World Holdings Co.,ltd · TSE:2429
World Holdings Co.,ltd — FY2019 Earnings Presentation
32 slides from World Holdings Co.,ltd's earnings presentation, February 2020
Slide 1: FY2019 Financial Results
FY2019 Financial Results February 17, 2019 (Mon) WORLD HOLDINGS CO., LTD. First Section of Tokyo Stock Exchange(2429) Copyright © WORLD HOLDINGS CO.,LTD. All Rights Reserved 0
Slide 2: Table of Contents
Table of Contents I. Summary of FY2019 Financial Results ・Summary of Financial Results … P3 ・Overview of Business Results by Segment … P5 ・Details of Each Segment … P6 ・Financial Condition B/S … P14 ・Cash Flows … P15 II. Outlook for the Term Ending Dec. 2020 and Future Strategies ・FY2020 Business Fo
Slide 3: I. Summary of FY2019 Financial Results
I. Summary of FY2019 Financial Results Copyright © WORLD HOLDINGS CO.,LTD. All Rights Reserved 2
Slide 4: Summary of Financial Results (1)
Summary of Financial Results (1) ⚫ The Human Resources and Education Business, which is the mainstay, was healthy, due to the growth in the fields of technology development, etc. ⚫ Neither sales nor profit reached the initial estimates, mainly because the posting of revenue from some transactions in
Slide 5: Summary of Financial Results (2): Factors for the failure to reach the initial estimates
Summary of Financial Results (2): ～Factors for the failure to reach the initial estimates ⚫ Operating income was 1,318 million yen smaller than the initial estimate. *Unlike tax accounting, in financial accounting, revenue (sales) is posted in the following term, so the sales of 3 pieces of land for
Slide 6: Overview of Business Results by Segment
Overview of Business Results by Segment (Results Compared to the Previous Term) Results for Results for the term the term YOY Unit: Million yen ended Dec. (Profit margin) ended Dec. (Profit margin) 2018 2019 Change Pct. Change Net sales 75,038 77,774 2,735 3.6 Total Segment income 4,964 (6.6%) 5,179
Slide 7: Overall Segment
Human Resources and Education Business Overall Segment <Composition Ratio of Sales and Segment Income by Segment> ⚫ Response to the changing external environment, such as amendments to laws ⇒Promoted measured upfront investment from the medium- and long-term perspective in order to raise the brand s
Slide 8: Overall Segment: Number of Staff Members
Human Resources and Education Business Overall Segment <The number of staff members> ⚫ The Factory Business was affected by the partial reduction of production of smartphones, semiconductor equipment, etc., but secured existing orders and the logistics field continued to grow. ⚫ The Technology Busin
Slide 9: Factory Business
Human Resources and Education Business Factory Business <Sales composition by business segment and the number of staff members> ⚫ There was an impact of production curtailment in some businesses related to equipment for smartphones and semiconductors, but the marketing structure was strengthened, an
Slide 10: Technology Business
Human Resources and Education Business Technology Business <Sales composition by business segment and the number of staff members> ⚫ In the scheme for training and producing engineers “Academia where people can flourish*,” inexperienced workers could be trained sufficiently, and the number of worker
Slide 11: R&D Business
Human Resources and Education Business R&D Business <Sales composition by business segment and the number of staff members> ⚫ The Researcher Dispatch segment increased transactions with existing clients in the field of medicine, biotechnology and chemistry. ⚫ To evolve from a “staffing company” and
Slide 12: Real Estate Business
Real Estate Business Real Estate Business <Sales composition by business segment, and the number of pieces of real estate handed over> ⚫ In the development-related business, we focused on the securing of profit, and conducted timely procurement and handover. Then, the posting of sales of 3 pieces of
Slide 13: Information and Telecommunications Business
Information and Telecommunications Business Information and Telecommunications Business ＜Sales for each target and segment income＞ ⚫ We took measures to invest mainly for strengthening the shop business, which is our mainstay (including the organizational and shop infrastructure development to respo
Slide 14: Others
Other Others <Sales and major activities> ⚫ Farm Co., Ltd., which specializes in the agricultural park business, opened a giant athletics facility “Alps Gym” in “Shiga Agricultural Park Blumen Hugel Farm” in Shiga Prefecture in March, and the number of visitors increased over 1.5 times. Measures for
Slide 15: Financial Condition B/S
Financial Condition B/S ⚫ The revenue from 3 pieces of land for business will be posted in the next term. ⇒ Advances received increased temporarily. (Million yen) Total assets Current 76,920 （+7,097） 100,000 assets 87,352 79,964 ・Cash and deposits -2,312 million yen 80,000 ・Notes and accounts receiv
Slide 16: Cash Flows
Cash Flows ⚫ Operating CF was plus 2,708 million yen, investment CF was minus 2,489 million yen, and financial CF was minus 2,597 million yen. (Million yen) Operating CF Investment CF Financial CF Operating CF 2,708 -2,489 ・Current net profit before taxes and other adjustments 4,764 million yen ・Inc
Slide 17: II. Outlook for the Term Ending Dec. 2020 and Future Strategies
II. Outlook for the Term Ending Dec. 2020 and Future Strategies Copyright © WORLD HOLDINGS CO.,LTD. All Rights Reserved 16
Slide 18: FY2020 Business Forecast
FY2020 Business Forecast ⚫ To steadily implement the new medium-term management plan, which concentrates on sales growth ⇒ To business administration that emphasizes sales growth from the previous term Results for the Forecast for the YoY term ended Dec. term ending 2019 Dec. 2020 Change Pct. Change
Slide 19: FY2020 Factors for Increasing or Decreasing Operating Income
FY2020 Factors for Increasing or Decreasing Operating Income ⚫ Profits are estimated to rise in all segments. ・In the development business, we concentrate on the securing of profit. ・We focus on the real estate 209 21 revitalization-related business. -602 2,666 To the phase of recouping upfront inve
Slide 20: FY2020 Business Forecast by Segment
FY2020 Business Forecast by Segment ⚫ The Human Resources and Education Business, which is the mainstay, will keep growing year on year. Results for the Forecast for the term ended Dec. (Profit term ending (Profit YOY Unit: Million yen, % margin) margin) 2019 Dec. 2020 Change Pct. Change Net sales 7
Slide 21: Future strategy for Human Resources and Education Business (1)
Human Resources and Education Business Future strategy for Human Resources and Education Business (1) Basic policy for mid/long-term growth <To strive to actualize co-sourcing* by improving technical and interpersonal skills> ＊Co-sourcing: The advanced version of outsourcing for not only offering qu
Slide 22: Future strategy for Human Resources and Education Business (2)
Human Resources and Education Business Future strategy for Human Resources and Education Business (2) Creation of unprecedented markets Market scale: 3.5 trillion yen Market scale: 6.5 trillion yen + α Cultivation Manufacturing field Actualization of co- sourcing Fields other than No. 1 brand manufa
Slide 23: Example of a consortium model－JW Solution
Human Resources and Education Business Example of a consortium model－JW Solution [New type of HR business called the consortium model] Through the Factory Business, our company formed a consortium and accumulated know-how. ⇒ To offer opportunities to clients who want to secure adequate personnel and
Slide 24: Future strategy for Human Resources and Education Business (3)
Human Resources and Education Business Future strategy for Human Resources and Education Business (3) To form a virtuous cycle by further systematizing personnel development, organization, and evaluation Technical and interpersonal skills Improvement in customer satisfaction level Skill development
Slide 25: Future strategy for Real Estate Business (1)
Real Estate Business Future strategy for Real Estate Business (1) Transfer of all shares of Hoei Construction Co., Ltd. There is a case in which the priority domains in which managerial resources are invested are changed through the reform of our business portfolio, but Our basic policy for mid/long
Slide 26: Future strategy for Real Estate Business (2)
Real Estate Business Future strategy for Real Estate Business (2) [Structure of real estate business from now on] Real estate in kind Real estate Development revitalization-related New condominiums Renovation Single-family houses Conversion Procurement Sale Distribution, brokerage, property manageme
Slide 27: Future strategy for Real Estate Business (3)
Real Estate Business Future strategy for Real Estate Business (3) [Establishment of a business portfolio for promising fields] Present Development Entry to new fields Profit Impact of the change in the market situation Real estate revitalization-related (renovation and conversion) Future To continue
Slide 28: Shareholder Returns
Shareholder Returns We aim to increase dividends stably and continuously, and achieve a payout ratio of 30%. (Yen) Dividend per share 99.8 100.0 Initial estimate 90.0 Results 82.7 82.8 83.0 80.0 75.3 68.5 70.0 63.2 65.5 60.0 52.7 50.0 45.7 40.0 30.0 23.7 25.3 20.0 14.3 8.5 8.510.0 10.0 4.5 0.0 2012/
Slide 29: For More Information
For More Information Norio Nishihara Public Relations and Investor Relations Department Corporate Planning Division WORLD HOLDINGS CO., LTD. TEL: 03-3433-6005 E-MAIL: irinfo＠world-hd.co.jp URL: http://www.world-hd.co.jp/ No information in this presentation is provided for the purpose of soliciting p
Slide 30: III. Reference
III. Reference Copyright © WORLD HOLDINGS CO.,LTD. All Rights Reserved 29
Slide 31: FY2020 Overall Quarterly Business Forecast
FY2020 Overall Quarterly Business Forecast ⚫ We will Improve the management transparency and continue to disclose our financial result forecast on a quarterly basis to help shareholders and investors make investment decisions. Net sales Operating income 159,682 7,851 136,319 50,946 4Q 34,355 4Q 4,21
Slide 32: FY2020 Quarterly Business Forecast By Segment
FY2020 Quarterly Business Forecast By Segment Human Resources and Education Business Real Estate Business Information and Telecommunications Business Other 56,369 12,344 88,339 4,330 4,118 77,774 10,644 25,573 4Q 42,082 21,807 4Q 2,777 4Q 913 4Q 891 4Q 4Q 20,634 2,652 4Q 10,052 4Q 2,568 3Q 3Q 3Q 3Q