Pan Pacific International Holdings Corporation · TSE:7532
Pan Pacific International — Don Quijote Holdings — FY2017 Earnings Presentation
14 slides from Pan Pacific International's earnings presentation, Aug 15, 2017
Slide 1: Results for FY 2017
Don Quijote Holdings. Co., Ltd. Results for FY 2017 Earnings Results July 1, 2016 - June 30, 2017 August 15, 2017 0
Slide 2: Earnings summary
Earnings summary Consolidated 12 months to Jun. 2017 12 months to Jun. 2016 (Millions of yen) Actual Share YoY Actual Share Net sales 828,798 100.0% 109.1% 759,592 100.0% Gross profit 218,580 26.4% 108.3% 201,893 26.6% SGA 172,395 20.8% 108.6% 158,708 20.9% Operating profit 46,185 5.6% 106.9% 43,185
Slide 3: Same-store sales
Same-store sales 115% = Customer traffic = All stores = Customer spending = Existing stores 110% 105% 100% 95% 90% 2014 2015 2015 2016 2016 2017 Dec. Jun. Dec. Jun. Dec. Jun. Existing stores 2016 July. Aug. Sep. Oct. Nov. Dec. 2017 Jan. Feb. Mar. Apr. May. June. July. Sales 103.7% 99.6% 102.6% 102.2
Slide 4: Sales breakdown by product category
Sales breakdown by product category Consolidated 12 months to Jun. 2017 12 months to Jun. 2016 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 68,912 8.3% 113.0% 60,978 8.0% Miscellaneous household goods 183,505 22.1% 116.7% 157,288 20.7% Foods 274,553 33.1% 113.4% 242,215
Slide 5: The number of stores
The number of stores (Number of stores) FY2015 FY2016 FY2017 Don Quijote 183 194 198 MEGA 36 39 40 New MEGA 41 55 72 Others 32 39 44 Total stores in Japan 292 327 354 Overseas 14 14 14 Grand Total 306 341 368 Domestic opening 33 40 32 Domestic closure 10 5 5 Net increase 23 35 27 • 32 new stores wer
Slide 6: Key components in SG&A
Key components in SG&A Consolidated 12 months to Jun. 2017 12 months to Jun. 2016 (Millions of yen) Actual Share YoY Actual Share Net sales 828,798 100.0% 109.1% 759,592 100.0% Salary allowance 64,538 7.8% 108.9% 59,239 7.8% Rent 23,357 2.8% 112.1% 20,838 2.7% Commission paid 19,524 2.4% 106.6% 18,3
Slide 7: Sales and profit by business
Sales and profit by business Sales, profit and loss by segment from Jul. 1, 2016, to Jun. 30, 2017 （Millions of yen） Consolidated Retail store Rent income Others Total Adjusted amount Consolidated Sales to external customers 801,802 20,559 6,437 828,798 - 828,798 Internal sales or transfers 487 20,0
Slide 8: Sales, profit and asset by subsidiaries
Sales, profit and asset by subsidiaries Sales, profit and asset by subsidiaries from Jul. 1, 2016, to Jun. 30, 2017 （Millions of yen） Consolidated Don Quijote 1) Doit Nagasakiya 2) Overseas 3) JAM 4) Accretive 5) Consolidated Net sales 596,419 16,708 165,700 36,636 18,109 1,698 828,798 Operating pro
Slide 9: Balance Sheet
Balance Sheet （Millions of yen） （Millions of yen） As of Jun. 30, Change from As of Jun. 30, Change from Consolidated Consolidated 2017 Jun. 30, 2016 2017 Jun. 30, 2016 Total current assets 227,585 31,608 Total current liabilities 164,825 16,830 Cash and deposits 76,340 33,446 Accounts payable 85,661
Slide 10: Cash flows and Capital expenditure
Cash flows and Capital expenditure Consolidated Cash Flows （Millions of yen） 12 months to Jun. 12 months to Jun. Change 2017 2016 Cash and equivalents at beginning of period 44,496 51,292 (6,796) Cash flows from operating activitiies 56,441 29,110 27,331 Cash flows from investing activities (40,593)
Slide 11: Earnings summary for Q4
Earnings summary for Q4 Consolidated 3 months to Jun. 2017 3 months to Jun. 2016 (Millions of yen) Actual Share YoY Actual Share Net sales 208,811 100.0% 109.9% 190,045 100.0% Gross profit 54,675 26.2% 109.9% 49,759 26.2% SGA 45,627 21.9% 109.9% 41,511 21.8% Operating profit 9,047 4.3% 109.7% 8,248
Slide 12: Sales breakdown by product category for Q4
Sales breakdown by product category for Q4 Consolidated 3 months to Jun. 2017 3 months to Jun. 2016 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 15,791 7.6% 110.3% 14,315 7.5% Miscellaneous household goods 50,128 24.0% 123.6% 40,559 21.3% Foods 71,160 34.1% 113.0% 62,96
Slide 13: Key components in SG&A for Q4
Key components in SG&A for Q4 Consolidated 3 months to Jun. 2017 3 months to Jun. 2016 (Millions of yen) Actual Share YoY Actual Share Net sales 208,811 100.0% 109.9% 190,045 100.0% Salary allowance 16,286 7.8% 107.3% 15,183 8.0% Rent 6,156 2.9% 113.5% 5,423 2.9% Commission paid 5,517 2.6% 111.3% 4,
Slide 14: Forecast for fiscal June 2018
Forecast for fiscal June 2018 Consolidated FY2018 Forecast FY2018 1H Forecast (Millions of yen) Plan Share YoY Plan Share YoY Net sales 880,000 100.0% 106.2% 445,000 100.0% 106.5% Gross profit 232,000 26.4% 106.1% 117,000 26.3% 105.7% SGA 184,000 20.9% 106.7% 90,000 20.2% 106.8% Operating profit 48,