Pan Pacific International Holdings Corporation · TSE:7532

Pan Pacific International — Q1 FY2023 Earnings Presentation

25 slides from Pan Pacific International's earnings presentation, Nov 8, 2022

  1. Slide 1: Q1 Results for FY2023

    Q1 Results for FY2023 November 8, 2022 Pan Pacific International Holdings Corporation

  2. Slide 2: Index

    INDEX １ Overview of Q1 results for fiscal year ending June 2023 2 Appendix 1

  3. Slide 3: Explanatory notes for these materials

    Explanatory notes for these materials 1. The actual values presented in these materials are rounded to the nearest full unit. 2. The following abbreviations are used in these materials: Pan Pacific International Holdings (7532) as “PPIH,” Don Quijote Co., Ltd. and its stores as “DQ,” UNY Co., Ltd. a

  4. Slide 4: Overview of Q1 results

    Overview of Q1 results for fiscal year ending June 2022 3

  5. Slide 5: Earnings summary for FY2023 Q1

    Earnings summary for FY2023 Q1 [Period: July 1, 2022 – September 30, 2022]  Net sales increased 28.2 billion yen from the previous Q1 and operating income increased 7.8 billion yen (up 0.7 billion yen from the FY2021 Q1), achieving a record-high Q1 performance. Steady progress has been made toward

  6. Slide 6: Executive Summary

    Executive Summary • In the domestic retail business, net sales increased by 13.6 billion yen, and operating income increased by 8.0 billion yen compared to the previous Q1, achieving a significant increase in both sales and income.  SSS grew 1.7% YoY, mainly in DS, while new stores and business res

  7. Slide 7: Discount Store Business

    Discount Store Business Sales and operating income increased significantly to 16.3 FY2023 Q1 Change in Sales billion yen and 6.9 billion yen, respectively, through the <100 Million Yen> growth of SSS and the improvement of GPM.  SSS was up 103.3% YoY. Sales of outdoor and leisure goods grew, and a

  8. Slide 8: DS Business: Progress in Efforts to Improve Profitability

    DS Business: Progress in Efforts to Improve Profitability  Started strengthening the cycle of “development → sales → customer evaluation” to expand PB/OEM products.  The sales ratio in Q1 was 16.2% (up 2.9% from the previous Q1), showing steady progress. Development Sales  Strengthening the devel

  9. Slide 9: DS Business: Progress in opening new stores

    DS Business: Progress in opening new stores Don Quijote Munakata (Fukuoka Pref.) Don Quijote Apita Niigata Kameda (Niigata pref.) (Opened on June 25, 2022) (Opened on August 10, 2022) Targeting new families and young adults, the new store Tenant-in-type store opened in conjunction with the opened in

  10. Slide 10: GMS Business

    GMS Business The company focused on improving GPM during the Q1 , as issues in FY2023 Q1 Change in Sales strengthening individual store management became apparent. OP <100 Million Yen> increased by 1.2 billion yen due to improved GPM.  SSS landed at 97.5% of the previous Q1 due to a drop in the dem

  11. Slide 11: Overseas Business

    Overseas Business Progress was generally in line with the budget despite the severe FY2023 Q1 Change in Sales external environment with inflation and various cost increases. <100 Million Yen> (Sales increased and operating income remained at the same level as the previous Q1) ■ Asia Business  Sales

  12. Slide 12: Status of major assets, liabilities and net assets

    Status of major assets, liabilities and net assets (Unit: 100 Million yen) (Unit: 100 Million yen) June 2022 September 2022 June 2022 September 2022 Actual *2 Actual Change Actual *2 Actual Change Current Assets 4,865 4,677 (189) Total Current Cash and 3,264 3,283 19 Deposits 1,768 1,568 (200) Liabi

  13. Slide 13: Status of cash flows and capital expenditure

    Status of cash flows and capital expenditure ▶ Cash Flow Status (Unit: 100 Million yen) ＜Operating Cash Flows：+19.7 billion yen＞ 前Q1 当Q1 ▶ Positive items: 28.5 billion yen in income before 金 額 金 額 増減額 income tax, 10.2 billion yen in depreciation and amortization, and increase of 8 billion yen in Bal

  14. Slide 14: (Reference) October overview for Domestic Discount Store and GMS business

    (Reference) October overview for Domestic Discount Store business and GMS business (Flash Number) SSS in October landed at 102.4% YoY continuing the trend of Q1. Non-food categories such as seasonal and event-demand products at both DS and GMS grew. ▶ Year-on-year change in sales (existing stores) ■

  15. Slide 15: Appendix

    Appendix 14

  16. Slide 16: Overview of results by consolidated businesses

    Overview of results by consolidated businesses Period: July 1, 2022 – September 30, 2022] (Unit: 100 Million yen) FY2022 Q1 FY2023 Q1 Actual Ratio Actual Ratio YoY *1 Domestic DS Business 2,618 58.8% 2,779 58.7% 106.2% Home electrical appliances 210 4.7% 209 4.4% 99.6% Miscellaneous household goods

  17. Slide 17: Q1 Segment Information

    Q1 Segment Information ▶ Segments Overview [Period: July 1, 2021 – September 30, 2021] *1 *2 (Unit: 100 Million yen) Domestic North America Asia Total Adjustment Consolidated Business Business Business External Sales 3,847 463 145 4,455 - 4,455 Inter Company Sales 30 - - 30 (30) - Total 3,877 463 14

  18. Slide 18: Breakdown of SG&A

    Breakdown of SG&A [Period: July 1, 2022 – September 30, 2022] (Unit: 100 Million yen) FY2022 Q1 FY2023 Q1 Actual Ratio Actual Ratio YoY SG&A 1,114 25.0% 1,204 25.4% 108.1% Salaries and allowances 431 9.7% 459 9.7% 106.5% Rent 135 3.0% 144 3.0% 106.7% Commission paid 144 3.2% 144 3.0% 100.0% Deprecia

  19. Slide 19: ESG Initiatives ①

    ESG Initiatives ① ESG Databook – major data Unit Boundary FY2020 FY2021 FY2022 EnvIronment Total scope 1 & 2 GHG emissions 567,357 534,349 522,868 Major domestic Scope 1 t-CO2 corporations 69,012 67,266 70,174 Scope 2 *1 *2 498,345 467,083 452,694 Scope 1 & 2 Major domestic 0.361 0.347 0.336 t-CO2/

  20. Slide 20: ESG Initiatives ②

    ESG Initiatives ② Disclosures Details of other enhanced initiatives Integrated Report ESG Databook ■ Realization of decarbonized society/ Efforts to reduce CO₂ emissions  Establishing Scope 3 data collection and calculation system from this fiscal year to reduce supply chain emissions  Became a su

  21. Slide 21: Store openings/Renovations in FY2023

    Store openings/Renovations in FY2023 Q1 Q2 Q3 Q4 Business Format Full Year Target Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Arao Yonezawa Kyobashi 1 store 1 store 1 store (Kumamoto) (Yamagata) (Osaka) Discount Store Kyoto DQ Karasuma Kichijoji Shichijo （Tokyo） (Kyoto) Susukino (Hokkaido) New：9

  22. Slide 22: Store network

    Store network Number of Domestic Retails Stores Number of Overseas Stores FY2023 FY2023 FY2021 FY2022 FY2021 FY2022 Q1 Q1 Discount store business 444 468 470 North America Business 65 65 65 Don Quijote 226 237 238 California 37 37 37 Hawaii 28 28 28 MEGA Don Quijote *1 139 140 140 Asia Business 19 3

  23. Slide 23: memo

    memo 22

  24. Slide 24: IR information

    IR information IR inquiries Pan Pacific International Holdings Corporation, IR Department 2-19-10 Aobadai, Meguro-ku, Tokyo, 153-0042 TEL: 03-5725-7588 FAX: 03-5725-7024 e-mail : ir@ppih.co.jp IR Calendar Announcement of Q2 results for the fiscal year ending June 2023 (Scheduled) Date of announcemen

  25. Slide 25: 2-19-10 Aobadai, Meguro-ku, Tokyo, 153-0042 TEL: 03-5725-7588 / FAX: 03-5725-7024 / e-mail: ir@ppih.co.jp https://ppi…

    2-19-10 Aobadai, Meguro-ku, Tokyo, 153-0042 TEL: 03-5725-7588 / FAX: 03-5725-7024 / e-mail: ir@ppih.co.jp https://ppih.co.jp/

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