Jgc Holdings Corporation · TSE:1963
Jgc — Q4 2023 Earnings Presentation
22 slides from Jgc's earnings presentation, May 11, 2023
Slide 1: Financial Results for Fiscal 2022 Business Overview
Financial Results for Fiscal 2022 Business Overview May 11, 2023 Tadashi Ishizuka Representative Director, President and COO JGC Holdings Corporation
Slide 2: Contents
CONTENTS 【Business Overview】 【BSP 2025 Progress and Outlook】 ➢ Total Engineering Market Environment ➢ For Medium-Term Financial Targets Outlook for FY2023 ➢ For Three Key Strategies ➢ Total Engineering Orders Target for FY2023 ➢ For Growth Strategy Investment ➢ Progress in Major Projects ➢ Functiona
Slide 3: Total Engineering Market Environment Outlook for FY2023
Total Engineering Market Environment Outlook for FY2023 Overseas ⚫ Ongoing implementation of capital investment plans by clients, focused on natural gas and LNG (with lower environmental impact) and with a regard for stable energy supply over the medium to long term ⚫ Progress in LNG projects, inclu
Slide 4: Total Engineering Orders Target for FY2023
Total Engineering Orders Target for FY2023 Value of FY2023 Consolidated Orders Target： 800 Billion Yen Overseas Domestic Orders target for fiscal 2022 620 Billion Yen 180 Billion Yen • Middle East LNG • Pharmaceutical mfg. plants • Middle East Gas Processing • Hospital Expected Projects • Africa LNG
Slide 5: Progress in Major Projects: LNG Canada
Progress in Major Projects：LNG Canada The shipment of modules to the sites are in the final stages. On-site construction and installation activities are at their peak. © 2022 JGC HOLDINGS CORPORATION Enhancing planetary health 5
Slide 6: Progress in Major Projects: LNG Canada
Progress in Major Projects：LNG Canada The shipment of modules to the sites are in the final stages. On-site construction and installation activities are at their peak. © 2022 JGC HOLDINGS CORPORATION Enhancing planetary health 6
Slide 7: API Facility Construction Project for Chugai Pharma Manufacturing
API Facility Construction Project for Small and Mid-Size Molecule Drugs for Chugai Pharma Manufacturing Solidify our position as a leading EPC contractor for pharmaceutical manufacturing plants Won ISPE (International Society for Pharmaceutical Engineering) 2023 Category Winner for Innovation © 2022
Slide 8: Progress in Major Projects: Basrah Refinery Upgrading
Progress in Major Projects： Basrah Refinery Upgrading Detailed design is mostly complete and the fabrication of equipment is in the final stages. The peak of civil work continues, and mechanical work has started at site. © 2022 JGC HOLDINGS CORPORATION Enhancing planetary health 8
Slide 9: Progress in Major Projects: Biomass Power Plant in Ishinomaki
Progress in Major Projects：Biomass Power Plant in Ishinomaki Construction and utility commissioning are complete. Boiler and turbine generator commissioning are underway. © 2022 JGC HOLDINGS CORPORATION Enhancing planetary health 9
Slide 10: Functional Materials Manufacturing Results for FY2022 and Target for FY2023
Functional Materials Manufacturing Results for FY2022 and Target for FY2023 Fiscal 2022 Results Fiscal 2023 Target Results for FY2022/ Approx. Target for FY2023 Net sales 48 Billion Yen 50 Billion Yen Catalysts / Fine Chemicals ＜Market environment＞ • Fuel demand has recovered, with demand especially
Slide 11: BSP 2025 Progress and Outlook
BSP 2025 Progress and Outlook
Slide 12: Progress and Outlook for Medium-Term Financial Targets
Progress and Outlook for Medium-Term Financial Targets Consistent progress toward targets, from favorable market environments and steady implementation of the three key strategies Net sales Operating Net Profit ROE income Forecast Target Target Target （%） Target （Billion yen） 800 800 （Billion yen） （
Slide 13: Progress and Outlook for Three Key Strategies: Transformation of EPC Operations
Progress and Outlook for Three Key Strategies Transformation of EPC operations Current understanding, outlook Policies Increasing competitiveness • Have largely met FY2022 order targets; • With more large EPC projects expected, high standards likely to be maintained focus on securing orders for proj
Slide 14: Three Key Strategies: Functional Materials Manufacturing Expansion
Progress and Outlook for Three Key Strategies Expansion of manufacturing business for high-performance functional materials Current understanding, outlook Policies • Temporary leveling off of demand in the market for • Diversify sources of revenue by developing new clients, semiconductor and semicon
Slide 15: Three Key Strategies: Establishment of Future Engines of Growth
Progress and Outlook for Three Key Strategies Establishment of future engines of growth Segments of focus through FY2025 Offshore wind power / Hydrogen, fuel ammonia / SAF / Chemical recycling of plastic and fiber waste Current understanding, outlook Policies • Markets for hydrogen/ammonia, SAF, and
Slide 16: Progress and Outlook for Three Key Strategies
Progress and Outlook for Three Key Strategies Establishment of future engines of growth Topics Alliance formed with TOYO for SAF plants – cultivating business from a long-term view • Alliance agreement on FEED and EPC services for domestic SAF plants was signed with Toyo Engineering Corporation • Re
Slide 17: Progress and Outlook for Growth Strategy Investment
Progress and Outlook for Growth Strategy Investment Growth strategy investment Approx. 32 billion yen invested (mainly in R&D and facilities) out of 200 billion yen allocated. Expecting approx. 100 billion yen of investment, Including projects to be invested in FY2023 and beyond (internal investment
Slide 18: BSP2025 Status of Key Strategies
（APPENDIX） BSP2025 Status of Key Strategies 18
Slide 19: Key Strategy 1 and 2: Transformation of EPC, Functional Materials
Key Strategy①② Transformation of EPC operations/ Expansion of manufacturing for high-performance functional materials Large Projects • JGC India EPC Private Limited established as a new base of executing EPC projects overseas, enabling responsiveness to Transformation of EPC Expansion of execution c
Slide 20: Key Strategy 3: Establishment of Future Engines of Growth
Key Strategy③ Establishment of future engines of growth Groundwork Laid for Sales of 50 Billion Yen by 2025 • Alliance agreement signed with Toyo Engineering on services for domestic SAF plants Energy Transition Field • Receiving EPC orders for ground facilities at blue hydrogen/ammonia pilot plants
Slide 21: Key Strategy 3: Establishment of Future Engines of Growth
Key Strategy③ Establishment of future engines of growth Cultivating Business from a Long-term View • "Development of Polymer Synthesis Technology by Microorganisms using Energy Transition Field CO2 as Direct Raw Material" selected as a NEDO Green Innovation Fund Project; biomanufacturing now underwa
Slide 22: Note on Future Outlook
Note on Future Outlook This presentation may contain forward-looking statements about JGC Holdings Corporation. You can identify these statements by the fact that they do not relate strictly to historic or current facts. These statements discuss future expectations, identify strategies, contain proj