Slide 1: Financial Results for FY2014 and Forecasts for FY2015
Investor Presentation Financial Results for FY2014 and Forecasts for FY2015 May 14, 2015
Slide 2: Disclaimer
Disclaimer This investor presentation, an English translation of the presentation made at the investor meeting at Obayashi Corporation (Tokyo, Japan) on May 14, 2015 as a digest of Obayashi Corporation‘s “Summary of the Financial Results for FY2014 ended March 2015” (“Kessan Tanshin”) disclosed at t
Slide 3: Financial Results for FY2014 and Forecasts for FY2015
Financial Results for FY2014 and Forecasts for FY2015
Slide 4: Overview of Financial Results for FY2014
1 Overview of Financial Results for FY2014 （in comparison with FY2013 results） （１）Non-consolidated results （２）Consolidated results Refer to the upper table of the quick review of consolidated and non-consolidated FY2014 results on page 35 of “Kessan Tanshin.” 4
Slide 5: Overview of Financial Results for FY2014: Orders Received
１ Overview of Financial Results for FY2014 （in comparison with FY2013 results） （３）Non-consolidated results of orders received （４）Consolidated results of orders received Refer to the middle table of the quick review of consolidated and non-consolidated FY2014 results on page 35. 5
Slide 6: Overview of Financial Results for FY2014: Interest-bearing Debt
1 Overview of Financial Results for FY2014 （in comparison with FY2013 results） （５）Results of interest-bearing debt (non-consolidated and consolidated) Refer to the below table of the quick review of consolidated and non-consolidated FY2014 results on page 35. With regard to the forecasts for FY2015,
Slide 7: Financial Results for FY2014 by Segment: Non-consolidated
2 Breakdown per Segment 2２ Financial of Financial Results for Results forcomparison FY2014（in FY2014 with FY2013 results） Financial Results for FY2014 of segment（ in comparison with FY2013 results ） （in comparison with FY2013 results） （１）Non-consolidated results of net sales （２）Non-consolidated resu
Slide 8: Financial Results for FY2014 by Segment: Consolidated
２2 Financial BreakdownResults for FY2014 per Segment of segment（in of Financial comparison with FY2013 results） Results for FY2014 ２ Financial Results for FY2014 of segment （in comparison with FY2013 results ） （in comparison with FY2013 results） （３）Consolidated results of net sales （４）Consolidated r
Slide 9: Evolution 2015: Obayashi Group Medium Term Business Plan
Obayashi Group Medium Term Business Plan 2015 (FY2015 - FY2017) 〜 Toward social safety, security and further stable management 〜 Evolution 2015
Slide 10: Report from Medium Term Business Plan 2012 (FY2012 to FY2014)
Report from Medium Term Business Plan 2012 (FY2012 to FY2014) Net sales were well over initial target because of the increase of net sales in construction business primarily due to the recovery of private capital expenditures and reconstruction from Great East Japan Earthquake. Consolidated oper
Slide 11: Market Trend
Medium Term Business Plan 2015 In Japan, construction investment is likely to be maintained at a certain level due to infrastructure development aiming for national resilience and industrial competitiveness as well as the Market Trend demands for urban reconstruction in the Tokyo metropolitan area
Slide 12: Principal Management Indicators
Principal Management Indicators Medium Term Business Plan 2015 12
Slide 13: Principal Management Indicators (EBITDA newly adopted)
Principal Management Indicators (”EBITDA” is newly adopted) Medium Term Business Plan2015 Due to capital investment in new businesses (renewable energy business etc.), depreciation and amortization increase. “EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization)” is adopted as a ma
Slide 14: Management Strategy: Investment and Capital Expenditure Plan
Management Strategy Medium Term Business Plan2015 1 Investment in diversification of earnings base ■ Research and development for construction technology ■ Real estate and new businesses (renewable energy business etc.) [Capital Expenditure Plan] (Unit: 100 million yen) 2012 to 2014 Average 2012 to
Slide 15: Overview of Consolidated Forecasts for FY2015
Overview of Consolidated Forecasts for FY 2015 Medium Term Business Plan 2015 【Consolidated】 （Unit: 100 million yen） Midium Term Business FY2012 FY2013 FY2014 FY2015 Plan 2015 Result Result Result （FY2015～FY2017） Net Sales Conso. 14,483 Conso. 16,127 Conso. 17,739 Conso. 17,700 About 17,000 Non-Cons
Slide 16: Forecasts for FY2015 (Operating Income)
Forecasts for FY2015(Operating Income) Medium Term Business Plan 2015 ■ Consolidated operating income targets of 45 billion yen is bottom line ■ Aim for additional profit in accordance with business environment （unit： 100 million yen） Midium Term Business FY2012 FY2013 FY2014 FY2015 Plan 2015 Result
Slide 17: Dividends
Dividends Medium Term Business Plan 2015 Background to increase dividend (Annual dividend 8 yen per share to 10 yen per share) １ Consolidated operating income for the FY2014 was 48.3 billion yen. And the company expects to earn 45.0 billion yen stably. ２ The company has proceeded the write-down of f
Slide 18: Non-consolidated Transition of Orders Received
【Non-consolidated】 Transition of Orders Received Medium Term Business Plan 2015 （100 million yen) 10,497 11,376 12,273 13,115 12,400 YoY 14,000 -715 （-5.5％） Domestic building const. 12,000 -288 （-3.0％） 10,000 Overseas building const. -71 8,000 9,488 （-100.0％） 8,499 9,200 8,243 Domestic civil enginee
Slide 19: Non-consolidated Transition of Orders Received (Construction)
【Non-consolidated】 Transition of Orders Received Medium Term Business Plan 2015 (100 million yen) 13,627 14,495 16,530 19,005 17,800 YoY 20,000 -1,205 （-6.3％） Domestic building const. -337 15,000 （-3.4％） 9,837 Overseas building const. 9,500 -771 8,830 （-20.5％） 10,000 8,621 Domestic civil engineering
Slide 20: Non-consolidated Transition of Net Sales
【Non-consolidated】 Transition of Net Sales Medium Term Business Plan2015 (100 million yen) 9,636 10,851 12,086 12,598 11,950 YoY -648 12,500 （-5.1％） Domestic building const. -528 10,000 （-5.7％） 9,228 Overseas building const. 8,748 -207 7,500 8,700 （-58.1％） 7,943 7,352 Domestic civil engineering ＋191
Slide 21: Consolidated Transition of Net Sales
【Consolidated】 Transition of Net Sales Medium Term Business Plan 2015 100 million yen YoY (FY2015 - FY2014） 12,457 14,483 16,127 17,739 17,700 17,000 -39 （-0.2％） Domestic building const. -530 9,530 （-5.6％） 9,000 9,200 Overseas building const. 9,024 -362 8,229 （＋11.0％） Domestic civil engineering 7,61
Slide 22: Non-consolidated Transition of Gross Profit on Completed Construction Contracts
【Non-consolidated】 Transition of Gross Profit on Completed Construction Contracts Medium Term Business Plan 2015 (100 million yen) 【Gross profit on completed construction contracts】 800 600 518 525 790 480 740 796 466 421 400 661 665 393 560 200 277 244 265 260 195 167 0 （％）【Gross profit margin】 ■:
Slide 23: Consolidated Transition of Operating Income
【Consolidated】 Transition of Operating Income Medium Term Business Plan 2015 （100 million yen） 【Operating income】 YoY (FY2015 - FY2014） ＋16 311 351 319 483 500 450 （＋3.3％） Building construction ＋105 （+88.6％） Civil engineering -0 （-0.4％） Real estate business and other -88 （-43.6％） 23
Slide 24: Consolidated Transition of Ordinary Income and Net Income
【Consolidated】 Transition of Ordinary Income and Net Income Medium Term Business Plan 2015 【Ordinary Income】 （100 million yen） 【Net Income】 （100 million yen） 24
Slide 25: OBAYASHI
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