Tsi Holdings Co., Ltd. · TSE:3608

Tsi — Q1 FY2016 Earnings Presentation

18 slides from Tsi's earnings presentation, Jul 17, 2015

  1. Slide 1: Results Briefing: Q1 (March to May 2015) Results of 2016 Ending February

    Results Briefing: Q1ST(March to May 2015) Results of 2016 Ending February 2015.7.17

  2. Slide 2: I. Results Overview

    I. Results Overview  The amounts given in this material are rounded down to the nearest million yen. 2 TSI HOLDINGS CO., LTD. All Rights Reserved.

  3. Slide 3: Consolidated Financial Highlights – Profit and Loss

    Consolidated Financial Highlights –Profit and Loss- Net Sales 43,977 million yen (Y/Y 95.1%）,Operating Profit 1,596 million yen (Y/Y 65.0%) (Unit: Million yen) Q1ST Q1ST 2015 Ending Feb. 2016 Ending Feb. Composition Composition Y/Y Results Results Y/Y Rate Rate Change Net Sales 46,261 100.0% 43,977

  4. Slide 4: Consolidated Financial Highlight – SG&A Expenses

    Consolidated Financial Highlight –SG&A Expenses- (Unit: Million yen) Q1ST Q1ST Q1ST 2016 Ending Feb. 2015 Ending Feb. － 2015 Ending Feb. (Closed Businesses) ＝ 2015 Ending Feb. (Ongoing Businesses) Q1ST Ongoing Businesses Y/Y Sales Sales Sales Sales Results Results Results Results Change % Comparison

  5. Slide 5: TOP10 Brands Overview

    TOP10 Brands Overview Gross profit ratio of 6 brands improved Y/Y (Unit: Million yen) Q1ST Q1ST Y/Y 2015 Ending Feb. 2016 Ending Feb. Sales Gross Profit Sales Gross Profit Gross Profit Brand Sales Composition Ratio Composition Ratio Ratio 1 nano・universe 5,940 12.8% 58.8% 5,859 13.3% 59.5% 98.6% +0.

  6. Slide 6: Market & Major Subsidiaries Overview

    Market & Major Subsidiaries Overview Market Overview  Last year, before the consumption tax increase, the number of customers increased following events and fairs held at department stores and shopping centers therefore the number of customers decreased this year.  Casual pants are currently the m

  7. Slide 7: II. Further Details of Medium-Term Management Plan

    II. Further Details of Medium-Term Management Plan From 2016 to 2018 Ending February  The amounts given in this material are rounded down to the nearest billion yen. 7 TSI HOLDINGS CO., LTD. All Rights Reserved.

  8. Slide 8: Introduction: Basic Principles

    Introduction Basic Principles Investment in major brands Implement of management Establish new generation based on the strongest business through selection and fashion businesses to portfolio by utilizing concentration increase profitability resources of subsidiaries 8 TSI HOLDINGS CO., LTD. All Rig

  9. Slide 9: Growth Scenario: Basic Strategy

    Growth Scenario Basic Strategy 2016 Ending Feb. 2017 Ending Feb. 2018 Ending Feb. Make existing businesses profitable Operating Operating profit ratio profit ratio Establish a structure for reducing costs 7% 5% Improve capital efficiency ROE Promote and develop new businesses 5% 1. Aim to achieve 5%

  10. Slide 10: President's Key KPI = Maximize Market Capitalization

    President’s Management Policy President’s Key KPI = Maximize Market Capitalization TSI ×３ =GR EAT JOB x2 of Nikkei Index growth ⇒GOOD JOB TSI × ２ = GOOD J OB x3 of Nikkei Index growth ⇒GREAT JOB Nikkei Index 2015/5/28 2018/5/31 Objectives for 3 years up to 2018 Ending February Aim to accomplish foll

  11. Slide 11: Revenue Improvement Scheme 1. Net Sales

    Revenue Improvement Scheme 1. Net Sales Strategy to Increase Net Sales [Net Sales] Full contribution of the stores opened in the H2 of 2015 Ending Feb. (89 stores), Overseas M&A Net sales of 2015 Ending Feb. of approx. +5 bn yen closed/replacement of stores in line 2018 Ending Feb. closing 11 brands

  12. Slide 12: Revenue Improvement Scheme 2. Operating Profit

    Revenue Improvement Scheme 2. Operating Profit Strategy to Increase Operating Profit [Operating Profit] 1.4 bn yen contribution (profit base) in line with the 26 bn yen increase in sales, including sales from stores opened in place 14 bn yen Target 2%pt improvement in the gross profit ratio of subsi

  13. Slide 13: Revenue Improvement Scheme 3. Profit and Loss

    Revenue Improvement Scheme 3. Profit and Loss Image of Profit and Loss Reformation (Unit: hundred million yen) 2015 Ending Feb. 2015 Ending Feb. 2016 Ending Feb. Ongoing Businesses 1. Business Closure Consolidated PL － Closed Businesses － Closing Businesses ＝ Consolidated PL Net Sales 1,808 62 140 1

  14. Slide 14: III. Reference Data

    III. Reference Data 14 TSI HOLDINGS CO., LTD. All Rights Reserved.

  15. Slide 15: Domestic Comparable-Store Sales Rate

    Domestic Comparable-Store Sales Rate Y/Y Q1ST 2015 Ending Feb. Q1ST 2016 Ending Feb. TOP10 : 110.7% TOP10 : 95.9% TSI ALL: 105.4% TSI ALL: 95.3% Month 2014 2015 *Net sales of m. tsubomi which operates in China is excluded from that of Top 10 total 15 TSI HOLDINGS CO., LTD. All Rights Reserved.

  16. Slide 16: Net Sales Per Channel

    Net Sales Per Channel (Unit: Million yen) Q1ST Q1ST 2015 Ending Feb. 2016 Ending Feb. Composition Composition Composition Rate Results Results Y/Y Rate Rate Y/Y Change Department Stores 12,506 27.0% 10,834 86.6% 24.6% -2.4pt Commercial Facilities(*1) 22,591 48.8% 21,732 96.2% 49.4% +0.6pt E-Commerce

  17. Slide 17: Store Distribution

    Store Distribution Q1ST Q1ST 2014 Ending Feb. 2015 Ending Feb. 2015 Ending Feb. 2016 Ending Feb. # of Stores 1,795 1,833 1,570 1,623 Domestic Y/Y Change - 329 + 38 - 225 + 53 # of Stores 253 245 223 230 Overseas Y/Y Change - 10 -8 - 30 +7 # of Stores 2,048 2,078 1,793 1,853 Total Y/Y Change - 339 +

  18. Slide 18: TSI HOLDINGS CO., LTD. All Rights Reserved.

     The forecast performance for TSI Holdings indicated in this material is based on the assessments/assumptions from the information available as of this material’s date. Actual performance may differ depending on various factors. 18 TSI HOLDINGS CO., LTD. All Rights Reserved.

TSI Holdings — Q1 FY2016 Earnings Presentation on 6ix