Slide 1: FY2024 Results and Estimates for FY2025
FY2024 Results and Estimates for FY2025 May 10, 2024 © EDION Corporation
Slide 2: Agenda
1. Results for FY2024 2. Estimates for FY2025 3. Key Topics © EDION Corporation
Slide 3: 1. Results for FY2024
1. Results for FY2024 © EDION Corporation
Slide 4: Review of FY03/24
Review of FY03/24 YoY comparisons for all stores (orders received at POS) YoY (full year) 100.2% （Vs. 2022 100.7%） 125 1H YoY 99.6% （Vs. 2022 101.1%） 2H YoY 100.7% （Vs. 2022 100.3%） 120（％） ▼ Japan to ▼ An YoY Vs. 2022 115 downgrade invoice COVID-19 to ‘common 110.1 system has ▼ 2024 110 infectious b
Slide 5: Consolidated Statements of Income
Consolidated Statements of Income FY03/23 FY03/24 Million yen, % % of % of % of Results Results YoY Change Sales FY2022 FY2023 Net Sales 100.0 720,584 101.0 100.0 721,085 100.1 501 Gross Profit 29.26 210,876 100.6 29.07 209,586 99.4 △1,290 SG&A Expenses 26.6 191,690 100.4 26.7 192,656 100.5 965 Adve
Slide 6: Earnings
Earnings (JPY bn) 8,000 800.0 80% ▼ stay-at- home demand Impact from change in ▼ Consumption accounting policy 70% Net Sales tax hike 750.0 7,500 768.1 740.6 741.9 JPY721.0bn 737.4 60% 733.5 7,000 700.0 720.5 721.0 (Before change 718.6 713.7 50% in accounting 40% policy) 6,500 650.0 29.20% 28.71% 29
Slide 7: YoY Comparison of Orders by Product: TVs, Air Conditioners
YoY Comparison of Orders by Product (orders acquired at POS) YoY Vs. 2022 （％） 100.9 TVs 100 94.1 95.3 98.5 97.3 92.3 90.5 91.7 88.7 92.3 88.2 87.7 YoY (full year) 92.3 92.9 79.4 93.2％ 85.9 71.2 87.7 81.6 68.9 82.7 83.1 82.2 Vs. 2022 79.1 82.3％ 60 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jun. Feb.
Slide 8: YoY Comparison of Orders by Product: Refrigerators, Washing Machines
YoY Comparison of Orders by Product (orders acquired at POS) YoY Vs. 2022 （％） 110.0 109.0 110.3 Refrigerators 110 104.4 106.5 109.2 102.1 103.3 99.5 97.3 94.1 YoY (full year) 98.3 98.6 100 107.3 98.0％ 98.2 104.2 90.9 96.6 96.8 96.2 Vs. 2022 90 94.2 98.5 92.4 93.2 102.9％ 80 Apr. May Jun. Jul. Aug. Se
Slide 9: YoY Comparison of Orders by Product: PCs, Home Improvement
YoY Comparison of Orders by Product (orders acquired at POS) YoY Vs. 2022 （％） PCs 120 101.2 93.3 94.1 88.5 94.9 100 YoY (full year) 89.3 88.4 87.3 84.4 84.7 82.1 85.4％ 80 82.0 78.8 98.6 84.9 89.1 89.0 Vs. 2022 78.4 84.8 78.9 68.5 78.5 78.3 75.3 87.3％ 60 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Ju
Slide 10: YoY Comparison of Orders by Product: Mobile Phones, Games & Toys
YoY Comparison of Orders by Product (orders acquired at POS) YoY Vs. 2022 （％） 141.2 Mobile Phones 140 (by units sold) 117.0 113.5 108.0 110.0 107.7 106.6 114.7 138.2 107.4 100.6 105.6 97.5 YoY (full year) 100 114.0 106.8 108.3 104.7 106.9 103.3 107.7％ 100.3 97.2 93.9 102.6 96.9 Vs. 2022 60 108.9％ Ap
Slide 11: Analysis of Financial Impact (Gross profit margin and SG&A-to-sales ratio)
Analysis of Financial Impact (Gross profit margin and SG&A-to-sales ratio) 1 Gross Profit Margin 2 SG&A-to-sales Ratio （％） （％） 30 28 29.38 29.38 29.26 29.20 29.07 27.0 29 28.71 27 26.7 26.7 26.7 26.6 25.9 28 26 27 25 FY03/19 FY03/20 FY03/21 FY03/22 FY03/23 FY03/24 FY03/19 FY03/20 FY03/21 FY03/22 FY0
Slide 12: Consolidated Balance Sheet and Consolidated Statements of Cash Flows
Consolidated Balance Sheet and Consolidated Statements of Cash Flows Consolidated Balance Sheet （Million yen） Shareholders’ Equity Ratio End-March End-March YoY 2023 2024 Change （％） Current Assets 185,739 189,766 4,026 54.6 Property, Plant, and 122,126 177,824 55,697 55 51.5 52.8 Equipment 50.2 50.1
Slide 13: Inventory Status
Inventory Status (JPY bn.) 121.0 0.7 -0.2 -0.5 0.8 -0.9 Other 119.0 2.7 -0.6 Refrigerators ELS Washing 117.9 Air TVs Machines PCs Condit Approx.+JPY 1.8bn 117.0 116.0 ioners increase 115.0 Approximately JPY2.5bn 113.0 Increase in Major Products 111.0 109.0 107.0 105.0 End-March 2023 End-March 2024 *
Slide 14: 2. Estimates for FY2025
2. Estimates for FY2025 © EDION Corporation
Slide 15: Consolidated Earnings Forecast
Consolidated Earnings Forecast 1H 2H FY03/25 Million yen, % Forecast YoY Change Forecast YoY Change % of Sales Forecast % of FY03/24 YoY Change Net Sales 369,000 104.7 381,000 103.4 750,000 104.0 28,914 Gross Profit 110,700 103.9 108,100 104.9 29.17 218,800 104.4 9,213 SG&A Expenses 99,900 104.3 99,
Slide 16: Store Openings, Relocations, and Closings (Actual and Planned)
Store Openings, Relocations, and Closings (Actual and Planned) Relocations and End-of-Period Store (stores) New openings Closures YoY Change Renovations Count 1H 4 4 4 ±0 450 FY03/24 2H 5 2 1 +4 454 Actual Full-year 9 6 5 +4 454 FY03/25 Full-year 7 1 - - - Planned EDION Group As of end-March 2024 1,
Slide 17: 3. Key Topics
3. Key Topics © EDION Corporation
Slide 18: Notice Regarding Transition to a Company with an Audit & Supervisory Committee
Strengthening Governance and Reorganization Notice Regarding Transition to a Company with an Audit & Supervisory Committee EDION Corporation hereby announces that the Board of Directors resolved at their meeting held on March 27th. EDION Corporation will transition from a Company with an Audit & Sup
Slide 19: EDION PB Brand Introduction
EDION PB Brand Introduction Released on April 26, 2024 Circulator Electric fan Released on May 1, 2024 Promoting joint development with Nitori HD X © EDION Corporation 18
Slide 20: Strengthening the ELS Business
Strengthening the ELS Business Sales Trends (orders received at POS) （JPY Bn） On-site Survey Online Increase contact points by 62.0 60.5 sending customers from EC Along with 57.2 52.1 52.1 Quality 48.3 Improvement 44.0 Expand Sales Scale 2017 2018 2019 2020 2021 2022 2023 2024 2025 March 1, 2024 Aza
Slide 21: EDION's Nationwide Distribution Network Will be Completed in 2024
Strengthening Logistics and Service Systems EDION's Nationwide Distribution Network Will be Completed in 2024 New depots scheduled to open in Yamanashi and Sendai depot Niigata in 2024 opened in October 2023 EDION's high-quality delivery services for EC support and construction work nationwide ■Dire
Slide 22: Expansion of EC Business
Expansion of EC Business Growth of EDION's Own Website Growth rate based on FY2019 e-commerce mall EDION's website EDION's website( Refrigerator, washing machine, air conditioner) 5.0 4.6 4.0 3.7 3.8 3.0 2.8 2.3 2.3 2.0 1.9 1.6 1.3 1.0 1.0 0.9 0.7 0.7 Reduced e-commerce mall 0.0 FY03/20 FY03/21 FY03
Slide 23: Initiatives to Enhance Human Capital Investment
Initiatives to Enhance Human Capital Investment Expansion of the System Development of Human Resources Implementation of base up Self-development, enriching the learning environment Increase in annual holidays Increased days of childbirth/childcare leave Graduation ceremony for the first class of Ed
Slide 24: Strengthening of Sustainability Management: Toward Solving Social Issues
Strengthening of Sustainability Management: Toward Solving Social Issues Intensification of Relevant Initiatives 1 Initiatives Targeting a Sound Material-Cycle Society In pursuit of a sound material-cycle society, we actively ensure proper disposal of home electronics products covered by the Act on
Slide 25: Dividends and Share Prices
Dividends and Share Prices Interim dividend While striving to improve capital efficiency, as Year-end dividend measured through ROIC growth, we will focus 60 Commemorative dividend on maintaining a sound and stable balance 50.0% Payout ratio sheet. 50 39.2% 1. Dividend Policy ¥5 EDION recognizes the
Slide 26: 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 statements