Yuasa Co. Ltd. · TSE:8074
Yuasa — Yuasa Trading — FY2022 Earnings Presentation
27 slides from Yuasa's earnings presentation, May 30, 2022
Slide 1: Financial results briefing for the Fiscal Year Ending March 2022
Financial results briefing for the Fiscal Year Ending March 2022 May 30, 2022 Hiroyuki Tamura, President and CEO All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2022
Slide 2: History of YUASA
Introduction Service Integrated Shosha Group History of YUASA Year History Founded in Kyoto by Shokuro Yuasa as a 1666 charcoal shop Closed the charcoal shop and opened a knives 1671 wholesale store 1674 Opened an outlet in Edo (Tokyo) 1816 Opened an outlet in Osaka 1910 Established a base in China（
Slide 3: Our business model
Introduction Service Integrated Shosha Group Our business model Suppliers Customers End Users About 6,000 About 20,000 companies Production Field companies Machine tool dealers / Dealers Okuma Manufacturing DMG Mori Seiki industry FANUC Overseas OKK Exporters subsidiaries KITO Tungaloy Daikin Indust
Slide 4: Table of Contents
Table of Contents Service Integrated Shosha Group Summary of the Financial Results 1 for the Fiscal Year Ended March 31, 2022 2 Earnings Forecast for the Fiscal Year Ended March 31, 2023 Progress on the Medium-Term Management Plan 3 “Growing Together 2023” 4 Promotion of Sustainability 5 Shareholder
Slide 5: Summary of the Financial Results for the Fiscal Year Ended March 31, 2022
Service Integrated Shosha Group Summary of the Financial Results 1 for the Fiscal Year Ended March 31, 2022 All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2022 4
Slide 6: Consolidated Income Statement
Consolidated Income Statement Service Integrated Shosha Group In billions of yen (rounded down) Full-year forecast Comparison FY2021/3 FY2022/3 Change (Disclosed figures) with plan Net sales [After the application of 432.1 480.1 +11.1% 492.0 △2.4％ the new revenue [462.7] [471.0] [△1.8%] recognition
Slide 7: Sales by Segment
Sales by Segment Service Integrated Shosha Group Industrial Equipment & Tools Machine Tools Housing, Air & Fluidic Control Systems Building Supplies & Exterior Segment Growth Main factors of change Construction Machines Energy Other Industrial Equipment & Factory operating rates remain strong in the
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet Service Integrated Shosha Group Unit: billion yen (smaller amounts are rounded down) <Main factors behind increase/decrease> ■Current assets Accounts receivable +13.6 Current +31.8 Cash and deposits +11.1 Current liabilities Liabilities liabilities 166.8 Liabilities 158.9
Slide 9: Consolidated cash flows
Consolidated cash flows Service Integrated Shosha Group In billions of yen (rounded down) FY03/21 FY03/22 Item Main factors Full-year results Full-year results Profit before income taxes: +12.6 Income from increase in trade receivables: △17.5 Net cash provided by (△used in) operating activities 5.9
Slide 10: Earnings Forecast for the Fiscal Year Ended March 31, 2023
Service Integrated Shosha Group Earnings Forecast for the Fiscal Year 2 Ended March 31, 2023 All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2022 9
Slide 11: FY03/23 Forecast
FY03/23 Forecast Service Integrated Shosha Group In billions of yen (rounded down) FY03/23 First Half FY03/23 Second Half FY03/23 Full Year Prev. Prev. Prev. term Forecast Change term Forecast Change term Forecast Change results results results Net sales [Before the application of 211.2 230.0 +8.9%
Slide 12: Promotion of the Medium-term Management Plan Growing Together 2023 Progress
Service Integrated Shosha Group Promotion of the Medium-term Management Plan 3 “Growing Together 2023” Progress All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2022 11
Slide 13: YUASA Vision and Numeric Targets for Growing Together 23
YUASA Vision 360 and Numeric Targets for Growing Together 2023 Service Integrated Shosha Group We will aim for growth as Service Integrated Shosha Group with its profit structure top-ranked in the industry. ■Net Sales and Ordinary Income (in billions of yen) *Before the application of the new revenu
Slide 14: Positioning of Core Businesses and Growth Strategy
Positioning of Core Businesses and Growth Strategy Service Integrated Shosha Group Growth strategy is the driver of growth in all segments Positioning of Core Businesses In billions of yen Net sales by growth strategy (rounded down) and Growth Strategy FY2021/ FY2022 Growth strategy 3 results 3 resu
Slide 15: Investment and Equity Policy
Investment and Equity Policy Service Integrated Shosha Group By investing the profits we generate through our business activities in growth areas, while maintaining our financial soundness, we aim to increase the dividend paid per share and improve the value for our shareholders. [Growing Together 2
Slide 16: Investment budget aimed at growth
Investment budget aimed at growth Service Integrated Shosha Group Remaining Investment Investment investment Growth strategy budget results Description of investment (including planned) budget (3 years) (2 years) (1 year) Enhancement of site in Thailand, holding the Grand Fair in Thailand, Overseas
Slide 17: TSUNAGU (Connect) Solution Cases (1)
TSUNAGU (Connect) Solution Cases (1) Service Integrated Shosha Group Product/Project Outline Social issue that can be resolved Development of original printing machine for reusable shipping cartons, Rewritable laser system Labor-saving, reduces label waste using a laser printing machine + Sier Side
Slide 18: TSUNAGU (Connect) Solution Cases (2)
TSUNAGU (Connect) Solution Cases (2) Service Integrated Shosha Group Product/Project Outline Social issue that can be resolved Sanitation robot Sprayer-equipped transport robot “Thouzer” developed in cooperation Measure against COVID-19 infection “ElepHunter” with Doog All kinds of manufacturing sit
Slide 19: Grand Fair 2022
Grand Fair 2022 Service Integrated Shosha Group We aim to realize a sustainable society at proposal not only for leading edge products and solutions toward solving various societal issues, but also the future business that utilizes AI (digitalization) All Rights Reserved. Copyright YUASA TRADING CO.
Slide 20: Growing Together 2023 Quantitative Plan and KPIs
Growing Together 2023 Quantitative Plan and KPIs Service Integrated Shosha Group In billions of yen (rounded down) Financial KPIs FY2021/3 Results FY2022/3 Results FY2023/3 Forecast Net sales 432.1 462.7 490.0 Operating income 8.9 11.8 13.5 Operating income ratio* 2.08% 2.55% 2.76% Ordinary income 1
Slide 21: Promotion of Sustainability
Service Integrated Shosha Group 4 Promotion of Sustainability All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2022 20
Slide 22: Initiatives promoting Sustainability
Initiatives promoting Sustainability Service Integrated Shosha Group Initiatives through business Initiatives within the Group Support carbon neutral for our customers with We will aim for the whole corporate group one-stop solutions. to be carbon neutral by FY2030. CO2 2,688t CO2 Emissions ●Simple
Slide 23: Promotion of Digital Transformation (DX)
Promotion of Digital Transformation (DX) Service Integrated Shosha Group IT digital investment quota Through DX, we aim to be a digital trading Apr. 2020 Apr. 2023 Apr. 2020 -Mar. 2023 -Mar. 2026 -Mar. 2026 company of Integrated Product Services 4.0 bn yen 8.0 bn yen 12.0 bn yen Promotion of busin
Slide 24: Strengthening of Corporate Governance
Strengthening of Corporate Governance Service Integrated Shosha Group As a company listed on the Prime market, we will strengthen our support to align with the corporate governance code Transition of corporate governance strengthening at YUASA FY2014/3 FY2016/3 FY2019/3 Appoint one Appoint two Intro
Slide 25: Shareholder Return Policy
Service Integrated Shosha Group 5 Shareholder Return Policy All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2022 24
Slide 26: Shareholder Return Policy
Shareholder Return Policy Service Integrated Shosha Group We aim for a consolidated shareholder return rate (dividend / acquisition of treasury stock) of 33% or higher. Dividends (FY2022/3) Dividend forecast (FY2023/3) Interim: 49 yen Interim: 60 yen Year-end : 74 yen Year end: 80 yen Total: 123
Slide 27: Forward-looking statements
Service Integrated Shosha Group Forecasts and forward-looking statements in this document are based on information available as of the date of this document’s release and on certain assumptions and expectations. Accordingly, actual results may differ materially due to various risks and uncertainties