Yokogawa Bridge Holdings Corp. · TSE:5911
Yokogawa Bridge — FY2024 Earnings Presentation
24 slides from Yokogawa Bridge's earnings presentation, May 21, 2025
Slide 1: Financial Results Briefing for FY2024
Financial Results Briefing for FY2024 Yokogawa Bridge Holdings Corp. May 21, 2025
Slide 2: Consolidated Settlement of Accounts for FY 2024
Consolidated Settlement of Accounts for FY 2024 Hidenori Miyamoto Director and Managing Executive Officer 1
Slide 3: Consolidated Orders Received by segment
Consolidated of Orders Received by segment (million yen) FY 2023 FY 2024 Change New bridge Construction 59,018 75,456 16,437 Maintenance 24,856 11,200 (13,655) Bridge Overseas 2,369 (84) (2,454) Subtotal 86,245 86,572 327 Engineered structure system 38,411 45,619 7,207 Civil engineering 11,695 12,41
Slide 4: Orders Received by customer (Consolidation)
Orders Received by customer (Consolidation) FY 2023（Full Year） FY 2024（Full Year） 3
Slide 5: Orders Received by customer (Bridge)
Orders Received by customer (Bridge) FY 2023（Full year） FY 2024（Full year） 4
Slide 6: Summary of Consolidated Settlement of Accounts
Summary of Consolidated Settlement of Accounts (million yen) FY 2023 FY 2024 Change Net sales 164,076 159,368 (4,707) Operating profit 15,946 16,677 730 Ordinary profit 15,857 16,295 438 Profit attributable to owners of parent 11,854 12,859 1,004 5
Slide 7: Consolidated Net Sales by segment
Consolidated Net Sales by segment (million yen) FY 2023 FY 2024 Change New bridge Construction 64,904 71,968 7,064 Maintenance 27,443 25,881 (1,562) Bridge Overseas 5,063 449 (4,614) Subtotal 97,411 98,299 887 Engineering 46,903 40,781 (6,121) Civil engineering 8,718 8,165 (553) Engineering Architec
Slide 8: Consolidated Business Results by segment
Consolidated Business Results by segment FY 2024 (million yen) Full Previous 1Q 2Q 3Q 4Q Year Year Net sales 23,011 23,253 25,406 26,627 98,299 97,411 Bridge Operating profit 1,527 2,310 3,008 6,821 13,668 8,816 Net sales 11,977 12,634 15,664 16,057 56,334 63,132 Engineering Operating profit 268 681
Slide 9: Consolidated statements of income
Consolidated statements of income (million yen) FY 2023 FY 2024 Change Net sales 164,076 159,368 (4,707) Gross profit 26,828 28,349 1,521 Selling, general and administrative expenses 10,881 11,672 790 Operating profit 15,946 16,677 730 Non-operating income 487 479 (8) Non-operating expenses 576 860
Slide 10: Consolidated balance sheets
Consolidated balance sheets (million yen) As of Mar. 31, As of Mar. 31, Change 2024 2025 Current assets 146,255 154,494 8,238 Non-current assets 64,590 61,684 (2,905) Total assets 210,846 216,179 5,333 Current liabilities 38,297 55,497 17,200 Non-current liabilities 44,525 31,590 (12,934) Total liab
Slide 11: Consolidated statements of Cash flows
Consolidated statements of Cash flows (million yen) FY 2023 FY 2024 Change Cash flow from operating activities (1,637) (2,171) (534) Cash flow from investing activities (972) (1,975) (1,003) Cash flow from financing activities 2,516 (3,701) (6,217) Effect of exchange rate change on cash and cash equ
Slide 12: Net Sales / Orders Received / Backlog of Orders
Net Sales / Orders Received / Backlog of Orders Bridge Engineering Precision Equipment Real Estate (100 million yen) 2,400 2,155 2,000 1,977 1,962 1,649 1,640 1,600 1,593 1,569 1,573 1,457 1,526 1,414 1,297 1,200 870 818 974 865 982 862 800 729 400 631 713 662 651 563 566 617 552 0 2022 2023 2024 20
Slide 13: Business Forecast for FY 2025
Business Forecast for FY 2025 12
Slide 14: Reorganization of Business Segments
Reorganization of Business Segments Under the Seventh Medium-Term Management Plan, we will change our business segments. For example, we will make the engineered structure system business independent from the engineering business, in which it was included. The goal of this is to clarify the position
Slide 15: Orders Received
Orders Received (100 million yen) Bridge 2,400 Engineered structure system Engineering Precision Equipment 2,000 1,896 1,697 1,600 1,581 1,569 1,573 1,457 1,243 1,275 1,200 920 875 818 865 862 694 800 526 456 490 372 482 400 375 384 199 167 187 182 205 240 136 0 2019 2020 2021 2022 2023 2024 FY 2025
Slide 16: Total Orders / Orders Received (Bridge)
Total Orders / Orders Received ( Bridge ) (100 million yen) (kt) 1,400 Orders received 600 1,275 Total orders 1,200 500 1,000 920 400 875 862 865 818 800 694 300 600 197 199 200 166 400 147 138 119 100 200 0 0 2019 2020 2021 2022 2023 2024 FY 2025 Forecast 15
Slide 17: Orders Area / Orders Received (Engineered Structure System)
Orders Area / Orders Received (Engineered Structure system ) (100 million yen) (million ㎡) 700 2 Orders received Orders area 526 482 490 456 375 384 372 350 1 1.01 0.86 0.77 0.80 0.75 0.68 0.59 0 0 FY 2025 2019 2020 2021 2022 2023 2024 Forecast 16
Slide 18: Net Sales
Net Sales (100 million yen) Bridge 2,000 Engineered structure system Engineering Precision Equipment Other 1,649 1,640 1,620 1,600 1,593 1,381 1,360 1,369 1,200 870 974 887 982 812 764 824 800 545 487 400 387 469 407 381 334 147 148 156 183 162 155 195 0 FY2025 2019 2020 2021 2022 2023 2024 Forecast
Slide 19: Forecast of Consolidated Business Performance FY 2025
Forecast of Consolidated Business Performance FY 2025 (million yen) 1st half 2nd half Full year * * * 72,932 86,436 * 159,368 Net sales 74,500* 87,500 162,000 * * 3,995 12,682 16,677 Operating profit 4,500 * 7,500 12,000 * * 3,592 12,703 16,295 Ordinary profit 4,400 * 7,400 11,800 * * Profit attribu
Slide 20: Forecast of Consolidated Business Performance by Segment
Forecast of Consolidated Business Performance (Operating Profit and Loss by Segment) (million yen) FY 2024 FY 2025 Result Forecast Net sales 98,299 88,700 Bridge Operating profit 13,668 9,800 Engineered Net sales 40,781 48,700 structure system Operating profit 2,581 2,900 Net sales 15,553 19,500 Eng
Slide 21: Dividend Per Share
Dividend Per Share 160 120 yen 120 110 95 85 80 75 52 40 37 0 2019 2020 2021 2022 2023 2024 FY 2025 Forecast 20
Slide 22: Net income/Capital investment/Total Dividends
Net income/Capital investment/Total Dividends Net income Capital investment Total dividends （100 million yen） (100 million yen） 180 Net income 60 Capital investment Total dividends 150 50 120 40 90 30 60 20 30 10 0 0 2019 2020 2021 2022 2023 2024 FY 2025 Forecast 21
Slide 23: Net Income/ROE
Net Income/ROE Net income ROE （100 million yen） （％） 150 Net income 15 ROE 120 12 90 9 60 6 30 3 0 0 2019 2020 2021 2022 2023 2024 FY 2025 Forecast 22
Slide 24: Consolidated Net Sales and Orders Received by Segment
Appx. Consolidated Net Sales and Orders Received by Segment （100 million yen） Results of FY2023 Results of FY2024 Fo r e c ast o f FY2 0 2 5 New bridge construction 649 719 621 Maintenance 274 258 248 Bridge Overseas 50 4 18 Subtotal 974 982 887 Engineered structure system 469 407 487 Civil engineer
Yokogawa Bridge Holdings — FY2024 Earnings Presentation on 6ix