Nachi-fujikoshi Corp. · TSE:6474
Nachi-fujikoshi — H1 FY2024 Earnings Presentation
11 slides from Nachi-fujikoshi's earnings presentation, Jul 18, 2024
Slide 1: Business Results for the First Half of FY2024
Business Results for the First Halt of FY2024 July 18, 2024 : e Ni nN Hi NACHI-FUJIKOSHI CORP. Outline 1. Business Results 2~7 for the First Half of FY2024 2. Business Forecast for FY2024 8 ~16 3. Business Strategy 17~20
Slide 2: Results for the First Half of FY2024 1H Actual
Business Results for the First Half of FY2024 2 Results for the First Half of FY2024 1H Actual (Billions of yen) Increase/ FY2023 FY2024 D 1H(A) 1H(B) (B) _ (A) Net Sales 135.2 118.7 | (12.2%) —16.5 Operating _ Profit (5.6%) 7.6 | (2.0%) 2.3 | (—69.2%) —5.3 Ordinary Profit (5.2%) 7.0] (1.2%) 1.4 | (
Slide 3: Consolidated Financial Data 1H Actual
Consolidated Financial Data 1H Actual (Billions of yen) Increase/ FY2023 FY2024 Decrease 1H(A) 1H(B) (B) — (A) ROE 6.3% 0.9% —5. 4pt Total Assets 358. 8 366. 1 +7.3 Stockholder’s Equity (Stockholder’s Equity ratio) (42.3%) 151.9] (46.1%) 168.7 +16.8 Interest-bearing Debts _ (Net DE ratoy (0.51) 110.
Slide 4: Operating Profit Analysis 1H Actual
Operating Profit Analysis 1H Actual (Increase : 4.5) ( Decrease : 9.8) (Billions of yen) Increase in sales prices Rise in material price +1.2 -0.6 Fluctuation of exchange rate +1.0 10 | Cost reduction +0.9 Decrease in fixed costs, Decrease of operating rate SGA and others +14 -9.2 FY2023 1H Increase
Slide 5: Forecast for FY2024
Business Forecast for FY2024 8 Consolidated Financial Highlights FY2024 (Billions of yen) Increase/ FY2023 FY2024 Actual (A) Forecast (B) Bec A) Net Sales 265. 4 238.0} (—10.3%) —27.4 Operating _ Profit (4.5%) 11.8 |(2.5%) 6.0 | (—49.5%) 9.8 Ordinary Profit (4.2%) 11.0 |(2.1%) 5.0] (—54.7%) —6.0 Pro
Slide 6: Trend of business results every half year - FY2024
Trend of business results every half year -FY2024 © (Billions of yen) mmNet Sales -@Oparating Profit 136.0 135.2 130.2 118.7 119.3 1H 2H 1H 2H 1H 2H 1H FY2020 FY2021 FY2023 FY2024 10 Trends of the demand -Part1 -FY2024 © (Trends by industry : Trends of production by main customer) Small Construction
Slide 7: Trends of the demand -Part2 -FY2024
Trends of the demand -Part2 -FY2024 © (Trends by Region) Japan Automobile production will recover gradually, but be adjusted in other industries. China The demand for construction and industrial machine, commercial markets will be flat, but EV-related will expand from the latter of the second half y
Slide 8: Sales and Operating Profit by Business Segment FY2024
Sales and Operating Profit by Business Segment FY2024 ( Billions of yen ) FY2023 FY2024 Increase/ Actual (A) Forecast (B) Bc A) RS} Cutting Tools 34.0 33.1] (—2.8%) —0.9 @ sw] Machine Tots 13.3 12.5| (—6.4%) —0.8 = 8 Robots 38.0 30.2| (—20.6%) —7.8 g Net Sales 85.4 75.8} (—11.3%) —9.6 = [Operating P
Slide 9: Consolidated Financial Data FY2024
Consolidated Financial Data FY2024 (Billions of yen) FY2023 FY2024 perease! Actual (A Forecast (B (A) (B) (B) -(A) ROE 4.2% 1.8% —2. Apt Total Assets 370. 3 361.0 —9.3 Stockholder’s Equity (Stockholder’s Equity ratio) (43.9%) 162.7] (47.0%) 169.8 +7.1 Interest-bearing Debts _ (Net DIE ratio) (0.47)
Slide 10: Expand business in the Electric Vehicle (EV) field
Expand business in the Electric Vehicle(EV) field Electric motor and eAxle(Integrated drive motor system) Aqua REVO Drills Burrless Electrically insulated bearings Improved productivity by minimalizing burrs in Successfully developed technology for inserting electrically the machining of complex hol
Slide 11: Strengthen profitability and production system
Business Strategy Strengthen profitability and production system O Increase production capacity of Carbide Drills in North America Increase four times production capacity by the end of FY2024 | | : | - Respond to QCDS requests from local customers NACHI TOOL AMERICA INC. Carbide Drills O Accelerate