Slide 1: Financial Results Overview First Half of FY2022
Financial Results Overview First Half of FY2022 GIKEN LTD. <stock code: 6289>
Slide 2: Overview－Key Points (1) Construction Machinery Segment
Overview－Key Points (1) Construction Machinery Segment • Sales were strong, reflecting the recovery of customers’ appetite for capital investment. ✓ Replacement of standard models, including SILENT PILER of F101, F111 and SX1 pilers for 400mm U Sheet Pile ✓ New demand for SILENT PILER of F301-900 pi
Slide 3: Overview－Key Points (2) Press-in Construction Segment
Overview－Key Points (2) Press-in Construction Segment • Application range of Implant Method expanded. ✓ Installation of flood control facilities such as sea embankments and river revetments ✓ Wharf upgrades for port facilities ✓ Measures for roadway restoration and landslide prevention ✓ Roadway ext
Slide 4: Overview－3 year Trend
Overview－3 year Trend Unit: Millions of JPY FY2020 FY2021 FY2022 FH Actual FH Actual YoY FH Actual YoY Net sales 14,471 13,293 ▲8.1% 14,218 +7.0% Operating profit 2,491 2,169 ▲12.9% 2,786 +28.4% Ordinary profit 2,532 2,220 ▲12.3% 2,864 +29.0% Net income* 1,688 1,446 ▲14.3% 1,893 +30.9% Net income 61
Slide 5: Overview－Sales Result by Segment
Overview－Sales Result by Segment Unit: Millions of JPY 16,000 14,471 14,218 ◇ Machinery Segment 14,000 13,293 +103 +821M JPY -27.6% +2.5% Recovery of customers’ 12,000 4,208 5,668 4,104 appetite for capital investment 10,000 +821 ▪ For 400mm U Sheet Pile ▪ For 900mm Hat Sheet Pile 8,000 Sales of SIL
Slide 6: Overview－Sales Result Domestic and Offshore
Overview－Sales Result Domestic and Offshore Unit: Millions of JPY 17.8% 25,000 18.0% ◇ Domestic Sales 16.0% +1,166M JPY 15.0% 20,000 Recovery of customers’ 14.0% 11.5% appetite for capital investment 12.0% ▪ For 400mm U Sheet Pile 15,000 14,471 14,218 ▪ For 900mm Hat Sheet Pile 13,293 10.0% 1,660 +4
Slide 7: Overview－Operating Profit
Overview－Operating Profit Unit: Millions of JPY Construction Machinery Segment Operating Cost of Operating Segment Net sales Sales profit Net sales Labor R&D profit +103 Expenses Depreciation -279 Cost -58 Others 2,786 -78 +171 -61 +821 2,169 Gross Profit +645 SG&A -28 FY2021 FH Operating profit +61
Slide 8: Overview－Operating Profit to Net Sales
Overview－Operating Profit to Net Sales Unit: Millions of JPY 25,000 25.0% 23.4% 22.6% 22.7% 22.6% 19.6% 20,000 20.0% 17.2% 16.3% 15,000 14,173 14,471 14,218 15.0% 13,948 13,805 13,293 11,506 10,000 10.0% 5,000 5.0% 3,236 3,167 3,209 2,600 2,491 2,786 2,169 0 0.0% FY2016 FH FY2017 FH FY2018 FH FY2019
Slide 9: Overview－Sales by Category, Machinery Segment
Overview－Sales by Category, Machinery Segment Unit: Millions of JPY 12,000 • Product sales increased. Recovery of 10,010 10,000 customers’ appetite for 9,188 375 8,803 capital investment 423 driven by private sector 363 8,000 2,925 construction investment 2,616 increase. 2,851 6,000 • Maintenance an
Slide 10: Overview－Sales by Category, Machinery Segment
Overview－Sales by Category, Machinery Segment Unit: Millions of JPY Sales by Product Categories 8,000 ▪Special Purpose Models 7,000 6,518 Clear Piler 5,970 Zero Piler 6,000 767 5,496 296 344 630 602 GRB System, others 5,000 340 ▪Large-scale Models 4,000 2,534 2,605 2,797 Gyro Piler 3,000 Equipment f
Slide 11: Overview－Sales by Region, Construction Segment
Overview－Sales by Region, Construction Segment Unit: Millions of JPY 6,000 5,668 Domestic Sales Decreased 5,000 1,018 Sales decreased due to decline in large-scale works such as river 170 339 4,104 4,208 revetment upgrades and quays in 4,000 Kanto region, despite increased 532 1,184 1,386 adoption o
Slide 12: Overview－Offshore Sales by Segment
Overview－Offshore Sales by Segment Offshore Sales by Segment Offshore Ratio by Region Unit: Millions of JPY North 3,000 America & South Asia America 2,370 11.1% 3.1% 2,128 2,000 Oceania 57.2% Europe 1,660 1,184 28.5% 1,386 1,018 1,000 1,185 642 742 0 FY2020 FH FY2021 FH FY2022 FH Machinery Segment C
Slide 13: Overview－Consolidated Balance Sheet
Overview－Consolidated Balance Sheet Unit: Millions of JPY Growth Item FY2021 FY2022 FH Comparison Assets Cash and deposit +1,639M JPY Inventories -527M JPY Current Assets 26,907 27,745 837 Non-current Assets 24,759 24,209 -549 Property, plant and equipment -613M JPY Assets 51,667 51,954 287 Investme
Slide 14: Overview－Consolidated Cash Flow Statement
Overview－Consolidated Cash Flow Statement Unit: Millions of JPY FY2021 FY2022 Growth Classification FH FH Comparison ◇ CF from Operating Activities Growth Comparison -321M JPY ▪This results were affected by decrease of CF from Operating refund of income taxes 3,770 3,448 -321 Activities CF from Inve
Slide 15: Forecast FY2022
Forecast FY2022
Slide 16: Forecast－Consolidated Results
Forecast－Consolidated Results Unit: Millions of JPY FY2022 Forecast FY2021 Actual 1st half 2nd half Full year YoY Actual Forecast Forecast Net sales 27,618 14,218 15,781 30,000 +8.6% Operating profit 3,997 2,786 1,713 4,500 +12.6% Ordinary profit 4,161 2,864 1,685 4,550 +9.3% Net income* 3,073 1,893
Slide 17: Forecast－Key Points (1) Domestic Trend
Forecast－Key Points (1) (1) Domestic Trend ◎Increased adoption of Implant Method • Increased adoption of Implant Method in river projects, steep slope disaster prevention, roadway disaster prevention, expressway renewal, port improvement projects, earthquake- proofing of reservoirs, liquefaction cou
Slide 18: Forecast－Key Points (2) Offshore Trend
Forecast－Key Points (1) (2) Offshore Trend ◎Focus on ‘total package’ solutions and accelerate the take- up of Press-in methodologies globally • Strengthen construction methodology proposal to local companies for specific projects in disaster prevention construction for tailings dam in Brazil • Progr
Slide 19: Forecast－Sales by Segment
Forecast－Sales by Segment Unit: Millions of JPY 40,000 ◇ Machinery Segment 35,000 +2,165M JPY 30,000 Projected increase in 30,000 +215 27,618 machine sales led by 24,640 +2.5% 8,700 increased adoption of the 25,000 -6.2% 8,484 Implant Method both in +2,165 Japan and offshore. 20,000 9,048 15,000 ◇ P
Slide 20: Forecast－Capital Investment and R&D Expense
Forecast－Capital Investment and R&D Expense ◎Capital Investment and ◎Research and Development Depreciation Expense Expense Demonstration Facility 1,324 Unit: Millions of JPY Unit: Millions of JPY 4,000 1,400 3.3% 3.5% 3,060 3,077 3.0% 3,000 1,200 3.0% 2,294 1,901 1,952 1,980 2.5% 2,000 1,000 2.5% 1,
Slide 21: Forecast－Offshore Sales Trend
Forecast－Offshore Sales Trend Unit: Millions of JPY 19.8% 20.0% 7,000 20.0% 6,000 15.0% 5,000 11.4% 4,000 10.0% 3,000 6,000 5,460 2,000 5.0% 2,818 1,000 0 0.0% FY2020 FY2021 FY2022 (Forecast) Offshore Ratio to Net Sales 21
Slide 22: Forecast－Outcomes of Mid-Term Management Plan
Forecast－Outcomes of Mid-Term Management Plan [Net Sales] Unit: Millions of JPY [Operating Profit] Unit: Millions of JPY Mid-Term Mid-Term Management Plan Management Plan 40,000 8,000 35,000 35,000 6,689 32,442 30,000 6,000 30,000 27,618 5,500 24,640 25,000 4,500 3,997 20,000 4,000 15,000 2,498 10,0
Slide 23: Shareholder Return
Shareholder Return
Slide 24: Shareholder Return
Shareholder Return FY2021 FY2022 End of 2Q…35 JPY (Result) End of 2Q …35 JPY (Result) Year-end …35 JPY (Result) Year-end …35 JPY (Forecast) Unit: JPY 80 Interim Year-end 70 70 70 70 70 68 60 60 Commemorative 50 30 34 35 35 35 30 40 30 20 20 35 35 35 30 34 10 20 0 FY2017 FY2018 FY2019 FY2020 FY2021 F