Premium Group Co., Ltd. · TSE:7199
Premium — H1 FY2021 Earnings Presentation
24 slides from Premium's earnings presentation, Nov 6, 2020
Slide 1: Financial Results Presentation for 1H of FY Ending March 31, 2021
Financial Results Presentation for 1H of FY Ending March 31, 2021 November 6, 2020 TSE First Section: 7199 Premium Group Co., Ltd.
Slide 2: Contents
Contents (1) Summary of Financial Results for 1H of FY Ending March 31, 2021 (2) Impacts of External Environment (3) Appendix 2
Slide 3: (1) Summary of Financial Results for 1H of FY Ending March 31, 2021
(1) Summary of Financial Results for 1H of FY Ending March 31, 2021
Slide 4: Highlights from 1H of FY Ending March 31, 2021
Highlights from 1H of FY Ending March 31, 2021 The automobile market is bouncing back from its downturn following the COVID-19 pandemic, but our total volume was down year on year due to special factors, such as Japan's consumption tax hike last year, along with the decline in new sales activities
Slide 5: Consolidated Performance for 1H of FY Ending March 31, 2021
Consolidated Performance for 1H of FY Ending March 31, 2021 (Graph/table unit: millions of yen) Operating income totaled ¥8,386 million (up 26% YoY) on reversal of stock from business growth (future expected earnings) Profit before tax of core business excluding one-off factors totaled ¥1,457 mi
Slide 6: About Profit before Tax of Core Business
About Profit before Tax of Core Business (Graph unit: millions of yen) Booked one-off profits of ¥1,925 million for 1H of FY ended March 31, 2020 and ¥545 million for 1H of FY ending March 31, 2021 Income before tax of core business increased from ¥1,127 million to ¥1,457 million year on year, u
Slide 7: Credit Finance Business: Total Volume of New Loans
Credit Finance Business: Total Volume of New Loans Total volume of new loans 92.0 Total volume of new loans Credit profit Auto loan PH Down Down ¥77.8 15.5% YoY 4.4% YoY Auto loan PH…The average (Billions of yen) monthly total volume of new loans billion per sales staff Total volume of new loans Tot
Slide 8: Credit Finance Business: Loan Receivables
Credit Finance Business: Loan Receivables Loan receivables Total volume of new loans Delinquency rate (more than 3 months) (Billions of yen; %) ¥333.6 billion +14.5% YoY Delinquency rate 1H loan receivables 1H delinquency rate 291.3 0.92% 226.7 Factors driving change The delinquency rate has risen
Slide 9: Credit Finance Business: Number of Network Stores
Credit Finance Business: Number of Network Stores Number of credit network stores (Companies) Number of credit network stores: 23,322 +9.5% YoY 21,305 19,357 YTD number of network stores Factors driving change Restarted efforts to establish new network stores from Q2 Will now shift to promoting ut
Slide 10: Automobile Warranty Business: Total Volume of New Warranties
Automobile Warranty Business: Total Volume of New Warranties Total volume of new warranties Automobile warranty: total volume of new (Millions of yen) warranties 2,240 ¥2,240 million –0.1％ YoY EGS EGS ¥490 Total volume of Premium Group: –1.7% YoY Q2 alone 470 million Total volume of EGS: +5.7% YoY 1
Slide 11: Operating Income (P/L) by Segment
※Since it is a preliminary value, we will promptly notify you on our website when any corrections or changes occur. Operating Income (P/L) by Segment (Graph unit: millions of yen) (Figures in parentheses in graph indicate YoY change) Operating income hit ¥8,386 million (up 26% YoY) The auto mobi
Slide 12: Trends in Operating Expenses (P/L)
※Since it is a preliminary value, we will promptly notify you on our website when any corrections or changes occur. Trends in Operating Expenses (P/L) (Graph unit: millions of yen) (Parentheses in graph indicate percentage versus operating income) Operating expenses totaled ¥6,944 million (up 20.9
Slide 13: Full-Year Earnings Forecast
Full-Year Earnings Forecast (Graph unit: millions of yen) Revenue and profit both trending steadily toward YoY increases The market growth rate in 2H is expected to be negative YoY, but our total volume is expected to remain on par with the previous 1H Operating income Profit before tax* FY20 FY
Slide 14: Other Topics
Other Topics Opened FIXMAN maintenance facility in Saitama Prefecture August We opened a maintenance facility in Saitama Prefecture under our original FIXMAN brand using the Brand Provision Service, part of the FIXMAN Club membership service for maintenance facilities. 2020 Began affiliated loan tra
Slide 15: (2) Impacts of External Environment
(2) Impacts of External Environment
Slide 16: External Environment and Our Situation
External Environment and Our Situation The external environment is seeing a steady recovery from COVID-19, despite the downturn in total volume of new auto credit compared to the market, which is largely in line with our expectations. Payment deferrals caused by deteriorating economic conditions
Slide 17: (3) Appendix
(3) APPENDIX po
Slide 18: Company Profile
Company Profile Name Premium Group Co., Ltd. Securities Code / Exchange 7199 / First Section of Tokyo Stock Exchange Established May 25, 2015 Note: G-ONE Credit Services Co., Ltd. (currently, Premium Co., Ltd.) was established in 2007. Head Office The Okura Prestige Tower, 2-10-4 Toranomon, Minato-k
Slide 19: Overview of Premium Group
Overview of Premium Group Other businesses Automobile warranty business 5.1 % Auto mobility business Operating income ・Provision of multiple services required for 26.1 % by business (FY Ended March 31, managing automobile logistics business Overseas business ・Business expansion outside Japan ■Au
Slide 20: BS (Millions of yen)
BS (Millions of yen) FY20 Q1_FY21 Q2_FY21 Compared (As of March 31, (As of June 30, (As of September to previous QoQ 2020) 2020) 30, 2020) quarter Assets Cash and cash equivalents 6,286 10,236 9,468 150.6% 92.5% Financing receivables 20,011 21,551 21,554 107.7% 100.0% Other financial assets 6,408 7,
Slide 21: P/L (Consolidated cumulative period)
P/L (Consolidated cumulative period) (Millions of yen) 1Q-2Q_FY20 1Q-2Q_FY21 Compared FY20 （April 1, 2019 - （April 1, 2020 - (April 1 - September 30) （April 1, 2019 - YoY to previous September 30, September 30, March 31, 2020） quarter 2019） 2020） Operating income 6,659 14,016 8,386 126.0% 59.8% Othe
Slide 22: P/L (Consolidated cumulative period)
P/L (Consolidated cumulative period) (Millions of yen) 1Q-2Q_FY20 1Q-2Q_FY21 Compared FY20 （April 1, 2019 - （April 1, 2020 - (April 1 - September 30) （April 1, 2019 - YoY to previous September 30, September 30, March 31, 2020） quarter 2019） 2020） Operating income Finance income 3,860 8,158 4,725 122
Slide 23: P/L (Consolidated accounting period)
P/L (Consolidated accounting period) (Millions of yen) 2Q_FY20 2Q_FY21 1Q_FY21 （July 1, 2019 - （July 1, 2020 - (July 1 - September 30) (April 1, 2020 - June YoY QoQ September 30, September 30, 30, 2020) 2019） 2020） Operating income 3,510 4,022 4,365 124.3% 108.5% Other finance income 98 38 1 0.8% 2.
Slide 24: P/L (Consolidated accounting period)
P/L (Consolidated accounting period) (Millions of yen) 2Q_FY20 2Q_FY21 1Q_FY21 （July 1, 2019 - （July 1, 2020 - (July 1 - September 30) (April 1, 2020 - June YoY QoQ September 30, September 30, 30, 2020) 2019） 2020） Operating income Finance income 1,982 2,350 2,375 119.8% 101.1% Warranty revenue 907