Toyo Engineering Corporation · TSE:6330
Toyo Engineering — FY2012 Earnings Presentation
20 slides from Toyo Engineering's earnings presentation, May 14, 2013
Slide 1: Outline of Financial Results, Fiscal year ended March 2013
OUTLINE OF FINANCIAL RESULTS Fiscal year ended March 2013 May 14, 2013 Toyo Engineering Corporation
Slide 2: Contents
Toyo Engineering Corporation © 2013 Contents マスター タイトルの書式設定 Outline of income statement New orders Performance summary 3 New orders 13 Income statement, Backlog of contracts 15 Comprehensive income 5 Net sales 6 Forecast 17 Gross profit 8 Operating, Ordinary & Net income 9 -Reference- Financial posi
Slide 3: Performance summary
Toyo Engineering Corporation © 2013 Performance マスター summary タイトルの書式設定 Increased in revenue but decreased in profit compared with last fiscal year Net sales : 228 billion yen Net income : 1.4 billion yen Achieved target of new orders New orders : 290 billion yen (Substantially new orders : 320 billi
Slide 4: Performance summary
Toyo Engineering Corporation © 2013 Performance マスター summary タイトルの書式設定 Billion yen Forecast Achieve- 2012/3 2013/3 Difference 2013/3 Difference ment as of Mar 22, 2013 Net sales 157.8 228.7 +70.9 +45% 245.0 (16.3) 93% Gross profit 24.9 24.2 (0.7) -3% 25.0 (0.8) 97% Gross profit rate 15.8% 10.6% -5.2
Slide 5: Income statement, Comprehensive income
Toyo Engineering Corporation © 2013 Income マスター statement, Comprehensive income タイトルの書式設定 Billion yen 2012/3 2013/3 Forecast Difference 2013/3 Difference Billion yen % Billion yen % as of Mar 22, 2013 Net sales 157.8 100.0 228.7 100.0 +70.9 245.0 (16.3) Cost of sales 132.9 84.2 204.5 89.4 (71.6) Gro
Slide 6: Net sales
Toyo Engineering Corporation © 2013 Net sales マスター タイトルの書式設定 Billion yen Compared with forecast for 2013/3 228.7 2013/3 Achieve- Difference Forecast Result ment EPC 231.8 215.5 (16.3) 93% 173.9 IT 11.0 11.0 +0.0 100% 155.6 157.8 Real estate 2.2 2.2 +0.0 100% Total 245.0 228.7 (16.3) 93% Compared wit
Slide 7: Net sales: breakdown by region and segment
Toyo Engineering Corporation © 2013 Net sales マスター タイトルの書式設定 Billion yen Breakdown by region Breakdown by segment details Chemical Others 6.8 Others 27.9 fertilizers China 17.2 Japan 37.9 Real estate 2.2 Central 8% 3% 19% 44.4 12% 16% Petro- IT 11.0 1% and chemicals 5% South 43.1 2013/3 General 2013
Slide 8: Gross profit
Toyo Engineering Corporation © 2013 マスターGross profit タイトルの書式設定 Billion yen Gross profit rate 19.0% 32.9 17.1% 15.8% 26.5 10.6% 24.9 24.2 2010/3 2011/3 2012/3 2013/3 Compared with forecast for 2013/3 2013/3 Achieve- Difference Forecast Result ment 25.0 24.2 (0.8) 97% Compared with last fiscal year 20
Slide 9: Operating, Ordinary & Net income
Toyo Engineering Corporation © 2013 Operating, マスターOrdinary & Net income タイトルの書式設定 Line chart : Profit rate (%), Bar chart : Amount (billion yen) Operating income Ordinary income Net income 7.5% 8.3% 4.4% 4.5% 4.1% 3.4% 3.2% 1.8% 2.4% 2.4% 0.7% 0.6% 14.4 13.0 Real estate 0.9 IT 0.2 6.8 7.0 7.1 EPC 1
Slide 10: Balance sheet
Toyo Engineering Corporation © 2013 Balance マスター sheet タイトルの書式設定 Billion yen Assets 2012/3 2013/3 Difference Liabilities and net assets 2012/3 2013/3 Difference Current assets 170.8 188.5 +17.7 Current liabilities 117.9 133.1 +15.2 Cash and deposits 48.0 52.3 +4.3 Short-term interest bearing debt 13
Slide 11: Interest bearing debt balance
Toyo Engineering Corporation © 2013 Interest マスターbearing debt balance タイトルの書式設定 Billion yen 38.8 40.0 36.6 31.9 8.2 8.6 13.9 Consolidated 13.6 subsidiaries +1.2 30.6 31.4 22.7 Non-consolidated 18.3 2010/3 2011/3 2012/3 2013/3 Interest bearing debt ratio Debt equity ratio (times) Net debt (billion ye
Slide 12: Cash flows
Toyo Engineering Corporation © 2013 マスター Cash flows タイトルの書式設定 Billion yen Cash flows 2010/3 2011/3 2012/3 2013/3 Operating activities 10.8 11.3 5.7 (18.9) Investing activities (0.6) (1.3) (2.4) (1.5) Financing activities 2.2 3.8 0.1 (0.5) Net increase/decrease in cash 12.4 13.3 3.1 (18.9) Free cash
Slide 13: New orders
Toyo Engineering Corporation © 2013 マスターNew orders タイトルの書式設定 Billion yen 2013/3 New orders : 290.4 billion yen Compared with target for 2013/3 290.4 269.1 2013/3 Difference Achivement 37.4 Target Result Japan 42.0 37.4 (4.6) 89% 222.5 49.1 Overseas 268.0 253.0 (15.0) 94% Total 310.0 290.4 (19.6) 94%
Slide 14: New orders: breakdown by region and segment
Toyo Engineering Corporation © 2013 マスターNew orders タイトルの書式設定 Billion yen Breakdown by Breakdown by region segment details 290.4 290.4 269.1 269.1 222.5 222.5 132.4 132.4 2010/3 2011/3 2012/3 2013/3 2010/3 2011/3 2012/3 2013/3 Japan 39.9 38.9 49.1 37.4 Chemical fertilizers 4.8 34.9 18.3 114.7 Southea
Slide 15: Backlog of contracts
Toyo Engineering Corporation © 2013 Backlog マスター of contracts タイトルの書式設定 Billion yen 2013/3 Backlog of contracts 410.4 410.4 billion yen 24.4 359.1 Major contracts 30.7 Over 40 billion yen Chemical fertilizer, INDONESIA 224.6 Chemical fertilizer, NIGERIA 21.3 Others, BRAZIL 168.1 386.0 328.4 Over 20
Slide 16: Backlog of contracts: breakdown by region and segment
Toyo Engineering Corporation © 2013 Backlog マスター of contracts タイトルの書式設定 Billion yen Breakdown by Breakdown by 410.4 410.4 region segment details 359.1 359.1 224.6 224.6 168.1 168.1 2010/3 2011/3 2012/3 2013/3 2010/3 2011/3 2012/3 2013/3 Japan 36.2 21.3 30.7 24.4 Chemical fertilizers 33.9 55.4 74.8 1
Slide 17: Forecast
Toyo Engineering Corporation © 2013 Forecast マスター タイトルの書式設定 Billion yen Forecast 2013/3 2014/3 Forecast for breakdowns Net sales 228.7 300.0 by segment Gross profit 24.2 32.0 Net sales 2014/3 Gross profit rate 10.6% 10.7% EPC 285.5 Operating income 1.5 10.0 IT 12.5 Operating income rate 0.7% 3.3% Re
Slide 18: Forecast
Toyo Engineering Corporation © 2013 Forecast マスター タイトルの書式設定 Billion yen Net sales New orders Profit rate Payout ratio Gross profit rate 10.6% 10.7% 65.8% 300.0 330.0 Operating income rate 290.4 228.7 3.3% 23.0% 0.7% 2013/3 2014/3 2013/3 2014/3 2013/3 2014/3 2013/3 2014/3 Gross profit Operating incom
Slide 19: Reference: Historical data
Toyo Engineering Corporation © 2013 -Reference- Historical data マスター タイトルの書式設定 Forecast 2010/3 2011/3 2012/3 2013/3 2014/3 Net sales Billion yen 173.9 155.6 157.8 228.7 300.0 Gross profit Billion yen 32.9 26.5 24.9 24.2 32.0 Gross profit rate % 19.0% 17.1% 15.8% 10.6% 10.7% Operating income Billion
Slide 20: Toyo Engineering Corporation
Toyo Engineering Corporation URL http://www.toyo-eng.co.jp For further questions on this material, please contact: Kenji SATO General Manager Corporate Communication Division 2-8-1 Akanehama, Narashino, Chiba, Japan 275-0024 TEL +81-47-454-1681 E-mail ir@ga.toyo-eng.co.jp The forecasts given above a