Yuasa Co. Ltd. · TSE:8074
Yuasa — Yuasa Trading — FY2021 Earnings Presentation
28 slides from Yuasa's earnings presentation, May 17, 2021
Slide 1: Financial results briefing for fiscal year ended March 2021
Securities Code: 8074 Financial results briefing material Financial results briefing for fiscal year ended March 2021 May 17th, 2021 Service Integrated Shosha Group President & CEO Hiroyuki Tamura All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2021 0
Slide 2: Introduction: History of YUASA
Introduction：History of YUASA Year History 1666 Founded in Kyoto by Shokuro Yuasa as a charcoal shop Closed the charcoal shop and opened a knives 1671 wholesale store 1674 Opened an outlet in Edo (Tokyo) 1816 Opened an outlet in Osaka 1910 Established a base in China（Wuhan） Charcoal shop (Yuasa Trad
Slide 3: Introduction: Our business model
Introduction：Our business model Suppliers Customers End Users About 20,000 companies About 6,000 Manufacturing companies field Machine tool dealers / Dealers Manufacturing Okuma DMG Mori Seiki industry FANUC Overseas Exporters OKK subsidiaries KITO Tungaloy Daikin Industries Living environment Mitsu
Slide 4: Introduction: Where can you see us?
Introduction：Where can you see us? Advertising in The Nikkei Female professional golfers We post an advertisement on the front page of the We have contracts with two female professional morning edition of the Nikkei newspaper on the 5th of golfers to support young professional athletes. every month.
Slide 5: Table of contents
Table of contents ■FY2021/3 Financial Results ■FY2022/3 Earnings Forecast ■Progress of Medium-Term Management Plan Growing Together 2023 All Rights Reserved. Copyright YUASA TRADING CO.,LTD. 2021 4
Slide 6: FY2021/3 Summary of financial results
FY2021/3 Summary of financial results Forecast for the fiscal year ended March 2021 announced on June 19, 2020 (compared to actual results) Net sales：450,000 （96.0％） Operating profit：9,250（97.1%） Ordinary profit：10,000（100.1%）Current net profit：6,700（103.4%） All Rights Reserved. Copyright YUASA TRAD
Slide 7: Sales by Segment
Sales by Segment FY03/19 FY03/20 FY03/21 FY03/22※ Segments Change(vs Change(vs Results Results Results Forecast FY03/20 results) FY03/21 results) Industrial Equipment & Tools 73.0 70.0 61.5 △12.2% 76.5 ＋24.3% Machine Tools 130.5 122.4 82.7 △32.4% 121.5 ＋46.9% Housing, Air & Fluidic Control Systems 1
Slide 8: Consolidated balance sheets
Consolidated balance sheets • Trade receivables and accounts payables decreased as a result of a drop in sales due to the Covid-19. • Net defined benefit assets, investment securities & accumulated other comprehensive income increased due to stock price recovery. • Investment securities increased du
Slide 9: Status of consolidated cash flows
Status of consolidated cash flows Items FY03/20 FY03/21 Main factors Income before Net cash provided by (△used in) operating activities 12.9 5.9 income taxes:＋10.4 Income tax payment:△4.7 Acquisition of investment Net cash provided by (△used in) securities : △2.3 investing activities △2.8 △3.5 Acqui
Slide 10: FY03/22 Forecast
FY03/22 Forecast First Half Second Half Full Business Year Prev. Current Prev. Current Prev. Current terms terms Change terms terms Change terms terms Change results forecast results forecast results forecast Net sales 227.7 264.3 492.0 【after applying the revenue 202.3 +12.6％ 229.8 +14.9% 432.1 +13
Slide 11: YUASA VISION 360 and Numeric Targets for Growing Together 2023
YUASA VISION 360 and Numeric Targets for Growing Together 2023 We will aim for growth as Service Integrated Shosha Group with its profit structure top-ranked in the industry. ■Net Sales・Ordinary Profits（in billions of yen） ※ Sales are before the application of revenue recognition accounting standard
Slide 12: Driving the Growth Strategy (1)
Driving the Growth Strategy (１) (1) Overseas business We will focus the management resources of Investment the group in North America, South Asia, and budget East Asia. 【Priority country】 Thailand JPY 4.0bn Growing Together 2023 Progress Industrial Local sales staff training & sales expansion to Net
Slide 13: Driving the Growth Strategy (2)
Driving the Growth Strategy (2) (2) Robots (AI) & IoT Business We aim to expand the entire customer network by Investment budget proposing cutting-edge AI / IoT / robot technologies. 【Investment targets】 Alliances with AI venture companies and system integrators. Investment to enhance system integra
Slide 14: Driving the Growth Strategy (3)
Driving the Growth Strategy (3) (3) Eco & Energy Solution Business We aim to realize a "distributed energy society" that utilizes renewable energy to secure a resilient lifeline and an efficient use of energy. Growing Together 2023 Progress ⮚ A storage battery line-up that meets the needs and applic
Slide 15: Driving the Growth Strategy (4)
Driving the Growth Strategy (4) (4) New Distribution Business We will expand the electronic commerce (Growing Navi) business with our current customers. Growing Together 2023 Progress ⮚ Increase of orders on Growing Navi （from 2020 results of 5 bn yen to →2023 forecast of 10 bn yen） ⮚ Development of
Slide 16: Driving the Growth Strategy (5)
Driving the Growth Strategy (5) (5) Resilience & Security Business We will promote the formation of safe and secure social infrastructure, with a focus on disaster prevention, disaster mitigation and BCP. Growing Together 2023 Progress ⮚ Development of aluminum privacy fence "Yachibei®" used for con
Slide 17: Driving the Growth Strategy (6)
Driving the Growth Strategy (6) We will add the two new areas developed in the 1st stage to our growth businesses. (6) Agriculture Process Business (7) Long-term Care & Medical Business We will propose a next generation We will support on-site improvements "profitable agriculture“. Net sales in an a
Slide 18: Driving the Next Growth Business
Driving the Next Growth Business We will promote new businesses for the 3rd stage. (8) Food Equipment Business (9) Sharing Business We will drive for a total proposal for We will create a sharing platform that smart food factories. meets market needs. Net sales Net sales 2.7 （2021 Results） 8.0 bn （2
Slide 19: Strengthen Core Businesses: Function enhancement
Strengthen Core Businesses：Function enhancement （October 2020） Business scale （December 2020） Business scale Made Maruken Service Co., Ltd. and About 2 bn yen Made Nakagawa Kinzoku Co., Ltd. and About 6 bn yen Maruken Trading Co., Ltd. a subsidiary Nagai Sangyo Co., Ltd. a subsidiary Construction M
Slide 20: Strengthen Core Businesses: Comprehensive strength
Strengthen Core Businesses ：Comprehensive strength At the 7th Japan Resilience Awards, the entire Yuasa Trading Group received two awards for highest excellence and two awards for excellence, for a total of four awards. Manpower reduction and infectious disease Infectious Disease Control: countermea
Slide 21: Grand Fair 2021
Grand Fair 2021 Utilizing the experience and know-how at the YUASA Growing fair we, the "Tsunagu, Service Integrated Shosha Group" will not only be connecting exhibitors and visitors, but also be suggesting ways to connect web and real world, the venue itself and other locations, new exhibition meth
Slide 22: Initiatives for DX
IT digital IT digital IT digital Initiatives for DX investment investment investment quota By DX promotion transfer to quota quota 12 bn yen "Integrated Product-Service 4.0 bn yen 8.0 bn yen YUASA VISION trading company" 2nd stage 3rd stage 360 【Promotion status of the next IT digital strategy】 Prom
Slide 23: Sustainability initiatives / Carbon neutrality
Sustainability initiatives The Group's corporate philosophy is to "contribute to the further development of prosperous, humanitarian societies by valuing mutually beneficial, symbiotic relationships in all countries and regions of the world, with a focus on maintaining harmony with the global enviro
Slide 24: Strengthening corporate governance
Strengthening corporate governance ➀Reduction of strategically held shares ⮚ Holding limit standard Standard for reducing strategically Net worth standard：Reduced if total shares held exceed a certain held shares percentage of the holding company's net assets （Common to all group companies） Revenue
Slide 25: Investment budget for growth (Summary)
Investment budget for growth（Summary） We will set an investment budget of 17 billion yen in total to promote businesses growth and IT digital investment. Investment Remaining No Results . Business Name budget （1 year） Investment information budget （3 years） (2 years) １ Overseas 4 bn yen - - 4 bn yen
Slide 26: Growing Together 2023 Numeric Targets & KPIs
Growing Together 2023 Numeric Targets & KPIs (in billions of yen) FY03/20 FY03/21 FY03/22 FY03/23 Financial KPI Results Results Forecast Forecast Net sales 491.3 432.1 492.0 545.0 【After applying the revenue recognition standard】 【-】 【-】 【471.0】 【520.0】 Operating profit 11.8 8.9 11.7 15.4 Operating
Slide 27: Capital allocation policy (shareholder return policy)
Capital allocation policy (shareholder return policy) We will increase earnings per share and improve shareholder value by allocating the profits generated through our business activities to investments for growth while maintaining financial soundness. （Maintaining financial soundness） Due to the in
Slide 28: Service Integrated Shosha Group
Service Integrated Shosha Group Forecasts and forward-looking statements in this document are based on information available as of the date of this document's release and on certain assumptions and expectations. Accordingly, actual results may differ materially due to various risks and uncertainties