Yamato Holdings Co., Ltd. · TSE:9064
Yamato — FY2014 Earnings Presentation
19 slides from Yamato's earnings presentation, May 1, 2015
Slide 1: President's opening remarks on FY2014 results
I am Masaki Yamauchi, Representative Director and President of Yamato Holdings Co., Ltd. Thank you for participating in today’s Settlement of Accounts Meeting. Yamato Holdings achieved year-on-year revenue and income gains, as I’m sure you are already aware from the earnings results released yesterd
Slide 2: Summary for fiscal year ended March 31, 2015
I will start off with a summary for the fiscal year ended March 31, 2015. (1) Although consumer spending remained weak, operating revenue increased by ¥22.0 billion YoY as a result of Delivery Business’ collection of adequate fees along with firm performance in the non- delivery businesses, particul
Slide 3: Operating results
Next, let’s move on to operating results. (1) This table provides a summary of year-on-year results for operating revenue, operating income, and other earnings results. (2) Net income increased by ¥2.7 billion YoY, to ¥37.5 billion. The government’s tax reform plan resulted in reversing deferred tax
Slide 4: YoY analysis of consolidated operating revenues
Next is the YoY analysis of changes in consolidated operating revenues. (1) Revenues by operating segment increased almost across the board, as these figures indicate. 4
Slide 5: Analysis of changes in consolidated operating expenses
Next for the analysis of changes in consolidated operating expenses. (1) Consolidated operating expenses increased by 1.2% YoY. Please look at slide 5 to get a better understanding in this regard. (2) We have continued with robust cost control measures which include initiatives to boost productivity
Slide 6: Quarterly YoY trends for consolidated operating income
Now we come to quarterly YoY trends for consolidated operating income. (1) As shown, in the first quarter of the fiscal year revenues increased while income decreased, in the second and third quarters both revenues and income gained, and in the fourth quarter revenues decreased by ¥0.2 billion while
Slide 7: TA-Q-BIN delivery volume and unit price trends
Next, we will move on to quarterly YoY trends of TA-Q-BIN delivery volume and unit price. (1) Overall, prevailing trends remain largely unchanged. (2) T A-Q-BIN delivery volume for the fourth quarter (January–March) decreased by 4.9% due to trends thus far such as sluggish personal consumption and a
Slide 8: Kuroneko Mail delivery volume and unit price trends
Next we move on to quarterly YoY trends of Kuroneko Mail delivery volume and unit price. (1) As with TA-Q-BIN delivery, trends with Kuroneko Mail delivery volume remain largely unchanged. (2) Kuroneko Mail delivery volume in the fourth quarter (January–March) decreased by 9.2% YoY, due to a shrinkin
Slide 9: TA-Q-BIN business overseas
Next we look at progress achieved by the TA-Q-BIN business overseas. (1) As shown in this slide, delivery volume has been growing steadily. The total delivery volume including that of Taiwan is listed in the lower part of this slide. 9
Slide 10: Positioning for fiscal year ending March 2016
Now that we are at the start of a new fiscal year, as President I will once again explain the matter of our positioning for the fiscal year ending March 31, 2016. (1) The Company aims to develop into “Asia’s No. 1 solution provider of distribution and lifestyle support,” under the long-term manageme
Slide 11: Capital policy and shareholder returns
Next, we will explain our views on the Company’s capital policy measures and shareholder returns. (1) In the previous fiscal year, purchase of treasury shares amounted to ¥30.0 billion and retirement of treasury shares amounted to ¥31.5 billion, with ROE subsequently at 6.7%. (2) We intend to achiev
Slide 12: Year-end dividend
(1) A year-end dividend for the fiscal year ended March 31, 2015 of ¥13 per share has been set, upon official resolution of the Board of Directors meeting in May which followed statutory audit of the Company’s financial statements. (2) As such, our annual dividend amount is ¥25 per share, an increas
Slide 13: FY2016 full-year operating results forecasts
Finally, here are our full-year operating results forecasts for FY2016. (1) As shown on this slide, we forecast operating revenues of ¥1,430.0 billion and operating income of ¥72.0 billion. This results in an operating profit margin of 5.0%, which constitutes a slight gain to achieve a higher profit
Slide 14: Finance and accounting remarks
My name is Kenichi Shibasaki, and I am in charge of Finance and Accounting, and Investor Relations. Thank you for participating in today’s Financial Results Meeting. As President Yamauchi explained earlier, operating income for the fiscal year ended March 31, 2015 came in at record-high levels due t
Slide 15: Analysis of changes in consolidated operating expenses
Here are the analysis of changes in consolidated operating expenses. (1) Personnel expenses rose ¥2.8 billion YoY. Employee salary and the retirement benefit expenses are as stated on this slide. Other personnel expenses decreased ¥0.6 billion YoY. The major breakdown of this is as follows: 1) Legal
Slide 16: Operating expenses of the Delivery Business
This slide contains the statement of operating expenses for the Delivery Business. I have just covered these details, so will now move on to the next slide. 16
Slide 17: Forecasts by business segment for FY2016
The forecasts for operating revenues and operating income by business segment for the full year ending March 31, 2016 are as follows. (1) For the fiscal year ending March 31, 2016, we forecast operating revenues of ¥1,430.0 billion and operating income of ¥72.0 billion. The forecast for operating in
Slide 18: Full-year forecasts for consolidated operating expenses
Finally, this slide shows our full-year forecasts for consolidated operating expenses. (1) In terms of overall forecasts, we project a 2.3% YoY increase in expenses, against a 2.4% YoY increase in revenues. The breakdown of these figures is as shown in this slide. I will go over the main points rega
Slide 19: (@® Yamato HOLDINGS Co.,LTD.
(@® Yamato HOLDINGS Co.,LTD. These presentation materials (with explanatory notes) and the minutes of the financial results meeting Q&A are posted in PDF format on the Company's website in the Investor Relations section. Disclaimer: This material is intended for informational purposes only and is no