Toyo Engineering Corporation · TSE:6330
Toyo Engineering — FY2014 Earnings Presentation
20 slides from Toyo Engineering's earnings presentation, May 14, 2015
Slide 1: Outline of Financial Results, Fiscal year ended March 2015
OUTLINE OF FINANCIAL RESULTS Fiscal year ended March 2015 May 14, 2015 Toyo Engineering Corporation
Slide 2: Contents
Toyo Engineering Corporation © 2015 Contents マスター タイトルの書式設定 Outline of income statement New orders Performance summary 3 New orders 13 Income statement, 5 Backlog of contracts 15 Net sales 6 Gross profit 8 Forecast 17 Operating, Ordinary & Net income 9 Financial position -Reference- Balance sheet 10
Slide 3: Performance summary
Toyo Engineering Corporation © 2015 Performance マスター summary タイトルの書式設定 ◆ Net loss : JPY 20.9 billion Due to loss of equity method affiliates in Brazil : JPY 23.0 billion Loss on project operation : JPY 16.7 billion Impairment loss for fixed assets : JPY 5.5 billion Impairment loss for goodwill : JPY
Slide 4: Performance summary
Toyo Engineering Corporation © 2015 Performance マスター summary タイトルの書式設定 Billions of yen Forecast Achieve- 2014/3 2015/3 Difference 2015/3 Difference ment as of Feb 6, 2015 Net sales 230.1 311.4 81.3 35% 330.0 (18.6) 94% Gross profit 25.1 17.2 (7.9) -31% 18.0 (0.8) 96% Gross profit rate 10.9% 5.5% -5.
Slide 5: Income statement
Toyo Engineering Corporation © 2015 Income マスター statement タイトルの書式設定 Billions of yen 2014/3 2015/3 Forecast Difference 2015/3 Difference Billions of yen % Billions of yen % as of Feb 6, 2015 Net sales 230.1 100.0 311.4 100.0 81.3 330.0 (18.6) Cost of sales 204.9 89.1 294.2 94.5 (89.3) Gross profit 25
Slide 6: Net sales
Toyo Engineering Corporation © 2015 Net sales マスター タイトルの書式設定 Billions of yen Compared with the last fiscal year 311.4 2014/3 2015/3 Difference EPC 215.9 301.0 85.1 39% IT 12.1 8.4 (3.7) -31% 228.7 230.1 Real estate 2.1 2.0 (0.1) -5% Total 230.1 311.4 81.3 35% 157.8 2014/3 2015/3 Difference Japan 36.
Slide 7: Net sales
Toyo Engineering Corporation © 2015 Net sales マスター タイトルの書式設定 Billions of yen Breakdown by region Breakdown by segment details Others 13.3 Others 33.9 China 10.0 Real estate 2.0 Chemical Japan Central fertilizers 3% 40.9 IT 8.4 and 63.7 South 4% 13% General 1% 11% 20% 10% manufacturing 1% America 3%
Slide 8: Gross profit
Toyo Engineering Corporation © 2015 マスターGross profit タイトルの書式設定 Billions of yen Gross profit rate 15.8% 25.1 24.9 24.2 10.6% 10.9% 5.5% 2012/3 2013/3 2014/3 2015/3 17.2 Compared with the last fiscal year 2014/3 2015/3 Difference 25.1 17.2 (7.9) -31% Compared with forecast 2012/3 2013/3 2014/3 2015/3
Slide 9: Operating, Ordinary & Net income
Toyo Engineering Corporation © 2015 Operating, マスターOrdinary & Net income タイトルの書式設定 Line chart : Profit rate (%), Bar chart : Amount (billions of yen) Operating income Ordinary income Net income 3.4% 3.2% 2.1% 2.4% 0.7% 1.8% 0.6% 0.2% 0.4% -2.4% -8.1% -6.7% 5.3 5.1 4.9 3.7 4.0 1.5 0.4 1.4 0.9 (7.3) 2
Slide 10: Balance sheet
Toyo Engineering Corporation © 2015 Balance マスター sheet タイトルの書式設定 Billions of yen Assets 2014/3 2015/3 Difference Liabilities and net assets 2014/3 2015/3 Difference Current assets 202.0 214.5 12.5 Current liabilities 140.1 170.4 30.3 Cash and deposits 73.8 90.7 16.9 Short-term interest bearing debt
Slide 11: Interest bearing debt balance
Toyo Engineering Corporation © 2015 Interest マスターbearing debt balance タイトルの書式設定 Billions of yen 44.7 38.8 40.0 7.6 Consolidated 31.9 8.2 8.6 subsidiaries 5.8 (12.8) 37.1 Non-consolidated 30.6 31.4 26.1 2012/3 2013/3 2014/3 2015/3 Interest bearing debt ratio Debt equity ratio (times) Net debt (billio
Slide 12: Cash flows
Toyo Engineering Corporation © 2015 マスター Cash flows タイトルの書式設定 Billions of yen Cash flows 2012/3 2013/3 2014/3 2015/3 Operating activities 5.7 (18.9) 21.2 (4.1) Investing activities (2.4) (1.5) (1.6) 9.5 Financing activities 0.1 (0.5) 3.1 (14.3) Net increase/decrease in cash 3.1 (18.9) 25.2 (6.4) Fre
Slide 13: New orders
Toyo Engineering Corporation © 2015 マスターNew orders タイトルの書式設定 Billions of yen 2015/3 New orders : 470.3 billions of yen 470.3 Major contracts Over 200 billions of yen Petrochemical, MALAYSIA 365.1 145.8 Over 50 billions of yen Energy-related, JAPAN 31.1 Over 10 billions of yen 290.4 Energy-related, J
Slide 14: New orders by region and segment
Toyo Engineering Corporation © 2015 マスターNew orders タイトルの書式設定 Billions of yen Breakdown by 470.3 Breakdown by 470.3 region segment details 365.1 365.1 290.4 290.4 269.1 269.1 2012/3 2013/3 2014/3 2015/3 2012/3 2013/3 2014/3 2015/3 Japan 49.1 37.4 31.1 145.8 Chemical fertilizers 18.3 114.7 27.3 6.1 So
Slide 15: Backlog of contracts
Toyo Engineering Corporation © 2015 Backlog マスター of contracts タイトルの書式設定 Billions of yen 2015/3 Backlog of contracts 659.0 billions of yen 659.0 Major contracts 123.9 538.0 Over 200 billions of yen 20.8 Petrochemical, MALAYSIA 410.4 Over 50 billions of yen 359.1 24.4 Energy-related, JAPAN Japan 30.7
Slide 16: Backlog of contracts by region and segment
Toyo Engineering Corporation © 2015 Backlog マスター of contracts タイトルの書式設定 Billions of yen Breakdown by Breakdown by region 659.0 segment details 659.0 538.0 538.0 410.4 410.4 359.1 359.1 2012/3 2013/3 2014/3 2015/3 2012/3 2013/3 2014/3 2015/3 Japan 30.7 24.4 20.8 123.9 Chemical fertilizers 74.8 151.3
Slide 17: Forecast
Toyo Engineering Corporation © 2015 Forecast マスター タイトルの書式設定 Billions of yen Forecast 2015/3 2016/3 Net sales 311.4 340.0 Gross profit 17.2 27.0 Gross profit rate 5.5% 7.9% Operating income (7.3) 2.5 Operating income rate -2.4% 0.7% Ordinary income (25.2) 4.5 Net income (20.9) 3.0 New orders 470.3 33
Slide 18: Forecast
Toyo Engineering Corporation © 2015 Forecast マスター タイトルの書式設定 Billions of yen Net sales New orders Gross profit rate Operating income rate 7.9% 5.5% 470.3 0.7% 311.4 340.0 330.0 -2.4% 2015/3 2016/3 2015/3 2016/3 2015/3 2016/3 2015/3 2016/3 Gross profit Operating income Ordinary income Net income 2.5 4
Slide 19: Reference: Historical data
Toyo Engineering Corporation © 2015 -Reference- Historical data マスター タイトルの書式設定 Forecast 2012/3 2013/3 2014/3 2015/3 2016/3 Net sales Billions of yen 157.8 228.7 230.1 311.4 340.0 Gross profit Billions of yen 24.9 24.2 25.1 17.2 27.0 Gross profit rate % 15.8% 10.6% 10.9% 5.5% 7.9% Operating income Bi
Slide 20: Toyo Engineering Corporation
Toyo Engineering Corporation URL http://www.toyo-eng.com For further questions on this material, please contact: Kenji SATO General Manager Corporate Communications Division 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 bas