Duskin Co., Ltd. · TSE:4665
Duskin — H1 FY2010 Earnings Presentation
38 slides from Duskin's earnings presentation, Nov 18, 2010
Slide 1: Financial Report for the First Six-month Period of FY Ending March 31, 2011
Financial Report For the First Six-month Period of the Fiscal Year Ending March 31, 2011 Duskin Co., Ltd. November 18, 2010
Slide 2: Cautionary Statement Concerning Forward-Looking Statements
Cautionary Statement Concerning Forward-Looking Statements These materials contain forward-looking statements concerning forecasts, goals, plans and strategies, and other matters related to the Company, including its consolidated subsidiaries. These forward-looking statements are based on projection
Slide 3: Table of Contents
Table of Contents Financial Summary Consolidated Results ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 2 Sales Summary ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 3 Operating Income Summary ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 5 Ordinary Income Summary ・・・・・
Slide 4: Financial Summary: Six-month Period Ended Sep. 30, 2010
Financial Summary Six-month Period Ended Sep. 30, 2010
Slide 5: Consolidated Results
Financial Summary Financial Summary (in millions of yen) Consolidated Results Six months Six months Increase/Decrease Reference Ended Sep. 30, 2009 Ended Sep. 30, 2010 FY2009 Amount (%) ended Mar. 31, 2010 Sales 90,228 87,800 -2,428 -2.7 181,280 Operating Income 6,505 5,155 -1,350 -20.8 12,129 % % %
Slide 6: Consolidated Sales Summary (1)
Financial Summary Consolidated Sales Summary (1) ■ Consolidated Sales (in millions of yen) 250,000 Consolidated Sales 2nd half Consolidated Sales 1st half 200,000 193,790 192,344 188,552 181,280 183,500 (forecast) 150,000 97,253 97,379 94,690 95,700 (forecast) 91,052 100,000 50,000 96,537 94,965 93,
Slide 7: Remarks on Consolidated Sales
Financial Summary Consolidated Sales Summary (2) ■ Remarks on Consolidated Sales As our customers have become more aware of the need to protect their livelihood and economize more, circumstances surrounding our business have continued to be extremely severe, and both Clean Group and Food Group recor
Slide 8: Consolidated Operating Income Summary (1)
Financial Summary Consolidated Operating Income Summary (1) ■ Consolidated Operating Income (in millions of yen) (%) 20,000 9.0 Operating Income Margin Operating Income – 2nd half Operating Income – 1st half 8.0 7.2 7.4 16,000 6.7 6.5 7.0 13,986 14,263 12,307 12,129 5.4 6.0 12,000 6,081 6,747 10,000
Slide 9: Remarks on Consolidated Operating Income
Financial Summary Consolidated Operating Income Summary (2) ■ Remarks on Consolidated Operating Income Consolidated Operating Income 5,155 million yen 1,350 million decrease (20.8%) from the same period in the previous year Major factors contributing to increase and decrease The increased effect on
Slide 10: Consolidated Ordinary Income Summary (1)
Financial Summary Consolidated Ordinary Income Summary (1) ■ Consolidated Ordinary Income (in millions of yen) (%) 9.0 Ordinary Income Margin 7.9 Ordinary Income – 2nd half 7.7 7.7 Ordinary Income – 1st half 8.0 16,000 14,944 15,259 7.6 14,487 7.0 13,806 6.3 6.0 12,000 6,155 7,279 11,500 (forecast)
Slide 11: Remarks on Consolidated Ordinary Income
Financial Summary Consolidated Ordinary Income Summary (2) ■ Remarks on Consolidated Ordinary Income Consolidated Ordinary Income ¥6,036 million yen 1,197 million yen decrease (16.6%) from the same period in the previous year Major factors contributing to increase and decrease 1. Decrease in operati
Slide 12: Consolidated Net Income Summary (1)
Financial Summary Consolidated Net Income Summary (1) ■ Consolidated Net Income Summary (in millions of yen) (%) Net Income Margin Net Income – 2nd half 5.0 Net Income – 1st half 10,000 4.3 4.3 8,407 3.7 4.0 7,824 8,000 3.4 7,196 3.3 3,429 6,460 (3.5) 4,642 6,000 (forecast) 3.0 6,000 3,240 (5.1) (3.
Slide 13: Remarks on Consolidated Net Income
Financial Summary Consolidated Net Income Summary (2) ■ Remarks on Consolidated Net Income Consolidated Net Income 2,624 million yen 558 million decrease (17.5%) from the same period in the previous year Major factors contributing to increase and decrease 1. Decrease in net income before tax: 1,700
Slide 14: Consolidated Balance Sheet
Financial Summary Consolidated Balance Sheet (in millions of yen) Fiscal Year Six-months Factors for increase/decrease Change ended Mar. 31, 2010 ended Sep. 30, 2010 Decrease in cash and deposits 4,600 million yen Current asset 66,453 66,253 -200 Increase of marketable securities 4,000 million yen P
Slide 15: Sales & Operating Income by Business Segment
Sales & Operating Income by Business Segment
Slide 16: Highlights by Business Segment
Summary of Core Businesses Highlights by Business Segment (in millions of yen) Fiscal Year Six months Six months Change ended Mar. 31, 2010 ended Sep. 30, 2009 ended Sep. 30, 2010 Operating Income on Sales(%) Operating Income on Sales(%) Operating Income on Sales(%) increase/decrease(%) Sales 117,94
Slide 17: Clean Group (Sales, Operating Income)
Summary of Core Businesses Clean Group (Sales, Operating Income) Sales Operating Income 6 months (Apr. – Sep., Oct. – Mar.) 6 months (Apr. – Sep., Oct. – Mar.) (in millions of yen) (in millions of yen) (%) 2nd half 1st half 2nd half 140,000 1st half Operating Income Margin 17.5 117,940 118,800(forec
Slide 18: Clean Group (Sales)
Summary of Core Businesses Clean Group (Sales) Previous term Current term Change (%) Clean Group Sales on P/L (1) 59,129 57,611 -1,518 -2.6 Increase due to the change in accounting standards (2) － 431 － － Actual P/L excluding increases (1)-(2) 59,129 57,179 -1,950 -3.3 ➢ Although some product lines
Slide 19: Clean Group (Operating Income)
Summary of Core Businesses Clean Group (Operating Income) Previous term Current term Change (%) Clean Group Sales on P/L (1) 8,663 7,032 -1,630 -18.8 Increase due to the change in accounting standards (2) － 248 － － Actual P/L excluding increases (1)-(2) 8,663 6,784 -1,879 -21.7 ➢ Decrease in gross p
Slide 20: Clean Group Future Plans
Summary of Core Businesses Clean Group ■ Future Plans ➢ Comfortable living with “New Cleaning Style” We will put forward New Cleaning Style without a vacuum cleaner. The new cleaning method uses a set of Floor Mop, Dust Cleaner, and Container. ・We will promote marketing activities based on a proposa
Slide 21: Food Group (Sales, Operating Income)
Summary of Core Businesses Food Group (Sales, Operating Income) Sales Operating Income 6 months (Apr. – Sep., Oct. – Mar.) 6 months (Apr. – Sep., Oct. – Mar.) (in millions of yen) (in millions of yen) (%) 2nd half 1st half 2nd half 70,000 1st half 10.0 6,000 Operating Income Margin 8.7(Forecast) 9.0
Slide 22: Food Group (Sales)
Summary of Core Businesses Food Group (Sales) Previous term Current term Change (%) Food Group Sales on P/L (1) 25,585 24,850 -735 -2.9 Increase due to the change in accounting standards (2) － 624 － － Actual P/L excluding increases (1)-(2) 25,585 24,226 -1,359 -5.3 ➢ Food Group recorded a decrease i
Slide 23: Food Group (Operating Income)
Summary of Core Businesses Food Group (Operating Income) Previous term Current term Change (%) Food Group Sales on P/L (1) 2,010 1,666 -343 -17.1 Increase due to the change in accounting standards (2) － 481 － － Actual P/L excluding increases (1)-(2) 2,010 1,185 -824 -41.0 ➢ Decreased operating incom
Slide 24: Food Group: Mister Donut Future Plans
Summary of Core Businesses Food Group ■ Mister Donut Business Future Plans 40th Anniversary event “Mister Donut Revival Festival” as a core of the marketing efforts Introduce products made from selected food Oct. Nov. Dec. materials and finest recipes Donuts 11 6 7 introduced revival revival Christm
Slide 25: Other Businesses (Sales, Operating income)
Summary of Core Businesses Other Businesses (Sales, Operating income) Previous term Current term Change (%) Other Businesses Sales on P/L 5,512 5,338 -174 -3.2 Previous term Current term Change (%) * Overseas businesses are included in Sales on P/L (1) 298 40 -257 -86.5 Other Businesses. Increase du
Slide 26: Others (Overseas Businesses)
Summary of Core Businesses Others (Overseas Businesses) Overseas Businesses * Overseas businesses are included in Other Businesses. ➢ Sales of overseas businesses Sales in overseas markets Country or region Sep. 2008 Sep. 2009 Sep. 2010 Taiwan Dust Control (in thousands of New Taiwan Dollars) 252,18
Slide 27: Forecasts and Actual Results
Forecasts and Actual Results
Slide 28: Difference Between Forecast and Actual Results
Forecasts and Actual Difference Between Forecast and Actual Results Consolidated (in millions of yen) Sales Operating Income Ordinary Income Net Income Forecast 90,000 4,000 4,500 2,500 Actual 87,800 5,155 6,036 2,624 Difference -2,200 1,155 1,536 124 Difference(%) -2.4 28.9 34.1 5.0 Operating Incom
Slide 29: FY 2010 Forecasts
FY 2010 F i 7 Oy Lavase
Slide 30: Forecasts
Forecasts Forecasts Forecasts announced on May 14, 2010 (in millions of yen) Consolidated Sales Operating Income Ordinary Income Net Income FY2009 Actual 181,280 12,129 13,806 7,824 FY2010 Forecasts 183,500 10,000 11,500 6,000 Increase/Decrease 2,219 -2,129 -2,306 -1,824 Increase/Decrease (%) 1.2 -1
Slide 31: Sales & Operating Income Forecasts by Business Segment
Sales Forecasts Sales & Operating Income Forecasts by Business Segment Sales & (in millions of yen) Operating Income * Six months FY2009 Six months Ended Sep. 30, 2010 Ending Mar. 31, 2011 FY2010 Operating Income Actual Operating Forecasted Operating Forecasted Operating on Sales Income on Sales Inc
Slide 32: Reference
Reference
Slide 33: Financial Summary: Non-consolidated Results
Reference (1) Financial Summary Non-consolidated Results (in millions of yen) Six months Six months Increase/Decrease Reference ended ended FY2009 Sep. 30, 2009 Sep. 30, 2010 Amount (%) ended Mar. 31, 2010 Sales 78,798 76,923 -1,875 -2.4 158,966 Operating Income 5,299 4,015 -1,283 -24.2 9,742 % % %
Slide 34: Customer-Level Sales by Business Segment
Reference (2) Customer-Level Sales by Business Segment (in millions of yen) Six months Six months Reference Increase/Decrease (%) FY2009 ended Sep. 30, 2009 ended Sep. 30, 2010 Ended Mar. 31, 2010 Amount Mix Amount Mix Amount % Amount Mix Clean Group 142,468 66.8% 139,296 66.7% -3,172 -2.2% 283,014
Slide 35: Customer-Level Sales by Businesses
Reference (3) Customer-Level Sales by Businesses Six month Customer–Level Sales (in millions of yen) Six months ended Six months ended Increase/Decrease % Sep. 30, 2009 Sep.30, 2010 Clean Group 142,468 139,296 -3,172 -2.2% Business Service 56,726 54,009 -2,717 -4.8％ (Uniform Service) (1,644) (1,623)
Slide 36: Business Summary by Segment (1)
Reference (4) Business Summary by Segment (1) (in millions of yen) Year ended Mar. 31, 2010: Summary by Business Segment Consolidated sales 181,300 million yen, Consolidated operating income 12,100 million yen Clean Group Food Group Other Businesses Sales 117,900 Sales 52,400 Sales 10,900 Operating
Slide 37: Business Summary by Segment (2)
Reference (5) Business Summary by Segment (2) Franchise Operation Clean Group Business Service Home Service ・ Rent mops and mats through periodic visits ・ Rent mops and mats through periodic visits Dust Control ･･ ･ ････ Mops, mats, etc. Dust Control ･･･････ Mops, mats, etc. Clean Service ･･･････ Ba
Slide 38: Recycle-Oriented Business Model at Clean Service
Reference (6) Recycle-Oriented Business Model at Clean Service Rental of mops and mats: based on the idea to fully recycle the products through repeated use until the end of their useable life Delivery ＝ Rental Delivery ∥ ∥ Franchisees pay deposit Franchisee record the sales Comprehensive Branches P