Keio : FY2022 2nd Quarter Financial Results (Presentation)

FY2022 2nd Quarter

Financial Results

− Held on November 10, 2022 −

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Contents

1. FY2022 2nd Quarter Results

1. FY2022 Full-Year Earnings Forecasts

1. Progress of Medium-Term Management Plan IV. Reference Material

President and Representative Director,	Satoshi Tsumura
President and Executive Officer
Director, Managing Officer	Masahiro Ono
(in charge of Finance and Information Disclosure)

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I. FY2022 2nd Quarter Results

1. Performance Summary
2. FY2022 2nd Quarter Results
3. Operating Revenues / Operating Profit Change Factors (YoY Comparison)
4. Status of Main Businesses
5. Performance by Segment
6. Operating Revenues / Operating Profit Change Factors (vs. Initial Plan)

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I. FY2022 2nd Quarter Results

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1. Performance Summary

FY2022 2nd Quarter Results

• Operating revenues totaled 1,588 hmy as revenues were up across all segments year on year.
• Operating profit totaled 94 hmy and profit attributable to owners of parent came in at 42 hmy amid improved performance across every segment except other businesses.
• Compared to the initial plan, operating revenues declined 55 hmy as every segment fell short of its target apart from transportation, while operating profit increased 6 hmy as each segment reached its target excluding merchandise sales and other businesses.

FY2022 Full-Year Earnings Forecasts

• After revising forecasts based on performance in the first half, we now project operating revenues will total 3,396 hmy (downward revision of 64 hmy).
• Given first half performance and the outlook for the second half, while each segment will vary, we have left the forecast unchanged for operating profit, ordinary profit and profit attributable to owners of parent.
• We plan an annual dividend of 40.0 yen per share.

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I. FY2022 2nd Quarter Results

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2. FY2022 2nd Quarter Results

• Improvements were seen in the 1st quarter (April - June) compared to the previous year amid the easing of COVID-19 restrictions.
• The recovery slowed in the 2nd quarter (July - September) due to the resurgence of COVID-19 cases in July, which continue thereafter.

				(Units: ￥hundred million)
	FY2022 1Q	FY2022 2Q	FY2022
	result	result	1H	YoY change	vs. initial plan
	(Apr-Jun)	(Jul-Sep)	(Apr-Sep)
Operating Revenues	797	791	1,588	209	-55
Operating Profit	51	42	94	107	6
Ordinary Profit	57	38	95	87	18
Profit Attributable to	17	25	42	53	24
Owners of Parent
EBITDA	122	114	236	93	3
Depreciation and	70	71	142	-12	-3
Amortization
			* EBITDA is operating profit + depreciation and amortization.

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