Copro-Holdings Co., Ltd. · TSE:7059
Copro-Holdings — FY2022 Earnings Presentation
18 slides from Copro-Holdings's earnings presentation, May 13, 2022
Slide 1: Financial Results for FYE2022
Fiscal Year Ended March 31, 2022 (16th Fiscal Period) Financial Results for FYE2022 May 13, 2022 COPRO-HOLDINGS Co., Ltd. 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. Sales and KPI Analysis 3. Major Initiatives and Consolidated Earnings Forecast for FYE2022 ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 1
Slide 3: 1. Summary of the Consolidated Financial Results
1. Summary of the Consolidated Financial Results 2. Sales and KPI Analysis 3. Major Initiatives and Consolidated Earnings Forecast for FYE2022 ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 2
Slide 4: Main Topics From the 3Q Financial Results
Main Topics From the 3Q Financial Results Taking over the worker dispatching business of Hucoss Co., Ltd. through an absorption-type company split (announced February 16th) • On April 1st, 2022, we took over the worker dispatching business of Hucoss Co., Ltd., a consolidated subsidiary of Takasago T
Slide 5: Highlights of the Consolidated Financial Results
Highlights of the Consolidated Financial Results • Due to the sluggish growth of technical employees from the downturn in hiring, sales were about the same as the previous fiscal year for the COPRO-ENGINEERD dispatch of construction and plant technicians, which is our core business. Sales increased
Slide 6: 4Q Consolidated Earnings
4Q Consolidated Earnings • Sales and operating profit reached record highs on a quarterly basis during the current fourth quarter. FYE2020 FYE2021 FYE2022 4,500 3,000 ✓ Number of consolidated technical employees: down 2 people compared to the end of the previous quarter ✓ 4Q sales: +2.7% compared to
Slide 7: Non-GAAP Operating Profit
Non-GAAP Operating Profit • For the dispatching of construction and plant technicians at COPRO-ENGINEERD, due to charge-up negotiations, profit increased by ¥415 million from the improvement in the cost of sales ratio. • ATMOS, which was newly consolidated from the current fiscal year, increased pro
Slide 8: 2. Sales and KPI Analysis
1. Summary of the Consolidated Financial Results 2. Sales and KPI Analysis 3. Major Initiatives and Consolidated Earnings Forecast for FYE2022 ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 7
Slide 9: Number of Technical Employees and Utilization Rate
Construction and Plant Technician Dispatching: Number of Technical Employees and Utilization Rate • The number of technical employees at the end of this 4Q was 1,995 (down 25 from the end of the previous 4Q). • The utilization rate at the end of this 4Q was 96.7% (up 0.9pt from the end of the previo
Slide 10: Hiring and Resigning and Retention Rate
Construction and Plant Technician Dispatching: Hiring and Resigning and Retention Rate • In 1Q, the resignation of technical employees due to the expiration of contracts increased, mainly at major general contractors affected by the novel coronavirus, and the annual retention rate improved only slig
Slide 11: Number of Technical Employees and Utilization Rate
Mechanical Design and Development Engineer Dispatching and Contracting: Number of Technical Employees and Utilization Rate • The number of technical employees at the end of this 4Q was 116. • The utilization rate at the end of this 4Q was 98.3%. (People) 120 99.1% 100% 98.2% 98.1% 98.3% 97.2% 96.5%
Slide 12: Hiring and Resigning and Retention Rate
Mechanical Design and Development Engineer Dispatching and Contracting: Hiring and Resigning and Retention Rate • As a result of full-scale recruitment activities from 3Q, the recruitment of experienced personnel, mainly expert human resources from manufacturers, has progressed steadily, and the num
Slide 13: 3. Major Initiatives and Consolidated Earnings Forecast
1. Summary of the Consolidated Financial Results 2. Sales and KPI Analysis 3. Major Initiatives and Consolidated Earnings Forecast for FYE2022 ©2022 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 12
Slide 14: Major Initiatives in the Core Business (1)
Major Initiatives in the Core Business (1) • Demand for human resources is booming as the number of projects in the current month has exceeded 2,000. Through digital transformation, we are working to strengthen sales abilities to improve productivity and to increase the number of contracts. • We are
Slide 15: Forecast for FYE2023
Forecast for FYE2023 ▪ COPRO-ENGINEERD Co., Ltd. (Construction and plant technician dispatching business) Aiming to continuously acquire the number of projects by raising the basic competitiveness of sales activities through KPI management, and by building relationships with major client companies b
Slide 16: FYE2023 Consolidated Earnings Forecast
FYE2023 Consolidated Earnings Forecast • Sales are expected to increase by 14.5% from the previous fiscal year with the rise in the number of people assigned, mainly in the core business of construction and plant technician dispatching. • In order to overcome the current situation where hiring is a
Slide 17: Shareholder Returns
Shareholder Returns [Basic Policy] Dividends are the basis for shareholder returns, which we consider to be one of the important management issues, and our basic policy is to pay stable dividends. Dividends will not be reduced during the period covered by the medium-term management plan "COPRO Group
Slide 18: Disclaimers and Precautions for Forward-Looking Statements
Disclaimers and Precautions for Forward-Looking Statements ◼ This document was prepared by COPRO-HOLDINGS Co., Ltd. (hereinafter referred to as the “Company”) for the purpose of understanding the current situation and to help as an investment reference. ◼ The content of this document has been prepar