Create Sd Holdings Co., Ltd. · TSE:3148
Create Sd — 1H FY2014 Earnings Presentation
22 slides from Create Sd's earnings presentation, Jan 17, 2014
Slide 1: FY2014 (6/13-5/14) Interim Results Explanatory Meeting
FY2014 (6/13-5/14) Interim Results Explanatory Meeting January 17, 2014 The earnings forecasts appearing in this material are based on the business environment at the present time, and there is the possibility that actual earnings may differ from forecasts for various reasons. Furthermore, only inqu
Slide 2: 1H FY2014 Consolidated Results
1H FY2014 Consolidated Results (06/2013 — 11/2013) CREATE SD
Slide 3: 1H FY2014 Consolidated Profit and Loss Statement
1. 1H FY2014 Consolidated Profit and Loss Statement 1H FY2013 1H FY2014 (consolidated) (consolidated) YoY % of Share Share (million yen) (million yen) change projection (%) (%) (%) (%) Net sales 90,461 100.0 95,913 100.0 106.0 99.0 Gross profit 23,929 26.5 25,022 26.1 104.6 99.0 SG&A expenses 19,026
Slide 4: 1H FY2014 Consolidated Balance Sheet
2. 1H FY2014 Consolidated Balance Sheet (million yen) Main Maincauses causesof ofchanges changes May 31, 2013 November 30, 2013 Change (consolidate) (consolidated) Total assets 74,795 77,796 +3,000 Total Totalassets assets Current assets 45,020 45,471 +451 ・・Merchandise Merchandise+1,247 +1,247milli
Slide 5: 1H FY2014 Consolidated Statement of Cash Flows
3. 1H FY2014 Consolidated Statement of Cash Flows (million yen) November November Major Majorbreakdown breakdown 30 2012 30 2013 Change (consolidated) (consolidated) ・Net profit before taxes 4,691 million yen ・Net profit before taxes 4,691 million yen Cash flow from ・Depreciation 1,014 million yen 2
Slide 6: Results for Each Business
Results for Each Business Company
Slide 7: 1H FY2014 Profit and Loss Statement (Create SD)
Create SD 1.1H FY2014 Profit and Loss Statement (Create SD) 1H FY2013 1H FY2014 YoY % of Share Share (million yen) (million yen) change projection (%) (%) (%) (%) Net sales 89,856 100.0 95,215 100.0 106.0 99.1 Gross profit 23,896 26.6 24,980 26.2 104.5 99.1 SG&A expenses 19,204 21.4 20,839 21.9 108.
Slide 8: Sales by Segment
2. Sales by Segment Create SD 1H FY2013 1H FY2014 YoY YoY Sales Share Sales Share change change (million yen) (%) (million yen) (%) (%) (%) Medical and 19,683 21.9 107.7 21,228 22.3 107.9 health products (O T C) 15,944 17.7 105.6 16,485 17.3 103.4 (Prescription) 3,739 4.2 117.4 4,743 5.0 126.9 Cosme
Slide 9: Sales
3. Sales Create SD Sales Salesininfirst firsthalf halfforecast: forecast:existing existingstores stores100.1% 100.1%year yearon onyear year Set Setstrong strongprices pricesfor forhighly highlyconsumable consumablegoods goodssuch suchas asdaily dailyfoods, foods, beverages beveragesand anddaily dail
Slide 10: Sales Future measures: consumption tax increase
3. Sales Create SD Future measures 1. 1.Measures Measuresfor forthe theimpact impactof ofconsumption consumptiontax taxincrease increase ・Capture the special demand before the consumption tax increase ◆ ◆Ensure Ensurethe thestock stockof ofpopular populargoods goods ◆ ◆Implement Implementsales sales
Slide 11: Sales Future measures: renovation of existing stores
3. Sales Create SD Future measures 2. 2.Promote Promotethe therenovation renovationof ofexisting existingstores stores ・Promoting in-store pharmacies Number Numberof ofin-store in-storepharmacies pharmacies FY2013 FY2013 1H 1HFY2014 FY2014 FY2014 FY2014(projection) (projection) 64 64stores stores 73
Slide 12: Sales Future measures: home delivery service
3. Sales Create SD Future measures 3.3.Increasing Increasingthe thenumber numberof ofstores storesthat thatoffer offeraahome homedelivery deliveryservice servicefor forcustomers customers The Thenumber numberofof the theintroduction introductionstores stores FY2013 1H FY2014 FY2014(projection) FY201
Slide 13: Gross profit
4. Gross profit Create SD Profit Profitimprovement improvement ・price ◆Adjust ◆ Adjustthe theline-up line-upand andtarget targetprices pricesofofgoods goodsononhand-distributed hand-distributed and andyear-end year-endflyers flyers ◆Set ◆ Setaapricing pricingpolicy policyfor fornew newstores storesa
Slide 14: SG&A Expenses
5. SG&A Expenses Create SD Offset Offsetincreases increasesininutilities utilitiesand andconstruction constructioncosts costswith withother othercosts coststhat thatwere werebelow belowforecast forecast 10.1% 10.1%higher higherthan thanforecast forecast (Rose (Rose33.0% 33.0%year yearon onyear) year
Slide 15: New Store Openings
6. New Store Openings Create SD 19 19new newOTC OTCstores storesand and10 10ethical ethicalpharmacies pharmacieswere wereopened opened (of (ofwhich which11were werededicated dedicatedprescription prescriptiondrug drugstores) stores) New store openings by area Kanagawa Tokyo Shizuoka Chiba Aichi Othe
Slide 16: New Store Openings: Acquisition of New Drug Co., Ltd.
Create SD 6. New Store Openings Acquisition Acquisitionof ofthe theshares sharesof ofNew NewDrug DrugCo., Co.,Ltd. Ltd.(which (whichbecame becameaasubsidiary) subsidiary) Establish Establishaanew newstore storemodel modelthat thatcan canenable enablemulti-store multi-store operations operationsin in
Slide 17: New Store Openings: Small stores in urban areas
Create SD 6. New Store Openings Develop Developthe thestructure structureof ofsmall smallstores storeslocated locatedin inurban urbanareas areas Drugstore Drugstore++Composition Composition++Convenience Conveniencestore store Increase Increasestores storeswith withfloor floorareas areasof of30-100 3
Slide 18: Prescription Operations
7. Prescription Operations Create SD 10 10new newstores storesopened opened 97 97stores storesat atthe theend endof of1H 1H (24 (9 in-store pharmacies and (24dedicated dedicatedprescription prescriptiondrug drugstores storesand and 1(9 in-store pharmacies and 1dedicated dedicatedprescription prescri
Slide 19: Action for the future: EC website
8. Action for the future Create SD Improve Improveservices servicesby bymaking makinguse useof ofthe theEC ECwebsite website Provide Providegoods goodsincluding includingthose thosethat thatare arenot notsold soldat atthe thestores, stores, targeting targetingthe thereward rewardcard cardmembers mem
Slide 20: Action for the future: assisted ordering system
8. Action for the future Create SD Expand Expandthe theapplication applicationof ofthe theassisted assistedordering orderingsystem system ・・Improve Improvethe theaccuracy accuracyof ofordering orderingand andreduce reduce the thetime timeof ofordering orderingprocesses processes ・・Achieve Achievelow
Slide 21: Fee-charging Nursing Home and Preventive Nursing Business
9. Fee-charging Nursing Home and Welllife SALON DAY Preventive Nursing Business 1H FY2014 Share YoY change (million yen) (%) (million yen) Net sales 698 100.0 +94 Operating profit 25 3.6 +13 Recurring profit 23 3.4 +11 Net profit 3 0.4 +24 * The income statement is based on the simple addition of fi
Slide 22: FY2014 Forecasts (Consolidated)
FY2014 Forecasts (Consolidated) No Norevisions revisionswere weremade madeto to forecasts for the full fiscal year forecasts for the full fiscal year FY2013 FY2014 (consolidated results) (consolidated projection) Share Share YoY Change (million yen) (million yen) (%) (%) (%) Net sales 181,966 100.0