Ebara Corporation · TSE:6361
Ebara — Q3 2022 Earnings Presentation
22 slides from Ebara's earnings presentation, Nov 14, 2022
Slide 1: Results Presentation for Nine Months Ended September 30, 2022
Results Presentation for Nine Months Ended September 30, 2022 EBARA (6361) November 14, 2022
Slide 2: Table of Contents
Table of Contents Points of Results P.3 4. Topics 1. FY22 1-3Q Summary of Results ・E-Plan2022 Standard Pumps: P.13 Overseas Strategy Progress ・Consolidated P.4 ・Segment 5. Appendix P.5 ・Orders P.14 ・Revenue by Region P.6 ・Revenue P.15 2. FY22 1-3Q Results by Segment ・Operating Profit P.16 ・FMS Busin
Slide 3: Points of Results
Points of Results FY22 1-3Q Results FY22 Forecast YoY* YoY* Change Vs.P.Plan* ■ Orders ¥594.5 B. ¥177.0 B. → ■ Orders ¥783.5 B. ¥12.0 B. → ¥33.0 B. +3.1% +1.6% +4.4% ■ Revenue ¥480.0 B. ¥601.0 B. ↗ ■ Revenue ¥670.0 B. ¥66.7 B. ↗ ¥-14.0 B. +14.3% +11.1% -2.0% ■ Operating Profit ¥42.6 B. ¥56.0 B. ↗ ■
Slide 4: Consolidated
1. FY22 1-3Q Summary of Results Consolidated FY21 1-3Q FY22 1-3Q Change Change % (in billion yen) Orders 576.8 594.5 +17.7 +3.1% Revenue 419.9 480.0 +60.1 +14.3% Operating Profit 37.0 42.6 +5.6 +15.1% OP Ratio 8.8% 8.9% +0.1pts Profit Attributable 24.4 27.2 +2.8 +11.8% to Owners of Parent Exchange R
Slide 5: Segment
1. FY22 1-3Q Summary of Results Segment FY21 1-3Q FY22 1-3Q Change Change % (in billion yen) Orders 576.8 594.5 +17.7 +3.1% Revenue 419.9 480.0 +60.1 +14.3% Total Operating Profit 37.0 42.6 +5.6 +15.1% OP Ratio 8.8% 8.9% +0.1pts Orders 258.5 286.6 +28.1 +10.9% Revenue 237.8 270.2 +32.4 +13.6% FMS Bu
Slide 6: Revenue by Region
1. FY22 1-3Q Summary of Results Revenue by Region FY21 1-3Q FY22 1-3Q Composition Composition (in billion yen) Results Results Change Change % of Revenue of Revenue Total 419.9 100.0% 480.0 100.0% +60.1 +14.3% In domestic market (Japan) 179.2 42.7% 178.5 37.2% -0.6 -0.4% In overseas market 240.7 57.
Slide 7: FMS Business
2. FY22 1-3Q Results by Segment FMS Business Results (in billion yen) Highlights Pumps Orders 382.0 Revenue ◼ Standard pumps: Orders, revenue, and operating FY21 FY22 354.8 371.0 336.9 profit increased due to the strong overseas 286.6 258.5 270.2 market (+) 187.8 179.2 237.8 ◼ Custom Pumps: revenue
Slide 8: EP Business
2. FY22 1-3Q Results by Segment EP Business Results (in billion yen) Highlights Orders Orders Revenue FY21 FY22 ◼ Received a large orders in 3Q 129.4 119.6 Revenue 90.0 76.8 71.5 71.8 ◼ Revenue from EPC* increased (+) 52.2 Operating Profit 61.6 46.2 50.0 36.4 28.5 16.3 19.4 21.6 31.3 ◼ Revenue incre
Slide 9: PM Business
2. FY22 1-3Q Results by Segment PM Business Results (in billion yen) Highlights Orders Orders Revenue FY21 FY22 285.4 310.0 ◼ Capex in the semiconductor market remains at a 229.9 226.0 high level 164.6 197.2 156.4 192.7 ◼ Solid orders for both components and CMPs 116.8 96.0 130.8 Revenue 51.3 68.9 4
Slide 10: Consolidated
3. FY22 Forecast Consolidated *P.Plan: Prior Plan 1-4Q (in billion yen) FY21 Results FY22 P.Plan* FY22 Plan YoY Change Change from previous plan Aug/12/22 Nov/14/22 Change Change % Change Change % Announced date(m/d/y) a b' b b-a b-b' Orders 771.4 750.5 783.5 +12.0 +1.6% +33.0 +4.4% Revenue 603.2 68
Slide 11: Segment
3. FY22 Forecast Segment *P.Plan: Prior Plan 1-4Q (in billion yen) FY21 FY22 P.Plan* FY22 Plan YoY Change Change from previous plan Aug/12/22 Nov/14/22 Change Change % Change Change % Announced date(m/d/y) a b' b b-a b-b' Orders 771.4 750.5 783.5 +12.0 +1.6% +33.0 +4.4% Revenue 603.2 684.0 670.0 +66
Slide 12: Response to Changes in Business Environment
3. FY22 Forecast Response to Changes in Business Environment ◼ Minimize the impact on business performance by responding to risks caused by changes in the business environment ◼ Impact on full-year operating profit has been factored into this revised forecast Impact on operating profit (YoY) Risks B
Slide 13: E-Plan2022 Standard Pumps: Overseas Strategy Progress
4. Topics E-Plan2022 Standard Pumps: Overseas Strategy Progress ◼ Identify new markets and expand sales offices E-Plan2022 ◼ Allocate investments and resources to regions with high growth potential Basic Policy ◼ Strengthen marketing function and development system to bring competitive products to m
Slide 14: Orders
5. Appendix Orders *P.Plan: Prior Plan (in billion yen) FY21 FY22 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Change Announced date(m/d/y) Aug/12/22 Nov/14/22 a b b-a Total 159.4 344.9 576.8 771.4 177.0 399.4 594.5 750.5 783.5 +33.0 FMS Business 78.9 165.4 258.5 354.8 91.1 187.8 286.6 372.
Slide 15: Revenue
5. Appendix Revenue *P.Plan: Prior Plan (in billion yen) FY21 FY22 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Change Announced date(m/d/y) Aug/12/22 Nov/14/22 a b b-a Total 135.2 274.1 419.9 603.2 152.8 312.4 480.0 684.0 670.0 -14.0 FMS Business 81.9 162.8 237.8 336.9 87.6 179.2 270.2 371
Slide 16: Operating Profit
5. Appendix Operating Profit *P.Plan: Prior Plan (in billion yen) FY21 FY22 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Change Announced date(m/d/y) Aug/12/22 Nov/14/22 a b b-a Total 12.2 24.6 37.0 61.3 14.1 27.1 42.6 67.5 67.5 - FMS Business 7.9 13.2 15.0 24.7 7.9 12.7 17.6 27.0 30.0 +3.0
Slide 17: Backlog of Orders
5. Appendix Backlog of Orders *P.Plan: Prior Plan (in billion yen) FY21 FY22 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q 1-4Q P.Plan* 1-4Q Plan Change Announced date(m/d/y) Aug/12/22 Nov/14/22 a b b-a Total 498.4 546.1 633.7 651.5 689.5 774.9 813.2 718.0 765.0 +47.0 FMS Business 196.6 203.2 222.2 224.3 238.7 258
Slide 18: Revenue by Region
5. Appendix Revenue by Region (in billion yen) FY21 FY22 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q 1-3Q FMS Business 81.9 162.8 237.8 336.9 87.6 179.2 270.2 Japan 41.6 67.1 93.2 126.6 38.5 67.4 93.2 Asia (excl. Japan) 23.1 49.5 80.3 116.4 22.1 51.3 81.1 North America 5.4 14.0 19.2 26.2 6.4 13.1 23.4 Europe 5.3 14.6
Slide 19: Balance Sheets
5. Appendix Balance Sheets (in billion yen) FY21 3Q FY21 4Q FY22 3Q Change Change a b c c-a c-b Total Assets 692.0 719.7 808.0 +115.9 +88.3 Current Assets 471.8 499.9 556.3 +84.4 +56.4 Cash and cash equivalents 137.1 136.4 130.6 -6.5 -5.8 Trade receivables 184.6 218.4 220.4 +35.8 +2.0 Inventories 12
Slide 20: Cash Flows
5. Appendix Cash Flows *P.Plan: Prior Plan (in billion yen) 1-3Q 1-4Q FY21 FY22 Change FY21 FY22 P.Plan* FY22 Plan YoY Change Change from Announced date(m/d/y) Aug/12/22 Nov/14/22 previous plan a b b-a c d' d d-c d-d' CF from 65.1 23.3 -41.8 72.8 40.0 30.0 -42.8 -10.0 operating activities CF from -3
Slide 21: Capital Expenditures, Depreciation and Amortization, R&D Expenses
5. Appendix Capital Expenditures, Depreciation and Amortization, R&D Expenses *P.Plan: Prior Plan (in billion yen) 1-3Q 1-4Q FY21 FY22 Change Change FY22 P.Plan FY22 Plan Change Change Announced date(m/d/y) Aug/12/22 Nov/14/22 a b b-a c d' d d-c d-d' CAPEX 16.7 19.2 +2.5 22.7 47.0 30.0 +7.2 -17.0 FM
Slide 22: Forward-looking statements notice
This release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements which are valid only as of the date thereof.