Japan Elevator Service Holdings Co., Ltd. · TSE:6544

Japan Elevator Service — FY2019/3 Earnings Presentation

25 slides from Japan Elevator Service's earnings presentation, May 13, 2019

  1. Slide 1: FYE2019/3 Financial Results

    FYE2019/3 Financial Results Japan Elevator Service Holdings (TSE 1st Section: 6544) May 13, 2019 Copyright © japan elevator service holdings all rights reserved

  2. Slide 2: Contents

    Contents 2 １ FY2019/3 Financial Results ２ FY2020/3 Financial Forecasts ３ Priority Issues for the Current Fiscal Year 4 Future Business Development Copyright © japan elevator service holdings all rights reserved

  3. Slide 3: FY2019/3 Financial Results

    3 FY2019/3 Financial Results Copyright © japan elevator service holdings all rights reserved

  4. Slide 4: FYE2019/3 Financial Results (Performance)

    FYE2019/3 Financial Results (Performance) 4 Recorded a record high for sales and each level of profit (million yen) FY2018/3 FY2019/3 Change Earnings Ratio to Ratio to y/y (%) （YoY） Outlook Actual sales Actual sales （%） (%) (%) Net sales 15,326 100.0 17,900 100.0 116.8 102.3 17,500 Cost of sales 10,

  5. Slide 5: FYE2019/3 Financial Results (Sales by Business)

    FYE2019/3 Financial Results (Sales by Business) 5 (million yen) FY2018/3 FY2019/3 y/y (%) Amount Ratio (%) Actual Ratio (%) Maintenance Services 12,035 78.5 13,536 75.6 112.5 (including Preservation) Renewal Services 3,254 21.2 4,309 24.1 132.4 Other 36 0.3 54 0.3 148.3 Total 15,326 100.0 17,900 100

  6. Slide 6: FYE2019/3 Financial Results (B/S)

    FYE2019/3 Financial Results (B/S) 6 (million yen) FY2018/3 FY2019/3 y/y (%) Actual Ratio (%) Actual Ratio (%) Current assets 4,919 46.3 5,568 48.5 113.2 Cash and deposits 1,295 12.2 1,045 9.1 80.7 Notes and accounts 1,993 18.8 2,544 22.2 127.6 receivable Property, plant and 4,189 39.4 4,179 36.4 99.

  7. Slide 7: FY2019/3 Financial Results (Cash Flows)

    FY2019/3 Financial Results (Cash Flows) 7 (million yen) FY2018/3 FY2019/3 Change from Actual Actual previous period Cash and cash equivalents 1,105 1,258 153 at beginning of the year Cash flows from operating activities 1,725 1,617 (107) Cash flows from investing activities (2,828) (736) 2,092 Free

  8. Slide 8: Dividends

    Dividends 8 (yen) FY2018/3 FY2019/3 Change Actual Actual from previous period ¥26 Annual dividend amount ¥14 +¥12 [¥13] Interim dividend ― ― ― ¥22 Year-end dividend ￥14 +¥8 [¥11] ¥4 Commemorative dividend ― +¥4 [¥2] Total dividend amount ￥280m ¥523m +¥243m Payout ratio (consolidated) 33.1% 41.3% +8.

  9. Slide 9: FY2020/3 Financial Forecasts

    9 FY2020/3 Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  10. Slide 10: FY2020/3 Consolidated Financial Forecasts

    FY2020/3 Consolidated Financial Forecasts 10 1H 2H Full year FY FY FY Unit: million yen; % FY2020/3 Forecast FY2020/3 Forecast FY2020/3 Forecast 2019/3 2019/3 2019/3 Amount Amount y/y Amount Amount y/y Amount Amount y/y Net sales 8,200 9,600 117.1 9,700 10,400 107.2 17,900 20,000 111.7 Operating inc

  11. Slide 11: FY2020/3 Consolidated Financial Forecasts (Sales by Business)

    FY2020/3 Consolidated Financial Forecasts (Sales by Business) 11 1H 2H Full year Unit: million yen; % FY2019/3 FY2020/3 Forecast FY2019/3 FY2020/3 Forecast FY2019/3 FY2020/3 Forecast Amount Amount y/y Amount Amount y/y Amount Amount y/y Maintenance Services 6,480 7,000 108.0 7,056 7,400 104.9 13,536

  12. Slide 12: Priority Issues for the Current Fiscal Year

    12 Priority Issues for the Current Fiscal Year Copyright © japan elevator service holdings all rights reserved

  13. Slide 13: Major Challenges for the Fiscal Year

    Major Challenges for the Fiscal Year 13 １ Increase in Maintenance Contracts Further Enhancement of ２ the Modernization Business Enhancement of ３ the Lift SPOT Business 4 Boost in Operating Margin Copyright © japan elevator service holdings all rights reserved

  14. Slide 14: Increase in Maintenance Contracts

    Increase in Maintenance Contracts 14 1. Focus on the Kansai, Tokai, and ２. Boost in share in the Tokyo metropolitan Kyushu regions area (1) Kansai Seek to further boost productivity by boosting market ○Establishment of the Kyoto Service Office (April) share through enhanced strategic dominance and ⇒

  15. Slide 15: Further Enhancement of the Modernization Business

    Further Enhancement of the Modernization Business 15 Further enhance the Modernization business to respond to a future rise in modernization demand 1. Overall Renewal 2.Quick Renewal ○The enhancement of capability for the JES Innovation ○Started sales for two models in June 2018 Center (JIC) bore fr

  16. Slide 16: Enhancement of the Lift SPOT Business

    Enhancement of the Lift SPOT Business 16 1. Insourcing of Lift SPOT business 2. Increase in equipped units ○JES considers elevator cars to be information media, ○Launch a Media business for the purpose of and places signage screens equipped with security providing added value to the Maintenance came

  17. Slide 17: Boost in Operating Margin

    Boost in Operating Margin 17 1.Enhancement of overseas procurement of parts (1) Thorough verification with JIC (2) Discovery of and relationship-building with superior parts manufacturers 2.Proactive use of repair parts 3.Reduction of costs and outsourcing costs for renewal construction through the

  18. Slide 18: Construction of JIC II

    Construction of JIC II 18 Purpose １. Accelerated Quick Renewal development ⇒Boosted sales and operating margin ２. Enhanced inspection capability for parts procured overseas ⇒Boosted operating margin ３. Further enhancement of parts centers (1) Enhanced capability to respond to failures ⇒Boosted servi

  19. Slide 19: Future Business Development

    19 Future Business Development Copyright © japan elevator service holdings all rights reserved

  20. Slide 20: Future Business Development (Aiming to Build Up Global Standard Business)

    Future Business Development(Aiming to Build Up Global Standard Business) 20 Domestic Overseas Business Now Onwards Now Onwards Steady increase in Aiming to reach a Maintenance number of business scale on Developing business in ・ maintenance Developing business in par with EV Southeast Asian contract

  21. Slide 21: Financial Supplement

    21 Financial Supplement Copyright © japan elevator service holdings all rights reserved

  22. Slide 22: Reference: Coverage

    Reference: Coverage 22 As of May 1, 2019 JES Hokkaido 9 offices 74 offices JES HD 2 offices JES Josai 14 offices (+1) * JES Jonan 14 offices Japan Elevator Parts 7 offices JES Kanagawa 16 offices (△1) * JES Tokai 6 offices (+2) JES Kansai 5 offices (+2) JES Kyusyu 1 office (+1) * Change of jurisdict

  23. Slide 23: Reference: Financial Highlights (1)

    Reference: Financial Highlights (1) 23 Net sales Operating income (Million yen) (Million yen) 2,034 17,900 15,326 13,544 11,891 1,351 10,499 729 588 611 FY15/3 FY16/3 FY17/3 FY18/3 FY19/3 FY15/3 FY16/3 FY17/3 FY18/3 FY19/3 Ordinary income Net income attributable to owners of the parent (Million yen)

  24. Slide 24: Reference: Financial Highlights (2)

    Reference: Financial Highlights (2) 24 Net assets / total assets (Million yen) Net assets Total assets 11,484 10,624 7,848 6,552 5,530 3,937 2,870 2,072 886 793 FY15/3 FY16/3 FY17/3 FY18/3 FY19/3 Net assets per share Net income per share (Yen) 96.84 (Yen) 70.26 31.50 51.36 21.17 24.98 12.69 10.17 8.

  25. Slide 25: Disclaimer and Caution Concerning Forward-looking statements

    Disclaimer and Caution Concerning Forward-looking statements 25 Disclaimer  Japan Elevator Service Holdings (the “Company”) has prepared these materials for your reference, so that you may understand the current status of the Company  While these materials have been prepared based on generally-kno

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