Financial Results
FY2020 Quarter 1
1st April, 2020 - 30th June, 2020
All forecasts and plan that are not historical facts in this document are future business result related forecast. These are showed by based on information and data currently available to the company. Various uncertain factors could cause actual results to differ.
3rd August, 2020
Copyright ©2020 NICHIAS Corporation, All Rights Reserved.
Extension of Medium-term business plan
197.5 | 215.5 | 208.9 | Extended | ||||
180.4 | 190.0 | ||||||
[TOP] Net sales, [Middle]Operating income, [Bottom]Operating margin | (Unit: Billion yen) |
Copyright ©2020 NICHIAS Corporation, All Rights Reserved. | 2 |
Business outlook FY2020 Q1 (1st April, 2020 - 30th June, 2020)
Segments
Energy and
Industrial plants
Industrial products
Advanced
products
Autoparts
Building materials
FY2019 | FY2020 | Analysis | |
Q1 | Q1 | ||
Steady demand by oil refinery, | |||
petrochemical & power plant | |||
sectors. | |||
Demand for insulation materials | |||
for electronics components | |||
declined. | |||
Demand for semiconductor | |||
market was ahead of schedule. | |||
The impact of production | |||
adjustments due to lower global | |||
automobile demand. | |||
Effects of extended construction | |||
periods and delays in | |||
construction. | |||
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Financial highlights FY2020 Q1 (1st April, 2020 - 30th June, 2020)
(Unit: Billion yen)
FY2019 | FY2020 | |||||||||||||
Q1 | H1 | H2 Full year | Q1 | Q2 | H1 | H2 | Full year | |||||||
Results | Results | YoY | H1-Q1 | Forecast | YoY | Forecast | Forecast | YoY | ||||||
Net sales | 47.4 101.0 107.9 | 208.9 | 43.0 | △9% | 45.5 | 88.5 | △12% | 101.5 | 190.0 | △9% | ||||
Operating | 4.5 | 10.0 | 10.5 | 20.4 | 3.8 | △15% | 3.2 | 7.0 | △30% | 10.5 | 17.5 | △14% | |||
income | |||||||||||||||
9.4% | 9.9% | 9.7% | 9.8% | 8.8% | 7.0% | 7.9% | 10.3% | 9.2% | |||||||
4.6 | 10.0 | 11.6 | 21.6 | 3.3 | △27% | 3.7 | 7.0 | △30% | 10.5 | 17.5 | △19% | ||||
Ordinary | |||||||||||||||
income | 9.6% | 9.9% | 10.7% | 10.4% | 7.7% | 8.1% | 7.9% | 10.3% | 9.2% | ||||||
Profit | 3.3 | 7.0 | 7.6 | 14.7 | 1.8 | △45% | 2.6 | 4.4 | △38% | 7.3 | 11.7 | △20% | |||
Attributable to | 7.0% | 7.0% | 7.1% | 7.0% | 4.3% | 5.7% | 5.0% | 7.2% | 6.2% | ||||||
owners of the parent | |||||||||||||||
(Unit: Yen) | |||||||||||||||
Basic earnings | 49.92 106.14 115.08 | 221.21 | 27.58 | △45% | 38.75 | 66.33 | △38% | 110.05 | 176.38 | △20% | |||||
per share | |||||||||||||||
Dividends | 38 | 38 | 76 | 38 | 38 | 76 | |||||||||
Dividend | 35.8% | 33.0% | 34.4% | 57.3% | 34.5% | 43.1% | |||||||||
payout ratio | |||||||||||||||
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Business Results FY2020 Q1 (1st April, 2020 - 30th June, 2020)
(Unit: Billion yen) | ||||||||
FY2019 | FY2020 | |||||||
Segments | Q1 | H1 | H2 Full year | Q1 | Q2 | H1 | H2 | Full year |
Results | Results YoY | H1-Q1Forecast YoY | Forecast Forecast YoY | |||||
Energy & | Net sales | 13.6 | 30.9 | 34.9 | 65.8 | 12.5 | △8% | 16.0 | 28.5 | △8% | 33.0 | 61.5 | △7% | ||
Industrial | incomeOperating | 1.3 | 3.1 | 4.1 | 7.2 | 1.4 | 9% | 1.5 | 2.9 | △5% | 3.9 | 6.8 | △5% | ||
plants | % | 9.5% | 9.9% | 11.8% | 10.9% | 11.2% | 9.4% | 10.2% | 11.8% | 11.1% | |||||
Industrial | Net sales | 11.0 | 22.5 | 22.7 | 45.2 | 10.5 | △5% | 11.0 | 21.5 | △4% | 23.0 | 44.5 | △1% | ||
Operating | 1.6 | 3.1 | 2.9 | 6.0 | 1.5 | △4% | 1.4 | 2.9 | △7% | 3.2 | 6.1 | 2% | |||
products | income | ||||||||||||||
% | 14.1% | 13.8% | 12.6% | 13.2% | 14.2% | 12.8% | 13.5% | 13.9% | 13.7% | ||||||
Advanced | Net sales | 4.8 | 10.4 | 11.3 | 21.6 | 6.2 | 29% | 4.8 | 11.0 | 6% | 11.0 | 22.0 | 2% | ||
Operating | 0.5 | 1.4 | 1.3 | 2.8 | 0.9 | 66% | 0.6 | 1.5 | 6% | 1.3 | 2.8 | 2% | |||
products | income | ||||||||||||||
% | 11.0% | 13.7% | 11.9% | 12.7% | 14.2% | 12.9% | 13.6% | 11.8% | 12.7% | ||||||
Autoparts | Net sales | 11.2 | 22.3 | 21.4 | 43.7 | 7.7 | △32% | 7.8 | 15.5 | △30% | 19.5 | 35.0 | △20% | ||
incomeOperating | 1.0 | 1.8 | 1.2 | 3.0 | △0.0 | - | △0.1 | △0.1 | - | 1.1 | 1.0 | △66% | |||
% | 8.9% | 7.9% | 5.7% | 6.8% | △0.3% | △1.0% | △0.6% | 5.6% | 2.9% | ||||||
Building | Net sales | 6.8 | 15.0 | 17.5 | 32.5 | 6.2 | △9% | 5.8 | 12.0 | △20% | 15.0 | 27.0 | △17% | ||
Operating | 0.1 | 0.6 | 0.9 | 1.5 | 0.1 | △40% | △0.3 | △0.2 | - | 1.0 | 0.8 | △48% | |||
materials | income | ||||||||||||||
% | 1.4% | 4.1% | 5.2% | 4.7% | 0.9% | △4.4% | △1.7% | 6.7% | 3.0% | ||||||
Total | Net sales | 47.4 | 101.0 | 107.9 | 208.9 | 43.0 | △9% | 45.5 | 88.5 | △12% | 101.5 | 190.0 | △9% | ||
income | 4.5 | 10.0 | 10.5 | 20.4 | 3.8 | △15% | 3.2 | 7.0 | △30% | 10.5 | 17.5 | △14% | |||
Operating | 9.4% | 9.9% | 9.7% | 9.8% | 8.8% | 7.0% | 7.9% | 10.3% | 9.2% | ||||||
% | |||||||||||||||
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Investment & Depreciation cost Trends
(Unit: Billion yen)
140
14
120
12
100
10
80
8
60
6
40
4
20
2
0
0
Energy & Industrial plant | Industrial products | ||
Autoparts | Building materials | ||
Depreciation | 98 | |||
83 | 9.8 | |||
8.3 | ||||
65 | ||||
6.5 | ||||
4.3 | ||||
4.7 | 43 | |||
3.8 | 4.6 | 4.0 | ||
3.3 | 28 | |||
2.8 |
Advanced products | 他 |
Others
12.8 12124.8
108
100
10.0
9.0
5.8 | 6.3 | 6.5 |
4.8
13/3期 | 14/3期 | 15/3期 | 16/3期 | 17/3期 | 18/3期 | 19/3期 | 20/3期 | 21/3期 |
FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 |
予想 | 予想 | |||||||
forecast | ||||||||
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Shareholder's return Trends
(Unit: Yen)
Focused on maintaining stable dividends to shareholders.
Continue to consider share buyback in the light of the balance with growth & investment.
80 | 76 | 76 | ||||||
68 | ||||||||
60 | 60 | |||||||
52 | ||||||||
42 | ||||||||
40 | 24 | 26 | 30 | 34 | ||||
20 | ||||||||
20 | ||||||||
12 | ||||||||
0
FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 forecast
The reverse stock split was carried out on a one-for-two basis on 1st October, 2018.
The amount shown on the above graph is based on the assumption that the reverse stock split was carried out at the beginning of the FY2009.
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Points of Attention
The content of this material only presents information under the conditions stated herein and may not cover all possible conditions. In addition, while utmost care is taken with regard to the accuracy of the content in drafting this material, please understand that none of the information, explanation or recommendations included in this material provides any kind of guarantee. This material includes confidential information, such as knowledge or know-how, etc., of our company. Please refrain from using all or part of this material for purposes other than the purpose of the submission of this material to your company, or from disclosing the same to any third party. We do not guarantee that the method of use, etc. included in this material does not infringe upon any intellectual property of a third party.
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Nichias Corporation published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 06:02:07 UTC