Ain Holdings Inc. · TSE:9627
Ain — Q1 FY4/20 Earnings Presentation
21 slides from Ain's earnings presentation, September 2019
Slide 1: FY4/20 1Q IR Presentation
FY4/20 1Q IR PRESENTATION September 2019
Slide 2: Results Overview
Results Overview © 2019 AIN HOLDINGS INC. All Rights Reserved. 1
Slide 3: Consolidated P/L
Consolidated P/L Net sales increased 11.5% year on year and 1.9% against the plan due to the steadily growth of stores that opened in the previous fiscal year and existing stores. Ordinary income up 16.7% year on year reflecting an increase in net sales, and 4.8% against the plan due to reduced cost
Slide 4: Dispensing Pharmacy Business (Consolidated)
Dispensing Pharmacy Business (Consolidated) Net sales increased 13.5% year on year and 3.1% against the plan due to the full contribution of stores opened in the previous fiscal year and increasing of average prescription price. Segment income up 20.6% year on year with increasing of net sales, and
Slide 5: Cosmetic and Drug Store Business (Consolidated)
Cosmetic and Drug Store Business (Consolidated) Net sales increased 0.8% year on year and decreased 6.3% against the plan in spite of the contribution of new opening stores and stores opened in last year. Segment income decreased 36.8% year on year due to the cost in advance for new opening stores,
Slide 6: Consolidated B/S
Consolidated B/S Net cash was ¥30,077million and shareholders’ equity ratio became 55.8%. We are maintaining a sound financial structure. (¥ million) (¥ million) End-FY4/19 End-FY4/20 1Q Assets Liabilities Assets Liabilities Current assets 85,446 Current liabilities 73,744 Current assets 83,311 Curr
Slide 7: Assets
Assets The balance of total assets decreased ¥2,478 million from the end of the previous fiscal year. Mainly reflected an increase in accounts receivable and inventories against decreases in cash on hand and in banks and goodwill. (¥ million) End-FY4/19 1Q End-FY4/19 End-FY4/20 1Q Change Cash on han
Slide 8: Liabilities and Net Assets
Liabilities and Net Assets The balance of liabilities decreased ¥2,710 million from the end of the previous fiscal year due to the repayment of debts etc. (¥ million) End-FY4/19 1Q End-FY4/19 End-FY4/20 1Q Change Accounts payable 41,646 44,794 46,194 +1,400 Short-term debt 7,486 5,571 5,045 (526) Le
Slide 9: FY4/20 Plan (Consolidated)
FY4/20 Plan (Consolidated) The group forecasts net sales for the fiscal year ending April 30, 2020 of 300,330 million, increase 9.0% year on year and ordinary income increase 15.4% year on year by open new stores (100 dispensing pharmacies and 15 cosmetic and drug stores). FY4/18 FY4/19 FY4/20 YoY Y
Slide 10: 1Q Review
1Q Review © 2019 AIN HOLDINGS INC. All Rights Reserved. 9
Slide 11: Review (YoY)
Review（YoY） Net sales increased due to the expanding of existing dispensing pharmacies. Ordinary income increased 16.7% year on year, reflecting the increasing of net sales. Net sales Ordinary income Stores opened ¥72.4 billion in last FY +¥7.3billion ¥65.0 billion Existing ¥4.2 billion stores +¥1.1
Slide 12: Review (Vs plan)
Review（Vs plan） Net sales achieved the plan due to expanding of existing stores in the dispensing pharmacy business. Ordinary income also achieved the plan due to sales increase and reduced costs in head office expense. Net sales Ordinary income ¥71.1 billion ¥72.4 billion Existing ¥4.0 billion ¥4.2
Slide 13: Opening
Top-line We plan to open 115 and close 35 stores, resulting in a total of 1,266 stores at the end of the FY4/20. ■ Total number of stores 1,175(Dispensing pharmacy:1,120、Cosmetic and drug store:55) FY4/20 1Q FY4/20 ■ Plan Hokkaido Plan Results Plan 121 Dispensing 5 5 100 Pharmacy Opening Organic 3 3
Slide 14: Responsive to revision of 2018 premiums
Responsive to revision of 2018 Object: 960 existing stores Basic dispensing fee Community support system premiums 1(41pts) 2(25pts) 3-Ⅱ(15pts) S(10pts) No premiums Community support system premiums(35pts) 1,000 1,000 350 350 366 366 262 276 291 304 Stores Stores 6 6 7 7 500 500 591 591 573 573 6
Slide 15: FY4/20 Plan (Dispensing Pharmacy Business)
FY4/20 Plan (Dispensing Pharmacy Business) The group forecasts net sales for the fiscal year ending April 30, 2020 of 266,850 million, up 8.9% year on year, Segment income of 22,320 million up 21.8% by open 100 new stores including M&A and close 30 stores. FY4/18 FY4/19 FY4/20 YoY YoY （¥ million） re
Slide 16: Expansion of ainz & tulpe①
Expansion of ainz & tulpe① In this period, even though the decline in net sales of existing stores had an impact, gross profit margin increased due to the strengthen merchandise lineups and overhaul of procurement activities. The group will continue to increase profits by opening new stores and cost
Slide 17: Expansion of ainz & tulpe②
Expansion of ainz & tulpe② The plan for new store opening is all on schedule. We plan to continue opening stores in urban retail facilities where has great abilities at attracting customers. Sapporo Pole Town２ （Scheduled to open in September） OMIYA ARCHE image ASAKUSA ROX （Opened in June） Kashiwa Mo
Slide 18: FY4/20 Plan (Cosmetic and Drug Store Business)
FY4/20 Plan (Cosmetic and Drug Store Business) The group forecasts net sales for the fiscal year ending April 30, 2020 of 28,500 million, increase 13.1% year on year and Segment income of 1,300 million, increase 33.7% year on year by open 15 new stores and close 5 stores. FY4/18 FY4/19 FY4/20 YoY Yo
Slide 19: FY4/20 Plan (Consolidated)
FY4/20 Plan (Consolidated) The group forecasts net sales for the fiscal year ending April 30, 2020 of 300,330 million, increase 9.0% year on year and ordinary income increase 15.4% year on year by open new stores (100 dispensing pharmacies and 15 Cosmetic and drug stores). FY4/18 FY4/19 FY4/20 YoY Y
Slide 20: AIN HOLDINGS INC. Corporate Planning Division
Inquiries related to this presentation should be addressed to AIN HOLDINGS INC. Corporate Planning Division TEL(81)11-814-0010 FAX(81)11-814-5550 https://www.ainj.co.jp/ This document may not be reproduced or distributed to any third party without prior approval of AIN HOLDINGS INC. This document ha
Slide 21: AIN GROUP
AIN GROUP