenge11 Expand into Logistics-Related Regions to Expand Peripheral Business Total Logistics Transportation Testing Heavy machine plant Contract work・Temporary staffing Packaging
NIKKON Holdings Co.,Ltd. — FY2018 Earnings Presentation on 6ix