Nikkon Holdings Co., Ltd. · TSE:9072
Nikkon — FY2023 Earnings Presentation
34 slides from Nikkon's earnings presentation, May 25, 2023
Slide 1: Financial Results for the Fiscal Year Ended March 31, 2023
NIKKON Holdings Co., Ltd. Security: 9072 Financial Results for the Fiscal Year Ended March 31, 2023 May 25, 2023
Slide 2: Table of Contents
Table of Contents 1. Financial Results Explanation Financial Results Shareholder Returns Review of Implementation of the Twelfth Medium-Term Management Plan Thirteenth Medium-Term Management Plan 2. ESG Explanation ESG Initiatives Thirteenth Medium-Term Management Plan (KPI) 2
Slide 3: Financial Results: Summary of the Fiscal Year ended March 31, 2023
■Financial Results: Summary of the Fiscal Year ended March 31, 2023 ■ Trends of Japanese ■ Trends of Logistics industry economic While crude oil prices continue to Action against COVID-19 enters a soar, expenses for capital turning point investment and personnel also continue to increase Steep
Slide 4: Financial Results: Statement of Earnings
■Financial Results: Statement of Earnings Increase/ (Millions of yen) 2022/3 2023/3 Change (%) decrease Net sales 198,159 212,071 +13,912 +7.0% Operating profit 19,512 19,580 +68 +0.3% Ordinary profit 21,584 22,108 +524 +2.4% Net profit* 14,741 15,913 +1,172 +8.0% * Net profit: Profit attributable t
Slide 5: Financial Results: Net Sales and Operating Profit by Segment
■Financial Results: Net Sales and Operating Profit by Segment Segment Net sales Operating profit Increased because of efforts such as the expansion and Increased for reasons such as the recovery of cargo Transportation streamlining of consolidated cargo transport despite a rise in fuel volume and th
Slide 6: Financial Results: Net Sales by Industry / Regions
■Financial Results: Net Sales by Industry / Regions Automobile Sales increased because we are recovering from Sales increased due to the recovery of business the shortage of semiconductors. Japan volume in the automotive and housing sectors. Auto-Parts Sales increased because we are recovering from
Slide 7: Financial Results: Financial Indicators
■Financial Results: Financial Indicators Total assets Main change Cash and deposits increased JPY 9,994 million due in part to the posting of profit for factors the period. Property, plant and equipment increased by JPY 10,343 million due to capital investment. Interest- Main change Increased
Slide 8: Financial Results: Consolidated Cash Flow
■Financial Results: Consolidated Cash Flow 2022/3 Free C/F -2,582 (Millions of yen) -31,567 Net Change -1,208 +28,985 30,366 +759 +613 29,157 Cash flows Cash flows Cash flows from from operating from investing financing Other activities activities activities Profit before income Purchase of property
Slide 9: Financial Results: Changes in Capital Investments
■Financial Results: Changes in Capital Investments Capital Investment (Consolidated Basis) (Millions of yen) (Millions of yen) 40,000 33,087 28,344 30,000 28,280 25,914 23,216 22,226 18,984 20,000 16,548 15,213 10,000 0 2015/3 2016/3 2017/3 2018/3 2019/3 2020/3 2021/3 2022/3 2023/3 9
Slide 10: Summary of Capital Investments for the Year ended Mar. 31, 2023
■Financial Results: Capital Investment Summary of Capital Investments for the Year ended Mar. 31, 2023 (Consolidated) Capital Amount Investments Descriptions (Millions of yen) Details 126 units (Additional Operating Fleets 916 trucks or replacements) Buildings Warehouses, etc. Lands 18,690 Lands for
Slide 11: Capital Investment: Completion of Warehouses
■Financial Results: Capital Investment [Completion of Warehouses] Status of Warehouse Construction for the Year ended Mar. 31, 2023 (Consolidated) Date of Total floor NO. Company name Location Buildings Applications completion area NIPPON KONPO UNYU 1 Suzuka, Mie Pref. Jun. 2022 Warehouse 16,569 m2
Slide 12: Capital Investment: Warehouses under Construction
■Financial Results: Capital Investment [Warehouses under Construction] Ongoing Capital Investments (Consolidated Basis) as of Mar. 31, 2023 Date of completion Total floor NO. Company name Location Buildings Applications area (plan) NIPPON KONPO UNYU SOKO Storage of EC-related 1 Miyoshi-machi, Saitam
Slide 13: Capital Investment: Real Estate Acquisition
■Financial Results: Capital Investment [Real Estate Acquisition] Warehouses Acquired for the Fiscal Year ended March 31, 2023 (Consolidated Base) Date of Total floor NO. Company name Location Property Applications acquisition area NIPPON KONPO UNYU SOKO Shime-machi, Storage of Auto- 1 Apr. 2022 Ware
Slide 14: Table of Contents
Table of Contents 1. Financial Results Explanation Financial Results Shareholder Returns Review of Implementation of the Twelfth Medium-Term Management Plan Thirteenth Medium-Term Management Plan 2. ESG Explanation ESG Initiatives Thirteenth Medium-Term Management Plan (KPI) 14
Slide 15: Shareholder Return: Dividends
■Shareholder Return: Dividends The annual dividend for the fiscal year ended March 31, 2023 is 99 yen per share (increased by 30 yen year-on-year). The annual dividend forecast for the fiscal year ending March 31, 2024 is 100 yen per share. Trends in dividends and consolidated dividend payout ra
Slide 16: Shareholder Returns: Purchase/Retirement of Treasury Shares
■Shareholder Returns: Purchase/Retirement of Treasury Shares 1. Purchase of treasury shares (1) Total number of shares purchased: 1,352,000 shares (upper limit: 1,400,000 shares) (2) Total stock acquisition cost: JPY 2,999 million (upper limit: JPY 3,000 million) (3) Acquisition period: May 16, 2022
Slide 17: Table of Contents
Table of Contents 1. Financial Results Explanation Financial Results Shareholder Returns Review of Implementation of the Twelfth Medium-Term Management Plan Thirteenth Medium-Term Management Plan 2. ESG Explanation ESG Initiatives Thirteenth Medium-Term Management Plan (KPI) 17
Slide 18: Review of the Implementation of the Twelfth Medium-Term Management Plan (1)
■Review of the Implementation of the Twelfth Medium-Term Management Plan (1) Twelfth Medium-Term Management Plan: Results of NIKKON Holdings (Millions of yen) Year ended 12th Medium-Term Year ended Mar. 31, Year ended Mar. Year ended Mar. 31, Mar. 31, 2020 Management Plan 2021 31, 2022 2023 Actual N
Slide 19: Historical Financial Data: Net Sales, Operating Profit, Operating Profit Ratio
■Historical Financial Data: Net Sales, Operating Profit, Operating Profit Ratio (Millions of yen) (％) Net sales Operating profit Operating profit ratio 212,071 11.0 205,000 197,693 199,512 198,159 187,819 179,312 182,536 174,031 10.5 170,076 165,205 165,000 10.0 10.1 10.1 10.1 10.1 10.0 140,511 9.8
Slide 20: Historical Financial Data: Net Sales, ROE, ROA
■Historical Financial Data: Net Sales, ROE, ROA (Millions of yen) (％) 220,000 Net sales ROE ROA 10.0 8.8 212,071 9.0 200,000 8.2 8.2 8.2 8.1 8.0 197,693 198,159 8.0 7.5 199,512 7.3 7.1 187,819 7.1 180,000 6.9 182,536 7.0 179,312 174,031 170,076 6.0 160,000 165,205 5.7 5.4 5.0 5.2 5.1 5.1 140,511 5.0
Slide 21: Twelfth Medium-Term Management Plan (2) Changes in Capital Investment
■Review of the Implementation of the Twelfth Medium-Term Management Plan (2) Changes in Capital Investment ■ Results of capital investment from the 80th to 82nd term (Millions of yen) 30,000 28,344 28,280 Operating Fleets, 2,019 Operating Fleets, 2,012 25,000 Lands, 6,453 22,226 Lands, 9,910 Operati
Slide 22: Table of Contents
Table of Contents 1. Financial Results Explanation Financial Results Shareholder Returns Review of Implementation of the Twelfth Medium-Term Management Plan Thirteenth Medium-Term Management Plan 2. ESG Explanation ESG Initiatives Thirteenth Medium-Term Management Plan (KPI) 22
Slide 23: Thirteenth Medium-Term Management Plan
■Thirteenth Medium-Term Medium-Term Management Plan: Management Plan Challenge 13 “Contribute through our business activities to the realization and sustainable growth of a prosperous society that enables people to feel truely happy” Net Sales/Operating Profit (Millions of yen) KPI targets in the me
Slide 24: Growth Strategy: Circulation Business
■Growth Strategy: Circulation Business We support the facilitation and streamlining of the reuse and recycling of car components in the logistics (ancillary) domain. Procurement Sales logistics logistics Procurement logistics Manufacturers Sales company Parts manufacturer Used Supply chain Sales com
Slide 25: Growth Strategy: Expansion of Overseas Business
■Growth Strategy: Expansion of Overseas Business Expansion of Overseas Business Overseas locations 9 Countries NIKKON CHINA LOGISTICS CO., LTD. 29 FUTIAN NIKKON LOGISTICS (GUANGZHOU) CO., LTD. Companies GUANGZHOU DONGFENG NIKKON LOGISTICS CO., LTD. NIKKON CHONGQING LOGISTICS CO., LTD. Other 4 Compan
Slide 26: Growth Strategy: Activities for Manpower Saving and Automation
■Growth Strategy: Activities for Manpower Saving and Automation Vertical conveyors Warehousing robots Mobile racks Effect: Approx. 84% Effect: Approx. 30% Effect: Approx. 10% reduction in excess work reduction in operation labor reduction in operation man-hours Shuttle racks Double articulated truck
Slide 27: Growth Strategy: Activities for Systemization (Digital Platform Development)
■Growth Strategy: Activities for Systemization (Digital Platform Development) Automated Automated WMS:inventory management Robots AI IoT devices operations and operations and system labor saving labor saving TMS: transportation and delivery Prompt introduction of optimal Material handling Connect ↓
Slide 28: Growth Strategy: M&A Policy
■Growth Strategy: M&A Policy M&A is a tool for buying time. “Regional complement” “Supplement of technologies and functions” “Development of new shippers” Pursuit of M&A requirements Business support Blank areas • Recycling business Upstream <<Expectation>> • System development ● Expansion of busine
Slide 29: Table of Contents
Table of Contents 1. Financial Results Explanation Financial Results Shareholder Returns Review of Implementation of the Twelfth Medium-Term Management Plan Thirteenth Medium-Term Management Plan 2. ESG Explanation ESG Initiatives Thirteenth Medium-Term Management Plan (KPI) 29
Slide 30: Initiatives for ESG (1) Action on Climate Change
■Initiatives for ESG (1) Action on Climate Change (1) Introduction of eco- (2) Photovoltaic power generation friendly vehicles (introduction of on-site PPA) Warehouse 3 of Warehouse 6 of the Kikuyou office the Kikuyou office 2-ton hybrid tracks ■ Trucks Hybrid 25 Natural gas 21 ■ Owner-driven vehicl
Slide 31: ESG Initiatives (2) Support for Sports
■ESG Initiatives (2) Support for Sports Cerezo Osaka soccer class sponsored by NIKKON Holdings ■ Japan Date and time: 14:00 - 16:00, November 27, 2022 (Sun) Venue: Yodoko Sakura Stadium (Higashisumiyoshi-ku, Osaka) Participants: 81 first- to sixth-year elementary school students (Breakdown) Related
Slide 32: ESG Initiatives (3) Women's Empowerment Initiatives
■ESG Initiatives (3) Women’s Empowerment Initiatives Promotion of diversity Weekly one-hour webinars held from September to December 2022, 15 in total Women's empowerment seminar: Bring out strengths of individuals and help every woman demonstrate leadership ■ Pre-webinar video explanation Before a
Slide 33: KPI targets in the Thirteenth Medium-Term Management Plan (ESG)
■KPI targets in the Thirteenth Medium-Term Management Plan (ESG) (1) Ratio of female employees 2022年度 FY2022 2025年度 FY2025 従業員全体に占める⼥性の割合 Percentage of all employees that are women 24% 30% (2) CO2 emissions (scope 1 and 2) 2022年度 FY2022 2025年度 FY2025 2030年度 FY2030 2050年度 FY2050 CO2排出量削減目標 CO2 emissi
Slide 34: For IR inquiries
For IR inquiries NIKKON Holdings Co., Ltd. Stock Section, General Affairs Department 6-17 Akashi-cho, Chuo-ku, Tokyo TEL (03)3541-5330 (Representative) FAX (03)3546-3659 https://www.nikkon-hd.co.jp E-mail:kouhou@nikkon.co.jp ◆ Forward-looking statements in this presentation, including earnings forec