Hosokawa Micron Corporation · TSE:6277
Hosokawa Micron — H1 FY2019 Earnings Presentation
25 slides from Hosokawa Micron's earnings presentation, May 28, 2019
Slide 1: Financial Results (the 1st half of FY2019)
Financial Results （the 1st half of FY2019） May. 28th 2019 Process Technologies for Tomorrow President : Yoshio Hosokawa http://www.hosokawamicron.co.jp/en/
Slide 2: Financial Summary and Mid-term Business Plan Progress
1 Ⅰ. Financial Summary (The 1st half of FY2019) ・Consolidated ・Domestic Ⅱ. Summary and Progress of The 16th Mid-term Business Plan (FY2018-FY2020) ・Operation & Progress ・Global Marketing Strategy ・Remarkable business ・Capital investment
Slide 3: Financial Summary of the 1st half of FY2019
2 Ⅰ. Financial Summary of the 1st half of FY2019
Slide 4: Financial Summary (consolidated)
3 Financial Summary (consolidated) (100 million yen) FY2018 FY2019 1st half 1st half Actual Actual Plan year-on-year Booking 320 305 95.4% Sales 271 282 265 104.2% Gross Profit 100 102 102.9% Ratio of gross profit to sales 36.8% 36.4% -0.4%p Ope. Income 31 32 22 104.6% Operating income to sales 11.5
Slide 5: Trend (consolidated)
4 Trend (consolidated) Sales (1stH) Sales (2ndH) GPR SGA Ratio Ope. Income Ratio 40 568 36.9 560 600 GPR, SGA Ratio, Ope. Income Ratio (%) 35.7 36.4 34.4 36.4 473 495 500 446 277 Sales (100million yen) 30 29.3 297 24.8 400 27.5 26.2 25.4 20 262 265 300 234 11.5 11.9 10.2 200 10 8.2 5.2 282 100 230 2
Slide 6: Booking, Sales, Backlog trend of business records (consolidated)
Booking, Sales, Backlog (100 million yen) 50 0 350 100 150 200 250 300 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. Backlog 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. Booking 2 Qtr. 3 Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Q
Slide 7: Booking & Backlog by business segment (consolidated)
6 Booking & Backlog by business segment (consolidated) Booking Backlog (100 million yen) (100 million yen) Confectionery The end of FY2015 Confectionery 600 300 Blown Film Confectionery Blown Film business sold Powder Processing Powder Processing 500 24 132 250 152 The end of FY2015 36 39 80 40 Conf
Slide 8: Powder Processing Business (consolidated)
7 Powder Processing Business (consolidated) Sales Ratio to total sales ： 73.0% Booking, Sales, Backlog Booking ・ Sales ・ Backlog (100 million yen) 500 1stH 2ndH Backlog 400 300 200 100 0 Booking Sales Booking Sales Booking Sales ‣ Good situation for market of consumer FY2017 FY2018 FY2019 1stH produ
Slide 9: Blown Film Business (consolidated)
8 Blown Film Business (consolidated) Sales Ratio to total sales ： 27.0% Booking, Sales, Backlog 1stH 2ndH Backlog Booking , Sales, Backlog (100 million yen) 160 140 120 100 80 60 40 20 0 Booking Sales Booking Sales Booking Sales FY2017 FY2018 FY2019 1stH Ope. Income, Ope. Income Ratio ‣ Steady busin
Slide 10: Continuously growing up of Blown Film Business
9 Continuously growing up of Blown Film Business
Slide 11: Sales by Destination (consolidated)
10 Sales by Destination (consolidated) (million yen) FY2018 FY2019 year-on-year 1st half 1st half Japan Sales 6,872 7,327 106.6% Occupation 25.3% 25.9% America Sales 5,457 6,287 115.2% Occupation 20.1% 22.2% Europe Sales 10,477 9,879 94.3% Occupation 38.6% 34.9% Asia & Other Sales 4,354 4,805 110.4%
Slide 12: 1st half of FY2019 Booking Trend (consolidated) Booking by Market
11 1st half of FY2019 Booking Trend (consolidated) Booking by Market
Slide 13: Hosokawa Micron Corporation (HMC)
12 Hosokawa Micron Corporation (HMC) (million yen) FY2018 FY2019 1st half 1st half Actual Actual year-on-year Backlog 5,659 6,177 109.2% (Beginning of the term) Booking 8,581 7,314 85.2% Sales 7,298 7,391 101.3% Gross Profit 3,219 3,395 105.5% Ratio of gross profit to sales 44.1% 45.9% +1.8%p Ope. I
Slide 14: Hosokawa Micron Corporation (HMC) Trend
13 Hosokawa Micron Corporation (HMC) Sales (1stH) Sales (2ndH) GPR SGA Ratio Ope. Income Ratio 50 200 GPR, SGA Ratio, Ope. Income Ratio (%) 45.9 44.1 42.5 42.1 Sales (100 million yen) 41.4 40 149 154 36.1 150 125 131 29.3 30 112 32.4 31.5 29.9 81 100 72 68 77 20 56 16.6 14.2 10.1 10.6 50 10 5.3 73 6
Slide 15: Summary and Progress of The 16th Mid-term Business Plan (FY2018-FY2020)
14 Ⅱ. Summary and Progress of The 16th Mid-term Business Plan (FY2018-FY2020)
Slide 16: The 16th Mid-term Business Plan (FY2018-FY2020)
15 The 16th Mid-term Business Plan (FY2018-FY2020) 【Business Policy】 The Hosokawa Micron Group enhance its brand strengthen and profitability through the implementation of global marketing of the entire Group’s products 1. Expand business into emerging markets and new growth sectors by integrating o
Slide 17: Basic operation and Progress
16 Basic operation and Progress Basic operation Progress • Proposing products to be promoted 1. Strengthen of globally Global Marketing • Considering the way to the approach specific markets 2. Expansion of • Approaching to strengthen Parts business After sales and by proposing the integrated servic
Slide 18: Basic operation and Progress
17 Basic operation and Progress Basic operation Progress • Promoting sales activities by exerting group synergy effect 3. Construction, • Opened the representative office accomplishment in Thailand of Group strategy ・ Promoting quick and accurate market research
Slide 19: Basic operation and Progress
18 Basic operation and Progress Basic operation Progress 4. Development of New product and • Development of new products that technology, achieved enhancement performance Cost reduction and high-value-added and cost reduction product 5. Optimizing group • Implementation of the new business operation
Slide 20: Progress of Basic Operation: IoT
19 Progress of Basic Operation 1 : IoT Introduce IoT to Powder Process Technology Developing of high competitive product based by market needs Develop and sale product, technology, application in cooperate with the group Constructed IoT technology “HOSOKAWA GEN4” as small system for demonstration ex
Slide 21: Progress of Basic Operation: Focus area
20 Progress of Basic Operation 2 : Focus area Common focus area as our group : China, Korea and South-East Asia ‣ Finding and Approaching to promising markets by cooperation with one group
Slide 22: Progress: After Sales Business
21 Progress : After Sales Business Order trends (consolidated) Entire group strengthen this business as source of revenue expansion ‣ Starting to raise selling price of main parts (domestic) ‣ Approaching to strengthen Parts business by proposing the integrated service with Powder processing
Slide 23: Progress: Toll Processing Business
22 Progress : Toll Processing Business Order trends (consolidated) Expansion of revenue base : Rebuild continual business and challenge of new sector ‣ Installed new machine only for high-value-added processing ‣ Approaching to potential market (foods & automobile parts, etc.)
Slide 24: Capital Investment of Hosokawa Micron Group
23 Capital Investment of Hosokawa Micron Group Strengthening production base Capital Investment Country Construction of Osaka New Factory Japan Construction of Logistics center Germany Manufacturing automation Netherland (CNC machine with robot)
Slide 25: Construction of Osaka New Factory
24 Construction of Osaka New Factory Currently, the project in progress The purpose of this project in hope to profitability Ensuring safety improvement Soundproofing ・Improvement the operation environment on trial run of the machine Development of productive efficiency 3D measuring devices ・ Raisin