Create Sd Holdings Co., Ltd. · TSE:3148
Create Sd — 1H FY2017 Earnings Presentation
24 slides from Create Sd's earnings presentation, Jan 13, 2017
Slide 1: FY2017 (6/16-5/17) Interim Results Explanatory Meeting
FY2016 (6/15-5/16) Interim Results Explanatory Meeting FY2017 (6/16-5/17) Interim Results Explanatory Meeting January 15, 2016 January 13, 2017 The earnings forecasts appearing in this material are based on the business environment at the present time, and there is the possibility that actual earnin
Slide 2: FY2017 Interim Results Explanatory Meeting contents
FY2017 (6/16-5/17) Interim Results Explanatory Meeting ■1H FY2017 Consolidated Results 1. Profit and Loss Statement 2. Balance Sheet 3. Statement of Cash Flows ■The Results of The Business Company 1. Profit and Loss Statement (Create SD) 2. New Store Openings 3. Assortment Tailored to Customer Needs
Slide 3: 1H FY2017 Consolidated Results
1H FY2017 Consolidated Results (06/2016 – 11/2016) 3
Slide 4: 1H FY2017 Consolidated Profit and Loss Statement
1. 1H FY2017 Consolidated Profit and Loss Statement 1H FY2016 1H FY2017 (consolidated) (consolidated) YoY % of Share Share (million yen) (million yen) change projection (%) (%) (%) (%) Net sales 113,721 100.0 121,549 100.0 106.9 100.1 Gross profit 30,885 27.2 33,421 27.5 108.2 101.4 SG&A expenses 24
Slide 5: 1H FY2017 Consolidated Balance Sheet
2. 1H FY2017 Consolidated Balance Sheet (million yen) Main Maincauses causesof ofchanges changes May 31, 2016 November 30, 2016 Change (consolidated) (consolidated) Total assets ・ Total assets Cash and cash equivalents ・ Cash and cash equivalents Total assets 99,334 103,356 +4,021 ・ Merchandise +1,6
Slide 6: 1H FY2017 Consolidated Statement of Cash Flows
3. 1H FY2017 Consolidated Statement of Cash Flows (million yen) November November 30, 2015 30, 2016 Change Major Majorbreakdown breakdown (consolidated) (consolidated) 5,122 5,216 +94 Cash flow from ・ Net profit before taxes 7,246 million yen operating activities ・ Net profit before taxes 7,246 mill
Slide 7: The Results of Business Company
The Results of Business Company 7
Slide 8: 1H FY2017 Profit and Loss Statement (Create SD)
1.1H FY2017 Profit and Loss Statement (Create SD) 1H FY2016 1H FY2017 YoY % of Share Share (million yen) (million yen) change projection (%) (%) (%) (%) Net sales 112,860 100.0 120,616 100.0 106.9 100.1 Gross profit 30,904 27.4 33,399 27.7 108.1 101.3 SG&A expenses 24,453 21.7 26,662 22.1 109.0 101.
Slide 9: New Store Openings
2. New Store Openings 14 14new newOTC OTCstores storesand and66ethical ethicalpharmacies pharmacieswere wereopened opened (of (ofwhich which11was wasdedicated dedicatedprescription prescriptionpharmacies) pharmacies) New store openings by area Kanagawa Tokyo Shizuoka Chiba Other Total New stores OTC
Slide 10: Assortment Tailored to Customer Needs
3. Assortment Tailored to Customer Needs Enhance convenience and add dispensing function to raise the profitability of individual stores even in small commercial areas and competitors Cumulatively 18 stores Renovation of existing stores : 12 stores from the previous term ・・Expansion Expansionofofass
Slide 11: Sales
4. Sales Year Yearon onyear year106.9% 106.9%(100.1% (100.1%compared comparedto toplan) plan) Existing Existing store performance at 101.5% comparedwith store performance at 101.5% compared withthe theprevious previousterm term OTC OTCyear yearon onyear year106.6% 106.6%(100.4% (100.4%compared compa
Slide 12: Sales by Segment
5. Sales by Segment Traction Tractionexpertise expertiseof ofthe thepharmacy pharmacybusiness businessand andthe theconvenience convenienceof ofgrocery grocery 1H FY2016 1H FY2017 YoY YoY Sales Share change Sales Share change (million yen) (%) (%) (million yen) (%) (%) Medical and health products 25
Slide 13: Pharmacy Department
6. Pharmacy Department Sales SalesYear Yearon onyear year109.8% 109.8% Number Numberof ofprescription prescriptionsheets sheets112.3% 112.3% 1H FY2017 Impact Impactof ofthe therevision revisionof ofthe themedical medicalpayment payment system systemon onnet netsales sales-7pt -7pt YoY Share change ・
Slide 14: Gross Profit Margin
7. Gross Profit Margin Gross Grossprofit profitmargin margin27.7％ 27.7％ Previous Previousyear yeardifference difference++0.3pt 0.3pt Improvement of OTC gross profit margin +0.1 pt ・・Increase Increasein inthe thenumber numberofofseasonal seasonalgoods goodssold, sold,such suchasasinsect insectrepella
Slide 15: Gross Profit Margin
7. Gross Profit Margin Gross profit margin quarterly year-on-year comparison First half cumulative 27.7％(previous term 27.4%) Previous year difference + 0.3pt 29.0% 1Q 2Q 29.0% First half 6/16 - 8/16 9/16 - 11/16 cumulative 28.5% 28.5% 6/16-11/16 This term 28.2 28.0% 28.0% 27.4 27.7 27.4 +0.3pt 27.5
Slide 16: Expense Rate
8. Expense Rate Expense Expenserate rate22.1％ 22.1％ Previous Previousyear yeardifference difference++0.4pt 0.4pt Personnel expenses +0.5pt ・Increase by a pay raise for existing employees and a revision of various allowances ・A rise in average costs related to changing employment conditions, and recr
Slide 17: Efforts to Improve Productivity
9. Efforts to Improve Productivity Raise Raiseefficiency efficiencyby byexpanding expandingaacomputer-assisted computer-assistedordering orderingsystem system Expansion Expansionofofintroduction introductionstores stores(The (Theintroduction introductionrate ratestands standsatat98%.) 98%.) Introduc
Slide 18: Care Business
10. Care Business Fee-charging Fee-chargingnursing nursinghome homebusiness business ・Improvement ・Improvementof ofoccupancy occupancyraterateby bystrengthening strengtheningsales salesforce force Occupancy Occupancyrates ratesby byfacilities facilities Tokyo: Tokyo:AsAsof ofthe theend endof ofthe t
Slide 19: FY2017 Consolidated The Second Half of the Efforts
FY 2017 Consolidated The Second Half of the Efforts 19
Slide 20: New Store Openings
1. New Store Openings OTC OTCNew NewStore StoreOpenings Openings 14 14stores storesin inthe thefirst firsthalf half26 26stores storesin inthe thesecond secondhalf half Forecast Forecast of 40 stores forthe of 40 stores for thefull fullterm term ・Opening ・Openingnew newstores storesis isplanned plann
Slide 21: Assortment Tailored to Customer Needs
2. Assortment Tailored to Customer Needs Continued Continuedefforts effortswill willbe bemade madeto topromote promotecoordination coordinationbetween between convenience, convenience,generated generatedbybyadding addingmerchandise merchandisethat thatmeet meet customers’ customers’needs, needs,and
Slide 22: Efforts to Improve Productivity
3. Efforts to Improve Productivity Effort Efforttailored tailoredto tonew newassortments assortmentsof ofgoods goods ・Improvement ・Improvementof oflogistics logisticssystem system Review Reviewofofshipping shippingmethods methodsforforshops shopsdirectly directly Improve Improveefficiency efficiency
Slide 23: Pharmacy Efforts
4. Pharmacy Efforts Corresponding Correspondingto tothe themedical medicalfee feerevision revision Raise Raisethe therate rateof ofgeneric genericproduct productusage usage Improvements Improvementsthrough throughproposals proposalsto tomedical medicalinstitutions institutionsand andrequests request
Slide 24: FY2017 Forecasts (Consolidated)
5. FY2017 Forecasts (Consolidated) FY2016 FY2017 (consolidated results) (consolidated projection) Share Share YoY Change (million yen) (million yen) (%) (%) (%) Net sales 231,892 100.0 247,700 100.0 106.8 Gross profit 63,423 27.4 67,730 27.3 106.8 SG&A expenses 49,469 21.3 53,030 21.4 107.2 Operatin