Giken Ltd. · TSE:6289
Giken — H1 FY2024 Earnings Presentation
17 slides from Giken's earnings presentation, Apr 9, 2024
Slide 1: Financial Results Overview, First Half of FY2024
Construction Revolution First Half of FY2024 (September 2023 to February 2024) GIKEN LTD. Financial Results Overview April 9 , 2024 <Securities code: 6289>
Slide 2: Forward-Looking Statements Disclaimer
Forward-Looking Statements Disclaimer Except for historical facts, certain information provided in this document, such as our and our group’s current policies and management strategies, contains “forward-looking statements” based on currently available information, including statements about the fut
Slide 3: Financial Results Overview for the 1st Half of FY 2024
Financial Results Overview for the 1st Half of FY 2024 2
Slide 4: Financial Results Trend
Financial Results Trend Unit: Millions of JPY FY2022 FY2023 FY2024 1st Half 1st Half 1st Half YoY YoY Actual Actual Actual Net Sales 14,218 14,933 ＋5.0％ 15,535 +4.0％ Gross Profit 5,942 5,694 6,009 -4.2% +5.5% （Gross Margin） (41.8%) (38.1%) (38.7%) Operating 2,786 2,146 2,417 Profit -23.0% +12.6％ （Op
Slide 5: Domestic and Overseas Sales Comparison
Domestic and Overseas Sales Comparison Unit: Millions of JPY FY2022 FY2023 FY2024 1st Half 1st Half 1st Half YoY YoY Actual Actual Actual Net Sales 14,218 14,933 ＋5.0％ 15,535 ＋4.0％ Domestic 12,089 12,766 ＋5.6％ 13,515 +5.9％ Sales Overseas 2,128 2,167 ＋1.8％ 2,019 -6.8％ Sales Overseas 15.0％ 14.5％ -0.5％
Slide 6: Comparison Between Initial Forecast and Results
Comparison Between Initial Forecast and Results Unit: Millions of JPY FY2024 1st Half 1st Half Difference vs. Initial Actual initial forecast Forecast Net Sales 15,300 15,535 +1.5% Gross Profit 5,660 6,009 +6.2% （Gross Margin） (37.0%) (38.7%) Operating Profit 2,200 2,417 +9.9% （Operating Profit Marg
Slide 7: Net Sales and Operating Profit ー Comparison with Previous Year
Net Sales and Operating Profit ー Comparison with Previous Year FY2023 FY2024 Unit: Millions of JPY 従来予想 実績 1st Half Actual 1st Half Actual 15,535 14,933 【Factors in sales changes】 ■Construction Machinery Segment 4,448 ・Overseas product sales increased significantly. 4,848 ■Press-in Work Segment ・The
Slide 8: Net Sales by Segment
Net Sales by Segment Construction Machinery Segment Press-in Work Segment Unit: Millions of JPY Unit: Millions of JPY 5,000 4,848 100.0% 12,000 100.0% 4,500 4,448 90.0% 11,086 4,208 140 10,010 10,085 90.0% 4,000 1,539 80.0% 10,000 1,879 742 628 80.0% 3,500 1,386 70.0% 70.0% 4,308 8,000 3,000 60.0% 6
Slide 9: Operating Profit by Segment
Operating Profit by Segment Construction Machinery Segment Press-in Work Segment Unit: Millions of JPY Unit: Millions of JPY 12,000 6,000 11,287 10,464 10,583 200 5,500 454 497 5,063 10,000 5,000 215 4,270 4,537 4,500 89 8,000 4,000 62 3,500 6,000 3,000 2,985 3,243 2,582 2,500 (26.4%) 4,000 (31.0%)
Slide 10: Net Sales and Operating Profit ー Comparison with Initial Forecast
Net Sales and Operating Profit ー Comparison with Initial Forecast FY2024 FY2024 従来予想 実績 1st Half Forecast 1st Half Actual 【Factors in net sales changes】 Unit: Millions of JPY 15,535 ■Construction Machinery Segment 15,300 ・Customer capital investment remained solid but product demand was overestimate
Slide 11: Full-Year Forecast for FY2024
Full-Year Forecast for FY2024 10
Slide 12: Forecast
Forecast There is no change to the full-year forecast figures for the fiscal year ending August 31, 2024 announced on October 11, 2023 Unit: Millions of JPY FY2023 FY2024 Full Year 1st Half 2nd Half Full Year Actual Actual Forecast Forecast Net Sales 29,272 15,535 14,464 30,000 Operating 2,983 2,417
Slide 13: Progress in the 2nd Quarter of FY 2024
Progress in the 2nd Quarter of FY 2024 12
Slide 14: Progress in Domestic Business
Progress in Domestic Business Following the 2024 Noto Peninsula Earthquake, we opened a temporary office in Kanazawa City in late January. We have since been conducting on-site investigations and promoting engineering proposals. We realize strong demands and rising expectations to our press-in techn
Slide 15: Overseas － Current Status and Future Plans
Overseas － Current Status and Future Plans Establish GIKEN’s business model in overseas Stimulation of press-in markets: Develop potential markets in response to the needs where we can serve through offering press-in technology based on GIKEN’s expertise. Growth of press-in industry: Expand the indu
Slide 16: Progress of Overseas Projects
Progress of Overseas Projects Sold a GYRO PILER to a South Korean customer as their 3 rd unit. (Applied in projects for expressways, banks, railroad track perimeter, disaster recovery work, etc.) The GYRO PILER is installing piles in a emergency disaster recovery work (Retaining wall is being constr
Slide 17: Construction Revolution
Construction Revolution Implant method changes the Worldwide Construction