Yamato Holdings Co., Ltd. · TSE:9064
Yamato — Q2 FY2022/3 Earnings Presentation
23 slides from Yamato's earnings presentation, Nov 15, 2021
Slide 1: Yamato Group Overview of Consolidated Results
Yamato Group Overview of Consolidated Results ＜2nd Quarter of Fiscal Year Ending March 2022＞ November 15, 2021 Copyright© YAMATO HOLDINGS CO., LTD. All rights reserved.
Slide 2: Progress of Structural Reform
1．Progress of Structural Reform Steady progress in structural reform based on Mid-term Management Plan “One YAMATO 2023” →Evolve from a business structure centered around “TA- Q-BIN”, to one that can provide value from End to End, covering the entire process of customers’ businesses →A structure tha
Slide 3: Establishing the EC Logistics Network
2．Establishing the “EC Logistics Network” Establish a new “EC Logistics Network”, with the aim of creating a business model that can accommodate the diverse needs of the rapidly growing EC industry No. of EAZY parcels & EAZY CREW staff （1,000 parcels） （No. of staff） Reform cost structure by establ
Slide 4: Reinforcing the Corporate Logistics Business
3．Reinforcing the Corporate Logistics Business Strengthen One YAMATO account management, with the aim of providing value not only in the last mile but also in the upstream areas Functional Business Divisions Customers Account sales structure (image) Divisions Provide supply chain solutions integrate
Slide 5: Reinforcing Corporate Logistics Business
4．Reinforcing Corporate Logistics Business Providing value to small corporates ・Create more time for Sales Drivers (SD) to face customers, and strengthen pick-up and sales operations ⇒Rise in the ratio of pick-ups among the SD’s operational mix of pick-up VS delivery ⇒Steady growth in operating re
Slide 6: Operating Results in the 1st half of the Fiscal Year Ending March 31, 2022
5．Operating Results in the 1st half of the Fiscal Year Ending March 31, 2022 Fiscal Year ended Fiscal Year ending March 31, 2022 March 31, 2021 1st half YoY Change (Billions of Yen) 1st half Actual Actual Amount [%] Operating revenue 806.0 865.4 59.4 ＋7.4 Operating profit 26.9 31.6 4.7 ＋17.7 [Profit
Slide 7: YoY Analysis of Consolidated Operating Revenue (1st half)
6．YoY Analysis of Consolidated Operating Revenue (1st half) YoY （Billions of Yen） ＋59.4 Corporate Business ＋7.4% Unit Other Retail Business Unit ＋39.1 ＋5.2 865.4 ＋15.0 806.0 Expanding sales of “Raku Raku Household TA-Q-BIN” In addition to capturing services and “JITBOX According to Sales drivers dem
Slide 8: Quarterly YoY Trends of Parcel Delivery
7．Quarterly YoY Trends of Parcel Delivery (TA-Q-BIN, TA-Q-BIN Compact, EAZY) (2nd Quarter July-September) Increased in delivery volume by responding diverse needs of customers focusing on EC Delivery volume growth rate (TA-Q-BIN+TA-Q-BIN Compact+EAZY) Unit price growth rate Delivery volume growth ra
Slide 9: Quarterly YoY Trends of Kuroneko DM-Bin
8．Quarterly YoY Trends of Kuroneko DM-Bin (2nd Quarter July-September) Volume declined, due to factors such as the shrinking of the direct mail market, as well as the impact of the State of Emergency being extended. （YoY decline from last year’s Q2, when demand was strong due to the State of Emergen
Slide 10: Summary of Consolidated Operating Expenses (2nd Quarter)
9．Summary of Consolidated Operating Expenses (2nd Quarter July-September) Fiscal Year ended Fiscal Year ending March 31, 2022 March 31, 2021 (Millions of Yen) 2nd Quarter YoY Change 2nd Quarter Actual Amount [%] Actual Operating revenue 414,052 445,628 ＋31,576 ＋7.6 Subcontracting expenses 146,448 17
Slide 11: YoY Analysis of Consolidated Operating Expenses (2nd Quarter)
10．YoY Analysis of Consolidated Operating Expenses (2nd Quarter July - September) (Billions of yen) Revenue Subcontracting expenses increase Other ＋30.2 Personnel Vehicle ＋31.5 operating 16.9 expenses expenses expenses Eliminations 18.9 (2.2) ＋1.6 ＋5.4 (5.5) 2nd Quarter Operating Operating 2nd Quart
Slide 12: Summary of Consolidated Operating Expenses (1st half)
11．Summary of Consolidated Operating Expenses (1st half) Fiscal Year ended Fiscal Year ending March 31, 2022 March 31, 2021 (Millions of Yen) 1st Half YoY Change 1st Half Actual Actual Amount [%] Operating revenue 806,067 865,470 ＋59,402 ＋7.4 Subcontracting expenses 283,012 344,230 ＋61,218 ＋21.6 Com
Slide 13: YoY Analysis of Consolidated Operating Expenses (1st half)
12．YoY Analysis of Consolidated Operating Expenses (1st half) (Billions of yen) Revenue Subcontracting expenses Other increase Personnel Vehicle ＋61.2 expenses operating ＋59.4 expenses Eliminations 26.9 (7.0) ＋2.9 expenses (10.8) 31.6 ＋8.3 1st half Operating Operating 1st half 2021/3 expenses profit
Slide 14: Consolidated Operating Expenses (Quarterly)
13．Consolidated Operating Expenses (Quarterly) 2021/3 2022/3 First Second Third Forth First Second (Millions of Yen) Quarter Quarter Quarter Quarter Quarter Quarter YoY Change YoY Change YoY Change YoY Change YoY Change YoY Change Actual Actual Actual Actual Actual Actual (Apr-Jun) Amount [%] (Jul-S
Slide 15: Operating Results Forecast for the Fiscal Year Ending March 31, 2022
14．Operating Results Forecast for the Fiscal Year Ending March 31, 2022 (Breakdown by Business Segment) Fiscal Year ended Fiscal Year ending March 31, 2022 (Millions of Yen) March 31, 2021 August 2021 New Forecast Change YoY Change Actual Forecast Forecast Amount [%] Amount [%] Operating revenue 1,6
Slide 16: Operating Results Forecast for the Fiscal Year Ending March 31, 2022
15．Operating Results Forecast for the Fiscal Year Ending March 31, 2022 (Breakdown of Operating Expenses and others) Fiscal Year ended Fiscal Year ending March 31, 2022 (Millions of Yen) March 31, 2021 August 2021 New Forecast Change YoY Change Actual Forecast Forecast Amount [%] Amount [%] Operatin
Slide 17: Reference material
Reference material
Slide 18: Logistics for the Tokyo 2020 Games
Reference Logistics for the Tokyo 2020 Games As Tokyo 2020 Official Logistics Services Partner, Yamato successfully designed and executed the logistics throughout the Games while ensuring safety and security 【Brought together 11,000 vehicles and the power of 7,700 staff, ＜Items transported by Yamato
Slide 19: Improving convenience of EC parcel delivery: Increasing touch points
Reference Improving convenience of EC parcel delivery: Increasing touch points Further increasing the number of touchpoints, for better EC customer experience No. of PUDO・Click&Collect stores & Click & Collect Kuroneko Members (KM) membership （Service provided through collaboration with KM Doddle(UK
Slide 20: Started Digital return and sending service for EC operators
Reference Started “Digital return and sending service” for EC operators ・ Started the “Digital return and sending service”, by connecting Yamato Transport’s delivery network with Doddle(UK)’s return system ・ Offers better convenience to both EC operators and customers, by digitalizing the return pro
Slide 21: Sales / pick-up operations by Sales Drivers (SD)
Reference Sales / pick-up operations by Sales Drivers (SD) Create time for Sales Drivers (SD) and strengthen sales / pick-up operations to small-lot corporate clients Operating revenue from Unaffiliated No. of pick-ups per SD per shift ・ Customers (Retail Business Unit) No. of active small-lot clien
Slide 22: Filed for inclusion in the Prime Market among TSE's new market segments
Reference Filed for inclusion in the “Prime Market”, among TSE’s new market segments Decided to select and file for the “Prime Market”, out of the Tokyo Stock Exchange’s new market segments • On July 9, 2021, Yamato received the preliminary assessment results regarding our compatibility with the lis
Slide 23: Disclaimer
Disclaimer 免責事項 This material is intended for informational purposes only and is not a solicitation or offer to buy or sell securities or related financial この内容は、投資判断の参考となる情報の提供を目的としたもので、投資勧誘を目的としたものではありません。提供情報の内容については instruments. Ultimately it is the responsibility of investors to select and buy