Sumitomo Heavy Industries, Ltd. · TSE:6302
Sumitomo Heavy Industries — Q2 FY2020 Earnings Presentation
26 slides from Sumitomo Heavy Industries's earnings presentation, November 2020
Slide 1: Financial Summary for 2Q-FY2020 and Projections for FY2020
Financial Summary for 2Q-FY2020 And Projections for FY2020 November 2020 Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 1
Slide 2: Index
November 2020 INDEX 01 Management Policy and Overall Review for the 1st Half of FY2020 02 Financial Summary for 2Q-FY2020 03 Performance Forecast for FY2020 04 Topics Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 2
Slide 3: Management Policy for FY2020
November 2020 01 Management Policy for FY2020 <Until the end of the pandemic> Priority is given to safety of employees, utmost cooperation to meet social requirements and maintenance of the operating base. <Efforts in a path to recovery of economic activities> - Enhancement of the business continuit
Slide 4: Overall Review for the 1st Half and Future Responses
November 2020 01 Overall Review for the 1st Half and Future Responses Overall review for 1st half Future responses Effects of the - Some employees were infected in Japan and COVID-19 abroad, particularly at our overseas sites in the Ensure business continuity by taking infections on Philippines, Eur
Slide 5: Financial Summary for 2Q-FY2020
November 2020 02 Financial Summary for 2Q-FY2020 Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 5
Slide 6: Financial Summary for 2Q-FY2020
November 2020 02 Financial Summary for 2Q-FY2020 ■ Main Points Unit: JPY billion (1) Orders FY2019 1H FY2020 1H Change - YoY decreases in major segments. Significant decreases especially in precision Orders 418.6 370.8 (47.8) machinery and construction machinery. - The mass-produced machinery busine
Slide 7: Operating Profit by Segment
November 2020 02 Operating Profit by Segment Unit: JPY billion ■ Comparison with Previous Fiscal Year FY2019 1H FY2020 1H Change ＜Machinery components＞ A decline in sales due to the spread of COVID-19 infections led Machinery to lower profits. Components 3.4 0.4 (3.0) ＜Precision machinery＞ Decreased
Slide 8: Analysis of Changes in Operating Profit
November 2020 02 Analysis of Changes in Operating profit Unit: JPY billion Selling & (7.3) administrative expenses 27.2 (1.8) 3.6 Other Effect of profit decreases (0.5) 21.2 Effect of exchange rates Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 8
Slide 9: Consolidated Balance Sheet
November 2020 02 Consolidated Balance Sheet Unit: JPY billion March September Change March September Change 2020 2020 2020 2020 Current Assets 592.8 588.8 (4.0) Liabilities 518.5 519.0 0.5 Notes and accounts 158.5 143.7 (14.8) Cash and deposits 87.1 93.6 6.5 payable - trade Notes and accounts Advanc
Slide 10: Ref. Overseas Sales by Regional Segment
November 2020 Ref. Overseas Sales by Regional Segment Unit: JPY billion Total Hydraulic Excavators 2Q-FY2019 2Q-FY2020 2Q-FY2019 2Q-FY2020 (April - September) (April - September) (April - September) (April - September) Sales Sales Ratio Sales Sales Ratio Sales Sales Ratio Sales Sales Ratio North Ame
Slide 11: Performance Forecast for FY2020
November 2020 03 Performance Forecast for FY2020 Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 11
Slide 12: Performance Forecast for FY2020
November 2020 03 Performance Forecast for FY2020 ■ The full-year performance forecast was revised upward. In line with this, the annual dividend forecast was also revised from 19 yen to 39 yen. Unit: JPY billion (Reference) Actual Actual Forecast FY2020 Actual FY2019 Forecast FY2020 1H-FY2019 1H-FY2
Slide 13: Machinery Components
November 2020 03 Machinery Components 1H of FY2020: Both orders and sales decreased due to a decline in demand, suffering effects from the global COVID-19 pandemic. Although we reduced incurred expenses, a decrease in sales led to lower operating profit. FY2020: The market condition will recover gra
Slide 14: Precision Machinery
November 2020 03 Precision Machinery ＜ Plastic Machinery ＞ 1H of FY2020: Demand for automobile-related products decreased globally due to the spread of the COVID-19 infections; this led to lower orders, sales and operating profit. FY2020: A sign of recovery will be seen in a part of markets, but the
Slide 15: Construction Machinery
November 2020 03 Construction Machinery ＜ Hydraulic Excavators ＞ 1H of FY2020: Overseas demand (excluding from China) decreased due to the spread of COVID-19 infections; this led to decreased orders, sales and operating profit. FY2020: The Japanese market will be robust and the Chinese market will r
Slide 16: Industrial Machinery
November 2020 03 Industrial Machinery 1H of FY2020: Market conditions for medical products and industrial presses were weak due to the spread of COVID-19 infections; this led to lower orders. Meanwhile, sales increased due to a backlog of orders for material handling machinery and other products. Op
Slide 17: Ships
November 2020 03 Ships 1H of FY2020: The market for vessels continued to be stagnant. In the current fiscal year, we received orders for two new vessels, one vessel more than in the previous fiscal year. We delivered two vessels, one vessel more than in the previous fiscal year. Sales slightly decre
Slide 18: Environmental Facilities and Plants
November 2020 03 Environmental Facilities and Plants 1H of FY2020: In the energy plant business, orders increased partly because we won large-scale projects for biomass-fueled power generation plants in Japan and Europe. Sales increased due mainly to a backlog of orders in Japan. In the water treatm
Slide 19: Performance Forecast for FY2020 by Segment
November 2020 03 Performance Forecast for FY2020 by Segment Unit: JPY billion (Reference) Actual Actual Actual Forecast FY2020 Forecast FY2020 1H-FY2019 1H-FY2020 FY2019 (at 2020.8) (at 2020.10) Order 65.9 61.1 126.5 122.0 122.0 Machinery Components Net Sales 64.7 58.1 130.5 120.0 120.0 Operating pr
Slide 20: Topics
November 2020 04 Topics Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 20
Slide 21: Topic (1) Decision Made to Construct a New Plant for Semiconductor Production Equipment
November 2020 Topic (1) Decision Made to Construct a New Plant for the 04 Semiconductor Production Equipment Business We decided to construct a new plant for manufacturing ion implanters on the premises of Saijo Plant of Sumitomo Heavy Industries Ion Technology Co., Ltd. (a wholly-owned subsidiary o
Slide 22: Topic (2) BNCT System Listed under Insurance Coverage
November 2020 04 Topic (2) BNCT System Listed under Insurance Coverage - Regarding the Boron Neutron Capture Therapy (BNCT) System using an accelerator, we worked with Stella Pharma Corporation (head office: Osaka City, Osaka) to conduct a clinical test for head and neck cancer. - The system was app
Slide 23: Topic (3) Acquisition of Shares of Leifeld (Germany)
November 2020 04 Topic (3) Acquisition of Shares of Leifeld (Germany) Nihon Spindle Manufacturing Co., Ltd. (a wholly-owned subsidiary of Sumitomo Heavy Industries), which manufactures and sells automobile parts processing machines, environmental equipment, etc., acquired all shares of Leifeld Metal
Slide 24: Topic (4) Start of Collaborative Work in Recycling Used Paper Diapers
November 2020 04 Topic (4) Start of Collaborative Work in Recycling Used Paper Diapers - In April 2020, Sumitomo Heavy Industries Environment Co., Ltd. (a wholly-owned Self-contained materials recycling system subsidiary of Sumitomo Heavy Industries; Separation-type Water-solubilization system Recyc
Slide 25: Topic (5) CSR Efforts
November 2020 04 Topic (5) CSR Efforts Category Actual results for 1st half of FY2020 - Nihon Spindle Manufacturing obtained a silver medal from the CSR Overall assessment organization “Eco Vadis” - Points of the 6 th Environmental Medium-Term Plan - Response to climate changes; Reduction of total C
Slide 26: Forward-looking statements notice
November 2020 All forward-looking statements regarding the company’s future performance are based on information currently available to Sumitomo Heavy Industries and determined subjectively. Future performance is not guaranteed and all information related to future performance contained herein is su
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