Cleanup Corporation · TSE:7955
Cleanup — H1 FY2024 Earnings Presentation
24 slides from Cleanup's earnings presentation, Nov 21, 2024
Slide 1: Announcement of FY 2024 Interim Results
Announcement of FY 2024 Interim Results 2024年5月27日 November 21, 2024 0
Slide 2: Results Outline
Ⅰ. Results Outline 1
Slide 3: Outline of Consolidated Results 【1】
1. Outline of Consolidated Results 【1】 Change From Prev. Period Net Sales 63.5 billion yen △4 million yen The sales amount was slightly lower in comparison with the same period of the previous year, as the performance fell short of the forecast figures announced at the beginning of the period, due t
Slide 4: Outline of Consolidated Results 【2】
1. Outline of Consolidated Results 【2】 （Units: billions of yen） 2023/9 2024/9 2025/3 (Actual Results) (Actual Results) (Forecast) Sales Sales Variation Variation Variation Amount distribution Amount distribution Amount amount percentage percentage ratio ratio Net Sales 63.5 100.0% 63.5 100.0% △0.0 △
Slide 5: Consolidated Profit and Loss Status: Factors for Operating Income Change
2. Consolidated Profit and Loss Status ① Factors for Increased and Decreased Operating Income （Units: billions of yen） 0.6 ▲0.5 0.4 ▲0.2 ▲1.1 1.0 0.1 0.3 Sales Price Impact of raw Raw material Investments, Other selling, 2023/9 increases and revision materials, etc. cost reductions, etc. general and
Slide 6: Consolidated Profits (1) Net Sales, Operating Income
2. Consolidated Profits (1) Net Sales, Operating Income （Units: millions of yen） （Units: millions of yen / %） Net Sales Operating Income / Operating Profit Margin ■Mid-term ■■End-term ■● Mid-term ■■ ● End-term 160,000 7,000 3.3 3.5 130,000 127,982 (Forecast) 124,012 6,000 3.0 113,305 2.5 120,000 2.4
Slide 7: Sales Composition (1) By Segment (Consolidated)
3. Sales Composition (1) By Segment (Consolidated) （Units: billions of yen） 2023/9 2024/9 (Actual Results) (Actual Results) Sales Sales Other 7.6％ Amount distribution Amount distribution Bathtubs & ratio ratio Washstands 11.8％ 51.9 81.8％ 51.2 80.6％ Kitchen Equipment 2024/9 Distribution ratio 7.7 12.
Slide 8: Sales Composition (2) By New Constructions/Renovations
３．売上構成 3. Sales Composition (2) By New②新築／リフォーム別（連結） Constructions/Renovations (Consolidated) （Units: billions of yen） 2023/9 2024/9 (Actual Results) (Actual Results) Sales Sales Amount distribution Amount distribution New ratio ratio Other 4.9％ construction 42.8％ 27.1 42.7％ 27.1 42.8％ New construct
Slide 9: Consolidated Balance Sheet Summary
4. Consolidated Balance Sheet Summary （Units: millions of yen） End of End of Variation September September Main Factors amount 2023 2024 Cash and deposits ＋454 △820 Electronically recorded monetary Current assets 55,769 54,948 claims △1,217 Assets Property, plant and ＋133 Non-current equipment△195 a
Slide 10: Consolidated Cash Flow Statement Summary
5. Consolidated Cash Flow Statement Summary （Units: millions of yen） End of End of September September Main Factors 2023 2024 Cash and cash equivalents at 22,034 18,580 beginning of period Profit before income taxes ＋575 Depreciation ＋2,568 Cash flows from operating Decrease in trade receivables ＋1,
Slide 11: Capital Investments (Consolidated)
6. Capital Investments (Consolidated) （Units: Billions of yen） Major Capital Investment Details Trends in Capital Investment and Depreciation Costs 2024/9 (Actual Results) Capital Investment Deprecation Costs 8.00 ① Production-Related 800 million yen 7.44 ② Operations-Related 460 million yen 7.00 ③
Slide 12: Major Products and Market Share – Complete System Kitchen
7. Sales Results For Major Products and Cleanup Market Share – 1/3 Complete System Kitchen Complete System Kitchen Sales Results Demand Trends and Market Share Monetary Value Volume Demand Volume Cleanup Share (Billions of yen) (Thousands of Sets) (Thousands of Sets) （％） 120.0 400 1,500 45.0 100.0 9
Slide 13: Major Products and Market Share – Modular System Bathroom
7. Sales Results For Major Products and Cleanup Market Share – 2/3 Modular System Bathroom Modular System Bathroom Sales Results Demand Trends and Market Share Monetary Value Volume Demand Volume Cleanup Share (Billions of yen) (Thousands of Sets) (Thousands of Sets) （％） 14.0 50 900 6.0 12.0 11.5 73
Slide 14: Major Products and Market Share – Washstands/Vanities
7. Sales Results For Major Products and Cleanup Market Share – 3/3 Washstands/Vanities Washstands/Vanities Sales Results Demand Trends and Market Share Monetary Value Volume Demand Volume Cleanup Share (Billions of yen) (Thousands of Sets) (Thousands of Sets) （％） 6.0 150 2,000 10.0 1,742 1,705 1,688
Slide 15: Forecasted Consolidated Results for the Period Ending March 2025
8. Forecasted Consolidated Results for the Period Ending March 2025 (Units: billions of yen) 2024/3 2025/3 (Actual Results) (Forecast) Variation Variation amount percentage Net Sales 127.9 130.0 ＋2.0 ＋1.6% Gross Profit 39.9 40.5 ＋0.6 ＋1.4% ＋0.8 ＋2.2% Selling, general and administrative expenses 38.6
Slide 16: Profit Return Status and Plan
9. Profit Return Status and Plan Trends and plan for ROE (Rate of Return on Equity) Demand trend for products and our market share (■ Equity capital ■Profit attributable (■ Equity capital ■Dividends paid （Left scale） to owners of parent （Left scale） （Right scale） （Right scale） (Billions of yen) (Bil
Slide 17: Topics
2023年3月期 パワーポイントテンプレート 決算説明資料 Ⅱ. Topics ２０２３年５月２６日 16
Slide 18: Affordable price range system kitchens model change
Product Related Affordable price range system kitchens model change The “rakuera” series underwent a model change and acceptance of orders started on September 2 (Monday). While keeping the concept of “think of the kitchen as furniture”, the designs for drawer heights were changed with improvements
Slide 19: Showrooms are continuously renovated to sustain their attractive appeal
Showroom Related Matters Showrooms are continuously renovated to sustain their attractive appeal Kumamoto Showroom was relocated and renovated in the first half of the term ending in March, 2025. The “Kumamoto Showroom” was relocated and a grand opening held on July 6 (Saturday), for the purpose of
Slide 20: The first Cleanup Dealers Conference held on mainland China
Overseas Business Related The first “Cleanup Dealers Conference” held on mainland China The very first conference of its type held overseas, the "Cleanup Chinese Dealers Conference” was held in Shanghai on June 12, 2024, for the purpose of enhancing sales on mainland China, where the economy is goin
Slide 21: Sustainability Related 【1】
Sustainability Related 【1】 Deepening communication about food and housing culture As a part of the “Future Kitchen Project” Cleanup Tasty Life Research Institute [The Second Future Kitchen Illustration Contest] [The Kitchen Whitepaper 2024] (Application period: From June 1 to October 15, 2024) “The
Slide 22: Sustainability Related 【2】
Sustainability Related 【2】 Activities for the environment are promoted, in order to achieve a sustainable society Working to reduce greenhouse gas emissions, in line with the [Sustainability Report 2024] Environmental Vision 2050 The concept of sustainability at Cleanup, as well as activities relati
Slide 23: The 75th anniversary of the founding and related matters
The 75th anniversary of the founding and related matters We are grateful to have reached Cleanup's 75th anniversary of its founding on October 5, 2024 New brand movies and a commemorative timeline, which look back through the 75 years of history, were produced and featured on our website, to mark ou
Slide 24: Cleanup Corporation
For any questions concerning investor relations, please contact: Cleanup Corporation General Affairs Department, General Affairs / IR Section Contact our IR Representative Phone +81-(0)3-3894-4771 URL https://cleanup.jp/ Disclaimer This material is intended to provide information regarding the FY202