Autobacs Seven Co., Ltd. · TSE:9832
Autobacs Seven — Q3 FY March 2023 Earnings Presentation
32 slides from Autobacs Seven's earnings presentation, Jan 31, 2023
Slide 1: Results for the Nine Months Ended December 31, 2022
Results for the Nine Months Ended December 31, 2022 AUTOBACS SEVEN CO., LTD. January 31, 2023 Note: AUTOBACS SEVEN doesn’t hold an analyst meeting for third quarter results. This document is provided for reference only to help you understand the company’s financial results.
Slide 2: Contents
Contents Results for the Nine Months Ended December 31, 2022 １． Overview of Business Results P.２～ ２． Domestic AUTOBACS Business P.５～ ３． Overseas Business P.７～ ４． Car Dealership, BtoB and P.９～ Online Alliance Business TOPICS 5．TOPICS: P.11～ Five-year Rolling Plan, SDGs 6．Other Documents P.26～ 1
Slide 3: 3Q FY March 2023 Consolidated P/L
Overview of Business Results 3Q FY March 2023 Consolidated P/L Net sales and income increased, despite the impact of a reduction in new car production and a surge in the prices of crude oil and raw materials The Domestic AUTOBACS Business performed solidly by capturing demand for winter season items
Slide 4: 3Q FY March 2023 Consolidated P/L Five Years Transition
Overview of Business Results 3Q FY March 2023 Consolidated P/L Five Years Transition Sales and income continued to increase compared to normal years* excluding any special factors. *Comparison with 1Q-3Q FY March 2019 and 1Q-3Q FY March 2022 (Billion yen) Sales (Billion yen) Income 190 11 Special fa
Slide 5: Segment Information
Overview of Business Results Segment Information FY March 2023 FY March 2022 (Million yen) YoY Summary 1Q-3Q 1Q-3Q Sales 138,105 133,610 +3.4% Demand for car electronics and car interior goods fell due to a decline in new car Domestic Gross profit 45,689 44,512 +2.6% production. Although tire prices
Slide 6: Retail Sales Including FCs: 214.3 billion yen (+4.4% YoY)
Domestic AUTOBACS Business Retail Sales in Total AUTOBACS Group Stores Retail Sales Including FCs: 214.3 billion yen (+4.4% YoY) （Billion yen） Result YoY 250 205.2 214.3 Automotive goods & services 166.9 BY +1.5% 200 27.9 BY +26.7% Used car 150 purchase & sales 24,277 164.5 166.9 +12.3% cars Number
Slide 7: Sales Variance by Merchandise
Domestic AUTOBACS Business Sales Variance by Merchandise Sales changes by merchandise category (YoY change in amount; total store basis) (Million yen) 5,000 4,224 4,000 3,000 1,771 Car Electronics 2,000 Motor Sports Maintenance Accessories Car Leisure Car Repair 895 1,000 686 Goods Goods 464 Items P
Slide 8: Overseas Business Sales and Operating Income Changes
Overseas Business Overseas Business Sales and Operating Income Changes Sales increased and operating loss decreased due to the recovery of retail and the favorable performance of wholesale, offsetting the impact of inflation and Ukraine situation. Sales (Million yen) Operating income (Million yen) 1
Slide 9: Performance by Overseas Subsidiaries
Overseas Business Performance by Overseas Subsidiaries (Million yen) France Australia Singapore China Malaysia Number of stores 10 0 2 0 5 23/3 22/3 23/3 22/3 23/3 22/3 23/3 22/3 23/3 22/3 Period 1Q-3Q 1Q-3Q 1Q-3Q 1Q-3Q 1Q-3Q 1Q-3Q 1Q-3Q 1Q-3Q 1Q-3Q 1Q-3Q Net sales 5,521 4,856 2,201 1,758 1,301 947
Slide 10: Car Dealer, BtoB and Online Alliance Business Sales and Operating Income Changes
ディーラー・BtoB・ Car Dealership, BtoB and ネット事業 Online Alliance Business Car Dealer, BtoB and Online Alliance Business Sales and Operating Income Changes The business returned to profitability due to efforts for efficient operations in the Car Dealership Business and steady performance in the BtoB Busine
Slide 11: Car Dealer, BtoB and Online Alliance Business Overviews
ディーラー・BtoB・ Car Dealership, BtoB and ネット事業 Online Alliance Business Car Dealer, BtoB and Online Alliance Business Overviews Car Dealership Business ✓ Signed dealership agreement with BYD Auto Japan Co., Ltd. in December 2022. This enabled the Company to promote four brands, adding BYD to BMW, MINI a
Slide 12: Our Goals through Five-year Rolling Plan
TOPICS Our Goals through Five-year Rolling Plan Actively promote collaboration across business boundaries to improve customer convenience 11
Slide 13: FY2023 New Management Structure
TOPICS FY2023 New Management Structure New management structure （effective April 1, 2023） Aiming to increase speed of the Corporate AUTOBACS Business decision-making and the business General Manager Western Japan Sales Operations Corporate transformation, the Company Executive General Manager Chief
Slide 14: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Multi-Dealer Network Efforts to create networks ■Concluded a dealership agreement with BYD Auto Japan Co., Ltd. - Concluded a dealership agreement with BYD Auto Japan, an electric vehicle manufacturer, in December 2022. - Operates official dealerships of four
Slide 15: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Next- Generation Service Pit Network Efforts to create networks Maintenance Network ■Establishment of the maintenance network ■ Cooperation with local dealers and through a comprehensive alliance with BS- maintenance shops by establishing ADAS Summit Business
Slide 16: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX ■Launch of a cloud-based service Efforts to create networks detecting drunkenness and ■New function “Machijikan alcohol consumption for Yoyaku” (waiting time reservation) corporate use installed in AUTOBACS official app Online Network （October 2021） Automotive
Slide 17: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives of each business （January 2023） ■Tesla Express Service Center Kyoto opened in A PIT AUTOBACS KYOTO SHIJO - This is the second Tesla Service Center in an AUTOBACS Group store. The first Tesla Service Center opened in A PIT AUTOBACS SHINONOME in May
Slide 18: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives of each business （December 2022） ■ A new collaboration with Nissan Motor Co., Ltd. Dedicated items for light electric vehicle Nissan SAKURA - Developed two items, a dedicated interior panel and a dedicated interior rubber mat for the light electric
Slide 19: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives of each business （November 2022） ■ Announcement of light camper GMLVAN S-01 under the label of GORDON MILLER MOTORS - Two functional models of campers have been sold under the label of GORDON MILLER MOTORS, a label for original custom cars, since 2
Slide 20: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives of each business （January 2023） ■ Unveiling of VIGALE, the second custom car from ARTA MECHANICS - ARTA MECHANICS, a custom car brand under the ARTA racing sports brand, unveiled VIGALE, its second custom car, at the Tokyo Auto Salon 2023. - ARTA b
Slide 21: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX IT Information Infrastructure Infrastructure Initiatives for the establishment of business foundations ◼ Making AB System Solutions Co., Ltd. a DX strategy subsidiary - Make AB System Solutions our wholly owned subsidiary on April 1, 2023 （shareholding ratio：1
Slide 22: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Logistics Infrastructure Initiatives for the establishment of business foundations ◼ Logistics reform through an AI-based DX of logistics (January 2022) — Invested in GROUND, a provider of logistics solutions, and concluded a business alliance agreement — - Vi
Slide 23: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives for the establishment of ■Selected under the 2022 Certified business foundations Health & Productivity Management Outstanding Organizations Recognition ■Recognized as a DX-certified operator Program (White 500) (March 2022) HR IT Information Infras
Slide 24: Initiatives for ESG・SDGs
TOPICS Initiatives for ESG・SDGs Materiality was identified through discussions at the Board of Directors Society we want to realize Our ideal company we want to be Safe, secure, and gentle society in which people, cars, and the Professional & Friendly environment exist in harmony Social issues that
Slide 25: Initiatives for ESG・SDGs
TOPICS Initiatives for ESG・SDGs Non-financial targets and KPIs to be addressed by the Company to achieve the four Materiality's Results of Goals for Non-financial targets Range KPI 2021 2030 Consolidated Selling products for preventing accidents 170,000/year 230,000/year Promoting efforts to achieve
Slide 26: Response to Climate Change
TOPICS Response to Climate Change Positioning its response to climate change as an important management issue, the Company expressed its support for the TCFD recommendations in June 2022 The TCFD Disclosure Team responsible for analyzing scenarios has been established to engage in the task of identi
Slide 27: Used Car Purchasing and Sales: 24,277 cars YoY +12.3%
Other Documents Used Car Purchasing and Sales Total 24,277cars YoY +12.3％ BtoB Sales Retail Details No. of cars sold Details No. of cars sold Sales to 634 Used cars 4,738 Headquarters Sales to AA(Auto Auction) via 3,475 New cars 2,774 Headquarters Direct sales from 12,656 stores BtoB total 16,765 Re
Slide 28: Domestic Store Sales/Number of Purchasing Customers Changes
Other Documents Domestic Store Sales/Number of Purchasing Customers Changes [Same store basis (YoY)] (1Q-3Q) Sales: +4.2%, Number of purchasing customers: -3.2% Same store sales and number of purchasing customers at domestic AUTOBACS-chain stores (YoY) Sales 10% 0% -10% 10% Number of purchasing cust
Slide 29: Store Openings and Closings
Other Documents Store Openings and Closings FY March 2023 Domestic No. of No. of stores at 1Q-3Q (Result) No. of 4Q (Plan) stores at stores end of stores at end of March New S&B R/L Close end of Dec New S&B R/L Close March 2022 2022 2023 AUTOBACS 494 +2 +2/-1 497 -1 496 Super AUTOBACS 74 74 +1/-1 74
Slide 30: Balance Sheet: Assets
Other Documents Balance Sheet: Assets (Billion yen) 214.9 BY 189.9 BY 183.3BY 183.1 BY 221.8 BY Cash and 29.3 deposits 28.5 Notes and accounts 24.8 35.6 29.1 22.5 receivable - 37.3 trade 25.8 22.9 Merchandise 24.2 26.1 21.7 Accounts 21.5 25.6 receivable - 23.1 32.0 33.9 other 25.7 19.3 16.7 Other cu
Slide 31: Balance Sheet: Liabilities and Equity
Other Documents Balance Sheet: Liabilities and Equity (Billion yen) 214.9 BY 189.9 BY 183.3 BY 183.1 BY 221.8 BY Notes and 34.7 34.3 accounts payable - 17.7 7.1 trade 6.5 15.3 14.6 1.7 1.7 0.9 20.2 19.6 14.4 12.1 12.6 Short-term borrowings 15.2 12.8 12.6 11.8 16.1 2.0 4.9 5.2 5.7 4.6 Accounts 15.3 1
Slide 32: 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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