Tsukishima Holdings Co. Ltd. · TSE:6332
Tsukishima — FY2015 Earnings Presentation
56 slides from Tsukishima's earnings presentation, May 27, 2016
Slide 1: 16.328 RABLU
16.328 RABLU $n spf aa or PA ie BS at Bl ee aS FI sc m1,000i8A, BRAM70RAs BS TSK AStitititsitt
Slide 2: TSK Abtiaatstt
TSK Abtiaatstt 2
Slide 3: TSK Abtiaatstt
TSK Abtiaatstt 3
Slide 4: TSK Abie tt
TSK Abie tt 4
Slide 5: TSK Ab iiitstt
TSK Ab iiitstt
Slide 6: TSK Abie tt
TSK Abie tt
Slide 7: O&M 144 142 158 148 140 145 300 300 189 110 140 125 200
O&M 506 500 450 500 460 430 449 431 400 135 395 400 400 140 144 142 158 148 140 145 300 300 189 110 140 125 200 95 200 122 180 125 100 182 160 200 100 176 182 161 92 130 0 0 14.3 15.3 16.3 17.3 14.3 15.3 16.3 17.3 7
Slide 8: TSK Abtiaatstt
TSK Abtiaatstt
Slide 9: O&M 13 15 300 11 13 44 100 300 252 65 12 64 11
O&M 500 500 400 400 372 12 400 15 327 289 61 307 300 273 59 13 15 300 11 13 44 100 300 252 65 12 64 11 57 56 54 200 200 65 87 73 67 69 98 61 254 227 100 100 174 145 150 165 108 115 0 0 14.3 15.3 16.3 17.3 14.3 15.3 16.3 17.3 9
Slide 10: TSK Abtiaatstt
TSK Abtiaatstt 10
Slide 11: 16.3 * +2 △22 +2 7.0% 7.2% +0.2% 7.0% +0.2% 57 55 △2 58
16.3 * 756 758 +2 780 △22 53 55 +2 55 0 7.0% 7.2% +0.2% 7.0% +0.2% 57 55 △2 58 △3 33 31 △2 34 △3 1 * 20155 1215.3 11
Slide 12: +134 +2 +99 600 307 +20 327 273 144 116 174 500 34 500
900 900 802 800 +134 800 756 +2 758 700 668 700 372 600 +99 600 307 +20 327 273 144 116 174 500 34 500 +58 110 400 400 300 300 +35 430 449 18 200 395 200 431 +10 10 0 +4 4 100 0 100 0 0 15.3 16.3 15.3 16.3 12
Slide 13: 1.8pt +7.7pt
5 7 4 45 0 45 24 40 40 14 35 12 35 30 30 25 44 25 20 20 15 32 15 +14 23 10 10 5 5 9 0 0 15.3 16.3 15.3 16.3 15.3 16.3 15.3 16.3 22.5% 20.7% 1.8pt 16.5% 24.2% +7.7pt 13
Slide 14: TSK Abtiaatstt
15.3 16.3 TSK Abtiaatstt
Slide 15: TSK Ab tiitiststt
TSK Ab tiitiststt 15
Slide 16: CF CF CF
300 250 CF CF 200 18 CF 29 20 11 150 2 100 176 50 174 0 15.3 16.3 16
Slide 17: TSK Abtiaatstt
TSK Abtiaatstt 17
Slide 18: △58 △15 7.2% 5.7% △1.5% △13 △6 8
758 700 △58 55 40 △15 7.2% 5.7% △1.5% 55 42 △13 31 25 △6 1 18
Slide 19: +48 +28 50 327 27 600 144 +6 600 174 300 500 500 34
900 850 802 +48 900 800 800 758 58 700 700 +28 400 700 372 150 327 27 600 144 +6 600 174 300 500 500 34 140 400 400 300 430 +20 450 300 400 200 200 431 31 10 0 10 4 5 100 100 +1 0 0 16.3 17.3 16.3 17.3 19
Slide 20: +1.1pt 1.5pt
45 45 40 40 35 35 3 30 30 25 25 20 32 20 15 29 15 23 12 10 10 5 5 11 0 0 16.3 17.3 16.3 17.3 20.7% 21.8% +1.1pt 24.2% 22.7% 1.5pt 20
Slide 21: 11.3 12.3 13.3 14.3 15.3 16.3 17.3 6.7 6.7 6.7 7.5 7.5 15 17
11.3 12.3 13.3 14.3 15.3 16.3 17.3 6.7 6.7 6.7 7.5 7.5 15 15 15 17 17 0 0 0 0 0 0 0 52.9% 36.7% 28.2% 19.0% 22.6% 31.5% 29.8% 21
Slide 22: TSK Abtiaatstt
TSK Abtiaatstt 22
Slide 23: 9 0 13 20 44 36 32 28 24 10 20 19 0 △9
60 50 53 55 50 44 50 52 55 38 9 33 14 23 40 24 30 23 25 30 19 0 13 20 44 36 32 28 24 10 20 19 0 △9 -10 23
Slide 24: TSK Abie tt
TSK Abie tt 24
Slide 25: 19.3 1,000 7% 16.3 1,000 +242 +32.0% +15 +27.6% 7.2% 7.0% △0.2% 55 72
19.3 1,000 70 7% 16.3 758 1,000 +242 +32.0% 55 70 +15 +27.6% 7.2% 7.0% △0.2% 55 72 +17 +30.2% 31 44 +13 +44.0% 25
Slide 26: 80
80 70 60 53 55 25 50 40 14 9 23 40 11 20 44 45 36 32 29 0 26
Slide 27: TSK AS tiitist tt
TSK AS tiitist tt 27
Slide 28: O&M FIT O&M
ee FIT O&M O&M TSK AS tite tt 28
Slide 29: EPC
TSK Abie tt y EPC
Slide 30: FIT / M&A
40 [3 FIT IM&A 100 TSK Abie tt
Slide 31: TSK Abts tt
TSK Abts tt 31
Slide 32: ats
it ay te a5 .. ats = tk eS ie fale > Ye Set (ck TSK Abie tt 32
Slide 33: —— BeAKEEIRS AT Le
—— BeAKEEIRS AT Le UD ARK (SP) SAF 7k SLB IS) AA RAR e Bika Dobe nowt, (he TEE BRE A FRIED tEARE PAL. = : PMIEPU AT LO Ah (ELBIT LSS 13 ANAND HI Bese moartt AREF = OH geeceeccensceneeens + 5 HA aA RRS Fast, Ey) Bo a ee ee a ee E TSK ASHiRASit 33
Slide 34: FIT
FIT 50/3 34
Slide 35: FIT
FIT 15.3 16.3 17.3 18.3 19.3 20.3 21.3 22.3 23.3 24.3 kW 1. 250 2. 275 3. 250 4. 750 5. 1,095 6. 103 7. 4,090 8. 253 8 / 0.4 2 7 15 16 16 16 16 16 16 9 759 10.A - 11.B - / 0.4 2 7 15 30
Slide 36: M&A
M&A TSK AS tiitstsitt 36
Slide 37: Ø IT Ø FIT Ø /M&A
—_—<—s— [Va 7IN y IT y y y FIT y y y [M&A TSK Abie tt 37
Slide 38: FIT
O&M FIT WS PFI O&M 14.3 16.3 17.3 19.3 38
Slide 39: 16.3 19.3 1,000 7.2% 7.0%
16.3 19.3 758 1,000 55 70 7.2% 7.0% 39
Slide 40: (BAH)
rr —_ —_— =" (BAH)
Slide 41: 4060 N2O
4060 50 N2O 41 17 41
Slide 42: TSK Ab tiiteststt
TSK Ab tiiteststt a
Slide 43: TSK Ab tiiteststt
TSK Ab tiiteststt a
Slide 44: TSK Abtiritastst |
TSK Abtiritastst | 44
Slide 45: 250350 J
250350 4 J 45
Slide 46: TSK AS timittstt
TSK AS timittstt 46
Slide 47: TSK Abtiaatstt
47 TSK Abtiaatstt
Slide 48: TSK Abie tt
TSK Abie tt
Slide 49: BOKELA
LZ rov--7 Hvar zt || pM at IA DYDEAT 4 b BEAR MO BIE PIVEFIIY b AD iBRO RE 26 BOKELA 26 TSK ABtitittait 49 TT
Slide 50: PFI DBO O&M
/ / 15.3 16.3 17.3 18.3 19.3 PFI DBO O&M PFI 8 DBO 4 O&M 33 92 50
Slide 51: 14,000 4% 12,000 4% 2% 10,000 13% 8,000 15% 6,000 8% 54% 4,000 2,000
14,000 4% 12,000 4% 2% 10,000 13% 8,000 15% 6,000 8% 54% 4,000 2,000 0 04 05 06 07 08 09 10 11 12 13 51
Slide 52: 30,000 85% 80% 25,000 77.0% 75.8% 76.3% 75.1% 73.7% 75% 72.7% 20,000 71.7% 70.5%
30,000 85% 80% 25,000 77.0% 75.8% 76.3% 75.1% 73.7% 75% 72.7% 20,000 71.7% 70.5% 69.3% 68.1% 70% 15,000 65% 10,000 60% 5,000 55% 0 50% 04 05 06 07 08 09 10 11 12 13 ) 52
Slide 53: TSK AS timittstt
1,800 TSK AS timittstt 53
Slide 54: ing ing JFE
/ ing ing JFE PFI,DBO 12/39 JFE PFI ing O & M 92 ing 16.3 54
Slide 55: BMA
/ S T D 50 STD 100 PTA BMA BJK 5 70 30 150 30 150 55
Slide 56: TSK Abie tt
TSK Abie tt 56