Toyo Engineering Corporation · TSE:6330
Toyo Engineering — Q3 FY2017 Earnings Presentation
10 slides from Toyo Engineering's earnings presentation, Feb 9, 2018
Slide 1: Outline of Financial Results
Mission: Engineering for Sustainable Growth of the Global Community Vision: Global Leading Engineering Partner Values: Integrity, Creativity, Diversity, Learning, Team Third Quarter of Fiscal Year Ending March 2018 OUTLINE OF FINANCIAL RESULTS February 9, 2018 Toyo Engineering Corporation
Slide 2: Contents
Contents Page Outline of Income Statement Performance Summary 3 Breakdown of Income 4 Net Sales 5 Financial Position Balance Sheet 6 New Orders New Orders 7 Backlog of Contracts 8 Forecast Forecast 9 2
Slide 3: Performance Summary
Performance Summary JPY billion Forecast 2016/12 2017/12 Difference 2018/3 Progress as of Feb 7, 2018 Net sales 304.0 263.3 (40.7) 350.0 75% Gross profit 11.2 (7.4) (18.6) 3.0 -247% Gross profit margin 3.7% -2.8% -6.5% 0.9% SG&A expenses 12.7 15.5 (2.8) 21.0 74% Operating income (1.5) (23.0) (21.5)
Slide 4: Breakdown of Income
Breakdown of Income JPY billion 2016/12 2017/12 Difference Gross profit 11.2 (7.4) (18.6) Selling, general and administrative expenses 12.7 15.5 (2.8) Operating income (1.5) (23.0) (21.5) Total non-operating income and expenses 2.9 2.0 (0.9) Ordinary income 1.4 (20.9) (22.3) Total extraordinary gain
Slide 5: Net Sales
Net Sales JPY billion Region Product 304.0 304.0 263.3 263.3 2016/12 2017/12 2016/12 2017/12 Japan 43.4 54.2 Petrochemicals 179.2 114.7 Southeast Asia 123.9 118.8 Oil & Gas 26.8 9.0 Southwest Asia, Power / Railways etc. 76.1 89.7 16.0 34.7 Middle East and Africa Chemicals / Fertilizers 11.6 40.4 Rus
Slide 6: Balance Sheet
Balance Sheet JPY billion Assets 2017/3 2017/12 Difference Liabilities and net assets 2017/3 2017/12 Difference Current assets 281.7 245.2 (36.5) Current liabilities 237.1 215.5 (21.6) Cash and deposits 126.0 86.3 (39.7) Short-term interest bearing debt 8.4 7.7 (0.7) Marketable securities 1.1 4.5 3.
Slide 7: New Orders
New Orders JPY billion Region Product 143.8 143.8 92.3 92.3 2016/12 2017/12 2016/12 2017/12 Japan 16.2 37.7 Petrochemicals 5.9 47.2 Southeast Asia 51.3 79.4 Oil & Gas 20.4 26.3 Southwest Asia, Power / Railways etc. 50.1 47.0 3.9 9.7 Middle East and Africa Chemicals / Fertilizers 2.2 6.2 Russia and C
Slide 8: Backlog of Contracts
Backlog of Contracts JPY billion Region Product 492.6 492.6 358.8 358.8 2017/3 2017/12 2017/3 2017/12 Japan 61.2 44.7 Petrochemicals 249.4 170.1 Southeast Asia 230.3 179.9 Oil & Gas 6.8 23.1 Southwest Asia, Power / Railways etc. 148.5 106.4 62.1 37.3 Middle East and Africa Chemicals / Fertilizers 79
Slide 9: Forecast
Forecast JPY billion 3Q Forecast for 2018/3 2017/3 Initial plan New plan 2017/12 as of May 19, 2017 as of Feb 7, 2018 Difference Net sales 431.9 263.3 370.0 350.0 (20.0) Gross profit 15.9 (7.4) 27.5 3.0 (24.5) Gross profit margin 3.7% -2.8% 7.4% 0.9% -6.5% SG&A expenses 17.9 15.5 21.0 21.0 0.0 Opera
Slide 10: Toyo Engineering Corporation
Toyo Engineering Corporation URL http://www.toyo-eng.com For further questions on this material, please contact: Wataru IIDA General Manager Corporate Communications Division 2-8-1 Akanehama, Narashino, Chiba, Japan 275-0024 TEL +81-47-454-1681 E-mail ir@toyo-eng.com The forecasts given above are ba