Daifuku Co., Ltd. · TSE:6383
Daifuku — Q3 FY2017 Earnings Presentation
18 slides from Daifuku's earnings presentation, Feb 9, 2018
Slide 1: Consolidated Financial Results
Consolidated Financial Results First Three Quarters of the Fiscal Year Ending March 31, 2018 (April 1, 2017 - December 31, 2017) February 9, 2018 DAIFUKU CO., LTD. Value Innovation 2020 a —tle DAIFUKU Always an Edge Ahead
Slide 2: Fiscal 2017 First 3Qs Highlights
Fiscal 2017 First 3Qs Highlights (April 1, 2017 – December 31, 2017) 1 9 New record highs achieved for orders, sales, and operating income during the first three quarters of the fiscal year. 9 Orders: Capital investment in the semiconductor and flat-panel displays in East Asia, as well as in the wor
Slide 3: FY2017 First 3Qs Results (Consolidated)
FY2017 First 3Qs Results (Consolidated) 2 (Billion yen) FY2016 First 3Qs FY2017 First 3Qs Year-on-year Orders 247.06 387.54 56.9％ Net Sales 224.32 292.16 30.2％ Operating income 16.30 27.97 71.6％ Ordinary income 16.60 29.01 74.8％ Net income attributable to shareholders of the parent company 12.20 20.
Slide 4: FY2017 First 3Qs Results by Segment
FY2017 First 3Qs Results by Segment 3 (Billion yen) Segment income Orders Net sales (Net income attributable to shareholders of the parent company) FY2016 First 3Qs FY2017 First 3Qs FY2016 First 3Qs FY2017 First 3Qs FY2016 First 3Qs FY2017 First 3Qs Daifuku 124.16 174.19 101.75 132.89 7.23 15.41 Con
Slide 5: Consolidated Balance Sheets
Consolidated Balance Sheets 4 (Billion yen) FY2017 FY2017 FY2016 Change FY2016 Change First 3Qs First 3Qs Current assets 222.46 277.50 55.04 Current liabilities 126.06 137.11 11.05 Cash on hand and Notes and in banks 64.80 78.98 14.18 accounts payable 59.11 67.63 8.51 Short-term Notes and accounts 1
Slide 6: Orders and Sales by Industry (Consolidated)
Orders and Sales by Industry (Consolidated) 5 (Billion yen) Orders Sales FY2016 First 3Qs FY2017 First 3Qs FY2016 First 3Qs FY2017 First 3Qs Industry Orders Composition Orders Composition Sales Composition Sales Composition Automobile, auto parts 37.83 15.3% 51.63 13.3% 41.26 18.4% 51.95 17.8% Elect
Slide 7: Orders by Region (Consolidated)
Orders by Region (Consolidated) 6 (Billion yen) 71% 65% 67% 63% 11.6 6.4 Other 15.8 Europe 8.4 168.5 4.6 Asia 5.4 90.9 5.8 North America 11.6 84.9 Japan 62.6 89.4 Ratio to net orders 75.6 55.5 57.6 93.5 92.2 111.5 74.8 Outside FY2014 First 3Qs FY2015 First 3Qs FY2016 First 3Qs FY2017 First 3Qs Japan
Slide 8: Orders by Region (Consolidated)
Orders by Region (Consolidated) 7 (Billion yen) FY2014 First 3Qs FY2015 First 3Qs FY2016 First 3Qs FY2017 First 3Qs Region Orders Composition Orders Composition Orders Composition Orders Composition Japan 74.88 35.3% 93.54 33.3% 92.29 37.4% 111.51 28.8% North America 57.67 27.1% 75.62 27.0% 55.56 22
Slide 9: Sales by Region (Consolidated)
Sales by Region (Consolidated) 8 (Billion yen) 65% 67% 65% 67% 13.2 7.1 Other 13.9 13.4 Europe 4.3 107.1 Asia 7.9 6.1 12.0 76.1 70.9 North America 51.6 Japan 69.3 Ratio to net sales 60.8 54.5 53.5 77.3 79.2 95.1 64.7 Outside FY2014 First 3Qs FY2015 First 3Qs FY2016 First 3Qs FY2017 First 3Qs Japan T
Slide 10: Sales by Region (Consolidated)
Sales by Region (Consolidated) 9 (Billion yen) FY2014 First 3Qs FY2015 First 3Qs FY2016 First 3Qs FY2017 First 3Qs Region Sales Composition Sales Composition Sales Composition Sales Composition Japan 64.73 34.7% 77.38 32.8% 79.23 35.3% 95.16 32.6% North America 53.58 28.8% 60.82 25.7% 54.55 24.3% 69
Slide 11: Service Sales (Consolidated)
Service Sales (Consolidated) 10 (Billion yen) 30% 28% 29% 24% Service sales Ratio to net sales 67.0 70.8 64.3 56.4 Note: Sales in the service business include maintenance, retrofitting, and remodeling work for products and systems Daifuku delivered. FY2014 First 3Qs FY2015 First 3Qs FY2016 First 3Qs
Slide 12: FY2017 Forecast (Consolidated)
FY2017 Forecast (Consolidated) 11 (Billion yen) FY2017（Forecast） FY2016 Announced on May Announced on Announced on Revised on Year-on- 11, 2017 August 8, 2017 November 10, 2017 February 9, 2018 year Orders 356.5 390.0 440.0 490.0 490.0 37.4% Net sales 320.8 380.0 395.0 410.0 410.0 27.8% Operating 23
Slide 13: FY2017 Dividend
FY2017 Dividend 12 Annual dividend forecast to be 65 yen, a new record high Daifuku has decided to pay a year-end dividend of 40 yen per share, an increase of 3 yen from the forecast announced on November 10, 2017, based on the FY2017 earnings forecast and a dividend policy that targets a consolidat
Slide 14: Quarterly Orders and Sales
Quarterly Orders and Sales 13 (Billion yen) Orders 148.5 Sales 118.1 120.8 112.4 109.4 117.8 99.8 103.1 93.2 93.2 83.5 83.2 108.0 102.4 76.0 96.5 99.0 69.9 74.0 66.3 84.2 85.0 80.9 74.8 78.8 77.0 73.2 65.3 62.3 68.5 60.6 58.5 Note: Note: Including large orders from Orders include a backlog of automa
Slide 15: Order Backlogs
Order Backlogs 14 (Billion yen) 326.8 314.0 311.4 294.9 231.4 225.4 216.7 218.5 197.2 195.7 172.5 182.4 192.3 156.3 160.2 145.6 Note: Orders include a backlog of about 10.0 billion yen for orders received by BCS Group. Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2014 FY2015 FY2016 FY2017
Slide 16: Topics: Capital Investment of 22.3 Billion Yen
Topics 15 Capital investment of 22.3 billion yen with the issuing of new shares and the disposal of treasury stock (December 2017) Amount Details Purpose (billion Completed 4) yen) 3% 1) Construction of a new office ・Measures for aging ・Strengthening of design September 1) Headquarters building and
Slide 17: Topics: Capital Policy
Topics 16 Capital Policy Background: Daifuku had more interest-bearing debt than cash and deposits on a non-consolidated basis. Æ Selected capital increase rather than borrowing. Policy: Mobilized financing and investment according to the balance sheet of each Group company Improve the corporate cre
Slide 18: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements The strategies, beliefs and plans related to future business performance as described in this document are not established facts. They are business prospects based on the assumptions and beliefs of the management team judging from the m