Pan Pacific International Holdings Corporation · TSE:7532

Pan Pacific International — FY2019 Earnings Presentation

16 slides from Pan Pacific International's earnings presentation, Aug 13, 2019

  1. Slide 1: Pan Pacific International Holdings Corporation Results for FY 2019

    Pan Pacific International Holdings Corporation Results for FY 2019 Earnings Results July 1, 2018 – June 30, 2019 August 13, 2019

  2. Slide 2: Earnings summary

    Earnings summary Consolidated 12 months to June 2019 12 months to June 2018 (Millions of yen) Actual Share YoY Actual Share Net sales 1,328,874 100.0% 141.1% 941,508 100.0% Gross profit 370,527 27.9% 151.9% 243,991 25.9% SGA 307,417 23.1% 159.8% 192,423 20.4% Operating profit 63,110 4.7% 122.4% 51,5

  3. Slide 3: Same-store sales (Don Quijote Co., Ltd.)

    Same-store sales (Don Quijote Co., Ltd.) 110.0% Same Store Sales Spending 105.0% Traffic 100.0% 95.0% 2017.Jan. 2017.Jul. 2017.Dec. 2018.Jun. 2018.Dec. 2019.Jun. 2018 2019 Comparable stores Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun. Jul. Sales (%) 103.0

  4. Slide 4: Sales breakdown by product category

    Sales breakdown by product category Consolidated 12 months to June 2019 12 months to June 2018 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 80,125 6.0% 104.5% 76,698 8.1% Miscellaneous household goods 231,835 17.5% 106.7% 217,257 23.1% Foods 350,897 26.4% 112.6% 311,565

  5. Slide 5: Sales breakdown by product category

    Sales breakdown by product category POSA cards and wireless headsets were gainers. Seasonal appliances were Home electrical appliances encouraged by temperature change. Daily necessities such as detergents and hair care items attracted the domestic Miscellaneous household goods customers. Cosmetics

  6. Slide 6: The number of stores

    The number of stores Breakdown by format (stores) FY2017 FY2018 FY2019 Don Quijote 198 209 212 MEGA 40 43 44 New MEGA 72 80 88 MEGA DQ UNY ― ― 16 (Conversion Store) Apita / Piago ― ― 176 Picasso 21 23 21 Kyo-yasu-do 4 4 4 mini Piago ― ― 73 Doit 17 18 15 Nagasakiya 2 2 2 Total stores in Japan 354 379

  7. Slide 7: The number of stores

    The number of stores Breakdown by company (stores) FY2017 FY2018 FY2019 Don Quijote Co., Ltd. 292 313 322 (DQ,New MEGA and small format) Nagasakiya Co., Ltd. (MEGA) 40 43 44 UD Retail Co., Ltd. ― ― 16 (MEGA UNY;conversion store from UNY) UNY Co., Ltd. (Apita, Piago) ― ― 176 Lirack Co., Ltd. (Kyo-yas

  8. Slide 8: Key components in SG&A

    Key components in SG&A 12 months to June 2019 12 months to June 2018 Consolidated (Millions of yen) Actual Share YoY Actual Share Net sales 1,328,874 100.0% 141.1% 941,508 100.0% Salary allowance 111,485 8.4% 155.0% 71,941 7.6% Rent 42,131 3.2% 148.7% 28,330 3.0% Commission paid 43,772 3.3% 190.7% 2

  9. Slide 9: Sales and profit by business

    Sales and profit by business Sales, profit and loss by segment from Jul.1, 2018, to June.30, 2019 (Millions of yen) Consolidated Discount store GMS Tenant leasing Others Total Adjusted Consolidated Sales to external customers 1,015,924 266,058 39,132 7,760 1,328,874 ― 1,328,874 Internal sales or tra

  10. Slide 10: New segment category

    New segment category Retail business Tenant leasing business Other business Before （Major ※２ *２ Subsidiaries） Don Nagasa- Doit DQ USA MARUKAI QSI PPRM JAM JCE D-One Realit PPIH PPLA Quijote kiya UNY Group UDR 99 Ichiba UNY UCS *１ After （Major Subsidiaries） Discount store business GMS business Tenant

  11. Slide 11: Balance Sheet

    Balance Sheet (Millions of yen) (Millions of yen) Consolidated As of June 30, Change from Consolidated As of June 30, Change from 2019 June 30, 2018 2019 June 30, 2018 Total current assets 496,405 259,792 Total current liabilities 337,985 166,099 Cash and deposits 172,673 100,700 Accounts payable 15

  12. Slide 12: Cash flows and Capital expenditure

    Cash flows and Capital expenditure (Millions of yen) Consolidated Cash Flows 12 months to June 12 months to June Change 2019 2018 Cash and equivalents at beginning of period 75,883 78,094 (2,211) Cash flows from operating activities 101,978 46,081 55,897 Cash flows from investing activities (37,113)

  13. Slide 13: Earnings summary for Q4

    Earnings summary for Q4 Consolidated 3 months to June 2019 3 months to June 2018 (Millions of yen) Actual Share YoY Actual Share Net sales 409,884 100.0% 172.0% 238,352 100.0% Gross profit 118,410 28.9% 186.8% 63,376 26.6% SGA 101,632 24.8% 195.9% 51,868 21.8% Operating profit 16,778 4.1% 145.8% 11,

  14. Slide 14: Sales breakdown by product category for Q4

    Sales breakdown by product category for Q4 Consolidated 3 months to June 2019 3 months to June 2018 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 18,239 4.4% 109.0% 16,728 7.0% Miscellaneous household goods 59,672 14.6% 108.9% 54,775 23.0% Foods 93,273 22.8% 118.3% 78,82

  15. Slide 15: Key components in SG&A for Q4

    Key components in SG&A for Q4 Consolidated 3 months to June 2019 3 months to June 2018 (Millions of yen) Actual Share YoY Actual Share Net sales 409,884 100.0% 172.0% 238,352 100.0% Salary allowance 35,978 8.8% 187.9% 19,150 8.0% Rent 13,536 3.3% 180.8% 7,485 3.1% Commission paid 15,428 3.8% 239.6%

  16. Slide 16: Forecast for fiscal June 2020

    Forecast for fiscal June 2020 Consolidated FY2020 forecast FY2020 1H forecast (Millions of yen) Plan Share YoY Plan Share Net sales 1,650,000 100.0% 124.2% 830,000 100.0% Gross profit 466,000 26.2% 125.8% 234,000 28.2% SGA 400,000 24.2% 130.1% 200,000 24.1% Operating profit 66,000 4.0% 104.6% 34,000

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