Autobacs Seven Co., Ltd. · TSE:9832
Autobacs Seven — Q1 FY March 2020 Earnings Presentation
18 slides from Autobacs Seven's earnings presentation, Jul 31, 2019
Slide 1: Results for the Three Months ended June 30, 2019
【Reference】 Translation Results for the Three Months ended June 30, 2019 July 31, 2019 AUTOBACS SEVEN CO., LTD.
Slide 2: Q1 FY March 2020 Consolidated P/L
Q1 FY March 2020 Consolidated P/L Increase in net sales and net profit: Net sales and gross profit increased and operating income increased from LY. In addition to strong sales of tires, dashcams continued to enjoy favorable sales following the previous year. Gross profit improved not only in the AU
Slide 3: Segment Information
Segment Information (Million Yen) Three months Three months ended June 30, ended June 30, YoY Summary 2019 2018 Sales 41,329 40,797 +1.3% Sales and gross profit increased Domestic due to strong sales of tires and Gross profit 13,008 11,967 +8.7% dashcams. SG&A expenses AUTOBACS increased because con
Slide 4: Sales and profits of Reporting Segments
Sales and profits of Reporting Segments Sales Profits （Million Yen） （Million Yen） 45,000 3,000 2,766 40,797 41,329 2,331 40,000 2,500 2,000 Q1 FY2019 35,000 1,500 Q1 FY2020 30,000 1,000 25,000 500 107 107 20,000 0 -115 -34 15,000 -500 -212 8,251 -467 10,000 7,537 -1,000 2,988 -1,500 5,000 2,558 -1,4
Slide 5: Retail Sales in Total AUTOBACS Group Stores
Retail Sales in Total AUTOBACS Group Stores RETAIL SALES INCLUDING FCs: 61.9 billion yen (+4.5% YoY) (Billion Yen) 70 59.2 61.9 1.1 Second hand goods & Fuel: 1.1BY (-8.0% YoY） 60 1.2 4.7 4.3 Statutory safety inspection: 4.7BY (+9.2% YoY) 6.4 50 6.1 Number of cars inspected： 155,000 cars (+10.6% YoY)
Slide 6: Non-Consolidated and Domestic Store Subsidiaries
Non-Consolidated and Domestic Store Subsidiaries （Million Yen） Non-consolidated Domestic Store Subsidiaries Results YoY Results YoY Net Sales 35,863 -99 12,909 +1,093 Gross 7,320 ＋332 5,615 +566 Profit(%) (20.4%) (+1.0pt) (43.5%) (+0.8pt) SG&A 6,625 +248 5,460 +343 Operating 694 +84 155 +223 Income
Slide 7: Sales Trend: Retail & Wholesale
Sales Trend: Retail & Wholesale 【YoY change for the last 12 months】 20% Wholesale increased due to Sales Wholesale pre-delivery of products for Strong sales of winter items 15% due to the cold wave Holidays (Golden Week) 11.0% 10.3% 9.5% 9.0% 10% 5.7% 4.7% 5% 3.6% 3.4% 2.0% 3.9% 4.4% 4.3% 3.4% 2.5%
Slide 8: Total Number of Purchasing Customer and Average Purchasing Price Per Customer
Total Number of Purchasing Customer and Average Purchasing Price Per Customer 【YoY change for the last 12 months】 10.0% Total Number of Purchasing Customer 8.8% Average Purchase Price Per Customer 8.0% 7.3% 6.0% 4.8% 4.1% 3.5% 4.9% 3.7% 4.0% 4.0% 2.8% 1.7% 2.0% 0.8% 0.5% 0.5% 0.0% 1.3% 0.0% -0.3% -0
Slide 9: Sales Variance by Merchandise (Q1 FY2020)
Sales Variance by Merchandise (Q1 FY2020) Sales* changes by merchandise category (Million Yen） (YoY change in amount; total store basis) 800 Car navigation device: -190 MY Dashcams:+620 MY 610 600 521 Electronic devices installation services: +310 MY Tire & wheel installation services: +110 MY 400 4
Slide 10: Automobile purchase and sales business
Automobile purchase and sales business BtoB Sales Retail Details No. of cars sold Details No. of cars sold To AUTOBACS 773 Used cars 1,835 Seven Sales to AA via 1,095 New cars 1,033 AUTOBACS Seven Direct sales 2,785 from stores BtoB total 4,653 Retail total 2,868 Toal 7,521 cars YoY +9.5% ※Include s
Slide 11: Performance by Overseas Subsidiaries
Performance by Overseas Subsidiaries (Million Yen） France Thailand Singapore Chine Malaysia Australia Number of 11 16 3 0 4 0 stores* Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Period FY2020 FY2019 FY2020 FY2019 FY2020 FY2019 FY2020 FY2019 FY2020 FY2019 FY2020 FY2019 Net sales 1,852 2,014 170 101 336 310 2
Slide 12: Making a statutory safety inspection provider a subsidiary
Making a statutory safety inspection provider a subsidiary To develop a new network, a statutory safety inspection provider was made into a subsidiary in June 2019. Seiwa Automobile Sales Co., Ltd. Location：Rittou-shi, Shiga Prefecture Business description：Car repair and maintenance Capital：10 Milli
Slide 13: Products for "Safety and Security"
Products for “Safety and Security” Because of multiple reports in the media of accidents due to mistakenly hitting the accelerator instead of the brake, goods for security and safety are currently attracting attention from customers. Pedal WatcherⅡ Price：40,000 yen (electric wiring for each car type
Slide 14: Price hike for tires
Price hike for tires Given an announcement of a hike in shipment prices by tire manufacturers in Japan, the Group plans to change the delivery price to stores as well as storefront prices. Date: October 1, 2019 Target: All summer/winter seasonal tires *Excluding some private brand tires 13
Slide 15: Store Openings and Closings
Store Openings and Closings Domestic stores Fiscal year ending March 31, 2020 (Plan) Q1 (results) No. of Q2 – Q4 (Plan) No. of No. of stores stores as of stores as of as of March New S/B・R/L Close June 30, New S/B・R/L Close March 31, 31, 2019 2019 2020 AUTOBACS 493 +1/-1 493 +3 +1/-1 -4 492 Super AU
Slide 16: Balance Sheet / Assets
Balance Sheet / Assets 183.0BY 182.7BY 202.1BY 181.3BY 178.3BY (Billion Yen) 30.4 Cash and deposits 40.8 37.3 30.6 31.3 Trade notes 35.0 and account receivables 25.1 24.9 26.0 26.0 21.9 Merchandise 19.6 20.5 17.5 18.6 Accounts receivable 30.0 14.2 16.6 22.6 14.8 Other current assets 9.9 10.8 10.3 10
Slide 17: Balance Sheet / Liabilities & Net Assets
Balance Sheet / Liabilities & Net Assets 183.0BY 182.7BY 202.1BY 181.3BY 178.3BY (Billion Yen) Accounts payable ST borrowings 34.9 Accounts receivable 22.2 23.6 21.2 20.3 3.1 Other current 4.4 3.2 17.8 2.4 1.5 liabilities 10.5 10.6 13.5 11.8 LT debts 6.8 1.3 7.0 7.1 2.07.1 1.3 1.3 1.4 7.8 Other fixe
Slide 18: Forward-Looking Statements
Forward-Looking Statements These materials include forecasts regarding the Company’s future plans, strategies, and performance. This information is based on judgments and estimates made in accordance with information currently available. Actual results may differ materially from forecasts due to suc
Autobacs Seven — Q1 FY March 2020 Earnings Presentation on 6ix