Aida Engineering,ltd. · TSE:6118
Aida Engineering,ltd — FY2017 Earnings Presentation
17 slides from Aida Engineering,ltd's earnings presentation, May 2017
Slide 1: FY 2017 Financial Results
FY 2017 Financial Results (from Apr. 2016 to Mar. 2017) 1
Slide 2: Highlights of FY2017 Financial Results & Forecast of FY2018
Highlights of FY2017 (Fiscal Year ended Mar.2017) Financial Results & Forecast of Full-Year FY2018 2
Slide 3: Highlights of Consolidated Results Summary of P&L
Highlights of Consolidated Results Summary of P&L Fluctuation FY2017 VS Forecast (JPY mil.) FY2016 FY2017 Amount % forecast Amount % Net Sales 75,529 67,547 △ 7,982 △10.6% 70,000 △ 2,452 △3.5% Cost of Sales 57,544 51,761 △ 5,783 △10.0% 53,900 △ 2,138 △4.0% Gross Profit 17,985 15,785 △ 2,199 △12.2% 1
Slide 4: Trend of Sales, Gross Profit and Operating Income
Trend of Sales, Gross Profit and Operating Income FY2016 FY2017 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Net Sales 17,857 19,611 19,393 18,668 15,338 16,430 15,882 19,897 Gross Profit 4,421 4,572 4,767 4,225 3,553 4,256 3,414 4,562 Operating Income 2,097 2,136 2,221 1,583 1,266 2,059 1,205 2,087 Gross Profit ratio 2
Slide 5: Sales to Third Party (by Business/Customer/Geographic segment)
Sales to Third Party (by Business/Customer/Geographic segment) Sales by Business segment Sales by Geographic segment Fluctuation Fluctuation (JPY mil.) FY2016 FY2017 (JPY mil.) FY2016 FY2017 Amount % Amount % Press Machines 61,234 81.1% 52,711 78.0% △ 8,522 △ 13.9% Japan 26,216 34.7% 24,249 35.9% △
Slide 6: Fluctuation Analysis with regards to Operating Income
Fluctuation Analysis with regards to Operating Income JPY 100M Negative Positive Factors: Factors: JPY 10.2 JPY 24.4 Decrease in expenses Foreign exchange gain (Gross profit) Decrease in loss order provision Decrease of net sales Increase in Manufacturing cost Decrease in warranty provision 1.1 Net
Slide 7: Sales / Operating Income (by Geographic segment)
Sales / Operating Income (by Geographic segment) Japan Asia Fluctuation Fluctuation (JPY mil.) FY2016 FY2017 (JPY mil.) FY2016 FY2017 Amount % Amount % Net Sales 44,041 41,176 △ 2,865 △ 6.5% Net Sales 20,989 15,259 △ 5,729 △ 27.3% Operating Operating 4,967 11.3% 3,521 8.6% △ 1,446 △ 29.1% 2,321 11.1
Slide 8: Orders Intake & Backlog (by Business/Customer/Geographic segment)
Orders Intake & Backlog (by Business/Customer/Geographic segment) Orders Intake by Business Segment Orders Intake by Customer Industry (Press Machines) JPY mil. Press Machine Services Others JPY mil. Automotive related Electric related Others 24,148 20,814 20,600 2,498 3,206 19,217 16,805 19,289 2,0
Slide 9: Trend of Orders Intake & Backlog
Trend of Orders Intake & Backlog FY2016 FY2017 vs. FY2016 (JPY mil.) 1st Half Full-ye ar 1st Half Full-ye ar Fluctuation Amount Prop ortion Amount Proportion Amount Prop ortion Amount Prop ortion Amount % Order Intake: total 43,437 100.0% 75,474 100.0% 25,919 100.0% 62,655 100.0% △ 12,818 △ 17.0% By
Slide 10: Major Changes on Balance Sheet
Major Changes on Balance Sheet Assets Liabilities and Net Assets (JPY mil.) (JPY mil.) Current liabilities VS end of Mar. 2016 VS end of Mar. 2016 Fixed assets Current assets Long-term liabilities 7 1 ,300百万円 ,300百万円 Total assets ＋ 1,073 Net assets Total current liabilities △ 1,002 6 7 ,342 6 7 ,342
Slide 11: Highlights: Forecasts of FY2017 Consolidated Results
Highlights: Forecasts of FY2017 Consolidated Results FY2018 Fluctuation FY2018 1H (JPY mil.) FY2017 Causes of Change of Forecast Amount % Forecast Operating Income Net Sales 67,547 72,000 4,453 6.6% 36,000 Cost of Sales 51,761 55,400 3,639 7.0% 27,700 (In million JPY) Gross Profit 15,785 16,600 815
Slide 12: Forecasts of Orders Intake/Sales/Operating Income (by segment)
Forecasts of Orders Intake/Sales/Operating Income (by segment) By Business Orders Net Sales Fluctuation: Fluctuation: (JPY mil.) FY2018 FY2018 FY2018 FY2018 FY2017 FY2017 forecast vs FY2017 forecast vs FY2017 Amount % Amount % Press Machines 48,776 58,200 9,424 19.3% 52,711 56,200 3,489 6.6% Service
Slide 13: Trend of Capex, Depreciation, R&D & CF
Trend of Capex, Depreciation, R&D & CF Capital Expenditures Depreciation & Amortization (JPY mil.) FY2016/3 FY2017/3 FY2018/3 E (JPY mil.) FY2016/3 FY2017/3 FY2018/3 E Amount 4,654 2,093 4,800 Amount 1,995 1,961 1,900 domestic overseas domestic overseas 2,800 2,070 USA: fact ory expansion, China: fa
Slide 14: Return to Shareholders
Return to Shareholders •Dividend Policy： ：AIDA focuses on continuation of stable dividend, maintaining "dividend on equity" at adequate level. Dividend amount is basically linked with consolidated financial results , targeting 30% of dividend payout ratio. A dividend of ¥40 per share for FY2017 is e
Slide 15: (for Reference) Statistics of Forming Machinery Industry- 1)
(for Reference) Statistics of Forming Machinery Industry- 1) Monthly Average Place of origin: JFMA 15
Slide 16: (for Reference) Statistics of Forming Machinery Industry- 2)
(for Reference) Statistics of Forming Machinery Industry- 2) Trend of Order Intake Trend of Order Intake (Overseas) by Geographic Segment Place of origin: JFMA 16
Slide 17: Remarks
Remarks Cautions about forecast statements contained in this package ・The information in this package contains future forecasts. ・Future forecasts contained in this document are based on the judgment of company management based on currently available information. Although the future forecasts are ba