Take And Give. Needs Co., Ltd. · TSE:4331
Take And Give. Needs — Q1 FY2015 Earnings Presentation
29 slides from Take And Give. Needs's earnings presentation, Aug 8, 2014
Slide 1: Briefing Materials for First Quarter of FY Ending March 31, 2015
| Q €. iV Seeranicmrcunvers IN\E EDS TAKE AND GIVE. NEEDS Co., LTD. Briefing Materials for First Quarter of FY Ending March 31, 2015
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
|. Results of First Quarter for the FY Ending P4-11 March 2015 1. Summary of Results P5 2-1. Consolidated Financial Results P6-9 2-2. Balance Sheets P10-11 ll. Strategy to open new venues to reach 2020 P12-14 Target of ¥100 billion in consolidated sales Ill. Priority Measures of FY Ending March 2015
Slide 4: Results of First Quarter FY Ending March 2015
Results of First Quarter FY Ending March 2015
Slide 5: Summary of results of the first quarter
Let us begin by presenting a summary of results of the first quarter of the fiscal year ending in March 2015. The fiscal year ending in March 2015 is the final fiscal year of 153P, our three-year medium-term business plan (released on February 3, 2012), and is positioned as the year in which we wi
Slide 6: Consolidated financial results
Now we would like to explain the outline of our consolidated financial results. In the first quarter, sales and income both came in generally in line with forecasts. Compared to the same period of the previous fiscal year, sales and income were down due to lower sales in domestic business and upfr
Slide 7: Sales by business segment
We would like to explain fluctuations in sales and sales share by business segment. First, directly operated venues are our mainstay business, accounting for most of our consolidated net sales. In the first quarter, earnings in this business declined due to a drop in the number of weddings handled
Slide 8: Domestic wedding business
Continuing on, here is the current situation in our domestic wedding business. In directly operated venues, we pursued our differentiation strategy by capitalizing on our three strengths: total coordinating capacity, skills in expressing the heart, and ability to identify and realize needs. In th
Slide 9: Overseas and resort wedding business
Continuing on, we would like to discuss the overseas and resort wedding business. The number of resort weddings handled continued to increase as a result of new venue openings, and in particular, our mainstays Hawaii and Guam were strong. As a result of high acclaim for our wedding production in
Slide 10: Consolidated balance sheets: assets
Now let us touch on the asset side of the consolidated balance sheets. Total assets at the end of the first quarter of the fiscal year under review had decreased by ¥1,084 million compared to the end of the previous fiscal year, to ¥47,198 million. Cash and deposits decreased (down ¥958 million o
Slide 11: Consolidated balance sheets: liabilities and net assets
Now we will discuss the liabilities and net asset side of the consolidated balance sheets. As a result of upfront investments in priority measures in the first quarter under review, the balance of interest-bearing liabilities amounted to ¥17.7 billion. Current liabilities decreased ¥1,571 million
Slide 12: Strategy to open new venues to achieve 2020 Target of ¥100 billion
Strategy to open new venues to achieve 2020 Target of ¥100 billion in consolidated sales (released on July 25, 2014)
Slide 13: Growth strategy to achieve 2020 Target
We will now explain the first stage of the growth strategy to achieve our 2020 Target (fiscal year ending March 2021) of ¥100 billion in consolidated sales, which is the strategy of opening new venues. (Released on July 25, 2014) Our 2020 Target (fiscal year ending March 2021) aims to achieve co
Slide 14: Strategy to open new venues
We drove the overall industry as the pioneer of the house wedding market. At the same time, in the increasingly harsh market environment, our strategy to open new venues aims to create new markets and help to energize the wedding market overall by using a new approach to open venues that utilizes
Slide 15: Priority Measures of FY Ending March 2015
Priority Measures of FY Ending March 2015
Slide 16: Priority measures and impact on operating income
We 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,
Slide 17: Effect of 153P priority measures
Next, we 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 year on year in operating inc
Slide 18: Directly operated venues overview
Now we will provide an overview of the directly operated venues. We are continuing the revenue structural reforms carried out in the fiscal year ended in March 2014. We are primarily improving cost of sales, reducing real estate-related costs and reinforcing corporate marketing to boost revenu
Slide 19: 183P priority measures
Next, we 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 th
Slide 20: Create strengths: TRUNK BY SHOTO GALLERY
| | 3-4. 183P Investment in Priority Measure (1) Create strengths November 2014 Opening of TRUNK BY SHOTO GALLERY, which provides unique wedding unlike any other created from zero tsetse Ae bles) eb TRUNK BY SHOTO GALLERY Address 1-5-4 Shoto, Shibuya-ku, Tokyo Facilities m@ Chapel, banquet Opening N
Slide 21: New China factory for wedding products
a | 3-4. 183P Investment in Priority Measure (1) Create strengths New China factory established and production of wedding products started European- and US-style wedding products offered at competitive prices European- and US-style weddings Create new wedding style and generate new markets Put toget
Slide 22: Expand overseas: Waldorf Astoria Shanghai affiliation
ar | 3-5. 183P Investment in priority measure (2) Expand overseas development April 2014 Affiliation started with five-star hotel in Shanghai, Waldorf Astoria Shanghai on the Bund Waldorf Astoria Shanghai on the Bund WALDORF ASTORIA SHANGHAI he BUND Apaoranaa Waldorf Astoria Shanghai on the Bund Add
Slide 23: Expand overseas: Crystal Chapel, Hotel Nikko Guam
| 3-6. 183P Investment in priority measure (2) Expand overseas development Opening of Crystal Chapel, a directly operated chapel in Hotel Nikko Guam, a popular venue in Guam External view of chapel CRYSTAL CHAPEL CRYSTAL CHAPEL Address 245 Gun Beach Road, Tamuning, Guam 96913 Start of sales from Jun
Slide 24: Expand overseas: White Church, Hotel Orion Motobu
a | 3-7. 183P Investments in priority measures (2) Expand overseas development September 2014 Opening of “White Church,” directly operated chapel by Alruis Wedding in Hotel Orion Motobu External view of chapel ee er } _ JUHA Aita Wii ik Chapel White Church Opening September 2014 Start of sales from
Slide 25: New venue openings: HARMONIE SOLUNA Omotesando
a | 3-2. 183P Investments in priority measures (3) New venue openings Opening of first Tokyo venue for Bride’s word, made a consolidated subsidiary in December 2012 Spring 2015 Opening of HARMONIE SOLUNA Omotesando Banquet hall Second-floor terrace HARMONIE SOLUNA Omotesando Site of new venue 6-28-6
Slide 26: Consolidated full-year earnings forecasts and dividend forecasts
Consolidated full-year earnings forecasts and dividend forecasts for fiscal year ending March 2015
Slide 27: Consolidated full-year earnings forecasts
Consolidated full-year earnings forecasts for the fiscal year ending in March 2015 are as follows. There are no changes to the earnings forecasts announced when we released the earnings results for the fiscal year ended in March 2014 (May 9). ¥62,000 million in net sales (up ¥1,286 million year on
Slide 28: Dividend forecasts
We will now explain our dividend forecasts for the 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 ongoing growth. We plan to pay divi
Slide 29: Slide 29
Take and Give. Needs — Q1 FY2015 Earnings Presentation on 6ix