Shinmaywa Industries,Ltd. · TSE:7224
Shinmaywa Industries,Ltd — Q2 FY2022 Earnings Presentation
43 slides from Shinmaywa Industries,Ltd's earnings presentation, Nov 17, 2022
Slide 1: Presentation of Financial Results for Second Quarter of Fiscal Year 2022
Presentation of Financial Results for Second Quarter of Fiscal Year 2022 November 17, 2022
Slide 2: Financial Results for Second Quarter of Fiscal Year 2022
Financial Results for Second Quarter of Fiscal Year 2022 Consolidated Financial Results Note 1: Numerical values appearing in this document have been rounded down to the nearest unit, while ratios are shown in round figures. Note 2: In this document, “1Q” signifies the cumulative 3-month period, “2Q
Slide 3: Summary of Consolidated Financial Results for the Second Quarter of FY2022
Summary of Consolidated Financial Results for the Second Quarter of FY2022 (Million yen) Year-on-year change FY2021 FY2022 Change 2Q 2Q (Rate of change) Orders received Orders received increased in all segments Orders received 119,992 133,910 ＋13,917 (＋11.6％) except Special Purpose Truck and Other
Slide 4: Consolidated Financial Results for the Second Quarter of FY2022, by Segment
Consolidated Financial Results for the Second Quarter of FY2022, by Segment (Billion yen) Orders received Net sales Operating profit Segment FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 Change Change Change 2Q 2Q 2Q 2Q 2Q 2Q Special Purpose Truck 57.7 57.0 -0.6 48.3 43.7 -4.6 3.5 0.7 -2.8 Parking Syste
Slide 5: Consolidated Balance Sheets / Consolidated Statements of Cash Flows
Consolidated Balance Sheets / Consolidated Statements of Cash Flows Consolidated Balance Sheets (Million yen) Consolidated Statements of Cash Flows (Million yen) As of As of March FY2021 FY2022 September Change Change 31, 2022 2Q 2Q 30, 2022 Cash and deposits 26,600 17,239 -9,361 Cash flows from ope
Slide 6: Special Purpose Truck Segment
Special Purpose Truck Segment Trends in financial results (Billion yen) FY2022-2Q results (year-on-year) Orders received Net sales Orders received FY2021 FY2022 FY2021 FY2022 Decrease in construction-related vehicles and 118.6 transportation vehicles 109.5 97.1 91.5 85.9 71.9 Net sales 57.757.0 48
Slide 7: Parking Systems Segment
Parking Systems Segment Trends in financial results (Billion yen) FY2022-2Q results (year-on-year) Orders received Net sales Orders received FY2021 FY2022 FY2021 FY2022 Mechanical car parking systems: 38.1 40.1 38.0 39.3 Increase in product orders (new construction of two- and multiple-level syste
Slide 8: Industrial Machinery & Environmental Systems Segment
Industrial Machinery & Environmental Systems Segment Trends in financial results (Billion yen) FY2022-2Q results (year-on-year) Orders received Net sales Orders received Mechatronics products: Increase in vacuum products FY2021 FY2022 FY2021 FY2022 39.4 30.0 Environment- related business: 37.0 3
Slide 9: Fluid Segment
Fluid segment Trends in financial results (Billion yen) FY2022-2Q results (year-on-year) Orders received Net sales Orders received FY2021 FY2022 FY2021 FY2022 Increased due to the effects of M&A implemented in the 22.1 22.8 20.7 22.3 previous fiscal year 17.3 Increase in domestic public demand,
Slide 10: Aircraft Segment
Aircraft Segment Trends in financial results (Billion yen) FY2022-2Q results (year-on-year) Orders received Net sales Orders received Orders from Ministry of Decrease in components for transport aircraft FY2021 FY2022 FY2021 FY2022 31.7 23.3 Defense: Increase in orders received of G7500 aircraft 19.
Slide 11: Consolidated Financial Results Forecast for Fiscal Year 2022
Consolidated Financial Results Forecast for Fiscal Year 2022
Slide 12: Summary of Consolidated Financial Results Forecast for FY2022
Summary of Consolidated Financial Results Forecast for FY2022 (Million yen) FY2022 (forecast) Change (Rate of change) Year-on-year change FY2021 Announced Announced Year-on-year Orders received (actual) Compared with figures in July in October change announced in July Orders are expected to decrea
Slide 13: Business environment (reportable segments)
Business environment (reportable segments) Segment Forecast Business environment (outlook) Demand is firm, but the slowdown in production due to factors such as delays in procuring key parts is expected to last longer than anticipated. Outstanding orders as of the end of FY2022 are expected to inc
Slide 14: Consolidated Financial Results Forecast for FY2022 by Segment (Year-on-year)
Consolidated Financial Results Forecast for FY2022 by Segment (Year-on-year) (Billion yen) Orders received Net sales Operating profit Segment FY2021 FY2022 Change FY2021 FY2022 Change FY2021 FY2022 Change (actual) (forecast) (actual) (forecast) (actual) (forecast) Special Purpose Truck 118.6 109.5 -
Slide 15: Consolidated Financial Results Forecast for FY2022 by Segment (vs July)
Consolidated Financial Results Forecast for FY2022 by Segment (In comparison with figures announced in July) (Billion yen) Orders received Net sales Operating profit Segment FY2022 FY2022 FY2022 FY2022 FY2022 FY2022 (announced (announced Change (announced (announced Change (announced (announced Chan
Slide 16: Toward the Achievement of Medium-term Management Plan [Sustainable Growth-2023]
Toward the Achievement of Medium-term Management Plan [Sustainable Growth-2023]
Slide 17: Progress of Medium-term Management Plan [SG-2023] – Targets and Progress Status
Progress of Medium-term Management Plan [SG-2023] – Targets and Progress Status [SG-2023] Target values (End March 2024) [SG-2023]Progress status Management Significant growth in automatic wire terminating machines and vacuum →Enhancement Target standards equipment areas accompanying the shift towar
Slide 18: Introduction of the Fluid Segment
Introduction of the Fluid Segment [Shift toward independent disclosure based on the management approach] Toward becoming a fluid equipment manufacturer recognized by the world
Slide 19: Introduction of the Fluid Segment: History of the Fluid Business
Introduction of the Fluid Segment [History of the Fluid Business] History of the Fluid Business 1954 Developed the first self-priming pump Launched sales under the product name “Pointer Pump” 1964 Launched sales of submersible pumps (technical partnership with overseas manufacturer) Expanded sales w
Slide 20: Areas of Focus: Rainwater Drainage Pumps
Introduction of the Fluid Segment: Areas of Focus [Rainwater Drainage Pumps] ◆Fundamental Plan for National Resilience (from government materials) Flood control measures that take the impact of climate change into consideration [Social issue that should be addressed] Flood damage from torrential rai
Slide 21: Areas of Focus: Utilization of AI/IoT
Introduction of the Fluid Segment: Areas of Focus [Utilization of AI/IoT] Turbo blower remote monitoring system that utilizes Enables malfunction prediction, remote monitoring, and AI/IoT sound facility operation of manhole pumps through AI KNOWTILUS TM MANPONET (Cloud) IoT-based remote monitoring s
Slide 22: Areas of Focus: Overseas Expansion
Introduction of Fluid Segment: Areas of Focus [Overseas Expansion] ◆North American market ◆Global market Mutual utilization of sales routes TM TM ShinMaywa TM ShinMaywa ShinMaywa Industries: Overseas expansion for fluid equipment such as submersible pumps, with a focus on North America and Southeast
Slide 23: Initiatives Toward the Creation of New Values
Initiatives Toward the Creation of New Values
Slide 24: Examples of Initiatives (1): Collaboration Between Fluid/Aircraft Segments and External Corporations
Examples of Initiatives (1): Collaboration Between Fluid/Aircraft Segments and External Corporations Exhibition of prototype that uses recycled carbon fibers at Sewage Works Exhibition ‘22 Tokyo Carbon fibers Pre-preg ・Important issues (Materiality) Raw Preventing global warming, contributing to a r
Slide 25: Examples of Initiatives (2): Investments in Start-ups
Examples of Initiatives (2): Expansion of Business Domains Through Investments in Start-ups Decision and implementation of investment in WOTA CORP., a start-up that is taking up the challenge of solving the water problem ・WOTA CORP. is a Japanese start-up that has set out the mission of “seeking str
Slide 26: Examples of Initiatives (3): Expansion of the Scope of Partnership with Alliance Companies
Examples of Initiatives (3): Expansion of the Scope of Partnership with Alliance Companies that Takes Advantage of the Strengths of Both Companies Launch of demonstration experiments with Nealle Inc. on the installation of EV chargers at car parks operated by ShinMaywa ・Since September 2022, we have
Slide 27: Examples of Initiatives (4): Smart Technology for Mechanical Car Parking Systems
Examples of Initiatives (4): Leading the Mechanical Car Parking Systems Market Through Smart Technology Development of the smartphone app “Spasa” (ShinMaywa Parking Support App) to enhance the convenience, comfort, and safety of mechanical car parking systems ・ShinMaywa has developed “Spasa,” the sm
Slide 28: Examples of Initiatives (5): Safety and Maintenance of Special Purpose Trucks
Examples of Initiatives (5): Concrete Measures to Ensure the Safety and Strengthen the Maintenance of Special Purpose Trucks “ShinMaywa Smart Connect” communication tool ・ Addition of loader dump (a dump truck that is also used for transporting construction machinery) to the target products for Shin
Slide 29: Examples of Initiatives (6): Proprietary Aircraft Technology
Examples of Initiatives (6): Development of Proprietary Aircraft Technology to Open Up New Markets ■XU-L [Joint development with Yamaha Motor Co., Ltd.] Development and demonstration of fixed-wing ・Aimed at the development of large-scale unmanned unmanned aircraft that utilizes core technology aircr
Slide 30: Promotion of ESG Management
Promotion of ESG Management －Publication of Integrated Report－
Slide 31: ShinMaywa's Value Creation Process
ShinMaywa’s Value Creation Process - Extracted from the Integrated Report - Long-term Medium-term Management Plan Management Plan Long-term business strategies: Five themes Striving to achieve high targets, backcasting from [SG-Vision 2030]. Strengthening of management foundations: Three themes Supp
Slide 32: KEY ESG Issues (Materiality)
KEY ESG Issues (Materiality) - Abstracted from the Integrated Report - Key ESG issues (Materiality) Crucial themes Reduction of greenhouse gas emissions from production activities (Scope 1, 2) Preventing global warming Environment Provision of products and services with less environmental impact Con
Slide 33: Thank you for your kind attention.
Thank you for your kind attention. November 17, 2022
Slide 34: Supplementary Materials
Supplementary Materials
Slide 35: Corporate Profile
会社概要 Corporate Name ShinMaywa Industries, Ltd. Head Office 1-1 Shinmeiwa-cho, Takarazuka, Hyogo 665-8550, Japan Founded November 5, 1949 Paid-up Capital 15,981,967,991 yen President Tatsuyuki Isogawa, President & CEO Consolidated 5,934 / Non-consolidated 3,017 Number of Employees (as of end of Septe
Slide 36: Distribution Ratios of Net Sales by Segment (FY2021)
Distribution Ratios of Net Sales by Segment (FY2021) Aircraft Others Special Purpose Truck 7% 9% Fluid 9% Total sales 45% 216,823 million yen Industrial Machinery & Parking Systems Environmental Systems 12% 18% © 2022 ShinMaywa Industries, Ltd. 35
Slide 37: Business Performance
Business Performance (Billion yen) FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Orders received 165.2 214.8 203.9 210.0 209.7 230.5 237.9 221.8 199.3 263.1 Net sales 150.9 174.0 193.1 203.9 201.2 207.3 217.2 227.2 209.2 216.8 Operating profit 5.8 10.8 13.6 15.2 13.0 10.5 10.
Slide 38: Business Performance by Segment (1)
Business Performance by Segment (1) (Million yen) Segment Account FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Orders received 72,299 93,965 91,006 79,649 89,722 91,303 107,463 101,012 94,246 118,662 Special Net sales 65,826 77,328 84,775 87,462 89,304 90,317 92,333 94,627 9
Slide 39: Business Performance by Segment (2)
Business Performance by Segment (2) (Million yen) Segment 項目 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Orders received 22,130 Net sales 20,787 Fluid Operating profit 3,151 Operating profit ratio (%) 15.2 Orders received 29,740 52,556 44,068 55,502 43,741 40,803 35,772 30,
Slide 40: Dividend per Share and Consolidated Dividend Payout Ratio
Dividend per Share and Consolidated Dividend Payout Ratio 76.9 Target consolidated payout ratio: 58.9 45 40 to 50% Commemorative 49.4 dividend 45.5 40.0 31.0 16.1 45 42 42 42 15.2 13.6 15.0 38 8.8 23 10 12 14 14 14 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 (forecas
Slide 41: Capital Investments / Depreciation / Research and Development Costs
Capital Investments / Depreciation / Research and Development Costs Research and development Capital investments (Billion yen) Depreciation (Billion yen) costs (Billion yen) * Lower: 2Q Results * Lower: 2Q Results * Lower: 2Q Results ( ) : Previous forecast ( ) : Previous forecast ( ) : Previous for
Slide 42: Overseas Sales, by Segment
Overseas Sales, by Segment (Billion yen) Industrial Special Purpose Machinery & Parking Systems Fluid Aircraft Others Total Truck Environment al Systems FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 Change Change Change Change Change Change Change
Slide 43: Disclaimer
Disclaimer This document may contain statements about the future or other information aside from historical facts regarding ShinMaywa Industries, Ltd. (hereinafter referred to as the “Company”) or its group companies (hereinafter referred to as the “Group”), such as outlooks, policies, management st
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