Autobacs Seven Co., Ltd. · TSE:9832
Autobacs Seven — Q1 FY March 2022 Earnings Presentation
29 slides from Autobacs Seven's earnings presentation, Jul 31, 2021
Slide 1: Results for the Three Months ended June 30, 2021
Results for the Three Months ended June 30, 2021 July 31, 2021 AUTOBACS SEVEN CO., LTD.
Slide 2: Table of Contents
Table of Contents Results of the First Three Months of FY March 31, 2022 1. Overview of Business Results P.2 2. Domestic AUTOBACS Business P.6 3. Overseas Business P.8 4. Car dealership ,BtoB and P.9 Online Alliance Business TOPICS 5. TOPICS (Five-Year Rolling Plan, P.10 SDGs) 6. Other Documents P.2
Slide 3: 1Q FY March 2022 Consolidated P/L
Overview of Business Results 1Q FY March 2022 Consolidated P/L Increases in sales and income: Income increased significantly, reflecting the recovery trend, despite the impact of COVID-19. Businesses that were seriously affected by the COVID-19 pandemic in the same period of the previous year contin
Slide 4: Highest income in the past five years
Overview of Business Results 1Q FY March 2022 Consolidated P/L Five Years Transition Highest income in the past five years （Billion Yen） Sales （Billion Yen） Operating income 54.0 1.6 1.4 52.0 1.2 50.0 1.0 48.0 0.8 1.5 46.0 52.2 50.1 50.5 0.6 1.2 49.0 44.0 0.4 45.0 42.0 0.5 0.2 0.4 0.2 0 40.0 0.0 1Q
Slide 5: Sales and Profits of Reporting Segments
Overview of Business Results Sales and Profits of Reporting Segments Sales Profits （Million Yen） （Million Yen） 45,000 5,000 39,939 40,000 4,000 3,757 1Q FY2021 36,083 35,000 1Q FY2022 3,000 2,443 30,000 2,000 25,000 1,000 20,000 0 15,000 11,760 -157 -147 -174-45 -60 -212 8,744 -1,000 10,000 -2,000 -
Slide 6: Segment Information
Overview of Business Results Segment Information *For reference purposes only 1Q FY March (Million Yen) 1Q FY March 2022 YoY* Summary 2021 Sales 39,939 36,083 +10.7% The business, which was affected significantly by the COVID-19 pandemic in Domestic Gross profit 13,512 12,088 +11.8% 1Q of the previo
Slide 7: Retail Sales in Total AUTOBACS Group Stores
Domestic AUTOBACS Business Retail Sales in Total AUTOBACS Group Stores RETAIL SALES INCLUDING FCs: 60.6 billion yen (+9.4% YoY) Result YoY (Billion Yen) 55.4 60.6 70 Second hand 1.0BY +20.2% 1.0 goods & Fuel 60 0.8 5.0 5.0BY +9.9% 4.5 6.7 Statutory safety 50 4.8 inspection 158,000 +10.0% Cars 40 Num
Slide 8: Sales Variance by Merchandise
Domestic AUTOBACS Business Sales Variance by Merchandise Sales* changes by merchandise category(YoY change in amount; total store basis) (Million Yen） 1,200 Navigation devices:+0.60BY 993 Dashcams:+0.38BY 1,000 857 Electronic devices installation services: +0.33BY 800 Tire & wheel installation servi
Slide 9: Performance by Overseas Subsidiaries
Overseas Business Performance by Overseas Subsidiaries （Million Yen） France Singapore China Malaysia Australia Thailand Number of stores 10 2 0 4 0 20 22/3 21/3 22/3 21/3 22/3 21/3 22/3 21/3 22/3 21/3 22/3 21/3 Period 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q Net sales 1,544 1,097 333 301 180 168 9 5 484
Slide 10: Car Dealership, BtoB and Online Alliance Business Overview
Car Dealership, BtoB and Online Alliance Business 1Q FY March 2021 Overview of Business Results Car Dealership Business ✓ Acquired all shares of TA Import Co., Ltd., a company that operates authorized Audi dealers, in April 2021. (Development of its third brand following BMW and MINI） ✓ Sales, which
Slide 11: Five-Year Rolling Plan: Seven Businesses, Five Infrastructures, Six Networks
TOPICS Five-Year Rolling Plan Promote the expansion of contact points with customers through the establishment and coordination among networks “Seven Businesses” “ Five Infrastructures” “Six Networks” 10
Slide 12: Comprehensive Business Alliance Agreement with BS-summit
TOPICS A Comprehensive Business Alliance Agreement Was Concluded With the BS-summit* Business Cooperative (August 20, 2020) Next-Generation Service Pit Efforts to create networks Maintenance Network Network • About 600 AUTOBACS stores + 380 BS-summit companies Local Network • One-stop car maintenanc
Slide 13: Opened a new ADAS Calibration Center in Kumamoto 1
TOPICS Opened a new ADAS Calibration Center in Kumamoto (Sharing facility for vehicle specific maintenance work)1 -Sharing of distant workplaces and facilities defined by the Ministry of Land, July 7, 2021 Infrastructure, Transport and Tourism- Efforts to create networks Next-Generation Maintenance
Slide 14: Opened a new ADAS Calibration Center in Kumamoto 2
TOPICS Opened a new ADAS Calibration Center in Kumamoto (Sharing facility for vehicle specific maintenance work) 2 -Sharing of distant workplaces and facilities defined by the Ministry of Land, July 7, 2021 Infrastructure, Transport and Tourism- • Provided an explanation about collaboration and comm
Slide 15: Acquire All Shares in TA Import Co., Ltd. (Audi dealers)
TOPICS Acquire All Shares in TA Import Co., Ltd. That Operates Authorized Dealers of Audi (April 1, 2021) Multi-Dealer Efforts to create networks Network • Promoting the creation of contact points with premium car users of imported cars, etc. as part of our efforts to build the multi- dealer network
Slide 16: Acquired All Shares in Joyful Shaken & Tire Center Co., Ltd.
TOPICS Acquired All Shares in Joyful Shaken & Tire Center Co., Ltd., a Nonconsolidated Subsidiary of Joyful Honda Co., Ltd. (April 1, 2021) Next-Generation Maintenance Service Pit Efforts to create networks Network Network Automotive related Goods Sales Network • Operates statutory safety inspection
Slide 17: Formed a Business Alliance With Nissan
TOPICS Formed a Business Alliance With Nissan (April 20, 2021) Automotive Efforts to create networks related Goods Sales Network • Formed a business alliance with Nissan crossing the boundaries between industries to improve customer convenience and create a richer car life culture. • Planning to sup
Slide 18: KURUMA NO EN Flea Market App for Used Cars
TOPICS CtoC: The KURUMA NO EN Service, a Flea Market App That Facilitate the Purchase and Sale of Used Cars. （April 12, 2021） Efforts to create networks Online Network • Launched the “KURUMA NO EN” service, a flea market app that allows individuals to buy and sell used cars, thereby offering a safe
Slide 19: Promotion of ESG and SDGs 1
TOPICS Promotion of ESG and SDGs 1 –Past Initiatives- Aware of national and Formulate CSR international standards policy and initiatives Contribution to mobile Established Obtained ISO14001 Internal Create an integrated culture environmental policy Strengthening penetration of report Appropriate res
Slide 20: Promotion of ESG and SDGs 2
TOPICS Promotion of ESG and SDGs 2 -Current and Future Initiatives- Launched a project led by Chief Executive Officer (January 2021) Importance to stakeholders Present Recognizing social issues (Social) Materiality Reexamination of materiality Redefining the value creation story Importance to the co
Slide 21: Promotion of ESG and SDGs 3
TOPICS Promotion of ESG and SDGs 3 Our ideal Professional & Friendly 1 ３ Creation of businesses that solve social issues Growing organizations and Develop new businesses that contribute human resources to SDGs/open innovation/deal with EV etc. 2 Develop next- generation human Enhancing efforts that
Slide 22: Acquisition and Cancellation of Own Shares
TOPICS Acquisition and Cancellation of Own Shares Acquisition of own shares Aggregate number Type of shares to be Aggregate purchase Acquisition period of shares to be acquired price of shares acquired From May 11, to Shares of common Up to Up to September 30, 2021 stock of the Company 2,000,000 sha
Slide 23: Application of Accounting Standard for Revenue Recognition
Other Documents (Reference: Application of Accounting Standard for Revenue Recognition, etc.) Starting from the beginning of the first quarter of the fiscal year ending March 31, 2022, the Group adopted the Accounting Standard for Revenue Recognition, etc. Sales with return rights The amounts of imp
Slide 24: Automobile Purchase and Sales Business
Other Documents Automobile Purchase and Sales Business Total 6,934cars, YoY +23.0% BtoB Sales Retail Details No. of cars sold Details No. of cars sold To AUTOBACS 131 Used cars 1,697 SEVEN Sales to AA via AUTOBACS 1,035 New cars 910 SEVEN Direct sales 3,161 from stores BtoB total 4,327 Retail total
Slide 25: YoY Change of Sales/Number of Purchasing Customers
Other Documents YoY Change of Sales/Number of Purchasing Customers [Same store basis (YoY)] Sales: +9.4%, Number of purchasing customers: +1.0% Same store sales and number of purchasing customers at domestic AUTOBACS-chain stores (YoY) 30% Sales 0% -30% 30% Number of Purchasing Customers 0% -30% Jul
Slide 26: Store Openings and Closings
Other Documents Store Openings and Closings FY March 2022 Domestic No. of 1Q (Result) No. of 2Q-4Q (Plan) No. of stores at stores at stores March 31, New S&B Close Jun 30, New S&B Close stores at March 31, 2021 R/L 2021 R/L 2022 AUTOBACS 490 +1 +1/-1 491 +2 +2/-2 493 Super AUTOBACS 74 74 74 AUTOBACS
Slide 27: Balance Sheet: Assets
Other Documents Balance Sheet: Assets 175.9BY 180.5BY 209.8BY 187.9BY 179.7BY （Billion yen） 35.8 Cash and deposits 38.9 30.6 Trade notes 28.7 34.9 and accounts 38.9 receivable 28.3 24.5 23.5 23.4 Merchandise 20.6 Accounts 18.3 20.3 20.2 20.1 receivable 29 21.9 15.1 Other 14.5 16.3 current assets 9.7
Slide 28: Balance Sheets: Liabilities and Equity
Other Documents Balance Sheets: Liabilities and Equity 175.9BY 180.5BY 209.8BY 187.9BY 179.7BY （Billion yen） Accounts 32.9 payable - other 13.8 Short-term 15.3 5.6 5.8 13.9 borrowings 13.1 6.4 19.8 1.6 6.3 15.1 11.7 Accounts 12.2 11.9 9.5 11.7 payables 8.4 11.8 8.5 1.7 2.7 2.5 2.9 Other short-term 2
Slide 29: Forward-Looking Statements
Forward-Looking Statements These materials include forecasts regarding the Company’s future plans, strategies, and performance. This information is based on judgments and forecasts made in accordance with information currently available. Actual results may differ materially from forecasts due to suc
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