Takashima & Co., Ltd. · TSE:8007
Takashima & — Q1 FY2024 Earnings Presentation
18 slides from Takashima &'s earnings presentation, Aug 22, 2024
Slide 1: FY24 First Quarter Financial Briefing
Notice: This document is translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail. Fiscal Year Ending March 31, 2025(FY24) First Quarter Financial Br
Slide 2: Contents
Contents 1| FY24 1Q Financial Highlights 2| FY24 Consolidated Financial Forecast 3| Shareholder Return ©2024 Takashima & Co., Ltd. 2
Slide 3: Executive Summary
Executive Summary ➢ Consolidated Financial Results for the 1Q of FY24: Increased Sales and Decreased Profits Net Sales Operating Profit Ordinary Profit Profit attributable to owners of parent ¥24,220M ¥385M ¥359M ¥185M YoY +22.5% YoY -11.7% YoY -39.1% YoY -55.3% ➢ FY24 Consolidated Financial Forecas
Slide 4: Consolidated Performance: P/L
Consolidated Performance: P/L ✓ Net sales increased 22.5% YoY to 24,220 million yen due to strong sales in the Construction Supply and Industrial Materials segments ✓ Operating profit decreased 11.7% YoY to 385 million yen due to higher SG&A expenses and deteriorating performance of the Electronics
Slide 5: Our Three Business Segments
Our Three Business Segments Net sales configuration by segment 67.6 17.8 14.6 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Construction Supply Segment Industrial Materials segment Electronic Devices Segment The company handles a variety of commercial We handle a wide variety of commercial In devices,
Slide 6: Information About Segments
Information About Segments ＜Segment Sales＞ (Unit: Millions of yen) FY24 1Q Segment FY23 1Q FY24 1Q Amount of change Ratio of change Segment Sales Composition Construction Supply 12,005 16,374 4,369 36.4% Industrial Materials 4,097 4,316 218 5.3% 14.6% Electronic Devices 3,634 3,531 -103 -2.8% 17.8%
Slide 7: Briefing by Segment: Construction Supply
Briefing by Segment: Construction Supply ✓ In the construction materials field, the number of construction projects acquired for logistics facilities and factories remained strong, and the performance of Gansui Corporation contributed to the increase in net sales. ✓ In the renewable energy materials
Slide 8: Briefing by Segment: Industrial Materials
Briefing by Segment: Industrial Materials ✓ In the plastic-related field, sales increased due to an increase in orders for logistics materials for automobile parts and electronic device parts. In addition, sales of molded and processed products in our target area, medical-related products, also rema
Slide 9: Briefing by Segment: Electronic Devices
Briefing by Segment: Electronic Devices ✓ Global slowdown in the consumer electronics market due to changing consumption trends post-Corona, resulting in a market-wide accumulation of product inventories. ✓ Overall segment sales and profit decreased due to the impact of significant adjustments in or
Slide 10: Consolidated Performance B/S
Consolidated Performance B/S The end of FY23 The end of FY24 1Q (March 31, 2024) （June 30, 2024) ¥ -７１５M Total assets:¥60,409M Total assets: ¥59,693M Equity ratio:39.0% +0pt Equity ratio: 39.0% (Unit: Millions of yen) (Unit: Millions of yen) Current liability Current assets 32,349 Current liability
Slide 11: Main factors of change
Consolidated Performance B/S (Unit: Millions of yen) FY23 FY24 1Q Amount of change Ratio of change Assets Current assets ★ Cash and deposits 12,371 7,775 -4,595 -37.1% Notes and accounts receivable - trade, and 23,438 27,254 3,815 16.3% Electronically recorded monetary claims - operating Main factor
Slide 12: Main factors of change
Consolidated Performance B/S (Unit: Millions of yen) FY23 FY24 1Q Amount of change Ratio of change Liabilities Current liabilities Notes and accounts payable trade 16,647 17,095 448 2.7% Electronically recorded obligations – operating 5,585 5,877 291 5.2% Short-term borrowings 4,807 5,767 959 20.0%
Slide 13: 2. FY24 Consolidated Performance Forecast
2. FY24 Consolidated Performance Forecast ©2024 Takashima & Co., Ltd.
Slide 14: FY24 Consolidated Performance Forecast
FY24 Consolidated Performance Forecast (Unit: Millions of yen) FY24 FY23 Amount of change YoY Forecast Net sales 90,120 94,000 3,879 4.3% Operating profit 1,748 2,000 251 14.4% Operating profit margin 1.9% 2.1% 0.2pt - Ordinary profit 2,004 2,000 -4 -0.2% Profit attributable to owners of 4,832 1,600
Slide 15: FY24 Consolidated Forecasts by Segment
FY24 Consolidated Forecasts by Segment Net sales (Unit: Millions of yen) FY23 (reference) FY24 Results after new segment Amount of change YoY reclassification Forecast Construction Supply 58,180 59,700 1,519 2.6% Industrial Materials 17,195 17,600 404 2.4% Electronic Devices 14,795 16,700 1,904 12.9
Slide 16: 3. Shareholder Return
3. Shareholder Return ©2024 Takashima & Co., Ltd.
Slide 17: Shareholder Return
Shareholder Return - During the period of the medium-term management plan, we will provide more proactive shareholder returns than ever before. Basic Policy Consolidated payout ratio: 80% ore more FY23 Consolidated payout ratio: 40% or more Total return ratio: 100% Total return ratio: 50% Lower limi
Slide 18: Inquiries on this document
Inquiries on this document IR and PR Unit, Takashima & Co., Ltd. ir@ta.tak.co.jp URL https://www.tak.co.jp/en/ir/contact1.html ■ Handling of this document [Precautions regarding forecasts] The data and predictions for the future disclosed in this document are based on judgments as of the release dat