Daifuku Co., Ltd. · TSE:6383
Daifuku — Q3 FY2020 Earnings Presentation
15 slides from Daifuku's earnings presentation, Feb 5, 2021
Slide 1: Consolidated Financial Results
Consolidated Financial Results First Three Quarters of the Fiscal Year Ending March 31, 2021 (April 1, 2020 - December 31, 2020) February 5, 2021 DAIFUKU CO., LTD.
Slide 2: Fiscal 2020 First 3Qs Highlights
Fiscal 2020 First 3Qs Highlights (April 1, 2020 – December 31, 2020) 1 ✓ Q3 orders bounced back significantly. ✓ Sales remained favorable, underpinned by an extensive order backlog from the end of fiscal 2019. ✓ Operating income was driven by Intralogistics systems in Japan. (Billion yen) Orders Sal
Slide 3: FY2020 First 3Qs Results (Consolidated)
FY2020 First 3Qs Results (Consolidated) 2 (Billion yen) FY2019 3Qs FY2020 3Qs Year-on-year Orders 338.10 338.76 +0.2% Net sales 318.80 346.77 +8.8% ✓ Achieved increased sales and income. Operating income 28.92 30.06 +4.0% Ordinary income 29.51 30.93 +4.8% Net income attributable to shareholders of t
Slide 4: Results by Reportable Segment
Results by Reportable Segment 3 (Billion yen) Orders Net sales Segment income (Net income attributable to (Orders from outside customers) (Sales to outside customers) shareholders of the parent company) FY2019 3Qs FY2020 3Qs FY2019 3Qs FY2020 3Qs FY2019 3Qs FY2020 3Qs ✓ Daifuku: Daifuku 141.92 131.9
Slide 5: Consolidated Balance Sheets
Consolidated Balance Sheets 4 (Billion yen) FY2019 FY2020 Q3 Change FY2019 FY2020 Q3 Change Current assets 319.68 345.88 26.20 Current liabilities 138.69 154.65 15.96 ✓ Assets: Cash on hand and Notes and accounts in banks 70.90 96.92 26.01 payable 69.09 60.07 -9.02 Increased ¥28.9 billion Notes and
Slide 6: Orders and Sales by Industry (Consolidated)
Orders and Sales by Industry (Consolidated) 5 (Billion yen) Orders Sales FY2019 3Qs FY2020 3Qs FY2019 3Qs FY2020 3Qs Industry Orders Composition Orders Composition Sales Composition Sales Composition ✓ Automobile, auto parts: Automobile, auto parts 75.32 22.3% 35.14 10.4% 44.70 14.0% 60.75 17.5% Ord
Slide 7: Non-Japan Orders (Consolidated)
Non-Japan Orders (Consolidated) 6 (Billion yen) 71% 67% 68% 300.0 11.6 67% 6.4 15.5 7.6 Ratio to net orders 7.1 8.1 7.6 Other 200.0 13.8 168.5 Europe 140.9 112.7 104.3 Asia 100.0 North America Ratio to net sales 89.4 88.7 102.9 100.7 0.0 FY2017 3Qs FY2018 3Qs FY2019 3Qs FY2020 3Qs Non-Japan Total 27
Slide 8: Orders by Region (Consolidated)
Orders by Region (Consolidated) 7 (Billion yen) FY2017 3Qs FY2018 3Qs FY2019 3Qs FY2020 3Qs Region Orders Composition Orders Composition Orders Composition Orders Composition Japan 111.51 28.8% 122.32 32.6% 107.20 31.7% 111.76 33.0% ✓ Japan: Orders for Intralogistics systems Non-Japan 276.03 71.2% 2
Slide 9: Non-Japan Sales (Consolidated)
Non-Japan Sales (Consolidated) 8 (Billion yen) 73% 67% 67% 66% 9.7 Ratio to net sales 9.9 9.8 10.3 13.2 9.0 Other 6.6 7.1 Europe 102.1 148.8 123.8 Asia 107.1 North America 107.0 Ratio to net sales 69.3 72.9 72.4 FY2017 3Qs FY2018 3Qs FY2019 3Qs FY2020 3Qs Non-Japan Total 196.9 241.4 213.3 228.1 © 20
Slide 10: Sales by Region (Consolidated)
Sales by Region (Consolidated) 9 (Billion yen) FY2017 3Qs FY2018 3Qs FY2019 3Qs FY2020 3Qs Region Sales Composition Sales Composition Sales Composition Sales Composition ✓ Japan: Japan 95.16 32.6% 89.24 27.0% 105.49 33.1% 118.66 34.2% Sales of Intralogistics systems Non-Japan 196.99 67.4% 241.40 73.
Slide 11: Service Sales (Consolidated)
Service Sales (Consolidated) 10 (Billion yen) %: Ratio to net sales 24% 23% 24% 24% 84.8 70.8 76.3 76.3 Note: Sales in the service business include FY2017 3Qs FY2018 3Qs FY2019 3Qs FY2020 3Qs maintenance, retrofitting, and remodeling work for products and systems Daifuku delivered. Y/Y Growth Rate 1
Slide 12: FY2020 Forecast (Consolidated)
FY2020 Forecast (Consolidated) 11 (Billion yen) FY2020 FY2019 As of November 6, Revised on February 5, As of August 6, 2020 Year-on-year 2020 2021 Orders 483.18 480.00 460.00 460.00 -4.8% Net sales 443.69 460.00 460.00 470.00 +5.9% Operating income 40.49 41.00 41.00 42.50 +4.9% Ordinary income 40.97
Slide 13: Quarterly Orders and Sales (Consolidated)
Quarterly Orders and Sales (Consolidated) 12 (Billion yen) Orders Sales ✓ Q3 orders bounced back 148.5 149.4 140.6 145.0 significantly, reaching a 129.1 128.8 record high for the three- 120.8 119.9 123.7 121.2 118.1 113.9 116.0 112.7 113.8 month period. 128.7 100.4 124.8 123.2 113.4 116.7 112.5 110.
Slide 14: Order Backlogs (Consolidated)
Order Backlogs (Consolidated) 13 (Billion yen) 388.8 397.9 389.9 387.9 373.6 377.7 357.2 358.5 358.4 362.7 364.0 346.4 326.8 314.5 314.0 294.9 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 (Forecast) FY2017 FY2018 FY2019 FY2020 © 2021 Daifuku Co., Ltd.
Slide 15: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements The strategies, beliefs and plans related to future business performance as described in this document are not established facts. They are business prospects based on the assumptions and beliefs of the management team judging from the m