Toyo Engineering Corporation · TSE:6330
Toyo Engineering — Q2 FY2012 Earnings Presentation
19 slides from Toyo Engineering's earnings presentation, Nov 13, 2012
Slide 1: Outline of Financial Results, Second Quarter of Fiscal Year 2012
OUTLINE OF FINANCIAL RESULTS Second quarter of fiscal year 2012 November 13, 2012 Toyo Engineering Corporation
Slide 2: Contents
Toyo Engineering Corporation © 2012 Contents マスター タイトルの書式設定 Outline of income statement New orders Performance summary 3 New orders 12 Income statement, Backlog of contracts 14 Comprehensive income 4 Net sales 5 Forecast 16 Gross profit 7 Operating, Ordinary & Net income 8 -Reference- Financial posi
Slide 3: Performance summary
Toyo Engineering Corporation © 2012 Performance マスター summary タイトルの書式設定 Billion yen Increased in revenue but decreased in profit compared with same period last year. Decreased in revenue but almost cleared in net income compared with forecast for 2012/9. Forecast Achieve- 2011/9 2012/9 Difference
Slide 4: Income statement, Comprehensive income
Toyo Engineering Corporation © 2012 Income マスター statement, Comprehensive income タイトルの書式設定 Billion yen 2011/9 2012/9 Difference Forecast Difference Billion yen % Billion yen % 2012/9 Net sales 62.0 100.0 108.3 100.0 +46.3 120.0 (11.7) Cost of sales 50.2 80.9 95.8 88.5 (45.6) Gross profit 11.8 19.0 12
Slide 5: Net sales
Toyo Engineering Corporation © 2012 Net sales マスター タイトルの書式設定 Billion yen Compared with forecast for 2012/9 157.8 2012/9 Achieve- 155.6 Difference ment Forecast Result EPC 112.8 101.7 (11.1) 90% IT 6.0 5.5 (0.5) 92% 108.3 Real estate 1.2 1.1 (0.1) 92% Total 120.0 108.3 (11.7) 90% Compared with same p
Slide 6: Net sales breakdown by region and segment
Toyo Engineering Corporation © 2012 Net sales マスター タイトルの書式設定 Billion yen Breakdown by region Breakdown by segment details Chemical Others 3.0 Others 10.2 fertilizers China 7.8 Japan Real estate 1.1 15.3 7% 3% 19% 20.2 IT 5.5 1% 10% 14% Petro- Central 5% and chemicals South 21.6 21% 2012/9 General 12
Slide 7: Gross profit
Toyo Engineering Corporation © 2012 マスターGross profit タイトルの書式設定 Billion yen Gross profit rete 19.0% 26.5 17.1% 15.8% 24.9 11.5% 2011/3 2011/9 2012/3 2012/9 12.4 Compared with forecast for 2012/9 11.8 2012/9 Achieve- Difference Forecast Result ment 13.0 12.4 (0.6) 95% Compared with same period last ye
Slide 8: Operating, Ordinary & Net income
Toyo Engineering Corporation © 2012 Operating, マスターOrdinary & Net income タイトルの書式設定 Line chart : Profit rate (%), Bar chart : Amount (billion yen) Operating income Ordinary income Net income 4.4% 4.0% 4.5% 3.4% 3.0% 3.2% 2.4% 2.4% 2.4% 1.4% 1.5% 0.4% 6.8 7.0 Real 1.0 estate IT 0.2 5.3 5.1 0.9 0.3 3.7
Slide 9: Balance sheet
Toyo Engineering Corporation © 2012 Balance マスター sheet タイトルの書式設定 Billion yen Assets 2012/3 2012/9 Difference Liabilities and net assets 2012/3 2012/9 Difference Current assets 170.8 155.8 (15.0) Current liabilities 117.9 107.8 (10.1) Cash and deposits 48.0 41.0 (7.0) Short-term interest bearing debt
Slide 10: Interest bearing debt balance
Toyo Engineering Corporation © 2012 Interest マスターbearing debt balance タイトルの書式設定 Billion yen 38.8 36.6 36.7 33.5 8.2 Consolidated 3.9 13.9 14.7 subsidiaries (5.3) 30.6 29.6 Non-consolidated 22.7 22.0 2011/3 2011/9 2012/3 2012/9 Interest bearing debt ratio Debt equity ratio (times) Net debt (billion y
Slide 11: Cash flows
Toyo Engineering Corporation © 2012 マスター Cash flows タイトルの書式設定 Billion yen Cash flows 2010/4~2011/3 2011/4~9 2011/4~2012/3 2012/4~9 Operating activities 11.3 3.5 5.7 (15.4) Investing activities (1.3) (0.4) (2.4) (1.6) Financing activities 3.8 (0.6) 0.1 (6.1) Net increase/decrease in cash 13.3 2.4 3.1
Slide 12: New orders
Toyo Engineering Corporation © 2012 マスターNew orders タイトルの書式設定 Billion yen 2012/9 New orders : 64.0 billion yen 269.1 Compared with target for 2013/3 49.1 Target Result 222.5 Difference Achivement 2013/3 2012/9 Japan 42.0 15.8 (26.2) 38% Japan 38.9 Overseas 268.0 48.2 (219.8) 18% Total 310.0 64.0 (246
Slide 13: New orders breakdown by region and segment
Toyo Engineering Corporation © 2012 マスターNew orders タイトルの書式設定 Billion yen Breakdown by Breakdown by region 269.1 segment details 269.1 222.5 222.5 75.3 64.0 75.3 64.0 2011/3 2011/9 2012/3 2012/9 2011/3 2011/9 2012/3 2012/9 Japan 38.9 23.1 49.1 15.8 Chemical fertilizers 34.9 14.7 18.3 6.2 Southeast As
Slide 14: Backlog of contracts
Toyo Engineering Corporation © 2012 Backlog マスター of contracts タイトルの書式設定 Billion yen 2012/9 Backlog of contracts 359.1 307.1 billion yen 30.7 307.1 Major contracts 26.8 Over 30 billion yen 232.8 Petrochemical, EGYPT 224.6 27.0 Others, BRAZIL Japan 21.3 Over 10 billion yen 328.4 Chemical fertilizer, I
Slide 15: Backlog of contracts breakdown by region and segment
Toyo Engineering Corporation © 2012 Backlog マスター of contracts タイトルの書式設定 Billion yen Breakdown by Breakdown by 359.1 359.1 region segment details 307.1 307.1 224.6 232.8 224.6 232.8 2011/3 2011/9 2012/3 2012/9 2011/3 2011/9 2012/3 2012/9 Japan 21.3 27.0 30.7 26.8 Chemical fertilizers 55.4 64.6 74.8 6
Slide 16: Forecast for 2013/3
Toyo Engineering Corporation © 2012 Forecast マスター タイトルの書式設定 Billion yen Forecast for 2013/3 2012/3 Initial plan New plan Forecast for breakdowns by Net sales 157.8 300.0 270.0 segment Gross profit 24.9 29.5 28.5 Net sales Initial New Gross profit rate 15.8% 9.8% 10.6% plan plan EPC 284.9 255.0 Opera
Slide 17: Forecast charts
Toyo Engineering Corporation © 2012 Forecast マスター タイトルの書式設定 Billion yen Net sales New orders Profit rate Payout ratio 310.0 Gross profit rate 270.0 269.1 40.0 Japan 2.2 Real estate 15.8% 27.4% 12.8 IT 49.1 25.7% 10.6% 157.8 Overseas 2.6 12.2 255.0 EPC 270.0 Operating income rate 220.0 3.4% Include 1
Slide 18: Reference: Historical data
Toyo Engineering Corporation © 2012 -Reference- Historical data マスター タイトルの書式設定 Forecast 2011/3 2011/9 2012/3 2012/9 2013/3 Net sales Billion yen 155.6 62.0 157.8 108.3 270.0 Gross profit Billion yen 26.5 11.8 24.9 12.4 28.5 Gross profit rate % 17.1% 19.0% 15.8% 11.5% 10.6% Operating income Billion y
Slide 19: Toyo Engineering Corporation contact
Toyo Engineering Corporation URL http://www.toyo-eng.co.jp For further questions on this material, please contact: Kenji SATO General Manager Corporate Communication Division 2-8-1 Akanehama, Narashino, Chiba, Japan 275-0024 TEL +81-47-454-1681 E-mail ir@ga.toyo-eng.co.jp The forecasts given above a