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

Japan Elevator Service — Q2 FY2021/3 Earnings Presentation

22 slides from Japan Elevator Service's earnings presentation, Nov 18, 2020

  1. Slide 1: FY2021/3 Second Quarter Results

    FY2021/3 Second Quarter Results November 18, 2020 Japan Elevator Service Holdings Co., Ltd. (TSE 1st Section: 6544) Copyright © japan elevator service holdings all rights reserved

  2. Slide 2: Contents

    Contents 2 １ FY2021/3 Second Quarter Results ２ FY2021/3 Consolidated Financial Forecasts 3 First Half Financial Highlights Copyright © japan elevator service holdings all rights reserved

  3. Slide 3: FY2021/3 Second Quarter Results

    3 FY2021/3 Second Quarter Results Copyright © japan elevator service holdings all rights reserved

  4. Slide 4: FY2021/3 Second Quarter Results (Performance)

    FY2021/3 Second Quarter Results (Performance) 4 (Million yen) FY2020/3 2Ｑ FY2021/3 2Q YoY (%) Forecast (as of May Ratio to Ratio to Actual Actual 11, 2020) sales (%) sales (%) Net sales 10,370 100.0 10,967 100.0 105.8 11,000 Cost of sales 6,609 63.7 6,687 61.0 101.2 Gross profit 3,761 36.3 4,280 39.

  5. Slide 5: FY2021/3 Second Quarter Results (Sales by Business)

    FY2021/3 Second Quarter Results (Sales by Business) 5 (Million yen) FY2020/3 2Ｑ FY2021/3 2Ｑ YoY (%) Amount Ratio (%) Actual Ratio (%) Maintenance and Preservation 7,320 70.6 8,240 75.1 112.6 Services Modernization Services 2,710 26.1 2,344 21.4 86.5 Other 340 3.3 382 3.5 112.3 Total 10,370 100.0 10,

  6. Slide 6: FY2021/3 Second Quarter Results (B/S)

    FY2021/3 Second Quarter Results (B/S) 6 (Million yen) FY2020/3 2Q FY2020/3 FY2021/3 2Q Ratio Ratio Ratio YoY (%) Actual Actual Actual (%) (%) (%) Current assets 5,960 45.6 6,356 44.5 6,602 42.6 103.9 Cash and 1,066 8.2 1,145 8.0 1,420 9.2 124.0 deposits Notes and accounts 2,722 20.8 2,781 19.5 2,791

  7. Slide 7: FY2021/3 Consolidated Financial Forecasts

    7 FY2021/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  8. Slide 8: FY2021/3 Consolidated Financial Forecasts

    FY2021/3 Consolidated Financial Forecasts 8 1H 2H Full year Unit: million FY2021/3 FY2021/ FY2021/3 FY2021/ FY2021/3 yen; % FY FY2021/3 Result FY 3 Forecast FY 3 Forecast 2020/3 Forecast 2020/3 Forecast 2020/3 Forecast YoY (initial) YoY (initial) YoY Net sales 10,370 11,000 10,967 105.8 10,968 12,00

  9. Slide 9: FY2021/3 Consolidated Financial Forecasts (Sales by Business)

    FY2021/3 Consolidated Financial Forecasts (Sales by Business) 9 1H 2H Full year FY FY2021/3 FY FY2021/3 FY FY2021/3 Unit: million yen; % Forecast Forecast 2020/3 Result 2020/3 2020/3 (as of November 12, 2020) (as of November 12, 2020) Amount Amount YoY Amount Amount YoY Amount Amount YoY Maintenance

  10. Slide 10: Dividends

    Dividends 10 FY2019/3 FY2020/3 FY2021/3 YoY Actual Actual Plan ¥22 Annual dividend amount ¥13 ¥18 +¥4 [¥11] Up ¥22 Year-end dividend ¥11 ¥18 +¥4 [¥11] Commemorative ¥2 - - - dividend Total dividend amount ¥523million ¥729million ¥969million +¥240million YoY 133% Payout ratio (consolidated) 41.3％ 42.

  11. Slide 11: First Half Financial Highlights

    11 First Half Financial Highlights Copyright © japan elevator service holdings all rights reserved

  12. Slide 12: Solid Increase in New Maintenance Contracts

    First Half Financial Highlights: 12 Solid Increase in New Maintenance Contracts Elevators under maintenance contracts Net increase in maintenance contracts Approx. 5,900 Non-consolidated M&A （unit） Seiko Elevator Co., Ltd. Miyoshi Elevator Co., Ltd. End of Sep. 2020 8,000 NS Elevator Co., Ltd. Cosmo

  13. Slide 13: Completion of JES Innovation Center Lab (JIL)

    First Half Financial Highlights: 13 Completion of JES Innovation Center Lab (JIL) JES Innovation Center Lab (JIL) Reference: JES Innovation Center (JIC) Three-floor building with about 33-meter high- Three-floor building with about 50-meter high- rise test tower, Six test elevators rise test tower,F

  14. Slide 14: Brisk Modernization Business

    First Half Financial Highlights: Brisk Modernization Business 14 One-time Modernization Performance declined year on year in 1H due to postponement of projects amid the new coronavirus pandemic and the backlash from a last-minute surge before a tax hike in the same period of the previous year, but f

  15. Slide 15: Solid LiftSPOT Contracts

    First Half Financial Highlights: Solid LiftSPOT Contracts 15 Increase in equipped units ○Launch a Media business for the purpose of providing added value to maintenance business and cultivating a new source of revenue in April 2019 ○Aim to increase the number of equipped units as an effective approa

  16. Slide 16: Financial Supplement

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

  17. Slide 17: Reference: Our Growth

    Reference: Our Growth 17 Net sales ¥21.3bn Elevators under maintenance contracts Approx. 54,900 Net sales ¥17.9bn Elevators under maintenance contracts Approx. 48,900 Net sales ¥13.5bn Elevators under maintenance contracts Approx. 38,800 Net sales ¥10.4bn Elevators under maintenance contracts Approx

  18. Slide 18: Reference: Coverage

    Reference: Coverage 18 As December 1, 2020 JES Hokkaido ：9 offices 98 offices JES HD ：3 offices (+1) JES Jyonan ：16 offices JES Jyosai ：15 offices (+1) Japan Elevator Parts ：8 offices JES Kanagawa ：16 offices JES Tokai ：7 offices (+1) JES Kansai ：7 offices (+1) JES Kyusyu ：1 office 【M&A】 Seiko Eleva

  19. Slide 19: Reference: Future Business Development

    Reference: Future Business Development 19 (Aiming to Build Up Global Standard Business) Domestic Overseas (mainly Southeast Asia) Bu sine ss Now Onwards Now and Onwards Steady increase in Aiming to reach a Maintenance number of Conduct research for local needs and market business scale on par mainte

  20. Slide 20: Reference: Financial Highlights (1)

    Reference: Financial Highlights (1) 20 Net sales Operating profit (Million yen) (Million yen) 21,339 2,717 17,900 2,034 15,326 13,544 11,891 1,351 729 611 FY16/3 FY17/3 FY18/3 FY19/3 FY20/3 FY16/3 FY17/3 FY18/3 FY19/3 FY20/3 Note 1: Results are on a consolidated basis for FY2015 and onward Note 1: R

  21. Slide 21: Reference: Financial Highlights (2)

    Reference: Financial Highlights (2) 21 Net assets / total assets (Million yen) Net assets Total assets 14,297 11,484 10,624 7,848 6,552 5,177 3,937 2,870 2,072 793 FY16/3 FY17/3 FY18/3 FY19/3 FY20/3 Note 1: Results are on a consolidated basis for FY2015 and onward Net assets per share Net income per

  22. Slide 22: Disclaimer and Caution Concerning Forward-looking statements

    Disclaimer and Caution Concerning Forward-looking statements 22 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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