Ebara : Six Months Ended June 30, 2023(Presentation)

Results Presentation

for Six Months Ended June 30, 2023 EBARA (6361)

August 14, 2023

Table of Contents

Points of Results	P3
1. FY23 1Q Summary of Results
・Consolidated	P5
・Segment	P6
・Breakdown of Changes in Operating Profit	P7
・Revenue by Region	P8
2. FY23 1Q Results by Segment
・Building Service & Industrial	P10
・Energy	P11
・Infrastructure	P12
・Environmental Solutions	P13
・Precision Machinery	P14
3. FY23 Forecast
・Consolidated	P16
・Segment	P17
・Breakdown of Changes in Operating Profit	P18

4. Progress of Medium-term	P20
Management Plan E-Plan 2025
5. Appendix
・Orders	P26
・Revenue	P27
・Operating Profit	P28
・Backlog of Orders	P29
・Revenue by Region	P30
・Service & Support (S&S) Revenue	P31
・Balance Sheet	P32
・Cash Flows	P33
・CAPEX, Depreciation and Amortization,	P34
R&D Expenses
・ESG Topics	P35
・Change in Business Segments	P36

• Abbreviations: FY: fiscal year (FY23: fiscal year ending December 31, 2023)/1Q: 1Q figures/1-2Q,1-3Q,1-4Q: cumulative total from 1Q to each quarter
• Figures in this document are based on IFRS

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Points of Results

FY23 1-2Q Results

FY23 Forecast

YoY*

Change Vs. Plan*

Orders

¥367.6

B.

¥-31.7 B.

↘

¥-4.8 B.

→

Orders

¥763.0

B.

-7.9%

-1.3%

Revenue

¥363.8

B.

¥51.4 B.

↗

¥2.8 B.

→

Revenue

¥747.0

B.

+16.5%

+0.8%

Operating Profit

¥33.7

B.

¥6.5 B.

↗

¥1.8 B.

↗

Operating Profit

¥71.0

B.

+24.2%

+5.8%

OP Ratio

9.3%

+0.6pts

+0.5pts

OP Ratio

9.5%

YoY*		Change Vs.P.Plan*
¥-52.2 B.	↘	¥23.0 B.	→
-6.4%	+3.1%
¥66.1 B.	↗	-	→
+9.7%	-
¥0.4 B.	→	-	→
+0.6%	-
-0.9pts		-

* ↗ +5% change or more ↘ -5% change or more → less than ± 5% change

Topics

FY23 1-2Q

Results

• Orders remained at a high level; revenue and operating profit reached record highs for the 2Q.
• Orders decreased significantly in Precision Machinery, but were offset by Energy, Building Service & Industrial, and others, maintaining a high level overall.
• Operating profit increased as the increase in fixed costs was offset by the effect of higher revenues.

FY23	◼ Energy: Revised full-year forecasts upward based on strong first-half performance
Forecast	◼ Precision Machinery: Revised full-year forecasts downward in light of market slowdown and earnings outlook
◼ Orders increased while revenue and operating profit remained unchanged from the previously announced forecasts.
	◼ From this fiscal year, started disclosing business results in new segments based on the target market (former Fluid
Other
	machinery & systems was subdivided into three segments).

3	Copyright(c) Ebara Corporation, All rights reserved

1. FY23 1-2Q Summary of Results
2. FY23 1-2Q Results by Segment
3. FY23 Forecast
4. Progress of Medium-term Management Plan E-Plan 2025
5. Appendix

4	Copyright(c) Ebara Corporation, All rights reserved

1. FY23 1-2Q Summary of Results

Consolidated

(billions of yen) Announced date(m/d/y)

Orders

Revenue

Operating Profit

OP Ratio

Profit Attributable

to Owners of Parent

Exchange Rate

Vs. USD (JPY)

Vs. EUR (JPY)

Vs. CNY (JPY)

FY22 1-2Q	FY23 1-2Q	Change	Change %
a	b	b-a	(b-a)/a
399.4	367.6	-31.7	-7.9%
312.4	363.8	+51.4	+16.5%
27.1	33.7	+6.5	+24.2%
8.7%	9.3%	+0.6pts
18.0	20.5	+2.5	+13.9%

122.89	134.79	+11.90
134.22	145.66	+11.44
18.97	19.46	+0.49

FY23 Plan 23/05/15 c

372.5 361.0 31.9 8.8% 19.2

130.00 137.00 19.50

Change	Change %
b-c	(b-c)/c
-4.8	-1.3%
+2.8	+0.8%
+1.8	+5.8%
+0.5pts
+1.3	+7.2%

+4.79 +8.66 -0.04

5	Copyright(c) Ebara Corporation, All rights reserved