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

Japan Elevator Service — Q1 FY2023/3 Earnings Presentation

20 slides from Japan Elevator Service's earnings presentation, Aug 9, 2022

  1. Slide 1: FY2023/3 First Quarter Results

    FY2023/3 First Quarter Results Japan Elevator Service Holdings (TSE Prime Market : 6544) August 9, 2022 Copyright © japan elevator service holdings all rights reserved

  2. Slide 2: Contents

    Contents 2 １ FY2023/3 First Quarter Results ２ FY2023/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  3. Slide 3: FY2023/3 First Quarter Results

    3 FY2023/3 First Quarter Results Copyright © japan elevator service holdings all rights reserved

  4. Slide 4: FY2023/3 First Quarter Results (Performance)

    FY2023/3 First Quarter Results (Performance) 4 (million yen) FY2022/3 1Ｑ FY2023/3 1Q YoY (%) Ratio to Ratio to Actual Actual sales (%) sales (%) Net sales 6,732 100.0 7,818 100.0 116.1 Cost of sales 4,122 61.2 4,841 61.9 117.4 Gross profit 2,610 38.8 2,977 38.1 114.1 SG&A 1,744 25.9 2,013 25.8 115.4

  5. Slide 5: FY2023/3 First Quarter Results (Sales by Business)

    FY2023/3 First Quarter Results (Sales by Business) 5 (million yen) FY2022/3 1Ｑ FY2023/3 1Ｑ YoY (%) Amount Ratio (%) Actual Ratio (%) Maintenance and Preservation Services 4,970 73.8 5,470 70.0 110.1 Modernization Services 1,606 23.9 2,192 28.0 136.4 Other 154 2.3 155 2.0 100.6 Total 6,732 100.0 7,81

  6. Slide 6: FY2023/3 Consolidated Financial Forecasts

    6 FY2023/3 Consolidated Financial Forecasts Copyright © japan elevator service holdings all rights reserved

  7. Slide 7: FY2023/3 Financial Forecasts

    FY2023/3 Financial Forecasts 7 1H 2H Full year FY FY2023/3 FY FY2023/3 FY FY2023/3 Unit: million yen; % 2022/3 Forecast 2022/3 Forecast 2022/3 Forecast Amount Amount YoY Amount Amount YoY Amount Amount YoY Net sales 13,906 15,500 111.5 15,844 16,500 104.1 29,751 32,000 107.6 Operating profit 1,828 2

  8. Slide 8: FY2023/3 Consolidated Financial Forecasts (Sales by Business)

    FY2023/3 Consolidated Financial Forecasts (Sales by Business) 8 1H 2H Full year FY FY2023/3 FY FY2023/3 FY FY2023/3 Unit: million yen; % 2022/3 Forecast 2022/3 Forecast 2022/3 Forecast Amount Amount YoY Amount Amount YoY Amount Amount YoY Maintenance and 10,112 11,100 109.8 11,024 11,500 104.3 21,13

  9. Slide 9: FY2023/3 Financial Forecasts (Depreciation, Capex)

    FY2023/3 Financial Forecasts (Depreciation, Capex) 9 (100 million yen) FY2022/3 FY2023/3（Forecast） Comments Depreciation 9.2 12.2 Investment in Capex 28.4 33.8 remote inspection service PRIME Trends in depreciation and capex (100 million yen) 40 33.8 30.0 30 28.4 25.8 23.8 Depreciation Capex 20 12.2

  10. Slide 10: Financial Supplement

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

  11. Slide 11: Medium-Term Plan: VISION2027

    Medium-Term Plan: VISION2027 11  Basic Strategy  Key Indicators • Aim to accelerate growth and double the number of elevators Raise corporate value through growth, under contract to more than 150,000 over five years prosper together with all stakeholders • As befits our TSE Prime market designatio

  12. Slide 12: VISION2027: Growth Targets (Share Growth in Japan)

    VISION2027: Growth Targets (Share Growth in Japan) 12  Carried out upfront investment, focused especially on recruitment, to acquire share in West Japan and other new regions  Kansai JIC (tentative name) completion slated for March 2024, should drive growth in sales, margins, service capacity.  O

  13. Slide 13: VISION2027: Profitability Targets (Operating Profit Margin) OPM: 20%

    VISION2027: Profitability Targets (Operating Profit Margin) 13 Productivity-driven profitability improvements through increase in elevators under contract, staff training, digitalization 1. Sales growth through increase in elevators under OPM (%) Trends contract OPM (¥100mn) Operating Margin（%） • Wi

  14. Slide 14: VISION2027: Shareholder Return Targets

    VISION2027: Shareholder Return Targets 14 Stable increase in EPS and DPS; dividend payout ratio of 40% or more Adjusted EPS (¥) Dividend Payout Ratio (%) 30.7 45.6 27.5 43.6 42.8 41.3 21.0 15.8 10.6 4.2 33.1 FY17/3 FY18/3 FY19/3 FY20/3 FY21/3 FY22/3 23.6 Adjusted DPS (¥) Keep dividend payout 14.0 ra

  15. Slide 15: Reference: Our Growth

    Reference: Our Growth 15 Net sales ¥29.7bn Elevators under maintenance contracts Approx. 79,000 Net sales ¥24.5bn Elevators under maintenance contracts Approx. 67,500 Net sales ¥21.3bn Elevators under maintenance contracts Approx. 54,800 Net sales ¥13.5bn Elevators under maintenance contracts Approx

  16. Slide 16: Reference: Coverage

    Reference: Coverage 16 JES HD ：3 offices JES Hokkaido ：9 offices JES Jyonan ：17 offices (+1) As April 1, 2022 JES Jyosai ：25 offices (+2) 128 offices JES Kanagawa ：20 offices (+1) JES Tokai ：9 offices JES Kansai ：7 offices (－2) JES Chushikoku ：5 offices (+5) JES Kyusyu ：2 office (+1) Japan Elevator

  17. Slide 17: Reference: Future Business Development

    Reference: Future Business Development 17 (Aiming to Build Up Global Standard Business) 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

  18. Slide 18: Reference: Financial Highlights (1)

    Reference: Financial Highlights (1) 18 Net sales Operating profit (Million yen) (Million yen) 29,751 4,113 3,612 24,521 21,339 2,717 17,900 15,326 2,034 1,351 FY18/3 FY19/3 FY20/3 FY21/3 FY22/3 FY18/3 FY19/3 FY20/3 FY21/3 FY22/3 Ordinary profit Profit attributable to owners of parent (Million yen) (

  19. Slide 19: Reference: Financial Highlights (2)

    Reference: Financial Highlights (2) 19 Net assets / total assets (Million yen) Net assets Total assets 25,338 20,473 14,297 10,624 11,484 10,505 11,756 5,177 2,870 3,937 FY18/3 FY19/3 FY20/3 FY21/3 FY22/3 Net assets per share Net income per share (Yen) 131.42 (Yen) 30.73 115.97 27.51 21.03 15.75 63.

  20. Slide 20: Disclaimer and Caution Concerning Forward-looking Statements

    Disclaimer and Caution Concerning Forward-looking Statements 20 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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