Pan Pacific International Holdings Corporation · TSE:7532
Pan Pacific International — Don Quijote Holdings — FY2018 Earnings Presentation
14 slides from Pan Pacific International's earnings presentation, Aug 10, 2018
Slide 1: Results for FY 2018 Earnings Results
Don Quijote Holdings Co., Ltd. Results for FY 2018 Earnings Results July 1, 2017 - June 30, 2018 August 10, 2018
Slide 2: Earnings summary
Earnings summary 12 months to June 2018 12 months to June 2017 Consolidated (Millions of yen) Actual Share YoY Actual Share Net sales 941,508 100.0% 113.6% 828,798 100.0% Gross profit 243,991 25.9% 111.6% 218,580 26.4% SGA 192,423 20.4% 111.6% 172,395 20.8% Operating profit 51,568 5.5% 111.7% 46,185
Slide 3: Same-store sales
Same-store sales 110.0% 105.0% 100.0% 95.0% 2015 2016 2016 2017 2017 2018 Dec. Jun. Dec. Jun. Dec. Jun. 2017 2018 Existing stores Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Sales (%) 102.6 102.1 103.2 102.1 102.8 105.1 105.2 105.1 106.4 102.6 105.9
Slide 4: Sales breakdown by product category
Sales breakdown by product category 12 months to June 2018 12 months to June 2017 Consolidated (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 76,698 8.1% 111.3% 68,912 8.3% Miscellaneous household goods 217,257 23.1% 118.4% 183,505 22.1% Foods 311,565 33.1% 113.5% 274,553
Slide 5: The number of stores
The number of stores (Number of stores) FY2016 FY2017 FY2018 Don Quijote 194 198 209 MEGA 39 40 43 New MEGA 55 72 80 Others 39 44 47 Total stores in Japan 327 354 379 Overseas 14 14 39 Global Total 341 368 418 Domestic opening 40 32 55 Domestic closure 5 5 5 Net increase 35 27 50 31 new stores wer
Slide 6: Key components in SG&A
Key components in SG&A 12 months to June 2018 12 months to June 2017 Consolidated (Millions of yen) Actual Share YoY Actual Share Net sales 941,508 100.0% 113.6% 828,798 100.0% Salary allowance 71,941 7.6% 111.5% 64,538 7.8% Rent 28,330 3.0% 121.3% 23,357 2.8% Commission paid 22,957 2.4% 117.6% 19,5
Slide 7: Sales and profit by business
Sales and profit by business Sales, profit and loss by segment from Jul.1, 2017, to Jun.30, 2018 (Millions of yen) Adjusted Consolidated Retail store Rent income Others Total Consolidated amount Sales to external customers 913,497 21,295 6,716 941,508 - 941,508 Internal sales or transfers between se
Slide 8: Sales, profit and asset by subsidiaries
Sales, profit and asset by subsidiaries Sales, profit and asset by subsidiaries from Jul.1, 2017, to Jun.30, 2018 (Millions of yen) Consolidated Don Quijote 1) Doit Nagasakiya 2) Overseas 3) JAM 4) Consolidated Net sales 666,052 16,820 177,825 67,383 19,736 941,508 Operating profit 26,620 171 4,941
Slide 9: Balance Sheet
Balance Sheet (Millions of yen) (Millions of yen) Consolidated As of June 30, Change from Consolidated As of June 30, Change from 2018 June 30, 2017 2018 June 30, 2017 Total current assets 244,125 16,540 Total current liabilities 171,886 7,061 Cash and deposits 71,973 (4,367) Accounts payable 93,030
Slide 10: Cash flows and Capital expenditure
Cash flows and Capital expenditure (Millions of yen) Consolidated Cash Flows 12 months to June 12 months to June Change 2018 2017 Cash and equivalents at beginning of period 78,094 44,496 33,598 Cash flows from operating activities 46,081 56,441 (10,360) Cash flows from investing activities (164,443
Slide 11: Earnings summary for Q4
Earnings summary for Q4 3 months to June 2018 3 months to June 2017 Consolidated (Millions of yen) Actual Share YoY Actual Share Net sales 238,352 100.0% 114.1% 208,811 100.0% Gross profit 63,376 26.6% 115.9% 54,675 26.2% SGA 51,868 21.8% 113.7% 45,627 21.9% Operating profit 11,508 4.8% 127.2% 9,047
Slide 12: Sales breakdown by product category for Q4
Sales breakdown by product category for Q4 3 months to June 2018 3 months to June 2017 Consolidated (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 16,728 7.0% 105.9% 15,791 7.6% Miscellaneous household goods 54,775 23.0% 109.3% 50,128 24.0% Foods 78,820 33.1% 110.8% 71,16
Slide 13: Key components in SG&A for Q4
Key components in SG&A for Q4 3 months to June 2018 3 months to June 2017 Consolidated (Millions of yen) Actual Share YoY Actual Share Net sales 238,352 100.0% 114.1% 208,811 100.0% Salary allowance 19,150 8.0% 117.6% 16,286 7.8% Rent 7,485 3.1% 121.6% 6,156 2.9% Commission paid 6,439 2.7% 116.7% 5,
Slide 14: Forecast for fiscal June 2019
Forecast for fiscal June 2019 FY2019 Forecast FY2018 1H Forecast Consolidated (Millions of yen) Plan Share YoY Plan Share Net sales 1,000,000 100.0% 106.2% 503,000 100.0% Gross profit 260,000 26.0% 106.6% 131,800 26.2% SGA 207,000 20.7% 107.6% 102,300 20.3% Operating profit 53,000 5.3% 102.8% 29,500