Nissha Co.ltd. · TSE:7915
Nissha Co.ltd — Q2 2024 Earnings Presentation
17 slides from Nissha Co.ltd's earnings presentation, Aug 6, 2024
Slide 1: Financial Results for FY2024 Q2
Financial Results for FY2024 Q2 Ended June 30, 2024 August 6, 2024 Junya Suzuki President and CEO Nissha Co., Ltd.
Slide 2: Highlights
Highlights FY2024 H1 Results ⚫ Tailwinds ⚫ Increased in net sales and profit YoY in all businesses, demand recovered ⚫ Industrial Materials: Steady demand, productivity and efficiency improved at overseas group companies. ⚫ Devices: Strong product demand for tablet devices and handheld terminals, ex
Slide 3: FY2024 H1 (6 months) Results
FY2024 H1 (6 months) Results (Millions of JPY) 2023 H1 2024 H1 Results Results YoY Net sales 83,005 99,661 +20.1% Industrial Materials 34,049 37,220 +9.3% Devices 27,839 36,273 +30.3% Medical Technologies 17,318 22,024 +27.2% Others 3,798 4,142 +9.1% Operating profit 58 4,405 +7,461.2% Operating pro
Slide 4: FY2024 Q2 (3 months) Results
FY2024 Q2 (3 months) Results (Millions of JPY) 2023 Q2 2024 Q1 2024 Q2 Results Results Results YoY QoQ Net sales 40,574 46,719 52,942 +30.5% +13.3% Industrial Materials 16,975 17,841 19,379 +14.2% +8.6% Devices 13,031 16,569 19,704 +51.2% +18.9% Medical Technologies 8,793 10,069 11,954 +35.9% +18.7%
Slide 5: Industrial Materials: FY2024 Q2 Results, H2 Forecast
Industrial Materials: FY2024 Q2 Results, H2 Forecast Quarterly net sales and operating profit margin ■Sustainable Materials ●Operating profit margin ⚫ Net sales: Increased QoQ (Metallized paper and others) ●Operating profit margin ⚫ Decoration: Steady demand for ■Decoration (Home appliances (excludi
Slide 6: Devices: FY2024 Q2 Results, H2 Forecast
Devices: FY2024 Q2 Results, H2 Forecast Quarterly net sales and operating profit margin ■Gaming devices, Handheld terminals (logistics related), ⚫ Net sales: Increased QoQ Mobility, Gas sensors and others ⚫ Tablet devices: Exceeded previous ■Tablet devices ■Smartphones ●Operating profit margin forec
Slide 7: Medical Technologies: FY2024 Q2 Results, H2 Forecast
Medical Technologies: FY2024 Q2 Results, H2 Forecast Quarterly net sales and operating profit margin ⚫ Net sales: Increased QoQ ■Business media ●Operating profit margin ⚫ Medical devices (CDMO): ■Medical devices (Own brand) Contribution of the acquired company (Isometric, acquired in ■Medical device
Slide 8: Forecast has been revised upward
Forecast has been revised upward (Millions of JPY) Previous Forecast (May 9) Revised Forecast (August 6) FY2024 FY2024 FY2024 FY2024 FY2024 FY2024 Full-year H1 H2 Full-year H1 H2 Forecast Forecast Forecast Forecast Results Forecast Net Sales 188,600 93,600 95,000 196,600 99,661 96,939 Industrial Mat
Slide 9: Reduction of strategic shareholdings
Reduction of strategic shareholdings ⚫FY2024 reduction plan: Ratio to total equity 10% or less ⚫Devote to growth investments and shareholder returns ■Balance of strategic shareholdings ●Ratio to total equity Increase due to (Millions of JPY) （%） share prices up 20,000 19,277 of shareholdings 30 16,8
Slide 10: New acquisition of treasury stock
New acquisition of treasury stock ⚫Reasons for acquisition: To improve shareholder return and capital efficiency Outline Type of shares to be acquired Common stock in Nissha Co., Ltd. Method of acquisition Market purchase on the Tokyo Stock Exchange The number of shares to be Up to 600,000 shares (R
Slide 11: Sustainability Initiatives
Sustainability Initiatives Naoko Yoshida Director, ESG Promotion ©2024 Nissha Group 11
Slide 12: Responding to Climate Change
Responding to Climate Change CO2 emissions ⚫Reduction of CO2 emissions ⚫ Scope 1,2: 2030 target to be achieved in 2024 30% reduction (vs 2020) Promoting renewable energy Promoting energy conservation ⚫ Complete switch to 100% ⚫ Introduction of energy-saving renewable electricity at major equipment (
Slide 13: Enhancing Human Capital
Enhancing Human Capital ■Female manager ratio ■Ratio of next-generation female managers ⚫ Development of human resource capabilities 28％ for improved value proposition 22.3％ 23.9％ 24.5％ ⚫ Diverse human resources ⚫ Female manager ratio: 12% (Nissha non-consolidated, 12％ 2026 target) 7.1％ 5.9％ ⚫ Added
Slide 14: Information disclosure and external evaluation
Information disclosure and external evaluation ⚫2024 edition issued ⚫ Nissha Report (Integrated Report) ⚫ With the CEO message at the core, it presents the concept of value creation that leverages the strengths of the Nissha Group. ⚫ Nissha Sustainability Report Nissha Report 2024 Nissha Sustainabil
Slide 15: (Reference) External evaluations on our ESG
(Reference) External evaluations on our ESG ⚫ESG rating agency ⚫ MSCI ESG Ratings ”AA” rating ⚫ CDP Climate Change Report 2023 “B” rating ⚫Index ⚫ Included in 5 of the 6 ESG indexes adopted by GPIF ⚫ FTSE Blossom Japan Index ⚫ FTSE Blossom Japan Sector Relative Index ⚫ MSCI Nihonkabu ESG Select Lead
Slide 16: (Reference) Capital investment, Depreciation and amortization, M&A investment, R&D (FY2024)
(Reference) Capital investment, Depreciation and amortization, M&A investment, R&D (FY2024) (Millions of JPY) Q1 Results Q2 Results Capital investment 2,043 2,808 Depreciation and 2,269 2,444 amortization M&A investment 10,218 540 R&D 1,086 1,137 ©2024 Nissha Group 16
Slide 17: Among the information included in this presentation and provided at investor briefings and conferences,
Among the information included in this presentation and provided at investor briefings and conferences, performance targets, plans, outlooks, strategies and other information that is not constituted of actual past facts, is information that has been judged reasonable by the managers of the Company b