Shinmaywa Industries,Ltd. · TSE:7224
Shinmaywa Industries,Ltd — FY2018 Earnings Presentation
30 slides from Shinmaywa Industries,Ltd's earnings presentation, May 16, 2019
Slide 1: Presentation of Financial Results for Fiscal Year Ended March 31, 2019
ShinMaywa Industries, Ltd. Presentation of Financial Results for Fiscal Year Ended March 31, 2019 May 16, 2019
Slide 2: Contents
Contents 2 1. Summary of Consolidated Financial Results 2. Progress of “CFG2020”* Medium-term Management Plan Supplementary Materials * Abbreviation of “Change for Growing, 2020” Note1: Numerical values appearing in this document have been rounded down to the nearest unit, while ratios are shown in
Slide 3: Summary of Consolidated Financial Results
1 Summary of Consolidated Financial Results
Slide 4: Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2019
Summary of Consolidated Financial Results for the Contents Fiscal Year Ended March 31, 2019 Summary of Consolidated Financial Results 4 Net sales ： Achieved record high ROE: Improved due to decrease in net assets following acquisition of treasury shares (Million yen) FY2017 FY2018 Year-on-year r
Slide 5: Analysis of Year-on-Year Change, by Segment
Contents Analysis of Year-on-Year Change, by Segment Summary of Consolidated Financial Results 5 Net sales (Billion yen) 1.8 -0.5 ■ Aircraft 217.2 • Progress made in manufacture of US-2 3.7 STOL Search and Rescue Amphibian ■ Special Purpose Truck • General demand was strong, 2.0 especially for trans
Slide 6: Summary of Financial Results Forecast for the Fiscal Year Ending March 31, 2020
Summary of Financial Results Forecast for the Fiscal Contents Year Ending March 31, 2020 Summary of Consolidated Financial Results 6 Net sales: Expect to reach “CFG2020” final year target values early, and to set new record highs Operating income: Expect to increase earnings due to increase in r
Slide 7: Financial Results Forecast, by Segment
Contents Financial Results Forecast, by Segment Summary of Consolidated Financial Results 7 (Billion yen) Net sales Operating income Segment FY2018 FY2019 FY2018 FY2019 Change Change (actual) (forecast) (actual) (forecast) Aircraft 43.6 40.3 -3.3 0.6 1.6 +1.0 Special Purpose Truck 92.3 91.2 -1.1 6.5
Slide 8: Aircraft Segment
Contents Aircraft Segment Summary of Consolidated Financial Results 8 Net sales (Billion yen) ■FY2018 results (year-on-year) 43.6 Sales to Ministry of Defense: 40.6 40.3 Progress made in manufacture of US-2 STOL Search and Rescue Amphibian 31.9 Civilian demand: 28.0 Decrease in number of 777 aircraf
Slide 9: Special Purpose Truck Segment
Contents Special Purpose Truck Segment Summary of Consolidated Financial Results 9 Net sales (Billion yen) 90.3 92.3 91.2 ■FY2018 results (year-on-year) 66.1 67.3 • Demand was strong, especially for transportation vehicles (trailers) 43.7 44.4 • Efficiency measures for order/production activities we
Slide 10: Industrial Machinery & Environmental Systems Segment
Contents Industrial Machinery & Environmental Systems Segment Summary of Consolidated Financial Results 10 Net sales (Billion yen) 44.3 ■FY2018 results (year-on-year) Water treatment equipment: 33.8 Steady sales of both equipment and systems 30.0 Mechatronics products: 21.4 Increased sales of vacuum
Slide 11: Parking Systems Segment
Contents Parking Systems Segment Summary of Consolidated Financial Results 11 Net sales (Billion yen) 38.5 31.9 33.8 ■FY2018 results (year-on-year) • Solid progress made in construction of existing orders, 24.0 22.0 both for mechanical car parking systems and for aircraft passenger boarding bridges
Slide 12: Progress of “CFG2020” Medium-term Management Plan
Progress of “CFG2020” 2 Medium-term Management Plan
Slide 13: “CFG2020” Business Performance Targets & Measures
Contents “CFG2020” Business Performance Targets & Measures Progress of “CFG2020” 13 Business Performance Targets Measures During final fiscal year of plan (FY2020), (1) Measures for expanded scale and aim to achieve: increased profit of key businesses Consolidated net sales of ¥230 billion • Produ
Slide 14: Progress in Growth Investments and Shareholder Returns
Contents Progress in Growth Investments and Shareholder Returns Progress of “CFG2020” 14 Planned value* Planned value* FY2018 results Capital investment / M&A Growth investments Operating CF Capital ¥32.0-37.0 billion ¥30.0-40.0 billion ¥9.0 billion investment ¥6.4 billion M&A ¥2.6 billion Procureme
Slide 15: Dividend per Share and Consolidated Dividend Payout Ratio
Contents Dividend per Share and Consolidated Dividend Payout Ratio Progress of “CFG2020” 15 Forecast for FY2019 Dividend per share: 87 yen (including commemorative dividend of 45 yen) Consolidated dividend payout ratio: 90% 100 100.0% 90.0% 90 (Yen) 90.0% 80 80.0% 70 70.0% 45 (Commemorative 58.9
Slide 16: Progress in Growth Investments and Shareholder Returns
Contents Progress in Growth Investments and Shareholder Returns Progress of “CFG2020” 16 Planned value* Planned value* FY2018 results Capital investment / M&A Growth investments Operating CF Capital ¥32.0-37.0 billion ¥30.0-40.0 billion ¥9.0 billion investment ¥6.4 billion M&A ¥2.6 billion Procureme
Slide 17: Growth Investment: Vacuum Products in Industrial Machinery & Environmental Systems
Growth Investment: “Vacuum Products” in Industrial Contents Machinery & Environmental Systems Segment Progress of “CFG2020” 17 Position of vacuum products in Industrial Machinery & Environmental Systems segment Industrial Machinery & Environmental Systems segment Water treatment Mechatronics Environ
Slide 18: History and present state of ShinMaywa vacuum products
Growth Investment: “Vacuum Products” in Industrial Contents Machinery & Environmental Systems Segment Progress of “CFG2020” 18 History and present state of ShinMaywa vacuum products Vacuum Thin Film Coating System: A device that applies a thin coat on objects in a vacuum chamber Decorative films Opt
Slide 19: M&A aimed at expanding underlying hardware: DIAVAC Limited
Growth Investment: “Vacuum Products” in Industrial Contents Machinery & Environmental Systems Segment Progress of “CFG2020” 19 M&A aimed at expanding underlying hardware: DIAVAC Limited Long-established manufacturer of vacuum equipment, boasting excellent technical capabilities and an extensive prod
Slide 20: M&A aimed at entering new areas of business: KOREA VACUUM LIMITED
Growth Investment: “Vacuum Products” in Industrial Contents Machinery & Environmental Systems Segment Progress of “CFG2020” 20 M&A aimed at entering new areas of business: KOREA VACUUM LIMITED Manufacturer of vacuum dryers and other products in areas different to existing ShinMaywa products ■ Aim an
Slide 21: Industrial Machinery & Environmental Systems segment: Net sales
Growth Investment: “Vacuum Products” in Industrial Contents Machinery & Environmental Systems Segment Progress of “CFG2020” 21 Industrial Machinery & Environmental Systems segment: Net sales Net sales in FY2019 are expected to surpass the sales target of 43.5 billion yen set in CFG2020 for the Indus
Slide 22: Supplementary Materials
Supplementary Materials
Slide 23: Company Profile
Contents Company Profile Supplementary Materials 23 Corporate ShinMaywa Industries, Ltd. Name 1-1 Shinmeiwa-cho, Takarazuka-shi, Hyogo 665-8550, Head Office Japan Founded November 5, 1949 Paid-up Capital 15,981,967,991 yen President Tatsuyuki Isogawa, President & CEO Number of Consolidated 5,037 / N
Slide 24: Distribution Ratios of Net Sales & Operating Income by Segment (FY2018)
Distribution Ratios of Net Sales & Operating Contents Income by Segment (FY2018) Supplementary Materials 24 ■Distribution of net sales ■Distribution of operating income 6% 8% 5% 20% 16% 18% 16% 50% 19% 42% Aircraft Special Purpose Truck Industrial Machinery & Parking Systems Others Environmental Sys
Slide 25: Performance over Past 10 Years
Contents Performance over Past 10 Years Supplementary Materials 25 ■Net sales (Billion yen) 230.0 207.3 217.2 193.1 203.9 201.2 174.0 150.9 110.3 107.2 108.9 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 (forecast) ■Operating income, ordinary income, and profit (Billio
Slide 26: Business Performance by Index/Segment
Contents Business Performance by Index/Segment Supplementary Materials 26 Account FY2014 FY2015 FY2016 FY2017 FY2018 Net sales (million yen) 193,131 203,917 201,204 207,335 217,297 Operating income (million yen) 13,635 15,260 13,067 10,594 10,708 Operating income ratio 7.1% 7.5% 6.5% 5.1% 4.9% PBR 1
Slide 27: Consolidated Balance Sheets
Contents Consolidated Balance Sheets Supplementary Materials 27 (Million yen) Account FY2014 FY2015 FY2016 FY2017* FY2018 Cash and deposits 12,920 17,085 18,772 18,750 23,153 Notes and accounts receivable - 77,519 76,642 76,475 74,795 80,955 trade Work in process 23,274 20,702 20,273 19,594 18,468 T
Slide 28: Capital Investments / Depreciation / Research and Development Costs
Capital Investments / Depreciation / Research and Contents Development Costs Supplementary Materials 28 ■ Capital investments (tangible) ■ Depreciation (tangible) ■ Research and development costs (Billion yen) 10.5 5.7 5.8 5.0 4.2 4.2 2.8 2.9 2.5 FY2017 FY2018 FY2019 FY2017 FY2018 FY2019 FY2017 FY20
Slide 29: “CFG2020” Business Performance Targets, by Segment
Contents “CFG2020” Business Performance Targets, by Segment Supplementary Materials 29 (Billion yen) Net sales Operating income Segment FY2019 FY2020 FY2019 FY2020 Change Change (forecast) (target) (forecast) (target) Aircraft 40.3 41.0 +0.7 1.6 3.2 +1.5 Special Purpose Truck 91.2 86.5 -4.7 6.0 5.0
Slide 30: Disclaimer
Disclaimer 30 This document may contain statements about the future or other information aside from historical facts regarding ShinMaywa Industries, Ltd. (hereinafter referred to as the “Company”) or its group companies (hereinafter referred to as the “Group”), such as outlooks, policies, management