Air Water Inc. · TSE:4088
Air Water — Q1 FY2022 Earnings Presentation
26 slides from Air Water's earnings presentation, Aug 4, 2022
Slide 1: Fiscal Year 2022 First Quarter Financial Results Explanatory Materials
Fiscal year 2022 First Quarter Financial Results Explanatory Materials August 4, 2022
Slide 2: Contents
Contents First Quarter Financial Results for Fiscal Year 2022 Supplementary materials ■Main points of the first quarter financial results・・・・・・・・・・・・・・ 4 ■Disclosure Comparison Chart for FY2022 (Old Segment Disclosure/New Group ■ Consolidated income statement ・・・・・・・・・・・・・・・・・・・・・ 5 /Unit Disclosure
Slide 3: First Quarter Financial Results for Fiscal Year 2022
First Quarter Financial Results for Fiscal Year 2022 © AIR WATER INC | 3
Slide 4: Main points of the first quarter financial results
Fiscal year 2022 First Quarter Main points of the first quarter financial results (Unit: Billion yen) 2022.1Q YoY Despite rigid price revisions following Revenue 224.7 108.9% rises in fuel and material prices, the Operating profit 13.0 80.6% swelling costs in the electric power business had a major
Slide 5: Consolidated income statement
Fiscal year 2022 First Quarter Consolidated income statement Increase/decrease 2021.1Q 2022.1Q (Unit: Billion yen) Amount YoY Revenue 206.4 224.7 +18.3 108.9% Cost of sales ▲158.5 ▲177.1 ▲18.7 Gross profit 47.9 47.6 ▲0.3 99.3% Selling, general and administrative expenses ▲33.7 ▲35.9 ▲2.2 Other opera
Slide 6: Revenue by segment
Fiscal year 2022 First Quarter Revenue by segment Increase/decrease Revenue composition ratio 2021.1Q 2022.1Q by segment (Unit: Billion yen) Amount YoY Digital & Industry 67.3 75.8 +8.5 112.6% 14.0% Energy Solutions 24.7 26.8 +2.1 108.3% 33.7% 16.4% 2022.1Q Health & Safety 51.2 53.7 +2.5 104.9% Agri
Slide 7: Operating profit by segment
Fiscal year 2022 First Quarter Operating profit by segment Increase/decrease Operating profit composition (Unit: Billion yen) 2021.1Q 2022.1Q ratio by segment Amount YoY 6.1% Digital & Industry 7.2 6.2 ▲1.1 85.1% 4.7% Energy Solutions 2.3 1.3 ▲1.0 56.1% 10.6% 47.4% Health & Safety 2.7 2.8 +0.0 100.7
Slide 8: Digital & Industry Revenue and operating profit
Fiscal year 2022 First Quarter Digital & Industry Revenue and operating profit ■Revenue Main increase/decrease factors Revenue +8.5 billion yen 75.8 【＋】 • Rise in sales of equipment and materials for electronics 100 .0 +8.5 67.3 Price revision of industrial gases 90.0 • （112.6%） 80.0 70.0 • Increase
Slide 9: Energy Solutions Revenue and operating profit
Fiscal year 2022 First Quarter Energy Solutions Revenue and operating profit ■Revenue Main increase/decrease factors 50.0 45.0 40.0 Revenue +2.1 billion yen 26.8 【＋】 Rise in LPG and kerosene sales prices due to 35.0 24.7 +2.1 • market conditions 30.0 25.0 （108.3%） 20.0 15.0 Operating profit ▲1.0 bil
Slide 10: Health & Safety Revenue and operating profit
Fiscal year 2022 First Quarter Health & Safety Revenue and operating profit ■Revenue 100 .0 Main increase/decrease factors Revenue +2.5 billion yen 90.0 80.0 【＋】 • New contract for supply processing and distribution (SPD) services 51.2 53.7 70.0 60.0 in medical services 50.0 +2.5 • Increase in proje
Slide 11: Agriculture & Foods Revenue and operating profit
Fiscal year 2022 First Quarter Agriculture & Foods Revenue and operating profit ■Revenue Main increase/decrease factors 36.9 Revenue +2.8 billion yen 34.1 【＋】 • Effect of new consolidation of PLUS Co., Ltd. +2.8 • Sales in ham and deli areas after recovery of （108.1%） demand for commercial use 【－】 •
Slide 12: Other Revenue and operating profit
Fiscal year 2022 First Quarter Other Revenue and operating profit ■Revenue Main increase/decrease factors Revenue +2.5 billion yen 50.0 45.0 +2.5 【＋】 • Rise in freight volume in the logistics business 31.6 40.0 35.0 29.0 （108.7%） • Sales hike of gas equipment in the industrial gas business in North
Slide 13: Consolidated statement of financial position
Fiscal year 2022 First Quarter Consolidated statement of financial position Increase/decrease End of March 2022 End of June 2022 (Unit: Billion yen) Amount YoY Current assets 376.9 388.9 +12.0 103.2% Non-current assets 645.1 651.3 +6.2 101.0% Total assets 1,022.0 1,040.2 +18.1 101.8% Current liabili
Slide 14: Cash flow status
Fiscal year 2022 First Quarter Cash flow status Increase/ 2021.1Q 2022.1Q decrease (Unit: Billion yen) Operating cash flows [(1)] 13.7 10.9 ▲2.9 Investment cash flows [(2)] ▲12.0 ▲11.1 +0.9 Financial cash flows [(3)] ▲6.0 3.0 +9.0 Total cash flows ▲4.3 2.7 +7.0 [(1)+(2)+(3)] Cash and cash equivalent
Slide 15: Fiscal Year 2022 Full-Year Financial Results forecast
Fiscal Year 2022 Full-Year Financial Results forecast © AIR WATER INC | 15
Slide 16: Fiscal Year 2022 Full-Year Financial Results forecast
Fiscal Year 2022 Full-Year Financial Results forecast Fiscal Year 2022 Full-Year Financial Results forecast There is no change from the revised forecast announced on May 12. FY2021 FY2022 Increase/decrease Full year Full year (Unit: Billion yen) Amount YoY Result Forcast Revenue 888.7 1,000.0 +111.3
Slide 17: Full-year financial results forecast by segment
Fiscal Year 2022 Full-Year Financial Results forecast Full-year financial results forecast by segment FY2021 FY2022 Increase/decrease Full year Full year (Result) (Forecast) Amount YoY (Unit: Billion yen) Revenue 288.8 317.0 +28.2 109.8% Digital & Industry Operating profit 27.8 30.2 +2.4 108.6% Reve
Slide 18: Supplementary Material
Supplementary Material © AIR WATER INC | 18
Slide 19: Disclosure Comparison Chart for FY2022
Supplementary Material Disclosure Comparison Chart for FY2022 (Old Segment Disclosure/New Group/Unit Disclosure) New group & unit Digital & Industry Energy Solutions Health & Safety Agriculture & Foods Other North America Functional Industrial Overseas & Resource Consumer Medical Safety Nihonkaisui
Slide 20: Number of consolidated companies
Supplementary Material Number of consolidated companies End of March 2022 End of June 2022 Increase/decrease Increase of 5 companies Consolidated subsidiaries* 127 130 Decrease of 2 companies Equity method affiliates 12 12 － Increase of 5 companies Total 139 142 Decrease of 2 companies * The number
Slide 21: Revenue by product in Digital & Industry and Energy Solutions (in Japan)
Supplementary Material Revenue by product in the Digital & Industry and Energy Solutions (in Japan) FY2021.1Q FY2022.1Q Increase/decrease (Unit: Billion yen) Amount Amount Amount YoY Oxygen 6.1 8.4 +2.4 139.2% Nitrogen 7.7 7.8 +0.1 101.1% Argon 3.1 3.1 +0.0 100.9% Carbon dioxide 5.0 4.9 ▲0.1 97.7% H
Slide 22: Business profit by segment
Supplementary Material Business profit by segment Increase/decrease FY2021.1Q FY2022.1Q (Unit: Billion yen) Amount YoY Digital & Industry 6.9 5.7 ▲1.2 83.0% Energy Solutions 1.8 0.4 ▲1.4 20.3% Health & Safety 2.6 2.5 ▲0.1 97.6% Agriculture & Foods 1.0 1.1 +0.2 117.0% Other 1.3 0.5 ▲0.8 37.3% Adjustm
Slide 23: Revenue and operating profit of Regional business companies
Supplementary Material Revenue and operating profit of Regional business companies Increase/decrease FY2021.1Q FY2022.1Q (Unit: Billion yen) Amount YoY Revenue 17.7 21.7 +4.1 122.9% Air Water Hokkaido Operating profit 1.2 1.2 ▲0.0 99.2% Revenue 16.5 19.1 +2.6 115.7% Air Water East Japan Operating pr
Slide 24: Revenue of main group companies (old sub-segment)
Supplementary Material Revenue of main group companies （old sub-segment） (Unit: Billion yen) Old segment New Segment FY2021. FY2022. Increase/decrease Company Name （sub-segment） （unit） 1Q 1Q Amount YoY Other Digital & Industry Air Water Materials Inc. (Information (Electronics) 10.1 11.5 +1.4 113.8%
Slide 25: Fiscal Year 2021 Full-Year Financial Results by segment
Supplementary Material Fiscal Year 2021 Full-Year Financial Results（1H/2H/Full Year）by segment FY2021 Full year Result (Unit: Billion yen) 1H 2H Full year Revenue 137.0 151.8 288.8 Digital & Industry Operating profit 13.2 14.6 27.8 Revenue 49.1 61.4 110.5 Energy Solutions Operating profit 4.6 5.8 10
Slide 26: Meeting society's needs with nature's blessings.
Meeting society’s needs with nature's blessings. @® AIR WATER