Edion Corporation · TSE:2730
Edion — Q1 FY03/22 Earnings Presentation
10 slides from Edion's earnings presentation, Aug 10, 2021
Slide 1: EDION Corporation Analyst Meeting Q1 FY03/22
EDION Corporation Analyst Meeting Q1 FY03/22 August 10, 2021 © EDION Corporation
Slide 2: Consolidated Statements of Income
Consolidated Statements of Income Before Application of the Accounting Q1 FY03/21 Q1 FY03/22 Standard for Revenue Recognition (Reference) Million Yen, % % of Sales Results % of Q1 % of Sales Results % of Q1 YoY Change % of Sales Results % of Q1 FY03/20 FY03/21 FY03/21 Net Sales 100.0 175,304 102.7 1
Slide 3: Net Sales Comparison
Net Sales Comparison (1.0 billion yen) 450 Pre-tax hike demand 300 352 396 382 375 Special cash payments, at-home and telework Operations Opening of large stores demand, operations suspended at up (Namba, Hiroshima) suspended at up to to 93 stores 54 stores 150 157 170 175 165 0 FY03/19 1 FY03/20 2
Slide 4: Sales by Product
Sales by Product April–June POS Sales (% of FY03/21) 160 (%) 138.1 140 128.3 120 100.5 100 91.3 89.1 81.0 80 68.3 60 40 20 0 TVs 1 Air conditioners 2 Refrigerators 3 Washing 4 PCs 5 Home 6 Mobile 7Phones Machines Improvement (by units sold) © EDION Corporation 3
Slide 5: Consolidated Balance Sheet
Consolidated Balance Sheet Consolidated Balance Sheet Indicators Q1 FY03/22 Q1 FY03/22 Million Yen Million Yen, % FY03/21 FY03/21 FY03/22 YoY Change FY03/22 YoY Change (end-March) (end-March) Current Assets 192,549 188,355 -4,194 Current Liabilities 103,798 108,248 4,450 Non-Current Assets 193,875 1
Slide 6: Store Openings, Relocations, and Closures
Store Openings, Relocations, and Closures Q1 FY03/22 Q1 FY03/22 Prefecture Openings Month Prefecture Relocations Month Osaka Aeon Mall Ibaraki April Hyogo Aeon Sanda Woody Town April Osaka Kishiwada April Kyoto Kyoto Shijo-Kawaramachi May Aichi Aeon Mall Aratamabashi May Wakayama Wakayama Kano June
Slide 7: Consolidated Earnings Forecast
Consolidated Earnings Forecast 1H FY03/22 2H FY03/22 Full-Year FY03/22 Million Yen, % % of 1H % of 2H % of % of Sales Plan % of Sales Plan % of Sales Plan FY03/21 FY03/21 FY03/21 Net Sales 100.0 375,000 98.0 100.0 380,000 98.6 100.0 755,000 98.3 Operating Profit 3.6 13,500 80.9 2.6 10,000 99.1 3.1 2
Slide 8: Supplementary Information
Supplementary Information Home Electronics (Forecast of Domestic Home Electronics Demand Remains Bullish) • Up to 93 stores have completely suspended operations, 16 have suspended operations on Saturday and Sunday, and 126 sores have shortened operating hours • Continued strong at-home demand despit
Slide 9: Highlights: Financial and Non-Financial
Highlights Financial Share price Decided to implement share buybacks (June 29, 2021; upper limit: JPY6.0bn) April 1, 2021 April 21, 2021 May 11, 2021 May 31, 2021 June 20, 2021 July 10, 2021 July 30, 2021 Non-Financial Established the Sustainability Promotion Section; began selection of key issu
Slide 10: Disclaimer
Disclaimer • The financial forecasts and other forward-looking statements in these materials are based on judgment made under normally foreseeable conditions, in accordance with information reasonably available to the Company as of the date these materials were produced. • The forward-looking statem