Toyo Engineering Corporation · TSE:6330
Toyo Engineering — Q2 FY2014 Earnings Presentation
19 slides from Toyo Engineering's earnings presentation, Nov 13, 2013
Slide 1: Outline of Financial Results, Second Quarter FY March 2014
OUTLINE OF FINANCIAL RESULTS Second quarter of fiscal year ended March 2014 November 13, 2013 Toyo Engineering Corporation
Slide 2: Contents
Toyo Engineering Corporation © 2013 Contents マスター タイトルの書式設定 Outline of income statement New orders Performance summary 3 New orders 12 Income statement, Backlog of contracts 14 Comprehensive income 4 Net sales 5 Forecast 16 Gross profit 7 Operating, Ordinary & Net income 8 -Reference- Financial posi
Slide 3: Performance summary
Toyo Engineering Corporation © 2013 Performance マスター summary タイトルの書式設定 Billion yen Decreased in profit compared with the same period of the previous year due to worsening profitability of a chemical fertilizer project in Indonesia. Forecast 2012/9 2013/9 Difference 2014/3 Progress as of Nov 13, 20
Slide 4: Income statement, Comprehensive income
Toyo Engineering Corporation © 2013 Income マスター statement, Comprehensive income タイトルの書式設定 Billion yen 2012/9 2013/9 Forecast Difference 2014/3 Progress Billion yen % Billion yen % as of Nov 13, 2013 Net sales 108.3 100.0 110.9 100.0 +2.6 250.0 44% Cost of sales 95.8 88.5 104.2 94.0 (8.4) Gross profi
Slide 5: Net sales
Toyo Engineering Corporation © 2013 Net sales マスター タイトルの書式設定 Billion yen Compared with the same period of the previous year 228.7 2012/9 2013/9 Difference EPC 101.7 104.4 +2.7 +3% IT 5.5 5.5 +0.0 +0% Real estate 1.1 1.0 (0.1) -9% 157.8 Total 108.3 110.9 +2.6 +2% 2012/9 2013/9 Difference 108.3 110.9
Slide 6: Net sales breakdown by region and segment
Toyo Engineering Corporation © 2013 Net sales マスター タイトルの書式設定 Billion yen Breakdown by region Breakdown by segment details Others 10.5 Japan Chemical Others 20.4 17.2 fertilizers China 8.1 10% 15% Real estate 1.0 18% 26.0 7% 23% Central IT 5.6 1% and General South 2013/9 manufacturing 5% 2013/9 16% 1
Slide 7: Gross profit
Toyo Engineering Corporation © 2013 マスターGross profit タイトルの書式設定 Billion yen Gross profit rate 15.8% 11.5% 24.9 24.2 10.6% 6.0% 2012/3 2012/9 2013/3 2013/9 12.4 Compared with the same period of the previous year 2012/9 2013/9 Difference 6.6 12.4 6.6 (5.8) -47% Compared with forecast for 2014/3 Forecas
Slide 8: Operating, Ordinary & Net income
Toyo Engineering Corporation © 2013 Operating, マスターOrdinary & Net income タイトルの書式設定 Line chart : Profit rate (%), Bar chart : Amount (billion yen) Operating income Ordinary income Net income 3.4% 3.2% 1.4% 1.5% 1.8% 2.4% 0.7% 0.4% 0.6% -2.1% -4.0% -3.3% 5.3 5.1 4.0 3.7 1.5 1.5 1.6 1.4 0.4 2012/3 2012
Slide 9: Balance sheet
Toyo Engineering Corporation © 2013 Balance マスター sheet タイトルの書式設定 Billion yen Assets 2013/3 2013/9 Difference Liabilities and net assets 2013/3 2013/9 Difference Current assets 188.5 183.6 (4.9) Current liabilities 133.1 133.9 +0.8 Cash and deposits 52.3 56.1 +3.8 Short-term interest bearing debt 12.
Slide 10: Interest bearing debt balance
Toyo Engineering Corporation © 2013 Interest マスターbearing debt balance タイトルの書式設定 Billion yen 38.8 40.0 37.9 Consolidated 33.5 8.6 8.2 8.0 subsidiaries 3.9 (2.1) Non-consolidated 30.6 29.6 31.4 29.9 2012/3 2012/9 2013/3 2013/9 Interest bearing debt ratio Debt equity ratio (times) Net debt (billion yen
Slide 11: Cash flows
Toyo Engineering Corporation © 2013 マスター Cash flows タイトルの書式設定 Billion yen Cash flows 2011/4~2012/3 2012/4~9 2012/4~2013/3 2013/4~9 Operating activities 5.7 (15.4) (18.9) 9.9 Investing activities (2.4) (1.6) (1.5) (0.7) Financing activities 0.1 (6.1) (0.5) (3.0) Net increase/decrease in cash 3.1 (23.
Slide 12: New orders
Toyo Engineering Corporation © 2013 マスターNew orders タイトルの書式設定 Billion yen 2013/9 New orders : 170.6 billion yen Major contracts 290.4 Over 70 billion yen 269.1 37.4 Oil refinery, CANADA Japan 49.1 Over 20 billion yen Petrochemical, INDONESIA Petrochemical, EGYPT 170.6 14.3 Breakdown by consolidated c
Slide 13: New orders breakdown by region and segment
Toyo Engineering Corporation © 2013 マスターNew orders タイトルの書式設定 Billion yen Breakdown by Breakdown by region segment details 290.4 290.4 269.1 269.1 170.6 170.6 64.0 64.0 2012/3 2012/9 2013/3 2013/9 2012/3 2012/9 2013/3 2013/9 Japan 49.1 15.8 37.4 14.3 Chemical fertilizers 18.3 6.2 114.7 1.6 Southeast
Slide 14: Backlog of contracts
Toyo Engineering Corporation © 2013 Backlog マスター of contracts タイトルの書式設定 Billion yen 2013/9 Backlog of contracts 450.2 billion yen 450.2 22.1 Major contracts 410.4 24.4 Over 70 billion yen 359.1 Oil refinery, CANADA Japan 30.7 307.1 Over 50 billion yen 26.8 Chemical fertilizer, INDONESIA Over 40 bill
Slide 15: Backlog of contracts breakdown
Toyo Engineering Corporation © 2013 Backlog マスター of contracts タイトルの書式設定 Billion yen Breakdown by Breakdown by 450.2 450.2 region segment details 410.4 410.4 359.1 359.1 307.1 307.1 2012/3 2012/9 2013/3 2013/9 2012/3 2012/9 2013/3 2013/9 Japan 30.7 26.8 24.4 22.1 Chemical fertilizers 74.8 64.6 151.3
Slide 16: Forecast
Toyo Engineering Corporation © 2013 Forecast マスター タイトルの書式設定 Billion yen Second Forecast for 2014/3 2013/3 quarter 2013/9 Initial plan New plan Forecast for breakdowns by Net sales 228.7 110.9 300.0 250.0 segment Gross profit 24.2 6.6 32.0 24.0 Initial New Net sales Gross profit rate 10.6% 6.0% 10.7%
Slide 17: Forecast charts
Toyo Engineering Corporation © 2013 Forecast マスター タイトルの書式設定 Billion yen Net sales New orders Gross profit rate Operating income rate 10.6% 9.6% 330.0 290.4 228.7 250.0 0.7% 0.8% 2013/3 2014/3 2013/3 2014/3 2013/3 2014/3 2013/3 2014/3 Gross profit Operating income Ordinary income Net income 24.2 24.0
Slide 18: Reference: Historical data
Toyo Engineering Corporation © 2013 -Reference- Historical data マスター タイトルの書式設定 Forecast 2012/3 2012/9 2013/3 2013/9 2014/3 Net sales Billion yen 157.8 108.3 228.7 110.9 250.0 Gross profit Billion yen 24.9 12.4 24.2 6.6 24.0 Gross profit rate % 15.8% 11.5% 10.6% 6.0% 9.6% Operating income Billion yen
Slide 19: Toyo Engineering Corporation
Toyo Engineering Corporation URL http://www.toyo-eng.co.jp For further questions on this material, please contact: Kenji SATO General Manager Corporate Communication Division 2-8-1 Akanehama, Narashino, Chiba, Japan 275-0024 TEL +81-47-454-1681 E-mail ir@ga.toyo-eng.co.jp The forecasts given above a