Take And Give. Needs Co., Ltd. · TSE:4331
Take And Give. Needs — H1 FY2006 Earnings Presentation
28 slides from Take And Give. Needs's earnings presentation, Nov 25, 2005
Slide 1: Take and Give. Needs FY 2006 Interim Results
November 25, 2005 Corporate Presentation TAKE AND GIVE. NEEDS Take and Give.Needs Co., Ltd FY 2006 Interim Results TSE 2nd section: 4331 http://www.tgn.co.jp/ir/index_e.html
Slide 2: Contents
CONTENTS Interim results for fiscal year ending March 31, 2006 T&G Corporate Strategy Interim results FY ending March 2006 (1) 1 Opportunities in the wedding-related market 16 Interim results FY ending March 2006 (2) 2 Wedding ceremony business 17 Highlights from interim period FY 2006 3 Wedding-rel
Slide 3: Interim results for fiscal year ending March 31, 2006
Interim results for fiscal year ending March 31, 2006
Slide 4: Interim results FY ending March 2006 (1)
Interim results FY ending March 2006 (1) Financial highlights ¥ million Interim periods Full year periods (ref.) FY 05 Interim FY 06 Interim Change FY 05 FY 06 (forecast) Change Sales 8,765 15,307 +74.6% 21,830 32,868 +50.6% Gross profit 4,898 8,385 +71.2% 12,088 Gross profit ratio 55.9% 54.8% 55.4%
Slide 5: Interim results FY ending March 2006 (2)
Interim results FY ending March 2006 (2) Sales by segment (¥ million) FY 05 interim FY 06 interim Change Total net sales 8,765 100.0% 15,307 100.0% +74.6% Directly managed venues 6,975 79.6% 13,651 89.2% +95.7% Restaurant alliances 1,252 14.3% 1,150 7.5% -8.2% Other 537 6.1% 506 3.3% -5.7% Directly
Slide 6: Highlights from interim period FY 2006
Highlights from interim period FY 2006 Improved capacity utilization, particularly in regional areas House weddings division Improving operations utilization ratio 48.5% 2004/4-2004/9 58.7% 2005/4-2005/9 All new venues are off balance sheet Off-balance Sheet venues Interim capital expenditure ¥3,225
Slide 7: Operating results (PL): Directly managed division (1) Overview
Operating results (PL): Directly managed division (1) Overview 2004/4-2004/9 2005/4-2005/9 Change Change % Net Sales 6,975 13,651 +6,675 +95.7% Number of venues as of 09 2005 31 50 +19 +61.3% Off-balance sheet venues 2 17 +15 Weddings handled (*1) 1,567 3,168 +1,601 +102.2% Utilization rate (*2) 48.
Slide 8: Operating results (PL): Directly managed division (2) Improving operations
Operating results (PL): Directly managed division (2) Improving operations Progress since April 1, 2004 FY ended March 31, 2005 FY ending March 31, 2006 1Q 2Q 3Q 4Q 1Q 2Q Regional improvements in orders as of fourth quarter Established region-based pricing Regional media activities Combined regional
Slide 9: Operating results (PL): Directly managed division (3) Existing venues
Operating results (PL): Directly managed division (3) Existing venues 2004/4-2004/9 2005/4-2005/9 Change Change % Net sales (¥ million) 6,210 6,878 +667 +10.8% Weddings 1,366 1,562 +196 +14.3% Price 4,546 4,403 -142 -3.1% Gross profit (¥ million) 3,611 3,836 +224 +6.2% Gross ratio 58.2% 55.8% SG&A (
Slide 10: Operating results (PL): Affiliated restaurant division
Operating results (PL): Affiliated restaurant division 2004/4-2004/9 2005/4-2005/9 Change Change % Net sales (¥ million) 1,252 1,150 -102 -8.2% Venues at term end 12 13 +1 Weddings 482 481 -1 -0.2% Number of events from ordinary operations* 332 374 +42 +12.7% Price per wedding (¥ thousand) 2,577 2,3
Slide 11: Operating results (PL): Gross profit/SG&A
Operating results (PL): Gross profit/SG&A Gross profit Gross profit ratio Interim FY 2005 55.9% Interim FY 2006 54.8% • Income from more profitable directly managed venues increased from 79.6% to 89.2%. However, gross profit ratio temporarily dropped due to effects of company campaign in directly ma
Slide 12: Operating results (BS): Assets
Operating results (BS): Assets As of As of Change from Change from As of March (¥ million) September September 30, September 30, March 31, 31, 2005 30, 2004 2005 2004 2005 Total current assets 3,787 4,473 4,003 216 -470 Cash and deposits 3,354 3,821 3,303 -51 -518 (1) Decrease from payment of taxes
Slide 13: Operating results (BS): Debt and Shareholders' equity
Operating results (BS): Debt and Shareholders’ equity (¥ million) As of As of Change from Change from As of March September September September 30, March 31, 31, 2005 30, 2004 30, 2005 2004 2005 Total liabilities 7,354 8,226 7,807 452 -418 (1) Interest-bearing debt reduced by ¥977 million since Marc
Slide 14: Operating results (CF): Cash flow
Operating results (CF): Cash flow (¥ million) Interim period Interim period ended September FY 2005 ended September 2005 2006 Cash flow from operating activites (1) 1,371 4,737 1,794 Income before income taxes 1,375 3,499 2,471 Depreciation and amortization 218 549 328 Income taxes paid -488 -817 -1
Slide 15: Fiscal Year ending March 31, 2006
Fiscal Year ending March 31, 2006
Slide 16: Income forecast for FY ending March 31, 2006
FY March Income forecast for FY ending March 31, 2006 2006 Net sales ¥32,868 million (FY ended March 2005: ¥21,830 million + 50.6%) Ordinary Income ¥5,150 million (FY ended March 2005: ¥3,501 million + 47.1%) Net Income ¥3,013 million (FY ended March 2005: ¥2,049 million + 47.0%) Added 21 Halls (13
Slide 17: Planned venues: 13 venues/21 halls scheduled to open
Planned venues FY March 13 Venues/21 halls scheduled to open 2006 9 Venues and 13 Halls have opened. Contracts for all venues have been completed. Open Venue Name Venue Type April 2005 Arthentia Taishikan (Osaka) 1 Hall May 2005 Bayside Geihinkan (Kagoshima 2 Hall June 2005 Kitayama Geihinkan (Kyoto
Slide 18: Status of orders
Status of orders FY March 96% of orders planned for this term have been 2006 secured As of November 6, 2005 96% 90% Bookings as of November 6, 2005/no. of weddings planned for FY Bookings as of November 7, 2004/no. of weddings planned for 2006. FY 2005. 14
Slide 19: T&G Corporate Strategy
T&G Corporate Strategy
Slide 20: Opportunities in the wedding-related market
The wedding related market is a specialized market Market characterized by short-term concentrated Opportunities in the wedding-related market purchasing on a very large scale 1. Market Scale The wedding ceremony market alone is ¥2 trillion. Wedding related market ¥10 trillion ¥10 trillion Wedding c
Slide 21: Wedding ceremony business expansion strategy
Wedding ceremony business expansion strategy T&G Aiming for a 5% market share FUTURE STRATEGY Aiming to acquire 5% of a ¥2 trillion market with these 3 businesses % House wedding business 2.5 % March FY 2007 83 halls in T&G’s domestic house wedding business March FY 2008 83 fully operational halls.
Slide 22: Wedding-related business expansion strategy
Wedding-related business expansion strategy: T&G Start with the creation of comprehensive site STRATEGY Created a comprehensive internet portal site Activities undertaken 1 Wedding portal site business WEDDING July 2005: Established a 100% owned lifestyle PORTAL business SITE 2 Wedding financing bus
Slide 23: Overview of portal site
Overview of Portal site T&G Provide a large amount of fresh information on marriage FUTURE preparations and place emphasis on creating a community STRATEGY Contents A ‘fresh voice’ regarding marriage preparations and a wide ranging product line-up Contents that emphasize a large community with a wid
Slide 24: Overview of portal site: enhancing content
Overview of portal site Launched September 1, 2005 T&G STRATEGY Enhancing content is our top priority Updating and enhancing Consulting until the wedding day Wedding planners answer wedding related inquiries Wedding blog Wedding preparations, wedding planner, a variety of blogs The worlds most wonde
Slide 25: Overview of financing business
Overview of financing business T&G Wedding-related financing FUTURE Targeting a wide customer base with high demand STRATEGY Demand 70% of customers are interested in installment payments Based on a T&G survey, 70% of T&G customers would be interested in wedding financing Currently, there is a lack
Slide 26: Overview of financing business: Life Angel
Overview of financing business T&G Began operations October 15, 2005 FUTURE STRATEGY Life Angel Co., Ltd. specializing in installment payment service A maximum of 60 installments for wedding expenses. Bonus payments options also available. The longest installment payment term in the market excluding
Slide 27: Building on our wedding business to become a lifestyle company
Building on our wedding business T&G to become a lifestyle company FUTURE STRATEGY WEDDING WEDDING WEDDING LIFE House weddings Overseas weddings Associated Lifestyle-related Management business opportunities business 22
Slide 28: Take and Give. Needs
TAKE AND GIVE. NEEDS 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 an
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