Autobacs Seven Co., Ltd. · TSE:9832
Autobacs Seven — Q1 FY2012 Earnings Presentation
17 slides from Autobacs Seven's earnings presentation, Aug 1, 2011
Slide 1: Results for the Three Months ended June 30, 2011
【Reference】 Translation Results for the Three Months ended June 30, 2011 August 1, 2011 AUTOBACS SEVEN CO., LTD.
Slide 2: P/L for the First Three Months of FY 2012
P/L for the First Three Months of FY 2012 BOTH SALES & PROFIT RISING：Net sales and gross margin ratio increased due to smaller than expected impact of the earthquake, boosted sales of tires before the price hike, and strong sales of tuners for digital terrestrial broadcasting. (Billion Yen) Three mo
Slide 3: Retail Sales Trend
Retail Sales Trend 【YoY change for the last 12 months】 15.0 （％） 10.0 6.3 5.0 5.0 3.7 3.4 0.7 3.5 1.8 0.1 0.0 1.8 -1.5 0.6 -1.5 -2.0 -2.5 -0.9 -1.2 -0.7 -1.6 -2.1 -4.7 -2.2 -1.2 -2.4 -5.0 -7.3 -10.0 Sales Number of purchasing customers -15.0 July Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun *Domestic
Slide 4: Sales Ups & Downs by Merchandise
Sales Ups & Downs by Merchandise 【Same Store Basis】 Sales: - 0.1 % YoY, Number of customers: -1.9% YoY Retail sales ups and downs by merchandise category (Million Yen) (for three months ended June 30 2011, YoY change in amount, total store basis) 1,200 1,000 936 digital terrestrial TV broadcasting g
Slide 5: Retail Sales Including Franchisees
Retail Sales Including Franchisees RETAIL SALES INCLUDING FCs*: 68.9 billion yen (＋0.4% YoY) (Billion Yen) 80 68.6 68.9 Second hand goods & Fuel: 1.0 BY (+6.3% YoY） 70 0.9 1.0 3.4 3.4 3.2 3.4 Statutory safety inspection: 3.4 BY (+1.6% YoY) 60 Number of cars inspected： 118,000 cars (+6.8% YoY) Number
Slide 6: Major Drivers of YoY changes
Major Drivers of YoY changes (Billion Yen) Three months ended June 30, 2011 Three months Results YoY ended June % of Sales Major drivers of variance change 30, 2010 Net sales Non-consolidated: +0.5BY +0.5％ 59.3 Domestic store subsidiaries: +0.2BY 59.0 +0.29BY Overseas store subsidiaries: +0.5BY Gros
Slide 7: Decrease in Consolidation Adjustments
Decrease in Consolidation Adjustments Consolidation Adjustments (Million Yen) Three months ended Three months ended June 30, 2011 June 30, 2010 Operating Income for segment total 3,835 2,437 Inventories (Unearned income of subsidiary inventories, etc.) (436) (306) Depreciation of Goodwill (19) (33)
Slide 8: Performance Breakdown (Three months ended Jun 30, 2011)
Performance Breakdown (Three months ended Jun 30, 2011) Parental company (Non-consolidated) Net Sales +0.68 BY ↑Tires & wheels, other equipments, fuel, new & used cars Wholesale +1.5% ↓Car electronics devices, motorsports goods 50.5 BY -0.16 BY Store closures at direct-operating stores YoY: +0.48 BY
Slide 9: Segment Information
Segment Information (Billion yen) Three months ended Three months ended YoY June 30, 2011 June 30, 2010 change Net Sales 50.5 50.0 +1.0 Non-consolidated Ordinary Income 3.7 2.6 +43.3 Domestic store Net Sales 19.3 19.0 +1.3 subsidiaries Ordinary Income (0.1) (0.4) － Net Sales 2.5 2.0 +23.3 Overseas s
Slide 10: Results of Overseas by Country
Results of Overseas by Country FRANCE CHINA SINGAPORE THAILAND Number of stores at June 30, 2011 11 5 2 4 --including FCs stores- Same store sales +6.5% -6.7% +12.4% +12.4% -including FC stores- 4/1/2011 4/1/2010 4/1/2011 4/1/2010 4/1/2011 4/1/2010 4/1/2011 4/1/2010 Period through through through th
Slide 11: Balance Sheet / Assets
Balance Sheet / Assets 209.9BY 199.5BY 234.9BY 207.8BY 206.1BY (Billion Yen) 47.1 Cash and deposits 44.6 43.8 42.9 38.8 Trade notes 40.4 and account receivables 26.3 22.5 23.0 23.4 Lease investment 13.6 assets 14.4 13.8 13.4 13.7 10.7 Marketable securities 12.1 13.1 13.3 13.3 20.4 Inventories 17.7 1
Slide 12: Balance Sheet / Liabilities & Net Assets
Balance Sheet / Liabilities & Net Assets (Billion Yen) 209.9BY 199.5BY 234.9BY 207.8BY 206.1BY Trade notes & 41.7 accounts payable 19.1 15.3 14.3 17.0 ST borrowings and 4.7 3.3 3.2 3.2 corporate bond 4.0 23.0 22.2 19.6 16.8 20.4 Other ST liabilities Bonds and LT debts 8.4 8.3 9.0 8.7 8.4 10.6 10.5 1
Slide 13: Store Openings and Closings (Results & Forecasts)
Store Openings and Closings (Results & Forecasts) < Domestic stores > Fiscal year ending March 31, 2012 No. of 4/1/2011 through No. of 7/1/2011 through No. of stores as 6/30/2001 (result) stores as 3/31/2012 (forecast) stores as of March of June of March 31, 2011 New S/B・R/L Close 30, 2011 New S/B・R
Slide 14: Progress of AUTOBACS 2010 Business Plan
Progress of AUTOBACS 2010 Business Plan Measures Progress of individual measure １．Improving store profitability 1) Store reform ・Completed reform at 32 stores 2) Merchandise/ ・Continued negotiation with suppliers to improve purchase reform rebate income for both stores and headquarters ・Recorded hig
Slide 15: Store Reform Results
Store Reform Results Achievements for the first three months ended June 30, 2011 Stores before reform After-reform stores (283 stores) (126 stores*) Difference -YoY change ratio- - YoY change ratio - Retail sales 98.5％ 102.0％ +3.5pt Number of customers 97.0％ 99.1％ +2.1pt Sales of automotive goods 98
Slide 16: Stores Opened on and after April 2011
Stores Opened on and after April 2011 AUTOBACS OBIHIRO 21-JO Store AUTOBACS MATSUYAMA HOMEN Store AUTOBACS TOKAMACHI Store (Opened on April 14, 2011) (Opened on April 21, 2011) (Opened on April 22, 2011) AUTOBACS ISHIKARI HANAKAWA Store AUTOBACS ENIWA Store AUTOBACS BUSSHOZAN Store （Opened on May 27
Slide 17: Forward-Looking Statements
Forward-Looking Statements These materials include forecasts regarding the Company’s future plans, strategies, and performance. This information is based on judgments and estimates made in accordance with information currently available. Actual results may differ materially from forecasts due to suc