Financial Results
Presentation for
FYE 3/2021
May 21, 2021

MIRAIT Holdings Corporation

Today’s Agenda
Ⅰ

Financial Results for FYE 3/2021

ⅡFYE 3/22 full-year forecast
１ FYE 3/22 full-year forecast
２ Shareholder Returns

ⅢTopics

Ⅳ

Progress on Proposed Restructuring/
Merger of Three Companies（Note）”Net income attributable to owners of parent” is referred to as “net income” in this presentation.

1

Ⅰ．Financial ResultsOrders received
+28.4
474.9

446.5
（bil. yen）（+28.4 bil. yen yoy）

148.7
131.0
51.0

54.3
106.2

■ ICT
■ Environmental& Social■ Multi-carrier■ ＮＴＴ474.9 bil. yen

154.8

FYE 3/20○Work to build advanced
wireless networks○Rakuten projects nation-wide

110.7

164.4

○Projects for educational
facilities (GIGA School)▲Mega-solar projects

Record-high orders
FYE 3/213

Net sales

+22.6
463.7

441.1

463.7 bil. yen（+22.6 bil. yen yoy）

375.9
（bil. yen）

312.9

5th consecutive
year ofrecord-high sales
driven by ICTbusiness■ ICT■ Environmental& Social■ Multi-carrier■ ＮＴＴFYE 3/18

FYE 3/19

FYE 3/20

FYE 3/214NTT BusinessNet sales

157.0 bil. yen（＋0.7 bil. yen yoy）

○Facility management▲Civil engineering

5Multi-carrier BusinessNet sales

98.2 bil. yen（+1.0 bil. yen）

○Rakuten projects
nation-wide○CATV work

▲Delays in projects
6Environmental & Social
Innovation BusinessNet sales58.1 bil. yen（▲8.6 bil. yen）

○Air conditioning○Water utility/ sewage▲Mega-solar▲Electrical work
7

ICT Solutions BusinessNet sales

150.3 bil. yen（+29.5 bil. yen）

○Domestic LAN/ Wi-Fi○Sales of goods(GIGA school and mobile-related)▲Lantrovision8

Operating income

30.1 bil. yen
30.1+8.26.5%（bil. yen）

20.6

219

（+8.2 bil. yen yoy）

Operating income ratio

6.5％

16.7
Operatingincome ratio

5.3%

2018.3

Record-high

5.5%

55.0%

2019.32020.3for the thconsecutive year
2021.39

Operating income
Gross profit margin＋1.3p+6.0-0.5

Operating income

30.1

SG&A

（bil. yen）

30.1 bil. yen（+8.2 bil. yen）

Increase in
net sales

+2.7

21.9

○Further operational
efficiency

SG&A ratio-0.2p○Improved SG&A ratio○Contribution of ICT businessFYE 3/20

FYE 3/21

10

Net income
25.7（bil. yen） Negative goodwill
10.024.2
Sale of policy
shareholdings+9.0

Net income

24.2 bil. yen（+9.0 bil. yen yoy）

15.2
11.5
15.7

FYE 3/18

FYE 3/19

FYE 3/20

FYE 3/21

Improved profit
margin＋
Sale of policy
shareholdings
11Medium-term Plan (FYE 3/20~3/22) targets versus actual
Medium-term Target（for FYE 3/22）

Actual（FYE 3/21）

Net sales

450.0 bil.yen

463.7 bil. yen

Op. income

27.0 bil. yen

30.1 bil. yen

Op. income ratio
ROE6%

more than 8%

6.5％
11.0%

Targets achieved one year in advance12Ⅱ． FYE 3/22
full-year forecast

FYE 3/22 full-year forecast

Orders received
Net sales
Operating income

480.0 bil. yen
470.0 bil. yen
30.5 bil. yen

Make the strong earnings results
achieved in FYE 3/21
Mirait’s ”True Potential”

14

Shareholder returns

Strengthenshareholder returns
Dividend 45 yen ⇒ 50 yen（2nd consecutive year of dividend increase）

Share repurchase 3.0 bil. yen（3rd consecutive year of share repurchase）
15Ⅲ．Topics

Developing multi-skilled engineers

Reducing costs and securing workforce

Nation-wide deployment of fixedcommunication engineers for mobile
base station inspection work

Productivity gains
17

Consolidation/ integration of mobile-related work

Streamline/ consolidate operational processes toenhance efficiency
Primary
contractor

Mobile businessTransfer of business

New Company

New Company

Subsidiaries

Mirait Mobile West

Mirait Mobile East

Consolidate into ２ companies （East and West）

SubsidiaryA

SubsidiaryB

SubsidiaryC

SubsidiaryD

SubsidiaryE

Subsidiary
F18

Verification test for e-Sports

Participating in the building of local 5G
networks and technological tests(Local 5G Verification Test by Ministry of Internal Affairs and Communication)

Performance evaluation of local 5G
and testing of area systems

Creation of optimal
5G environment
19

Leveraging drones in a “with COVID”
environment

Launch of service for anti-bacterial/anti-virus coating
Reduce frequency of sterilization
required at event venues

Resolving socialissues（Preventing spread of infection）（Mentioned in the media: 19
newspapers/ TV）

20

－Accelerating the transformation of the business structure－Steps for restructuring/ merger of three companies
ＳＴＥＰ１

Apr.

Jul.

▼▼

ＳＴＥＰ２

FY 2021

FY 2022

Oct.
▼Launch of “ONE TEAM” initiative
Frontier Business

Global Business

Solutions Business

HDMerger

MRTNew Company

MTC

New Company Preparation Office22

Outline of New Company
Adoption of division company system
Agile and flexible business operations
Solutions business

SolutionsCompanyCarrier business

East Company

West Company

Consolidation of back-office/ common functions
Strengthen management base through consolidation/achieve outstanding efficiency
・General Affairs ・PR ・Finance/ accounting・HR・Audit・IT systems etc.

Consolidate23

Reference: purpose of restructuring/ merger
Transforming the Business Structure

ＡＢ

Solutions and othernew domains as corebusinesses

Improving profitabilityof existing businesswith carriers“With COVID-19”

ＣStrengthening
the management base・ Group management

・ Brand・ HR・ Safety/quality

・ IT systems

24Building and Maintaining a Bridge to the Future25

Precautionary Statement
Statements and quotes relevant to the forecasted values in thishandout are the future prospects based on the plans and prospects ofthe Company at this point in time.
The actual business results could be significantly different from thosestated in this handout due to changes in conditions.
As such, please be advised that we will not be able to guarantee theaccuracy of the forecasted values, in this handout and the session,over the period of time to come in the future.

MIRAIT Holdings Corporation26