Pan Pacific International Holdings Corporation · TSE:7532

Pan Pacific International — FY2022 Earnings Presentation

28 slides from Pan Pacific International's earnings presentation, Aug 12, 2022

  1. Slide 1: Results for FY 2022

    Results for FY 2022 August 12, 2022 Pan Pacific International Holdings Corporation

  2. Slide 2: Index

    INDEX Fiscal year ended June 30, 2022 １ Overview 2 Appendix 1

  3. Slide 3: Explanatory notes for these materials

    Explanatory notes for these materials 1. The actual values presented in these materials are rounded to the nearest full unit. 2. The following abbreviations are used in these materials: Pan Pacific International Holdings (7532) as “PPIH,” Don Quijote Co., Ltd. and its stores as “DQ,” UNY Co., Ltd. a

  4. Slide 4: Overview

    Fiscal year ended June 30, 2022 Overview 3

  5. Slide 5: Financial Results for the Year Ended June 30, 2022

    Financial Results for the Year Ended June 30, 2022 【Period：July 1, 2021～June 30, 2022】 (Unit: 100 Million yen) FY2021 FY2022 Forecast for FY2022 *1 *2 Amount Ratio Amount Ratio Change YoY Amount Ratio Progress (Adjusted) *1 Net sales 17,086 100.0% 18,313 100.0% +1,226 107.2% 18,700 100.0% 97.9% Gros

  6. Slide 6: Executive Summary

    Executive Summary 1. Consolidated Business Results • For the full year, PPIH achieved sales of 1,831.3 billion yen (+122.6 billion yen/+7.2% YoY) and operating income of 88.7 billion yen (+7.5 billion yen/+9.2% YoY), achieving its operating income target and 33rd consecutive year of growth in both s

  7. Slide 7: Cumulative Total Change in Financial Figures

    Cumulative Total Change in Financial Figures 【Period：July 1, 2021～June 30, 2022】 Sales by Business Operating Profit by Business <100 Million Yen> <100 Million Yen> 0 0 North FY2021 North Asia Others FY2022 FY2021 Asia America Others FY2022 America Operating profit ratio Breakdown Changes from Gross

  8. Slide 8: Discount Store Business

    Discount Store Business Recovered from the harsh external environment of Q1. Sales FY2022 Cumulative Change in Sales increased by 45.6 billion yen YoY and operating profit increased by 13.7 billion yen (+61.0%) YoY, achieving a significant increase in both <100 Million Yen> sales and profit.  Exist

  9. Slide 9: DS Business: Improve store attractiveness by strengthening PB/OEM and inventory turnover

    DS Business: Improve store attractiveness by strengthening PB/OEM and improving inventory turnover Improvement of gross profit margin Enhancing store attractiveness and differentiation by strengthening PB/OEM by improving inventory turnover through DX PB/OEM sales composition increased to 14.2% of t

  10. Slide 10: GMS Business

    GMS Business Despite a difficult Q1-Q2 period due to the external environment, FY2022 Cumulative Change in Sales the company recovered in the Q3 and Q4 by improving gross profit <100 Million Yen> margin. Full-year operating profit exceeded the initial target. Evolution to individual store management

  11. Slide 11: Discount Store Business: Progress on majica app

    Discount Store Business：Progress on majica app The number of registered members reached 9.87 million at the end of June (10 million in July). The app will be updated to enhance functionality and improve convenience, and will be used as a core tool for offering the "new CV+D+A". The number of majica

  12. Slide 12: Overseas Business

    Overseas Business FY2022 Cumulative Change in Sales Even during the pandemic, sales and profits continued to <100 Million Yen> increase owing to new store openings in Asia and improved gross profit margins driven by PPIC. ■Asia Business  The company opened 11 new stores in 6 countries and achieved

  13. Slide 13: Overseas Business: Expanding the Scale of Operations in Asia

    Overseas Business: Expanding the Scale of Operations in Asia Aggressive expansion of retail business in scale Creation of business opportunities （Store openings, existing stores） through ‘restaurant & retail’ format Even during the pandemic, 11 new stores were opened (including the first store in Ma

  14. Slide 14: Status of major assets, liabilities and net assets

    Status of major assets, liabilities and net assets (Unit: 100 Million yen) June 2021 June 2022 (Unit: 100 Million yen) Amount Amount Change June 2021 June 2022 （Adjusted）*2 *2 Amount Amount Change Current Assets 4,954 4,865 (89) （Adjusted） Cash and Total Current Deposits 1,575 1768 193 Liabilities 3

  15. Slide 15: Status of cash flows and capital expenditure

    Status of cash flows and capital expenditure ▶ Cash Flow Status (Unit: 100 Million yen) ＜Operating Cash Flows＞ June 2021 June 2022 ▶ Positive items: 92 billion yen in income before income tax, 38.2 billion yen in depreciation and amortization, and 15.5 billion yen in foreign Amount Amount Change exc

  16. Slide 16: Shareholder Returns

    Shareholder Returns Dividend Dividend( yen) Payout Ratio (%) 20.0 20.0  Dividend for FY2022 increased to Annual dividend Payout ratio 年間配当(左軸) 配当性向(右軸) 17.0 yen (+1.0 yen YoY, +0.5 yen (left axis) (right axis) 15.0 15.0 from the initial forecast)  Dividend increased for 10.0 18.0 10.0 19 consecuti

  17. Slide 17: Earnings forecast for the FY2023

    Earnings forecast for the FY2023 (Unit: 100 Million yen) Earnings forecast for the 1H Earnings forecast for the FY2023 Amount Ratio YoY Amount Ratio YoY Net sales 9,583 100.0％ 104.4％ 18,900 100.0％ 103.2％ Gross profit 2,949 30.8％ 110.1％ 5,838 30.9％ 107.4％ SG&A 2,412 25.2％ 107.6％ 4,898 25.9％ 107.7％ Op

  18. Slide 18: Assumptions for the earnings forecast for the FY 2023

    Assumptions for the earnings forecast for the FY 2023 Sales ■Sales <100 Million yen>  Store Openings 〈Domestic〉 New Store：9 stores/ Conversion：4 stores 〈Overseas〉 New Store：12 stores  Existing stores YoY  DS Business：100.3％, GMS Business：100.3％ ■Gross Profit Margin 30.9％（+1.2％）  PB/OEM sales com

  19. Slide 19: Appendix

    Appendix 18

  20. Slide 20: Financial Results for Q4

    Financial Results for Q4 [Period: April 1, 2022 – June 30, 2022] (Unit: 100 Million yen) Previous Q4 Results Current Q4 Results *1 Amount Ratio Amount Ratio Change YoY Net sales 4,404 100.0％ 4,608 100.0％ +204 104.6％ Gross profit 1,273 28.9％ 1,431 31.0％ +158 112.4％ SG&A 1,129 25.6％ 1,175 25.5％ +45 10

  21. Slide 21: Information by corporation (Cumulative)

    Information by corporation (Cumulative) ▶ Domestic retail (Unit: 100 Million yen) Don Quijote Nagasakiya UD Retail UNY FY 2021 FY2022 FY 2021 FY2022 FY 2021 FY2022 FY 2021 FY2022 Q3 Q3 Change Q3 Q3 Change Q3 Q3 Change Q3 Q3 Change Sales *1 6,662 6,905 243 1,926 1,967 41 1,844 2,104 259 4,927 4,727 (

  22. Slide 22: Segment Information by business (cumulative)

    Segment Information by business (cumulative) ▶ Segments Overview of previous term [Period: July 1, 2020 – June 30, 2021] *1 *2 (Unit: 100 Million yen) Discount Store GMS Tenant Others *3 Total Adjustment Consolidated Business Business leasing External Sales 11,835 4,500 609 142 17,086 - 17,086 Inter

  23. Slide 23: Breakdown of SG&A

    Breakdown of SG&A [Period: April 1, 2022 – June 30, 2022] (Unit: 100 Million yen) *1 3 months ended June 30, 2021 3 months ended June 30, 2022 Amount Ratio Amount Ratio YoY SG&A 1,129 25.6% 1,175 25.5% 104.0% Salaries and allowances 436 9.9% 448 9.7% 102.6% Rent 135 3.1% 142 3.1% 104.6% Commission p

  24. Slide 24: Overview of results by consolidated businesses

    Overview of results by consolidated businesses [Period : July 1, 2021 – June 30, 2022] (Unit: 100 Million yen) 12 months ended June 30, 2021 12 months ended June 30, 2022 Amount Ratio Amount Ratio YoY Discount store business *1 11,835 69.3% 13,275 72.5% 112.2% Home electrical appliances 879 5.1% 852

  25. Slide 25: Store openings for current period

    Store openings for current period Corpo- Business Q1 Q2 Q3 Q4 ration Format Full Year Estimates Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 6月 Kita Senjyu Inage Teradamachi Kirakira Donki Kokura- Okachimachi Rifu Furukawa DiverCity West Exit Naganuma Eki uomachi (Tokyo) (Miyagi) (Miyagi) Tokyo Plaza

  26. Slide 26: Store network

    Store network No. of retail stores in Japan No. of retail stores abroad FY2022 FY2022 FY2020 FY2021 FY2020 FY2021 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Discount Store North America 430 444 450 457 463 468 Business 38 65 65 65 65 65 Business Don Quijote 225 226 226 229 234 237 DQUSA 4 4 4 4 4 4 MARUKAI 10 10 10 10

  27. Slide 27: IR information

    IR information IR Inquiries Pan Pacific International Holdings Corporation, IR Department 2-19-10 Aobadai, Meguro-ku, Tokyo, 153-0042 TEL: 03-5725-7588 FAX: 03-5725-7024 e-mail : ir@ppih.co.jp IR Calendar Announcement of Q1 results for the fiscal year ending June 2023 (Scheduled) Date of announcemen

  28. Slide 28: 2-19-10 Aobadai, Meguro-ku, Tokyo, 153-0042 TEL: 03-5725-7588 / FAX: 03-5725-7024 / e-mail: ir@ppih.co.jp https://ppi…

    2-19-10 Aobadai, Meguro-ku, Tokyo, 153-0042 TEL: 03-5725-7588 / FAX: 03-5725-7024 / e-mail: ir@ppih.co.jp https://ppih.co.jp/

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