Nissei Asb Machine Co,. Ltd. · TSE:6284
Nissei Asb Machine Co — FY2024 Earnings Presentation
53 slides from Nissei Asb Machine Co's earnings presentation, Nov 26, 2024
Slide 1: Financial Results for the Year Ending September 2024
経済産業省認定グローバルニッチトップ企業 経済産業省認定グローバルニッチトップ企業 Global Niche Top Company selected by Japanese Ministry of Economy, Trade and Industry Global Niche Top Company selected by Japanese Ministry of Economy, Trade and Industry 2024年9月期 決算説明会 Financial Results for the Year Ending September 2024 Nov 26, 2024 ⽇精エー・
Slide 2: INDEX
2 INDEX Ⅰ．2024年9月期 通期業績 Financial results for the year ending Sept. 2024 Ⅱ．2025年9月期 業績⾒通し Financial forecast for the year ending Sept. 2025 Ⅲ．マーケット情報 Market Information Ⅳ．成⻑戦略 Growth Strategy 参考資料・データ集 Reference Materials, Data book
Slide 3: Financial results for the year ending Sept. 2024
3 Ⅰ. 2024年9月期 通期業績 Financial results for the year ending Sept. 2024
Slide 4: Key Points of Financial Results for the year ending FY2024
2024年9月期 通期決算のポイント 5 Key Points of Financial Results for the year ending FY2024 好調な成形機需要が業績を牽引 Strong demand for machines drives performance. (JPY Bn) 【業績サマリー】 YoY Notes 過去最高︓日本と米州で成形機受注が好調 受注高 411億円 +59億円 +16.8% <Record high> Strong orders for Machine in Japan and the Orders 41.1Bn +5.9Bn Americas.
Slide 5: Consolidated Financial Highlights for the year ending FY2024
2024年9月期 通期連結業績ハイライト 6 Consolidated Financial Highlights for the year ending FY2024 受注高･受注残･売上高ともに過去最高。段階利益も全て増益を達成 Record-high orders, backlog, and sales. All profits also increased YoY (JPY Mn) FY2023 FY2024 YoY Result 1H Result 2H Result Result A % B % C % D=B+C % D-A D/A 受注高 Orders received 35,1
Slide 6: Orders Received by Segment
セグメント別受注高 7 Orders Received by Segment 受注高は過去最高。成形機が大幅増加 Orders reached a record high. Significant increase for Machine (JPY Mn) FY2023 FY2024 YoY Result 1H Result 2H Result Result A % B % C % D=B+C % D-A D/A 成形機 Machine 17,046 48.5% 11,069 53.8% 11,038 53.8% 22,107 53.8% +5,061 +29.7% 製品別 / Product
Slide 7: Net sales by Segment
セグメント別売上高 8 Net sales by Segment 売上高も過去最高。⾦型と部品が過去最高を更新 Sales also reached record high. Molds and Parts reached new record highs (JPY Mn) FY2023 FY2024 YoY Result 1H Result 2H Result Result A % B % C % D=B+C % D-A D/A 成形機 Machine 17,732 51.0% 7,332 44.0% 10,687 53.1% 18,019 49.0% +287 +1.6% 製品別 / Pr
Slide 8: Sales Trend by Region
売上高推移（地域別） 9 Sales Trend by Region 欧米とアジアでバランスの取れた売上構成を堅持 Maintain a balanced sales mix between Europe, the Americas and Asia (JPY Mn) インド第2工場 India plant#2 インド第3工場 India plant#3 インドへの進出〜インド⽣産の取組強化 千曲川工場 Chikumagawa plant in Japan Entry into India — Enhancement of production in India 40,000 36,778 3
Slide 9: Sales Trend by Machinery Category
成形機カテゴリー別売上推移 10 Sales Trend by Machinery Category 中⼩型機は堅調、大型機は回復 主⼒の中⼩型機の売上が増加、大型機は来期の売上を控え減少 Increase in sales of mainstay small/mid-sized machines. Sales of large machines are expected in the next FY. (JPY Mn) (Sales) 来期に出荷を控える大型機の受注残が増加 (Backlog) Order backlog for large machines to be shipped in
Slide 10: Factors for Changes in Operating Profit (YoY)
営業利益の増減要因（対前年同期⽐） 11 Factors for Changes in Operating Profit (YoY) 製品ﾐｯｸｽ改善や増収効果等により営業利益は増加 Operating income increased due to product mix improvement and revenue increase (JPY Mn) R&Dの増加 (Increase in R&D) ▲200M 人件費の増加 (Increase in labor costs) ▲170M 増加 減少 合計 販売費･運搬費等の増加 ▲165M (Increase in selling an
Slide 11: CAPEX, DEP, R&D
設備投資額・減価償却費・研究開発費 12 CAPEX, DEP, R&D 大規模設備投資はひと段落、R&Dはﾃｰﾏを厳選して実施 Large capital investments settled. R&D implemented selectively (JPY Mn) FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 設備投資 Capital Investment 857 965 2,348 5,895 1,445 2,103 2,192 2,892 825 823 減価償却費 Depreciation 716 713 701 810 1,
Slide 12: Consolidated Balance Sheets (Overview)
連結貸借対照表（概要） 13 Consolidated Balance Sheets (Overview) 将来の成⻑投資を⾒据え、高い⼿元流動性を確保 Securing high levels of cash liquidity for future growth investments (JPY Mn) FY2023 FY2024 YoY Notes 現⾦及び預⾦ Cash and deposits 23,578 28,439 +4,860 受取⼿形及び売掛⾦ Notes and accounts receivable-trade 7,589 7,072 -516 商品及び製品 Merch
Slide 13: Consolidated Statements of Cash Flows (Overview)
連結キャッシュ・フロー計算書（概要） 14 Consolidated Statements of Cash Flows (Overview) 現⾦･同等物は増加、高い資⾦⽔準を維持 Cash and cash equivalents increased, maintaining high level of capital (JPY Mn) FY2023 FY2024 Notes 営業活動によるキャッシュ・フロー Cash flows from operating activities 7,885 9,609 投資活動によるキャッシュ・フロー Investment to maintain fac
Slide 14: Financial forecast for the year ending Sept. 2025
15 Ⅱ. 2025年9月期 業績⾒通し Financial forecast for the year ending Sept. 2025
Slide 15: Financial Forecast for the year ending FY2025
2025年9月期 業績⾒通し 16 Financial Forecast for the year ending FY2025 売上400億円の達成で営業利益の記録更新を目指す Aiming to break operating income records by achieving 40 billion JPY in sales. (JPY Mn) FY2024 FY2025 YoY Result Forecast Notes A % B % B-A B/A 売上高 Net sales 36,778 100.0% 41,000 100.0% +4,221 +11.5% 大型機(PF36)の増
Slide 16: Market Information
17 Ⅲ. マーケット情報 Market Information
Slide 17: Global Plastic Containers Market Trends
世界のプラスチック容器市場の動向 19 Global Plastic Containers Market Trends 世界のプラスチック容器市場は堅調に成⻑。特にPET樹脂が伸びる Global Plastic Containers Market Grows Steadily, with PET in Particularly Strong Growth All Plastics 世界のプラスチック容器市場の成⻑予測（樹脂別）(2023年〜2032年) By Material 樹脂別 Others 12 Bn(CAGR 4.3%) (単位:十億ﾄﾞﾙ, USD Billion) 3% 8 B
Slide 18: Global Plastic Containers Market Trends: End Use
世界のプラスチック容器市場の動向 20 Global Plastic Containers Market Trends 容器⽤途別では飲料が最も成⻑する Beverage Containers Grow the Most By End Use 世界のプラスチック容器市場の成⻑予測（⽤途別）(2023年〜2032年) All Plastics By End Use 容器別 (単位:十億ﾄﾞﾙ, USD Billion) Others 32 Bn (CAGR 5.1%) 9% Others 20 Bn FMCG 10% (CAGR 5.2%) 6% FMCG 6% Pharma & Pharma
Slide 19: Beverage PET Bottle Market Size and Regional Growth
21 ASBの戦略領域「飲料PETボトル」の市場規模と地域別の成⻑率 <Strategic Areas of ASB> Global market size and growth rate of Beverage PET bottles by region Beverages Global market by Beverages by PET FY2023 CAGR 6.5% FY2032 USD 75 Bn (2023-2032) USD 134 Bn Europe North America By PET CAGR 22 Bn 14 Bn CAGR 22 Bn 5.0% 14 Bn 5.3
Slide 20: Non-Beverage PET Bottle Market Size and Regional Growth
22 ASBの得意領域「非飲料PETボトル」の市場規模と地域別の成⻑率 <ASB's Areas of Strength>Global market size and growth rate of non-beverage PET bottles by region Non-Beverages Global market by Non-Beverages by PET FY2023 CAGR 5.4% FY2032 USD 61 Bn (2023-2032) USD 99 Bn By PET Europe North America CAGR 16 Bn 11 Bn 4.2% CAGR 13
Slide 21: Summary of growth rates for the global plastic container market
世界のプラスチック容器市場の動向 23 Global Plastic Containers Market Trends 世界のプラスチック容器市場の成⻑率サマリー Summary of growth rates (CAGR) for the global plastic container market 1. 世界のプラスチック容器市場は5.8%で成⻑ Global Plastic Container Market Grows at 5.8%. 2. 樹脂別では、PETが6.1%と最も成⻑、次いでHDPEが5.4%の成⻑ (2つの樹脂で市場の97%を占める) By Material, PET
Slide 22: HDPE Containers Market Size and Growth Rate
世界のプラスチック容器市場の動向 24 Global Plastic Containers Market Trends HDPE製容器の市場規模と成⻑率 Global HDPE Containers Market Size and Growth Rate 世界のHDPE容器市場の成⻑予測（⽤途別）(2023年〜2032年) By HDPE Global HDPE Containers Market By End Use, 2023 and 2032 (USD Million) (単位:十億ﾄﾞﾙ, USD Billion) Others 8 Bn (CAGR 3.8%) 6 Bn (CAGR
Slide 23: Trends in the Indian Plastic Containers Market
インドのプラスチック容器市場の動向 25 Trends in the Indian Plastic Containers Market インドのプラスチック容器市場とインド子会社の売上高推移 Plastic Container Market in India and Sales Transition of ASB India インドのプラスチック容器市場の成⻑予測(2023年〜2032年) By PET ASBｲﾝﾄﾞ子会社の売上高とｲﾝﾄﾞPET容器市場の関係 India‘s Plastic Containers market By Material, 2023 and 2032 Sales
Slide 24: Current Market Trends
マーケット・サマリー（主要市場の足元動向） 26 Current Market Trends 足元の需要は堅調を維持。小型容器の需要が強く、⾦型引き合いが旺盛 Demand remains steady. Strong demand for small containers has led to strong inquiries for molds. 地域別では、中米州･ｲﾝﾄﾞが好調を維持、東南ｱｼﾞｱは復調の兆し、中国は低調続く By region, Central and South America and India maintain strong performance, South
Slide 25: Growth Strategy
27 Ⅳ. 成⻑戦略 Growth Strategy
Slide 26: Growth Strategies for Sustainable Growth
恒久的な存続に向けた成⻑戦略 28 Growth Strategies for Sustainable Growth [Area of expertise] Value-added improvement Non-Beverage The ASB series has boasted top market share for many years Aiming to increase added value and market share by deepening ZC technology and improving energy-saving and environmental perf
Slide 27: Accelerate overseas expansion of PF36
PF36の海外展開の加速 29 Accelerate overseas expansion of PF36 Aiming for full-scale overseas expansion of PF36, which has demonstrated competitiveness in the domestic beverage market Trends in orders for PF36 (Actual results up to FY2024) Overseas So far, domestic expansion has been prioritized (with limite
Slide 28: Growth strategy for the recurring business
安定成⻑の源泉となるストックビジネスの成⻑戦略 31 Growth strategy for the recurring business as a source of stable growth 「⾦型」「ﾊﾟｰﾂ･ｻｰﾋﾞｽ」は安定した成⻑が⾒込めるｽﾄｯｸﾋﾞｼﾞﾈｽ Molds, parts and after-sales services are recurring businesses that can expect stable orders (JPY Mn) Orders by Product Growth rate of orders (YoY in Orders) 45,0
Slide 29: Measures for further growth of recurring business
安定成⻑の源泉となるストックビジネスの成⻑戦略 32 Growth strategy for the recurring business as a source of stable growth ストックビジネスの更なる成⻑に向けた施策 Measures for further growth of recurring business Establishment of TSC at major bases (TSC : Technical Support Center) Aim for stable growth as a recurring business by shortening d
Slide 30: Action to Enhance Corporate Value
企業価値向上への対応 33 Action to Enhance Corporate Value 資本コストや株価を意識した経営の実現に向けた対応 Action to Implement Management that is Conscious of Cost of Capital and Stock Price 30% ROE vs. Cost of Equity 15% ROIC vs WACC 11.9% 19.3% 10.0% 9.1% 20% 10% 8.3% 14.6% 7.8% 14.1% 7.2% 6.8% 6.5% 6.9% 6.6% 6.2% 6.5% 6.5% 11.3%
Slide 31: Strengthen governance structure
ガバナンス体制の強化 34 Strengthen governance structure 多様性に富んだガバナンス体制でグローバル経営を推進 Promoting global management with a diverse governance system As a result of the appointment of the new management team,the ratio of female directors is 18%, and the ratio of foreign directors is 18%, creating a highly diverse go
Slide 32: Thank you very much
35 本⽇はありがとうございました。 Thank you very much ⽇精エー・エス・ビー機械株式会社 経理部 電話︓0267-23-1560 IRに関するお問い合わせ先 Inquiries related to IR e-mail︓ir-info@nisseiasb.com website︓ https://www.nisseiasb.co.jp/ja/ 将来⾒通し等に関する注意事項 本資料につきましては投資家の皆様への情報提供のみを目的としたものであり、売買の勧誘を目的としたものではありません。 本資料における、将来予想に関する記述につきましては、目標や予測に基づいており、確約や保
Slide 33: Reference Materials
SRR AIN BEAR Reference Materials
Slide 34: Company Overview
37 Company Overview Company Name NISSEI ASB MACHINE CO., LTD. Established 8 November 1978 Representative Representative Director, Chairman and CEO: Daiichi Aoki Representative Director, President and COO: Makoto Fujiwara Headquarters 4586-3 Koo, Komoro-shi, Nagano The development, manufacturing and
Slide 35: Changes in Business Activities
事業活動の変遷 38 Changes in Business Activities 創業以来、数多の業界初を産出 Produced many industry-first technologies since its establishment Constructed a firm business foundation in technology, sales and production Production 2021 Acquired a building site for a new factory 2018 Chikumagawa factory Established a foun
Slide 36: Types of PET Bottle Molding Machines
PETボトル成形機の種類 39 Types of PET Bottle Molding Machines 1-Step machine (Mainly for non-beverages) Estimated market scale︓0.5-0.6 billion yen Features of 1-Step machine PET container can be produced in one machine Small investment cost, manpower/energy/space saving Superiority in production of var
Slide 37: ASB's Business Areas
ASBのビジネス領域 40 ASB's Business Areas 1Step機をメイン市場とし、1.5Step機の市場を開拓 Main market for 1-Step and developing the market for 1.5-Step machines Market Image Small Intricate High 1-Step Machine 2-Step Machine Cosmetics / Area of expertise Special Purpose Food / Household Products Beverages Area of expertise
Slide 38: Examples of Containers Molded by our Machines
当社機械による容器成形事例 41 Examples of Containers Molded by our Machines 生活必需品として欠かせない容器の数々 A variety of containers indispensable for daily necessities Category Examples Beauty lotion, milky lotion, moisturizing lotion, perfume, mascara, hair- Cosmetics care and skin-care products, etc. Soy-sauce, sauce, ketc
Slide 39: Main Machine Lineup
主⼒製品ラインナップ 42 Main Machine Lineup マーケットニーズに応える多彩な製品ラインナップ A diverse product lineup that meets market needs 1-Step 1.5-Step Main product series having superiority An innovative concept machine in production of variety of containers which has advantages of both in small- to mid-sized lots 1-Step and 2
Slide 40: Zero Cooling System
製品競争⼒の源泉（ゼロ・クーリングシステム） 43 Zero Cooling System 生産性と容器品質を向上させる画期的成形⼿法 Zero Cooling System, a technology that improves productivity and container quality Conventional Container production cycle production process Injection molding process Machine 1. Preform molding Cooling operation 2. Temperature cond
Slide 41: DX strategy to build lasting relationships with customers
顧客との永続的な関係を構築するDX戦略 44 DX strategy to build lasting relationships with customers Vision1(新制御システム)で顧客のDX化をサポート Vision1 (new control system) supports customer DX Customers’ factory Visualization system Vision1 is ASB’s new control system Conforms to the world standard communication protocol, “OPC
Slide 42: Why Customers Support Us
顧客から⽀持される理由 45 Why Customers Support Us 40年の業歴で、顧客から信頼される「鉄壁のサイクル」を構築 “Ironclad cycle” of trust from customers, created through 40 years of business End-Users Differentiation of own-product (High-end-oriented / Originality) Container development abilities Container Manufacturers Technical developmen
Slide 43: Environmental Technology Strategy
環境技術戦略 46 Environmental Technology Strategy CO2削減とプラごみ削減の2軸で環境に配慮 Environmentally friendly with two axes: CO2 reduction and plastic waste reduction [Climate change] [Waste] Social issues Reduction of CO2 Reduction of plastic waste • Reduction of electricity consumption 3R+Renewable • Reduction of tr
Slide 44: Efforts Addressing the Environmental Issues
環境に対する取り組み 47 Efforts Addressing the Environmental Issues 創業当初から環境対応技術に取り組み業界をリード Leading the industry with efforts to environment-conscious technologies since its establishment Our molding machines are applicable to many kinds of plastic materials Promoting technological development for the “3R
Slide 45: Trends addressing plastic issues by countries
環境に対する取り組み 48 Efforts Addressing the Environmental Issues プラスチックごみ問題に関する各国の動向 Trends addressing plastic issues by countries Resource Circulation Strategy for Plastics (abstract) Suppress use of single-use plastics by 25% in accumulation by 2030 Japan Reuse or recycle 60% of plastics packaging by
Slide 46: Data book
49 データ集 Data book
Slide 47: Order backlog by Segment
セグメント別受注残高 50 Order backlog by Segment 期末の受注残高は過去最高。機械が100億円超の高⽔準 Record-high order backlog as of the end of FY, with machinery at a high level of over 10 Bn JPY (Mn JPY) FY2023 FY2024 YoY Result 1H Result 2H Result Result A % B % C % D=C % D-A D/A 成形機 Machine 7,191 48.9% 10,680 58.3% 10,863 58.9% 1
Slide 48: Consolidated Performance of Previous Years (Quarterly)
過年度連結業績（経営指標） 51 Consolidated Performance of Previous Years (Mn JPY) 四半期推移 FY2023 FY2024 Quarterly 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 受注高 Orders received 8,316 - 8,123 - 8,602 - 10,139 - 10,913 - 9,679 - 11,331 - 9,179 受注残高 Order backlog 16,168 - 15,666 - 15,569 - 14,716 - 17,518 - 18,330 - 19,726 - 18,454 売上高
Slide 49: Consolidated Performance of Previous Years
過年度連結業績（経営指標） 52 Consolidated Performance of Previous Years (Mn JPY) FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 受注高 Orders received 25,321 23,010 30,694 28,854 26,056 34,248 32,959 33,223 35,181 41,103 受注残高 Order backlog 10,171 7,656 9,060 10,080 9,508 15,471 12,451 15,048
Slide 50: Long-Term Changes in Orders Received by Product
製品別の受注高の⻑期推移（移動平均） 53 Long-Term Changes in Orders Received by Product (moving average) 成形機受注は回復、⾦型・パーツは着実に成⻑ Machine Orders Recover, Steady growth in Molds and Parts (Mn JPY) [四半期受注高の4区間移動平均ｸﾞﾗﾌ Graph:4 point moving averages for quarterly figures] 8,000 【成形機受注 Machine】 北米の需要回復と日本(PF36)受注増加が牽引 Driven
Slide 51: Long-Term Changes in Orders Received and Backlog
受注高・受注残高の⻑期推移 54 Long-Term Changes in Orders Received and Backlog 堅調な受注で新たなステージへの移⾏を図る Solid Orders Leading to a New Stage of Transition (Mn JPY) 受注残高 Order backlogs 受注高通期 Full year orders 35-40 billion 45,000 41,103 40,000 30-35 billion 35,000 25-30 billion 34,248 35,181 32,959 33,223 30,000 30,694
Slide 52: Corporate Principles
経営理念 55 Corporate Principles Corporate Principles Generate affluence for people and society ASB is committed to make people live more conveniently and affluently through our business of popularizing PET bottles around the world and for more applications. Maintain company growth by providing high lev
Slide 53: IR Inquiries
56 ⽇精エー・エス・ビー機械株式会社 経理部 電話︓0267-23-1560 IRに関するお問い合わせ先 Inquiries related to IR e-mail︓ir-info@nisseiasb.com website︓ https://www.nisseiasb.co.jp/ja/ 将来⾒通し等に関する注意事項 本資料につきましては投資家の皆様への情報提供のみを目的としたものであり、売買の勧誘を目的としたものではありません。 本資料における、将来予想に関する記述につきましては、目標や予測に基づいており、確約や保証を与えるものではありません。 また、将来における当社の業績が、現在の当