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

Japan Elevator Service — FY2021 Earnings Presentation

25 slides from Japan Elevator Service's earnings presentation, May 20, 2021

  1. Slide 1: FY2021/3 Financial Results

    FY2021/3 Financial Results May 20, 2021 Japan Elevator Service Holdings Co., Ltd. (TSE 1st Section: 6544) Copyright © japan elevator service holdings all rights reserved

  2. Slide 2: Contents

    Contents 2 １ Priority Issues for the Current Fiscal Year ２ ESG Initiatives 3 FY2021/3 Financial Results ４ FY2022/3 Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  3. Slide 3: Priority Issues for the Current Fiscal Year

    3 Priority Issues for the Current Fiscal Year Copyright © japan elevator service holdings all rights reserved

  4. Slide 4: Priority Issues for the Current Fiscal Year

    Priority Issues for the Current Fiscal Year 4 Elevators under maintenance Net increase in maintenance contracts contracts in Japan Approx. 6,800 Approx. 67,500 Miyoshi Elevator Co., Ltd. Cosmo Japan, Inc. Kansai Elevator Co., Ltd. (As of March 31, 2021) Approx. 5,900 Nagano Elevator Co., Ltd. （unit）

  5. Slide 5: Priority Issues for the Current Fiscal Year

    Priority Issues for the Current Fiscal Year 5 Targeting 100,000 elevators under contract, OPM of 20% in short-to- medium term, by enhancing existing business, creating new revenue sources, and raising profitability Enhancing existing business Mainte- nance Business Model Moderni- Preser- zation vati

  6. Slide 6: ESG Initiatives

    6 ESG Initiatives Copyright © japan elevator service holdings all rights reserved

  7. Slide 7: ESG Initiatives

    ESG Initiatives 7 In order to provide a high-quality service, we view “Safety-Ensuring Quality”, “Product Safety”, “Occupational Safety”, and “Employee Engagement” as high materiality issues Material SDGs Management Principles Safety above anything else 1. Safety-Ensuring Quality and Product Safety

  8. Slide 8: ESG Initiatives

    ESG Initiatives 8 Our Parts Center, Technical Support, and Control Center work in tandem to create a virtuous cycle and enable the provision of high-quality services Technical Support Safety-Ensuring Quality and Product Safety Parts Center Occupational Employee Control Center Safety Engagement Copyr

  9. Slide 9: ESG Initiatives

    ESG Initiatives 9 Environment Initiatives ・Recycling and Repair Business ・LED lights installed in elevators ・Quick Renewal service ・Greenery Development Project Social Initiatives ・Technical Support ・Control Center ・Test tower →R&D →Training ・Educational field trips ・Test Tower leased out as high-ri

  10. Slide 10: FY2021/3 Financial Results

    10 FY2021/3 Financial Results Copyright © japan elevator service holdings all rights reserved

  11. Slide 11: FY2021/3 Financial Results (Performance)

    FY2021/3 Financial Results (Performance) 11 (Million yen) FY2020/3 FY2021/3 Change Earnings Ratio to Ratio to YoY (%) （YoY） Outlook Actual sales Actual sales （%） （Revised） (%) (%) Net sales 21,339 100.0 24,521 100.0 114.9 102.2 24,000 Cost of sales 13,523 63.4 15,090 61.5 111.6 Gross profit 7,816 36

  12. Slide 12: FY2021/3 Financial Results (Sales by Business)

    FY2021/3 Financial Results (Sales by Business) 12 (Million yen) FY2020/3 FY2021/3 YoY (%) Amount Ratio (%) Actual Ratio (%) Maintenance and Preservation 15,030 70.4 17,476 71.3 116.3 Services Modernization Services 5,599 26.2 6,330 25.8 113.0 Other 709 3.4 714 2.9 100.8 Total 21,339 100.0 24,521 100

  13. Slide 13: FY2021/3 Financial Results (B/S)

    FY2021/3 Financial Results (B/S) 13 (Million yen) FY2020/3 FY2021/3 YoY (%) Actual Ratio (%) Actual Ratio (%) Current assets 6,356 44.5 8,168 39.9 128.5 Cash and deposits 1,145 8.0 1,674 8.2 146.1 Notes and accounts 2,781 19.5 3,606 17.6 129.7 receivable Property, plant and equipment 5,672 39.7 8,17

  14. Slide 14: FY2021/3 Financial Results (Cash Flows)

    FY2021/3 Financial Results (Cash Flows) 14 (Million yen) FY2020/3 FY2021/3 Change from Actual Actual previous period Cash and cash equivalents 1,045 1,145 99 at beginning of period Cash flows from operating activities 1,963 3,018 1,055 Cash flows from investing activities △2,454 △3,955 △1,500 Free c

  15. Slide 15: FY2021/3 Dividends

    FY2021/3 Dividends 15 (Yen) FY2020/3 FY2021/3 Change from Actual Actual previous period ￥24 Annual dividends per share ￥18 ＋￥6 [￥12 ] 2nd quarter-end dividend ― ― ― ￥24 Fiscal year-end dividend ￥18 ＋￥6 [￥12 ] Commemorative dividend ― ― ― Total cash dividends (Total) ¥729M ￥1,062M ＋￥333M Dividend pay

  16. Slide 16: FY2022/3 Financial Forecasts

    16 FY2022/3 Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  17. Slide 17: FY2022/3 Financial Forecasts

    FY2022/3 Financial Forecasts 17 1H 2H Full year FY FY2022/3 FY FY2022/3 FY FY2022/3 Unit: million yen; % 2021/3 Forecast 2021/3 Forecast 2021/3 Forecast Amount Amount YoY Amount Amount YoY Amount Amount YoY Net sales 10,967 12,400 113.1 13,553 14,600 107.7 24,521 27,000 110.1 Operating profit 1,617

  18. Slide 18: FY2022/3 Consolidated Financial Forecasts (Sales by Business)

    FY2022/3 Consolidated Financial Forecasts (Sales by Business) 18 1H 2H Full year FY FY2022/3 FY FY2022/3 FY FY2022/3 Unit: million yen; % 2021/3 Result 2021/3 Forecast 2021/3 Forecast Amount Amount YoY Amount Amount YoY Amount Amount YoY Maintenance and 8,240 9,100 110.4 9,235 10,300 111.5 17,476 19

  19. Slide 19: Financial Supplement

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

  20. Slide 20: Reference: Our Growth

    Reference: Our Growth 20 Net sales ¥24.5bn Elevators under maintenance contracts Approx. 67,500 Net sales ¥21.3bn Elevators under maintenance contracts Approx. 54,800 Net sales ¥17.9bn Elevators under maintenance contracts Approx. 48,800 Net sales ¥13.5bn Elevators under maintenance contracts Approx

  21. Slide 21: Reference: Coverage

    Reference: Coverage 21 JES HD ：3 offices As May 13, 2021 JES Hokkaido ：9 offices 108 offices JES Jyonan ：16 offices JES Jyosai ：17 offices (+2) JES Kanagawa ：18 offices (+2) JES Tokai ：7 offices JES Kansai ：7 offices JES Kyusyu ：1 office Japan Elevator Parts ：8 offices Japan Parking Service ：2 offic

  22. Slide 22: Future Business Development

    Future Business Development 22 (Aiming to Build Up Global Standard Business) Domestic Overseas (mainly Southeast Asia) Bu sine ss Now Onwards Now and Onwards Steady increase in Aiming to reach a Maintenance number of Conduct research for local needs and market business scale on par maintenance asses

  23. Slide 23: Reference: Financial Highlights (1)

    Reference: Financial Highlights (1) 23 Net sales Operating profit (Million yen) (Million yen) 24,521 3,612 21,339 17,900 2,717 15,326 13,544 2,034 1,351 611 FY17/3 FY18/3 FY19/3 FY20/3 FY21/3 FY17/3 FY18/3 FY19/3 FY20/3 FY21/3 Ordinary profit Profit attributable to owners of parent (Million yen) (Mi

  24. Slide 24: Reference: Financial Highlights (2)

    Reference: Financial Highlights (2) 24 Net assets / total assets (Million yen) Net assets Total assets 20,473 14,297 10,624 11,484 10,505 7,848 5,177 3,937 2,072 2,870 FY17/3 FY18/3 FY19/3 FY20/3 FY21/3 Net assets per share Net income per share (Yen) 115.97 (Yen) 27.51 21.03 63.34 15.75 48.42 10.59

  25. Slide 25: Disclaimer and Caution Concerning Forward-looking statements

    Disclaimer and Caution Concerning Forward-looking statements 25 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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