Yamato Holdings Co., Ltd. · TSE:9064
Yamato — Q2 FY2020/3 Earnings Presentation
14 slides from Yamato's earnings presentation, Nov 1, 2019
Slide 1: Consolidated Financial Summary for the Second Quarter of FY Ending March 31, 2020
YAMATO GROUP CONSOLIDATED FINANCIAL SUMMARY for the Second Quarter of the Fiscal Year Ending March 31, 2020 YAMATO HOLDINGS CO., LTD. November 1, 2019
Slide 2: Consolidated operating results and full-year forecast
1. Consolidated operating revenue: ¥800.1 billion (YoY increase by ¥10.9 billion; decrease by ¥6.8 billion compared to the previous forecast) 2. Consolidated operating profit: ¥6.2 billion (YoY decrease by ¥17.2 billion; decrease by ¥5.7 billion compared to the previous forecast) 3. Full-year operat
Slide 3: Operating revenue, operating profit and non-operating loss
1. Operating revenue: ¥800.1 billion (YoY increase by ¥10.9 billion) (1) Delivery Business: Revenue increased due to adequate pricing initiatives and an increase in delivery amount of the “Nekopos” service. (2) Non-delivery Business: Revenue decreased largely due to discontinuing of moving-related s
Slide 4: YoY Analysis of Consolidated Operating Revenue
Decrease in TA-Q-BIN (incl. Nekopos) — 2mount and consolidation (0.1) Kuroneko DM-Bin 3. YoY Analysis of Consolidated Operating Revenue (Second Quarter 2020/3 - Cumulative) Effects of discontinuing moving-related services (Billions of yen) Loss due to reactionary decline from the previous one-off bu
Slide 5: Quarterly YoY Trends of TA-Q-BIN Delivery Amount (excl. Nekopos)
4. Quarterly YoY Trends of TA-Q-BIN Delivery Amount (excl. Nekopos) (Second Quarter 2020/3) 08 0.0 (1.3) (6.0) , _ (38) (10.0) (15.0) (20.0) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2018/3 2019/3 2020/3 ‘=e=Delivery amount (TA-Q-BIN+TA-Q-BIN Compact) ‘<©=Delivery amount (Retail (individual customers and small-
Slide 6: Quarterly YoY Trends of Kuroneko DM-Bin
5. Quarterly YoY Trends of Kuroneko DM-Bin (Second Quarter 2020/3) (%) 15.0 10.0 wate ee 6 pant iain ar = ——— 5.0 atl 00 0.0 00 Le 1.4 ieny | * (10.0) (15.0) - (14.2) (20.0) - (19.2) (19.5) (25.0) | aun 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =e=YoY Kuroneko DM-Bin amount growth rate ===YoY growth rate of Kur
Slide 7: Operating expenses breakdown by item
1. Personnel expenses +¥20.0 billion +4.9% Mainly as a result of having increased the workforce to build collection and delivery structure (1) Employee salary +¥13.5 billion (2) Bonus +¥2.1 billion (3) Welfare expenses and legal welfare expenses +¥4.2 billion 2. Subcontracting expenses ¥(8.6) billio
Slide 8: Summary of Consolidated Operating Expenses
7. Summary of Consolidated Operating Expenses (Second Quarter 2020/3 - Cumulative) 789,131 800,126 +10,994 765,696 793,912 +28,216 405,717 425,746 +20,028 277,072 290,602 +13,530 128,645 135,144 +6,498 309,340 300,668 (8,671) 126,863 117,634 (9,228) 97,330 101,086 +3,756 85,145 81,946 (3,199) 23,864
Slide 9: Summary of Operating Expenses in Delivery Business
8. Summary of Operating Expenses in Delivery Business (Second Quarter 2020/3 - Cumulative) na 623,137 640,422 +17,285 608,156 643,985 +35,829 +5.9 351,344 371,021 +19,677 +5.6 240,123 253,677 +13,554 +5.6 111,220 117,343 +6,122 45.5 180,482 178,018 (2,464) (1.4) 73,342 67,031 (6,311) (8.6) 92,371 96
Slide 10: Revised full-year forecast: revenue and profit
1. Operating revenue (1) Delivery Updated forecasts for delivery amount and unit price of TA-Q-BIN (excl. Nekopos) and unit price of Nekopos in view of the prevailing circumstances (2) Home Convenience Updated the previous forecast to account for discontinuation of services other than the new moving
Slide 11: Revised full-year forecast: operating expenses
1. Personnel expenses: Updated the previous forecast based on progress being made in reviewing development of our collection and delivery structure in line with operating amount 2. Subcontracting expenses (1) Commission expenses: Updated the previous forecast by taking efforts to control costs in li
Slide 12: [Reference] YoY Analysis of Consolidated Operating Revenue
[Reference] YoY Analysis of Consolidated Operating Revenue (Second Quarter 2020/3 - Cumulative) +¥10.9 billion (+1 (Billions of yen) Biz- Delivery Logistics | nA (3.6) ES Financial A k Other . Home e-Business (1.4) utoworks Convenience +2.2 . (0.0) +0.8 (4.5) 1. Delivery 2. BIZ-Logistics (“1) 3. Hom
Slide 13: Delivery amount decreased due to the latest review of unprofitable transactions, etc.
Delivery amount decreased due to the latest review of unprofitable transactions, etc.
Slide 14: Presentation materials availability and disclaimer
These presentation materials (with explanatory notes) and the minutes of the financial results meeting Q&A are posted in PDF format on the Company’s website in the Investor Relations section. Disclaimer: This material is intended for informational purposes only and is not a solicitation or offer to