Japan Elevator Service Holdings Co., Ltd. · TSE:6544

Japan Elevator Service — Q1 FY2021/3 Earnings Presentation

21 slides from Japan Elevator Service's earnings presentation, Aug 3, 2020

  1. Slide 1: FY2021/3 First Quarter Results

    FY2021/3 First Quarter Results Japan Elevator Service Holdings (TSE 1st Section: 6544) August 3, 2020 Copyright © japan elevator service holdings all rights reserved

  2. Slide 2: Contents

    Contents 2 １ FY2021/3 First Quarter Results ２ FY2021/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  3. Slide 3: FY2021/3 First Quarter Results

    3 FY2021/3 First Quarter Results Copyright © japan elevator service holdings all rights reserved

  4. Slide 4: FY2021/3 First Quarter Results (Performance)

    FY2021/3 First Quarter Results (Performance) 4 (million yen) FY2020/3 1Ｑ FY2021/3 1Q YoY (%) Ratio to Ratio to Actual Actual sales (%) sales (%) Net sales 4,847 100.0 5,263 100.0 108.6 Cost of sales 3,064 63.2 3,220 61.2 105.1 Gross profit 1,782 36.8 2,043 38.8 114.6 SG&A 1,270 26.2 1,285 24.4 101.2

  5. Slide 5: FY2021/3 First Quarter Results (Sales by Business)

    FY2021/3 First Quarter Results (Sales by Business) 5 (million yen) FY2020/3 1Ｑ FY2021/3 1Ｑ YoY (%) Amount Ratio (%) Actual Ratio (%) Maintenance and Preservation 3,579 73.8 4,018 76.4 112.3 Services Modernization Services 1,100 22.7 1,037 19.7 94.3 Other 168 3.5 207 3.9 123.2 Total 4,847 100.0 5,263

  6. Slide 6: FY2021/3 Consolidated Financial Forecasts

    6 FY2021/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  7. Slide 7: FY2021/3 Financial Forecasts

    FY2021/3 Financial Forecasts 7 1H 2H Full year FY FY2021/3 FY FY2021/3 FY FY2021/3 Unit: million yen; % 2020/3 Forecast 2020/3 Forecast 2020/3 Forecast Amount Amount YoY Amount Amount YoY Amount Amount YoY Net sales 10,370 11,000 106.1 10,968 12,000 109.4 21,339 23,000 107.8 Operating profit 1,210 1

  8. Slide 8: FY2021/3 Consolidated Financial Forecasts (Sales by Business)

    FY2021/3 Consolidated Financial Forecasts (Sales by Business) 8 1H 2H Full year FY FY2021/3 FY FY2021/3 FY FY2021/3 Unit: million yen; % 2020/3 Forecast 2020/3 Forecast 2020/3 Forecast Amount Amount YoY Amount Amount YoY Amount Amount YoY Maintenance and 7,320 7,850 107.2 7,710 8,550 110.9 15,030 16

  9. Slide 9: Financial Supplement

    9 Financial Supplement Copyright © japan elevator service holdings all rights reserved

  10. Slide 10: Reference: Our Growth

    Reference: Our Growth 10 Net sales ¥21.3bn Elevators under maintenance contracts Approx. 54,900 Net sales ¥17.9bn Elevators under maintenance contracts Approx. 48,900 Net sales ¥13.5bn Elevators under maintenance contracts Approx. 38,800 Net sales ¥10.4bn Elevators under maintenance contracts Approx

  11. Slide 11: Reference: Coverage 82 offices

    Reference: Coverage 11 As of August 3, 2020 JES Hokkaido 9 offices 82 offices JES HD 2 offices JES Jyonan 16 offices (+2) JES Jyosai 14 offices Japan Elevator Parts 8 offices (+1) JES Kanagawa 16 offices JES Tokai 7 offices (+2) JES Kansai 【M&A】 7 offices (+3) SEIKO ELEVATOR co.,ltd 1 office (+1) JE

  12. Slide 12: Reference: Effects of the new coronavirus

    Reference: Effects of the new coronavirus 12 Under the impact of the novel coronavirus pandemic, expected to cause global economic slowdown at least for the next few years, corporate needs for cost reduction will grow even more significantly Emphasize our “competitive cost advantage over other manuf

  13. Slide 13: Major Challenges for the Fiscal Year

    Reference: Major Challenges for the Fiscal Year 13 １ Increase in Maintenance Contracts Further Enhancement of ２ the Modernization Business Further Enhancement of ３ the LiftSPOT Business 4 Boost in Operating Margin Copyright © japan elevator service holdings all rights reserved

  14. Slide 14: Reference: Increase in Maintenance Contracts

    Reference: Increase in Maintenance Contracts 14 Net increase in maintenance contracts ○ Focus on the Kansai, Tokai, and Kyushu regions End of March 2020 same as the previous fiscal year (FY2020/3) Elevators under ○ Seek to further boost productivity by increasing maintenance contracts market share i

  15. Slide 15: Reference: Further Enhancement of the Modernization Business

    Reference: Further Enhancement of the Modernization Business 15 One-time Modernization Quick Renewal ○Achieved record-high Modernization sales in ○The development of Quick Renewal compatible FY2020/3, partly due to a surge in demand in the first models is on schedule, and the completion of JIC II ha

  16. Slide 16: Reference: Further Enhancement of the LiftSPOT Business

    Reference: Further Enhancement of the LiftSPOT Business 16 Increase in equipped units ○Launch a Media business for the purpose of providing added value to maintenance business and cultivating a new source of revenue ○ Aim to increase the number of equipped units as an effective approach to advertise

  17. Slide 17: Reference: Boost in Operating Margin

    Reference: Boost in Operating Margin 17 Operating Margin ○ Achieved 12.7% in FY2020/3 ⇒Target for FY2021/3 is 13.5% ⇒ Aim to achieve 20% in the medium term JES operating margin (%) 30 Operating Mid-and Long-Term Margin Initiatives to Boost Margin 25 Targets FY2020/3 12.7% 1. Enhancement of overseas

  18. Slide 18: Reference: Future Business Development

    Reference: Future Business Development 18 (Aiming to Build Up Global Standard Business) Domestic Overseas (mainly Southeast Asia) Bu sine ss Now Onwards Now and Onwards Steady increase in Aiming to reach a Maintenance number of Conduct research for local needs and market business scale on par mainte

  19. Slide 19: Reference: Financial Highlights (1)

    Reference: Financial Highlights (1) 19 Net sales Operating profit (Million yen) (Million yen) 21,339 2,717 17,900 2,034 15,326 13,544 11,891 1,351 729 611 FY16/3 FY17/3 FY18/3 FY19/3 FY20/3 FY16/3 FY17/3 FY18/3 FY19/3 FY20/3 Note 1: Results are on a consolidated basis for FY2015 and onward Note 1: R

  20. Slide 20: Reference: Financial Highlights (2)

    Reference: Financial Highlights (2) 20 Net assets / total assets (Million yen) Net assets Total assets 14,297 11,484 10,624 7,848 6,552 5,177 3,937 2,870 2,072 793 FY16/3 FY17/3 FY18/3 FY19/3 FY20/3 Note 1: Results are on a consolidated basis for FY2015 and onward Net assets per share Net income per

  21. Slide 21: Disclaimer and Caution Concerning Forward-looking statements

    Disclaimer and Caution Concerning Forward-looking statements 21 Disclaimer  Japan Elevator Service Holdings (the “Company”) has prepared these materials for your reference, so that you may understand the current status of the Company  While these materials have been prepared based on generally-kno

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