Nikkon Holdings Co., Ltd. · TSE:9072
Nikkon — FY2021 Earnings Presentation
37 slides from Nikkon's earnings presentation, May 26, 2022
Slide 1: Financial Results for the Fiscal Year Ended March 31, 2022
NIKKON Holdings Co., Ltd. Security: 9072 Financial Results for the Fiscal Year Ended March 31, 2022 May 26, 2022 1
Slide 2: Table of Contents
Table of Contents 1. Financial results explanation Financial Results Growth Strategy Medium-Term Management Plan Shareholder Returns 2. ESG Explanation ESG Initiatives 2
Slide 3: Table of Contents
Table of Contents 1. Financial results explanation Financial Results Growth Strategy Medium-Term Management Plan Shareholder Returns 2. ESG Explanation ESG Initiatives 3
Slide 4: Financial Results: Summary of the fiscal year ended March 2022
Financial Results: Summary of the fiscal year ended March 31, 2022 ■Trend of Japanese economy ■Trend of Logistics industry The Japanese economy continued to Chronic shortage of labor show signs of recovery amid the Intensification of competition due to continuing impact of the novel overcrowde
Slide 5: Financial Results: Consolidated Statement of Earnings
Financial Results: Consolidated Statement of Earnings Consolidated Financial Results for (Millions of yen) Net sales the Fiscal Year ended March 31, 2022 220,000 198,159 182,536 180,000 Net sales Sales increased mainly due to a recovery in business volume. 140,000 Operating Profit increased due to t
Slide 6: Consolidated Net Sales and Operating Profit by Segment
Financial Results: Consolidated Net Sales and Operating Profit by Segment Segment Net sales Operating profit Transportation Sales increased mainly due to a recovery in the volume of cargo handled. Profit fell due to the impact of rising fuel prices Sales increased due to an increase in the volume of
Slide 7: Consolidated Net Sales by Industry / Regions
Financial Results: Consolidated Net Sales by Industry / Regions Automobile Sales increased due to an increase in the volume of business Sales increased due to higher business volume in Japan handled. the automotive and housing sectors. Auto-Parts Sales increased due to an increase in the volume of b
Slide 8: Consolidated Financial Indicators
Financial Results: Consolidated Financial Indicators Total assets Major change Property, plant and equipment increased by JPY18,400 million due to capital factors investment. Notes and accounts receivable-trade increased by JPY1,729 million due to the increase in sales in the current fiscal year
Slide 9: Consolidated Cash Flows
Financial Results: Consolidated Cash Flows 2021/3 Free C/F －2,173 (Millions of yen) +23,229 －25,402 Net Change −453 30,820 +1,473 +246 30,366 Cash flows Cash flows Cash flows Other from operating from investing from financing activities activities activities Proceeds from issuance of Profit before i
Slide 10: Table of Contents
Table of Contents 1. Financial results explanation Financial Results Growth Strategy Medium-Term Management Plan Shareholder Returns 2. ESG Explanation ESG Initiatives 10
Slide 11: Growth Strategy: Consolidated Capital Investments
Growth Strategy: Consolidated Capital Investments Capital Expenditures (Consolidated Basis) (Millions of yen) (Millions of yen) 40,000 33,087 28,344 28,280 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 2022/3 11
Slide 12: Summary of Capital Investments for the Year ended Mar. 31, 2022
Growth Strategy: Consolidated Capital Investments Summary of Capital Investments for the Year ended Mar. 31, 2022 (Consolidated) Capital Investments Amount Descriptions Details (Millions of yen) 187units (Additional Operating Fleets 2,012 trucks or replacements) Buildings 15,469 Warehouses, etc. Lan
Slide 13: Completed Warehousing
Growth Strategy: Consolidated Capital Investments [Completed Warehousing] Status of Warehouse Construction for the Year ended Mar. 31, 2022 (Consolidated) Date of Warehouse NO. Company name Location Buildings Applications completion Area NIPPON KONPO UNYU Niigata, Niigata 1 Jun. 2021 Warehouse 7,749
Slide 14: Building Acquisition
Growth Strategy: Consolidated Capital Investments [Building Acquisition] Warehouses and Office Buildings Acquired for the Fiscal Year ended March 31, 2022 (Consolidated Base) Date of Facility NO. Company name Location Property Applications acquisition area NIPPON KONPO UNYU Asaka, Saitama Lands 1 Fe
Slide 15: Construction of warehouses, etc. ongoing
Growth Strategy: Consolidated Capital Investments [Construction of warehouses, etc. ongoing] Ongoing Capital Investments (Consolidated Basis) as of Mar. 31, 2022 Date of Warehouse NO. Company name Location Completion Buildings Applications Area plan NIPPON KONPO UNYU 1 Suzuka, Mie Pref. May 2022 War
Slide 16: Growth Strategy: Labor Saving Initiatives
Growth Strategy: Labor Saving Initiatives Labor Saving Initiatives at Laem Chabang Warehouse of NIPPON KONPO (THAILAND) CO., LTD. in Thailand ●Introduction of shuttle racks ●Introduction of VNA racks Efficiency Improvement using High-Density High efficiency storage through use of VNA Storage and Sli
Slide 17: Growth Strategy: M&A Initiatives
Growth Strategy: M&A Initiatives Acquisition of Shares of Yaskawa Transport Corporation, domestic logistics subsidiary of Yaskawa Electric Group NIKKON HOLDINGS acquired an 86% stake in Yaskawa Transport Corporation from Yaskawa Logistec Corporation (Kitakyushu, Fukuoka), which is a subsidiary of Ya
Slide 18: Table of Contents
Table of Contents 1. Financial results explanation Financial Results Growth Strategy Medium-Term Management Plan Shareholder Returns 2. ESG Explanation ESG Initiatives 18
Slide 19: Progress in the 12th Medium-Term Management Plan (1)
Medium-Term Management Plan: Progress of in the 12th Medium-Term Management Plan (1) The 12th Medium-Term Management Plan (Apr. 2020－Mar. 2023) (Millions of yen) (Millions of yen) Net sales Operating profit 215,000 21,000 21,500 200,000 198,159 19,512 18,191 182,536 Year ended Year ended Year ended
Slide 20: Progress in the 12th Medium-Term Management Plan (2)
Med-Term Management Plan: Progress of in the 12th Medium-Term Management Plan (2) Results for the Year ended Mar. 31, 2022 (Apr. 2021－Mar. 2022) 1. Creation of group synergies in Japan (Key measures) Strengthening of domestic network ・Shirone Branch No. 2 Warehouse No. 2 completed (Niigata, Niigate
Slide 21: Table of Contents
Table of Contents 1. Financial results explanation Financial Results Growth Strategy Medium-Term Management Plan Shareholder Returns 2. ESG Explanation ESG Initiatives 21
Slide 22: Trends in Dividends and Consolidated Payout Ratios
Shareholder Returns: Trends in Dividends and Consolidated Payout Ratios The annual dividend for the fiscal year ending March 31, 2022 is 69 yen (an increase of 2 yen) per share as initially forecast. The annual dividend forecast for the fiscal year ending March 31, 2023 is 96 yen per share. We
Slide 23: Shareholder Returns: Treasury Share Acquisition
Shareholder Returns: Treasury Share Acquisition 1. Treasury Share Acquisitions in the Fiscal year Ended March 31, 2022 Total number of shares Total value of shares Date of acquisition to be acquired to be acquired December 6, 2021 277,800 shares 573 million yen We bought back our shares through To
Slide 24: Table of Contents
Table of Contents 1. Financial results explanation Financial Results Growth Strategy Medium-Term Management Plan Shareholder Returns 2. ESG Explanation ESG Initiatives 24
Slide 25: ESG Initiatives: Environmental and Social Initiatives
ESG Initiatives: Environmental and Social Initiatives We were awarded the FY2021 Green Logistics Partnership Excellent Business Entities Award, an award from the Minister of Land, Infrastructure, Transport and Tourism [Business entities involved] 15 partner companies including NEXT Logistics Japan C
Slide 26: ESG Initiatives: Environmental Initiatives
ESG Initiatives: Environmental Initiatives Introduction of Low-Emission Vehicles Introduction of self- We plan to introduce 2 large hybrid vehicles in consumption photovoltaic FY2022. power generation Issues ・EV trucks are not widely used. ・Cost burden will increase. Introduction of battery-operated
Slide 27: ESG Initiatives: Scope 1, Scope 2 Reduction
ESG Initiatives: Environmental Initiatives In conjunction with the government's reduction target for the transportation sector, under our next Medium-Term Management Plan, we will accelerate initiatives for achievement of a 35% reduction compared to FY2013 by 2030. Efforts toward 2030 Introduction
Slide 28: 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 forec
Slide 29: Reference Materials
NIKKO Reference Materials 29
Slide 30: Company Overview: Corporate Profile
Company Overview: Corporate Profile Company Name NIKKON Holdings Co., Ltd. Established August 27, 1953 Head Office 6-17 Akashi-Cho, Chuo-ku, Tokyo, Japan Representative Masakatsu Kuroiwa President Capital Stock JPY11,316 million (As of March 31, 2022) Number of 12,669 (Consolidated: As of March 31,
Slide 31: Company Overview: Our History
Company Overview: Our History Mar. 2022 Acquired an 86% stake ■Sales trends and History Oct.2015 Company name changed in Yaskawa Transport Corporation. to NIKKON Holdings Co., Ltd. (Billions of yen) Nov.2015 Established company in Changed trade name to NIKKON KITAKYU CO., LTD. Malaysia 200 Jan.2014
Slide 32: Company Overview: Domestic Operating Sites
Company Overview: Domestic Operating Sites (As of Mar. 31, 2022) Hokkaido area 45 domestic affiliates Tomakomai (NK) Ebetsu 〃 Number of domestic operating sites 284 Takasu Center 〃 Sapporo shinbun yuso Co., Ltd. Hokkai Butsuryu Service Co., Ltd. NIKKON Holdings Co., Ltd. Head office Tohoku area NIPP
Slide 33: Company Overview: Overseas Operating Sites
Company Overview: Overseas Operating Sites (As of Mar. 31, 2022) 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
Slide 34: Historical Financial Data: Net Sales, Operating Profit, Operating Profit Ratio
Historical Financial Data: Consolidated Net Sales, Operating Profit, Operating Profit Ratio (Millions of yen) (％) 250,000 Net sales Operating profit Operating profit ratio 12.0 10.5 10.1 10.1 10.1 10.1 10.0 9.6 9.8 10.0 200,000 9.0 8.9 7.8 8.0 150,000 6.0 100,000 197,693 199,512 198,159 187,819 182,
Slide 35: Historical Financial Data: Consolidated Net Sales, ROE, ROA
Historical Financial Data: Consolidated Net Sales, ROE, ROA (Millions of yen) (％) 250,000 Net sales ROE ROA 15.0 197,693 199,512 198,159 200,000 187,819 12.0 179,312 182,536 170,076 174,031 165,205 8.8 150,000 140,511 8.2 8.1 8.2 8.2 9.0 8.0 130,717 7.5 7.1 7.3 6.9 5.7 100,000 5.4 5.2 6.0 4.9 4.9 5.
Slide 36: Historical Financial Data: Consolidated Equity, Equity Ratio
Historical Financial Data: Consolidated Equity, Equity Ratio (Millions of yen) (％) 250,000 Equity Equity ratio 100.0 200,000 70.7 75.0 67.6 64.0 63.7 63.3 64.8 64.5 64.4 62.5 62.6 61.0 150,000 50.0 218,478 100,000 207,747 192,780 182,101 186,338 170,910 155,842 159,173 146,480 137,253 126,459 25.0 5
Slide 37: Consolidated Balance Sheet
Consolidated Balance Sheet (Millions of yen) 2020/3 2021/3 2022/3 2020/3 2021/3 2022/3 Total current assets 73,464 74,542 74,655 Total current liabilities 54,474 46,269 44,367 Cash and deposits 31,502 31,399 30,227 Notes and accounts payable - trade 11,265 9,799 11,537 Notes and accounts Electronica