q2 fy2011 consolidated results (quarter ended september ......q2 fy2010 q2 fy2011 yoy percent change...
Post on 12-Aug-2020
3 Views
Preview:
TRANSCRIPT
Q2 FY2011 Consolidated Results (Quarter ended September 30, 2011)
SHINKO PLANTECH CO.,LTD.Security Code: 6379
2
1. Business Environment for Q2 FY2011 2. Earnings Summary for Q2 FY2011 (Consolidated) 3. Breakdown of New Contracts by Work Types (Consolidated) 4. Breakdown of Works Completed by Work Types (Consolidated)5. Outstanding Contracts (Consolidated)6. Gross Profit (Consolidated)7. Operating Income (Consolidated)8. Non-operating Profit and Losses / Ordinary Profit9. Extraordinary Losses / Net income
10. Consolidated Balance Sheet (Consolidated)11. Cash Flow (Consolidated)12. Earnings Forecast for Full-Year FY2011 (Consolidated)13. New Contracts and Works Completed by Segment (Consolidated)14. Financial Highlights (Consolidated)15. Great East Japan Earthquake-related Issues16. Addressing Overseas Projects17. The Acquisition of Toshin Seisakusho Co., Ltd.
Contents
3
●The great east Japan earthquake made a big impact on the Japanese economic activities, such as a halt in manufacturing production, fragmentation of supply chain, and a short supply of electricity
●In Q2, stagnant production activities showed signs of real recovery
●The economic prospect is very uncertain, caused by factors such as drastically appreciating yen, credit risk arising from fiscal problems in Europe, concern for economic slowdown in the world economy triggered from economic recession in the U.S., and Japanese companies shifting production base abroad
●In the oil and petrochemical industry, harsh conditions continue as maintenance and capital expenditure are suppressed from the decrease in domestic demand for petroleum products
●In the chemical industry, plans to build plants overseas are crystallizing, affected by the expanding demand in China and Southeast Asia, and appreciating yen
●We made a priority in the plant restoration for the resumption of client’s production, and the recovery in product delivery system in Tohoku and Kanto regions, which were affected by the earthquake
●Supporting client’s projects for overseas expansion
1. Business Environment for Q2 FY2011
4
(参考)
(単位:百万円) (単位:百万円)
差異 増減率
受 注 高 41,242 46,503 +5,261 12.8% 48,000 -1,497 -3.1%
完 成 工 事 高 41,821 43,906 +2,085 5.0% 45,000 -1,094 -2.4%
総 利 益 5,103 5,068 -35 -0.7% 5,150 -82 -1.6%
(率) 12.2% 11.5% -0.7% - 11.4% +0.1% -
一 般 管 理 費 1,573 1,705 +132 8.4% 1,750 -45 -2.6%
(率) 3.8% 3.9% +0.1% - 3.9% -0.0% -
営 業 利 益 3,530 3,363 -167 -4.7% 3,400 -37 -1.1%
(率) 8.4% 7.7% -0.8% - 7.6% +0.1% -
経 常 利 益 3,507 3,399 -108 -3.1% 3,450 -51 -1.5%
(率) 8.4% 7.7% -0.6% - 7.7% +0.1% -
当 期 純 利 益 1,954 1,882 -72 -3.7% 1,850 +32 1.7%
(率) 4.7% 4.3% -0.4% - 4.1% +0.2% -
1 株 当 り 利 益 42.28円 40.72円 -1.56 -3.7% ※上記の差異および増減率は第2四半期
受 注 残 高 20,931 26,615 +5,684 27.2%
期初発表値(5月9日)
実績値との比較です。
H22.9月期 H23.9月期 前年比 増減率
2. Earnings Summary for Q2 FY2011 (Consolidated)
New Contracts
Works completed
Gross Profit
Percentage (%)
SG&A
EPS
Percentage (%)
Percentage (%)
Percentage (%)
Percentage (%)
Operating Income
Ordinary Profit
Net Income
Outstanding Contracts
Q2 FY2010 Q2 FY2011 YOY Percent Change (%)
Yen Yen
(Unit: Millions of Yen) (Unit: Millions of Yen)
※Above difference and percent change are compared to the actual Q2 FY2010 results.
Forecast Announced at the Beginning of FY(May 9, 2011)
Difference Percent Change (%)
(Reference)
5
112 103 98 99 121
206269
221 196197
93
139
112
79
108
91
71
31
38
39
0
100
200
300
400
500
600
H19.9月期 H20.9月期 H21.9月期 H22.9月期 H23.9月期
新規設備
改造・改修
定期修理
日常保全
(億円)
502
581
462
412
465
H22.9月期 H23.9月期 前年比 増減率 期初発表値(5/9) 期初比 増減率
日常保全工事 9,913 12,143 +2,230 +22.5% 11,200 +943 +8.4%
定期修理工事 19,588 19,700 +111 +0.6% 18,700 +1,000 +5.3%
改造・改修工事 7,949 10,766 +2,817 +35.4% 10,500 +266 +2.5%
新規設備工事 3,791 3,892 +101 +2.7% 7,600 -3,708 -48.8%
エンジニアリング業 41,242 46,503 +5,261 +12.8% 48,000 -1,497 -3.1%
受注高
(単位:百万円)
●Orders increased by 5.2 billion yen, a decrease of 1.5 billion yen from the forecast announced at the beginning of FY
【
Daily Maintenance 】1) Clients continued to cut cost in daily maintenance 2) Restoration works related to great east Japan
earthquake increased 3) We acquired Ikeda Kikou Co., Ltd. and Tokai Koki
Co., Ltd.
【
Regular Repair Works 】1) Orders were unchanged YOY 2) The number of works decreased and the size of large
regular maintenance works shrank
【
Remodeling and Refurbishment Works 】1) The number and size of works increased, as the great
east Japan earthquake-related works increased
【
Construction of New Facilities 】1) Orders were unchanged YOY 2) Orders decreased by 3.7 billion yen from the forecast
announced at the beginning of FY, as the expected orders for domestic oil and pharmaceutical investment projects and overseas projects were delayed to 2H2011
3. Breakdown of New Contracts by Work Types (Consolidated)
New Contracts
Daily Maintenance
Regular Repair WorksRemodeling and Refurbishment WorksConstruction of New Facilities
Engineering
Q2 FY2010 Q2 FY2011 YOYPercent
Change (%)Percent
Change (%)Forecast Announced at the
Beginning of FY(May 10, 2010)Difference from
The Original Forecast
5-Year Summary of Q2 New Contracts
(Unit: 100 millions of Yen)
Q2 FY2011Q2 FY2010Q2 FY2009Q2 FY2008Q2 FY2007
(Unit: Millions of Yen)
New Facilities
Remodeling & Refurbishment
Regular RepairWorks
Daily Maintenance
6
107 101 98 95 111
191246 235
200 183
92
110 123
89 101
91
129
38
3443
0
100
200
300
400
500
600
H19.9月期 H20.9月期 H21.9月期 H22.9月期 H23.9月期
新規設備
改造・改修
定期修理
日常保全
(億円)
483
587
495
418 439
H22.9月期 H23.9月期 前年比 増減率 期初発表値(5/9) 期初比 増減率
日常保全工事 9,452 11,079 +1,626 +17.2% 11,200 -121 -1.1%
定期修理工事 20,011 18,325 -1,685 -8.4% 18,700 -375 -2.0%
改造・改修工事 8,862 10,102 +1,239 +14.0% 10,500 -398 -3.8%
新規設備工事 3,396 4,285 +888 +26.2% 4,500 -215 -4.8%
エンジニアリング業 41,722 43,792 +2,069 +5.0% 44,900 -1,108 -2.5%
その他事業 98 113 +14 +15.1% 100 +13 +13.0%
41,821 43,906 +2,084 +5.0% 45,000 -1,094 -2.4%
完成工事高
合 計
(単位:百万円)
過去5年間の完成工事高の推移(第2四半期)
●Works completed increased by 2 billion yen, a decrease of 1.1 billion yen from the forecast announced at the beginning of FY 【
Daily Maintenance 】1) Clients continued to cut costs in daily maintenance 2) Restoration works related to great east Japan
earthquake increased 3) We acquired Ikeda Kikou Co., Ltd. and Tokai Koki
Co., Ltd.
【
Regular Repair Works 】1) The number of works decreased and the size of large
regular maintenance works shrank
【
Remodeling and Refurbishment Works 】1) The number and size of works increased, as the great
east Japan earthquake-related works increased
【
Construction of New Facilities 】1) The works completed in the construction of new
facilities were in-line with our forecast at the beginning of FY, as new capital expenditure progressed smoothly
4. Breakdown of Works Completed by Work Types (Consolidated)
Works Completed Daily Maintenance
Regular Repair WorksRemodeling and Refurbishment WorksConstruction of New Facilities
Engineering
Other BusinessTotal
(Unit: Millions of Yen)Q2 FY2010 Q2 FY2011 YOY Percent
Change (%)Percent
Change (%)Forecast Announced at the
Beginning of FY(May 10, 2010)Difference from
The Original Forecast
Q2 FY2011Q2 FY2010Q2 FY2009Q2 FY2008Q2 FY2007
(Unit: 100 millions of Yen)5-Year Summary of Q2 Works Completed
New Facilities
Remodeling & Refurbishment
Regular RepairWorks
Daily Maintenance
7
11 9 8 10 19
39 3820
6565
4677
64
4956
168 110
113
84
127
0
50
100
150
200
250
300
H19.9月期 H20.9月期 H21.9月期 H22.9月期 H23.9月期
新規設備改造・改修定期修理日常保全
(億円)
266
209204
234
265
H19.9月期 H20.9月期 H21.9月期 H22.9月期 H23.9月期
日常保全工事 1,142 890 750 1,041 1,863
定期修理工事 3,916 3,794 1,966 6,548 6,520
改造・改修工事 4,626 7,668 6,386 4,916 5,577
新規設備工事 16,826 11,046 11,321 8,426 12,653
合 計 26,513 23,399 20,425 20,931 26,615
【過去5年間の受注残高の推移(第2四半期)】
(単位:百万円)
1H FY20111H FY20101H FY2007 1H FY2008 1H FY2009
(Unit: 100 millions of Yen)
【5-Year Summary of Q2 Outstanding Contracts 】(Unit: Millions of Yen)
Daily Maintenance
Regular Repair Works
Remodeling and Refurbishment WorksConstruction of New Facilities
Total
Q2 FY2007 Q2 FY2008 Q2 FY2009 Q2 FY2010 Q2 FY2011
5. Outstanding Contracts (Consolidated)
New Facilities
Remodeling & Refurbishment
Regular RepairWorks
Daily Maintenance
8
●Gross profit decreased slightly to 5.06 billion yen ●Gross margin decreased by 0.7 percentage point, from 12.2% to 11.5%
Factors:●Gross profit was approximately in-line with our forecast at the beginning of FY
●We maintained high gross margin by continuing to enhance work efficiency and operating efficiency, compress cost of work, and cut in expenses
6,5056,806 6,769
5,103 5,068
13.5%
11.6%
11.5%
13.7%
12.2%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
19.9月期 20.9月期 21.9月期 22.9月期 23.9月期
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
総利益
総利益率
(百万円)
6. Gross Profit (Consolidated)
1H FY20111H FY20101H FY20091H FY20081H FY2007
(Unit: Millions of Yen)
Gross Profit
Gross Profit Margin
9
5,006
5,332
5,015
3,5303,363
7.7%
8.4%
10.1%9.1%10.4%
0
1,000
2,000
3,000
4,000
5,000
6,000
19.9月期 20.9月期 21.9月期 22.9月期 23.9月期
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
営業利益
営業利益率
(百万円)
● Operating income decreased by 170 million yen, a 4.7% decrease YOY
●Operating margin decreased by 0.7 percentage point from 8.4% to 7.7%
Factors:●General administrative expenses increased
1) We acquired Ikeda Kouki Co., Ltd. and Tokai Kouki Co., Ltd.
7. Operating Income (Consolidated)
(Unit: Millions of Yen)
1H FY20111H FY20101H FY20091H FY20081H FY2007
Operating Income
Operating Margin
10
(単位:百万円)
H22.9月期 H23.9月期 前年比【営業 外収 益】受 取 利 息 12 12配 当 金 35 46 +10受 取 賃 借 料 77 89 +11そ の 他 19 31 +11
計 145 179 +33【営業 外費 用】支 払 利 息 7 12 +4売 上 割 引 59 36 -23為 替 差 損 53 72 +18そ の 他 47 23 -23
計 167 143 -24【営業 外損 益】 -22 35 +57
●Ordinary profit decreased by 100 million yen, a decrease of 3.1% YOY
●Ordinary profit margin decreased by 0.7 percentage points from 8.4% to 7.7%
【営業外損益】 【経常利益】
4,920
5,3075,047
3,507 3,399
10.2% 9.0% 10.2%
8.4%
7.7%
0
1,000
2,000
3,000
4,000
5,000
6,000
19.9月期 20.9月期 21.9月期 22.9月期 23.9月期
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
経常利益
経常利益率
(百万円)
8. Non-Operating Profit and Losses / Ordinary Profit
Non-Operating Income
Interest Income
Dividends Received
Rents Received
Other
【Non-Operating Expenses】Interest Expenses
Sales Discount
Total
Total
Other
【
Non-Operating Profit and Loss 】
YOYQ2 FY2010 Q2 FY2011
Foreign Exchange Losses
【Non-Operating Profit and Losses】 【
Ordinary Profit 】
(Unit: Millions of Yen)
1H FY20111H FY20101H FY20091H FY20081H FY2007
(Unit: Millions of Yen)
Ordinary ProfitOrdinary Profit
Margin
11
2,912
1,882
1,954
2,8962,955
4.3%4.7%
5.8%5.0%6.1%
0
500
1,000
1,500
2,000
2,500
3,000
3,500
19.9月期 20.9月期 21.9月期 22.9月期 23.9月期
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
当期純利益
当期純利益率
(百万(単位:百万円)
H22.9月期 H23.9月期 前年比【 特 別 利 益 】固 定 資 産 売 却 益 0貸 倒 引 当 金 戻 入 額 4 -4そ の 他
計 5 0 -5【 特 別 損 失 】固 定 資 産 除 却 損 2 2投 資 有 価 証 券 評 価 損 2 +2ゴ ル フ ク ラブ 入会 金評 価損 1 2 +1そ の 他
計 4 7 +2【 特 別 損 益 】 1 -6 -8
*Net income decreased by 72 million yen. a decrease of 3.7% YOY.
*Net profit margin decreased to 4.3% from 4.7%.
【特別損益】 【当期純利益】
9. Extraordinary Losses / Net Income
【Extraordinary Losses】
【Extraordinary Profit】
Other
Total
【
Extraordinary Losses 】Loss on Retirement of Fixed Assets
Q2 FY2010 Q2 FY2011
(Unit: Millions of Yen)YOY
【
Extraordinary Losses 】Total
【Net Income】
Reversal of allowance for doubtful accounts
(Unit: Millions of Yen)
1H FY20111H FY20101H FY20091H FY20081H FY2007
Gain from sale of fixed assets
Appraisal Loss of Initial Fee for Country Club
Loss on valuation of investment securities
Other
Net IncomeNet Income
Margin
12
(単位:百万円)
増減 増減
実績 構成比 実績 構成比 実績 構成比 実績 構成比 実績 構成比 実績 構成比
46,313 73.5% 40,144 69.2% 51,665 75.8% +11,521 36,140 57.3% 29,571 51.0% 39,369 57.7% +9,798
現金預金 16,171 25.6% 12,931 22.3% 13,822 20.3% +890支払手形及び工事未払金
30,747 48.8% 24,055 41.5% 33,183 48.7% +9,128
受取手形及び完成工事未収入金
20,483 32.5% 17,747 30.6% 25,578 37.5% +7,830 短期借入金 75 0.1% 45 0.1% 784 1.2% +739
未成工事支出金 7,967 12.6% 5,719 9.9% 9,522 14.0% +3,802 未成工事受入金 1,590 2.5% 1,886 3.3% 1,525 2.2% -361
その他 1,690 2.7% 3,744 6.5% 2,743 4.0% -1,001 その他 3,726 5.9% 3,583 6.2% 3,876 5.7% +293
16,739 26.5% 17,839 30.8% 16,533 24.2% -1,306 1,067 1.7% 1,110 1.9% 929 1.4% -180
有形固定資産 11,195 17.8% 11,151 19.2% 11,471 16.8% +320 長期借入金 67 0.1% +67
無形固定資産 311 0.5% 308 0.5% 274 0.4% -33 退職給付引当金 40 0.1% 44 0.1% 65 0.1% +20
投資その他の資産 5,232 8.3% 6,379 11.0% 4,786 7.0% -1,593 その他 1,027 1.6% 1,065 1.8% 796 1.2% -268
25,845 41.0% 27,302 47.1% 27,899 40.9% +596
63,053 100 .0% 57,983 100 .0% 68,199 100 .0% +10,215 63,053 100 .0% 57,983 100 .0% 68,199 100 .0% +10,215
H23.9月期H22.9月期 H23.3月期
【 流 動 資 産 】
H23.3月期H23.9月期 H22.9月期
【 資 産 合 計 】 【 負 債 ・ 純 資 産 合 計 】
【 固 定 資 産 】
【 流 動 負 債 】
【 固 定 負 債 】
【 純 資 産 】
10. Consolidated Balance Sheet (Consolidated)
【Fixed assets】
Tangible Fixed Assets
Intangible Fixed Assets
Other Assets
【Total Assets】
Q2 FY2010
Results Percentage
Full-Year FY2010
Results Percentage
Q2 FY2011Percentage
【
Current liabilities 】
Payables
Short-Term Debt
Advances Received on Uncompleted Contracts
Other
【
Fixed Liabilities 】
Long-Term Debt
Accrued Retirement Benefit Cost
Other
【
Total Net Assets】
【Total liabilities and Assets】
(Unit: Millions of Yen)
Change
【Current Assets】
Cash Deposit
Notes and AccountsReceivable
Disbursement of Uncompleted Works
Other
Results
Q2 FY2010
Results Percentage
Full-Year FY2010
Results Percentage
Q2 FY2011Percentage ChangeResults
13
-2,000
0
2,000
4,000
6,000
8,000
H22.3月期 H22.9月期 H23.3月期 H23.9月期
営業活動CF
投資活動CF
財務活動CF
(百万)
(単位:百万円)
H22.3月期 H22.9月期 H23.3月期 H23.9月期
営業活動CF 3,767 7,243 7,227 142
投資活動CF -1,145 -458 -1,649 -67
財務活動CF -1,634 -1,143 -1,179 -972
現金及び現金同等物に係る換算差額 -15 -47 -44 -75
現金及び現金同等物の増減額 971 5,593 4,353 -971
新規連結に伴う現金及び現金同等物の増減額 660
増減額 -310
11. Cash Flows (Consolidated)
Full-Year FY2009 1H FY2010 Full-Year FY2010 1H FY2011
(Unit: Millions of Yen)
Operating Cash Flow
Investment Cash Flow
Financial Cash FlowEffect of Exchange Rate Changes on Cash and Cash Equivalents
Change in Cash and Cash Equivalents
(Unit: Millions of Yen)
1H FY2011FY20101H FY2010FY2009
Change in cash and cash equivalents related to the acquisition of subsidiaries
Change
Operating
Investment
Financial
14
(参考)
(単位:百万円) (単位:百万円)
H23.3 前年比 増減率
通期実績 上半期実績 下半期予想 通期予想 期初発表値 差異 増減率 期初発表値 差異 増減率 期初発表値 差異 増減率
受 注 高 81,593 46,503 49,497 96,000 +14,407 +17.7% 48,000 -1,497 -3.1% 48,000 +1,497 3.1% 96,000 +0 0.0%
完 成 工 事 高 79,269 43,906 46,094 90,000 +10,731 +13.5% 45,000 -1,094 -2.4% 45,000 +1,094 2.4% 90,000 +0 0.0%
総 利 益 9,144 5,068 5,132 10,200 +1,056 +11.5% 5,150 -82 -1.6% 5,050 +82 1.6% 10,200 +0 0.0%
(率) 11.5% 11.5% 11.1% 11.3% -0.1% - 11.4% +0.1% - 11.2% -0.1% - 11.3% +0.0% -
一 般 管 理 費 3,214 1,705 1,795 3,500 +286 +8.9% 1,750 -45 -2.6% 1,750 +45 2.6% 3,500 +0 0.0%
(率) 4.1% 3.9% 3.9% 3.9% -0.1% - 3.9% -0.0% - 3.9% +0.0% - 3.9% +0.0% -
営 業 利 益 5,930 3,363 3,337 6,700 +770 +13.0% 3,400 -37 -1.1% 3,300 +37 1.1% 6,700 +0 0.0%
(率) 7.5% 7.7% 7.2% 7.4% -0.0% - 7.6% +0.1% - 7.3% -0.1% - 7.4% +0.0% -
経 常 利 益 5,965 3,399 3,401 6,800 +835 +14.0% 3,450 -51 -1.5% 3,350 +51 1.5% 6,800 +0 0.0%
(率) 7.5% 7.7% 7.4% 7.6% +0.0% - 7.7% +0.1% - 7.4% -0.1% - 7.6% +0.0% -
当 期 純 利 益 3,246 1,882 1,768 3,650 +404 +12.4% 1,850 +32 1.7% 1,800 -32 -1.8% 3,650 +0 0.0%
(率) 4.1% 4.3% 3.8% 4.1% -0.0% - 4.1% +0.2% - 4.0% -0.2% - 4.1% +0.0% -
1 株 当 り 当 期 利 益 70.22円 40.72円 - 78.95円 +8.73 +12.4% ※上記の差異および増減率は左表の実績値または予想値との比較です。
受 注 残 高 23,904 26,615 - 30,104 +6,200 +25.9%
通期
通 期
H24.3予想
期初発表値(5月9日発表)
上半期 下半期
12. Earnings Forecast for Full-Year FY2010 (Consolidated)
Full-Year
(Unit: Millions of Yen)
Full-Year FY2011 Forecast
1st Half Results
2nd Half Forecast
Full-Year Forecast
YOY Percent Change (%)
(Unit: Millions of Yen)
Forecast Announced at the Beginning of FY (May 9, 2011)
1st Half 2nd Half Full-Year
Forecast Announced at the Beginning of FY
DifferencePercent Change
(%)
Forecast Announced at the Beginning of FY
DifferencePercent Change
(%)
Forecast Announced at the Beginning of FY
DifferencePercent Change
(%)
※Above difference and percent changes are compared to the actual 1H FY2010 results or the original forecast.
(Reference)
Yen Yen Yen
New Contracts
Works Completed
Gross Profit
Percentage (%)
SG&A
Percentage (%)
Operating Income
Percentage (%)
Ordinary Profit
Percentage (%)
Net Income
Percentage (%)
EPS
Outstanding Contracts
FY2010 ResultsFull-Year
Results
15
(単位:百万円)
平成23年3月期
通期 中間期 下期 通期 通期 差異
日常保全工事 20,323 12,143 10,357 22,500 +2,177 22,000 +500
定期修理工事 33,225 19,700 14,300 34,000 +775 36,500 -2,500
改造・改修工事 16,588 10,766 9,734 20,500 +3,912 20,500 +0
新規設備工事 11,455 3,892 15,108 19,000 +7,545 17,000 +2,000
エンジニアリング業 81,593 46,503 49,497 96,000 +14,407 96,000 +0
(単位:百万円)
平成23年3月期
通期 中間期 下期 通期 通期 差異
日常保全工事 20,116 11,079 11,421 22,500 +2,384 22,000 +500
定期修理工事 35,050 18,325 15,675 34,000 -1,050 36,500 -2,500
改造・改修工事 17,504 10,102 10,398 20,500 +2,996 20,500 +0
新規設備工事 6,428 4,285 8,515 12,800 +6,372 10,800 +2,000
エンジニアリング業 79,100 43,792 46,009 89,800 +10,700 89,800 +0
その他事業 169 113 87 200 +31 200 0
79,269 43,906 46,094 90,000 +10,731 90,000 +0
受注高
平成24年3月期 予想
平成24年3月期 予想
完成工事高
合 計
前年比
前年比期初発表値(5/9)
期初発表値(5/9)
13. New Contracts and Works Completed by Segment (Consolidated)
Works Completed
(Unit: Millions of Yen)
Daily Maintenance
Regular Repair Works
Remodeling and Refurbishment Works
Construction of New Facilities
Engineering
Daily Maintenance
Regular Repair Works
Remodeling and Refurbishment Works
Construction of New Facilities
Engineering
Other
Total
FY2010 Results
Full-Year
Full-Year FY2011 Forecast
1st Half 2nd Half Full-YearYOY
(Unit: Millions of Yen)
FY2010 Results
Full-Year
Full-Year FY2011 Forecast
1st Half 2nd Half Full-YearYOY
Full-Year Difference
Full-Year Difference
Forecast Announced at the Beginning of FY(May 9, 2011)
New Contracts
Forecast Announced at the Beginning of FY(May 9, 2011)
16
【受注高】 【完成工事高】
【経常利益】 【当期純利益】
239 221 209 203 225
376 427360 332 340
204
289
210166
205
162
168
73115
190
0
200
400
600
800
1,000
1,200
20.3月期 21.3月期 22.3月期 23.3月期 24.3月期(予)
新規設備
改造・改修
定期修理
日常保全
(億円)
981
1,105
851816
960
238 221 210 201 225
385 408324 351 340
201262
227 175 205
162
216
11364
128
0
200
400
600
800
1,000
1,200
20.3月期 21.3月期 22.3月期 23.3月期 24.3月期(予)
新規設備
改造・改修
定期修理
日常保全
(億円)
989
1,109
875900
793
10,433 10,350
8,113
5,965
6,800
7.6%7.5%
9.3%9.3%
10.5%
0
2,000
4,000
6,000
8,000
10,000
12,000
20.3月期 21.3月期 22.3月期 23.3月期 24.3月期(予)
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
経常利益
経常利益率
(百万円)
5,380
3,6503,246
4,566
5,876
4.1%4.1%
5.2%
4.9%
5.9%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
20.3月期 21.3月期 22.3月期 23.3月期 24.3月期(予)
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
当期純利益
当期純利益率
(百万円)
14. Financial Highlights (Consolidated)【New Contracts】
【Ordinary Profit】
【Works Completed】
【Net Income】
(Unit: 100 millions of Yen) (Unit: 100 millions of Yen)
(Unit: millions of Yen) (Unit: millions of Yen)
Net Profit Net Profit Margin
FY2011(est.)FY2010FY2009FY2008FY2007 FY2011(est.)FY2010FY2009FY2008FY2007
FY2011(est.)FY2010FY2009FY2008FY2007FY2011(est.)FY2010FY2009FY2008FY2007
New Facilities
Remodeling & Refurbishment
Regular RepairWorks
Daily Maintenance
New Facilities
Remodeling & Refurbishment
Regular RepairWorks
Daily Maintenance
Ordinary Profit Margin
Ordinary Profit
17
15. About Dividend
Basic Understanding Regarding Dividend
Our group’s business provide maintenance of petroleum, petrochemical and other plants and belong to the sector that is easily affected by changes in private sector capital expenditure. Therefore, we believe that by strengthening business structure to adapt to the changes in the business environment and future business expansion, and building stable business base, our corporate value will increase, which will lead to ensuring future profits for the shareholders, clients, business partners, employees, and other related parties.
Dividend Policy
On one hand, we believe that sharing profits in dividends for the shareholders is a high-priority issue in the management and should implement dividend measures that synchronize with earnings. But on the other hand, we also need to consider about providing continuous and stable dividends.
Dividend Planned for FY2011
●Year-End Dividend 25 yen
18
Damages from the earthquakeDamages mainly in Tohoku/Sendai region, Kashima industrial complex, Keihin/Keiyo industrial complex
・Checkup and repair of facilities that were shutdown・Restoring and repairing facilities that have differential settlement・Mending and restoring failed facilities・New installment of vanished facilities
The Greatest ChallengeReconstruction of JX Holdings, Inc.’s Sendai refinery
・Launched works for second disaster prevention and improvement of work environment・Partial recovery of shipment by installing a makeshift shipment facilities (mid-May)・Restoration work of land shipment facilities, and off-site facilities
(Full recovery in fuel oil receiving and shipment functions in November)・Open, Checkup, and repair of plant facilities
(progressing towards restarting production in spring 2012)Impact on Business Results・We made business forecast based on restoration/ reconstruction works that were certain at
the beginning of FY in mind.・There is no change in business forecast. On one hand, we dealt with demand for disaster
reconstruction beyond our forecast. On the other hand, there had been cancellation or delay in investment plans, affected by the earthquake.
→We will disclose information that will make big impacts on the business performance
16. Great East Japan Earthquake-related Issues
19
Current Situation(1) Expanding Overseas Maintenance Bases
FY2003 We established Wuxi Shinko Plantech Co., Ltd. in China.FY2010 We restarted PT. Shinko Plantech in Indonesia.FY2011 We established SHINKO PLANTECH (THAILAND).
(2) Targeting new facility plans and facility enhancing plans for mainly overseas offices of Japanese chemical companies→China
New works, enhancement works, and maintenance works mainly in Shanghai and Wuxi region→Indonesia
・Maintenance works for overseas offices of Japanese companies mainly in Cilegon region・Participating in inquiry for large projects in Cilegon region, and responding to related facilities works
→Other regions in Southeast Asia Responding to construction work in Malaysia, Thailand and Singapore
Participating in inquiry for large construction projects in other regions in Southeast Asia
We will continue to aggressively strengthen the capabilities foroverseas inquiries and projects
・Overseas expansion plan continued to be robust due to long-term trend towards strong yen and domestic electric power condition
Overseas ExpansionIn the 4th Mid-Term Business Plan, we announced an aggressive overseas expansion in line with other Japanese companies, who are building local production and local supply chain to meet economic growth in China and Southeast Asia
17. Addressing Overseas Projects
20
Please refer to the press release announced on Sept. 26th
About Toshin Seisakusho Co., Ltd. (Toshin Seisakusho)
Toshin Seisakusho is a company that is engaged in maintenance work, such as plumbing, equipment checkup, and machinery maintenance, and construction work for Sumitomo Chemical Co., Ltd.’s Ehime Factory in Araihama, Ehime Prefecture. It is one of influential companies specialized in zone maintenance. It has a successor problem.
Purpose of Share Acquisition
Matches the efforts in the 4th Mid-Term Business Plan
●Its main client is Sumitomo Chemical Co., Ltd. and has abundant experience in chemical plant construction and maintenance →Leads to share expansion in chemical plants
●Sustains operation in Ehime region for 60 years since its foundation and has stable business results →Is knowledgeable in Shikoku regions →Has employees with abundant experience and performance in maintenance
●Located in Shikoku region, where we aim to expand →Can cooperate with our group company, Ikeda Kikou Co., Ltd, located in the same region
18. The Acquisition of Toshin Seisakusho Co., Ltd.
21
This material includes projections based on future forecast and plans that was available on November 14, 2011.
There is a possibility that these projections may be different from actual results, affected by risks such as fluctuations in economic conditions and other uncertain factors.
【Contact】SHINKO PLANTECH CO.,LTD.27-5 Shin Isogo-cho. Isogo-Ku, Yokohama, 235-0017 JapanTakanori KobayashiCorporate Planning Group Corporate Planning Department
Phone. +81-45-758-1953 Facsimile. +81-45-758-1999E-Mail:ir-info@s-plantech.co.jpURL:http://www.s-plantech.co.jp
top related