Slide 1: Announcement of FY 2015 Year-End Results
パワーポイントテンプレート Presentation Material: Announcement of FY 2015 Year-End Results May 18, 2016 0
Slide 2: I. Results Outline
I! $177, FYF YDB, RREIDK 35 aa I .Results Outline
Slide 3: Outline of Consolidated Results for the Period Ended March 2016
1. Outline of Consolidated Results for the Period Ended March 2015 (Units: millions of yen) 2016/3 2015/3 Change From 2015/3 2015/3 Compared To Revised Plan Prev. Period (Initial Forecast (Revised Forecast (Actual Results) (Actual Results) 5/11) 11/2) 11/2 Net Sales 114,445 116,239 △1.5％ 118,000 114
Slide 4: Consolidated Profits (1) Net Sales, Gross Profit
2. Consolidated Profits (1) Net Sales, Gross Profit (Units: billions of yen) 【Increased/Decreased Values (Rates)】 【Main Increase/Decrease Factors】 116.23 114.44 Net Sales ●System Kitchens △ 1,860 million yen （CLEANLADY ＋ 2,140 million yen） △1.79 billion yen ●System Bathrooms △ 320 million yen ●Washs
Slide 5: Consolidated Profits (2) SGA Expenses, Operating Income
2. Consolidated Profits (2) SGA Expenses, Operating Income (Units: billions of yen) 【Increased/Decreased Values (Rates)】 38.70 Gross Profit 38, 000 37.11 【 Main Increase/Decrease Factors 】 △1.59billion yen ●Sales Expenses ＋ 460 million yen ●Distribution Expenses △ 290 million yen ●Personnel Expenses
Slide 6: Sales Composition (1) By Segment (Consolidated)
3. Sales Composition (1) By Segment (Consolidated) Kitchen Equipment Bathtubs & Washstands Other 【2016/3】 (Units: millions of yen) Other 5.5％ 140,000 119,000 Bathtubs & 116,239 114,445 Washstands 16.1％ 120,000 6,091 6,762 5.7％ 78.4％ 6,223 19,329 Kitchen Equipment 18,953 18,467 16.2％ 100,000 80,000 6
Slide 7: Sales Composition (2) By Sales Route (Non-Consolidated)
3. Sales Composition (2) By Sales Route (Non-Consolidated) 3.8％ 5.2％ 15.6％ 4.8％ 5.1％ 4.4％ 15.9％ 15.3％ 16.1％ 16.0％ Direct-S ales (Con domin iu m own ers) Hou sin g Con stru ctors G en eral R ou tes (Con stru ction Con tractors - Home R en ovation ) 80.3％ 80.6％ 79.1％ 78.9％ 78.9％ 0 2017/3 2014/3 2015/3
Slide 8: Consolidated Balance Sheet Summary – 1/2
4. Consolidated Balance Sheet Summary – 1/2 【Assets】 【Increased/Decreased Values (Rates)】 【Main Increase/Decrease Factors】 (Units: billions of yen) 86.06 85.87 Total Assets ●Current Assets △ 1,330 million yen ●Fixed Assets ＋ 1,140 million yen △0.19 billion yen ●Cash and Deposits △ 1,260 million yen
Slide 9: Consolidated Balance Sheet Summary – 2/2
4. Consolidated Balance Sheet Summary – 2/2 【Liabilities / Net assets】 【 Increased/Decreased Values 】 【Primary Reasons for Increase/Decrease】 100. 00 (Units: billions of yen) 86.06 85.87 ●Trade Accounts Payable, Other Accounts Payable ＋ 920 million yen ● Provision for loss on dissolution of employee
Slide 10: Consolidated Cash Flow Statement Summary
5. Consolidated Cash Flow Statement Summary Cash Flow from Operating Activities Cash Flow from Investing Activities (Units: billions of yen) Cash Flow from Financing Activities Year-End Cash & Cash Equivalents Balance 30. 00 25. 00 23.58 21.81 △17.7 20. 00 15. 00 10. 00 3.26 3.26 5. 00 +0.06 0. 00 △
Slide 11: Capital Investments (Consolidated)
6. Capital Investments (Consolidated) R&D Costs Capital Investment Deprecation Costs (Units: billions of yen) 【Major Capital Investment Details】 6.0 FY 2015 Results 5.52 ① Production-Related 2,240 million yen 5.0 ② Showroom Renovation 1,880 million yen 4.48 4.20 ③ Information Investment 1,180 millio
Slide 12: Outline of Non-Consolidated Results for the Period Ended March 2016
7. Outline of Non-Consolidated Results for the Period Ended March 2016 (Units: millions of yen) 2016/3 2015/3 Change From (Actual Results) (Actual Results) Prev. Period Net Sales 108,217 110,377 △2.0％ Operating Income 559 2,684 △79.2％ Ordinary Income 561 2,645 △78.8％ Net Income 185 1,169 △84.1％ Net
Slide 13: Non-Consolidated Sales Composition By Segment
8. Non-Consolidated Sales Composition By Segment Kitchen Equipment Bathrooms Washstands Industrial Kitchen Equipment Other (Units: millions of yen) 【2016/3】 Other Industrial Kitchen 112,800 Equipment 0.6％ 5.1％ 120,000 110,377 108,217 4.9％ 5,551 0.4％ Washstands 4.3％ 5,079 399 905 5,566 4,658 4.1％ 12.
Slide 14: Sales Results For Major Products and Cleanup Market Share - 1/3
9. Sales Results For Major Products and Cleanup Market Share - 1/3 Complete System Kitchen Sales Results Demand Trends and Market Share (Units: billions of yen) Monetary Value (Thousands of Sets) Demand Volume （％） (Thousands of Sets) 100 Volume 400 1,400 Cleanup Share 30 89.2 1,227 1,200 1,204 82.5
Slide 15: Sales Results For Major Products and Cleanup Market Share - 2/3
9. Sales Results For Major Products and Cleanup Market Share - 2/3 Modular System Bathroom Sales Results Demand Trends and Market Share (Units: billions of yen) Monetary Value Demand Volume （％） (Thousands of Sets) (Thousands of Sets) 20.0 Volume 50 1,000 Cleanup Share 10 17.7 839 15.8 43 800 8 40 74
Slide 16: Sales Results For Major Products and Cleanup Market Share - 3/3
9. Sales Results For Major Products and Cleanup Market Share - 3/3 Washstands/Vanities Demand Trends and Market Share (Units: billions of yen) Demand Volume (Thousands of Sets) (Thousands of Sets) Demand Volume （％） 6.0 Cleanup Share 150 2,000 Cleanup Share 10 1,828 5.4 1,768 1,804 5.1 1,655 5.0 4.8
Slide 17: Showrooms And Visitor Numbers
10. Showrooms And Visitor Numbers (Locations) Number of Showrooms Number of Visitors (Thousands of groups) 240 600 539 523 523 510 200 471 500 456 451 448 444 483 160 400 120 109 300 105 105 102 102 102 102 101 102 102 80 200 40 100 0 0 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 （Forecast） 16
Slide 18: Forecasted Consolidated Results for the Period Ending March 2017
11. Forecasted Consolidated Results for the Period Ending March 2017 (Units: millions of yen) 2016/3 2017/3 Change From (Actual Results) （Forecast） Prev. Period Net Sales 114,445 119,000 ＋4.0％ Operating Income 1,129 2,500 ＋121.4％ Operating Income Margin 1.0％ 2.1％ - Ordinary Income 867 2,200 ＋153.5％
Slide 19: II. Future Strategy
Ⅱ． Future Strategy Summary of Medium-Term Management Plan / Business Performance for FY2015 and Activities for FY2016 18
Slide 20: Management Environment
1. Management Environment New housing starts Increase of consumption tax rate （5％→8％） （Units） （％） 2014 2015 2016 Negative growth for 12 consecutive months Sluggish growth since the rebound （880,470 units） （920,537 units ） ＊Ministry of Land, Infrastructure, Transport and Tourism Monthly Economic Cons
Slide 21: Summary of New Medium-Term Management Plan 15 (1)
2. Summary of New “Medium-Term Management Plan 15” (1) The “Medium-Term Management Plan 15” was partially revised to enable innovations to be implemented more rapidly for the next spurt of growth, as the business environment is expected to become more severe with intensifying competition from compre
Slide 22: Summary of New Medium-Term Management Plan 15 (2) Essential Features
2. Summary of New “Medium-Term Management Plan 15” (2) Essential Features Innovations geared towards an added value (revenue) focused management Maximize added value and optimize fixed assets Profit - Enhance sales for mid to high end products. - Develop products that give competitive advantage in
Slide 23: Current Status of Principal Activities (1. Products) CLEANLADY
3. Current Status of Principal Activities (1. Products) “CLEANLADY” launched in May 2015 ＜ The “CLEANLADY” and “Nagarail Sink” continue to receive awards one after another! ＞ 2015 FY2015 Nikkei Superior Products and Services Award Good Design Best 100 Outstanding Performance Prize Remodelling Grand
Slide 24: Current Status of Principal Activities (1. Products) New Models
3. Current Status of Principal Activities (1. Products) NEW “CLEANLADY” NEW “ Ｓ．Ｓ．” High profile “Nagarail Sink” incorporated as standard feature in the top end system kitchen “S.S.” ⇒New product launch in February 2016 The model change is based on our kitchen concept and know-how, through the utili
Slide 25: Current Status of Principal Activities (2. Sales and Showroom Strategies)
3. Current Status of Principal Activities (2. Sales and Showroom Strategies) Proactive renovations to the showrooms continue to promote improvements for the attractive features (implemented at 61 sites in about five years) Positioning of ●Linchpin for point of contact with customer roles played by ●
Slide 26: Current Status of Principal Activities (2. Sales and Showroom Strategies)
3. Current Status of Principal Activities (2. Sales and Showroom Strategies) Renovation expansion is the target through collaborations with distribution partners Transition in the number of full members registered with "Water Section Workshops“ (organize building contractors and renovators in the re
Slide 27: Current Status of Principal Activities (3. Production)
3. Current Status of Principal Activities (3. Production) Construction of a new press line at the Tsuyama factory has been completed, enhancing the supply organization for western Japan [Features of new press line] Organizational ●Highly efficient and superior quality bipolarization of integrated pr
Slide 28: Current Status of Principal Activities (4. Management Rationalization and Personnel Training)
3. Current Status of Principal Activities (4. Management Rationalization and Personnel Training) Improvements are urged for the infrastructure that is exclusive to a dedicated manufacturer ●Promote CPS activities at the essence of craftsmanship for products (commodities) ⇒ Improve efficiency of the
Slide 29: Current Status of Principal Activities (5. Brand Communications)
3. Current Status of Principal Activities (5. Brand Communications) Implement Activities to Create “Spiritually Enriching Food Culture” (1) Participation in (2) Co-sponsorship of movie (3) Substantiation of seminar “Bento Day Support Project” “Hanachan-no Misoshiru” programs provided at showrooms Fo
Slide 30: Current Status of Principal Activities (6. Overseas Business Operations)
3. Current Status of Principal Activities (6. Overseas Business Operations) ●China ・ The market is entered jointly with a house manufacturer. The supply of Kitchen products were supplied to four districts, Shenyang, Suzhou, Wuxi and Taicang. ●Taiwan Shenyang ・The site has been upgraded to the status
Slide 31: Cleanup Corporation
For any questions concerning investor relations, please contact: Cleanup Corporation Corporate Planning Department, Public Relations Section Tel 03-3810-8241 Fax 03-3800-2261 URL http://cleanup.jp/ 30
Slide 32: Disclaimer
Disclaimer This material is intended to provide information regarding FY2015 financial results (April 2015 - March 2016) and does not constitute a solicitation to invest in Cleanup Corporation-issued securities. Furthermore, this material was created based upon data current as of May 18, 2016. Opini