Fullcast Holdings Co., Ltd. · TSE:4848
Fullcast — FY2023 Earnings Presentation
33 slides from Fullcast's earnings presentation, Feb 9, 2024
Slide 1: Consolidated Business Results for the Fiscal Year Ended December 2023
FULLCAST HOLDINGS CO., LTD. (4848) Consolidated Business Results for the Fiscal Year Ended December 2023 (Jan.–Dec. 2023) February 9, 2024 Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved
Slide 2: Agenda
Agenda 1 FY12/23 Consolidated Business Highlights (Jan.–Dec. 2023) 2 FY12/23 Segment Highlights (Jan.–Dec. 2023) 3 FY12/23 Summary 4 FY12/24 Business Forecasts 5 FY12/24 Business Targets and Strategy 6 Progress of Medium-Term Management Plan 2024 7 Shareholder Returns for FY12/23 and FY12/24 Copyrig
Slide 3: FY12/23 Consolidated Business Highlights
FY12/23 Consolidated Business Highlights (Jan.–Dec. 2023) Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 3
Slide 4: Consolidated: FY12/23 Comparison vs. Business Forecast
Consolidated: FY12/23 Comparison vs. Business Forecast Consolidated results exceeded our revised full-year business forecast for the fiscal year ended December 2023 (announced on November 10, 2023) as we exceeded our forecasts for net sales (102.6%), operating profit (103.1%), ordinary profit (103.4
Slide 5: Consolidated: FY12/23 Comparison vs. Business Forecast (By Segment)
Consolidated: FY12/23 Comparison vs. Business Forecast (By Segment) Consolidated net sales exceeded the revised forecast because net sales in the “Short-Term Operational Support Business” exceeded the revised forecast due to growth in dispatching in response to increased short-term staffing demand,
Slide 6: Consolidated: FY12/23 Year-on-Year Comparison
Consolidated: FY12/23 Year-on-Year Comparison Net sales increased by 6.7% year-on-year, due to the successful growth of the mainstay “Placement” and “BPO” services in the “Short-Term Operational Support Business” by the capture of the demand for human resources related to restart of various activiti
Slide 7: Consolidated: FY12/23 Year-on-Year Comparison
Consolidated: FY12/23 Year-on-Year Comparison Ordinary profit declined by 12.1% year-on-year, buoyed by the same factors as operating profit. Profit attributable to owners of parent decreased by 11.1% year-on-year, because of the 346 million yen in gain on sale of investment securities booked as an
Slide 8: FY12/23 Segment Highlights
FY12/23 Segment Highlights (Jan.–Dec. 2023) Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 8
Slide 9: Short-Term: FY12/23 Year-on-Year Comparison
Short-Term: FY12/23 Year-on-Year Comparison Net sales decreased by 0.7% year-on-year, due to the greater-than-expected drop in COVID-19-related special demand, despite the successful growth of the mainstay “Placement” and “BPO” services in the “Short-Term Operational Support Business” by the capture
Slide 10: Short-Term: FY12/23 Year-on-Year Comparison (By Service Category)
Short-Term: FY12/23 Year-on-Year Comparison (By Service Category) （Million yen ） ［Placement and BPO］ Net sales of mainstay “Placement” and “BPO” services increased and gross profit also rose, Rate of FY12/22 FY12/23 Difference amid the continued recovery in client demand change and the capture of th
Slide 11: Sales Support: FY12/23 Year-on-Year Comparison
Sales Support: FY12/23 Year-on-Year Comparison Net sales increased by 7.9% year-on-year, due to sales of telecommunications products continuing to surpass the previous year’s result over the period in the sale of Internet access, which is a mainstay business. Operating profit increased by 50.7% year
Slide 12: Restaurant: FY12/23 Result
Restaurant: FY12/23 Result Net sales were 4,475 million yen due to the recovery of demand in the domestic business. Operating profit was 188 million yen due to net sales of 4,475 million yen and the effect of cuts in SG&A expenses. We have implemented cost reductions since July 2023, and continue to
Slide 13: Security, Other: FY12/23 Year-on-Year Comparison
Security, Other: FY12/23 Year-on-Year Comparison Net sales increased by 1.9% year-on-year, due mainly to an increase in the number of temporary security projects acquired as the COVID-19-related risks decreased. Despite an increase in net sales, operating profit declined by 12.9% year-on-year (opera
Slide 14: FY12/23 Summary
FY12/23 Summary Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 14
Slide 15: FY12/23 Business Targets and Strategy
FY12/23 Business Targets and Strategy Business Targets for the Fiscal Year Ending December 2023 Aiming for create of the Group structure to flexibly address changes in the business environment, and business expansion by improving customer satisfaction based on further service improvement including D
Slide 16: FY12/23 Business Targets and Strategy
FY12/23 Business Targets and Strategy Opened 9 new offices in total as initially planned. New office openings in 1H New office openings in 2H Ichinoseki , Iwate Pref.; Ueda, Nagano Pref.; Nagareyama, Chiba Pref.; Tsuyama, Okayama Suwa, Nagano Pref.; Higashihiroshima, Fullcast Co., Ltd. Pref.; Shimon
Slide 17: Ongoing Initiatives: Hires and Recruitment Expenses
Ongoing Initiatives Initiative 1: Trend in the number of hires and recruitment expenses Hiring activities were carried out following the As a result of appropriate cost control measures, recovery trend in client company demand; Recruitment recruitment expenses decreased by 20.8% and Number of hires
Slide 18: Ongoing Initiatives: Operating Workers and Customers
Ongoing Initiatives Initiative 2: Trend in the number of operating workers Initiative 3: Trend in the number of customers The number of operating workers was 269,571 The number of customers increased by 6.6% year-on-year Number of (a decrease of 6.7% year-on-year), mainly due thanks to the continued
Slide 19: FY12/24 Business Forecasts
FY12/24 Business Forecasts Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 19
Slide 20: Consolidated: FY12/24 Business Forecasts
Consolidated: FY12/24 Business Forecasts In the “Short-Term Operational Support Business,” our mainstay segment, actual demand is expected to grow steadily, although public sector projects related to COVID-19-related operations and Individual Number-related operations will completely decline. The fo
Slide 21: FY12/24 Business Forecasts by Segment and Service Category
FY12/24 Business Forecasts by Segment and Service Category In both “Dispatching” and “Outsourcing” in the “Short-Term Operational Support Business,” the net sales forecast is based on the expectation that public sector projects related to COVID-19-related operations and Individual Number-related ope
Slide 22: FY12/24 Business Targets and Strategy
FY12/24 Business Targets and Strategy Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 22
Slide 23: FY12/24 Business Targets and Strategy
FY12/24 Business Targets and Strategy • Targets for fiscal year 2024 We will further strengthen the business foundation to better respond to the demand related to the restart of various activities following the COVID-19 pandemic and to the labor shortage under the declining labor force. We will
Slide 24: Progress of Medium-Term Management Plan 2024
Progress of Medium-Term Management Plan 2024 Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 24
Slide 25: Progress of Medium-Term Management Plan 2024
Progress of Medium-Term Management Plan 2024 Operating profit Results (Billion yen) Forecasts Medium-Term Management Plan perating profit, a key KPI, was 8.7 billion O yen in the fiscal year ended December Amounts of Strategic 2023, due to a greater-than-expected drop Investments in COVID-19-relat
Slide 26: Shareholder Returns for FY12/23 and FY12/24
Shareholder Returns for FY12/23 and FY12/24 Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 26
Slide 27: FY12/23 Dividends from surplus (Year-End dividends)
FY12/23 Dividends from surplus (Year-End dividends) At the Board of Directors' Meeting held on February 9, 2024, we passed a resolution to pay a 32 yen per share dividend of surplus (year-end dividend), which is the 2 yen above the dividend forecast. The total annual dividend per share is 61 yen per
Slide 28: Dividends in the Coming Fiscal Year
Dividends in the Coming Fiscal Year In order to continue to realize an ROE of over 20%, we will firmly maintain our target of a total return ratio of 50% as part of our policy on returns of profits to shareholders. For a flexible return of profits to shareholders, we have the options of offering a d
Slide 29: (Reference) Basic Stance on Capital Policy
(Reference) Basic Stance on Capital Policy ■Basic Stance on Capital Policy The Fullcast Group maintains a basic policy of maximizing capital efficiency and securing financial soundness to achieve sustained improvement in corporate value. • Maintaining a total return ratio of 50% relative to sharehol
Slide 30: (Reference) Sustainability Policy
(Reference) Sustainability Policy We endorse all 17 goals of SDGs. In addition, we consider contributing to the following the goals of SDGs by implementing and promoting our corporate philosophy of “Providing the best place for people to bring out their best” as a core value of our Company. 8. Desce
Slide 31: (Reference) Group Companies List
(Reference) Group Companies List Optimizes Group-wide resources and Provides services such as data entry and order Fullcast Holdings Co., Ltd. strategies, as well as directing the business BOD Co., Ltd. management outsourcing, credit sales screening operations of group companies agency, billing agen
Slide 32: Disclaimer
Disclaimer • Fullcast Holdings’ IR materials have been prepared for the purpose of providing information about our Company, and are not a solicitation for investment. Readers are advised to use these materials at their own discretion and are solely responsible for all decisions based on such use. Al
Slide 33: Providing the best place for people to bring out their best.
Providing the best place for people to bring out their best. [Inquiries] IR : +81-3-4530-4830 URL : https://www.fullcastholdings.co.jp/en/ Email : IR@fullcast.co.jp Copyright © 2024 by FULLCAST HOLDINGS CO., LTD. All rights reserved 33