Fullcast Holdings Co., Ltd. · TSE:4848

Fullcast — FY2020 Earnings Presentation

31 slides from Fullcast's earnings presentation, Feb 12, 2021

  1. Slide 1: Consolidated Business Results for the Fiscal Year Ended December 2020

    Consolidated Business Results for the Fiscal Year Ended December 2020 (Jan.–Dec. 2020) Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevai

  2. Slide 2: Agenda

    Agenda 1. FY12/20 Consolidated Business Highlights (Jan.–Dec. 2020) 3 2. FY12/20 Segment Highlights (Jan.–Dec. 2020) 8 3. FY12/20 Summary 13 4. FY12/21 Business Targets and Strategy 18 5. FY12/21 Business Forecasts 20 6. Review of Medium-Term Management Plan (FY16–FY20) 23 7. Shareholder Returns for

  3. Slide 3: 1. FY12/20 Consolidated Business Highlights

    1. FY12/20 Consolidated Business Highlights (Jan.–Dec. 2020) Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 3

  4. Slide 4: FY12/20 Comparison vs. Business Forecast

    FY12/20 Comparison vs. Business Forecast  Consolidated results exceeded our revised full-year business forecast for the fiscal year ended December 2020 as we exceeded our forecasts for net sales (103.9%), operating profit (107.6%), ordinary profit (108.8%), and profit attributable to owners of pare

  5. Slide 5: FY12/20 Comparison vs. Business Forecast (By Segment)

    FY12/20 Comparison vs. Business Forecast (By Segment)  In our Group’s mainstay “Short-Term Operational Support Business”, sales of the mainstay placement and BPO services grew following a recovery in customer demand and outsourcing services grew following the restart of various events, including pr

  6. Slide 6: Consolidated: FY12/20 Year-on-Year Comparison

    Consolidated: FY12/20 Year-on-Year Comparison  Net sales declined by 2.8% year-on-year, due to the impacts dampening overall client demand caused by the slowdown in business activities in the mainstay “Short-Term Operational Support Business” from COVID-19 and the impacts on recovery in client dema

  7. Slide 7: Consolidated: FY12/20 Year-on-Year Comparison

    Consolidated: FY12/20 Year-on-Year Comparison  As a main factor, SG&A expenses were the same as the previous year, thanks to efforts to control SG&A expenses mainly in the way of recruitment expenses, despite the inclusion of the business performance of NIHON DENKI SERVICE Co., Ltd. and HR Manageme

  8. Slide 8: 2. FY12/20 Segment Highlights

    2. FY12/20 Segment Highlights (Jan.–Dec. 2020) Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 8

  9. Slide 9: Short-Term: FY12/20 Year-on-Year Comparison

    Short-Term: FY12/20 Year-on-Year Comparison Net sales (Million yen) Net Sales (5.1)% 38,662 36,700  Net sales declined by 5.1% year-on-year, due to the impacts from the contraction in overall demand among client companies in the event- and service- related sectors (restaurants, retail, accommodatio

  10. Slide 10: Short-Term: Year-on-Year Comparison (By Service Category)

    Short-Term: FY12/20 Year-on-Year Comparison (By Service Category) (Million yen)  We were able to increase sales of “Dispatching” services and boost Rate of gross profit, even in an environment FY12/19 FY12/20 Difference change impacted by COVID-19, because we responded to long-term staffing needs f

  11. Slide 11: Sales: FY12/20 Year-on-Year Comparison

    Sales: FY12/20 Year-on-Year Comparison Net Sales (Million yen) Net Sales +26.0% 4,377  Net sales increased by 26.0% year-on-year, due mainly to the acquisition of telework for the sale of 3,473 Internet access, which is a mainstay business, during Japan’s state of emergency as special demand in the

  12. Slide 12: Security, Other: FY12/20 Year-on-Year Comparison

    Security, Other: FY12/20 Year-on-Year Comparison Net sales (Million yen) Net Sales (8.3)%  Net sales declined by 8.3% year-on-year due mainly to a decline in temporary security projects caused by 2,344 2,149 the impacts of COVID-19 pandemic. FY12/19 FY12/20 Operating Profit (Million yen) Operating

  13. Slide 13: 3. FY12/20 Summary

    3. FY12/20 Summary Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 13

  14. Slide 14: Business Targets and Strategy for the Fiscal Year Ended December 2020

    Business Targets and Strategy for the Fiscal Year Ended December 2020 Business Targets for the Fiscal Year Ended December 2020 Achieving the targets of the final fiscal year of the Medium-Term Management Plan by expanding “Short-Term Operational Support Business” and promoting to gain new business o

  15. Slide 15: Business Strategy for the Fiscal Year Ended December 2020

    Business Strategy for the Fiscal Year Ended December 2020 Progress of Strategy 1 • We opened a total of 13 new sales offices as initially planned, including 3 new sales offices for Minimaid Service Co., Ltd., and completed the expansion of Fullcast Co., Ltd. to all 47 prefectures in Japan. We also c

  16. Slide 16: Ongoing Initiatives

    Ongoing Initiatives ● Initiative 1: Strengthen Hiring Capability  Hiring activities were curtailed following the  Following the curtailment of hiring state of emergency issued by the activities, recruitment expenses declined by government, in line with contracting client 270 million yen year-on-ye

  17. Slide 17: Ongoing Initiatives

    Ongoing Initiatives ● Initiative 2: Increase Operating Workers ● Initiative 3: Increase Customers  The number of operating workers declined  The number of customers also declined by by 25.5% year-on-year due to the 9.0% year-on-year due mainly to the contraction in demand among client decrease in

  18. Slide 18: 4. FY12/21 Business Targets and Strategy

    4. FY12/21 Business Targets and Strategy Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 18

  19. Slide 19: Business Targets and Strategy for the Fiscal Year Ending December 2021

    Business Targets and Strategy for the Fiscal Year Ending December 2021 Business Targets for the Fiscal Year Ending December 2021 Quickly restoring performance using customer-first approaches by addressing the external environment in a flexible manner Business Strategy for the Fiscal Year Ending Dece

  20. Slide 20: 5. FY12/21 Business Forecasts

    5. FY12/21 Business Forecasts Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 20

  21. Slide 21: FY12/21 Business Forecasts

    FY12/21 Business Forecasts  We aim to promptly restore its performance in the mainstay “Short-Term Operational Support Business”.  Our forecasts assume that Japan’s state of emergency will be lifted in 10 prefectures on March 7, 2021 there onwards demand from client companies will recover at a mod

  22. Slide 22: FY12/21 Business Forecasts by Segment and Service Category

    FY12/21 Business Forecasts by Segment and Service Category  We plan to focus on restoring the performance of placement and BPO services, both mainstay services of the “Short-Term Operational Support Business”.  Our forecast for net sales of outsourcing services of the “Short-Term Operational Suppo

  23. Slide 23: 6. Review of Medium-Term Management Plan (FY16–FY20)

    6. Review of Medium-Term Management Plan (FY16–FY20) Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 23

  24. Slide 24: Review of Medium-Term Management Plan (FY16-FY20)

    Review of Medium-Term Management Plan (FY16-FY20) Operating profit Operating profit (bn yen) 8.0 A record high  We achieved the target of a record Initial MTMP (FY16–FY20) profit of 5.0 7.9 high 5.0 billion yen in operating 7.0 billion yen Revised MTMP (FY19–FY20) 7.2 profit ahead of plan in FY12/1

  25. Slide 25: 7. Shareholder Returns for FY12/20 and FY12/21

    7. Shareholder Returns for FY12/20 and FY12/21 Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 25

  26. Slide 26: Dividend of Surplus, and Acquisition & Cancellation of Treasury Shares

    Dividend of Surplus, and Acquisition & Cancellation of Treasury Shares  At the Board of Directors' Meeting held on February 12, 2021, we passed a resolution to pay a 22 yen per share dividend from retained earnings, which is the same as the year- end dividend forecast announced on August 7, 2020. ■

  27. Slide 27: Dividend of Surplus, and Acquisition & Cancellation of Treasury Shares

    Dividend of Surplus, and Acquisition & Cancellation of Treasury Shares  At the Board of Directors' Meeting held on February 12, 2021, we passed a resolution regarding the acquisition of our own shares on the open market and the cancellation of 1,000,000 treasury shares. ■ Share Repurchase Type of s

  28. Slide 28: Dividends in the Coming Fiscal Year

    Dividends in the Coming Fiscal Year ■ Dividend Forecast End of 1H Year-end Total (Interim dividend) (Year-end dividend) Record date June 30, 2021 December 31, 2021 — Dividend per share 21 yen 21 yen 42 yen FY12/20 19 yen 22 yen 41 yen ■ Policy for Next-Term Dividends  In order to continue to realiz

  29. Slide 29: (Reference) Basic Stance on Capital Policy

    (Reference) Basic Stance on Capital Policy ■Basic Stance on Capital Policy The Fullcast Group maintains a basic policy of maximizing capital efficiency and securing financial soundness to achieve sustained improvement in corporate value.  Maintaining a total return ratio of 50% relative to sharehol

  30. Slide 30: Disclaimer

    Disclaimer  Fullcast Holdings’ IR materials have been prepared for the purpose of providing information about the company, and are not a solicitation for investment. Readers are advised to use these materials at their own discretion and are solely responsible for all decisions based on such use. Al

  31. Slide 31: Providing the best place for people to bring out their best.

    Providing the best place for people to bring out their best. [Inquiries] IR: +81-3-4530-4830 URL: https://www.fullcastholdings.co.jp/ir e-mail: IR@fullcast.co.jp Copyright © 2021 by FULLCAST HOLDINGS CO., LTD. All rights reserved 31

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