Dear Life Co., Ltd. · TSE:3245
Dear Life — FY2019 Earnings Presentation
31 slides from Dear Life's earnings presentation, Nov 8, 2019
Slide 1: Presentation of Financial Results for Fiscal 2019, Ended September 30, 2019
Presentation of Financial Results for Fiscal 2019, Ended September 30, 2019 DEAR LIFE CO., LTD. November 8, 2019 Securities code 3245 on the First Section of the Tokyo Stock Exchange
Slide 2: Index
INDEX ☑ Summary of Fiscal 2019 Financial Results 3 ☑ Explanation of Fiscal 2019 Financial Results 4 ☑ Explanation of Fiscal 2019 Financial Results by Business Segment 9 ☑ Outlook for Fiscal 2020 19 2
Slide 3: Summary of Fiscal 2019 Financial Results
Summary of Fiscal 2019 Financial Results Fiscal 2019 results and fiscal 2020 targets Our Go for the Future 2021 medium-term management plan was successfully launched, ordinary profit reached a record-high ¥3.4 billion, and profit attributable to owners of parent was above target at ¥2.3 billion
Slide 4: Explanation of Fiscal 2019 Financial Results
Explanation of Fiscal 2019 Financial Results
Slide 5: Consolidated Financial Results and Key Performance Indicators in Fiscal 2019
Consolidated Financial Results and Key Performance Indicators in Fiscal 2019 ☑ Results reflect a good balance between profitability, efficiency and stability Achievement Millions of yen FY2018 FY2019 Difference FY2019 target 2021 target rate Net sales 20,763 19,866 -897 － Operating profit 2,859 3,33
Slide 6: Main Results from the Consolidated Income Statement in Fiscal 2019
Main Results from the Consolidated Income Statement in Fiscal 2019 ☑ Favorable transactions and measures for controlling rising costs associated with business expansion drove up operating profit and ordinary profit Millions of yen FY2018 FY2019 Difference Main reasons for year-on-year difference Net
Slide 7: Main Results from the Consolidated Balance Sheet in Fiscal 2019
Main Results from the Consolidated Balance Sheet in Fiscal 2019 ☑ Maintained a steady asset turnover while prudently increasing liabilities Sept. 30, 2018 Sept. 30, 2019 Difference (Millions of yen) Main reasons for year-on-year difference (1) (2) (2)－(1) Assets 23,094 25,337 2,243 Cash and deposits
Slide 8: Main Results from the Consolidated Cash Flow Statement in Fiscal 2019
Main Results from the Consolidated Cash Flow Statement in Fiscal 2019 FY2018 FY2019 Difference (Millions of yen) Main reasons for year-on-year difference (1) (2) (2)－(1) Net cash provided by (used in) operating 2,431 (3,165) -5,596 activities Profit before income taxes 3,625 3,404 -221 Inventories a
Slide 9: Explanation of Fiscal 2019 Financial Results by Business Segment
Explanation of Fiscal 2019 Financial Results by Business Segment
Slide 10: Overview of the Dear Life Group's Businesses
Overview of the Dear Life Group’s Businesses Real Estate Business Sales Promotion Business ◼ Developing and selling real estate in the Tokyo ◼ Operated by the subsidiary, Dear Life Agency area. Co., Ltd., the business offers various ◼ Development is focused on urban condominium promotional support s
Slide 11: Summary of Fiscal 2019 Financial Results by Business Segment
Summary of Fiscal 2019 Financial Results by Business Segment (Millions of yen) 30,000 Real Estate Business Net sales Segment profit 19,587 19,515 ☑ Net sales: ¥19,515 million 20,000 13,805 Segment profit: ¥3,874 million ☑ Profit increased YoY due to favorable 10,000 3,235 3,874 2,138 sales of urban
Slide 12: Real Estate Business (1): Properties Sold in Fiscal 2019
Real Estate Business (1): Properties Sold in Fiscal 2019 ●The Company sold 30 properties of various types , including urban condominium buildings it developed, income-producing properties, and sites that are suitable for development projects. ●Properties were sold to a diverse range of investors, in
Slide 13: Real Estate Business (2): Property Portfolio Expansion in Fiscal 2019
Real Estate Business (2): Property Portfolio Expansion in Fiscal 2019 ●The Company proactively used reserve funds generated from its solid financial footing to invest in condominium buildings in the Tokyo area, commercial facility development sites, and income-producing properties. ●By increasing th
Slide 14: Overview of the Sales Promotion Business
Overview of the Sales Promotion Business ☑ Staff outsourcing service launched by new subsidiary, Dear Life Agency Co., Ltd. Took over Dear Life’s staff outsourcing business and began operations in November 2018 ☑ Growing orders for staff outsourcing services in the real estate industry Although oper
Slide 15: Overview of Businesses Operated by Group Company Palma Co., Ltd.
Overview of Businesses Operated by Group Company Palma Co., Ltd. Business solutions services: BPO services with payment guarantee conditions ☑ Orders from current business partners and 90,000 (Rooms) Number of service orders 80,768 80,000 properties that Palma developed and sold 70,000 continued to
Slide 16: Investment and Partnerships Aimed at Broadening Businesses and Entering New Markets
Investment and Partnerships Aimed at Broadening Businesses and Entering New Markets Investment in a venture Investment in Coin Space K.K. Partnership with OYO Life launched by Waseda University Concluded a capital tie-up with Working together to develop and Invested in a venture fund initiated
Slide 17: Returning Profits to Shareholders through Dividends and Company Share Acquisitions
Returning Profits to Shareholders through Dividends and Company Share Acquisitions Dividends Acquisition of Company Shares ¥27 per share dividend planned for fiscal 2019¥ 1.468 million shares* worth ¥670 million in fiscal 2019 ◆ Performance-linked and 15th anniversary ◆ Acquired company shares in fi
Slide 18: Shareholder Benefits Program in Fiscal 2019
Shareholder Benefits Program in Fiscal 2019 As members1 of the Dear Life Premium Benefits Club, shareholders are awarded points depending on the number of and length of time they hold their shares, and can redeem the points for gifts and products. Points awarded for shares held at Points awarded for
Slide 19: Outlook for Fiscal 2020
Outlook for Fiscal 2020 DEAR LIFE =
Slide 20: Market Environment: Population Trends
Market Environment: Population Trends Average number of household members declining and single person households on the rise Projected number of households and average Single person households in Japan number of household members in Japan Millions of households People per household Millions of house
Slide 21: Market Environment: Condominium Trends
Market Environment: Condominium Trends ◼ The number of studio condominium units in 2018 reached the highest level in 10 years Condominium units Condominium buildings 10,000 250 Condominium buildings 9,000 Condominium units 8,000 7,816 200 7,000 161 6,000 150 5,000 4,000 100 3,000 2,000 50 1,000 0 0
Slide 22: Profit Targets for Fiscal 2020
Profit Targets for Fiscal 2020 ☑ In fiscal 2020, the second year of our medium-term management plan, we are aiming to increase profits mainly through real estate development and investment. FY2019 (Millions of yen) FY2020 targets FY2022 targets Targets Results Ordinary profit 3,000 3,400 4,000 5,000
Slide 23: Key Initiatives for Fiscal 2020
Key Initiatives for Fiscal 2020 Continuing to carry out the key initiatives of the Go For The Future 2021 medium-term management plan Results and progress of the plan’s key initiatives Key initiatives 2019 results and progress Real Estate Business Acquired ¥30 billion in assets comprised of ●Increas
Slide 24: Key Initiatives in the Real Estate Business
Key Initiatives in the Real Estate Business Continuing to actively invest in main businesses with the goal of establishing a foundation for growth over the medium and long terms Increase the scale of development and investment projects Increasing development and investment project earnings ➢ Continu
Slide 25: Investment Targets in the Real Estate Business
Investment Targets in the Real Estate Business Continue developing and investing in properties located near train Property portfolio area stations in Tokyo ➢ Targeting properties located in the 23 wards of Tokyo and within 30 minutes by train from major stations ➢ Boosting investment in areas with c
Slide 26: Properties under Development
Properties under Development Project name Location Project name Location Mita Kaigan Minato Ward, Tokyo Anamori Inari Ota Ward, Tokyo Kameido Koto Ward, Tokyo Ichigaya-Yanagicho Shinjuku Ward, Tokyo Honjo-azumabashi Sumida Ward, Tokyo Shin-okachimachi Taito Ward, Tokyo Kinshicho III Sumida Ward, Tok
Slide 27: Portfolio of Main Income-Producing Properties
Portfolio of Main Income-Producing Properties DeLCCS Higashi Gokencho DeLCCS Yamabuki Kagurazaka DeLCCS Tamagawa Philpark Omotesando Property name Location Use Philpark Omotesando Shibuya Ward, Tokyo Commercial building DeLCCS Tamagawa Takatsu Ward, Kawasaki Leased condominium building DeLCCS Higash
Slide 28: Key Initiatives in the Sales Promotion Business
Key Initiatives in the Sales Promotion Business Dear Life Agency Co., Ltd. (Subsidiary providing staffing-related services) Wide-ranging capabilities Improve the competitiveness of mainstay staff outsourcing services Sales Call Event Back center management ➢ Continue promoting sales of staff outsour
Slide 29: Growth Investment
Growth Investment Promote strategic investment in mergers, acquisitions and capital tie-ups that can contribute to medium- and long-term growth Industries and services targeted Strategic investment goals for investment Expand established businesses through synergy effects and create opportunities in
Slide 30: Shareholder Returns Policy
Shareholder Returns Policy The Company will consider acquiring its own shares shares while adhering to a policy of paying dividends linked to profit growth and offering benefits to shareholders Dividends Shareholder benefits Company stock acquisitions Target a dividend payout Consider acquiring comp
Slide 31: Investor Relations Enquiries
Investor Relations Enquiries Contact details for enquiries regarding this presentation Corporate Strategy Unit, DEAR LIFE CO., LTD. Phone: +81-3-5210-3721 Fax: +81-3-5210-3723 E-mail: ir@dear-life.co.jp The forecast results and forward-looking statements described in this presentation are expectatio