Create Sd Holdings Co., Ltd. · TSE:3148
Create Sd — 1H FY2015 Earnings Presentation
22 slides from Create Sd's earnings presentation, Jan 23, 2015
Slide 1: FY2015 (6/14-5/15) Interim Results Explanatory Meeting
FY2015 (6/14-5/15) Interim Results Explanatory Meeting January 23, 2015 The earnings forecasts appearing in this material are based on the business environment at the present time, and there is the possibility that actual earnings may differ from forecasts for various reasons. Furthermore, only inqu
Slide 2: FY2015 Interim Results Explanatory Meeting Agenda
FY2015 (6/14-5/15) Interim Results Explanatory Meeting ■1H FY2015 Consolidated Results 1. Profit and Loss Statement 2. Balance Sheet 3. Statement of Cash Flows ■Results for Each Business Company 1. Profit and Loss Statement 2. Sales by Segment 3. Sales 4. Gross Profit 5. SG&A Expenses 6. New Store O
Slide 3: 1H FY2015 Consolidated Results
1H FY2015 Consolidated Results (06/2014 – 11/2014) 3
Slide 4: 1H FY2015 Consolidated Profit and Loss Statement
1. 1H FY2015 Consolidated Profit and Loss Statement 1H FY2014 1H FY2015 (consolidated) (consolidated) % of Share Share YoY change (million yen) (million yen) projection (%) (%) (%) (%) Net sales 95,913 100.0 104,559 100.0 109.0 98.3 Gross profit 25,022 26.1 27,335 26.1 109.2 96.7 SG&A expenses 20,63
Slide 5: 1H FY2015 Consolidated Balance Sheet
2. 1H FY2015 Consolidated Balance Sheet (million yen) Main Maincauses causesof ofchanges changes May 31, 2014 November 30, 2014 Change (consolidated) (consolidated) Total assets Total assets 81,140 81,010 -129 ・Decrease in cash and cash equivalents due share buybacks -3,101 million yen ・Merchandise
Slide 6: 1H FY2015 Consolidated Statement of Cash Flows
3. 1H FY2015 Consolidated Statement of Cash Flows (million yen) Major breakdown November November 30, 2013 30, 2014 Change ◆Cash flow from operating activities (consolidated) (consolidated) ・Increase in depreciation 287 million yen ・Decrease of increase width of inventories Cash flow from 550 millio
Slide 7: Results for Each Business Company
Results for Each Business Company 7
Slide 8: 1H FY2015 Profit and Loss Statement
Create SD 1.1H FY2015 Profit and Loss Statement 1H FY2014 1H FY2015 % of Share Share YoY change (million yen) (million yen) projection (%) (%) (%) (%) Net sales 95,215 100.0 103,788 100.0 109.0 98.3 Gross profit 24,980 26.2 27,333 26.3 109.4 96.8 SG&A expenses 20,839 21.9 23,331 22.5 112.0 98.5 Oper
Slide 9: Sales by Segment
Create SD 2. Sales by Segment 1H FY2014 1H FY2015 YoY YoY Sales Share Sales Share change change (million yen) (%) (million yen) (%) (%) (%) Medical and health products 21,228 22.3 107.9 23,250 22.4 109.5 (O T C) 16,485 17.3 103.4 17,037 16.4 103.3 (Prescription) 4,743 5.0 126.9 6,213 6.0 131.0 Cosme
Slide 10: Sales: Demand Rush and Recoil After Consumption Tax Increase
3. Sales Create SD The Thedemand demandrush rushbefore beforeand andrecoil recoilafter afterthe theconsumption consumptiontax taxincrease increase Increase Increasein inthe theconsumption consumptiontaxtaxrate rateto to8% 8%in inApril April2014 2014 →→ March March2014 2014tax taxincrease increasebef
Slide 11: Sales: Existing Store Sales Trend
Create SD 3. Sales Planning Planningratio ratio98.3% 98.3%, ,Year-on-year Year-on-year109.0% 109.0% Sales Sales at existing stores: 99.6% year onyear at existing stores: 99.6% year on year(First (Firstquarter: quarter:98.8%; 98.8%;Second Secondquarter: quarter:100.4%) 100.4%) First Firstquarter quar
Slide 12: Sales: Renovation of Existing Stores and Dispensing Pharmacies
3. Sales Create SD Promotion Promotionof ofrenovation renovationof ofexisting existingstores →Renovation stores→ Renovationof of39 39stores stores(annual (annualplan: plan:75 75stores) stores) The Thedispensing dispensingpharmacy pharmacyin inexisting existingstores stores Department Departmentrevam
Slide 13: Gross Profit
Create SD 4. Gross profit Comparing the same period last year gross profit margin Planning 1Q 2Q 1H Planningratio ratio96.8%, 96.8%,Year-on-year Year-on-year109.4% 109.4% FY2014 26.7 25.7 26.2 First FY2015 26.2 26.5 26.3 Firstquarter quarter T he pr evi ous Down Down0.50.5points pointsfrom fromthe t
Slide 14: SG&A Expenses
Create SD 5. SG&A Expenses Planning ratio 98.5%, year-on-year 112.0% First quarter : Planning ratio 99.8%, year-on-year 115.1% Second quarter : Planning ratio 97.3%, year-on-year 109.0% ・Factor of planning ratio 98.5% plan advantageous difference -355 million yen Advertising Planning ratio 80.0% yea
Slide 15: SG&A Expenses: Utilities and Other
Create SD 5. SG&A Expenses Planning ratio 105.2%, year-on-year 107.6% Cost of utilities First quarter : Planning ratio 113.8%, year-on-year 114.7% Second quarter : Planning ratio 97.4%, year-on-year 101.1% ・Contribution by the cost-reducing effects of the switch to LED bulbs at the start of the year
Slide 16: New Store Openings
6. New Store Openings Create SD 19 new OTC stores and 17 ethical pharmacies were opened (of which 2 was dedicated prescription drug store) New store openings by area Kanagawa Tokyo Shizuoka Chiba Aichi Other Total New stores OTC 7 3 3 3 2 1 19 10 3 0 0 1 1 15 in-store opened in pharmacies 1H FY2015
Slide 17: Prescription Operations
7. Prescription Operations Create SD 1H FY2015 Existing stores comparisons YoY Sales year-on-year 117.0% Share change Prescription year-on-year 111.5% (million yen) (%) (%) Sales in prescription operations and the number of Net sales 6,213 100.0 131.0 prescriptions issued Bar graph: Sales Graph: Num
Slide 18: The Second Half Efforts: Marketing Strategies
8. The second half of the efforts Create SD Marketing Marketingstrategies strategies Intensive Intensivesales salesof ofseasonal seasonalproducts productsand andprofit profitproducts products Promotion Promotionof ofstore storevisits visitswith withincreased increasedfrequency frequencydue dueto to
Slide 19: The Second Half Efforts: Reduction of Expenses
8. The second half of the efforts Create SD Reduction Reductionof ofexpenses expenses Suppression Suppressionof of construction constructioncosts costs Reduction Reductionof ofadvertising advertisingexpenses expensesby byreviewing reviewingflyer flyer promotional promotional Reduce Reduceexpenses ex
Slide 20: Nursing Home and Preventive Nursing Business
9. Nursing Home and Welllife SALON DAY Preventive Nursing Business 1H FY2015 Welllife Welllife Share YoY change (million yen) (%) (million yen) Rise in the occupancy rate Tokyo 73.2% Net sales 770 100.0 110.4 (Up 7.1 points from the end of last year) Operating -10 - - Hachioji 68.3% profit (Up 5.8 p
Slide 21: FY2015 Forecasts (Consolidated)
FY2015 Forecasts (Consolidated) 21
Slide 22: FY2015 Forecasts (Consolidated)
FY2015 Forecasts (Consolidated) Full-year Full-yearforecast forecastdoes doesnot notchange change FY2014 FY2015 (consolidated results) (consolidated projection) Share Share YoY Change (million yen) (million yen) (%) (%) (%) Net sales 197,483 100.0 216,200 100.0 109.5 Gross profit 52,004 26.3 57,652