Nikkon Holdings Co., Ltd. · TSE:9072
Nikkon — FY2020 Earnings Presentation
34 slides from Nikkon's earnings presentation, Jun 2, 2021
Slide 1: Financial Results for the Fiscal Year Ended March 31, 2021
NIKKON Holdings Co., Ltd. Security：9072 Financial Results for the Fiscal Year Ended March 31, 2021 June 2, 2021 1
Slide 2: Table of Contents
Table of Contents １ Financial Results P.3 ２ Growth Strategy P.10 ３ Mid-Term Management Plan P.20 4 Shareholder Returns P.23 2
Slide 3: Financial Results
NIKKO ee Financial Results
Slide 4: Summary of Financial Results
Summary of Financial Results ■Trend of Japanese economy ■ Logistics industry In H1 of the year Domestic cargo transportation The Japanese economy was affected volume was generally sluggish due by the global spread of COVID-19, to stagnant production activity and which greatly restricted the a dr
Slide 5: Financial Results: Consolidated Statement of Earnings
Financial Results：Consolidated Statement of Earnings Consolidated Financial Results for the Year Ended March 31, 2021 （Million （百万円） of yen） Net sales 220,000 （Million Forecast Comparison 199,512 2020/3 2021/3 YoY 200,000 182,536 of yen） Forecast Gained 180,000 160,000 Net sales 199,512 182,536 -8.5
Slide 6: Consolidated Net Sales and Operating Profit by Reportable Segment
Financial Results：Consolidated Net Sales and Operating Profit in by Reportable Segment Segment Net sales Operating profit Profit decreased due to the impact of the decrease in sales, despite the Transportation Sales decreased due to an decrease in cargo volume. decrease in personnel, fuel, and outso
Slide 7: Consolidated Net Sales by Industry / Regions
Financial Results：Consolidated Net Sales by Industry / Regions Sales decreased due to a decrease in production and sales Sales decreased due to a decline in business Automobile volume by automobile manufacturers caused by a shortage Japan volume in the automobile, housing, and of semiconductors and
Slide 8: Financial Results: Consolidated Financial Indicators
Financial Results: Consolidated Financial Indicators Total assets Main change Property, plant and equipment increased JPY18,214 million due to capital investment. factors Investment securities rose JPY4,707 million due to an increase of the cross- shareholdings’ market value. As a result of an
Slide 9: Financial Results: Consolidated Cash Flows
Financial Results：Consolidated Cash Flows 2020/3 Free C/F ＋6,034 （Million of yen） ＋25,901 Net Change ＋5,588 －19,867 －584 ＋139 30,820 25,231 Cash flows from Cash flows from investing activities Cash flows from Other Beginning operating activities End of year financing activities of year ・Purchase of
Slide 10: Growth Strategy
NIKKO (2) Growth strategy 10
Slide 11: Capital Expenditures (Consolidated Basis)
Growth Strategy: Consolidated Capital Expenditures Capital Expenditures (Consolidated Basis) (Millions of yen) (Millions of yen) 40,000 33,087 28,344 30,000 25,914 23,216 18,984 20,000 16,548 15,213 10,000 0 2015/3 2016/3 2017/3 2018/3 2019/3 2020/3 2021/3 11
Slide 12: Consolidated Capital Expenditure Breakdown
Growth Strategy：Consolidated Capital Expenditure Capital Expenditure “Year Ended Mar. 31, 2021” (Consolidated) Amount Breakdown （Million of yen） Descriptions 251 units Operating Fleets 2,019 (additional trucks or replacements) Buildings 9,388 Warehouses etc. Lands 9,910 Land for business ・Constructi
Slide 13: Add 6 new warehouses in Japan, Total 54,937㎡
Growth Strategy: Consolidated Capital Expenditures 【Completed Warehousing in Japan】 Construction of warehousing and development centers in Japan for the fiscal year ended March 2021 (Consolidated Basis) Date of Facility NO. Company Name Location Completion Property Area Application NIPPON KONPO UNYU
Slide 14: Office Building and Land Acquisition
Growth Strategy: Consolidated Capital Expenditure 【Office Building and Land Acquisition】 Income-producing real estate acquired in the fiscal year ended March 31, 2021 Date of NO. Company Name Address Property Facility area Applications acquisition Land & Income- NIKKON Holdings Chuo-ku, Tokyo 1 Oct.
Slide 15: Construction of warehouses ongoing
Growth strategy: Capital Expenditures 【Construction of warehouses, etc. ongoing】 Ongoing Capital Expenditures (Consolidated Basis) as of Mar. 31, 2021 Date of Warehouse NO. Company name Location Completion Property Application area plan NIPPON KONPO UNYU Storage of tire 1 SOKO CO.,LTD. Niigata Niiga
Slide 16: Our efforts in reverse logistics
Growth strategy：Our efforts in reverse logistics ◆Environmental Policy ◆Social Activity Policy Details of initiatives Group goals SDGs Goal Target Details of initiatives Group goals SDGs Goal Target Modal Shift Up 2% yoy 7、7.2 Increase in the Acquisition of 13、13.3 percentage of female actual result
Slide 17: Initiatives in the consolidated cargo transportation business
Growth strategy：Our initiatives in the consolidated cargo transportation business ●Business Description：Consolidated cargo transportation business in domestic ●Target area：Pickup・24 Pref.、Delivery・47 Pref. ●System：Domestic 24 Sites＋Consolidated cargo transportation management department in Head offi
Slide 18: Our efforts in reverse logistics
Growth strategy：Our efforts in reverse logistics ● From April 2020, we began collecting waste lithium batteries from 4-wheeled vehicle manufacturers. Car dealerships etc. Collecting sites Transporter Pick-up address Request pick up and Request pick up Pick up delivery 10,000～15,000 places (JAPAN) ※N
Slide 19: Our efforts to introduce systemization
Growth strategy：Our efforts to introduce systemization. We have introduced a shelf-flowing warehouse robot to our group’s own warehouse. The newly introduced robot is capable of automatically calculating the placement and storage of shelves with high shipping frequency in the warehouse area closer t
Slide 20: Mid-Term Management Plan
３ Mid-Term Management Plan 20
Slide 21: First year of the 12th Medium-Term Management Plan ①
Med-Term Management Plan：In the first year of in the 12th Medium-Term Management Plan① Net Sales Operating profit (Unit: billions of yen) (Unit: billions of yen) 2,400 2,300 240 230 2,200 220 210 2,000 2,000 ＋15.0% 200 ＋9.5% 1,825 181 1,800 ＋9.6% 180 ＋15.4% 1,600 －8.5% 160 －12.9% 1,400 140 Year2021年
Slide 22: First year of the 12th Medium-Term Management Plan ②
Med-Term Management Plan：In the first year of in the 12th Medium-Term Management Plan② Results of the 12th Medium-Term Management Plan (April 2020 to March 2021) [NIKKON Holdings: Priority Issues and Results of Measures] Creation of domestic ・Promotion of expansion of consolidated cargo transportati
Slide 23: Shareholder Returns
NIKKO (4) Shareholder Returns 23
Slide 24: Trends in dividends and consolidated dividend payout ratio
Shareholder returns: Trends in dividends and consolidated dividend payout ratio As for dividends for the fiscal year ended March 31, 2021, the annual dividend per share was JPY67（YoY－JPY9）. The projected annual dividend for the fiscal year ending March 31, 2022 is JPY69. （Yen） JPY53 JPY60 JPY65
Slide 25: For IR inquiries
For IR inquiries NIKKON Holdings Co., Ltd. Stock Section, General Affairs Department 6-17 Akashi-cho, Chuo-ku, Tokyo TEL (03)3541-5330 (Representative) FAX (03)3546-3659 http://www.nikkon-hd.co.jp E-mail:kouhou@nikkon.co.jp ◆ Forward-looking statements in this presentation, including earnings foreca
Slide 26: Reference Materials
NIKKO Reference Materials 26
Slide 27: Company Overview: Corporate Profile
Company Overview：Corporate Profile Company Name NIKKON Holdings Co.,Ltd. E s t a b l i s h e d August 27, 1953 H e a d O f f i c e 6-17 Akashi-Cho, Chuo-ku, Tokyo, Japan Representative Masakatsu Kuroiwa President C a p i t a l s t o c k JPY11,316 million (As of March 31, 2021) Number of 12,212 (Cons
Slide 28: Company Overview: Our History
Company Overview：Our History ■Sales trends and History Oct.2015 Company name changed to NIKKON Holdings Co., Ltd. （Billion of yen） Nov.2015 Established company in Malaysia 200 Jan.2014 Acquired shares of Ito Express Co., Ltd. Mar.2013 Acquired shares of Shinei Warehouse Co., Ltd. 180 Dec.2010 Acquir
Slide 29: Domestic Operating Sites
Company Overview：Domestic operating Sites（As of Mar. 31,2021） 45 domestic affiliates Hokkaido area Tomakomai (NK) Number of domestic operating sites 279 Ebetsu 〃 【Legend】 Takasu Center 〃 Sapporo shinbun yuso Co.,Ltd. NIKKON Holdings Co,. Ltd. Head office Hokkai Logistics service Co.,Ltd. Touhoku are
Slide 30: Overseas Offices
Company Overview：Overseas Offices（As of Mar. 31, 2021） Overseas locations 9 Countries 29 Companies ・NIKKON CHINA LOGISTICS CO.,LTD ・NK PARTS INDUSTRIES，INC. ・FUTIAN-NIKKON LOGISTICS ・NK AMERICA INC. (GUANGZHOU) CO.,LTD. ・Other 4 Companies ・Others 2 Companies ・NKP MEXICO.S.A.DE C.V. ・NK LOGISTICA MEX
Slide 31: Historical Financial Data: Net Sales, Operating Profit, Operating Profit Ratio
Historical Financial Data: Net Sales・Operating Profit・Operating Profit Ratio (Million of yen) (％) 200,000 Net Sales Operating Profit Operating Profit Ratio 12.0 10.5 180,000 10.1 10.1 10.1 10.1 10.0 9.6 10.0 160,000 9.0 8.9 140,000 7.8 7.3 8.0 120,000 100,000 197,693 199,512 6.0 187,819 182,536 174,
Slide 32: Historical Financial Data: Net Sales, ROE, ROA
Historical Financial Data：Net Sales ROE・ROA (Million of yen) (％) 200,000 Net Sales ROE ROA 197,693 199,512 15.0 187,819 179,312 182,536 180,000 174,031 170,076 165,205 160,000 12.0 140,511 140,000 130,717 122,786 8.8 120,000 8.2 8.1 8.2 8.2 9.0 8.0 7.5 7.3 7.1 100,000 5.7 80,000 5.4 5.2 6.0 4.9 4.9
Slide 33: Historical Financial Data: Shareholder's Equity and Equity Ratio
Historical Financial Data: Shareholder’s Equity, Shareholder’s Equity-to-Total Asset Ratio (Million of yen) (％) 220,000 Shareholder's Equity Shareholder's Equity-to-Total Asset Ratio 100.0 200,000 180,000 70.7 75.0 160,000 67.6 65.7 64.0 64.8 64.5 62.5 62.6 63.7 63.3 61.0 140,000 120,000 50.0 100,00
Slide 34: Balance Sheet
Balance Sheet （Million of yen） 2019/3 2020/3 2021/3 2019/3 2020/3 2021/3 Total current assets 69,401 73,464 74,542 Total current liabilities 51,458 54,474 46,269 Notes and accounts Cash and deposits 16,940 31,502 31,399 11,330 11,265 9,799 payable-trade Notes and accounts Electronically recorded 33,