Aida Engineering,ltd. · TSE:6118
Aida Engineering,ltd — Q2 FY2020/3 Earnings Presentation
15 slides from Aida Engineering,ltd's earnings presentation, November 2019
Slide 1: Presentation of Consolidated Financial Results for the 2nd Quarter of FY Ended March 2020
Presentation of Consolidated Financial Results for the 2nd Quarter of the FY Ended March 31, 2020 (from Apr. 2019 to Sep. 2019) 1
Slide 2: Highlights of Consolidated Results Summary of P&L
Highlights of Consolidated Results Summary of P&L FY2019/3 FY2020/3 Fluctuation (JPY mil.) 1st Half 1st Half Amount % Net Sales 40,311 34,274 △ 6,037 △15.0% Cost of Sales 33,214 26,792 △ 6,422 △19.3% Gross Profit 7,097 7,482 385 5.4% <Gross Profit ratio> 17.6% 21.8% (+4.2P) Selling, general and admi
Slide 3: Trend of Sales, Gross Profit and Operating Income
Trend of Sales, Gross Profit and Operating Income JPY(million) Net Sales Gross Profit Operating Income Gross Profit ratio Operating Income ratio 25,000 25% 20,000 20% 15,000 15% 10,000 10% 5,000 5% 0 0% FY2019/3 2Q 3Q 4Q FY2020/3 2Q 1Q 1Q FY2019/3 FY2020/3 1Q 2Q 3Q 4Q 1Q 2Q Net Sales 18,862 21,449 2
Slide 4: Sales to Third Party (by Business/Customer/Geographic segment)
Sales to Third Party (by Business/Customer/Geographic segment) Sales by Business segment Sales by Geographic segment FY2019/3 FY2020/3 Fluctuation FY2019/3 FY2020/3 Fluctuation (JPY mil.) (JPY mil.) 1st Half 1st Half Amount % 1st Half 1st Half Amount % Press Machines 30,459 75.6% 25,052 73.1% △ 5,40
Slide 5: Sales / Operating Income (by Geographic segment)
Sales / Operating Income (by Geographic segment) Japan China Asia FY2019/3 FY2020/3 Fluctuation FY2019/3 FY2020/3 Fluctuation FY2019/3 FY2020/3 Fluctuation (JPY mil.) (JPY mil.) (JPY mil.) 1st Half 1st Half Amount % 1st Half 1st Half Amount % 1st Half 1st Half Amount % Net Sales 25,840 24,281 △ 1,55
Slide 6: Fluctuation Analysis with regards to Operating Income
Fluctuation Analysis with regards to Operating Income Positive Factors: Negative Factors: JPY 19.5 JPY 12.6 Improvement of products mix, Decrease of net sales profitability of each project (except REJ) Elimination of temporary costs for handling custom Increase of loss on valuation of inventories an
Slide 7: Orders Intake & Backlog (by Business/Customer/Geographic segment)
Orders Intake & Backlog (by Business/Customer/Geographic segment) Orders Intake by Business Segment Orders Intake by Customer Industry (Press Machines) JPY mil. Press Machines Services Others JPY mil. Automotive related Electric related Other industries 24,537 19,369 1,719 1,447 3,449 19,543 18,634
Slide 8: Trend of Orders Intake & Backlog
Trend of Orders Intake & Backlog FY2018/3 FY2019/3 FY2020/3 vs. FY2019/3 (JPY mil.) 1st Half Full-ye ar 1st Half Full-ye ar 1st Half Fluctuation Amount Proportion Amount Proportion Amount Proportion Amount Proportion Amount Proportion Amount % Order Intake: total 43,939 100.0% 83,143 100.0% 44,081 1
Slide 9: Major Changes on Balance Sheet
Major Changes on Balance Sheet Assets Liabilities and Net Assets (JPY mil.) (JPY mil.) Current liabilities VS end of Previous FY VS end of Previous FY Fixed assets Current assets Non-current liabilities 7 1 ,300百万円 Total assets △ 7,351 Net assets Total liabilities △ 4,155 6 7 ,342 6 7 ,342 111,564 1
Slide 10: Highlights: Forecasts of FY2020 Consolidated Results
Highlights: Forecasts of FY2020 Consolidated Results FY2020/3 Fluctuation FY2020/3 Ｃｈａｎｇｅ＝ 【A】-【B】 (JPY mil.) FY2019/3 Full-year forecast Initial Forecast Causes of Change of 1H Results 2H Forecast Amount % Amount % (revised) 【A】 【B】 Operating Income Net Sales 84,082 34,274 37,726 72,000 △ 12,082 △1
Slide 11: Forecasts of Orders Intake/Sales/Operating Income (by segment)
Forecasts of Orders Intake/Sales/Operating Income (by segment) Orders Intake Net Sales by Business segment of the Mid-Term Management Plan “THE AIDA PLAN 523” Fluctuation: Fluctuation: (JPY mil.) FY2020/3 FY2020/3 FY2020/3 FY2020/3 Net Sales FY2019/3 FY2019/3 (JPY mil.) forecast vs FY2019/3 forecast
Slide 12: Trend of Capex, Depreciation, R&D & CF
Trend of Capex, Depreciation, R&D & CF Capital Expenditures Depreciation & Amortization (JPY mil.) FY2018/3 FY2019/3 FY2020/3 E (JPY mil.) FY2018/3 FY2019/3 FY2020/3 E Amount 2,434 2,867 2,150 Amount 2,061 2,142 2,150 Dom estic Overseas Domestic Overseas 503 USA: improve machinery 1,600 1,107 1,100
Slide 13: (for Reference) Statistics of Forming Machinery Industry-1
(for Reference) Statistics of Forming Machinery Industry-1 JPY(billion) Press: Mechanical, Hydraulic, Forging & Automation Monthly Average Place of origin: JFMA 13
Slide 14: (for Reference) Statistics of Forming Machinery Industry-2
(for Reference) Statistics of Forming Machinery Industry- 2 Trend of Order Intake Trend of Order Intake (Overseas) by Geographic Segment JPY(100million) 14
Slide 15: Remarks
Remarks Cautions about forecast statements contained in this package ・The information in this package contains future forecasts. ・Future forecasts contained in this document are based on the judgment of company management based on currently available information. Although the future forecasts are ba