Morita Holdings Corporation · TSE:6455
Morita — Q3 FY2023 Earnings Presentation
9 slides from Morita's earnings presentation, Jan 31, 2024
Slide 1: Third Quarter Financial Results for FY2023
Third Quarter Financial Results for FY2023 January 31, 2024 Securities Code: 6455 https://www.morita119.com/en © 2024 MORITA HOLDINGS CORPORATION
Slide 2: Consolidated Performance (3Q)
Consolidated Performance (3Q) bil. JPY bil. JPY 60 Net sales +25% 6.0 Operating Income 51.8 54.7 40 50.5 47.5 4.0 +253% 43.8 3.7 3.9 3.3 20 2.0 2.6 0.9 0 0.0 '19 '20 '21 '22 '23 '19 '20 '21 '22 '23 bil. JPY 80 Order Intake bil. JPY 80 Order Backlog +14% -0% 60 68.9 68.7 60 73.4 62.2 61.3 62.2 64.3 4
Slide 3: Performance Composition by Quarter
Performance Composition by Quarter Net Sales Operating Income bil. JPY bil. JPY 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Full year 100 10 90.0 90 86.9 9 8.9 8.9 84.7 83.6 81.3 8 8.1 8.1 80 35.3 7 5.0 70 35.1 (39%) 5.1 (56%) 34.1 (40%) 36.1 (58%) 5.5 (40%) 37.5 (43%) 6 (68%) 4.8 60 (46%) (59%) 5 5.1 50 20.1 4 20.1 (2
Slide 4: Outlook for Segment Performance
Outlook for Segment Performance bil. JPY Net Sales 2022A 2023E 60 +14% 51.0 40 44.9 +6% 20 +5% 20.8 22.0 +10% 5.9 6.2 9.8 10.8 0 FFV FPES RM ECV bil. JPY Operating Income 2022A 2023E 6 +126% 4 4.0 +38% 2 2.8 2.0 +19% 1.8 -15% 0.7 0.6 0.6 0.7 0 FFV FPES RM ECV © 2024 MORITA HOLDINGS CORPORATION 4
Slide 5: Fire Fighting Vehicles (3Q)
Fire Fighting Vehicles (3Q) bil. JPY bil. JPY 40 Net Sales 4.0 Operating Income +36% 3.0 30 3.2 29.0 29.5 27.8 2.0 2.5 20 24.9 20.4 1.0 1.4 10 0.8 0.0 -0.6 0 -1.0 '19 '20 '21 '22 '23 '19 '20 '21 '22 '23 bil. JPY bil. JPY 60 Order Intake 60 Order Backlog +19% -2% 51.1 40 47.9 47.2 40 44.1 44.0 42.3 4
Slide 6: Fire Protection Equipment & Systems (3Q)
Fire Protection Equipment & Systems (3Q) bil. JPY bil. JPY Net Sales +19% 2.0 Operating Income 16 +105% 15.4 12 1.5 12.9 1.6 11.8 12.3 11.2 1.0 8 4 0.5 0.8 0.4 0.0 0.3 0 0.0 '19 '20 '21 '22 '23 '19 '20 '21 '22 '23 bil. JPY 10 Order Intake bil. JPY 10 Order Backlog -2% -9% 8 8 7.7 7.5 8.0 6 6 7.2 6.6
Slide 7: Recycling Machines (3Q)
Recycling Machines (3Q) bil. JPY bil. JPY 6.0 Net Sales 0.6 Operating Income +17% +8% 0.5 4.0 0.4 0.5 4.4 0.4 4.0 3.6 3.4 0.3 2.0 2.6 0.2 0.2 0.0 0.0 '19 '20 '21 '22 '23 '19 '20 '21 '22 '23 bil. JPY 6 Order Intake bil. JPY 6 Order Backlog +6% +7% 5 5 5.2 5.5 4 5.0 5.0 4 4.6 4.4 3 3.7 3.6 3 2 2 3.0 3
Slide 8: Environmental Conservation Vehicles (3Q)
Environmental Conservation Vehicles (3Q) bil. JPY bil. JPY 8 Net Sales +11% 0.8 Operating Income 6 7.5 7.3 7.2 0.6 6.9 6.5 0.4 0.5 +31% 4 0.5 0.5 2 0.2 0.3 0.3 0 0.0 '19 '20 '21 '22 '23 '19 '20 '21 '22 '23 bil. JPY Oder Intake +5% bil. JPY Order Backlog +18% 10 10 8 9.0 8 9.6 8.5 8.6 7.9 7.8 8.1 6 6
Slide 9: Forward-looking statements disclaimer
This document contains forward-looking statements. Where any such forward-looking statement includes a statement of the assumptions, bases underlying such a forward-looking statement, or economic environment in the primary markets and fluctuations of demand and supply, Morita Holdings cautions that