Asanuma Corporation · TSE:1852

Asanuma — FY2024 Earnings Presentation

36 slides from Asanuma's earnings presentation, May 28, 2025

  1. Slide 1: FY2024 Financial Results Presentation

    Disclaimer: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. FY2024 (Fiscal Year Ended March 2025) Financial Results Presentation ASANUMA C

  2. Slide 2: Contents

    Contents 1 Business Performance & Financials 1. FY2024 Results p.4 2. Three-Year Medium-Term Plan: Performance & Capital Allocation p.11 3. Shareholder Returns p.13 Progress on KPIs & Initiatives 2 under the Three-Year Medium-Term Plan (FY2024 - 2026) 1. TOPICS p.15 2. Theme of the Three-Year Medium

  3. Slide 3: Business Performance & Financials

    1 Business Performance & Financials © 2025 Asanuma Corporation. 3

  4. Slide 4: FY2024 Results – Performance Highlights (Consolidated)

    1 Business Performance & Financials 1. FY2024 Results – Performance Highlights (Consolidated) ⚫ As a result of an increase in YoY and vs. Plan for orders, sales, and profit, the dividend is scheduled to increase from the initial plan of ¥35.0/share to ¥41.0/share (+¥6.0/share). ⚫ ROE exceeded the pl

  5. Slide 5: FY2024 Results – P/L (Consolidated)

    1 Business Performance & Financials 1. FY2024 Results – P/L (Consolidated) ⚫ Net sales increased by +9.4% YoY and +8.7% vs. initial plan, driven by smooth progress in construction projects. ⚫ The gross profit margin improved significantly (+1.5pts YoY, +0.3pts vs. plan) as a result of a “selective o

  6. Slide 6: FY2024 Results – B/S (Consolidated)

    1 Business Performance & Financials 1. FY2024 Results – B/S (Consolidated) ⚫ Accounts receivable and accounts payable increased due to the rise in net sales of completed construction contracts and construction backlog. Borrowings increased due to a rise in reimbursable costs (new financing). ⚫ Capit

  7. Slide 7: FY2024 Results – C/F (Consolidated)

    1 Business Performance & Financials 1. FY2024 Results – C/F (Consolidated) ⚫ Operating CF: Although there were cash outflows such as an increase in trade receivables (−¥8,509 million), this was offset by inflows including a rise in trade payables (+¥3,127 million) and advances received on uncomplete

  8. Slide 8: FY2024 Results – By Major Business Segment

    1 Business Performance & Financials 1. FY2024 Results – By Major Business Segment ⚫ Parent company – Building construction: Net sales of completed construction contracts exceeded the plan, driven by smooth project progress. The profit margin improved significantly due to reinforced selective order-t

  9. Slide 9: Orders Received (Non-Consolidated) by Customer

    1 Business Performance & Financials 1. FY2024 Results – Orders Received (Non-Consolidated) by Customer FY2023 FY2024 Results Results 3% (Unit: million yen) YoY (%) 13% 12% Total: Building construction 5% 11% & Civil engineering 168,393 169,334 +0.6 8% Government 32,178 41,934 +30.3 Private sector 13

  10. Slide 10: Orders Received (Non-Consolidated) by Construction Type

    1 Business Performance & Financials 1. FY2024 Results – Orders Received (Non-Consolidated) by Construction Type Other 11% Other 26% Renovation 12% Factories & Retail & Warehouses Water supply Entertainment 2% 37% 85% Erosion & Flood control & Sewerage 1% 40% Education & Research 4% Land development

  11. Slide 11: Three-Year Medium-Term Plan: Performance & Capital Allocation

    1 Business Performance & Financials 2. Three-Year Medium-Term Plan: Performance & Capital Allocation ⚫ Despite the increasing backlog of orders for building construction and civil engineering (non-consolidated) (details on p.8), in consideration of labor balance and economic uncertainty, the net sal

  12. Slide 12: Three-Year Medium-Term Plan: Performance & Capital Allocation

    1 Business Performance & Financials 2. Three-Year Medium-Term Plan: Performance & Capital Allocation ⚫ Cash of ¥18 - 20 billion to be generated over the three-year medium-term plan will be allocated to investment and shareholder returns. Cash In Cash Out Details (FY2024 - 2026) (FY2024 - 2026) • Und

  13. Slide 13: Shareholder Returns

    1 Business Performance & Financials 3. Shareholder Returns ⚫ Dividend increases planned for nine consecutive fiscal years. ⚫ The shareholder return policy under the current three-year medium-term plan is to “Maintain a dividend payout ratio of 70% or higher.” In addition, to create a more accessible

  14. Slide 14: Three-Year Medium-Term Plan (FY2024 to 2026)

    Three-Year Medium-Term Plan 2 (FY2024 to 2026) Progress on KPIs and Strategic Measures © 2025 Asanuma Corporation. 14

  15. Slide 15: TOPICS

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 1. TOPICS ⚫ The Netherlands Pavilion, for which we were responsible for construction at Expo 2025 Osaka, Kansai, has been successfully completed and the Expo opened on April 13, 2025. ⚫ A behind-the-scenes look at

  16. Slide 16: Themes of the Three-Year Medium-Term Plan

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 2. Themes of the Three-Year Medium-Term Plan ⚫ Six themes were selected as the themes we will focus on during the three years of the plan. Environment surrounding the construction industry in Japan For being a mor

  17. Slide 17: Progress on KPIs by Strategic Theme

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 3. Progress on KPIs by Strategic Theme ⚫ KPIs have been established for each strategic theme. FY2024 results indicate solid progress toward achieving our targets by the end of FY2026. Theme Financial/non-financial

  18. Slide 18: Initiatives by Strategic Theme (1/6)

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 4. Initiatives by Strategic Theme （1/6） Theme Key Initiatives (what we will focus on during the three years) • Strengthening Selective Order Intake We are further strengthening our selective order intake strategy

  19. Slide 19: Initiatives by Strategic Theme (2/6)

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 4. Initiatives by Strategic Theme （2/6） Theme Renovation Business Performance Trends (what we will focus on during the three years) • Overseas Renovations • Domestic Renovations （Results of Two Renovation-Focused

  20. Slide 20: Initiatives by Strategic Theme (2/6)

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 4. Initiatives by Strategic Theme （2/6） Theme Key Initiatives (what we will focus on during the three years) • Renovation proposal leveraging our proprietary technologies A client-approved renovation project based

  21. Slide 21: Initiatives by Strategic Theme (3/6)

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 4. Initiatives by Strategic Theme （3/6） Theme Key Initiatives (what we will focus on during the three years) • 【Acquisition】 We have relaunched our recruitment website under the new title: 'Numaru, Asanuma.' We ar

  22. Slide 22: Initiatives by Strategic Theme (4/6)

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 4. Initiatives by Strategic Theme （4/6） Theme Key Initiatives (what we will focus on during the three years) • Certified as a “DX-Certified Operator" *1 under the program established by the Ministry of Economy, Tr

  23. Slide 23: Initiatives by Strategic Theme (5/6)

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 4. Initiatives by Strategic Theme （5/6） Theme Key Initiatives (what we will focus on during the three years) • Strengthening Governance ➢ Introduced an interim dividend system (record date: September 30 each year)

  24. Slide 24: Initiatives by Strategic Theme (6/6)

    2 Three-Year Medium-Term Plan (FY2024 to 2026) Progress on KPIs and Strategic Measures 4. Initiatives by Strategic Theme （6/6） Theme Key Initiatives (what we will focus on during the three years) • We have submitted a commitment letter to the Science Based Targets initiative *1 (SBTi). In March 2024

  25. Slide 25: Appendix

    Appendix © 2025 Asanuma Corporation. 25

  26. Slide 26: Appendix 1/7 KPI calculation methods and past results

    Appendix 1/7 1 KPI calculation methods and past results Theme Financial/ (what we will focus on Calculation methods and past results during the three years) non-financial KPI ⚫ Where a construction performance evaluation is received (mainly Where the survey was government works) conducted • Using a

  27. Slide 27: Appendix 2/7

    Appendix 2/7 Theme Financial/ (what we will focus on Calculation methods and past results during the three years) non-financial KPI Calculation Gross profit ⚫ Gross profit (consolidated)/all employees' working hours (non-consolidated) method DX per hour worked 4 Promotion of DX 6,000 yen or higher P

  28. Slide 28: Appendix 3/7 Consolidated Financial Results

    Appendix 3/7 １．Consolidated Financial Results for the Fiscal Year Ended March 31 , 2025 2 FY2024 Financial Results - Consolidated - Orders: Driven by strong orders for large-scale domestic construction projects such as factories and warehouses, results significantly exceeded the initial plan by ⚫ Or

  29. Slide 29: Appendix 4/7 Non-Consolidated Financial Results

    Appendix 4/7 2．Non-Consolidated 3 FY2024 Financial Results –Financial Results for the Fiscal Year Ended March 31 , 2025 Non-Consolidated ■Non-Consolidated Statement of Income ■Non-Consolidated Balance Sheet (million yen) FY2022 FY2023 FY2024 FY2022 FY2023 FY2024 Results Results Plans Results YOY Rat

  30. Slide 30: Appendix 5/7 Results Overview of Group Companies

    Appendix 5/7 4 ３．Results Overview FY2024 Group of Group Companies Companies - SINGAPORE PAINTS： Although profit declined year-on-year, the company achieved its target. The plan for the next fiscal year (FY2025) is in line with FY2024 plan. ⚫ SINGAPORE PAINTS - Although profit declined year-on-year,

  31. Slide 31: Appendix 6/7 Forecast for FY2025

    Appendix 6/7 ４．Forecast 5 FY2025 for Forecast – the Fiscal and Consolidated yearNon-consolidated Ending March 31, 2026 ⚫ -Orders Orders: - With aWith strong backlog a strong backlogof oforders from orders from previous previous fiscal fiscal years, years, the the is company company isselective focus

  32. Slide 32: Appendix 7/7 Breakdown of Orders

    Appendix 7/7 6 FY2024 Breakdown of 5．Breakdown Orders– Non-consolidated of Orders （Non-Consolidated） （million yen） FY2023 FY2024 FY2023 FY2024 Proportion Proportion YOY Proportion Proportion YOY ■By Type of Business ■By Clients Building Public 18,376 12.6% 22,381 15.6% 4,005 Central 12,650 39.3% 24,

  33. Slide 33: MEMO

    MEMO © 2025 Asanuma Corporation. 33

  34. Slide 34: MEMO

    MEMO © 2025 Asanuma Corporation. 34

  35. Slide 35: MEMO

    MEMO © 2025 Asanuma Corporation. 35

  36. Slide 36: Contacts

    Contacts Asanuma Corporation Integrated Report 2024 Instagram Corporate Strategy and Planning Headquarters Corporate Communications Division MAIL asanuma_ir@asanuma.co.jp TEL 06-6585-5500 FAX 06-6585-5556 https://www.asanuma.co.jp/csr/report.html The plans, forecasts, or projections regarding future

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