Daifuku Co., Ltd. · TSE:6383

Daifuku — H1 FY2022 Earnings Presentation

23 slides from Daifuku's earnings presentation, Nov 8, 2022

  1. Slide 1: Consolidated Financial Results

    Consolidated Financial Results First Half of the Fiscal Year Ending March 31, 2023 (April 1, 2022 - September 30, 2022) November 8, 2022 DAIFUKU CO., LTD.

  2. Slide 2: Contents

    Contents 1 Financial Highlights p. 2 Earnings Forecast p. 15 Topics p. 18 © 2022 Daifuku Co., Ltd.

  3. Slide 3: Financial Highlights

    2 Back to contents Financial Highlights © 2022 Daifuku Co., Ltd.

  4. Slide 4: Fiscal 2022 H1 Highlights

    Fiscal 2022 H1 Highlights (April 1, 2022 – September 30, 2022) 3 (Billion yen) Revised on  Orders, sales, operating income, FY2021 H1 FY2022 H1 Y/Y change Y/Y rate August 8, 2022 and ordinary income reached new record highs for the first half of Orders 267.2 390.0 400.1 +132.8 +49.7％ the fiscal yea

  5. Slide 5: Increase/Decrease in Operating Income

    Increase/Decrease in Operating Income 4 (Billion yen) [Reference] Effect of exchange rate changes Sales: +15.0 billion yen Increase in gross Increase in SG&A Effect of exchange margin ratio expenses rate changes Increase in sales 2.54 -2.50 0.79 3.29 Exchange rate FY2021 H1 FY2022 H1 US dollar 108.4

  6. Slide 6: Results by Reportable Segment

    Results by Reportable Segment (April 1, 2022 – September 30, 2022) 5 (Billion yen) Segment income  Daifuku: Orders Net sales (Orders from external customers) (Sales to external customers) (Net income attributable to shareholders Orders increased significantly in of the parent company) cleanroom sys

  7. Slide 7: Consolidated Balance Sheets

    Consolidated Balance Sheets 6 (Billion yen) March 31, September March 31, September  Total assets: Change Change 2022 30, 2022 2022 30, 2022 Increased ¥36.8 billion Current assets 381.3 403.9 +22.6 Current liabilities 173.6 182.0 +8.4 [Factors] Cash on hand and Notes and accounts in banks 118.7 84.

  8. Slide 8: Consolidated Statements of Cash Flows

    Consolidated Statements of Cash Flows 7 (Billion yen)  Cash used by operating activities: FY2021 H1 FY2022 H1 Y/Y change ¥18.5 billion [Factors] Cash flows from operating activities 27.4 -18.5 -46.0 Income before income taxes: ¥22.9 billion Increase in notes and accounts Cash flows from investing a

  9. Slide 9: Orders and Sales by Destination

    Orders and Sales by Destination (April 1, 2022 – September 30, 2022) 8 (Billion yen) Orders Sales  Japan: FY2021 H1 FY2022 H1 FY2021 H1 FY2022 H1 Sales were favorable, underpinned Y/Y change Y/Y change by an extensive order backlog Orders Composition Orders Composition Sales Composition Sales Compo

  10. Slide 10: Orders and Sales by Industry

    Orders and Sales by Industry (April 1, 2022 – September 30, 2022) 9 (Billion yen) Orders Sales  Electronics: FY2021 H1 FY2022 H1 FY2021 H1 FY2022 H1 Orders and sales reflected the Y/Y change Y/Y change continued robust demand for capital investment for Orders Composition Orders Composition Sales Co

  11. Slide 11: Quarterly Orders, Sales, and Operating Margin

    Quarterly Orders, Sales, and Operating Margin 10 (Billion yen) 14. 0% Orders Sales Operating margin 12.1% 11.4% 12. 0% 10.0% 9.6% 9.2% 8.9% 8.7% 10. 0% 7.9% 7.9% 8.0% 8.0 % 6.0 % 4.0 % 2.0 % 0.0 % Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY2020 FY2021 FY2022 Orders 104.9 84.4 149.4 112.3 138.4 128.8 174.1 147.

  12. Slide 12: Order Backlogs

    Order Backlogs 11 (Billion yen) 574.2 581.8 532.3 451.8 447.0 388.8 389.9 393.2 398.9 375.0 357.2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2020 FY2021 FY2022 © 2022 Daifuku Co., Ltd.

  13. Slide 13: Service Sales

    Service Sales 12 (Billion yen) Service sales Ratio to net sales 28% 27% 30% 26% 27% 27% 27% 25% 24% 25% 22% 25% 20% 15% 39.2 34.5 34.8 34.5 36.4 32.9 28.7 30.5 28.9 10% 25.5 5% 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY2020 FY2021 FY2022 Sales 119.4 136.0 159.4 (Forecast) © 2022 Daifuku Co., Ltd.

  14. Slide 14: Orders by Industry

    Orders by Industry 13 (Billion yen) FY2020 FY2021 FY2022 Y/Y Q2 Q2 Q1 Q2 Q3 Q4 Q1 Q3 Q4 Q1 Composition Change (a) (b) Industry (b-a) Automobile, auto parts 15.1 8.8 11.1 13.9 15.3 17.0 13.0 12.0 18.0 22.4 11.8％ +5.3 Electronics 31.3 30.8 34.8 32.5 44.9 41.6 75.3 71.5 98.4 87.2 46.1％ +45.5 Commerce,

  15. Slide 15: Sales by Industry

    Sales by Industry 14 (Billion yen) FY2020 FY2021 FY2022 Y/Y Q2 Q2 Q1 Q2 Q3 Q4 Q1 Q3 Q4 Q1 Composition Change Industry (a) (b) (b-a) Automobile, auto parts 18.4 20.7 21.5 19.3 13.7 13.9 15.0 16.2 11.5 14.7 10.0％ +0.7 Electronics 33.3 31.0 34.2 38.3 40.0 31.9 35.7 43.6 43.2 52.6 35.9％ +20.6 Commerce,

  16. Slide 16: Earnings Forecast

    15 Back to contents Earnings Forecast © 2022 Daifuku Co., Ltd.

  17. Slide 17: Fiscal 2022 Forecast (Consolidated)

    Fiscal 2022 Forecast (Consolidated) 16 (Billion yen) FY2022 (Forecast) FY2021 (a) Revised on Revised on Announced on Change Y/Y change Y/Y rate August 8, 2022 November 8, May 13, 2022 (c-b) (c-a) ((c-a)/a) (b) 2022 (c) Orders 589.0 600.0 630.0 710.0 +80.0 +120.9 +20.5% Net sales 512.2 565.0 565.0 58

  18. Slide 18: Dividends

    Dividends 17 (Yen) Interim Year-end Consolidated payout ratio 33.6% 31.6% 33.1% 31.1% 40. 0% 140 28.6% 30. 0% 105 120 20. 0% 90 90 65 100 10. 0% 80 80 60 75 55 0.0 % 50 45 -10.0% 60 -20.0% 40 40 35 -30.0% 20 30 30 30 -40.0% 0 -50.0% FY2018 FY2019 FY2020 FY2021 FY2022 (Plan) © 2022 Daifuku Co., Ltd.

  19. Slide 19: Topics

    18 Back to contents Topics © 2022 Daifuku Co., Ltd.

  20. Slide 20: New manufacturing plant for airport systems begins operations in the U.S.

    New manufacturing plant for airport systems begins operations in the U.S. 19 In October 2022, our Group company Jervis B. Webb Company’s new manufacturing plant was completed in Boyne City, Michigan, to manufacture products for airport baggage handling products and automatic guided vehicles. In addi

  21. Slide 21: Daifuku delivers the latest system to Kansai International Airport

    Daifuku delivers the latest system to Kansai International Airport 20 In October 2022, we delivered the latest baggage handling system and centralized monitoring system to Terminal 1 (domestic flights) of Kansai International Airport, which is undergoing extensive renovations in anticipation of the

  22. Slide 22: Shiga Works switches to 100% use of renewable energy

    Shiga Works switches to 100% use of renewable energy 21 Shiga Works, our largest core factory in Japan, has switched to using renewable energy sources for all of the electricity it uses from this November, including power from a mega solar farm it has been operating since 2013. When converted to CO2

  23. Slide 23: Cautionary Statement with Respect to Forward-Looking Statements

    Cautionary Statement with Respect to Forward-Looking Statements The strategies, beliefs and plans related to future business performance as described in this document are not established facts. They are business prospects based on the assumptions and beliefs of the management team judging from the m

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