Autobacs Seven Co., Ltd. · TSE:9832
Autobacs Seven — Q1 FY March 2021 Earnings Presentation
23 slides from Autobacs Seven's earnings presentation, Jul 31, 2020
Slide 1: Results for the Three Months ended June 30, 2020
Results for the Three Months ended June 30, 2020 July 31, 2020 AUTOBACS SEVEN CO., LTD.
Slide 2: Table of Contents
Table of Contents １．Overview of Business Results P2～ ２．Domestic AUTOBACS Business P5～ ３．Overseas Business P12～ ４．Topics P13～ ５．Other Documents P19～ 1
Slide 3: Q1 FY March 2021 Consolidated P/L
Overview of Business Results Q1 FY March 2021 Consolidated P/L Decreases in sales and income: Net sales decreased in April and May due to the impact of COVID-19, but recovered to the year-ago level in June Due to the significant impact of COVID-19, demand fell in all businesses. The AUTOBACS Busines
Slide 4: Segment Information
Overview of Business Results Segment Information Three months Three months ended June 30, ended June 30, YoY Summary (Million Yen) 2020 2019 Sales 36,083 41,239 -12.5% Sales of products that were affected by Domestic Gross profit 12,088 12,962 -6.7% demand for new vehicles such as car navigation sys
Slide 5: Sales and profits of Reporting Segments
Overview of Business Results Sales and profits of Reporting Segments Sales Profits （Million Yen） （Million Yen 45,000 4,000 41,239 40,000 Q1 FY2020 36,083 2,967 3,000 Q1 FY2021 35,000 2,443 30,000 2,000 25,000 1,000 20,000 15,000 0 8,290 8,744 -115 -157 -89-174 -38 -60 10,000 -1,000 5,000 2,988 1,952
Slide 6: Retail Sales in Total AUTOBACS Group Stores
Domestic AUTOBACS Business Retail Sales in Total AUTOBACS Group Stores RETAIL SALES INCLUDING FCs: 55.4 billion yen (-10.5% YoY) Result YoY (Billion Yen) 61.9 55.4 70 Second hand 0.8BY -7.4% 1.1 goods & Fuel 60 4.7 0.8 4.5BY -4.4% 6.4 4.5 Statutory safety 50 4.8 inspection 143,000 -7.4% cars 40 Numb
Slide 7: Q1 FY March 2021 Domestic Store Sales (Three-Year Comparison)
Domestic AUTOBACS Business Q1 FY March 2021 Domestic Store Sales (Three-Year Comparison) Retail sales including FCs: -6.3% from two years ago but showed recovery trend in June. Sales Q1 Compared two years ago number of customers Q1 Compared two -6.3％ years ago -4.0％ 10,000 2018 2019 2020 2018 2019 2
Slide 8: Non-Consolidated and Domestic Store Subsidiaries
Domestic AUTOBACS Business Non-Consolidated and Domestic Store Subsidiaries Non-Consolidated：decline in revenue and profit Domestic Store Subsidiaries：decline in revenue and profit （Million Yen） Non-consolidated Domestic Store Subsidiaries Results YoY Results YoY Net Sales 31,375 -4,488 11,982 -926
Slide 9: Sales Trend: Retail & Wholesale
Domestic AUTOBACS Business Sales Trend: Retail & Wholesale 【YoY change for the last 12 months】 60% Increased 46.9% Sales Wholesale 50% demand before the sales tax 41.7% 40% hike and tire price increase Rebound decrease 30% due to 24.0% Decline in consumption tax demand for increase and tire winter D
Slide 10: Total Number of Purchasing Customer and Average Purchasing Price Per Customer
Domestic AUTOBACS Business Total Number of Purchasing Customer and Average Purchasing Price Per Customer 【YoY change for the last 12 months】 30% Total Number of Purchasing Customer 25% 27.7% Average Purchase Price Per Customer 20% 15% 10.6% 7.1% 10% 11.2% 5% 3.3% 3.1% 0.1% -0.1% 0.4% -0.2% 0% -7.0%
Slide 11: Sales Variance by Merchandise (Q1 FY2021)
Domestic AUTOBACS Business Sales Variance by Merchandise (Q1 FY2021) Sales* changes by merchandise category(YoY change in amount; total store basis) (Million Yen） 1,000 Car Electronics Services (excl. Maintenance) Motor Sports Maintenance Inspections/ Accessories Motorcycle 500 426 Wheels 200 Goods
Slide 12: Automobile purchase and sales business
Domestic AUTOBACS Business Automobile purchase and sales business Total 5,633cars YoY -25.2% BtoB Sales Retail Details No. of cars sold Details No. of cars sold To AUTOBACS 174 Used cars 1,780 Seven Sales to AA via AUTOBACS 540 New cars 630 Seven Direct sales 2,509 from stores BtoB total 3,223 Retai
Slide 13: Performance by Overseas Subsidiaries
Overseas Business Performance by Overseas Subsidiaries (Million Yen） France Thailand Singapore Chine Malaysia Australia Number of stores 10 16 2 0 5 0 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q Period FY2021 FY2020 FY2021 FY2020 FY2021 FY2020 FY2021 FY2020 FY2021 FY2020 FY2021 FY2020 Net sales 1,097 1,852
Slide 14: Efforts to Prevent the Spread of COVID-19
Topics Efforts to Prevent the Spread of COVID-19 Response of the AUTOBACS Group associated with the declaration of a state of emergency ✓ Protect customers, business partners and employees: Full enforcement of activities to avoid developing an infection. ✓ Protect the safety and security of vehicles
Slide 15: Efforts to Prevent the Spread of COVID-19
Topics Efforts to Prevent the Spread of COVID-19 Hygiene control at stores and pit in AUTOBACS (examples) Devise ways to encourage Devise ways to reduce Carefully sterilize the waiting customers to leave a space when contact with customers at room, handrails, displays and they stand in line. the reg
Slide 16: Support measures for franchisees
Topics Measures to prevent the spread of the new coronavirus Support measures for franchisees (exemption from fees, deferment of payments, loans) 【Support 1】 Reduction or exemption of expenses for sales promotion Exempting merchants from paying a portion of the cost of national sales promotion expen
Slide 17: Establishment of a new Online Network
Topics Establishment of a new Online Network Strategic alliance with Car Frontier Co., Ltd. an affiliated company of Mitsubishi Corporation（2020.５.１） We announced investment in BEAD Inc. The company operates TIREHOOD, an online tire shop that offers one-stop, tire- related service, including the sal
Slide 18: Establishment of Next-Generation Maintenance Network
Topics Establishment of Next-Generation Maintenance Network Acquisition of Takamori Jidousha Seibi Kogyo Co., Ltd. （2020.5.14） Company name : Takamori Jidousha Seibi Kogyo Co., Ltd. Location ：Tsu, Mie Prefecture Line of business： Car maintenance and repair Capital:10 million yen ✓ Make efforts for s
Slide 19: Building of a New Online Network
Topics Building of a New Online Network Renewal of AUTOBACS official shopping site (August 1, 2020) AUTOBACS official shopping site: https://shop.autobacs.com/ Electronic stamp Digishot® ✓ Easier to operate Site design easier to operate than before Online advance payment even for receipts in stores
Slide 20: Store Openings and Closings
Other Documents Store Openings and Closings FY March 2021 Domestic No. of 1Q（Results） No. of 2Q-4Q（Plan） No. of stores at stores at stores March 31, New S&B Close June 30, New S&B Close stores at March 31, 2020 R/L 2020 R/L 2021 AUTOBACS 490 +1 +1/▲1 ▲2 489 +2 +1/▲1 ▲1 490 Super AUTOBACS 74 74 74 AU
Slide 21: Balance Sheet: Assets
Other Documents Balance Sheet: Assets 178.3BY 185.0BY 199.7BY 172.7BY 175.9BY （Billion yen） 27.6 Cash and deposits 25.7 31.3 28.7 Trade notes 28.2 and accounts 37 receivable 28.3 24.9 21.9 28.3 Merchandise 21.6 23.7 Accounts 20.5 20.7 receivable 20.2 25.1 25.8 Other 14.8 18.9 14.5 current assets 9.9
Slide 22: Balance Sheets: Liabilities and Equity
Other Documents Balance Sheets: Liabilities and Equity 178.3BY 185.0BY 199.7BY 172.7BY 175.9BY （Billion yen） Accounts payable - other 32.2 Short-term 21.4 borrowings 20.3 2.7 12.4 13.1 1.1 1.8 6.3 Accounts 1.5 15.4 17.0 11.8 13.9 11.9 payables 8.0 7.8 8.1 1.0 7.8 8.5 2.0 1.4 1.9 0.9 Other short-term
Slide 23: 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 forecasts made in accordance with information currently available. Actual results may differ materially from forecasts due to suc
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