Kumagai Gumi Co., Ltd. · TSE:1861
Kumagai Gumi — Q2 FY2018 Earnings Presentation
19 slides from Kumagai Gumi's earnings presentation, Nov 14, 2018
Slide 1: Financial Results FY2018 2nd Quarter
Financial Results FY2018 2nd Quarter November 14,2018 Kumagai Gumi Co.,Ltd.
Slide 2: Orders Received-1 (Non-Consolidated) Result and Forecasts
1.Orders Received-1(Non-Consolidated) Result and Forecasts Non-consolidated (100 millions of yen) A B B-A C D D-C FY2017 FY2018 FY2017 FY2018 2nd Quarter 2nd Quarter % (Forecasts) % Public 343 113 (230) (67.2) 664 450 (214) (32.2) Private 245 794 549 224.5 635 850 215 33.9 Civil engineering 588 907
Slide 3: Orders Received-2 (Non-Consolidated) Change
1.Orders Received-2(Non-Consolidated) Change Orders received (100 millions of yen) 3,818 3,820 4,000 9 120 3,500 3,295 21 Overseas 1,299 1,340 2,936 0 2,847 40 (1) 【34.0%】 3,000 7 【35.1%】 1,158 Civil 0 engineering 2,408 【35.1%】 1,095 0 2,500 1,037 0 --------------63.0% 0 【37.3%】 【36.4%】 907 Building
Slide 4: Orders Received-3 Change (Domestic Civil Engineering)
1.Orders Received-3(Non-Consolidated) Change(Domestic Civil Engineering) Orders received (100 millions of yen) 1,000 Water supply and sewers 907 900 1【0.1%】 57【6.3%】 Roads 800 742 26【3.5%】 Railroads 700 588 600 21【3.6%】 Electric power and 598【66.0%】 energy 413【55.6%】 96【16.3%】 500 444 5【1.2%】 Nuclea
Slide 5: Orders Received-4 Change (Domestic Building Construction)
1.Orders Received-4(Non-Consolidated) Change(Domestic Building Construction) Orders received (100 millions of yen) 1,501 Education and research 1,500 45【3.0%】 1,400 Houses 1,300 429【28.6%】 1,200 1,128 Factories and power plants 1,100 77【6.8%】 961 970 77【6.8%】 1,000 Accommodations 900 100【10.3%】 159【
Slide 6: Statement of Income-1 (Non-Consolidated) Result and Forecasts
2.Statement of Income-1(Non-Consolidated) Result and Forecasts Non-consolidated (100 millions of yen) A B B-A C D D-C FY2017 FY2018 FY2017 FY2018 2nd Quarter 2nd Quarter (Forecasts) Ratio Ratio % Ratio Ratio Ratio % Ratio Civil engineering 468 489 20 4.4 1,068 1,100 32 3.0 Building construction 844
Slide 7: Statement of Income-2 (Consolidated) Result and Forecasts
2.Statement of Income-2(Consolidated) Result and Forecasts Consolidated (100 millions of yen) A B B-A C D D-C FY2017 FY2018 FY2017 FY2018 2nd Quarter 2nd Quarter (Forecasts) Non- Non- Non- % Non- Non- Non- % Consolidated Consolidated Subsidiaries Consolidated Consolidated Subsidiaries Consolidated C
Slide 8: Statement of Income-3 Non-Operating and Extraordinary Income
2.Statement of Income-3(Consolidated) Non-Operating Income and Extraordinary Income Non-operating income(Consolidated) (100 millions of yen) A B B-A FY2017 FY201 8 2nd Quarter 2 nd Q uarter Non- Non- Non- Consolidated Consolidated Subsidiaries Consolidated Consolidated Subsidiaries Consolidated Cons
Slide 9: Net Sales and Gross Profit (Non-Consolidated) Change
3.Net Sales and Gross Profit(Non-Consolidated) Change(Domestic) Net sales (100 millions of yen) Net sales (Civil 1,373 1,357 engineerring) 1,400 1,283 1,312 15.0% 452 1,236 489 436 468 Gross profit 1,200 12.2% 397 12.1% (Civil engineerring) 11.1% 11.9% 12.0% 55 10.4% 10.5% Net sales 1,000 11.6% 9.8%
Slide 10: Net Sales and Gross Profit (Consolidated) Change
4.Net Sales and Gross Profit(Consolidated) Change Net sales (100 millions of yen) 2,000 14% Subsidiaries 1,800 1,671 11.9% 1,680 1,725 1,639 11.4% 1,552 12% 1,600 11.8% 10.8% 364 10.8% 297 363 351 306 10% Non- 1,400 10.1% 10.2% Consolidated 9.7% 1,200 8.0% 8% 1,000 Raito 7.0% 6% 800 1,373 1,288 1,31
Slide 11: Net Sales and Gross Profit Quarterly Change
5.Net Sales and Gross Profit(Non-Consolidated and Consolidated) Quarterly Change Net sales (100 millions of yen) Non-consolidated(Domestic) 766 798 826 Net sales (Civil 900 Gross 724 18.0% engineering) 708 742 73 profit 670 657 95 651 737 751 720 86 92 715 800 53 53 16.2% 80 79 87 88 88 78 16.0% 665
Slide 12: SG&A Expenses, Operating Income and Profit Attributable to Owners of Parent
6.SG&A Expenses, Operating Income and Profit Attributable to Owners of Parent(Consolidated) Change (100 millions of yen) SG&A expenses (100 millions of yen) Operating income 100 94 120 90 106 81 25 Subsidiaries 100 12 80 76 90 89 Subsidiaries 69 23 82 70 63 22 12 80 20 60 19 21 5.5% 54 5.5% 6.9% 15
Slide 13: Balance Sheet-1 (Consolidated) Assets
7.Balance Sheet-1(Consolidated) Assets Assets(Consolidated) (100 millions of yen) A B B-A FY2017 FY2018 2nd Quar ter Non- Non- Non- Consolidated Consolidated Subsidiaries Consolidated Consolidated Subsidiaries Consolidated Consolidated Subsidiaries Cash and deposits 1,085 914 172 1,081 874 207 (4) (
Slide 14: Balance Sheet-2 Liabilities and Net Assets
7.Balance Sheet-2(Consolidated) Liabilities and Net Assets Liabilities and net assets(Consolidated) (100 millions of yen) A B B-A FY2017 FY2018 2nd Quar ter Non- Non- Non- Consolidated Consolidated Subsidiaries Consolidated Consolidated Subsidiaries Consolidated Consolidated Subsidiaries Notes payab
Slide 15: Equity Capital (Consolidated) Change
8.Equity Capital(Consolidated) Change Equity capital(Consolidated) (100 millions of yen) FY2014 FY2015 FY2015 FY2016 FY2016 FY2017 FY2017 FY2018 FY2018 2Q 2Q 2Q 2Q (Forecasts) Equity capital 536 603 649 699 803 837 1,264 1,279 1,387 Total capital 2,555 2,341 2,555 2,459 2,719 2,674 3,337 3,213 - Cap
Slide 16: Dividend (Consolidated) Change
9.Dividend(Consolidated) Change Dividend (100 millions of yen) FY2014 FY2015 FY2016 FY2017 FY2018 ※ The company conducted (Forecasts) a one-for-ten reverse stock Number of shares issued 377,544,607 shares 377,544,607 shares 377,544,607 shares 46,805,660 shares 46,805,660 shares split of common stock
Slide 17: Interest-Bearing Debt (Consolidated) Change
10.Interest-Bearing Debt (Consolidated) Change Interest-bearing debt (100 millions of yen) FY2014 FY2015 FY2015 FY2016 FY2016 FY2017 FY2017 FY2018 2Q 2Q 2Q 2Q Interest-bearing debt 199 185 178 164 154 144 145 136 Debt-equity ratio 0.37 0.31 0.27 0.24 0.19 0.17 0.11 0.11 (100 millions of yen) 1,200 0
Slide 18: Cash Flows (Consolidated) Change
11.Cash Flows(Consolidated) Change Cash Flows (100 millions of yen) FY2014 FY2015 FY2016 FY2017 FY2018 2Q 2Q 2Q 2Q 2Q Cash flows from operating activities 46 (27) 109 3 67 Cash flows from investing activities (21) 0 (15) (19) (17) Cash flows from financing activities (4) (23) (29) (37) (53) (100 mil
Slide 19: Capital Investment, Depreciation and R&D Expense
12.Capital Investment, Depreciation and Research and Development Expense(Consolidated) Change Capital investment and other (100 millions of yen) (100 millions of yen) Capital investment FY2014 FY2015 FY2015 FY2016 100 2Q 2Q 90 83 Capital investment 20 11 22 16 80 Depreciation 10 6 13 6 19 Research a