Nippon Express Holdings, Inc. · TSE:9147
Nippon Express — FY2021 Earnings Presentation
74 slides from Nippon Express's earnings presentation, Feb 14, 2022
Slide 1: Financial Results Presentation for Fiscal Year Ended December 2021
Financial Results Presentation for Fiscal Year Ended December 2021 February 14, 2022 NIPPON EXPRESS HOLDINGS, INC. Investor Relations Promotion Group Corporate Planning Division
Slide 2: Contents
Contents I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) III. Challenges of the Business Plan (Results) Change in Fiscal Year End (Pro Forma) P.3 A. NX Group Business Plan 2023 KPIs of Growth Strategy for Core Businesses P.35 A. Financial Results for FYE December 2021 P.4- B. Sa
Slide 3: I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma)
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) 2 Financial Results Presentation for Fiscal Year Ended December 2021 Copyright © 2022 NIPPON EXPRESS HOLDINGS,INC., All rights reserved.
Slide 4: Change in Fiscal Year End
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) Change in Fiscal Year End As a result of the change in fiscal year-end, we will disclose our consolidated statements of income on a financial reporting basis (summary) and on a supplementary converted 12-month basis (*estimated). *
Slide 5: Financial Results for January-December, FYE December 2021
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) A Financial Results for January-December, FYE December 2021 (100 million yen, %) (rounded down to 100 million yen) Overview (Consolidated, Key Consolidated Business Indicators) Previous Current-Year Prior-Year Forecast Difference I
Slide 6: Financial Results for April-December, FYE December 2021
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) A Financial Results for April-December, FYE December 2021 (100 million yen, %) (rounded down to 100 million yen) Overview (Consolidated) Apr-Dec 2021 Current-Year Forecast Difference Item Prior-Year Results Difference Difference Re
Slide 7: Financial Results for October-December, FYE December 2021
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) B Financial Results for October-December, FYE December 2021 (100 million yen, %) (rounded down to 100 million yen) Overview (Consolidated) Item Current-Year Results Prior-Year Results Difference YoY Difference YoY (Oct-Dec 2021) (O
Slide 8: Japan and Overseas Results
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) C Japan and Overseas Results (not including adjustments) (100 million yen, %) (rounded down to 100 million yen) Segment Item Current-Year Results Prior-Year Results Difference YoY Difference YoY (Jan-Dec 2021) (Jan-Dec 2020) (%) Re
Slide 9: Results by Reportable Segment (Jan-Dec)
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) D Results by Reportable Segment (Jan-Dec) (100 million yen, %) (rounded down to 100 million yen) Current-Year Results Prior-Year Results Difference YoY Segment Item Difference YoY (Jan-Dec 2021) (Jan-Dec 2020) (%) Revenues 13,382 1
Slide 10: Results by Reportable Segment (Apr-Dec)
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) D Results by Reportable Segment (Apr-Dec) (100 million yen, %) (rounded down to 100 million yen) Current-Year Apr-Dec 2021 Prior-Year Results Difference YoY Segment Item Results Difference YoY Forecast Difference (Apr-Dec 2020) (%)
Slide 11: Results by Reportable Segment (Oct-Dec)
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) D Results by Reportable Segment (Oct-Dec) (100 million yen, %) (rounded down to 100 million yen) Current-Year Results Prior-Year Results Difference YoY Segment Item Difference YoY (Oct-Dec 2021) (Oct-Dec 2020) (%) Revenues 3,576 3,
Slide 12: Comparison by Segment (Results vs. Forecast)
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) E Comparison by Segment (Results vs. Forecast) (100 million yen, %) (rounded down to 100 million yen) 2H Results (Jul-Dec) Full-Year Results (Jan- Dec) 1H Results FYE Dec Segment Item FYE Dec FYE Dec (Jan-Jun) FY2020 FY2020 2021 20
Slide 13: Reference: Performance by Segment (Jul-Sep vs. Oct-Dec 2021)
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) *Reference (Quarterly Results) F Reference: Performance by Segment (Jul-Sep 2021 vs. Oct-Dec 2021) (100 million yen, %) (rounded down to 100 million yen) Current-Year Results Current-Year Results Difference Difference Segment Item
Slide 14: Breakdown of Revenues
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) G Breakdown of Revenues and Operating Income *Japan and overseas total for January through December compared to the same period in the previous year 1) Revenues ★ Revenue increase from (100 million yen) Jan-Dec 2020 Jan-Dec 2021 bu
Slide 15: Breakdown of Operating Income
I. Financial Results for Fiscal Year Ended December 2021 (Pro Forma) G Breakdown of Revenues and Operating Income *Japan and overseas total for January through December compared to the same period in the previous year 2) Operating income 1,100 Detailed COVID-19 Impact Environment 300 Jan-Dec 2020 Ja
Slide 16: Air Export Freight Forwarding Gross Profit and Margin by Quarter
Reference Air Export Freight Forwarding Business Gross Profit and Gross Profit Margin by Quarter *Air export freight forwarding gross profit: Net sales minus air usage fees Gross profit margin: Ratio of gross profit from air export freight forwarding to net sales from air export freight forwarding (
Slide 17: Segment Overview: Japan Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 1. Japan Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 3,576 3,217 358 11.1 Demand in the air export freight forwarding business recovered du
Slide 18: Segment Overview: The Americas Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 2. The Americas Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 314 221 92 42.1 As in the previous fiscal year, the air transportation business
Slide 19: Segment Overview: Europe Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 3. Europe Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 535 348 186 53.3 Amid shortages of air cargo transportation space, the transition fro
Slide 20: Segment Overview: East Asia Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 4. East Asia Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 776 552 223 40.6 Cargo movement rose for automobile-related products, electric/ele
Slide 21: Segment Overview: South Asia & Oceania Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 5. South Asia & Oceania Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 653 360 292 81.0 The easing of previous restrictions on movement in con
Slide 22: Segment Overview: Security Transportation Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 6. Security Transportation Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 171 174 (3) (2.1) Despite the acquisition of new business center ope
Slide 23: Segment Overview: Heavy Haulage & Construction Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 7. Heavy Haulage & Construction Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 119 112 6 6.1 Wind power-related business continued to perform
Slide 24: Segment Overview: Logistics Support Segment
I. -H Segment Overview for Fiscal Year Ended December 2021 8. Logistics Support Segment (100 million yen, %) FYE Dec 2021 Vs. FY2020 Item October-December Highlights Oct-Dec Results FY2020 Difference Difference (%) 1 Revenues 1,043 1,138 (95) (8.4) The petroleum business recorded a significant incre
Slide 25: II. Financial Results Forecasts for Fiscal Year Ending December 2022
II. Nippon Express Holdings Financial Results Forecasts for Fiscal Year Ending December 2022 24 Financial Results Presentation for Fiscal Year Ended December 2021 Copyright © 2022 NIPPON EXPRESS HOLDINGS,INC., All rights reserved.
Slide 26: Forecast for Fiscal Year Ending December 2022
II. Financial Results Forecast for Fiscal Year Ending December 2022 A Forecast for Fiscal Year Ending December 2022 (100 million yen, %) (rounded down to 100 million yen) Prior-Year Results Item Full-Year Forecast Difference YoY (Jan-Dec 2021) Difference YoY (Jan-Dec 2022) (%) * Pro Forma Revenues 2
Slide 27: Japan and Overseas Results Forecast
II. Financial Results Forecast for Fiscal Year Ending December 2022 B Japan and Overseas Results Forecast (not including adjustments) (100 million yen, %) (rounded down to 100 million yen) Current-Year Prior-Year Results Difference YoY Segment Item Results Difference YoY (Jan-Dec 2021) (%) (Jan-Dec
Slide 28: Forecasts by Reportable Segment
II. Financial Results Forecast for Fiscal Year Ending December 2022 C Forecasts by Reportable Segment (Jan-Dec) (100 million yen, %) (rounded down to 100 million yen) Prior-Year Results Full-Year Forecast Difference YoY Segment Item (Jan-Dec 2021) Difference YoY (Jan-Dec 2022) (%) * Pro Forma Revenu
Slide 29: Breakdown of Revenues (Forecast)
II. Financial Results Forecast for Fiscal Year Ending December 2022 D Breakdown of Revenues and Operating Income 1) Revenues ★ Revenue (100 million yen) Revenue increase from decrease due to business 24,000 COVID-19 activities ⇩0 ⇧308 ★Breakdown of revenue from ⇧217 23,500 business activities by seg
Slide 30: Breakdown of Operating Income (Forecast)
II. Financial Results Forecast for Fiscal Year Ending December 2022 ⇩84 *Japan and overseas total for January through December D Breakdown of Revenues and Operating Income compared to the same period in the previous year 2) Operating income (100 million yen) Rebound Impact of 1,100 ★Japanese increas
Slide 31: Segment Overview FY2022: Japan Segment
II. -E Segment Overview for Fiscal Year Ending December 2022 (Converted 12-Month Basis) 1 Japan Segment (100 million yen, %) Full-Year Forecast * Figures in brackets indicate operating income margin [%] Vs. FYE Dec 2021 Overview Item FY2022 FYE Dec Difference Difference Transportation demand in the
Slide 32: Segment Overview FY2022: Europe and East Asia
II. -E Segment Overview for Fiscal Year Ending December 2022 (Converted 12-Month Basis) 3 Europe Segment (100 million yen, %) Full-Year Forecast * Figures in brackets indicate operating income margin [%] Vs. FYE Dec 2021 Overview Item FY2022 FYE Dec Difference Difference Volume for automobile- and p
Slide 33: Segment Overview FY2022: South Asia & Oceania, Security Transportation
II. -E Segment Overview for Fiscal Year Ending December 2022 (Converted 12-Month Basis) 5 South Asia & Oceania Segment (100 million yen, %) Full-Year Forecast * Figures in brackets indicate operating income margin [%] Vs. FYE Dec 2021 Overview Item FY2022 FYE Dec Difference Difference We expect a re
Slide 34: Segment Overview FY2022: Heavy Haulage & Construction, Logistics Support
II. -E Segment Overview for Fiscal Year Ending December 2022 (Converted 12-Month Basis) 7 Heavy Haulage & Construction Segment (100 million yen, %) Full-Year Forecast * Figures in brackets indicate operating income margin [%] Vs. FYE Dec 2021 Overview Item FY2022 FYE Dec Difference Difference We exp
Slide 35: III. Challenges of the Business Plan (Results)
III. Challenges of the Business Plan (Results) 34 Financial Results Presentation for Fiscal Year Ended December 2021 Copyright © 2022 NIPPON EXPRESS HOLDINGS,INC., All rights reserved.
Slide 36: NX Group Business Plan 2023 KPIs of Growth Strategy for Core Businesses
III. Challenges of the Business Plan (Results) A NX Group Business Plan 2023 KPIs of Growth Strategy for Core Businesses Japan*1 Overseas Item 2021 2020 2021 2021 2020 2021 Revenues Difference Vs. Forecast Difference Vs. Forecast Jan-Dec Jan-Dec Jan-Dec Jan-Dec Jan-Dec Jan-Dec (%) (%) (%) (%) Result
Slide 37: Sales by Business: FYE December 2021
III. Challenges of the Business Plan (Results) Domestic Business • The first quarter saw a positive rebound from increase for FY2020. However, in the second quarter onward, transportation volume did not grow, mainly due to semiconductor shortages B Sales by Business: FYE December 2021 (Apr-Dec, Cumu
Slide 38: Strategy to Enhance Domestic Businesses in Japan
III. Challenges of the Business Plan (Results) III. Deepen Integration of Land, Sea, and Air ◆ Pursue cross-mode sales B Strategy to Enhance Domestic Businesses in Japan • Pursuing top-line growth by expanding transactions with existing customers through delving deeper into sales across land, sea, a
Slide 39: Progress in Back Office Cost Reductions
III. Challenges of the Business Plan (Results) C Progress in FYE December 2021 Back Office Cost Reductions (as of December 31, 2021) Reinforcing Human Resource Salary/Wage System Evaluation System workplace System capabilities • Employee categories • Equal labor, equal pay • Evaluate roles • CSR, as
Slide 40: Progress in Back Office Cost Reductions (Details)
III. Challenges of the Business Plan (Results) C Progress in FYE December 2021 Back Office Cost Reductions (as of December 31, 2021) FYE December Enhancing FY2019 FY2020 FYE December FY2023 2021 Results FY2022 Target FY2022 Japanese Domestic Item Results Results 2021 Targets (Apr-Dec) [YoY] Cumulati
Slide 41: Pursuing RPA
III. Challenges of the Business Plan (Results) C Pursuing RPA Why Adopt RPA? To create more time for more value-added tasks, such as creative planning and sales activities. ⇒ Improve productivity and quality, reduce costs, and foster the potential of creating new businesses. FY2023 Target: Create 2
Slide 42: ESG Management Target
III. Challenges of the Business Plan (Results) C ESG Management Target FYE December FY2023 FY2017 FY2019 FY2020 2021 Apr-Nov (New Target) 255,705 t 350,000 t 468,069 t 414,884 t 401,580 t (vs. 3,684t in PY) (118,069 t) *Upward revision in FYE Indicator (53,185 t) (66,489t) *preliminary figures Decem
Slide 43: IV. NX Group Business Plan 2023 Revisions
IV. NX Group Business Plan 2023 Revisions 42 Financial Results Presentation for Fiscal Year Ended December 2021 Copyright © 2022 NIPPON EXPRESS HOLDINGS,INC., All rights reserved.
Slide 44: Business Plan Progress to Date
IV. NX Group Business Plan 2023 Revisions Business Plan Progress to Date Major Initiatives Implemented Between FY2019 and FYE Dec 2021 NX Group Business Plan 2023 Overview Growth Strategy for Core Businesses Strategy to Enhance Domestic Businesses in Japan Customer-Oriented Approach Improve the Prof
Slide 45: Business Plan Progress KPIs
IV. NX Group Business Plan 2023 Revisions Business Plan Progress KPIs *1: Pro forma basis *2: Financial results for April to December 2021 FY2018 FYE December 2021 Interim Target FYE December 2021 Results Revenues ¥2,138.5 billion ¥2,250.0 billion ¥2,337.1 billion *1 Operating income ¥79.5 billion ¥
Slide 46: Revised KPIs and FY2023 Targets
IV. NX Group Business Plan 2023 Revisions KPIs FY2023 Targets (Initial) FY2023 Targets (Revised) Revenues ¥2,400.0 billion ¥2,400.0 billion Operating income ¥100.0 billion ¥110.0 billion [+¥10.0 billion] Operating income margin 4.2% 4.6% [+0.4%] Net income ¥63.0 billion ¥72.0 billion [+¥9.0 billion]
Slide 47: 2037 Long-Term Vision and Direction for Plan Review
IV. NX Group Business Plan 2023 Revisions A logistics company with a strong presence in the global market. Direction Forward for Business Plan Review No major changes will be made to the plan; we will continue to work toward achieving our long-term vision. FY2022 - FY2023 Numerical Targets Revenues,
Slide 48: Growth Strategy for Core Businesses KPIs
IV. NX Group Business Plan 2023 Revisions Growth Strategy for Core Businesses KPIs Customer-Focused Approach (KPIs) Growth Strategy of Core FYE December 2021 Results FY2023 Target FY2023 Targets (Revised) Indicator Businesses Japan Overseas Japan Overseas Japan Overseas Electric and Electronics Indu
Slide 49: Strategy to Enhance Domestic Businesses in Japan
IV. NX Group Business Plan 2023 Revisions Strategy to Enhance Domestic Businesses in Japan Business Plan Post-Revision Strengthen Businesses by Spinning off the Security Transportation Business Spin off business to shift from traditional cash transportation business to a cash logistics business. Res
Slide 50: Efforts to Implement Long-Term Vision: IT and Innovation
IV. NX Group Business Plan 2023 Revisions Efforts to Implement Our Long-Term Vision Reinforce Functions to Support Challenges Business Plan Post-Revision IT Strategy Innovation Innovation Through Digital Transformation (DX) Improve value provided to customers Business Transformation and Innovation T
Slide 51: ESG Management for Sustainable Growth
IV. NX Group Business Plan 2023 Revisions Efforts to Implement Our Long-Term Vision ESG Management for Sustainable Growth and Corporate Value Enhancement Business Plan Post-Revision Commit to Reduce CO2 Emissions Become a Company that Makes as a Logistics Company • Switch to LED lighting for facilit
Slide 52: ESG Management: Governance
IV. NX Group Business Plan 2023 Revisions Efforts to Implement Our Long-Term Vision ESG Management for Sustainable Growth and Corporate Value Enhancement Additional Measures for New Topics to be Addressed G Governance Strengthening Global Group Governance Through Our Holding Company Transition to a
Slide 53: Capital Policies KPIs
IV. NX Group Business Plan 2023 Revisions Efforts to Implement Our Long-Term Vision ESG Management for Sustainable Growth and Corporate Value Enhancement KPIs Business Plan Post-Revision G Capital Policies 5-Year Cumulative through 2023 5-Year Cumulative through 2023 (Initial) (Revised) Operating CF
Slide 54: Return to Shareholders
V. Return to Shareholders • ROE: 10% A Capital Policies • Dividend payout ratio 30% or more • Total return ratio: Over 50% (cumulative total 2019-2023) • Equity ratio: Target 35% B Key Indicators (100 million yen) Total dividend Treasury share acquisition Dividend payout ratio Total return ratio 400
Slide 55: Supplemental Documents
Supplemental Documents 1 The information presented in this document provides data trends for each category. However, the data used is pre-close data and may differ from figures presented in our financial reports. Please be aware that this document has been produced to provide a better understanding
Slide 56: Appendix 1-1: FYE December 2021 Jan-Dec Results
Appendix 1-1: FYE December 2021 Jan-Dec Results Changes Due to External Environmental and Other Factors Impact on consolidated results Variable factors Reference (12-month results) ¥(3.59) billion Unit price per ℓ [Prior period 9-month average] Impact of change in (cost increase) ⚫ Light oil : ¥105.
Slide 57: Appendix 1-1: FYE December 2021 Jan-Dec Results
Appendix 1-1: FYE December 2021 Jan-Dec Results Changes Due to External Environmental and Other Factors Impact on consolidated results Variable factors Reference (12-month results) Change due to employee system Operating income: ⚫ Japan : ¥(1.40) billion reform ⚫ Security Transportation : ¥(0.06) bi
Slide 58: Appendix 1-1: FYE December 2021 Jan-Dec Results
Appendix 1-1: FYE December 2021 Jan-Dec Results Changes Due to External Environmental and Other Factors Impact on consolidated results Variable factors Reference (12-month results) Revenues Impact of revenue ⚫ Japan Revenues : ¥(2.82) billion recognition standard to decrease sales ¥(59.61) billion ⚫
Slide 59: Appendix 1-1: FYE December 2021 Jan-Dec Results
Appendix 1-1: FYE December 2021 Jan-Dec Results Changes Due to External Environmental and Other Factors Impact on consolidated results Variable factors Reference (12-month results) ⚫ Japan Revenues : +¥48.76 billion Operating income : +¥19.37 billion ⚫ The Americas Revenues : +¥6.20 billion Operatin
Slide 60: Appendix 1-2: Priority Industries (Japan)
Appendix 1-2: Priority Industry Initiatives Volume in Priority Industries (YoY Sales) (100 million yen, %) Priority Industries (Japan) Priority Industries, Total Electric and Electronics Automotive 800 706 200 400 25 300 90 623 629 618 603 600 501 499 300 464 15 200 60 400 200 5 100 30 200 100 0 0 0
Slide 61: Appendix 1-2: Priority Industries (Overseas)
Appendix 1-2: Priority Industry Initiatives Volume in Priority Industries (YoY Sales) (100 million yen, %) Priority Industries (Overseas) Priority Industries, Total Electric and Electronics Automotive 1600 1396 80 700 80 400 90 1400 600 1200 995 60 60 300 971 500 1000 901 874 60 400 800 658 40 40 20
Slide 62: Appendix 1-3: Export Air Freight Weight Originating from Japan
Appendix 1-3: Export Air Freight Weight Originating from Japan Export Air Freight Weight Originating from Japan Nippon Express Export Weight Nippon Express Share 30.0% （Unit：t） FY Total: 204,507 tons FY Total: 222,247 tons Total: 214,889 tons 26.6% 25.6% 28.0% 100,000 25.4% 24.2% 24.1% 22.8% 22.6% 2
Slide 63: Appendix 1-4: Export Freight (Air Freight Forwarding)
Appendix 1-4: Export Freight (Air Freight Forwarding) 2019 2020 2021 (Unit： t /chargeable) t /チャージャ Originating Region ブル） Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Total Japan 75,277 67,156 60,847 65,084 268,363 58,841 45,579
Slide 64: Appendix 1-4: Export Freight (Ocean Transportation)
Appendix 1-4: Export Freight (Ocean Transportation) （Unit：TEU） 2019 2020 2021 Originating Region Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Japan 53,755 60,126 63,141 64,458 241,480 57,648 52,572 53,813 66,291 230,324
Slide 65: Appendix 1-5: Revenues, Apr-Dec Results
Appendix 1-5: FYE December 2021 Apr-Dec Results A. Revenues (Unit: Millions of yen,%) Change Apr-Dec 2021 % of Apr-Dec 2020 % of Amount Ratio Sales Sales Railway utilization business 51,210 5.5 53,381 6.5 (2,170) (4.1) Small-lot shipment business 30,925 3.3 31,502 3.8 (576) (1.8) Automotive Chartere
Slide 66: Appendix 1-5: Operating Expenses and Profits
Appendix 1-5: FYE December 2021 Apr-Dec Results B. Operating expenses (Unit: Millions of yen,%) Change Apr-Dec 2021 % of Apr-Dec 2020 % of Sales Sales Amount Ratio Total personnel expenses 194,012 20.7 191,317 23.4 2,694 1.4 Forwarding costs Railway 27,727 3.0 28,899 3.5 (1,171) (4.1) Operating expe
Slide 67: Appendix 1-6: Non-Consolidated Profit Factors
Appendix 1-6: Non-Consolidated Profit Factors (Apr-Dec FYE Dec 2021 Results) Revenue Increase in (100 million yen) (rounded down to 100 million yen) increase forwarding costs *Increase and decrease in the graph is on an income basis +1,215 (824) Increase in vehicle Increase in chartering and personn
Slide 68: Appendix 1-7: Non-Consolidated Total Personnel Expenses
Appendix 1-7: Non-Consolidated Profit Factors (Apr-Dec FYE Dec 2021 Non-Consolidated Total Personnel Expenses) *Presented on an expense basis (100 million yen) (100 million yen) Special 2,000 allowance payments ⇩ 12 Employment Other system reform (including provision ⇧6 for bonuses) ⇧32 1,913 1,94 3
Slide 69: Appendix 1-8: FY2022 Forecasts, External Factors
Appendix 1-8: Fiscal Year Ending December 2022 Jan-Dec Forecasts Changes Due to External Environmental and Other Factors (Forecast) Impact on consolidated results Variable factors Reference (12-month forecast) ¥(2.06) billion Unit price per ℓ [Prior period 12-month average] Impact of change in (cost
Slide 70: Appendix 1-8: FY2022 Forecasts, External Factors
Appendix 1-8: Fiscal Year Ending December 2022 Jan-Dec Forecasts Changes Due to External Environmental and Other Factors (Forecast) Impact on consolidated results Variable factors Reference (12-month forecast) Change due to employee Operating income: ⚫ Japan : ¥(0.77) billion system reform ⚫ Securit
Slide 71: Appendix 1-8: FY2022 Forecasts, External Factors
Appendix 1-8: Fiscal Year Ending December 2022 Jan-Dec Forecasts Changes Due to External Environmental and Other Factors (Forecast) Impact on consolidated results Variable factors Reference (12-month forecast) ⚫ Japan Revenues : ¥(2.02) billio Revenues: Operating Income : ¥(1.62) billion ⚫ Security
Slide 72: Appendix 1-9: FY2022 Forecasts, Revenues
Appendix 1-9: Nippon Express Fiscal Year Ending December 2022 Jan-Dec Forecasts A. Revenues (Unit: Millions of yen,%) Change Jan-Dec 2022 % of Jan-Dec 2021 % of Amount Ratio Sales Sales Railway utilization business 67,500 5.4 68,828 5.5 (1,328) (1.9) Automotive Small-lot shipment business 41,000 3.3
Slide 73: Appendix 1-9: FY2022 Forecasts, Operating Expenses
Appendix 1-9: Nippon Express Fiscal Year Ending December 2022 Jan-Dec Forecasts B. Operating expenses (Unit: Millions of yen,%) Change Jan-Dec 2022 Jan-Dec 2021 % of % of Sales Sales Amount Ratio Total personnel expenses 259,100 20.6 260,680 21.0 (1,580) (0.6) Railway forwarding costs 36,700 2.9 37,
Slide 74: Disclaimer
No information contained in this document is intended to solicit purchase or sale of the Company’s shares. Views, forecasts, and other forward-looking statements contained in this document are based on the Company’s assumptions, judgments and beliefs in light of the information currently available t
Nippon Express Holdings — FY2021 Earnings Presentation on 6ix