Takaoka Toko Co., Ltd. · TSE:6617
Takaoka Toko — Q2 FY2022 Earnings Presentation
21 slides from Takaoka Toko's earnings presentation, Nov 18, 2022
Slide 1: FY2022 Second Quarter Supplementary Briefing Material on Financial Results
Takaoka Toko Group FY2022 (Fiscal year ending on March 31, 2023) Second Quarter Supplementary Briefing Material on Financial Results November 18, 2022 TSE Prime Market (6617) Takashi Ichinose, President and Representative Director ©Takaoka Toko Co.,Ltd. 2022. All rights reserved.
Slide 2: Introduction
Introduction We deeply apologize for causing great inconveniences and concerns regarding the improper cases of gas insulated switchgear and remote controller for automated switchgear, which we announced on Aug. 27, Sep. 8, and Oct. 29, 2021, and temporary suspension of ISO9001 certification as a res
Slide 3: Celebrating the 10th Anniversary of the Establishment
Celebrating the 10th Anniversary of the Establishment October 1, 2022 marked the 10th anniversary of the business integration of the Company’s predecessor, Takaoka Electric Mfg. Co., Ltd., with Toko Electric Corporation, through the establishment of a joint holding company (the former TAKAOKA TOKO H
Slide 4: Contents
Contents 1. FY2022 Second Quarter Business Results <YoY Analysis> 2. Performance of Business Segments <YoY Analysis> 3. Impact of Prolonged Lead Time of Parts Procurement and Soaring Major Material Prices 4. FY2022 Business Forecast 5. Dividend Payment 6. FY2022 Second Quarter Topics ©Takaoka Toko C
Slide 5: FY2022 Second Quarter Business Results
1. FY2022 Second Quarter Business Results <YoY Analysis> Consolidated net sales amounted to 42,243 million yen (a YoY increase of 5.7%) mainly due to an increase in sales of 3D inspection systems, disconnecting switches, and power distribution equipment, despite a decrease in the number of oversea
Slide 6: Change in Segments
1. FY2022 Second Quarter Business Results Change in Segments Establish a highly mobile organizational structure to achieve the 2030 VISION We reorganized our organization on June 29 to establish the GX Solution Business Division as part of our efforts toward a “comprehensive energy business provid
Slide 7: Business Portfolio (Net Sales)
1. FY2022 Second Quarter Business Results Business Portfolio (FY2022 Second Quarter Net Sales) Applied Optics Inspection System Business Segment 3D inspection systems, 2D image processing systems, etc. 5%（2%） Real estate leasing GX Solution Business Segment Other Businesses 1%（1%） 6%（6%） Power plant
Slide 8: Business Results: Net Sales
1. FY2022 Second Quarter Business Results: Net Sales <YoY Analysis> [Net sales by segment] (In millions of yen) FY2022 2Q FY2021 2Q YoY Segment Percent Amount (A) Ratio Amount (B) Ratio Increase (A)−(B) change Electric Equipment Business 24,482 58.0% 24,176 60.5% 305 1.3% Metering Business 12,842 30
Slide 9: Business Results: Income
1. FY2022 Second Quarter Business Results: Income <YoY Analysis> [Income by segment] (In millions of yen) FY2022 2Q FY2021 2Q YoY Segment Percent Amount (A) Profit margin Amount (B) Profit margin Increase (A)−(B) change Electric Equipment Business 2,499 10.2% 2,097 8.7% 401 19.1% Metering Business 1
Slide 10: Performance of Business Segments: Electric Equipment
2. Performance of Business Segments <YoY Analysis> Net sales Segment profit Electric Equipment Business Segment (In millions of yen) 300 30 FY2022 2Q FY2021 2Q Increase YoY (％) 250 25 Actual (A) Actual (B) (A)－(B) 200 20 Net sales 24,482 24,176 305 1.3% 150 15 Segment 2,499 2,097 401 19.1% 100 10 pr
Slide 11: Performance of Business Segments: GX Solution
2. Performance of Business Segments <YoY Analysis> Net sales Segment profit 30 30 GX Solution Business Segment (In millions of yen) 25 25 FY2022 2Q FY2021 2Q Increase YoY (％) Actual (A) Actual (B) (A)－(B) 20 20 Net sales 2,460 2,508 (47) (1.9%) 15 15 Segment 10 10 profit (447) (278) (168) － 5 5 sale
Slide 12: Impact of Prolonged Lead Time of Parts Procurement and Soaring Material Prices
3. Impact of Prolonged Lead Time of Parts Procurement and Soaring Major Material Prices Prolonged lead time of parts procurement Soaring major material prices With prolonged lead time of procurement of various Regarding soaring prices of major materials parts including semiconductors, we are also ex
Slide 13: FY2022 Business Forecast
4. FY2022 Business Forecast In FY2022, we expect net sales of 93,000 million yen, operating income of 4,400 million yen, ordinary income of 4,500 million yen, and profit attributed to shareholders of the parent company of 3,000 million yen based on estimated increase in sales of quick chargers and 3
Slide 14: Dividend Payment
5. Dividend Payment We believe that stable dividends are the basis for meeting shareholders' expectations; therefore, we will continue to pay dividends twice a year, an interim dividend of 25 yen and a year-end dividend of 25 yen, while striving to ensure a stable management base by strengthening ou
Slide 15: Topics: Enhance EV Infrastructure Solution
6. FY2022 Second Quarter Topics Enhance EV infrastructure solution to help create a low-carbon society Aiming for carbon neutrality by 2050, we are continuously working to reduce environmental impact throughout corporate activities and offer products and services which help reduce environmental impa
Slide 16: Topics: Improving Productivity through KAIZEN and Digitalization
6. FY2022 Second Quarter Topics Improving productivity through KAIZEN and Digitalization For realizing a “sustainable society” which Takaoka Toko aims for, we are promoting Toyota KAIZEN activities and digitalization which we have continued so far in a more powerful way and are working to create inn
Slide 17: Topics: Efforts for Human Resource Vitalization
6. FY2022 Second Quarter Topics Efforts for human resource vitalization Promoting women’s empowerment We are promoting women’s empowerment with a target by FY2030 that 25% of recruited employees, 15% of total employees, and 5% of managerial employees shall be women. We have launched the “Diversity P
Slide 18: Topics: Smart Meter Business
6. FY2022 Second Quarter Topics Smart Meter Business Second quarter results of Toshiba Toko Meter Systems • Net sales were nearly at the same level as the previous year (an increase of 2%) thanks to an increased sales in the gas field, despite the impact on production of some electric smart meters d
Slide 19: Cautionary statement regarding the performance forecast
Cautionary statement regarding the performance forecast Performance forecasts in this document have been made based on information available as of its publication date, and actual operating results may differ from such forecasts due to various factors. ©Takaoka Toko Co.,Ltd. 2022. All rights reserve
Slide 20: Reference: FY2022 Business Forecast (Net Sales by Segment)
Reference: FY2022 Business Forecast Comparison Between Before and After Segment Change [Net sales by segment] Before the segment change (In millions of yen) FY2022 Forecast FY2021 Actual YoY Segment Percent Amount (A) Ratio Amount (B) Ratio Increase (A)−(B) change Electric Equipment Business 55,992
Slide 21: Reference: FY2022 Business Forecast (Income by Segment)
Reference: FY2022 Business Forecast Comparison Between Before and After Segment Change [Income by segment] Before the segment change (In millions of yen) FY2022 Forecast FY2021 Actual YoY Segment Percent Amount (A) Profit margin Amount (B) Profit margin Increase (A)−(B) change Electric Equipment Bus