Slide 1: Presentation Material: Announcement of FY 2009 Interim Results
Presentation Material: Announcement of FY 2009 Interim Results November 16, 2009 Cleanup Corporation Tokyo Stock Exchange, 1st Section, Code 7955 0
Slide 2: I. Interim Results Outline
Cleaniaup I. Interim Results Outline
Slide 3: Outline of Consolidated Results for Interim Period Ended September 2009
I. 2nd Quarter Results Outline 1. Outline of Consolidated Results for Interim Period Ended September 2009 (Units: millions of yen) 2009/9 2008/9 Change From 2009/9 Compared (Actual Results) (Actual Results) Prev. Period (Initial Plan) To Revised Plan Net Sales 48,482 54,193 △10.5％ 51,000 △4.9％ Opera
Slide 4: Consolidated Profits: Net Sales, Gross Profit
I. 2nd Quarter Results Outline 2. Consolidated Profits ① Net Sales, Gross Profit (Units: billions of yen) 【Increased/Decreased Values (Rates)】 【Main Increase/Decrease Factors】 54.19 ● System Kitchens △3.57 billion yen ・ＳＳ △1.23 billion yen 48.48 Net Sales ・CLEANLADY △2.63 billion yen Growth seen in
Slide 5: Consolidated Profits: SGA Expenses, Operating Income
I. 2nd Quarter Results Outline 2. Consolidated Profits ② SGA Expenses, Operating Income (Units: billions of yen) 【Increased/Decreased Values (Rates)】 17.98 【 Main Increase/Decrease Factors 】 16.81 Gross Profit ●Sales Expenses △0.67 billion yen △1.17 billion yen ●Distribution Expenses △0.32 billion y
Slide 6: Sales Composition by Segment (Consolidated)
I. 2nd Quarter Results Outline 3. Sales Composition ① By Segment (Consolidated) (Units: millions of yen) 【2009/9】 120,000 Other 109,205 Other 4.1％ Bathtubs & Washstands 4,459 4.1％ 99,000 Bathtubs & Kitchen Equipment Washstands 19.6％ 100,000 19,615 4,140 4.2％ 18.0％ Kitchen Equipment 76.3％ 17,714 17.9
Slide 7: Sales Composition by Sales Route (Non-Consolidated)
I. 2nd Quarter Results Outline 3. Sales Composition ② By Sales Route (Non-Consolidated) Direct-Sales (Condominium owners) Housing Constructors 【Full-Term Base】 General Routes (Construction Contractors - Home Renovation) 10.9％ 9.3％ 7.8％ 17.1％ 17.1％ 15.9％ 【First-Half Base】 6.4％ 6.0％ 5.0％ 73.6％ 76.3％ 1
Slide 8: Consolidated Balance Sheet Summary 1/2
I. 2nd Quarter Results Outline 4. Consolidated Balance Sheet Summary – 1/2 (Units: billions of yen) 【 Main Increase/Decrease Factors 】 【Assets】 【Increased/Decreased Values】 80.81 ●Current Assets ＋0.29 billion yen 76.10 75.90 Total Assets ●Fixed Assets △0.49 billion yen △0.20 billion yen ●Cash and De
Slide 9: Consolidated Balance Sheet Summary 2/2
I. 2nd Quarter Results Outline 4. Consolidated Balance Sheet Summary – 2/2 (Units: billions of yen) 【Liabilities･Minority Interests・Assets】 【 Main Increase/Decrease Factors 】 80.81 76.10 75.90 【 Increased/Decreased Values 】 ●Accounts Payable △0.22 billion yen 20.41 ●Short-Term Debt △1.19 billion yen
Slide 10: Consolidated Cash Flow Statement Summary
I. 2nd Quarter Results Outline 5. Consolidated Cash Flow Statement Summary (Units: billions of yen) Cash Flow from Operating Activities Cash Flow from Investing Activities Cash Flow from Financing Activities Interim (Year-End) Cash & Cash Equivalents Balance 20. 00 18.32 16.67 16.47 （2009/3） ＋1.64 C
Slide 11: Capital Investments (Consolidated)
I. 2nd Quarter Results Outline 6．Capital Investments (Consolidated) R&D Costs (Units: billions of yen) 【FY2009 Major Capital Investment Details】 5.00 Capital Investment Deprecation Costs First-Half Results 4.13 ① Dies for New Products 4.00 3.78 0.27 billion yen 3.65 ②Showroom Models, etc. 0.68 billi
Slide 12: Outline of Non-Consolidated Results for Interim Period
I. 2nd Quarter Results Outline 7. Outline of Non-Consolidated Results for Interim Period Ended September 2009 (Unit: millions of yen) 2009/9 2008/9 Change From 2009/9 Compared (Actual Results) (Actual Results) Prev. Period (Initial Plan) To Revised Plan Net Sales 46,803 52,341 △10.6％ 49,500 △5.4％ Op
Slide 13: Non-Consolidated Sales Composition by Segment
I. 2nd Quarter Results Outline 8. Non-Consolidated Sales Composition by Segment (Unit: millions of yen) Industrial 【2009/9】 120,000 Other Kitchen Other Industrial Kitchen Equipment 105,622 Equipment 1.3％ 6.2％ Washstands 8,501 8.0％ 95,500 Washstands 4.7％ Bathrooms 100,000 1,774 1.7％ 7.8％ Kitchen Kitc
Slide 14: Major Products and Market Share 1/4: Complete System Kitchen
I. 2nd Quarter Results Outline 9. Sales Results for Major Products and Cleanup Market Share - 1/4 Complete System Kitchen Sales Results Demand Trends and Market Share (Thousands (Thousands (Billions of yen) Monetary Value Volume of Sets) of Sets) Demand Volume Cleanup Share （％） 100 300 1,400 30.0 1,
Slide 15: Major Products and Market Share 2/4: Sectional System Kitchen
I. 2nd Quarter Results Outline 9. Sales Results for Major Products and Cleanup Market Share - 2/4 Sectional System Kitchen Sales Results Demand Trends and Market Share (Thousands (Thousands (Billions of yen) Monetary Value Volume of Sets) of Sets) Demand Volume Cleanup Share （％） 8.0 120 600 30.0 7.2
Slide 16: Major Products and Market Share 3/4: Modular System Bathroom
I. 2nd Quarter Results Outline 9. Sales Results for Major Products and Cleanup Market Share - 3/4 Modular System Bathroom Sales Results Demand Trends and Market Share (Thousands (Thousands (Billions of yen) Monetary Value Volume of Sets) of Sets) Demand Volume Cleanup Share （％） 20 50 1,000 10.0 16.3
Slide 17: Major Products and Market Share 4/4: Washstands/Vanities
I. 2nd Quarter Results Outline 9. Sales Results for Major Products and Cleanup Market Share - 4/4 Washstands/Vanities Demand Trends and Market Share (Thousands (Thousands (Billions of yen) Monetary Value Volume of Sets) of Sets) Demand Volume Cleanup Share （％） 6.0 150 2,000 10.0 5.3 5.3 1,813 1,786
Slide 18: Showrooms and Visitor Numbers
I. 2nd Quarter Results Outline 10. Showrooms and Visitor Numbers (Locations) Number of Showrooms Number of Visitors (Thousands of groups) 240 600 495 200 480 500 460 456 451 450 440 160 380 Current Interim Period 400 Prev. Interim Period 228 thousand groups 229 thousand groups (-0.6%) 314 120 109 10
Slide 19: Forecast Consolidated Results for the Period Ending March 2010
I. 2nd Quarter Results Outline 11. Forecast Consolidated Results for the Period Ending March 2010 (Unit: millions of yen) 2009/3 2010/3 2010/3 Change From Compared (Actual Results) (Initial Plan) (Full-Term Forecast) Prev. Period to Plan Net Sales 109,205 104,500 99,000 △9.3％ △5.3％ Operating △1,100
Slide 20: Forecast Non-Consolidated Results for the Period Ending March 2010
I. 2nd Quarter Results Outline 12. Forecast Non-Consolidated Results for the Period Ending March 2010 (Unit: millions of yen) 2009/3 2010/3 2010/3 Change From Compared (Actual Results) (Initial Plan) (Full-Term Forecast) Prev. Period to Plan Net Sales 105,622 101,000 95,500 △9.6％ △5.4％ Operating △1,
Slide 21: II. Medium-Term Strategy Progress
Ⅱ．Medium-Term Strategy Progress 20
Slide 22: Operating Environment for FY2009
II. Medium-Term Strategy Progress 1. Operating Environment for FY2009 Economic Recession That Began Last Fall Continues (Thousands of Homes) （％） 2008 2009 The kitchen equipment market, along with new home and renovation demand, continues to be shaky, and a double-digit decrease in system kitchen shi
Slide 23: Basic Management Policy for the Current Year
II. Medium-Term Strategy Progress 2. Basic Management Policy for the Current Year 1 Transformation to a profit focus ● Thorough minimization of selling, general and administrative expenses ● Strategic personnel allocation and installation of posts 2 Securing profit by adding value ● Creating added v
Slide 24: Basic Management Policy: Transformation to a Profit Focus
II. Medium-Term Strategy Progress 3. Basic Management Policy – Development of ① Transformation to a ●Thorough minimization of SGA expenses 1 ●Strategic personnel allocation and profit focus post installation ＋1.36 Sales expense reductions ＋0.67 Profitability Improvement Factors Operating Distributio
Slide 25: Basic Management Policy: Securing Profit by Adding Value
II. Medium-Term Strategy Progress 4. Basic Management Policy – Development of ② Securing profit by ●Creating added value within core products 2 ●Creating added value from a standpoint nearer to adding value that of the customer 【Major Efforts in the First Half】 Product Development ●Complete renewal
Slide 26: Strengthening System Kitchen Products
II. Medium-Term Strategy Progress 5. Strengthening System Kitchen Products Strengthen the overall product lineup as “The Kitchen Company” by means of innovation focused on core products High-Value-Added Products Our standard brand as 【NEW BRAND STATEMENT】 A model allowing consumers to “The Kitchen C
Slide 27: Demonstrating Added Value in S.S./CLEANLADY
II. Medium-Term Strategy Progress 6. Demonstrating Added Value in S.S./CLEANLADY Complete Renewal of the “CLEANLADY” Line Improved Pricing “S.S. Light Package” ￥798,000 ↓PRICE DOWN ￥698,000 “CLEANLADY” ￥598,000 “LADY Light Package” ￥498,000 Creating Renovation Demand Fully loaded with new functions
Slide 28: A Product Creation System Supporting Added Value
II. Medium-Term Strategy Progress 7. A Product Creation System Supporting Added Value Aiming to create “products you can trust”… Cleanup’s Compliance with Laws/Systems 3R Efforts Product Creation ●Housing Function Display System “Products You Can Trust” ●Reduce (Quality Assurance Law) (Reduce creati
Slide 29: Cleanup Product Market Share ①
II. Medium-Term Strategy Progress 8. Cleanup Product Market Share ① Market share is recovering in every department Changes in Market Share by Department （％） System Kitchens Sectional Kitchens （％） System Bathrooms Bathroom Vanities 18.0 8.0 17.0 6.2 15.9 16.0 6.0 5.6 15.2 15.2 5.3 5.2 15.1 15.2 14.7
Slide 30: Cleanup Product Market Share ②
II. Medium-Term Strategy Progress 8. Cleanup Product Market Share ② Share increase for all types of our main product, the system kitchen Changes in System Kitchen Market Share （％） 24.0 Luxury Mid-Level 20.6 Entry-Level 20.0 16.9 16.5 16.0 16.0 15.5 16.8 14.7 13.9 12.0 11.3 10.7 9.3 9.7 8.0 Other sha
Slide 31: Important Sales-Focused Measures
II. Medium-Term Strategy Progress 9. Important Sales-Focused Measures Expanding sales opportunities Reform through “Mizu-mawari strategy Workshops” By continuously pursuing these goals Strengthen Holding cooking classes in customer we can promote the showrooms, etc. contact production of added-value
Slide 32: Other Important Measures
II. Medium-Term Strategy Progress 10. Other Important Measures “Smile !dea” brand magazine launched in May Goal Provide information on corporate activities, delivered both inside and outside the company, as one measure to strengthen the corporate brand Targets Individual customers, business partners
Slide 33: Future Management: Management Based on New Corporate Philosophy
II. Medium-Term Strategy Progress 11. Future Management ～ Management Based on New Corporate Philosophy Establishing a “New Corporate Philosophy” Founder’s Principle for our 60th “The 5 Spirits” Founder’s anniversary and Principle “The 5 Spirits” - Founding Spirit challenging ourselves - Loving Spiri
Slide 34: Long Term Vision
II. Medium-Term Strategy Progress 12. Long Term Vision 【Business Objective】 【Customer-focused Objective】 To Be To Build a Reputation as the Easily the No.1 Only Name in in Kitchens Kitchens 【NEW BRAND STATEMENT】 Let’s Make Smiles, Starting From the Kitchen 33
Slide 35: Cleanup Corporation
For any questions concerning investor relations, please contact: Cleanup Corporation Public Relations Section Tel 03-3810-8241 Fax 03-3893-9577 URL http://www.cleanup.jp/english/index.html 34
Slide 36: Disclaimer
Disclaimer This material is intended to provide information regarding FY2009 Interim Results (April 2009 ～September 2009) and does not constitute a solicitation to invest in Cleanup Co., Ltd.-issued securities. Furthermore, this material was created based upon data current as of November 16, 2009. O