Ebara Jitsugyo : Supplementary Materials for Financial Results for the Year Ended December 31, 2022(1.33MB)

Year Ended December 31, 2022

Supplementary Materials for Financial Results

February 10, 2023

EBARA JITSUGYO CO., LTD.

Table of Contents

1. FY2022 Summary
   FY2022 Summary
2. FY2022 Financial Results Overview

FY2022 Results Highlights

FY2022 Financial Summary FY2022 Results Trends by Segment Results by Segment (Year-on-Year)

Trends in Net Sales, Gross Profit, Orders Received, and Orders Backlog

3. FY2023 Business Plan

FY2023 Business Plan

Business Plan Assumptions (by segment) Trends and Strategies by Segment

Demand Trends for Infectious Diseases Control Equipment

4. Shareholder Returns

Dividends

Treasury Shares

5. Progress of Medium-Term Management Plan [EJ2024]

Status of Net Sales and Operating Profit

Management Indicators and Numerical Targets

Progress and Results of Initiatives

Investment Strategy (2022－2024)

6. Reference Materials

Corporate Philosophy / Management Concept Our Business

History

Business Overview by Segment Results Trends (past 10 years) Performance (annual)

© EBARA JITSUGYO CO., LTD.

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FY2022 Summary

Market condition

• Demand for renewal of waterworks and sewage facilities, as well as demand for disaster prevention and mitigation, remains strong
• Private capital investment is recovering
• Delays in construction progress and product shipments due to shortages in the supply of materials and equipment
• Demand for "infectious diseases control equipment," which drove performance in the previous fiscal year, has settled down

Financial Highlights for FY2022

• Net sales were 30.2 billion yen and operating profit was 2.7 billion yen, and both sales and profit decreased
• Delays in recording orders and sales due to shortages in the supply of materials and equipment
• Significant increase in the orders backlog due to delay in recording sales

FY2023 Business Plan

• Expect both sales and profit to increase, with net sales of 35.0 billion yen and operating profit of 3.5 billion yen
• Net sales will increase due to progress of high-level orders backlog
• Will maintain profit margin by absorbing price increases in raw materials and other costs through price pass-throughs and cost-reduction efforts

Shareholder Returns

• Maintained dividend amount despite the decrease in profit, prioritizing stable dividends (payout ratio: 48%)
• Repurchased and canceled treasury shares as part of shareholder returns

© EBARA JITSUGYO CO., LTD.

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FY2022

Financial Results Overview

© EBARA JITSUGYO CO., LTD.

FY2022 Results Highlights

Net Sales

Operating Profit

Profit

30.2

2.7

2.1

bn yen (- 6.9%)	Orders received	34.6 bn yen (- 1.1%)
bn yen (- 30.8%)	Orders backlog	29.2 bn yen (+ 15.8%)
bn yen (- 31.4%)	* Figures in parentheses are year-on-year changes

	Dec. 2020	Dec. 2021	Dec. 2022	Year-on-Year
(Unit: mn yen)		Ratio (%)		Ratio (%)		Ratio (%)	Change (%)	Change
Net Sales	30,250	100.0	32,485	100.0	30,229	100.0	- 6.9	- 2,256
Gross Profit	9,010	29.8	10,489	32.3	9,282	30.7	- 11.5	- 1,207
SG&A expenses	5,795	19.2	6,507	20.0	6,525	21.6	+ 0.3	+ 18
Operating Profit	3,214	10.6	3,982	12.3	2,756	9.1	- 30.8	- 1,226
Ordinary Profit	3,363	11.1	4,110	12.7	2,929	9.7	- 28.7	- 1,181
Profit	2,342	7.7	3,159	9.7	2,169	7.2	- 31.4	- 990
Orders received	34,000	-	35,014	-	34,643	-	- 1.1	- 371
Orders backlog	22,727	-	25,256	-	29,250	-	+ 15.8	+ 3,994

© EBARA JITSUGYO CO., LTD.

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