Nippon Air Conditioning Services Co., Ltd. · TSE:4658
Nippon Air Conditioning Services — Q2 FY2020 Earnings Presentation
28 slides from Nippon Air Conditioning Services's earnings presentation, November 2019
Slide 1: 2nd Quarter of Fiscal Year Ended March 2020 Financial Results Reference Materials
We are the doctor of your invisible air. 2nd Quarter of Fiscal year ended March 2020 Financial Results Reference Materials November 2019 TSE 1st section, NSE 1st section: 4658 1
Slide 2: Contents
Contents I. Overview and Strength of Nippon Air Conditioning Group II. Results Highlights III. 2019 Five-Year Mid-Term Management Plan IV. Stock-Related Information 2 We are the doctor of your invisible air.
Slide 3: Overview and Strength of Nippon Air Conditioning Group 1/9
I. Overview and Strength of Nippon Air Conditioning Group 1/9 ■ Regular employees ■Number of employees (persons) ■ Average temporarily employed workers Company overview Stock-related information [ ] Technical employees 2,993 3,074 2,914 2,967 [2,500] [2,405] [2,421] [2,418] Establishment April 28, 1
Slide 4: Creation of social value and economic value 2/9
I. Overview and Strength of Nippon Air Conditioning Group 2/9 To make all our stakeholders happier Creation of social value Management philosophy Bringing together the technological capabilities and human resources to maintain optimal environments and give our clients peace of mind through top quali
Slide 5: Social value, business model and business description 3/9
I. Overview and Strength of Nippon Air Conditioning Group 3/9 ■ Creation of social value ■ Business model ■ Business description (movie: 196sec) Management philosophy Bringing together the technological capabilities and human Resident Renovation resources to maintain optimal environments and give ou
Slide 6: Net sales and operating income changes since foundation 4/9
I. Overview and Strength of Nippon Air Conditioning Group 4/9 ■ Net sales (left axis) ∎Net sales and operating income changes since foundation (Millions of yen) ● Operating income (right axis) 60,000 6,000 To make all our stakeholders happier Oct 2007 Mar 2018 (1) [Customers] Provision of high-added
Slide 7: Base information 5/9
I. Overview and Strength of Nippon Air Conditioning Group 5/9 Japan ■ Base information ★ Achieved expansion to all prefectures in March 2018 as for domestic aspects, and pushed spread of transactions ・ Nippon Air Conditioning with companies that have nationwide reach. ★ Overseas, promoted aggressive
Slide 8: Position in industry sector 6/9
I. Overview and Strength of Nippon Air Conditioning Group 6/9 ■ Position in industry sector Building maintenance industry Specialized approx. ¥3.9 trillion here General cleaning Security guard, etc. Facilities management approx. ¥2.4 trillion approx. ¥0.8 trillion approx. ¥0.7 trillion (approx. 60%)
Slide 9: Strengths: independent group and annual contracts 7/9
I. Overview and Strength of Nippon Air Conditioning Group 7/9 As the Group is an independent company group, it is Almost half of net sales come from stable annual 1 possible to handle any event, regardless of the maker. No restrictions 2 contracts. Slight impact by makers from economy Company A- Com
Slide 10: Inclination to facilities with special environments 8/9
I. Overview and Strength of Nippon Air Conditioning Group 8/9 ∎ Reasons for inclination to facilities with special environments Hospitals Manufacturing plants Office building Air conditioning equipment in Air conditioning equipment in Air conditioning equipment in operating room breaks down manufact
Slide 11: Maintenance service examples and validation total support 9/9
I. Overview and Strength of Nippon Air Conditioning Group 9/9 ■ Maintenance services examples and features ■ Validation total support Central surveillance service Solution proposals Tool to make pharmaceutical manufacturing facilities as future core products Support for eligibility verification of m
Slide 12: Contents
Contents I. Overview and Strength of Nippon Air Conditioning Group II. Results Highlights III. 2019 Five-Year Mid-Term Management Plan IV. Stock-Related Information 12 We are the doctor of your invisible air.
Slide 13: Results Highlights 1/7: Management results
II. Results Highlights 1/7 ∎ Management results (Millions of yen, %) 2Q FY03/2018 2Q FY03/2019 2Q FY03/2020 Consolidated (Cumulative period) Year-on-year Year-on-year Year-on-year Amount Ratio to sales Amount Ratio to sales Amount Ratio to sales growth ratio growth ratio growth ratio Net sales 21,23
Slide 14: Results Highlights 2/7: Quarterly net sales and income
II. Results Highlights 2/7 ■Net sales by quarter (Millions of yen) ■ Maintenance services net sales ■ Renovation work construction work volume 8,852 8,697 8,685 7,884 8,301 8,268 7,500 7,645 7,459 7,729 7,258 6,905 7,090 5,158 4,963 5,348 4,430 4,493 3,707 3,500 2,561 2,543 2,435 2,845 2,673 2,698 2
Slide 15: Results Highlights 3/7: Net sales by facility
II. Results Highlights 3/7 ■Net sales (Millions of yen) (1) For hospitals and research facilities, and manufacturing plants, etc., increased mainly due to favorable status of ■ Maintenance services net sales renovation work and spot maintenance (inside dotted line frame, annual contract sales) ■ Ren
Slide 16: Results Highlights 4/7: Sales by facility type
II. Results Highlights 4/7 ■Net ■Net sales sales by facilities by facilities of which of which services services are entrusted are entrusted ■ Maintenance services net sales by facilities of which services ■ Renovation work construction work volume by facilities of which (Millions (Millions of yen)
Slide 17: Results Highlights 5/7: Gross profit and overseas results
II. Results Highlights 5/7 ■Gross profit on sales (Millions of yen) ■Gross profit margin (%) ■ ● Gross profit margin ● Maintenance services gross profit margin On gross profit on sales ■ Maintenance services net sales ■ Renovation work construction work volume ● Completed construction gross profit m
Slide 18: Results Highlights 6/7: Financial position and cash flows
II. Results Highlights 6/7 ■ Financial position (Millions of yen, %) ■ Capital adequacy ratio (%) FY03/2019 2Q FY03/2020 Consolidated (as of the end of period) Year-on-year growth Year-on-year growth Amount Amount ratio ratio 20,225 +6.5 19,282 (4.7) Current assets 50.3 53.8 47.1 49.0 Fixed assets 1
Slide 19: Results Highlights 7/7: Management results and forecast
II. Results Highlights 7/7 ■ Management results (Millions of yen, %) FY03/2018 FY03/2019 FY03/2020 Consolidated 2Q 2Q 4Q 2Q 2Q 4Q 2Q 4Q 2Q (Cumulative period) progress progress Amount progress Amount Amount rate Amount Amount rate Amount (forecast) rate Net sales 21,230 45,467 46.7 20,346 46,389 43.
Slide 20: Contents
Contents I. Overview and Strength of Nippon Air Conditioning Group II. Results Highlights III. 2019 Five-Year Mid-Term Management Plan IV. Stock-Related Information 20 We are the doctor of your invisible air.
Slide 21: 2019 Five-Year Mid-Term Management Plan 1/4: Review of previous plan
III. 2019 Five-Year Mid-Term Management Plan 1/4 Results of 2016 Three-Year Mid-Term Management Plan [review of previous mid-term management plan] (Millions of yen, %) Fiscal year ended March 2016 Fiscal year ended March 2019 Fiscal year ended March 2019 (results) (results) (plan) Consolidated (Cumu
Slide 22: Long-term vision: To make all our stakeholders happier
III. 2019 Five-Year Mid-Term Management Plan 2/4 Long-term vision: “To make all our stakeholders happier” Customers Employees Shareholders Provision of high-added value services Improvement of satisfaction level and Implementation of stable returns technological capabilities ■ Toward 10 years from n
Slide 23: 2019 Five-Year Mid-Term Management Plan 3/4
III. 2019 Five-Year Mid-Term Management Plan 3/4 ■Ratio of sales of facilities that have special ■Ratio of operating income overseas (%) ■Employee satisfaction level (%) environment (%) 5.0 75.0 70.0 72.4 72.5 71.8 71.9 3.7 67.0 66.5 65.9 65.2 63.5 3.0 1.0 -1.0 2016.3 2017.3 2018.3 2019.3 2020.3 202
Slide 24: 2019 Five-Year Mid-Term Management Plan 4/4
III. 2019 Five-Year Mid-Term Management Plan 4/4 ■Net sales (Millions of yen) ■Operating income (Millions of yen) ■Operating income to sales (%) 55,000 45,467 46,389 48,000 3,000 42,579 43,143 Maintaining 2,600 2,650 2,323 2,394 2,481 5.5 5.6 5.5 5.6 5.5 5.5% 2016.3 2017.3 2018.3 2019.3 2020.3 2024.
Slide 25: Contents
Contents I. Overview and Strength of Nippon Air Conditioning Group II. Results Highlights III. 2019 Five-Year Mid-Term Management Plan IV. Stock-Related Information 25 We are the doctor of your invisible air.
Slide 26: Stock-Related Information 1/2
IV. Stock-Related Information 1/2 ■ Status of distribution of shares by owners (%) ■Number of shareholders (persons) ■ Individuals, other ■ Financial institutions ■ Foreign corporations, etc. ■ Other corporations ■ Financial instruments traders ■ Treasury stock 2019.9 50.94 35.43 7.86 5,463 5,688 5,
Slide 27: Stock-Related Information 2/2
IV. Stock-Related Information 2/2 ■ROE (%) ■Dividend payout ratio (%) ■Dividend-on-equity ratio (%) 10.5 10.8 56.5 5.5 10.0 51.4 51.6 50.9 5.4 5.2 50.1 7.0 4.0 2016.3 2017.3 2018.3 2019.3 2016.3 2017.3 2018.3 2019.3 2020.3 2016.3 2017.3 2018.3 2019.3 ■Price book-value ratio (x) ■(PBR＝1 ■(PBR＞1 (PBR＜
Slide 28: www.nikku.co.jp/en
www.nikku.co.jp/en In charge of IR: Corporate Planning Division E-mail：ir4658@nikku.co.jp These materials were prepared by Nippon Air Conditioning Services Co., Ltd. (the “Company”) for the purpose of understanding the current status of the Company, and do not aim at solicitation for investment in s
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