Autobacs Seven Co., Ltd. · TSE:9832
Autobacs Seven — Q1 FY March 2018 Earnings Presentation
18 slides from Autobacs Seven's earnings presentation, Jul 28, 2017
Slide 1: Results for the Three Months ended June 30, 2017
【Reference】 Translation Results for the Three Months ended June 30, 2017 July 28, 2017 AUTOBACS SEVEN CO., LTD.
Slide 2: Q1 FY March 2018 Consolidated P/L
Q1 FY March 2018 Consolidated P/L Increase in net sales and income: Both sales and gross profit achieved growth. Selling, general, and administrative expenses rose but were still within the plan. Sales of automotive goods and services picked up thanks to a last-minute surge in demand before tire pri
Slide 3: Segment Information
Segment Information Three months Three months （億円） ended June 30, ended June 30, YoY Summary 2017 2016 Sales 42.06 41.70 +0.9% The wholesale to franchise companies and the retail of store Domestic Gross margin 12.88 12.80 +0.6% subsidiaries increased. The purchase cost ratio was reduced AUTOBACS SG&
Slide 4: Performance Breakdown (Three months ended Jun 30, 2017)
Performance Breakdown (Three months ended Jun 30, 2017) Non-consolidated company +510MY ↑ Tires & wheels, car sales, accessories, maintenance goods, etc. Net sales Wholesale +1.5% ↓ Car electronics, etc. 36.9 Billion Yen (YoY: +1.05 BY) +570MY ↑ Car sales, on-line store, etc. Retail +43.1% ↓ Car ele
Slide 5: Retail Sales in Total AUTOBACS Group Stores
Retail Sales in Total AUTOBACS Group Stores RETAIL SALES INCLUDING FCs: 60.6 billion yen (+5.1% YoY) (Billion Yen) 70 57.7 60.6 1.1 Second hand goods & Fuel: 1.1BY (+10.0% YoY） 60 1.0 4.5 4.0 Statutory safety inspection: 4.5BY (+12.9% YoY) 6.3 Number of cars inspected： 154,000cars (+13.2% YoY) 50 6.
Slide 6: Sales Trend: Retail & Wholesale (Jul 2016 – Jun 2017)
Sales Trend: Retail & Wholesale (Jul 2016 – Jun 2017) 【YoY change for the last 12 months】 Strong tire sales due to a last-minute surge in demand 40.0% ahead of price hikes Sales Wholesale 35.5% 30.0% Expansion in demand for 20.0% winter products after mild winter the previous year Increase in store
Slide 7: Sales Variance by Merchandise (Q1 FY2017)
Sales Variance by Merchandise (Q1 FY2017) 【Same store basis】 Sales: +5.6% YoY, Number of customers: +0.9% YoY (Million Yen） Sales* changes by merchandise category 200 (YoY change in amount; total store basis) 149 150 100 Goods Motor Sports Car Electronics 54 Goods Motorcycle 50 30 14 7 6 6 3 2 0 -0
Slide 8: Automobile purchase and sales (1) Commercial flow of car purchase and B2B sales
Automobile purchase and sales (1) Commercial flow of car purchase and B2B sales (No. of cars denotes cumulative units for the three months ended June 30, 2016) FC Headquarters Sales by auction Appraisal and purchase consigned to FC Headquarters Used car dealers 677 cars Auto auctions 3,705 cars Cust
Slide 9: Automobile purchase and sales (2) Commercial flow of retail sales
Automobile purchase and sales (2) Commercial flow of retail sales (No. of cars denotes cumulative units for the three months ended June 30, 2016) New car dealers Used car dealers New car dealers Auto auctions Auto auctions Procurement Procurement FC Headquarters Customers Purchase & Wholesale Invent
Slide 10: Performance by Overseas Subsidiaries
Performance by Overseas Subsidiaries FRANCE THAILAND SINGAPORE CHINA MALAYSIA Number of stores at June. 30, 2016 11 7 3 0 4 -including FC stores- Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Period FY2018 FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 FY2017 Net sales (Million Yen) 1,613 1,526 87 54 335 3
Slide 11: Car-related lifestyle brand “JACK & MARIE”
Car-related lifestyle brand “JACK & MARIE” Concept: for grownups fashionably enjoying “Café, Nature, and Car Life” Launched on ZOZOTOWN on June 1, 2017. JACK & MARIE merchandise Tote bags Folding Fragrances Sunshades T-shirts containers 10
Slide 12: “JKM” and “GORDON MILLER”
“JKM” and “GORDON MILLER” Launched as a private brand derived from JACK&MARIE JKM GORDON MILLER 11
Slide 13: AUTOBACS GARAGE FUCHU
AUTOBACS GARAGE FUCHU Opened after renovation as a store offering lifestyles (June 2017) [1st Floor] [2nd Floor] Offering various technical services, safety inspections, tires, oils, Offering lifestyles in five categories, batteries, and other products at the information counter. including “GO OUT”
Slide 14: Change in Reportable Segments
Change in Reportable Segments Segments Segments after before change change Segment description Wholesale and retail of The Company automotive goods and ・Domestic Store Subsidiaries Domestic services; purchase and ・Shaken-Bankin DEPOT Inc.., AUTOBACS sale of used cars; Business ・Chain Growth Co., Ltd
Slide 15: Store Openings and Closings (Plan)
Store Openings and Closings (Plan) Domestic stores Fiscal year ending March 31, 2017 (Plan) No. of stores Q1 (result) No. of stores Q2 – Q4 (Plan) No. of stores as of March S/B・ as of June S/B・ as of March 31, 2016 New Close 30, 2016 New Close 31, 2017 R/L R/L AUTOBACS 498 +2 -1 499 +4 +1/-1 -1 502
Slide 16: Balance Sheet / Assets
Balance Sheet / Assets 174.2BY 173.1BY 203.0BY 176.7BY 172.2BY (Billion Yen) 37.5 Cash and deposits 37.1 31.5 34.3 33.9 Trade notes 35.2 and account receivables 20.0 20.6 20.7 8.8 21.3 Lease investment 9.1 assets 9.3 8.9 17.7 8.8 15.3 Inventories 17.1 14.9 16.5 Other current assets 30.3 26.1 17.7 19
Slide 17: Balance Sheet / Liabilities & Net Assets
Balance Sheet / Liabilities & Net Assets 174.2BY 173.1BY 203.0BY 176.7BY 172.2BY (Billion Yen) Trade notes & accounts payable 35.2 ST borrowings and 12.8 corporate bond 13.4 13.3 4.0 11.7 Other ST liabilities 2.9 3.0 5.9 5.2 16.4 15.3 20.9 18.4 Bonds and LT debts 0.6 17.8 Other LT liabilities 2.0 1.
Slide 18: Forward-Looking Statements
Forward-Looking Statements These materials include forecasts regarding the Company’s future plans, strategies, and performance. This information is based on judgments and estimates made in accordance with information currently available. Actual results may differ materially from forecasts due to suc
Autobacs Seven — Q1 FY March 2018 Earnings Presentation on 6ix