Slide 1: Financial Results Briefing for First Half of FY 2022
MAX Co., Ltd. Financial Results Briefing for First Half of FY 2022 Announcement Date: November 4, 2021 Participants Mitsuteru Kurosawa, President Yoshihiro Kaku, Director / Senior Executive Officer Akio Kitaya, Executive Officer / General Manager, Finance & Accounting Dept. Nobuo Suda, General Manag
Slide 2: Table of Contents
Table of Contents Financial Results for the Entire Company in the First Half of FY 2022 Operating Results Forecast for FY 2022 1. Financial Results for the Entire Company in the First Half of FY 2022 19. Plan for Entire Company in FY 2022 2. Changes in Financial Results for the Entire Company in the
Slide 3: Financial Results for the Entire Company in the First Half of FY 2022
Financial Results for the Entire Company in the First Half of FY 2022
Slide 4: Financial Results for the Entire Company in the First Half of FY 2022
Financial Results for the Entire Company 1 in the First Half of FY 2022 ■ Exchange rates (H1 FY 2022) 1 USD = 109.92 JPY / 1 EUR = 131.18 JPY (H1 FY 2021) 1 USD = 106.83 JPY / 1 EUR = 120.90 JPY (Planned) 1 USD = 105.00 JPY / 1 EUR = 125.00 JPY (unit: millions of yen, %) Results in Results in % H1 f
Slide 5: Changes in Financial Results for the Entire Company in the First Half of FY 2018 to FY 2022
Changes 2 in Financial Results for the Entire Company in 2 the First Half of FY 2018 to FY 2022 ■ H1 FY 2018 ■ H1 FY 2019 ■ H1 FY 2020 ■ H1 FY 2021 ■ H1 FY 2022 ― Corresponding ratio (unit: millions of yen, %) 43.0 42.7 41.4 39.0 39.1 11.7 10.7 11.2 10.0 10.9 10.7 10.0 9.7 9.1 34,207 34,885 35,521 8
Slide 6: Changes in Financial Results for the Entire Company by Quarter
Changes 3 in Financial Results for the Entire 3 Company by Quarter Net sales for the entire company (unit: millions of yen, %) Rate of change in net sales YOY for the entire company 28,000 17.8 18.7 25 20 26,000 15 24,000 2.3 1.6 0.2 10 -3.2 -3.1 -4.8 5 22,000 -15.5 -12.3 0 -5 20,000 -10 18,357 -15
Slide 7: Factors for Increase/Decrease of Operating Income
Factors 2 for Increase/Decrease of Operating Income 4 (unit: millions of yen) Effect of exchange rates +¥123 million +¥806 million 189 495 1,441 3,810 2,430 762 639 Foreign Foreign Increase Increase exchange exchange Quantity in selling Increase in 3,004 3,004 gain/loss gain/loss increase price in c
Slide 8: Other Financial Information
Other 5 Financial Information 5 ■ Non-operating income/expenses and extraordinary income/loss (unit: millions of yen) H1 FY 2022 H1 FY 2021 YOY Non-operating -2 -85 +83 income/expenses Non-operating income (excluding foreign exchange 162 169 -6 effect) Non-operating expenses (excluding foreign excha
Slide 9: Strategic Investment for Mid- and Long-Term Business Growth
Strategic Investment for Mid- and Long-Term Business Growth 6 Priority Policy Contribute to business growth by expanding priority businesses and actively investing in the creation of new businesses Progress of strategic investment for business growth Cumulative investment amount over 3 years (FY 202
Slide 10: Economic Indicators
Economic Indicators 7 ■ Reference indices Domestic Number of new housing construction starts Although restrictions on some economic activities • Up 3.3% YOY for the period from January to June 2021 （Owner-occupied: +7.7%, Rental: +2.6%, Built-for-sale: +0.1%） continued due to the spread of COVID-19,
Slide 11: Financial Results for Individual Segments in the First Half of FY 2022
Financial Results for Individual Segments in the First Half of FY 2022
Slide 12: Financial Results for Individual Segments in the First Half of FY 2022
Financial Results for Individual Segments in the First Half 8 of FY 2022 (unit: millions of yen, %) Results in H1 for Results in H1 of % increase/ First-half plan Achievement rate FY under review previous FY decrease Industrial Equipment segment Net sales 25,368 20,888 +21.4 22,480 112.8 Segment pro
Slide 13: Changes in Segment Results by Quarter
Changes 8 in Segment Results by Quarter 9 ■ Net sales by Industrial Equipment segment ■ Net sales by Office Equipment segment ■ Net sales by HCR Equipment segment － Segment profit rate for Industrial Equipment segment ー Segment profit rate for Office Equipment segment ー Segment profit rate for HCR E
Slide 14: Industrial Equipment Segment: Financial Results for the First Half of FY 2022
Industrial Equipment Segment: Financial Results for the 10 First Half of FY 2022 ■ Domestic industrial equipment product operations ■ Overseas industrial equipment product operations ■ Residential environmental equipment operations ー Segment profit rate (unit: millions of yen, %) 14.9 15.5 12.9 25,3
Slide 15: Industrial Equipment Segment: Changes in Financial Results by Quarter
Industrial 12 Equipment Segment: Changes in Financial 11 Results by Quarter ■ Net sales in the domestic industrial equipment ■ Net sales in the overseas industrial ■ Net sales in the residential product operations equipment product operations environment operations － Rate of change in net sales YOY
Slide 16: Office Equipment Segment: Financial Results for the First Half of FY 2022
Office Equipment Segment: Financial ３せい Results for the 12 First Half of FY 2022 ■ Domestic office operations ■ Overseas office operations ■ Auto-stapler operations ー Segment profit rate 23.3 (unit: millions of yen, %) 14.6 15.0 10,970 8,749 4,516 7,922 3,189 2,765 2,463 1,803 2,128 LETATWIN tube ma
Slide 17: Office Equipment Segment: Changes in Financial Results by Quarter
Office 12 Equipment Segment: Changes in Financial 13 Results by Quarter ■ Net sales in the domestic office operations ■ Net sales in the overseas office ■ Net sales in the auto-stapler operations operations － Rate of change in net sales YOY for Office Equipment segment (unit: millions of yen, %) 8,0
Slide 18: HCR Equipment Segment: Financial Results for the First Half of FY 2022
HCR Equipment Segment: Financial Results for the 14 First Half of FY 2022 ■ Net sales by HCR Equipment segment ー Segment profit rate (unit: millions of yen, %) 0.0 -1.4 -9.5 1,397 1,404 1,229 Multifunction wheelchairs: Modern Series Functionally sophisticated wheelchairs: Equipped with a footsteps a
Slide 19: HCR Equipment Segment: Changes in Financial Results by Quarter
HCR12 Equipment Segment: Changes in Financial Results 15 by Quarter ■ Net sales by HCR Equipment segment － Rate of change in net sales YOY for HCR Equipment segment (unit: millions of yen, %) 1600 30.0 25.0 17.2 13.5 20.0 1400 11.5 15.0 6.8 10.0 3.1 0.6 5.0 1200 -2.4 0.0 -7.0 -8.7 -5.0 1000 -15.5 -1
Slide 20: Changes in Quarterly Net Sales by Overseas Region
Changes 12 in Quarterly Net Sales by Overseas Region 16 ■ Net sales in North America ■ Net sales in Europe ■ Net sales in Asia ー Total overseas net sales (rate of change YOY) (unit: millions of yen, %) 38.5 35.6 10,000 10.3 4.1 5.6 -1.8 1.1 -1.8 -4.1 8,006 8,000 -16.4 7,217 1,864 6,232 6,205 5,838 5
Slide 21: Priority Business: Overview of Rebar Tying Tools Business
Priority 12 Business: Overview of Rebar Tying Tools Business 17 Sales of tools for concrete structures were strong, centered on the rebar tying tools business • Sales of tools for domestic and overseas concrete structures: ¥11.4 billion (+42.8% year-on-year) • Number of concrete material dealers com
Slide 22: Investment Plan
Investment 5 Plan 18 Made a decision to construct a new factory in Thailand for manufacturing consumables for rebar tying tools Thai Factory No. 3 Currently, in our Thai factories, Factory No. 1 mainly Scheduled site for construction of new factory manufactures staplers and nailers, and Factory No.
Slide 23: Operating Results Forecast for FY 2022
Operating Results Forecast for FY 2022
Slide 24: Plan for Entire Company in FY 2022
Plan for Entire Company in FY 2022 19 (unit: millions of yen, %) % Current plan Initial plan Results in Difference increase/ (Oct. 29, 2021) (Apr. 28, 2021) previous FY decrease Net sales 72,600 67,400 5,200 64,029 +13.4 Operating income 7,600 7,100 500 6,685 +13.7 Corresponding ratio 10.5 10.5 10.4
Slide 25: Segment Plans in FY 2022
Segment Plans in FY 2022 20 (unit: millions of yen, %) Current Plan Initial Plan Results in % increase/ Difference (Oct. 29, 2021) (Apr. 28, 2021) previous FY decrease Industrial Equipment segment Net sales 51,000 45,650 5,350 44,300 +15.1 Segment profit 7,630 6,750 880 6,652 +14.7 Segment profit ra
Slide 26: Dividend Policy: Payout Ratio and Dividends to Net Assets Ratio
Dividend 12 Policy: Payout Ratio and Dividends to 21 Net Assets Ratio Based on consolidated financial results, seek to “maintain a minimum of (unit: %) 40% payout ratio with a target ratio of dividends to net assets of 3.0%.” 170 161.3 20.0 160 ― Payout ratio (left axis) 19.0 18.0 150 ― Dividends to
Slide 27: Dividends Policy: Dividends per Share
Dividends 12 21 Policy: Dividends per Share 22 (unit: yen) 60 50 50 48 46 44 42 42 40 39 36 36 36 36 36 36 36 37 35 31 30 26 24 21 22 22 22 22 22 22 22 20 19 10 0 FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 200
Slide 28: Reference Materials
Reference Materials
Slide 29: Changes in Quarterly Segment Net Sales by Overseas Region (North America)
Changes 12 in Quarterly Segment Net Sales by Overseas 23 Region (North America) ■ Net sales by Industrial Equipment segment ■ Net sales by Office Equipment ー Rate of change in net sales YOY in North segment America (unit: millions of yen, %) 53.5 4,000 39.3 20.7 23.7 3,500 4.5 8.6 9.8 9.2 20.0 -2.6
Slide 30: Changes in Quarterly Segment Net Sales by Overseas Region (Europe)
Changes 12 in Quarterly Segment Net Sales by Overseas 24 Region (Europe) ■ Net sales by Industrial Equipment segment ■ Net sales by Office Equipment ー Rate of change in net sales YOY in segment Europe (unit: millions of yen, %) 3,500 63.9 46.7 50.0 3,000 18.7 21.0 17.7 376 345 2.0 -3.1 1.5 -6.3 401
Slide 31: Changes in Quarterly Segment Net Sales by Overseas Region (Asia Excluding Japan)
Changes 12 in Quarterly Segment Net Sales by Overseas 25 Region (Asia Excluding Japan) ■ Net sales by Industrial Equipment segment ■ Net sales by Office Equipment segment ■ Net sales by HCR Equipment segment ー Rate of change in net sales YOY in Asia (unit: millions of yen, %) 32.1 3,500 40.0 16.6 5.
Slide 32: Main Products in Industrial Equipment Product Operations and Office Operations
Main Products in Industrial Equipment Product 26 Operations and Office Operations Industrial equipment product operations Tools for wooden structures Tools for concrete structures ＡＦ (Agriculture/Food) Nailers TWINTIER rebar Branch induction tying tools binders for horticulture Air compressors Concr
Slide 33: Product Breakdown of Domestic/Overseas Industrial Equipment Product Operations
Product Breakdown of Domestic/Overseas Industrial 27 Equipment Product Operations Product breakdown of Product breakdown of domestic industrial equipment overseas industrial equipment product operations product operations 4% 3% 2% 9% 10% 10% 21% 23% 24% 77% 79% 82% 70% 67% 66% ■ ＡＦ (Agriculture/Food
Slide 34: Product Breakdown of Domestic/Overseas Office Operations
Product Breakdown of Domestic/Overseas 28 Office Operations Product breakdown of Product breakdown of domestic office operations overseas office operations 1% 2% 2% 25% 23% 23% 43% 52% 54% 41% 43% 45% 56% ■ Other 46% 44% 34% 34% ■ Labelling and signage products 32% ■ Stationery-related products FY 2
Slide 35: The contents listed in this document are based on information currently available to the
The contents listed in this document are based on information currently available to the Company and certain assumptions that are deemed as reasonable. Please be aware that actual future business results, etc., may differ considerably depending on various factors.