Premium Group Co., Ltd. · TSE:7199
Premium — Q1 FY2020 Earnings Presentation
24 slides from Premium's earnings presentation, Aug 14, 2019
Slide 1: Financial Results Explanatory Materials
Financial Results Explanatory Materials for the First Quarter of Fiscal Year Ending March 2020 August 14, 2019 Premium Group Co., Ltd.
Slide 2: Contents
Contents 1. Financial Summary of the First Quarter of Fiscal Year Ending March 2020 2. Topics (Upward revision of earnings, etc.) APPENDIX © Premium Group All Rights Reserved.
Slide 3: 1. Financial Summary of the First Quarter of Fiscal Year Ending March 2020
1. Financial Summary of the First Quarter of Fiscal Year Ending March 2020 © Premium Group All Rights Reserved.
Slide 4: Highlights in the First Quarter of Fiscal Year Ending March 2020
Highlights in the First Quarter of Fiscal Year Ending March 2020 As planned, the existing Credit Finance and Warranty Businesses recorded considerable growth. ■Both credit finance business and warranty business largely grew. Operating revenue: 3.17 billion JPY (year-on-year change: +24.6%) FINANCIAL
Slide 5: Consolidated Financial Results in the First Quarter of Fiscal Year Ending March 2020
Consolidated Financial Results in the First Quarter of Fiscal Year Ending March 2020 (million JPY) [Consolidated] [Consolidated] [Consolidated] Year-on-Year Q1 FY Ending Q1 FY Ended FY Ended March Change March 2020 March 2019 2019 Operating revenue 3,166 2,542 +24.6% 10,699 Operating expense 2,780 2
Slide 6: Credit Finance Business: Change in Total Volume of New Loans
Credit Finance Business: Change in Total Volume of New Loans Total Volume of New Loans (Unit: billion JPY) Total volume of new loans for the first quarter: 40.8 billion JPY Per head (PH) 40.8 Increase by +29.6% year on year We leaped to third place in the industry in First terms of auto loans (use
Slide 7: Credit Finance Business: Change in Credit Receivables Balance
Credit Finance Business: Change in Credit Receivables Balance (Unit: billion JPY) Credit Receivables Balance 268.3 Delinquency Rate (3 months or more in arrears) Credit receivables balance for the First quarter 216.5 first quarter: 268.3 billion JPY Increase by +23.9% year on year First quarter Deli
Slide 8: Credit Finance Business: Number of Network Stores
Credit Finance Business: Number of Network Stores Number of Credit (Unit: Number of companies) Network Stores 21,067 First quarter Number of credit network stores for 18,901 the first quarter: 21,067 17,255 Increase by +11.5% year on year Exceeded 21,000 stores. Number of credit network stores i
Slide 9: Warranty Business: Change in Total Volume of New Warranties
Warranty Business: Change in Total Volume of New Warranties Total Volume of (Unit: million JPY) Total volume of new warranties for New Warranties 1,099 the first quarter: 1.1 billion JPY First quarter Increase by +49.7% year on year EGS Total volume of new warranties for the First quarter 245 EGS fi
Slide 10: 1Q Financial Highlights (YoY basis)
1Q Financial Highlights (YoY basis) IFRS Operating revenue was 3.17 billion JPY (year-on-year increase: +24.6%). Profit before tax increased by +581.3% on a year-on-year basis due to a change in an accounting estimate. Operating revenue Pretax profit (Unit: million JPY) (Unit: million JPY) Year-
Slide 11: 1Q Financial highlights (YoY basis): Business pretax income
1Q Financial highlights (YoY basis): Business pretax income 1Q pretax income on an accounting basis was 2,386 million JPY. This figure includes the effects of changes in accounting estimates and other factors. Business pretax income, representing pretax income on an accounting basis after subtra
Slide 12: Revisions of full-year business performance forecasts
Revisions of full-year business performance forecasts Due to the upward revisions announced on August 8, we project full-year pretax profit of 3.14 billion JPY. We project the full-year effect of changes in accounting estimates and other factors to be 1.67 billion JPY. We plan to implement adv
Slide 13: Reference: 2Q-4Q pretax income
Reference: 2Q-4Q pretax income Projected 2Q-4Q pretax income is 755 million JPY After incorporating advance investment for long-term growth, we project YoY growth of ＋13.8% in income. Pretax profit (unit: million JPY) Accounting figure YoY 1,848 1,696 comparison ＋13.8% 1,624 Advance investment f
Slide 14: Breakdown of Operating Revenue by Business (PL)
Breakdown of Operating Revenue First IFRS by Business (PL) quarter Breakdown of operating revenue by business for the first quarter was (Unit: million JPY) 3,166 3.17 billion JPY increased by (+24.6%) +24.6% on a year-on-year basis. 131 *Our group has a single segment. (+252.8%) 2,542 Characteristic
Slide 15: Operating expense (PL) (YoY basis)
First IFRS Operating expense (PL)(YoY basis) quarter Operating expense totaled 2.78 billion JPY (year-on-year increase: +25.9%) SG&A expenses increased overall due to the acquisition of EGS Co., Ltd. Excluding temporary expenses, the increase in operating expenses was less than growth in opera
Slide 16: 2. Topics (Upward revision of earnings, etc.)
2. Topics (Upward revision of earnings, etc.) © Premium Group All Rights Reserved.
Slide 17: Summary of Upward Revision of Consolidated Earnings Forecast
Summary of Upward Revision of Consolidated Earnings Forecast (million JPY) After revision Before revision (Reference) Increase/ [Consolidated] [Consolidated] [Consolidated] decrease FY Ending FY Ending FY Ended March ratio March 2020 March 2020 2019 Operating revenue 13,668 12,548 8.9% 10,699 Pretax
Slide 18: Changes in accounting estimates: Insurance Allowance for Insurance
Changes in accounting estimates Against a backdrop including improvements in the insurance management structure in connection with insurance transactions in our main Credit Finance Business, it has become possible to make reasonable projections for future insurance receipts. Thus, we began recording
Slide 19: Other Topics in the First Quarter
Other Topics in the First Quarter Investments accounted for using equity method Although investments accounted for using the equity method fell into the negative this quarter, such was attribute to adjustment of gains and losses in past fiscal years. Our business in Thailand is showing steady progre
Slide 20: APPENDIX
APPENDIX © Premium Group All Rights Reserved.
Slide 21: Summary of Measures Taken in the Fiscal Year Ending March 2020
Summary of Measures Taken in the Fiscal Year Ending March 2020 Enhancement of the credit finance business by establishing new branch offices and improving sales efficiency Deepening of core businesses Promotion of expansion of market volume jointly with the warranty subsidiary whose shares the G
Slide 22: Company Profile
Company Profile Company Name Premium Group Co., Ltd. TSE code / TSE market 7199 / Tokyo Stock Exchange First Section May 25, 2015 Established (Note) In 2007, Premium Financial Services Co., Ltd. (then G-ONE Credit Services Co., Ltd.) was established. Head Office Roppongi First Bldg., 1-9-9 Roppongi,
Slide 23: BS (Thousand JPY)
BS (Thousand JPY) Compared with Q1 FY2019 FY2019 Q1 FY2020 Year-on-Year the previous (June 30, 2018) (March 31, 2019) (June 30, 2019) Change quarter Assets Cash and cash equivalents 6,093,961 6,186,088 5,420,578 -11.1% -12.4% Financial receivables 10,483,811 14,746,300 16,415,151 +56.6% +11.3% Other
Slide 24: PL (Thousand JPY)
PL (Thousand JPY) Q4 FY2019 Year-on-Year Compared with Q1 FY2019 Q1 FY2020 (January １,2019 the previous (June 30, 2018) (June 30, 2019) Change March 31, 2019) quarter Operating revenue 2,541,589 2,841,100 3,165,940 +24.6% 11.4% Other finance income 712 144,628 6,789 +853.9% -95.3% Share of profit of