Nikkon Holdings Co., Ltd. · TSE:9072
Nikkon — FY2019 Earnings Presentation
34 slides from Nikkon's earnings presentation, Jun 3, 2020
Slide 1: Financial Results for the Fiscal Year Ending March 31, 2020
NIKKON Holdings Co., Ltd. Security :9072 Financial Results for the Fiscal Year Ending March 31, 2020 June 3, 2020 1
Slide 2: Table of Contents
Table of Contents 1 Financial Results P.3 2 Growth Strategy P.10 3 Shareholder Returns P.19 4 Mid-Term Management Plan P.22 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 First half of the fiscal year Chronic labor shortage A gradual recovery trend due to Intensifying competition improvements in corporate First half of the fiscal year profits, employment and the Domestic freight vol
Slide 5: Consolidated Statement of Earnings
Financial Results：Consolidated Statement of Earnings Consolidated Financial Results for the Year Ended March 31, 2020 （Million （百万円）of yen） Net sales 220,000 197,693 199,512 （Million Forecast Comparison 200,000 2019/3 2020/3 YoY of yen） Forecast Gained 180,000 Net sales 197,693 199,512 +0.9% 205,000
Slide 6: 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 an increase in personnel Transportation Sales increased due to an increase in cargo volume. expenses and depreciation expenses. Sales increased due to the
Slide 7: Consolidated Net Sales by Industry / Regions
Financial Results：Consolidated Net Sales by Industry / Regions Sales decreased due to a decrease in the Sales increased mainly due to increased business Automobile volume of operations caused by a decrease in Japan volume in housing and agricultural machinery. production by customers. Sales decrease
Slide 8: Consolidated Financial Indicators
Financial Results: Consolidated Financial Indicators Total assets Main change Property, plant and equipment increased JPY 5,403 million due to capital factors investment. Cash and deposits and marketable securities increased JPY 5,182 million due to fund procurement during the period. Investme
Slide 9: Consolidated Cash Flows
Financial Results：Consolidated Cash Flows 2019/3 Free C/F ＋8,445 ＋25,337 －16,892 （Million of yen） Net Change －3,071 －11,659 28,302 Cash flows from ＋143 25,231 Beginning Cash flows from investing activities operating activities Cash flows from End of year of year Other financing activities ・Purchase
Slide 10: Growth Strategy
NIKKO 2) Growth strategy 10
Slide 11: Consolidated Capital Expenditures
Growth Strategy: Consolidated Capital Expenditures Capital Expenditures (Consolidated Basis) (Millions of yen) (Millions of yen) 40,000 57,675 33,087 30,000 25,914 23,216 18,984 20,000 16,001 16,548 15,213 10,000 0 2014/3 2015/3 2016/3 2017/3 2018/3 2019/3 2020/3 11
Slide 12: Capital Expenditure Breakdown, Year Ended March 2020
Growth Strategy：Consolidated Capital Expenditure Capital Expenditure “Year Ended Mar. 31, 2020” (Consolidated) Amount Breakdown （Million of yen） Descriptions 261 units Operating Fleets 2,363 (additional trucks or replacements) Buildings 4,309 Warehouses etc. Lands 2,901 Land for business Machinery a
Slide 13: Completed Warehousing in Japan
Growth Strategy: Consolidated Capital Expenditures 【Completed Warehousing in Japan】 Construction of warehousing and Development Centers in Japan for the Fiscal Year Ended March 2020 (Consolidated Basis) Date of Facility NO. Company Name Location Completion Property Area Application Storage of indust
Slide 14: Completion of Overseas Warehousing
Growth strategy: Consolidated capital Expenditures 【Completion of overseas warehousing】 Construction of warehousing in overseas for the Fiscal Year Ended March 2020 (Consolidated Basis) Date of Warehouse NO. Company name Location Property Application Completion area Storage of Chonburi Prov. 1 Apr.
Slide 15: Warehouse and Land Acquisition
Growth Strategy: Consolidated Capital Expenditure 【Warehouse and Land Acquisition】 Warehouse acquired in the fiscal year ending March 31, 2020 Date of Warehouse NO. Company Name Address Property Applications acquisition area Storage of NIPPON KONPO UNYU SOKO 1 Mooka, Tochigi Pref. Dec. 2019 Warehous
Slide 16: Ongoing Capital Expenditures: Warehouse Construction
Growth strategy: Capital Expenditures 【Construction of warehouses, etc. ongoing】 Ongoing Capital Expenditures (Consolidated Basis) as of Mar. 31, 2020 Date of Warehouse NO. Company name Location Property Application Completion plan area Storage of Warehouse 1 Osaki, Miyagi Pref. May. 2020 5,917㎡ aut
Slide 17: Future Business Development Based on New Coronavirus Infections
Growth Strategy: Future Business Development Based on New Coronavirus Infections Segment Current Situation Initiatives To acquire new businesses in the Freight volume decreased due to consumer industry Transportation production cuts and sales declines at Expansion of business scope of recycling
Slide 18: Performance Forecasts for the Fiscal Year Ending March 2021
Growth Strategy: Performance Forecasts for the Fiscal Year Ending March 2021 ◆ Consolidated Earnings Forecast for the Fiscal Year Ending March 2021 (April 1, 2020 to March 31, 2021) The forecast for the fiscal year ending March 2021 has not been determined because it is difficult to reasonably cal
Slide 19: Shareholder Returns
NIKKO 6) Shareholder Returns 19
Slide 20: Trends in Dividends and Dividend Payout Ratio
Shareholder returns: Trends in dividends and dividend payout ratio For the fiscal year ended March 31, 2020, the Company paid an annual dividend of JPY76 per share, an increase of JPY9 from the previous fiscal year, representing the fourth consecutive year of dividend increases. The dividend for
Slide 21: Acquisition of Treasury Stock
Shareholder returns: Acquisition of treasury stock Treasury Stock Acquisition through Share Repurchases in the Fiscal Year Ended March 31, 2020 Total number of Total purchase NO. Period of acquisition shares taken amount (Yen) 1 May 13, 2019 200,000 486,200,000 From June 10, 2019 to August 1, 2 385,
Slide 22: Medium-Term Management Plan
4 Med-Term Management Plan 22
Slide 23: Results of the 11th Medium-Term Management Plan
Medium-Term Management Plan: Results of the 11th Medium-Term Management Plan Results of the 11th Medium-Term Management Plan (Unit: billion yen) (Unit: billion yen) 210.0 Net sales 21.0 Operating profit 20.8 199.5 20.0 4.3% 200.0 197.6 20.0 Increase 0.9% Increase 19.0 5.4% 5.3% 190.0 187.8 Increase
Slide 24: Looking Back at the Results of the 11th Medium-Term Management Plan
Medium-term Management Plan: Looking Back of the Results of the 11th Medium-Term Management Plan Results of the 11th Medium-Term Management Plan (April 2017 to March 2020) [NIKKON Holdings: Key Issues and Results of Measures] ・ Acquired 33.3% of the shares of NIHON RIKUSOU CO., LTD.（Gunma Pref.） and
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: 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, 2020) Number of 12,579 (Cons
Slide 28: Our History
Company Overview：Our History ■Sales trends and History Oct.2015 Company name changed to NIKKON Holdings Co., Ltd. Nov.2015 Established company in Malaysia （Billion of yen） 200 Jan.2014 Acquired shares of Ito Express Co., Ltd. Mar.2013 Acquired shares of Shinei Warehouse Co., Ltd. 180 Oct.2010 Establ
Slide 29: Domestic Operating Sites
Company Overview：Domestic operating Sites（As of Mar. 31,2020） 44 domestic affiliates Hokkaido area Tomakomai (NK) Number of domestic operating sites 273 Ebetsu 〃 【Legend】 Takasu Center 〃 Sapporo shinbun yuso Co.,Ltd. NIKKON Holdings Head office Hokkai Logistics service Co.,Ltd. Touhoku area NIPPON K
Slide 30: Overseas Offices
Company Overview：Overseas Offices（As of Mar. 31, 2020） 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: Net Sales, Operating Profit, Operating Profit Ratio
Historical Financial Data: Net Sales・Operating Profit・Operating Profit Ratio (Million of yen) (％) 250,000 Net Sales Operating Profit Operating Profit Ratio 12.0 10.5 10.1 10.1 10.1 10.1 9.6 10.0 200,000 9.0 8.9 7.8 7.3 8.0 150,000 6.0 100,000 197,693 199,512 187,819 165,205 170,076 174,031 179,312 4
Slide 32: Historical Financial Data: Net Sales, ROE, ROA
Historical Financial Data：Net Sales ROE・ROA (Million of yen) (％) 250,000 Net Sales ROE ROA 15.0 197,693 199,512 200,000 187,819 12.0 170,076 174,031 179,312 165,205 140,511 8.8 150,000 8.2 8.1 8.2 8.2 9.0 130,717 8.0 122,786 7.5 7.1 5.7 100,000 5.4 5.2 6.0 4.9 4.9 5.0 5.1 5.1 4.8 4.8 3.1 3.3 50,000
Slide 33: Shareholder's Equity and Equity-to-Total Asset Ratio
Historical Financial Data: Shareholder’s Equity, Shareholder’s Equity-to-Total Asset Ratio (Million of yen) (％) 200,000 Shareholder's Equity Shareholder's Equity-to-Total Asset Ratio 100.0 180,000 160,000 70.7 75.0 67.6 140,000 65.7 64.0 64.8 62.5 62.6 63.7 63.3 61.0 120,000 100,000 50.0 192,780 182
Slide 34: Balance Sheet
Balance Sheet （Million of yen） 2018/3 2019/3 2020/3 2018/3 2019/3 2020/3 Total current assets 72,606 69,401 73,464 Total current liabilities 52,813 51,458 54,474 Notes and accounts Cash and deposits 17,755 16,940 31,502 11,573 11,330 11,265 payable-trade Notes and accounts Electronically recorded 33