France Bed Holdings Co., Ltd. · TSE:7840

France Bed — FY2022 Earnings Presentation

40 slides from France Bed's earnings presentation, May 26, 2022

Slide 1: Financial Results Briefing for the Fiscal Year Ended March 31, 2022
Financial Results Briefing for the Fiscal Year Ended March 31, 2022 May 26, 2022 FRANCE BED HOLDINGS CO., LTD. https://www.francebed-hd.co.jp/ Securities Code: 7840 FRANCEBED HOLDINGS Co., Ltd. All rights reserved.
Slide 4: FY2022 Consolidated Business Performance
1. FY2022 Consolidated Business Performance ● Increased sales and profit FY2022 FY2021 Plan achievement Year-on-year (Million yen) Plan (Note) Results rate change (%) Net sales 52,430 54,000 54,398 100.7％ 3.7% Cost of sales 25,392 - 25,398 - － Cost of sales ratio 48.4% - 46.6% - (1.7Ｐ) Gross profit
Slide 5: FY2022 Results by Segment
2. FY2022 Results by Segment ● Increased sales and decreased profit in the Medical Services Business; increased sales and profit in the Home Furnishings and Health Business FY2022 FY2021 Plan Year-on-year (Million yen) Plan Results achievement rate change (%) Net sales 32,839 34,200 34,484 100.8% 5.
Slide 6: FY2022 Summary of the Medical Services Business
3. FY2022 Summary of the Medical Services Business FY2021 FY2022 Year-on-year Composition Composition Change (Million yen) Results Results Change (%) ratio ratio (amount) Consolidated net sales 32,839 - 34,484 - 1,645 5.0% FRANCE BED CO., LTD. 31,846 96.1% 32,505 93.3% 658 2.0% Nursing care-related
Slide 7: Factors behind Changes in Ordinary Profit in the Medical Services Business
4. Factors behind Changes in Ordinary Profit in the Medical Services Ⅰ ・ FY2016 Summary of Financial Results Business Increase in profit Increase in profit Decrease in profit Decrease in profit associated with associated with associated with increase in selling, related to change in (Million yen) in
Slide 8: FY2022 Summary of the Home Furnishings and Health Business
5. FY2022 Summary of the Home Furnishings and Health Business FY2021 FY2022 Year-on-year Composition Composition (Million yen) Results Results Change (amount) Change (%) ratio ratio Consolidated net 19,186 100% 19,419 100% 232 1.2% sales Consolidated ordinary 511 2.6% 1,117 5.7% 606 118.6% profit Sa
Slide 9: Factors behind Changes in Ordinary Profit in the Home Furnishing and Health Business
6. Factors behind Changes in Ordinary Profit in the Home Furnishing Ⅰ Health and ・ FY2016 Summary of Financial Results Business Increase in profit Increase in profit Decrease in profit Increase in profit associated with associated with associated with decrease in selling, related to change in (Milli
Slide 10: FY2022 Consolidated Balance Sheet
7. FY2022 Consolidated Balance Sheet End of FY2021 End of FY2022 Compared to the end (Million yen) (As of March 31, 2021) (As of March 31, 2022) of FY2021 Current assets 32,055 31,159 (895) Non-current assets 30,135 33,128 2,993 Deferred assets 27 10 (17) Total assets 62,217 64,298 2,080 Current lia
Slide 11: FY2022 Status of Cash Flows
8. FY2022 Status of Cash Flows Cash and cash Net increase Cash and cash (Million yen) Cash flows from Cash flows from Cash flows from equivalents at (decrease) in cash equivalents at end operating activities investing activities financing activities beginning of and cash of period period equivalents
Slide 13: Assumptions behind Business Performance Forecasts
1. Assumptions behind Business Performance Forecasts (Environmental awareness and issues in core business) Business Business environment Issues and initiatives Medical Services (External environment) Business ・ Continued increase in number of elderly people ・ Expansion in the number of personnel and
Slide 14: FY2023 Consolidated Business Performance Forecast
2. FY2023 Consolidated Business Performance Forecast ■ Consolidated income plan Year-on-year Year-on-year FY2022 Results FY2023 Plan change change (%) (amount) (Million yen) Net sales 54,398 57,500 3,102 5.7% Operating profit 3,918 4,200 282 7.1% Profit margin 7.2% 7.3% - 0.1P Ordinary profit 3,959
Slide 15: FY2023 Business Performance Forecast by Segment
3. FY2023 Business Performance Forecast by Segment ■ Income plan by segment Year-on-year Year-on-year (Million yen) FY2022 Results FY2023 Plan change change (%) (amount) Net sales 34,484 37,500 3,016 8.7% Medical Services Business Ordinary profit 2,882 3,030 148 5.1% Profit margin 8.3% 8.0% - - Net
Slide 16: Outlook and Main Initiatives in the Medical Services Business
4. Outlook and Main Initiatives in the Medical Services Business Net sales 37,500 (Million yen) [FY2023 Full-year plan] 34,484 Net sales: 37,500 million yen (+3,016 million yen, +8.7% YoY) +3,016 million yen Ordinary profit: 3,030 million yen (+8.7%) (+148 million yen, +5.1% YoY) Major initiatives F
Slide 17: Outlook and Main Initiatives in the Home Furnishings and Health Business
5. Outlook and Main Initiatives in the Home Furnishings and Health Business Net sales (Million yen) [FY2023 Full-year plan] 19,800 Net sales: 19,800 million yen 19,419 (+381 million yen, +1.9% YoY) Ordinary profit: 1,180 million yen +381 million yen (+63 million yen, +5.6% YoY) (+1.9%) Major initiat
Slide 18: Capital Investments
6. Capital Investments FY2021 FY2022 FY2023 (Million yen) Full-year Results Full-year Results Full-year Plan Rental assets 4,288 4,554 4,553 Equipment for Capital investment amount manufacturing and 343 318 516 distribution Service centers 1,611 1,386 105 Acquistion of software 161 180 229 Other 365
Slide 19: Dividends
7. Dividends ■ Changes in dividends per share and payout ratio Consolidated payout ratio (%) (Planned) (Forecast) 80 42.4 50.1 47.5 45.3 60 71.6 40 20 Dividends per share (Yen) 33.0 Annual Commemorative dividend Year-end Interim (Forecast) FB 70th anniversary Year-end commemorative dividend 3.0 18.0
Slide 20: Changes in Consolidated Business Performance
8. Changes in Consolidated Business Performance ■ Changes in consolidated business performance for most recent five years FY2023 FY2019 FY2020 FY2021 FY2022 (Forecast) (Million yen) Net sales 25,296 26,329 24,398 25,978 Interim - Ordinary profit 1,156 1,083 1,480 1,901 Profit margin 4.5% 4.1% 6.0% 7
Slide 22: Expansion of Welfare Equipment Rental Business
1. Medical Services Business Expansion of Welfare Equipment Rental Business Share ◆ Expansion of welfare equipment rental sales bases (consolidated subsidiaries overall) ・ Further strengthening of the silver business (concentrating management resources on our core competency) 102 sales offices 113 s
Slide 23: Enhancement of infrastructure to support business expansion
1. Medical Services Business Enhancement of infrastructure to support business expansion New construction/relocation plan for core maintenance centers Medicarent Tokyo (Kodaira City, Tokyo) (Relocation and construction in May 2022) Osaka Service Center (tentative name) (Scheduled to start operation
Slide 24: Initiatives to Reduce the Number of Discarded Rental Items
1. Medical Services Business Initiatives to Reduce the Number of Discarded Rental Items Medical Services Business Steadily grow business performance in welfare equipment rental business 40,00 0 Net sales Segment profit While business performance grows, over 100,000 rental items are discarded every y
Slide 25: Strengthening of Corporate Rental for Hospitals and Facilities for the Elderly
1. Medical Services Business Strengthening of “Corporate Rental” for Hospitals and Facilities for the Elderly Proposal of products that help reduce labor, at rental prices that support introduction Support for getting out of bed Promotion of self-reliance Reduction of assistance burden Prevention of
Slide 26: Development of Products that Meet Prevailing Needs
2. Home Furnishings and Health Business Development of Products that Meet Prevailing Needs Proposing richness beyond sleep comfort, for everyone Looper Move GRANMAX- Premium FRANCEBED HOLDINGS Co., Ltd. All rights reserved. 26
Slide 27: Initiatives for New Added Value with Consideration of the Environment
2. Home Furnishings and Health Business Initiatives for the Creation of New Added Value with Consideration of the Environment Promote recycling through a structure that eases dismantling of mattresses Number of local governments that do Environmentally friendly not collect or accept mattresses: matt
Slide 28: Environmentally friendly bed frames
2. Home Furnishings and Health Business Initiatives for the Creation of New Added Value with Consideration of the Environment Contributing to the creation of a sustainable society with bed frames that, following mattresses, do not place a burden on the environment Environmentally friendly bed frame
Slide 29: Creation of a System Unaffected by Retailer Trends
2. Home Furnishings and Health Business Creation of a System Unaffected by Retailer Trends <The Group’s exhibition venues>  Displays in major ordinance- designated cities and core cities have 32 venues (March 2022 results)  been completed Displays will be considered for favorable properties <FRANC
Slide 30: Addressing the Expanding E-commerce Market
2. Home Furnishings and Health Business Addressing the Expanding E-commerce Market ◆ Addressing changes in consumer purchasing behavior [E-commerce net sales: Rate of growth from previous year] Construction of a logistics 117.9% collaboration system with Internet 96.1% mail order company 113.2% 105.
Slide 33: Summary of the Company (Pure Holding Company)
Summary of the Company (Pure Holding Company) Summary of FRANCE BED HOLDINGS CO., LTD. Trade Name FRANCE BED HOLDINGS CO., LTD. Location 6th Floor, Shinjuku Square Tower, 6-22-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo Established March 30, 2004 Capital 3.0 billion yen Representative Shigeru Ikeda, Repres
Slide 34: Status of Group Companies
Status of Group Companies (As of March 31, 2022) FRANCE BED HOLDINGS CO., LTD. (76.1%) JIANGSU FRANCE BED CO., LTD. FRANCE BED CO., LTD. (Chinese subsidiary) HOMECARE FRANCE BED FRANCE BED FRANCE BED TOKYO BED TSUBASA KASHIDASU SERVICE MEDICAL FURNITURE CO., SALES CO., LTD. CO., LTD. CO., LTD. Co.,
Slide 35: Distribution Structure for Welfare Equipment Rental Business
Distribution Structure for Welfare Equipment Rental Business, and the Company's Business Domains <The Company's business domains> Welfare equipment and nursing care products manufacturers ・ FRANCE BED CO., LTD., other companies (Sale) (Sale) Welfare equipment rental business Rental wholesalers opera
Slide 36: Welfare Equipment Rental Service
Welfare Equipment Rental Service This is a rental service of welfare equipment that aids in daily life and nursing care. The service can be used with self-pay equivalent of 10% (Note) of welfare equipment rental costs. ● Flow of the welfare equipment rental service 4. Product rental Confirmation of
Slide 37: FY2022 Summary of Financial Results by Segment
FY2022 Summary of Financial Results by Segment Net sales and composition ratio by segment FY2022 Medical Services Business 34,484 million yen (composition ratio 63.3%) Consolidated net sales Home Furnishings and Health Business 19,419 million yen 54,398 (composition ratio 35.6%) million yen Other 49
Slide 38: Changes in Business Performance
Changes in Business Performance Net sales (Million yen) Consolidated business performance Profit (Million yen) 60,000 57,500 6,000 54,398 52,410 51,764 52,430 52,430 50,000 5,000 3,959 4,180 40,000 4,000 3,451 30,000 2,606 2,599 2,650 3,000 Net sales 2,436 2,557 2,295 20,000 2,361 2,000 Ordinary pro
Slide 39: Changes in Long-Term Care Benefit Expenditures for Welfare Equipment Rental
Changes in Long-Term Care Benefit Expenditures, etc. for Welfare Equipment Rental Service Benefit expenditures Benefit expenditures Benefit expenditures/year-on-year change Year-on-year (Unit: 100,000) Change in benefit expenditures by item (Unit: 100,000) 400,000 Units (Total) 120.0% 120,000 350,00
Slide 40: Postscript
Postscript (Inquiries) Administrative Planning Department Email: ir@francebed-hd.co.jp Notes on the Future Outlook This presentation contains forward-looking statements, including forecasts, beliefs, expectations, intentions, and strategies of the Company. These are grounded in judgments and assumpt

France Bed Holdings — FY2022 Earnings Presentation on 6ix

France Bed — FY2022 Earnings Presentation

Slide 1: Financial Results Briefing for the Fiscal Year Ended March 31, 2022

Slide 2: Content

Slide 3: FY2022 Business Performance Report

Slide 4: FY2022 Consolidated Business Performance

Slide 5: FY2022 Results by Segment

Slide 6: FY2022 Summary of the Medical Services Business

Slide 7: Factors behind Changes in Ordinary Profit in the Medical Services Business

Slide 8: FY2022 Summary of the Home Furnishings and Health Business

Slide 9: Factors behind Changes in Ordinary Profit in the Home Furnishing and Health Business

Slide 10: FY2022 Consolidated Balance Sheet

Slide 11: FY2022 Status of Cash Flows

Slide 12: FY2023 Business Performance Outlook

Slide 13: Assumptions behind Business Performance Forecasts

Slide 14: FY2023 Consolidated Business Performance Forecast

Slide 15: FY2023 Business Performance Forecast by Segment

Slide 16: Outlook and Main Initiatives in the Medical Services Business

Slide 17: Outlook and Main Initiatives in the Home Furnishings and Health Business

Slide 18: Capital Investments

Slide 19: Dividends

Slide 20: Changes in Consolidated Business Performance

Slide 21: Major Future Initiatives

Slide 22: Expansion of Welfare Equipment Rental Business

Slide 23: Enhancement of infrastructure to support business expansion

Slide 24: Initiatives to Reduce the Number of Discarded Rental Items

Slide 25: Strengthening of Corporate Rental for Hospitals and Facilities for the Elderly

Slide 26: Development of Products that Meet Prevailing Needs

Slide 27: Initiatives for New Added Value with Consideration of the Environment

Slide 28: Environmentally friendly bed frames

Slide 29: Creation of a System Unaffected by Retailer Trends

Slide 30: Addressing the Expanding E-commerce Market

Slide 31: Q&A

Slide 32: Reference Materials

Slide 33: Summary of the Company (Pure Holding Company)

Slide 34: Status of Group Companies

Slide 35: Distribution Structure for Welfare Equipment Rental Business

Slide 36: Welfare Equipment Rental Service

Slide 37: FY2022 Summary of Financial Results by Segment

Slide 38: Changes in Business Performance

Slide 39: Changes in Long-Term Care Benefit Expenditures for Welfare Equipment Rental

Slide 40: Postscript