Sumitomo Heavy Industries, Ltd. · TSE:6302
Sumitomo Heavy Industries — FY2013 Earnings Presentation
15 slides from Sumitomo Heavy Industries's earnings presentation, May 9, 2014
Slide 1: Financial Summary for FY2013 and Projections for FY2014
1 Financial Summary for FY2013 and Projections for FY2014 President and CEO Shunsuke Betsukawa May 9, 2014
Slide 2: Management Policies FY2014
2 Management Policies FY2014 Set FY2014 as a year to get on the growth track as the first year of the “Medium-Term Management Plan 2016”. Continue steady management for sustainable growth. Achieve Net Sales JPY650 billion and Operating Income JPY37 billion as commitment figures. ・ Recover earn
Slide 3: Financial Summary for FY2013
3 Financial Summary for FY2013 Key points Unit: JPY billion (1) Orders ・Orders increased for all segments in comparison with the previous term. 2012 2013 Change ・Exceeded JPY650 billion for the first time since the global financial crisis. Orders 550.7 658.2 107.5 (2) Net sales Net sales 585.9 615
Slide 4: Operating Income by Segment
4 Operating Income by Segment Unit: JPY billion Comparisons with previous fiscal year 2012 2013 Change <Machinery components> Profits increased significantly due to Machinery the recovery of overseas markets and components 2.8 5.9 3.1 good domestic market conditions. <Precision machinery> Precisio
Slide 5: Change in Operating Income (FY2012 to FY2013)
5 Change in Operating Income (FY2012 to FY2013) Sales administrative Unit: JPY billion Impact of costs, etc. increased +1.5 sales +5.1 Impact of Currency exchange rate fluctuations 34.3 +1.8 Impact of decreased 31.3 Income in ship business -5.4 2012 2013 May 9, 2014
Slide 6: Consolidated Balance Sheet
6 Consolidated Balance Sheet Unit: JPY billion Net assets exceeded JPY300 billion for the first time. The equity ratio reached 45.1%. Investments and other assets increased due to adding credits for leasing of construction machinery. End March End March End March End March Change Change 2013 201
Slide 7: Consolidated Cash Flow Statement
7 Consolidated Cash Flow Statement Unit: JPY billion Working capital made a favorable turn due to increased advanced payments received and accounts payable. Category FY2012 FY2013 Change Operating activities 2.7 63.7 61.0 Income before income taxes and minority interests 10.8 31.3 20.5 Depreciatio
Slide 8: Performance Forecast for FY2014
8 Performance Forecast for FY2014 Net Sales and Income increase in FY2014. Annual dividends JPY7 for FY2013, and JPY9 for FY2014. Unit: JPY billion Record Record Forecast Forecast Record Forecast 1H-FY13 2H-FY13 1H-FY14 2H-FY14 FY2013 FY2014 Orders 306.5 351.7 320.0 330.0 658.2 650.0 Net Sales 2
Slide 9: Machinery Components
9 Machinery Components Orders, Net Sales FY2013 : Orders and net sales increased due to good domestic market conditions, in addition to the recovery of market conditions overseas. Demands for large-sized gearboxes for natural resource-related application continued with a downturn. FY2014 : Domestic
Slide 10: Precision Machinery
10 Precision Machinery Orders, Net Sales <Plastic machinery> FY2013 : In addition to the good conditions in electronic and electrical fields primarily in Asia, orders and net sales increased in Europe. FY2014 : The electronic and electrical related demand is currently good in Asia, but there will be
Slide 11: Construction Machinery
11 Construction Machinery Orders, Net Sales <Hydraulic excavators> FY2013 : The condition of domestic market was favorable due to the reconstruction demand and exhaust gas regulations. Orders received temporarily decreased in North America due to inventory adjustment. Orders increased in comparison
Slide 12: Industrial Machinery
12 Industrial Machinery Orders, Net Sales FY2013 : With regard to industrial equipment business, two orders received for proton beam cancer therapy systems. Orders received for large-scale material handling facilities, which were intended for domestic and overseas power plants. The orders for turbin
Slide 13: Ships
13 Ships Orders FY2013 : Orders for two Aframax tankers were received in the first and third quarters respectively, while an order for one vessel was received in the fourth quarter. This resulted in a backlog of six vessels at the end of FY2013. FY2014 : Although the foreign currency exchange rates
Slide 14: Environmental Facilities and Plants
14 Environmental Facilities and Plants Orders, Net Sales FY2013 : Orders and net sales increased for boilers, due to the strong demand of domestic biomass related projects. Orders and net sales increased for water treatment business, due to the favorable domestic market trend. FY2014 : Boilers for d
Slide 15: Performance Forecast for FY2014 by Segment
15 Performance Forecast for FY2014 by Segment Key Points Unit: JPY billion (1) Orders remain above JPY 650 billion as in FY2013. (2) Net sales remain at the same levels or increase in all segments. (3) Operating income increase overall. A decrease with construction machinery is offset by other seg
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