Take And Give. Needs Co., Ltd. · TSE:4331
Take And Give. Needs — FY2014 Earnings Presentation
28 slides from Take And Give. Needs's earnings presentation, May 9, 2014
Slide 1: Briefing Materials for FY Ended March 31, 2014
| Q ¢ WAS @tvel (GAIDY eX} a BRS) TAKE AND GIVE. NEEDS Co., LTD. Briefing Materials for FY Ended March 31, 2014
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
I. Results of the FY Ended March 2014 P4-P15 1. Highlights of FY Ended March 2014 P5 2. Consolidated Financial Results P6-12 3. Consolidated Balance Sheets P13-14 4. Consolidated Cash Flow Statements P15 II. 153P Progress and Consolidated Revenue Plans P16-P25 of the FY Ending March 2015 1. Role of
Slide 4: Results of the FY Ended March 2014
Results of the FY Ended March 2014
Slide 5: Highlights of FY Ended March 2014
Let me begin by presenting a summary of results of the fiscal year ended March 2014. As the second year of the three-year medium-term business plan 153P (released on February 3, 2012), the fiscal year ended in March 2014 was dedicated to solidifying the achievements of 153P, and we implemented the
Slide 6: Consolidated Financial Results
Now I would like to explain the outline of our consolidated financial results. In the fiscal year under review, both sales and income surpassed the previous fiscal year. Due to a strong performance at T&G directly operated venues and in the overseas and resort weddings business, net sales amounte
Slide 7: Sales by Business Segment
We would like to explain fluctuations in sales and sales share by business segment. We are steadily pursuing our three-year medium-term business plan, "153P," which has three growth strategies. The first is to strengthen directly operated venues. Domestic wedding business is our mainstay business
Slide 8: Number of Weddings Handled
Next we will discuss the number of weddings handled. The Group runs wedding ceremonies and receptions at T&G directly operated venues, in consulting operations, Bride’s word, and overseas (Asia wedding production, resort weddings). The number of weddings handled by the Group in this fiscal year r
Slide 9: Domestic Wedding Business
Continuing on, here is what is happening in our domestic wedding business. In T&G’s directly operated venues, we pursued differentiation through a completely original wedding concept, the “One Heart Wedding.” The number of weddings handled rose by 252 year on year to 10,433 in this fiscal year, th
Slide 10: Overseas and Resort Wedding Business
I would like to discuss the overseas and resort wedding business. The number of resort weddings handled continued to increase as a result of the successful expansion of our sales network, and in particular, our mainstays Hawaii and Guam were strong. In wedding production in Asia, the number of we
Slide 11: Gross Profit and Operating Income
I would now like to explain certain items related to gross profit and operating income. Gross profit increased ¥5,726 million year on year as a result of higher net sales due to strategic reforms to the revenue structure and the impact of BW’s consolidation. The gross profit margin improved 2.3 po
Slide 12: Ordinary Income and Net Income
We would now like to talk about ordinary income and net income. We posted a non-operating loss of ¥286 million (up ¥87 million year on year). The primary factor was a ¥329 million reduction in interest payments (down ¥50 million year on year due to cuts in interest-bearing liabilities and lower i
Slide 13: Consolidated Balance Sheets: Assets
Now let me touch on the asset side of the consolidated balance sheets. Total assets at the end of the fiscal year under review had increased ¥1,771 million compared to the end of the previous fiscal year, to ¥48,282 million. The ¥1,411 million increase in cash and deposits over the end of the pre
Slide 14: Consolidated Balance Sheets: Liabilities and Net Assets
Now I will discuss the liabilities and net asset side of the consolidated balance sheets. Interest-bearing liabilities totaled ¥15.8 billion at the end of this fiscal year. When excluding interest-bearing liabilities related to the acquisition of BW* (¥2.8 billion), which became a consolidated sub
Slide 15: Consolidated Cash Flow Statements
We will take this opportunity to explain the consolidated cash flow statement. Cash flows from operating activities amounted to ¥5,646 million, cash flows from investing activities were ¥1,769 million and cash flows from financing activities were ¥2,537 million. As a result, cash and deposits at
Slide 16: 153P Progress and Plans FY Ending March 2015
153P Progress and Plans FY Ending March 2015 *153P: Three-Year Medium-Term Business Plan for FY Ended March 2013 to FY Ending March 2015 *Announced on February 3, 2012 For details, please see: http: //pdf.irpocket.com/C4331 /OWM7/VU71/JVyi.pdf
Slide 17: Role of FY Ending March 2015
We will explain the role of the fiscal year ending March 2015. The fiscal year ending in March 2015 is the final year of 153P (the first medium-term business plan is a three-year plan). In the fiscal year ended in March 2014, we were able to achieve the ¥60 billion sales target for the final f
Slide 18: Priority Measures and Operating Income
I will address the priority measures for the fiscal year ending in March 2015 in terms of their impact on operating income/loss (fluctuation over the fiscal year ended in March 2014). We expect operating income to be up by a total of about ¥1.3 billion over the fiscal year ended in March 2014, d
Slide 19: Effect of 153P Priority Measures
Next, I will explain the effect of the 153P priority measures in more detail. We anticipate that the effect of these three measures will increase operating income by ¥770 million over the fiscal year ended in March 2014. First, we forecast a ¥210 million increase in operating income due to gro
Slide 20: 183P Priority Measures
Next, I will explain the 183P priority measures in greater detail. We will invest in three measures as 183P priority measures. We expect this to reduce operating income by about ¥1.1 billion. First, we expect operating income to fall by ¥280 million as a result of the cost of preparing for the
Slide 21: Establishment of a New Business Model
As reference, we will explain the establishment of a new business model. We started operations overseas and looked at global weddings. We found that European- and US-style weddings involve building the wedding from zero and coordinating the space itself. We felt that a very strong coordinating c
Slide 22: Overseas Strategy Overview
As reference, we will provide an overview of our overseas strategy. We expanded the wedding production in Asia, particularly in Shanghai. Our efforts thus far have been highly praised, and affiliations with five-star hotels (13 hotels in six cities) have increased. We are currently expanding our b
Slide 23: T&G Directly Operated Venues
Now we will provide an overview of the T&G directly operated venues. We will continue with the revenue structural reforms carried out in the fiscal year ended in March 2014. We will primarily improve cost of sales, reduce real estate-related costs and reinforce corporate marketing to boost rev
Slide 24: Capital Spending Plans
We will explain our capital investment plans now. As we have previously explained, we will make prior investments for the next medium-term plan (183P) (*1). The main capital investments are as follows. Investments in new venues include new venues opening in Japan and venues opening in overseas r
Slide 25: Consolidated Earnings Forecast FY Ending March 2015
Given these factors, consolidated full-year earnings forecasts for the fiscal year ending March 2015 are as follows. ¥62,000 million in net sales (up ¥1,212 million year on year) ¥3,800 million in operating income (up ¥181 million year on year) ¥3,500 million in ordinary income (up ¥167 million yea
Slide 26: Dividend Forecast FY Ending March 2015
Dividend Forecast FY Ending March 2015
Slide 27: Dividend Forecast
We will now explain our dividend forecasts for the fiscal year ended in March 2014 and fiscal year ending in March 2015. The Company’s basic policy is to return profits to all of our shareholders with appropriate levels of stable dividend payments, while making investments to ensure the Company's
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