Aida Engineering,ltd. · TSE:6118
Aida Engineering,ltd — Q2 FY2023/3 Earnings Presentation
16 slides from Aida Engineering,ltd's earnings presentation, Nov 9, 2022
Slide 1: Presentation of Consolidated Financial Results for the 2nd Quarter of the FY Ended March 31, 2023
Presentation of Consolidated Financial Results for the 2nd Quarter of the FY Ended March 31, 2023 （from Apr. 2022 to Sep. 2022） 1
Slide 2: Highlights of Consolidated Results Summary of P&L
Highlights of Consolidated Results Summary of P&L FY2022/3 FY2023/3 Fluctuation (JPY mil.) 1st Half 1st Half Amount % Order Intake 42,435 47,302 4,867 11.5% Net Sales 26,910 32,164 5,253 19.5% Cost of Sales 21,934 26,862 4,927 22.5% Gross Profit 4,975 5,302 326 6.6% <Gross Profit ratio> 18.5% 16.5%
Slide 3: Trend of Sales, Gross Profit and Operating Income
Trend of Sales, Gross Profit and Operating Income JPY(million) Net Sales Gross Profit Operating Income/Loss Gross Profit ratio Operating Income ratio 25,000 20% 20,000 15% 15,000 10% 10,000 5% 5,000 0% 0 -5% FY2022/3 2Q 3Q 4Q FY2023/3 2Q 1Q 1Q FY2022/3 FY2023/3 JPY(million) 1Q 2Q 3Q 4Q 1Q 2Q Net Sal
Slide 4: Sales to Third Party (by Business/Customer/Geographic segment)
Sales to Third Party (by Business/Customer/Geographic segment) Sales by Business segment（Press related / Others） Sales by Geographic segment FY2022/3 FY2023/3 Fluctuation FY2022/3 FY2023/3 Fluctuation (JPY mil.) (JPY mil.) 1st Half 1st Half Amount % 1st Half 1st Half Amount % Press Machines 18,096 6
Slide 5: Sales / Operating Income (by Geographic segment)
Sales / Operating Income (by Geographic segment) Japan China Asia FY2022/3 FY2023/3 Fluctuation FY2022/3 FY2023/3 Fluctuation FY2022/3 FY2023/3 Fluctuation (JPY mil.) (JPY mil.) (JPY mil.) 1st Half 1st Half Amount % 1st Half 1st Half Amount % 1st Half 1st Half Amount % Net Sales 16,215 18,736 2,520
Slide 6: Fluctuation Analysis with regards to Operating Income
Fluctuation Analysis with regards to Operating Income (In million JPY) Positive Factors: Negative JPY 5.8 Factors: JPY 6.6 FX valuation Decrease of gross margin ratio Increase of net sales Increase of expenses (excluding REJ) (excluding FX valuation and REJ) Increase of loss on valuation of inventor
Slide 7: Order Intake & Backlog (by Business/Customer/Geographic segment)
Order Intake & Backlog (by Business/Customer/Geographic segment) Order Intake by Business Segment Order Intake by Customer Industry (Press Machines) JPY mil. Press Machines Services Others JPY mil. Automotive related Electric related Other industries 31,773 1,437 27,251 3,084 3,859 21,869 20,566 2,3
Slide 8: Sales & Order Intake & Backlog (by Press type)
Sales & Order Intake & Backlog (by Press type) General Purpose press Ultimate Precision Forming Press (UL) ⇒ Small size basic models ⇒ Special machines which provide improved precision with high frame-rigidity High Speed Automatic Press Customized press and others ⇒ Small and mid-size models, ⇒ Midd
Slide 9: Trend of Order Intake & Backlog
Trend of Order Intake & Backlog FY2021/3 FY2022/3 FY2023/3 vs. FY2022/3 (JPY mil.) 1st Half Full-year 1st Half Full-year 1st Half Fluctuation Amount Proportion Amount Proportion Amount Proportion Amount Proportion Amount Proportion Amount % B Press Machine 13,400 65.4% 36,223 68.7% 33,293 78.5% 59,8
Slide 10: Major Changes on Balance Sheet
Major Changes on Balance Sheet Assets Liabilities and Net Assets (JPY mil.) (JPY mil.) VS end of Previous FY Current liabilities VS end of Previous FY Fixed assets Current assets Non-current liabilities 71,300百万円 Total assets ＋ 407 Total liabilities ＋ 1,934 Net assets 67,342 67,342 113,933 114,341 1
Slide 11: Highlights: Forecasts of FY2023 Consolidated Results
Highlights: Forecasts of FY2023 Consolidated Results FY2023/3 Fluctuation FY2023/3 Ｃｈａｎｇｅ＝ 【A】-【B】 (JPY mil.) FY2022/3 Full-year forecast Initial Forecast 1H Results 2H Forecast (revised) 【A】 Amount % Amount % 【B】 Order Intake 78,357 47,302 32,697 80,000 1,642 2.1% 74,000 6,000 8.1% Net Sales 62,466
Slide 12: Forecasts of Order Intake/Sales/Operating Income (by segment)
Forecasts of Order Intake/Sales/Operating Income (by segment) by Business segment of the Medium-Term Management Plan Order Intake Net Sales （Press / FA / Service） Fluctuation: Fluctuation: (JPY mil.) FY2023/3 FY2023/3 Net Sales FY2023/3 FY2023/3 FY2022/3 FY2022/3 (JPY mil.) FY2023/3 Fluctuation fore
Slide 13: Trend of Capex, Depreciation, R&D & CF
Trend of Capex, Depreciation, R&D & CF Capital Expenditures Depreciation & Amortization (JPY mil.) FY2021/3 FY2022/3 FY2023/3 E (JPY mil.) FY2021/3 FY2022/3 FY2023/3 E Amount 597 1,839 3,000 Amount 2,048 1,833 1,900 domestic overseas domestic overseas 1,000 Malaysia: increase Leasehold 1,222 expense
Slide 14: (for Reference) Statistics of Forming Machinery Industry-1
(for Reference) Statistics of Forming Machinery Industry-1 JPY(billion) Press: Mechanical, Hydraulic, Forging & Automation Monthly Average Reference material: JFMA 14
Slide 15: (for Reference) Statistics of Forming Machinery Industry-2
(for Reference) Statistics of Forming Machinery Industry- 2 Trend of Order Intake (Overseas) by Geographic Trend of Order Intake Segment Reference material: JFMA 15
Slide 16: Remarks: Cautions about forecast statements
Remarks Cautions about forecast statements contained in this package ・The information in this package contains future forecasts. ・Future forecasts contained in this document are based on the judgment of company management based on currently available information. Although the future forecasts are ba