Mirait One Corporation · TSE:1417
Mirait One — MIRAIT Holdings — FY2013 Earnings Presentation
28 slides from Mirait One's earnings presentation, May 17, 2013
Slide 1: Presentation Materials for the Fiscal Year Ended March 31, 2013
Presentation Materials for the Fiscal Year Ended March 31, 2013 May 17, 2013 MIRAIT Holdings Corporation
Slide 2: Table of Contents
Table of Contents I. Financial Overview: FYE March 2013 III. Reference Materials 1. Financial Overview 4 1. Formation of the MIRAIT Group 17 2. Details of Net Sales 5 2. Overview of MIRAIT Holdings 18 3. Details of Operating Income 6 3. Business Overview 19-20 4. Major Efforts in the Fiscal Year End
Slide 3: I. Financial Overview
I. Financial Overview FYE March, 2013 MIRAIT Holdings Corporation
Slide 4: 1. Financial Overview
1. Financial Overview FYE March 2012 FYE March 2013 YoY Units: billions of (Ratio) (Ratio) (YoY Change) yen Earnings Highlights (a) (b) (b)-(a) + 26.0 Due to strong performance centered on the mobile Orders received 252.0 278.1 business, orders received increased by 26.0 billion yen to (+10.3%) 27
Slide 5: 2. Details of Net Sales
2. Details of Net Sales Net sales in the NTT business decreased by 2.2 billion yen due to a decrease in optical fiber work A significant increase of 20.9 billion yen in net sales in the mobile business due to expansion of LTE work and surrounding areas Net sales increased in the ICT/civil engi
Slide 6: 3. Details of Operating Income
3. Details of Operating Income Earnings increased by 3.5 billion yen due to factors increasing net sales The gross margin increased from 10.2% to 10.8% due to factors such as the recovery of the mobile business and reduction of administrative expenses, and earnings increased by 1.7 billion yen
Slide 7: 4. Major Efforts in the Fiscal Year Ended March 31, 2013
4. Major Efforts in the Fiscal Year Ended March 31, 2013 Item Details Results Increase in Bulk subcontracting of maintenance and operation of access facilities surrounding Increased sales • Number of areas; 2 areas → 10 areas (+8) businesses Expansion of pole renewal 2.3 billion yen (12.3 →14.6
Slide 8: Major Efforts: Mobile and ICT/Civil Engineering Business
Item Details Results Enhancement of management services for enterprises Expansion of industry-tailored solutions • 24-hour monitoring, operation and maintenance of servers and • Implementation of ICT equipment in educational facilities such as universities networks (Servers, networks) → Concentr
Slide 9: 5. Dividend Policy / 6. Assets, Liabilities and Net Assets
5. Dividend Policy The Company's basic dividend policy is to pay dividends consistently in consideration of its latest business performance and the trend of dividend payout ratio 20-yen per share dividend (10-yen interim dividend, 10-yen year-end dividend) for the FYE March 31, 2013 The total
Slide 10: II. Business Plan for the Fiscal Year Ending March 31, 2014
II. Business Plan for the Fiscal Year Ending March 31, 2014 MIRAIT Holdings Corporation
Slide 11: 1. Business Plan
1. Business Plan The Fiscal Year Ending March 31, 2014 will be the year in which the results of the effects of business reorganization completed in last October emerge the most We will achieve unified management of the group's business and optimization of management resource allocation to promot
Slide 12: 2. Efforts in the NTT Business
2. Efforts in the NTT Business <Environment> <Policy> Capital investment is declining due to the maturing of the fixed Actively engaging in Tohoku reconstruction and surrounding businesses such broadband market as work outside the area Conventional work is in decline, but updating of transmiss
Slide 13: 3. Efforts in the Mobile Business
3. Efforts in the Mobile Business <Environment> <Policy> Capital investment by mobile carriers has tended to be limited, but Strengthening our flexible nationwide operating structure as small-scale work there is a shift toward strengthening LTE equipment, etc. as increases smartphones spread U
Slide 14: 4. Efforts in the ICT/Civil Engineering Business
4. Efforts in the ICT/Civil Engineering Business <Environment> <Policy> Expansion of public investments through Abenomics, recovery in Promotion of ICT solutions (cloud computing, data centers, contact center corporate IT investment business, etc.) Increased energy-related demand such as solar
Slide 15: 5. Creation of Integration Effect through Business Reorganization
5. Creation of Integration Effect through Business Reorganization and Reduction of Administrative Expenses Maximizing the effects of reorganization enables the strategic flow of personnel and injection of personnel into growth areas In particular in NTT business, unified operation of the group w
Slide 16: III. Reference Materials
III. Reference Materials MIRAIT Holdings Corporation
Slide 17: 1. Formation of the MIRAIT Group
1. Formation of the MIRAIT Group In October 2010, a management integration was carried out by Daimei, Commuture and TODENTSU, which had conducted business creating communication infrastructure for over half a century as partners of telecommunications carriers. They established MIRAIT Holdings Corp
Slide 18: 2. Overview of MIRAIT Holdings
2. Overview of MIRAIT Holdings Established October 1, 2010 Capital stock 7 billion yen President (CEO) Masatoshi Suzuki [Total outstanding shares] 85,381,866 shares Shares [Unit] 100 shares Listed securities exchanges Tokyo Stock Exchange, Osaka Securities Exchange, First Section (Code No.: 1417) Ra
Slide 19: 3. Business Overview
3. Business Overview The Group conducts business in a wide range of areas including ICT, the environment and energy, based on the creation of communication infrastructure (fixed communication and mobile communication) that is its main business. (1) Business content (3) Net sales by business Busine
Slide 20: (4) Main operations
(4) Main operations Indoor and outdoor work Large-scale outdoor work (pole renewal, other) Construction of outdoor base station (LTE, 3G, etc.) NTT Public works (manholes, conduit facilities, public utility conduits) Mobile Construction of indoor base station Business Network line work B
Slide 21: 4. Overview of Group Companies
4. Overview of Group Companies As of March 31, 2013 Status of Group Reorganization MIRAIT Corporation <Headquarters location> Tokyo (Toyosu, Koto-ku) (Fiscal year ended March 31, 2013) <Consolidated net sales> 189.4 billion yen Merger DAIMEI +TODENTSU <Consolidated employees> 4,343 (Mar 31, 2013) Ju
Slide 22: 5. Exploitation of New Business Fields Using Methods including M&A
5. Exploitation of New Business Fields Using Methods including M&A In ICT, we intend to exploit new business fields mainly in the upper layer (software, cloud computing, etc.) In Civil Engineering, we will expand our business domain mainly in areas around existing business ICT Business Clients,
Slide 23: 6. Overview of Earnings by Segment
6. Overview of Earnings by Segment MIRAIT (Consolidated Basis) MIRAIT Technologies (Consolidated Basis) Units: billions of FYE March 2012 FYE March 2013 FYE March 2012 FYE March 2013 yen Change Change Full-year Full-year Full-year Full-year Ratio Ratio Ratio Ratio Results Results Results Results Net
Slide 24: 7. Performance and Key Performance Indicators
7. Performance and Key Performance Indicators Performance Units: billions of FYE March 2014 FYE March 2010 FYE March 2011 FYE March 2012 FYE March 2013 yen (Plan) Orders received 252.9 241.3 252.0 278.0 281.0 Net sales 255.2 246.6 236.0 271.0 280.0 Gross profit 27.8 24.3 24.0 29.3 31.0 Gross profit
Slide 25: Capital-related and Shareholder Return Indicators
Capital-related Indicators FYE March 2014 FYE March 2010 FYE March 2011 FYE March 2012 FYE March 2013 (Forecast) Equity ratio 65.1% 66.5% 65.3% 60.0% 60.8% Return on equity (ROE) 5.7% 3.8% 3.3% 4.1% 6.9% Shareholder Return Indicators FYE March 2014 FYE March 2010 FYE March 2011 FYE March 2012 FYE Ma
Slide 26: Cash Flows and Cash and Deposits / Interest-bearing Debt
Cash Flows Units: billions of yen FYE March 2010 FYE March 2011 FYE March 2012 FYE March 2013 Operating cash flow 0.8 3.6 5.4 - 1.6 Investment cash flow - 3.6 0.4 - 2.3 - 1.5 Financial cash flow - 7.9 - 7.1 - 2.1 - 2.4 Free cash flow - 2.8 4.0 3.1 - 3.1 Cash and Deposits/ Interest-bearing Debt Units
Slide 27: 8. Market Environment in the Mobile Business
8. Market Environment in the Mobile Business Since the start of this FY2012, mobile carriers have been accelerating LTE services. Mobile phone services using new frequency bands have also been started There are also plans to proceed with services in new frequency bands and LTE-Advanced from FY20
Slide 28: Precautionary Statement
Precautionary Statement Statements and quotes relevant to the forecasted values in this handout are the future prospects based on the plans and prospects of the Company at this point in time. The actual business results could be significantly different from those stated in this handout and briefing