Slide 1: Results Presentation for Three Months Ended March 31, 2023
Results Presentation for Three Months Ended March 31, 2023 EBARA (6361) May 15, 2023
Slide 2: Table of Contents
Table of Contents Points of Results P3 4. Appendix 1. FY23 1Q Summary of Results ・Orders P20 ・Consolidated P5 ・Revenue P21 ・Segment P6 ・Operating Profit P22 ・Breakdown of Changes in Operating Profit P7 ・Backlog of Orders P23 ・Revenue by Region P8 ・Revenue by Region P24 2. FY23 1Q Results by Segment
Slide 3: Points of Results
Points of Results FY23 1Q Results FY23 Forecast YoY* YoY* Change Vs.P.Plan* ¥20.9 B. ¥-75.2 B. ¥-48.0 B. Orders ¥197.9 B. +11.8% ↗ Orders ¥740.0 B. -9.2% ↘ -6.1% ↘ ¥31.2 B. ¥66.1 B. ¥-6.0 B. Revenue ¥184.0 B. +20.5% ↗ Revenue ¥747.0 B. +9.7% ↗ -0.8% → ¥1.0 B. ¥0.4 B. - Operating Profit ¥15.2 B. +7.7
Slide 4: 1. FY23 1Q Summary of Results
1. FY23 1Q Summary of Results 2. FY23 1Q Results by Segment 3. FY23 Forecast 4. Appendix 4 Copyright(c) Ebara Corporation, All rights reserved
Slide 5: Consolidated
1. FY23 1Q Summary of Results Consolidated (in billion yen) FY22 1Q FY23 1Q Change Change % Announced date(m/d/y) a b b-a (b-a)/a Orders 177.0 197.9 +20.9 +11.8% Revenue 152.8 184.0 +31.2 +20.5% Operating Profit 14.1 15.2 +1.0 +7.7% OP Ratio 9.3% 8.3% -1.0pts Profit Attributable to Owners of Parent
Slide 6: Segment
1. FY23 1Q Summary of Results Segment (in billion yen) FY22 1Q FY23 1Q Change Change % Announced date(m/d/y) a b b-a (b-a)/a Orders 177.0 197.9 +20.9 +11.8% Revenue 152.8 184.0 +31.2 +20.5% Total Operating Profit 14.1 15.2 +1.0 +7.7% OP Ratio 9.3% 8.3% -1.0pts Building Orders 47.3 52.2 +4.9 +10.5% R
Slide 7: Breakdown of Changes in Operating Profit
1. FY23 1Q Summary of Results Breakdown of Changes in Operating Profit OP increase due to higher revenue as well as contribution of yen's depreciation Driven by Building Service & Industrial, Energy, and Precision Machinery Deterioration in Increase in labor cost Energy and mainly as well as R&D Pre
Slide 8: Revenue by Region
1. FY23 1Q Summary of Results Revenue by Region 73.0 Japan 70.7 +3.4% 110.9 Overseas 82.1 +35.2% Middle Others East 26.7 3% China 21.7 +23.2% 5% Europe Japan 33.6 7% 40% Asia (excl. 23.7 +41.6% China) North North 23.4 America FY23 1Q 11.5 +102.3% America 13% Revenue Compostions 12.9 Europe 12.5 +3.4
Slide 9: 2. FY23 1Q Results by Segment
1. FY23 1Q Summary of Results 2. FY23 1Q Results by Segment 3. FY23 Forecast 4. Appendix 9 Copyright(c) Ebara Corporation, All rights reserved
Slide 10: Building Service & Industrial
2. FY23 1Q Results by Segment Building Service & Industrial Results (in billion yen) Highlights Orders Revenue Market ◼ GDP growth is slowing in North America, Europe and the Middle environment East, but the building equipment market is picking up in Japan FY22 FY23 220.0 and parts of China due to r
Slide 11: Energy
2. FY23 1Q Results by Segment Energy Results (in billion yen) Highlights Orders Revenue Market ◼ In the downstream oil and gas market, there is continued 160.0 155.0 environment activity in petrochemical projects in India and the Middle East, 148.0 FY22 FY23 143.6 as in the previous year, and there
Slide 12: Infrastructure
2. FY23 1Q Results by Segment Infrastructure Results (in billion yen) Highlights Orders Revenue Market ◼ Domestic Public Pump Market Remains Steady environment ◼ Investment in advance disaster prevention and aging FY22 FY23 measures is expected to remain strong due to the "Five-Year 51.9 49.0 Accele
Slide 13: Environmental Solutions
2. FY23 1Q Results by Segment Environmental Solutions Results (in billion yen) Highlights Orders Revenue Market ◼ Demand for new construction of waste treatment 105.8 73.7 71.0 environment facilities for public use remained stable as in past FY22 FY23 90.0 52.2 years 76.8 46.2 48.0 36.4 32.5 ◼ Two l
Slide 14: Precision Machinery
2. FY23 1Q Results by Segment Precision Machinery Results (in billion yen) Highlights Orders Revenue Market ◼ The semiconductor market is postponing capital environment expenditures and adjusting factory operations 301.5 FY22 FY23 260.0 ◼ Semiconductor equipment market enters a period of 229.9 220.0
Slide 15: 3. FY23 Forecast
1. FY23 1Q Summary of Results 2. FY23 1Q Results by Segment 3. FY23 Forecast 4. Appendix 15 Copyright(c) Ebara Corporation, All rights reserved
Slide 16: Consolidated
3. FY23 Forecast Consolidated 1-4Q 1-2Q (in billion yen) FY22 Results FY23 P.Plan* FY23 Plan YoY Change Change from previous plan FY22 Results FY23 P.Plan* FY23 Plan YoY Change Change from previous plan Announced date(m/d/y) Feb/14/23 May/15/23 Change Change % Change Change % Feb/14/23 May/15/23 Cha
Slide 17: Segment
3. FY23 Forecast Segment 1-4Q 1-2Q (in billion yen) FY22 実績 FY23 P.Plan* FY23 Plan YoY Change Change from previous plan FY22 実績 FY23 P.Plan* FY23 Plan YoY Change Change from previous plan Announced date(m/d/y) Feb/14/23 May/15/23 Change Change % Change Change % Feb/14/23 May/15/23 Change Change % Ch
Slide 18: Breakdown of Changes in Operating Profit
3. FY23 Forecast Breakdown of Changes in Operating Profit Consolidated operating profit forecast remains unchanged at 71.0 billion yen due to upward revision for Building Service & Industrial and Energy and the downward revision of the Precision Machinery Compared to previous year Compared to full-y
Slide 19: 4. Appendix
1. FY23 1Q Summary of Results 2. FY23 1Q Results by Segment 3. FY23 Forecast 4. Appendix 19 Copyright(c) Ebara Corporation, All rights reserved
Slide 20: Orders
4. Appendix Orders Former Segment（〜FY22） New Segment FY22 FY22 FY23 (in billion yen) 1-2Q Plan 1-2Q Plan 1-4Q Plan 1-4Q Plan 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q 1Q Announced date(m/d/y) Feb/14/23 May/15/23 Feb/14/23 May/15/23 Total 177.0 399.4 594.5 815.2 Total 177.0 399.4 594.5 815.2 197.9 405.5 37
Slide 21: Revenue
4. Appendix Revenue Former Segment（〜FY22） New Segment FY22 FY22 FY23 (in billion yen) 1-2Q Plan 1-2Q Plan 1-4Q Plan 1-4Q Plan 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q 1Q Announced date(m/d/y) Feb/14/23 May/15/23 Feb/14/23 May/15/23 Total 152.8 312.4 480.0 680.8 Total 152.8 312.4 480.0 680.8 184.0 383.5 3
Slide 22: Operating Profit
4. Appendix Operating Profit Former Segment（〜FY22） New Segment FY22 FY22 FY23 (in billion yen) 1-2Q Plan 1-2Q Plan 1-4Q Plan 1-4Q Plan 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q 1Q Announced date(m/d/y) Feb/14/23 May/15/23 Feb/14/23 May/15/23 Total 14.1 27.1 42.6 70.5 Total 14.1 27.1 42.6 70.5 15.2 37.2 31
Slide 23: Backlog of Orders
4. Appendix Backlog of Orders Former Segment（〜FY22） New Segment FY22 FY22 FY23 (in billion yen) 1-2Q Plan 1-2Q Plan 1-4Q Plan 1-4Q Plan 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q 1Q Announced date(m/d/y) Feb/14/23 May/15/23 Feb/14/23 May/15/23 Total 689.5 774.9 813.2 818.1 Total 689.5 774.9 813.2 818.1 827
Slide 24: Revenue by Region
4. Appendix Revenue by Region Former Segment（〜FY22） New Segment (in billion yen) FY22 FY23 (in billion yen) FY23 1Q 1-2Q 1-3Q 1-4Q 1Q 1Q FMS Business 87.6 179.2 270.2 383.3 109.4 Building Service & Industrial 53.0 Japan 38.5 67.4 93.2 132.2 44.7 Japan 23.6 Asia (excl. Japan) 22.1 51.3 81.1 113.1 26.
Slide 25: Service & Support (S&S) Revenue
4. Appendix Service & Support (S&S) Revenue Former Segment（〜FY22） New Segment (in billion yen) FY22 FY23 (in billion yen) FY23 1Q 1-2Q 1-3Q 1-4Q 1Q 1Q S&S Revenue 33.7 64.0 91.8 136.4 43.9 S&S Revenue 10.8 FMS Business Building Service & Industrial S&S Ratio 39% 36% 34% 36% 40% S&S Ratio 21% S&S Rev
Slide 26: Balance Sheet
4. Appendix Balance Sheet (in billion yen) FY22 1Q FY22 4Q FY23 1Q Change Change a b c c-a c-b Total Assets 735.5 828.0 858.2 +122.7 +30.1 Current Assets 510.3 580.6 605.3 +95.0 +24.6 Cash and cash equivalents 118.9 116.1 145.7 +26.7 +29.5 Trade receivables 235.1 253.0 251.0 +15.8 -2.0 Inventories 1
Slide 27: Cash Flows
4. Appendix Cash Flows (in billion yen) 1Q 1-4Q FY22 FY23 Change FY22 FY23 Plan FY23 Plan YoY Change YoY Change Announced date(m/d/y) Feb/14/23 May/15/23 a b b-a c d e e-c e-d CF from 6.7 12.2 5.4 37.0 50.0 50.0 +12.9 - operating activities CF from -6.5 -8.3 -1.8 -38.3 -57.0 -57.0 -18.6 - investing
Slide 28: Change in Business Segments
4. Appendix Change in Business Segments ■ Effective January 1, 2023, business segments is changed from a conventional product-based segments to a target market-based segments (Reference) Former Segments New Segments Target markets Main Products & Service Building Service & Building and industrial St
Slide 29: Disclaimer
Disclaimer 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 da