Yamato Holdings Co., Ltd. · TSE:9064
Yamato — FY2014 Earnings Presentation
18 slides from Yamato's earnings presentation, April 2014
Slide 1: Presentation by Makoto Kigawa, President
I am Makoto Kigawa, Representative Director and President of Yamato Holdings Co., Ltd. I will now provide an explanation in line with the presentation materials. 1
Slide 2: Summary for the fiscal year ended March 31, 2014
I will now give a summary for the fiscal year ended March 31, 2014. Please refer to slide 2 for additional details. (1) In the fiscal year ended March 31, 2014, operating revenue rose in all segments. Moreover, operating revenue overall was ¥92.2 billion higher than the previous year, a significant
Slide 3: Operating results
Next, let’s move on to the operating results. Operating revenue and operating income are as just explained. (1) Net income for the fiscal year decreased ¥0.3 billion YoY. (2) While nothing noteworthy has emerged in terms of extraordinary losses, extraordinary income contains an amount of roughly ¥1.
Slide 4: YoY analysis of changes in consolidated operating revenue
Next is the YoY analysis of changes in consolidated operating revenue. Given that there are no significant changes from trends of Q3, I will briefly touch on some key points regarding current trends in non-delivery businesses. (1) BIZ-Logistics Looking at international logistics and domestic logisti
Slide 5: Analysis of changes in consolidated operating expenses
Now for the analysis of changes in consolidated operating expenses. (1) During the fiscal year ended March 31, 2014, consolidated operating expenses increased 7.8% YoY, against a 7.2% YoY increase in consolidated operating revenue. (2) Details regarding changes in operating expenses are as indicated
Slide 6: Quarterly YoY trends in consolidated operating income
Now we come to quarterly YoY trends for consolidated operating income. (1) We focused on initiatives to ensure our receipt of adequate fees and cost control measures during Q4, in an effort to regain profits lost in Q3. (2) Although revenues increased substantially in Q4 due to last-minute demand ah
Slide 7: Quarterly TA-Q-BIN delivery volume and unit price
Next, we will move on to quarterly YoY trends involving TA-Q-BIN delivery volume and unit price. (1) The competitive environment in the TA-Q-BIN market remained consistent. (2) In Q4, TA-Q-BIN delivery volumes experienced healthy growth, with gains exceeding 15.0% YoY, mainly in the commercial marke
Slide 8: Quarterly Kuroneko Mail delivery volume and unit price
Next we move on to quarterly YoY trends of Kuroneko Mail delivery volume and unit price. (1) Overall, Kuroneko Mail delivery volume did not change significantly, decreasing by 1.3% YoY over the entire fiscal year. (2) As noted here, in Q4 delivery volume declined by 1.9%. Of that decrease, deliverie
Slide 9: Progress of TA-Q-BIN business overseas
Next is a progress report of the TA-Q-BIN business overseas. (1) As shown here, delivery volume has been growing steadily. (2) Operating income results appear to have bottomed out overall. 9
Slide 10: Approach for DAN-TOTSU Management Plan STEP
At our Q3 financial results meeting, we detailed our medium-term management plan which has kicked off ff this thi fiscal fi l year. N Next, t I would ld lik like to t go over our approach h thi this fifiscall year as we embark b k on th the inaugural fiscal year of “DAN-TOTSU Management Plan STEP,”
Slide 11: Assumptions for FY2015 operating income forecast
Fluctuations in our operating income emerging from the previous fiscal year to the current one are attributable to numerous factors factors, as mentioned earlier on on. As such such, we have sorted out the assumptions used in formulating our forecasts for this fiscal year, on the basis performance i
Slide 12: Full-year operating forecasts for FY2015
Here are our full-year operating forecasts for FY2015. (1) For this fiscal year, which marks the inaugural year of the new medium-term management plan, we forecast operating revenue of ¥1,437.0 billion and operating income of ¥70.0 billion, in view of our analysis from slide 10. (2) Managing Executi
Slide 13: Introduction by Kenichi Shibasaki, Finance and IR
I am Kenichi Shibasaki, and I am in charge of Finance and Accounting and Investor Relations. Thank you for participating in today’s Financial Results Meeting. I will now provide an explanation on the Financial Results, in line with the presentation materials. 13
Slide 14: Statement of consolidated operating expenses
This slide shows the statement of consolidated operating expenses for the fiscal year ended March 31, 2014. (1) Operating income declined by ¥3.1 billion YoY, as gains in operating revenue were outstripped by increases in personnel expenses and subcontracting expenses, which include commission expen
Slide 15: Statement of operating expenses for the Delivery business
This slide shows the statement of operating expenses for the Delivery business. These details were covered in slide 12, so I will move on to the next slide. 15
Slide 16: Forecasts by business segment
The full-year forecasts for operating revenue and operating income by business segment are as follows. Our overall earnings forecast estimates operating revenues of ¥1,437.0 billion, an increase of ¥62.3 billion YoY, after factoring in an a roughly ¥10 ¥10.0 0 billion extra impact that includes the
Slide 17: Forecasts for consolidated operating expenses
This slide shows our forecasts for consolidated operating expenses. I will briefly go over a few key points with this slide since fiscal year projections for each of the expense items are as listed on this slide. (1) Personnel expenses We expect the employee salary expense to come to ¥512.5 billion,
Slide 18: Yamato Holdings Co., Ltd. disclaimer
(B® YAMATO HOLDINGS CO., LTD. This presentation material is posted on the Company's website in the Investor Relations section in PDF format. Disclaimer: This material is intended for informational purposes only and is not a solicitation or offer to buy or sell securities or related financial instrum