Mitsui Matsushima Holdings Co., Ltd. · TSE:1518
Mitsui Matsushima — FY2024 Earnings Presentation
25 slides from Mitsui Matsushima's earnings presentation, June 2025
Slide 1: Presentation of Financial Results for the Fiscal Year Ended March 2025
Presentation of Financial Results for the Fiscal Year Ended March 2025 Mitsui Matsushima Holdings Co., Ltd. 1
Slide 2: Contents
Contents P3 Topics of FY2024 P5 FY2024 Financial Results P9 FY2025 Consolidated Earnings Forecast P12 Progress of Management Strategy 2024 and Shareholder Returns and Capital Policies for FY2025 P17 Reference Materials 2
Slide 3: Topics of FY2024
Topics of FY2024 3
Slide 4: Topics of FY2024
Topics of FY2024 Steady implementation of M&A investments, etc. July 2024: Acquired MRF Co., Ltd., which is engaged mainly in real estate secured lending for business operators, as a subsidiary. August 2024: MM Investments Co., Ltd. started investing in listed stocks to further enhance and devel
Slide 5: FY2024 Financial Results
FY2024 Financial Results 5
Slide 6: FY2024 Consolidated Income Statement
FY2024 Consolidated Income Statement (Million yen) FY2023 FY2024 Change Major factors behind change • Increase in revenue due to the acquisition of Japan Chain Holdings, Inc. (industrial products) and MRF Co., Ltd. (financial Net Sales 77,472 60,574 -16,897 services, other ) as subsidiaries • Decrea
Slide 7: FY2024 Consolidated Segment Information
FY2024 Consolidated Segment Information Consumer Goods Nippon Straw, Meiko Shokai, KMT, Systech Kyowa, MOS CST, Sansei Denshi, Nippon Katan, Plus One Techno, Japan Chain Holdings Industrial Products (consolidated in 3Q FY2023) Financial Services, Other MRF (consolidated in 2Q, FY2024), MM Investment
Slide 8: FY2024 Consolidated Balance Sheet
FY2024 Consolidated Balance Sheet (Million yen) Balance Sheet March 31, 2024 March 31, 2025 Ratio Ratio Amount Amount Change Major factors behind changes (%) (%) Increase in operating loans receivable due to the acquisition of MRF as a subsidiary: +35,254 Current assets 62,774 62.9 71,175 60.5 +8,40
Slide 9: FY2025 Consolidated Earnings Forecast
FY2025 Consolidated Earnings Forecast 9
Slide 10: FY2025 Consolidated Earnings Forecast
FY2025 Consolidated Earnings Forecast Net sales and operating profit: Both sales and profit are expected to increase from FY2024 due to the full-year contribution from MRF Co., Ltd. (joined the consolidation in 2Q, FY2024), as well as increased sales in each segment (see p. 11). Ordinary profit
Slide 11: FY2025 Consolidated Segment Earnings Forecast
FY2025 Consolidated Segment Earnings Forecast Sales are expected to increase in all segments from FY2024 due to the full-year contribution of MRF Co., Ltd. (joined the consolidation in 2Q FY2024) and strong orders received by Nippon Straw Co., Ltd., MOS Co., Ltd., Sansei Denshi Co., Ltd., and othe
Slide 12: Progress of Management Strategy 2024 and Shareholder Return and Capital Policies for FY2025
Progress of Management Strategy 2024 and Shareholder Return and Capital Policies for FY2025 12
Slide 13: Progress of Management Strategy 2024
Progress of “Management Strategy 2024” “Management Strategy 2024” announced in May 2024 is expected to be achieved early. Going forward, we will strengthen shareholder return measures to achieve a PBR of 1x or above while continuing to promote a growth strategy focusing mainly on M&A. Management
Slide 14: EBITDA Trends
EBITDA Trends As a result of actively promoting the development and strengthening of new businesses, EBITDA from Non-coal Business has steadily increased. In FY2022 and FY2023, EBITDA from the Coal Business rose sharply due to rising coal prices. The Coal Business was terminated at the end of
Slide 15: Targets
Toward achieving stock price growth in FY2025 Targets (1)Achieve (1) Achieve aa PBR PBRofof1x1xoror more early above early (2)Raise (2) Stablyexpectations maintain our stock price at a PBR for long-term and of 1x or sustainable stock price more for the long term growth Three major measures to achiev
Slide 16: Shareholder return and capital policies for FY2025
Shareholder return and capital policies for FY2025 1. Increase in the annual dividend to 230 yen (100 yen increase from the previous fiscal year) and the introduction of “progressive dividends” < Progressive dividend policy starting While securing growth capital, the Company is also from annual di
Slide 17: Reference Materials
Reference Materials 17
Slide 18: Nippon Straw: Marine-biodegradable straws adopted by a major coffee chain
Nippon Straw: Marine-biodegradable straws adopted by a major coffee chain Marine-biodegradable straws* manufactured by Nippon Straw were adopted by a major coffee chain. * Marine-biodegradable straws made of Kaneka’s Green Planet® biodegradable polymers (registered trademark of Kaneka Corporation)
Slide 19: FY2025 Shareholder Benefit Program
FY2025 Shareholder Benefit Program The Company implemented the Shareholder Benefit Program for shareholders listed on the shareholders’ register as of March 31, 2025. KMT premium pet food vouchers (equivalent to 3,080 yen including tax) Eligible shareholders Applicable items (One of the following
Slide 20: Group Companies (Consumer Goods (1))
Group Companies (Consumer Goods (1)) Representative products Nippon Straw Co., Ltd. Telescopic straws Marine-biodegradable straws Since developing telescopic straws in 1983, Nippon Straw has accumulated proprietary technologies and know-how as a pioneer in this industry, and it established its sta
Slide 21: Group Companies (Consumer Goods (2))
Group Companies (Consumer Goods (2)) Systech Kyowa Co., Ltd. Representative products Door stopper Earthquake- Caster Planning, production, and sales of housing-related resistant latch materials (e.g., door stoppers, earthquake-resistant latches). Operates an in-house factory in Thailand. Boastin
Slide 22: Group Companies (Industrial Products (1))
Group Companies (Industrial Products (1)) Manufacture of mask blanks CST Co., Ltd. Founded in 1977 as Japan’s first manufacturer specializing in A thin film of metal such mask blanks, having an excellent customer base, including leading as chrome is uniformly domestic and foreign manufacturers app
Slide 23: Group Companies (Industrial Products (2))
Group Companies (Industrial Products (2)) Representative products Plus One Techno Co., Ltd. Petit Scale®, pipe-feeder type automatic measuring equipment Capable of weighing a wide variety of materials and Founded in 1996. Engaging mainly in the manufacturing of handling high-precision automatic we
Slide 24: Group Companies (Financial Services, Other)
Group Companies (Financial Services, Other) MRF Co., Ltd. Real estate secured lending for business operators Provides loans mainly to small and medium-sized enterprises and Photosensitizer small business owners, thereby differentiating itself from competitors, such as regional banks and credit c
Slide 25: Forward-looking statements notice
These materials contain forward-looking statements that are in no way guarantees of future performance. Future performance is affected by risks and uncertainties. Future performance may vary due to changing assumptions and conditions in the business environment. These materials should not be relied
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