Cac Holdings Corporation · TSE:4725
Cac — FY2018 Earnings Presentation
23 slides from Cac's earnings presentation, Feb 14, 2019
Slide 1: Briefing on Results for Fiscal Year 2018
Briefing on Results for Fiscal Year 2018 －January to December 2018－ February 14, 2019 © 2019 CAC Holdings Corporation
Slide 2: Agenda
Agenda Ⅰ. Overview of Financial Results for FY2018 Ⅱ. Medium-Term Strategy and Plans for FY2019 Ⅲ. Results Forecasts for FY2019 and Return to Shareholders © 2019 CAC Holdings Corporation 1
Slide 3: Ⅰ. Overview of Financial Results for FY2018
Ⅰ. Overview of Financial Results for FY2018 © 2019 CAC Holdings Corporation 2
Slide 4: Overview of Consolidated Results (Year on Year)
Overview of Consolidated Results (Year on Year) (JPY mil.) YoY Change FY2017 FY2018 Amount ％ Net sales 53,268 49,906 (3,362） (6.3%) Gross profit 10,272 10,481 +209 +2.0% (profit margin) 19.3% 21.0% 1.7pt SG & A 9,573 9,054 (518） (5.4%) Operating income 698 1,426 +728 +104.3% (profit margin) 1.3% 2.9
Slide 5: Transition of Consolidated Results by Quarter
Transition of Consolidated Results by Quarter (JPY mil.) (JPY mil.) Net Sales (Left axis.) Operating income (Right axis.) FY2017 1Q 2Q 3Q 4Q FY2018 1Q 2Q 3Q 4Q © 2019 CAC Holdings Corporation 4
Slide 6: Net Sales and Operating Income by Segment (Consolidated)
Net Sales and Operating Income by Segment (Consolidated) (JPY mil.) Net sales FY2017 FY2018 YoY Amount VS Total Amount VS Total Amount ％ Domestic IT 30,323 56.9% 29,623 59.4% (699） (2.3%) Overseas IT 11,743 22.1% 9,280 18.6% (2,463） (21.0%) CRO 11,201 21.0% 11,002 22.0% (198） (1.8%) Total 53,268 100
Slide 7: Net Sales by Industry (Consolidated)
Net Sales by Industry (Consolidated) (JPY mil.) FY2017 FY2018 YoY Amount vs Total Amount vs Total Amount % Financial services 7,253 13.7% 6,107 12.3% (1,145） (15.8%) Trust banks 4,060 7.6% 4,359 8.7% +299 +7.4% Phamaceuticals 16,268 30.5% 16,116 32.3% (151） (0.9%) Food services 3,105 5.8% 2,852 5.7%
Slide 8: Orders and Order Backlog by Segment (Consolidated)
Orders and Order Backlog by Segment (Consolidated) (JPY mil.) Orders Received YoY FY2017 FY2018 Amount ％ Domestic IT 30,023 29,588 (434） (1.4%) Overseas IT 10,838 11,206 368 +3.4% CRO 11,286 9,376 (1,910） (16.9%) Total 52,147 50,171 (1,976） (3.8%) Order Backlog YoY FY2017 FY2018 Amount ％ Domestic IT
Slide 9: Orders received by Industry (Consolidated)
Orders received by Industry (Consolidated) Orders Received （JPY Mil.) YoY FY2017 FY2018 Amount ％ Financial services 7,037 6,608 (429） (6.1%) Trust banks 3,912 4,209 +296 +7.6% Phamaceuticals 16,513 14,257 (2,256） (13.7%) Food services 2,909 2,804 (105） (3.6%) Manufacturing 3,301 3,828 +526 +15.9% Se
Slide 10: Ⅱ. Medium-Term Strategy and Plans for FY2019
Ⅱ. Medium-Term Strategy and Plans for FY2019 © 2019 CAC Holdings Corporation 9
Slide 11: Overview of Medium-Term Strategy
Overview of Medium-Term Strategy Recognition of challenges ・Rapid expansion and penetration of digital transformation ・Formation of the borderless and seamless global market ・Old-fashioned system integrators and outsourcers are likely to be eliminated ・Increased awareness of “aggressive” governance
Slide 12: Renewal of Medium-Term Strategy
Renewal of Medium-Term Strategy The measures were developed focusing on the expansion of our business, the most important matter for the first year. At the same time, we made efforts to brush up our medium-term strategy. By adding Maximization of shareholder value to the concept for our medium-term
Slide 13: Medium-Term Strategy: Basic Policy
Medium-Term Strategy: Basic Policy １． Strengthening Governance by Separating Management and Execution ・Aiming at strengthening corporate governance and more speedy management, the decision-making and supervising functions of the management are to be separated from the operation execution function. ・
Slide 14: Medium-Term Strategy: Basic Policy
Medium-Term Strategy: Basic Policy ２．Mobile Implementation of Business by More Speedy Decision Making ・The existing business is to be divided into four segments, and five business domains are to be established, including one new business. ・An executive who is responsible for each domain is assigned
Slide 15: Medium-Term Strategy: Basic Policy
Medium-Term Strategy: Basic Policy ２．Mobile Implementation of Business Through Faster Decision Making Key initiatives for each business domain １ Core ICT domain ・Acceleration of initiatives for digital transformation ・Provision of mobile and flexible services through the unification of strategies an
Slide 16: Medium-Term Strategy: Basic Policy
Medium-Term Strategy: Basic Policy ３．Improvement of Capital Efficiency and Strengthening of Return to Shareholders By combining sustainable profit growth, the stable and continuous provision of dividends, the proactive acquisition of treasury shares, and other measures, we aim to improve our corpora
Slide 17: Medium-Term Strategy: Basic Policy
Medium-Term Strategy: Basic Policy ４．Promotion of Value Sharing with Shareholders ・By introducing the share-based payment system by which part of the compensation is paid in the form of shares, we provide incentives for sustainably improving our corporate value and further sharing value with shareho
Slide 18: Ⅲ. Results Forecasts for FY2019 and Return to Shareholders
Ⅲ. Results Forecasts for FY2019 and Return to Shareholders © 2019 CAC Holdings Corporation 17
Slide 19: Results Forecasts for FY2019
Results Forecasts for FY2019 (JPY mil.) FY2018 FY2019 YoY Result Forcasts Net sales 49,906 52,000 +4.2% Operating income 1,426 2,000 +40.2% (profit margin) 2.9% 3.8% Ordinary income 1,368 1,900 +38.9% (profit margin) 2.7% 3.7% Net income 1,319 1,350 +2.3% (profit margin) 2.6% 2.6% (JPY yen) Dividend
Slide 20: Measures for Returns to Stockholders (FY2019)
Measures for Returns to Stockholders (FY2019) To promote the improvement of capital efficiency and positive returns to stockholders, 50 yen per stock has been set as the estimated dividend for FY2019, an increase of 12 yen from the previous FY, and the acquisition of treasury shares of up to 3 milli
Slide 21: Reference: Major News in the Second Half of the Fiscal Year (1/2)
Reference: Major News in the Second Half of the Fiscal Year (1/2) Segment Category Description of Release CAC Begins Providing Automotive AI Capable of Real-time Emotion Analysis of Automobile Passengers by Emotion Recognition AI (August 1, 2018) AI CAC begins providing Automotive AI, an in-vehicle
Slide 22: Reference: Major News in the Second Half of the Fiscal Year (1/2)
Reference: Major News in the Second Half of the Fiscal Year (1/2) Segment Category Description of Release CAC Opens New Location, BPO Center, in Nagasaki (December 27, 2018) Domestic IT B CAC is opening Nagasaki BPO Center (provisional name) at Nagasaki BizPORT in Nagasaki City to expand its BPO P b
Slide 23: CAC Group helps disseminate and develop Boccia
CAC Group helps disseminate and develop Boccia, a sport for the disabled. Enterprise Value Up Group, Corporate Planning Division Tel: 03-6667-8010 E-mail: prir@cac.co.jp https://www.cac-holdings.com/ © 2019 CAC Holdings Corporation 22