Premium Group Co., Ltd. · TSE:7199
Premium — Q3 FY2021 Earnings Presentation
25 slides from Premium's earnings presentation, Feb 5, 2021
Slide 1: Financial Results Presentation for Q3 of FY Ending March 31, 2021
Financial Results Presentation for Q3 of FY Ending March 31, 2021 Feburuary ５, 2021 TSE First Section: 7199 Premium Group Co., Ltd.
Slide 2: Contents
Contents (1) Summary of Financial Results for Q3 of FY Ending March 31, 2021 (2) Appendix 2
Slide 3: Summary of Financial Results for Q3 of FY Ending March 31, 2021
(1) Summary of Financial Results for Q3 of FY Ending March 31, 2021
Slide 4: Highlights from Q3 of FY Ending March 31, 2021
Highlights from Q3 of FY Ending March 31, 2021 Automobile market recovering Operating income saw soaring growth amid rising revenue for both loans and warranties and other revenue from subsidiaries Number of new passenger vehicles registered: 15.2% increase YoY Market Number of used passenger
Slide 5: Consolidated Performance for Q3 of FY Ending March 31, 2021
Consolidated Performance for Q3 of FY Ending March 31, 2021 (Graph/table unit: millions of yen) Operating income totaled ¥12,788 million (up 25.7% YoY) on generation of stock (deferred profit) from business growth Profit before tax of core business excluding one-off factors totaled ¥2,279 millio
Slide 6: About Profit before Tax of Core Business
About Profit before Tax of Core Business (Graph unit: millions of yen) Booked one-off profits of ¥1,656 million in FY20 and ¥520 million for FY21 Profit before tax of core business excluding one-off factors totaled ¥2,279 million, up 43.7% YoY One-off profit Profit before tax One-off profit Q3 Y
Slide 7: Credit Finance Business: Total Volume of New Loans
Credit Finance Business: Total Volume of New Loans Total volume of new loans 131.1 Q3 YTD Q3 YTD Total volume of new loans Credit profit ¥117.6 Auto loan PH Down Up billion Auto loan PH…The average (Billions of yen) monthly total volume of new loans 10.3% YoY 0.1% YoY per sales staff 95.5 Q3 alone T
Slide 8: Credit Finance Business: Loan Receivables
Credit Finance Business: Loan Receivables Loan receivables ¥340.5 billion Total volume of new loans Delinquency rate (more than 3 months) (Billions of yen; %) 301.9 +12.8% YoY Delinquency rate Q3 YTD loan receivables Q3 YTD delinquency rate 234.8 1.08% Topics on the Ratio of Nonaccrual Loans Outstan
Slide 9: Credit Finance Business: Number of Network Stores
Credit Finance Business: Number of Network Stores Number of credit network stores (Companies) 23,820 22,574 Number of credit network stores: 20,140 +5.5% YoY YTD number of network stores Factors driving change In Q3, we will focus on increasing our market share among existing franchisees and promo
Slide 10: Automobile Warranty Business: Total Volume of New Warranties
Automobile Warranty Business: Total Volume of New Warranties ¥3,350 Total volume of new warranties 3,260 million (Millions of yen) Automobile warranty: total volume of new EGS warranties EGS ¥740 million 700 +2.9% YoY Q3 YTD 2,180 Total volume of Premium Group: +1.8% YoY* Q3 alone Total volume of EG
Slide 11: Operating Income (P/L) by Segment
Operating Income (P/L) by Segment (Graph unit: millions of yen) (Figures in parentheses in graph indicate YoY change) Operating income hit ¥12,788 million (up 25.7% YoY) Profits of the auto mobility services segment was up significantly (account for 10% of operating income) Q3 YTD 12,788 (+25.7%
Slide 12: Trends in Operating Expenses (P/L)
Trends in Operating Expenses (P/L) (Graph unit: millions of yen) (Parentheses in graph indicate percentage versus operating income) Operating expenses totaled ¥10,602 million (up 18.4% YoY) →YoY growth slowed compared to normal years due to cutbacks in sales activities caused by COVID-19 and reduc
Slide 13: Full-Year Earnings Forecast
Full-Year Earnings Forecast (Graph unit: millions of yen) Announced upward revisions to the full-year earnings forecast, and maintained growth in income and profit →Improved earnings of Group servicer and reduced operating expenses from voluntary cutbacks in sales activities Operating income Profi
Slide 14: Other Topics
Other Topics Group company St. Parts Co., Ltd. selected for inclusion in the “Vibrant HABATAKU Small and Medium Enteprise 300” December 2020 St. Parts Co., Ltd. was selected as one of 300 excellent companies by the Small and Medium Enterprise Agency of Japan under METI. The company was recognized fo
Slide 15: Initiatives for next fiscal year
Initiatives for next fiscal year Expand sales force of Actively recruit sales staff for loans and warranties in order to regain high growth rate core businesses to 100 1 heading into next fiscal Aim to eliminate regions not covered by our sales activities and expand market share using a proprietary
Slide 16: Appendix
(2) APPENDIX P-1O
Slide 17: TSE Market Classification of Prime Market and Situation of the Company
TSE Market Classification of “Prime Market” and Situation of the Company The requirements for Premium Group Co., Ltd. to maintain its listing on the “prime market,” a new market classification the Tokyo Stock Exchange plans to transition to in April 2022, are as follows. Category Criteria Our situat
Slide 18: Future Vision
Future Vision Building voluntary chain of dealers/garages. Being “Platformer”, connecting company and customer Dealers Garages For dealers For garages （over 30,000） （over 3,000） 【PFS Premium Club】 【FIXMAN Club】 voluntary chain Automobile purchase Auto concierge Auto credit Maintenance Auto lease War
Slide 19: Company Profile
Company Profile Name Premium Group Co., Ltd. Securities Code / Exchange 7199 / First Section of Tokyo Stock Exchange Established May 25, 2015 Note: G-ONE Credit Services Co., Ltd. (currently, Premium Co., Ltd.) was established in 2007. Head Office The Okura Prestige Tower, 2-10-4 Toranomon, Minato-k
Slide 20: Overview of Premium Group
Overview of Premium Group Other businesses Automobile warranty business 5.1 % Auto mobility business Operating income ・Provision of multiple services required for 26.1 % by business (FY Ended March 31, managing automobile logistics business Overseas business ・Business expansion outside Japan ■Au
Slide 21: BS (Millions of yen)
BS (Millions of yen) Q2_FY21 FY20 Q3_FY21 Compared to (As of (As of March 31, (As of December previous QoQ September 30, 2020) 30, 2020) quarter 2020) Assets Cash and cash equivalents 6,286 9,468 7,754 123.4% 81.9% Financing receivables 20,011 21,554 22,266 111.3% 103.3% Other financial assets 6,408
Slide 22: P/L (Consolidated cumulative period)
P/L (Consolidated cumulative period) (Millions of yen) 1Q-3Q_FY20 1Q-3Q_FY21 FY20 Compared （April 1, 2019 （April 1, 2020 (April 1 - December 31) (As of March YoY to previous - December 31, - December 31, 31, 2020) quarter 2019） 2020） Operating income 10,173 14,016 12,788 125.7% 91.2% Other finance i
Slide 23: P/L (Consolidated cumulative period)
P/L (Consolidated cumulative period) (Millions of yen) 1Q-3Q_FY20 1Q-3Q_FY21 FY20 Compared to （April 1, 2019 - （April 1, 2020 - (April 1 - December 31) (As of March 31, YoY previous December 31, December 31, 2020) quarter 2019） 2020） Operating income Finance income 5,994 8,158 7,090 118.3% 86.9% War
Slide 24: P/L (Consolidated accounting period)
P/L (Consolidated accounting period) (Millions of yen) 3Q_FY20 3Q_FY21 2Q_FY21 （October 1, （October 1, （July 1, 2020 - (October 1 - December 31) 2019 - 2020 - YoY QoQ September 30, December 31, December 31, 2020） 2019） 2020） Operating income 3,514 4,365 4,401 125.2% 100.8% Other finance income 5 1 5
Slide 25: P/L (Consolidated accounting period)
P/L (Consolidated accounting period) (Millions of yen) 3Q_FY20 3Q_FY21 2Q_FY21 （October 1, （October 1, （July 1, 2020 - (October 1 - December 31) 2019 - 2020 - YoY QoQ September 30, December 31, December 31, 2020） 2019） 2020） Operating income Finance income 2,134 2,375 2,365 110.8% 99.6% Warranty rev