Teikoku Sen-i Co., Ltd. · TSE:3302
Teikoku Sen-i — H1 2024 Earnings Presentation
21 slides from Teikoku Sen-i's earnings presentation, Aug 23, 2024
Slide 1: Summary of Interim Financial Results for Six Months Ended June 30, 2024
Summary of Interim Financial Results for Six Months Ended June 30, 2024 Teikoku Sen-i Co., Ltd. August 23, 2024
Slide 2: Overview of the company and the disaster prevention and preparedness business
Overview of the company and the disaster prevention and preparedness business 2
Slide 3: 117 years of corporate history
117 years of corporate history 1907 Establishment of Teikoku Seima Co., Ltd. (Business) Textile business (linen) (Founder) Zenjiro YASUDA, Eiichi SHIBUSAWA and others (Capital) 640 million yen (Employees) 4,600 1950 After the war, GHQ divided the Company into three companies Postwar – Natural fiber
Slide 4: The Company's vision
The Company’s vision Establish and develop an advanced disaster prevention and preparedness business to protect the safety and security of society and businesses from the threat of multiple, severe and diverse disasters 4
Slide 5: Markets and products
Markets and products 風水害 Wind and flood Volcanic Nuclear 対象 Target 火災 Fires 交通災害 Traffic disasters 震災 Earthquakes damage 火山災害 disasters 原子力災害 disasters テロ Terrorism 土砂災害 Landslides Number of fire department 消防本部数 headquarters Firefighting 722 722 Firefighting hoses Rescue equipment Rescue vehicles 消
Slide 6: Evolution and development of disaster prevention and preparedness business
Evolution and development of disaster prevention and preparedness business Disaster prevention Integrated operation of disaster prevention drones equipment and systems Sustainability DX, technological innovation, and conversion Next-generation firefighting and disaster prevention vehicles to EV New
Slide 7: Main usage of our equipment at disaster sites
Main usage of our equipment at disaster sites Occurrence Disaster occurred Equipment used Date CBRNE disaster equipment (detectors) March 20, 1995 Tokyo Subway Sarin Attack To detect chemical agents, etc. Fukushima Daiichi Nuclear Power Super Pumper (HydroSub® system) March 11, 2011 To discharge sea
Slide 8: 2024 Noto Peninsula Earthquake
2024 Noto Peninsula Earthquake Visited the disaster site immediately after the earthquake and provided rescue equipment and materials, hoses and other products to support the Fire Emergency Medical Service of the Greater Okunoto Regional Administration Association, to which Teisen delivered rescue
Slide 9: Haneda Airport aircraft crash
Haneda Airport aircraft crash Firefighting by Teisen’s airport chemical fire engines Water supply for firefighting by Super Pumper delivered to the Tokyo Fire Department “Super Pumper” 9 Image Source: FNN Prime Online
Slide 10: Interim financial results and Teisen 2025 Performance Plan
Interim financial results for six months ended June 30, 2024 Teisen 2025 Performance Plan millions of yen Overview of the interim financial results Net sales: 17,869 million yen (up 3.9% year-on-year) Operating profit: 2,127 million yen (down 5.8% year-on-year) Ordinary profit: 2,688 million yen (
Slide 11: Interim financial results for six months ended June 30, 2024
Interim financial results for six months ended June 30, 2024 Sales grew due to higher sales of airport chemical fire engines and security equipment for airports, although sales of rescue vehicles and large disaster prevention equipment decreased Gross profit margin declined due to the yen’s depr
Slide 12: Interim financial results for six months ended June 30, 2024
Interim financial results for six months ended June 30, 2024 millions of yen Sales millions of yen Ordinary profit 40,000 6,000 34,000 5,296 35,000 29,904 5,000 4,500 30,000 28,032 3,305 4,000 3,618 3,569 25,000 2,725 20,601 20,655 3,071 2,688 17,869 20,000 17,196 3,000 2,701 16,219 2,424 2,494 13,2
Slide 13: Interim financial results by segment
Interim financial results for six months ended June 30, 2024, by segment In the disaster prevention business, sales of rescue vehicles and large-scale disaster prevention equipment related to nuclear power generation decreased, while sales of airport chemical fire engines and airport security equi
Slide 14: Progress of TEISEN 2025
Progress of TEISEN 2025 Expansion of large water supply and drainage business to for local governments is progressing well Development of security business faces a challenge in the private sector, which is a non-regulated field We are working to create a business opportunity for special-purpos
Slide 15: Expansion of water supply and drainage system for local governments
Expansion of water supply and drainage system for local governments Several local governments are deploying HydroSub® system We are continuously making proposals to municipalities which are considering deploying the system, by such measures as giving demonstrations using actual equipment, with a
Slide 16: Net Sales by Business Segment
Net Sales by Business Segment Disaster Prevention segment millions of yen Firefighting 9,000 Fire fighting hoses: New Mighty Series specifications, 8,000 responding to stronger demand for firefighting hydrant 7,000 hoses, promoting activities to expand sales of hoses for Full year training, etc. 6
Slide 17: Net Sales by Business Segment
Net Sales by Business Segment Disaster Prevention segment (continued) Water Supply and Drainage, millions of yen Industrial complexes 3,500 In the current period, profit margin improved due to 3,000 increased introduction of HydroSub® to local 2,500 governments, and profit grew despite lower sales
Slide 18: Net Sales by Business Segment
Net Sales by Business Segment Disaster Prevention Segment (continued) millions of yen Airport chemical fire engine 3,500 3,000 Sales and profit increased due to significant growth, as 25 units have been delivered in the first 2,500 half of this fiscal year, compared with 12 units 2,000 delivered i
Slide 19: Impact of business environment factors on FY2024 earnings
Impact of business environment factors on FY2024 earnings Major business Impact on FY2024 earnings and future performance environment factors Yen's depreciation, rising • Passed higher import and raw material costs on to price rises Negative • Revenues affected by foreign exchange risk costs, and in
Slide 20: Nankai megathrust earthquakes, Tokyo inland earthquakes
Nankai megathrust earthquakes, Tokyo inland earthquakes It is predicted that a massive earthquake will occur within 30 years with a probability of more than 70% We will contribute to society by expanding our business and developing our products while considering disaster prevention, disaster red
Slide 21: Sustainability promotion
Sustainability promotion E (Environment) CO2 emissions reduction target (from FY2021) 15% by 2025, 30% by 2030 1. Installed photovoltaic panels to introduce green electricity (i) Kanuma Factory: Operation started in July 2023 (ii) Shimotsuke Factory: Operation will start in FY2025 2. Switched from