Slide 1: Announcement of FY 2023 Year-End Results
Announcement of FY 2023 Year-End Results 2024年5月27日 May 27, 2024 0
Slide 2: Ⅰ. Results Outline
Ⅰ. Results Outline 1
Slide 3: Outline of Consolidated Results for the Period Ended March 2024 【1】
1. Outline of Consolidated Results for the Period Ended March 2024 【1】 Change From Prev. Period Net Sales 127.9 billion yen ＋3.2％ The number of construction works, starting for new residential buildings, decreased during this period and although the predicted figures could not be reached, due to wea
Slide 4: Outline of Consolidated Results for the Period Ended March 2024 【2】
1. Outline of Consolidated Results for the Period Ended March 2024 【2】 （Units: billions of yen） 2023/3 2024/3 2025/3 (Actual Results) (Actual Results) (Forecast) Sales Sales Variation Variation Variation Amount distribution Amount distribution Amount amount percentage percentage ratio ratio Net Sale
Slide 5: Consolidated Profit and Loss Status: Factors for Increased and Decreased Operating Income
2. Consolidated Profit and Loss Status ① Factors for Increased and Decreased Operating Income （Units: billions of yen） ▲0.7 2.2 ▲2.1 1.6 ▲2.0 ▲0.2 3.0 ▲0.3 ▲0.1 1.2 Sales increase, Price Impact of raw Raw material Enhancement Investments, Other selling, Other Operating etc. revision materials, etc.
Slide 6: Consolidated Profits (1) Net Sales, Operating Income
2. Consolidated Profits (1) Net Sales, Operating Income （Units: millions of yen） （Units: millions of yen / ％） Net Sales Operating Income / Operating Profit Margin Operating Income Operating Profit Margin 160,000 3.3 7,000 3.5 140,000 134,000 124,012 127,982 6,000 3.0 113,305 2.5 120,000 2.4 104,185
Slide 7: Sales Composition (1) By Segment (Consolidated)
3. Sales Composition (1) By Segment (Consolidated) （Units: billions of yen） 2023/3 2024/3 (Actual Results) (Actual Results) Sales Sales Other 6.2％ Amount distribution Amount distribution Bathtubs & ratio ratio Washstands 11.6％ 100.8 81.3％ 105.1 82.2％ Kitchen Equipment 2024/3 Distribution ratio 15.2
Slide 8: Sales Composition (2) By New Constructions/Renovations (Consolidated)
3. Sales Composition (2) By New Constructions/Renovations (Consolidated) （Units: billions of yen） 2023/3 2024/3 (Actual Results) (Actual Results) Amount Sales ratio Amount Sales ratio Other New construction 4.5％ 44.6％ 54.2 43.7％ 57.1 44.6％ New construction 2024/3 Distribution ratio of Renovation 64.
Slide 9: Consolidated Balance Sheet Summary
4. Consolidated Balance Sheet Summary （Units: millions of yen） End of End of Variation Main Factors March 2023 March 2024 amount Cash and deposits △3,453 △1,018 Electronically recorded monetary claims Current assets 56,787 55,769 +1,811 Assets ＋4,271 Property, Non-current plant and equipment +1,640
Slide 10: Consolidated Cash Flow Statement Summary
5. Consolidated Cash Flow Statement Summary （Units: millions of yen） End of March End of March Main Factors 2023 2024 21,986 22,034 Cash and cash equivalents at beginning of period Profit before income taxes ＋2,162 Depreciation＋4,328 4,303 2,433 Cash flows from operating Increase in trade receivable
Slide 11: Capital Investments (Consolidated)
6. Capital Investments (Consolidated) （Units: Billions of yen） Major Capital Investment Details Trends in Capital Investment and Depreciation Costs FY 2023 Results Capital Investment Deprecation Costs 8.00 ① Production-Related 2,940 million yen 7.44 ② Operations-Related 1,310 million yen 7.00 6.60 ③
Slide 12: Sales Results For Major Products and Cleanup Market Share – 1/3 Complete System Kitchen
7. Sales Results For Major Products and Cleanup Market Share – 1/3 Complete System Kitchen Complete System Kitchen Sales Results Demand Trends and Market Share Monetary Value Volume Demand Volume Cleanup Share (Billions of yen) (Thousands of Sets) (Thousands of Sets) （％） 100.0 95.4 400 1,500 45.0 90
Slide 13: Sales Results For Major Products and Cleanup Market Share – 2/3 Modular System Bathroom
7. Sales Results For Major Products and Cleanup Market Share – 2/3 Modular System Bathroom Modular System Bathroom Sales Results Demand Trends and Market Share Monetary Value Volume Demand Volume Cleanup Share (Billions of yen) (Thousands of Sets) (Thousands of Sets) （％） 12.0 50 900 6.0 11.3 10.1 10
Slide 14: Sales Results For Major Products and Cleanup Market Share – 3/3 Washstands/Vanities
7. Sales Results For Major Products and Cleanup Market Share – 3/3 Washstands/Vanities Washstands/Vanities Sales Results Demand Trends and Market Share Monetary Value Volume Demand Volume Cleanup Share (Billions of yen) (Thousands of Sets) (Thousands of Sets) （％） 5.0 4.8 125 2,000 10.0 4.7 4.7 4.6 4
Slide 15: Forecasted Consolidated Results for the Period Ending March 2025
8. Forecasted Consolidated Results for the Period Ending March 2025 (Units: billions of yen) 2023/3 2024/3 (Actual Results) (Forecast) Variation Variation amount percentage Net Sales 127.9 134.0 ＋60 ＋4.7% Gross Profit 39.9 43.6 ＋36 ＋9.2% 38.6 41.5 ＋28 ＋7.4% Selling, general and administrative expens
Slide 16: Profit Return Status and Plan
9. Profit Return Status and Plan Trends and plan for ROE (Rate of Return on Equity) Demand trend for products and our market share (■ Equity capital ■Profit attributable (■ Equity capital ■Dividends paid （Left scale） to owners of parent （Left scale） （Right scale） （Right scale） (Billions of yen) (Bil
Slide 17: Ⅱ. Topics
Ⅱ．トピックス Ⅱ. Topics 16
Slide 18: Product Related ① Kitchen
Product Related ① Kitchen Flagship products Model change of "CENTRO" A model change was implemented with the "CENTRO" [Three major points] stainless kitchen, our flagship product, which reached its Design with 50th anniversary in 2023, as the very first system kitchen a solid sense of launched in Ja
Slide 19: Product Related ① Kitchen: Valcucine JP launched nationwide
Product Related ① Kitchen Sales of new business in the kitchen sector, "Valcucine JP", launched nationwide Japan-exclusive model of the leading luxury kitchen brand from Italy, Valcucine, produced in Japan ● Nationwide sales launched from July, 2023 (previously sold only through direct sales routes)
Slide 20: Product Related ① Kitchen: HIROMA and Good Design Award
Product Related ① Kitchen The new concept kitchen "HIROMA" received the “Seed for the Future Award"* ＊ An award given to products that can contribute to the creation of superior The stainless steel worktop "Vibration Dark" architecture and products that lay foundations for the future featured in "CE
Slide 21: Product Related ② Sanitary Facilities (baths and washstands)
Product Related ② Sanitary Facilities (baths and washstands) Two bath and two washstand brands were introduced at the same time in February 2024. [System Bathroom] [Washstands] A common concept with the living bathroom The new concept "Living Bathroom" 」 A product lineup that facilitates coordinatio
Slide 22: Showroom Related Matters
Showroom Related Matters Showrooms are continuously renovated to sustain their attractive appeal Showrooms at three locations were renovated in the period ending March 2024 Showrooms for sharing sensations to experience lifestyles Principal aspects ● The "Space Proposal Corner" that reproduces the l
Slide 23: Overseas Business Related
Overseas Business Related Activities aimed at creating new overseas markets are continued, primarily for Asia Prioritized activities for implementation of overseas business ●Exports and sales of kitchen products made with stainless steel, are considered key items, primarily for Asian destinations. ●
Slide 24: Sustainability Related: Future Kitchen Project
Sustainability Related Diverse developments of the long-term vision "Future Kitchen Project" [Future Kitchen Illustration Contest] [Mobility Kitchen] 3,003 illustrations were submitted from across the nation in A prototype was presented of the next-generation kitchen 2023, which marked the first yea
Slide 25: Cleanup Corporation
For any questions concerning investor relations, please contact: Cleanup Corporation General Affairs Department, General Affairs / IR Section Contact our IR Representative Phone +81-(0)3-3894-4771 URL https://cleanup.jp/ Disclaimer This material is intended to provide information regarding the FY202