Kyokuto Kaihatsu Kogyo Co., Ltd. · TSE:7226
Kyokuto Kaihatsu Kogyo — FY2024 3Q Earnings Presentation
38 slides from Kyokuto Kaihatsu Kogyo's earnings presentation, March 2025
Slide 1: Operating Results for FY2024 3Q
Operating Results for FY2024 3Q Kyokuto Kaihatsu Kogyo Co., Ltd. TSE Prime: 7226
Slide 2: Table of Contents
Table of Contents 1. Results of FY2024 3Q P2 - 4 2. Results by Segment P5 - 13 3. Full-Year Forecast for FY2024 P14 - 20 4. Initiatives for Enhancement of Corporate Value P21 - 24 1
Slide 3: 1. Results of FY2024 3Q
MI KYoKuTo 1. Results of FY2024 3Q
Slide 4: Summary of Consolidated Financial Results for FY2024 3Q
Summary of Consolidated Financial Results for FY2024 1Q Fiscal year FY2023 FY2024 Change Percentage Millions of yen 3Q 3Q Net sales 90,311 96,642 + 6,330 +7.0% Operating profit 2,161 3,792 + 1,630 +75.4% Ordinary profit 2,686 4,174 + 1,487 +55.4% Profit attributable to owners of parent 1,454 3,885 +
Slide 5: Quarterly Trends in Consolidated Financial Results
Quarterly Trends in Consolidated Financial Results （Accumulation period） Fi s c a l y e a r FY2 0 2 3 FY2 0 2 4 Ch an ge (Y e a r - o n - y e a r ) Mi l l i ons of yen 1Q 2Q 3Q 4Q 1Q 2Q 3Q Amo u n t Percent a g e Net sales 26,091 59,570 90,311 128,026 28,626 64,007 96,642 + 6,330 +7.0% Special Purpo
Slide 6: 2. Results by Segment
MI KYoKuTo 2. Results by Segment
Slide 7: Special Purpose Vehicles Business
Special Purpose Vehicles Business Net sales Share of While production volume decreased from the previous period, the share of net sales net sales increased due to price revisions for finished goods 85.0% Operating profit Profitability improved due to price revisions for finished goods Improved suppl
Slide 8: Factors Causing Increase / Decrease in Operating Profit (Special Purpose Vehicles)
Factors Causing Increase / Decrease in Consolidated Operating Profit (Special Purpose Vehicles Business) (Millions of yen) Operating profit （+1,809） FY2023 3Q FY2024 3Q 7
Slide 9: Special Purpose Vehicles Business: Orders Received and Backlog
Special Purpose Vehicles Business: Orders Received and Backlog (Millions of yen) KYOKUTO Order backlog TREX Order backlog Total of orders received Orders received FY2024 3Q results 110,613 82,538 million yen Results of FY2023 3Q 65,620 million yen 97,779 99,336 90,124 92,315 84,989 80,219 73,233 77,
Slide 10: Special Purpose Vehicles Business: Sales Composition
Special Purpose Vehicles Business: Sales Composition (Millions of yen) Related to the environment / welfare 4,640 FY2023 3Q Related to logistics Related to Overseas Trailer Wing / van Other Total and labor-saving construction /export 17,728 13,304 10,644 76,964 11,201 10,430 9,017 FY2024 3Q Related
Slide 11: Environmental Equipment and Systems Business
Environmental Equipment and Systems Business Net sales Plant construction: Construction of projects from backlog was steady Share of net sales Contracts for operation and maintenance: Steadily increased 8.7% Operating profit Significant increase in profit due to increase in stock-type business such
Slide 12: Environmental Equipment and Systems Business: Trend of Results
Environmental Equipment and Systems Business: Trend of Results (Plants/unit) (Acquired contract for operation/case) 210 40 プラント納入実績（累計） Plant delivery record (cumulative) Number of received contract for operation 運転受託数（稼働中） (in operation currently) 205 30 200 20 195 10 190 0 FY2024 FY2016 FY2017 FY2
Slide 13: Car Parking Systems Business
Car Parking Systems Business Net sales Renovation and maintenance of multi-story parking systems was strong Share of Parts sales were also strong net sales 6.3% Pay-and-display parking was particularly strong during the year-end and New Year holidays Operating profit Significant increase in profit d
Slide 14: Car Parking Systems Business: Trend in Results
Car Parking Systems Business: Trend in Results (Unit) Number of pallets for multi-level parking equipment Number of lots for cars in pay-and-display parking (cumulative) (in operation currently) FY2024 FY2024 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022
Slide 15: 3. Full-Year Forecast for FY2024
3. Full-Year Forecast for FY2024 14
Slide 16: FY2024: Consolidated Results Forecast
FY2024: Consolidated Results Forecast Fisc al ye ar FY2 0 2 3 FY2 0 2 4 （F oreca s t） Ch an ge P e r c e n t age An n o u n c e d An n o u n c e d Vs. Nu mbe r s Million s of ye n (Re su lts) in Au gu st in Fe br u ar y an n o u n c e d in Au gu st Net sales 128,026 134,000 138,000 + 4,000 +3.0% Ope
Slide 17: Trend in Consolidated Operating Profit (by Segment)
Trend in Consolidated Operating Profit (by Segment) (Millions of yen) 8,000 Special Purpose Vehicles Environment Car Parking 7,000 6,880 6,000 5,000 4,800 4,481 4,000 3,000 2,644 2,700 2,451 1,994 2,098 2,000 1,768 1,140 1,143 1,000 656 780 800 0 -1,000 -555 FY2020 FY2021 FY2022 FY2023 FY2024 (Forec
Slide 18: Special Purpose Vehicles Business: Full-year Results Forecast
Special Purpose Vehicles Business: Full-year Results Forecast Special Purpose Vehicles Business ➢ Both orders and backlogs remained at high levels (Backlogs: KYOKUTO: approx. 46,046 million yen and TREX: approx. 46,269 million yen. Total: approx. 92,315 million yen) *As of December 31 ➢ Improved sup
Slide 19: Truck Market and Net Sales Trend of Special Purpose Vehicles Business
Truck Market and Net Sales trend of Special Purpose Vehicles Business While the truck market has remained stagnant temporarily due in large part to the pandemic, semiconductor shortages, and chassis manufacturers’ misconduct related to vehicle certification, we have managed to secure sales through r
Slide 20: Environmental Equipment and Systems Business: Full-year Results Forecast
Environmental Equipment and Systems Business: Full-year Results Forecast Environmental Equipment and Systems Business ➢ Steady plant construction work (8 projects in progress: Hokkaido, Tokyo, Saitama, Ishikawa, Hyogo, Oita, etc.) ➢ Stock-type business such as contracts for operation and maintenance
Slide 21: Car Parking Systems Business: Full-Year Results Forecast
Car Parking Systems Business: Full-Year Results Forecast Car Parking Systems Business ➢ Multi-story parking systems : Strengthen stock-type business such as renovation and maintenance. ➢ Pay-and-display parking lots : Secure earnings by increasing the number of business sites and parking lots, and r
Slide 22: 4. Initiatives for Enhancement of Corporate Value
4. Initiatives for Enhancement of Corporate Value 21
Slide 23: Medium-term Management Plan (Cash Allocation)
Medium-term Management Plan (Cash Allocation) Being conscious of our assessment by a wide range of stakeholders and the need to enhance corporate value, we are pushing forward with appropriate cash allocation State of progress Medium-term Management Plan 2022–24 — Creating The Future As One 30 billi
Slide 24: Progress in Medium-Term Management Plan
Progress in Medium-Term Management Plan Net sales, operating profit margin, and ROE targets (%) (Millions of yen) Target numbers for the final year of the medium-term management plan 200,000 200,000 16.0 Net sales : 140,000 million yen Net sales Operating profit margin : 7% or more ROE : 6% Announce
Slide 25: Stepping up Shareholder Returns
Stepping up Shareholder Returns Shareholder return policy: Minimum annual dividend of 54 yen per share + Flexible purchase of treasury shares. (Yen) Total return ratio of 100% throughout the period of the current Medium-term Management Plan: (%) 180 120 158 yen for FY2024, an increase of 71 yen 100.
Slide 26: For Reference: Supplementary Data
For Reference: Supplementary Data 25
Slide 27: Company Profile
Company Profile Company Name ： KYOKUTO KAIHATSU KOGYO CO.,LTD. Location of headquarters ： Chuo-ku, Osaka, Japan Founding date ： June 1, 1955 Capital ： 11,899,867,400 yen Title and name of Representative ： Representative Director, President, CEO Tatsuya Nunohara Number of employees ： consolidated 3,2
Slide 28: Business Line
Business Line Special Purpose Vehicles Business Manufacture, mounting, sale, and repair of special purpose vehicles and other transportation equipment, and manufacture and sale of parts thereof. Manufacture and sale of trailers, truck bodies, etc. Environmental Equipment and Systems Business Manufac
Slide 29: Overview of Special Purpose Vehicles Business
Overview of Special Purpose Vehicles Business *In case of mounting on trucks Truck manufacturer/Dealer Trading company /User (1) (2) Chassis (4) Delivery (1) (4) Delivery Ordering delivery Ordering [Sales made] [Sales made] (Consigned to) Completion (3) Mounting Truck undercarriage (chassis) Body *K
Slide 30: Long-term Management Vision - Kyokuto Kaihatsu 2030
Long-term Management Vision Final target value Long-term Management Vision 3rd STEP Sustainability Vision *1 ● Achievement of both - Kyokuto Kaihatsu 2030 - “outstanding technology” and • CO2 emissions reduction: Minus38% *2 “solid quality” Step-up strategy following three steps • Recycling rate: Ma
Slide 31: Major Capital Investments and M&A
Major Capital Investments and M&A Business Investment item Investment details Implementation period Strengthen the R&D System FY2026 Construction of a technical center The speed in developing new products will be roughly Planned to be completed doubled. SATRAC ENGINEERING PRIVATE LIMITED, Boost prod
Slide 32: Major Capital Investments
Major Capital Investments No rth Construction of a technical center (to be completed in FY2026) W Ea es st t Retention pond So (which runoff ut h water is directed to) Securit y office Entranc e/Exit ◆The speed in developing new products will be roughly doubled. Retention pond 1Parking lot Yaman oka
Slide 33: Major Capital Investments
Major Capital Investments SATRAC, India: Construction of a plant in Chennai (to be completed in FY2025) SATRAC, a group company that posted record-high sales in the FY2023 due to high demand for specialty tracks in India, is constructing a new plant near the city of Chennai, in the state of Tamil Na
Slide 34: Make STG a Group Company
Make STG a Group Company We acquire shares of STG Global Holdings Pty Ltd (STG), an Australian Special Purpose Vehicles manufacturer.and make STG a Group Company. Reason for acquiring shares [Outline of STG] ✓ Cross selling, centered on Japan and Australia markets, by leveraging Name STG Global Hold
Slide 35: Progress of Mid-term Management Plan (Sustainability)
Progress of Mid-term Management Plan (Sustainability) T a r g e t v a l u e s a n d p r o g r e s s ◆ CO2 emission reduction rate Long-term Management Vision Target: Cut 38% or more (FY2030) *CO2 emission factor compared with FY2013 Reservoir Solar at Miki Plant Progress: Cut 22.3% (FY2023) Medium-t
Slide 36: TOPICS (1) Completion of Small Rear Dump Truck Body Automated Production Line
TOPICS (1) Completion of Small Rear Dump Truck Body Automated Production Line at the Yokohama Plant The automated production line for small rear dump truck bodies, which we had invested in at the Yokohama Plant (Yamato City, Kanagawa Prefecture), has been completed. Following the automated productio
Slide 37: TOPICS (2) Order Receipt for Yufu City Refuse Transfer Station Construction
TOPICS (2) Order Receipt for Yufu City Refuse Transfer Station Construction Work On September 24, 2024, we received an order from Yufu City, Oita Prefecture, for work to construct a refuse transfer station in Yufu City in fiscal 2024. This project was planned because a new general waste treatment fa
Slide 38: without the Company’s permission is prohibited.
The forecasts in this document are based on information available as of the date of its publication. Actual results may differ from projected numbers due to various factors that could occur in the future. The copyright to this material belongs to Kyokuto Kaihatsu Kogyo Co., Ltd. Reproduction or dist
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