Pan Pacific International Holdings Corporation · TSE:7532
Pan Pacific International — H1 FY2015 Earnings Presentation
14 slides from Pan Pacific International's earnings presentation, Feb 5, 2015
Slide 1: Second Quarter Results for Dec. 2014
Don Quijote Holdings Second Quarter Results for Dec. Dec 2014 F b February 5th 2015 5th, 0
Slide 2: Earnings Summary, First Half of FY2015
Earnings Summary, First Half of FY2015 Consolidated 6 months to Dec. 2014 6 months to Dec. 2013 ((Millions of yen) y ) Actual Share YoY Actual Share Net sales 342,224 100.0% 112.8% 303,322 100.0% Gross profit 91,634 26.8% 113.0% 81,075 26.7% SGA 68,223 20.0% 112.6% 60,571 20.0% Operating profit 23,4
Slide 3: Existing Stores (Don Quijote store format)
Existing Stores (Don Quijote store format) = Customer traffic = All stores = Customer spending = Existing stores Existing stores 2013 Oct. Nov. Dec. 2014 Jan. Feb. Mar. Apr. May Jun. Jul Aug. Sep. Oct. Nov. Dec. Sales 100.0% 100.0% 99.1% 98.7% 97.7% 116.7% 95.5% 100.7% 99.5% 101.4% 102.3% 105.0% 108
Slide 4: Sales Breakdown of Products Category: FY2015 1H
Sales Breakdown of Products Category : FY2015 1H Consolidated 6 months to Dec. 2014 6 months to Dec. 2013 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 29,346 8.6% 104.5% 28,095 9.3% Miscellaneous household goods 76,530 22.4% 111.1% 68,861 22.7% Foods 101,616 29.7% 118.5
Slide 5: Number of stores
Number of stores (Number of stores) FY2013 FY2014 FY2015-1Q FY2015-2Q Don Quijote 165 174 172 173 MEGA 35 37 37 37 New MEGA 21 28 31 34 Others 31 30 32 33 Domestic store opening 16 22 6 9 Temporary store closing 0 3 1 1 Domestic store closure 3 5 2 3 Net store increase 13 17 3 5 Overseas 3 14 14 14
Slide 6: Key Components of SG&A Expenses: FY2015 1H
Key Components of SG&A Expenses : FY2015 1H Consolidated 6 months to Dec. 2014 6 months to Dec. 2013 (Millions of yen) Actual Share YoY Actual Share Net sales 342,224 100.0% 112.8% 303,322 100.0% Salary allowance 24,332 7.1% 116.8% 20,834 6.9% R t Rent 9 170 9,170 2 7% 2.7% 106 1% 106.1% 8 640 8,640
Slide 7: Sales, Profit and Loss by Segment: FY2015 1H
Sales, Profit and Loss by Segment : FY2015 1H Sales, profit and loss by segment from Jul. 1, 2014, to Dec. 31, 2014 （Millions of yen） Consolidated Retail store Rent income Others Total Adjusted amount Consolidated Sales to external customers , 330,361 8,972 , 2,891 , 342,224 , - 342,224 , Internal s
Slide 8: Sales, profit and asset by subsidiaries: FY2015 1H
Sales, profit and asset by subsidiaries : FY2015 1H Sales, profit and asset by subsidiaries from Jul. 1, 2014, to Dec. 31, 2014 （Millions of yen） Consolidated Don Quijote１) Doit Nagasakiya 2) Overseas 3) Others Elimination Consolidated Net sales 243,856 9,171 77,149 16,481 18,965 (23,398) 342,224 Op
Slide 9: Balance Sheet
Balance Sheet （Millions of yen） （Millions of yen） As of Dec. 31, Change from As of Dec. 31, Change from Consolidated Consolidated 2014 Jun. 30, 2014 2014 Jun. 30, 2014 T t l currentt assets Total t 176 926 176,926 18 092 18,092 T t l currentt liabilities Total li biliti 144 723 144,723 30 279 30,279
Slide 10: Cash Flows and Capital Expenditures
Cash Flows and Capital Expenditures Consolidated Cash Flows （Millions of yen） 6 months to Dec. 6 months to Dec. Change 2014 2013 C h and Cash d equivalents i l t att b beginning i i off period i d 44,105 44 105 36,132 36 132 7,973 7 973 Cash flows from operating activitiies 23,651 22,624 1,027 Cash
Slide 11: Earnings Summary, Second Quarter of FY2015
Earnings Summary, Second Quarter of FY2015 Consolidated 3 months to Dec. 2014 3 months to Dec. 2013 ((Millions of yen) y ) Actual Share YoY Actual Share Net sales 178,363 100.0% 113.7% 156,808 100.0% Gross profit 47,399 26.6% 115.1% 41,195 26.3% SGA 34,444 19.3% 111.7% 30,831 19.7% Operating profit
Slide 12: Sales Breakdown of Products Category: FY2015 2Q
Sales Breakdown of Products Category : FY2015 2Q Consolidated 3 months to Dec. 2014 3 months to Dec. 2013 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 16,461 9.3% 107.7% 15,279 9.7% Miscellaneous household goods 40,519 22.7% 112.6% 35,990 23.0% Foods 52,843 29.6% 118.2%
Slide 13: Key Components of SG&A Expenses: FY2015 2Q
Key Components of SG&A Expenses : FY2015 2Q Consolidated 3 months to Dec. 2014 3 months to Dec. 2013 (Millions of yen) Actual Share YoY Actual Share Net sales 178,363 100.0% 113.7% 156,808 100.0% Salary allowance 12,352 6.9% 116.6% 10,592 6.8% Rent 4 626 4,626 2 6% 2.6% 106 3% 106.3% 4 353 4,353 2 8
Slide 14: Company Forecast: FY2015 (June 2015)
Company Forecast : FY2015 (June 2015) Consolidated FY2015 Revised forecast FY2015 Previous forecast (Millions of yen) Plan Share YoY Plan Share Net sales 658,000 100.0% 107.4% 634,000 100.0% Gross profit 175,500 26.7% 109.0% 167,800 26.5% SGA 139,000 21.1% 109.7% 133,000 21.0% Operating profit 36,50
Pan Pacific International Holdings — H1 FY2015 Earnings Presentation on 6ix