Japan Elevator Service Holdings Co., Ltd. · TSE:6544

Japan Elevator Service — Q3 FY2022/3 Earnings Presentation

22 slides from Japan Elevator Service's earnings presentation, Feb 7, 2022

  1. Slide 1: FY2022/3 Third Quarter Results

    FY2022/3 Third Quarter Results Japan Elevator Service Holdings (TSE 1st Section: 6544) February 7, 2022 Copyright © japan elevator service holdings all rights reserved

  2. Slide 2: Contents

    Contents 2 １ FY2022/3 Third Quarter Results ２ FY2022/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  3. Slide 3: FY2022/3 Third Quarter Results

    3 FY2022/3 Third Quarter Results Copyright © japan elevator service holdings all rights reserved

  4. Slide 4: FY2022/3 Third Quarter Results (Performance)

    FY2022/3 Third Quarter Results (Performance) 4 (Million yen) FY2021/3 3Q FY2022/3 3Q YoY (%) Ratio to Ratio to Actual Actual sales (%) sales (%) Net sales 17,230 100.0 21,670 100.0 125.8 Cost of sales 10,478 60.8 13,271 61.2 126.7 Gross profit 6,752 39.2 8,398 38.8 124.4 SG&A 4,174 24.2 5,453 25.2 1

  5. Slide 5: FY2022/3 Third Quarter Results (Sales by Business)

    FY2022/3 Third Quarter Results (Sales by Business) 5 (Million yen) FY2021/3 3Ｑ FY2022/3 3Ｑ YoY (%) Actual Ratio (%) Actual Ratio (%) Maintenance and Preservation 12,657 73.5 15,536 71.7 122.8 Services Modernization Services 4,021 23.3 5,674 26.2 141.1 Other 552 3.2 459 2.1 83.1 Total 17,230 100.0 21

  6. Slide 6: FY2022/3 Consolidated Financial Forecasts

    6 FY2022/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  7. Slide 7: FY2022/3 Consolidated Financial Forecasts

    FY2022/3 Consolidated Financial Forecasts 7 1H 2H Full year Unit: million FY2022/3 FY2022/3 FY2022/3 FY2022/3 FY2022/3 yen; % FY FY2022/3 Result FY Forecast FY Forecast Forecast Forecast 2021/3 Forecast 2021/3 2021/3 (initial) (initial) YoY YoY YoY Net sales 10,967 12,400 13,906 126.8 13,553 14,600

  8. Slide 8: FY2022/3 Consolidated Financial Forecasts (Sales by Business)

    FY2022/3 Consolidated Financial Forecasts (Sales by Business) 8 1H 2H Full year FY2022/3 FY2022/3 FY FY2022/3 FY2022/3 FY FY2022/3 FY FY2022/3 Unit: million yen; % 2021/3 Forecast Result 2021/3 Forecast Forecast 2021/3 Forecast Forecast (initial) (initial) Amount Amount Amount YoY Amount Amount Amou

  9. Slide 9: FY2022/3 Consolidated Financial Forecasts (Depreciation, Capex)

    FY2022/3 Consolidated Financial Forecasts (Depreciation, Capax) 9 (100 million yen) FY2021/3 FY2022/3（Forecast） Comments Depreciation 8.1 9.1 Investment in Capex 30.0 22.1 remote inspection service PRIME Trends in depreciation and capex (100 million yen) 30.0 30 25.8 23.8 22.1 Depreciation Capex 20

  10. Slide 10: Dividends

    Dividends 10 FY2020/3 FY2021/3 FY2022/3 YoY Actual Actual Plan Annual dividend amount ¥18 ¥12 ¥13 +¥1 Up Year-end dividend ¥18 ¥12 ¥13 +¥1 Commemorative - - - - dividend Total dividend amount ¥729million ¥1,062million ¥1,153million +¥91million YoY 109% Payout ratio (consolidated) 42.8% 43.6％ 44.4％ +

  11. Slide 11: Financial Supplement

    11 Financial Supplement Copyright © japan elevator service holdings all rights reserved

  12. Slide 12: Reference: Our Growth

    Reference: Our Growth 12 Net sales ¥24.5bn Elevators under maintenance contracts Approx. 67,500 Net sales ¥21.3bn Elevators under maintenance contracts Approx. 54,800 Net sales ¥17.9bn Elevators under maintenance contracts Approx. 48,800 Net sales ¥13.5bn Elevators under maintenance contracts Approx

  13. Slide 13: Reference: Coverage 122 offices

    Reference: Coverage 13 JES HD ：3 offices JES Hokkaido ：9 offices As February 1, 2022 JES Jyonan ：16 offices 122 offices JES Jyosai ：22 offices (+7) JES Kanagawa ：19 offices (+3) JES Tokai ：9 offices (+2) JES Kansai ：9 offices (+2) JES Kyusyu ：1 office Japan Elevator Parts ：8 offices Japan Parking Se

  14. Slide 14: Reference: First Half Financial Highlights

    Reference: First Half Financial Highlights 14 Elevators under maintenance Net increase in maintenance contracts contracts in Japan Non-consolidated M&A Approx. 74,500 (As of September 30, 2021) 8,000 （unit） 7,000 6,800 Net increase in maintenance 7,000 contracts in Japan 5,900 6,000 2,400 Approx. 7,

  15. Slide 15: Reference: Share Growth in Japan

    Reference: 15 First Half Financial Highlights: Share Growth in Japan  Used M&A to tap into new markets in both East and West Japan, where we were previously inactive (Tohoku, Chugoku, Shikoku regions)  Carried out upfront investment to open offices and build sales networks, in order to take share

  16. Slide 16: Reference: Expansion into New Regions (Tohoku)

    Reference: 16 First Half Financial Highlights: Expansion into New Regions Tohoku Region Number of elevators in scope for maintenance services in Tohoku region Cosmo Japan, Inc. From Japan Elevator Association research (Survey of number of elevators in field in FY20) Aomori Service Office Hachinohe S

  17. Slide 17: Reference: Expansion into New Regions (Chugoku/Shikoku)

    Reference: 17 First Half Financial Highlights: Expansion into New Regions Chugoku/Shikoku Region Number of elevators in scope for maintenance services in Okayama Branch Kurashiki Chugoku Service Office Chugoku/Shikoku region Branch Office From Japan Elevator Association research Niihama (Survey of n

  18. Slide 18: Reference: Post-Merger Integration (PMI)

    Reference: 18 First Half Financial Highlights: Post-Merger Integration (PMI) State of PMI for acquired companies We are steadily progressing with PMI Specific measures include the following: Sales growth  Support for building sales operations, provision of materials and supplies, brand-building/est

  19. Slide 19: Reference: Future Business Development

    Reference: Future Business Development (Aiming to Build Up Global Standard Business) 19 Domestic Overseas (mainly Southeast Asia) Bu sine ss Now Onwards Now and Onwards Steady increase in Aiming to reach a Maintenance number of Conduct research for local needs and market business scale on par mainte

  20. Slide 20: Reference: Financial Highlights (1)

    Reference: Financial Highlights (1) 20 Net sales Operating profit (Million yen) (Million yen) 24,521 3,612 21,339 17,900 2,717 15,326 13,544 2,034 1,351 611 FY17/3 FY18/3 FY19/3 FY20/3 FY21/3 FY17/3 FY18/3 FY19/3 FY20/3 FY21/3 Ordinary profit Profit attributable to owners of parent (Million yen) (Mi

  21. Slide 21: Reference: Financial Highlights (2)

    Reference: Financial Highlights (2) 21 Net assets / total assets (Million yen) Net assets Total assets 20,473 14,297 10,624 11,484 10,505 7,848 5,177 3,937 2,072 2,870 FY17/3 FY18/3 FY19/3 FY20/3 FY21/3 Net assets per share Net income per share (Yen) 115.97 (Yen) 27.51 21.03 63.34 15.75 48.42 10.59

  22. Slide 22: Disclaimer and Caution Concerning Forward-looking statements

    Disclaimer and Caution Concerning Forward-looking statements 22 Disclaimer  Japan Elevator Service Holdings (the “Company”) has prepared these materials for your reference, so that you may understand the current status of the Company  While these materials have been prepared based on generally-kno

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