Sumitomo Heavy Industries, Ltd. · TSE:6302

Sumitomo Heavy Industries — Q1 2024 Earnings Presentation

14 slides from Sumitomo Heavy Industries's earnings presentation, Apr 26, 2024

  1. Slide 1: Financial Summary for Q1 FY2024

    Financial Summary for Q1 FY2024 2024/4/26 Copyright © Sumitomo Heavy Industries, Ltd. All Rights Reserved. 1

  2. Slide 2: Financial Summary for FY2024-1Q

    2024/4/26 Financial Summary for FY2024-1Q Orders：JPY 221.1 billion / 260.0 billion （38.9）billion Actual FY2024-1Q /Same period of Net sales：JPY 254.8 billion / 248.2 billion 6.6 billion previous fiscal year (change) Operating profit：JPY 18.4 billion / 16.2 billion 2.3 billion - Market environment :

  3. Slide 3: Financial Summary for FY2024-1Q

    2024/4/26 Financial Summary for FY2024-1Q FY2023-1Q FY2024-1Q Year-on- FY2023 Forecast Actual Actual year Actual FY2024 (2023.1-2023.3) (2024.1-2024.3) change (2023.1-2023.12) (2024.1-2024.12) (As of February 2024) Unit: JPY billion Orders 260.0 221.1 (38.9) 1,008.7 1,120.0 Net sales 248.2 254.8 6.6

  4. Slide 4: Performance by Segment for FY2024-1Q

    2024/4/26 Performance by Segment for FY2024-1Q Orders Net sales Operating profit 1Q FY2023 1Q FY2024 1Q FY2023 1Q FY2024 1Q FY2023 1Q FY2024 Actual Actual Change Change Change Actual Actual Actual Actual /Operating profit ratio /Operating profit Unit: JPY billion (%) ratio (%) Mechatronics 51.8 47.2

  5. Slide 5: Analysis of Changes in Operating Profit for 2024-1Q

    2024/4/26 Analysis of Changes in Operating Profit for 2024-1Q Unit: JPY billion Effect of sales Effect of exchange Selling & administrative Others increases/decreases rates expenses <Selling & administrative expenses> <Effect of changes in sales by segment> Unit: JPY billion - Costs related to perso

  6. Slide 6: Consolidated Balance Sheet

    2024/4/26 Consolidated Balance Sheet Unit: JPY billion December 2023 March 2024 Change Unit: JPY billion December 2023 March 2024 Change Current Assets 748.3 789.8 41.6 Liabilities 573.4 604.9 31.5 Cash and deposits Notes and accounts payable 104.5 118.4 13.9 - trade 180.8 174.7 (6.2) Notes and acco

  7. Slide 7: Mechatronics

    2024/4/26 Mechatronics 1Q FY2024: Orders, sales, and operating profit all decreased due to a continuing slowdown in the Chinese market for small-to-medium sized gear reducers and lower demand for motors and inverters attributable to inventory adjustments by customers in Europe. Actual Actual Year-on

  8. Slide 8: Industrial Machinery

    2024/4/26 Industrial Machinery <Plastics machinery> 1Q FY2024 : Orders, sales and operating profit all decreased due to a slowdown in demand centering on electric and electronics-related products in China and continuing sluggish investment in Europe. <Others> 1Q FY2024：Orders decreased due in part t

  9. Slide 9: Logistics & Construction

    2024/4/26 Logistics & Construction <Hydraulic excavators> 1Q FY2024 : Orders decreased due to a decline in response to a significant number of advance orders in Japan during the previous fiscal year and inventory adjustments in the US. Sales were largely unchanged from the previous year, while opera

  10. Slide 10: Energy & Lifeline

    2024/4/26 Energy & Lifeline 1Q FY2024: For energy plants, orders decreased due to a reduction in service projects in Europe. However, variations in the progress of construction work led to an increase in sales, and operating profit remained unchanged from the previous fiscal year. For other business

  11. Slide 11: Reference information on each segment [1]

    2024/4/26 Ref. Reference information on each segment [1] ＜Mechatronics＞ -Gear reducer business : Sales contribution ratio by model (approximate numbers) For use in Gear motor Gear box precision Electric Service Total (middle size) (large size) equipment control (MCD) FY2024 1Q 40% 25% 5% 10% 20% 100

  12. Slide 12: Reference information on each segment [2]

    2024/4/26 Ref. Reference information on each segment [2] <Logistics & Construction> - Hydraulic excavators: demand by region/changes in sales (approximate numbers) *Only foreign capital North Asia Unit: 10,000 units (upper row) Europe (Excluding China* Japan Others Total America JPY billion (lower r

  13. Slide 13: Sales by Regional Segment

    2024/4/26 Ref. Sales by Regional Segment Actual 1Q FY2024（2024.1-2024.3） <Exchange rate: JPY150 per US Asia Overseas dollar> Unit: JPY billion North America Europe China Others Japan Total sales (Excluding China) total Mechatronics 9.7 11.3 5.1 3.1 4.4 33.7 15.7 49.4 (Plastics machinery) 2.0 4.5 2.2

  14. Slide 14: All forward-looking statements regarding the company’s future performance are based on information currently available

    2024/4/26 All forward-looking statements regarding the company’s future performance are based on information currently available to Sumitomo Heavy Industries and determined subjectively. Future performance is not guaranteed and all information related to future performance contained herein is subjec

Sumitomo Heavy Industries — Q1 2024 Earnings Presentation on 6ix