Toyo Engineering Corporation · TSE:6330
Toyo Engineering — Q3 FY2019 Earnings Presentation
9 slides from Toyo Engineering's earnings presentation, Feb 13, 2020
Slide 1: Outline of Financial Results
Third Quarter of Fiscal Year Ending March 2020 OUTLINE OF FINANCIAL RESULTS February 13, 2020 Toyo Engineering Corporation
Slide 2: Contents
Contents Page Performance Summary Performance Summary 3 Net Sales 4 Financial Summary Balance Sheet 5 New Orders New Orders 6 Backlog of Contracts 7 Forecast Forecast for 2020/3 8 2 Your Success, Our Pride.
Slide 3: Performance Summary
Performance Summary Decrease in revenue but increase in profit compared with the same period JPY billion of the previous year Forecast 2018/12 2019/12 Difference Progress 2020/3 Net sales 224.0 165.2 (58.8) 240.0 69% Gross profit 12.3 13.8 1.5 21.5 64% Gross profit margin 5.5% 8.4% 2.9% 9.0% SG&A
Slide 4: Net Sales
Net Sales JPY billion 2019/12 Net sales : JPY 165.2 billion Central and South America China 1.8 1.1 Others 1.3 Others 5.2 North America Pharmaceuticals etc., Petrochemicals 3.5 2% 1% 3.7 3% 58.6 Japan Russia and 1% 45.1 2% Central Asia 9% 1% 27% Chemicals/ 14.6 Fertilizers 36% 54.9 33% Region Produc
Slide 5: Balance Sheet
Balance Sheet JPY billion Assets 2019/3 2019/12 Difference Liabilities and net assets 2019/3 2019/12 Difference Current assets 212.7 179.9 (32.8) Current liabilities 178.4 148.6 (29.8) Cash and deposits 101.7 78.4 (23.3) Short-term interest bearing debt 13.4 16.9 3.5 Notes and accounts receivable 68
Slide 6: New Orders
New Orders JPY billion Region Product 205.5 205.5 141.0 141.0 2018/12 2019/12 2018/12 2019/12 Japan 86.0 74.7 Petrochemicals 116.0 8.0 Southeast Asia 48.7 17.2 Oil & Gas 8.9 28.0 Southwest Asia, Power / Railways etc. 63.6 77.2 7.2 23.1 Middle East and Africa Chemicals / Fertilizers 5.8 18.8 Russia a
Slide 7: Backlog of Contracts
Backlog of Contracts JPY billion Region Product 426.3 426.3 399.7 399.7 2019/3 2019/12 2019/3 2019/12 Japan 135.9 165.5 Petrochemicals 169.9 118.4 Southeast Asia 75.4 51.5 Oil & Gas 23.6 40.2 Southwest Asia, Power / Railways etc. 121.1 166.4 105.9 71.5 Middle East and Africa Chemicals / Fertilizers
Slide 8: Forecast for 2020/3
Forecast for 2020/3 JPY billion No change from initial forecast as of May 15, 2019 3Q Forecast 2019/3 2019/12 2020/3 Net sales 294.9 165.2 240.0 Gross profit 10.6 13.8 21.5 Gross profit margin 3.6% 8.4% 9.0% SG&A expenses 16.2 11.9 18.5 Operating income (5.6) 1.8 3.0 Operating income margin -1.9%
Slide 9: Toyo Engineering Corporation
Toyo Engineering Corporation URL https://www.toyo-eng.com For further questions on this material, please contact: Wataru IIDA General Manager Corporate Communications Department 2-8-1 Akanehama, Narashino, Chiba, Japan 275-0024 TEL +81-47-454-1681 E-mail ir@toyo-eng.com The forecasts given above are