Aida Engineering,ltd. · TSE:6118
Aida Engineering,ltd — FY2019 Earnings Presentation
17 slides from Aida Engineering,ltd's earnings presentation, May 2019
Slide 1: Presentation of Consolidated Financial Results for the Ended March 31, FY2019
Presentation of Consolidated Financial Results for the Ended March 31, FY2019 (from Apr. 2018 to Mar. 2019) 1
Slide 2: Highlights of FY2019 Financial Results & Forecast of Full-Year FY2020
Highlights of FY2019 (Fiscal Year ended Mar.2019) Financial Results & Forecast of Full-Year FY2020 2
Slide 3: Highlights of Consolidated Results Summary of P&L
Highlights of Consolidated Results Summary of P&L Fluctuation (JPY mil.) FY2018/3 FY2019/3 Amount % Order Intake 83,143 75,694 △ 7,449 △ 9.0% Net Sales 73,856 84,082 10,225 13.8% Cost of Sales 57,926 68,851 10,924 18.9% Gross Profit 15,930 15,230 △ 699 △ 4.4% <Gross Profit ratio> 21.6% 18.1% (△3.5P)
Slide 4: Trend of Sales, Gross Profit and Operating Income
Trend of Sales, Gross Profit and Operating Income JPY(million) Net Sales Gross Profit Operating Income Gross Profit ratio Operating Income ratio 25,000 25% 20,000 20% 15,000 15% 10,000 10% 5,000 5% 0 0% FY2018/3 2Q 3Q 4Q FY2019/3 2Q 3Q 4Q 1Q 1Q FY2018/3 FY2019/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Net Sales 15,
Slide 5: Sales to Third Party (by Business/Customer/Geographic segment)
Sales to Third Party (by Business/Customer/Geographic segment) Sales by Business segment Sales by Geographic segment Fluctuation Fluctuation (JPY mil.) FY2018/3 FY2019/3 (JPY mil.) FY2018/3 FY2019/3 Amount % Amount % Press Machines 56,300 76.2% 63,177 75.1% 6,877 12.2% Japan 28,780 39.0% 34,833 41.4
Slide 6: Sales / Operating Income (by Geographic segment)
Sales / Operating Income (by Geographic segment) Japan China Asia Fluctuation Fluctuation Fluctuation (JPY mil.) FY2018/3 FY2019/3 (JPY mil.) FY2018/3 FY2019/3 (JPY mil.) FY2018/3 FY2019/3 Amount % Amount % Amount % Net Sales 46,349 51,263 4,913 10.6% Net Sales 9,453 13,909 4,455 47.1% Net Sales 8,8
Slide 7: Fluctuation Analysis with regards to Operating Income
Fluctuation Analysis with regards to Operating Income Negative JPY 100M Positive Factors: Factors: JPY JPY 18.4 25.9 Increase of net sales Temporary costs for handling (Gross profit except REJ) special specification Decrease expenses Increase of material & outsourcing costs (except REJ) Other factor
Slide 8: Orders Intake & Backlog (by Business/Customer/Geographic segment)
Orders Intake & Backlog (by Business/Customer/Geographic segment) Orders Intake by Business Segment Orders Intake by Customer Industry (Press Machines) JPY mil. Press Machines Services Others JPY mil. Automotive related Electric related Other industries 24,537 19,369 22,270 22,940 19,058 21,668 1,71
Slide 9: Trend of Orders Intake & Backlog
Trend of Orders Intake & Backlog FY2018/3 FY2019/3 vs . FY2018/3 (JPY mil.) 1s t Half Full-ye ar 1s t Half Full-ye ar Fluctuation Amount Prop ortion Amount Prop ortion Amount Prop ortion Amount Prop ortion Amount % Order Intake: total 43,939 100.0% 83,143 100.0% 44,081 100.0% 75,694 100.0% △ 7,449 △
Slide 10: Major Changes on Balance Sheet
Major Changes on Balance Sheet Assets Liabilities and Net Assets (JPY mil.) (JPY mil.) Current liabilities VS end of Previous FY VS end of Previous FY Fixed assets Current assets Non-current liabilities 7 1 ,300百万円 Total assets △ 4,544 Net assets Total liabilities △ 5,825 6 7 ,342 6 7 ,342 116,108 1
Slide 11: Highlights: Forecasts of FY2020 Consolidated Results
Highlights: Forecasts of FY2020 Consolidated Results FY2020/3 Fluctuation (JPY mil.) FY2019/3 Forecast Amount % Causes of Change of Operating Income Net Sales 84,082 79,000 △ 5,082 △6.0% （100million JPY） Cost of Sales 68,851 62,800 △ 6,051 △8.8% Gross Profit 15,230 16,200 970 6.4% Improvement of pro
Slide 12: Forecasts of Orders Intake/Sales/Operating Income (by segment)
Forecasts of Orders Intake/Sales/Operating Income (by segment) By Business Orders Intake Net Sales by Business segment of the Mid-Term Management Plan “THE AIDA PLAN 523” Fluctuation: Fluctuation: (JPY mil.) FY2020/3 FY2020/3 FY2020/3 FY2020/3 Net Sales FY2019/3 FY2019/3 (JPY mil.) forecast vs FY201
Slide 13: Trend of Capex, Depreciation, R&D & CF
Trend of Capex, Depreciation, R&D & CF Capital Expenditures Depreciation & Amortization (JPY mil.) FY2018/3 FY2019/3 FY2020/3 E (JPY mil.) FY2018/3 FY2019/3 FY2020/3 E Amount 2,434 2,867 4,500 Amount 2,061 2,142 2,150 domestic overseas dom estic overseas 2,600 Malaysia: ext ension of land lease, fac
Slide 14: Return to Shareholders
Return to Shareholders •Dividend Policy：AIDA focuses on continuation of stable dividend, maintaining "dividend on equity" at adequate level. Dividend amount is basically linked with consolidated financial results , targeting 30% or higher of dividend payout ratio. Net income per share Cash dividends
Slide 15: (for Reference) Statistics of Forming Machinery Industry- 1)
(for Reference) Statistics of Forming Machinery Industry- 1) JPY100million Monthly Average Place of origin: JFMA 15
Slide 16: (for Reference) Statistics of Forming Machinery Industry- 2)
(for Reference) Statistics of Forming Machinery Industry- 2) Trend of Order Intake Trend of Order Intake (Overseas) by Geographic Segment 16
Slide 17: Remarks
Remarks Cautions about forecast statements contained in this package ・The information in this package contains future forecasts. ・Future forecasts contained in this document are based on the judgment of company management based on currently available information. Although the future forecasts are ba