Financial Results for 3Q of FY2017 ending March February 8, 2018

Transcription

1 Financial Results for 3Q of FY2017 ending March 2018 February 8, 2018

2 Financial summary 1 Gross profit, operating income, ordinary income, and net income of first three quarters of FY2017 continued to update an all-time high record. FY2016 3Q Result FY2017 3Q Result Change FY2017 Forecast 3Q Progress rate New orders 1, , , % Net Sales 1, , , % Gross Profit % % 10.2 Pt % 77.5% Operating income % % Pt % 81.9% Net income attributable to owners of parent % % 4.3 Pt % 83.5% Net income per share ( ) % We conducted 1-for-5 consolidation of shares on October 1, 2017, and net income per share is calculated based on the assumption that the consolidation of shares was executed at the beginning of FY2016.

3 2 New orders Consolidated 1,50 1, % 1, , % 1, (4.5) Civil engineering (19.9) (3.6) 78.1 FY2015_3Q FY2016_3Q FY2017_3Q Note: Percentages indicate the rate of change from the previous fiscal year. Building construction Real estate development (and other)

4 3 Major new orders [Civil engineering] Non-consolidated Project Client Construction of Southern Alps tunnel of Chuo- Shinkansen (Shizuoka section) Interim storage facility for FY2017 (Futaba district two) soil interim storage facility construction Renewal project of Ebie Sewage Treatment Plant in Osaka city Construction of first Chukyo area tunnel of Chuo- Shinkansen (saio section) Minamiyama eastern land readjustment project third term debt burden construction Central Japan Railway Company Ministry of the Environment Ebie Waterlink Co., Ltd. Central Japan Railway Company Minamiyama eastern land readjustment association : Public : Private

5 4 Major new orders [Building construction] Non-consolidated Project Client Construction work of the international facility terminal 2 at Tokyo International Airport (provisional name) Ohtemachi Plan (provisional name) Marunouchi 3-2 Project Improvement work of Ginza Station and other two stations of Ginza Line (building construction, electric engineering and civil engineering) Construction work of Tachibana Treatment Center Japan Airport Terminal Co., Ltd. Ohtemachi 142 special purpose company Mizuho Financial Group, Inc. Japanese Bankers Association Mitsubishi Estate Co., Ltd. Tokyo Metro Co., Ltd. Kawasaki City : Public : Private

6 5 Net sales Consolidated 1,50 1, ,114.4 (95.4) (8.6%) 1, (19.9) % 7.4 1, Civil engineering (66.1) Building construction Real estate development (and other) 9 (9.4) 80.6 (3.4) 77.2 FY2015_3Q FY2016_3Q FY2017_3Q Note: Percentages indicate the rate of change from the previous fiscal year.

7 6 Gross profit Consolidated % % % pt pt pt ± (0.2) % 2.3pt 16.1% 16.7% 15.1% 22.0% % (0.7) (1.4pt) % 13.7% 22.7% FY2015_3Q FY2016_3Q FY2017_3Q Note: Pt in blue ink indicate changes from the previous fiscal year pt 0.7pt 20.1% Civil engineering Building construction Real estate development (and other)

8 7 Ref. Gross margin ratio Non-consolidated 25.0 % (1.5) Overall construction Civil eigineering Building construction 5.0 FY2015_3Q FY2016_3Q FY2017_3Q

9 8 SG&A expenses Consolidated % pt % (0.1) (0.4pt) % Civil engineering (0.2) (0.1) FY2015_3Q FY2016_3Q FY2017_3Q Note: Pt in blue ink indicate changes from the previous fiscal year. 0.1 Building construction Real estate development (and other)

10 9 Operating income Consolidated % pt % pt % 44.6 Civil engineering Building construction (0.5) Real estate development (and other) (0.2) 7.7 FY2015_3Q FY2016_3Q FY2017_3Q Note: Pt in blue ink indicate changes from the previous fiscal year.

11 10 Profit attributable to owners of parent Consolidated % Operating income 10.3 Non-operating income (expenses) Extraordinary (2.3) income (losses) (2.9) Income taxes and others (0.8) Profit (loss) attributable to noncontrolling interests ± % 4 2 Profit attributable to owners of parent % FY2016_3Q 列 4 列 3 列 1 列 12 列 2 列 22 FY2017_3Q 列 5

12 Disclaimer 11 This information was created for the purpose of providing information that will help investors make informed decisions. It was not created to solicit investors to buy or sell Taisei Corporation's stock. The final decision and responsibility for investments rests solely with the user of this information. Furthermore, Forecast given in this information are based on assumptions and beliefs of Taisei Corporation at the time of preparation and are subject to variety of risks and uncertainties. Actual results may vary significantly from Forecast due to factor including, but not limited to, changes in the economic environment and exchange rate fluctuations. If there is any discrepancy between Japanese "Kessan Tanshin" and this document, Japanese "Kessan Tanshin" will prevail.