Ebara Corporation · TSE:6361
Ebara — Q3 2021 Earnings Presentation
19 slides from Ebara's earnings presentation, Nov 12, 2021
Slide 1: Results Presentation for Nine Months Ended September 30, 2021
Results Presentation for Nine Months Ended September 30, 2021 EBARA (6361) November 12, 2021
Slide 2: Table of Contents
Table of Contents Points of 1-3Q Results P.3 4. Appendix 1. FY21 1-3Q Summary of Results ・Orders P.12 ・Consolidated P.4 ・Revenue P.13 ・Segment P.5 ・Operating Profit P.14 ・Revenue by Region P.6 ・Backlog of Orders P.15 2. FY21 1-3Q Results by Segment ・Revenue by Region P.16 ・FMS Business*1 P.7 ・Balanc
Slide 3: Points of Results
Points of Results FY21 1-3Q Results FY21 Forecast YoY* YoY* ■ Orders ¥576.8 B. +57.4% ↗ ■ Orders ¥731.0 B. +43.0% ↗ ■ Revenue ¥419.9 B. +13.8% ↗ ■ Revenue ¥591.5 B. +13.2% ↗ ■ Operating Profit ¥37.3 B. +69.8% ↗ ■ Operating Profit ¥56.0 B. +49.1% ↗ * ↗ +5% change or more ↘ -5% change or more → less t
Slide 4: Consolidated
1. FY21 1-3Q Summary of Results Consolidated FY20 1-3Q FY21 1-3Q Change Change % (in billion yen) Orders 366.4 576.8 +210.3 +57.4% Revenue 369.0 419.9 +50.9 +13.8% Operating Profit 22.0 37.3 +15.3 +69.8% OP Ratio 6.0% 8.9% +2.9pts Profit Attributable 12.2 24.6 +12.3 +100.9% to Owners of Parent Excha
Slide 5: Segment
1. FY21 1-3Q Summary of Results Segment FY20 1-3Q FY21 1-3Q Change Change % (in billion yen) Orders 366.4 576.8 +210.3 +57.4% Revenue 369.0 419.9 +50.9 +13.8% Total Operating Profit 22.0 37.3 +15.3 +69.8% OP Ratio 6.0% 8.9% +2.9pts Orders 222.3 258.5 +36.2 +16.3% Revenue 220.7 237.8 +17.0 +7.7% FMS
Slide 6: Revenue by Region
1. FY21 1-3Q Summary of Results Revenue by Region FY20 1-3Q FY21 1-3Q Composition Composition (in billion yen) Results Results Change Change % of Revenue of Revenue Total 369.0 100.0% 419.9 100.0% +50.9 +13.8% In domestic market (Japan) 164.7 44.6% 179.2 42.7% +14.4 +8.8% In overseas market 204.3 55
Slide 7: FMS Business
2. FY21 1-3Q Results by Segment FMS Business Results (in billion yen) Highlights Pumps Orders 332.5 Revenue 326.0 Orders, revenue and profit of standard pumps increased FY20 FY21 258.5 301.1 313.2 due to recovery in the building equipment market (+) 222.3 237.8 220.7 Custom pumps saw an increase in
Slide 8: EP Business
2. FY21 1-3Q Results by Segment EP Business Results (in billion yen) Highlights Orders Orders 147.0 Revenue FY20 FY21 119.6 Received two large orders in 3Q 73.0 Revenue 61.6 67.4 Revenue from EPC* increased 61.9 50.0 47.9 43.9 28.5 36.0 31.3 19.4 28.7 4.5 17.2 Operating Profit Revenue increased (+)
Slide 9: PM Business
2. FY21 1-3Q Results by Segment PM Business Results (in billion yen) Highlights Orders Orders Revenue FY20 FY21 250.0 Capex in the semiconductor market remains 197.2 191.0 at a high level 116.8 146.6 130.8 140.3 Strong orders for both components and CMP 103.2 51.3 70.3 95.0 66.6 79.0 Revenue 40.0 26
Slide 10: FY21 Forecast: Consolidated
3. FY21 Forecast Consolidated * Prior Plan 1-4Q (in billion yen) FY20 FY21 P.Plan* FY21 Plan Change Change % Announced date(m/d/y) Aug/13/21 Nov/12/21 a b b-a Orders 511.2 701.0 731.0 +219.7 +43.0% Revenue 522.4 591.5 591.5 +69.0 +13.2% Operating Profit 37.5 56.0 56.0 +18.4 +49.1% OP Ratio 7.2% 9.5%
Slide 11: FY21 Forecast: Segment
3. FY21 Forecast Segment * Prior Plan 1-4Q (in billion yen) FY20 FY21 P.Plan* FY21 Plan Change Change % Announced date(m/d/y) Aug/13/21 Nov/12/21 a b b-a Orders 511.2 701.0 731.0 +219.7 +43.0% Revenue 522.4 591.5 591.5 +69.0 +13.2% Total Operating Profit 37.5 56.0 56.0 +18.4 +49.1% OP Ratio 7.2% 9.5
Slide 12: Orders
4. Appendix Orders * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) Aug/13/21 Nov/12/21 Total 124.1 258.0 366.4 511.2 159.4 344.9 576.8 701.0 731.0 FMS Business 79.1 150.8 222.3 301.1 78.9 165.4 258.5 332.5 332.5 Pumps 43.6 83.6 123.
Slide 13: Revenue
4. Appendix Revenue * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) Aug/13/21 Nov/12/21 Total 123.4 245.4 369.0 522.4 135.2 274.1 419.9 591.5 591.5 FMS Business 79.0 149.3 220.7 313.2 81.9 162.8 237.8 326.0 326.0 Pumps 46.5 81.9 120
Slide 14: Operating Profit
4. Appendix Operating Profit * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) Aug/13/21 Nov/12/21 Total 6.0 12.7 22.0 37.5 12.2 24.8 37.3 56.0 56.0 FMS Business 4.6 7.8 11.2 19.8 7.9 13.4 15.3 25.0 25.0 Pumps 4.6 5.9 6.4 9.2 7.6 10.0
Slide 15: Backlog of Orders
4. Appendix Backlog of Orders * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) Aug/13/21 Nov/12/21 Total 481.7 493.0 477.4 467.5 498.4 546.1 633.7 577.0 607.0 FMS Business 209.3 209.8 209.1 194.2 196.6 203.2 222.2 200.7 200.7 Pumps 8
Slide 16: Revenue by Region
4. Appendix Revenue by Region FY20 FY21 (in billion yen) 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q FMS Business 79.0 149.3 220.7 313.2 81.9 162.8 237.8 Japan 41.9 68.2 93.2 130.6 41.6 67.1 93.2 Asia (excl. Japan) 16.2 39.2 65.5 96.1 23.1 49.5 80.3 North America 9.0 13.5 23.3 29.1 5.4 14.0 19.2 Europe 5.0 14.5
Slide 17: Balance Sheets
4. Appendix Balance Sheets (in billion yen) FY20 3Q FY20 4Q FY21 3Q Change Change a b c c-a c-b Total Assets 647.8 644.7 691.7 +43.8 +46.9 Current Assets 447.2 440.0 471.8 +24.6 +31.8 Cash and cash equivalents 158.7 120.5 137.1 -21.6 +16.6 Trade receivables 165.7 200.0 184.6 +18.8 -15.4 Inventories
Slide 18: Cash Flows
4. Appendix Cash Flows * Prior Plan (in billion yen) 1-3Q 1-4Q FY20 FY21 Change FY20 FY21 P.Plan* FY21 Plan Change Announced date(m/d/y) Aug/13/21 Nov/12/21 a b b-a c d d-c CF from 66.7 65.1 -1.6 68.8 45.0 55.0 -13.8 operating activities CF from -20.7 -33.1 -12.4 -29.2 -43.0 -36.0 -6.7 investing act
Slide 19: Forward-looking statements notice
This release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements which are valid only as of the date thereof.