Toyo Engineering Corporation · TSE:6330
Toyo Engineering — Q1 FY2020 Earnings Presentation
9 slides from Toyo Engineering's earnings presentation, Aug 8, 2019
Slide 1: Outline of Financial Results
First Quarter of Fiscal Year Ending March 2020 OUTLINE OF FINANCIAL RESULTS August 8, 2019 Toyo Engineering Corporation
Slide 2: Contents
Contents Page Performance Summary Performance Summary 3 Net Sales 4 Financial Summary Balance Sheet 5 New Orders New Orders 6 Backlog of Contracts 7 Forecast Forecast for 2020/3 8 2 Your Success, Our Pride.
Slide 3: Performance Summary
Performance Summary Decrease in revenue but increase in profit compared with the same period JPY billion of the previous year Forecast 2018/6 2019/6 Difference Progress 2020/3 Net sales 78.7 58.4 (20.3) 240.0 24% Gross profit 5.8 5.8 (0.0) 21.5 27% Gross profit margin 7.4% 10.0% 2.6% 9.0% SG&A exp
Slide 4: Net Sales
Net Sales JPY billion 2019/6 Net sales : JPY 58.4 billion Central and South America China 0.5 0.1 Others 0.6 Others 1.8 Pharmaceuticals etc., Petrochemicals North America 1%1% Japan 1.1 3% 24.5 3.9 6% 11.1 2% Russia and 1% 19% Central Asia 13% Chemicals/ 7.7 Fertilizers 32% 42% 18.9 Region Product 2
Slide 5: Balance Sheet
Balance Sheet JPY billion Assets 2019/3 2019/6 Difference Liabilities and net assets 2019/3 2019/6 Difference Current assets 212.7 189.8 (22.9) Current liabilities 178.4 150.8 (27.6) Cash and deposits 101.7 89.5 (12.2) Short-term interest bearing debt 13.4 10.6 (2.8) Other current assets 16.3 20.1 3
Slide 6: New Orders
New Orders JPY billion Region Product 33.7 32.2 33.7 32.2 2018/6 2019/6 2018/6 2019/6 Japan 16.0 6.8 Petrochemicals 23.0 3.2 Southeast Asia 14.2 2.1 Oil & Gas 1.2 23.3 Southwest Asia, Power / Railways etc. 2.5 2.3 1.0 20.6 Middle East and Africa Chemicals / Fertilizers 1.1 1.0 Russia and Central Asi
Slide 7: Backlog of Contracts
Backlog of Contracts JPY billion Region Product 426.3 426.3 400.7 400.7 2019/3 2019/6 2019/3 2019/6 Japan 135.9 131.6 Petrochemicals 169.9 149.7 Southeast Asia 75.4 64.0 Oil & Gas 23.6 42.9 Southwest Asia, Power / Railways etc. 121.1 114.9 105.9 106.7 Middle East and Africa Chemicals / Fertilizers 1
Slide 8: Forecast for 2020/3
Forecast for 2020/3 JPY billion No change from initial forecast as of May 15, 2019 1Q Forecast 2019/3 2019/6 2020/3 Net sales 294.9 58.4 240.0 Gross profit 10.6 5.8 21.5 Gross profit margin 3.6% 10.0% 9.0% SG&A expenses 16.2 3.8 18.5 Operating income (5.6) 1.9 3.0 Operating income margin -1.9% 3.4
Slide 9: Toyo Engineering Corporation
Toyo Engineering Corporation URL https://www.toyo-eng.com For further questions on this material, please contact: Wataru IIDA General Manager Corporate Communications Department 2-8-1 Akanehama, Narashino, Chiba, Japan 275-0024 TEL +81-47-454-1681 E-mail ir@toyo-eng.com The forecasts given above are