Unisol Holdings Corporation · TSE:7128
Unisol — Q3 FY2023 Earnings Presentation
28 slides from Unisol's earnings presentation, November 2023
Slide 1: Third Quarter of FY2023 Earnings Presentation
Third Quarter of FY2023 Earnings Presentation N o v e m b e r 2023 MARUKA FURUSATO Corporation © MARUKA FURUSATO CORPORATION
Slide 2: Consolidated Financial Results
01 Consolidated Financial Results © MARUKA FURUSATO CORPORATION
Slide 3: Third Quarter of FY2023 Consolidated Financial Results Summary
Third Quarter of FY2023 Consolidated Financial Results Summary Net sales Operating profit Profit attributable to owners of parent 129,311 million yen 4,683 million yen 3,859 million yen Year on year：9.3％ increase Year on year：11.8％ increase Year on year：14.3％ increase （JPY million） 200,000 （JPY mill
Slide 4: Third Quarter of FY2023 Consolidated net sales
Third Quarter of FY2023 Consolidated net sales Net sales Year on year Achievement 129,311 million yen 9.3％increase 75.6％ 11,052 million yen increase Q3 Forecasts ：127,979 million yen （JPY million） 200,000 171,000 162,416 160,000 129,311 118,259 120,000 85,159 76,911 80,000 38,819 43,781 40,000 0 Q1
Slide 5: Factors Affecting Segment Net Sales (Market Conditions)
Factors Affecting Segment Net Sales (Market Conditions) - Internal demand of the Machine Tool Builders’ Association decreased 23.1% year on year and external demand decreased 12.1% year on year. (July to September) - The industrial production index decreased slightly, down 3.7% year on year. (July t
Slide 6: Consolidated operating profit
Second Quarter of FY2023 Consolidated operating profit Operating profit Year on year Achievement 4,683million yen 11.8％increase 78.1％ 495 million yen increase Q3 Forecasts ：4,626 million yen （8,000 JPY million） 5,895 6,000 6,000 4,683 4,188 4,000 3,186 2,760 1,767 2,000 1,469 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 7: Factors Affecting Operating Profit (Year on year)
Factors Affecting Operating Profit (Year on year) - Net sales: Construction Machinery sales were lower than the previous year, but sales of Machinery & Tools and Construction Products increased year on year. - Profit margin: Profit decreased due to rising costs such as materials and energy costs. -
Slide 8: Consolidated profit attributable to owners of parent
Third Quarter of FY2023 Consolidated profit attributable to owners of parent Profit attributable to Year on year owners of parent Achievement 3,859million yen 14.3％increase 82.1％ 482 million yen increase Q3Forecast：3,649 million yen （6,000 JPY million） 4,531 4,700 4,000 3,859 3,376 2,598 2,183 2,000
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet - Current assets: Cash and deposits decreased due to acquisition of treasury shares. - Non-current assets: Increase due to acquisition of shares of TS Precision Co., Ltd. Construction in progress increased due to relocation of group company building and construction of a l
Slide 10: Segments
02 Segments © MARUKA FURUSATO CORPORATION
Slide 11: Characteristics of Segments
Characteristics of Segments Machinery and Tools Construction Products A machinery technology trading company with the A construction products trading company with technical skills and proposal capabilities for manufacturing functions that provides providing, as well as designing, the optimum buildin
Slide 12: Segments by Business Company
Segments by Business Company MARUKA FURUSATO Corporation Over seas : KAN G-NET Gifu Shoji Maruka Maruka Corp. KAN 7 Company KAN MANUFACTORY ArPlus Mtass Ref TS Precision Machine tools, Machine tools Machine tools Forming FA devices Industrial CO2 refrigeration FA devices Industrial Washers Food mach
Slide 13: Machinery & Tools Segment
Machinery & Tools Segment - Japan (Machinery) : Machine tool orders for both major enterprises and micro-, small- and medium-sized enterprises are in a wait-and-see stance Investments related to EVs and decarbonization systems are expected to increase - Japan (Tools) : Business confidence in the sem
Slide 14: Machinery & Tools Segment Consolidated Overseas Net Sales
Machinery & Tools Segment Consolidated Overseas Net Sales - Overseas net sales: 25,111 million yen (Year on year: Increased by 4,867 million yen (22.5% increase)) - Proportion of overseas net sales: 20.5% (18.3% in the last year) - In North America, orders for both injection molding machines and mac
Slide 15: Construction Products Segment
Construction Products Segment - Urban redevelopment, manufacturing plants, logistics warehouses, etc. remain steady - The number of projects decreased for small- and medium-scale properties and housing, and margins narrowed due to sales competition for large-scale properties - For housing equipment,
Slide 16: Construction Machinery Segment
Construction Machinery Segment - Customer purchasing appetite has declined due to price hikes in steel materials, various equipment, logistics costs, etc. - Delivery schedule problems continued due to engine and steel material issues, machinery problems, etc. - Outsourcing costs and repair costs inc
Slide 17: IoT Solution Segment (Former Security Segment)
IoT Solution Segment（Former Security Segment） - The number of large-scale projects such as logistics facilities incorporating IP cameras is increasing - Integration synergies and collaboration projects with Group companies are on the rise - Margins are shrinking due to intensifying competition, but
Slide 18: Medium-Term Management Plan
03 Medium-Term Management Plan © MARUKA FURUSATO CORPORATION
Slide 19: Medium-term Management Plan "UNISOL"
Medium-term Management Plan “UNISOL” - FY2022 results exceeded the forecast at the time of formulation (157,000 million yen net sales, 4,100 million yen operating profit, and 4.3% ROE). - In the second year of the 1st Stage, we will establish a base (getting back to growth track) and lead into the 2
Slide 20: Acquisition of Own Shares
Acquisition of Own Shares ・Total number of shares to be acquired: 1,600,000 shares (maximum) (6.3% of total number of issued shares (excluding treasury shares)) ・Total amount of shares to be acquired: 4,000,000,000 yen (maximum) ・Acquisition period: From August 22, 2023 to August 21, 2024 ・Total num
Slide 21: Topics
Topics Reorganization “UNI-MOW” Cow Calving Prediction System ➢ Create new synergies through collaboration among Group ➢ Through the adoption of IT, transform the companies livestock industry into a sustainable form ➢ Accelerate growth by further speeding up implementation ➢ Realize integration syne
Slide 22: Result Forecasts and Dividend Policy
04 Result Forecasts and Dividend Policy © MARUKA FURUSATO CORPORATION
Slide 23: Result Forecasts
Result Forecasts - In light of the recent trend in financial results, we adjusted the full-year result forecast on August 8, 2023 - Ordinary profit in 1H results includes a gain on sale of non-current assets following the relocation of group company building FY2022 Results (JPY million) FY2023 Forec
Slide 24: Dividend Policy
Dividend Policy - Disclosure took place on August 8, 2023 to update the year-end dividend forecast from 51 yen to 55 yen - Shareholders return policy during the medium-term management plan: Profit distribution is based on the consolidated results. The consolidated dividend payout ratio is approximat
Slide 25: Appendix
05 Appendix © MARUKA FURUSATO CORPORATION
Slide 26: Consolidated Segment Quarterly Data
Consolidated Segment Quarterly Data Net sales Segment profits (JPY million) (JPY million) 50,000 2,000 40,000 1,500 30,000 1,000 500 20,000 0 10,000 ▲ 500 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY2022 FY2023 FY2022 FY2023 ＴＯＴＡＬ 1,469 1,291 1,427 1,707 1,767 1,418 1,497 ＴＯＴＡＬ 38,819 38,092 41,34
Slide 27: Disclaimer
Disclaimer ・Notes on this material This material is prepared for the sole purpose of providing information to use as reference, and is not intended as a solicitation for investment. This material contains forward looking statements that reflects Maruka Furusato Corporation's plans and expectations.
Slide 28: UNISOL
UNISOL