Edion Corporation · TSE:2730
Edion — Q3 FY03/22 Earnings Presentation
15 slides from Edion's earnings presentation, Feb 4, 2022
Slide 1: EDION Corporation Analyst Meeting Q3 FY03/22
EDION Corporation Analyst Meeting Q3 FY03/22 February 4, 2022 © EDION Corporation
Slide 2: Consolidated Statements of Income
Consolidated Statements of Income Before Application of the Accounting Standard for Revenue Recognition (Reference) Q3 FY03/21 Q3 FY03/22 Q3 FY03/22 Million yen, % % of % of Q3 % of % of Q3 % of % of Q3 Results Results YoY Change Results Sales FY03/20 Sales FY03/21 Sales FY03/21 Net Sales 100.0 581,
Slide 3: Results Summary
Results Summary Net Sales Q3 FY03/22 sales: JPY528.8bn; Change YoY: -JPY52.4bn (90.9% of Q3 FY03/21; accounting policy changes accounted for -JPY17.5bn) Same-store sales were 90.2% of Q3 FY03/21 (April - December; on a POS basis) Q1: Sales were affected by temporary store closures due to the s
Slide 4: Q3 Earnings Trends
Q3 Earnings Trends 40 Net Sales and Gross Profit Margin 100 million yen, % 0 38 1H FY03/20: Rush demand due to the consumption tax Before hike (8% to 10%) application of the Accounting 1H FY03/21: Special cash payments from the government, 36 Standard for Revenue at-home demand, and other factors Re
Slide 5: Q3 Earnings Trends
Q3 Earnings Trends 0 35.00 Before SG&A-to-sales ratio and ordinary profit 234 application of SG&A-to-sales ratio: 27.3% (up 1.7pp YoY) the Accounting Standard for 100 million yen, % Revenue Recognition Pre-application of the Accounting Standard for Revenue Recognition ■ % of sales 30.00 SG&A-to-sale
Slide 6: April–December Sales by Product
Sales by Product April–December Sales 140（％） 118.2 120 110.1 100 97.7 91.7 92.3 88.9 80 77.5 60 40 20 0 1 2 3 4 5 6 7 © EDION Corporation 5
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet End-March End-December Million yen 2021 2021 YoY Change Current assets: +JPY240mn Current Assets 192,549 192,791 241 Cash and deposits: -JPY20.1bn Property, Plant, and Merchandise and finished goods: +JPY17.1bn 125,864 127,237 1,373 Equipment Other: +JPY3.2bn Intangible As
Slide 8: Store Openings, Relocations, and Closures
Store Openings, Relocations, and Closures As of end-December 2021 Opened 16 Stores in Q3 (Edion-owned chain stores) Openings of Edion-owned chain stores Relocations Month Prefecture Openings Month Prefecture Before Relocation Relocated to 1 April Osaka Aeon Mall Ibaraki 1 April Hyogo Sanda Woody
Slide 9: Planned Store Openings
Planned Store Openings New Store Openings (Plan; Edion-Owned Chain Stores) Relocations and End-of-Period New Openings Closures YoY Change Renovations Store Count FY03/21 Results FY 8 1 4 +4 437 10 3 FY03/22 1H (including two non-home 2 （(including two non- +7 444 electronics stores) home electronics
Slide 10: Consolidated Earnings Forecast
Consolidated Earnings Forecast (Reference) FY03/21 FY03/22 2H FY03/21 % of % of Q3 % of % of Q3 % of % of Q3 Million yen, % Sales Results FY03/20 Sales Results FY03/21 YoY Change Sales Results FY03/21 Net Sales 768,114 104.7 715,000 93.1 -53,114 366,231 95.0 Gross Profit 29.4 225,639 107.1 29.7 212,
Slide 11: Shareholder Returns
Shareholder Returns Dividends 50 系列1 系列2 系列3 40.0% 36.7% 45 33.6% 35.0% 40 30.8% 30.4% 29.6% 30.0% Forecast 35 ¥26 ¥22 25.0% 30 19.5% ¥16 25 20.0% ¥18 20 ¥15 ¥15 15.0% 15 10.0% 10 ¥20 ¥22 ¥18 ¥13 ¥14 ¥11 5.0% 5 0 0.0% 1 2 3 4 5 6 (forecast) Profit JPY13.1bn JPY8.9bn JPY11.6bn JPY10.9bn JPY16.6bn JPY
Slide 12: Topic: Robot Programming Education Business
Topic: Robot Programming Education Business We launched the Edion education business in 2017, and it has expanded to 115 classrooms. Students have performed well in international competitions. We are steadily opening new schools in Edion stores. Edion stores that have opened schools: Ibaraki Fujinos
Slide 13: Topic: Maintenance Business (Home Electronics Total Support)
A3 Topic: Maintenance Business (Home Electronics Total Support) Based on our philosophy of “safe and reliable products, long-term satisfaction,” we offer a variety of services to ensure that our customers can enjoy our products over a long period of time. We will continue to focus on the maintenance
Slide 14: スライド A3 作成者, 2022/02/10
スライド 13 A3 作成者, 2022/02/10
Slide 15: Disclaimer
Disclaimer • The financial forecasts and other forward-looking statements in these materials are based on judgment made under normally foreseeable conditions, in accordance with information reasonably available to the Company as of the date these materials were produced. • The forward-looking statem