Shizuoka Gas Co. Ltd. · TSE:9543
Shizuoka Gas — H1 2016 Earnings Presentation
18 slides from Shizuoka Gas's earnings presentation, Aug 5, 2016
Slide 1: FY2016 2Q Financial Results
TSE:9543 FY2016 2Q Financial Results （Jan.1th-Jun.30 th,2016) SHIZUOKA GAS CO.,LTD SECURITIES CODE : 9 5 4 3 August 5 th, 2016
Slide 2: Contents
Contents Ⅰ. Summary of Financial Results … 3 for FY2016 2Q Ⅱ. FY2016 Forecast … 7 Ⅲ. Topics … 10 Ⅳ. Supplementary Information … 14 Disclaimer Forecasts are based on information available to the management when this was drafted. Actual financial results may significantly differ from these forecasts d
Slide 3: Ⅰ. Summary of Financial Results for FY2016 2Q
Ⅰ. Summary of Financial Results for FY2016 2Q
Slide 4: FY2016 2Q Financial Highlights
FY2016 2Q Financial Highlights ◎2Q Results：Lower sales, higher profits ■ Decrease in sliding unit prices results in lower sales; LNG price drop results in lower gas cost of sales. ■ Gas sales volume up 6.8% vs. prior year →Wholesale sales up 16.7% vs. prior year due to operation of Shizuhama Trunkli
Slide 5: Gas Sales Volume (Non-Consolidated)
Gas Sales Volume (Non-Consolidated) ◎Change factors : Increase in wholesale sales due to operation of 106.8% Shizuhama Trunkline 687 [+47] 734 Unit; million m3(45MJ) * Figures in [ ] indicate change in sales volume (million m3) ・Increase in sales volume via Wholesale Shizuhama Trunkline [＋52] 116.7%
Slide 6: Breakdown of Consolidated Operating Income
Breakdown of Consolidated Operating Income <vs. FY2015 1Q-2Q Results> Unit; billion yen Net sales 60.8 [-21.8] *Parentheses indicate comparison to 1Q-2Q in 2015 *Transactions between the consolidated companies are offset Gross profit CityGas 51.2 [-21.2] 23.9[+1.8] City Gas 21.4 [+2.1] LPG 5.4 [-0.5
Slide 7: Ⅱ. FY2016 Forecast
Ⅱ. FY2016 Forecast
Slide 8: FY2016 Forecast: Net Sales and Operating Income
FY2016 Forecast: Net Sales and Operating Income Net sales Operating income & Sliding time lag Unit : billion yen Unit : billion yen Operating income 11.5 -34.8 Sliding time lug 9.7 -11.8 -5.2 -3.5 6.3 6.1 5.9 146.0 Revised operating income with sliding time lag adjustment 123.0 111.1 FY2015 FY2016 I
Slide 9: FY2016 Forecast: Gas Sales Volume (Non-Consolidated)
FY2016 Forecast : Gas Sales Volume (Non-Consolidated) Unit：million m3(45MJ) * Figures in [ ] indicate change in sales volume (million m3) 97.5% 105.2% 1,490 [+72] 1,452 [-37] 1,380 Wholesale 94.9% 600 110.8% 665 [-36] 701 [+65] Large-lot-sale 100.1% 620 100.8% 625 624 [+5] [+0] 101.4% 98.8% Small-lo
Slide 10: Ⅲ. TOPICS
Ⅲ. TOPICS
Slide 11: Shizuoka Gas and Power Certified as the First 'Regional PPS in Fuji-city'
Shizuoka Gas and Power Certified as the First ’Regional PPS* in Fuji-city’ * Power Producer and Supplier who work on regional energy production and consumption. ■Concept of Regional PPS ■Contracted volume of electricity Increase in nonresident Unit：kW population and 54,800 flow of funds 46,400 Regio
Slide 12: Expansion of Value Creation for Residential Customer
Expansion of Value Creation for Residential Customer ■ Number of applications ■Launch of new service for electricity Gas 12,500（as of Jul. 2016） Service Electricity Existing Businesses ・Home-improvement ・Sales of gas appliances and alarms New Businesses ・On-call service, ’Suguikune’ 15,000 ・Leasing
Slide 13: New Challenge of Utilizing Reloading Facilities
New Challenge of Utilizing Reloading Facilities ■Installed reloading facilities at Shimizu LNG Terminal ■Signed the sale and Purchase agreement for LNG reloaded at Shimizu LNG Terminal in June 2016 ■Develop LNG market for small-medium size tankers in Asia Shimizu LNG Terminal Singapore office 13
Slide 14: First Half of FY2016 Initiatives
First Half of FY2016 Initiatives Jan. Sales of condominiums which adopting T-Grid system started. Accepting applications for low-voltage electricity contracts started. Feb. Construction of cogeneration devices at chemical manufacturers started. Apr. Sales of Low-voltage electricity started. Fuji pow
Slide 15: Ⅳ. Supplementary Information
Ⅳ. Supplementary Information
Slide 16: FY2016 Forecast: Breakdown of Consolidated Operating Income vs. Initial Plan
FY2016 Forecast: Breakdown of Consolidated Operating Income <vs. Initial Plan> Unit; billion yen Net sales 111.1 [－11.8] *Parentheses indicate comparison to the initial plan *Transactions between the consolidated companies are offset City Gas 90.0 [－10.2] Gross profit income 37.3 [+3.6] City Gas 32.
Slide 17: Gas Sales Plan (Non-Consolidated)
Gas Sales Plan (Non-Consolidated) <vs. FY2015 1Q-2Q Results> Unit：million m3 FY2016 FY2015 FY2016 1Q-2Q Results 1Q-2Q Results Change % Forecast Gas sales volume 734 687 +47 106.8 1,452 Own sale 398 399 -1 99.7 787 Residential 51 52 -1 97.7 86 Commericial 32 32 -0 98.6 68 Industrial 316 315 +0 100.1
Slide 18: Statement of Income
Statement of Income <vs. FY2015 2Q Results> Unit : billion yen FY2016 2Q FY2015 2Q Change % FY2016 Results Results Forecast Net sales 60.8 82.7 -21.8 73.6 111.1 Cost of sales 36.8 60.6 -23.7 60.9 73.7 Gross Profit 23.9 22.1 +1.8 108.5 37.3 Sales and adminidtrative expenses 12.9 13.2 -0.3 97.3 27.6 S