Daifuku Co., Ltd. · TSE:6383
Daifuku — Q3 FY2019 Earnings Presentation
16 slides from Daifuku's earnings presentation, Feb 7, 2020
Slide 1: Consolidated Financial Results, First Three Quarters of FY Ending March 2020
Consolidated Financial Results First Three Quarters of the Fiscal Year Ending March 31, 2020 (April 1, 2019 - December 31, 2019) February 7, 2020 DAIFUKU CO., LTD.
Slide 2: Fiscal 2019 First 3Qs Highlights
Fiscal 2019 First 3Qs Highlights (April 1, 2019 - December 31, 2019) 1 ✓ Orders, sales and operating income reflected mainly decreased investment in the semiconductor and flat- panel display sectors. (Billion yen) Orders Sales Operating income (margin) 11.5% 387.5 374.6 330.6 318.8 292.1 9.6% 9.1% 3
Slide 3: FY2019 First 3Qs Results (Consolidated)
FY2019 First 3Qs Results (Consolidated) 2 (Billion yen) FY2018 3Qs FY2019 3Qs Year-on-year Orders 374.68 338.10 -9.8% Net sales 330.65 318.80 -3.6% Operating income 38.10 28.92 -24.1% ✓ A gain on sales of shares in Ordinary income 39.03 29.51 -24.4% affiliates (Knapp AG) of ¥6.94 Net income attribut
Slide 4: Results by Reportable Segment
Results by Reportable Segment 3 (Billion yen) Orders Net sales Segment income (Net income attributable to (Orders from outside customers) (Sales to outside customers) shareholders of the parent company) FY2018 3Qs FY2019 3Qs FY2018 3Qs FY2019 3Qs FY2018 3Qs FY2019 3Qs ✓ Daifuku: Growing demand from
Slide 5: Consolidated Balance Sheets
Consolidated Balance Sheets 4 (Billion yen) FY2018 FY2019 Q3 Change FY2018 FY2019 Q3 Change ✓ Total assets: Decreased by ¥6.2 billion Current assets 326.23 313.22 -13.01 Current liabilities 155.96 139.40 -16.55 [Factors] Cash on hand and 90.91 66.07 -24.83 Notes and accounts 71.79 66.20 -5.59 Decrea
Slide 6: Orders and Sales by Industry (Consolidated)
Orders and Sales by Industry (Consolidated) 5 (Billion yen) Orders Sales FY2018 3Qs FY2019 3Qs FY2018 3Qs FY2019 3Qs Industry Orders Composition Orders Composition Sales Composition Sales Composition Automobile, auto parts 52.29 14.0% 75.32 22.3% 46.91 14.2% 44.70 14.0% Electronics 133.94 35.7% 108.
Slide 7: Orders by Region (Consolidated)
Orders by Region (Consolidated) 6 (Billion yen) 71% 67% 68% 63% 11.6 Non-Japan ratio 15.5 to net orders 6.4 7.6 7.1 Other 7.6 Europe 168.5 140.9 8.4 112.7 Asia 5.8 84.9 North America 89.4 88.7 102.9 Japan 55.5 Ratio to net sales 92.2 111.5 122.3 107.2 FY2016 3Qs FY2017 3Qs FY2018 3Qs FY2019 3Qs Non-
Slide 8: Orders by Region (Consolidated)
Orders by Region (Consolidated) 7 (Billion yen) FY2016 3Qs FY2017 3Qs FY2018 3Qs FY2019 3Qs Region Orders Composition Orders Composition Orders Composition Orders Composition Japan 92.29 37.4% 111.51 28.8% 122.32 32.6% 107.20 31.7% ✓ In North America, orders for automobile production line Non-Japan
Slide 9: Sales by Region (Consolidated)
Sales by Region (Consolidated) 8 (Billion yen) 73% 65% 67% 67% 9.7 10.3 Non-Japan ratio 13.2 9.8 6.6 to net sales 7.1 Other 13.4 148.8 123.8 Europe 6.1 107.1 Asia 70.9 North America 69.3 72.4 72.9 Japan 54.5 Ratio to net sales 95.1 89.2 105.4 79.2 FY2016 3Qs FY2017 3Qs FY2018 3Qs FY2019 3Qs Non-Japa
Slide 10: Sales by Region (Consolidated)
Sales by Region (Consolidated) 9 (Billion yen) FY2016 3Qs FY2017 3Qs FY2018 3Qs FY2019 3Qs Region Sales Composition Sales Composition Sales Composition Sales Composition Japan 79.23 35.3% 95.16 32.6% 89.24 27.0% 105.49 33.1% ✓ In Japan, sales were favorable in Non-Japan 145.08 64.7% 196.99 67.4% 241
Slide 11: Service Sales (Consolidated)
Service Sales (Consolidated) 10 %: Ratio to net sales (Billion yen) 29% 24% 23% 24% ✓ Service sales remained firm. 70.8 76.3 76.3 64.3 Note: Sales in the service business include FY2016 3Qs FY2017 3Qs FY2018 3Qs FY2019 3Qs maintenance, retrofitting, and remodeling work for products and systems Daifu
Slide 12: FY2019 Forecast (Consolidated)
FY2019 Forecast (Consolidated) 11 （Billion yen） FY2019（Forecast） FY2018 As of May 10, As of August 8, As of November Revised on Year-on-year 2019 2019 8, 2019 February 7, 2020 Orders 503.39 530.0 510.0 500.0 500.0 -0.7% Net sales 459.48 480.0 460.0 450.0 440.0 -4.2% Operating income 54.68 52.8 46.0
Slide 13: Quarterly Orders and Sales (Consolidated)
Quarterly Orders and Sales (Consolidated) 12 (Billion yen) Orders Sales 161.8 148.5 140.6 129.1 128.8 123.7 120.8 119.9 121.1 109.4 112.7 113.4 113.8 ✓ Orders are recovering. 103.1 118.1 97.2 128.7 100.4 85.0 108.0 104.8 112.5 110.0 83.2 99.0 100.4 77.0 96.5 96.1 74.0 73.2 60.6 Note: Orders were con
Slide 14: Order Backlogs (Consolidated)
Order Backlogs (Consolidated) 13 (Billion yen) 418.4 373.6 377.7 362.7 358.4 346.4 326.8 358.5 364.0 314.0 314.5 ✓ The order backlog at the end 294.9 of FY2019 is projected to increase by 60.0 billion yen 231.4 218.5 year on year. 192.3 182.4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2016 FY
Slide 15: Topics: New facilities completed in Japan and overseas
Topics 14 New facilities completed in Japan and overseas Location Completion Objective December Renovating an aging building and focusing on Daifuku’s new office building Osaka Headquarters 2019 strengthening engineering September Responding to increasing orders from the e- Daifuku’s new factory bui
Slide 16: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements The strategies, beliefs and plans related to future business performance as described in this document are not established facts. They are business prospects based on the assumptions and beliefs of the management team judging from the m