Take And Give. Needs Co., Ltd. · TSE:4331
Take And Give. Needs — Q1 FY2012 Earnings Presentation
23 slides from Take And Give. Needs's earnings presentation, Aug 5, 2011
Slide 1: Briefing Materials for First Quarter for FY Ending March 31, 2012
Q (2 (ee eemomomes by & NEEDS TAKE AND GIVE. NEEDS Co., LTD. Briefing Materials for First Quarter for FY Ending March 31, 2012
Slide 2: Disclaimer
This material is intended to provide information about the business performance and strategy of Take and Give. Needs Co., Ltd. (T&G). It is not intended to be and should not be construed as an inducement to purchase or sell stock in T&G. Statements in this presentation and at any explanatory meeting
Slide 3: Agenda
|. Results of First Quarter of the FY Ending March 2012 1. Summary of Results 2-1. Consolidated Financial Results 2-2. Consolidated Balance Sheets ll. Key Measures and Revenue Plans for the FY Ending March 2012 1. Bolstering the Operating Foundations 2. Consolidating the Foundations for Growth 3. De
Slide 4: Results of First Quarter of the FY Ending March 2012
Results of First Quarter of the FY Ending March 2012
Slide 5: Summary of first quarter results
I will begin by presenting a summary of results for the first quarter of the fiscal year ending March 31, 2012. Results for the first quarter were on a par with the plan, thanks to strong sales at existing venues. The average wedding cost, an important indicator, continued to rise from the previo
Slide 6: Consolidated financial results summary
This slide shows a summary of the consolidated financial results. Results exceeded the plan in all items, aided by strong sales at existing venues during the first quarter of consolidated fiscal 2011. Net sales generally followed the plan, resulting in an increase of ¥290 million, or 2.6% year on
Slide 7: Domestic wedding business sales breakdown
This slide shows a breakdown of sales in the domestic wedding business. The number of weddings handled at directly operated venues was in line with the plan, despite concerns about the effect of the Great East Japan Earthquake. Average wedding cost continues to increase. This is attributable to o
Slide 8: Gross profit and operating income
This slide shows a breakdown of gross profit and operating income. As a result of a steady increase in the number of weddings handled and average wedding cost, gross profit remained at the planned level, rising ¥155 million year on year to ¥6,186 million. We continued to invest to improve our hum
Slide 9: Ordinary income and net income
This slide explains the items relating to ordinary income and net income. Operating income in excess of the plan resulted in ordinary income of ¥323 million (¥223 million above the plan) and net income of ¥159 million (¥109 million above the plan). 9
Slide 10: Consolidated balance sheet: assets
This slide explains the asset section of the consolidated balance sheet. Total assets were valued at ¥45,043 million, ¥408 million higher than the end of the last fiscal year. As a result of maintaining liquidity in the form of funds on hand to deal with the aftermath of the earthquake, cash and
Slide 11: Consolidated balance sheet: liabilities and net assets
This slide shows the liabilities and net asset section of the consolidated balance sheet. Interest-bearing debt temporarily increased. The reason for this, as noted earlier, was because we maintained liquidity in funds on hand taking into account the effect of the earthquake. The effect of the ea
Slide 12: Key Measures and Revenue Plans for FY Ending March 2012
Key Measures and Revenue Plans for FY Ending March 2012
Slide 13: Criteria for key measures in fiscal year ending March 2012
I would like to move on to talk about the criteria for the key measures implemented in the fiscal year ending March 2012. The first is to strengthen our existing venues by differentiating our services from the competition through “One Heart Wedding,” representing the intrinsic value of weddings.
Slide 14: Strengthening operating foundations: One Heart Wedding
I will start by describing our plans to further strengthen our operating foundations. We have been creating weddings that are unique to each couple, reflecting the past life and thoughts of both bride and groom through our unique system of reserving entire facilities and assigning a wedding planne
Slide 15: Capital tie-up with L'equipe Trois
In July 2011, we established a capital tie-up with L'equipe Trois Inc., an event planning company. L'equipe Trois plans, produces, and manages fashion shows, concerts, company events, and other occasions, with its production skills that encompass areas outside wedding parties. The company has vast
Slide 16: Consolidating the foundations for growth
Let me describe the consolidation of the foundations for growth. With a declining population, the number of couples getting married is expected to fall in Japan over the medium to long term. However, we expect growth in the market share of house weddings, which T&G is developing as its main busine
Slide 17: Hotel wedding business development
We are developing our hotel wedding business as the key strategy for entering the bridal market for hotels. We have two directly operated venues in Nagano and. as previously announced, we have started a wedding business for Hotel Buena Vista, an established hotel in Matsumoto, Nagano. We are prov
Slide 18: Development of overseas operations
I will move on to describe the development of our overseas operations. We have established overseas subsidiaries in Hong Kong and Shanghai and are actively promoting operations in the growing Asian market. Our production capacity was highly recognized at the wedding of Ms. Barbie Hsu, known as Dà
Slide 19: Shanghai wedding salon
In May 2011, we opened a wedding salon in Shanghai. Using this salon as the base for our overseas strategy, we will develop our wedding production business in Asia. In July 2011, we increased the capital of our Shanghai subsidiary, T&G WEDDING Shanghai Co., Ltd. This will enable us to further stre
Slide 20: Full-year consolidated revenue plans
This slide shows our consolidated business results forecasts for the second quarter and for the entire fiscal year ending March 2012. Given that profit in the first quarter exceeded the plan and with a steady increase in orders, we have upwardly revised our forecasts for the first half of fiscal 2
Slide 21: Dividend forecast
Finally, let me describe our dividend forecast for the fiscal year ending March 2012. In step with our basic policy of paying appropriate and stable dividends, we plan to pay an annual dividend of ¥100 per share for the fiscal year ending March 2012, the same as the dividend paid for the fiscal ye
Slide 22: Earthquake relief donations: One Heart of a Million People
We express our deepest condolences to the families of those who died as a result of the Great East Japan Earthquake that occurred on March 11, 2011. We also express our heartfelt sympathy to all who suffered as a result of the earthquake. To help people and communities affected by the disaster, we h
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