Copro-Holdings Co., Ltd. · TSE:7059
Copro-Holdings — 1H FYE2023 Earnings Presentation
20 slides from Copro-Holdings's earnings presentation, Nov 14, 2022
Slide 1: Financial Results for 1st Half
Fiscal Year Ending March 31, 2023 Financial Results for 1st Half November 14, 2022 Tokyo Stock Exchange-Prime, Nagoya Stock Exchange Premier (Ticker Symbol: 7059)
Slide 2: Table of Contents
Table of Contents 1. Summary of the Consolidated Financial Results 2. Revision of Full-year Financial Forecast for FYE2023 3. Major Initiatives in Construction Technician Dispatching 4. Appendix ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 1
Slide 3: Summary of the Consolidated Financial Results
1. Summary of the Consolidated Financial Results 2. Revision of Full-year Financial Forecast for FYE2023 3. Major Initiatives in Construction Technician Dispatching 4. Appendix ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 2
Slide 4: Consolidated Financial Highlights for 1st Half of FYE2023
Consolidated Financial Highlights for 1st Half of FYE2023 • Both sales and profit exceeded the forecasts. • Compared to the forecasts, in the construction technician dispatch business, the core business, the number of technicians in operation exceeded the forecast mainly due to the reduction in the
Slide 5: Quarterly Consolidated Financial Results
Quarterly Consolidated Financial Results • Sales in the second quarter reached a record high as the number of engineers and technicians increased. （million of yen） （people） 4,500 4,421 3,000 4,249 4,148 4,038 2,574 4,000 3,846 3,796 3,768 2,394 2,500 3,664 3,606 3,555 2,203 2,201 3,500 2,054 2,086 2
Slide 6: Revision of Full-year Financial Forecast for FYE2023
1. Summary of the Consolidated Financial Results 2. Revision of Full-year Financial Forecast for FYE2023 3. Major Initiatives in Construction Technician Dispatching 4. Appendix ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 5
Slide 7: Revision of Full-year Financial Forecast for FYE2023
Revision of Full-year Financial Forecast for FYE2023 • For the full fiscal year earnings forecast, while strong demand is expected from the 3Q onwards, in light of the impact on securing human resources from the tightening of labor market conditions, and the economic impact from about the resurgence
Slide 8: Major Initiatives in Construction Technician Dispatching
1. Summary of the Consolidated Financial Results 2. Revision of Full-year Financial Forecast for FYE2023 3. Major Initiatives in Construction Technician Dispatching 4. Appendix ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 7
Slide 9: (1): Expanding Recruitment
Major Initiatives in Construction Technician Dispatching (1): Expanding Recruitment Hired Total of Mid-career Technicians Main Initiatives for FYE2023 and Progress Evaluation ⚫ Raising the basic activity level through benchmark management and standardization of the hiring process. △ ⚫ Appointing sta
Slide 10: (2): Improving the Retention Rate
Major Initiatives in Construction Technician Dispatching (2): Improving the Retention Rate Retention Rate (fiscal year accumulative total) Main Initiatives for FYE2023 and Progress Evaluation ◎ 100% ⚫ Promoting assignments to target companies 1H Target Company with plenty of construction projects As
Slide 11: (3): Forming a Business Alliance with SpiderPlus & Co.
Major Initiatives in Construction Technician Dispatching (3): Forming a Business Alliance with SpiderPlus & Co. Business Alliance Formation on 14 th November, 2022 Developer and Provider of the Dispatcher of Technicians to Digital Transformation Service the Construction Industry “SPIDERPLUS” ©2022 C
Slide 12: (3): Business Alliance with SpiderPlus: Human Resources and Construction DX
Major Initiatives in Construction Technician Dispatching (3): Forming a Business Alliance with SpiderPlus & Co. Human Construction Resources Digital Transformation Next-generation Human Resources Servicing Improve Construction Site Productivity Increase Market Value of Technicians through Digital Tr
Slide 13: Overview of the Business Alliance and Company Profile
Major Initiatives in Construction Technician Dispatching (3): Formeing a Business Alliance with SpiderPlus & Co. Overview of the Business Alliance (1) Conduct training for technicians on "SPIDERPLUS“ • Incorporate training on "SPIDERPLUS" into the curriculum at the time of hiring and other, to devel
Slide 14: Appendix
1. Summary of the Consolidated Financial Results 2. Revision of Full-year Financial Forecast for FYE2023 3. Major Initiatives in Construction Technician Dispatching 4. Appendix ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 13
Slide 15: Construction Technician Dispatching: Number of Technicians and Utilization Rate
Construction Technician Dispatching: Number of Technicians and Utilization Rate • The number of technicians at the end of the 2Q was 2,344 (up 366 people YoY). In addition to a net increase due to a rise in the number of hires and a decrease in the number of those resigning, the worker dispatching b
Slide 16: Construction Technician Dispatching: Recruitment, Turnover and Retention Rate
Construction Technician Dispatching: Recruitment, Turnover and Retention Rate • The number of hires in the first half was 608 people (up 170 people and up 38.8% YoY). In addition to the significant increase in the number of applications due to the aggressive investment in hiring costs, we are streng
Slide 17: Mechanical Design and Development Engineer Dispatching: Engineers and Utilization Rate
Mechanical Design and Development Engineer Dispatching and Contracting: Number of Engineers and Utilization Rate • The number of hires has increased in line with the development of the in-house system that has been expanded since the previous fiscal year. As a result, the number of engineers has ste
Slide 18: Mechanical Design Engineer Dispatching: Recruitment, Turnover and Retention Rate
Mechanical Design and Development Engineer Dispatching and Contracting: Recruitment, Turnover and Retention Rate • In addition to inexperienced workers, the hiring of experienced workers, mainly expert engineers from manufacturers, continues to grow steadily. • The retention rate remained stable at
Slide 19: SES: Number of Engineers Working and New IT Freelance Registrants
SES: Number of Engineers Working and Number of New IT Freelance Registrants • The number of applications has increased. The number of people working has increased steadily as the sales process was gradually strengthened. Number of Engineers Working Number of IT Freelance Registrants Cumulative Numbe
Slide 20: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements ◼ This document has been prepared by COPRO-HOLDINGS. Co., Ltd. (the “Company”) to assist investors in understanding the current status of Company. ◼ The information contained in this document is based on economic, social, and other conditions generally recog