Slide 1: Results Presentation for Six Months Ended June 30, 2021
Results Presentation for Six Months Ended June 30, 2021 EBARA (6361) August 13, 2021
Slide 2: Table of Contents
Table of Contents Points of 1-2Q Results P.3 5. Topics 1. FY21 1-2Q Summary of Results ・Hydrogen Business Project P.13 ・Consolidated P.4 6. Appendix ・Segment P.5 ・Orders P.14 ・Revenue by Region P.6 ・Revenue P.15 2. FY21 1-2Q Results by Segment ・Operating Profit P.16 ・FMS Business*1 P.7 ・Backlog of O
Slide 3: Points of Results
Points of Results FY21 1-2Q Results FY21 Forecast YoY* YoY* ■ Orders ¥344.9 B. +33.7% ↗ ■ Orders ¥701.0 B. +37.1% ↗ ■ Revenue ¥274.1 B. +11.7% ↗ ■ Revenue ¥591.5 B. +13.2% ↗ ■ Operating Profit ¥24.8 B. +94.7% ↗ ■ Operating Profit ¥56.0 B. +49.1% ↗ * ↗ +5% change or more ↘ -5% change or more → less t
Slide 4: Consolidated
1. FY21 1-2Q Summary of Results Consolidated FY20 1-2Q FY21 1-2Q Change Change % (in billion yen) Orders 258.0 344.9 +86.8 +33.7% Revenue 245.4 274.1 +28.7 +11.7% Operating Profit 12.7 24.8 +12.0 +94.7% OP Ratio 5.2% 9.1% +3.9pts Profit Attributable 6.9 16.9 +9.9 +142.1% to Owners of Parent Exchange
Slide 5: Segment
1. FY21 1-2Q Summary of Results Segment FY20 1-2Q FY21 1-2Q Change Change % (in billion yen) Orders 258.0 344.9 +86.8 +33.7% Revenue 245.4 274.1 +28.7 +11.7% Total Operating Profit 12.7 24.8 +12.0 +94.7% OP Ratio 5.2% 9.1% +3.9pts Orders 150.8 165.4 +14.6 +9.7% Revenue 149.3 162.8 +13.5 +9.1% FMS Bu
Slide 6: Revenue by Region
1. FY21 1-2Q Summary of Results Revenue by Region FY20 1-2Q FY21 1-2Q Composition Composition (in billion yen) Results Results Change Change % of Revenue of Revenue Total 245.4 100.0% 274.1 100.0% +28.7 +11.7% In domestic market (Japan) 112.5 45.9% 122.0 44.5% +9.5 +8.5% In overseas market 132.8 54.
Slide 7: FMS Business
2. FY21 1-2Q Results by Segment FMS Business Results (in billion yen) Highlights Pumps Orders 332.5 Revenue 313.2 326.0 Orders, revenue and profit of standard pumps increased due to recovery in the building equipment 301.1 FY20 FY21 222.3 220.7 market (+) 165.4 162.8 Custom pumps saw an increase in
Slide 8: EP Business
2. FY21 1-2Q Results by Segment EP Business Results (in billion yen) Highlights Orders 147.0 Revenue Orders FY20 FY21 Received one large order in 2Q 73.0 67.4 Revenue 61.6 61.9 47.9 43.9 Revenue from EPC* increased 28.731.3 36.0 28.5 17.219.4 4.5 Operating Profit Revenue increased (+) 1Q 1-2Q 1-3Q 1
Slide 9: PM Business
2. FY21 1-2Q Results by Segment PM Business Results (in billion yen) Highlights Orders 220.0 Revenue Orders FY20 FY21 191.0 Capex in the semiconductor market remains 146.6 140.3 at a high level 116.8 103.2 Strong orders for both components and CMP Revenue 95.0 79.0 70.3 66.6 40.0 51.3 26.6 33.4 Reve
Slide 10: Consolidated Forecast
3. FY21 Forecast Consolidated * Prior Plan 1-4Q (in billion yen) FY20 FY21 P.Plan* FY21 Plan Change Change % Announced date(m/d/y) May/14/21 Aug/13/21 a b b-a Orders 511.2 663.0 701.0 +189.7 +37.1% Revenue 522.4 574.0 591.5 +69.0 +13.2% Operating Profit 37.5 45.5 56.0 +18.4 +49.1% OP Ratio 7.2% 7.9%
Slide 11: Segment Forecast
3. FY21 Forecast Segment * Prior Plan 1-4Q (in billion yen) FY20 FY21 P.Plan* FY21 Plan Change Change % Announced date(m/d/y) May/14/21 Aug/13/21 a b b-a Orders 511.2 663.0 701.0 +189.7 +37.1% Revenue 522.4 574.0 591.5 +69.0 +13.2% Total Operating Profit 37.5 45.5 56.0 +18.4 +49.1% OP Ratio 7.2% 7.9
Slide 12: Forecast of Shareholder Returns
4. FY21 Shareholder Returns Forecast of Shareholder Returns In accordance with our dividend policy, we have increased the year-end dividend per share from 50 JPY to 80 JPY, and raised the annual dividend forecast from 100 JPY to 130 JPY. Repurchased 7.5 billion yen of own shares as of the end of Jul
Slide 13: Hydrogen Business Project
5. Topics Hydrogen Business Project Initiatives in the hydrogen-related field have been launched to contribute to the creation of a sustainable society, which is the materiality of the long-term vision E-Vision 2030 Strongly promote the hydrogen business project under the corporate project system di
Slide 14: Orders
6. Appendix Orders * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) May/14/21 Aug/13/21 Total 124.1 258.0 366.4 511.2 159.4 344.9 663.0 701.0 FMS Business 79.1 150.8 222.3 301.1 78.9 165.4 320.0 332.5 Pumps 43.6 83.6 123.9 166.0 48.8 96.3
Slide 15: Revenue
6. Appendix Revenue * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) May/14/21 Aug/13/21 Total 123.4 245.4 369.0 522.4 135.2 274.1 574.0 591.5 FMS Business 79.0 149.3 220.7 313.2 81.9 162.8 319.0 326.0 Pumps 46.5 81.9 120.0 168.1 52.4 96.
Slide 16: Operating Profit
6. Appendix Operating Profit * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) May/14/21 Aug/13/21 Total 6.0 12.7 22.0 37.5 12.2 24.8 45.5 56.0 FMS Business 4.6 7.8 11.2 19.8 7.9 13.4 21.5 25.0 Pumps 4.6 5.9 6.4 9.2 7.6 10.0 12.5 14.0 CT -
Slide 17: Backlog of Orders
6. Appendix Backlog of Orders * Prior Plan (in billion yen) FY20 FY21 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-4Q P.Plan* 1-4Q Plan Announced date(m/d/y) May/14/21 Aug/13/21 Total 481.7 493.0 477.4 467.5 498.4 546.1 556.5 577.0 FMS Business 209.3 209.8 209.1 194.2 196.6 203.2 195.2 200.7 Pumps 89.9 94.3 96.7 90.
Slide 18: Revenue by Region
6. Appendix Revenue by Region FY20 FY21 (in billion yen) 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q FMS Business 79.0 149.3 220.7 313.2 81.9 162.8 Japan 41.9 68.2 93.2 130.6 41.6 67.1 Asia (excl. Japan) 16.2 39.2 65.5 96.1 23.1 49.5 North America 9.0 13.5 23.3 29.1 5.4 14.0 Europe 5.0 14.5 19.5 29.3 5.3 14.6 Middle
Slide 19: Balance Sheets
6. Appendix Balance Sheets (in billion yen) FY20 2Q FY20 4Q FY21 2Q Change Change a b c c-a c-b Total Assets 652.6 644.7 697.2 +44.6 +52.5 Current Assets 452.9 440.0 476.9 +23.9 +36.8 Cash and cash equivalents 167.8 120.5 152.7 -15.1 +32.2 Trade receivables 162.2 200.0 181.5 +19.3 -18.5 Inventories
Slide 20: Cash Flows
6. Appendix Cash Flows * Prior Plan (in billion yen) 1-2Q 1-4Q FY20 FY21 Change FY20 FY21 P.Plan* FY21 Plan Change Announced date(m/d/y) Feb/12/21 Aug/13/21 a b b-a c d d-c CF from 61.0 62.8 +1.8 68.8 31.0 45.0 -23.8 operating activities CF from -12.8 -29.0 -16.1 -29.2 -43.0 -43.0 -13.7 investing ac
Slide 21: CAPEX, Depreciation and Amortization, R&D Expenses
6. Appendix CAPEX, Depreciation and Amortization, R&D Expenses * Prior Plan (in billion yen) 1-2Q 1-4Q FY20 FY21 Change FY20 FY21 P.Plan* FY21 Plan Change Announced date(m/d/y) Feb/12/21 Aug/13/21 a b b-a c d d-c CAPEX 18.4 10.8 -7.5 35.0 26.0 27.0 -8.0 FMS Business 6.1 4.8 -1.3 14.6 11.0 12.0 -2.6
Slide 22: Forward-looking statements
This release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements which are valid only as of the date thereof.