Sumitomo Heavy Industries, Ltd. · TSE:6302
Sumitomo Heavy Industries — Q1 2023 Earnings Presentation
15 slides from Sumitomo Heavy Industries's earnings presentation, May 12, 2023
Slide 1: Financial Summary for FY2023-1Q
Financial Summary for FY2023-1Q 2023/5/12 Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 1
Slide 2: Change in Fiscal Year End of FY 2022
2023/5/12 Change in Fiscal Year End of FY 2022 (Financial Year End) 2023 January to March April to June July to September October to December 1Q 2Q 3Q 4Q Domestic 1H of FY2023 2H of FY2023 FY2023 Domestic 12 months 1Q 2Q 3Q 4Q Overseas 1H of FY2023 2H of FY2023 FY2023 Overseas 12 months 2022（Before
Slide 3: Financial Summary for FY2023-1Q
2023/5/12 Financial Summary for FY2023-1Q Orders：260.0 billion / 281.6 billion （21.6）billion Actual FY2023-1Q /Same period of previous Net sales：248.2 billion / 247.3 billion 0.9 billion fiscal year (after adjustment), (change) Operating profit：16.2 billion / 17.0 billion （0.8）billion - Orders: For
Slide 4: Financial Summary for FY2023-1Q
2023/5/12 Financial Summary for FY2023-1Q (Reference) FY2022-1Q FY2023-1Q Forecast FY2023 (After adjustment) Year-on-year Actual (As of February Actual change (2023.1-2023.3) 2023) (2022.1-2022.3) Unit: JPY billion (2023.1-2023.12) Orders 281.6 260.0 (21.6) 1,080.0 Net sales 247.3 248.2 0.9 1,050.0
Slide 5: Performance by Segment for FY2023-1Q
2023/5/12 Performance by Segment for FY2023-1Q Orders Net sales Operating profit FY2022-1Q FY2023-1Q FY2022-1Q FY2023-1Q FY2022-1Q FY2023-1Q (After adjustment) (After adjustment) Change (After adjustment) Change Actual Actual Change Actual Actual Actual Actual /Operating profit ratio /Operating prof
Slide 6: Analysis of Changes in Operating Profit for 2023-1Q
2023/5/12 Analysis of Changes in Operating Profit for 2023-1Q Unit: JPY billion Effect of sales Effect of Selling & Others increases/decre exchange rates administrative ases expenses <Effect of sales increases/decreases by segment> <Selling & administrative expenses> - Increases in personnel costs,
Slide 7: Consolidated Balance Sheet
2023/5/12 Consolidated Balance Sheet Change December 2022 March 2023 Change Unit: JPY billion December 2022 March 2023 Unit: JPY billion Current Assets 711.4 729.8 18.5 Liabilities 571.9 584.9 13.0 Notes and accounts payable Cash and deposits 97.5 96.8 (0.7) - trade 186.3 181.7 (4.6) Notes and accou
Slide 8: Mechatronics
2023/5/12 Mechatronics FY2023-1Q: Orders, sales and operating profit all increased due to strong demand for small-to-medium-sized gear reducers and inverters in Japan, Europe and the US. FY2022-1Q (Reference) FY2023-1Q (After adjustment) Year-on-year Forecast FY2023 Actual Actual change (As of Febru
Slide 9: Industrial Machinery
2023/5/12 Industrial Machinery <Plastics machinery> FY2023-1Q: Orders decreased due to a slowdown in demand for electrical and electronics-related products in China and sluggish investments in Japan and Europe. Sales and operating profit increased due to a backlog of orders. <Others> FY2023-1Q: Orde
Slide 10: Logistics & Construction
2023/5/12 Logistics & Construction <Hydraulic excavators> FY2023-1Q: Orders, sales and operating profit all increased because of strong demand for construction in Japan, although a slowdown in demand for construction in China caused the market to contract. <Others> FY2023-1Q: Orders for mobile crane
Slide 11: Energy & Lifelines
2023/5/12 Energy & Lifelines FY2023-1Q: Orders in the energy plant business increased because of a rise in service projects. Sales decreased due in part to impact from projects which the percentage-of-the-completion method was applied. Operating profit also decreased due to declining profit margins
Slide 12: Reference information on each segment [1]
2023/5/12 Ref. Reference information on each segment [1] <Mechatronics> -Gear reducer business : Sales contribution ratio by model (approximate numbers) For use in Gear motor Gear box precision Electric Service Total (middle size) (large size) equipment control (MCD) FY2023 1Q 40％ 20％ 10％ 10％ 20％ 10
Slide 13: Reference information on each segment [2]
2023/5/12 Ref. Reference information on each segment [2] <Logistics & Construction> - Hydraulic excavators: demand by region/changes in sales (approximate numbers) *Only foreign capital North Asia Unit: 10,000 units (upper row)/ Europe (Excluding China* Japan Others Total America JPY billion (lower
Slide 14: Sales by Regional Segment
2023/5/12 Ref. Sales by Regional Segment Actual FY2023-1Q (2023.1-2023.3) <Exchange rate: JPY132 per US dollar> North America Europe Asia China Others Overseas total Japan Total sales Unit: JPY billion (Excluding China) Mechatronics 10.1 13.8 4.4 4.1 3.6 36.0 17.2 53.2 (Plastics machinery) 2.9 7.3 3
Slide 15: Forward-looking statements notice
2023/5/12 All forward-looking statements regarding the company’s future performance are based on information currently available to Sumitomo Heavy Industries and determined subjectively. Future performance is not guaranteed and all information related to future performance contained herein is subjec
Sumitomo Heavy Industries — Q1 2023 Earnings Presentation on 6ix