Japan Elevator Service Holdings Co., Ltd. · TSE:6544

Japan Elevator Service — Q3 FY2020/3 Earnings Presentation

21 slides from Japan Elevator Service's earnings presentation, Feb 7, 2020

  1. Slide 1: FY2020/3 Third Quarter Results

    FY2020/3 Third Quarter Results Japan Elevator Service Holdings (TSE 1st Section: 6544) February 7, 2020 Copyright © japan elevator service holdings all rights reserved

  2. Slide 2: Contents

    Contents 2 １ FY2020/3 Third Quarter Results ２ FY2020/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  3. Slide 3: FY2020/3 Third Quarter Results

    3 FY2020/3 Third Quarter Results Copyright © japan elevator service holdings all rights reserved

  4. Slide 4: FY2020/3 Third Quarter Results (Performance)

    FY2020/3 Third Quarter Results (Performance) 4 (million yen) FY2019/3 3Ｑ FY2020/3 3Q YoY (%) Ratio to Ratio to Actual Actual sales (%) sales (%) Net sales 12,823 100.0 15,732 100.0 122.7 Cost of sales 8,152 63.6 9,968 63.4 122.3 Gross profit 4,671 36.4 5,764 36.6 123.4 SG&A 3,248 25.3 3,794 24.1 116

  5. Slide 5: FY2020/3 Third Quarter Results (Sales by Business)

    FY2020/3 Third Quarter Results (Sales by Business) 5 (million yen) FY2019/3 3Ｑ FY2020/3 3Ｑ YoY (%) Amount Ratio (%) Actual Ratio (%) Maintenance and Preservation 9,976 77.8 11,126 70.7 111.5 Services Modernization Services 2,806 21.9 4,085 26.0 145.5 Other 40 0.3 521 3.3 1,292.8 Total 12,823 100.0 1

  6. Slide 6: FY2020/3 Consolidated Financial Forecasts

    6 FY2020/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  7. Slide 7: FY2020/3 Consolidated Financial Forecasts

    FY2020/3 Consolidated Financial Forecasts 7 1H 2H Full year Unit: million FY2020/3 FY2020/3 FY2020/3 FY2020/3 FY2020/3 yen; % FY FY2020/3 Result FY Forecast FY Forecast Forecast Forecast 2019/3 Forecast 2019/3 2019/3 (initial) (initial) YoY YoY YoY Net sales 8,200 9,600 10,370 126.5 9,700 10,400 10,

  8. Slide 8: FY2020/3 Consolidated Financial Forecasts (Sales by Business)

    FY2020/3 Consolidated Financial Forecasts (Sales by Business) 8 1H 2H Full year Unit: million yen; % FY2019/3 FY2020/3 Result FY2019/3 FY2020/3 Forecast FY2019/3 FY2020/3 Forecast Amount Amount YoY Amount Amount YoY Amount Amount YoY Maintenance and 6,480 7,320 113.0 7,056 7,653 108.5 13,536 14,973

  9. Slide 9: Financial Supplement

    9 Financial Supplement Copyright © japan elevator service holdings all rights reserved

  10. Slide 10: Reference: Our Growth

    Reference: Our Growth 10 Net sales ¥17.9bn Elevators under maintenance contracts Approx. 48,900 Net sales ¥13.5bn Elevators under maintenance contracts Approx. 38,800 Net sales ¥10.4bn Elevators under maintenance contracts Approx. 32,000 Net sales ¥7.7bn Elevators under maintenance contracts End of

  11. Slide 11: Reference: Dividends

    Reference: Dividends 11 FY2018/3 FY2019/3 FY2020/3 YoY Actual Actual Plan Annual dividend amount ¥14 ¥13 ¥16 +¥3 Up Year-end dividend ¥14 ¥11 ¥16 +¥5 Commemorative - ¥2 - -¥2 dividend Total dividend amount ¥280million ¥523million ¥648million +¥124million YoY 124% Payout ratio (consolidated) 33.1 % 4

  12. Slide 12: Reference: First Half Highlights: Steady Increase in Maintenance Contracts

    Reference: 12 First Half Financial Highlights: Steady Increase in Maintenance Contracts Net increase in maintenance contracts End of Sept. 2019 ○ Focus on the Kansai, Tokai, and Kyushu regions Elevators under ○ Seek to further boost productivity by increasing maintenance contracts market share in th

  13. Slide 13: Reference: First Half Highlights: Further Enhancement of the Modernization Business

    Reference: First Half Financial Highlights: 13 Further Enhancement of the Modernization Business One-time Modernization Quick Renewal ○Achieved record-high sales partly due to a surge in ○JES will seek to increase the target models for demand ahead of the consumption tax hike Quick Renewal and captu

  14. Slide 14: Reference: First Half Highlights: Enhancement of the LiftSPOT Business

    Reference: 14 First Half Financial Highlights: Enhancement of the LiftSPOT Business Increase in equipped units ○ Launch a Media business for the purpose of providing added value to maintenance business and cultivating a new source of revenue ○ Aim to increase the number of equipped units as an effec

  15. Slide 15: Reference: First Half Highlights: Boost in Operating Margin

    Reference: First Half Financial Highlights: Boost in Operating Margin 15 Operating Margin ○Achieved 11.7% in second quarter of FY2020/3 JES operating margin (%) ⇒ Aim to achieve 20% in the medium term 30 Operating Initiatives to Boost Margin 25 Margin Operating margin 20% 1. Enhancement of overseas

  16. Slide 16: Reference: Construction of JIC II

    Reference: Construction of JIC II 16 Purpose １. Accelerated Quick Renewal development ⇒Boosted sales and operating margin ２. Enhanced inspection capability for parts procured overseas ⇒Boosted operating margin ３. Further enhancement of parts centers (1) Enhanced capability to respond to failures ⇒Bo

  17. Slide 17: Reference: Future Business Development

    Reference: Future Business Development 17 (Aiming to Build Up Global Standard Business) Domestic Overseas Bu sine ss Now Onwards Now Onwards Steady increase in Aiming to reach a Maintenance number of business scale on par Developing business in maintenance Developing business in and contracts in are

  18. Slide 18: Reference: Coverage

    Reference: Coverage 18 As of February 1, 2020 JES Hokkaido 9 offices 78 offices JES HD 2 offices JES Jyonan 16 offices (+2) JES Jyosai 14 offices Japan Elevator Parts 8 offices (+1) JES Kanagawa 16 offices JES Tokai 6 offices (+1) JES Kansai 6 offices (+2) JES Kyusyu 1 office (+1) ( ) Number of chan

  19. Slide 19: Reference: Financial Highlights (1)

    Reference: Financial Highlights (1) 19 Net sales Operating profit (Million yen) (Million yen) 2,034 17,900 15,326 13,544 11,891 1,351 10,499 729 588 611 FY15/3 FY16/3 FY17/3 FY18/3 FY19/3 FY15/3 FY16/3 FY17/3 FY18/3 FY19/3 Note 1: Results are on a consolidated basis for FY2015 and onward Note 1: Res

  20. Slide 20: Reference: Financial Highlights (2)

    Reference: Financial Highlights (2) 20 Net assets / total assets (Million yen) Net assets Total assets 11,484 10,624 7,848 6,552 5,530 3,937 2,870 2,072 886 793 FY15/3 FY16/3 FY17/3 FY18/3 FY19/3 Note 1: Results are on a consolidated basis for FY2015 and onward Net assets per share Net income per sh

  21. Slide 21: Disclaimer and Caution Concerning Forward-looking statements

    Disclaimer and Caution Concerning Forward-looking statements 21 Disclaimer  Japan Elevator Service Holdings (the “Company”) has prepared these materials for your reference, so that you may understand the current status of the Company  While these materials have been prepared based on generally-kno

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