Toyo Engineering Corporation · TSE:6330
Toyo Engineering — FY2017 Earnings Presentation
8 slides from Toyo Engineering's earnings presentation, Feb 9, 2018
Slide 1: Revised Forecast of FY2017 Consolidated Financial Results
Mission: Engineering for Sustainable Growth of the Global Community Vision: Global Leading Engineering Partner Values: Integrity, Creativity, Diversity, Learning, Team Revised Forecast of FY2017 Consolidated Financial Results February 9, 2018 Toyo Engineering Corporation
Slide 2: Contents
Contents 1. Revised Forecast of FY2017 2. Cost Increase of Ethylene Project in USA 3. Performance of Other Projects 4. Situation of New Orders 5. Measures for Improvement of Financial Performance 2
Slide 3: Revised Forecast of FY2017 Performance
1. Revised Forecast of FY2017 Performance （Unit：JPY billion ） Forecast as of Performance Difference As of 2017/5/19 2018/2/7 (b)-(a) (a) (b) 2017/12/31 Net Sales 370.0 350.0 △20.0 263.3 Gross Profit 27.5 3.0 △24.5 △7.4 Gross Profit Ratio 7.4% 0.9% △6.5% △2.8% Operating Income 6.5 △18.0 △24.5 △23.0 O
Slide 4: Cost Increase of Ethylene Project in USA
2. Cost Increase of Ethylene Project in USA Cost Increase 26.6 billion yen at 3Q of FY2017 Reason of Cost Increase With revision of project completion time from 1st half to 2 nd half of FY2018 as agreed with the client during 3Q/FY2017, re-evaluation has been made on indirect costs, construc
Slide 5: Performance of Other Projects
3. Performance of Other Projects Net Sales Gross Profit JPY billion JPY billion 350 40 Gross profit ratio：11.0% 300 20 250 200 0 150 100 -20 50 0 -40 Other Projects USA Ethylene 5
Slide 6: Situation of New Orders
4. Situation of New Orders New Orders as of 2017/12/31：143.8 billion yen Gas compression (Indonesia), Polyethylene (Indonesia), Gas power (Thailand), Ethylene expansion (Japan), Mega-solar (Japan) etc. New Orders Forecast FY2017: 250 billion yen New orders expected: Fertilizer (India), LNG receivi
Slide 7: Measures for Improvement of Financial Performance
5. Measures for Improvement of Financial Performance Enhancement/Expansion of Infrastructure Business Expansion of new orders and shift of manpower resources to Infrastructure business O&M business, Business participation Restructuring of Plant Business (Selection & Concentration） Focus on
Slide 8: 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