Table of Contents 1. Review of previous Mid-term Business Plan (2012-2014) 2. Environment analysis for the next three years 3. Countermeasures and strategies 4. Quantitative goals 5. What we want to be 10 years from now 2
1. Review of previous Mid-term Business Plan (2012-2014) 2. Environment analysis for the next three years 3. Countermeasures and strategies 4. Quantitative goals 5. What we want to be 10 years from now 3
1-1. Review : Projects Secured orders in Brazil and Africa, our major target regions 2012 2013 2014 Petrobras Petrobras Petrobras Carioca FPSO Tartaruga FPSO Iracema Norte (Brazil) (Brazil) FPSO (Brazil) Tullow TEN FPSO…
1-2. Review : Financial Results Revenue 378.5 billion yen (3,140 million USD) Operating profit 8.5 billion yen (71 million USD) / (12.8 billion yen before deferred profit adjustment) Revenue Revenue Operating Profit Operating Profit…
1-3. Review : New Business Development Executed R&D for LNG and other new business skwid DWAL LiBro FLNG Floating Wind & Current Deep Water Air Lift Hybrid Power Generation system system Executed FEED* Completed prototype unit…
1. Review of previous Mid-term Business Plan (2012-2014) 2. Environment analysis for the next three years 3. Countermeasures and strategies 4. Quantitative goals 5. What we want to be 10 years from now 7
2-1. External Environment Later half of 2014-2015 2016 Mid-long term view Shale development will slow Energy demand will increase Macro Economy slowed down, down, energy demand will due to growth in global shale oil & geopolitical…
2-1. FPS Market Floating Production Systems (in service, on order, prospectsas of April 2015 FPS market will continue to expand Northern Europe China Canada 27 9 8 10 48 16 2 Mediterranean Southeast Asia Gulf of Mexico 13 36…
2-2. Internal Environment Revenue from EPCI has expanded due to increase in project Earning sizes and stable order intake Capability Constant profit from charter business has increased as an outcome of accumulation of good charter…
2-2. Robust Charter/O&M Experiences 2000 2015-2017 O&M experiences: O&M experiences: 7 years + Charter projects 200 years + First oil during 2015-2017 EPCI track record: EPCI track record: MV29 11 projects + Charter/O&M projects 45…
2-2. Focus on High-spec Projects FPSO Awards (2010-2015) As of April 2015 Production (bopd) Contractor managed project MODEC Project Oil company managed project 200,000 High-spec projects (Larger/Complex/Deeper) Larger production…
2-3. Environment Analysis Summary Internal External Strength Well-balanced earnings structure Oppor- Expansion of technically between EPCI and charter tunities challenging projects esp. in Track record in large scale and deep…
2-4. What is ASSET INTEGRITY ASSET INTEGRITY is Asset To design and construct a Management facility which can produce oil and gas stably and efficiently in a long period as required by clients, FEED and To maintain the…
1. Review of previous Mid-term Business Plan (2012-2014) 2. Environment analysis for the next three years 3. Countermeasures and strategies 4. Quantitative goals 5. What we want to be 10 years from now 15
3-1. ASSET INTEGRITY enhancement Pursue higher customer satisfaction Provision of design and production service necessary Customer for long term and stable oil and gas production ASSET INTEGRITY enhancement perspective New…
3-2. New Business Development Continuous endeavor for the future business Natural gas hydrates Submarine hydrothermal Rare earth elements polymetallic ore deposit Source: JOGMEC Source: JOGMEC, University of Tokyo (Left)…
3-3. Strengthening Competitiveness Pursue higher customer satisfaction Customer Provision of FEED, EPCI and production services perspective with competitive price and quality Strengthening competitiveness Strengthening…
3-4. Countermeasures and Strategies Revenue 3,500 million USD Finance Net profit 100 million USD perspective ROE 10% Customer Pursue higher customer satisfaction perspective ASSET INTEGRIGY enhancement Internal Strengthening…
1. Review of previous Mid-term Business Plan (2012-2014) 2. Environment analysis for the next three years 3. Countermeasures and strategies 4. Quantitative goals 5. What we want to be 10 years from now 20
size Net profit 4. Quantitative Goals color Net profit ratio Robust & well-muscled structure to realize 20 Net profit (million USD) number Revenue 7% Net profit ratio(%) further growth (Million USD) Improvement of earning…
1. Review of previous Mid-term Business Plan (2012-2014) 2. Environment analysis for the next three years 3. Countermeasures and strategies 4. Quantitative goals 5. What we want to be 10 years from now 22
5. What we want to be 10 years from now MODEC WILL BE THE NO.1 ENERGY PRODUCTION SERVICE PROVIDER by utilizing variety of floating facilities. 23
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