Unisol Holdings Corporation · TSE:7128
Unisol — MARUKA FURUSATO — FY2022 Earnings Presentation
31 slides from Unisol's earnings presentation, February 2023
Slide 1: FY2022 Earnings Presentation
FY2022 Earnings Presentation February 2023 MARUKA FURUSATO Corporation © MARUKA FURUSATO CORPORATION
Slide 2: Consolidated Financial Results
01 Consolidated Financial Results © MARUKA FURUSATO CORPORATION
Slide 3: FY2022 Consolidated Financial Results Summary
FY2022 Consolidated Financial Results Summary Net sales Operating profit Profit attributable to owners of parent 162,416 million yen 5,895 million yen 4,531 million yen Year on year：113.4％ Year on year：185.5％ Year on year：147.9％ （JPY million） 200,000 （JPY 9,000million） （JPY 9,000 million） 162,416 16
Slide 4: Consolidated Profit and Loss (in contrast with the full-year forecast)
Consolidated Profit and Loss (in contrast with the full-year forecast) - Net sales: Slightly exceeded the forecast in the Machinery & Tools and Construction Products segments partly as a result of price rises. - Operating profit: Exceeded the forecast due to a decrease in the cost of sales ratio, wh
Slide 5: Factors Affecting Operating Profit
Factors Affecting Operating Profit - Net sales: The effect of increased income was largely as expected in the results forecast. - Profit margin: Influenced by the price rise in products as a result of the raw materials price rise. - Labor costs: Effect of increase in overseas wages, bonuses, and the
Slide 6: Consolidated Balance Sheet
Consolidated Balance Sheet - Current assets: Notes and accounts receivable and inventory assets increased as net sales increased. - Current liabilities: Notes and accounts payable increased as purchasing increased. - Total net assets: Retained earnings increased. The equity-to-asset ratio is 58.0%.
Slide 7: Cash flow
Cash flow - CF from operating activities increased over the full year as profit increased. - Recorded 2,486 million yen in CF from investing activities due to purchase of property, plant and equipment, including the construction of a new distribution center for the Group. - Dividends paid of 624 mil
Slide 8: Segments
02 Segments © MARUKA FURUSATO CORPORATION
Slide 9: Segments by Business Company
Segments by Business Company MARUKA FURUSATO Furusato Group Maruka Group Corporation Segments KAN G-NET Gifu Shoji Maruka Maruka Corp. KAN MANUFACTORY Miyazawa Miyazawa Machine tools, Machine tools FA devices Food machinery Machinery FA devices Industrial Washers Industrial Security, etc. Kitakyu Ma
Slide 10: Characteristics of Segments
Characteristics of Segments Market Share Industry Characteristics, etc. Machinery Area with demands for transformations such as and Tools new mobility and automation Big Low Fiercely competitive, and affected by economic Segment changes Building Small Stable share despite a niche market Products Hig
Slide 11: Machinery & Tools Segment
*Results of the previous year indicates the sum of the results of Machinery & Tools Segment the Furusato Group from January to December in 2021 and the results of the Maruka Group from December 2020 to November 2021. - Japan: There are signs of capital investment in the automotive industry. The semi
Slide 12: Machinery & Tools Segment Consolidated Overseas Net Sales
Machinery & Tools Segment Consolidated Overseas Net Sales - Overseas net sales：29,913 million yen (Year on year：Increased by 7,847 million yen (35.6％ increase) - Proportion of overseas net sales：18.4％ - Performance in the North America is going strong due to the solid demand and favorable foreign ex
Slide 13: Trends in Consolidated Overseas Net Sales
Trends in Consolidated Overseas Net Sales - Increased significantly in North America, supported by the weak yen and solid demand. - Overseas net sales heading toward recovery from decline during COVID-19 pandemic. (million yen) North America China Asia Other 35,000 30,053 29,913 30,000 28,674 25,872
Slide 14: Construction Products Segment
Construction Products Segment *Results of the previous year indicates the sum of the results of the Furusato Group from January to December in 2021 - The year-end is the height of demand, and construction projects were strong. - Supplies of housing equipment partially recovered. - Negotiations over
Slide 15: Construction Machinery Segment
Construction Machinery Segment *Results of the previous year indicates the sum of the results of the results of the Maruka Group from December 2020 to November 2021. - Domestic demand for construction machinery Crawler cranes Pile drivers is holding steady. - New inquiries decreased due to price ris
Slide 16: Security Segment
Security Segment *Results of the previous year indicates the sum of the results of the Furusato Group from January to December in 2021 - Surge in demand for thermal cameras has settled down. - Mandatory use of breathalyzers indefinitely postponed. - New projects are sluggish due to entry of new comp
Slide 17: Medium-Term Management Plan
03 Medium-Term Management Plan © MARUKA FURUSATO CORPORATION
Slide 18: Medium-term Management Plan - Basic Strategy and Priority Measures
Medium-term Management Plan - Basic Strategy and Priority Measures Basic Strategy Priority Measures Achievement in this term Cultivation: Integration synergies - G-NET staff seconded to Maruka Differentiate us from others in existing businesses Corporation. [4 pillars of collaboration] Materialize s
Slide 19: Progress on Roadmap to Achieving Earnings Targets
Progress on Roadmap to Achieving Earnings Targets - Profit improving through recovery from COVID-19 pandemic and implementation of pre-existing measures. - Integrated synergies and accumulated strategies will produce greater results from the 2nd Stage. Provide new added value Platform strategy (mill
Slide 20: Highlights of Integration Synergies
Highlights of Integration Synergies 4 pillars of collaboration Mid- and 5 strategic fields Short-term long-term strategy - Expansion of machinery - Automation and labor savings strategy and tools G-NET employees seconded NAGOYA http://www.g-net.co.jp/hansrobot/ TOKYO OSAKA - One G-NET employee secon
Slide 21: Sustainability
Sustainability - Adopted a Sustainability Basic Policy in the Sustainability Committee. - Announced our endorsement of the disclosure framework proposed by the TCFD. Sustainability Promotion Structure Theme Priority issues (Materiality) Board of Directors Achieve harmony and coexistence with Reduce
Slide 22: Medium-term Management Plan "UNISOL"
Medium-term Management Plan “UNISOL” - FY2022 results exceeded the forecast at the time of formulation (157,000 million yen net sales, 4,100 million yen operating profit, and 4.3% ROE). - In the second year of the 1st Stage, we will establish a base (getting back to growth track) and lead into the 2
Slide 23: Result Forecasts and Dividend Policy
04 Result Forecasts and Dividend Policy © MARUKA FURUSATO CORPORATION
Slide 24: Result Forecasts
Result Forecasts - In 1H, net sales are expected to be steady against the backdrop of accumulated balance of orders received. - In 2H, there are concerns about sluggish capital investment by major manufacturers and declining corporate strength of small- and medium-sized companies. - Net sales are fo
Slide 25: Dividend Policy
Dividend Policy - In FY2023, based on our shareholders return policy, we forecast dividends of 61 yen per share - Shareholders return policy during the medium-term management plan: Profit distribution is based on the consolidated results. The consolidated dividend payout ratio is approximately 35% o
Slide 26: Appendix
05 Appendix © MARUKA FURUSATO CORPORATION
Slide 27: Consolidated Segment Quarterly Data
Consolidated Segment Quarterly Data Net sales Segment profits (million yen) (million yen) 50,000 2,000 40,000 1,500 1,000 30,000 500 20,000 0 10,000 ▲ 500 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2021 FY2022 FY2021 FY2022 ＴＯＴＡＬ 666 549 1,079 882 1,469 1,291 1,427 1,707 ＴＯＴＡＬ 33,452 36,014
Slide 28: Furusato Group Profit and Loss
Furusato Group Profit and Loss Cumulative quarterly results year on year 150,000 9,000 135,000 107,374 8,000 Reference Proportion FY2022 Proportion Change Change Furusato Group 21/1-21/12 22/1-22/12 120,000 7,000 105,000 94,082 6,000 (JPY million) (JPY million) (JPY million) （％） 90,000 3,922 Net sal
Slide 29: Maruka Group Profit and Loss
Maruka Group Profit and Loss Cumulative quarterly results year on year 80,000 4,500 75,000 70,000 4,000 Reference Proportion FY2022 Proportion Change Change 55,539 Maruka Group 65,000 60,000 3,500 20/12-21/11 22/1-22/12 55,000 49,098 3,000 50,000 (JPY million) (JPY million) (JPY million) （％） 45,000
Slide 30: Disclaimer
Disclaimer ・Notes on this material This material is prepared for the sole purpose of providing information to use as reference, and is not intended as a solicitation for investment. This material contains forward looking statements that reflects Maruka Furusato Corporation's plans and expectations.
Slide 31: UNISOL
UNISOL