Yokorei Co. Ltd. · TSE:2874
Yokorei — Q2 FY2017 Earnings Presentation
28 slides from Yokorei's earnings presentation, Jun 6, 2017
Slide 1: Q2 FY2017 Financial Results Briefing
$3 708A(20175F9 FHA) Rom +HWRARAS RRS BU) bey
Slide 2: Table of Contents
Ei 2 —Table of Contents I .20174F9 AR B22 YyaAz 1V.2017F9AW BRATS 1.20174F9 A BAER VY 1. HeBRHeS V SLRS 2. BFAD EAE Flap The Wings 2017 3. LER ERR OL gE we —= Zz : 4.449 170—Hee -BCrEPeae 5. REBATORR I.CSRO RHA VLA “RABE FS ‘Ra Se AH
Slide 3: FY2017 Quarter Topics
FY2017 24 Quarter Topics 3 BDU way
Slide 4: FY2017 Q2 Topics
201779 AR B20+4HKE WIA REBOWRLL ISL +) + 2016412. RRMBABRII RRB RLY S— (RM) Ie L + 2018462 ATi THE. INAHEFIW21,100bKY + RRR SIS AOA, MR RW ACOSHIBREDILI Bb - SLA) Y—PRA MICRA L EEN CDT + BURICM BAILEY RR BL WIA RCEMS 8,875t)hU—1—F7 ILERA, IIR FBV TAF AR he > + 20164611, sb iei8 ARS SATII CHT 47 IL—F
Slide 5: FY2017 2nd Quarter Financial Summary
Il. 20177F9F aoe w aI) | FY2017 2°¢ Quarter Financial Summary 5 BDU way
Slide 6: Financial Summary
Rae Sie FEL 4.8%, BSAR 10.8% (WA: 75 FA) 16/00% | _17/00% Wem 11H 82040 | 2M ame HR SEI it £— f 75,572 79,167 3,594 48% 83,000 95.4% @ & FA) 2,853 3,160 307 10.8% 3,200 98.8% GH A # 3,082 3,430 348 11.3% 3,400 100.9% Ee aiaenee 1,984 1,976 As} = A04% 2,000 98.8% 10, 000 8, 000 6, 000 4, 000 2, 000 0
Slide 7: Results by Segment
27 AD EAERE ARABS R SRI Baa B ILS a (WL: F) che BRAD 16/0989 17/0934 BIE Fal ALL 16/0989 17/0934 Lialaladead Bow | lost reper eres 2 | lr ea PPE YR) «12,663 ~—s:12,596 Aéée | A05% 3,263 3065 Ai97/ A61% BEAARFEMSE | 62,879 66,540 3,661 5.8% 678 1,262 583 86.0% EMtth 29 30 0 24% 16 28 11 66.2% & it 75
Slide 8: Operating Income Analysis
27 AUER WRABSS FTL 12599 5A (Fal A66a AA : 0.5%) EO REA (=618RER) DAG (Bi : BAA) 4434 14,000 12,000 10,000 8,000 /e oRMMROKR 6,000 AGRRE . HIRE 2.3% if 4,000 FHRSER 6.45% 2,000 eHLOFGEREA BRAMA + 8BAA 3.3% ig o | REAURA A2068 AFI 3.2% se, rom (RAAF (0.996 Dy 8 Sie DOr
Slide 9: Ordinary Income Analysis
27 AUER WRABSS SAS :3,065H 5A (ARIAL A 197 BB : 6.1%) (ERHREA) meg BB AR . EBAR one) (Bin : BEF) Bre > wD a ( mama aw | 4, 263 ps jose neunennenensenencesccnsnnengusascacsaconsn Abs RR TO sn @R BO *BRAROTGEREA DARRMD : 100878 WR YS —DNDELAAORY MAME A#tR#M : 1I7BBARD PBNTRAIC k SERABO MIN RHR: wBanAR
Slide 10: Net Sales Analysis
(EG REA) 70,000 5 60,000 | 50,000 | 40,000 30,000 { 27 AUER BmktSe Fe Le : 66,5408 5 (At + 3,661 G5 :5.8%i8) (Bf : BF) 62, 878 16/09%) 2 BEA tO 66, 540 BER tOtb 17/09%) $24 KE EOE 32m +4, 208 +34 A395 A186 | WHREA AdB1 | BEG +e LROECEREA KE HATE LIS S905 ay BERABLR E-7 Fry 10 (+3148 F (+ 8f@F (A108
Slide 11: Operating Income Analysis
27 AUER RmmRtSz BRAS ,2628 57 (BIL +583 4 : 86.0%) (EC RED) #83 BER to BaRR an aes we i Y 2 OR Gee 1400 #220 1, 262 +1, 211 1200 1000; I RUUD... Secrerrrrererrrrrrrrer(. oc ceeeeeeeseeeeeeeesees 800 ~~ lU[llU wn ¢ BR RAROTCHREA | KER SOS (@N RI) +1, 169554 mo | (N R&S +1, 0608 5F)) Ry +187/85A 5 Hit
Slide 12: Balance Sheet Summary
3. He Be eat ARS OD Hae (A) (8B) 16/0994 17/099] 16/0994 17/0998 RE wen | wom | MM | ARE | go | omy | aM FMR 41,116 64,040 16,324 || FrBAR 34,958 46,245 11,286 RA 3,120 7,987 4,847 RHA 5,413 5,146 A267 TER 17,616 19,076 1,459 SGMBAS *1 24,516 32,785 8,268 Ba 24,003 25,054 1,951 AR 30,046 50,942 20,8
Slide 13: Cash Flow Summary
4-~y170—it Ae (Bi) (aR) BCE RACE JIY—CF RAIS CF 12, 000 | (@) 16/09A88 (B) 17/09AR 8, 000 ; 4,000 5 502 — com LJ -8, 000 AT, 945 -12, 000 A110, 646 410143 A12. 191 ( OMRCF ©7U—CF BRESRSM4AMMAR +3440 (MFR A 206 FA ) RHR +2248F = Tez ON ATF OMBICF id NREOwM A458 (ee gz R4t 30) OR CF ( ABAERERBXH A 38k
Slide 14: Capital Expenditure and Depreciation
SARERICOURR FA 20F) : RARER AAR EAe 15/0981 16/098] 17/0991 (FA 1%) Rie Re FE rp i 10.0 10.0 10.0 WR 10.0 10.0 10.0 4h 20.0 20.0 20.0 20 15 0 41.1 5 0; i (FA) 15/098 16/099 11/0998 me xe FE 14 BUS wer
Slide 15: d -..
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Slide 16: High-efficiency natural refrigerant freezer, Thailand center
高効率自然冷媒冷凍機 タイ国 バンパコン第２物流センター @YOKOHAMAFC
Slide 17: Earnings Forecast for the FY2017
VV. 2017F9AR BRAT - Earnings Forecast for the FY2017 BDU way
Slide 18: FY2017 Earnings Forecast
2017F9AHW BMAP Feb 1,650 BSAA 7 RASA T32e (t-PA) 16/099 rer MMAR BMF BH Peer. ta a 8 eat | 78 | am | 5c Lk 148,609 165,000 16,390 90.1% Le & pad 5,169 5,700 530 90.7% (MR ASE) (3.5%) (3.5%) (0.0p) , EM AZ 5,342 5,700 357 ras (EH ATER) (3.6%) (3.5%) (A0.1p) . PAUATIMMTS 2,932 3,200 267 INAS ’ S (2430
Slide 19: FY2017 Forecast by Segment
201779A mR C7AVEA THLE BRAM PH (Mt: 75 FA) 16/099] 17/0994 WMRRAH BWP BL aM aM eal 78 PL RE itm 24,756 25,226 469 98.1% eS Sp BRA 5,751 5,224 A527 110.1% Le 123,793 139,706 15,912 88.6% We Bt SHED BRA 1,618 2,521 902 64.2% BUS ber
Slide 20: Medium-Term Management Plan
V. BLRPHMREHH 98 6835](20154F9 FR) ~ 5 7084(201 7559 A RA) 20 BDU way
Slide 21: Medium-Term Plan Management Foundation
冷蔵倉庫事業 食品販売事業 『最適物流の提供』 『安定収益の確立』 中計を支える経営基盤 多様な 健全な ITの推進 人材活用 財務
Slide 22: Medium-Term Plan Targets
BRTRRASH SARPMAEHH Bik FE (2017569 A) BR RN —Z) £ 1, 650: ROE 5.1% eR Hae EBITDA 100/89 — catt- 00) Arp Et REE AH aoe : BREERM = § B24 MT SE Hil a8 (14/0938) (17/09%9) ® (17/0938) ® HLA 1,416 791 1,650 48.0% BRA Al 31 57 55.4% Ee Ale 41 57 60.2% 24 FA eu ae 18 32 61.8% ROE 3.2% A2.2p a4 te 56.4% 40%
Slide 23: Appendix
VI. 4H
Slide 24: Results by Segment
RAR TRAPS RLM MAWAB ese MIaET) 16/0994 RIM FB BASE Picken B on nx 3aL4 119 A2 KER (oF) (10.6%) (0.1p) ALM APe 12TH 1,118 A238 A21% 3aL4 187 3 10 BER (Uz?) (9.6%) (A0.2p) . Beer 1,946 70 3.6% 3av4 120 10 8.3% m iz B (YxP) (18.7%) (1.0p) " Bea 12th 642 19 3.0% 33L4 202 5 25% WEA A (YxP) (9.2%) (0.1p)
Slide 25: Results by Segment
RAR TRAPS RRR RAW AKEBREH (e7r Maes) eS ob a fn Bl SSE SR om nx 3AAL4 A54 kER (YxP) (A0.4p) A9.9% APe 12TH A257 ATA% AAL4 A54 SER (2x7) (A0.7p) AES Beri A223 A5.6% 344 2 REZ, (YP) (0.8p) 0.4% Apa 12th A39 A2.3% 3aav4 A8 WHER (YxP) (A0.3p) os Ape 2eTh All A0.5% 35L4 Ail2 - 5 A6.3% & it (YxP) (A0.3p)
Slide 26: Results by Region
RAE AiR eS Se FEBRBR AM ese pimalees) 16/0934] 17/099] FAM Sa 820+MRH 820+ Ri am ree 4 re 12,861 14,379 1,518 11.8% arAs 11,181 13,643 2,462 22.0% tn 5,344 5,522 178 3.3% uF 12,782 9,582 3,200 A25.0% ry 5,111 4,659 A452 A88% KEG 119,124 117,435 A1,689 A14% K-72 49,295 54,189 4,894 9.9% Fey 69,988 66
Slide 27: Results by Region
BAR Ranks FEBRAR TERE: eH: Bh cawe<—z) - 16/09%) #2043 17/0998 320243 ROSEN SRRG oe | oe | em |) oe | oe) om | ae | em | ee K-29 16,598 8,548 515 22,376 10,676 477 5,778 2,128 A38 Fey 11,818 3,592 304 9,709 2,803 288} A2,109 A789 Ale e-7 3,208 2,903 905 2,492 1,888 757 A716) = 1,015 A148 see 10,020
Slide 28: Cautionary Notes and Contact
ABA SIR SR ABAMRSH CH SARISEX OMMHIFBSUEED THY, FEKO RES I-F SAMI OU Clk, FHRGBRESALLO ECHR ESL. BAWShpe a RRPRRAAA BRA LRIRBE GA At TEL : 045-210-0011 E-mail: Daisuke.Suzuki@yokorei.co,jp URL: http://www.yokorei.co,jp/ 28 BUS wer