Jgc Holdings Corporation · TSE:1963
Jgc — Q4 2024 Earnings Presentation
17 slides from Jgc's earnings presentation, May 14, 2024
Slide 1: Financial Results for Fiscal 2023 Business Overview
This presentation is English-language translation of the original Japanese-language document for your convenience. In the case that there is any discrepancy between the Japanese and English versions, the Japanese version is assumed to be correct. Financial Results for Fiscal 2023 Business Overview M
Slide 2: Contents
Contents 1. Total Engineering Business 1. FY2024 Business Environment Outlook 2. Orders Target for FY2024 3. Progress in Major Projects 4. Recording of Loss: Background and Details 5. Recording of Loss: Causes, Issues, and Response (1) 6. Recording of Loss: Causes, Issues, and Response (2) 7. Streng
Slide 3: Total Engineering Business
Total Engineering Business 3
Slide 4: FY2024 Business Environment Outlook
FY2024 Business Environment Outlook Overseas Transitional energy ⚫ Demand for natural gas (including LNG) remains high, driven by increasing energy demand, energy security issues, and pursuit of decarbonization. Clients are moving ahead with capital investment plans while taking environmental measur
Slide 5: Orders Target for FY2024
Orders Target for FY2024 Thoroughly selecting orders in the favorable plant market, considering a moderate number of orders. FY2023 FY2024 Consolidated orders： Consolidated orders target： approx. 300 Billion Yen 970 Billion Yen 【Major projects to focus in FY2024】 Segment Overseas： 840 Billion Yen Do
Slide 6: Progress in Major Projects
Progress in Major Projects Overseas Domestic LNG Canada Basrah Refinery Upgrading in Iraq API Facility in Shizuoka Starting Commercial Operations Scheduled completion：2025 Completion：2024 Middle of 2025： Progress ： Progress ： Construction site work is at its peak. The fabrication of equipment and tr
Slide 7: Recording of Loss: Background and Details
Recording of Loss: Background and Details ⚫ Business diversification is being pursued in five areas, including energy transition, in line with the medium-term business plan and long-term management vision (BSP 2025 and 2040 Vision). Background ⚫ The Group is also strengthening the framework for regi
Slide 8: Recording of Loss: Causes, Issues, and Response (1)
Recording of Loss: Causes, Issues, and Response (1) JGC Corp. was working to expand business, as well as the JGC Group was engaged in many sustainability-oriented business development feasibility studies. Therefore, it was unable as an Causes organization to allocate suitable engineering resources.
Slide 9: Recording of Loss: Causes, Issues, and Response (2)
Recording of Loss: Causes, Issues, and Response (2) As the scale of individual projects for client capital investments plans grows in local Asian and Middle East markets, we are securing and executing multiple medium-scale projects. However, Causes our subsidiaries in Saudi Arabia and Indonesia are
Slide 10: Strengthening JGC Corporation's Management team
Strengthening JGC Corporation’s Management team To enhance the implementation of countermeasures for issues (1) and (2), Mr. Yamada, the President of JGC Japan Corporation, has been appointed as the Representative Director and Senior Executive Vice President of JGC Corporation. This aims to strength
Slide 11: Functional Materials Manufacturing Business
Functional Materials Manufacturing Business 11
Slide 12: FY2023 Results and FY2024 Targets
FY2023 Results and FY2024 Targets FY2023 Results FY2024 Target Approx. FY2023 Results/ 52 52 Net sales FY2024 Targets Billion Yen Billion Yen Catalysts / Fine Chemicals JGC Catalysts and Chemicals Ltd. (C&C) <Market Environment> • Fuel demand continues to recover, and demand for FCC catalysts and ot
Slide 13: Moving Forward with Capital Investment to Strengthen Production Capacity
Moving Forward with Capital Investment to Strengthen Production Capacity Promoting investment to expand functional materials manufacturing business for functional materials, in line with the medium- term plan and long-term management vision New sites acquired in Niigata and Fukuoka JGC Catalysts and
Slide 14: Appendix - Status of BSP2025
Appendix - Status of BSP2025 - 14
Slide 15: Progress and Outlook in the Three Key Strategies
Progress and Outlook in the Three Key Strategies Maintaining the same policies for key strategies Current understanding, outlook Future policies • In response to the booming market, narrow down projects • Rebuilding our framework for executing EPC to pursue and allocate resources appropriately. proj
Slide 16: Progress and Outlook for Growth Strategy Investment
Progress and Outlook for Growth Strategy Investment Approx. 65 billion yen invested (mainly in R&D and facilities) out of 200 billion yen allocated. Expecting approx. 120 billion yen of investment, Including projects to be invested in FY2024 and beyond (internal investment decisions have already bee
Slide 17: Note on Future Outlook
Note on Future Outlook This presentation may contain forward-looking statements about JGC Holdings Corporation. You can identify these statements by the fact that they do not relate strictly to historic or current facts. These statements discuss future expectations, identify strategies, contain proj