Nikkon Holdings Co., Ltd. · TSE:9072
Nikkon — H1 FY2022 Earnings Presentation
35 slides from Nikkon's earnings presentation, Nov 25, 2021
Slide 1: Financial Results for the First Half of the Fiscal Year Ending March 31, 2022
NIKKON Holdings Co., Ltd. Security：9072 Financial Results for the First Half of the Fiscal Year Ending March 31, 2022 Nov. 25, 2021 1
Slide 2: Table of Contents
Table of Contents １．Financial results explanation Financial Results Growth Strategy Mid-Term Management Plan Shareholder Returns 2．ESG Explanation ESG Initiatives 2
Slide 3: Table of Contents
Table of Contents １．Financial results explanation Financial Results Growth Strategy Mid-Term Management Plan Shareholder Returns 2．ESG Explanation ESG Initiatives 3
Slide 4: Financial Results: Summary of the first half of the fiscal year
Financial Results: Summary of the first half of the fiscal year ending March 31, 2022 ■ Trend of Japanese economy ■ Trend of Logistics industry The Japanese economy The volume of goods for all continued to experience harsh industries was significant from conditions despite continuing April to Ju
Slide 5: Financial Results: Consolidated Statement of Earnings
Financial Results：Consolidated Statement of Earnings Consolidated Financial Results for the First Half of （百万円） (Millions （百万円）of yen) Net sales the Fiscal Year ending March 31, 2022 120,000 94,614 100,000 85,631 Net sales Sales increased mainly due to a recovery in business volume. 80,000 60,000 Op
Slide 6: Consolidated Net Sales and Operating Profit by Segment
Financial Results：Consolidated Net Sales and Operating Profit by Segment Segment Net sales Operating profit Profit increased mainly due to the effect of higher sales and Sales increased mainly due to a recovery in the volume of cargo Transportation handled. improvement of transportation efficiency,
Slide 7: Consolidated Net Sales by Industry / Regions
Financial Results：Consolidated Net Sales by Industry / Regions Sales increased due to an increase in the volume of Sales increased due to higher business volume in the Automobile business handled. Japan automotive, housing and agricultural machinery sectors. Sales increased due to an increase in the
Slide 8: Consolidated Financial Indicators
Financial Results: Consolidated Financial Indicators Total assets Main change Cash and cash equivalents decreased by JPY2,917 million, factors mainly due to the payment of dividends. Notes and accounts receivable-trade decreased by JPY2,383 million due to the decrease in sales in September of th
Slide 9: Consolidated Cash Flows
Financial Results：Consolidated Cash Flows Apr.－Sep. 2020 Net Change +13,174 （Millions of yen） Free C/F −2,345 43,994 +15,522 -2 ＋9,997 −12,342 30,820 Other Cash flows from Cash flows from Cash flows from Beginning operating activities investing activities financing activities End of Second of year Q
Slide 10: Table of Contents
Table of Contents １．Financial results explanation Financial Results Growth Strategy Mid-Term Management Plan Shareholder Returns 2．ESG Explanation ESG Initiatives 10
Slide 11: Growth Strategy: Consolidated Capital Investments
Growth Strategy：Consolidated Capital Investments Capital Expenditures (Consolidated Basis) (Millions of yen) (Millions of yen) 40,000 33,087 28,344 30,000 25,914 23,216 18,984 20,000 16,548 15,213 11,428 10,000 0 2015/3 2016/3 2017/3 2018/3 2019/3 2020/3 2021/3 2021/9 11
Slide 12: Summary of Capital Investments from Apr.-Sep. 2021
Growth Strategy：Consolidated Capital Investments Summary of Capital Investments from Apr.－Sep. 2021” (Consolidated) Capital Investments Amount Details （Millions of yen） Descriptions Operating Fleets 859 83units (Additional trucks or replacements) Lands 398 Lands for business Buildings 4,781 Warehous
Slide 13: Completed Warehousing
Growth Strategy：Consolidated Capital Investments 【Completed Warehousing】 Status of warehouse construction from Apr. – Sep. 2021 (Consolidated Basis) Date of Warehouse NO. Company name Location Completion Property Area Applications 1 Niigata, Niigata Pref. Jun. 2021 Warehouse 7,749㎡ Storage of tires,
Slide 14: Warehouse under Construction
Growth Strategy：Consolidated Capital Investments 【Warehouse under Construction】 Ongoing Capital Investments (Consolidated Basis) as of Sep. 30, 2021 Date of Warehouse NO. Company Name Location completion Property area Applications (Planned) 1 Ibaraki, Osaka Pref. Nov. 2021 Warehouse 24,139㎡ Storage
Slide 15: Expansion of consolidated freight transportation business
Growth Strategy：Expansion of consolidated freight transportation business Faucet metal fittings Parts Roll paper Material (Cardboard) (Heavy cargo) (Remaining Cargo) (Raw fabric) Glass showcase Tires (Naked） Machine parts Table tennis table (Naked) (Heavy cargo) (Long cargo) Steel material Vending m
Slide 16: Labor saving and automation Initiatives
Growth Strategy：Labor saving and automation Initiatives Shelf-flow type warehouse robots Vertical conveyors Mobile rack facilities The introduction robot automatically Vertical conveyance machines are The mobile rack is a moving shelf calculates with AI so that shelves with transport equipment for t
Slide 17: Table of Contents
Table of Contents １．Financial results explanation Financial Results Growth Strategy Mid-Term Management Plan Shareholder Returns 2．ESG Explanation ESG Initiatives 17
Slide 18: Progress in the 12th Medium-Term Management Plan ①
Med-Term Management Plan：Progress of in the 12th Medium-Term Management Plan① The 12th Medium-Term Management Plan（Apr. 2020－Mar. 2023） Net sales （Millions of yen） Operating profit （Millions of yen） 200,000 230,000 21,000 23,000 182,536 18,191 96,000 94,614 9,800 9,262 Year ended 1H 1H Year ended Ye
Slide 19: Progress in the 12th Medium-Term Management Plan ②
Med-Term Management Plan：Progress of in the 12th Medium-Term Management Plan② 19
Slide 20: Table of Contents
Table of Contents １．Financial results explanation Financial Results Growth Strategy Mid-Term Management Plan Shareholder Returns 2．ESG Explanation ESG Initiatives 20
Slide 21: Trends in dividends and consolidated payout ratios
Shareholder returns: Trends in dividends and consolidated payout ratios The interim dividend for the fiscal year ending March 31, 2022 is 34 yen per share, as originally expected. The annual dividend for the fiscal year ending March 31, 2022 is expected to be 69 yen per share. JPY53 JPY60 JPY65
Slide 22: Table of Contents
Table of Contents １．Financial results explanation Financial Results Growth Strategy Mid-Term Management Plan Shareholder Returns 2．ESG Explanation ESG Initiatives 22
Slide 23: ESG Initiatives: Organizational and Details of Initiatives
ESG Initiatives：Organizational and Details of Initiatives 【Organizational chart】 NIKKON Holdings Co., Ltd. （Modal shift） Board of Directors Sustainability Committee General Administration Dept.／ESG Promotion office NIPPON KONPO UNYU SOKO CO., LTD. AUTO TECHNIC JAPAN CO., LTD. NIPPON RIKUSOU CO., LTD
Slide 24: CO2 reduction measures in the transportation business
ESG Initiatives：Co₂ reduction measures in the transportation business Modal Shift (JR) Effect Subject ・CO₂ Reduction rate －62.1% Large Truck ⇒ 5t Container Cost-effectiveness ・Reduction of transportation Over 500km costs (requirements) Introduction of environmentally friendly means of transportation
Slide 25: Endowed lectures at Hitotsubashi University
ESG Initiatives：The opening of the endowed lectures of Hitotsubashi University. Purpose of endowed lectures We have opened the endowed lectures called "Logistics Management Theory" at Hitotsubashi University. Through this lecture and joint research, we aim to contribute to the development of the log
Slide 26: For IR inquiries
For IR inquiries NIKKON Holdings Co., Ltd. Stock Section, General Affairs Department 6-17 Akashi-cho, Chuo-ku, Tokyo TEL (03)3541-5330 (Representative) FAX (03)3546-3659 http://www.nikkon-hd.co.jp E-mail:kouhou@nikkon.co.jp ◆ Forward-looking statements in this presentation, including earnings foreca
Slide 27: Reference Materials
NIKKO Reference Materials 27
Slide 28: Company Overview: Corporate Profile
Company Overview：Corporate Profile Company Name NIKKON Holdings Co., Ltd. E s t a b l i s h e d August 27, 1953 H e a d O f f i c e 6-17 Akashi-Cho, Chuo-ku, Tokyo, Japan Representative Masakatsu Kuroiwa President C a p i t a l s t o c k JPY11,316 million (As of September 30, 2021) Number of 12,637
Slide 29: Company Overview: Our History
Company Overview：Our History ■Sales trends and History Oct.2015 Company name changed to NIKKON Holdings Co., Ltd. （Billions of yen） Nov.2015 Established company in Malaysia 200 Jan.2014 Acquired shares of Ito Express Co., Ltd. Mar.2013 Acquired shares of Shinei Warehouse Co., Ltd. 180 Dec.2010 Acqui
Slide 30: Domestic operating Sites
Company Overview：Domestic operating Sites（As of Sep. 30,2021） 44 domestic affiliates Hokkaido area Tomakomai (NK) Number of domestic operating sites 277 Ebetsu 〃 【Legend】 Takasu Center 〃 Sapporo shinbun yuso Co., Ltd. NIKKON Holdings Co,. Ltd. Head office Hokkai Logistics service Co., Ltd. Touhoku a
Slide 31: Overseas Offices
Company Overview：Overseas Offices（As of Sep. 30, 2021） Overseas locations 9 Countries 30 Companies ・NIKKON CHINA LOGISTICS CO., LTD ・NK PARTS INDUSTRIES, INC. ・FUTIAN-NIKKON LOGISTICS ・NK AMERICA, INC. (GUANGZHOU) CO., LTD. ・Other 4 Companies ・Others 2 Companies ・NKP MEXICO.S.A.de C.V. ・NK LOGISTICA
Slide 32: Historical Financial Data: Net Sales, Operating Profit, Margin
Historical Financial Data: Consolidated Net Sales・Operating Profit ・Operating Profit Ratio (Millions of yen) (％) 250,000 Net Sales Operating Profit Operating Profit Ratio 12.0 10.5 10.1 10.1 10.1 10.1 10.0 9.6 10.0 200,000 9.0 8.9 7.8 8.0 150,000 6.0 100,000 197,693 199,512 187,819 182,536 170,076 1
Slide 33: Historical Financial Data: Net Sales, ROE, ROA
Historical Financial Data：Consolidated Net Sales ROE・ROA (Millions of yen) (％) 250,000 Net Sales ROE ROA 15.0 197,693 199,512 200,000 187,819 12.0 179,312 182,536 170,076 174,031 165,205 8.8 150,000 140,511 8.2 8.1 8.2 8.2 9.0 8.0 130,717 7.5 7.1 7.3 5.7 100,000 5.4 5.2 6.0 4.9 4.9 5.0 5.1 5.1 4.8 4
Slide 34: Historical Financial Data: Shareholder's Equity and Equity Ratio
Historical Financial Data: Consolidated Shareholder’s Equity, Shareholder’s Equity-to-Total Asset Ratio (Millions of yen) (％) 250,000 Shareholder's Equity Shareholder's Equity-to-Total Asset Ratio 100.0 200,000 70.7 75.0 67.6 64.0 63.7 63.3 64.8 64.5 62.5 62.6 61.0 150,000 50.0 100,000 207,747 192,7
Slide 35: Consolidated Balance Sheet
Consolidated Balance Sheet （Millions of yen） 2020/3 2021/3 2021/9 2020/3 2021/3 2021/9 Total current assets 73,464 74,542 68,553 Total current liabilities 54,474 46,269 38,657 Notes and accounts Cash and deposits 31,502 31,399 28,482 11,265 9,799 8,918 payable-trade Notes and accounts Electronically